4 Stocks Subject to Disposition Block Trading From the 28th
The OTC announced the latest disposition list on the 27th, including fiberglass cloth stock Dehong (5475), Lusheng (3354), Smart Link Services (6751) and eLand (6925), subject to block trading from the 28th to November 3 with matching once every 2 minutes. The disposition period is the same for all 4 stocks, with trading fully changed to matching every 2 minutes. The OTC reminds investors holding related stocks or planning to enter to pay special attention to changes in the trading system and avoid affecting trading operations and fund allocation due to matching time limits and share price volatility.
Lusheng and 2 Others Listed on Excessive Short-term Gains
Lusheng, Smart Link Services and eLand were all listed for disposition due to excessive short-term price gains. Lusheng posted a cumulative closing price gain of 30.02% over the last 6 business days including the day, and a gain of 164.37% from 2 business days before the last 60 business days to the day, with both short- and medium-term gains quite significant, and investors must watch the risk of sharp price volatility. Smart Link Services posted a cumulative closing price gain of 46.39% over the last 6 business days, with daily volume 8.63 times the average daily volume over the last 60 business days, showing a marked recent rise in trading activity. eLand posted a cumulative closing price gain of 32.73% over the last 6 business days, a gain of 126.39% from 2 business days before the last 30 business days, with a daily turnover rate of 12.49%, with both short-term gains and trading heat reaching disposition standards.
Dehong P/E at 141.86 Times, Multiple Indicators Exceed Thresholds
The closely watched fiberglass cloth stock Dehong was listed for exceeding trading indicators including P/E ratio, price-to-book ratio and turnover rate. According to the announcement, Dehong had a P/E ratio of 141.86 times, a price-to-book ratio of 21.35 times, 5.77 times the price-to-book ratio of its industry category, and a daily turnover rate of 5.83%. In addition, Yuanta Securities bought NT$358 million of the security on the day, accounting for 25.61% of total transaction value in the security on the day, with multiple trading indicators reaching disposition standards, likewise subject to block trading from the 28th to November 3.
Disposition Until November 3, Watch Trading Risks
The OTC announcement shows all 4 stocks are under disposition until November 3, with trading by matching once every 2 minutes. Investors trading during the disposition period should note that longer matching intervals may affect liquidity and price continuity, and should carefully assess the risk of chasing excessive short-term gainers. Investment results are the investor's own responsibility, risks should be carefully assessed before decisions, and attention paid to the impact of trading system changes on fund allocation.