my life reset

Chapter 504
Chapter 504
After Hu Yang and others returned from Xiangjiang, three days passed.

During the period, the board of directors of Mingkang Communication repeatedly discussed the profit distribution plan for the previous year proposed by Hu Yang and Gao Mingkang, and finally chose a compromise method.

The profit distribution of the company in the previous year was 10 Hong Kong dollar for every 1 shares.In other words, the company only pays out a small portion of dividends symbolically.

At the same time, the plan for a large proportion of bonus shares was temporarily cancelled.

Originally Hu Yang suggested that 10 get 10 free, but Lu Yali was worried that the company's total share capital would grow too fast and the owner's equity would be diluted too much, which would affect the company's image.

Hu Yang thought about it, and her worry was not unreasonable, so she temporarily withheld her opinion.

"Mr. Hu, Mr. Lu, I think we should take this opportunity to issue 100 billion Hong Kong dollars of convertible bonds, and the conversion price can be set at 35 Hong Kong dollars."

Gao Mingkang can understand Hu Yang's strategic intentions. Since a large proportion of shares is not feasible for the time being, he should take this opportunity to raise more funds.

"Well, I agree with Mr. Gao's suggestion. In addition, the company can greatly increase the annual R&D expenses. In this way, we sacrifice the profits for the next two or three years, but it has laid a solid foundation for the company's long-term development. "

The main purpose of Populus euphratica is to stabilize the stock price as much as possible, but according to the current market conditions, it is difficult to do so without some substantial bad news.

Lu Yali also nodded and said: "I also agree with this suggestion. Mr. Hu, I don't agree with a large proportion of bonus shares, because I think this method is not easy to balance the advantages and disadvantages of this method. As for increasing research and development costs, although it is short-term negative, it will It's a long-term benefit."

The three major shareholders of Mingkang Communications have reached a consensus, which is equivalent to the formation of a resolution of the board of directors.

Immediately, Mingkang Communication issued an announcement saying:
The company's profit distribution plan for the previous year was to distribute a dividend of HK$10 for every 1 shares.

The company will issue convertible bonds in a targeted manner with a scale of HK$100 billion.The convertible bonds have a term of three years and a conversion price of HK$35.

The company will greatly increase the research and development expenses for this year. Compared with last year, the research and development expenses will increase by 125.6%.This fee will have a certain impact on the company's performance this year, and investors are expected to pay attention to investment risks.

The announcement said three things, almost every one of which was interpreted by the market as bad news.

Originally, as of the last trading day, the closing price of Mingkang Communication's stock had exceeded 60 Hong Kong dollars.But as soon as the announcement was released, its share price fell below HK$55.

When the market closed that day, the closing price of Mingkang Communications fell to 54.10 Hong Kong dollars, which was a lot lower than the previous trading day.

After the market closed that day, many people in the industry began to interpret the announcement of Mingkang Communications.

Most people think that Mingkang Communication's stingy profit distribution plan, generous financing amount, and unreasonable increase in research and development expenses all indicate one thing.That is, Mingkang Communications is ready to gamble heavily on the 3G industry, and even when 3G first started, it was ready to put all its eggs in one basket.

Everyone knows that after Mingkang Communication has invested a huge amount of research and development costs, if it can occupy the high ground of the industry, it goes without saying that the company's future is sure to be expected.

But what if the bet is lost?

Just like the 100 billion Hong Kong dollar convertible bond issued by the company, the party that contributed the capital has three years.People can wait until the last moment before considering whether to convert shares.But for ordinary investors, it is certainly not a wise choice to chase up and buy the common shares of Mingkang Communications.

The day after the announcement was made.

The stock of Mingkang Communications suffered huge selling pressure, and the stock price soon fell below the important price mark of 50 Hong Kong dollars.

At this moment, Guo Ziyu, the third son of Guo, couldn't sit still, so he immediately called for Chu Liang.

"Brother Chu Liang, the trend of Mingkang Communication is not quite right. Its stock price has fallen a bit too fast, right? We haven't found many cheap bargaining chips at the low level. The buying price is roughly in the line of 50 Hong Kong dollars to 60 Hong Kong dollars. The cost price is about 54 Hong Kong dollars. Now I have started to lose money, will I lose more and more?"

Chu Liang has also been battered these two days. He especially couldn't figure out why Mingkang Communications issued an announcement that seemed to have "suicidal tendencies".

As an excellent listed company, not only did you fail to bring good expectations to investors, but on the contrary, you greatly lowered your profit expectations. If this is not suicide, what is it?
Of course, he wouldn't think that Mingkang Communications was targeting Guo Ziyu and himself. After all, no company would do such a stupid thing as killing 800 and damaging 3000.

"Third Young Master, you have also seen that the sudden drop in Ankang Communication's stock price is due to the company's own announcement. Now this stock has added a lot of uncertain factors, but my suggestion is to wait and see. "

At present, the price of Mingkang Communication's stock is around HK$48, and Guo Ziyu's loss is about a dozen percent, which is still within the tolerable range.

"What if it continues to fall? Don't forget what you said when you encouraged me to buy this stock."

Strictly speaking, as long as you are involved in the securities market, there must be risks.

Chu Liang's plan to raid Mingkang Communication this time, from planning to implementation, it should be said that there is no major problem.It's just that he may be too cautious, or he always wants to use shady means to absorb goods at low positions, but he loses his initiative.

After international capital began to intervene in Mingkang Communications, Chu Liang couldn't wait to start chasing up, from 50 Hong Kong dollars to 60 Hong Kong dollars, which greatly increased the cost of holding shares.

However, Chu Liang's countermeasures are right at this time, and he must not mess up at this time.However, after all, the funds are not his but Guo Ziyu's, and the initiative in the future is not in his hands.

"Third Young Master, I suggest that we continue to wait patiently. Isn't there still a large amount of international capital involved in Mingkang Communication? If the other party does not move, we will not move. If the other party starts to sell, we can only admit the loss and get out of the game gone."

Chu Liang shook his head and decided to persevere to the end.

He always felt that there was something wrong with this announcement from Mingkang Communications, but he couldn't tell what was wrong.

"I won't wait too long. If the stock price of Mingkang Communications falls below 45 Hong Kong dollars, I will definitely stop the loss and get out. At that time, Brother Chu Liang, don't blame me for being ungrateful."

Chu Liang is also self-inflicted. He encouraged Guo Laosan to deal with Hu Yang for a high return.He originally wanted to slowly absorb the shares of Mingkang Communications at a low level, but who knew that international capital suddenly stepped in and quickly pushed up the stock price.

Then he felt that he could take a free ride. In fact, the stock price of Mingkang Communication was also soaring all the way. As a result, Mingkang Communication issued a fatal announcement.

"Third Young Master, you can't blame me for what happened this time. Too many accidents really happened."

Chu Liang tried his best to defend himself, but Guo Ziyu didn't care about it at all.

at the same time.

A photocopy of the announcement issued by Mingkang Communications also appeared on the desk of the president of Google & Google Dahua District.

"James, don't give me any reasons. I just want to ask you, do you think you misread this company at the beginning?"

James is the person in charge of the specific implementation of the fund operation this time, and he also does not understand the purpose of this announcement.

"No, I don't think I misunderstood Mingkang Communication. This company has extraordinary strength in communication equipment and communication terminals. They have won a large number of base station orders in the domestic market. Moreover, Mingkang Communication's first The 3G mobile phone has been released, and it is said that the response in Europe is very good.

As for why the other party made this big gamble, I don't understand either.In fact, there is no need for the opponent to be so eager to place all the chips. With the opponent's "Pangu System", in this 3G feast, they will not be out at all. "

In fact, it doesn't take many brain cells to think clearly. Once Mingkang Communication wins the bet, it will definitely skyrocket.

"James, do you think they can win?"

The president of Dahua District nodded thoughtfully and asked the last question.

"I don't know, but I think that even if Mingkang Communication loses the bet, it won't be bad. It will only affect their performance within two or three years at most."

James shrugged and stopped thinking about the reasons behind the announcement.

"Well, then what else do you have to doubt? James, why not take this opportunity to drive down the share price of Mingkang Communications, and buy it back, wouldn't it be good?"

The president of Dahua District smiled slightly, closed the folder with a snap, and threw it over.

James also laughed. He reached out to catch the folder and said, "That's a really good idea. I'll do it right away."

After the market opened on this day, the stock price of Mingkang Communications showed some signs of stabilization at the line of 46 Hong Kong dollars.But as a huge amount of selling orders came out, the turbulent selling orders suddenly poured out like a tide.

45 Hong Kong dollars, 44 Hong Kong dollars, 43 Hong Kong dollars Mingkang Communication's share price lost three small barriers in a row.

Guo Ziyu and Chu Liang, who were watching the market, were instantly stunned by this scene. After realizing it, Guo Ziyu looked ugly and shouted at Chu Liang:

"Quick, quick, sell quickly. Chu Liang, Chu Liang, you killed me."

Chu Liang didn't even need to analyze it carefully, he could be sure from the board only that this was international capital fleeing.

At this point in the matter, he has nothing to say, so he can only follow Guo Ziyu's advice and start cutting out the game.

Fortunately, the stock price of Mingkang Communications fell too fast just now. After a round of fierce selling, the stock price of Mingkang Communications ushered in a small rebound.

Chu Liang took advantage of this opportunity to frantically sell his stocks.

When the market closed, Chu Liang and Guo Ziyu settled the accounts, and each share of Mingkang Communications lost a full 10 yuan.

In other words, in a short period of time, Guo Ziyu lost almost 5 million Hong Kong dollars.

5 million Hong Kong dollars is not a small amount, even with Guo Ziyu's wealth and power, he felt an unforgettable pain.

(End of this chapter)