Storm Technology fell nearly 50% and Liu Shishi evaporated 150 million yuan

Since its share price reached a high of 114.98 yuan on March 29, Stormwind's share price has fallen by nearly 50% from the high point, and Liu Shishi's net worth has "evaporated" by about 154 million yuan.

The reporter noticed that since the stock price reached a high of 114.98 yuan on March 29, Stormwind's stock price has dropped by nearly 50% from the high point, and Liu Shishi's net worth has "evaporated" by about 154 million yuan. So, what the hell is going on?

The stock price has been halved, and the net worth of 150 million yuan has been evaporated

. First, let's review. On March 15, the listed company Storm Technology announced that it planned to acquire a 60% stake in Caocao Bear Pictures for 1.08 billion yuan. In this transaction, Liu Shishi sold a 12% stake in Caocao Bear Pictures. The company plans to pay Liu Shishi a transaction consideration of 64.8 million yuan in cash, and issue approximately 2.73 million shares to him. Based on the issue price of 55.46 yuan, the consideration for this part of the shares is 151 million yuan.

As soon as the plan came out, the market immediately exclaimed. Liu Shishi not only had her fortune skyrocketed, but she also got a big bargain because the stock price of Storm Technology, which was being suspended, was 95.83 yuan at that time. After the resumption of trading, its share price experienced a wave of rise, reaching 114.98 yuan on March 29. If calculated at this price, the above-mentioned 2.73 million stock market value is approximately 314 million yuan.

However, the stock market is changing rapidly. In just two months, Stormwind's share price has experienced a sharp decline. As of the close on May 18, its closing price was 58.50 yuan. Compared with the high of 114.98 yuan on March 29, the share price has been cut in half, and the corresponding market value of the aforementioned 2.73 million shares has also shrunk to 160 million yuan.

In comparison, the market value corresponding to the above equity decreased by 154 million yuan.

In fact, after the acquisition plan was introduced, every time Investment Bao mentioned that this part of wealth was still paper wealth. Baofeng Technology is a well-known monster stock with a high share price valuation and ranks among the top of A-shares. In addition, Liu Shishi and others gave a gambling agreement:

the cumulative non-net profit deducted by Caocao Bear Pictures from 2016 to 2018 should not be less than 436 million yuan. If the commitment standards are not met, they will have to be replenished and will end in 2018 according to the compensation calculation formula.

However, I didn't expect that the acquisition plan had not yet been completed, and the share price of Stormwind Technology would fall by nearly 50% so quickly, and the market value of this part of Liu Shishi's corresponding shares shrank significantly. Big ups and downs really come so fast! Perhaps only Liu Shishi himself can feel whether he has made a big bargain... The

reorganization is facing a break.

It is worth noting that the decline in stock prices has not only brought about a reduction in market value, but also caused the company's reorganization to face the dilemma of "breaking".

It can be seen from the acquisition plan that the issue price of the shares is 55.46 yuan, but after continuous declines, Stormwind's share price has reached 58.50 yuan after the close on May 18. If calculated at this price, Stormwind's share price falls by another 5.2%, the share price will fall below the issue price in the restructuring agreement.

Of course, no one knows the rise and fall of the stock market. How Liu Shishi's wealth changes depends only on how Baofeng Technology's share price performs. Among the many stars who have entered the stock market, many have experienced ups and downs. Zhao Wei, who is known as the god of star stocks, has also experienced a roller coaster in her stock market.

On December 20, 2014, Zhao Wei and her husband Huang Youlong spent HK$3.1 billion to purchase more than 1.93 billion shares of Alibaba Pictures at an average price of HK$1.6 per share, equivalent to a 9.18% stake in Alibaba Pictures, becoming the second largest shareholder of Alibaba Pictures. However, Alibaba Pictures 'share price then fell, at one time being less than HK$1.3, which was equivalent to Zhao Wei being stuck when she bought it.

However, on April 30, 2015, Zhao Wei reduced her holdings of 256 million shares of Alibaba Pictures at a price of HK$3.9 per share, cashing in approximately HK$998.4 million, successfully "unwinding", and the remaining shareholding market value was also nearly HK$6.2 billion. However, with the overall market situation bleak in the second half of 2015, Zhao Wei's shares shrank sharply again.

Editor: yvonne