Monday, June 24, 2013

鉅大14勇士

見到施永青先生話《am730》員工分紅制度由每半年改為每季度派發,值得可喜可賀,但每季要計業績,方可獲知分紅情況,反映《am730》有能力編製季度業績,分分鐘比每半年才公布一次業績的上市公司為快。

不過,業績好方有分紅,況且做免費報紙似乎不容易,有傳媒集團想併購其他免費報紙以擴大版圖,而上周經濟日報集團(423)公布3月底全年業績,純利逾6,199萬元,比中期僅賺115萬元大幅改善,但計及一項出售物業收益6,840萬元,若果扣除這項非經常收益的話,可能見紅,反映免費報章業務影響非淺。

上周提及半新股鉅大國際(1329)業績持續走樣,但股價於上周五收市報2.33元,較上市定價1.1元竟然仍累漲1.1倍,再望望其股價走勢圖,自4月3日才1.61元,於4月5日急彈至2.15元,再於4月9日升至2.6元,即短短數日間暴升61%。

直至本月中,證監會調查才發現,於5月28日,除了大股東蔡念慈持75%股權外,原來有15名股東持有23.07%股權,代表其他街貨僅佔1.93%而已。更恐怖的是,在這批15名股東,竟然其中14名股東所佔21.67%股權全部從當時招股時獲配售所得,按當時配售股份計,這14位股東已佔當時配售比重達95.6%之多。

當然,長情股東如美國股神巴菲特的大有人在,況且這14位股東無懼公司盈利持續倒退,長情投資換來現在每股帳面獲利,證明「眼光獨到」,但以一間發行股份2億股的公司來看,扣除大股東和14位高手的貨計,街貨碩果僅存666.4萬股。

一間股權集中的公司,加上業務簡單,況且市值才約4.6億元,細細粒容易食,實在是成為「靚殼」的條件,會否因此分心而不專注業務呢?

另一隻被證監公開的股份,是由兩名主要股東於4月30日時,已持有多達81.31%股權的瑞東集團(376),還有12名股東共持15.74%股權,即其他股東手上的股份數目才2.95%,即逾1,133萬股而已。

該集團於月初配售2,700萬股新股予不少於6名投資者,每股3.05元,抽水8,235萬元,但之後成交股數仍僅數萬股,該集團股價上周五更逆市升0.3%,至3.15元,僅得8,000股成交,但接貨者帳面仍有賺。

過去4年,有50間次的上市公司出現股權集中情況,而所謂間次,乃因部分上市公司如新洲印刷(377)和超越集團(147)等出現不止一次股權集中情況。這類公司貨源歸邊,易炒與否見仁見智,但像南華早報集團(583)因兩名股東不願攤薄而令公眾持股量不符25%規定,即使委任財務顧問幫手仍不得要領,由2月底停牌至今來看,就對其他股東相當慘烈。

(6月24日刊於《am730》)

6 Comments:

At 9:06 AM, Blogger oakleyses said...

air max, burberry outlet, true religion jeans, louboutin, louis vuitton outlet, louboutin, ray ban sunglasses, tiffany and co, coach outlet store online, oakley sunglasses cheap, christian louboutin shoes, longchamp outlet, louis vuitton, true religion jeans, tory burch outlet, kate spade outlet, kate spade handbags, oakley sunglasses, jordan shoes, polo ralph lauren outlet, louis vuitton outlet, louis vuitton handbags, coach outlet, prada outlet, ray ban sunglasses, chanel handbags, michael kors outlet, longchamp handbags, michael kors outlet, oakley sunglasses, nike shoes, air max, coach purses, michael kors outlet, longchamp handbags, louis vuitton outlet stores, nike free, prada handbags, coach factory outlet, gucci outlet, tiffany and co, louboutin outlet, michael kors outlet, polo ralph lauren outlet, michael kors outlet, burberry outlet, michael kors outlet

 
At 9:32 AM, Blogger oakleyses said...

louboutin, moncler outlet, juicy couture outlet, iphone 6 cases, hollister, moncler, karen millen, oakley, baseball bats, wedding dresses, ray ban, gucci, canada goose, ralph lauren, canada goose, swarovski crystal, hollister clothing store, moncler, air max, converse, pandora jewelry, juicy couture outlet, rolex watches, moncler, supra shoes, moncler, pandora charms, ugg, vans, toms shoes, links of london, pandora charms, air max, timberland boots, parajumpers, hollister, thomas sabo, louis vuitton, montre homme, coach outlet store online, lancel, ugg, swarovski, moncler, converse shoes

 
At 3:33 PM, Anonymous Anonymous said...

ninest123 16.01
oakley sunglasses, cheap oakley sunglasses, michael kors outlet, louboutin, longchamp outlet, michael kors outlet, uggs on sale, nike air max, louis vuitton, louboutin shoes, christian louboutin outlet, polo ralph lauren outlet, burberry, ugg boots, michael kors outlet, nike air max, ray ban sunglasses, michael kors, ray ban sunglasses, michael kors outlet, replica watches, chanel handbags, jordan shoes, ugg boots, louis vuitton, prada outlet, oakley sunglasses, ray ban sunglasses, longchamp outlet, louboutin outlet, gucci outlet, louis vuitton, burberry outlet online, prada handbags, michael kors outlet, louis vuitton outlet, longchamp, replica watches, oakley sunglasses, polo ralph lauren outlet, tiffany jewelry, louis vuitton outlet, nike outlet, tory burch outlet, oakley sunglasses, tiffany and co, ugg boots, nike free, ugg boots

 
At 3:35 PM, Anonymous Anonymous said...

michael kors, michael kors, hogan, oakley pas cher, nike air max, mulberry, ray ban pas cher, nike air max, longchamp, converse pas cher, ralph lauren uk, nike free run uk, true religion outlet, replica handbags, nike trainers, abercrombie and fitch, air force, hermes, true religion jeans, nike free, air jordan pas cher, vanessa bruno, nike roshe run, lacoste pas cher, longchamp pas cher, nike huarache, hollister, nike roshe, north face, north face, ralph lauren pas cher, true religion jeans, burberry, sac longchamp, vans pas cher, tn pas cher, michael kors, michael kors, coach purses, nike blazer, sac guess, new balance pas cher, nike air max, hollister pas cher, true religion jeans, coach outlet, louboutin pas cher, ray ban uk, lululemon, air max, timberland

 
At 4:19 PM, Blogger zzyytt said...

adidas tubular UK
adidas ultra boost
adidas store
chrome hearts
tom ford sunglasses
yeezy boost
moncler jackets
nike roshe run
longchamp
adidas yeezy
kyrie 3
pureboost
yeezy
james harden shoes
longchamp longchamps
air force ones
adidas yeezy boost
cheap mlb jerseys
pure boost
nike roshe one
curry 2
fenty puma
red bottoms
nba jerseys
yeezy shoes
kobe 9
michael kors purses
tom ford glasses
zx flux
yeezy boost
mlb jerseys
moncler outlet
jordan retro
michael kors
kyrie irving shoes
basketball shoes
caterpillar shoes
michael kors handbags
air jordan 11
true religion
adidas nmd
tory burch shoes
hermes handbags
hermes bag
huarache shoes
true religion jeans
lacoste online shop
adidas stan smith
yeezy boost 350
nike free run
golden goose sneakers
nmd r1
nhl jerseys
ferragamo belt
adidas ultra boost
nike sneakers
adidas flux
nike air vapormax
ysl handbags
van cleef arpels
nike lebron 11
adidas nmd
adidas eqt
nike hyperdunk 2017
nike outlet store online shopping
links of london
adidas stan smith uk
lebron 15 shoes
golden goose
off white clothing
michael kors outlet
cheap jordans
chrome hearts outlet
dior sunglasses
nike cortez
asics gel kayano
michael kors outlet
off white hoodie
puma fenty
iniki
pandora bracelet
asics sneakers
kobe byrant shoes
cheap nfl jerseys
nike hyperdunk
yeezy boost 350 v2
nike roshe
tom ford sunglasses
christian louboutin shoes
yeezy boost 350

 
At 4:23 PM, Blogger zzyytt said...

goyard wallet
balenciaga
nike polo
chrome hearts online
michael kors outlet
jordan 12
zx flux
cheap nhl jerseys
hermes handbags
nike flyknit

 

Post a Comment

<< Home