Chapter 603 [The total market value of the stock king, four trillion! 】
When the market opened in the afternoon, many investors thought that the market would gradually cool down, either fall back or go flat, and that it would be unlikely to continue to surge.
As a result, the hot market showed no signs of weakening at all, and a huge amount of OTC funds rushed into the market at an accelerated pace. The funds brought in were like filling the engine with enough gasoline, and they continued to run at full speed. The two cities continued to rise sharply.
At 13:07, all major market software popped up small window news:
[The Shanghai Stock Index regained the 2,900-point integer mark, the big financial concept continued to rise, and stocks such as Xinhua Insurance and Zhongguo PICC closed their daily limits.]
At the same time, Big A's No. 1 stock king continued to rise at the opening of the afternoon. The securities sector's rise has reached more than 8%, and led the index to continue its upward attack.
At 13:13, all major market software popped up small window news again:
[The Shanghai Stock Exchange Index rose by 2928 points, with a cumulative increase of +20% since January 4, and the three major indexes have all increased by more than 20% since October last year. A-shares have officially entered a technical bull market.]
At this time, the 160 million stock investors in the two cities were all as excited as if they had been given a shot of chicken blood, shouting in various ways that the bull is coming.
The term "technical bull market" was coined by North American Wall Street. Generally speaking, it refers to an increase of more than 20% in the short to medium term. At this time, the market activity usually increases significantly. Some technical analysts look at indicators and Saturn.
Investors will speed up the pace of capital entry.
A large amount of off-market funds are indeed entering the market in a big way.
At 13:20, all major market software pop-up small window news:
[Tian Sheng Holdings rose +7.82%, and its stock price and market value both reached a record high, 50,003.34 yuan per share, reaching the 50,000 yuan mark for the first time, and the total market value reaching the 4 trillion yuan mark for the first time. 】
At this moment, the stock king’s time-sharing chart barrages and comments are unprecedentedly popular.
"With a share of 50,000 yuan and a total market value of 4 trillion, this is the end of the universe!"
"Wadmaya is 4 trillion, what is the concept? The total market value of the Shanghai Stock Exchange Index is only 32 trillion, and the stock king alone accounts for 12.5% of the weight ratio of the main board or 6.89% of the weight ratio of the entire Big A."
"When other stocks are neither rising nor falling, a daily limit of the stock king can increase the index by +1.25%. He is worthy of being the number one stock king in Big A... [cover face] [cover face] [cover face]"
"I bought 300 shares of the 16-year-old stock king on the day it was listed and have held it so far. The cumulative return rate is +812.76% (including dividend income), the cost price per share is 6,253 yuan, and the market value of the position is 15.001 million yuan. I plan to sell it today and transfer it to
The bank card didn’t work, oh, it turned out to be a demo account.”
"Hahaha"
"Is the stock king going to continue to hit the daily limit today? Crazy, crazy, crazy!"
"Yesterday I went to my girlfriend's house to meet her parents. My girlfriend's family is probably well-off. My uncle and aunt asked me how much gift I would like to give to marry their daughter. I simply reported my situation. I have no car, no house, no savings, and currently no job, but I have
1,200 shares of Tiansheng Holdings stock, and I am willing to give 100 shares as a betrothal gift to marry. After hearing this, my uncle and aunt frowned and objected to the marriage on the spot very unhappy. They came back alone and disgraced without eating. A few days later
My girlfriend keeps calling me to say that my uncle and aunt are very much in favor of this marriage, stock gods, what should I do?"
"How drunk are you after a few dishes!"
"Come on, brother, eat some food, don't just drink."
"1,200 shares of Tiansheng Holdings' stock, the current market value is more than 60 million, brother, even if you say it, there are zero zeros missing, there are 120 shares in total, 10 shares will be given as a gift or something, maybe I will believe it... [manual funny]"
"The daily increase is +9.27%, and the stock king wants to lose money again today? It's too much, too much!"
"Looks like he wants to be cunning!"
"The turnover is 28.9 billion yuan, tsk tsk tsk..."
"The board is on the board, I successfully entered the second board, I am the king of stocks!"
"66666, the securities sector has reached its daily limit."
…
At 13:23, all major market software push the latest news:
[The securities sector hit the daily limit across the board in the afternoon, Tiansheng Holdings rose +10.00% to close the daily limit, the transaction volume expanded to 30 billion yuan, the stock price was 51,014.36 yuan, and the total market value was 4,081.1 billion yuan]
Tiansheng Holdings' daily limit pushed the market conditions of the two cities to new peaks. The rising limit frenzy of the securities sector led the market all the way up. The Shanghai Stock Index's increase expanded to 5%. The market rose by more than 5 points. To describe today's two cities, skyrocketing
The market conditions are not exaggerated at all.
Especially in the securities sector, the sector has reached its daily limit for two consecutive trading days. Even if investors buy an ETF, the cumulative return rate has reached +72% since October 19 last year. Even from January 4 this year,
The cumulative increase has also reached +46.5%. Even if you hold ETF funds in the current market, the income is no worse than that of individual stocks.
The returns of many individual stocks cannot even outperform securities ETFs. This is why the investors of Big A are so stubborn about the securities sector. Although they are a scumbag, every time the other party makes a move, the investors cannot bear it anymore. It is really said that
They are afraid of not coming and being afraid of messing up. From a certain perspective, this is also the characteristic of a scumbag.
It has to be said that investors are still very good at choosing nicknames.
It is worth mentioning that after Tiansheng Holdings stepped out of its second daily limit today, its cumulative increase this year has also reached +38.5%. Although it underperformed the increase in the securities sector, it was far stronger than the broader market.
The most important thing is that Tiansheng Holdings has continued to hit new highs in the past year. Last year, the market fell from 3587 for a whole year to more than 2400 points. However, Tiansheng Holdings more than tripled last year and out of the
A super strong counter-cyclical trend.
After the stock king went out of the second daily limit today, the cumulative increase since the backdoor listing has reached +1836.31% after the restoration of rights. The return on investment of 18 times in three years and the blue chip white horse of ten times in ten years are legendary.
, the only blue-chip big white horse that can increase its share price by 18 times in three years and can accommodate a very large capital market is Tiansheng Holdings.
It is also worth mentioning that before Tiansheng Capital’s annual financial statements were disclosed, the company’s static price-to-earnings ratio was about 15 times.
Now that the annual report has been disclosed, the earnings that far exceeded market expectations have also caused Tiansheng Holdings' static price-earnings ratio to drop significantly to 6.11 times. Now it is basically the same as the big A bank stocks, and only in terms of price-to-earnings ratio, it is one more than the first bank in the world.
It looks like times, but the net profit scale is equal to the first line of the two universes.
The company's latest price-to-book ratio is 1.31. There is no doubt that even though Tiansheng Holdings has skyrocketed and its market value has reached 4 trillion, its assets are still undervalued.
However, valuing a listed company is extremely complicated. Tiansheng Holdings has its own special nature. Although its earning power greatly exceeds the expectations of various investment institutions and analysis institutions, the risks are actually not small, especially the key person risk.
,
To put it bluntly, the reason why this company is so profitable is that Lu Ming's personal factors can even be said to account for more than 70%, or even higher. Can he maintain this ability to make money in the long term in the future?
The answer is hard to say, really hard to say, and the risks involved are quite high.
Although the P/E ratio of 30 times is outrageous, it is quite reasonable considering the actual performance.
Asset prices with a P/E ratio of less than 10 times appear to be obviously undervalued, but in terms of risk exposure, they are reasonable.
Therefore, valuing Tiansheng Capital is currently the most troublesome thing in the capital market. It is reasonable to give a high P/E ratio, and it is reasonable to give a low P/E ratio, but it is really difficult to value.
