I have to say that the business philosophy of agricultural supermarkets to exchange sincerity for sincerity, in the current environment where the trust between people is getting lower and lower, in a variety of atmospheres where you fool me and I fool you, and in the situation of bad money driving out good money, agricultural supermarkets are both out of place and commendable.

It is precisely because of this that the agricultural supermarket is like a ray of light, and thousands of consumers want to protect it, which is actually a pure land of mutual trust between people in their hearts, even if it cannot reverse and lead a new trend, I sincerely hope that it can not be infected by this turbid world.

What Fang Hong did not reveal to outsiders is that his heart for the success of agricultural supermarkets is complicated, because strictly speaking, there is no so-called industry moat in this company, and there is no core technology.

In fact, the agricultural supermarket is relying on a simple honest business route, which should be the basic moral cultivation, but it has become the winning method of the success of the agricultural supermarket, in a narrow sense, this is the rare and valuable agricultural supermarket, in a broad sense, this is not a kind of sadness, so Fang Hong is mixed in the face of the success of the agricultural supermarket.

And at this moment, the words that Fang Hong said in the live broadcast made everyone feel encouraged, it was K God, the founder of the agricultural supermarket, who gave him such a business philosophy, at least K God is there, so there is no need to worry about the agricultural supermarket will change its original intention in the future.

In fact, the shareholders of the big A are not like this......

Many shareholders were hurt too deeply by Big A and hated it, and even some shareholders were about to speculate on stocks, to the extent of hating the house and Wu.

If it weren't for the K God, if it weren't for the emergence of the SGX, I'm afraid there would be more and more such people.

Fortunately, there are people like K God in this era, and now the story also has a new stock exchange, which is not what shareholders want to protect and the ray of light that they are looking forward to......

But at this moment, Fang Hong looked at the barrage in the live broadcast room, saw a barrage floating by, and read it again: "Do agricultural supermarkets want to be listed?" ”

Fang Hong directly and affirmatively replied to this barrage: "It's going to be listed." And everything goes well should be on this year, and the matter of registering and listing on the SGX is already being prepared, and the prospectus should also be issued, but the company's price-earnings ratio will not be too high, at most about 17 times the price-earnings ratio, and the IPO valuation should be in the range of 450 billion to 500 billion. ”

Many people in the capital circle who were diving and watching in the live broadcast room were quite sideways, Fang Hong said it generously, and after a while he spoke freely in the live broadcast room: "If you are a retail investor, there is not much capital, and it is not recommended to invest in this company with small funds, its value growth is quite limited, unlike technology growth companies, it can't give too high a price-earnings ratio, and the profit margin is not high, it is estimated that it will stabilize after two or three years, and it is impossible to maintain double-digit profit growth, and it will be biased towards dividends at that time." ”

"Generally speaking, a company begins to pay dividends is actually telling the market that its future development space and upper limit are almost here, and then they will keep their own one-third of an acre to make stable profits, and will not expand again, it is difficult to have new growth points, and the money will be directly divided."

"Agri-commerce supermarkets are typical traditional enterprises, and their stock prices are difficult to have the potential to rise tenfold or even dozens of times like those of technology companies, especially technology growth companies. Therefore, this company is not suitable for small capital intervention, you buy its shares with a small amount of money, and it will not rise by a few points in a year, and the proportion of shares accounted for by your funds will not be divided into a few steel hammers. ”

"But it is very suitable for a large amount of remote capital intervention, that is, a remote cycle of five or ten years, mainly for hedging and hedging funds, such funds are very suitable for intervention, the return on investment of the stock is not high, but its risk is low, although the overall return is not very prominent, but it is certainly much higher than the yield of treasury bonds, and the dividends will be stable in the future, so it is very suitable for this kind of remote large-scale capital heavy intervention."

There are also many investment institutions in the live broadcast room, they attach great importance to Fang Hong's advice, this is an investment advisory suggestion from K God, whether it is weight or gold content, it is absolutely leveraged, and no one in this world can afford to invite K God to be an investment consultant.

He said this, those large-scale remote investment funds will definitely include agricultural supermarkets in the strategic objects, agricultural supermarkets are typical weighted blue chips, the so-called large-scale remote funds such as social security funds, insurance funds or something is very suitable for intervention.

In fact, there is no need for a retail company like an agricultural supermarket to be listed, and the reason why Fang Hong still wants to list the company is for the SGX and the independent valuation system strategy.

Some action-oriented institutions have begun to prepare, since Fang Hong said in the live broadcast room that he wants to let agricultural supermarkets go to the Singapore Stock Exchange, it will definitely not be able to run, according to the scale of its issuance valuation of 500 billion, most of the IPO initial fundraising will be about the same level as the previous Jingdong, and may raise about 300 billion.

In the next few years, the agricultural supermarket can be completed to complete the layout to achieve further sinking of the market, and the probability will increase to 800 to 1000 nationwide, even if it is a 3% net profit margin after stabilization, the annual absolute net profit will be close to 700 to 90 billion scale, even if it is given about 15 times the price-earnings ratio, the future market value is expected to exceed 1 trillion to 1.35 trillion.

According to the conservative data expected net profit of 70 billion yuan, maybe there will be a stable dividend of 50 billion yuan every year in the future, for the large amount of long-end funds with low risk appetite and stability, this kind of low-risk and stable dividend high-quality enterprises are indeed very attractive.

With the chatter in the live broadcast room to the capital market, some audience netizens also posted barrages to ask for wealth passwords, and asked what good investment targets could be intervened in.

Fang Hong also replied calmly when he saw these barrages: "Don't ask, if you ask, it's a fixed investment in the new certificate 50." ”

Answering questions like investment advice later is the standard answer.

After a while, a barrage was noticed by Fang Hong and read out in the live broadcast room: "The agricultural producer is on fire, everyone comes here to buy vegetables, what about the street vendors?" Agri-supermarkets have squeezed the living space of this vulnerable group, how can they survive in the future? ”

Fang Hong said with a smile after reading it: "This barrage is good, most people may not know, just talk about it." Taking Xincheng as an example, there are basically no more street vendors in Xincheng, and some people may wonder where they have gone. Are they still selling vegetables? How can you make a living if you don't buy groceries? ”

"The answer is that they are still selling vegetables, but they are not selling directly to consumers, but they are selling agricultural supermarkets, and some of the eggs, fruits, and vegetables on the shelves are supplied by these street vendors."

"Each agricultural supermarket has a special procurement team, which is specifically responsible for docking this group, and the agricultural supermarket purchases it and then uses its own specialization to process these products and then push them to consumers."

When he said this, Fang Hong came to a shelf where eggs were placed, and the director also gave the camera a close-up of the eggs, Fang Hong picked up a small egg and said to the camera: "The eggs placed here are purchased from the hawkers, the local domestic eggs, and some local dishes, which are also marked on the shelves." ”

Fang Hong put the eggs back, looked at the camera with a smile and said: "I have learned from the front-line shopping guide in this store, and she told me that these local dishes, local domestic eggs, poultry and the like are the best, and customers want to buy them early, because they will be swept away soon." ”

This is indeed true, because many people think that local dishes and local eggs are grown and raised by the aunts and uncles themselves, which is more organic, more environmentally friendly and healthier.

Consumers now have a super trusting relationship with agricultural supermarkets, and they are placed on the shelves after the strict selection and optimization of agricultural supermarkets, which is equivalent to having a professional endorsement, so it is very popular.

…… (End of chapter)