1. The initial purpose of the stock market was to solve the difficulties of state-owned enterprises.
There is a state-owned enterprise A, which is dying and has no money to develop. What shall we do? Try to find money. By the way, it is listed financing.
First of all, we need public relations listing indicators, not to mention how deep the water is. Then A packaged some of the company's assets, including garbage, and set up a B-share company. The assets invested by Company A account for 70% of B shares, and the remaining 30% of B shares are publicly issued in the market at the issue price of 5 yuan/share. In this way, Company B went public. Attention, everyone
A 70 yuan invested 70% of the shares. Retail investors 150 yuan, accounting for only 30% of the shares.
This is why there are many companies with excellent performance in 1 year, with poor performance in 2 years and losses in 3 years.
2. Company B's income reached 10% for three consecutive years, and it did not pay dividends for three years, but decided to issue shares. There are 3 shares for every 10 share, and the price is 6 yuan, so the major shareholder has no money to give up. So retail investors bought 9X6=54 yuan. Attention, everyone:
At present, there are 39 retail investors, accounting for 39/ 109=36%, with a total investment of 150+54=204 yuan. Company A contributes 64% of its capital to 70 yuan.
3. After that, Company B lost money for three consecutive years, did not pay dividends, and changed its STB.
The state decided to carry out the shareholding system reform, and Company A distributed its shares to retail investors free of charge according to the principle of 10. Look, it's great. It's free. Haha, don't be too happy. Keep reading. Attention, everyone
At present, retail investors account for 39X130%109 = 47%, and the total investment 150+54=204 yuan. Company A contributes 53% of its capital to 70 yuan.
The key point is that the market price of STB company is now in 4 yuan, and the total retail sales is 39X 130%X4=203 yuan. Company A (70-(39X30%))X4=233 yuan, while Company A is poorly managed and Company B is ST, but the assets of Company A have increased by three times.
4. don't worry, there is still the following.
If you are lucky enough, or have inside information like that university professor, you still have a chance to break out. Do you know why some people do so-called reorganization? Will there be a living Lei Feng in the stock market?
The answer is "no". Then why is someone willing to spend 500 million to reorganize company B? In fact, this is a very simple arithmetic problem. If the reorganization of Company B is successful, the share price will rise to 15 yuan/share. You see, first of all, the assets of major shareholders will increase to 233X3=699.
Retail 203X3=609.
Are you sure you are still among retail investors? Will this outbreak give you a chance? No, because you are not a university professor or your wife is not a department-level cadre. It's that simple.
So spend 500 million to reorganize company B, just to earn 5 billion in the market.
5. Next, you should sell your shares for free, and carry out your share reform. The major shareholder should reduce his holdings, and the share price will fall below 10 yuan, or 5 yuan. You may say, impossible, the absolute value of my stock is 15 yuan, alas! ! ! You are wrong again. The value of stocks is false. The most important thing is that the major shareholder can sell it at 10 yuan and then sell it back in 2 yuan. There are 100 cheating methods. ! ! Imperfect legal system is an unavoidable problem! ! !