Hello everyone, I am your old friend asking for money! The second senior brother Zhengbang plans to transfer 10 subsidiaries in one go for ten yuan. Is it a cheap transfer of assets or a cosmetic report? Viewed through F10, Zhengbang controls 87 subsidiaries, and the consolidated

Hello everyone, I am your old friend asking for help!

The second brother Zhengbang plans to transfer 10 subsidiaries in one go. is priced at ten yuan . Is it a cheap transfer of assets or a cosmetic report? Viewed through F10, Zhengbang controls 87 subsidiaries, and the consolidated statements account for 84 of them. These 10 subsidiaries are all loss-making enterprises. Both the annual report and the first quarter report last year were insolvent. If liabilities are included, the net assets are both is a negative number.

If this transfer is completed, the major shareholder Zhengbang Group will obtain 49% of the equity. Listed Zhengbang will still have control and will still be consolidated in the statements of listed companies.

Although Zhengbang is currently in trouble when it is listed, it is still unkind for Zhengbang to do this. Isn't this similar to some plots in real life: "I am all for your own good!"

In this transfer, kills two birds with one stone and gets . Listed Zhengbang throws all the burden of losing money to major shareholders. The liabilities in the balance sheet are reduced, which will overall make the statements of listed companies look better. Secondly, by transferring part of the equity without losing control, these subsidiaries will fend for themselves. , let's just leave it to fate. If the pig cycle comes smoothly, these companies may have profits in the future and will be merged into listed companies. If they continue to lose money, it will be reflected in the statements of listed companies better than before the transfer.

Perhaps for this reason, the board of directors voted unanimously to approve it. However, this matter must be approved by the shareholders' meeting and will be voted on again on July 19.

After the transfer was completed, there was no loss to the major shareholders. They picked up several pig farms almost for nothing. These pig farms can make money, and Zhengbang Group will enjoy the profits. If it continues to lose money, these money-losing pig farms will die naturally. That is, just decide not to invest any more money.

This happened precisely because it made Zhengbang Group cheaper, not to mention that meat prices have been rising for several weeks and are beginning to show signs of improvement. If this is done, some people will definitely scold the listed company for transferring assets at a low price. Although it is a loss-making company, Who can guarantee that they will not turn around in the future? Even Zhengbang, which is listed, is losing money. Can it be transferred out as well? One yuan per enterprise is really worth the price of water.

I think the higher-ups may still ask about this matter. I will see if there is any inquiry letter on Monday. Even if I don’t ask, the shareholders’ meeting on July 19 may not be passed. Today’s small and medium-sized retail investors are not stupid. It is impossible not to do so. Understanding the thoughts of Zhengbang Group, some people did not even read the content, and some directly voted against it, but more people still chose to remain silent.

Is this a good thing for or a bad thing for ? Will fall to the limit or to rise on Monday? However, judging from the recent frequent actions of the company, the company is really paying attention to dealing with the debt problem, because Zhengbang’s current liabilities are close to 30 billion, all within one year. If you can't survive the pig cycle, you may be the next Eagle Agriculture. This transfer has reduced the debt to a certain extent. This transfer also reflects the anxiety of the company from the side, and it has reached the level of needing to risk the world's disapproval. Even when the price of pigs rises, this strategy must be taken. It can be seen that the capital chain of the enterprise has reached a very tight level. If Zhengbang convertible bonds fall below the face value, they will still face a sell-back of 1.1 billion. This cannot be thought of elsewhere. The commercial note defaulted, and the money had to be paid in real terms, so Zhengbang was ambushed in front of him and pursued by soldiers behind him. The situation was very unfavorable to him.

After reading the above analysis, you should have a rough idea. But it does not exclude some people from doing the opposite. The fluctuations may be more severe, but convertible bonds are much more stable than the underlying stocks at this time. In fact, this matter is also in line with the previous judgment. The last time I wanted to take advantage of the photovoltaic concept, I was blocked. Exposing it, this time it was a plan that failed, and another one was used, much like Haiyin back then.

convertible bond new list

silver micro convertible bond, the main stock is engaged in the research and development and production of semiconductor discretes, including new energy vehicle concept, BYD concept, automotive electronics concept, scale of 500 million, Jiangsu Changzhou enterprise, rating A+, transfer The stock value is about 99. Compared with the premium rate of 27 for the benchmark Jiejie convertible bonds, the reasonable price should be around 127. Currently, the proportion of bonds and is relatively high. The circulation scale is small, possibly less than 300 million, and the probability of speculation on the first day is high. .

More useful information can be found in the wells!