Chapter 948 [Ex-rights and ex-dividend cash dividends]
Thursday, April 2nd.
It is said that in the past seven trading days, a group of Wall Street capitals who have learned the inside story have become extremely entangled with Tiansheng Holdings' strategy.
This stock has rebounded from its recent lows, and its cumulative rebound has reached +25%. The rebound happened on the same day that Se C disclosed the news that Tiansheng Capital’s diving funds of US$1.16 trillion were exposed.
The day before the news came to light, a foreign institution issued a bearish report. Wall Street took the lead and foreign investors began to pounce on the market, causing the stock price to plummet almost to the limit. Even the Norwegian sovereign wealth fund began to reduce its holdings and run away.
I thought that the second lower limit would be hit, but I never expected that the daily limit would be closed with force that afternoon, and more than 210.8 billion of energy was used.
Then it started to rebound all the way, and a few days ago, on March 27, it hit the daily limit again.
And Wall Street capital, which has learned the inside story, is now very confused about the target of Tiansheng Holdings.
Is it better to go in short, or to buy it back and open long?
At this juncture, it is undoubtedly a game of bets.
What Wall Street capital actually hopes to do is to bet on getting back the money harvested by Tiansheng Capital. In this way, the rebound of Tian Holdings will be a great opportunity for short selling. This stock can be sold short by securities lending.
If the wealth harvested by Tiansheng Capital can be recovered, the stock price will inevitably plummet. At this time, short-term investment will make a huge profit, and it will be a bloody profit for both ends.
But the question is, what if you don’t come back?
Good guy, if you don't come back, you'll be slapped in the face left and right, and if you go in empty-handed, you'll lose blood.
If it does not come back, the value of Tiansheng Holdings will definitely be revalued. Once it is determined that it will not come back, in order to recover some losses, Wall Street capital will be shorted and can only chase the high price and open a long position. Only in this way can we make some money.
What’s more, what worries Wall Street is that since the beginning of the new year, the volatility of Tiansheng Holdings’ stock is no better than that of U.S. stocks.
Looking back at this stock now, the stock price volatility in the last quarter has been frighteningly high, with three ups and downs, with an amplitude of more than 30%. The key is that during this period, the volatility was violent, and the trading volume was also frighteningly large.
, the daily trading volume has exceeded 100 billion for more than 20 consecutive days, and the volume has even exceeded 200 billion for several days.
If you can keep up with the rhythm, during the fluctuation period of this stock, it is appropriate to make double the profit. The key is that the volume can be large, which means that the absolute profit will be considerable.
But the problem is that Wall Street speculative capital has not made much money from the stock kings, and some have even lost money. It is better to lie down and pretend to be dead.
No, at the recent lows, Wall Street smashed the stock market king, but instead of smashing it, it pushed up the cumulative increase of +25%. It was considered to be sold at the floor price. After a quarter, it was lonely, and it was not bad to even be in debt.
.
Last month, the U.S. stock market suffered a series of major meltdowns, and the global capital market was in chaos. Many companies were cut in half. Even the big stocks like Apple, which were the benchmark in the U.S. stock market, did not rebound as strongly as Tiansheng Holdings.
Apple's current stock price is still down about -27% from its previous high, and Tiansheng Holdings is now rebounding and has a tendency to reach a new all-time high.
The capital on Wall Street knows very well that if the wealth harvested by Tiansheng Capital is not returned, the company's stock price will definitely hit a new high, and if it does, it will definitely fall sharply.
Whether we can get it back is now a question mark, and Wall Street is not sure.
The current strategy is, once it comes out, don’t leave the game easily and re-bet, because you are really afraid that Lu Ming will predict your backhand and be stifled by him.
If he predicts your prediction again, the probability of being killed is extremely high. The A-share market is his home field, and the handicap game of Tiansheng Holdings is his home field.
Wall Street is still a bit imaginary. After all, I don't get bored once or twice, so I don't dare to leave easily after I come out.
…
At 9:25 this morning, the Shanghai and Shenzhen A-share markets opened lower.
Tiansheng Holdings opened -1.22% lower at a price of 126,957.65 yuan a few days ago, with a current market value of 10.15 trillion yuan.
It is worth mentioning that today is the ex-rights and ex-dividend date of Tiansheng Holdings, and the opening price is the previous restoration price.
If there is no ex-rights or ex-dividend, today's opening price should be 141,832.65 yuan per share, and shareholders who hold this stock will receive cash dividends today.
However, for shareholders who bought recently, they will lose money before filling in the stock price, because they have to pay a 20% dividend tax, which means that the net loss for buying one lot is about 297,500 yuan.
After the stock king once again increased the volume to exceed the 200 billion level limit on March 27, it has been adjusted for three days, and the volume has suddenly shrunk. The full-day trading volume on the last trading day was only 34.8 billion yuan.
The volume compared to other stocks in Big A is absolutely huge, but for a stock king with a single-day trading volume of 200 billion, this is a significant shrinkage.
The dividend cash was transferred into the accounts of major shareholders. As the founder, actual controller and current head of Tiansheng Capital, Lu Ming currently holds 49.5% of the company’s shares in the total share capital. This time
The dividend also added 589 billion yuan to his personal name.
This is real cash, real cash.
Other shareholders have divided up another 601 billion yuan in cash dividends. There are still some scattered super small retail shareholders in this vote, or they hold four shares, or three shares, or nine shares, or six shares.
stocks etc.
Most of them have been scared away by the impact of the black swan event, but there are still a very small number of people who have not been scared away.
Data shows that in the current shareholder list of Tiansheng Holdings, the shareholders with the smallest number of shares also have three shares.
Without exception, these ultra-small retail shareholders previously purchased convertible bonds issued by Tiansheng Capital and then became shareholders through debt-for-equity swaps.
In this cash dividend, these small shareholders have all held shares for more than one year, so they do not need to deduct tax on dividends. The smallest shareholder holding three shares can also receive 44,625 yuan in this cash dividend.
According to the annual economic report released by the National Bureau of Statistics last year, the median per capita disposable income of residents across the country was 27,953 yuan, of which the median per capita disposable income of urban residents was 41,172 yuan.
In other words, as long as you can hold three shares of Tiansheng Holdings, the amount of cash dividends received this year alone will exceed the per capita median income of urban residents last year.
For many people at the bottom of society who work in factories making screws, the salary of more than 3,000 yuan a month is still not enough to earn this amount.
There is no harm if there is no comparison. Some people just need to hold three shares of Tiansheng Holdings while lying around doing nothing, and their income in one year is more than what most low-level workers earn by tightening screws in one year.
Since Tiansheng Holdings was listed, it has not only paid high dividends every year, but also enjoyed dividend income from disposals since its listing, and has also enjoyed gains from rising asset prices, which is greater than dividend income.
Although 99.9% of value investing investors cannot afford this stock, it is the source of value investing belief in the minds of all value investing investors in Big A.
