After mid-August, the interim results of major listed companies were released one after another. With the performance statements of the rare metal lithium battery industry sector, investors in this sector could no longer sit still!

The equity changes disclosed in the interim results of listed companies such as Yiwei Lithium Energy, Ganfeng Lithium Industry, and Xiamen Tungsten Industry show that Tiansheng Value Growth Mixed Fund was the top ten circulating shareholders of these companies in the last quarter.

Data disclosed in the interim report performance shows that it is gone!

The first brother ran away last quarter!

On major market software, the comment sections under these stocks are in full swing.

"Damn the first brother ran away. I am still standing guard in Ganfeng, and I am trapped -20% feeling pills!"

"No more!"

"Damn it, Beifanghua Chuang is gone, and the conference call is full of hype, but the people here are gone, so this is the best guy!"

"Tomorrow's pedaling run!"

"It's also a trick to chase star fund managers!"

"No... Why didn't you enter at the beginning of the year? The top guy said he would not take the blame. At the beginning of the year, it was a clear card for opening a large-scale trading position in Sheng Yaoji. 17 stocks built positions and went through large-scale trading, all of which were made public. Why didn't you enter at that time? But they doubled in July before entering? Yiwei Lithium Energy rose +192% from February to July; Huayou Cobalt Industry +223%, and Beifanghua Chuang also doubled..."

"It's so miserable, the first brother can't take me...[cry]"

"To be honest, the positions of these tickets are just a fraction of the Tiansheng Yaoji, and they may be replaced by the No. 1 brother at any time. Why don't you get the No. 1 brother's "Six-Meridian Divine Sword" if you want to copy homework?"

"What the hell is the Six-Meridian Divine Sword?"

"Haitian An's Maowulu! Haitian Weiye, Tiansheng Holdings, An's Co., Ltd., Maofu, Wuliangye, Luzhou Laojiao, Tiansheng Yaoji's top six heavy holdings are unmoved,"

"The net value of Tiansheng Yaoji is 3.8981 yuan, and the cumulative increase this year is +108.22%, which doubles. Isn't it good to buy Yaoji? Mao Kuo has increased by more than 60% this year, surpassing Mao Kuo for half of his body. Is it fragrant in Yaoji's arms? Is it good to have a good deal...[Eha.jpg]"

"The last time Tiansheng Yaoji closed the subscription channel, it is not open yet. When will it be opened?"

"The blood letter from Ten Thousand People is asking the No. 1 brother to open the subscription of the evil girl!"

"Another has taken drugs this week? Is it so fierce recently?"

"Another company's stock price of 97.95 yuan, the total market value of Anma has exceeded 1.5 trillion yuan, second only to the first line in the universe. I am stupid!"

...

This week's market is after a sharp rise on Monday. The market fell apart in the next four days, pouring cold water on investors.

Today is Wednesday, August 17. An's shares accelerated their trend and became a star player of the big blue chip this week, and suddenly gathered a lot of popularity.

It turned out that Anshi Co., Ltd. was going to disclose its interim report performance tonight. The market interpreted the three consecutive boards as funds betting on Anshi Co., Ltd.’s semi-annual report performance. At the same time, the stock price showed that Anshi Co., Ltd.’s performance in the first half of this year was not much worse.

On the evening of the same day, Anshi Co., Ltd. disclosed its interim results. The company's operating income in the first half of the year was 192.965 billion yuan, net profit of 23.773 billion yuan, and non-net profit of 21.979 billion yuan.

The interim results far exceeded market expectations.

It is worth mentioning that in addition to the expected interim results, An's shares are also inseparable from the fact that the market in August is a rotational driving effect of large blue chips. Although the market's stock game pattern remains unchanged, the highlight of this round of rise is that it drives the market to rise above the 3,000 point mark, represented by large blue chip stocks, which is completely different from the previous theme stocks with small and medium-sized stocks as pioneers.

The market style has obviously changed, and the real institutional main funds have actually begun to accumulate strength.

Range, on Thursday the next day, An's shares opened directly lower than -5.23%, and then rose all the way. When it turned red, many retail investors chased in. As a result, they turned green and plunged again in less than half an hour. They fell all day and fell -7.32% on the closing day. The investors who rushed to the high in the morning were scolded by the investors who were scolding each other.

"Made thought it was a low-opening and high-opening to scare the panic market, but he was a temptation to lure multiple tricks. There were too many tricks!"

"With the help of favorable shipments, IMHO I'm bluntly saying that all those entering the market today are all leeks."

"The main force of Ma De is not a person, and I have thought of using profit to ship goods. However, this situation is often not a bidding opening high to attract leeks to enter the market. When the leeks open low, they usually dare not enter the market. It is difficult to ship goods. It is more of a panic and easy to pull up!"

"Haha, so the main force predicted your prediction and made a wave of inducing many people."

"Remember an iron rule: all news at high levels, whether it is good or bad, are considered negative. If you give good news, you can borrow news to ship it. Bad news will be like a collapse and run away in a stomp. At the same time, if you don't give news at low levels, bad news will continue to fall. As long as the news is basically good, good news is a real positive, and good news is a real positive, and bad news is a good news that is successful and successful."

"I don't think about it. An's shares are 107.75 yuan in one board, with a total market value of 16,700 yuan. They are all going to surpass the first line in the universe and become the Big A Blue Wave Bay. Even if the performance exceeds expectations and the fundamentals are very strong, the possibility of a short-term decline is far greater than the upward rush."

"Think about the stock price last year at 12.86 yuan, and now at 97.95 yuan, setting a maximum cumulative increase of +661.66%. Missing this big bull stock has left tears without pattern..."

...

Anshi Co., Ltd. has indeed been a very strong listed company among big blue chips in the past year. Lu Ming forcibly changed the logic of this company. Now it is a big stock with institutions.

For investors with large funds, another great advantage of this ticket is that it will be paid dividends every year. If the performance this year can reach a net profit of 40 billion yuan, it can guarantee at least 18 billion yuan of dividends.

There is no doubt that such tickets are suitable for long-term holding.

Tiansheng Capital currently holds 967 million shares of An's shares, accounting for about 6.23% of the total share capital. Based on today's closing price of 90.78 yuan per share, Tiansheng Capital's holdings market value is 87.784 billion yuan.

The cost price of holdings is 16.23 yuan per share, which can be called the floor price, which means that An's shares held by Tiansheng Capital are now profiting 72 billion yuan, with a cumulative yield of more than +459%, which does not include dividend income.

If dividends are included, the holding cost may become negative over time.

The current price-to-earnings ratios of Anshi Co., Ltd. are 36.32 times and 53.55 times respectively. The current valuation is obviously relatively high, but it is not too outrageous. Such companies have strong performance fundamental support. As long as their performance can maintain such high growth, the PE valuation can decline in two years.

It has to be said that it is a very headache for institutions to price Anshi Group for PE valuation. The differences between institutions are actually quite large because this company is too diversified. As the saying goes, it is mixed but not refined. However, Anshi Group currently operates all major businesses, and several core businesses have basically achieved the top position in the industry.

If Anshi Group is positioned as a traditional manufacturing industry, the PE valuation pricing of 53 times is definitely so high that it is so high, and 20 times PE is higher; if it is positioned as a consumer company, its PE valuation pricing should be around 25 to 30 times the price-to-earnings ratio; if it is positioned as an insurance company, its PE valuation pricing should be around 15 times the price-to-earnings ratio.

This year, the management of Anshi Group once again explained the company's determination to strengthen its transformation and upgrading in its interim results. This is a major decision and a key factor in the market's PE of more than 50 times, which also shows that this large group is still enterprising.

No matter how the valuation and pricing are, it is the market consensus that Anshi Group's current stock price is a bit inflated.

But then again, Lu Ming was deeply touched by how to price the PE valuation of Anshi Group.

The transformation of Anshi shares today reminded Lu Ming of a company called "Dongfang Communications" in his previous memory. In just a few years, the funds were speculating on the 5G concept, and Dongfang Communications was speculated to the sky. In just half a year, the stock price went from more than 3 yuan to more than 40 yuan, which increased tenfold.

The company has clarified that there is no 5G business, and the funds say whether you have it or not, and whether the funds buy it or not is another matter.

Last year, no one was interested in An's shares’ prices below 15 yuan because the institutions did not buy your account.

When the funds don’t buy you, the total assets are more than 500 billion, but the total market value is only a pitiful 200 billion. Now you buy your accounts, and institutions are crowded with you, and the total market value has reached 1.5 trillion.

Capital says you are powerful, but you are powerful even if you are not powerful.

...
Chapter completed!