Chapter 599 - Liugong Machinery Suspension (3)
Looking at such an opening result, the little confidence that Zhang Shaohui had built up after listening to Li Xin's analysis before the opening disappeared again. In his opinion, the market and individual stocks generally fell as soon as they opened, and the stock of Liugong Machinery will definitely be affected, coupled with the negative news of today's suspension of trading for an hour, the probability of this stock following the market and other stocks to fall sharply after the opening increases.
He now secretly regrets not noticing that the stock has risen more than 20% for three consecutive days before the close of trading yesterday and will face a trading halt this morning. Otherwise, if you think about it one more step and notice this, you will definitely not listen to Li Xin's words before closing the market to chase high and buy.
Yesterday morning, I finally made up my mind to sell the stock at a high price, so that when the stock price fell again, I could buy this stock again at a lower price.
Although the broad market index did not continue to fall sharply after opening low, and the low point did not fall below 1825 points, before 10 a.m., the index did not break through 1840 points at its highest, showing a pattern of low shocks.
From 10:00 to 10:14, the broader market index had a wave of slight gains, from 1,834 to 1,849.
Subsequently, the index recovered from 1849 at 10:14 to 1838 at 10:26.
By 10:30 a.m., the index had risen slightly from 1,838 to 1,843. Judging from the trend of the market index in the past half hour after the opening of 9:30, it is a gradual upward trend after a low opening, although the upside space is very small, but such a trend is completely different from opening low and going low.
Li Xin's Jingxi Coal Industry opened at 7.97 yuan and then continued to fluctuate higher, and by 10:16 a.m., the stock price had risen to 8.25 yuan, an increase of 0.98%, which was 3.51% higher than the opening price of 7.97 yuan. Its trend of opening low and moving high is much more obvious than that of the broader market index.
Wang Haoqiang's Development Bank opened at a low of 9.6 yuan and then continued to fall, falling to 9.49 yuan at 9:50, with a maximum decline of 2.97%. But after falling to this position, the price of this stock also gradually increased with the broader market index. At 10:14, its price returned to 9.67 yuan again. In the next ten minutes, its trend was the same as the trend of the broader market, a wave of pullback, and at 10:30, its price retraced to 9.59 yuan. Judging from the trend in the half hour after the opening, the trend of the stock rising and falling is not obvious.
The time-sharing chart of Sanjiang Holdings in Wang Minghui's hand is almost exactly the same as Wang Haoqiang's development bank. After opening low, it continued to test the bottom, and hit an intraday low of 16.49 yuan at about 9:48, a decline of 2.43%. After that, its stock price also rose to 16.70 yuan at 10:14 with the rise of the broader market index, and the decline narrowed. However, in the following ten minutes, its stock price retraced to 16.56 yuan at 10:25.
Wang Minghui also noticed this, he said: "The trend of my stock is in step with the broader market index, the market rises when it rises, and it falls when the market falls, and it follows too closely." ”
Wang Haoqiang said: "My development bank is also like this, looking at the time-sharing chart of the market is equivalent to looking at the time-sharing chart of this stock, and the trend of the two is almost identical." ”
Li Xin said: "Your development bank is the leading stock in the banking sector, and the banking sector is the most weighted sector in the stock market, so it is not surprising that its trend is exactly the same as that of the broader market index." Wang Minghui's Sanjiang Holdings is a shadow stock of a brokerage, and it can be regarded as a stock in the financial sector, and its trend is very similar to the broader market index. ”
Wang Haoqiang said: "Li Xin, you always say that Wang Minghui's Sanjiang Holdings is a shadow stock of a brokerage, is there anything to say here?"
Li Xin said to Wang Minghui: "Lao Wang, you should know this matter better than me, you can explain it to him." ”
Wang Minghui said: "Sanjiang Holdings is the major shareholder of Yuefa Securities, and the operating performance and scale of Yuefa Securities are among the best in the brokerage stocks, and it is the leading stock in the brokerage sector. Unfortunately, the company was suspended in June last year when the bull market was just starting due to some violations, and it has not resumed trading until now. Although the company's shares are no longer tradable in the secondary market, the company's operating performance is very good, and the after-tax profit per share is the highest in the brokerage sector. Because this company was suspended in June last year, when the stock market was bullish last year, other investors could not buy the company's shares, so they turned their attention to Sanjiang Holdings. Sanjiang Holdings, a company that holds a large number of shares of Yuefa Securities, is the largest shareholder of Yuefa Securities, so the annual dividends of Yuefa Securities account for more than 70% of the annual profits of Sanjiang Holdings. When Yuefa Securities was suspended and there was no way to trade, buying Sanjiang Holdings was equivalent to buying Yuefa Securities, so the market called this stock the shadow stock of Yuefa Securities. ”
"Oh, I see, that's supposed to be pretty good. ”
Wang Minghui said: "Isn't it, just because you can enjoy the huge dividends of Yuefa Securities every year, in the course of last year's bull market, the stock price of Sanjiang Holdings soared from 40 yuan to 130 yuan in more than two months from the end of March to the end of May last year, which was more than three times." This increase is far ahead of other stocks in the brokerage sector, and at the same time, the broad market index is only halfway through the bull market. ”
"Aren't you making a fortune then?"
"Alas, I didn't earn that wave of the main rising wave, I bought this stock after the ex-dividend in September last year, although the price at that time was only more than 70 yuan, but the price after the resumption of rights far exceeded 140 yuan, the price was too high, I didn't dare to take it for too long after buying, and I left with a profit, only a little money. Later, I was caught in the second purchase this year, and I have been doing it until now. ”
"Then when will Yuefa Securities resume trading?"
"It's not certain, it's been suspended for more than two years, and there is no news at all, so I don't think there will be any news in the short term. ”
"So will the long-term suspension of this stock have any impact on Sanjiang Holdings?"
"There must be an impact, if Yuefa Securities was not suspended last year, it will definitely rise greatly in the bull market process. If Yuefa Securities rises sharply, the stock of Sanjiang Holdings will rise even more last year. Now there is a saying that if Yuefa Securities resumes trading, I am afraid that there will not be so many investors who buy Sanjiang Holdings, and everyone will go directly to buy Yuefa Securities, so that Sanjiang Holdings' shares may fall sharply. However, I am not worried about this, as long as Sanjiang Holdings is still the largest shareholder of Yuefa Securities, then its annual after-tax profits are indispensable, and on the basis of such high profits, Sanjiang Holdings' share price is unlikely to fall sharply. ”
Wang Haoqiang sighed: "It seems that when the bull market comes, buying brokerage stocks is indeed profitable!"
Wang Minghui said: "Of course. But then again, when the bear market came, the stocks in the brokerage sector also fell the hardest. ”
As he spoke, the time came to 10:30, and Liugong Machinery began to trade.
The moment the trading began, the price of Liugong Machinery fell to 10.15 yuan, which was 0.21 yuan lower than yesterday's closing price of 10.36 yuan.
Li Xin thought that this 10.15 yuan was today's opening price, but when he looked at the data column on the right side of the screen, he found that today's opening price was 10.35 yuan, which was almost the same as yesterday's closing price.
That $10.15 is the low point that popped out instantly after the market opened.
Judging from the time-sharing chart, the price of Liugong machinery did not continue to fall after falling to 10.15 yuan in an instant, but was gradually pulled up, and at 10:33 three minutes later, the stock price has risen to 10.45 yuan.
In fact, before the official trading of this stock began, Li Xin was also worried that the stock would fall sharply at the opening today. But seeing that the opening price of 10.35 yuan was almost the same as yesterday's closing price, and the trend in the three minutes after the opening was pulled up immediately after a slight dip, such a trend made him secretly relieved.
Because this stock was temporarily suspended for an hour this morning, the opening price after 10:30 and the trend in the minutes after the opening are very important, if this stock is going to fall sharply today, it will definitely be at the opening time, not at any other time. If you can't fall at the opening, it's not easy to fall down later.
Today's opening price of $10.35 indicates that the sellers above are not willing to sell the stock at a lower price. Otherwise, if the sellers above do not have confidence in this stock, today's opening price will never be just $10.35, which is only $0.01 lower than yesterday's closing price.
The price was quickly pulled up from 10.15 yuan to 10.45 yuan in the three minutes after the official trading began, a little higher than yesterday's closing price, an increase of 0.87%, such a trend also indicates that the buying below is very sufficient, as long as the price is lower than yesterday's closing price, follow-up funds will buy immediately.