The Rebirth of the Financial Hegemon

Chapter 166 Good Stocks and Good Companies

In the large office, Zhao Jiangchuan stood with his hands behind his hands. He stood on the edge of the glass and admired the scenery outside.

Because the weather was clear, the Pearl of the Orient on the opposite side was clearly visible.

Below the Pearl of the Orient, the Huangpu River flows mightily, and occasionally ships can be seen passing by on the river.

Even closer, you can already see the pedestrians and vehicles passing downstairs.

Most of the magic city is reflected in the eyelids.

The feeling of looking down from above after just doing something you love is so refreshing.

Directly in front of the desk.

Fang Zhongyuan and Liu Qiang stood with their hands folded and were reporting the company's recent project progress to Zhao Jiangchuan.

With Zhao Jiangchuan's capitalist character, how could he let hundreds of millions of dollars of capital lie down and sleep every day?

Before he returned to Ludao, he had already arranged the company's goals.

Layout G Fenjiu.

G Fenjiu is Shanxi Xinghuacun Fenjiu Factory Co., Ltd., formerly Shanxi Xinghuacun Fenjiu Factory.

The company's corporate legal person business license registration number: 140000100028286.

The industry it belongs to is food brewing.

In 1993, approved by the China Securities Regulatory Commission's Zhengjianfashenzi (1993) No. 37, the company issued a total of 78,000,000 social legal person shares and social natural person shares, with a total share capital of 376,400,000 shares.

Capital structure:

????????(1) The registered value is RMB 376.4 million.

????????(2) Paid-in share capital is 376.4 million yuan, including:

The state-owned shares are worth RMB 298.4 million, accounting for 79.28% of the total share capital;

????????Social legal person shares are worth 28 million yuan, accounting for 7.44% of the total share capital;

??????????Social individual shares??????????50 million yuan, accounting for 13.28% of the total share capital;

The internal employee shareholding is RMB 5 million, accounting for 1.33% of the total share capital.

Shanxi Xinghuacun Fen Distillery entered the national second-level enterprise for the first time in 1985, and was the first to recommend total quality management in the national brewing industry. In 1986, it won the "National Quality Management Award" for the first time, becoming the first unit in the national brewing industry to win this award.

????????The factory has been profitable every year since its establishment 44 years ago.

Since 1988, it has been rated as one of the 500 most economically profitable enterprises in the country for five consecutive years, and has jumped from 289th in 1988 to 92nd in 1991.

The comprehensive economic benefits have ranked first in the national instrument and beverage industry and the national light industry system for five consecutive years, becoming the second largest profit and tax household in western Shanxi.

In 1992, it won the first place in scale efficiency in the national light industry industry from the Ministry of Light Industry. The main economic indicators that best reflect the comprehensive management level of an enterprise meet the requirements of national first-level enterprises.

In December 1993, it was approved to be restructured into a joint stock limited company.

It was listed on the Shanghai Stock Exchange on January 6, 1994.

Overall, this company is in good shape.

It has made stable profits year after year and has a great reputation in the industry. If we use later analytical terms, it means that its fundamentals are very good.

Therefore, Zhao Jiangchuan had no intention of setting up Shanxi Fenjiu before.

A bit ridiculous.

The profitability of Shanxi Fenjiu is one of the best in the country every year, it is stable, and its performance is growing every year.

This is a very high quality company.

But the reason why Zhao Jiangchuan didn’t want to settle in Shanxi Fenjiu in the first place was also because of this.

The fundamentals are too good, Jinxi Fenjiu is too high-quality, this company is too profitable and too outstanding.

Things always have two sides. Theoretically speaking, excellence is of course right.

Just like being smart is not necessarily a good thing, the excellence of the Jinxi Fenjiu company is not a good thing in Zhao Jiangchuan's opinion.

There are no fools in the world.

Everyone who thinks others are fools is often the biggest fool.

Jinxi Fenjiu is a century-old liquor company. Zhao Jiangchuan can see various data of the company, and others can also see it.

Everyone knows that Jinxi Fenjiu is a very good company.

This is the reason why Zhao Jiangchuan least wants to lay out Shanxi Fenjiu.

Zhao Jiangchuan plays with capital.

Now that he has 600 million in capital, he has the ability to speculate on a stock alone.

Accumulate funds at low levels, and then build momentum and sell when you are full.

For Zhao Jiangchuan, these things were extremely proficient.

Unfortunately, Zhao Jiangchuan did not find the good stocks he wanted.

It's a good stock, not a good company.

These are two different things.

Zhao Jiangchuan naturally knew this very well.

In Zhao Jiangchuan's eyes, good stocks need to meet several conditions.

The company's circulating shares are not large, so it would be best if he could play with 600 million.

The company's performance doesn't have to be good. The worse the overall environment is, the better. As long as it doesn't mean it will go bankrupt tomorrow.

You should also be lazy financially, so lazy that you even publish workers’ wages.

However, what made Zhao Jiangchuan vomit blood was that he searched for several days among 285 listed companies, but he still couldn't find a good stock.

The highest price of Vacuum Electronics is 2,600 yuan per share, which shows that it has been ruined.

Feile shares, the highest intraday price was pulled to 3,550 yuan per share, and it was also screwed up.

These two stocks are like a woman in ruins, who has been completely lazy by the funds inside.

Zhao Jiangchuan would be infected with AIDS if he dared to get in the car with such a bad guy.

Shenhua Electric Co., Ltd., Aizhi Shares and other early-listed stocks all have stock prices in the hundreds or thousands.

In an era when the average national income in China was only 1,800 yuan per year, who would dare to touch such a stock.

It dropped from 3500 to a few yuan, and the holding plate alone can form a strengthening brigade.

Zhao Jiangchuan wanted to make money in the market, but he didn't want to be a member of the People's Liberation Army.

Therefore, all those stocks that were ruined in the early stage were blacklisted by him.

It is not easy to find the stocks you want to buy from among 285 stocks. Fortunately, there are many people in the company.

With Zhao Jiangchuan's detailed instructions, it took a day to finally find a dozen good stocks that met the conditions.

The company is bad enough. It loses money every year. It complains to the local government every day that it is poor. It basically makes no profit but only loses money. The financial report is a mess.

Yes, this is the good stock that Zhao Jiangchuan needs.

Because this kind of company is bad enough.

Will anyone buy crappy stuff? Yes, but certainly rarely.

This is the logic why Zhao Jiangchuan must find a bad company.

A good company means making money, and the stock price of a company that can make money should rise. This is the logic of ordinary people.

But Zhao Jiangchuan's logic is that for a bad company, there will be fewer people buying its stock, so there won't be that much selling pressure to boost a stock.

Because no one is a fool.

If you don’t invest in a company that is so profitable and stable, you would be a fool; if a garbage company loses money every day, you would be a fool if you invest in such a company.

But the result still made Zhao Jiangchuan very depressed.

Among the dozen or so stocks he picked later, he got beaten up.

At the beginning, he built a position of several million in a stock, and then found a time to invest it all to see if there were other funds in it.

Then as soon as he tried it, he was eaten in seconds.

If one doesn't work, replace it with another.

But in the end, Zhao Jiangchuan discovered that such good stocks were controlled by others.

As soon as he entered, he was beaten up and three guys told him to get out.

748,748…

Zhao Jiangchuan was asked to eat shit.

Zhao Jiangchuan was also in despair. The handicap was completely controlled, so he could only get out of here.

Later, after Zhao Jiangchuan considered testing it many times, he turned his attention to Shanxi Fenjiu.

There is no one in this stock.

Of course, it cannot be said that there is no one. To be precise, there are only retail investors.

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