Probably private cash gem

Waiting for cheap and potential companies appear business News (reporter Triping) gem listing will undoubtedly bring a bright light to the autumn stock market. But in the lively behind, at a price of dozens of yuan inquiry interval does not let insiders find inexpensive stocks.　　For this reason, has always been known as the adventurous interest of private equity funds are still on the sidelines, including nearly some private equity people think, will not rashly invest in the gem. As of yesterday, the first batch of 10 companies to determine the inquiry range, the agency to give these growth companies a higher valuation, the P/E ratio between 25-50 times, no company's inquiry range is below 10 yuan. Such a high valuation discourages private equity. According to the findings of the private-placement network, 17.15% of the 35 top private-equity firms in the country would participate, and 5.71% said they would not participate; 77.14% said it depends.　　As for the investment strategy of the gem, 8.57% of the companies said they wanted only short-term participation, 28.57% said they would take a wave of hype; 57.15% said they wanted to see the situation; only 5.71% of the companies adhered to the long-term investment strategy. "We will not be interested in the gem in the short term, but in the medium term it will certainly be involved." Wu Guoping, a private equity manager, said. The reason why there is such a judgment, Wu Guoping that the gem in the short term may be very large, in the gem problem, many people are in the pursuit of profiteering. "Before the IPO, when the company goes on the market, a lot of the money will grow more than 10 times times, and then go back."　　"Wu Guoping said. For the local Nasdaq, many private equity firms are paying more attention to the performance of these companies in the two tier market. "Many companies are not visible at the start of the listing, but they can grow into a good company like Microsoft and Intel in the medium to long term." We have to wait for such a company to appear.　　Wu Guoping said. Other private equity people think that the current gem of these enterprises are relatively good fundamentals, but this does not mean that the company will become a money-making machine. "The fundamentals are good and the imagination of the company to leave the market in the future will be limited." And relatively good fundamentals can make stocks very expensive, and in our view, cheap and potential companies have not yet emerged. "A private-equity person in Shenzhen said.　　He also said that the current meeting of the number of gem companies is only 20, if you want to build a truly research value, and investors can filter the stock market, at least 100 companies need to participate. "We're not going to sit around and miss the opportunity. "On the question of when to take part in the gem," said another fund source. He stressed that if a stock is listed on the first day of stock prices rose lower than expected, private equity funds will consider to enter, but they absolutely give up the first day of the stock. "In the long term, the foundation has invested considerable effort in polishing our own ' Nasdaq '," he said.　　"The person said. Pioneering board the first batch of Enterprise Inquiry without window guidance Gem 10 company preliminary inquiry yesterday end issue price bias ceiling