Tiansheng Capital's annual report was able to produce rare and extremely exaggerated counter-cyclical performance in a year when the global capital market was wailing, further making the market aware of the irreplaceability of its helmsman Lu Ming.
As long as he continues to be at the helm of the company and does not slack off, even if Tiansheng Capital offers a price-to-earnings ratio of more than 30 times, it is not unacceptable.
And if something happens to him, Tiansheng Capital's price-to-earnings ratio will be at risk if it exceeds 10 times.
It is no exaggeration to say that if there is news that Lu Ming has had an accident and is temporarily unable to manage the company, the market's first reaction will definitely be to send a lower limit to suppress the shock. After confirming the news, another lower limit will be sent to suppress the shock.
Other news factors are secondary, such as the global economic downturn, changes in the international environment, etc. It is now difficult for these to cause much fluctuation in the stock price of Tiansheng Holdings, because it has now been proven that even last year
In that case, Tiansheng Capital has delivered such explosive performance to the market.
On the contrary, Lu Ming's personal situation will become the most sensitive factor for Tiansheng Holdings' stock price. If it is rumored that he is ill and has to stay in the hospital for two days, Tiansheng Holdings' stock price will fluctuate significantly.
Looking back at the trend chart of Tiansheng Holdings since its listing, no matter where you buy it, the periodic top at that time is the buying point now. The further back in time, the lower the floor price.
At this time, for investors, is the current stock price of Tiansheng Holdings going up? Or not?
The first step is to bet on Lu Ming, and other research is secondary.
Not so? In just three years, this stock has created a return on investment of more than 18 times, an average of six times per year, and the market is large enough. Even with tens of billions of funds, this stock can hardly carry it.
Pressure, the current total market value has reached the 4 trillion mark.
Judging from the trading volume of the stock kings in the past few days, the capital market has gritted its teeth and has gone up, and it has gone up hard. Now it has reached the daily limit for two consecutive times.
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Tiansheng Holdings' daily limit led all brokerage sectors to reach their daily limit, bringing the market's bullish sentiment to its peak. However, today's OTC funds are rushing into the market. Seeing that the securities sectors they most want to work in have all reached their daily limit, even if they want to buy, they can't succeed.
We will not sell our hands, and the funds in them will not be sold, and everyone is determined to continue to be bullish tomorrow.
The brokerage firms had nothing to do, and the over-the-counter funds that came a step later were not idle. Instead, they turned around and went to the market to explore other sectors. However, this also took some time to be transmitted, so in the next market situation, the index began to flatten or even
It has fallen back a bit, but the time-sharing chart is very healthy, and there is no sign of diving at all.
At 13:32 p.m., OTC funds began to intervene in the afternoon, and industrial Internet concept stocks rose, followed by Xiong Press New District concept stocks.
At 13:56, funds intervened in the photovoltaic concept sector, Longji shares, Tori New Energy and other stocks closed their daily limits.
The influx of OTC funds has not slowed down, and they are still entering the battlefield one after another.
When the time came around 14:12 p.m., the large financial concept sector surged again. This time, the banking sector made a strong effort in the late trading. A large amount of funds poured into the sector, setting off a rising limit wave of bank stocks. Changshu Bank, Wu
More than a dozen bank stocks, including Xi Bank and Ping An Bank, closed their daily limits.
The strong outburst of the banking sector at the end of the day can be said to have brought a successful end to today's market. Until the end of the day, a large amount of funds are still flowing into the banking sector.
After the close, the Shanghai Composite Index closed at 2961 points, up +5.60%; the Shenzhen Component Index closed at 9134 points, up +5.59%; the ChiNext Index closed at 1536 points, up 5.50%; the three major indexes rose sharply across the board.
Not long after the market closed, all major market softwares pushed a text message:
[It has been 39 months since the daily trading volume of A-shares exceeded one trillion yuan. The last time it exceeded one trillion yuan was back on November 27, 2015. At the close of trading today, the total turnover of the Shanghai and Shenzhen stock markets was 1.04 trillion yuan, of which the Shanghai stock market
The turnover in the Shanghai and Shenzhen stock markets was 446 billion yuan, and the Shenzhen stock market turnover was 574.6 billion yuan; a total of 3,556 stocks in the Shanghai and Shenzhen stock markets rose, only 13 stocks fell, and 306 stocks reached the daily limit. The number of stocks at the daily limit was the highest since May 18, 2015. There were no stocks in the two cities.
One sector fell, and the whole sector rose.]
The descriptions in the after-hours text messages all illustrate the hotness of today’s market, as if countless old investors are dreaming back to the super market in 2015.
The three major indexes continued to perform short squeezes, with all of them jumping short and seeing high opening volume. The Shanghai Composite Index, a bald Chang Yang, stood at 2,900 points with great momentum. The major financial sector was in full swing, and all 43 brokerage stocks in the two cities hit their daily limits.
It is worth mentioning that the northbound funds, which also have the title of "smart money", are flowing out today, ending 18 consecutive trading days of net inflows. Among them, the net outflow of Shanghai Stock Connect was 2.09 billion, a new high for the year, while the Shenzhen Stock Connect had a net outflow of 2.09 billion.
Net inflow was 2.03 billion.
It can be seen that sometimes smart money may not really be that smart. However, the capital going north is just a general term for all kinds of foreign capital. Generally speaking, foreign capital is definitely smart.
Currently, there are two stocks in Big A that foreign investors are particularly fond of, namely Tiansheng Holdings and Maoti. Among them, Tiansheng Holdings is the favorite of funds from the north. Almost every day, we can see foreign investors fiercely competing for the top stocks. For this target,
There is net inflow almost every day, and there are not a few inflows. I just keep buying, buying, buying.
It was even ridiculed by Big A stockholders that no matter how many times Tiansheng abused foreign capital, foreign capital still treated it like first love, because everyone knew that the financial war that took place in Tiansheng Holdings early last year ended with 80% of foreign capital
The market price was cut and the meat was washed away, and then the backhand pushed the stock all the way up, pushing the stock price to more than 30,000 yuan before stopping.
In this war, foreign capital was suffocated in Tiansheng Capital, which is very painful.
But after it ended, foreign capital began to chase the rise again near last year's top of 33,000 yuan, and they were buying and buying all the way, either adding positions or on the way to adding positions. This was actually the reason why Tiansheng Holdings could not fall.
One, as long as you dare to lose foreign capital, you dare to take it.
It stands to reason that the foreign capital and Lu Ming have formed a strong relationship, but the foreign capital is still happy to buy it. What if this is not true love?
In fact, no one will have trouble with money, just watch true love and have fun.
Today, Beishang’s net inflow to Tiansheng Holdings reached 1.936 billion yuan, and the previous trading day also saw an inflow of 1.568 billion yuan.
At present, the value of foreign capital's shareholding in Tiansheng Holdings has reached 237.2 billion yuan, with profit and loss of shareholding +65%. The number of shares held by mainland China is 2.1868 million shares, accounting for 6.07% of the A-share circulation ratio and the company's total share capital.
2.73% ratio.
Lu Ming is quite satisfied with the proportion of foreign capital in Tiansheng Holdings. Such a shareholding ratio cannot have any impact on the company itself. Just be a shareholder honestly. If you don't like it, just throw it away. You can come in and out as you like.
The value of the stock holdings has reached more than 200 billion, which is of course an astronomical figure, but in the face of the current total market value of 4 trillion, the shareholding ratio is not high at all.
But then again, foreign capital's shareholding ratio is less than 3%, which is inseparable from the fact that Lu Ming gave foreign capital a big blow last year.
If there had not been secret trading that brought Wall Street to a standstill, the current market value of Tiansheng Holdings held by foreign investors would have reached 732.6 billion yuan, the investment return rate would have reached about +320%, and the floating profit would have exceeded 550 billion yuan.
This is absolutely unacceptable to Lu Ming. It is absolutely unacceptable for you to take back so much of the profits that labor and management have finally cut back from outside.
It's pretty good now. The stock market value is more than 230 billion, and the total return rate is about 65%, which is equivalent to a return rate of about 20 points a year. It is almost the same as the annual return of Buffett, the stock god, and it is acceptable. But if foreign investors earn an average of
A rate of return that is more than double is absolutely unacceptable.
