Category: Money Tips Date: 2007-01-16
Niugu the discovery of the existence and Niugu are two different things and found Niugu hard to explore every investor, and indeed is a very difficult piece, after all, big Niugu rare. So, how can we find Niugu it? From the current Niugu we may find some laws and characteristics.
Niugu itself is the key quality We Statistics since March 2004 to March 2005's top gainer in the cities or the top 20 stocks selected the following 20 stocks analysis, because most of these stocks continue to hit new high, very compelling. 20 stocks are: CIMC Group, Suning Appliance, Maotai, Offshore Oil Engineering, Shenzhen Chiwan, Yantai Wanhua, Commodity City, Salt Lake Potash, large business shares, Tong Ren Tang, Sinochem International, ZTE, Yunnan Baiyao, Changyu A, Shanghai Airport, East A donkey-hide gelatin, Xishan Coal and Electricity Power, Anhui pass high-speed, Zhenhua Port Machinery, Hua Lu Heng-sheng. In this year's index was down, and these stocks rose 20% to 98%.
Sum up the past year's top gainer group, we find that section, the characteristics of the industry is not very obvious. Various industries are likely to emerge Niugu, of course, cyclical industries out of a high degree of probability Niugu higher, however, does not mean that other industries would be no chance of capturing Niugu, Niugu more from the company their own reasons.
Most of these stocks are rising Niugu sound, but the industry point of view, have a variety of industries, both the industry unique resource stocks, there are commercial and very common in industry. It seems the industry is not able to be a determining factor Niugu Similarly, the size of dinner plates is not the determining factor, CIMC, ZTE, Shanghai and the airport market value of 10 billion from top to bottom, while Suning Appliance, such as market value of 15 Yunnanbaiyao about 100 million, can go very cattle.
Monopoly and lead are common features of So, what factors have contributed to the bullish then these stocks? Such words can be summed up a common feature of these shares, that is, monopoly and lead, and the resulting steady growth.
Look at the monopoly, the so-called monopoly of great diversity, a monopoly of resources, typically, such as Salt Lake potash fertilizer, potash fertilizer has brought a unique stream of profits, such as mine also belong to non-renewable resource monopolies. Maotai, Yunnanbaiyao belong to another type of monopoly - the brand monopoly, white wine, and is nothing new, but it was only found in that place Maotai, only where the water brewing out of Maotai, so formed can not be copied to a unique brand. Shanghai Airport is a regional monopoly, the airline makes a profit or lose money regardless of the aircraft parked at the airport had to pay for as long as the airport Hanlaobaoshou, which is a Buffett-called "toll bridge", there is a similar highway, port.
Monopoly has brought super profits, take a look at gross margins of these companies will be able to understand the value of these companies. Many of the company's gross margins to be much higher than the typical company.
Look at the leading, and some companies do not monopolize the resources, but to rely on superior management capability, leading enterprises in the industry gradually becomes. A typical set of groups such as the monopoly is not an innate resources of the company, but after 10 years of hard work, has become the world's largest container manufacturer, naturally get more profits. Suning Appliance and large companies owned by business unit, business are highly competitive, low margin industry, but the two companies to seize the opportunity to expand, increase market share, so that high growth performance of the company has gradually become the industry leader, also shares a bullish way. Yantai Wanhua, China Lu Heng upgrade is also of the kind.
Thus, in their own business has certain monopolistic advantages of industry leaders, in the stock market most likely to find favor, most likely out of Niugu, then, if the investors can explore some of the current monopoly has not yet been fully reflected the value of the monopoly leading companies to become winners in the stock market would be much higher probability. Reporter Lian Jian-Ming
