The response of the group of securities analysts talking about “financial fraud” and “pig grass” came

Recently, a head securities analyst “reminded” Muyuan Foods Co.Ltd(002714) “that” there will be a thunderstorm soon “in an exchange group, which pushed Muyuan Foods Co.Ltd(002714) to the forefront of public opinion again.

On the morning of December 3, Muyuan Foods Co.Ltd(002714) said on the interactive platform that the company recently noticed that China Merchants Securities Co.Ltd(600999) staff member Yang made false statements related to the company in the stock exchange group. The company’s production, operation and liquidity are normal, and there is no major information that should be disclosed but not disclosed.

brokerage researchers talk about “breaking the news”

The untrue remarks mentioned by Muyuan Foods Co.Ltd(002714) stem from the “reminder” of China Merchants Securities Co.Ltd(600999) analysts on their financial fraud.

According to the screenshot from the Internet, on the morning of November 26, China Merchants Securities Co.Ltd(600999) Yang “reminded” the group friends holding Muyuan Foods Co.Ltd(002714) to pay attention to the risk in the “communication group” named ” China Merchants Securities Co.Ltd(600999) “, and said that it “involves the risk of financial fraud, and there should be a thunderstorm soon.”

Although there were only more than 100 people in the group, the news spread quickly, and screenshots of chat records appeared on some network platforms.

The market also reacted quickly. In the following four trading days, Muyuan Foods Co.Ltd(002714) share prices fell one after another, with a cumulative decline of more than 7%, and the market value evaporated by more than 10 billion yuan.

It is worth mentioning that China Merchants Securities Co.Ltd(600999) Yang then sent several messages in the group, saying that ” Muyuan Foods Co.Ltd(002714) ” was hearsay without any basis. But it’s too late to explain.

Muyuan Foods Co.Ltd(002714) responded today: “strongly condemn such acts and reserve the right to investigate the legal responsibility of the parties.”

For China Merchants Securities Co.Ltd(600999) Yang’s behavior, enthusiastic investors also publicly offered a reward “original evidence” online.

why is “pig grass” questioned repeatedly?

In fact, there have been doubts about the authenticity of Muyuan Foods Co.Ltd(002714) data in the market.

In March this year, the network big V “chivalrous shadow of heaven and earth” published “is mu Yuanhui thunder?” The article questioned a number of financial data such as Muyuan Foods Co.Ltd(002714) fixed assets / sales revenue is much higher than that of peer listed companies, related party transactions and ROE (return on net assets) of minority shareholders.

Affected by this incident, Muyuan Foods Co.Ltd(002714) not only attracted regulatory inquiries, but also interviewed by the CSRC due to the “sick” Declaration of convertible bond issuance.

Before that, there was a “thunder” from the “chivalrous shadow of heaven and earth” of the network big V, and then there was a risk “reminder” from the head securities analyst. Why is “pig grass” frequently questioned?

insiders said that the breeding cost data disclosed by Muyuan Foods Co.Ltd(002714) has been lower than that of peer listed companies, and its practice in breeding cost control has been curious by the outside world. “In addition, agricultural listed companies have always had risks such as difficult inventory audit, Muyuan Foods Co.Ltd(002714) is no exception.”

It is worth mentioning that Muyuan Foods Co.Ltd(002714) with a performance loss in the third quarter of this year has been frequently reduced.

Financial data show that in the third quarter of this year, the company achieved a revenue of 14.744 billion yuan, a year-on-year decrease of 18.68%; The net profit was -822 million yuan, a year-on-year decrease of 108.05%.

According to the list of shareholders of the company, as of September 30, Hong Kong Central Clearing Co., Ltd. reduced its holdings of 33.8053 million shares, Hainan Hongbao Investment Co., Ltd. and Henan Hongbao Enterprise Management Co., Ltd. reduced their holdings of 6118700 shares and 8713400 shares respectively.

Muyuan Foods Co.Ltd(002714) according to the latest investor survey, the complete cost of the company’s commercial pigs has dropped to about 14.7 yuan / kg. It is expected to reach the level below 14.5 yuan / kg by the end of the year, and about 40 million heads are expected to be sold in the whole year.

(Shanghai Securities News)

 

- Advertisment -