Buying Makihara I sacrificed the margin of safety

In fact, on the whole, even if Muyuan does not expand in the past five years, according to the cycle center of 16 yuan/kg, when the grain price returns to the normal level, the total cost of Muyuan can reach 13.7/kg, and the five-year average annual profit of Muyuan is 12.88 billion yuan, which gives Muyuan a 20-fold growth rate. The conservative estimate of Muyuan is around 256 billion yuan, and there is still a 15%+ drop from now. My cost price of Muyuan is around 58. To be honest, I have already I don’t have any money to add anything. Since I took out the bank’s regular hundreds of thousands of dollars this year, I first bought the bond base, then I felt it was not right, I turned around and bought the stock, and now I have taken the whole position. Muyuan and Shengnong are the top two warehouses, Hengrui and Zhonggai are the second largest, and Jinlongyu and Zhongju High-tech only bought 10,000 or 20,000 yuan. If I still have money, I will continue to add more positions. Not only more peace of mind in the stock account, but also to prevent wire fraud

The cost of 58 Muyuan was about 300 billion yuan, which means that it is not only not cheap, but also 20% higher than the conservative value. Now it seems that the rush to buy it was purely because of expectations. This year, I was most impressed by Hengrui Medicine. I bought it at 44, and the cost of adding positions dropped to 37. I watched it drop to 27, but I didn’t panic. Then I returned to 42 and reduced a bit. At present, there is still a 50,000 There are many positions, but I just experienced this bungee jump, and I feel more indifferent. It’s too far. In short, the price of Muyuan is not cheap, and there is no guarantee that it will not fall again. I have already prepared the psychology that it will retreat to about 42. At that time, the account will definitely be a V-line again, holding Muyuan, I don’t expect it or not. Too high is good, otherwise it will be easy to cut off $ Muyuan Shares (SZ002714)$ $ Wen’s Shares (SZ300498)$ $ Zhengbang Technology (SZ002157)$ @snowball creator center @ todaytopic#todaytopic #

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