Although the company with wireless communication module and solution business is in the 5g concept sector, its performance since IPO has disappointed shareholders.
In the first quarter of 2018, 2019 and 2020, the net profit attributable to shareholders of the listed company of MEG smart was 46.6556 million yuan, 24.4533 million yuan and 4.251 million yuan, respectively, with a year-on-year growth of - 17.11%, - 47.59% and - 31.96%. On the one hand, the decrease of profit is related to the increase of R & D investment, on the other hand, the decline of the companys precision component business.
There are four shareholders involved in the lifting of the ban. Two natural persons are Wang Ping, chairman and general manager, Wang Cheng, vice chairman, Shenzhen Zhaoge investment enterprise (limited partnership) and Shenzhen Fenghuangshan Cultural Tourism Investment Co., Ltd.
The issue price of MEG smart is 8.96 yuan / share, during which the distribution scheme of 7 shares per 10 shares has been implemented, and the cost of issue price has been reduced to 5.27 yuan. At present, the companys share price is 23.75 yuan, and the four shareholders who lifted the ban have gained 3.5 times since the share price rose. This income does not include dividend income, and the original shareholders cost of holding shares is far lower than the issue price.
Some shares of Wang Ping and Wang Cheng are in the state of pledge, which shows that they have a large demand for funds. The lifting of the ban on restricted shares does not exclude that the two will reduce their holdings in the secondary market in order to ease the demand for funds. Specifically, it focuses on whether the listed company will disclose the plan of reducing shareholders holdings.
Details of lifting the ban on restricted shares of MEG smart
On the whole, due to the small and Long Dragon Boat Festival holiday, there are only three trading days this week, and the scale of lifting the ban on restricted shares has declined significantly. According to wind data, 40 companies listed 1672 million restricted shares this week, with a market value of 20.428 billion yuan.
According to statistics, there are 6 listed companies with more than 100 million shares of restricted shares, namely Hualian (000882. SZ), deshengli (603335. SH), Baiyin Nonferrous (601212. SH), Meige intelligence, Chujiang new material (002171. SZ) and Yidelong (603380. SH).
At the same time, the market value of this weeks lifting ban is relatively scattered. There are seven listed companies with a market value of more than 1 billion yuan, among which the top three are MEG intelligence, huati Technology (603679. SH) and Yidelong.
The number of shares released is more than twice that of the companies before the lifting of the ban, including MEG intelligence, Yidelong, langjin Technology (300594. SZ), huati Technology (603679. SH), Songyang resources (603863. SH) and Edison power, all of which are the first restricted shares to be released. Due to the large increase of circulating shares, the lifting of the ban on restricted shares of such companies has a relatively large impact on their own stock prices.
In addition to Meige intelligence, among the companies that are set to increase and lift the ban, leading intelligence (300450. SZ) is set to increase shareholder income by as much as 1.8 times. However, the proportion of shares in the total share capital is not high, only 3.58%. Therefore, the impact after lifting the ban is limited. Source: editor in charge of interface news: Yang Bin_ NF4368
In addition to Meige intelligence, among the companies that are set to increase and lift the ban, leading intelligence (300450. SZ) is set to increase shareholder income by as much as 1.8 times. However, the proportion of shares in the total share capital is not high, only 3.58%. Therefore, the impact after lifting the ban is limited.