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Chongcang Tapai Group Fund
You have too many powerful stocks, outstanding representatives from all walks of life and few great companies.

As far as Shan Bin is concerned, Vanke, Maotai, Ping An and China Merchants Bank are expected to enter the great ranks. Among these companies, I personally recommend Vanke (just for the charm of Wang Shi), but Maotai is definitely the company that can cross the cycle most. Just pay attention to the margin of safety and participate.

Also give two examples to briefly talk about my own excellent company (which is also the object worthy of serious attention at present).

1 huaxin cement, the share price is nearly half lower than that of foreign capital (I believe everyone knows the shrewdness of foreign capital, and the loss of bank assets illustrates the problem). China's development model of building bridges and paving roads is unlikely to change in the next 20 years. The demand for cement can be imagined, and now it is facing post-disaster reconstruction. Small-cap and low-PE grow steadily, and I think the future development speed will at least not be slower than that of Vivanco. Cost is not a big problem. If you are interested, you can continue to study in depth.

This short-term attention is very valuable.

Yili shares have limited short-term value, but they are the possible future bull stocks that I am most concerned about.

The index of marketing rate (total market value/sales volume) can well reflect its potential value. The total market value of nearly 20 billion sales is only 654.38+0.2 billion, indicating that the current profit rate is extremely low. However, the dairy industry is developing rapidly, and dairy enterprises are facing integration. I firmly believe that the dairy industry, like the depressed real estate industry in previous years, is waiting for an opportunity to brew. Where are the opportunities? Need constant observation.

Don't underestimate the price-sales ratio. The lower the price, the more valuable it is, which is more useful than P/E ratio and P/B ratio (it is definitely a reliable statistical result).

At present, the unsatisfactory and irrational market is likely to hit Yili's market value below 654.38+000 billion, and actively pay attention to bargain hunting.

Attached is a sentence from Mr. Li Chi, a private equity hero: A good share and a good price is a successful investment. If you often try to relax the standards, you will inevitably lose your principles and eventually die without them.