Category: Money tips Release Date: 2006-04-28
Began issuing new shares, and shareholders are very mixed: on hand to hold the stock and more people are worried that new share issue will affect the price Quotes; while more than cash, or have short positions who did not dare to stocks on the "Coke" because they can be free "Chou Dajiang" the.
However, investors do not believe that Lee Wen-Biao subscription of new shares is to not lose things. He started in 1996 specialized subscription of new shares, then the proceeds of new shares, he played more than 50%, but with the purchase, the constant force, "expansion", he returns from declining, by the year 2000 is less than 10% in 2001 signed to buy new shares in Sinopec and Anyang Iron and Steel is his loss not small.
Recalling the years of purchase experience, Lee Wen-Biao found himself encountered many "lose" things: There are times he and his colleagues have a subscription of one million new shares, but because sales department equipment failures, the day all of the purchase were not reported out. Staff to find Lee Wen-Biao, promising to be in accordance with the unit a success rate of 0.14% paid him 14 million new shares, Lee Wen-Biao feel that a more equitable, so I agreed, but he still signed it. But his colleagues did not see it that way, but that the work of sales department mistakes led to his purchase, failure to sign should be paid in accordance with the new shares, after mediation by the court, business colleagues in the Department to pay its 1,000 shares, while Lee Wen-Biao had been signed, so only the can get 14 shares.
After the implementation of the market value of the Placing, Lee Wen-Biao handled a commission placing procedures, so that each business department automatic placement of new shares for himself. Later, a long-term stock market lower, he rarely is stuck with securities companies concerned about their stocks. On one occasion, he learn about himself from others in the new shares, so the sales department to open an account ask questions. Sales Department staff told him that winning investors will certainly be notified of new shares. Lee Wen-Biao said he had not been informed. Sales Department staff to open the computer checking his personal data, the original records do not have his home address and contact telephone number, and therefore can not be notified. And when his account only the hold-up of stocks, no cash, so we did not buy the new shares. Staff member told him three days later to check. After three days of business may be staff of the Ministry has said that the matter only through the Commission or to court to resolve.
Lee Wen-Biao charged to court demanding compensation for his sales department to sign the new shares. Sales Department had argued that, for the purchase of new shares does not require the higher sales department has the obligation to inform the shareholders, but also no statutory obligation to notify to the shareholders personally, notice is just an extra service. Finally the court mediation, business department is only 700 yuan compensation Gilman S, but Nazhi small plates listed on the stock opening price only to earn more than 40,000 terms.
On another occasion, he was signed by the placing of new shares, but Levine is not actually a standard account funds, business department informing him that quickly matching funds. He thought that as long as the payment on the day of closing before the funds can be kept inside, and can then notify the sales department but he missed the payment time.
Exchanges require the original due date of the member units at 14:00 pm prior to the required format submitted to the customer to give up the subscription data, and brokerage in order to ensure a certain degree of data processing, delivery time, most of the provisions of the Sales Department in the morning before the close 10 clock (11:20-11:30) for new shares in the last day for payment of work executed and, at 1:00 pm before the customer to give up the subscription data transmitted through the headquarters of SSE. Lee Wen-Biao was 2:30 in the afternoon, contributions, the payment period has been deemed a waiver of placement of new shares, which marked another upset ones who enjoy the text for a while.
Subscription of new shares into cash now few days ago, Lee Wen-Biao Bian Jiang bank funds transfer to the stock fund account, the results of inquiries this week five when we got there money yet to come. Sales Department to suspend the original transfer of funds just to be themselves counters. Lee Wen-Biao worried and asked to buy shares before the auto-commissioning is also effective, sales department answer is: the placing of new shares after the abolition, there is no automatic delegate, and subscription of new shares needed to shareholders own operation. Lee Wen-Biao thought: It seems that even the purchase of new shares such "minor" as well as well prepared in order to avoid when playing the new shares "disadvantage."
