Category: Money tips Release Date: 2006-07-09
Turnover on the 6th row 0, row 3, volume is only one hand, this super-market alternative charts Jinyu Automobile City took place in the body. Some people say that this trend, like treasury bonds, some people say that this trend, like the fund, but no one say that this trend is like a stock.
"If you do not have much of a daily stock trading volume, turnover-level low, indicating the market is not to participate in, and the stock price is controlled, and will not be ups and downs. Have such characteristics of the stock would be considered Zhuanggu "Jinxin to Zhuang Gu Yue Zhao portfolio managers to make such a definition. Zhuanggu nearly extinct in the modern stock market, Jinyu Automobile City is in line with the above conditions is undoubtedly a Zhuanggu. Moreover, only has 100 Tempered Zhuanggu demon.
Handicap from the performance of the unit one day, one can see the stock being manipulated clues. October 20, 2004, the company announced third-quarter financial report, and forecast full-year profit will be a big increase year on year. The same day, the unit only three pen Yao City pulled up to pay the daily limit, while the main force of only 260,000 yuan of turnover Kong Pan.
Kim recalled the history of the city vehicle movements can also be found that the lowest stock price of 728 yuan, the highest price of 28.69 yuan, a difference of nearly 4-fold. Since the unit began in July 2002, "the word" trend, an average of less than 0.1% on turnover, in most cases to fluctuate in the 0.01-0.05; volume withering daily remained at less than 100 hands on turnover of amount is also very low. And this strange trend has been largely maintained up to now. Yesterday, Jinyu car opened, the city daily limit, turnover is 0, volume is only six hands.
Yue Zhao pointed out that these are obvious Zhuanggu operating practices. After making the stock prices pushed up, because there is no pay, so the dealer can not be shipped, so turnover is very rare, and only a small amount of funds still adhere to these, Change is its own operations. Another analyst pointed out that the trend from the current point of view, the dealer can maintain the funding, because there are no heavy volume down Zapan situation. He said that the stock has a very high position, and if the rapid decline in funding will lead to strand breaks. Therefore, neither pulled nor the dealer to buy, only a small amount of money put on the disk. He said it with the old Zhuang Gu Delong doing. However, if once the capital chain problems Zapan is inevitable, and nothing when the stock price may be hovering at a high level.
Jinde development (000,639 market, information, advice, more) of the situation is exactly the same with the Jinyu Automobile City.
Despite the obvious form, but the banker who actually market is unable to determine. Comparison of front rank from the stock in recent years the flow of the shareholders of view, as of September 2004, the Unit "easy to master", before circulation of the top ten shareholders, has not been significant changes took place, Zhang Fu-you, Xi'an spray a limited domestic service Company, Shanghai Caoyang Property Company Limited, Shanghai Xin Cheng Enterprise Development Co., Ltd., Shanghai Science and Technology Museum, Jiangsu Regal Beer Co., Ltd., Karamay Mo Guicheng Tourism Development Co., Ltd. has not left. However, in 2004, Chengdu Jinyu Group, took over after, in addition to Zhang Fu-you, as a natural person remains immobile, the other institutional investors all easy to master, New 8-bit natural and Fashion Factory Wenzhou Lucheng fill the circulation of the top 10 largest shareholders of the space.
Knowing that the unit is an old Zhuang Gu, still ignoring the danger at any time Zapan generous buying really unpredictable. One analyst pointed out that Kim's car dealer city hidden deep, and its long history of stock manipulation, therefore, the unit is already under the high-risk stocks.
Turnover is almost zero, experts suggest that delisting
Liquidity refers to the stock can be traded freely. Namely, that the holder can according to their own needs and market conditions, the flexibility to transfer the stock. To facilitate the mobility of the country's legal system under the protection of the special advantages of stock trading. Analysts pointed out that the reason why the stock traded, all in liquid, can be traded in the secondary market for the financing of listed companies; if you do not carry out transactions are not mobile, but also less than financial capital, there would be no need for listing a.
An industry figure pointed out that the level of stock manipulation and circulation of the degree of a pair of contradictions, the higher the degree of manipulation, liquidity will be reduced as: manipulation of the lower liquidity of the relatively higher. In foreign securities market, because some companies to trade separately, resulting in poor trading liquidity, trading volume and transaction volume shrinking, leading to many companies delisting. Currently there is no such provision, however.
He pointed out that Kim's vehicle from the current situation in the city view, turnover is almost 0, a serious shortage of volume, only a few million in turnover a day, apparently operated far greater than the liquid occupies a dominant position, and the there is no market funds to participate, such stocks have completely lost the original meaning of public circulation.
But whether it should make it mandatory delisting, the industry was put forward different views. One lawyer pointed out that, from a legal point of view, first of all is the "Securities Act" and other related laws and does not provide for such cases should be withdraw from the market, addition, the current A-share market in the listed company to suffer losses due to poor management that led to withdraw from the market, after the delisting, basically transferred to the three panels, while the situation is different Jinyu Automobile City, the company's own financial situation and no problems, if the mandatory delisting, may be the company itself as a negative, this company unfair.
