129836519628281250_337Longyuan electric power was believed to be selectively disclosed to analysts on the issue message
On June 8, according to Hong Kong media reports, China Longyuan power (916) last month proposed the total issuance of shares issued 50% new h-share plan, market and destroyed more than reputation, stock price up down. Company analysts held a conference call Tuesday, disclosed to analysts during intends to reduce or even cancel the additional issue of shares, given the "pumping" action to be price-sensitive information
Diablo 3 gold, it wasQuestioned whether the Dragon source suspected of selective disclosure. Bank of America Merrill Lynch report quoted a source management said the Dragon, "Dragon source not in stock price is now level launched issuance of h-share scheme, because of current prices do not reflect the reasonable price", but the management has not revealed levels of stock in what we consider issuing new shares, and disclosure of "Dragon source does not necessarily issue 1.355 billion new h-shares". The Bank, which means Dragon sourceIssue would have reduced the potential, and the actual issuance and issue price will depend on the reaction of shareholders
SWTOR Power Leveling, as well as the 3rd extraordinary session next month and results may be. Shares slump tired fell less than a month almost 15% by Palestinian reports also confirm that, "Dragon source being given to reduce the scale of issuance of shares", it predicts that, long before the 3rd extraordinary general meeting next month of the source will be the lastDecision. This Dragon source event to the SFC and the HKEx (388), both of which indicated that he will not comment on individual companies. Long Yuan originally planned issuance of up to about $ 1.355 billion h-shares, per cent of its existing issued shares totals 50%, indicates that the new share placement to institutional investors only, was criticism unfair to minority shareholders in the market at the time, share prices fell more than 10% every other day. ThingsIntervals of less than one months, long Yuan shares fell tired 14.9%, it is no wonder that the company had to give up the idea of additional.
According to sources close to the Dragon source means
SWTOR CD-key, "did not say that it is important to issue 50% new shares, the biggest possibility is simply to write out" end circulation "have not clear decision", "the current share price is low, and does not reflect the corporate value". Capital securities analystAdmits, now city condition bad, Dragon source shares and downturn, company fundamental don't want to in new additional shares, due to management layer original to raised 6 billion to 7 billion yuan, but to currently shares,, folding let 20% Hou made shares only can raised about 4 billion to 5 billion yuan, and initially of plans apart too far, so currently additional h can be described as outweigh the, plus Dragon source cash flow ample, so does not excludedCompany will cancel new share plans. Citi questioned fund-raising purposes long Yuan by the end of last year, bank deposits and cash more than 3.6 billion yuan, but the company stressed that additional issue of shares is to optimize the capital structure and to reduce the financial cost, both as investment in wind power, offshore wind and solar projects in the Mainland. However, the Citigroup report, long Yuan is not appropriate for fund-raising purposes, due to offshore wind powerLow return on purpose but high construction costs, offshore wind power and solar energy project approval progress slow, subsidies and constantly cuts, plus the return on your solar project does not attract.
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