Category: Money tips Release Date: 2006-08-21
Lai Kin Man do not want people to call him "old Lai," because this name is indecent, but who told his surname "Lai," then, coupled with his usual did a little bit, "shamelessly" temper. For example: playing cards lose to admit its fault chess often undo. There are manager of the company announces that: Any late three times within one month, the withheld month bonus as a result, the old Lai are late twice a month, but certainly not late for the third time. A year later, he was late 24 times, did not deduct a penny of prize money. Others say that the old Lai really are "competent", the old Lai is not satisfied, saying: "I am What kind of ability this point, others of comparable listed companies, I have a 'capability' more."
Depends on those stocks the old colleagues, said: "It's not there is a saying called 'Live Is Better Than alive', these words used in a number of perennial struggle to the edge of life and death in the delisting of listed companies who, quite appropriate. As the listed companies according to the provisions of Continuous a loss of 3 years must be delisting, but there are measures under the policy, some listed companies to come up with a way: two and a half on the losses for each loss, and then followed by loss. I'm late to the point how can I, and others listed on ability the company's turnaround ability than ah. "
* ST China with the old Lai A illustrate that the company in 1997 and 1998 were a loss to the 1999 mid-year report or loss can be made to the annual report of listed companies have become the man of the hour, as it passed Accounts restructuring, not only to achieve profitability, but also with the performance of 0.417 yuan per share, into the blue-chip industry becoming the star of the deficits. Look at someone more competent enough, the loss of two and a half after the losses of the time. If that is not only just a few months time, * ST China A mid-year report was news that the Pre-losing news, those advocating the theme of blue-chip investors like the speculation deficits have been re-stuck.
And then the next in 2000 and 2001, * ST China A followed by a loss, even in the huge loss in 2001 to reach 4.71 yuan per share, the alarming levels of (currently * ST China A shares only 2 yuan), in fact this is the companies play a "one-loss your fill," the trick. By mid-2002, the company is still loss-making, can be reached by the end of 2002, it once again after two and a half in the loss magical turnaround time, and even the stock price also followed an air about that.
This time depends on the old Coca-Cola: the Ganqing of this listed company's temper and, like him, the old Lai does not like to see the once-close friends for many years, will the stock firmly in mind. He intends Well, if this company again, a loss of two and a half, they must buy the full position, because it will certainly "shamelessly", and will return to profitability at the last minute.
The next in 2003 and 2004, * ST China A is Gujichongyan, followed by a loss to continue until mid-2005, or a loss. Old depends on the use of all funds in the mid-year report released during the Mancang buy. Many well-meaning people tried to persuade him and said: "This company has been loss of two and a half, you had better beware of a delisting risk." Lai old joked: "You do not worry, I was chairman of listed companies is Iron Man, he told me at the end will return to profitability. "
This is not, not until the end of the year, * ST China A three-quarter results showed that it had miraculous turnaround. Stock is turned over the somersault up, the old Lai sell the stocks after a afterwards, just 3 months time, earning 50 percent more than the old Lai laughed Zuidu He Bulong had. Big Time Investment Wang Shun
