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Georges White Dress Is Hard To Come By, Clothing Listed Companies Break Spell

2012/7/18 9:52:00 22

Georges White CostumesBusiness AttirePublic Service Companies

Though the top is "China" Business Suits "The first market" aura, Georges white is still difficult to get rid of the vicious circle of industry depression. In the next day, the price of Georges white fell below the issuing price of 23 yuan, following the breakup curse of the listed clothing companies. Yesterday, a number of agencies chose to cut their meat after leaving the stock market.


A Securities researcher who did not want to be named said that the company's competitiveness was weak and the industry was sluggish. In the prospectus, it said it was difficult to maintain a 20% to 30% increase in the first half of the year.


  Last year, 80% of the listed apparel stocks were broken.


Declaring concentration China's professional wear market Georges White was once "popular stars" before being listed, which was regarded as a scarce resource with high growth in clothing listed companies.


However, George White's aura was broken after two days of listing. After the first day's share price rose 10.35%, it fell to the next day and fell below the issue price. Due to the serious decline in the boom of the garment industry since last year, the listed companies of clothing companies have also fallen into the curse of breaking. Georges white is the only clothing stock that has been listed since this year after the card slave Road, and is placed in the hope of breaking the curse.


Reporters noted that since the clothing industry has entered the downlink channel since last year, almost all garment enterprises listed after 2011 are unable to escape the fate of breakage, including Rand, Semir apparel, Busen shares and 100 round pants industry, which have fallen below the issue price. According to incomplete statistics from reporters, a total of 5 clothing stocks have been listed since 2011, of which 4 are broken and the breakage rate is as high as 80%.


George White, who broke the spell, broke hands yesterday. The turnover was as high as 20%. When the stock price fell all the way, it sold more than 6 million 950 thousand yuan.


   Brokers: business lacks highlights


It is worth noting that this year as the second landing A shares Garment industry Listed companies, Georges White said in the prospectus that the growth rate in the first half of the year will reach 20% to 30%.


"I think Georges white has to ensure that the growth rate of 20% to 30% performance in the first half of the year is somewhat difficult," said the researcher who declined to be named. The main competitors in the company are YOUNGOR, good bird, Hinur, and so on.


Reporters noted that sales of George White professional wear were also shrinking. Hualin securities research report pointed out that, "affected by the economic downturn at home and abroad, most business groups have compressed the purchase budget of the professional clothing, resulting in a slowdown in the downstream customer demand of the company's professional wear, and the company has more stock at present." From 2009 to 2011, sales of professional wear accounted for 78.84%, 82.28% and 86.87% of main business income respectively.


"Compared to other A share clothing listed companies, George White although the main business is outstanding, but its own lack of bright spots, at present needs to see the city scene magnanimity", the former anonymous broker researcher said so.

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