Investment value of Hong Kong stock property

Grandpa, the recent popularity of convertible bonds has become one of the hottest topics in the market. T+0 and the rule of unlimited fluctuation have attracted many investors. Do you know anything about convertible bonds? What I want to ask you is, what advantages and disadvantages do you think it has compared with stocks? Is there an operable path or how to choose convertible bonds?

There are many "speculators" or "gamblers" chasing up and down and making waves in the A-share market. They have always been an important force influencing the market. When the market as a whole is weak and depressed, this force will often be amplified into a hot spot for everyone and a weather vane for speculation, and then more people will enter the market. I once said that "the hype of GEM and the continuous injection of funds will not stop because of natural creatures". This is also the premise: 20% is more attractive to short-term speculators and gamblers.

This convertible bond is also completely this logic. Moreover, I expect that as long as the trading policy remains unchanged and T+0 remains, the speculation of convertible bonds will continue, and even create greater miracles, which is also absurd.

As for the operation path, my personal experience in this kind of gambling speculation is to quickly find out the speculation law of hot money and then have soup with it. For example, at present, the laws of convertible bonds include that the Shenzhen Stock Exchange is more popular, and the balance below1.500 million and sub-new shares are easier to be speculated, which is basically an intraday roller coaster. My method is to carefully study the benchmark after the law of hot money is obvious, choose to buy multiple targets within the law, then set the expected value, and leave immediately after earning. In other words, leave while the big money is still making progress. Don't expect to sell to the top. When the style changes, leave yourself behind.

There is a saying in the market that you should never expect to beat the market. All short-term hype should bear this in mind. I understand this as following the crowd, and the risks and opportunities of short-term speculation are in places where funds are boiling, not so-called truly valuable places. If you can't go where money is boiling, even in a factory, you are actually an outsider.

In short-term hype, conformity is the most important secret of success, and of course it is also a lesson of failure. In fact, long-term investment is also a matter of following the trend of the industry and the tide of politics and economy. Therefore, if you participate in short-term speculation, don't expect yourself to be smart enough to be unique and find a good target. Don't be insatiable and expect yourself to earn the highest in this wave of market. Among them, the most important thing is to overcome greed and fear. For example, my method is to buy after careful consideration. After buying, I will buy an order with an increase of 5% or 10% or 20%, regardless of the market. Win or lose to fate.

Last but not least, you must be prepared to lose 50% or more in a blink of an eye before you can enter this convertible bond hunting ground where one second is heaven and the next is hell. Otherwise, advise everyone to stay away.

Grandpa Cai: As long as the industry continues to be optimistic, the company's performance continues to grow, and the company's boss and team are working hard, nothing will affect its growth. You can wait to get it if you have no money. But it should be noted that I have never owned a company for such a long time.

You said you could observe a good company from your life. In fact, the recent changes in the living environment, the increasingly clean urban roads, and the requirements for garbage sorting have left a deep impression on me. Do you think urban sanitation is a good track? What is your analysis of this industry?

Grandpa Cai: This is a large-scale market. It should be a good track with good growth potential and space. There is a company in the market called Yuhetian (3008 15) doing this business, and its performance has also increased well. But this does not mean that the enterprises in this track must be worth investing. Personal feeling is now an era of differentiation, an era of individuals. The key is to look at the enterprise. See if the enterprise has a unique technology and model, which is the so-called moat. If this commercial enterprise can't set its own threshold, it will be more difficult. If it is only labor services and projects, there are many people who can do it, and it is difficult to have a big company.

If the performance report of a company like Yuhetian is true, I think it's time to invest in the layout. This year, the property companies of Hong Kong stocks performed very well, and we also talked about this issue last time. Yuhetian may regard it as a property company, but the owners it serves are the urban people and the government. But the premise is that the performance report is true. Personally, I'm actually interested in this company, but I just have a brief look. You can get to know it.

Personally, I think it's time to buy some environmental protection stocks with technical or other barriers.

Let me share a recently explored investment method. I won't disclose the stock. I just want to find a stock with a big plate, low stock price and minimal fluctuation. If I buy at 1 yuan, I will sell at 1.0 1 Although I earned 1 minute at a time, I worked for more than three months, and the weekly rate of return was. Want to know what grandpa thinks, is it sustainable in the current market?

Grandpa Cai: I have never tried. It looks awesome, but if it's that simple, and now the technology is so developed, has it been studied long ago and arbitrage continues? But since you have succeeded in the experiment, it is meaningful to exist. Congratulations. Congratulations.

The content of this article concerning listed companies is the author's personal analysis and judgment based on the information publicly disclosed by listed companies according to legal obligations (including but not limited to temporary announcements, periodic reports, official interactive platforms, etc.). ); The information or opinions in this article do not constitute any investment or other business advice, and market value observation is not responsible for any actions arising from the adoption of this article.