Category: Money Tips Date: 2007-06-04
1. Price-earnings ratio and growth of a sexual relationship if I choose the stock price-earnings ratio is 20 times, if I can determine the next three years the unit compound annual growth rate of 20% or more, then I will be considering the purchase of general situation, namely, price-earnings ratio multiple of = the next three annual compound growth rate of a minimum percentage of the number.
2. In the next three years, more than 18 percent compound annual growth rate
Growth is the rising stock price momentum, if not growing, it will lack the purchasing power of people, even if the stock price is low, they can only be expected to stock rehabilitation rise can not continue to rise.
3. Product gross margin above 20% product gross margin as high as possible, in the past three years, the face of rising product gross margin and stability can not be a downward trend.
4. As large as the total profit of China Merchants Bank, Maotai, Wuliangye, Shanghai airport, copper all, the total number of only a few hundred million profit the company not to vote for.
5. Cash flow the better I like to make more profits, cash flow a good company to deal with the money the company can not be wrong is to hanging around "moneyed." Because such a company can always make use of their "cash" things that "accidents."
6. Capitalization than the big dividends over the years such a corporation is not a fake, very "tough." And the company's products the best and your life can be related enterprises, such as Yunnan Baiyao.
Most brand-name price to get approval in order to continue to rise, choose the brand we all know that can save time for publicity, the most easy to form all at the same time optimistic. This "locked up" A lot of shares, stock prices continued to rise more easily. Such as China Merchants Bank, Maotai, Wuliangye. Giant brand, the baby's equity in general, the small capital will enable us to share the double dividend, that is, their own corporate earnings gains, equity expansion proceeds, the big brands also be able to guarantee its expansion drive. Such as Yunnan Baiyao, Huangshan travel, Rebecca, daughter of medicine, Lijiang tour, Jiang Chinese medicine, Ma Ying-long, Tong Ren Tang.
Clear See "bottom"
If the stock price of the most "bad" results can be seen, then we can make risk-free arbitrage, such as 102 yuan convertible bonds when the China Merchants Bank, 13.6 yuan in Shanghai Airport. Ten years later ... ...
Select Do you think this business 10 years later still be able to "exist" enterprises, these enterprises include "long-established" no rival enterprises, such as airports, highways, piers. Industry profits turning point of the enterprises such as the current banking, tourism, high growth performance (30% or more), such as China Merchants Bank, Huangshan Tourism.
