Peach Blossom Fairy Tea took the lead in releasing the annual report and announced the distribution plan, waiting for the official approval of the shareholders' meeting.

Last year, the revenue and net profit of Peach Blossom Fairy Tea both rose, and although the growth of output was limited, the rise in ex-factory prices increased the company's profits. The net profit reached 13.8 billion yuan, and the distribution plan was 6.9 yuan (tax included) for every 10 shares.

As soon as the annual report of Peach Blossom Fairy Tea came out, analysts from all walks of life wrote articles and commented on them, and launched various divine predictions, and related articles flew all over the sky.

"The performance growth of Peach Blossom Fairy Tea is in line with expectations, and the dividend plan far exceeds expectations......

"Peach Blossom Fairy Tea Performance is Stable, Expected 2004 Earnings Per Share of 1.5 Yuan, 30 Times PE, Target Price of 45 Yuan, Maintain Recommended Rating"......

"Optimistic Forecast: Peach Blossom Fairy Tea 40 times PE this year, target price of 60 yuan, give an overweight rating"......

"Large Proportion of Dividends: Peach Blossom Fairy Tea is Not Bad Money"......

"Double-edged sword: Peach Blossom Fairy Tea is limited by the Divine Bird Ecological Reserve, the expansion of production capacity is limited, and the follow-up growth is weak......

On the day of the release of the annual report, the share price of Peach Blossom Fairy Tea took off from 48 yuan and was firmly sealed on the price limit board, 52.8 yuan. The next day, it was another word board, sealed at 58.08 yuan. On the third day, it was still the opening of the daily limit, 63.89 yuan, but the daily limit was soon opened, and a large black line on the K-line chart fluctuated and fell throughout the day, not rising but falling, and at the close, the stock price was only 56 yuan.

During the period when the stock price jumped up and down, Taohuaxian Tea routinely issued a clarification announcement, and the company's operation was normal, and there were no undisclosed major matters.

Li Dongwen couldn't understand why the stock price was bouncing?

Magic City.

A certain son surnamed Chen was excited.

"How much are we shipping these days?"

"More than two-thirds of the position has been reduced, and there are currently less than 200 million shares left. ”

"It's been a year of tossing, and I can finally collect the troops, so let's take stock. ”

"Net profit of more than 2 billion cash and nearly 200 million shares of peach blossom fairy tea. ”

"Hurry up and pay back the borrowed funds first, it's all interest-bearing. ”

"Don't play anymore?How easy is it to make money......"

"There is borrowing and repaying, and it is not difficult to borrow again, it always takes up too much money from other people, and something will happen. In addition, take out 500 million, and I have to check it in all aspects. ”

"This Peach Blossom Fairy Tea is really our lucky star, will you still play it in the future?"

"The plate is too big, next year there will be a batch of original shares lifted, there will be more circulation, it is getting more and more fun, and the remaining 200 million shares will be slowly cleared." ”

City. A certain son surnamed Tang was also excited.

"How much control do you have now?"

"It's just over 5 percent, and it's more than 1 billion shares. ”

"How much does it cost to hold a position?"

"It's a bit high, the average is already close to 40 yuan. ”

"Our opponent may be beaten away, in the next few months, continue to play high sell and buy low, and then lower the cost of holding a position, but don't increase the position, start telling stories in the second half of the year, and take the opportunity to pull up the delivery of goods. ”

"Won't you play it next year?"

"It depends on the situation, next year the ban will be lifted, and the plate will get bigger and bigger, and it's not fun. Break down the account a little bit more and never allow it to appear in the list of the top 10 shareholders of outstanding shares. ”

"We have opened thousands of accounts, and the top 10 shareholders of outstanding shares are all funds. ”

In these years, in China's stock market, as long as big money does not step on thunder, it is generally made money, because the rhythm of ups and downs is basically controlled by big funds. As for the little scatterers, they are the wealth boys, and it is better to stay away from the stock market.

The stock market, if you don't calculate the cost of capital, transaction costs and dividends, it is a zero-sum game, and the big players make all the money from small players and small scatters, otherwise where does this money come from?

Of course, if you don't sell after buying, you won't incur transaction costs, and then just sit and wait for dividends every year, then the rise and fall of the stock price has nothing to do with you, as long as the dividends can outperform the interest on the funds, you will earn it.

However, most of the listed companies in China have not paid cash dividends in recent years, which can be regarded as a wonderful flower in the world capital market. For long-term investors, companies that don't pay dividends have no value to invest in, no matter how the stock price rises.

In the past few years, the Huaxia stock market is in the midst of a long bear journey, and there are not many stocks that can be speculated as stocks.

Every boss wants their stock to rise sharply, and Li Dongwen is no exception. Looking at the stock of Peach Blossom Fairy, which broke through 60 yuan several times in the past year, failed to stand firm, and fell again, it was inevitable that I was a little unhappy.

A week later, Zhang Junru found Li Dongwen.

"The preparations for the launch of Peach Blossom Fairy Wine are almost over. Boss Li, are you free, let's talk about the listing of Guancheng Furniture Factory?"

"Well, you say. ”

"We still suggest that the Guancheng furniture factory and the store system be listed separately. The first listed furniture factory, which is the entity, is easy to pass through, and the operation is also simple. However, the disadvantages are also obvious, the volume is small, and the financing scale is also small. ”

"I don't care how much money I raise. ”

"You're the big boss, of course it doesn't matter. But those of your subordinates, Ma Xiaolong, they don't think so. They still hope to get more benefits for the factory and try to get as much financing back as possible. ”

"Hmm. Do they have a plan?"

"Let's not talk about them first, let's talk about you first. When you started this furniture factory, I was also a party and an insider, and I knew all the family background and financial indicators, and I was not even optimistic about this industry, thinking that it was a loss-making transaction. Now, five years later, I suddenly realize that this is the most profitable and valuable company for you. ”

Li Dongwen smiled slightly: "How can you see it?"

"First of all, the turnover: Taohuaxian Furniture City, hundreds of them in the country, are more than a few thousand square meters of flagship stores, I don't know how to sell furniture, but also sell a full range of products of Taohuaxian company, tens of billions of turnover every year, the profits are quite rich. ”

Zhang Junru crossed his fingers and continued: "Let's talk about fixed assets: these hundreds of stores are all bought, and none of them are rented. And they are all in the prosperous commercial areas of major cities, and they are appreciating every year, and the real estate value of some single stores is more than 100 million. There are more than a dozen stores in the capital, and there are also more than a dozen stores in Modu and Pengcheng, and the stores in these three cities alone are worth billions, and they continue to appreciate. ”

"Let's talk about your inventory in Guancheng: you dare to bid a table for 180 million. Now the finished product inventory in the factory is worth billions, and there are thousands of rosewood raw materials worth tens of billions, which is enough for ten or eight years......"

"Think about it yourself, tens of billions of real estate, tens of billions of inventory, tens of billions of sales every year, tens of billions of profits, how to evaluate the market value of such a company when it goes public? This is simply a business empire!"

When Li Dongwen heard this, he was also slightly stunned. I was forced to be helpless, and my products couldn't be sold, so I built my own channel to open a store, and now it seems that it is a blessing in disguise.

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