Private equity explains the continuing boom in business

Summary: The yesterday, Beijing, the U.S. commercial announcement said the company held a general meeting to the Hong Kong motherboard listing. Some agencies say that moving to the motherboard will potentially increase investor participation, but this is obviously not as good as the Zhao to eat a dose of dose, last week, after Zhao to Buffett's luncheon to recommend the unit, the stock jumped for four consecutive days. Nanshan/CFP for the yesterday, Beijing, the U.S. commercial announcement said, the company held a general meeting to the Hong Kong motherboard listing.　　Some agencies say that moving to the motherboard will potentially increase investor participation, but this is obviously not as good as the Zhao to eat a dose of dose, last week, after Zhao to Buffett's luncheon to recommend the unit, the stock jumped for four consecutive days. "The recommendation to Buffett is a good concept for the stock. Whether he buys it or not, the recommendation is for Baxter, and the stock is sure to rise. Yesterday afternoon, a Shenzhen private equity said.　　In the industry, the beauty of business in the supermarket is a good company, but is absolutely not enough to support the recent boom, the company in the past few years by low-cost expansion of the era of profiteering ended, then return to a normal profit, the stock price will return to the company's fundamentals.　　Rotary plate stimulation than "Zhao Danyang" dose The Yesterday, Beijing, the U.S. commercial announcement said, the company held a general meeting to the Hong Kong motherboard listing. On the news of Beijing's commercial-American business, Merrill Lynch said the company also considered going to the motherboard listing, which could potentially increase investor participation and increase liquidity.　　However, the stimulation of the message is obviously not as Zhao to the stock to eat a dose of dose. June 24, the attention of the Buffett afternoon gathering dinner. After the dinner, Zhao said he had recommended the business of the United States Buffett, Buffett said he went back to see.　　Directly to Buffett recommend stocks, can be said to be in the history of this dinner unprecedented, resulting in a huge news effect, is equal to Zhao Danyang to the world recommended the business of the United States. Yesterday, Hong Kong stock market closed due to the holiday, as the day before yesterday, the shares of the 9.66 Hong Kong dollar, fell, but the previous 4 trading days the stock soared. This down, a short 5 trading day Rose 17.5%, so that Zhao in the business of the U.S. investment on the ruthless make a fortune. According to Zhao Danyang at the end of the first quarter of 65.9505 million shares in the U.S. business, less than a week has made a big profit of HK $94.97 million.　　The figure is nearly 6 times times the lunch price of $2.11 million trillion (about HK $16.35 million). "The transfer board was started in 2005, but it was not formally applied until May," he said. "Yesterday afternoon, Hong Kong's securities strategy researcher, a thunderstorm told reporters that the stock has recently been caused by wild speculation." "The recent surge in the company's stock is mainly speculation factors, the recent increase in funds mainly because of speculation factors, the fundamentals can not maintain so much." The combined industry analysts offered no more than HK $9.8, but last week's share price was over HK $10.　　said the thunderstorm. "The recommendation to Buffett is a good concept for the stock. Whether he buys it or not, the recommendation is for Baxter, and the stock is sure to rise. "Shenzhen Bai Fang Property Management LimitedCompany director, investment Director, fund manager Cheiliu said.　　Cheiliu said, Zhao Danyang himself bought, buy more, and recommended to Buffett, recommended to the general media may not have credibility, but recommended to Buffett has a certain credibility, recently a lot of money into and Zhao Danyang to the stock recommended to Buffett. Zhao Danyang's referral prompted more funds to enter the unit.　　According to the stock exchange of Hong Kong, the United States Capital Group on June 26, to 9.536 Hong Kong dollars per share of the average price, increased the 1.005 million shares in the United States of commerce, the capital of 958 Hong Kong million, increase the proportion of its shareholding from 5.97% to 6.17%.　　Private-equity-like beauty fundamentals support in Hong Kong listed retail industry companies a lot, why Zhao on the business of the United States have a unique thing? Data show that the United States mainly in Beijing, Tianjin, Zhejiang management of large-scale supermarkets and convenience supermarkets, is currently in Beijing and even the entire region of North China leader. In the retail market in Beijing, the United States accounted for 25% of the market share.　　By the end of March this year, the United States a total of 417 retail network, including 104 large supermarkets, 313 convenience supermarkets, the total sales area of 464780 square meters. Thunderstorm that, with Hualian, Wal-Mart are all large shopping malls are difficult to pull down the cost of expansion is different, the advantage of beauty business is that in addition to shopping malls with small retail outlets, retail outlets to resist the economic cycle is very high. "The company's management is also good, the first quarter also increased the management of the inventory system." Thunderstorm said, from the profitability analysis, "the first quarter of the company's net profit is 4.2%, which is relatively high in the supermarket profits, the general Hong Kong supermarkets in the net profit of 1% to 2%, like Wal-Mart is more than 3%."　　Thunderstorm told reporters that from the current situation, the first quarter of the company still has several new stores opened, the overall performance growth is still quite impressive. "Zhao Danyang optimistic about business nature has his truth." "Citic Investment retail analyst Chen Lehua told reporters that in addition to business, the mainland does have Beijing and Shanghai Lianhua are listed in Hong Kong." Compared to Beijing Jing-long, the beauty of the commercial region of the United States, in Beijing, the retail market, the United States accounted for 25% of the market share. 08 again in Zhejiang open up the market, now become the entire North China regional leader. At the same time, the business of the United States is highly valued backstage construction, in north China, Zhejiang has a logistics distribution center.　　At home, there are logistics distribution center of the enterprise profitability is often better than no, backstage construction is one of their core competitiveness. "and Shanghai Lianhua, although the scale is very large, in the domestic supermarket ranked first, but the state-owned enterprise system determines its management and incentive mechanism to catch up with the U.S. business."　　Chen Lehua said. Moreover, the analysis from the investor structure is mainly held by some funds. "Similar to such a gem small stock, the concern is not much, but the U.S. business has always been a fund concern, many funds to buy, the company a few years ago, the dividend is better, there are 40%, which has a great appeal to the fund."　　said the thunderstorm.　The era of low cost expansion or the end of the announcement　The unit fell 5.11% to 9.66 yuan on 30th last month, trading 3.32 million shares. "This is or has been announced this round of speculation, after all, long-term stock price support depends on the company's fundamentals."　　"Yesterday afternoon, a private-equity person said. "With the depth of expansion, the low-cost expansion of business in the United States is also basically the end of the time." Thunderstorm told reporters, "There are 50% to 60% of the growth, low cost, now not so low cost to host those stores, now must be depreciated what all of the total, pull the space is very limited cost." "For example, if you want to buy a building, you have to put the depreciation of a building into the cost," said the thunderstorm.　　"In this way, the company had to return to normal profitability from the era of super profiteering." "Then the price of the company's shares will return to fundamentals, prices will be more stable, profiteering opportunities are difficult to reproduce." said the thunderstorm.