Category: Money Tips Date: 2007-02-22
Since the split share structure reform, all kinds of "promises" in the stock market flying. Are committed to maintaining a controlling stake, the commitment to maintain a certain percentage of shareholding, the commitment, only in a certain price of the stock reduction, and a commitment to repurchase shares, the commitment, the stock write-off ranging ... .... Overnight, these listed companies seem to have become as good as gold should investors trust the gentleman, stands by its word-line will become a righteous fruit.
Do you think you wear the "commitment" of the vest, shareholders will not recognize who you are?
This lack of any legal constraints, there is no technical means to restrict the commitment, in the Red Dust billowing, integrity can be lost among the stock market value of the money, what is the point?
Listing of the year the number of executives to fall? They can Juankuan abscond, can be secured at random to misappropriation of funds of listed companies to corruption, bribery, bribery, and even illegal things they are capable, afraid broken commitment?
This year in April, National Chiao Tung University Broadcom (600,455 market, information, advice, and more) and a "shareholder notice published apology," can be said that the commitments to the stock market to make the best notes, are reproduced below.
"Xi'an Jiaotong University Broadcom Corporation in the prospectus of information Wang Weidong, Yu Lei, Liu Bin, Wu Shu-promoter shareholders of the new 4 as a core technical staff has promised to hold their shares listed on the assignment is not for three years (National Chiao Tung University Broadcom listing date is 2004 3 29).
"April 15, 2005, four shareholders of Xi'an Economic Development International Industrial Co., Ltd. signed a" share transfer agreement ", will be the four shareholders of all National Chiao Tung University Broadcom non-tradable individual shares transferred to the Economic Development International, a total of 3,730,265 shares, the National Chiao Tung University Broadcom shares accounted for 5.98% total shares.
"The above constitutes a violation of the transfer of four shareholders of National Chiao Tung University Broadcom's commitment prospectus are special to the other shareholders of National Chiao Tung University and National Chiao Tung University Broadcom Broadcom Corporation itself to apologize."
If you ask in the stock market value among the promises made will be some money, the answer is soon as the value of an apology. He went against a commitment to who he was how what? Even the symbolic "public condemnation" at all.
Is now engaged in share-trading reform of the company, in addition to give shareholders three shares of four stocks, three dates of the two melons, the mainly rely on a variety of his proclaimed commitment to cater to investors. Perhaps because they were the eyes of investors will always remember to eat do not mind playing the untouchables, good will forget the pain of the scars.
However, the trend of the stock from the pilot's point of view, and repeatedly deceived the investors does not seem to once again believe in commitment, basically can be said to be able to speculate on the speculation one, make some money left, and then fought in the next one pilot company. The profits away, locked, the commitment to leave the listed companies.
Indiscriminately listed companies the power of commitment is a listed company had to jump to listen to the Bale Guwangyanzhi regardless. However, if the management of their laissez-faire, laissez-faire attitude that is dangerous. Split share structure reform if it is built on the basis of commitments, it is tantamount to build on the beach. If a year later, the various commitments a down one, the integrity of the stock market index fell to a point probably is not so simple.
Said the second batch of pilot projects after the end of tradable shares, the management will be some supplementary provisions. Want to add provisions to the commitments of listed companies to conduct regulatory and technical constraints. If you can do so, "commitment" Might is also the value of some money.
