Category: Money Tips Date: 2006-12-24
Restructuring of the stock market as "medication" and was both "dressing-for-soup again," two forms. A number of false re-stocks, the main concepts through the creation of a listed company changed its name for the purpose of sex to hype, some loss-making companies facing delisting through the statements of reorganization, to play a game of numbers the way to "restructuring" losses, in fact, the operating mechanism Company's products, main business has not changed, which belong to the "medication", the company is not a qualitative change in fundamentals, problems plagued the company have not been completely resolved, and hard to cure. When some corporate restructuring will completely change the main business, from quantitative to qualitative change, such a company, the stock sooner or later be reflected in the "Old Tree" is very easy to issue "shoots" to.
For example, st saddle workers with a special steel with the north-east, North st two consecutive losses into a listed company. The former critical juncture in the face delisting by astronomical means the transfer of a land assault, "losses", in fact, the company's internal operations have not been fundamentally improved its restructuring will have a new name is suspect. The st north of the restructuring of steel, there's a sense of a face-lift: 1, the controlling shareholder of Northern Steel Group intends to hold part of its stake in state-owned shares transfer agreement Heilongjiang Province Road and Bridge Construction Group; 2, the Heilongjiang provincial government loan to be given to the company discount 10 million yuan, will increase the company's 2001 annual non-recurrent income 10 million yuan to help the company turn losses into profits work; 3, st North steel assets and liabilities to be transferred to the Northern Steel Group, the transfer of the total assets of 1,404,870,900 yuan , liabilities 1,404,870,900 yuan, net assets of ï¿?0. Under an assignment agreement, the North over the steel to determine the company's assets and liabilities transferred to the Northern Steel Group, its remaining assets to other receivables 757.7759 million yuan. The transfer of assets accounted for steel in northern Manchuria, 64.96% of total assets, total liabilities, total liabilities transferred out of 100%. 4, the company has passed with the Heilongjiang Provincial Road and Bridge Construction Group Co., Ltd. assets replacement agreement's motion. Can be seen, the company's controlling shareholder will appear to change most of the assets, liabilities have been transferred out of the 100% will be replaced entirely into the Road and Bridge Group's assets. It can be said that the new steel st north st has been completely different from the old North-steel, new steel will be the main highway bridge construction company, although the company is still using the old name, but in fact is an "old bottles The new wine ", according to the laws of a general reorganization of the projection, the company changed its name to the inevitable future, to name and in reality purposes.
The secondary market, after a sharp fall, the two stocks were picked up momentum appeared to stabilize, but the former is more reflected a rebound in oversold market, the latter gains the support due to fundamentals, which will be more durable.
