The model of A-share value investment is bank stocks, but as a result, not only did they not pay dividends, but the shareholders lost a mess!
002936 Bank of Zhengzhou, the stock price is the highest 809 yuan, the stock price fell all the way to the loom, as of December 13, the ** stock price was only 206 yuan, a drop of up to 75%, miserable!Some investors think: buying bank stocks, value investment is wrong!
Why did Bank of Zhengzhou fall so badly?Shouldn't bank stocks pay dividends every year?Why is the stock price getting lower and lower, and shareholders use their market value to pay dividends to themselves, and they have to pay 20% tax (held for less than 1 month)!Let's take a look at Bank of Zhengzhou:
Bank of Zhengzhou was listed on September 19, 2018 with an issue price of 459 yuan shares, 600 million shares issued, and the total capital raised was 275.4 billion, net capital raised after deducting sponsor fees 270.9 billion!
On November 26, 2020, an additional 1 billion shares were issued at an issue price of 464 yuan, the total amount of capital raised is 46400 million, after deducting the issuance costs, the actual raised 463.2 billion!
In less than 5 years on the market, 73 have been raised from the market9.4 billion yuan, all for the development of the bank!Compared with the high amount of funds raised, the dividends of Bank of Zhengzhou can be said to be getting worse, even to the point of no dividends!
The financial data shows that the revenue in 2020 is 146100 million, net profit 316.8 billion;In 2021, the revenue will be 14.8 billion and the net profit will be 322.6 billion;In 2022, the revenue will be 15.1 billion and the net profit will be 242.2 billion. The total net profit in 3 years is about 8.8 billion!
Bank of Zhengzhou made so much money, but it did not pay dividends, and in 2020, 10 shares were converted into 1 share;In 2021, there will be no dividends and no increases10 shares to 1 share in 2022!I bought bank stocks for dividends, but the iron rooster didn't pull out a dime!
Bank of Zhengzhou's dynamic P/E ratio is 511 times, the normal annual dividend of 10 shares is 15 yuan, the stock price is 2 yuan, and the holding cost can be reduced to 0 in 10 years!However, the reality is that Bank of Zhengzhou not only does not pay dividends, but the stock price is still in the decline
In 2018, it was listed for a while, and the stock price was the best all the way, reaching a maximum of 807 yuan!Then Bank of Zhengzhou began to fall, and as of December 13, 2023**, the stock price was only 206 yuan!
The Hong Kong stock Bank of Zhengzhou is only 081 Hong Kong dollars, liquidity has been lost, is it necessary for A shares to fall to 1 yuan before they are willing to give up?
Can Bank of Zhengzhou be delisted, according to the net assets of the seven percent discount returned to us, we don't play, more of your hard work, not a lot of hundreds of billions!
This stock is up one point today, down one point tomorrow, or flat close, one or two years later, the stock price is still 2 yuan!
4.Bank stocks with a net worth of 8 yuan have become junk stocks, bank stocks are not rising, what kind of ** can rise, miserable, miserable, there is no way to do this ** that is fully broken!
Bank of Zhengzhou is really the only bank stock: the lowest stock price and no dividends for 3 years!Value investment to buy Zhengzhou Bank is really a big deal, and it doesn't pay dividends every year and falls into a dog!Do you think Bank of Zhengzhou will continue to break 2 yuan?Should I buy Bank of Zhengzhou?You are welcome to leave a comment below.