Chapter 387: First Research Trip
"I asked where the tavern was, and the shepherd boy pointed to Xinghua Village in the distance."
Although the Qingming Festival has passed for more than a month, being in such an environment makes people think of this famous poem.
As the first stop for the research company, Gu Junhao also came to Fenshi, a city with a long history, for the first time.
As early as the Spring and Autumn Period, Guayan County had been established here, which belonged to Bingzhou of Jin State. Compared with this place, Beicang at that time should still be a sea area.
Since the rebound in March, individual stocks in the liquor sector have risen to varying degrees, with only the trend of sub-liquor being the most complicated and the increase being the largest. By the end of April, the increase from the lowest point since the rebound was less than 20%, making it the smallest increase among first- and second-tier liquor stocks.
It was not until the overall surge in the liquor sector on May 3 that the share price of Fenjiu officially opened up room for growth.
However, on May 3, more than half of the stocks in the liquor sector were capped, and the 2015 annual reports of 16 listed liquor companies were disclosed. Except for three companies that were still in the embarrassing situation of declining performance, the 2015 annual reports of the remaining listed liquor companies all showed a double increase in revenue and net profit.
After several years of cold winter, the liquor industry has begun to enter a stage of full recovery. Benefiting from the full recovery of the liquor industry, Jiugui shares have officially been delisted.
When Gu Junhao first gave the list of Jiugui shares to Liu Tingting, the company was still called ST Guijiu. Liu Tingting was very surprised at that time.
The boss has never bought ST stocks, and his attitude towards ST stocks has always been to avoid them as much as possible. However, with the rebound in performance, this listed company, which was at the center of the plasticizer scandal in 2012, has officially been relieved after the hat was removed.
Jiugui shares, which were delisted at the end of April, also closed at the daily limit on May 3, and the number 4 even went against the market trend and continued to rise.
For the leading liquor companies, ST is not a problem at all, but a good opportunity. Gu Junhao even remembers that the Shede shares he built a position in this time were filed with ST by the China Securities Regulatory Commission in 2020 due to information disclosure violations.
Despite such a serious incident, the share price of Shede shares only dropped from less than 90 yuan to around 55 yuan before quickly stopping the decline. Subsequently, it continued to rise for several months despite the ST label, until it rose to more than 260 yuan after the label was removed, an increase of nearly five times.
It has to be said that 2016 was indeed a good time to build a position in liquor. After more than three years of recovery, the liquor industry is also getting rid of the impact of plasticizers. While performance has begun to recover, it is also on an upward trend.
It avoids the long waiting period of holding stocks at low levels, and the market is just starting up, giving a feeling of entering the market in July 2014.
The purpose of conducting research at Fenjiu Group this time is mainly to understand its business situation. The current plan is to visit some of its related production and packaging companies.
There is a stable demand for liquor packaging, and the sales data of packaging bottle companies can often reflect the sales performance of liquor.
There were quite a few people who came out for the investigation this time. In addition to Liu Tingting and Li Xinyu, there was also driver Li Yaohui and a group of employees from the investment research department, a total of 10 people.
Of course, the research is definitely not just about one company. Gu Junhao is the most famous now. If he only researches one liquor company in one trip, his intention would be too obvious.
However, in the first stage, Gu Junhao will only participate in the wine distribution research activity. Afterwards, Gu Junhao will choose to leave the team and meet up with Zhang Yiru, and accompany her for a walk while she is not pregnant yet.
After the team circled from north to south and returned to Zhejiang Province, Gu Junhao and Zhang Yiru had almost finished their journey. They would return with them to complete the research at the last stop and then return to Beicang.
This round of research will start on May 9 and will last until the end of the month. For more than half a month, Gu Junhao, Liu Tingting and others will be out of town.
Employees work while bosses travel. That’s reasonable, right?
The cultural environment in the north is quite different from that in the south. Gu Junhao, who had just arrived here, also felt very fresh.
Fen City is a county-level city located in the western hinterland of Shanxi Province. Administratively, it is under the jurisdiction of Yongning Prefecture. Gu Junhao has a general understanding of its geography.
The first time I knew about this place was in a monthly updated novel in my previous life. The protagonist was a son-in-law who later ran to this area as the plot developed and met a confidante.
It's just that the updates are too slow. This novel was put on the shelves in 2011, and it was not completed for more than 10 years until Gu Junhao was reborn. However, it did not affect his popularity.
It is said that the author himself also trades in stocks, and he would update a few chapters if he loses money, otherwise he would update monthly. I don't know whether it is true or not.
In terms of climate, Fen City has a temperate monsoon climate, with cold winters and hot summers, and four distinct seasons; the current permanent population is around 300,000 to 400,000, making it a lower-middle-sized small county.
When the group arrived in Fen City, it was almost evening. They were a little tired from the long journey, so they checked into a local hotel.
After a while, a securities affairs representative from the wine distribution company came to the hotel to meet Gu Junhao face to face. The period after May Day is the peak period for fund managers to conduct research, and the wine distribution company is also a large enterprise, so it is not likely to be so unworldly.
But Gu Junhao is a little different. Currently, Gu Junhao is the most popular fund manager, and several of his funds are performing very well.
It can also be seen from the list of shareholders that although its two funds did not make it into the company's top ten shareholders list, they are still firmly in the top 20 shareholders list.
The company's securities department attaches great importance to this first survey in the career of such a popular fund manager. In recent years, affected by plasticizers, the performance of listed liquor companies as a whole has not been satisfactory.
The fact that the popular fund manager chose our company as his first research location is undoubtedly a major publicity highlight for the company.
Even good wine needs to be hidden in a crowded alley!
However, Gu Junhao declined the representative's dinner arrangement, citing fatigue from the journey as an excuse. He believed that the research could be carried out normally and there was no need to make any special arrangements.
Seeing this, the other party no longer insisted. After all, it was their first meeting, and expressing goodwill would be enough. Besides , no one knew what kind of personality this fund manager who was a little too young in front of him had.
After sending away the securities representative, Gu Junhao took a short rest and then took his driver Li Yaohui to experience the night view of the small northern county town.
As for Liu Tingting, Li Xinyu and other subordinates, let them make their own arrangements. It won’t be fun to follow the boss.
Shanxi Province is famous throughout the country for its pasta, vinegar and coal. When you come here, of course you have to eat a bowl of noodles. Although Gu Junhao is from the south, he has a relatively high acceptance of pasta.
Before coming here, Gu Junhao made a travel plan and also asked some people from Shanxi Province in his circle of friends. However, in their words, the entire Yongning Prefecture is nothing but mountains and there is nothing fun to do.
Sure enough, in the eyes of any local, the local area is not fun.
Just like some of Gu Junhao's friends from other places, when they asked him what fun places there were in Ningbo, Gu Junhao's answer was that there was nothing fun in Ningbo and it was just a tourist desert.
However, his friends did give him some suggestions. Gu Junhao wanted to try Liulin Wantu, Linxian Kuanfen, Chaobulan and Helengzi, all of which are delicacies from the surrounding areas of Yongning Prefecture.
At the same time, news about Gu Junhao's appointment as a public fund manager and his first research activity in his career also spread on the Internet.
It is impossible for a qualified fund manager to sit in the office and stare at the K-line all the time. Although Gu Junhao had outstanding performance before, he had never conducted research personally. This is also what everyone is most confused about.
This time, Gu Junhao finally chose to step out of the office and participate in offline research activities, and the first stop he chose was a liquor company far away in Shanxi Province.
If you really want to research the liquor industry and build a position in this sector, shouldn't the first stop be the industry leader Maotai Liquor? Even Wuliangye is more reasonable than Fenjiu.
After seeing that Gu Junhao decided to make the first stop at Fenjiu Group, the first reaction of industry insiders was: "Is this guy throwing smoke bombs again, just like when he bought new stocks before?"
At this point, no one would think that Gu Junhao’s holdings in the first quarter were his real investment target. It was clearly a smokescreen that could not be hidden from everyone.
As a die-hard fan of Gu Junhao, Li Ze was a little surprised when he saw the news about Gu Junhao's research: "Oh my god, Brother T actually came to Fen City, which is near my hometown."
"It's not far from your place, and you have a car, so you can try to meet him. Maybe you can get a chance to ask him for advice in person." Everyone in the group joked.
"I do want to, but I don't know if there is a chance. I heard that fund managers' research schedules are very full." Facing everyone's teasing, Li Ze said with some intention.
Su Mingyu's deeds are no longer a secret among Taoguba fans. They have met him offline and benefited a lot from him.
It is said that Brother T not only gave him the code at the time, but also taught him a lot of systematic knowledge about stock trading. Later, it was said that he used this knowledge to select Zhongguo CRRC and successfully escaped before the stock market crash in 2015.
Su Mingyu, whose personal net worth exceeds 10 million, is now well-known among Gu Junhao's entire fan circle, and occasionally appears on the Dragon and Tiger List from time to time.
Compared with some other rich second-generations, Su Mingyu's experience has significantly changed people's impression of rich second-generations. His background determines that his starting point must be much higher than that of ordinary people.
But stock trading is not just about having a rich family. Personal talent and hard work are very important. The profits that Su Mingyu earned from stock trading are quite convincing.
