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Insiders pointed out that the stock market has basically finished, and the annual report is "light mirror". This round of rebound is fund-driven. With the adjustment of the monsters, the market may start a new move.
The wind started at the end of Qingping.
The rapid rebound of A-shares since the Spring Festival took the demon stocks as a pioneer. Nowadays, the violent adjustment is once again a harbinger of the demon stocks.
March 14th,The Shanghai Composite IndexLost 3,000 points, the GEM fell 2.58%, and the flying monsters fell in a large area.
The data show that from February 1st to March 13th, there were as many as 53 monsters who rose more than 100%, and 40 of them fell more than 5% on March 14th, of which 25 were down, accounting for 47%. %. City North High-tech (600604.SH), Eastern Network (002175.SZ), People's Network (603000.SH) and other stocks that rose more than 200% suffered a down limit.
Insiders pointed out that the stock market of the stock market has basically finished, and the annual report is "light mirror". This round of rebound is fund-driven. With the adjustment of the monsters, the market may start a new move.
“The demon stock is a concentrated expression of the market atmosphere, or similar to the crater, but it should be the first underground magma and then the crater.” On March 14, a large private equity investment director in Beijing told the 21st Century Business Herald. This round of supervision is more market-oriented, and it is obviously relaxed. So some of the hot money that has been squatting for several years has come out, and with no special stop recently, the speculative stocks are the most taboo, so the supervision does not take action. Just don't do it. However, the demon stock will eventually return to the value, so the limit is also more.
Monsters collective turn around
In the past two days, some of the speculatively ridiculously demon stocks have been investigated and spread, and the regulatory authorities have clearlyBrokerInvestigating the impact of the capitalization risk, on March 13th and 14th, the hot money of the wind began to flee wildly, and the flying monsters fell in a large area.
According to statistics from the 21st Century Business Herald, from February 1st to March 13th, there were as many as 53 demon stocks that rose more than 100%, and 40 of them fell more than 5% on March 14th. 25, accounting for 47%.
This round of rebounds over 200% of the city's high-tech, Oriental Network, People's Network and other encounters suffered a down limit, in addition, security control technology (300370.SZ), Yisheng shares (002458.SZ), Zhengbang Technology (002157.SZ) and other gains exceeding 100 % of the monsters also fell to the limit.
Eastern Communications (600,776.SH), which set a 14-day daily limit for 19 trading days, is the “big brother” of the horror stocks during this round of rebound. On March 14th, its performance was quite hard. It was once down 3% but was in a hurry. Pulled up, eventually reported up 5.33%. In addition, this year's highest rebound of the Lancang River Hydropower (600131.SH), Great Wisdom (601519.SH), etc. were also forced to pull up from the limit.
Since the market crashed sharply in mid-2015, the hot money has been suppressed for a long time, such as the Raptors crossing the river. After the trading day, the Dragon and Tiger List showed that the main force of the speculative stocks was the long-suppressed hot money, and only some of the institutional seats appeared.
During the rebound from February 1st to March 13th, Minjiang Hydropower won the top of the two cities with a gain of 268%, setting a record of 13 daily limit on 17 trading days.
For the Qijiang River hydropower was madly speculated, a staff member of the company said that it may be because of the new concept of the ubiquitous power Internet of Things.
Minjiang River Hydropowerannouncement“The current ubiquitous power Internet of Things is still in the start-up phase, and there are uncertainties about whether the company and the proposed assets can be acquired.”
In addition, Guofeng Plastic Industry has 10 consecutive daily limit boards, 12 big daily trading days, 12 daily limit boards, and 9 consecutive daily limit boards of the Eastern Network, which are all turned out to be the record of the hot money.
"The important factor in the speculation of these stocks is that they have some concepts that are welcomed by the market. In addition, the market value of these stocks is generally low before the speculation, generally in the second or third billion yuan." The above investment director said that the hot money has been suppressed for a long time. , 趁 regulation tends to be market-oriented, and when it is a little relaxed, it will be a special task. After the Spring Festival, the market has indeed speculated excessively on some of the monster stocks. Although the supervision is going in the direction of marketization, if there is bad speculation and manipulation, it should be checked.
For the news that the relevant departments have filed a case for some of the demon stocks in the past two days, the 21st Century Business Herald reporters called Eastern Communications, Minjiang Hydropower and other listed companies that have risen too much. Securities affairs personnel said they did not receive relevant investigation notices.
The annual report is "photo mirror"
The madness of the enchanting stocks is obvious to all, but there is always a time when the original form is revealed.
Under scrutiny, these demon stocks are “funny” as a certain concept stock being madly speculative, and some are even pseudo-concepts.
For example, Eastern Communications was used as the “leading” of the 5G concept, but the company said it was “not related to the construction of 5G communication networks.Operating income"Come on the hot spot of the science and technology board, Shibei Gaoxin was used as the concept of venture capital concept to speculate, but the company's main business is the park operation, and the relationship with venture capital is very small.
"This wave of speculative and mad speculative stocks has basically gone, and the annual report will be ‘the demon mirror’.” On March 14, a listed brokerage in the SouthAnalystReporters of the 21st Century Business Herald pointed out that the price-earnings ratio of these monster stocks has been significantly higher than the industry average, and the return value is normal.
Although many of the current annual reports of the monsters have not been disclosed, some of them have been released in 2018.PerformanceThe Express also proved that many of the monsters have been seriously out of the fundamentals.
For example, Security Technology is expected to be 2018Net profitIt was -496 million yuan, down 567.27% year-on-year; Zhengbang Technology expects net profit in 2018 to be 185 million yuan, down 64.76% year-on-year; Xinwufeng expects a loss of 30 million to 45 million yuan in 2018.
“The big drop in the stocks and concept stocks is a good thing. The real white horse stocks with investment value will have a chance.” March 14th, Qianhai Open SourcefundChief economist Yang Delong pointed out to the 21st Century Business Herald.
"This round of rebound is fund-driven. With the adjustment of the monsters, the market may start a new move. It is recommended to throw away the bad stocks as early as possible, and pay more attention to the high-quality stocks.DividendShares, such as Huabao, which plans to implement the "10-party 40 yuan" high dividend, have pulled out two daily limit. The above brokerage analyst pointed out.
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(Article source: 21st Century Business Herald)