{"id":383821,"date":"2021-05-25T23:17:01","date_gmt":"2021-05-26T06:17:01","guid":{"rendered":"https:\/\/nai500.com\/?p=383821"},"modified":"2021-05-25T23:17:01","modified_gmt":"2021-05-26T06:17:01","slug":"einhorn-%e7%94%b5%e5%8a%a8%e8%bd%a6-%e6%b7%98%e9%93%9c%e7%83%ad-teck-resources","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2021\/05\/einhorn-%e7%94%b5%e5%8a%a8%e8%bd%a6-%e6%b7%98%e9%93%9c%e7%83%ad-teck-resources\/","title":{"rendered":"David Einhorn\uff1a\u7535\u52a8\u8f66\u5c06\u50ac\u751f\u4e00\u573a\u201c\u6dd8\u94dc\u70ed\u201d"},"content":{"rendered":"<p>\u5728\u6700\u8fd1\u4e3e\u884c\u76842021\u5e74Sohn\u6295\u8d44\u5927\u4f1a\u4e0a\uff0c\u5bf9\u51b2\u57fa\u91d1Greenlight Capital\u7684\u7ecf\u7406David Einhorn\u9610\u8ff0\u4e86\u4ed6\u770b\u597d\u94dc\u4ee5\u53ca\u94dc\u751f\u4ea7\u5546Teck Resources Ltd\uff08<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=TECK.B%3ACA\">TSX: TECK.B<\/a>\uff09\uff08<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=TECK\">NYSE: TECK<\/a>\uff09\u7684\u4f9d\u636e\u548c\u903b\u8f91\uff0c\u79f0\u7535\u52a8\u8f66\u7684\u53d1\u5c55\u5c06\u9700\u8981\u5927\u91cf\u7684\u7535\u529b\uff0c\u8fdb\u800c\u50ac\u751f\u4e00\u573a\u8f70\u8f70\u70c8\u70c8\u7684\u201c\u6dd8\u94dc\u70ed\u201d\u3002<\/p>\n<h2>\u4e3a\u4ec0\u4e48\u9009\u62e9\u94dc\u800c\u4e0d\u662f\u7535\u52a8\u8f66\u5236\u9020\u5546\uff1f<\/h2>\n<p>\u5c3d\u7ba1Einhorn\u5bf9\u7279\u65af\u62c9\u7684\u9996\u5e2d\u6267\u884c\u5b98\u9a6c\u65af\u514b\u4e0d\u592a\u201c\u611f\u5192\u201d\uff0c\u4f46\u82f1\u96c4\u6240\u89c1\u7565\u540c\uff1a\u7535\u52a8\u8f66\u7684\u5927\u8d8b\u52bf\u662f\u786e\u5b9a\u7684\uff0c\u7535\u52a8\u8f66\u7684\u53d1\u5c55\u5c06\u9700\u8981\u5927\u91cf\u7684\u5305\u62ec\u98ce\u7535\u548c\u592a\u9633\u80fd\u53d1\u7535\u5728\u5185\u7684\u7535\u529b\uff0c\u5145\u7535\u5668\u4ee5\u53ca\u50a8\u7535\u8bbe\u65bd\u3002Einhorn\u76f8\u4fe1\uff0c\u5982\u679c\u6240\u6709\u7684\u4ea4\u901a\u8fd0\u8f93\u7684\u52a8\u529b\u90fd\u91c7\u7528\u7535\u529b\uff0c\u5168\u7403\u7535\u529b\u9700\u6c42\u91cf\u9884\u8ba1\u5c06\u662f\u73b0\u5728\u7684\u5927\u7ea6\u4e24\u500d\uff0c\u5982\u679c\u6240\u6709\u7684\u53d6\u6696\u4e5f\u7535\u6c14\u5316\uff0c\u7535\u529b\u9700\u6c42\u91cf\u5c06\u662f\u73b0\u5728\u7684\u4e09\u500d\u3002<\/p>\n<p>\u6211\u4eec\u65e0\u6cd5\u9884\u5224\u8c01\u5c06\u5728\u7535\u52a8\u8f66\u7684\u7ade\u8d5b\u4e2d\u80dc\u51fa\uff0c\u56e0\u6b64\u5f88\u591a\u6295\u8d44\u8005\u4e00\u80a1\u8111\u5730\u90fd\u6295\uff0c\u4e0d\u95ee\u8d35\u8d31\u3002\u6b64\u5916\uff0c\u7535\u52a8\u8f66\u5236\u9020\u5546\u7684\u80a1\u7968\u4f30\u503c\u4e5f\u56e0\u6b64\u9ad8\u5f97\u51fa\u5947\uff0c\u8ba9\u4f9d\u636e\u516c\u53f8\u672a\u6765\u73b0\u91d1\u6d41\u8bc4\u4f30\u516c\u53f8\u4ef7\u503c\u7684\u6295\u8d44\u8005\u65e0\u4ece\u4e0b\u624b\u3002\u4e8e\u662f\uff0cEinhorn\u53e6\u8f9f\u8e4a\u5f84\uff0c\u6ca1\u6709\u53bb\u6324\u7535\u52a8\u8f66\u8fd9\u6761\u62e5\u6324\u7684\u8dd1\u9053\uff0c\u8f6c\u800c\u62bc\u6ce8\u94dc\u8fd9\u4e00\u80fd\u6e90\u91d1\u5c5e\u3002<\/p>\n<h2>\u94dc\u4e3a\u4ec0\u4e48\u662f\u7535\u52a8\u8f66\u6982\u5ff5\u6295\u8d44\uff1f<\/h2>\n<p>\u76f8\u6bd4\u4f20\u7edf\u5185\u71c3\u673a\u8f66\uff0c\u7535\u52a8\u8f66\u7684\u94dc\u6d88\u8017\u91cf\u662f\u524d\u8005\u7684\u56db\u500d\u3002\u53e6\u5916\uff0c\u7535\u6c60\u548c\u5145\u7535\u5668\uff0c\u4ee5\u53ca\u98ce\u80fd\u548c\u592a\u9633\u80fd\u53d1\u7535\u4e5f\u90fd\u9700\u8981\u5927\u91cf\u7684\u94dc\u3002\u94dc\u5177\u5907\u5f88\u597d\u7684\u5bfc\u7535\u6027\u548c\u5bfc\u70ed\u6027\uff0c\u6297\u8150\u8680\uff0c\u56e0\u6b64\u5e7f\u6cdb\u5e94\u7528\u4e8e\u7535\u529b\u9886\u57df\uff0c\u9ad8\u76db\u6700\u8fd1\u5c31\u53d1\u5e03\u62a5\u544a\u5c06\u94dc\u79f0\u4f5c\u65b0\u7684\u77f3\u6cb9\u3002Einhorn\u9884\u8ba1\u7eff\u8272\u7535\u6c14\u5316\u52302029\u5e74\u5c06\u65b0\u589e500\u4e07\u5428\u7684\u94dc\u9700\u6c42\u3002<\/p>\n<h2>\u4e3a\u4ec0\u4e48\u94dc\u77ff\u80a1\u4f1a\u6210\u4e3a\u8d62\u5bb6\uff1f<\/h2>\n<p>\u7535\u52a8\u8f66\u80a1\u7968\u7684\u4ef7\u683c\u5df2\u7ecf\u98d9\u6da8\uff0c\u4f46\u6750\u6599\u80a1\u7684\u8868\u73b0\u5374\u5f88\u7cdf\u7cd5\u3002\u884c\u4e1a\u8d44\u672c\u5c11\u5f97\u53ef\u601c\uff0c\u5728\u5f00\u53d1\u65b0\u9879\u76ee\u7684\u4ea7\u80fd2008\u5e74\u4ee5\u6765\u5df2\u7ecf\u4e0b\u964d\u8d85\u8fc760%\u3002\u4ed6\u89e3\u91ca\u8bf4\uff0c\u73b0\u6709\u77ff\u6269\u5efa\u9700\u8981\u4e09\u5e74\u65f6\u95f4\uff0c\u5f00\u53d1\u4e00\u4e2a\u65b0\u77ff\u9700\u8981\u516b\u5e74\u65f6\u95f4\u3002\u94dc\u7684\u4f9b\u7ed9\u52302024\u5e74\u5f88\u6709\u53ef\u80fd\u5c06\u8fdc\u4f4e\u4e8e\u9700\u6c42\uff0c\u8fd9\u4e00\u4f9b\u7ed9\u7f3a\u53e3\u5c06\u5e26\u52a8\u94dc\u4ef7\u4e0a\u6da8\u3002\u9ad8\u76db\u9884\u6d4b\u94dc\u4ef7\u52302025\u5e74\u5c06\u8fbe\u5230$6.80\/\u78c5\uff0c\u4e8b\u5b9e\u4e0a\u94dc\u4ef7\u76f8\u6bd4\u53bb\u5e74\u7684\u4f4e\u70b9\u5df2\u7ecf\u7ffb\u4e86\u4e00\u500d\u591a\u3002<\/p>\n<h2>Freeport McMoRan\u8fd8\u662fTeck Resources\uff1f<\/h2>\n<p>\u4eca\u5e74\u4ee5\u6765\uff0c<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=FCX\">Freeport-McMoRan Inc\uff08NYSE: FCX\uff09<\/a>\u7684\u80a1\u4ef7\u4e0a\u6da845%\uff0c\u4f4616\u7684\u5e02\u76c8\u7387\uff082021\u5e74\u7684\u76c8\u5229\uff09\u4ecd\u5728\u5408\u7406\u8303\u56f4\u5185\u3002\u8fc7\u53bb\u5341\u5e74\uff0c\u77ff\u4e1a\u4e00\u76f4\u5341\u5206\u4f4e\u8ff7\uff0c\u7edd\u5927\u591a\u6570\u77ff\u5546\u90fd\u4e0d\u613f\u589e\u4ea7\u3002\u56e0\u6b64\uff0c\u6309\u7167Freeport McMoRan\u81ea\u5df1\u7684\u4f30\u7b97\uff0c\u516c\u53f82025\u5e74\u7684\u4ea7\u91cf\u76f8\u6bd4\u4eca\u5e74\u5c06\u4e0b\u6ed110%\uff0c\u76f8\u6bd42016\u5e74\u4e0b\u6ed125%\u3002Freeport\u7684\u9996\u5e2d\u6267\u884c\u5b98Richard Adkerson\u8868\u793a\uff0c\u94dc\u4ef7\u53ef\u4ee5\u77ed\u65f6\u95f4\u5185\u5c31\u7ffb\u500d\uff0c\u4f46\u4ed6\u4eec\u7684\u4ea7\u80fd\u51e0\u5e74\u65f6\u95f4\u5185\u90fd\u65e0\u6cd5\u5927\u5e45\u589e\u957f\u3002<\/p>\n<p>\u76f8\u6bd4Freeport\uff0cEinhorn\u66f4\u52a0\u4e2d\u610fTeck Resources\uff0c\u539f\u56e0\u5982\u4e0b\u3002Teck\u662f\u4e00\u53ea\u88ab\u5ffd\u89c6\u7684\u52a0\u62ff\u5927\u77ff\u5546\uff0c\u516c\u53f8\u7684B\u7c7b\u80a1\u540c\u65f6\u5728\u591a\u4f26\u591a\u548c\u7ebd\u4ea4\u6240\u4e0a\u5e02\uff0c\u5e02\u76c8\u7387\u53ea\u6709Freeport\u7684\u4e09\u5206\u4e4b\u4e8c\uff089.6\uff09\uff0c\u4f46\u589e\u957f\u524d\u666f\u66f4\u52a0\u53ef\u89c2\u3002\u8be5\u80a1\u80a1\u4ef7\u4eca\u5e74\u8868\u73b0\u4e0d\u9519\u4f46\u4e0d\u53caFreeport\u3002<\/p>\n<p>Teck\u7684\u4e1a\u52a1\u66f4\u52a0\u591a\u5143\uff0c\u9664\u4e86\u94dc\uff0c\u8be5\u516c\u53f8\u8fd8\u751f\u4ea7\u51b6\u91d1\u7164\u548c\u950c\u3002\u4e0d\u540c\u4e8eFreeport\uff0cTeck\u5904\u4e8e\u6269\u5f20\u6a21\u5f0f\uff0c\u516c\u53f8\u4f4d\u4e8e\u667a\u5229\u5e76\u6301\u6709\u4e00\u534a\u80a1\u6743\u7684QB2\u94dc\u77ff\u9879\u76ee\u5c06\u4e8e\u660e\u5e74\u4e0b\u534a\u5e74\u6295\u4ea7\uff0c2023\u5e74\u8d77\u8d21\u732e\u76c8\u5229\u3002\u6309\u7167\u6700\u521d$3\/\u78c5\u7684\u94dc\u4ef7\uff0c\u8be5\u9879\u76ee\u65e0\u6760\u6746\u7684\u5185\u90e8\u6536\u76ca\u7387\u4e3a19%\u3002\u5982\u679c\u9ad8\u76db\u7ed9\u51fa\u7684$6.80\u7684\u770b\u6da8\u76ee\u6807\u4ef7\u5151\u73b0\uff0c\u8fd9\u4e00\u6269\u5efa\u9879\u76ee\u7684\u4ef7\u503c\u5c31\u5c06\u7b49\u540c\u4e8eTeck\u7684\u6574\u4e2a\u5e02\u503c\u3002<\/p>\n<p>\u9664\u4e86QB2\uff0cTeck\u8fd8\u6709\u53e6\u59165\u4e2a\u94dc\u77ff\u9879\u76ee\u30022017\u5e74\u94dc\u4ef7\u62a5$2.70\/\u78c5\u65f6\uff0c\u8be5\u516c\u53f8\u7ba1\u7406\u5c42\u4f30\u7b97\u8fd9\u4e9b\u9879\u76ee\u7684\u4ef7\u503c\u4e3a30\u4ebf\u52a0\u5143\u3002QB2\u4e4b\u540e\uff0c\u516c\u53f8\u8fd8\u5c06\u542f\u52a8QB3\u6269\u5efa\u9879\u76ee\u5e76\u5c06\u4e8e2030\u5e74\u6295\u4ea7\u3002<\/p>\n<h2>Teck\u7684\u76c8\u5229\u5206\u6790<\/h2>\n<p>Teck\u62a5\u544a\u4e00\u5b63\u5ea6\u6bcf\u80a1\u6536\u76ca$0.61\uff0c\u5168\u5e74\u9884\u671f\u6bcf\u80a1\u6536\u76ca$3.23\u3002QB2\u6295\u4ea7\u540e\uff0c\u516c\u53f82023\u5e74\u7684\u6bcf\u80a1\u6536\u76ca\u6216\u8fbe$4.40\u3002Einhorn\u9884\u8ba1\u6298\u65e7\u5c06\u9ad8\u4e8e\u8d44\u672c\u5f00\u652f\uff0c\u5e26\u52a8\u6bcf\u80a1\u81ea\u7531\u73b0\u91d1\u6d41\u4e0a\u5347\uff0c\u80a1\u4ef7\u4e0e\u73b0\u91d1\u6d41\u7684\u6bd4\u503c\u4e3a4.6\uff08\u6309\u7167$4.50\/\u78c5\u7684\u94dc\u4ef7\uff09\u3002Teck 2030\u5e74\u4e4b\u524d\u90fd\u6ca1\u6709\u8d1f\u503a\u5230\u671f\uff0c\u5e76\u4e14\u7ba1\u7406\u5c42\u8868\u793a\uff0cQB2\u6295\u4ea7\u540e\u4ed6\u4eec\u5c06\u4f1a\u5411\u80a1\u4e1c\u8fd4\u8fd8\u81ea\u7531\u73b0\u91d1\u6d41\u3002<\/p>\n<p>\u6309\u7167\u6b64\u8f6e\u94dc\u4ef7\u4e0a\u6da8\u524d$3\u7684\u4ef7\u683c\uff0cTeck\u80a1\u7968\u7684\u4ef7\u503c\u4e3a40\u52a0\u5143\u3002\u6309\u71674.50\u52a0\u5143\u7684\u94dc\u4ef7\uff0cEinhorn\u9884\u8ba1Teck\u80a1\u7968\u7684\u4ef7\u503c\u5c06\u8fbe$59\u3002\u5982\u679c\u6309\u7167\u9ad8\u76db$6.80\u7684\u76ee\u6807\u4ef7\uff0c\u4ef7\u503c\u5c06\u63a5\u8fd1$90\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u6700\u8fd1\u4e3e\u884c\u76842021\u5e74Sohn\u6295\u8d44\u5927\u4f1a\u4e0a\uff0c\u5bf9\u51b2\u57fa\u91d1Greenlight Capital\u7684\u7ecf\u7406David Ein [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":383822,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[660,733,893,741],"class_list":["post-383821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-660","tag-733","tag-893","tag-741","sectors-base-metals-sch","sectors-mining-zh-hans","sectors-technology-zh-hans","locations-canada-zh-hans","locations-us-zh-hans","exchange-nyse-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/383821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=383821"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/383821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/383822"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=383821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=383821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=383821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}