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以小股東及股數的角度談華匯三寶-威利國際(273)、民豐控股(279)、漢基控股(412)(三之二)

(1)


上篇談及很多人談及的威利國際(273，前怡南實業、首創、華匯控股、中聯控股、互聯控股)，今次談 談民豐控股(279，前東方紅、恆盛東方、內蒙發展)的股票發展。

根據可考的公告資料，該公司在2000年1月4日的收市價是62仙，至星期五(2010年6月20日)的收市價是 34.5仙，照股價比較是下降44.35%，但實際上當然不是，那它的股本重組速度如何?


根據ETNet的資料，公司在這10年多間的股本重組情況如下:


(1) 2005年8月，20合1。


(2) 2008年5月，10合1。


(3) 2008年11月，5合1。


(4)2009年8 月，10合1。


即是這10年多間，你持有的1股， 變成了0.0001股，亦即你每持有10,000股，就變成了1股!





假設你在2000年1月4日持有以6,200元購入10,000股，並不供股的話，不計手續費，到星 期五為止只剩34.5仙，資金損失達99.99%，每股折損幅度達39.19%。


(2)


假若你供股的話，那會如何?


正如威 利國際一樣，這10年間，他們也是供了4次股，分別是:


(1)2001年8月，1供2，每股10仙。


(2)2007年4月，2供1，每股12仙。


(3)2008年6月，1供5，每股12仙。


(4)2009年2月，1供1，每股11仙。


這這四次股供如果你全部供股，你的1股會變成了54股(不計當中的股本調整)，如計 了股本調整，即當年的1股，即變成了 0.0054股，即最初你買約185.18股，就變成現在的1股，計算方法如下:








(3)

以這假設及不計手續費成本，我們假設你在2000年1月 4日，以62仙買入185股民豐控股及其前身的股票，共付出114.7元，其後拿出 41.75元供股，共投入成本156.57元。

當中，剩下1股價值34.5仙的股票，即代表損失 99.78%，每年複合損失44.29%，詳見下圖。

以小股東及股數的角度談華匯三寶-威利國際 (273)、民豐控股(279)、漢基控股(412)(三之三)

廖駿倫投資之假想-威利國際(0273)、民豐控股(0279)

(先列出前科及總結，後補上資料)

webb-site.com/articles/traingames.asp

Eugene Chuang, CRIGHK and Forefront

Now, what was that "similar action by an independent party"? We think they must be referring to HCA2432/2007, in which Capital Union Inc (Capital Union) sued CRIGHK, and applied for "summary judgement" (which basically means a judgement for the plaintiff without trial of the issues, if the case has no realistic defence). The "principal shareholder" of Capital Union was Eugene Chuang. The claim was based on two loans made by Capital Union to CIGHK dated 15-Aug-07 for $100m and 23-Aug-07 for $50m.

....

The judgement continues:

Mr Chuang says that he agreed that the Plaintiff would lend the Defendant a total of HK$150,000,000 to purchase shares in Forefront, .... He says that Mr Wang gave him authority to purchase Forefront shares on behalf of the Defendant, using the proceeds of the loans, and that he duly did so, acquiring a total of 140 million shares in Forefront for the Defendant on 14, 15 and 22 August 2007, at a total consideration of HK$204,135,963.38 using the loan from the Plaintiff and the margin facilities from Chung Nam"

...

This sounds implausible to us, because in effect, CRIGHK would be getting a 100% loan from Mr Chuang's companies, without any collateral, against a small-cap stock which, even on a good day, you could not borrow more than 50% for. But we continue with the judgment:

"The Defendant’s version of events is very different.  It says that it was in fact Mr Chuang who wanted to acquire shares in Forefront, and that he suggested that instead of doing so himself, or through companies controlled by him, he should do so using the name of the Defendant.  He explained to Mr Wang that by doing this, it would create the impression that a substantial Mainland company associated with the Ministry of Railways was acquiring a significant stake in Forefront, which had just acquired the shareholding in Natural Harvest and thus an interest in the joint venture.  This would be likely to cause the value of the Forefront shares to rise, to Mr Chuang’s advantage.  The Defendant says that Mr Wang reluctantly agreed to this, as he did not want to jeopardise the substantial investment that was to be made in the joint venture."

Now that sounds much more plausible - using a big name to promote the stock.

小小的筆者推論:

http://realforum.zkiz.com/thread.php?tid=19964
個局可能是某人同佢講，你唔夠錢，不如我借隻殼畀你玩，試下買了你父母的股票，錢由我出，如果能夠整合到你家族的權益，我又賺到錢，又賣到隻殼出去，這就一舉兩得

技術上我猜是一個人借錢給另一個人，這筆錢就用來認CB，新股是利息，CB得來的錢就買了那些集團股票，點知就出了差錯，被迫蝕讓。那蝕讓的錢都要還的，所以就有部分的錢轉入證券公司，套番出來先，賣集團蝕了的錢用入股方式還番畀他，咁又多了個炒作題材。

但整體上，某人又多了四億幾生錢入去這個集團入面，又可以玩耐D，睇番Webb先生寫過的火車古仔，呢條橋是用過一次，所以照辦煮碗的機會好大

投資匯網主股海神尼聲稱要打劫莊家的人，跟住就被打劫，或他們才是得益最大，招數根本和他們一夥人玩736、767一樣。人地就是想你注意這個暴升，並預你咁玩，就要發大來搞，唔好咁神祕啦，但是我絕對不建議全部讀者沾手，這些人，還有協助他們，只會造成更多人的不幸，絕不可以因為佢細細個被人欺負，就要害我們。

好大個膽 威利

威利(273)借5,000萬給Hennabun Capital附屬

威利國際(273)容許盧琪茵小姐多6.5個月去付款購買歌德豪宅

威利國際(0273)借款予持股迦迅財務

威利國際(0273)出售歌德豪宅可換股票據予孫粗洪

廖駿倫認購威利國際(0273)1,184萬元新股，佔擴大後股本16.67%

首都創投(2324)建議發行29.72%擴大後股本予威利國際(0273)

4樓提及

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今次一連控制4間公司