Boya interactive has an undervalued market value and has frequently bought back while taking advantage of the low market value in recent March

Boya interactive has an undervalued market value and has frequently bought back while taking advantage of the low market value in recent March

Since this year, a number of chess and card game companies have rushed to the Hong Kong capital market. In April, mobile game developer Zen travel technology went to Hong Kong for listing. Three months later, the hometown interactive Hong Kong stock exchange was officially listed. The previous day, Jiangxi local chess and card game manufacturer Zhongzhi technology submitted a listing application at the Hong Kong stock exchange. Among these game stocks, who pays the most attention to the feedback of investors?
 Since 2019, Boya interactive has repurchased 4.675 million shares in total

The most common way for listed companies to give back to investors in the capital market is to buy back and pay dividends. For listed companies, through share buyback, we can adjust and improve the ownership structure of the company, and lay a good foundation for the long-term development of the company. Moreover, it can maintain or improve the level of earnings per share and the stock price of the company, give shareholders a higher return, and reduce operating pressure.

According to preliminary statistics, among Listed Companies in the game industry, Tencent repurchased for 31 consecutive days from the end of August to October 11, 2019; IgG also repurchased 20.355 million shares in the past three months, accounting for 1.62% of the issued share capital of the company. Since September, Boya interactive has frequently made large-scale repurchases.

The Company repurchased 793000 shares on September 4, 233000 shares on September 10, 212600 shares on September 17, 956000 shares on September 20, at a cost of HK $1152100, 245000 shares on September 27, 294700 shares on September 30, and 313000 shares on October 4. On October 18, an additional HK $3583 was spent to buy back 308000 shares. 

After the announcement of interim performance in 2019, the company has repurchased 3.5456 million shares, involving 4.0592 million capital. &According to incomplete statistics, in 2018, Boya interactive bought back 34.85 million shares in total. Since 2019, 4.675 million shares have been repurchased. 

Return to investors with a special dividend of HK $0.276 per share 

According to the latest annual report of Boya interactive, as of the end of December 2018, the net profit was about 201.5 million yuan, the basic profit per share was 0.2997 points, and the dividend per share was HK $0.276 (about 0.237 yuan). Against the background of the severe winter in this industry, Boya interactive still pays attention to the interests of investors. In the dividend distribution plan approved by the annual general meeting, the company will pay dividends of about HK $0.276 (about RMB 0.237) per share on July 19, 2019. 

Share buyback and dividend payout is a very common practice in mature markets. When the stock price of listed companies is too low, buyback is a better "self certification method" than extension expansion. The best sign for managers to take investors as the standard is to implement buyback when the stock price is undervalued. Through buyback, the share capital can be reduced, the net capital and net profit per share can be increased, and the confidence of the management can be demonstrated. At the same time, it is an alternative way of cash dividend.

NG interface(newapi) a flexible and powerful API integration engine can integrate all game product suites into a complete cross platform system, and continuously add a third-party cooperative game supplier. From the five major products of video live broadcast, electronic entertainment, sports events, lottery, chess and card game, it can easily integrate, dock and integrate into the existing platform of customers through API, It also provides & nbsp; open API documents, which can be easily developed on PC, WAP or app. At present, it has access to 56 game platforms and more than 6000 games.

comment0

请先

Login / registration
Administrator Login