After Yu Ming participated in Qiongnan Hengsheng Real Estate Development Co., Ltd., only 5.085 million yuan was left.

On July 9, Yu Ming transferred 21 million yuan of funds to the bank account of Qiongnan Hengsheng Real Estate Development Co., Ltd., and used 5.085 million yuan of idle funds to conduct a purely investment operation on the Qiongnan real estate trading platform.

Yu Ming chose the "Southern Impression" sea-view house that has been built and is 2 kilometers away from the west coast of Qiongkou Bay, with 120 square meters per household and a price of 2,100 yuan per square meter, and Yu Ming's 5.085 million yuan fund is 24 sets of one-time tuning houses after deducting various taxes and fees.

Three months later, real estate prices in Qiongkou City have unsurprisingly skyrocketed, and the stock market has experienced a slow bearish three-month journey.

Monday, November 2.

The Kyoto index closed at 517.68 points, a drop of 65.59% compared to the peak of 1478.14 in May, which has reached the expected position opening point, and it is time to withdraw from real estate in Qiongnan Province.

At eight o'clock in the evening, Qiongnan Hengsheng Real Estate Development Co., Ltd. held a meeting of the company's shareholders at the Xijing International Hotel in Shangjing City.

The meeting was mainly the legal representative of Qiongnan Hengsheng Real Estate Development Co., Ltd., and Cai Yuling, the general manager of the company, reported the company's earnings to the shareholders.

Seeing that all the personnel had arrived, Cai Yuling stood up and said:

"I'm sorry for delaying everyone's rest time by gathering everyone here tonight!"

Since Gou Shi is the chairman, he is now sitting on the main seat and said to the shareholders present:

"Mr. Cai only got off the plane at 5 o'clock in the afternoon today, and before he had time to rest, he recruited several of our shareholders to have a meeting, and Mr. Cai worked the hardest."

Lucy Cai smiled and said:

"I'm used to flying around, and I don't feel hard."

Lucy Tsai went on to say:

"There are two things today, the first thing is the report on the company's operation, and the second thing is about the decision of the individual investor Director Yu to withdraw his capital."

Qiongnan Hengsheng Real Estate Development Co., Ltd. said that it was speculating in real estate, but in fact it only carried out a purchase operation, and did not sell it after buying.

Lucy Cai opened the documents on the table, took out the company's financial statements, and made a detailed report to everyone for nearly 1 hour with joy between her eyebrows.

Yu Ming only pays attention to the profitability of the real estate business, and records the key content in the notebook:

The house price of Oriental Garden on October 31 was 4,300 yuan per square meter, and the total market value was 582,099,600 yuan, at a cost of 300 million yuan, if sold, after deducting taxes and fees, the profit would be 247,173,000 yuan;

The price of 90 acres of land on October 31 was 5.1 million yuan/mu, the total market value was 459 million yuan, at a cost of 223.2 million yuan (including interest), if sold, after deducting taxes and fees, the profit would be 203.67 million yuan;

A total profit of $450,08,473,000 was obtained.

Yu Ming accounted for only 7% of them, with a profit of $31.56 million.

After Lucy Cai finished reporting the company's financial statements, after everyone calculated the accounts, she looked at Yu Ming and said:

"Director Yu, according to the agreement, your shares can be withdrawn at any time now, but you still need the shareholders to discuss whether you will inject capital or reduce the registered capital after your withdrawal?"

After discussion, the company's real estate did not need to be touched, and Kate Automobile Co., Ltd. subscribed for nearly 7% of Yu Ming's equity (Yu Ming would leave 1 million yuan when he distilled).

Yu Ming's principal and profit of 52.56 million yuan, the next day, 51.56 million yuan of funds arrived, although Yu Ming is still a shareholder of Qiongnan Hengsheng Real Estate Development Co., Ltd., but only a symbolic 1 million yuan.

Yu Mingtunji's 24 properties have more than doubled their profits, but the amount of funds is not large, and they can be sold at any time, and they will be considered to sell after completing the opening of more than 50 million yuan.

On July 3, the Kyoto Index closed at 520.06 points, up 0.46% from yesterday.

Yu Ming decided to spend two days on the selection of stocks.

Since the amount of funds is now more than 50 million, it cannot be operated at will, so it is necessary to determine the operation method of the market outlook.

First of all, you can't put your eggs in one basket, you should choose 2-3 stocks to open a position, and secondly, you should still do a long-term position after opening a position, and you won't clear your position near the top; Third, there should be an advance amount of clearance to prevent the clearance at the top position.

Yu Ming first decided to build a position in an old stock, a new stock, in the old stock in the previous stage of active stocks there are two, one is Yuyuan Mall, the other is Phoenix Chemical, the new stock decided to build a position in the recently listed new stock, Lianhua Synthetic Fiber.

Lianhua Synthetic Fiber (600617) is a newly listed new stock with a small float and is a small-cap stock.

After a stock split, Yuyuan Mall and Phoenix Chemical have a relatively large circulation, which is considered the current mid-cap stocks, and in the early days of the establishment of the stock market, there is basically no need to consider large-cap stocks.

Stocks that were active in the early stage of the bear market and fell more in the bear market tend to perform better than the stocks that are more resistant in the bear market, Yu Ming calculated the decline of the two stocks from May 25 to November 3, the share price of Yuyuan Mall fell by 86.84%, Phoenix Chemical fell by 70.35%, and the Kyoto index fell by 66.25% in the same period, both stocks have been overfalling.

After two days of thinking, Yu Ming decided to act according to the established policy, regardless of the rise and fall of the market, tomorrow began to build a position in Yuyuan Mall and the new stock Lianhua Synthetic Fiber.

Because the share price of Yuyuan Mall has not yet stabilized, there may be inertia to fall, and although the new stock Lianhua Synthetic Fiber is also falling with the market, the decline is small, and there are already signs of building an arc bottom. Yu Ming is expected to build a position in three stocks, and decided to reserve about one-third of the 51.56 million yuan in the stock account for 17.2 million yuan, and the remaining 34.36 million yuan, about 17.18 million yuan of funds will first build a position in Lianhua Synthetic Fiber, and then build a position in Yuyuan Mall with about 17.18 million yuan of funds, and then depending on the situation, whether to increase the position of these two stocks, or choose another stock to build a position.

Friday, 6 November 1992.

The Kyoto Index closed at 489.05 points, down 1.22% on the day;

Yuyuan Mall closed at 115.80 yuan, with a volume of 198 lots, down 0.18% on the day;

Lianhua Synthetic Fiber closed at 13.40 yuan, with a volume of 946 lots, down 0.22% on the day.

Yu Ming opened a position of 500 lots of Lianhua Synthetic Fiber at an average price of 13.47 (including handling fees, the same below), and consumed 673,500 yuan.

……