Shin Kong Gold Reformists Win Two-Thirds of Seats, Restart “Brothers Mountaineering” and Discuss Merger with Taishin Gold

Shin Kong Gold (2888) reformists won and won two-thirds of the seats. After market interpretation, they will restart “Brothers Mountaineering” and discuss the merger with Taishin Gold (2887). %, once rose to 9.5 yuan, breaking through the previous high, and exploded 110,000 tens of thousands of tens of thousands of dollars in 20 minutes after the opening, which was higher than the whole day last Friday. Taishin Gold’s stock price rose slightly by 1%. Analysts’ latest opinions have been released, and Shin Kong Gold is expected to move towards recovering the face value of 10 yuan.

Shin Kong Gold’s stock price closed at 8.96 yuan last Friday, and today it opened at 9.22 yuan. It touched 9.5 yuan shortly after, and the trading volume broke through the previous trading day’s large volume in just 20 minutes; , the gap once stood at 9.32 yuan, and the highest closing price last week was 9.22 yuan. Both broke through the high soon after the market opened today.

In addition, compared with the Taiwan stock market, it has gone from 40,000 to nearly 10,000, an increase of more than 20%. Shin Kong Gold has increased by only 6.8% this year, while Taishin Gold has risen from 15.1 yuan to an intraday high of 19.2 yuan this year, an increase of more than 27%.

At the Shin Kong Gold Shareholders’ Meeting last Friday (9th), director Hong Shiqi called for the reformers to solicit a 38% stake in the power of attorney and successfully allocate votes. Finally, they won 10 of the 15 director seats, including 3 independent directors. Winning 2 seats is equivalent to gaining an absolute advantage in major bills.

Further reading:Shin Kong Gold re-election has changed! The reformists won 8 directors and 2 independent directors, accounting for 2/3

Then in the evening of the same day, Shin Kong Gold immediately held a board meeting and elected the new chairman Chen Huaizhou. He used to be the general manager of Taishin Gold and the chairman of Zhangyin. For the next step of the joint venture, Sun Kong boss Wu Dongjin’s second daughter and current general manager Wu Xinru announced his resignation in the evening.

Analysts look at the market outlook: there is a chance to advance to 10 yuan

Xu Bojie, a senior securities analyst, said in an interview with “Yahoo Kimo Finance” this morning that the stock price rose this morning, mainly reflecting the celebration of the shareholders’ meeting last Friday.

Xu Bojie said that the stock price trend of Shin Kong Gold this morning is reasonable, within expectations, the main market believes that the company will undergo changes, and in terms of the general trend, efficient governance, plus the appointment of chairman Chen Huaizhou, the market believes that it is for the merger of Taishin Gold It is a good thing for the company to deploy outposts, and the market stock price performance is a positive affirmation.

From a technical point of view, the 280,000 sheets exploded on June 5 and then fluctuated. This morning’s intraday high leaped to the intraday high at that time, which means that after that, the washing was completed, and it also means that the bottom has been formed since June last year. More optimistic, it is normal to move towards the face value of 10 yuan.

As for the fundamentals, although Shin Kong Gold still lost money in May, he said that the stock price reflects expectations, whether it will be good or bad in the future, and has nothing to do with the current revenue and profit. Investors are optimistic about the new management team. If there is an opportunity to make a profit, the stock price will go up.

further reading

Shin Kong Gold re-election has changed! The reformists won 8 directors and 2 independent directors, accounting for 2/3

Shin Kong Gold’s reformists won a big victory, Hong Shiqi’s 8-character talk “Inheriting the past and ushering in the future, there is a long way to go”

Taiwan stocks have 4 consecutive reds for the week!The fifth largest legal person in the world’s major indexes is optimistic that it still has an upward momentum

• Ye Yiru, Special Correspondent of Yahoo Finance: 22 years of experience in financial mainstream media, from the bubble of Web1.0 in 2000 to Web3.0 of the Meta universe, witnessed the history of the rise and fall of large and small business groups in Taiwan, and experienced five international financial crises. Think that finance is life, omnipresent, no matter how difficult financial management knowledge should be explained in a simple way. No matter you are young or old, you should manage money. If you don’t manage money, money will ignore you.