The delisting alarm sounded!
Approaching the end of the results disclosure season, the number of delisted companies in the A-share market is increasing!
It is worth mentioning that the companies that have recently been delisted are mainly concentrated in the delisting at par value, followed by touching the financial delisting indicators!
A simple combing, since the end of April, ST Meisheng, ST Mingkong, ST Xinfang, ST Zhongnan and other companies have touched the face value and delisted!
Companies with a stock price of less than 1 yuan in the near future should pay attention, don't take advantage of the fire!
After the market, another company locked the face value in advance and delisted!
This company is the veteran Shanghai real estate developer - ST Shimao!
It is understood that at present, ST Shimao's share price has been below 1 yuan for 1 consecutive trading day, and even if the follow-up stock price continues to rise, it is difficult to return to above 1 yuan, so the face value is locked in advance and delisted!
ST Shimao has repeatedly issued announcements to remind that the company's shares may be terminated from listing!
From the perspective of the secondary market trend, the company's stock price has fallen rapidly since April, during which the stock price has fallen by as much as 41% for 6 consecutive trading days, nearly halved;
In the long term, ST Shimao's share price soared to 35.2 yuan per share in 2007, and also soared to 27.17 yuan in the 2015 bull market.
As of the latest closing, the company's share price was 0.64 yuan shares, compared with the high point in 2007, the company's share price has fallen by 97.87%, and the total market value has shrunk to 2.4 billion yuan;
Statistics show that the company has repurchased 144 million shares in total, with a repurchase amount of 171 million yuan;
As of the end of the first quarter of this year, the number of shareholders of the company was 36,700 shares, which has declined for two consecutive periods, and the number of shareholders decreased by 5,400 during the period;
From the perspective of performance, the performance of this veteran Shanghai real estate developer has declined sharply in the past two years, with losses of 4.52 billion yuan and 8.9 billion yuan in 2022 and 2023 respectively, with a loss of 13.5 billion yuan!
In addition, ST Shimao also said that it failed to pay debts on time with a total of more than 12.3 billion yuan, and the company is still facing the problem of tight liquidity.
In recent years, under the downturn in the real estate industry, many real estate companies have been delisted, such as Sunshine City, Tahoe Group, Oceanwide Holdings, Blu-ray Development, etc.;
Since the beginning of this year, there have also been a number of real estate companies sounding the alarm of delisting, in addition to ST Shimao, as well as ST Zhongnan, the company's share price has been locked in par value and delisted;
It is worth mentioning that there are a lot of good things about the direction of real estate recently, such as foreign institutions are optimistic about our real estate industry, and some cities have released purchase restrictions and so on!
Some market participants predict that it is not ruled out that the village will introduce relevant measures to boost the real estate industry!
Stimulated by the above news, the real estate sector index rose by nearly 10%, and some real estate stocks rose strongly, and the plate once set off a rising tide!
For some real estate stocks that have risen sharply recently, investors should sort out their fundamentals and do not blindly chase high to enter the market!