1.0 Kweichow Moutai plunged 67 billion a day. What the hell happened? There is a lot of news in the securities market these days, the most interesting of which is that Kweichow Moutai plunged 67 billion, which is definitely one of them. Kweichow Moutai is born with its own aura, which has attracted much attention in the A-share market and even the global securities industry. This sudden plunge of 67 billion yuan is hard to attract people's attention.
The specific time when Kweichow Moutai plunged 67 billion yuan was 65438+ 10/9. On the same day, Kweichow Moutai rose for a period of time after the opening, and then began to fall, falling endlessly until the close, closing with a barefoot yinxian with a shadow line, and the closing price was 2009.4438+0. After the close, everyone took a closer look and found that Kweichow Moutai actually fell by six or seven billion.
Faced with this situation, it is hard to blame netizens for making a fuss. 67 billion is really not a small number. Because there are only more than 200 companies with a total market value of more than 67 billion in the entire A-share market (the data on June 22, 65438 is 226, and the number of qualified stocks will definitely fluctuate with the fluctuation of stock prices). This means that the market value of most A-share companies has been lost after Maotai fell for one day (A-shares ended at 65438+1October 22nd, and * * * had 4 163 stocks).
In response to the decline of Maotai, there are different opinions on the Internet. Just find a search on the internet, and the full screen is an interpretation of Maotai's plunge. In short, everyone is eloquent and thinks that they have mastered the truth about the decline of Maotai. As for the truth they said, whether it is true or not, it is true that different people have different opinions.
2.0 Kweichow Moutai fell 67 billion a day. What does it have to do with? Kweichow Moutai fell by 67 billion a day. There are two mainstream news on the Internet. One is that a fund reduced its stake in Kweichow Moutai, and the other is that Shan Bin sent a message on the Internet saying that the doctor advised him not to drink. The power of these two messages is so great that it has a lot to do with their special status.
The fund to reduce its holdings of Kweichow Moutai is called American Fund-European Asia-Pacific Growth Fund, which holds the largest number of Kweichow Moutai shares in the world, with a peak of 76 1. 1.8 million shares. This fund belongs to the American asset management giant Capital Group. It reduced its holdings by 450,000 shares in the fourth quarter, which was interpreted by many investors as bad, so it chose to sell.
As for Shan Bin, he is one of the most famous value investors in China. For many years, he has been a dead cow in Kweichow Moutai. He has repeatedly posted on the Internet that he is optimistic about the future of Kweichow Moutai. His fund also holds a large number of shares in Kweichow Moutai. The content of his net post that he doesn't drink is like this: physical examination, the doctor advised me not to drink! I guess I can't drink it anymore? .
But bin's statement was interpreted as meaning. In fact, in my opinion, Dan Bin is just stating the fact that his physical condition is no longer suitable for drinking, as simple as that. It is far-fetched to link these remarks with bearish Kweichow Moutai. If it hadn't happened that Maotai dropped by 67 billion yuan, no one would have done this interpretation at all.
3.0 ? Kweichow Moutai fell by 67 billion a day. Is Kweichow Moutai really going to die? From the perspective of investment, whether a company can do it mainly depends on three aspects: first, its growth potential; Second, the situation of valuation; Third, the risks faced. If these three aspects are not up to standard, the company will definitely be eliminated. Strictly speaking, in fact, as long as one aspect is not up to standard, it should be eliminated.
Inquiring about relevant information, we will find that the return on net assets of Kweichow Moutai in recent five years has exceeded 23%, which is an excellent growth data. As for the valuation of 58.6 1 (using TTM valuation), this valuation is undoubtedly on the high side, but compared with other junk stocks with a valuation of over 100, Kweichow Moutai is much better. In terms of risk, the risk of Kweichow Moutai is very small, and there will be no bankruptcy at all (the asset-liability ratio of Kweichow Moutai 2020 is only 65,438+06.47%).
Having said so much nonsense, I want to express that Maotai will not fail. Although its share price looks high, overall, it is much better than many other junk stocks. (Again, this article does not constitute any investment advice. )