After Lu Ming came out of the trading room, he couldn't go in again until the market closed today, but he had no intention of going in again after he came out.
In addition to being the fund manager of Tiansheng Pioneer Mixed, Lu Ming is also the head of Tiansheng Capital. The company has other tasks to deal with, so naturally he will not waste time drinking tea in the trading room.
Back in the office, Lu Ming opened the market software on his work computer, entered the trading code of Anshi Group, and looked at its stock price. As of now, it is 14.28 yuan per share, with a total market value of about 225.6 billion.
An's Group can be said to be a standard high-quality white horse stock. The company's fundamentals are very good, but it is seriously undervalued. In Lu Ming's opinion, its stock price is at least 70 yuan.
However, in the past two to three years, such an outstanding large-scale enterprise group has been developing steadily and steadily. Its stock price has seriously deviated from its company's fundamentals, and has maintained a downward trend for three consecutive years. It once fell to 100% in September last year.
The price is 10 yuan per share.
You know, this is a super market stage. Even if it rises from 10 yuan to more than 14 yuan now, it is only an increase of more than 40 percentage points. In normal times, it may not be bad.
But compared to other stocks in the same period, there are many stocks that have tripled, four or even four to five times in half a year. In comparison, Anshi shares are simply rubbish.
Under the major market software, click on the ticket of An's Shares, pull it to the discussion area, and all you will see are comments from stock investors yelling at it.
There are a lot of retail investors on this ticket, and everyone’s buying logic is actually very simple. Anshi Group is an excellent company, and at the same time it is at a low valuation, so everyone buys it.
However, everything seems to be going well for Anshi Group, except that the stock price is not rising well. Some people believe that there are too many retail investors, so the main force is unwilling to increase the price.
"I'm determined to eat this big piece of meat." Lu Ming said to himself, and after looking at it for a while, he closed the market software.
…
As the market closed today, the Shanghai Stock Exchange Index surged +1.55% to close at 3502.85 points. Not only did it continue to hit new highs and reach the 3500-point integer mark, it also regained and exceeded 3478.01 on August 4, 2009 after nearly six years.
High point.
The airport shipping sector and the port shipping sector were among the top gainers. These two sectors rose sharply by +7.37% and 4.58% respectively. The aviation and shipping industry sector set off a rising trend.
People who bought the Tiansheng Pioneer Hybrid Fund saw that today’s net worth is estimated to have dropped by -0.76%. This hybrid fund now has two groups of investors, one group is investors who don’t know the truth, and the other group is Lu Ming’s fans.
Stock conversion.
Most of the former people click in accidentally, see the indescribable benefits, leave a comment to complain and then run away.
The latter are not worried at all, especially the die-hard fans who paid attention to "Single Deer" in the early days. Seeing that the net worth estimate has turned green and the yield has retreated by more than 30 points in the past six months, their hearts are still as stable as an old dog.
They all know that the current net worth estimate is meaningless. Brother Yi has already adjusted his positions and exchanged shares yesterday. If he wants to see the actual position status, he has to wait until the first quarter results are announced to find out what the latest top ten stocks are.
Already.
However, they did not know that even if the latest positions were announced by then, it would not be of any use. It would be inaccurate for at most two trading days, because Lu Ming would definitely adjust positions and exchange shares again, but the next update would be
Have to wait until June 30th.
The platform’s reference for estimating net worth is meaningless to Tiansheng Pioneer Mix.
A passerby who didn't know the truth accidentally clicked in. When he saw the messages in the comment area, he felt very strange. Many new comments were discussing whether the increase would be 5 points, 7 points or 6 points today.
Look at this chicken, which is almost at the bottom of the rankings of its category. The more you look at it, the weirder it becomes. You immediately mistake those bullish comments for trolls and scare them away.
…
As the time came to nine o'clock in the evening, many investors who subscribed yesterday clicked on Tiansheng Pioneer Mix to see if the net worth had been updated. If not, they waited for a while and then refreshed to check.
At about 9:20, the net value was finally updated today: 1.2108 yuan (+12.97%)
The comment area below is a direct blast.
"Wori!! Why has it risen so much?"
"Do you want to be so cruel?"
"Increased by nearly 13 points?"
"What did Brother 1 buy?"
"Jubi has made a T, or has adjusted positions and exchanged shares. Old fans from Taoba all know how cruel Yi Ge is to do a T. I still can't forget that day on January 9 last year, Yi Ge made a T in Zhongxin
T, the profit was 30 points that day, and the position was 30 points full!."
"No way, the position was adjusted yesterday and again today? Then the net value estimate will still have a reference value of P in the future?"
"There is no need to look at the net worth estimation reference in the future, it is meaningless."
“The organization provides ultra-short one-day tours within the day, and the operation is breathtaking, absolutely amazing!”
"What kind of fund is this? Why is there such a huge gap in net worth? Is the increase too exaggerated?"
"Niubi, the accumulated net worth increased by 21.08% in the two trading days this week, directly ranking first among similar funds in terms of weekly increase!"
"Brother Yi will always be a god!"
"Understood, stud, the warehouse will always be full, and the blood will always be crazy!"
"This chicken seems to be going crazy. You can only buy it but not sell it. No matter when you buy it, it will be at a relatively low point. No matter when you sell it, it will sell out."
“Add more positions, add more positions!”
After the net value was updated, a large number of people were stimulated to subscribe frantically. Basically, it was Lu Ming's die-hard fans who were buying. For those who didn't know him, they still didn't dare to buy after seeing the exaggerated increase.
…
The following day is Wednesday, March 18th.
The funds subscribed the day before also entered the depository bank of Tiansheng Pioneer Mixed Fund today. The scale of subscriptions has surged greatly, with 319 million yuan received today.
Tiansheng Pioneer Mixed Fund’s capital reached a scale of 637 million.
As soon as the results of the call auction came out in early trading this morning, Lu Ming directly issued a commission order and used yesterday's subscription funds to buy two major cars in the north and south, namely Zhongguo South Locomotive, Zhongguo CNR, as well as TCL, Jinke Co., Ltd., and Zhongguo Zhongke.
Railway and Zhongguo Railway Construction also filled up their positions in Jingdongfang A to 60 million, and still maintained that the top seven heavyweight stocks accounted for 70% of the total positions.
At the opening stage of continuous bidding, Lu Ming sold out all the stocks he bought yesterday after they surged higher, and continued to speculate as an institution on a one-day tour.
The funds that came out were used to buy other targets in the subsequent trading, and then the position was raised to 95% of the top position. There is no light position here in Lu Ming, only full and short positions.
After this round of stock rebalancing, he held a total of 19 stocks. With the expansion of his capital base, Lu Ming had to reduce the proportion of individual stock holdings because he wanted to pursue yields and at the same time ensure that he could leave if he wanted to the next day.
The principle is that you can definitely go.
Lu Ming can also do some small orders, but he cannot enter a heavy position, otherwise shipments will be difficult. Except for the tickets with a trading volume of more than 1 billion, the amount of tickets Lu Ming buys is mostly in the range of 10 to 20 million.
, even if the transaction volume is small, it must be more than 500 million.
Otherwise, it will not be easy to sell when you leave the next day, and it will easily break into a big hole, and the income will be reduced.
If Lu Ming had his own money, he would have gone directly to the two major "magic cars" in the north and south today. Such large tickets can easily have tens of billions of transactions, and they can be gone within a day no matter what. Even if they hit the nuclear button and hit the market, they won't.
It made too big a hole.
But there is no way, the fund's full position in one stock cannot exceed 10% of the total assets.
…
As time went by, at around 9:30 pm, the net value of Tiansheng Pioneer Mix was updated. Today’s net value is:
1.3515 yuan (+11.62%)
Lu Ming continues to be awesome!
Investors who subscribed to the Tiansheng Pioneer Hybrid Fund continued to revel. They had never seen the fund rise more exaggeratedly than individual stocks, and even exceeded the daily increase of more than 10% in a row.
Then the myth was still not shattered.
Thursday, March 19, net value: 1.5376 yuan (+13.77%)
Friday, March 20, net value: 1.7003 yuan (+10.58%)
Since Tiansheng Pioneer Hybrid Fund resumed trading on March 16 after its net value was unified and Lu Ming officially took over, the intraday increase has exceeded 10% for four consecutive trading days within a week, and the cumulative increase within a week has reached 70.03%.
An incredible achievement.
Investors called the birth of "The Enchantress". On the following weekend, both Christians and stock investors began to talk about it, and the popularity and popularity of Tiansheng Pioneer Mix suddenly soared.
