Category: Money tips Release Date: 2007-01-04
The venue is still relatively high popularity, although the index near the line in six months has been hesitant, but continue to issue multi-edge upside, the index back on the half line
Sinopec yesterday's rebound leader affected by the tax increases, there is a callback pressure, high platform, coincides with the early suppression, the power to do more affected. China Unicom is to resist, although the middle repeatedly, but very active buying volume is also significantly larger.
Currently active mainly in technology stocks and Shanghai local shares, Synica, Wangchunhua, Huaxin Cement, Hunan investment limit-dozen stocks, G Unit also generally rose, G 7 wolf daily limit, indicating the venue is still popular Comparing high, although the index has been hesitant near the line in six months, but continue to issue multi-edge upside, the index re-stand for half a year online.
Quotes is mainly based on the current round of reform is expected to share under the hype, nothing to do with value investing, it is estimated in the Yangtze Power G Unit and G-share listed Baoshan Iron and Steel until the broader market will not have much room to come down. Can be predicted that the next investment hot spots within a period of time will continue to expand around the G Unit.
Of course, investment strategy, whether it is pre-intervention or intervention during the first phase of resumption, all must take into account the quality of the company's operations. G of the company and do not represent the upgrading of its intrinsic value, but the split share structure resulting from the elimination of systemic risk, the stock price to its intrinsic value of rational return. In the stock split is resolved, the determinants of value of the company will be more rich and mature, and not only look at the company's operating performance, depends on the company's governance structure, and dividend policy.
1 without good corporate governance structure, in the full circulation of the market environment, is difficult to have good business continuity. Dividends sustain in mature markets as a major factor in long-term value investing, will also play a larger role in the level of light have a good performance rather than return to shareholders stingy person, the same investor would have been cool.
Dividends as Baosteel made commitments to maintain its market performance will inevitably become an important weight, according to their 3-year dividend to make commitments and current prices, the annual dividend rate of return of investment will reach about 6% over the proceeds of bonds rate is still much higher, which will undoubtedly have a strong appeal to investors, Baosteel will be in the domestic market for the first time a real sense of the long-term value investing. Therefore, the initial stock selection, can not fail to consider the cash flow factors, ports, airports, highways, beverage and other industries should focus on the stock.
In addition, the non-tradable shares reduction factors to be considered. Here the key is how companies in the national economy and industry status, management has put on the state-owned economic sectors and sub-holding ratio of guidance from the major industries in order to strengthen state control over the company's shares, which can be a very large extent mitigate the impact of reduction of non-tradable shares, so these aspects of the stock from the risk reduction is much smaller. This provides a choice from another angle, the idea of shares of stock reform, banks, energy companies can not be ignored.
As the market has started to change a number of potential shares of stock to carry out excavation, so in line with the above options may have been thinking the performance of the company, when should pay attention to is the company's valuation, if the apparently high, even if the share reform of the likelihood of large and it is not pursuing high to intervene in case of speculative funds have been injured.
