Roley'S Home Textiles Report Changed Eight Funds Face Shot

Performance is the most substantial factor to support or push up the stock price.

It is sheer eyesight that we can advance the performance of the stocks that are supported.

Especially in the first half of this year, with the decline of economic growth, many listed companies' semi annual performance will drop to a certain extent. Under this background, we can successfully hand in "rich handsome" and show the eyes of fund managers.

The securities daily fund weekly published a notice of the semi annual report of the listed companies and the heavily loaded fund, so that the new fund of the three funds such as the Xinhua Department was unveiled.

It is estimated that the 13 funds of the eight fund companies have lost 107 million yuan in a week's shareholding market value, while half of the equity funds have slipped to 1/3 after the same period.

Last week, the disclosure of the semi annual report of listed companies began in 2012, and the focus of the market was once again focused on the performance change of listed companies.

Securities daily fund weekly reporter noted that many listed companies frequently issued "face changing" announcements on the eve of the semi annual report, leaving many investors unprepared.

Among them, Luo Lai home textile suddenly changed the performance of the company's share price fell to the limit, including Cathay Pacific in the 8 heavily loaded fund companies "lying in the gun."

"Luo Lai home textile" has been expanding its investment team and upgrading the number of shops, but it has experienced a slow recovery of the terminal, which eventually led to a slide in the sales cost.

Beijing textile and garment industry analyst told the Securities Daily Magazine weekly reporter that "the rapid growth of the home textile industry has begun to slow down due to the slowdown in macroeconomic growth and the severe regulation and control of the real estate market.

The low growth of leading enterprises' operating income also reflects the sustainability of extensive growth in the home textile industry.

It is worth noting that the main body led by the fund seems to have been smashed by this sudden change, and even forgot its defense. The chips of the stock market have not yet been significantly loosened.

Data show that from July 11th to July 13th, the institutional position of the stock fell by only 0.31 percentage points, which is very small compared to 88.65% positions.

Performance change face price limit

According to the Shenzhen stock exchange information, Luo Lai home textile July 11th released the mid day performance correction announcement. It is estimated that net profit in the first half of this year will be 113 million 700 thousand yuan -16243 million yuan, a decrease of 0.00%-30.00% over the same period last year.

Roley home textiles said that the main reason for the difference between the revised performance and expected performance is that sales revenue growth is lower than expected under the macroeconomic environment and internal management factors. Two, the cost increase exceeds revenue growth; three, government subsidy income is less than that of the same period.

In the first quarter of the season, the net profit in 2012 1-6 is attributable to shareholders of listed companies. The net profit increased by 0.00%-30.00% over the same period last year. As the company stepped up its research and development efforts, it strengthened channel construction and control.

From the highest increase of 30% to the pre decline of 30%, the home textile of Luo Lai apparently has a 180 degree change in performance.

Roley's home textile revised the announcement of its performance, causing its share price to fall off.

In July 11th, Luo Lai home textile opened at the end of a word limit, 7 minutes later, the price limit was opened but the rally was weak. After struggling for 22 minutes, the home market was again down to the close, and the volume of the whole day was also significantly enlarged. The turnover also exceeded the historical high point of 9 months, reaching 104 million. In July 12th, the stock continued to fall, and the whole world fell 2.35%, and the lowest in the intraday price was 61.55 yuan, creating a new low price since January 20th this year.

Beijing textile and garment industry analyst told reporters: from 2009 to 2011, in the booming growth cycle of home textile industry, Roley home textiles, with multi brand strategy and rapid extension and expansion, increased by 30% in 3 years, ranking the first in home textiles. In 2011, Roley home textile re organized the sales organization structure and reconfigured the original brand personnel, which made Roley home textiles enter the adjustment period in 2012.

"Luo Lai home textile" has expanded its investment team and promoted the number of shops, but it has experienced the slow recovery of the terminal. Eventually, it lost its sales performance at the two ends of the sales cost.

The low growth of operating income also reflects the sustainability of extensive growth in the home textile industry.

The fund plays the game of "reverse".

It is particularly important to note that institutional capital has played a game of "reverse" in the face of a sharp drop in performance.

From the Shenzhen Stock Exchange July 11th released the home textile trading seats, the top five selling seats are institutional seats, but on the limit, the top five buying seats are also institutional seats, the "inverted" signs are obvious.

On the same day, the total number of seats sold by the agencies amounted to 65 million 702 thousand and 100 yuan. According to the daily limit of 64.7 yuan, the agencies fled 1 million 15 thousand and 400 shares. At the same time, the agencies bought seats for a total of 58 million 303 thousand and 100 yuan. According to the daily limit price, the institutions also bought 901 thousand and 100 shares at the same time.

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Data show that the release of the performance of Luo Lai home textiles announced on the day (that is, July 11th), the main body led by the fund sold a net 4 million 559 thousand and 700 yuan, the amount of buying and selling were 91 million 358 thousand and 200 yuan, 95 million 917 thousand and 800 yuan, net sales accounted for 4.38% of the day's turnover.

This confirms that the main body led by the fund is playing the "reverse" game on the Lai Lai home textiles.

In July 12th, the fund played a game of "down to the reverse" game. Under the background of a 2.35% decline in stock prices, the institution bought 993 thousand and 600 yuan, and the amount of purchases and sales expanded to 149 million 97 thousand and 600 yuan and 148 million 104 thousand yuan respectively. Net purchases accounted for 0.51% of the turnover of that day.

In July 13th, "down to the game" continued, with the stock price rising by 0.76%, the agency sold 8 million 914 thousand and 300 yuan, the purchase amount and the selling amount were 27 million 938 thousand and 400 yuan and 36 million 852 thousand and 700 yuan respectively, and net sales accounted for 16.36% of the turnover of that day.

As a matter of fact, last week, the total number of four households in the household market was 16.24%, and the 143 heavily loaded stocks (68 shares accounted for more than 15% of the share of the current capital stock and 75 of the stock holdings had a market value of more than 1 billion yuan).

The main body led by the fund sold 10 million 952 thousand and 700 yuan a week, buying and selling 324 million yuan and 335 million yuan respectively, accounting for 2.49% of net sales.

Among them, in the past three trading days, the stock market position of the company dropped by only 0.31 percentage points, which is very small compared with the 88.65% level.

Cathay Pacific and other eight funds "guns"

As a matter of fact, since the landing of small and medium-sized boards in 2009, Luo Lai home textile has always been the target of big funds.

Announcements in the past 9 quarters show that the top ten tradable shareholders have more than 7 seats in the fund.

According to the latest statistics, in the first ten quarters of the first 7 quarters of the first quarter of 2012, there were 7 funds and 2 brokerages, respectively, for the steady return of Cathay Pacific, the positive growth of Yi Fangda, the growth of rich countries' Tian Hui, the growth of Guang Fu, Yi Fangda, the Jintai securities, the GF, the GF, and the Oriental Securities.

And from a quarterly fund observation, Luo Lai textile home to enter the top ten largest stocks of the 13 funds, involving 8 fund companies.

Among them, Cathay Pacific Department has Guotai Jinma robust mix, Cathay Pacific gold deer guaranteed mixed fund, fund Jintai three funds finalists, with 307 million yuan total shareholding market value, become the heavy duty Luo Lai home textile largest fund company.

This time, the 13 funds lost 107 million yuan in a week's market value.

At the end of the 4 million 240 thousand quarter of the first quarter, the market value of the 3 fund holdings decreased from 307 million yuan at the end of the first quarter to 270 million yuan in July 13th, and the funds in the pocket were deflated by 37 million yuan.

Only last week, the value of the 3 Cathay Pacific stock holdings was evaporated by 52 million 321 thousand yuan (if the shareholding did not change, the stock market value in July 6th was 322 million yuan).

In other words, only a week's time, Cathay Pacific Fund because of holding the home textile of Luo Lai, the book changes from profit to loss.

Cheng Chau, the chief executive of Guotai Jinma, has the highest market value of the home textile market (the fund is the second largest tradable shareholder of the home textile company). If it is calculated by 3 million 20 thousand shares at the end of the quarter, it will lose 26 million 545 thousand and 800 yuan in the two quarter, with nearly 5 trading days losing 37 million 266 thousand and 800 yuan.

Combined with the list of the top ten tradable shareholders of listed companies, we found that the GF fund was also seriously injured this time. There were altogether 3 million 660 thousand shares stationed in Guangdong, Guangdong, Guangdong and Guangdong. After the crash, they would lose 32 million 171 thousand and 400 yuan a week.

From the performance of heavyweight fund, the decline of Roley's home textile has caused a substantial impact on the fund.

The average return of the 8 partial stock funds last week was -0.51%, while the average return rate of the fund was -0.10% at the same time, and 6 of the heavily loaded funds lost the average performance level, and 4 of them were behind the 1/3 ranking.

Cheng Zhou's Cathay Pacific Kim Ma strong mix, fund Kim Tae two funds, last week's rate of return were -1.66%, -1.31%, ranking 1/3 ranking after similar funds, Cathay Pacific Kim Ma robust mix has the last eighteenth.

Reporters noted that the Cathay Pacific Fund Cheng Zhou had publicly stated in May 18th that the policy focus could not solve the problem of insufficient total demand, and the market remained cautious in the two quarter.

But then it was heavily loaded.

From May 21st to June 14th, the stock price rose 16.50%.

During this period, if Cheng Chau will take advantage of the stock, the losses will be greater in the two quarter.