GEM internal constituent stocks

Description

yesterday morning and innovative high point from 1000 has been less than 4 points, but then a rapid dive, closing up only 0.07%, six days since the first underperformed the broader market, rising momentum or terminated.From the K line, nike air max 2013 uk    the GEM index started from the end of December last year, since then almost did not encounter big pullback consolidation, up 996.59 points yesterday, only less than 4 points from 1000 points. GEM refers to the last time more than 1,000 points in 2010.Media yesterday said the existing two companies received a notice of closure volume, industry insiders believe that this means that the resumption of the IPO grew farther and near. This message not only once again interfered with the motherboard market, became a lead to the GEM high dive “fuse”.Suspended since the IPO last year to reduce the diversion of funds within the GEM, so that part of the funds can focus on speculation, to some extent contributed to the prosperity of the GEM. Once the resumption of the IPO speculation GEM is a blow.Some analysts believe that the IPO is not the main reason for the withdrawal of funds. In the GEM had beautiful behind the stock market, stock indexes pressure is rising sharply. From the the current valuation point of view, some stocks have significantly beyond the average valuation of the large-cap stocks, funds only the profit profit the impulse

will gradually increase.The performance ugly speculation but crazyOne side is the eye-catching performance of the secondary market, the other side of the the GEM performance is not satisfactory. According to the “Securities Times” data statistics of the Ministry from 2009 to 2012, with the comparable data GEM companies net profit year-on-year change of 50.18%, 41.80%, 17.73% and -7.13%, can be seen, the GEM companies for three consecutive The overall growth performance in the downward direction. Statistics listed 153 GEM companies, 3-year increase of only 14 companies in the past three years, compound annual growth rate of over prior to listing.In nike air max 2012 mens   addition, the A-share listed companies disclosed in the 2012 Annual Report 2012 listed company’s operating income rose by more than 9%, but net profit growth of just over 1% of income does not increase profits characteristics are more obvious in the annual and quarterly reports, and The gross profit margin of listed companies has also been challenged. This situation is most apparent in companies listed on GEM. The GEM 354 last year achieved operating income of 191.9 billion yuan, an increase of 16.1%; creating a net profit of 24.76 billion yuan, down 6.2%.Single quarter from the first quarter of this year, the companies listed on GEM average and achieve revenues of 122 million yuan, an increase of 14.02%; averaged a net profit of 13.906 million yuan, down 3.76% compared with last year’s 14.45 million yuan.In fact, does not look good from the companies listed on GEM performance point of view, financial speculation

speculative element. Some experts pointed out GEM internal constituent stocks of the good and the bad, “pseudo-growth,” the stories are not unusual. GEM loss last year, the company more than 30 for the first time in the current macroeconomic environment unfavorable context, the relatively weak anti-risk ability of small and medium-sized companies in the GEM.Shareholders busy cash alarmingIt is worth noting that the beautiful and secondary market contrary, significant shareholders this year, the GEM stocks nearly 90 billion cash holdings in the secondary market. Chi-organisms have been significant shareholders cash holdings of 808 million yuan, the nike air max ltd 2 uk   stock rose 18% year-to-date, the latest price-earnings ratio of 70 times. Clean water source has been significant shareholders of 553 million yuan cash, the stock rose nearly 40% year-to-date.With the secondary market speculation GEM continues to heat up, the most significant shareholders familiar with the company’s business may be more familiar with the situation.Most analysts believe that, whether to restart the IPO, the the GEM risk of greater than opportunities, stock market outlook differentiation is very likely.GEM valuation higherQilu Securities estimates