What kind of experience lesson does the be defeated of medical bibcock bring value investor?
A donkey-hide gelatin steeped fall suddenly east, this makes a person feel accident, this medicine bibcock after all how? The reason is company profit glides badly, premonitory company will compare metaphase the corresponding period glided last year 75%~79% . See share price, since achieved 2007 piece 70 multivariate later be in all the time glide, until at present ability was controlled 32 yuan.
Medical bibcock be defeated, this remembers heavy a slap on the face to long-term investor, all the time since east A donkey-hide gelatin is mixed with its brand of figure firmly establish in long-term investor in the heart, undoubted this meeting that weigh defeat lets collapse of long-term investor confidence, be opposite especially the challenge of value investor confidence. Actually you see every shared out bonus 2017 0.9 yuan, 2017 maximum price when dividend leads ability 1.23% . Cash redound is inferior to bank deposit, share price is serious overmeasure.
Do not suspect value investment please, the key is to want from east get experience is taught a lesson in the be defeated of A donkey-hide gelatin. What lesson is worth while are we thoughtful? Dong Baozhen has been analysed, east A donkey-hide gelatin since arrived at 60 times city to be filled with rate above to go up with respect to sluggish 2010. He says, because,main reason is share price overmeasure. We have conceal to there is victorious opportunity in the breed ability in underestimating only.
Everybody is opened please east picture of line of answer authority K looks before A donkey-hide gelatin, share price went up 2010 40 multivariate above, to January 2011 the share rises 55.87 yuan, next share price went up with respect to sluggish, till 9 years after today share price instead under the price at that time, what kind of mood is encountering you meet this kind of condition? At that time actually 60 times city is filled with of rate before you should realize share price overmeasure.
It is the root of the trouble that overmeasure value brings, everybody treats the company earnings condition of this medicine bibcock, since since 2010, company outstanding achievement is in all the time rapid growth. Because it did not send better calculate, by every earnings grew 0.89 yuan to ended 2018 2010 every accrual 3.19 yuan. Such growth rate is very breathtaking, have allure very much.
Why didn't fast growth drive share price to rise? Be worth the disaster that cause because of overmeasure namely, because the brand advantage of the company just lets his,can be carried in perch all the time in 9 years. Buffett says: "Be opposite when you be forced the word of stock overestimate average, the profit growth that also can allow a company 10 years is in your hand come to naught. The profit growth that also can allow a company 10 years is in your hand come to naught..
{! - - PGC_COLUMN- - }A donkey-hide gelatin is what reason brings about profit to glide badly east
The profit of A donkey-hide gelatin glides east speed exceeds the anticipation of people, what reason causes? Too rapid growth cannot last, what is more,the rather that its growth is to come from at to the product raise price.
A main reason, donkey-hide gelatin is consumable no longer, because of donkey-hide gelatin rise in price the element brought about people to become donkey-hide gelatin collect article, once had a such words " ginseng wants new, donkey-hide gelatin wants old " , that is to say donkey-hide gelatin Yue Jiuyue is good. Proclaimed in writing of medical inspect bureau sets later, medicines and chemical reagents and health care taste the expiration period to cannot exceed 5 years.
A donkey-hide gelatin is skin of the water ass that boil actually east, this boils pigskin with water, without what the water cowhide that boil is different distinction, the effect that medical bound also begins to boil asinine skin to water this year generated suspicion. Suspicion also has difference, people begins to shake hold a hope, share price also slides from perch.
Company profit glided badly, also show people begins reason to rise, collect donkey-hide gelatin no longer, of course the market also is not digested temporarily, once the company sells do not go out, profit can begin to glide. Also slide this too much, be about at a draught gain glides 75% above, exceed the anticipation of people, also drop with respect to share price accordingly the anticipation that speed exceeds people.
A donkey-hide gelatin has the history 3000 east, culture details is extremely rich and generous, so the brand also breaks down not easily. At present I think is before only excessive the internal injury that grow and causes. The refreshment of internal injury can be not accomplished two days a day, it needs time to go slowly take good care of sb.
A lot of people think to whether be meant dropping greatly is the opportunity that copies a copy, I think to still cannot be bought, current after all share price returns prep above net value a lot of. Metaphase profit forecasts profit to glide badly, net value returns can farther shrink. Even if if brunt should build a warehouse, also want ability 9 years at least satiate goods.
Overmeasure is worth the enemy that is value investment
Overmeasure is worth the enemy that is value investment, this is east of A donkey-hide gelatin the lesson that be defeated gives value investor. Be in early share price walked along 70 yuan of above to had exceeded fivefold city to be led completely 2017, this has been the signal of overmeasure, and see share out bonus also have 1.2% only, still under a year period deposit accrual, why this invests value?
Because average is worth at underestimating and value investor succeeds, invest in overmeasure is worth and fail, shut up bag always can cover closely when I see the stock that shoot up has delimited from the sky every time so. Overmeasure is worth our injury to but hide,do not rise, the share that wants you not to touch any overmeasure to be worth stoutly only you won't fail forever.
In oil 10 years low confused, outside Gao Qiao dropped 6 years, the car in China had sufferred 4 years, they are drop on the price of serious overmeasure coming down is very old time. This is disastrous lesson, must write down closely, we can be to do not have so much time to await slowly!
We won't let the enemy prevail, decline the share that average overmeasure is worth, active hug underestimates the breed of the value, this ability is we can be forever in the stock market of gain important and decision-making. We are OK and long-term the stock of hold high dividend holds a divide into equal parts red, the edge takes the bovine city such as edge of share out bonus. Others is suffer in anguish, we are await in happiness.
Those who underestimate a cost is big blue preparing a stock to resemble is a tortoise, a lot of people cold-shoulder them to go up too slow, and go chasing after go up concept and subject matter, what chase after as a result just is the stock of serious overmeasure, consequence also cans be imagined. After 2015, a lot of subject matter and concept this drops to drop drop endlessly dropped 3 years, and blue chip however slowly go up, took ongoing route 3 years.
Overmeasure value stock is cut namely come loose of a leek, everybody must take care to meet head-on, dark action of the enemy also should be on guard while you are wanting to earn fast money. The orgnaization is installing greatly trap, waiting chase after tall person toward in jump. You want to remember forever, rising level must keep back both hands is not bought in disorder.
Above viewpoint offers reference only, the stock market has a risk, investment wants discretion!
Reiterate again: Small 6 faithfulness never get investment cooperation, also do not make acting guest economy external. Have on the net recently plum ghost is sham him name number deceives people collaboration, ask authority prudential.
