Chapter 355: Comprehensive Bottom-fishing Behavior
After deciding to start the position building task, Gu Junhao was also thinking about how to allocate the tasks of these stocks, because except for the two stocks that he had already built positions in, all the stocks he chose were blue-chip stocks.
The 11 individual stocks cover real estate, liquor, home appliances and lithium battery sectors. The two lithium batteries and Longi shares, which are personal holdings, can be summarized into the new energy sector.
In the real estate sector, Vanke is currently suspended from trading. Gu Junhao couldn't find a target he liked after much searching. Although he knew that real estate stocks had room for growth in the future, he couldn't help but feel that he really didn't like them.
In fact, Gu Junhao is not very fond of the real estate sector from a personal perspective. To be honest, Gu Junhao really looks down on the real estate sector in the entire market, except for Vanke.
Even if there is a certain increase in the price, he still does not look down on it. The reason why he is interested in Vanke is not just because he wants to invest in real estate stocks, but more because he wants to benefit from the equity dispute.
Therefore, after some consideration, Gu Junhao only retained the existing Vanke A in the real estate sector and did not add any other new positions.
Wait until Vanke A resumes trading, and then choose whether to increase your holdings based on its specific changes.
As for the liquor sector, Gu Junhao's moves are relatively big. In addition to the existing Maotai and Wuliangye, Gu Junhao has added three new secondary brands.
The three are Fenjiu Group, Luzhou Liquor Industry and Gujin Gongjiu. These three liquor companies are all very strong regional brands and are also well-known nationwide.
Judging from the holding style, Junshi No. 2 will hold 5 liquor stocks in 2016, accounting for 50% of the total position, which can be said to be a big deal.
As for individual household appliance stocks, needless to say, they are definitely the two leading stocks in the current home appliance industry, Gree and Midea.
With the recovery of the real estate industry and the strengthening of their own capabilities, the performance of these two leading companies this year is also worth looking forward to.
As for the two lithium battery sector stocks that are currently building positions, since the two stocks share 600 million yuan in building funds, the positions account for a relatively small proportion.
Keheng Co., Ltd., Ganfeng Lithium Co., Ltd., Tianqi Lithium Co., Ltd. in the proprietary trading and Longji Co., Ltd. in Gu Junhao's personal holdings, these five stocks can be summarized into the new energy sector.
In general, the future style of all Junshi Group's holdings will be mainly pan-consumption + new energy. As for the current situation, Gu Junhao is more optimistic about the pan-consumption sector.
In the future, eight blue chip stocks including Vanke A will occupy nearly 90% of Junshi No. 2's positions. In addition to certain expectations for stock prices, the dividends of these blue chip stocks are also very considerable.
The blue chips in the broad consumer product category focus on the present, while the new energy sector looks to the future. At the same time, most of these stocks are stocks that are concentrated in the national team and major public funds.
By holding these individual stocks, there is no need to worry about the leakage of fund holdings and being followed or blocked by others. The safest way is to break down funds into smaller ones and follow large public funds to reap the benefits.
As stated in a previous interview, returning to value investing in blue-chip stocks will be Junshi Capital's investment direction for A-shares for a long time to come.
It can be said that low-priced, high-growth blue-chip stocks are a great blessing for both ordinary investors and institutions.
In addition to stock price expectations, dividends and rights issues after dividends are also a major source of confidence for holders.
Most ordinary investors look down on stock dividends, thinking that the ex-rights ratio after dividends is just a word game. In fact, from a long-term perspective, stable dividends are very beneficial.
For example, bank stocks have an annual dividend rate of about 4% to 5%, which is actually quite considerable. Even if the stock price does not increase after the dividend, the cash after the dividend will be deposited into your personal account.
After holding steadily for a few years, the cash from dividends will be enough to dilute a certain amount of the holding cost. After that, all it takes is a rebound in the market and the stock price will rise to a certain level to realize substantial profits.
As a stock with stable performance, even if it is not in the limelight, its stock price will not continue to fall. If it rises too much, it will naturally fall, and if it falls too much, it will naturally rise. This is due to the inertia of A-shares.
As long as you don't buy at the highest point or when sentiment is overheated, there is basically no need to worry about holding the position.
However, with this type of mid- to long-term holding method, you must keep a calm mindset and not want to sell after holding for two days. There is no need to buy this type of stock with this investment mentality.
…
Without responding to Cao Wenxun's request, Gu Junhao directly issued an order: "Except for Vanke and Maotai, there are five other stocks that need to be opened, and Wuliangye also needs to be opened."
Then, Gu Junhao said, "Tingting, you have other arrangements. Ruoyu, you can add to Wuliangye's position. Brother Peng will handle Maotai. As for the remaining five positions, you can decide which one you like and then allocate it yourself."
Wu Peng had already been told about the operation of Maotai beforehand. Wu Peng was not excited about building a position as he was more accustomed to the daily punch-in style operation.
Since Wuliangye did not need to increase its positions much, it was just right to let Wang Ruoyu handle it. The other five new positions were each allocated 600 million yuan and were established by four new traders and Cao Wenxun.
In Gu Junhao's opinion, such allocation is more reasonable. As for which stock to operate specifically, Gu Junhao does not intend to intervene this time. They are all similar anyway. It depends on your own choice as to how well the stock will rise in the end.
If the volatility is large, you will earn more performance commission; if the volatility is small, you will earn less. There is no absolute fairness in the financial market. Which one you choose depends on your own destiny.
"Ah, boss, what are my arrangements?" Liu Tingting, who was not assigned any specific task, looked at Gu Junhao in surprise.
However, this surprise was just surprise, and there was no dissatisfaction. In fact, Liu Tingting and Wang Ruoyu had never experienced such a position of up to 600 million yuan.
"We'll talk about your task later." Gu Junhao said with a smile, waiting for the other five people to assign specific stocks to operate.
It’s not that he doesn’t trust their abilities; on the contrary, after spending such a long time together, Gu Junhao has great trust in their abilities.
In addition to considering the balance of the team, this way of allocating funds is more of a protection for the two people and avoids putting too much pressure on them.
Competing in building positions with a group of new employees who are eager to show their abilities and have extensive trading experience is a certain amount of pressure for Wang Ruoyu, currently the head of Junshi's No. 2 trading group, and the girl Liu Tingting.
After discussing for about half an hour, the five people were assigned specific stocks to trade. Among them, Cao Wenxun chose Fenjiu Group, Yang Lin and Xiao Jing chose Luzhou Wine Industry and Gujin Gongjiu respectively.
The three of them, together with Wang Ruoyu and Wu Peng, managed the liquor sector among Junshi No. 2's holdings, while Huang Ji and Tao Cheng chose Gree and Midea respectively.
Compared with the above three people, these two are more fond of this stock; so far, Gu Junhao has arranged all the specific position building plans, and the rest is left to the traders to see their performance.
With the five newly-established positions plus the previous two lithium battery stocks and Wuliangye’s plan to increase its holdings , Junshi No. 2 expects the total funds for building positions to be around 3.75 billion yuan this time.
Currently, the total funds of Junshi No. 2 account before building positions are about 5.2 billion yuan, and there are still about 1.45 billion yuan of funds after all positions are built.
In addition to preparing for the resumption of trading of Vanke A, the rest of these cash flows are used to ensure current daily operations and replenishment of fund cash flow.
In Gu Junhao's plan, such a position is relatively reasonable. This year and even in the next few years, A-shares are destined to be a year with relatively large fluctuations. The profit from a full position may not be comparable to the rotation of positions.
After the allocation, Gu Junhao said to the others, "Okay, go and prepare. Try to build your positions before the New Year. The index is currently below 3,000 points and has been falling for more than half a month. It's the right time to buy at the bottom and build a position."
Afterwards, Gu Junhao left Liu Tingting alone again. Liu Tingting's task had not been assigned yet. In fact, Liu Tingting's task was very simple, which was to monitor Tianqi Liye in the proprietary trading account and Longji Shares in the personal account.
Since Tianqi Liye, Xu Jianqing and others mainly traded rice stocks in the night trading session, they had no time to take care of these things, and it seemed wrong not to keep an eye on them.
In particular, Tianqi Liye has added expectations for the potential for bonus and share transfer. The probability of a high bonus and share transfer at the current stock price is also relatively high. The performance of the stock price after the high bonus and share transfer and the rights filling market are a long-term trend that must be watched by someone.
As for Longji Shares in personal accounts, the stock price has fallen by nearly 20% since the resumption of trading, and the trend of Longji Shares has a very high degree of overlap with the Shanghai Composite Index.
With such a high degree of overlap, and the fact that Gu Junhao was able to confirm that the Shanghai Composite Index has not yet fallen through, it is highly likely that Longji Shares’ adjustment this month has not ended.
That is to say, Longji shares, which have fallen by about 20%, have not yet adjusted to the right position, and from the perspective of the support position below, its monthly five-day line and the two daily limit positions when the positive news started in October last year are the ultimate support.
Based on these judgments, Gu Junhao believes that the share price of Longji Green Energy Technology Co., Ltd. may fall to 11 yuan or even around 10 yuan at the time of extreme starting, and there is still 13% or even 25% room for correction.
And if the stock price really falls to around 10 yuan again as the index adjusts, Gu Junhao will have to prepare to add some positions again.
Even if the shareholding ratio exceeds that of the national team, it is worth it for Longji Shares priced at 10 yuan. With no concept of rescuing the market, Gu Junhao does not want to miss this opportunity.
What's more, it is still unknown whether the national team has run away. According to my memory from my previous life, at the beginning of 2016, the national team had already begun to reduce its holdings of some of the stocks it had bought to rescue the market.
