Category: Money tips Release Date: 2006-03-11
For the annual theme, the general there are two ideas, or find a substantial increase in company performance hype, or plan to have the distribution companies that hype. Performance of listed companies, investors generally have a relatively reasonable expectations, the real performance of the company's substantial growth ahead of the hype in advance have a process, the so-called performance waves have great difficulty in the operation, but added plans for easier access to the distribution market speculation, so we will look more concerned with the distribution plan of the company up.
At present, the cash dividend the company's significant increase in the market potential for the provision of the appropriate section some possibilities. But the so-called cash dividend subject only speculation a tool, not a major force in the leading run Quotes. So far, the pursuit of cash dividends subject matter limited to short-term nature of funding, and reluctant to conduct in-depth excavation of the subject matter, the lack of incremental funding the active participation of the continuing attacks on the intensity of their Quotes will be restricted. Therefore, we can cash dividends subject of the stock market for a rough guess, the subject of further opportunities for active, but will not perform a strong attack on market, the subjects showed more personality characteristics.
Investors how to grasp the market opportunities?
First, to avoid Kongpanzhuanggu. We found that some stocks have evolved into Kongpanzhuanggu, although the company has introduced a relatively generous allocation plans, but the risk is still behind the huge, these stocks should focus on avoiding.
Second, the company earnings per share, cash flow and distribution of plans to conduct a comprehensive analysis of the risk of avoiding some of the species. Some companies have negative operating cash flow per share, but it introduced a cash bonus plans, will cast a shadow over the company's follow-up development. Such as the Financial Street, which is -5.82 yuan per share, cash flow from operations, but were released 2 yuan for every 10 shares of the plan. Some companies have an unreasonable proportion of the cash dividend, the distribution of its purposes require further analysis. Such as Polaroid China in 2002 earnings per share were 0.19 yuan, has launched a 1.5 yuan for every 10 shares of the plans were obviously not very reasonable, and further observation, we found that introduced cash dividend plans, which are aimed more at In order to re-financing; Again, Xining Special Steel last year, earnings per share of 0.195 yuan, has launched a distributed 5.2 yuan for every 10 shares of the generous plan, is this suspicion of the presence of large shareholders, cash?
Third, observing the movement of individual stocks before their annual reports. We note that there are some statements before the company is reported to have had a relatively strong market speculation, then the company's annual report, when issued, it is possible some shocks. On the contrary, in the annual report published before the mediocre companies, the disclosure of performance reports and launch plans for the cash dividend may be given after the market fell short-term speculation.
Fourth, in order to short-term thinking to respond to market opportunities. Currently on the market speculation of cash dividends subject matter is essentially one or two days of the stock market, then we also should be in operation on the operation of the main short-term thinking Kuaijinkuaichu.