January 22, 2023 is the first day of the Lunar New Year. Yuansheng's family had breakfast and drove to the children's park in Pengshi... It was a holiday, and the children's play was the first priority.
Zhang Sheng's family has been arriving for a while, and they have already bought their tickets... The two families happily walked into the children's park.
The first thing the children wanted to play was the Ferris wheel. Both Yuan Sheng and Zhang Sheng were afraid of heights, so they chose to wait under the Ferris wheel...
Yuansheng and Zhang Sheng were idle. Zhang Sheng said: "Arowana is an ordinary food stock. It rose from 39.51 yuan to 145.62 yuan in the initial stage of listing. It took less than 3 months! Why is it so strong?" "
Yuansheng smiled: "Many people regard Arowana as an ordinary stock, but it is really not ordinary!"
Yuansheng continued: "According to the 2019 "China's 500 Most Valuable Brands" by the World Brand Laboratory, the brand value of "Arowana" is as high as 39.854 billion yuan; the company is the absolute leader in the domestic agricultural products and food processing industry! The company is the largest in the country One of the agricultural products and food processing enterprises, its main business is the research and development, production and sales of kitchen foods, feed ingredients and oil technology products. It is a Singapore Wilmar International Group jointly invested by the famous patriotic overseas Chinese Mr. Robert Kuok and his nephew Mr. Kuo Kongfeng in the motherland. The collective name for a series of grain, oil and food processing, sales and other businesses invested by Mainland China, and is one of the world's leading small packaged oil manufacturers. According to Nielsen data, during the reporting period, the company had significant sales in small packaged edible vegetable oil, packaged flour modern channels, and packaged rice modern channels. Ranked first in channel market share.”
"The first point is that the brand value is close to 40 billion, and there are really few companies in the A-share market."
"The second point is that the domestic agricultural products and food processing industry is the absolute leader! Leading stocks have always been the favorites of big funds. Large institutions like stocks with large market capitalization, and small institutions like stocks with small market capitalization!"
"The third point is that the company ranks first in the market share of small packaged edible vegetable oil, packaged flour modern channels, and packaged rice modern channels. At the same time, the three products are No. 1 in China (is it also No. 1 in Asia? No. 1 in the world?), and in the A-share market How many are there?”
"Point 4: Robert Kuok is Asia's "Sugar King." How many companies are there in the A-share market founded by such an outstanding person?" King, he is number one! The number one stock in Asia should perform well in the stock market.
"Based on the above four points, it shows that Arowana is a very special stock. Special stocks naturally have special trends, so it quickly rose nearly three times in the initial stage of listing!" Yuansheng said.
Zhang Sheng then asked: "Why does the Arowana keep falling after seeing 145.62 yuan? It has been falling for more than a year?"
“There is a popular saying among veteran investors: after a stock has doubled rapidly, don’t touch it within 1 year; if it has doubled rapidly, don’t touch it within 2 years; if a stock has tripled rapidly, don’t touch it within 3 years. Of course, this statement cannot be 100% accurate, but there is a high probability that it is correct. If you look at the stocks that have risen rapidly in the past 10 years, it basically conforms to this rule." Yuansheng said.
"This statement is very mysterious, but many bull stocks that have risen sharply will become nothing after reaching the top. After N years, it is basically impossible to touch them... Thank you, Yuan Sheng, for letting me know again. I learned something!" Zhang Sheng laughed...
Yuan Sheng also laughed: "In the early days of its listing, Arowana traded between 39.51 and 45 yuan for more than two weeks. At that time, the daily trading volume was basically between 42 and 112 yuan. At that time, the stock price was not high. , many people did not buy; when it rose to 130--145 yuan, the daily turnover was 8-11.9 billion yuan. At this time, such a large trading volume shows that many large institutions that bought at low prices are retreating... ... At this time, red-eyed funds are buying in large quantities. If they don't retreat, they can only hold on until now ----- it is currently hovering around 45 yuan!"
Zhang Sheng agreed very much: "For good stocks, you should buy them when they are low. If you miss the low range, you have to give up. Otherwise, if the main force speculates high, you will be jealous and chase the highs to buy. Once the main force retreats, it will only be a loss." What a waste! Even the most awesome Moutai stock was bought at 2,627 yuan on February 18, 2021, but it fell to 1,333 yuan on October 31, 2022, and the profit was nearly 1,300 yuan per share."
"Yes, in the stock market, it is a big competition among hundreds of millions of people. At each stage, the stocks that the main players like and speculate on are different. Only by following the main players' ideas can it be easy to make money!" Yuansheng said. (To be continued)
PS: Today is the first day of the Year of the Rabbit. I wish my readers a Happy New Year! May all go well with you!