The Era of Investing in Excellent Central Enterprises

Sinopec’s net profit last year was about 70 billion,

The tax paid to the state is about 280 billion,

Nearly half of the oil price of more than 8 yuan is the tax paid to the state.

Do everything possible to import natural gas, and then guarantee the use of ordinary people at half price,

Hundreds of thousands of retired employees are responsible for themselves and do not burden the society.

There are also people who drive gasoline cars who prefer Sinopec and PetroChina to refuel.

I will not worry about the quality of oil products, nor will I worry about being short or short.

This is the responsibility of central state-owned enterprises.

Even unscrupulous reporters know that the success rate of blackmailing Sinopec is higher.

Because Sinopec cherishes feathers and wants face,

And unscrupulous oil companies that are mercenary are not only shameless, they may also kill you.

Of course, China Shenhua and China Coal Energy are doing better.

The long-term agreement price is 7,811 tons to ensure social power generation and heating,

The price of imported coal is 16,711 tons, and the direct profit is about 1,000!

There is also China Mobile and China Telecom, no matter how sparsely populated it is, it still guarantees a signal. No matter how sparsely populated there are in China, there are only dozens of people in remote mountain villages, and the roads are connected to every village. China’s railway green cars have been operating at a loss for decades.

Huaneng International and other thermal power companies simply operate at a loss and do not raise electricity prices for residents. It has been around 50 cents per kilowatt-hour for decades.

The electricity price in Germany, Britain, France, Italy, Japan and South Korea is about 3 yuan?

Enterprises in these countries will raise prices if they can, and close down if they can’t bear the losses.

There are also top ten companies in the world, with a revenue of nearly 3 trillion yuan, a net profit of 60 to 70 billion yuan, and the annual salary of the chairman and general manager of Sinopec, which guarantees supply to the whole country.

All repurchased shares were cancelled to improve the rights and interests of all shareholders.

Private companies, such as the Tower Group, have an annual profit of more than 100 million yuan, and this year may only be 300 million to 500 million yuan. The annual salary of the chairman and general manager is 6 million yuan.

Buybacks at half price incentivize executives and middle management.

Therefore, central state-owned enterprises must have responsibility. This responsibility is called the people’s, social and political nature of central and state-owned enterprises.

That is, the interests of the people come first and the interests of the country come first.

Investing in central state-owned enterprises is ignorant if they do not understand this.

In the past, I was very ignorant. For example, I didn’t understand the regulation of electricity and coal prices.

So I sold China Shenhua and China Coal Energy, and I felt that I lost tens of billions of dollars. When I think about it, it hurts me.

Therefore, without the overall situation of the country and selfish people, it is difficult to make big money in A shares.

Today, I will focus on China Merchants Bank. If it falls sharply, it will be a good buy, because buying around 30 yuan is nearly half cheaper than buying at 58.9 yuan.

But where is the lowest point, I don’t know,

Using my dividend rate valuation, China Merchants Bank’s dividend rate of 30 yuan is already about 5%. If I want to invest in bank stocks, I will consider starting to buy.

Another thing to watch today is Haitian Flavor Industry. Even if the three limit drops, I still don’t catch a cold. The dividend yield is too low around 1%? There is neither Chishui River nor any high-tech threshold…

Another highlight today is Kweichow Moutai. Although this threshold is insurmountable by the monopoly of Chishui River, the dividend rate is too low, less than 2%…

And Sinopec’s dividend yield this year may be around 12%,

PetroChina H and CNOOC H may be better,

At least today PetroChina A and CNOOC A will perform better than Sinopec A,

If A-shares do not fall below 3000 points today or even close in the red,

I feel that there is at least one premise, that is, Sinopec, PetroChina and CNOOC are in the red.

Just wait and see, there is still an hour and a half to open, how can I feel a little nervous and excited,

I haven’t seen the world, I’m almost sixty years old, I’m not stable at all, and my mentality is still the same as the little girl’s first blind date.

The next three to five years will be an era of investing in outstanding central and state-owned enterprises.

Stock selection criteria: high interest rate, undervalued, low debt, big bottom, stable operation, stable dividend, leader, good industry prospects…

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