Category: Money tips Release Date: 2006-10-30
In the first half of this year, Huawei's global sales of 33 billion yuan, up 85 percent over last year, has among the world's major telecom equipment manufacturers of the column. But in 2001, due to dot-com bubble burst, the global telecom industry into a slump, urgent need of funds due to Huawei's trying to A-share market IPO.
Unfortunately, Huawei did not pass by the Ministry of Science and Chinese Academy of Sciences organized a "high-tech enterprise certification" Therefore, the mainland investors lost their investment opportunities for Huawei. Coincidentally, when Gome and Suning a matter of fact, first is to select A-share IPO market, but its unique business model and financial position, so that Gome and Suning are facing not pass approval and market situation. So the United States chose to go to Hong Kong the country shell, while Suning also stumbled through a lot of twists and turns before a lower price in the A-share market IPO. There are similar businesses earlier Wahaha.
Why should we mention these listed story? Because it is about how to get higher profits from the stock market problems. If the A shares of all stock the last decade the rate of return statistics, we will find if you do not consider the reorganization and significantly more expensive stocks, the best five stocks followed by the set of Group, Erie shares, Yunnan Baiyao, Vanke, and first food. Erie shares listed of which only less than 10 years, but shares rose nearly 9 times the circulation. There are four of these five companies belonging to consumption, while the CIMC is the world's busiest container manufacturing industry first. The statistical results were not accidental, and it demonstrates the mainland market, although not yet mature, but the law is to make money in all markets is the same; secondly it shows the ever-growing company can either become the world's leading enterprises, rely on either the domestic market leading end-consumer business, but a few do not have the above-listed mainland companies are in this range. Very much regret that the mainland listed companies (excluding restructuring) after listing the company rose more than 5 times, only the five.
The problem is that capital-intensive enterprises: first, easily lead to excess capacity and thus lose profits; Second, lack of product differentiation, resulting in lower profit margins, unless the retailing such as through a substantial increase in sales to make up. Consumer businesses do not have these problems, so the best companies within the industry must give investors a long-term high-yield, they are also retail investors, one of the best investment choices. Such enterprises include not only food, consumer goods, but also the face of the end consumer retail, catering, network, financial services and other industries.
Eighties of the last century, there are several research scholars have found business generally mature and stable industry has a feature that is dumbbell-shaped structure, with a 3-4 lead and a group of small business enterprises. For the industry number one market share of the enterprise about 30% to 40%. Later, these researchers are applying this rule known as the "34 rule." A variety of domestic consumer goods such as alcohol, water, beverage, dairy, electrical retail industry is facing the stage of the formation of stable structure, even though such enterprises already have some stock to investors higher returns, but investors can continue to observe, five years or even 10 years later, whether these companies that we can bring higher returns.
