My Age of Investment

When all the work such as personnel recruitment, training, grouping, and office relocation were properly arranged, Xia Jingxing was ready to return to China.

It has been almost a year since I went abroad, no matter how busy I am, it is indeed time to go home.

Before leaving, he called Andrew and Principal John, briefly talked about going home, and entrusted the two of them to take care of the company. The two of them naturally agreed readily.

Then, he called Yang Niu and the puppy, and after explaining the work, he talked about the NetEase stock.

"Can you finally sell it?"

After hearing the exact news from Xia Jingxing, the dog was overjoyed and said, "I wanted to sell it for a long time. Seeing that the stock price is rising day by day, I am afraid of a sudden plunge!"

Yang Niu glanced at him and joked, "If you had sold it earlier, would you have made so much money now?"

The puppy laughed dryly, "Isn't this the boss to guide me in the direction of my life?"

Xia Jingxing smiled, turned on the computer, and checked NetEase's stock price.

$36.8/share.

He has a total of 84,000 shares in his hands, with a total market value of $3,091,200.

After deducting 85,000 US dollars of leveraged loans and interest, as well as 5,000 US dollars borrowed from Yang Niu and Xiaodog, the floating profit is nearly 3 million US dollars.

He divided into multiple batches and invested a total of 60,000 US dollars in principal.

I sold it once in the middle, and paid more than $6,000 for the patent application and Andrew's attorney fees.

Including the $5,000 loan from Yang Niu and Puppy, the actual invested principal is almost $60,000.

60,000 to 3 million, almost 50 times the profit!

If you don't use leverage, you can only earn twenty times more.

In fact, selling NetEase stock now is far from reaching the high point of the stock price in the past one or two years.

Xia Jingxing clearly remembered that NetEase's stock price exceeded $72 in October in the second half of this year.

In other words, if you wait three or four months, you can still earn twice as much!

Xia Jingxing did not rush to place a sell order for the stock, but searched and found another stock.

The stock code is UHAL, and the Chinese name is "Aimico".

Xia Jingxing turned his head and said to the two: "I want to buy this stock next, do you want to buy some?

NetEase was previously undervalued because of financial fraud and then caught up with the Internet bubble.

With the great success of the company's game business and SP business, NetEase has begun to make a profit, and the financial report is getting better and better.

Next, there may be a certain increase, and the stock price may rise to sixty or seventy dollars. "

"Since the stock price has room to rise, why are you selling it?"

Yang Niu looked at Xia Jingxing in confusion, she could clearly see how much money was in the latter's stock account.

If the stock price doubles again, it can make another three million dollars.

So much money to give up?

Xia Jingxing didn't expect Yang Niu to ask such a question, and explained with a smile: "I'm just guessing the trend of NetEase's stock price. It is very likely that the stock price will maintain a steady upward trend in the future, or even drop slightly.

But in the long run, it is calculated in a period of five or ten years.

As a budding game company in China, NetEase is likely to enjoy the dividends from the outbreak of China's Internet industry.

In the long run, this company is very suitable for value investing. "

Yang Niu couldn't understand more and more, and frowned: "You don't like doing value investing?"

Xia Jingxing slapped his forehead, and the more he smeared it, the darker he smeared, and he simply answered neatly: "Yes, I prefer to look for a company like NetEase a year ago that fell into a trough and was seriously undervalued.

Because investing in this kind of company makes more money. "

"At the same time, the risk will be greater!"

Yang Niu added.

"right,

You are right, it is true, risk and return have always been inversely proportional. "

Yang Niu pointed to the computer, "What kind of company is this Aimi?"

Xia Jingxing looked at the curious eyes of the two and simply introduced them again.

Aimei is a company specializing in trailer rental in the United States, with branches all over the United States and even Canada, occupying a considerable market share.

Around 2000, in order to further expand the company's scale, the company borrowed at all costs to diversify, set up insurance subsidiaries, and make high-risk investments.

As a result, the insurance subsidiary brought Aimeike losses of more than $100 million a year.

In addition, it has been in financial crisis due to excessive expansion and a sharp rise in debt.

In June of this year, that is, this month, Aimeike entered bankruptcy protection.

The huge risk caused the company's stock price to fall from tens of dollars to below $4 at one point, and many people were afraid to avoid it.

After listening to it, Yang Niu and Xiao Dog understood that it was very similar to NetEase last year.

Yang Niu came to Xia Jingxing's side and looked at the stock price trend close to the computer screen.

Xia Jingxing pointed to the stock price chart and introduced to her: "Aimico's stock price was over $9 last month, and after entering bankruptcy protection, the stock price fell directly to just over $3.

We have very little time to think about it, as its net worth per share is over $50.

Once the financial situation improves a little, the stock price may skyrocket at any time! "

Yang Niu frowned, "Have their financial statements been audited? Is there any fraud?"

Xia Jingxing glanced at Yang Niu, yes, she is good at looking at problems.

Xia Jingxing put on a pretense, "I, a rich Chinese friend, also discovered this stock, but he has the same concerns as you.

So in order to avoid misjudgment, he hired accountants and lawyers to investigate the company's asset status, bankruptcy protection status, and analyze Amico's reports.

In addition, he himself went to Amic's store to inquire about and experience the company's business and services.

Through a series of investigations, my friend found that Amico's core business is operating well, with outstanding competitive advantages, stable sales revenue and abundant cash flow.

As long as the company can survive, exit high-risk investments, and sell some commercial real estate, its financial situation will improve immediately.

Once the bankruptcy protection is lifted, the stock price is bound to rise to where he should have been. "

Xia Jingxing's friend is Duan Feite, and his vision for investing is extremely accurate.

After tasting the sweetness of NetEase, I came to Aimeike to test the investment strategy, and the result was a great success again.

"That's fine, I'll buy with you."

Yang Niu nodded. If she has done a detailed and thorough investigation and there is no financial fraud, she can still invest a sum of money.

She followed Xia Jingxing and also tasted a lot of investment sweetness.

She didn't invest much, only invested $2,000 in NetEase stocks with an average price of about $3.

Since holding it, it has earned about 12 times and a profit of more than 20,000 US dollars.

The puppy earns more than her, investing $5,000, not including the principal, and earning more than $50,000.

In fact, both of them can earn more.

When the stock price fell below US$1.8 and Xia Jingxing almost broke his position, Yang Niu and Xiao Dog lent Xia Jingxing US$2,000 and US$3,000 respectively.

This money was originally used by them to increase their positions, but they finally lent it to Xia Jingxing, who was more urgently needed at the time.

Xia Jingxing always remembered this love, so he decided to take them to make some more money.

The babes finished speaking, it was the puppy's turn.

The puppy raised his head, "Do I still need to ask here? Save $10,000 for consumption, and buy the other $50,000."

Xia Jingxing placed a sell order for all 84,000 shares, and there was no one left, and he was ready to liquidate all of them.

Puppies and babes also follow suit, and all are cleared.