It’s a happy weekend again, but for investors, I’m afraid they won’t even have the intention to review the market. Because the most popular sector in the market - brokerage stock suffered a heavy blow, among which Oriental Fortune , which is known as "Qianmao", fell by 10.78%, and the total market value of the stock evaporated by 31.846 billion yuan in one day.
Regarding the situation where Oriental Wealth has experienced a sharp decline, it has aroused heated discussion among investors. On the Internet, a stock investor wrote: "The sharp drop in volume means that some institutions are buying, and retail investors cannot accept such a large trading volume. There are differences here, which is also an opportunity."
Some investors said: "The last time I turned off the lights and ate noodles, I still remember it clearly. This time I came again, and both times I was full of my position."
The last time this investor mentioned should have been the "lover robbery" of Oriental Fortune. It may also be after this that investors added a nickname to securities stocks - scumbags. On February 14, Oriental Wealth fell by 13.42%. It was not until a month later that Oriental Fortune's stock price stopped falling and stabilized at 18.78 yuan, followed by a rebound of up to 41.64%.
In fact, many investors are puzzled by such a nonsensical setback in securities stocks. Because it is recommended that securities funds reduce service fees, it seems negative in the short term, but in the medium and long term, it is undoubtedly positive! If securities funds charge less, will there be more investors and investors participating in the transaction? As the customer base expands, the liquidity in the market will be sufficient. If you release some water in the future, the entire market will be alive. Therefore, is this decline a bit deliberate?
After all, at the time of the decline in the first quarter of this year, there is a news that the financial stability guarantee fund will complete its fundraising by the end of September. Then the corresponding time window is now. You can't expect this fund to enter the market at a high level, right?
In terms of fundamentals, Oriental Fortune achieved a total operating income of 6.308 billion yuan in the first half of this year, a year-on-year increase of 9.13%; net profit attributable to shareholders was 4.444 billion yuan, a year-on-year increase of 19.23%. Oriental Fortune is one of the few brokerage stocks with year-on-year growth in net profit.
Many people thought it was time for their valuation and logic to double-kill when they fell sharply in February. However, after the first quarter and interim reports of Oriental Fortune were disclosed, its business development was not greatly affected. It still performed very stably, unlike other brokerage stocks. This may also be one of the reasons why Oriental Fortune's stock price has always been stronger than other brokerage stocks, right?
In fact, performance is king, and this truth has always existed in our stock market. Look at those ten times stocks that used to be. Without the support of performance, it is impossible for them to achieve such a feat. Although there are , which has huge increases from time to time, and it even rises by 3 or 4 times in the short term, can you grasp it? Compared to long-term holding, slowly enjoying compound interest snowballing and short-term game excess returns, this is almost impossible to accomplish.
has 10 consecutive daily limit changes. You want to put your pockets in every time-sharing trend in the middle, so you can get at most 2 or 3 daily limit profits.
However, although stocks with long-lasting performance cannot soar in a short period of time, once their timeline is lengthened, a scene of long waves of thick snow will appear in front of us.
God will always punish those who demand immediate rewards and reward those who delay enjoyment!
Risk warning: The views in the article are for communication only and do not constitute your investment advice. Investment is risky, so be cautious when entering the market!
