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台灣高雄燃氣爆炸死傷已達295人

http://www.infzm.com/content/102871

7月31日晚昨夜至8月1日凌晨,台灣高雄市前鎮區多條街道陸續發生可燃氣體外洩,並引發多次大爆炸。據新華社消息,截至8月1日上午9時30分,死傷人數上升至295人,其中死亡已達24人。

中新網引據台灣「中央社」報導,爆炸影響範圍約2-3平方公里,包括高雄市凱旋三路、二聖路、瑞隆路、三多路、崗山南路一帶。三多路附近是著名的三多商圈,有非常集中的百貨大樓購物中心。

台灣經濟部門負責人張家祝表示,原來以為燃燒的氣體是瓦斯,經過相關數據比對,比較可能是丙烯。

目擊民眾說,31日晚上大約九點鐘,爆炸地點三多街、英祥街一帶有濃濃的瓦斯味道飄來,前鎮區、苓雅區交界地點,有7處水溝冒出白煙,伴隨疑似燃氣味,消防部門會同相關單位勘察漏出油氣的地點,但是在狀況不明的情況下,大約7月31日晚間11時55分左右就發生連環爆炸。

澎湃新聞引據「中央社」報導稱,受災戶表示,7月31日晚就發現水溝冒出白色泡沫,居民都聞到類似瓦斯的臭味,並通報警消等單位處理,但卻未實時關閉開關止漏,才造成連環大爆炸。

高雄市長陳菊凌晨在救災指揮中心表示,這次造成高雄市有史最大的石化氣爆事件,先救災讓民眾撤離至安全地點。

路人汽車被震飛

據前述新華社報導,爆炸發生後,不少路段塌陷範圍3米深。場面非常混亂,路邊的車輛、樹木、水溝蓋,甚至行經道路的人車也被爆炸的氣流掀翻,不少人員被爆炸波及,甚至被掩埋在瓦礫堆中。

警方與消防搜救人員1日上午清理現場時,在4樓露台搜救到兩名被從路面被上拋到樓頂的傷者,另發現一輛汽車被震飛至3樓,顯示氣爆威力驚人。

台灣軍方從1日凌晨開始,派遣1400多名官兵進駐現場救災,派出16類、400多輛車輛,包括工兵群生命探測器、化學偵檢車等。 

截至1日清晨7時,救援方面,徒手救援暫時停止,重型機具進入救援現場,並已出動直升機參與救援工作。傷員救治也在積極進行中。 

工作人員提醒民眾,不要靠近爆炸現場,仍舊存在危險,有二度爆炸的可能。據媒體報導,有一名蘋果日報記者31日晚在現場進行報導時,被爆炸的威力波及,全身50%二度燒燙傷。

官員:或因石化液體下水道竄流起火

據前述新華社報導,目前,災害地區的瓦斯公司暫時沒有天然氣管線爆炸,並已關閉附近開關。這次爆炸共計造成有2萬參仟余萬戶停氣、1萬2千餘戶斷電、3處加油站停業。   

災害現場前指指揮官張家祝指出,原來以為燃燒的氣體是瓦斯,經過相關數據比對,可能是丙烯,丙烯並非公用氣體,是石化原料。到底是石油還是石化管線造成的洩露,還需要進一步會堪才能確認。

另據中新網援引「中央社」報導,至於事發原因,市府官員研判,是石化液體流到路旁的側溝,再到箱涵,沿著雨水下水道一直流竄。

市府官員說,下水道內有台灣「中油」、台灣「中石化」、欣高瓦斯和電信等管線單位,石化液體可能在水溝蓋處碰到火花時起火爆炸,才會一路從一心、二聖、三多、凱旋路爆開。

高雄地檢署表示,這起大規模氣爆,洩漏瓦斯或石化原料導致爆炸失火,涉及公共危險罪,目前先瞭解狀況和情況穩定後,調查相關刑事責任。

中國台灣網援引「台灣東森新聞云」報導,台灣中油公司發言人張瑞宗指出,前鎮區有包括中油公司的乙烯管線、台灣中石化的乙烯管線和李長榮公司的丙烯管線。

張瑞宗說:「基本上我們中油公司在高雄前鎮有一些管線送石化原料到中下游業者,這些管線中有很多是石化下游業者自己的管線,也有部分是中油公司的管線。整體來說,整個原因還在做全面瞭解,我們管線有做進一步的清查,情況正常。」

臺灣 高雄 燃氣 爆炸 死傷 已達 295
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吉林敖東第一大股東增持295萬股 廣發證券股權爭奪升級

吉林敖東11月24日晚間發布公司股價異常波動公告,經查,公司第一大股東敦化市金誠實業有限責任公司在11月22日買入公司股票295萬股,目前敦化市金誠實業有限責任公司持有公司股份為 234,746,333股,占公司總股本的26.25%。

本周一晚間,公司公告陽光產險於11月21日通過深交所集中交易系統增持公司無限售條件流通股89.455萬股,占總股本的0.10%,增持均價為27.75元。本次增持後,陽光產險共持有公司4472.1976萬股,占總股本的5%,達到舉牌線。

對於陽光產險舉牌吉林敖東,市場普遍解讀為“舉牌敖東,意在廣發”。資料顯示,吉林敖東及全資子公司敖東國際(香港)實業有限公司,通過深交所和港交所增持廣發證券股份,截至今年1月14日,吉林敖東持有廣發證券的股份已超過遼寧成大的16.40%,成為廣發證券第一大股東,與一致行動人合計持有廣發證券16.69%的股份。

隨著去杠桿化的推進,券商牌照越發被各類資金看好,合法合規地獲取券商牌照,已成為不少險資夢寐以求的事情。

而吉林敖東的凈利潤來源較大程度依賴廣發證券。2016年半年報顯示,吉林敖東上半年實現營業收入12.17億元,同時實現股東凈利潤8.38億元,其中廣發證券為吉林敖東貢獻了投資收益6.73億元,占吉林敖東股東凈利潤的比例超過80%。

吉林 敖東 一大 股東 增持 295 萬股 廣發 證券 股權 爭奪 升級
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奶茶妹與劉強東座駕曝光148萬美元;阿里市值首次站上3000億美元;賈躍亭財富同比縮水295億元... | 黑馬高調早報

來源: http://www.iheima.com/zixun/2017/0511/163050.shtml

奶茶妹與劉強東座駕曝光148萬美元;阿里市值首次站上3000億美元;賈躍亭財富同比縮水295億元... | 黑馬高調早報
靜靜 靜靜

奶茶妹與劉強東座駕曝光148萬美元;阿里市值首次站上3000億美元;賈躍亭財富同比縮水295億元... | 黑馬高調早報

一大波科技大佬座駕正在襲來......

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停電窗簾,源於1939年,由於戰爭空襲的威脅,英國實施強制性停電。為了隱私與安全,居民們晚上在窗戶上掛上這種黑色棉布窗簾,戰爭結束後大家也繼續使用了這種窗簾。 看了上圖,靜靜更相信一句話:藝術來源於生活!靜靜友誼提醒:低頭奮進的人們,也多仰望星空發現一下生活中的美吧,嘖嘖~~

早安,艾瑞巴蒂,一起來看今天的早報。

頭條:互聯網大佬座駕揭秘

1、劉強東座駕亮相:售價148萬美元 還有“奶茶妹”標識

5月10日消息,原汽車之家3 號員工、內容總監韓路在上海F1 國際賽車場試駕體驗了蔚來汽車EP9 的一款試駕車。據了解,這臺試駕車目前屬於劉強東夫婦,而且引人註目的是,車身側面銘刻著獨特的“Richard&Nancy”標識。

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目前蔚來在全球僅有6 臺EP9,售價148 萬美金,裸車價約是法拉利458 Speciale的2 倍,這六臺車的擁有者是蔚來的6 位投資人。據了解,蔚來EP9 擁有四個高性能電機、四個獨立變速箱,整車最大輸出功率1360 馬力,0-200km/h加速7.1s,極速313km。

一大波科技大佬座駕襲來(註:以下盤點僅是大佬座駕中某一款)

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馬雲 邁巴赫2007款62S 市價約1070萬元

微信圖片_20170511054941

馬化騰 市價約128萬美元

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李彥宏 奔馳2014款S600 市價約260萬元

20160411045427847

雷軍 特斯拉 市價約64.11-97.93萬元

@Jasmine-lei:劉強東這兩個人都有點…鄉村大學生回鄉創業成功後的既視感…

@minc63:劉強東 Richard 英文名起的真好

@愛ci肉的小胖子:奶茶妹妹最近的出鏡頻率是不是有點高?

@Mr-yummy:東東你回老家開車看看,分分鐘石頭子卡死~

@哈哩里呀:哈哈!姐就服你

@淡漠流年love:對,靠自己本事想過什麽生活都可以,沒啥好酸的。

@皮皮豬:不知妻美劉東強

國內資訊

2、創歷史新高!阿里巴巴市值首次站上3000億美元

阿里巴巴股價在周二美國股市的交易中上漲2.69%,收於120.00美元,創下歷史新高。以周二收盤價計算,阿里巴巴市值達到3000億美元。今年到目前為止,阿里巴巴股價漲幅為35.4%。阿里巴巴將於5月18日公布上季度財報。

@自渡擺渡:阿里巴巴未來成長空間巨大,原因是支付寶只在國內占據優勢,但是海外市場還沒有完全發力。

@打醬油的小兒:3000億小目標實現了,哈哈

@誓執黃:只要平臺做得更好,那麽消費者就會選擇你的服務。

@我要幹嘛:新零售在公開場合的發起者,現在確實都想著這個方向去發展了

3、2017新財富500富人榜:賈躍亭財富同比縮水295億

5月9日,新財富雜誌發布《2017新財富500富人榜》,其中王健林、王思聰父子以1794.3億元的財富坐穩首富寶座。賈躍亭家族以344.5億元,位列第34位。而在去年的新財富500富人榜上賈躍亭家族財富為640億元,位列第九位。一年之間,賈躍亭家族財富縮水近300億元。

@賺票票吶:何以解憂,唯有暴富!

@北柯貳夢:樂視前期擴張太厲害,現在的結局是覆水難收~

@蛋撻老師:恐怕……明年不在列了吧?

@麥芒:賈躍亭,唏噓!

4、外媒:小米正與銀行洽商 為一筆10億美元貸款融資

5月10日,據國外媒體報道,小米正在與數家銀行接洽,為2014年簽署的10億美元貸款進行再融資。據稱,目前德意誌銀行、摩根士丹利和永隆銀行三家銀行已經受托安排此案。有消息稱,德意誌銀行今年早些時候為該公司與投資者舉行了一場非交易路演,小米在考慮一筆規模為5-6億美元的三年期貸款。

@我在等你:有現金流還貸款,把貸款變成資產多值錢啊,便於發展。

@真誠的Ham:貸個款很正常吧

@國人亦雲:性價比的概念已經不適合國內消費者的口味,小米的價格優勢不再了,創新也略顯不足,所以需要改變,期待小米能有新動作。

@霖匾帕登位:只要讓大眾信服了,你才能更好的立足。

5、支付寶財付通被央行處罰3萬元 兩公司作出回應

5月10日消息,兩大支付巨頭支付寶和騰訊旗下財付通近日均收到央行罰單,因違反支付業務規定,並處以3萬元人民幣罰款。中新經緯客戶端第一時間聯系到上述兩家公司,兩家公司透露,被處罰的原因都是由於賬戶實名制的落實工作不到位。對於兩家機構的具體違規原因,央行公告並未說明。

6、ofo被曝內部腐敗嚴重 回應:一旦查實絕不姑息

日前,當紅獨角獸之一的ofo遭遇到了重大危機:幾位ofo員工在實名社交平臺上曝光ofo內部腐敗嚴重。對於種種爆料,ofo的相關負責人向環球科技給出了回應,請大家相信,我們對貪腐零容忍,一旦查實絕不姑息,將公平、公正的處理所有貪腐事件。

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7、8個月“閃退”新三板 網酒網淪為酒業電商泡沫

日前,樂視旗下酒類電商平臺網酒網發布提示性公告顯示,該上市公司擬申請在新三板終止掛牌。此次宣布摘牌,意味著網酒網將成為酒類新三板上市公司中的首家退市企業。近幾年,網酒網一直處於增收不增利的狀態,自2016年大股東樂視控股資金告急後,網酒網運營資金鏈隨之亮起紅燈,企業運營每況愈下。

@藍星的日子:樂視連酒都投資了......這是下了多大一盤棋......

@趙今:樂視走得太快,想要的太多

@左岸的晶:還不到一年啊,創業真不容易,有點可惜了

@老保定2014:最近幾年酒業確實不怎麽好,行業競爭激烈~

8、別再往百度網盤存片子了 下月就要開始實名制

5月10日,百度網盤對外發布公告,稱應《中國人民共和國網絡安全法》要求,2017年6月1日起,使用互聯網服務需進行帳號實名認證。為保障百度網盤帳號的正常使用,請收到帳號驗證提示的用戶於6月1日前進行手機號驗證,一個手機號根據情況的不同,可以驗證多個帳號。6月1日起,未進行手機號驗證的帳號會被強制退出,驗證後方可重新登錄。

9、董明珠今年第二次增持格力電器:耗資95萬買3萬股

深交所最新披露的信息顯示,董明珠在5月8日,以31.76元/股的均價,競價交易,增持了3萬股格力電器股票。總計耗資約95.28萬元。此前的1月16日,董明珠曾增持格力電器13萬股,占總股本的0.0216%,成交均價23.58元/股,成交總金額306.54萬元。

10、前錘子科技CTO錢晨宣布加盟洪泰智造工場

5月10日,前錘子科技CTO錢晨博士正式宣布加盟洪泰智造工場,出任首席技術官,並負責硬件研發及供應鏈等工作。錢晨是中科院水下聲學博士,曾在摩托羅拉工作13年,加入錘子科技後,主導開發了錘子手機 SmartisanT1,SmartisanT2,以及堅果手機。

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@蘇鄉門第:以前羅胖子在發布會上一口一個錢晨博士,現在一口一個吳德周。

@丁csu:錢博士離開錘子之後喜愛他的人視乎不那麽多了

@儆認靶:在摩托羅拉工作十三年,創造了很多奇跡

@恃堂鎂萍芯:祝福,希望以後能夠帶給我們更多的驚喜。

11、富士康證實特朗普郭臺銘會談

據日本經濟新聞5月9日報道,富士康集團戴正吳證實了郭臺銘和美國總統特朗普的會談,並且披露了一些內容。戴正吳表示,郭臺銘在4月27日和4月28日拜訪了美國白宮,和特朗普總統進行了會談。除了兩人之外,美國還有六位州長也參加了會談,這些州長目前正在為各自的州爭搶富士康的投資項目。

國際資訊

12、傳軟銀千億美元基金募資接近完成 最快將於下周宣布

據外電報道,軟銀最快將於下周二宣布軟銀願景基金募集資金達到950億美元的消息。截至目前,軟銀方面對此報道未予置評。據悉,軟銀願景基金吸引了沙特阿拉伯主權財富基金的興趣,該基金將考慮投資450億美元。此外,蘋果、高通等科技公司也均表示將對軟銀願景基金進行投資。

@澤瀮:還是孫正義厲害,沒有孫正義這樣有遠見的人的話,可能不會有今天的阿里巴巴。

@若即若離:真有錢啊

@春至夏分:孫正義的成功並不是偶然,他有很多成功的投資案例,個人市場經驗豐富,其實大家更看好他的商業經營能力。

13、蘋果股價為何高歌猛進?股神倉位增至200億美元

據外電報道,蘋果股價周一盤中突破8000億美元關口,這也讓股神沃倫·巴菲特(Warren Buffett)掌管的伯克希爾·哈撒韋公司(Berkshire Hathaway Inc.)持有的蘋果股票市值突破200億美元。截至第一季度末,蘋果已成為該公司第二大重倉股,遠遠超過截至2016年12月31日的71億美元。

14、揭秘特斯拉最新SUV Model Y 最早或2019年上市

特斯拉電動汽車公司計劃於2017年末向用戶交付其首款大眾型電動汽車Model 3,但它實際上還在研發另一款重要產品。不久前,在特斯拉第一季度財報會議上,馬斯克宣布Model Y將在2019年末或2020年上市,這也是馬斯克首次透露有關這款SUV研發狀態的信息。

2

@靈動小精靈:特斯拉正式開始發揚光大了~

@萬物始緣:特斯拉註定是一個了不起的公司,趕上電動汽車的風口。

@王康虎:Model3都沒等到,這個。。。

@KK烈:馬斯克是個人物,特斯拉來勢洶洶!

15、Snap首份季度財報或讓投資人失望 股價被指偏高

據外電報道,雖然Snap股價在過去的一周時間中上漲了6%,但是市場當前普遍預計,其增長速度正在放緩。數據提供商FactSet提供的數據顯示,市場分析師當前平均預計,不按照美國通用會計準則計算,Snap第一季度調整後的每股虧損將為0.21美元,虧損幅度較上年同期的0.09美元有所擴大;Snap的營收預計將激增300%以上,達到1.58億美元,但低於上一季度的1.657億美元。

投融資

16、小狗電器宣布獲得1.5億元投資

5月10日消息 吸塵器品牌“小狗電器”發布公告,宣布擬發行股票數量不超過480萬股(含480萬股)普通股股票, 股票發行價格為每股人民幣31.25元,募集資金金額不超過人民幣15,000萬元(含 15,000萬元)。

17、禾賽科技宣布完成A輪1.1億元融資

5月10日消息,激光雷達公司禾賽科技對外宣布獲得由高達投資(Pagoda Investment)領投,將門創投、磐谷創投及遠瞻資本跟投的共計1.1億元人民幣的A輪融資。據悉,這是我國本土激光雷達所獲得的單筆最大金額融資。

18、中泰創匯將投資4億元參與柔宇科技D輪融資

5月10日消息,中泰創匯將投資4億元人民幣參與柔宇科技D輪融資,達成戰略合作,雙方在產業夥伴、技術合作、公司經營、市場推廣等方面發揮更大的協同效應。柔宇科技於2012年在美國矽谷、中國深圳及香港同步創立,先後獲得一批國內外知名風險投資機構和投資人共計數億美元的投資。

今日思想

在成人的交際禮儀中,沒有爽快的答應就是拒絕的意思。

  —— 貓寧_閃電醬

奶茶妹 劉強東 阿里巴巴 賈躍亭 ofo
贊(...)
文章評論
匿名用戶
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奶茶 妹與 劉強 座駕 曝光 148 美元 阿里 市值 首次 站上 3000 賈躍 躍亭 財富 同比 縮水 295 億元 黑馬 高調 早報
PermaLink: https://articles.zkiz.com/?id=248902

中國汽車內飾(0048,8321)專區[關係:794、2228、692、295]

1 : GS(14)@2010-09-21 21:49:04

http://www.hkexnews.hk/listedco/ ... LN20100921004_C.HTM
又是新紅雞啦,2億股....殼乎?
2 : GS(14)@2010-09-21 21:49:22

唔睇聯交所公告都唔知有隻咁野
3 : 自動波人(1313)@2010-09-21 21:57:13

2樓提及
唔睇聯交所公告都唔知有隻咁野


我都係睇報紙個新股時間表先知....
況且全配售
4 : GS(14)@2010-09-21 22:12:20

3樓提及
2樓提及
唔睇聯交所公告都唔知有隻咁野


我都係睇報紙個新股時間表先知....
況且全配售


80仙至個二,上一次隻寶地股就爆升,今次估下升幾多
5 : 龍生(798)@2010-09-21 23:22:06

又黎呢的咁既野
我又要早起身補住佢打游擊了
6 : 純技術分析之人(1571)@2010-09-22 18:26:28

4樓提及
3樓提及
2樓提及
唔睇聯交所公告都唔知有隻咁野


我都係睇報紙個新股時間表先知....
況且全配售


80仙至個二,上一次隻寶地股就爆升,今次估下升幾多

湯兄所指的寶地股係咪大陸生命?如果係o既話,上次都叫做有"獨特概念",而且好張揚,全香港人都識咁濟,可以炒高引大量老散入局,之後插返一兩年,等d老散走得7788再做野,而上個月果隻疑似殼股猩謙都有成哥做噱頭,炒高一倍先散貨
今次冇獨特概念又咁靜,未必可以引到好多散戶,會唔會玩法有d唔同?(炒高之後唔一定散水?甚至唔會炒得太高?)
唔知兩位版友點睇,覺得佢地會點玩?
7 : GS(14)@2010-09-22 22:14:31

6樓提及
4樓提及
3樓提及
2樓提及
唔睇聯交所公告都唔知有隻咁野


我都係睇報紙個新股時間表先知....
況且全配售


80仙至個二,上一次隻寶地股就爆升,今次估下升幾多

湯兄所指的寶地股係咪大陸生命?如果係o既話,上次都叫做有"獨特概念",而且好張揚,全香港人都識咁濟,可以炒高引大量老散入局,之後插返一兩年,等d老散走得7788再做野,而上個月果隻疑似殼股猩謙都有成哥做噱頭,炒高一倍先散貨
今次冇獨特概念又咁靜,未必可以引到好多散戶,會唔會玩法有d唔同?(炒高之後唔一定散水?甚至唔會炒得太高?)
唔知兩位版友點睇,覺得佢地會點玩?


是呀,當然指呢隻,我都之爆完陰陰跌番原位,這個不難猜...

如果是咁樣,我會估是殼
8 : 公仔(1483)@2010-09-23 01:40:19

我未炒過呢D股,不過我見類似的多數1日炒完,之後跌番原位,其實炒呢D係咪要有total loss 既準備?會唔會好難出貨?
9 : teawater(1794)@2010-09-23 02:09:20

8樓提及
我未炒過呢D股,不過我見類似的多數1日炒完,之後跌番原位,其實炒呢D係咪要有total loss 既準備?會唔會好難出貨?


若果你高追就要有心理準備輸10-20格
買少少玩下,不問價直出當然會出到
10 : GS(14)@2010-09-23 12:53:46

9樓提及
8樓提及
我未炒過呢D股,不過我見類似的多數1日炒完,之後跌番原位,其實炒呢D係咪要有total loss 既準備?會唔會好難出貨?


若果你高追就要有心理準備輸10-20格
買少少玩下,不問價直出當然會出到


狠心是必要條件
11 : 公仔(1483)@2010-09-23 17:37:20

我睇過呢D股多數第一日都係大陽燭..除左亞果..
如一開市不是高開得太過份即入,收市前放,應該ok?
還是我想得太容易...哈哈
12 : teawater(1794)@2010-09-23 18:19:42

11樓提及
我睇過呢D股多數第一日都係大陽燭..除左亞果..
如一開市不是高開得太過份即入,收市前放,應該ok?
還是我想得太容易...哈哈


8356就是近期的反例子
13 : 公仔(1483)@2010-09-23 18:58:50

12樓提及
11樓提及
我睇過呢D股多數第一日都係大陽燭..除左亞果..
如一開市不是高開得太過份即入,收市前放,應該ok?
還是我想得太容易...哈哈


8356就是近期的反例子



係呀,佢高開7成太多了,冇水位。我覺得如果8321高開3成或以下就可以玩下。比佢由頭沽到落尾,計佢跌番落完位,最多輸三成,如果唔跌計佢升一倍,博賺50%。不過咁就純粹係賭錢。
14 : teawater(1794)@2010-09-23 19:37:33

yes
D新股第一日追入跟一轉並不難,要走又一定走到
純粹賭錢,勝負都係50/50
小注宜情,執千幾至幾千就算
15 : GS(14)@2010-09-25 08:40:20

14樓提及
yes
D新股第一日追入跟一轉並不難,要走又一定走到
純粹賭錢,勝負都係50/50
小注宜情,執千幾至幾千就算


有得執都好啦
16 : 自動波人(1313)@2010-09-28 21:40:47

http://www.hkexnews.hk/listedco/ ... 1_896934/CWF127.pdf

有點缺水
17 : GS(14)@2010-09-28 21:51:04

明眼人會睇到間公司之前谷得太勁。
18 : fineram(806)@2010-09-28 21:55:34

17樓提及
明眼人會睇到間公司之前谷得太勁。


估唔到唔係上限定價.
似 8296 定 8356 . 明天就知
19 : GS(14)@2010-09-28 21:57:58

18樓提及
17樓提及
明眼人會睇到間公司之前谷得太勁。


估唔到唔係上限定價.
似 8296 定 8356 . 明天就知


可以是我們先會知呢D狗股,之前進業好似上限,8296就唔係,往績看來...
20 : 自動波人(1313)@2010-09-28 22:20:35

19樓提及
18樓提及
17樓提及
明眼人會睇到間公司之前谷得太勁。


估唔到唔係上限定價.
似 8296 定 8356 . 明天就知


可以是我們先會知呢D狗股,之前進業好似上限,8296就唔係,往績看來...


首25名獲配股人.....持股比例極像8296
21 : GS(14)@2010-09-28 22:40:37

20樓提及
19樓提及
18樓提及
17樓提及
明眼人會睇到間公司之前谷得太勁。


估唔到唔係上限定價.
似 8296 定 8356 . 明天就知


可以是我們先會知呢D狗股,之前進業好似上限,8296就唔係,往績看來...


首25名獲配股人.....持股比例極像8296


紅雞必屬(賣殼)佳品
22 : 自動波人(1313)@2010-09-28 23:18:34

21樓提及
20樓提及
19樓提及
18樓提及
17樓提及
明眼人會睇到間公司之前谷得太勁。


估唔到唔係上限定價.
似 8296 定 8356 . 明天就知


可以是我們先會知呢D狗股,之前進業好似上限,8296就唔係,往績看來...


首25名獲配股人.....持股比例極像8296


紅雞必屬(賣殼)佳品


希望阿仔可以擔到大旗

不過聽講佢無老豆咁好脾氣
23 : bigcat(1364)@2010-09-28 23:32:01

我記得 8296 第一日掛牌開 1.1x 高招股價 0.72(60%)

這股概念好像沒有 8296 那麼 "獨特", 明天上市的有碧生源 and 博士蛙, not sure 有幾多錢會流入這股。

不過我今天見到其他討論區都推,話是有機會勁升....... smiley
24 : 自動波人(1313)@2010-09-28 23:36:31

23樓提及

我記得 8296 第一日掛牌開 1.1x 高招股價 0.72(60%)

這股概念好像沒有 8296 那麼 "獨特", 明天上市的有碧生源 and 博士蛙, no sure 有幾多錢會流入這股。

不過我今天見到其他討論區都推,話是有機會勁升....... smiley


咁pk了
25 : GS(14)@2010-09-29 21:15:00

真是唔太好
26 : 自動波人(1313)@2010-09-29 21:45:28

25樓提及
真是唔太好


但見佢模式有點似8296
27 : GS(14)@2010-09-29 21:47:52

26樓提及
25樓提及
真是唔太好


但見佢模式有點似8296


何解?
28 : 自動波人(1313)@2010-09-29 21:52:22

27樓提及
26樓提及
25樓提及
真是唔太好


但見佢模式有點似8296


何解?


成交量好像
不過8296首日升幅較多
29 : BB100(1331)@2010-09-29 21:54:55

我也覺模式很像8296,應未炒完。 明天唔穿1.15,或可以搏搏!
30 : 自動波人(1313)@2010-10-04 19:30:30

開行Turbosmileysmiley
31 : 自動波人(1313)@2010-10-06 21:35:53

個莊好無大志
32 : GS(14)@2010-10-06 22:06:29

31樓提及
個莊好無大志


算啦,無大志更好,等多一年半載玩仲好
33 : 自動波人(1313)@2010-10-06 22:20:42

32樓提及
31樓提及
個莊好無大志


算啦,無大志更好,等多一年半載玩仲好


copy 8296五成都無

唉!
34 : david395(4434)@2010-11-15 20:33:26

http://hk.myblog.yahoo.com/clcheung2010/article?mid=3241

主要從事製造及銷售用於汽車內飾件的無紡布產品。根據不同客戶的特定要求及標準製造不同規格一層或多層非織造纖維的產品。本集團大部分無紡布產品均供應予客戶作進一步加工,以成為不同的汽車內飾件,如汽車主地毯面料、頂蓬面料、座椅面料、衣帽架面料、行李箱蓋毯面料、行李箱側毯面料、輪罩面料及汽車腳踏墊面料,各具不同特點,可應用於汽車的不同用途。

- 截至2010年9月30日止9個月,營業額增加約55.0%至約人民幣85.4百萬元。用於汽車的無紡布汽車主地毯面料56,844,佔銷售66%。

- 核數師:中瑞岳華

- 成立於2003年以江蘇省為基地,財務報表只去到2008年,之前應該是虧蝕。

- 網址:http://joystar.com.hk ,點解係 .hk ? 網頁設計一般核突。

- 毛利率下降中:可能是原材料價格上升有關。

- 經營盈利要調整 ~5.6M 上市費,0.923M 政府補助金。

- 調整後經營溢利率也是下降中。

- 貿易應收款周轉期長,收數有困難。3月時已逾期應收款17M。

- 以銷售增長計,似乎比行業增長為高。

- 第4季是旺季,今年每股盈利應該有 > $0.083 (調整後,200M股計)。

估值

10-15倍P/E,如明年增長15%,目標$1.14-1.43,保守地說,現價購入有風險。

如明年升增長30%,12-18倍P/E,目標$1.29-1.94,則是有點進取,要對此公司有較深了解才有勇氣長線持有。

最好等多1年才考慮長線持有,短線則沒有意見。
35 : GS(14)@2010-11-15 21:10:24

我當是殼,紅雞太多殼好得
36 : GS(14)@2011-03-19 14:22:32

http://www.hkexnews.hk/listedco/ ... LN20110318070_C.pdf
靠特殊收益,應收款驚人
37 : Hierro(1191)@2011-03-19 14:57:03

36樓提及
http://www.hkexnews.hk/listedco/listconews/gem/20110318/GLN20110318070_C.pdf
靠特殊收益,應收款驚人


不是這樣的應收款,就資不抵債,跟住俾auditor話,賣既時候就好難靚價了
38 : hehehaha(4466)@2011-06-15 02:33:20

E隻係我今次跌市輸既主兇....''
今次跌市手上4隻股...本一樣大...今日為止我整體輸13%
E隻佔整體10%= ='估唔到呢...smileysmiley
3隻有2隻1%以下...1隻1.X%= ='
39 : hehehaha(4466)@2011-06-15 02:54:08

本來圖表要我走....係5月頭回落0.9X支大陽但回落返...果時我估會拉多支...好正路入中左...以為冇死= =
再拉出支大陽都回返果時...叫自己一定要走...但見冇咩輸錢...就當睇唔到= ='
無信自己...= ='今年做錯既第一個決定....''希望係最後一個smileysmiley
40 : 鉛筆小生(8153)@2011-06-15 08:14:15

我估可能乾跌去到0.2-0.5

市一大跌, 0.1 都唔奇

貨一早就邊左, 只係開車就難道


外面咁多靚殼
41 : kaipplppl(7299)@2011-06-15 16:31:49

40樓提及
我估可能乾跌去到0.2-0.5 市一大跌, 0.1 都唔奇 貨一早就邊左, 只係開車就難道 外面咁多靚殼

0.1..到時市值2千萬
42 : 鉛筆小生(8153)@2011-06-15 16:48:29

41樓提及
40樓提及
我估可能乾跌去到0.2-0.5 市一大跌, 0.1 都唔奇 貨一早就邊左, 只係開車就難道 外面咁多靚殼

0.1..到時市值2千萬


大跌市(16000-20000), 就一定恐慌地拋
43 : GS(14)@2011-06-15 21:52:10

37樓提及
36樓提及
http://www.hkexnews.hk/listedco/listconews/gem/20110318/GLN20110318070_C.pdf
靠特殊收益,應收款驚人


不是這樣的應收款,就資不抵債,跟住俾auditor話,賣既時候就好難靚價了


唔係咁解的
44 : GS(14)@2011-06-15 21:52:24

一毛錢大家買唔買先?
45 : 鉛筆小生(8153)@2011-06-15 22:19:01

44樓提及
一毛錢大家買唔買先?


看咩市況
46 : Liver7(11517)@2011-06-15 22:26:15

44樓提及
一毛錢大家買唔買先?


到時冇貨買
47 : kaipplppl(7299)@2011-06-16 08:29:41

44樓提及
一毛錢大家買唔買先?

假設發行股數不變,如果跌到0.1夾埋d友好好傾下個殼返黎都好smileysmileysmileysmiley
48 : 鉛筆小生(8153)@2011-06-16 09:42:21

47樓提及
44樓提及
一毛錢大家買唔買先?

假設發行股數不變,如果跌到0.1夾埋d友好好傾下個殼返黎都好smileysmileysmileysmiley


也未必, 0.1 等大家入完再合股+供股
49 : GS(14)@2011-06-16 21:47:55

都是好計
50 : Hierro(1191)@2011-07-01 00:14:22

http://www.hkexnews.hk/listedco/ ... LN20110630150_C.pdf
邪人加入

黃浩然先生(「黃先生」)已獲委任為本公司執行董事、公司秘書及授權代表,自二零一一年六月三十日起生效。黃先生,40歲,畢業於香港理工大學,持有公司管治碩士學位及會計學文學士學位。彼為香港會計師公會會員,亦為特許秘書及行政人員公會及香港特許秘書公會之會員。彼於二零零六年九月至二零一零年十月間在聯交所主板上市公司(寶源控股有限公司)擔任財務總監及公司秘書。彼於會計及公司遵例方面擁有豐富經驗。
51 : GS(14)@2011-07-01 00:33:07

寶源控股有限公司
692...um
52 : CHAUCHAU(1254)@2011-08-20 00:25:56

http://www.hkexnews.hk/listedco/ ... LN20110819020_C.pdf
更換合規顧問
新雄雞走人敦沛補上
53 : CHAUCHAU(1254)@2011-09-09 19:43:25

http://www.hkexnews.hk/listedco/ ... LN20110909018_C.pdf
更換獨立非執行董事、
薪酬委員會成員、
提名委員會成員
及審核委員會主席
54 : CHAUCHAU(1254)@2011-09-09 19:43:52

麥偉豪先生,39歲,畢業於香港科技大學,持有工商管理(金融)學士學位。彼為
英國特許公認會計師公會之資深會員及香港會計師公會之執業會員。彼為執
業會計師,於金融、會計及核數範疇積逾15年經驗。麥先生於二零零五年九月
至二零零九年十一月擔任聯交所主板上市公司江山控股有限公司(股份代號:
295)之公司秘書兼財務總監。彼於過往三年並無於本公司及其附屬公司持有任
何職位,亦無於任何公眾上市公司擔任任何董事職務。
55 : Hierro(1191)@2011-09-09 19:50:36

54樓提及
麥偉豪先生,39歲,畢業於香港科技大學,持有工商管理(金融)學士學位。彼為
英國特許公認會計師公會之資深會員及香港會計師公會之執業會員。彼為執
業會計師,於金融、會計及核數範疇積逾15年經驗。麥先生於二零零五年九月
至二零零九年十一月擔任聯交所主板上市公司江山控股有限公司(股份代號:
295)之公司秘書兼財務總監。彼於過往三年並無於本公司及其附屬公司持有任
何職位,亦無於任何公眾上市公司擔任任何董事職務。



56 : GS(14)@2011-09-10 09:33:47

就快有野睇
57 : 鉛筆小生(8153)@2011-09-10 11:30:50

市值  5.60千萬
每股淨值  0.509


貨一直都乾, 但仲未夠吸引
58 : GS(14)@2011-09-10 11:36:42

另外一隻8193都跌得勁
59 : 鉛筆小生(8153)@2011-09-10 11:44:10

呢D 股0.0X 先可以買"少少"等, 反正佢地隨時合股供股
小心來一支有成交既陽燭, 請君入"X"
60 : 八旗子弟(15368)@2011-09-10 21:13:55

向下炒
61 : GS(14)@2011-09-11 13:44:07

60樓提及
向下炒


又唔一定的,雖然人真是有點恐怖
62 : Hierro(1191)@2011-09-11 18:31:05

見到d 人咁邪,玩少隻
63 : GS(14)@2011-09-11 20:04:43

我見兩個就要響
64 : GS(14)@2011-09-11 20:04:58

但是我覺得似789咁,點都炒一下,然後慢慢散
65 : 拔刺者(4132)@2011-09-21 18:13:06

http://www.hkexnews.hk/listedco/ ... LN20110921004_C.pdf

無良僱主唔出糧?
66 : fineram(806)@2011-09-21 19:59:55

內鬥 ? 股票大忌.
67 : fineram(806)@2011-09-21 20:00:31

http://www.hkexnews.hk/listedco/ ... LN20110921010_C.pdf

動 議 罷 免 黃 小 紅 女 士 作 為 本 公 司 執 行 董 事 之 職 務
68 : 龍生(798)@2011-09-21 20:10:53

莊先生於二零一一年九月十六日舉行之董事會會議上告知董事會,彼發出請
求書之原因為黃女士與莊先生在管理本公司之事務上出現嚴重分歧。黃女士未能
透過具建設性之磋商嘗試解決分歧。此外,基於本公司內部營運資金分配暫時出
現問題,故於二零一一年七月之所有董事酬金延期支付。黃女士非但不理解公司
狀況,而且透過彼之律師向本公司作出法定要求,要求在三個星期內支付彼之酬
金,否則彼將提出呈請將本公司清盤。莊先生認為黃女士之行動並不符合本公司
最佳利益,亦不能勝任為本公司董事。
69 : 龍生(798)@2011-09-21 20:10:59

呢段先堅
70 : 龍生(798)@2011-09-21 20:11:38

似乎缺水得好緊要, 非常非常緊要個隻咁喎
71 : hsts(1521)@2011-09-21 20:34:13

無錢仲去酒店開大會smiley
72 : fineram(806)@2011-09-21 21:32:19

絶對係股價比公告走得前既股.

差唔多係上年配售價既 1/4
73 : Hierro(1191)@2011-09-21 21:42:20

相信很多人買了它等賣殼
真替他們擔心
74 : Hierro(1191)@2011-09-21 21:42:42

72樓提及
絶對係股價比公告走得前既股.

差唔多係上年配售價既 1/4



冇止蝕就慘了
75 : GS(14)@2011-09-21 21:59:21

細注買都好彩D,大注就死直,難怪間公司暴跌
76 : 龍生(798)@2011-09-21 22:10:57

這次我能躲掉, 全因我實在比這公司更缺水....真是好運
77 : Hierro(1191)@2011-09-21 22:11:34

75樓提及
細注買都好彩D,大注就死直,難怪間公司暴跌



終於水落石出
有貨好走
78 : 龍生(798)@2011-09-21 22:12:25

不如大家一起來猜想最後會點丫?
79 : Hierro(1191)@2011-09-21 22:12:30

76樓提及
這次我能躲掉, 全因我實在比這公司更缺水....真是好運



係啦係啦
亂咁買的後果是死得很慘
這些股真不是人玩的
80 : Hierro(1191)@2011-09-21 22:12:50

78樓提及
不如大家一起來猜想最後會點丫?



長期停牌玩完
81 : hsts(1521)@2011-09-21 22:14:02

80樓提及
78樓提及
不如大家一起來猜想最後會點丫?
長期停牌玩完


清盤
82 : GS(14)@2011-09-21 22:14:58

又唔會玩完的..應該有人救,但咁爆法實在太快
83 : Hierro(1191)@2011-09-21 22:16:27

82樓提及
又唔會玩完的..應該有人救,但咁爆法實在太快



間野似乎有其它問題
總之極不樂觀
若我有貨的話,不問價走
84 : GS(14)@2011-09-21 22:22:27

我都建議走先
85 : CHAUCHAU(1254)@2011-10-11 16:48:48

http://www.hkexnews.hk/listedco/ ... LN20111010034_C.pdf
罷免董事,更換監察主任及授權代表
根據股東特別大會通過之普通決議案,黃小紅女士(「黃女士」)已被罷免作為本公司執行董事之職務,由二零一一年十月十日起生效(「該罷免」)。由於該罷免,黃女士不再為本公司監察主任及授權代表,由二零一一年十月十日起生效。
董事會亦藉此機會宣佈委任本公司之執行董事黃浩然先生為本公司之新監察主任,由二零一一年十月十日起生效;及委任本公司之主席及執行董事莊躍進先生為本公司之新授權代表,由二零一一年十月十日起生效。
86 : GS(14)@2011-10-17 23:14:14

http://www.hkexnews.hk/listedco/ ... LN20111017036_C.pdf
批4,000萬股@25仙,不知名公司,向下炒?
87 : Hierro(1191)@2011-10-18 00:40:48

真大獲
88 : RY(2041)@2011-10-18 00:54:08

commission 10%....非常唔樂觀
89 : 鉛筆小生(8153)@2011-10-18 07:39:02

要死之前, 點都會抽一獲甘既
90 : Hierro(1191)@2011-10-18 11:21:46

86樓提及
http://www.hkexnews.hk/listedco/listconews/gem/20111017/GLN20111017036_C.pdf
批4,000萬股@25仙,不知名公司,向下炒?


是不是這一間?

http://redfordholdings.com/structure.htm

若是的話,即係同鄧生有關:

http://realblog.zkiz.com/greatsoup38/3014
91 : GS(14)@2011-10-18 22:13:12

http://www.sfc.hk/sfcprd/eng/pr/ ... =AVP731&applNo=0001
的確是呢間,但轉了工

http://orientaldaily.on.cc/cnt/finance/20110305/00271_001.html
好似喺上月小登科嘅鄧聲興就雙喜臨門,由泓福資產管理跳槽到長實(00001)旗下嘅AMTD擔任證券業務部總經理。

http://uat.finet.hk/mainsite/research/MKTEXP/0/0/17/
鄧聲興
AMTD證券業務部總經理

鄧聲興現為AMTD證券業務部總經理。鄧先生是香港股票市場上著名的投資分析評論員,又是香港專業財經分析及評論家協會副主席及多份報章的專欄作家和電台財經節目主持人。鄧先生擁有澳洲Edith Cowan University 金融及財務管理學位及東亞大學副學士學位。現為北京中國人民大學博士研究生,研究方向為現代證券投資理論。 1995年成為澳洲銀行及財務公會高級會員。 鄧先生於1997-2000年曾擔任香港大學校外進修學院證券分析課程導師。現時為香港理工大學專業進修學院及香港持續教育書院導師。
92 : Hierro(1191)@2011-11-04 01:39:45

http://realblog.zkiz.com/Hierro/28890
中國汽車內飾(8321.HK)---向下炒?
93 : greatsoup38(830)@2012-03-17 16:04:21

http://www.hkexnews.hk/listedco/ ... LN20120316073_C.pdf
終於學壞

本公司董事會(「董事會」)欣然宣佈,於二零一二年三月十六日(交易時段後),
本公司全資附屬公司Link Excellent Limited(「買方」)與Garretson Limited(「賣方」)訂
立無法律約束力之諒解備忘錄(「諒解備忘錄」),據此,買方有意收購而賣方有
意出售Accord Sky Limited(「目標公司」)100%已發行股本,而目標公司主要從事製
造及銷售「Capella」品牌嬰兒車。上述可能交易稱為「可能收購」。

可能收購之代價須待買方完成盡職審查後由賣方與買方磋商及協議後,方可作實。根據諒解備忘錄,賣方及買方將於諒解備忘錄日期後三個月之獨家期間內就
可能收購之正式協議(「正式協議」)條款進行真誠磋商。考慮到其獨家性質,買方同意向賣方支付誠意金1,000,000港元(「誠意金」)。誠意金須於賣方接獲買方有關其不擬進行可能收購之決定之書面通知後五個營業日內退還買方,或倘賣方及買方訂立正式協議,則該誠意金將用於買方就可能收購應付賣方之部分代價。
除上述披露之事宜外,訂立諒解備忘錄並不構成訂約各方就可能收購作出具法律約束力之承諾。
94 : CHAUCHAU(1254)@2012-03-17 17:20:13

「Capella」品牌嬰兒車喺香港市場頗受歡迎

ps.(並沒持股)
95 : greatsoup38(830)@2012-03-17 17:24:13

94樓提及
「Capella」品牌嬰兒車喺香港市場頗受歡迎

ps.(並沒持股)


你有用?
96 : CHAUCHAU(1254)@2012-03-17 17:29:20

早前要買車留意過,另見街上亦多人用
97 : greatsoup38(830)@2012-03-17 17:30:37

96樓提及
早前要買車留意過,另見街上亦多人用


真是無點留意
98 : CHAUCHAU(1254)@2012-03-17 17:33:43

97樓提及
96樓提及
早前要買車留意過,另見街上亦多人用


真是無點留意


未到個階段點會去留意,但肯定品牌係堅,千幾蚊一部
99 : 鉛筆小生(8153)@2012-03-18 11:37:03

不堅也很難上, 就算雙樺也堅
100 : greatsoup38(830)@2012-03-18 11:50:44

關係就入tag就得,免得標題太長
101 : 自動波人(1313)@2012-03-18 15:35:06

勁,由造車轉造嬰兒車

不過概念似乎遲了!
102 : danieldanielkoo(19748)@2012-03-22 14:01:11

呢間野個巿值好細....會點玩呢?
Capella bb車見過...但好似唔見佢有網站...會唔會都係D local brand?
103 : 龍生(798)@2012-03-22 16:16:20

佢個慨念好奇特, 又吹唔響, 又唔夠特別, 仲要係正行生意

但偏偏又唔似真做

個價抽起少少又擲番散

都唔知佢想點
104 : GS(14)@2012-03-22 22:14:32

102樓提及
呢間野個巿值好細....會點玩呢?
Capella bb車見過...但好似唔見佢有網站...會唔會都係D local brand?


http://www.capella.co.kr/
韓國貨
105 : GS(14)@2012-03-22 22:14:40

103樓提及
佢個慨念好奇特, 又吹唔響, 又唔夠特別, 仲要係正行生意

但偏偏又唔似真做

個價抽起少少又擲番散

都唔知佢想點


就是唔知囉
106 : 龍生(798)@2012-03-22 23:32:35

看不通就忍忍手, 就是了
107 : GS(14)@2012-03-25 10:35:43

http://www.hkexnews.hk/listedco/ ... LN20120323173_C.pdf
即刻玩野,2供1@10仙...唉,看來又給那班人才把持了
108 : GS(14)@2012-03-25 10:35:53

明日系相關人士
109 : GS(14)@2012-03-25 10:36:06

包銷商︰ 敦沛融資有限公司
110 : GS(14)@2012-03-25 10:36:26

今次是不用股東大會通過
111 : GS(14)@2012-03-25 10:36:41

更改每手買賣單位
股份現時之每手買賣單位為每手4,000股股份,而每手買賣單位之市值為1,240
港元(根據股份於最後交易日在聯交所所報之收市價每股0.310港元計算)。為增
加股份每手買賣單位之價值使其不低於2,000港元,以及為降低股東及本公司
投資者所產生之交易及登記成本,董事會建議將股份之每手買賣單位由4,000
股股份更改為12,000股股份,由二零一二年五月十五日(星期二)起生效。
根據股份之理論除權價(參考最後交易日之收市價0.310港元)計算,新每手買賣
單位之價值預期為2,880港元。更改每手買賣單位不會令股東之相關權利出現
任何改變。董事會認為更改每手買賣單位符合本公司及其股東之整體利益。
112 : Hierro(1191)@2012-03-27 23:05:33

小弟的最新文章:

一如所料,供股了!---中國汽車內飾(8321.HK)
http://realblog.zkiz.com/Hierro/32192
113 : GS(14)@2012-03-28 00:05:36

112樓提及
小弟的最新文章:

一如所料,供股了!---中國汽車內飾(8321.HK)
http://realblog.zkiz.com/Hierro/32192


都是咁啦
114 : 鉛筆小生(8153)@2012-03-28 00:14:50

40樓提及
我估可能乾跌去到0.2-0.5

市一大跌, 0.1 都唔奇

貨一早就邊左, 只係開車就難道


外面咁多靚殼



還未見0.1, 又錯了
115 : GS(14)@2012-03-28 00:15:13

114樓提及
40樓提及
我估可能乾跌去到0.2-0.5

市一大跌, 0.1 都唔奇

貨一早就邊左, 只係開車就難道


外面咁多靚殼



還未見0.1, 又錯了


0.01 都有機
116 : Hierro(1191)@2012-03-28 00:18:26

114樓提及
40樓提及
我估可能乾跌去到0.2-0.5

市一大跌, 0.1 都唔奇

貨一早就邊左, 只係開車就難道


外面咁多靚殼



還未見0.1, 又錯了



這隻d 貨明顯不是「邊」啦...
117 : GS(14)@2012-03-28 00:19:01

是邊了,但是d行散D
118 : Hierro(1191)@2012-03-28 00:19:51

117樓提及
是邊了,但是d行散D



我的看法和你相反
再者,某人不斷在沽沽沽
119 : Hierro(1191)@2012-03-28 00:21:02

這股的走勢跟那個人肯定有密切關係
120 : GS(14)@2012-03-28 00:26:24

119樓提及
這股的走勢跟那個人肯定有密切關係


所以咪話好集中囉
121 : Hierro(1191)@2012-07-05 22:28:01

http://www.hkexnews.hk/listedco/ ... LN20120705067_C.pdf

再供,都是0.1,但這次1供2,邊個跟邊個死!
122 : GS(14)@2012-07-05 22:33:40

每手股數加大3倍...唉
123 : fineram(806)@2012-07-05 22:49:55

好變態呀。供完無幾耐。多多錢都死
124 : iniesta(1400)@2012-07-07 00:39:05

其實呢D股冇買既點解要咁肉緊?
125 : fineram(806)@2012-07-07 08:55:32

124樓提及
其實呢D股冇買既點解要咁肉緊?


肉緊d會投入d.
126 : Hierro(1191)@2012-07-07 09:58:13

我無賭波,但睇波一樣好肉緊
127 : GS(14)@2012-07-07 14:59:20

我都幾喜歡研究呢
128 : RY(2041)@2012-07-07 16:05:37

今次如果多人供,幾千嗰就袋袋平安,每年供返一次半次仲好過賣殼炒股

結論係,算吧啦
129 : GS(14)@2012-07-07 16:06:34

128樓提及
今次如果多人供,幾千嗰就袋袋平安,每年供返一次半次仲好過賣殼炒股
結論係,算吧啦



買D野就出晒數啦,自己買就向下炒,炒夠又供
130 : Hierro(1191)@2012-07-07 23:56:29

人地都講到明買bb車啦,太賤啦,肯定唔夠佢地玩,所以...
131 : GS(14)@2012-07-07 23:56:47

130樓提及
人地都講到明買bb車啦,太賤啦,肯定唔夠佢地玩,所以...


我們可以投降
132 : Hierro(1191)@2012-07-08 00:09:08

131樓提及
130樓提及
人地都講到明買bb車啦,太賤啦,肯定唔夠佢地玩,所以...

我們可以投降



或者我地呢到有死士呢?哈哈

沖完涼回來再吹
133 : sunshine(3090)@2012-07-08 17:22:30

啱啱買,我就係死士之一,唔抽上去就唔供。
134 : GS(14)@2012-08-15 15:59:05

http://www.hkexnews.hk/listedco/ ... LN20120814223_C.pdf
上半年盈利跌10%,至260萬,第2季跌一半,至220萬
135 : GS(14)@2012-08-15 16:00:55

存貨14,723 13,806
貿易應收款項11 61,395 60,109
應收票據– 3,400
預付款項、按金及其他應收款項20,662 15,258

...
前景
根據中國汽車工業協會公佈的數據,截至二零一二年七月三十一日止七個月,
乘用車的生產及銷售分別約為8,785,000台及8,735,000台,相當於約8.5% 及7.5% 的
增長。在中國個人收入不斷增長下,本集團預期中國的乘用車生產及銷售於二
零一二年將繼續錄得穩定增長。
為保持穩步發展,本集團將不斷投放資源於:
1) 改善生產線,以擴大生產力;
2) 安裝新機器,以迎合客戶對高端產品不停轉變的需要及需求;
3) 進行研發,以在有關產品規格的最新技術趨勢上與時並進;
4) 加快推出新產品,以擴大市場佔有率及擴闊於中國的市場覆蓋率;及
5) 加強質量監控系統,以確保顧客繼續支持及鞏固本集團於中國無紡布產
品行業的口碑。
展望未來,為實現更豐厚回報及加強本集團的擴充,本集團將物色有潛力的投
資商機,務求多元化發展其業務範圍。
136 : 自動波人(1313)@2012-10-17 19:37:26

成立合營公司

http://www.hkexnews.hk/listedco/ ... LN20121017021_C.pdf

本公司董事會(「董事會」)欣然宣佈,於二零一二年十月十七日,本公司之全資附屬公司怡星
(無錫)汽車內飾件有限公司(「怡星無錫」)與株式會社三興(「三興」)訂立合營協議(「合營協
議」),以成立合營公司(「合營公司」),在中國從事生產及銷售用於汽車之聚酯短纖維。合營
協議之主要條款概述如下:
合營協議
日期: 二零一二年十月十七日
訂約方: (a) 怡星無錫;及
(b) 三興
合營公司之建議名稱: 楊州三興化纖有限公司,須經地方工商登記主管部門批准

合營公司之註冊資本: 合營公司之總註冊資本將為2,500,000 美元(相等於約19,380,000
港元),其中怡星無錫須出資1,000,000 美元(相等於約7,750,000
港元), 佔合營公司總註冊資本之40%, 而三興須出資
1,500,000 美元(相等於約11,630,000 港元),佔合營公司總註冊
資本之60%。訂約方須於地方工商登記主管部門出具營業執照
後三個月內以現金出資。
業務範圍: 合營公司之業務範圍為在中國生產及銷售用於汽車之聚酯短纖
維。
董事會組成: 合營公司之董事會須由五名董事組成,其中兩名董事由怡星無
錫提名,三名董事由三興提名。主席由三興提名,副主席則由
怡星無錫提名。

資金來源
董事會擬從本公司及其附屬公司(「本集團」)之內部資源撥付向合營公司作出權益出資所需之
資金。
三興之背景
三興為於韓國成立之公司,從事生產用於汽車╱工業內飾地氈及無紡地工織布之膨體連續長
絲紗及短纖維。就本公司董事在作出一切合理查詢後所深知,三興及其最終實益擁有人均為
獨立於本公司或其任何附屬公司之董事、主要行政人員或主要股東或任何彼等各自之聯繫人
士(定義見香港聯合交易所有限公司創業板證券上市規則(「創業板上市規則」))之第三方,且
與上述各方概無關連。

成立合營公司之理由
本集團主要從事製造及銷售用於汽車內飾件之無紡布產品。本集團亦接受買賣無紡布產品之
銷售訂單。本集團之生產需要聚酯短纖維以生產無紡布。董事會相信,與三興成立合營公
司,將使本集團可確保原料供應及橫向加快本集團之生產擴充計劃,以應付客戶之需求。
137 : lam(884)@2012-10-17 20:33:33

又想炒多轉?人多擠迫都係時候講88啦......
138 : CHAUCHAU(1254)@2012-10-17 20:38:57

137樓提及
又想炒多轉?人多擠迫都係時候講88啦......
E,乜你唔係上次周生出文話清貨咩?
139 : lam(884)@2012-10-17 20:44:03

138樓提及
137樓提及
又想炒多轉?人多擠迫都係時候講88啦......
E,乜你唔係上次周生出文話清貨咩?

真亦假時假亦真!越無人玩既越吸引......8212許又係一個好例子,但個個睇好真係村長個女----你愛
140 : fineram(806)@2012-10-17 21:56:16

139樓提及
138樓提及
137樓提及
又想炒多轉?人多擠迫都係時候講88啦......
E,乜你唔係上次周生出文話清貨咩?

真亦假時假亦真!越無人玩既越吸引......8212許又係一個好例子,但個個睇好真係村長個女----你愛


村長叫李愛呀....同個女無關
141 : GS(14)@2012-10-17 23:34:49

139樓提及
138樓提及
137樓提及
又想炒多轉?人多擠迫都係時候講88啦......
E,乜你唔係上次周生出文話清貨咩?

真亦假時假亦真!越無人玩既越吸引......8212許又係一個好例子,但個個睇好真係村長個女----你愛


真是個圖假成咁...



142 : GS(14)@2012-10-17 23:35:07

140樓提及
139樓提及
138樓提及
137樓提及
又想炒多轉?人多擠迫都係時候講88啦......
E,乜你唔係上次周生出文話清貨咩?

真亦假時假亦真!越無人玩既越吸引......8212許又係一個好例子,但個個睇好真係村長個女----你愛

村長叫李愛呀....同個女無關

資料
143 : CHAUCHAU(1254)@2012-11-24 03:28:56

http://www.hkexnews.hk/listedco/ ... LN20121123024_C.pdf
董事會欣然宣佈,本公司已於二零一二年十一月二十三日向聯交所遞交正式申請,以根據
創業板上市規則及主板上市規則的相關條文轉板。轉板將不涉及本公司發行任何新股份。
144 : greatsoup38(830)@2012-11-24 10:13:31

唔怪之得...

呢排好多隻都是咁,唔通...
145 : lam(884)@2012-11-25 09:26:08

唔通咩?
146 : GS(14)@2013-01-24 01:23:03

http://www.hkexnews.hk/listedco/ ... LN20130123054_C.pdf
本公司董事會(「董事會」)謹此知會本公司股東及準投資者,根據本集團截至二零一二年
十二月三十一日止年度的未經審核管理賬目的初步審閱,預期本集團截至二零一二年十二月
三十一日止年度的溢利會較截至二零一一年十二月三十一日止年度者將錄得顯著跌幅。該虧
損主要歸因於日益上漲的原材料成本導致截至二零一二年十二月三十一日止年度的毛利率有
所下跌所致。
除上述者外,董事會認為本集團的整體財務狀況及業務營運仍約持強健穩定。
147 : 自動波人(1313)@2013-03-01 22:13:35

申請轉主板
148 : CHAUCHAU(1254)@2013-03-02 11:37:50

波人攪錯左,通告係駁回申請,轉主板失敗
149 : greatsoup38(830)@2013-03-02 12:09:57

148樓提及
波人攪錯左,通告係駁回申請,轉主板失敗


無可持續發展的業務
150 : 自動波人(1313)@2013-03-02 15:32:41

噢...是的是的!
151 : greatsoup38(830)@2013-03-06 01:14:55

死心不息
152 : qt(2571)@2013-03-30 00:44:48

年報
153 : qt(2571)@2013-03-30 00:45:02

年度業績
154 : greatsoup38(830)@2013-03-30 22:46:35

盈利降67%,至600萬,5,100萬現金
155 : greatsoup38(830)@2013-03-31 19:51:03

向8037 買橡膠業務
156 : greatsoup38(830)@2013-03-31 19:51:19

8321 版本
157 : greatsoup38(830)@2013-04-06 22:28:55

http://www.hkexnews.hk/listedco/ ... LN20130319098_C.pdf
8321 不能轉主板
158 : greatsoup38(830)@2013-05-11 17:50:15

盈喜
159 : 自動波人(1313)@2013-05-15 23:10:00

印股買垃圾
160 : greatsoup38(830)@2013-05-16 00:25:44

又用人頭種債
161 : greatsoup38(830)@2013-05-21 13:00:15

哈哈
162 : greatsoup38(830)@2013-06-01 22:20:28

oil
163 : greatsoup38(830)@2013-08-15 00:52:29

8321
3個月盈利降50%,至100萬,6個月盈利降9成,至20萬,輕債,又做trading
164 : iniesta(1400)@2013-08-22 02:51:29

有個新非執董,人工5000
sorry 用手機,冇link....
165 : greatsoup38(830)@2013-08-22 23:04:40

164樓提及
有個新非執董,人工5000
sorry 用手機,冇link....


多份兼職,幾好
166 : greatsoup38(830)@2013-10-04 00:56:09

變相拆細,36,000股變1萬股一手
167 : greatsoup38(830)@2013-10-04 00:56:25

盈喜
168 : kirinb(42375)@2013-10-07 09:36:53

又升20%
169 : kennyice(39871)@2013-10-07 16:29:11

做乜事咁勁?
170 : GS(14)@2013-10-07 22:43:17

169樓提及
做乜事咁勁?


盈喜,呢隻股神奇,1蚊跌到10仙,又變番1蚊
171 : 老占(1472)@2013-10-07 23:56:26

170樓提及
169樓提及
做乜事咁勁?


盈喜,呢隻股神奇,1蚊跌到10仙,又變番1蚊


供股> 再供股> 再拆細
172 : greatsoup38(830)@2013-11-19 23:52:35

唔搞
173 : greatsoup38(830)@2014-01-02 00:38:04

反訊號
174 : GS(14)@2014-02-23 12:46:04

8321

盈利增2倍,至1,800萬,1,700萬現金
175 : GS(14)@2014-02-26 01:15:22

仲評估緊
176 : GS(14)@2014-03-18 00:30:52

轉主板
177 : apeapeho(46372)@2014-03-21 17:29:31

greatsoup176樓提及
轉主板


大機會轉到嗎?
178 : greatsoup38(830)@2014-03-22 19:30:25

機會一般
179 : apeapeho(46372)@2014-03-24 10:28:15

greatsoup38178樓提及
機會一般


幾時有消息ar?
180 : greatsoup38(830)@2014-03-24 23:33:47

3個內唔得就叫失敗
181 : greatsoup38(830)@2014-03-25 23:40:31

有乜都唔玩啦
182 : apeapeho(46372)@2014-04-01 15:04:04

由0.88跌到呢家都未彈過!!玩边科啊
183 : GS(14)@2014-04-01 23:51:58

隻股炒起咁多,算啦
184 : VA(33206)@2014-04-09 22:37:51

梅偉琛 智通財技:問與答 (二十三)
12:42  
問 : (ST) 你如何看中國汽車內飾(8321)? Leon答:ST,你好。中國汽車內飾(8321) 正向聯交所提交轉主板上市申請,這兩年創業板轉主板的申請審批尚算可以,只要符合轉主板的條件,一般都能成功轉板。轉板後可享受殼價的提升,但中國汽車內飾現時市值五億元,似已反映轉板效應。 (利益申報:執筆時,筆者或相關人士,並沒持有上述股票)
185 : GS(14)@2014-05-02 09:27:15

盈警
186 : i3wai(51130)@2014-06-22 22:41:14

今次好似幾大機轉到
睇佢呢3年profit都過到profit test

但又六月尾都未公布
187 : greatsoup38(830)@2014-06-22 23:29:13

i3wai186樓提及
今次好似幾大機轉到
睇佢呢3年profit都過到profit test

但又六月尾都未公布


他d盈利有些問題
188 : GS(14)@2014-07-14 23:16:46

盈喜
189 : stockreal123(51904)@2014-07-29 21:28:49

yes
190 : GS(14)@2014-08-16 21:41:20

轉主板,編號48
191 : GS(14)@2014-09-18 09:49:16

place 230m shares@0.38
192 : ninomiyau(41302)@2015-01-18 13:12:13

隻嘢係咪向下炒緊?
193 : greatsoup38(830)@2015-01-18 14:57:30

機會都幾大
194 : ninomiyau(41302)@2015-03-19 03:28:23

散戶又係果句,輸完又嚟賭過...
195 : greatsoup38(830)@2015-03-20 00:38:07

唔玩就得,不好的是報紙推
196 : greatsoup38(830)@2015-09-28 23:12:06

http://webb-site.com/articles/trouble2015.asp
Bubbles and troubles in Hong Kong
24th September 2015

As readers may recall, last year, Lerado Group (Holding) Co Ltd (Lerado, 1225) announced the proposed sale of its core business of baby strollers and infant car seats to Canadian listed firm Dorel Industries Inc (Dorel) for HK$930m. Lerado was planning to squat on most of the cash proceeds and only pay out $0.30 per share, or $228m. For this reason, we opposed the sale, because of concern that Lerado would become a cash shell trading at a discount to its net asset value. Your editor, David Webb, is a disclosed substantial shareholder currently holding over 8%. However, the sale was approved by shareholders on 16-Sep-2014 and completed on 31-Oct-2014.

Our concerns have now proven justified, culminating in current egregious proposals not just by Lerado but by other listed companies. We hope to stop them, if the regulators will require certain parties to play fairer. This article is long and complicated, and we thought about breaking it into pieces, but the picture becomes clearer if you assemble the whole jigsaw, so here it is. Apart from Lerado, this article covers transactions by numerous other listed companies in which you may have an interest, and several billion US dollars of bubbles.

So pour yourself a large coffee and let's get started.
Lerado share movements

The first sign of movement in Lerado came on 25-Nov-2014. Intelligence Hong Kong Group Ltd (IHK) is a company owned 68.27% by Lerado Chairman Henry Huang Ying Yuan (Mr Huang) and 31.73% by his wife, Jamy Huang Chen Li Chu. IHK owns 148,353,540 shares which was 19.50% of Lerado at 31-Dec-2014, before the recent dilutions. On 25-Nov-2014, our system shows those shares moving from CTBC Asia Ltd (the local subsidiary of a Taiwan bank) where they had rested since 30-Dec-2009, to Convoy Investment Services Ltd (Convoy IS), the brokerage sister of Convoy Financial Holdings Ltd (Convoy FH, 1019). Convoy IS is in the process of trying to list on the GEM in the form of CIS Holdings Ltd, which filed an application proof on 23-Mar-2015, sponsored by Quam Capital Ltd.

There can be any number of reasons for such transfers, but one possibility is that the shares are security for a loan. Banks and brokers are exempt from disclosing security interests in shares pledged to them. It wouldn't be so worrying were it not for the fact that Mark Mak Kwong Yiu (Mr Mak), CEO of Convoy FH and a director of Convoy IS, is also claimed to be an INED of Lerado since 25-Apr-2014. Mr Mak joined Convoy as CFO in 2002.

You may recall that in Some bubbles for New Year (31-Dec-2014) we warned about a bubble then called Finsoft Corporation (Finsoft, 8018), which was then trading at $1.235 (adjusted for the subsequent 2:1 split), with a market value of HK$4.94bn, or 110 times its net asset value. Convoy FH owned over 5% of Finsoft. The stock didn't stop there though. It reached a high of $2.92 on 20-May-2015, when Finsoft was valued at HK$11.68bn. Since then, it has crashed 94.8% to its close on Wednesday (23-Sep-2015) at $0.139, down a net 88.7% since our article. Finsoften aren't what they seem.

The Finsoft bubble allowed Convoy FH to book unrealised gains of HK$238.4m for 2014. It sold 40m shares (2%) of Finsoft on 20-Jan-2015 for about $73.5m (split-adjusted: $0.919 per share) and went below the 5% disclosure threshold. The sale was purportedly on-market but it was far larger than market volume that day of 1.925m shares so the disclosure must be wrong.

Returning to Lerado, another large chunk of 96,805,800 shares (12.71% at 31-Dec-2014) was held by Hwa Foo Investment Ltd (Hwa Foo), 30% controlled by Patrick Chen Chun Chieh (Mr Chen), an Executive Director and the son of the late co-founder of Lerado, and 70% by his mother. He joined the board on 3-Apr-2008 following his father's death on 14-Feb-2008. On 8-Sep-2014 those shares moved from HSBC (where they had rested since 27-Jun-2007) to UBS Securities HK Ltd , and then, more interestingly, they moved to small broker Win Fung Securities Ltd (Win Fung) on 9-Dec-2014, two weeks after IHK's holding moved to Convoy IS. So the Huangs and the Chens had moved custody of 32.21% of Lerado after leaving it untouched for years. More on Win Fung below.
Dispute with Dorel

First let's mention that on 10-Feb-2015, Lerado announced that it was in dispute with Dorel over the final net asset value of the business, which may lead to a partial repayment of the purchase price, in an unspecified "significant" amount.

On 27-Mar-2015, Lerado announced that it could not reach agreement with Dorel, so under the terms of the sale they had agreed to go to arbitration with an independent accountant, not yet appointed. In the 2014 annual results announcement on 30-Mar-2015, Lerado revealed that the disputed amount was HK$307m, which accordingly had been booked as a liability in the balance sheet. Still, Lerado ended 2014 with cash of $797m or HK$1.048 per share and no bank borrowings. The disputed amount was about $0.404 per share, so even if they have to pay all of that back, there would have been $0.644 per share of cash, and net assets of $633m or $0.832 per share.

On 20-Jul-2015, Lerado announced that it and Dorel had appointed RSM Nelson Wheeler as the independent accountant to determine the disputed items. Two months later, the result has not yet been announced. If Lerado were to win all of it, then the pro forma net asset value at 31-Dec-2014 increases to $1.236 per share.
Lerado swaps shares for property from CIFG

The day after the results, 31-Mar-2015, Lerado announced the acquisition of a property in Guangzhou from China Investment and Finance Group Ltd (CIFG, 1126) for HK$39m, but despite being flush with cash, only HK$1m was payable in cash and the rest in 76m new Lerado shares (9.49% of then existing shares) issued under the general mandate at $0.50 each, again a discount to cash and NAV per share.

The intended use of the property is as premises for the residual business of Lerado, which is mainly mobility scooters for the elderly and disabled, or what it calls "medical products". However, even if intended use of the property sounds plausible, the issue of shares at a discount to net cash and NAV was entirely inappropriate. The deal completed on 17-Apr-2015, giving CIFG a 8.59% stake in Lerado. Our system shows that CIFG deposited the shares into CCASS with Astrum Capital Management Ltd (Astrum) on 5-May-2015.

CIFG is not a regular listed company, but is a closed-end investment company listed under Chapter 21. This prohibits taking controlling positions (over 30%) in companies, and requires it to adhere to its stated investment restrictions. We asked the Stock Exchange why CIFG was allowed to invest in property in the first place. The result was this "clarification announcement" on 7-Aug-2015, admitting that investment properties were outside the scope of CIFG's Investment Policy and blaming it on the former Chairman and Vice Chairman. They had been removed by the Board on 14-Sep-2012, 6 months after becoming uncontactable.
Lerado begins money-lending and stockbroking

The "Prospects" section of Lerado's 2014 results indicated a new direction. The board had "concrete financial knowledge and background" and had decided to diversify into "securities trading, money lending business and other financial and property investment." It revealed that on 23-Feb-2015, Lerado had agreed to buy an unnamed target company, for HK$1.6m plus its net asset value. The target was a securities broker and planned to engage in margin financing business after the acquisition was completed. On 17-Apr-2015, Lerado announced that it would reallocate HK$300m of its cash pile for these activities.

On 2-Jul-2015 Lerado announced the name of the target, Yim Cheong Share Broking and Investment Co Ltd, and that the acquisition was completed that day. This was then renamed Black Marble Securities Ltd (Black Marble Securities), and Lerado intended to pump HK$200m into it. This small, nearly-dormant broker at that point had a minimal two licensed staff and minimal holdings in its CCASS account shown here.

Policy note: This highlights a defect in the Listing Rules: if you make a "Major Acquisition" (over 25% of your total assets), then you need shareholders' approval, but if you buy or establish a small company and then pump your funds into this new line of business, then this is completely exempt, even though shareholders are exposed to very new and different risks.

Lerado had also established BlackMarble Capital Ltd, incorporated 28-Jan-2015, a licensed money-lender. The application was gazetted on 27-Feb-2015 and the license was granted on 22-May-2015.
Lerado option grants

On 12-Feb-2015, Lerado granted options over 75m new shares (equivalent to 9.86% of the existing shares), of which half went to an unspecified number of employees, and half to "5 consultants". The options were exercisable for 2 years at $0.592 per share. It makes no sense whatever to be granting options which exercise at less than net cash per share, and much less than NAV per share, diluting both. Staff could have been incentivised with a restricted share purchase scheme to use the company's cash to buy stock in the market, which closed at $0.58 on the date of the option grants.

Despite being options of 2 years duration, 48m of the 75m were quickly exercised. We arranged an inspection of the share register on 14-Apr-2015 to discover who had been in such a hurry. We combined that with two filings of allotments by Lerado, which did not name the recipients. Here are the results:
Shareholder   Shares   Date entered   Status
Chu Chun Ting   7,500,000   11-Mar-2015   1 employee, 1 consultant
Kung Yiu Fai   7,500,000   11-Mar-2015
Chan Kam Fuk   7,500,000   17-Mar-2015   employee
Law Yee Man, Thomas   3,000,000   17-Mar-2015   employee
Wang Zewei   7,500,000   20-Mar-2015   consultant
Wong Sin Fai, Cynthia   7,500,000   20-Mar-2015   consultant
Kwok Wai Leung   7,500,000   2-Apr-2015   consultant
Total so far   48,000,000   14-Apr-2015   3 employees, 4 consultants

That leaves 1 more consultant who has not exercised the options. We recognise some of these names:

  Chan Kam Fuk is Dominic Chan Kam Fuk (Dominic Chan), proprietor of accountancy firm Dominic K.F. Chan & Co. He was appointed as Company Secretary of Lerado on 1-Aug-2014.
  Thomas Law Yee Man (Mr Law), an architect, is an INED of two listed companies, AcrossAsia Ltd (AcrossAsia, 8061) and Sage International Group Ltd (Sage, 8082). Here's a connection: Mr Law joined AcrossAsia on 28-May-2010, replacing Mr Mak of Convoy, who resigned as INED four days earlier. Perhaps Mr Mak helped to arrange Mr Law as his replacement at AcrossAsia. And here's another connection: Leung Tin Fu (Mr Leung), founder and Chairman of Sage until 14-Dec-2007, is also a pre-IPO holder of 10% of Convoy IS. Dominic Chan was an INED of Sage, resigning the same day as Mr Leung. We don't know what role Mr Law plays as an "employee" of Lerado.

  Cynthia Wong Sin Fai (Cynthia Wong) is a solicitor who consults for Robertsons and has been Company Secretary of Suncorp Technologies Ltd (Suncorp, 1063) since 15-Feb-2011. We'll come back to that. We don't know what role she plays as a "consultant" to Lerado.

  Wang Zewei (Mr Wang) is the name of the person who in 2014 sold 22.5% of Sincere Smart International Ltd to Hao Wen Holdings Ltd (Hao Wen, 8019) for HK$69m, valuing the business at $306.7m when it had net assets of $2.9m. Two other companies, Capital VC Ltd (Capital VC, 2324) and Unity Investments Holdings Ltd (Unity, 0913), bought 14% and 29.5% for $42.7m and $90m respectively, without naming the vendor(s). For more, see our article Hao Wen, Capital VC and Unity today. We don't know what role Mr Wang plays as a "consultant" to Lerado. He was the only mainlander on the list, and he gave an office address at 10 Gaoxin South 4th Road, Nanshan District, Shenzhen.

Incidentally, Mr Mak was also an Executive Director of Computech Holdings Ltd, now named China Mobile Games and Cultural Investment Ltd (CMG, 8081), from 30-Jul-2008 to 28-Apr-2014, three days after he joined Lerado. In fact he was the only ED of CMG from 17-Sep-2009 to 8-Nov-2011. The Convoy FH IPO prospectus dated 29-Jun-2010 said that despite this, Mr Mak considered Convoy his main focus and "has devoted more than 80% of his time to his duties" at Convoy during 2007-2009 and he would continue to allocate a similar proportion of his time to Convoy after listing. That basically meant that CMG only had about 0.2 Executive Directors!

Win Fung acted as the placing agent for CMG in a placing on 22-Apr-2015.

The option shares were deposited into CCASS via various brokers as follows. Click on the dates to see the movements in CCASS:
Date   Broker   Number
15-Apr-2015   SBI China Capital Financial Services Ltd (SBI CCFS)   7,500,000
29-Apr-2015   Win Fung   7,500,000
8-May-2015   Gransing Securities Co Ltd (Gransing)   7,500,000
27-May-2015   Gransing   7,500,000
24-Jun-2015   Prudential Brokerage Ltd   7,500,000
4-Aug-2015   Convoy IS   3,000,000
13-Aug-2015   UOB Kay Hian (HK) Ltd   7,500,000
Total      48,000,000

It appears likely that Mr Law deposited his 3m shares with Convoy IS, as all the other deposits matched the 7.5m option grants.

Incidentally, the other pre-IPO investor in 10% of Convoy IS is Howard Jiang Qi Hang, who featured in several previous investigations on Webb-site Reports.

Gransing is a name you will see again - it has acted 4 times as a placing agent for Convoy FH, in a bond placing on 21-Jan-2015 and a bond placing on 16-Sep-2014 as well as two unannounced bond placings on 8-Jul-2014 and 14-Nov-2014 mentioned in Convoy FH's annual report. Gransing's client list in Webb-site Who's Who also shows that it has acted as placing agent for Hao Wen, Suncorp and WLS Holdings Ltd (WLS, 8021), a company which we cover below.
CIFG-Lerado cross-holding

On 22-Apr-2015, probably in response to queries from the regulators, Lerado made a "voluntary announcement" trying, and in our view failing, to justify its decision to use shares rather than cash to buy the property from CIFG.

On 21-May-2015, Lerado announced that it had agreed to subscribe for 130m shares (12.44%) of CIFG at at $0.275, or $35.75m in total, setting up a cross-holding between the two, as CIFG still held 8.59% of Lerado. This was, incidentally, highly dilutive to CIFG, a 66.9% discount to its NAV per share at 30-Apr-2015 of $0.83. This fact was omitted from the CIFG announcement. The issue completed on 2-Jun-2015. Our system indicates that Lerado deposited 70m CIFG shares with Gransing on 23-Jun-2015, and deposited 60m CIFG shares with Kingston Securities Ltd (Kingston) the next day.

On 11-Aug-2015, Lerado cut its holding in CIFG from 128.8m shares (12.32%) to 103.392m shares (9.89%), selling the shares at an average $0.196, a 29% loss. As the stake was cut below 10%, Lerado is no longer a "substantial shareholder" and "connected person" of CIFG under the Listing Rules.

Policy note: the disclosure threshold for substantial shareholdings in HK-listed companies was reduced by law from 10% to 5% on 1-Apr-2003, but the Listing Rules have never been updated to match this.
Lerado issues shares to CAID (0048)

On 26-May-2015, Lerado announced the acquisition of Brilliant Summit Ltd from China Automotive Interior Decoration Holdings Ltd (CAID, 0048), for HK$45m, but again, not using any of the cash pile. Instead, it issued 75m shares at $0.60 each, or 7.82% of the enlarged issued shares of Lerado, further diluting existing shareholders. The target was "engaged in the trading of garment accessories, such as nylon tape, polyester tape and polyester string". It had net assets of just $7.24m and a net profit in the year to 31-Mar-2015 of $0.9m.

In giving reasons, Lerado claimed that "certain fabric products and expertise knowledge of the Target Group can be utilised in the Group's business of manufacturing medial products, including but not limited to powered and non powered mobility aid, wheel chairs and other durable equipment". Stretching the polyester tape further, they claimed that the Target Group's "sizable clientele" would allow Lerado to "penetrate into a new market." This rather ignores the fact that Lerado already had its own expertise in sourcing fabrics for baby strollers, infant car seats and mobility aids over many years.

CAID had purchased Brilliant Summit from its manager, a Mr Cheung Ngai, for HK$42m on 15-May-2013. He apparently goes by the name of "Elman" and apart from Brilliant Summit (products here), he runs another company in the same line of business called San Wah Holdings Ltd. CAID, announcing the sale of Brilliant Summit to Lerado, said that "as a result of the constantly increasing costs of sales and competition, the Company is of the view that its business is not expected to grow at its current rate without further investments and developments." CAID intended to hold the Lerado shares "to achieves earnings in the form of capital appreciation."

The transaction completed on 16-Jun-2015. We can see that CAID deposited the 75m new Lerado shares with Win Fung in two batches, 40m on 23-Jun-2015 and 35m on 14-Jul-2015. Of all the brokers it could use, why this little firm, and why is this the same firm in which Mr Chen and one of the option holders also deposited their Lerado shares? The shares are positioned in the same custodian ahead of an important vote on Lerado's future. To summarise those deposits of shares with Win Fung:
Shareholder   Shares   Deposit date
Mr Chen (Hwa Foo)   96,805,800   9-Dec-2014
An exercised option holder   7,500,000   29-Apr-2015
CAID   40,000,000   23-Jun-2015
CAID   35,000,000   14-Jul-2015
Total   179,305,800   

CAID's new INED or mooncake coordinator

For some light relief, on 4-Sep-2015 CAID appointed a new INED and audit committee member, Ms Adeline Ng Li La, who "has over 10 years of experience in human resources and corporate management". She also has a Certificate of Human Resources Management from HK Baptist University and is "a senior administrative officer of a renowned international technology company in Hong Kong". Wow, she sounds highly qualified, doesn't she?

A quick search discovers her Linked In page (copy here). Since May 2015, she has been personal assistant to the General Manager of Amadeus Hong Kong Ltd - and her duties include "supervise the receptionist and the cleaning lady", "coordinate mooncake distribution", "manage pantry cabinet" and planning the Christmas party. Now this of course is all important work, but probably not that relevant to the duties of a listed company director and audit committee member. We wonder how she was introduced to CAID. This is probably not what HKEx had in mind when it started promoting board diversity, but it's what you get when as a regulator, you let controlling shareholders vote on INED elections.
CAID and Convoy

On 30-Jun-2015, CAID announced a placing via Convoy IS, listing the Financial Adviser as Opus Capital Ltd (Opus Capital) and using the full 20% general mandate of 276.48m shares at $0.485, a 19.2% discount to the closing price of $0.60. However, the price then collapsed, and on 9-Jul-2015, they cut the placing price to $0.345, a 42.5% discount to the original closing price. The placing completed on 21-Jul-2015. Our CCASS analysis shows that 125.48m shares were deposited with Astrum, only 68m with Convoy IS and 25m with Kingston, with the remaining 58m to 4 other brokers.

CAID's interim results for 30-Jun-2015 disclosed a huge unrealised gain of RMB 448.6m (HK$561m) on "held-for-trading investments" which then had a market value of RMB564.0m (HK$705m). In other words, a gain of about 389% in 6 months. No normal stock will give you that, but a bubble stock will. Net tangible assets at 30-Jun-2015 were RMB761.9m (HK$952m) or about $0.689 per share, so the investments accounted for 74% of that.

CAID's interim report contains the following statement, which we regard as false and misleading:

"At 30 June 2015, there was no significant investment held by the Group."

Policy note: Some of the listed companies which have recently reported exceptionally large percentage gains on listed securities must own bubble stocks. If you know what stocks a listed company owns, then you would be able to take the SFC's concentration warnings into account and discount those investments to what you regard as fair value, rather than relying on inflated market valuations. But unfortunately, the Stock Exchange and SFC do not require such disclosure, even when inflated listed investments make up the bulk of a companies net assets. They simply rely on the company having to announce losses as inside information after the bubble has burst, rather than telling you that they hold bubble stocks in the first place.

This is despite the fact that Listing Rules Appendix 16 paragraphs 32(4) and 40(2) (or on GEM, Rules 18.41(4) and 18.59) require that companies disclose "significant investments held, their performance during the financial [year/half-year] and their future prospects". It seems that SEHK just doesn't want to enforce this.

Although the Listing Rules which require such disclosure contain no definition of "significant", it should be seen in the context of the size of the holder's balance sheet and therefore the potential impact on shareholder value if the market value of the investments were to change. Whether the investment is "held-for-trading" or as a long-term "available for sale" asset is irrelevant to the potential impact on shareholder value, except for the fact that profits tax applies to trading.

Separately, many listed companies have avoided the notifiable transaction rules in Chapter 14 by declaring themselves to be "in the business" of trading securities. This then allows them to invest as much of their shareholders' money as they like on purchasing "held-for-trading" securities without announcing the transactions, because they are deemed transactions "of a revenue nature in the ordinary and usual course of business" under Listing Rule 14.04(1)(g). The Stock Exchange should close this loophole. Investments in securities, regardless of how they are booked, should be subject to the notifiable transaction rules.

You might wonder then why CAID did not just cash in some of its $705m of investments rather than raise $94.2m in a placing of 20% new shares, claiming that it needed the money. The results failed to identify these spectacular investments, but noted that by 31-Aug-2015, the value had decreased by 23.5% since the end of June. That's about HK$224m of loss.
CIFG and Lerado: parallel open offers

On 17-Aug-2015, Lerado announced a massive 3:1 open offer of new shares at $0.15 each, a 68% discount to the market price of $0.47, with no excess applications. The primary underwriter is Gransing, the Financial Adviser is Octal Capital Ltd (Octal Capital) and the IFA is Opus Capital, the same as the Financial Adviser to CAID.

As we've said before, deep discount open offers are a form of extortion of existing shareholders, because they are faced with the choice of either being heavily diluted economically, or putting in cash to prevent the dilution. Unlike rights issues, the holder does not have the third option of selling his entitlements to recover the discount and thereby mitigate the economic damage. For this reason, the UK Listing Rules include a limit (set decades ago) of not more than a 10% discount on open offers. Hong Kong, still in many ways a developing market, allows this extortion to continue. See UK Listing Rule 9.5.10.

Adding to this abuse is that an open offer often involves no ability for shareholders to make "excess application" for unsubscribed shares. Nor are the unsubscribed shares sold in the market to capture the premium above the issue price for the benefit of passive shareholders. This leaves the underwriter with the benefit of the discount on shares which shareholders cannot or do not subscribe. In these circumstances, the open offer in practice is a conditional placing of deeply discounted shares with the "underwriter", subject to a right of first refusal by existing shareholders pro rata to their holdings.

Gransing cannot end up as a controlling shareholder of Lerado, so it has to have sub-underwriters. From a disclosure of interest, we can see that Capital VC (mentioned above) is a sub-underwriter for 370m shares, or 9.64% of the enlarged capital. Another disclosure shows that Barry Lau Wang Chi is a sub-underwriter for 370m shares. He is a Responsible Officer of Adamas Asset Management (HK) Ltd (Adamas), which will feature below.

On 9-Sep-2015, CIFG announced a huge 8:1 open offer with no excess applicatoins, "underwritten" by Black Marble Securities, which is owned by Lerado. The Financial Adviser to CIFG is Akron Corporate Finance Ltd (Akron) and the IFA is Opus Capital, the same as Lerado's IFA and CAID's FA.

As Lerado owns less than 10% of CIFG, the underwriting is not a "connected transaction". However, it is blatantly clear that Lerado has a "material interest" in the CIFG transaction and should be prohibited from voting in the EGM of CIFG to approve the open offer. Furthermore, Lerado stands to benefit from any unsubscribed shares at the discounted offer price. As there are no excess applications, this is in effect a discounted placement with Lerado subject to clawback by existing holders.Listing Rule 2.15 states:

"Where a transaction or arrangement of an issuer is subject to shareholders' approval under the provisions of the Exchange Listing Rules, any shareholder that has a material interest in the transaction or arrangement shall abstain from voting on the resolution(s) approving the transaction or arrangement at the general meeting."

Correspondingly, we submit that CIFG should not be permitted to vote in the Lerado EGM, because obviously Lerado is engaged in a commercial transaction with CIFG to provide it with funding under the CIFG open offer.
Mr Chen's "disposal" at a 53% loss

Now, according to a disclosure of interest, on 9-Sep-2015, Mr Chen, ED of Lerado, sold his entire interest of 97,823,800 shares, including a personal holding of 1,018,000 shares and those held by Hwa Foo. Some of it was on-exchange at $0.25, but most of it was off-market at $0.22 because total market volume that day was only 7,625,800 shares. When we look at CCASS movements, on the settlement date of 11-Sep-2015 we see his personal holding of 1,018,000 shares leaving Core Pacific Yamaichi, and only 2,805,800 shares leaving Win Fung, and there have been no reductions in Win Fung's balance since then. So it appears that the other 94,000,000 shares were transferred, off market, to other clients of Win Fung and remain there.

As an ED of Lerado, Mr Chen would have been prohibited from voting in favour of the proposed open offer, so it is a matter of great concern that these shares may have been placed in friendly hands, along with the positions held by CIFG and CAID, to vote in favour (if they are not required to abstain).

This disposal, at a deep discount to cash and to net asset value, of a key block of shares, really makes no economic sense for Mr Chen. If he was unhappy with the effects of the proposed open offer, he could have joined us in voting against the proposal. He was only prohibited from voting in favour. At a purported disposal price (for most of his shares) of $0.22, he appears to have accepted a loss of 53% since the open offer was announced. We find this hard to believe. Accordingly we urge the SFC to investigate the true nature of the transactions and who has bought the shares. We would be surprised if the "buyers" had not been mentioned elsewhere in this article.

China 33 Media (8087)

There's another open offer we need to tell you about, and the background is this.

On 26-Jan-2015, China 33 Media Group Ltd (C33M, 8087) announced that its controlling shareholder, Lizhong Ltd (Lizhong), which had held 243.756m shares (43.13%) had 5 days earlier pledged 192m shares (32.00%) to a lender and on 22-Jan to 26-Jan Lizhong had sold its remaining 66.756m shares (11.13%) in the market. They didn't say who the lender was, but a subsequent disclosure of interest shows that it is funds managed by Adamas, which was mentioned above. Our analysis shows the average price received by Lizhong in the 3 days was $0.4192 per share, a total of $27.98m. Now, why did Lizhong need to sell those shares and borrow that money by pledging the remainder? Read on.

On 10-Apr-2015, CIFG, via its 100% subsidiary New Express Investment Ltd, agreed to subscribe 120m shares (16.67%) of China 33 Media Group Ltd (C33M, 8087) at $0.22, exhausting its general mandate, for a total of HK$26.4m. The deal completed on 22-Apr-2015, diluting Lizhong from 32.00% to 26.67%. Our system shows that on 6-May-2015, CIFG deposited its C33M shares with Gransing.

Three months later, on 24-Jul-2015, C33M announced a massive 7 for 1 open offer at $0.10, a 75.6% discount to the closing price of $0.41, without excess applications. The Financial Adviser was Octal Capital (the same as for Lerado's open offer), and the underwriters were Gransing, Kingston and RHB OSK Securities HK Ltd (RHB OSK). The IFA again was Opus Capital, the same as for Lerado. Lizhong undertook to take up part of its entitlement amounting to 844,799,700 shares, which to the nearest thousand is 4.4 shares for each share it owns, not 7. That would cost it $84.5m, but of course, it had already raised about $27.98m by selling shares in the market in January, so there was a funding gap of $56.5m, or about $0.294 per existing share, which it might have borrowed from Adamas funds.

If CIFG was to maintain its holding, it would have to put in another $0.70 for each share it held. It had sold a few shares but still held 113.622m (15.78%). The share price dived 26.8% on the day after the news, but the prospect strangely seemed to delight CIFG, which undertook not to sell any more and to take up all its entitlements to 795.354m shares at a cost of $79.5m. However, on 4-Aug-2015, C33M announced that it and Gransing had agreed to cut CIFG's commitment to 290m shares. As a result CIFG would be diluted to 7.01% of C33M.

Under GEM Listing Rule 10.39(1) or Main Board Listing Rule 7.24(5)(a), if an open offer is at a ratio higher than 1 for 2 then it must be approved by "independent" shareholders excluding the controlling shareholder or, if none, the executive directors and their associates. So the largest holder of C33M, Lizhong, could not vote in favour at the EGM, as it is an associate of the Chairman.

How convenient, then, that there was another "independent" shareholder who could vote in favour. Look at the EGM results on 31-Aug-2015. CIFG almost certainly voted its 113.622m shares in favour, and only 2,050 other shares voted in favour, while 28,638,000 shares voted against. The open offer was thereby approved, and the prospectus was published on 14-Sep-2015.
Update, 26-Sep-2015

The C33M open offer prospectus discloses that several sub-underwriters have been engaged. Gransing, with a commitment of 1,905,200,300 shares (33.07% of the enlarged shares), engaged SBI CCFS for 800m shares (13.89%) and 3 other unnamed sub-underwriters for a total of 540m shares (9.37%), each with less than 5% of enlarged shares. RHB OSK, with a commitment of 500m shares (8.68%) had engaged 2 unnamed sub-underwriters to take all of them.

Kingston, with an underwriting commitment of 1500m shares (26.04%), had engaged but then terminated 4 sub-underwriters to take all of it. One was Harvest Aspect International Ltd, which a filing shows is owned by William Yu Tsung Chin, for 644.64m shares (11.19%). The remaining 3 each had less than 5% but totaled 14.85%. After these 4 were terminated, Kingston engaged a single sub-underwriter for the whole lot. Guess who? Black Marble Securities (owned by Lerado).

SBI CCFS and Black Marble have each failed to file a disclosure of interest.

The denominator in the calculation of percentage for disclosure of interests under s308 of the Securities and Futures Ordinance is based on the number of "issued shares", not the number which may be in issue in the future. So in a 7:1 open offer, there are new shares equivalent to 700% of existing shares. All the filings by the underwriters and sub-underwriters in the C33M case use the wrong denominator (the number of shares which will be in issue if the open offer completes) and hence show the wrong percentage, which should be multiplied by a factor of 8. Anyone with an underwriting commitment equal to 5% or more of the existing shares (in the case of C33M, 36m shares) should make a filing, and clearly, that has not happened, with several sub-underwriters of Gransing, RHB OSK and Kingston. The SFC should require them to correct their filings and to procure filings by their sub-underwriters, including those which have now been terminated.
GreaterChina Professional Services (8193)

Now let's look at how Lerado (via Black Marble Securities) and Akron (Financial Adviser to CIFG on its open offer) have been working together in another transaction.

GreaterChina Professional Services Ltd (GPS, 8193) is listed on GEM and owns Greater China Appraisal Ltd, which values real estate and other assets. On 13-Nov-2014, GPS began to deviate from its core business, by buying 80% of Golden Vault Ltd, which indirectly owns a mainland advertising business with in-elevator poster frames and LCD displays in Changshu, PRC, for HK$110m in promissory notes.

Golden Vault had turnover of RMB 7.34m in 2013 and net assets of RMB 5.73m (HK$7.16m) at 30-Sep-2014. This business was valued by Roma Appraisals Ltd at $184m, because, hey, elevators are difficult to get into - especially when they are going up. That valuer is owned by Roma Group Ltd (Roma, 8072) and the financial adviser on the profit forecast was Akron.

A disclosure of interest shows that on 11-May-2015, China Environmental Energy Investment Ltd (CEEI, 0986) increased its holding in GPS from 2.63% to 5.13%, buying 21.495m shares at $0.556 per share. From our CCASS system we see the shares deposited with Southwest Securities (HK) Brokerage Ltd (SWSHK, formerly Tanrich Securities Co Ltd).

On 8-Jul-2015, Roma announced that it had agreed to lend up to HK$58m to Brilliant One Holdings Ltd (Brilliant One) for 12 months at 12% p.a., secured by 310.85m shares in an unnamed GEM-listed company and guaranteed by persons named Ip Kwok Kwong and Wong Chi Keung, the ultimate owners of Brilliant One. That non-disclosure of the GEM company's name was silly, because it was easily determined that Brilliant One was the 36.23% controlling shareholder of GPS, which eventually announced the loan facility on 4-Aug-2015. Ip Kwok Kwong is the MD of GPS, while Wong Chi Keung (this one) is an accountant with 13 INED positions. The loan facility includes a maximum loan-to-value ratio of 65%. So if they draw the full loan, then the share price falling below $0.287 would trigger a top-up obligation. The shares were moved from Emperor Securities Ltd to Infast Brokerage Ltd on 9-Jul-2015.

On 9-Jul-2015, the day after the share pledge, GPS announced a huge proposed placing of shares under a specific mandate, 2.6bn shares at $0.10, a 74.4% discount to the market price of $0.39, via Black Marble Securities, which is owned by Lerado. The Financial Adviser is Akron (the same as for Lerado's open offer). That represents 303% of the existing shares, and they are not even bothering to make the shares available to existing shareholders by an open offer or rights issue. Simultaneously, it was proposed that SEEC Media Group Ltd (SEECM, 0205) would subscribe 1.4bn shares at the same price, a total of $140m, for 28.82% of the enlarged shares.

Policy note: As we mentioned above, open offers or rights issues larger than 1 for 2 (a 50% enlargement of issued shares) must be subject to shareholders' approval with controlling shareholders abstaining, or if there are none, then with executive directors and their associates abstaining. That does provide some small measure of protection, (unless the vote is being manipulated with warehoused shares). However, this protection is negated by the fact that a massive placing under a "specific mandate" can be approved without requiring controllers or executive directors to abstain. The Listing Rules should be amended to close the loophole so that controllers/executive directors should be required to abstain from voting in favour of any proposal to approve a "specific mandate" that enlarges the issued shares by more than 50%.

Brilliant One, which has pledged its controlling shareholding to Roma, was allowed to vote to approve this outrageous proposal.

Of the $395.1m net proceeds, GPS intends to use $100m in its money-lending subsidiary, Colbert Finance Ltd, and $150m to develop its securities brokerage business. It doesn't own a stockbroker yet, but it plans to either buy one or set one up. The EGM approved the placing on 14-Sep-2015 without objection. With an avalanche of shares due to hit the market at $0.10, it is quite impressive that the stock still closed at $0.495 on 23-Sep-2015.
SEECM (0205)

Now let's look at a fourth open offer involving Lerado (via Black Marble Securities) and Opus Capital.

SEECM is, or was, principally engaged in advertising agency, distribution of books and magazines. And securities trading, of course, like all shoddy companies should be. It announced its investment in GPS on 10-Jul-2015.

On 17-Jul-2015, SEECM announced that it had agreed to subscribe 103.02m shares (16.67%) of China New Economy Fund Ltd (CNEF, 0080) at $0.385, for a total of HK$39.66m, exhausting CNEF's general mandate. CNEF is another Chapter 21 investment company, and that was a 61.5% discount to the NAV of CNEF at 30-Jun-2015 of $1.00. As we noted in our article Some Bubbles for New Year on 31-Dec-2014, CNEF had shares in the Finsoft bubble alongside Convoy FH, and Tony Tai Man Hin, the CFO and Company Secretary of CNEF, was an INED of Finsoft. He retired from Finsoft on 5-May-2015. The CNEF announcement of the subscription named Astrum as the placing agent and did not mention the discount to NAV.

Also on 17-Jul-2015, SEECM announced that it is applying to the SFC to set up a stockbroker. Now everyone wants to be a broker. Lerado, GPS and SEECM.

On 19-Aug-2015, SEECM announced a huge open offer, 3 for 1 at $0.10, a 61.5% discount to the market price of $0.26. The Financial Adviser is Opus Capital (the FA of CAID and the IFA of C33M and Lerado), the IFA is Hercules Capital Ltd (Hercules) and the underwriter is Black Marble Securities, owned by Lerado. Again there will be no excess applications, so the "underwriter" gets the benefit of discounted unsubscribed shares. Of net proceeds of $624m, SEECM plans to use HK$365m to set up a stockbroker, $30m to set up a corporate finance advisory and asset management firm and $225m for the acquisition and operation of an unspecified e-commerce platform.

The shares dived on the news, dropping 35.4% to $0.168 the next day. But they weren't done yet. On 9-Sep-2015, they decided to increase the carnage by consolidating the shares 2:1 and then changing the offer terms to 5 new shares for each consolidated share at $0.10, equivalent to $0.05 before the consolidation. So the offer discount becomes an effective 80.8% discount to the original closing price of $0.26. This will raise a bit less though, HK$519m. This news caused another drop in the price, by 16.7% from $0.156 to $0.13 the next day. So the stock price had now halved even before putting the plan to a vote.

A circular for the capital reorganisation went out on 18-Sep-2015 for an EGM on 12-Oct-2015. We urge shareholders to vote against the resolutions. They are special resolutions that require a 75% majority to pass, so blocking it is more feasible than usual. If it passes, then a circular to propose the open offer is due out on 28-Oct-2015.
Chan Cheong Yee and CESHK

There is a common person to a number of these companies. Chan Cheong Yee (C Y Chan) is a Responsible Officer of China Everbright Securities (HK) Ltd (CESHK). CESHK is the investment manager of four Chapter 21 companies: CIFG, CNEF, China Innovation Investment Ltd (CII, 1217) and China Investment Development Ltd (CID, 0204). C Y Chan is an ED of all 4 companies, and he is also an ED of Capital VC.
CID (0204)

CID is in its own little bubble - it closed on 23-Sep-2015 at $0.157, compared with NAV of $0.024 at 31-Aug-2015.
CEEI (0986)

Now remember we mentioned CEEI, the investor in GPS? On 12-Nov-2014, CEEI announced a placing of 48,190,489 shares at $0.97 per share to raise HK$46.28m, exhausting the general mandate, followed by a huge 8:1 rights issue at $0.195 per share, an 82.4% discount to the market price of $1.11, to raise between $376m and $451m. Excess applications were allowed. At the time, CEEI had no substantial shareholders.

Win Fung was both the placing agent and the rights issue underwriter. The placing was on a best efforts basis, and on 27-Nov-2014, the placing price was cut to $0.66. The placing was completed on 3-Dec-2014, and all the shares were deposited into the CCASS account of Win Fung for its clients. Not a single share moved out of that account until after the EGM to approve the rights issue. And guess what, the EGM results on 18-Dec-2014 show that the number of shares voted in favour of the rights issue was 48,437,576, just 247,087 more than the number of placing shares.

On 12-Mar-2015, CEEI announced that it would start investing in "quality stock and other financial products", so don't say you weren't warned! On 17-Apr-2015, CEEI announced that it had bought 51m shares (0.337%) of Suncorp (mentioned above) that day in the market for HK$61.45m at an average of $1.205 after a huge run up in the share price following completion of a placing at $0.245 per share on 13-Apr-2015. The stock closed at $0.204 on 23-Sep-2015, down 83% since the purchase by CEEI. Some of the other investments by CEEI are covered below.
WLS (8021)

Now let's tell who may have benefitted from a huge bubble in the shares of WLS Holdings Ltd (WLS, 8021), a construction company.

As background, on 21-Oct-2014, WLS announced that CIFG would subscribe for 79m shares (16.67% of enlarged) at $0.177, a 0.6% premium to market, exhausting the general mandate. On the face of it, WLS had no other substantial shareholders. The deal completed on 31-Oct-2014. The shares were deposited with Fordjoy Securities and Futures Ltd (Fordjoy) on 5-Nov-2014. CIFG rapidly sold off the shares, from 12-Nov-2014, dropping below 5% on 3-Dec-2014.

WLS owns a licensed money-lender, Gold Medal Hong Kong Ltd, incorporated on 19-Mar-2014 and licensed on 26-Nov-2014.

On 21-Jan-2015, WLS announced a 5:1 share consolidation and a proposed massive placing of 540m consolidated shares (563.16% of the existing shares) at $0.30 via SWSHK (then Tanrich Securities Co Ltd). The Financial Adviser was Akron. This placing price was a 42.3% discount to the adjusted closing price of $0.52. At the 5-Mar-2015 SGM to approve the placing, votes in favour were 89,597,500, or 18.69% of the issued shares. Total turnout was only 19.00%. We suspect most of those votes in favour were shares previously held by CIFG, but we'll never know for sure.

Of the 540m shares, we know that CEEI took 63m shares (9.91% of enlarged), because it announced the subscription on 18-Mar-2015. Disclosures of interests show that Samuel Chiu Se Chung, a licensed Representative of Roofer Securities Ltd, also subscribed 9.9%. Unity, mentioned above, subscribed 31.5m shares (4.95%), as did Capital VC, mentioned above and Avant Capital Management (HK) Ltd (Avant), as asset manager. Mr Ye Ruiqiang subscribed 4.95%. As of 31-Dec-2014, he owned 6.44% of Capital VC.

There are 4 subscribers whom we cannot identify. A person named Zhang Yan subscribed 40.67m shares (6.40%) which were probably deposited with Emperor Securities Ltd, and a person named Zheng Wanying subscribed 31.33m shares (4.93%). A person named Civic Cheung Sun Kei subscribed 54m shares (8.49%) and another named Cheung Kam Hong subscribed the same number.

A person named Wong Chun Wah subscribed 23m shares (3.62%). It's a common name but we see that the same number went to the custody of Henik Securities Ltd, where there is a licensee called Wong Chun Wah. Similarly a person named Ma Kin Lung subscribed 31.0m shares (4.88%), and we see that number deposited with Get Nice Securities Ltd, where Ma Kin Lung is a licensed representative.

A person named Tam Siu Ki subscribed 54m shares (8.49%), increasing his stake to 9.28%. That may or may not be the same as Simon Tam Siu Ki, who was a representative of RHB OSK (then known as Prudence Securities Co Ltd) until his license was revoked on 30-Oct-2003 for rat-trading and other trading malpractices. In summary, then after the placing, the holdings were:
  Name   Shares   Stake %
1   CEEI (0986)   63,000,000   9.91
2   Samuel Chiu Se Chung   63,000,000   9.91
3   Tam Siu Ki   59,000,000   9.28
4   Cheung Kam Hong   54,000,000   8.49   
5   Cheung Sun Kei, Civic   54,000,000   8.49
6   Zhang Yan   40,670,000   6.40
7   Avant   31,500,000   4.95
8   Capital VC (2324)   31,500,000   4.95
9   Unity (0913)   31,500,000   4.95
10   Ye Ruiqiang   31,500,000   4.95
11   Zheng Wanying   31,330,000   4.93
12   Ma Kin Lung   31,000,000   4.88
13   Wong Chun Wah   23,000,000   3.62
  Total   540,000,000   85.71

The WLS placing completed on 27-Mar-2015 and the CCASS deposits are here. By that time, the stock had more than doubled to $1.25. Unlike the allotments after the IPO, there was no concentration warning. Yet 13 holders held 85.71% of the stock.

The price continued to climb. On 15-May-2015, with the stock at $2.26, 7.53x the placing price, WLS announced a 7:1 bonus issue. The stock spiked again and was suspended at $4.27 on 17-Jun-2015, prompting the company to announce that it was negotiating for a possible share issue. After a brief correction to $2.50, it was suspended again on 19-Jun-2015, pending announcement on 23-Jun-2015 of a "framework agreement" for possible subscriptions by Avant and Shin Kong Capital Management Inc (SKCM) of 1920m and 5760m shares (post-bonus) at $0.06875, a 78% discount to the bonus-adjusted closing price of $0.3125, to raise $528m gross and enlarge the issued shares by 151%.

While the stock was suspended, it went ex-bonus on 23-Jun-2015 and the bonus shares were distributed on 3-Jul-2015, so for 10 days straddling the half-year point, only 1/8 of the company was tradable. When trading in those shares resumed on 24-Jun-2015, the stock shot up again on heavy volume, reaching a daily high of $1.22 on 26-Jun-2015. Remember that most of the existing shares had been issued at a bonus-adjusted $0.0375, so they were now up 32.5x. WLS closed at $1.05 on 30-Jun-2015, allowing those listed companies which held the stock to book enormous "fair value gains" in their interim results. At the end of June, WLS had a market capitalisation of HK$5341m, compared with net tangible assets at 30-Apr-2015 of HK$282m ($0.055 per share), so it was trading at 18.9x NAV.

Disclosures of interest indicate that SKCM was using a vehicle called SKCM TMT I, L.P., which was 50% owned by Chiang Chun Yi and 50% by Yam Tak Cheung, and managed by SKCM TMT GP Co. Ltd, which is 40% owned by SKCM. After all that excitement, SKCM backed out of the deal on 8-Aug-2015 citing disagreement over due diligence on WLS, but Avant signed a new agreement on 12-Aug-2015 to continue to subscribe 1920m shares at $0.06875, conditional on WLS issuing at least 252m shares in a fund-raising exercise so that Avant ends up with 29.48% of less - certainly under the 30% takeover trigger.

Now this long and winding road takes us back to Lerado. On 18-Aug-2015, WLS announced two placings via Black Marble Securities, owned by Lerado. The underwritten tranche is of 360m shares (7.08% of existing shares) at $0.06875, and there is a further "best efforts" placing of 5400m shares (106.15%) at the same price, at 82.1% discount to the closing price of $0.385. Together these could raise $389.22m mostly for, you guessed it, money-lending and securities business. The shares closed on 23-Sep-2015 at $0.27, down 74.3% since the end of June, but still at 4.9x NAV.
Raise the umbrellas: China Jicheng (1027)

Perhaps the most ridiculous bubble in our market at present (although there is a lot of competition for that title) is umbrella maker China Jicheng Holdings Ltd (CJ, 1027) which listed on 13-Feb-2015. It peaked on 18-Sep-2015 at $3.18 with a market value of HK$47.7bn, compared with net tangible assets in the 30-Jun-2015 interim results of $399.6m, or $0.0267 per share. So it was trading at 119x NTA.

Adjusting for a 25:1 stock split in June, CJ's IPO priced the shares at $0.044, so was up 72.3x since the IPO. This gives new meaning to the term "umbrella movement". The initial custody positions of the 150m IPO shares (25%) are in our records here. The top 3 brokers will now be familiar to you: Gransing (8.72% of CJ), Win Fung (8.18%) and SWSHK (3.73%), a total 20.64% or 82.54% of the float.

On 14-May-2015, the SFC warned that 16 shareholders owned 24.02% of CJ, or 96.08% of the float, leaving 0.98% of CJ for everyone else. The stock closed at $13.76 the day before that warning, or $0.5504 after the stock split, so it is up 5.14x since then.

In its annual results for 31-Mar-2015, CEEI (mentioned above) disclosed a holding of 12.67m shares (2.11%) in CJ at a purchase cost of $1.10 per share, which means they were allocated in the IPO, because they have never traded that low. After the stock split that will be 316.75m shares at $0.044. So CEEI doesn't always pay bubble prices for bubble shares - it occasionally gets in at the bottom.

The controlling shareholder of CJ is its Chairman, Huang Wenji, with 11.25bn shares (75%) which, on paper, makes him a US$ umbrella multi-billionaire. We note that on 17-Sep-2015, he deposited 1.5bn shares into CCASS with Black Marble Securities, owned by Lerado. That could be preparation for a placing of existing shares and possibly a subscription of new ones, if anyone is dumb enough to buy them.

Lerado interim results show massive gain

Lerado is one of several companies which have made enormous market gains in the first half of 2015 without disclosing what stocks it bought. In the 30-Jun-2015 interim results, it disclosed "held-for-trading investments" comprising "equity securities listed in Hong Kong" of HK$702.1m. It also said that by 28-Aug-2015, the value had declined by 11%. It booked an unrealised gain of $626.5m, implying a purchase cost of $75.6m and a gain of 829% in 6 months or less. No normal stock does that. Whatever stock(s) they hold, it must be bubble paper, and investors deserve to know what it is so that they can make their own assessment of "fair value" rather than relying on an artificial market price.

After providing for $105m of profits tax on the gains, Lerado had net tangible assets at 30-Jun-2015 of $1220m, or $1.27 per share. But if those gains evaporate, then the NTA drops to $698.5m, or $0.728 per share. Both figures are before dilution from the proposed open offer. If the offer proceeds, then that NAV would be diluted to about $0.430 (with the gains) or $0.295 (without the gains). Both figures assume that Lerado loses the Dorel arbitration, which is worth $307m, which is $0.320 per share before the open offer or $0.080 per share after the open offer.
Capital VC's open offer

On 13-Mar-2015, Capital VC announced a 5:1 share consolidation to be followed by a 7:1 open offer at $0.25 per consolidated share without excess applications. That was a 76.5% discount to the adjusted closing price of $1.065 per share. The Financial Adviser was Akron, and the "underwriter" was SBI CCFS. The last published NAV at 28-Feb-2015 was an adjusted $4.821, so the issue discount to NAV was 94.8%. The stock sold off on the news, down 39.9% the next day to an adjusted $0.64.

Policy note: Chapter 21 investment companies like Capital VC have to publish their NAV monthly. This involves valuing all their listed investments at market prices, so they know what they are. Until 2002, these announcements had to be published in newspapers, so space was at a premium. Now that announcements are online for the last 13 years, this is no longer the case. Yet the Listing Rules still only require Chapter 21 companies to disclose the top 10 investments once per year in the annual report. This is ridiculous. The top 10 investments should be disclosed every month so that shareholders know what risks they are taking.

Again, investors faced the extortion of having to either see the investment heavily diluted, or put in more cash, and no excess applications were allowed, so it is really a placing with the "underwriter" subject to first refusal of existing holders pro rata. The underwriter benefits from any unsubscribed shares at a discount to market. To eliminate the possibility of SBI CCFS holding a controlling stake, it had to arrange sub-underwriters. They included Gransing, for 180m shares, Jun Yang Securities Co Ltd (Jun Yang Securities), for 152m, Avant, for 142.5m, and Fordjoy, for 80m shares.

Incidentally, SBI CCFS is 52% owned by Cao Guo Qi, a director of several listed companies, and 48% by Zhang Xiongfeng, the current Chairman of CMG, mentioned above.

On 11-Jun-2015, Capital VC shareholders approved the consolidation and open offer without objection. Voting turnout was only 14.39% of the issued and eligible shares, probably including the 6.44% owned by Ye Ruiqiang.

Policy note: shareholders are often unaware of opportunities to protect themselves by voting against such egregious proposals, because the SFC does not require banks and brokers who hold their stock to inform them of EGMs and seek voting instructions. As a result, most banks and brokers, in the small print of the client contracts, state that they are not obliged to do so. This is a major barrier to investor participation in governance, and the SFC should act to resolve this, as we said in our submission Principles of Responsible Regulation (26-May-2015).

On 24-Jun-2015, six days before Capital VC's financial year-end, it announced that it was changing its year-end to 30-Sep-2015, so it would produce a second set of condensed "interim" results for the 12 months to 30-Jun-2015. The purported reason for this was:

"to align the Company's financial year end date with that of the Company's principal associate, CNI Bullion Limited, which is the Group's substantial investment."

This holds no water though. Remember, Capital VC is a Chapter 21 investment company, so under Rule 21.04(3)(a), it is not allowed to take "legal, or effective, management control of underlying investments" and under Rule 21.04(3)(b) it is required to maintain a "reasonable spread of investments". So there is no logical reason to align the year ends of Capital VC and any of its investments, including CNI Bullion Ltd, which only accounted for 9% of Capital VC's NAV at 31-Dec-2014.

So what was the real reason for extending the year-end? In our view, to delay the annual disclosure of the portfolio. It's so embarrassing to have to show that your castle is built on sand.

On 15-Jul-2015 Capital VC announced that its NAV at 30-Jun-2015 was $9.0782 per share, and on 27-Aug-2015 it announced the second interim results for the 12 months to June. Capital VC booked a pre-tax profit on financial assets of $1314m for the 12 months, compared with $163m in the first 6 months, so the second-half profit was $1151m. As an investment company, it does not distinguish between realised and unrealised gains, but we can deduce them from the amount of deferred tax, which is tax that is only payable when they cash out. Note 8 shows deferred tax of $132m, so as profits tax is 16.5% they have about $800m of net unrealised gains, probably in bubble stocks.

Anyway, with that NAV in mind, let's return to the open offer. 7:1 at $0.25, versus NAV of $9.0782, so the open offer would dilute NAV to $1.354 before expenses. Shareholders who did nothing would lose 85% of their net asset value. Yet, when the offer closed on 9-Jul-2015, only 23.7% of the shares were subscribed. That left the underwriters and whoever was behind them with 66.75% of the company, acquired at $0.25 per share. The market price closed that day at $0.32. Due to market losses in July, the NAV closed that month at $1.0292, and $0.8824 at the end of August. Amazingly there was nobody with a disclosed 5% shareholding after the offer closed.

Meanwhile, even in market price terms, the shareholders who did not subscribe (and most of them did not vote against the open offer) had seen the price collapse from $1.065 before the open offer to $0.32, even while Capital VC was racking up huge gains as a holder of the unnamed inflated stocks.
Jun Yang (0397)

Jun Yang Securities is owned by Jun Yang Financial Holdings Ltd (Jun Yang, 0397). Until August, this was known as Jun Yang Solar Power Investments Ltd, but that's out of fashion, so now, like everyone else, it wants to be a financial services powerhouse.

Note 24 on page 113 of Jun Yang's 2014 annual report reveals that it owned 2.49% of Tech Pro Technology Development Ltd (Tech Pro Technology, 3823) and 4.49% of Town Health International Medical Group Ltd (Town Health, 3886). Those had a market value of about HK$235m and $280m respectively, out of total listed equities of $854m. Jun Yang booked an unrealised gain on held-for-trading investments of HK$350m for 2014, without which it would have made a loss before tax of $98m.
Tech Pro Technology (3823)

This is another bubble stock, up 93.14% in 2014, and it has kept on going, up a net 22.62% this year so far. It closed on 23-Sep-2015 at $1.87, valuing the firm at HK$12.13bn. When a company includes the syllable "Tech" in its name twice, you know it is desperate for attention. The company makes LED lamps and losses. Oh and football. Yes, it has bought a French soccer club, FC Sochaux-Montbeliard SA. After all, why sponsor the shirts when you can buy the whole thing?

The interim report at 30-Jun-2015, shows net tangible assets of RMB475m (HK$594m) or about HK$0.092 per share. Turnover for the period was RMB111m, so if you annualize that you get RMB222m or HK$278m. So the shares are trading at about 20.4x NTA and about 44x turnover.

L&A (8195)

This is another bubble stock. L & A International Holdings Ltd (L&A, 8195) makes cashmere sweaters. It listed on 10-Oct-2014 after a placing at $0.06 per share (adjusted for the 10:1 split on 21-Apr-2015). In the placing, the top 10 placees received 89.74% of the float. It closed on 23-Sep-2015 at $2.92, up 48.7x since the listing. The market value is HK$11.68bn, compared with net tangible assets of HK$129m at 31-Mar-2015, or about $0.032 per share, so it trades at 90x book value. Revenue for the year was $350m, so it trades at 33x sales.

Despite this ridiculous valuation, or perhaps because of it, CEEI bought 69.384m L&A shares (1.73%) in the market from 17-Apr-2015 to 12-May-2015, spending a total of HK$112.7m or an average of $1.62 per share. This was announced on 12-May-2015. Of course, we don't know who the sellers were. Lucky them.

On 24-Jun-2015, the SFC issued a concentration warning, noting that 19 shareholders held 23.18% out of the 25% float.
Roundup

What you have seen here is a repeated pattern of abuse. The key steps in several transactions are:

  Position votes in friendly hands which are not visibly connected to controlling shareholders or executive directors, by issuance of new shares or transfer of existing shares.
  Arrange loan financing for any existing controller to take up entitlements, or even sell shares in the market with enough time gap to deter allegations of insider dealing.
  Announce either (i) a large, deep-discount open offer without excess applications; or (ii) a "special mandate" placing, which in the first case will need "independent" shareholders' approval and in the latter, just shareholders' approval.
  Use friendly votes to approve the proposal which damages the financial interests of anyone who cannot or does not put up cash (in the case of a placing, this isn't even an option).
  Complete the fund-raising and receive deeply discounted shares as the underwriter, sub-underwriter or placee of the shares.

Hong Kong deserves better if it wishes to make a claim to be a world-class financial centre.

© Webb-site.com, 2015
197 : GS(14)@2015-10-19 02:39:36

http://webb-site.com/articles/CAID.asp
CAID (0048) gains from umbrella bubble
10th October 2015

In our article Bubbles and Troubles in Hong Kong (24-Sep-2015) we noted that there were huge unrealised investment gains in the interim results of China Automotive Interior Decoration Holdings Ltd (CAID, 0048) for the 6 months to 30-Jun-2015 and that it had failed to disclose what these investments were, claiming:

"At 30 June 2015, there was no significant investment held by the Group"

Webb-site filed complaints with SEHK (under the Listing Rules) and the SFC (under the Securities and Futures Ordinance, that this was a false and misleading statement). Last night, CAID made an announcement, noting that "errors have been found" in this binary statement. So it was false. CAID now discloses 3 investments. The largest by far is about 227.3m shares (1.52%) of umbrella-maker China Jicheng Holdings Ltd (CJ, 1027). As we noted in the article, this stock is in a huge bubble. CAID says these shares were purchased for about RMB 7.9m (HK$9.9m) which implies that they were allocated in the IPO at HK$0.044 (split-adjusted).

At 30-Jun-2015, CAID's shares in CJ were valued at RMB 371.2m, or 48.7% of CAID's net tangible assets of RMB 761.9m. The other 2 holdings disclosed yesterday were 0.7% of Suncorp Technologies Ltd (Suncorp, 1063, also mentioned in our article) and 0.8% of China Properties Investment Holdings Ltd (CPI, 0736). CPI was also in a bubble and has dropped 89.5% from $2.37 to $0.25 since 30-Jun-2015. Suncorp was a bubble but peaked at $1.51 on 5-May-2015, and was already down to $0.52 by 30-Jun. It closed on Friday at $0.222, down 57.3% since the end of June. Meanwhile the umbrella bubble is staying up. By last night, CJ had only fallen 9.6% since 30-Jun-2015 and had a market value of HK$28.2bn, or 70.6x its net tangible assets of $399.6m.

In Chinglish, the CAID announcement says:

"Although the recent weakness in the stock market, the Board expects the performance of Significant Investments will still contribute positive return to the Group in the near future"

The Board does not give any reasons for that expectation. In our view, nobody could reasonably expect a bubble to grow larger or even to stay inflated, assuming that person did not know of any plan to make that happen. CJ accounted for 65.8% of the held-for-trading investments at 30-Jun-2015, and the other two holdings are down sharply, so it is hard to see how the overall portfolio returns "in the near future" could be expected to be positive. The Stock Exchange should require CAID to either justify that statement or withdraw it.

As readers will recall, CAID also holds 75m shares (7.82%) of Lerado Group (Holding) Co Ltd (Lerado, 1225) received at $0.60 each in exchange for a business sale. At the 30-Jun-2015 closing bid price of $0.59, these were worth HK$44.25m, or RMB 35.4m. So the 4 investments together amounted to RMB 514.6m, or 91.2% of CAID's investments. Lerado closed on Friday at $0.27, down 54.2% since the end of June.
Lerado next?

So now we have identified 2 shareholders of the umbrella bubble, namely CAID with 1.52% and China Environmental Energy Investment Ltd (CEEI, 0986) with 2.11%, out of the 25% float. As we noted in the article, CEEI also bought into the Suncorp bubble. Given the other identified connection between CAID and Lerado Group (Holding) Co Ltd (1225), we suspect that Lerado's massive market gains for the first half of 2015 also involve a shareholding in CJ, but so far, they're not saying. The SFC probably knows who held the stock at 27-Apr-2015, because it announced that 16 shareholders then held 96.1% of the float.

© Webb-site.com, 2015
中國 汽車 內飾 0048 8321 專區 關係 794 2228 692 295
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中國汽車內飾 (0048,8321)專區 (關係:794、2228、692、295)

1 : GS(14)@2014-08-16 21:42:23

http://realforum.zkiz.com/thread.php?page=0&tid=8324

以後用此專區代替舊專區
2 : ninomiyau(41302)@2014-12-31 10:53:52

日日都有個匯豐大盤沽落去,但手法完全唔似庒,散戶斬倉咁款....
隻嘢唔賣我都唔知上市嚟為乜....
咩新聞咩消息都冇...想悶死人....
3 : GS(14)@2015-03-19 16:25:21

....除董事會與數位獨立第三方就收購若干公司進行相討外....
4 : GS(14)@2015-04-09 02:10:22

盈利降20%,至1,400萬,9,000萬現金
5 : GS(14)@2015-05-26 20:39:22

1225買48股權
6 : GS(14)@2015-05-26 20:47:51

1225 買 48 的野
7 : GS(14)@2015-05-26 21:32:02

48 賣野畀1225
8 : GS(14)@2015-05-26 22:52:56

48賣野予1225
9 : GS(14)@2015-05-28 03:16:17

有關可能收購事項之諒解備忘錄
10 : GS(14)@2015-06-29 12:17:20

盈喜
11 : GS(14)@2015-07-09 23:14:20

批股價降至34.5仙
12 : greatsoup38(830)@2015-08-25 01:49:53

買垃圾膠
13 : greatsoup38(830)@2015-08-31 22:49:55

轉虧300萬,5.98億現金
14 : greatsoup38(830)@2015-09-15 01:53:45

cap 水
15 : greatsoup38(830)@2015-12-04 01:27:31

洗錢
16 : greatsoup38(830)@2015-12-06 23:26:29

Webb 提醒,這是購入康健系垃圾,包括集成控股(1027)
17 : greatsoup38(830)@2016-01-05 02:59:32

盈喜
18 : greatsoup38(830)@2016-04-05 02:48:43

48轉虧5,500萬,3.32億可變現資產,持有1225,1027
19 : greatsoup38(830)@2016-06-22 02:11:18

不談了
20 : greatsoup38(830)@2016-07-03 10:32:38

48買8100垃圾
21 : greatsoup38(830)@2016-07-03 10:32:38

48買8100垃圾
22 : GS(14)@2016-07-08 15:05:32

盈利警告
23 : greatsoup38(830)@2016-08-28 02:20:40

配售3.3億股@14.5仙
24 : greatsoup38(830)@2016-09-09 05:53:29

48認購1225股
25 : greatsoup38(830)@2016-09-18 23:13:52

盈利增6倍,至700萬,1.7億現金
26 : GS(14)@2016-10-15 04:03:29

8100、1226和48合資搞證券行
27 : greatsoup38(830)@2017-01-11 04:22:21

盈警
28 : GS(14)@2017-04-03 03:48:14

虧損降7成,至1,500萬,2.7億可變現資產
29 : GS(14)@2017-04-22 09:45:22

自願公告
合營公司之資料
謹此提述中國汽車內飾集團有限公司(「本公司」)日期為二零一六年十月十四日
及二零一七年四月五日之公告(「該等公告」),內容有關就成立合營公司以投資於
智易東方證券有限公司之須予披露交易。除本公告另有界定外,本公告所用詞彙
與該等公告所界定者具有相同涵義。
除於該等公告披露之資料外,本公司謹此於下文提供合營公司之資料。
合營公司之資料
合營公司為Prominent Alliance Limited(「Prominent Alliance」),一間於英屬處女群
島註冊成立之有限公司。Prominent Alliance分別由KEEN CAPITAL、BAIYE及智易
東方控股擁有42%、28%及30%權益,其主要從事投資於智易東方證券有限公司。
30 : greatsoup38(830)@2017-07-27 02:00:58

本公司董事會(「
董事會
」)謹此知會本公司股東及潛在投資者,根據初步審閱本集
團之未經審核管理賬目,預期本集團截至二零一七年六月三十日止六個月將錄得
虧損。該虧損乃主要由於截至二零一七年六月三十日止六個月可供出售金融資產
之減值虧損約人民幣
190,000,000
元所致。
31 : greatsoup38(830)@2018-04-09 00:38:44

虧,輕債,持1027
32 : GS(14)@2018-04-09 01:03:35

虧,輕債,持1027
33 : GS(14)@2018-08-30 03:07:18

虧,輕債
中國 汽車 內飾 0048 8321 專區 關係 794 2228 692 295
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海日灣II改模式出價單 首批295伙 開放式戶入場費360萬 區內新低

1 : GS(14)@2019-04-16 18:39:39

https://www.mpfinance.com/fin/da ... 4554&issue=20190416
【明報專訊】去年底一直未有公布價單、僅以純招標開售至今累沽逾300伙的億京大埔白石角海日灣,項目毗鄰、單位總數達1408伙的大埔白石角海日灣II,昨日以折實平均13774元首推295伙,成同系海日灣去年11月推售以來,兩期住宅項目的首張價單。另海日灣II首張價單內,54伙開放式戶的折實價均低於400萬元,為白石角最低入場費新盤。

明報記者 林可為

地產建設商會本月初召開特別會議並達成共識,要求所有「非豪宅」全新盤首輪開售的兩成單位,須發價單公開發售以增加賣樓透明度。此外,上周五運輸及房屋局亦公布,一手成交紀錄冊內須列明折扣回贈及贈品等外,更要求地產代理在未取得發展商書名同意前,不得私自發放建議投標價,以便針對招標成風的新盤。至昨天,市場關注的海日灣II最終公布首張價單。

折實均呎13774元 高於毗鄰盤4%

海日灣II是繼中海外(0688)天鑽、信置(0083)逸瓏灣8之後,大埔今年第3個全新推售新盤;若相對白石角同區、位置相若的逸瓏灣8,1月市况仍未全面回復熾熱時,首推108伙的折實平均實呎13,228元,海日灣II首批折實平均13,774元,輕微高出約4%,反映發展商開價未算太進取。

海日灣II首推295伙,符合地建會「非豪宅」全新盤首批開售單位的價單,須佔項目單位總數20%的新指引。今批首推單位,實用243至1866方呎、涵蓋開放式至4房標準戶。億京提供的優惠相對簡單,即供付款可享最高7.5%直減折扣,單位折實呎價12,654至15,420元,整批折實均呎約13,774元,單位折實售價由359.82萬至2661.59萬元。

海日灣II首張價單內,除54伙實用240餘方呎開放式戶的折實價,低於400萬元外(359萬至383萬餘元),亦屬白石角最低入場費新盤。值得一提的是,與1期比較,海日灣II位置上較接近吐露港公路,所享海景料較1期單位為少。

雲滙昨招標再沽34伙

至於海日灣,去年11月開售並沒有出價單,至今累積標售逾300伙,佔項目單位總數667伙的45%,近日分層戶平均實呎1.7萬餘元;如昨日最新售出的Court C第1座6樓B室,實用504方呎,透過招標以871.8萬元售出、實呎17,298元;另項目去年底至今也售出5幢洋房,成交價1.19億至1.32億元。另新地以提供一籃子回贈作招徠的同區雲滙1期、2期,昨最新再透過招標形式售出約34伙,令4月累售單位總數突破200伙。
海日 日灣 II 模式 出價 首批 295 開放式 開放 入場 360 區內 新低
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