Supply chain, price competition LED group most fell below the net

LED the second half of the season is not prosperous, supply chain, price competition with Taiwan, LED group the majority of the company stock index fell below the net, EPISTAR yesterday (4) day break at the end, only less than half of the net.

LED TV in the third quarter demand as expected, LED lighting and Dachang lead to bargain, plus Chinese mainland manufacturers price competition, shaken investor confidence. Recently the Taiwan stock market confidence collapse, LED stocks stumble endlessly, crystal electric shares yesterday again broken bottom, received 25.95 yuan (NT, the same below), down 1.2 yuan, to reduce weight, close to November 2008, the financial tsunami low of 25.2 yuan, the price is relatively weak in LED group.

View LED's net worth, in addition to 100 million light, Wing Chong, the majority have fallen below the net. Crystal electric net has 53.77 yuan, 25.95 yuan yesterday, less than half of the net, EPISTAR spokesman Zhang Shixian said, in the past as long as the net value of the edge, usually only steady, the investor is not too rational, the company can respect the market mechanism.

The upstream epitaxial factory price deviation value per share than in the downstream is serious, such as the new century net value of 16.84 yuan per share, yesterday's closing price of 9.53 yuan, is also close to the net cut.

The stock repurchases also failed, rongchuang announced ahead of the implementation of stock repurchase is completed, the average price of 34.06 yuan to buy 5000 tickets, with rongchuang yesterday's closing 26 yuan calculation, is buying Treasury stock price hit more than twenty percent off.

The other to buy treasury shares LED factory as well as the new century and Edison, but are unable to stimulate the market response, in the market pressure, the treasury shares as yiluanjishi.

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