Cathay Pacific Jinma Lost 28.24 Million Yuan Due To The Failure Of Luolai Home Textile'S Medium-Term Performance To Meet Expectations

At present, the mid report performance can be regarded as the investment vane of investors. The liquor industry reported a sharp rise in performance, which prompted liquor stocks to surge, including Guizhou Moutai [257.60 0.60% of the stock bar research report], which broke a new high of 260 yuan. However, Home textiles The industry is in the opposite direction, showing a downward trend in performance. It is precisely because of the decline that the industry stocks fell sharply and the fund institutions ran away from their heavy positions.

Luolai Home Textile (SZ: 002293) Latest price: 62.18

? 1 1.58% market trend large order tracking fund flow latest research report company news latest announcement individual stock bar preferred stock forecast Dragon Tiger List July 11, Luolai Home Textile [62.18 -1.58% stock bar research report] announced adjustment of performance, announced that the net profit of Luolai Home Textile in the first half of this year fell 0% to 30% compared with the same period last year, and on April 23, 2012, In its first quarterly report, Luolai Home Textile expected its net profit to increase by 0% to 30% over the same period last year. Therefore, Luolai Home Textile cut its performance in the first half of the year.

It is reported that since the third quarter of 2011, the growth rate of the home textile industry has slowed down significantly, especially in the first half of 2012. The above announcement of Luolai Home Textile attributed this to macroeconomic and internal management factors, as well as other factors such as the increase in expenses over the same period exceeded the increase in income, and government subsidies were less than the same period.

Affected by the decline in business performance, on July 11, Luolai Home Textile started trading at the limit of one word, down 7.19 yuan, or 10%, and finally closed at 64.7 yuan, which also created the largest one-day decline since its listing, and its market value evaporated by 1.087 billion yuan that day.

Not only that, behind the sharp drop in stocks, it was found that the fund institutions it held had started to run away from collective heavy positions.

It is reported that Luolai Home Textile has been the target of major funds since it landed on the SME board in 2009. The announcements made in the past nine quarters show that the number of fund seats among the top ten shareholders of tradable shares exceeds 7.

Among the top ten shareholders of tradable shares in the first quarter of 2012, there are also 8 funds, and one is a securities firm, which are Cathay Pacific Jinma, E Fonda Active Growth [0.82 1.18%], Fuguo Tianhui Growth, GF Jufu [1.14 0.57%], E Fonda 50, Jintai Securities, GF Strategic Optimization [1.34 0.63%], GF Jufeng [0.67 1.40%] and Orient Securities.

However, yesterday from Shenzhen Stock Exchange According to the sales seats of Luolai Home Textile announced, the top five selling seats are all institutional seats, but on the limit down board, the top five buying seats are also institutional seats. Specifically, the amount of seats sold by the top four companies exceeded 10 million yuan, the amount of seats sold by the fifth company was 9.792 million yuan, and the number of shares sold by the top five companies was about 200000 shares.

Among them, Cathay Pacific Jinma started to build a position of 1.18 million shares in the first quarter of 2011, and gradually increased its position thereafter. By the first quarter of 2012, it had held 3.02 million shares. Calculated according to the average price of the company, the cumulative investment was 225 million. According to the closing price of Luolai Home Textile at the end of March, it still lost 6.53 million yuan. If the sharp decline on the 11th day is included, it has lost 28.24 million yuan.

Similarly, Jintai Securities, Orient Securities and E Fund 50 Index [0.65 0.43%] funds also suffered serious losses, with losses of 530000, 9.49 million and 19.58 million respectively.

This time, the Fund was the most seriously injured. A total of 3.66 million shares were stationed in Guangfa Jufu, Guangfa Strategy Optimization and Guangfa Jufeng, which may lose 51.41 million yuan after this sharp decline.

At the same time, affected by the failure of Luolai Home Textile's performance to meet expectations yesterday, several other home textile stocks also fell sharply. Mengjie Home Textile [19.91 -0.85% stock bar research report] fell 8.73%, and Fuanna [44.45 -0.11% stock bar research report] fell 3.86%

The First Agricultural Economic Review: It is expected that it will be affected by the performance of the report for some time. Therefore, in the downturn, it is recommended that investor Wait and see this stock, and don't be greedy.