China's first funeral stock "Chinese life" five days rose five times times behind the industry's profiteering legend the only in the Maori and real estate comparable to even beat the real estate industry, is it the reporter Gao earthquake? Good。 War? Good。 Flood? Good。 It's safe. Good。 Yo, what is this stock? How can you be so divine? Special unpopular industry, special profiteering industry. Lynch, the US securities superstar, has invested in such a group of companies--sci, and the shares have risen more than 20 times before they are thrown away. What is this strange new industry? Funeral Parlour chain Enterprise. September September, its own "modern pictorial" and many other well-known magazines, the modern communication group listed, but the Thunder is fully listed on the same day Taiwan first funeral industry shares of Chinese Life (08296.HK) to cover without a trace. Since 2004, the funeral industry has been among the ten most lucrative industries in China for five consecutive years, and the top three. Isn't it? The only thing that can compete with real estate in the margins and even beat the real estate industry is it. No wonder some people say that the funeral industry is also a branch of real estate, called "Paradise Real Estate." Since September 9, with a price of 0.72 yuan listing, China's life has been a hurricane. Up to HK $2.41, of which three trading days rose by more than 40% to 14th. September 15, China's life on the fifth day of the listing, the stock price of 4.24 Hong Kong dollar, the cumulative increase of 488%. The 16 fell back in September and received HK $3.1 on the same day. Affected by its impact, and the funeral business with a point of the Hong Kong stock rally is also very fierce, diligence, the United States and the national park, such as the rally is amazing. According to relevant data, from September 9 to 14th, the deal has been a downturn in Hong Kong gem ushered in a deal "small spring", the 14th turnover has hit a new high since November 2007. Among them, the Chinese life exclusive contribution Geochen. Although it is called "Chinese Life", the company is engaged in the funeral business. The prospectus shows that "the company mainly provides funeral services to the general public in Taiwan and the mainland". The company has operated 3 funeral parlours in Chongqing, Chengdu and China, and has signed a management letter of intent with 5 funeral parlours in the first half, which will be used for the development of the related business in the Taiwan Province of HK $108 million. The company was concerned that ordinary investors were mistaken about the funeral industry, so it was all in the form of placing it in institutions. However, after the stock market, the retail investors have been enthusiastically sought after, resulting in short-term bad speculation. The main shareholder of the company is chairman of the Board of Directors, Chinese Taiwan Province People Liu Wealth, previously in Taiwan Province of China operating funeral services. He said the company is "innovative" to see. To meet the different needs of customers, the company provides more than 380 innovative value-added services and products, because the value of value-added services is less affected by the law or government pricing policy, the gross profit margin between 63% to 95%. In Chongqing, for example, customers spent an average of about 13,000 yuan in the first 4 months of the year, up about 14.3% per cent from last year. FuneralBurial industry gross Profit margin is high, but compared with other industries, because the transparency is not high, so it seems very mysterious. Whether it is a joke, or formal economic cycle analysis, funeral parlour business is always considered to be the most stable industry, not only Hanlaobaoshou, earthquakes, war and so on it is positive, in the portfolio even have the role of hedging risk. There are statistics that 2008 China's funeral industry gross margin of up to 70.6%, the first 4 months of this year, the overall gross margin rose to 77.2%, net profit rate reached 32.6%. Liu Investment preferred Chongqing, Sichuan. He explained that the 2007 company survey, Chongqing, the elderly population of Austria nearly 11%, the 2007 death of about 180,000 people, Sichuan 2007 death of 510,000 people, indicating that the industry in these two areas more room for development. China's life is still in the investment period, 2008 profit is only millions of yuan, the Underwriters East UK Asia Company Research report predicts that China's life this year, the net profit of at least more than 20 million yuan. Liu that the company's current capital is small, the financing is not enough, the future will also introduce strategic investors. "Each time the financing, will go to open a new funeral museum chain, like a supermarket chain." He said the company's business focus is on the mainland and will not expand beyond the Greater China region. Liu also said that his biggest wish is to "consumers" walk well ...
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