LED shares appear irrational collapse, treasury shares sharply or OTC companies

LED shares recently appeared irrational collapse, let the listed company executive treasury shares sharply scaled back. On Friday the stock repurchase expired crystal electric (2448), only buy 4098 tickets, the original is expected to buy 12 thousand tickets, the implementation rate of only 34%. As for the end of October the first stock repurchases of the expiration of the lite (2301), the implementation rate of only 60%, and immediately launched second Treasury shares. Round, the new century is currently implementing treasury stock LED factory can buy, is not a positive phenomenon.

For the first time of stock repurchases but low rate of crystal electric executive Zhang Shixian deputy general manager said that the price of stock repurchases of the crystal is 30 yuan to 42 yuan NT, but the stock price fell below 30 yuan, is the stock repurchase price limit, companies are more active buy, but later found that the market kill disk is irrational, the company plans to retain the strength in the market more rational share repurchases. As to whether it will be two degrees of stock repurchases, Zhang Shixian said, must be discussed at the next board. EPISTAR chairman Li Bingjie recently said that the crystal electric stock repurchases will resolution in September 16th the board of directors of Lehman crisis is the next day, investors are worried about crystal electric stock incentive to follow up, also deliberately buy price is relatively low, but the economic situation is worse than expected, so there is no positive buy back. But EPISTAR NAV per share of 35 yuan NT, the company stock repurchase is to defend its value.

LED factory on the first stock repurchases plan to buy 30 thousand tickets, expires in October 28th only bought 18565 tickets, the implementation rate of 60%, mainly the implementation of treasury stock Lite has become a foreign atm. However, on the net value per share of about 26 yuan, the expiration date immediately after two degrees of stock repurchases, decided to take the first time more than 10 thousand overweight, decided to repurchase shares in 40 thousand, is still in the implementation period. Lite executive Teng Guangzhong said Lite is mainly for production, in the financial operation is no experience, so in the second stock repurchase will not be the same as. Lite on recent price resilience, last 18 days to flat closing 22.55 yuan, this should be a wave of corporate stock repurchases are actively buying the company.

The current economic situation is not rational market and the emergence of a sudden turn for the worse, panic kill disc, the listed company stock repurchase compliance rate is generally not high, most companies plan to keep the bullets in the market more rational to attempt to save the stock price. As expected, the listed companies in two, or even three degrees of stock repurchases will greatly increase the chances of.

Source: LEDinside