Category: Money Tips Date: 2007-07-27
Where is the bottom line fell? This is the operator must seriously face the problem. Estimates of the bottom line fell, he has also appeared cost method, chip law, fundamental law.
Cost method is divided into a market cost method and cost method the secondary market.
The so-called primary market cost method, that is, the issue price of new shares of listed companies, allotment price, additional price. This is an important speculative estimation methods, its potential logic is below the market cost of an IPO price of new shares in particular, will greatly stimulate the management of listed companies and securities self-esteem and "sense of shame and then courage" By working with organizations to join hands out of good, manufacturing subject matter and high Transmission and Distribution to restore its secondary market premiums. Historically, it does provide a lot of good speculative selling points. But in recent years the cost of France fell to the bottom line of analysis has little significance.
The core logic chip method is that when prices are low to a certain extent, the market's speculative demand for chips will naturally restore its liquidity, and thus give rise to price fluctuations in a row and trading opportunities, constitute the bottom line fell.
Estimation of chips fell from the bottom line, which is an important prerequisite for mobility recovery. Because of its chips behind the do not take into account the real value of listed companies, while the liquid recovery and market sentiment and preferences are directly related to, but difficult to quantify, therefore, chips France fell hard to estimate in advance the specific location of the bottom line.
Fundamental Law is divided into City win rate method and net assets of France. Relative to the previous two methods, this method should be safer.
City win rate where the bottom line? This is the question many investors quite worried, because when they win from the rate of the city considered safe to buy stocks after they have appeared in three ways: 1) The performance of face changing, the original security or because of the rate of the city to win without a loss exist! 2) A listed company share prices drop additional placement of shares; 3) there are no major changes in the company, but because the market value of the central sharp downward gotten burned. Therefore, the city was safe to win the rate of France is definitely not the bottom line of detectors.
In fact, in any one market, the value of investments is far from the press here in the securities investment value of one or two version of the report that simple. In a full assessment of market risk, industry risk, operational risk and the management of moral hazard, the investor must also pay special face refinancing risks. So, the net assets of France then?
Studies have shown that in the past few years, in order to lower the rate of net assets to buy stocks with high winning percentage. Net assets are the A-share market is not the only bottom line of the full price of the challenges. It is foreseeable that future net assets are still very effective bottom line fell.
However, the net assets of France there are still two major risks: 1) the net assets is not true. 2) The net assets of not making money, essentially more like a liability: If you can not produce positive cash flow and net asset-related assets will be administrative costs in the form of interest-bearing liabilities engulfed corporate profits and shareholder equity. It is also common in the international market price below the net assets of reasons.
By this analysis, it fell Where is the bottom line?
1) the cost of the market, whether one or two, have been difficult to become an effective bottom-line fell;
2) The price of chips on the game the bottom line is no different from stationed in.;
3) If able to confirm the authenticity of the net assets and earnings of (an important prerequisite for), taking into account the existence of the price game and re-financing of immunity, the net assets of the future of effective price is still the bottom line; but this does not imply price is only down to have investment value of net assets;
4) between the two places as well as three listed companies, offshore integration of the price rise in the price down enough to become a bottom-line support, and through Bijiaxiaoying passed to the pricing among related industries. While the bottom line is not solid, but easy to observe.
