Category: Money tips Release Date: 2006-10-28
China's securities market is quietly changing, some funds are returning the stock market, the mentality of investors who are changing subtly.
"You see how good I bought the stock, today's fast-limit-of." Fung real estate professional managers, not without proudly show off to reporters. Mr. Feng Zuo Gupiao from the early nineties, when the indemnity earn less. Later, he bought the stock to do the first homework is to see the company's dividend record of the past.
Even though earnings per share listed companies, no matter how high, its dividend policy, dividends or high Major Holders prefer not to, he also firmly not to buy. "Do you think this reason, the company sent the stock, your earnings per share and net assets will be diluted, and what's the point?
I firmly believe that only give you an annual dividend the company is good company! I now buy all these shares, the annual dividend income are more than 200,000, not including the appreciation of the stock itself. "
It is precisely because Mr. Fung has been a lot of investors think the stick forward to this very "silly" ideas, over the years despite the market slump Fung not only failed to losses, but the losses of the previous winners on the back and make a fortune.
"In fact, there are a lot of stocks all came to have investment value." These years have been entrusted to do something to make a living in financial management, Mr. Mo not think so. With the development of stock reform, Mr. Mo pondering for a few days, or a portion of funds invested in the stock market. But he himself has set a few iron law: first, do not buy junk stocks, and the second non-cash dividends, do not buy the stock.
"Shanghai and Shenzhen stock markets despite Shang Qianzhi, but in line with my demands are not many," Mr. Mo to his mind the small 99 to come clean, "such as Baosteel, Foshan Lighting's stock has made it clear that the three-year cash dividend commitments, Baosteel By that 4.2 yuan / share buying, yields should be around 7.6% (Baosteel committed to three years of cash dividend of not less than 0.32 yuan per share), planed to a 10% tax, the actual earnings in 6.8 % or more.
Moreover, under normal circumstances, the cash dividend in June Dao Zhang. In this case, I mean just spent three months on a year to obtain the benefits of Baosteel stock dividend, which is a more cost-effective trading ah! In fact, Zuo Gupiao most important thing is attitude, as long as you're not greedy, you want to earn a share of earning money, and normally does not suffer.
I bought more than 50 million shares of Baoshan Iron and Steel, in addition to 5% of my clients fixed rate of return, I can earn about 2% of the spread (compound gains), as long as holding the kind of mentality as buying bonds, these three years of life should be over very moisturizing bar. "
