Chapter 318: This Stock Has Potential

Liu Zhongzhou asked rhetorically: "Tell me first, what was the real basis for you to buy this stock in the first place?"

Li Xin said: "That's what I told Chairman Jin at the meeting, the price of copper has risen for two or three consecutive years, several times, but the price of the stock of Western Copper was more than 4 yuan when it was the lowest, and it was less than 9 yuan when I bought it, which was more than doubled." I think this is an underestimate, but my estimate is only intuitive, and there is a lack of detailed data to illustrate it. ”

Liu Zhongzhou said: "But I don't know the detailed data of Western Copper. ”

"Of course, unless you are the core person of their company, you will know this detailed data," Li said. What I mean is that the two companies of the Southern Group and the Western Copper are almost identical in terms of their scale, so that we can roughly estimate the development process of the Western Copper in the past few years from understanding the development process of the Southern Group in recent years. ”

Liu Zhongzhou nodded and said, "This is a way, what data do you want to ask?"

Li Xin said: "According to my own estimates, due to the rapid rise in copper prices for two consecutive years, the overall annual growth rate of the Southern Group should not be less than 20%, right?"

Liu Zhongzhou said: "It's more than 20%, far more!"

As soon as Li Xin saw Liu Zhongzhou's firm tone when he spoke, he knew that he was telling the truth.

Li Xin was overjoyed in his heart, and secretly thought: Liu Zhongzhou was demoted at the end of last year, and he was in an idle state, which means that he will not be too clear about the overall performance growth of the Southern Group this year, and he said so definitely only that he is talking about the data of the previous two years, that is, he is talking about the data of last year and the year before that.

Putting aside the performance growth data of the previous year of the Southern Group for the time being, let's just talk about last year's performance growth, Liu Zhongzhou said with certainty that last year's data was far more than 20%, which made Li Xin even more surprised by the performance growth data of the previous year.

Because last year's performance growth data was calculated when Liu Zhongzhou lost hundreds of millions of yuan in futures, if this figure is not less than 20%, the performance growth data of the previous year will definitely be higher than this.

After getting this information from Liu Zhongzhou, Li Xin was more confident in his estimate that Western Copper's stock would rise by 20% in the future.

Unless Western Copper, like the Southern Group, lost hundreds of millions of dollars in futures last year, and this year it has made a huge investment in new mines, resulting in large losses, the company's shares are worth holding for a long time.

Thinking of this, Li Xin said: "In such a comparison, it is almost certain that unless there is a huge problem in the company of Western Copper, the overall performance growth of their company should not be less than 20% for two consecutive years, and with the support of such data, it is almost certain that their company's stock will rise by another 20% in the future." ”

Li Xin originally wanted to ask Liu Zhongzhou what his judgment was on this issue, but at this moment, his tone of voice was no longer like asking a question, but his own judgment.

Liu Zhongzhou thought for a while and said, "I think so. ”

Even if he was more firm in his judgment, Li Xin still had doubts about the current increase in the price of Western Copper, and he asked: "Mr. Liu, has the public's understanding of non-ferrous metal enterprises been far behind its performance growth?"

Liu Zhongzhou knew what Li Xin's question was referring to, so he said: "Whether the outside world's understanding of this company lags behind its performance growth, I think it is also possible." For example, if you are in the Southern Group, but you don't know some core operating data, right? Then it is even more difficult for the outside world to understand these situations, which is reflected in the fact that there is a lag in the time of the stock price rise, which is also normal. But to be honest, I think it's okay, didn't I just tell you? The price of copper has fallen by about 20 percent, but the stock of Western Copper has risen by 10 percent against the trend, which is a very obvious signal, indicating that there are people in the market who have recognized the value of companies in the non-ferrous metal industry in the future. You should know this, don't you own their company's stock, unless you have expectations of their company's stock that are much greater than that, then you shouldn't ignore the 10% increase. ”

Liu Zhongzhou's words woke up Li Xin, because he was entangled in the rapid decline of copper prices during this time, he himself was a little numb to the small rise of the stock of Western Copper, and he didn't notice that such an increase was in stark contrast to the decline in copper prices.

Or, the reason why he turned a blind eye to this small rise, as Liu Zhongzhou said, was because he himself expected the stock to rise in the future by far more than 20%, so he ignored this small rise.

Li Xin saw that Liu Zhongzhou was also firmly bullish on the shares of Western Copper, so he asked: "Mr. Liu, have you bought the shares of their company?"

Liu Zhongzhou shook his head and said, "No, I'm not interested in these, I'm just concerned." ”

Li Xin suggested: "Actually, since you are also optimistic that this stock will rise in the future, you might as well buy a little, I think it should rise by more than 20% in the future." ”

Liu Zhongzhou smiled: "You are so confident?"

Li Xin said: "Yes, after talking to you, I am more firm in my original opinion. ”

Liu Zhongzhou asked in surprise, "Why?"

Li Xin said: "For the reason I just mentioned, I can roughly deduce the performance growth of Western Copper from the situation of the Southern Group in the past two years. ”

Liu Zhongzhou nodded thoughtfully and said, "It seems that you are right, I should also buy some." ”

After speaking, he raised his hand to look at his watch, stood up and said, "Let's go, we'll talk another day." ”

Li Xin saw that Liu Zhongzhou suddenly interrupted the conversation, turned around and left, thinking: This Liu Zhongzhou is still the same style when he was the leader of the company, he wants to enter which office he wants to enter, open the door and go in, and when he finishes speaking, he turns around and leaves, not caring at all what others think. I originally wanted to talk to him more and ask a few more questions, but now it seems that I can only find a chance in the future.

The reason why Liu Zhongzhou turned around and left was because Li Xin's last sentence reminded him that there was still room for the stock of Western Copper to rise, and this opportunity should not be missed.

The last time Li Xin suggested that he buy the shares of Rainbow Electric, he took Li Xin's suggestion as a deaf ear, and later proved that Li Xin's judgment was correct, if he listened to Li Xin's suggestion at that time, then the company could make a lot of money on Rainbow Electric, so that the cost of his first purchase of the mine would be lower.

Looking back now, I ignored Li Xin's advice at that time, and both the company and him personally missed a good opportunity to make money.

At that time, there was another reason why he didn't buy the stock of Rainbow Electric, that is, because the interlacing was like a mountain, he didn't know much about the TV production industry, even if Li Xin analyzed it well, he didn't have a preconceived concept in his heart, and he wouldn't easily believe Li Xin's judgment.

But now it is different, Li Xin recommended the western copper industry and the southern group of the enterprise nature is the same, Liu Zhongzhou was the president of the southern group, he knows that the rise in copper prices in the past two years has made the non-ferrous metal industry companies have a strong investment value.

And he thinks that Li Xin's comparison method is actually simple and effective, just like the idiom says, which can be seen in the tube.

If you want to understand the operating data of Western Copper in detail, this is actually a difficult thing. However, with the example of the Southern Group here, and after thoroughly understanding the development process of the Southern Group in the past two years, it is natural to have a rough idea of the performance growth rate of the western copper industry.

Once this thought was in his heart, he couldn't sit still, and he wanted to quickly go back to the computer to see what the specific trend of the Western Copper stock was. If, as Li Xin said, the stock of Western Copper has only doubled in the past one or two years, then based on his own understanding of the Southern Group, he can deduce that there is still a lot of room for the stock of Western Copper to rise in the future.

After Liu Zhongzhou returned to his office, he immediately opened the computer software to check the stock price of Western Copper. This software was installed a long time ago after Li Xin suggested that he buy shares of Rainbow Electric. In the last year or so, because of the loss of the futures account and his final dismissal, he has not had the heart to use this computer software for more than a year.

Because he had not used it for a long time, the corresponding operation was already very rusty, and it took him a long time to find the stock of Western Copper. Judging from the chart, Li Xin is right, the company's stock has only risen more than twice in the last year or two, which is too different from the increase in copper prices.

Such a gap is not visible to outsiders, but after Li Xin's reminder, Liu Zhongzhou used the Southern Group as an example to compare, and suddenly found that the stock of Western Copper contains strong upward potential.

When he made up his mind to buy this stock, Liu Zhongzhou suddenly realized that he had not done any preparations, and he had the impression that there should be a stock account for trading stocks, but he did not even have a stock account.

In the past, when the Southern Group was doing futures investment, Liu Zhongzhou only needed to move his mouth to open a futures account, and the specific things were handled by his subordinates, but now he wants to buy and sell stocks, what to do with the specific procedures for opening an account, Liu Zhongzhou does not have a clear concept in his head, and he doesn't even know where the door of the securities company will open.

He originally wanted to run to the other side to ask Li Xin, but after thinking about it, it seemed a bit embarrassing to run to ask Li Xin about this kind of thing, a former company CEO, he didn't even understand this kind of thing, and it was really a bit of a joke to say it. So he had to turn on the computer by himself, searched for a long time on the computer, and finally found the phone numbers of the two securities companies, and called to ask what procedures were needed to open an account.