At the end of the last trading day this week, Tiansheng Holdings closed today at 7,435.10 yuan, which is also today’s highest price, up +1.93%. The stock price continues to rise and attempts to break through the previous high.
Judging from the weekly K-line, it rose by +5.08% this week, and the weekly K-line closed with a bald yang.
Investors discovered that Tiansheng Holdings has quietly stepped out of its own independent market and stepped out of the slow bull trend at the individual stock level. It has been almost four months since its resumption of trading. If calculated from the resumption price of 3,000 yuan, the cumulative income has reached +
An increase of 147.83%.
And if calculated from the maximum drop of 4,398.56 yuan on the first day of resumption of trading, the cumulative profit from bargain hunting has also reached a 69.03% increase.
Even if it is stuck at the high point of 7690.88, as of today, the floating loss has narrowed to -3.32%. According to the current trend of Tiansheng Holdings, it is possible that next week it will be able to release all the early hold-ups and innovate.
Investors who had chased the company from the highest point and then cut their losses at the daily floor price of 4,660 yuan, saw Tiansheng Holdings' today's price four months later and were speechless. They couldn't express their pain and could only curse themselves.
And some of those who cut prices at floor prices have suffered cuts in other stocks in the past four months. Looking back at today's price of Tiansheng Holdings, it is definitely a double blow to the rhythm of self-isolation.
While some people are sad, others are happy. No matter how cruel the market is, there will always be about 10% winners.
Tiansheng Holdings also has tycoon retail investors who bought the bottom of 4660, and there is also no shortage of retail investors who got lucky and bought Wendi shares before backdooring and won until now. The cost of 3,000 yuan has doubled.
But what’s interesting is that these retail investors who doubled their profits happened to delete the software. Since they were deeply trapped in buying Wendi shares before and it didn’t make much sense to cut them off, so they deleted the software out of sight and out of mind, and treated it as a family heirloom.
, and gradually forgot about it.
As a result, Wendi shares were backdoored by Tiansheng Capital. When the assets were liquidated and replaced, Tiansheng Capital also generously compensated the few retail investors who were still there for their floating losses, so that their holdings could be unified.
Resumption price cost of 3,000 yuan.
Data shows that the small number of investors who have not moved a share so far are basically investors who have not read the market, forgot their accounts, and deleted their software.
Everyone who heard the news and read the market software ran away on the first day of trading resumption. At any rate, they made money and were much better off than those investors who rushed in at a high point and then cut their profits at the next day.
Under the circumstances at that time, there were few retail investors who could withstand the panic.
…
After the market closes today, Tiansheng Capital will hold a public financial report conference call on time at 16:00 p.m. Investors participating in the conference include major LP institutional investors, large funds, retail investors, etc.
As long as you hold 1 share of Tiansheng Holdings stock, you are a shareholder and you can participate in this conference call.
As the conference call approaches, investors from Tiansheng Holdings across the country, including some retail investors who intend to participate in the conference, call in according to the dial-in number they received, state their name and company, and then access
.
Before the conference call begins, participants will be told which number they can press to ask questions. When it comes to the question-and-answer session, they press the number and enter the queue to wait. When they reach the queue, they will be reminded and then they can ask questions.
Compared with traditional meetings, conference calls have the advantages of rapid arrangement, no time and geographical restrictions, and low cost. A total of 267 people participated in Tiansheng Capital’s financial report conference call.
As the time approached, Lu Ming, who was in his CEO's office, received the news and put down his work. He used the landline phone in the office to access the phone number and password to enter the conference call.
The financial report conference call for Tiansheng Capital and investors started on time. In addition to Lu Ming, the company's management attended the meeting, as well as Tiansheng Capital's chief financial officer, Ge Feng, the person in charge of the primary market, and five other senior executives.
participate.
Lu Ming sat with his back leaning on the boss's chair without saying a word. After a while, the voice of a female host came from the conference call: "Good afternoon, dear investors! We will use the next hour and a half to hold a meeting.
Q2 financial report meeting to communicate with investors, let’s talk about the background first..."
In the conference call, the host first introduced the recent situation of Tiansheng Capital, mainly focusing on overseas business investments, the domestic capital market's focus on building the "Tiansheng 150" investment portfolio, and the three primary market PE equity investments and VC venture capital.
A brief introduction to the background is given.
The host completed a brief background introduction and finally said: "Now, Mr. Lu Ming, founder, chairman of the board and CEO of Tiansheng Capital, will take over the meeting."
After a while, Lu Ming, who was sitting in the office, entered the service area and began to speak: "Good afternoon, everyone! The company's management is very satisfied with the performance in the first half of the year. The interim results are enough to show that our operations have strong profitability.
Since the first half of the year, we have actively promoted the diversification of our business operations and investments, which will allow Tiansheng Capital to have greater room for revenue and profit growth in the future."
In his simple opening remarks, Lu Ming set the tone, which was "diversification" or "diversity." Investors present at the meeting also noticed this.
Lu Ming continued: "The company's future strategy is to further promote the diversity of fixed income, currency and commodity businesses, and the investment segment is committed to improving, broadening, strengthening and diversifying our interactions with invested companies."
"What about equity trading? Diversify as well. We're progressively diversifying across products and geographies, and in the second quarter we saw the benefits of that, with strong performance in both cash flow and structured products across
Cash and derivatives, across business lines in different regions.”
"Tian Sheng Capital's global stock investment portfolio is also extremely diverse. It currently has more than 200 different investments. As for investment management, driven by diversified asset management business and differentiated private equity management business, Tian Sheng Capital
Record revenue was achieved.”
“The strategy of diversity is benefiting Tiansheng a lot, and this road to diversity is not over yet, and Tiansheng attaches great importance to generating higher income through renewable sources, such as investment management, thereby generating noteworthy operating leverage and achieving
Diversification of profit models.”
"Why should we emphasize diversity? Or diversification? The answer is to allow Tiansheng to have a variety of growth opportunities without relying on any single business. If the PE business performs generally, the VC business can make up for the difference; if the VC business does not perform well, the transaction
The difference can be made up; if the trading performance is not satisfactory, the investment management may be able to make up the difference..."
"Trading remains Tiansheng's largest business by far, which soared to 61% in the second quarter as investors responded to stock, bond, foreign exchange and commodity market fluctuations and realized, over the long term,
Diversified management is very necessary..."
Most of the attendees were institutional investors and there were professional investment research analysts, so they listened without any pressure.
But some retail investors also came in during the conference call, about dozens of them. Of course, the retail shareholders of Tiansheng Holdings are also relatively wealthy. Except for individual retail investors like Price Tou Lao Yang, yes, Price Tou Lao Yang
Yang also participated in Tiansheng Capital’s earnings call.
Most of them are here to make soy sauce, and some are even participating in a conference call of a listed company for the first time to feel fresh.
Of course, it's a bit too much to say soy sauce. Retail investors came to the meeting mainly to ask questions and prepared some questions. But the core issue is, as expected, how the stock price will react, EPS, ROE, etc.
