Category: Money Tips Date: 2006-07-07
â—?performance of the stock slide
â—?degree of decline in the stock industry, the economy
â—?significantly lighten up the fund's shares
Daily news curtain slowly opened, a listed company is also exposed the true colors. Yesterday, the East thermoelectric announcement said it expects first half of 2005 net profit in the amount of the losses RMB 10 million -1,500. Performance so bad, the stock of natural movements can be imagined. After the resumption yesterday, the East Thermal Power stock was nearly 300 million shares of throwing a single pressure in the lower limit price, the day do not have to open limit-down opportunities.
Is worth noting that, similar to the East thermoelectric performance of this announcement landslide, the stock price immediately Face a minority. June 30, Amoi electronic bulletin mid-term Pre-losing, shares were lower limit. Changfeng Automobile, construction machinery, such as pre-cut Oriental Baolong stocks have seen substantial price adjustment bad trend, and even the short-term decline in many species to reach 20%.
From previous years experience, every annual reports, mid-year report, the market tends to expect out of the performance of wave market, this disk in the stock go Yejiyuzeng is also unsatisfactory, similar to Ha Kongtiao this mid-year report is also expected, the stock suddenly diving.
On the one hand, performance good stocks is far from satisfactory; the other hand, a continuous drop in performance of the species decline. Analysts believe that, in accordance with market conditions this year, the stock market out of the performance of large-scale wave mid-year report is unlikely. On the contrary, nearly two weeks of the disk from the point of view, there are large areas of landmines detonated performance risk. Therefore, investors should play down the performance wave of expectations and risk control will be top priority.
So in actual combat operations, and which plate and performance of individual stocks may be hidden mines, it is worth investors to guard it? Bear Italian Army veteran market participants that the following three types of stocks most at risk.
First of all, a quarterly decline of the stock performance of the most dangerous. Many listed companies have already disclosed in a quarterly operating conditions, in the 4,5,6 three months, unless there is a major assets restructuring moves, the company fundamentals are very difficult to be a big change. Investors should carefully study the hands of a quarterly status of the stock on the underperformance stocks decisively lighten up.
Second, the industry, degree of decline in the economy difficult to secure performance of listed companies. With the tightening macro-control policy, the listed companies to survive significant change in environment, real estate, building materials and other related profitability of the enterprises may gradually decline from a high point, these stocks should do careful long-term performance is expected to estimate the operation and gradually grasp the high lighten up better.
Again, the fund significantly lighten up the stock, the possibility of a great performance fade. Experience on how the performance of listed companies, the fund should be able to grasp the accurate information in advance, many institutional investors will be ahead of the market short stocks to hedge their risks. Investor response to the hands of the stock than last year and this year a report quarterly changes in institutional holdings on the Fund's shares to take simultaneous lighten up lighten up.
