Since November, the A-share market out of a sustained rebound market, the performance of the new shares listed on the market and then improved, "meat sign" one after another. And observe the new listed companies in the month of institutional allocation, such as research silicon, Yong Si electronics, new world and many other new stocks allocated to the list of institutions have appeared in the figure of Lin Yuan investment.
It is observed that in the last two weeks, Lin Yuan again through the new buy 12 stocks, investment returns can be remarkable. Behind this, Lin Yuan has what kind of investment stock selection rules?
9 trading days to play the new 12 companies
Many chip stocks involved
Being in the investment world "top stream", private equity big brother Lin Yuan's movements are always always touching the capital The market's nerves. At the beginning of the month, the release of the "Lin Yuan in November to buy 4 companies," the bear market "full position strategy is still continuing (the end of the colorful eggs)" article readers' comments, some investors hope to increase the articles related to Lin Yuan (see Figure 1).
At the request of readers, this weekend RedWeek once again combed through the statistics of Lin Yuan's latest investment situation, and I hope readers can read happily and gain something in the cozy time of the weekend.
In the roadshow at the beginning of September this year, Lin Yuan said clearly that "the early stage of the bull market has come", and this may also be not unrelated to its frequent snatching of new shares,after all, Lin Yuan has always been the investment guidelines are "down when you're not in the rising time is certainly not you! "
Following the beginning of the month through the new buy Nike equipment, Huaxia ophthalmology, Hongbo medicine, Tianshan Electronics 4 companies, statistics November 8 to November 18, the new shares of the agency was allocated, 19 listed companies, Lin Yuan investment in the successful participation of 12 of them to play the new company, at the same time, in the upcoming listing on November 21, Ruijie network of institutions The same allotment details, also appeared in the figure of Lin Yuan investment.
From the placement results statistics, Lin Yuan Investment was allocated semiconductor concept stocks have the highest amount of research silicon, *** there are 192 Lin Yuan Investment's products successfully participated in the company's new, a total of 1,035,400 shares, involving an amount of 10,268,800 yuan. At the same time, this week just landed on the Science and Technology Innovation Board chip concept Yong Si Electronics, semiconductor company Mei Ei Technology, Lin Yuan Investment were allocated more than 5 million yuan, respectively, 6.4467 million yuan, 5.4488 million yuan (see Table 1).
While Lin Yuan said clearly that the future is still more optimistic about the mouth-related industries, and in the participation of small Kang shares after the increase in public statements that "the attitude towards new energy has not changed, but only invested a very small amount of money, which is so small that it can be ignored." but from the recent Lin Yuan involved in a number of chip, semiconductor technology companies to hit the new view, as a senior investor, Lin Yuan obviously will not let go of any wind mouth, after all, in the Lin Yuan's investment aphorisms there is such a sentence - speculation to make money really does not lie in the digging of individual stocks, ranked first! The first place should be the trend. Regardless of what the value of the enterprise, the trend is to buy casually are profitable; trend does not come, rush is useless. Lin Yuan has also said publicly in the roadshow, the future of China's chip industry will certainly give birth to great companies. And this is obviously also in line with the Lin Yuan advocate from the sunrise industry in the selection of stock investment strategy.
New stock board effect increased
New shares allocated to a number of gains
With the market warming up in the month, the performance of the new shares listed on the market has also ushered in a good. Recently, Lin Yuan involved in the highest amount of new research silicon, the company's issue price of 9.91 yuan, the latest closing price of 17.27 yuan, compared with the issue price rose 74.27%. And if the statistics of the company's performance on the first day of listing, the first day of the increase is as high as 91.73% (see Table 2).
Compared to the myth of undefeated new stocks once, this year, new stocks began to break frequently, but the statistics of the month Lin Yuan involved in the fight against the new 15 companies, currently only Tianshan Electronics, Tianyuan Pet two companies fell below the issue price. In addition to the latest closing price of research silicon than the issue price rose 74.27%, the beer stock Yongshuntai performance is also very good, since November 16th landing on the main board of the Shenzhen City, the share price has been closed at 3 consecutive days of stop (see Figure 2).
The prospectus shows that the company's main business is outstanding, malt products are the main source of the company's operating income, and a small amount of other business income is also closely related to malt, mainly including wheat hulls, wheat roots and other scraps by-products and barley raw material sales. It is also understood that, as the largest domestic production and marketing scale of malt manufacturers, in 2021, the company's domestic market share in China reached 27%, and the export of malt accounted for 46% of the country's total export malt.
NingSi Electronics, which landed on the Science and Technology Innovation Board on Nov. 16, also has a more than 50% increase in its latest closing price over the issue price. Yong Si Electronics was established in November 2017, the company from its inception that focuses on advanced packaging in the IC sealing and testing business, at present, Yong Si Electronics has established a stable relationship with many well-known IC design companies in the industry.
Participation in the new "focus"
Preferred to specialize in new leading companies
Observations Lin Yuan involved in the new company. The company's "specialized, special new" enterprises are numerous, such as Nike equipment, southeast electronics, Zongzhi technology, cloud in the horse, the United States and other technology. And this should be exactly in line with the Lin Yuan favor has "baby equity, giant brand" enterprise stock selection rules. After all, "specialized, special new" enterprises are mostly small and medium-sized enterprises in the core assets, not only outstanding growth, and profitability is relatively strong. The future of the company is not only more likely to enjoy the dividends of policy support, in the market capital under the strong bullish, will gradually grow into a development potential of the "giant" company.
Like the U.S. Air Science and Technology, is one of the leading domestic air purification industry, long-term service in the semiconductor, biomedical industry enterprises. And China's air clean technology research and application compared to foreign development is relatively late, so there is a huge growth space. Currently has become one of the larger enterprises in the field of domestic cleanroom equipment, the company's future will be expected to further benefit from the rapid development of the downstream semiconductor and biomedical industry to bring the improvement of air purification needs.
Being called "leather base cloth first share" of the cloud in the horse, is also considered a leader in the industry segments. The company's main artificial leather synthetic leather base material, is the leading leather base cloth manufacturer, 2021 was named Zhejiang Province, "specializing in special new" small and medium-sized enterprises.
Yu Dingheng, chairman of Shenzhen Yihu Investment, said in a previous interview with Red Week that the future investment potential of "specialized, special and new" enterprises is huge, "from the perspective of our relationship with the world, in the context of the U.S.-China game, the industry that can enhance the country's competitiveness will be the focus of future industrial trends and policy support. Future industrial trends and policy support will be the focus. In addition, in the context of *** with the rich, livelihood-based industries in the future most of the micro-profit industry, high gross profit, affecting people's livelihood, involving national security, financial security, data security and other areas will face strong regulation, and can solve the "neck" project of hard science and technology specializing in new enterprises will naturally become the main line of investment. "
Lin Yuan stock selection rules
1. sunrise industry
Investment in stock selection, is to choose the enterprise. Being in a sunrise industry, the future demand is large and promising. When the entire industry is thriving, the vast majority of companies will have high profit margins and high profit amounts. High-quality companies will be able to reap a steady stream of profits, and mediocre companies will also be able to make a lot of money.
2. Leading companies
Leading companies, companies in a monopoly position, hold pricing power and can minimize investment risks. A company can be the boss of the whole industry, itself has already shown the problem, it is in the industry's competitive advantage is very obvious, at any time through the product price increase to obtain more profits. Most of the destiny of such a company is already in its own hands.
3. Scarcity of goods
When there is a shortage of goods in short supply, buyers scramble to buy, the seller to raise prices, the buyer has to accept higher prices to meet their needs, so there is a "scarcity of goods for the expensive" phenomenon of the seller's market. The phenomenon of seller's market occurs. Because of the product demand exceeds supply, profit is guaranteed, money-making machines can form a seller-dominated market, to prove their position.
4. Addictive products
Addictive products can make the user repeat consumption, so that people stay, and ultimately the formation of dependence, become addicted to loyal customers. The reason for choosing addictive products is that the company that produces the addictive product is able to make a stable, sustainable and lucrative profit.
5. Best related to mouth consumption
After studying the stock markets of developed countries in Europe and the United States, we found that most of the companies that have been able to thrive are daily consumer companies related to mouth consumption, as well as pharmaceutical companies related to health, which have been able to maintain a large market capitalization for a long time. For example, in the past 100 years, all the investment and mouth consumption related things, can win big. Mouth-watering companies include, but are not limited to, food, wine, pharmaceuticals and restaurants. When investing in China, the first thing we consider is the demographic factor. With a population of over 1.4 billion, China is the world's most populous country, and with 1.4 billion mouths, they must be the world's number one in terms of what they eat and drink every day. Whether the poor rich, through the mouth to consume things, per capita are about the same, Chinese people do not eat less than foreigners drink less, people live to eat and drink is the most important. This kind of goods related to mouth consumption, belong to the fast moving consumer goods, is a one-time can be consumed products, good accounting, not backlog inventory.
6. The companies with baby equity and giant brands
This type of company is a small-cap outperformer with good growth. The company will continue to give away and allocate shares as it grows, and the number of shares in the hands of investors will continue to increase as a result of the giveaways and allocations. As a quality company, this type of growth company will continue to increase earnings, the company's value is also increasing, in the long term will certainly promote the rise in share prices. Because of the small liquidity of this type of small-cap performance stocks, driven by performance, after the delivery of shares, share allotment also often continue to rise, out of the filling of the stock market, bringing us unexpected income. Long-term holdings of such small-cap performance stocks investors will be able to enjoy the double benefits of stock dividends and rising share prices.
7. Older companies with a long history
Older companies with a long history have products, skills or services that have been passed down from generation to generation, with a distinctive cultural heritage and historical heritage, which have won wide recognition in the community and formed a good reputation. Hundred years of enterprises, often have a unique business, the general business can not produce these products, a product if not good, it is not inherited, has long been eliminated, this is the monopoly. This product has both a long history and culture, and is recognized as something good. This is actually the core competitiveness of the enterprise. It is only a matter of time before these enterprises go global. The worst business result of the old enterprises is to maintain the status quo, and they will not be as short-lived as some emerging enterprises, which will eventually go into decline and be delisted.
8. Gross margins should be high and stable
Interest rate changes are the most important financial indicators, and stable or rising gross margins are fundamental to investing in a company. A steady decline in gross margins means that the business is struggling. Since it is a money-making machine, it will certainly make money, the next 3 years can rise the company, gross profit margin must not decline. I don't even look at companies with declining gross margins. Invest in a company, the change in gross margin needs to be stable or tend to rise. As long as the gross profit margin does not appear to fall sharply, then in financial terms can prove that the company's profitability is relatively solid, the company's vitality is still there.
9. can calculate the accounts of the enterprise in the next three years
Choose the next three years "good accounting" business, do not buy the future profitability of the enterprise is not certain. When buying, the first thing is to consider the risk of the company, the next three years of its accounts clearly, according to our calculation of the worst results, to determine whether the investment will lose money. Calculate the accounts of the next 3 years, you have a good idea of the company's future profits, which is equivalent to knowing in advance the company's business results in the next 3 years. In this way, we operate with a full position, wait patiently, and do not panic in mind. As long as you wait inside, you will always encounter the desired result of a sustained rise in share price.