神州租车(0699.HK):安博凯现金收购要约倒计时！中小投资者接纳要约或为最优解

Core Viewpoint - The unconditional offer from Indigo Glamour Company Limited for Shenzhou Car Rental has been confirmed, with a deadline for acceptance set for March 4, indicating a clear opportunity for rational investors to accept the offer promptly [1][8]. Group 1: Offer Details - The offer became unconditional on February 18, 2020, and must remain open for acceptance for at least 14 days, leading to a closing date of March 4, 2020 [1]. - The offer price is set at 4 HKD per share, representing a premium of approximately 17.99% over the last trading day's closing price of 3.39 HKD and a premium of about 52.17% over the average closing price of 2.63 HKD over the last 30 trading days [3]. Group 2: Investor Options - Small and medium investors face three main choices: accept the offer, sell shares in the secondary market, or retain some shares [2][3]. - Given the low liquidity of Shenzhou Car Rental's shares, with an average trading volume of only 11,513,872 shares, or about 0.54% of the total issued shares, selling in the secondary market is not a viable option [3]. Group 3: Company Performance - Shenzhou Car Rental has faced significant challenges, including intensified competition in the car rental industry and adverse impacts from events like the Luckin Coffee scandal and the COVID-19 pandemic, leading to a substantial decline in stock price [5][6]. - In the first half of 2020, the company reported total revenue of 1.8068 billion CNY, a year-on-year decrease of 37.2%, with a net loss of 4.338 billion CNY compared to a net profit of 279 million CNY in the same period of 2019 [5][6]. Group 4: Market Outlook - The current market conditions and expectations suggest that accepting and facilitating the offer is the optimal solution for small and medium investors [8]. - The privatization process is nearing completion, and investors are encouraged to seize this opportunity to maximize their interests [8].