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"My eyes are green!" Golden Throat Plummets 40% in 5 Minutes

author:Delin Society

How can people not be knifed when they are floating in the rivers and lakes? In the capital market, every day is a few joys and a few sorrows. There are champagnes whose stock prices have soared, and there are noodles that have plummeted in stock prices.

There is a kind of knife that makes the shareholders very uncomfortable, that is, the fast knife that falls sharply. The shareholders were caught off guard and could not even run. It is said that long pain is not as good as short pain, and it is not applicable in the capital market.

On December 1, two stocks staged a sharp decline in the market, 1 second down stop! 5 minutes plunged 40%. Some shareholders complained, "The eyes are green when they fall!" "What the hell is going on?

7,800 shareholders ate a bowl of noodles. Rundu shares opened in just 1 second to seal the fall stop board, and there were more than 50,000 hands on the disk to sell orders to "escape". As of the noon close, Rundu shares were quoted at 30.86 yuan, with a total market value of 5.731 billion yuan.

"My eyes are green!" Golden Throat Plummets 40% in 5 Minutes

Stock prices plummeted, shareholders fried the pan, saying anything. Like what:

"The whole people cheer for the strict control of electronic cigarettes, the provisions are clear, the domestic can only be extracted with natural tobacco, rundu investment is wasted, can only be exported abroad, fierce competition." No wonder these two days plummeted, and the main force fled in a hurry. A small number of pallets of funds are used as cover. Intense pan head. ”

The sharp decline was also related to a piece of news.

On November 30, according to the national standard information public service platform, the status of the national standard for electronic cigarettes was changed to "solicit opinions", and the draft for comments proposed that "the concentration of nicotine in the atomide should not be higher than 20mg/g, and the total amount of nicotinoid should not be higher than 200mg".

Nicotine, also known as nicotine, is the main chemical component and main addictive component of cigarettes. As soon as the news came out, the E-cigarette concept of the US stock market, Wuxin Technology, fell by 19%.

"My eyes are green!" Golden Throat Plummets 40% in 5 Minutes

Rundu shares have said that "the company's future production of nicotine can be used in the field of electronic cigarettes, and its cost of electronic cigarettes is a variable." Since the Rundu joint stock business involves nicotine, it belongs to the concept stock of e-cigarette.

Rundu shares is an interesting company. In terms of stock price, the company rose from a high of 14.28 yuan at the beginning of the year to 40.5 yuan, an increase of 183.6% during the year, becoming a double bull stock.

However, the company's fundamentals are not prominent, and the first three quarters of revenue and net profit are in a state of decline. And it is not a hot object of the institution, generally speaking, the institution is not enthusiastic about a stock, look at the number of research reports of the brokerage.

Securities software shows that from 2017 to now, no institution has issued a research report for Rundu shares. In the main position, the number of institutions has always been in single digits. Such a company has doubled its stock price this year, which makes people understand.

Now, the stock price of Rundu shares is not only so simple as falling to a stop, the first two days are also a big fall, the last 3 days of decline reached 23%, which is a horror.

Some people in the rundu shareholder group of the scale said, "Miserable, never been so miserable since its listing!" The eyes of the fall are green", "Fortunately, yesterday I cut the meat and left, otherwise I would have eaten a lot of noodles." What do you think about the sharp decline in Rundu shares?

"My eyes are green!" Golden Throat Plummets 40% in 5 Minutes

Rundu shares fell to a halt, is it already very scary. But in front of the following Hong Kong stocks, it is still the same performance as The Axe.

At the opening of the market on December 1, the golden throat fell more than 40% in 5 minutes. As of press time, Golden Throat quoted HK$1.71, still down 33.46%, with a total market capitalization of HK$1.264 billion.

"My eyes are green!" Golden Throat Plummets 40% in 5 Minutes

Why the sudden plunge? Mr. Kim said the privatization proposal had not been passed by the court and general meeting of shareholders, that the plan would not be implemented and had lapsed, that the offer period had ended and that the shares would remain listed on the Stock Exchange.

The translation is that privatization is yellow, and I can't get out of the market. In common sense, shouldn't stocks that are to be delisted plummet? It should be a great thing that you can't get out of the market, how can it cause a plunge? The reason is too bizarre.

In fact, this is not complicated, privatization is an active delisting, usually proposed by the controlling shareholder, in cash and other ways from other minority shareholders to buy back the shares, so that the listed company becomes a private company, thereby delisting and delisting.

As soon as I heard that the controlling shareholder was going to buy shares, there was wool to be stolen, and those who held shares were reluctant to sell, and there was no rush to buy the stock, and eventually formed a big rise. Once the privatization is yellow, the stock price is expected to rise, so it falls back to the price before the privatization is announced.

Earlier, Golden Throat announced that it expected to withdraw its listing status on the Stock Exchange on December 15. "Protect your throat, please use a golden throat throat piece, Guangxi golden throat!" Golden Voice was once a household name. After only 6 years of listing, why should it be delisted?

In 1992, the sales of Liuzhou Confectionery Factory led by Jiang Peizhen plummeted and went bankrupt, eager to find new products. Wang Yaofa, a professor of biology at East China Normal University, is developing a formula for the treatment of chronic laryngitis, which was donated to the candy factory free of charge.

What really made Golden Voice famous was world footballer Ronaldo. Circulating on the Internet, in 2003, Ronaldo came to China, Jiang Peizhen fooled him into shooting an advertisement, which was repeatedly broadcast on CCTV for 4 years, and the golden voice suddenly caught fire.

However, when the Ronaldo brokerage team saw the advertisement, they were angry, saying that they had illegally used Ronaldo's portrait and did not give the endorsement money. "Ronaldo was fooled" became the most controversial event in the history of golden voice marketing.

Later, Jin Throat "debunked the rumors", saying that since 2003, he has signed a number of agreements with Ronaldo, stipulating that Ronaldo will act as a spokesman, and there is no "flickering" situation.

Golden Throat products are on fire, but after the listing, Golden Throat has been facing the dilemma of a single product, and the revenue performance has basically stood still. The two products of Golden Throat Throat Treasure and Golden Throat Throat Tablets account for 90% of revenue, and sales have reached the ceiling.

Golden Voice himself admitted that the company lacked growth momentum and intended to privatize and delist to introduce capital, seek transformation, and achieve long-term growth in revenue and new product development.

At its peak, Golden Throat had a market capitalization of HK$6.2 billion, and now it is only HK$1.264 billion, down 80% from its highs. Performance growth is weak, stock prices are sluggish, golden throat privatization and investment transformation, and helplessness also has the meaning of facing a new life.

But now that the privatization of Golden Throat has failed, what is the future outcome of Golden Throat? What do you think?

Whether it is A-shares or Hong Kong stocks, the risk must be the first. Many people come to the capital market, thinking that they can weave sweaters with wool, and if they are not careful, not only can they not pick up wool, but they will also put their own wool sweaters into it.

Investing is a practice, and it is done and cherished.

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