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2 convertible bonds are a win-win situation, and 2 are downward

author:Invest in convertible bonds
2 convertible bonds are a win-win situation, and 2 are downward

This article was originally sent yesterday evening.

2 convertible bonds are a win-win situation, and 2 are downward

The Jinpan convertible bonds meet the redemption conditions, and the company announces forced redemption, see the redemption information list for details.

The downward revision proposal of Liqun convertible bonds was passed. The company announced that the transfer price was revised down to 4.9 yuan, which was basically consistent with the forecast in yesterday's article, and it was revised down to the end. After the downward revision, the value of the convertible bond rises to 102 yuan, and the reasonable price of the convertible bond is expected to be 120 yuan according to the approximate size, rating and conversion value. A win-win situation for both the company and the holders, and everyone is happy!

The downward revision of the secret guard's debt swap was passed. The company announced that the transfer price was revised down to 57 yuan, slightly higher than the minimum revision price of 54.85 yuan, which was basically revised down to the end. After the downward revision, the value of the convertible bond rises to 104 yuan, and the reasonable price of the convertible bond is expected to be 123 yuan based on the approximate size, rating and conversion value. A win-win situation for both the company and the holders, and everyone is happy!

The 7th is the review date for the downward revision of Mingdian's debt conversion and Mingdian's 2 transfer. The major shareholders are non-convertible bonds, have voting rights, and are expected to pass without suspense. The average price of the underlying stock in the first 20 days was 11.839 yuan, and the average price in the first 1 trading day was 12.089 yuan, with a net asset limit of 6.16 yuan per share, and the price of the downward revision was 12.09 yuan. If it is revised downward, the static calculation of the value of the two convertible bonds will rise to 100 yuan, and the convertible bond price is reasonably positioned around 123 yuan.

For the views and principles of this article, please refer to "Value Convertible Bond Investment Strategy" (authors: Ning Yuanjun, Tang Bin).

2 convertible bonds are a win-win situation, and 2 are downward

"Good luck", "obvious characteristics of the bull market", "4 convertible bonds are not repaired, 6 convertible bonds are queued", "1 convertible bond redemption, 4 convertible bonds are queued" have been posted simultaneously on the WeChat public account, welcome to pay attention!

The relevant securities mentioned in this article do not constitute any investment advice, only for personal investment records and to share investment ideas, if netizens buy and sell according to the securities mentioned in the article, please bear your own risk!

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