Category: Money tips Release Date: 2007-02-18
Began in 2005 in order to market by Bear shares transferred into the direct driving force cattle. However, in most listed companies to complete share reform, the share reform momentum has changed, its value in the commitment to become a part of the basis for judging the performance of listed companies, especially those who have committed to the performance of stocks and dividends, its stock price rise in long-term power , is currently the hot topic of concern.
Commitment to support the stock price change In the stock restructuring of the various commitments, including when the listed company's share price fell after the share reform will start to increase the content of prices, or additional shares or cash, these commitments are a direct stimulus to the performance of its stock to fall even in the adjustment the stock also has strong support. Commitments, such as Xiamen Overseas Chinese Electronics shares is not less than 5.28 yuan, G Tong Wei commitment to one year after the last 10 trading days after the share reform of not less than 6.5 yuan, G conch, G Chien-fa, also similar to the price of commitment, market performance also showed that share prices of these stocks have not fallen below the price promise. Promises have been realized from the dividend point of view, stock prices have pulled up a great role, such as the G Dumas is a 2005 commitment to large-scale Major Holders and dividends, the implementation of Han's Laser 2005 Unit 10 to send five equity Zhuan Zeng, G Copper peaks 10 to send five shares of bonus shares, G Tianye 2005 Zhuanzeng stock dividends and 10 shares for 10 to send their share prices also will rise sharply, which are shown in addition to direct Major Holders right price, the stock reform commitment listed company's share price movements also have a great influence.
In the long run, only good performance is supported by the fundamental guarantee of higher stock price long-term, but able to carry out a higher proportion of cash or stock dividends, were indicative of the future profitability of the company, these are all great role in supporting the share price .
There is a long-term investment opportunities From the stock price change on the content of a number of individual stocks can be found in medium to long term opportunities, particularly those who have committed for the long-term performance of listed companies, but should be actively concerned about the long-term variety. The near term, stock index in the shock pattern, often appeared sell into the trend, for some stocks is precisely in terms of short-term opportunities for active participation, especially those who have commitments in mid-2006 stocks. If G Fujian Province in mid-2006 the implementation of high-speed promised 10 Zhuanzeng 5 shares Major Holders, three bedrooms Lane in mid-2006 will present 10 Zhuanzeng of not less than seven stocks program Commodity City in mid-2006 implementation of the 10 rides, 10 yuan faction are dividends, G Hanshang carried out in mid-2006 no less than 10:6 in Zhuanzeng, G Eastcom mid-2006 was 10 Zhuanzeng 10 shares. These stocks have a higher proportion of the Major Holders, and will be launched in the near future, while the stock is a recent adjustment in the market lower, in which investment opportunities fairly obvious.
In the long run, those committed to the future performance of substantial growth in individual stocks is even more varieties of long-term concern, because only the performance of sustained growth in the long-term stock price can be guaranteed the right direction. If G Guodong promised performance year on year growth in 2006 of not less than 100% growth year on year performance in 2007 of not less than 50%; 100 Group is committed to the East from 2006 to 2008 average annual compound growth rate of not less than 30 results %; G Sea King was committed in 2006 performance is not lower than 4000 million in 2007 the performance is not less than 1 million; promised in 2006 net profit of China's clothing is not less than 1000 million in 2007 net profit of not less than 20 million yuan. Commitment to the performance of these listed companies are more prominent growth to ensure that within the next two years, operating profits, but also so that the two years the stock will perform well, investors can be carried out from these stocks to find and grasp opportunities.
Investment should be based on the fundamentals-based Should be pointed out is that for more varied types of value commitments, in particular the large-scale Major Holders of the commitment to short-term share price have a greater role in promoting, but in the long term, the fundamentals of listed companies is the key to stock price and fundamental decisions factor. Therefore, investment in these stocks need to be selected according to different characteristics, those short-term or short-term performance of large-scale Major Holders substantial growth but then stocks in order to smooth short-term participation in the main; those three consecutive years of growth performance of individual stocks is a long-term commitment to involved species. For those who do not support the commitment to long-term performance, investors should be the adjustment in the market fell when the bargain-hunting participation, but the commitment to fulfill the post-out rallies. Of particular note is that, for those who did not meet promised performance requirements of individual stocks, even if the share price recovery on the delivery, but that these stocks is difficult to achieve the desired results, the future growth problems, such stocks should be avoided in time.
Taken together, share reform is the implicit commitment to do more strength effects on stock prices a long time. But shares of individual stocks as a whole in terms of reform to make relatively small number of committed individual stocks, you can focus attention. The existing listed companies will be large-scale semi-annual report released at the same time market is going through an adjustment period, those shares have changed the performance or dividend commitment to have a more significant group of listed companies, investment opportunities, worthy of attention.
