|
||||||||||||||||||
Data:2009-12-12 2:34
From Jiancang to ship: the main manipulator of the program exposure
This is the main body of a listed company's shares for a planned operation of the program, the planning of the book. The foreword of this program is to say, the stock market is an "irrational market", but also an outstanding success and only a few markets; is government intervention in the market, but also to guide the main trend of the market. Therefore, as a Trader, Trader must not only have exceptional ability, but also must have a *** visions, planning the overall situation and the ability to control the situation. First, be able to accurately foresee the future in general the overall broad market trends, thus completing the overall layout and operation of the cycle; second, to grasp and successfully use the market's "irrational fanaticism" and "irrational fear" of the emotions; third can be based on the worst of the most dangerous point of view, to develop well-conceived investment strategy and risk control programs; fourth to a major insight into the future trends in monetary policy trends and accurately assess its positive and negative effects of a series of superb operation.
Prelude
1, targeting stocks
A listed company's total share capital of 180 million shares, outstanding shares of 5000 shares. Plate is moderate, the market value of the lower circulation. Legal person shares a more focused, the first largest shareholder holds 32% stake. Circulation of the top 100 shareholders of chips rather dispersed, there is no involvement of other agencies. The company's financial condition and operating management, the fundamentals in general more stable, more abundant cash flow, asset-liability ratio is low (30%), easy transfer of assets and so on. The current stock price low, the risks involved are fairly low.
Second, determine the total thinking Trader
Future tape the general trend: Due to the overall decline in performance of listed companies, state-owned shares, the financial scandal and a series of negative information and is expected to spring of 2002 to 2003 presented to adjust the overall pattern of broader market, although there might be a small up market, but the new one round of the big move to produce faster after the Spring Festival in 2003. This provides the necessary full Jiancang right place.
Possible future introduction of policy: the recent introduction of the policy may be, (a) insurance fund on the market, (2) the establishment of joint venture fund company, (3) B-share market to institutional investors and opening up ... ...; medium may introduce a policy (1) "Securities Investment Fund Law" introduced, (2) QFII introduced, (3) to strengthen the supervision of listed companies, (4) unilateral imposition of stamp duty; (5) equity release mortgage financing to small and medium investors ... ...; long-term policies may be introduced, (1) CDR and the QDII launch, (2) a unified index and the introduction of index futures, (3) the introduction of the GEM ... .... The future introduction of the policy as a whole is fairly good, predict the future stock price rise will come from the policy side and cooperation.
Trader in the fundamentals of listed companies, major changes in the future, the future introduction of monetary policy as a whole is getting better and the future will have a broader market on the basis of a new round of quotes used to Toru its "capital operations" ideas:
1, accumulation Thinking: Pre-losing through the performance of listed companies, listed companies and stock technical graphics bad news ... ... a series of operations and the use of broader market tumble and market pessimism ... ... a number of unfavorable factors, and strengthen investor The sell-off sense of doom and gloom, so that investors believe stock prices also fell, to disguise the purpose of accumulation.
A series of operational planning for the accumulation is based on: first, the broader market tumbled sharply consecutive depth and the market fears, suggesting broader market has entered a short-term bottom of the region; Second, the recent market is bad news by the continuous heavy-weight shrouded, but the news caused traders to sell stocks, or stocks are not interested; third, in the current market conditions, the performance of listed companies Announcement Pre-losing such negative information, will lead investors to throw stocks, share prices tumbled; ... ... This To provide the necessary environment for low-cost Jiancang.
2, pulled up thinking: Through merger and reorganization, block trades, technical-graphics ... ... a series of operations and timely "containing China" - by the broader market higher and moderate "borrowing" - to take a positive series of financial policies ... ... favorable factors, sparking investors chase will convince investors of listed companies, sought after by the main force, and its shares have more upside potential, to cover up the purpose of pushing up stock prices.
For pulled a series of operational planning is based on: on the one hand, M & A (large black horse produced by the cradle) and other topics of great appeal and imagination, are vulnerable to market analysts, funds and other institutions of all ages, stock prices prone to soar; the other hand, we should seize the Achilles heel - investors chase the sell into the psychological weaknesses, and create a profitable effect, and cultivate a group of disks to follow suit, thus paving the way for future shipments. At the same time, the future introduction of the policy as a whole is getting better, predict the future stock price rise will come from the policy side and cooperation.
3, shipping ideas: through foreign mergers and acquisitions, high Transmission and Distribution program, raising the stock's rating ... ... a series of operations and the use of market's strength and publication of the positive financial policy ... ... a number of favorable factors, and strengthen investor shareholding will enable investors convinced that the investment value of listed companies and stock a very great increase in potential, so as to achieve the purpose of hidden shipments.
[1] [2] [3] Next Page
For shipping a series of operational planning is based on: first, foreign mergers and acquisitions is a long-term investment focus of China's securities market. The development of foreign mergers and acquisitions, from the joint venture, equity participation, to holding, which will gradually push the tide of foreign capital M & A speculation; second, introduction of two high-Transmission and Distribution themes (multiple Match in the key charm of the big black horse). After two to become ex-dividend stock price cap, lower stock prices rise for the broad open space, vulnerable to the attention of investors; the three, the future release of a series of positive financial policies will promote the broader market soared, as well as strengthen the investment the confidence of those holdings. ... ...
3, contact with the listed companies
Main operations: how much money? How with the listed companies?
First, the capital plan: 90 million, 80 million, 60 million ... ... a total of 350 million yuan, including the accumulation of funds, pulled up capital and reserve funds. ... ...
Second, the public relations program: the creation of affiliated companies, holding companies and joint ventures ... ... 1, Xx companies - software company established by the X associated company, is the spokesman for the securities market; Xxx company - is a listed company and the X companies to set up a joint venture company, M & A spokesman. 2, Yy company - set up by the media company Y's holding company, is the spokesman for the securities market; Yyy company - is a listed company and the Y companies to set up a joint venture company, M & A spokesman. 3, Zz companies - is a Z biotechnology companies to set up the equity in the company, is the spokesman for the securities market; Zzz's - Z by listed companies and companies to set up a joint venture company, is the spokesman for foreign mergers and acquisitions. 4, W company - is a company registered in the Mainland of China private equity fund, Ww company - is one in the British Islands-registered private equity fund, no one knows the background. 5, ready to companies and individuals in securities accounts. ... ...
Third, the financing plan: the 50 million, 50 million, a total financing 1 billion, including debt financing, equity financing and hybrid financing. ... ...
Operation
Step One: accumulation
Accumulation strategy: First, a listed company announcement "Interim Results Pre-losing," Stock prices fell, when the fell to the bottom of 5 yuan, has begun to absorb the stock as the pick-up, when the pick-up to 6 yuan, stop to absorb. Then, wait for a certain period of time, broader market fell sharply, stock prices follow a downward spiral, falling to the last end position when the 5 yuan, the re-absorb, stock prices rise again, and when the rebound from the previous high of 6 yuan when they stopped. After the tape is expected to be affected by negative news heavyweight (listed company's financial scandals, etc.) the effects of deep-down, stock prices fell along with, when to drop to 5 to 5.5 yuan areas, again, in batches Jiancang, this stock over the previous high of 6 yuan, 6.5 yuan or so until the booking. Each subsequent stock price drop low and gradually move up, each shares jump 5% ~ 10%. (Comment: Imagine, if you are a retail or large, can withstand the several rounds of "toss" no?)
This process, the accumulation volume and prices under control: the initial stock accumulation of 5 to 6 yuan, medium-term not more than 7 yuan, end of no more than 8 yuan, accumulation period of 5 to 7 months, smoking total amount of not less than 2000 million shares to raise a maximum of not more than 3000 million, the lowest Kongpan rate of 40% and the highest Kongpan rate was 60%, preferably Kongpan rate was 50%. In the December 31, 2002 before, Xx, and Yy corporate accounts corporate accounts of the positions of 200 to 300 million shares, a listed company, one of the top ten shareholders. All the rest of the use of personal accounts, each account's positions should not be more than 20 million shares.
In order to successfully Jiancang, Trader Other strategies will be prepared: not only through the performance of listed companies to disclose the annual Pre-losing, litigation and other bad message to the market price but also convinced that a further slide in share prices down, and then took the opportunity to absorb; but also through the recent market affected by negative news, to put the message to wear the important technical support levels, to build a further decline in stock form, and then took the opportunity to Jiancang. (Comment: look at listed companies and to what extent the main collaborators! How you dare to believe that Pre-losing Bulletin or other bulletin? Hopefully this is just an isolated incident.)
Step two: pulled up
Theme co-ordination: the first step of the merger and reorganization, primarily non-performing assets and liabilities strip. First, the listed company will sell non-performing assets and liabilities of the largest shareholders, were obtained Cash 1 million; second, a listed company owes Bank of Debt 1 billion solution is to cease unpaid debts or protecting the interest or the bank-enterprise cooperation in this ; third, a listed company for its liabilities associated with the ** counter-guarantee agreement signed.
Manufacturing for Chuang: In the disclosure of "debt restructuring" information will be preceded by slowly pushing up stock prices to 12 ~ 14 per area, and then to a very strong form of the standard - spoon-shaped cup-like shape, or morphology of order, until the disclosure of information on debt restructuring . In the disclosure of information the day of resumption, the stock pulled up to the limit-board, continued to push up stock prices to 18 ~ 20 yuan area, and then immeasurable fell short of the classical theory of the formation of K-line shape model, the natural feeling of the market share price fell further momentum. In the formation of the classical theory of the short K-line form at the end, it was rumored M & A news - by the Hong Kong media's coverage of the XXX, disclosure of listed companies merger re-rent the message - the message in these hazy under the coordination of the stock pushed up to 24 ~ 26 per area, and then fell with the broader market rates. Prior to the release to clarify the announcement, the stock slowly climbed back to pre-peak region 25 ~ 26 per issue. In the rumors for quite a time, release to clarify the notice to the effect that: "No re-intention" or "no but have not disclosed information should be disclosed," so that stock price dropped to last place at the end of the region 23 ~ 24 yuan. (Comment: See Here, technology to send people to the surprise of the strike. In such a cunning trap in front, and then refined technology will inevitably fall.) Then the share price after a month of consolidation. In the end of the consolidation through sustained moderate heavy volume, and pull in the Yang pulled way, Xx corporate accounts part of the chip into the W's account, it also pushes up stock prices break previous highs, the stock hit a new high, staying at 27 ~ 28 Yuan area. This company became a listed company W top ten shareholders.
Option: In the consolidation period, the share price in line with the classical theory and gradually build a K-line form to do multi-mode - up triangular or rectangular order form, the share price to rise further momentum to form the impression that, in conjunction with the broader market continued to moderate through the heavy volume, and pull l over the previous high point, Xx corporate accounts will be part of a bargaining chip into the W's account, is a listed company, one of the top ten shareholders.
Step three: once again pulled
Theme co-ordination: the second step merger and reorganization, mainly equity transfer and asset replacement. First, the buyout firms M and N, respectively, the largest shareholder of listed companies the acquisition of 20% and 12% of the shares, becoming its first and second largest shareholder, the total amount of 1 billion yuan; second, the listed companies were acquired M and N, under the two subsidiaries, 51%, 49% of the shares, becoming its first and second largest shareholder, the total amount of 1 billion yuan; third of listed companies merger integration, renamed ** software company.
Previous [1] [2] [3] Next Page
Previous [1] [2] [3]