Old investors like Sun Jian all know that in the previous life, shortly after the issuance of PetroChina's H shares, he was targeted by the stock god Buffett. After carefully reading PetroChina's annual report, he believed that PetroChina, with a market value of only more than 30 billion US dollars, should have a market value of at least 100 billion. The U.S. dollar, which was seriously undervalued by the market, began to buy PetroChina, spending nearly 500 million U.S. dollars. By 2003, a total of more than 2.3 billion shares were purchased at an average price of HK$1.62.
Before PetroChina planned its A-share IPO in 2007, Buffett began to reduce his H-share holdings in batches from July to October. He completely cleared out his holdings before the A-share IPO on November 5. The average cash price was HK$11.7, which was the purchase price of HK$1.62. 7.2 times, the realized market value is about more than 27 billion Hong Kong dollars (about 3.5 billion US dollars), the net profit is more than 6 times (more than 3 billion US dollars) in 4 years, and the annualized income exceeds 60%.
In the previous life, in July 2007, PetroChina publicly issued 4 billion shares in A shares at 16.70 yuan per share, raising more than 66 billion yuan. It was listed on July 15, with an opening price of 46.31 yuan, a highest price of 48.62 yuan, and a closing price of 41.67 yuan. yuan, changing hands by more than 50%, with a transaction volume of nearly 70 billion yuan. Since then, it has been falling all the way. Before Sun Jian passed through, the stock price was less than 6 yuan. Investors who bought PetroChina at a high price that day were trapped on the top of a high mountain and did not cut their flesh. , it is difficult to get a chance to get out of trouble in your life.
A stock commentator advised retail investors to buy PetroChina stocks on the day of listing and leave them to their grandchildren as family heirlooms!
Someone has calculated that if retail investors who bought PetroChina stocks at the highest price of 48.62 yuan relied on annual dividends, it would take 128 years to unwind.
The stocks of the two barrels of oil are not active. Sun Jian has never bought PetroChina stocks in his previous life, but he knows that after the issuance of A shares of PetroChina's H shares, the H share price exceeded 15 Hong Kong dollars. Now he is given the issue price (1.27 Hong Kong dollars). ) The opportunity to buy PetroChina on a large scale has a profit opportunity of about 10 times in 7 years, so you won’t miss it.
The Hang Seng Index closed at 15,268 points today, down 46 points, or 0.3%. The trading volume increased by 10%, and the volume dropped slightly!
The Hang Seng Index began to fall from its highest point of 18,249 points on March 9. As the Nasdaq Internet technology stock bubble burst, under the pressure of profit taking, it fell by 2,981 points, a plunge of 16.34%. The Hang Seng Index has entered a downward channel.
PetroChina's stock price closed at HK$1.53 today. In addition to the lead underwriter Goldman Sachs and deputy lead underwriter Peregrine (who signed a green shoe system with PetroChina), HTIC's institutional account at HTIC Securities Company took in a profit of around HK$1.42. Protect the market with 50 million shares and sell them when the stock price exceeds 1.6 Hong Kong dollars. This will activate the market and provide an opportunity to make money.
Hong Kong stocks can be shorted, T0, there are no restrictions on securities lending, leverage, and price increases. You can also make money by shorting oil!
The market situation is not good, and it is normal for Hong Kong stocks to fall below the issue price.
If the stock price of PetroChina's H shares falls below HK$1.4 in the future, this is a buying opportunity for HTIC. Buy low and sell high, and think of it as protecting PetroChina's market!
Sun Jian will not promise Ma Fucai to protect the market. As the second largest shareholder holding 2.24% of the shares, he should have a board seat. As a strategic investor, he will not interfere in PetroChina's daily affairs. When PetroChina's H shares rise to about 14 Hong Kong dollars, HTIC began to cash out and quit the board of directors.
No matter how good a stock is, its investment value will be lost if its P/E ratio is high, let alone a super large-cap stock like PetroChina?
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On Sunday, May 7, "Barron's" published a cover article titled "Burning; Warning: Internet companies are rapidly running out of cash," predicting that many Internet companies are about to go bankrupt.
On Monday, May 8, the Nasdaq index opened at 3758 points, opened 58 points lower, and rose to 3765 points. Affected by the bad news, the stock price of Microstrategy suddenly dropped by US$100, plummeting nearly 50%. Affected by this, the market fell all the way and closed at 3669 points, almost the lowest point of the day. It fell 147 points or 3.85% throughout the day.
Heavy volume and big drop!
MicroStrategy closed at $76.62, down $140 and a 62% plunge!
MicroStrategy announced last night that it double-counted revenue due to aggressive accounting practices, causing the company's stock price to rise from $7 per share to $333 in one year.
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On May 17, affected by the negative news that the Federal Reserve raised interest rates by 0.25 percentage points, the Nasdaq index opened at 3649.54 points, opening 68.03 points lower. Led by the rush for rebound funds, the market rushed to 3690.82 points at 10:20. Hold-up orders, panic orders and profit-making orders suddenly swarmed out. The defense line that the bulls had finally established during this period was instantly defeated by the bears. The bulls turned short. The market dropped to 3616.27 points. The bulls fought back and the Nasdaq index It closed at 3644.96 points, down 72.61 points throughout the day, or 1.95%. The trading volume shrank by nearly 10%, and the volume dropped!
PENG closed at $216.65, down $2.85, or 1.3%, with a market value of $431.6 billion, making it the world's largest company by market capitalization.
Microsoft closed at $40.17, down $0.68, or 1.67%, with a market value of $393.6 billion, making it the world's second largest company by market capitalization.
In order to curb domestic inflation and the Nasdaq Internet technology stock bubble, the Federal Reserve raised interest rates six times within 11 months starting from June 30, 1999, with a cumulative net interest rate increase of 175 basis points, and the one-year interest rate was 6.5 basis points. %, reaching Greenspan’s desired target of a cap on the federal funds rate.
On the morning of May 18, Sun Jian confirmed the news in the daily Dow Jones and Nasdaq stock investment analysis reports sent by Zhao Guohua. UU Kanshu w.uuansh.net breathed a sigh of relief. History has not changed much. , the Nasdaq stock market crash is inevitable, and Greenspan will pay for this wrong decision!
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"Huazhong University Huaji Medical College is the alma mater of me and many medical staff of Jiangcheng Yikang Hospital. Huazhong University is the alma mater of many senior executives of Taobao Holdings. I would like to thank Huazhong University for cultivating many outstanding talents for Taobao Holdings. On behalf of them, Taobao Holdings Company donated 50 million yuan to Huazhong University, of which 20 million yuan was used to build an experimental teaching building at Huaji Medical College."
Bang bang...
At 10 a.m. on June 16, after the opening ceremony of Huaji Medical College of Huazhong University, President Zhou of Huazhong University accompanied Sun Jian to the conference room of Huaji Medical College to participate in a symposium.
Accompanied by Vice President Fan, the school sent a special car to take Sun Jian to Huazhong Medical University. As an outstanding alumnus, he participated in the inauguration ceremony and symposium of Huazhong Medical College of Huazhong University of Science and Technology. President Zhou invited Sun Jian to speak.
Sun Jian doesn't know how to direct the country and donate money generously.
As soon as the deal was made, it was 50 million yuan, and the conference room immediately burst into warm applause, and all the leaders were beaming with joy.
On May 26, Huazhong University of Science and Technology merged with Huazhong University and Jiangcheng Urban Construction College to form Huazhong University of Science and Technology, which is directly under the Ministry of Education and implements a school-running system co-constructed by four departments and one province.
The low-key Sun Jian originally did not want to participate in such public affairs, but Huazhong University of Science and Technology is a university jointly established by the Fourth Ministry and Hubei Province. Leader Huang came forward to invite him to participate in the symposium.
In his previous life, President Zhou served as the mayor of Jiangcheng City in 2001, and later became the Minister of Education and the Dean of the Chinese K Academy.
Vice President Fan will take over from President Zhou and serve as the president of Huazhong University of Science and Technology.
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