1. It seems 123.HK management want to "do better" the share price. In fact, some big China Property Developers Cos are undervalued, ... especially 688.HK: its parent company is now beginning to buy more shares from the open market.
2. 941.HK is already cash rich. It seems that going back to Shanghai by issuing "around 5% more shares" is just a nominal listing.
Besides, it may dilute NAV/share if the A share listing is under its present NAV/share. (AT 31Dec2020, 941.HK's NAV = RMB56/share.)
Billy Sir,
回覆刪除My straight thinkings:
1. It seems 123.HK management want to "do better" the share price. In fact, some big China Property Developers Cos are undervalued, ... especially 688.HK: its parent company is now beginning to buy more shares from the open market.
2. 941.HK is already cash rich. It seems that going back to Shanghai by issuing "around 5% more shares" is just a nominal listing.
Besides, it may dilute NAV/share if the A share listing is under its present NAV/share. (AT 31Dec2020, 941.HK's NAV = RMB56/share.)
Btw, 811.HK(=601811.SH) is making 52-weeks new high, but it think it may even hit HK$6.25(3-years highest) or even make a breakthrough ......
刪除At 31Dec2020, its NAV = HK$9.8/share and it earned around RMB1 per share per year over past 2 years.
That's all!
Just my little thinkings, please don't mind.^^
Anyway the management of 123 are so far so good😁
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