The 8-day holiday is drawing to a close, so I just want to ask you if you have drunk or delivered wine to others during the holiday.

There has always been a wine culture in our country. Wine can be not only drunk by ourselves, but also given as a gift to others, especially at wedding banquets. Almost every table has wine.

it is reasonable to say that wine is just needed, so the fund income corresponding to our investment in alcohol products should not be too bad.

However, a liquor fund that my friend just invested in some time ago suddenly plunged thousands of miles and lost 8% at once.

I was thinking of leaving the market with a profit of 1%, but I didn't expect to make a profit but lost 8%.

She doesn't understand why the liquor fund she invested in turned over when the holiday is approaching and the demand for liquor is strong.

today, let's talk about this kind of investment: liquor.

Liquor is actually a kind of distilled liquor, which is brewed with Xiaoqu, Daqu and yeast as starter.

Our common liquors are Maotai, Wuliangye, Shanxi Fenjiu, Jiugui Liquor and so on.

1. Liquor has the property of preserving and increasing value.

Liquor is different from other foods. The longer it is kept, the more fragrant it is, and the more valuable it is.

especially maotai, as we all know, the price of maotai is now more than 1 yuan a bottle.

Then every time Maotai starts to increase its price, many people will hoard goods in large quantities, which will push up the price of liquor.

2. Liquor is scarce

There are many liquor brands, but there are not many high-end liquors like Maotai and Wuliangye.

Brewing techniques will be different due to different cultures, especially the varieties of water and grain used in brewing will be different due to different climate.

Therefore, this makes it impossible to replicate in other regions, thus making every liquor scarce.

3. Liquor has the property of high income

The cost of liquor is actually very low. After all, it only needs grain and water to be fermented and distilled to become liquor.

The comprehensive investment of liquor is relatively low, but the premium rate is outstanding. Liquor is expensive, which has obvious profit-making effect and considerable long-term investment income.

liquor has been sharply adjusted back, and investors are more concerned about whether the liquor fund is worth investing.

We all know that the liquor fund corresponds to liquor stocks.

Take "China Merchants CSI Liquor Grading", a representative fund in liquor, which can be described as the representative of liquor fund.

Its key stocks are Wuliangye, Kweichow Moutai, LU ZHOU LAO JIAO CO.,LTD, Yanghe, Shanxi Fenjiu, Jinshiyuan, Kouzijiao, Jiugui Liquor and Gujing Distillery.

so what are the main aspects to see if these wines are worth investing in?

Tou Erjun summarized three aspects:

1. Corporate profits

This year is quite special. During the epidemic period, banquets and gifts are not allowed, which led to the impact of liquor, and the consumption in the first and second quarters was not ideal, and the performance dropped sharply.

after may, the domestic epidemic situation was controlled, and the state vigorously promoted the development of consumption, and the profit of liquor obviously rebounded.

For example, the gross profit of LU ZHOU LAO JIAO CO.,LTD, Jiuguijiu and Yanghe has increased.

2. Pressure on goods

Whether the sales of wine are good or not depends on the pressure on goods, that is, inventory. If there is more inventory and the period of pressure on goods is longer, it is obvious that supply exceeds demand.

the market demand is small, which leads to the decline of wine performance.

Shunxin agriculture is mainly because the supply of pork drives the overall cycle turnover rate.

the maotai market has been in a state of short supply.

Year-on-year growth: According to the revenue data, after the epidemic situation was controlled, most liquors achieved a net increase in revenue in the second quarter.

For example, the revenue growth of Maotai, Wuliangye, Shanxi Fenjiu and LU ZHOU LAO JIAO CO.,LTD maintained a normal level in the second quarter.

The revenue growth rate of Jiugui Liquor and Jinshiyuan in the second quarter was 18.6%.

after entering the fourth quarter, it will usher in the peak season of liquor consumption, and the revenue growth should be better. From these three aspects, liquor is still an industry worthy of investment.

so how should the liquor fund be invested? Let's first take a look at why the liquor fund has pulled back so badly in recent days.

First, the valuation of liquor is overvalued at present, and the market is devalued.

For example, science and technology and medicine, which rose very sharply some time ago, have undergone a sharp correction, while liquor is a sector with strong resilience and finally entered the adjustment stage.

in terms of adjustment, it has been adjusted by 8% within one month, and the range of further adjustment is not large, at most it is about 1%.

second, some time ago, the market rose to around 3,5 points and began to rebound, and it rebounded to around 3,2 points, which belongs to the callback of the market itself and is a systemic risk. Any sector will be affected by the downward adjustment.

At present, the market correction is drawing to a close. According to the historical market, there is a high probability of a rebound in October.

In the long run, the Liquor Fund still has good investment value.

how to vote specifically?

From the valuation point of view, the Liquor Fund is still overvalued. If you plan to hold it for a long time, you can enter the market with a small amount of fixed investment. If you insist on fixed investment for 2-3 years, you can get a higher rate of return.

investors who want to catch a ride on the October market can enter the market in batches and quit when the income reaches about 1%.

in a word, at present, the liquor sector still belongs to the high-quality track among many sectors, which is worth holding for a long time.