Hubei Radio & Television Information Network Co.Ltd(000665) stained with the concepts of “meta universe” and “horse color” today staged the “Earth Sky board”.
This is the 12th daily limit since Hubei Radio & Television Information Network Co.Ltd(000665) 20 trading days. After hours dragon tiger list data show that a number of business department seats commonly used by the market as hot money appear on the Dragon Tiger list.
Industry experts suggest that pure concept speculation should beware of risks and avoid “Bo silly”.
stage “Earth Sky board” or “horse color”
“Today’s Hubei Radio & Television Information Network Co.Ltd(000665) Earth Sky board may be related to Ma CAI. In fact, in addition to Hubei Radio & Television Information Network Co.Ltd(000665) , the share prices of Wuhan Sanzhen Industry Holding Co.Ltd(600168) and Wuhan Ddmc Culture & Sports Co.Ltd(600136) local listed companies in Wuhan have risen by the limit,” a private placement person in Central China told the China Securities Journal Taurus reporter
According to the website of Wuhan Municipal People’s government, the general office of Wuhan Municipal People’s government recently issued the opinions on promoting national fitness and sports consumption and promoting the high-quality development of sports industry, which proposed to accelerate the development of modern horse industry
source: Wuhan municipal government website
The opinion points out that it is necessary to give full play to the advantages of Wuhan as the “leader of the national speed horse racing project”, build the “Wuhan speed horse racing open” into the most credible event, and strive for the “guessing horse racing lottery pilot” to be settled in Wuhan. Continuously improve the event system, strengthen infrastructure construction, and build an international talent team for the horse racing industry. Speed up the construction of horse racing Industrial Park and form a horse sports industrial chain in horse racing competition, equestrian performance, venue service, horse racing quarantine, talent training, horse breeding and other links.
As early as 2018, Hubei Radio & Television Information Network Co.Ltd(000665) publicly said that the company would not rule out launching horse color products. This also makes Hubei Radio & Television Information Network Co.Ltd(000665) labeled as a “horse lottery” concept stock.
stained with the concept of “meta universe”
In addition to the “horse lottery”, the recent sharp rise in the share price of Hubei Radio & Television Information Network Co.Ltd(000665) is inseparable from the company’s concept of “meta universe”.
Previously, the company said on the interactive easy platform that its Weirui technology is engaged in R & D, integrated application of VR / AR technology and services, relying on the advantages of radio and television users, networks and platforms, building radio and television VR / AR ecosystem and industrial chain, and providing VR / AR application services and high-tech information services.
VR / AR is an important part of the metauniverse. However, Hubei Radio & Television Information Network Co.Ltd(000665) also said that the company only holds 30% equity of Weirui technology through Xingliao investment, a wholly-owned subsidiary.
However, no matter how much it holds, as long as it is stained with the “meta universe”, it is enough to make the market funds boiling. After hours, the dragon and tiger list shows that behind the rise of Hubei Radio & Television Information Network Co.Ltd(000665) all the way, many hot money is “beating drums and passing flowers”.
Take the dragon and tiger list on January 7 and January 10 as an example, Everbright Securities Company Limited(601788) Foshan Lvjing Road business department boarded to buy a seat on January 7, and appeared to sell a seat with a net sales of more than 100 million yuan on January 10
source: China stock market news
The first securities business department and the second securities business department of China stock market news securities, known as the “retail investor gathering place”, also appeared on the dragon and tiger list on January 10, ranking third and fifth respectively.
A private placement person in Central China reminded: ” Hubei Radio & Television Information Network Co.Ltd(000665) the current stock price obviously deviates from the fundamentals. Although the company holds the equity of enterprises related to Yuan universe, it is not the core asset of the company, and the shareholding ratio is not high. Now the speculation of hot money is obvious, so we need to pay attention to risks and don\’t be ‘stupid\’.”
performance continued to decline
According to public data, Hubei Radio & Television Information Network Co.Ltd(000665) is the only cable TV service operator in Hubei Province, and was listed on Shenzhen Stock Exchange in 1996. The company mainly provides comprehensive information services to the public and group customers based on CATV broadband network.
In recent years, Hubei Radio & Television Information Network Co.Ltd(000665) has had a hard time. According to the company’s financial report, Hubei Radio & Television Information Network Co.Ltd(000665) the two businesses with the largest proportion of revenue are cable TV business and broadband business respectively. Among them, cable TV business revenue accounted for more than 40% of the company’s total revenue in 2020, and broadband business revenue accounted for nearly 20% of the total revenue. However, under the impact of the Internet and new media, Hubei Radio & Television Information Network Co.Ltd(000665) users are losing.
In 2020, Hubei Radio & Television Information Network Co.Ltd(000665) TV user churn rate will be 10.76%, and the number of broadband users will increase by 1.5%; In the first half of 2021, Hubei Radio & Television Information Network Co.Ltd(000665) digital TV users lost 6.70% compared with the end of 2020; Compared with the end of 2020, the loss rate of broadband users is 2.20%.
The loss of users and the continuous decline of the company’s performance. According to the financial report, the company’s performance has continued to decline since 2017 and turned from profit to huge loss in 2020. In 2020, the company achieved an operating revenue of RMB 2.384 billion, a year-on-year decrease of 9.19%; The net profit attributable to the shareholders of the listed company lost 690 million yuan, while the company also made a profit of 103 million yuan in 2019.
In the first three quarters of 2021, Hubei Radio & Television Information Network Co.Ltd(000665) performance has not recovered. In the first three quarters, the company realized an operating revenue of 1.05 billion yuan, a year-on-year decrease of 2.15%; The net profit loss attributable to the shareholders of the listed company was 81.6607 million yuan.
The sluggish main business also led to the continuous decline of the company’s share price. Before this rise, Hubei Radio & Television Information Network Co.Ltd(000665) shares suffered an “ankle cut” from an all-time high of 20.76 yuan / share, down more than 80%. Even if the company recently gained 12 trading limits, the company’s current share price is still down nearly 60%.
(source: China Securities Journal)
