My Fintech Empire

What I have to say is that the agricultural product supermarket’s business philosophy of exchanging sincerity for sincerity is in an environment where trust between people is getting lower and lower, and in various atmospheres where you fool me and I fool you, At this time, in the situation where bad money drives out good money, agricultural product supermarkets seem both out of place and valuable.

It is precisely because of this that agricultural products dealers are like a ray of light, and millions of consumers want to protect it. What they protect is actually a pure land in their hearts where people can trust each other, even if they cannot reverse the situation. Leading a new trend, I also sincerely hope that it will not be infected by this troubled world.

What Fang Hong has not revealed to outsiders is that he has complicated feelings about the success of agricultural products supermarkets, because strictly speaking, this company does not have a so-called industry moat, let alone any core technology. What technology can it have to sell vegetables? Barriers Industry Barriers?

Agricultural products supermarkets actually rely on a simple honest management line. This should be the basic moral cultivation, but it is said to be the winning method for agricultural products supermarkets to succeed. In a narrow sense, this is a rare and valuable thing for agricultural products merchants and supermarkets. In a broad sense, it is This is not a kind of sadness, so Fang Hong has mixed emotions when facing the success of agricultural products supermarket.

At this moment, what Fang Hong said in the live broadcast inspired everyone. It was K God, the founder of the agricultural products supermarket, who gave him such a business philosophy. At least K God is here, then Don’t worry that agricultural producers will change their original intentions in the future.

In fact, the investors of Big A are not like this...

Many stock investors were deeply hurt by Big A and hated him so much that some stock investors were so angry that they were so angry with the stock market that they even hated the house.

If it weren't for K-God, if it weren't for the emergence of the SGX, there would probably be more and more people like this.

Fortunately, there are people like K God in this era, and today’s story also has a SGX. Isn’t this what investors want to protect and the ray of light they are looking forward to...

But at this moment, Fang Hong looked at the barrage in the live broadcast room and saw a barrage floating by and read it again: "Does Agricultural Products Supermarket want to go public?"

Fang Hong answered this barrage directly and affirmatively: "It's going to be listed. And if everything goes well, it should be listed this year. We are already preparing to register for listing and log on to the SGX. The prospectus should also be released, but the company The P/E ratio will not be too high, with a P/E ratio of about 17 times at most, and the IPO valuation should be in the range of 450 billion to 500 billion."

Many people in the capital circle who were watching in the live broadcast room were quite suspicious. Fang Hong said this openly. After a while, he spoke freely in the live broadcast room: "Retail investors don't have much funds, and it is not recommended to invest with small funds." This company, its value growth is quite limited. Unlike technology growth companies, it cannot offer a high price-to-earnings ratio, and its profit margin is not high. It is estimated that it will stabilize in two or three years, and it is impossible to maintain double digits. As profits grow, dividends will be the main focus at that time.”

"Generally speaking, when a company starts to pay dividends, it is actually telling the market that its future development space and upper limit are almost here. From now on, it will hold on to its one-third of an acre and earn stable profits, and will not engage in any further expansion. It’s hard to have new growth points, and you just divide the money you make.”

"Agricultural Products Supermarket is a typical traditional enterprise. Its stock price is unlikely to be as high as that of technology companies, especially technology growth companies. It has the potential to rise ten times or even dozens of times. Therefore, this company is not suitable for small funds to intervene. If you use a small amount of money to buy its stock, it will not rise a few points in a year, and if you pay dividends, the proportion of your capital will be less than a few cents."

"But it is very suitable for the intervention of large amounts of remote funds, that is, the remote period of five or ten years, which is mainly the funds needed for hedging and preservation. Such funds are very suitable for intervention. The return on investment of this stock is not high. But its risk is low, and although the overall return is not very outstanding, it is certainly much higher than the return on government bonds. The dividends will be stable in the future, so it is very suitable for this kind of remote large-scale capital intervention."

There are also many investment institutions in the live broadcast room. They attach great importance to Fang Hong’s advice. This is the investment advice from K God. It is absolutely leveraged in terms of weight and gold content. No one in this world can afford K God to invest. Consultant.

When he said this, those large-volume remote investment funds will definitely include agricultural product supermarkets in their strategic targets. To put it bluntly, agricultural product supermarkets are typical weighted blue-chip stocks. The so-called large-volume remote funds such as social security funds, Insurance funds are very suitable for intervention.

In fact, there is no need for retail companies such as agricultural products supermarkets to be listed. The reason why Fang Hong still wants to list the company is for the SGX and independent valuation system strategies.

Some activist organizations have already begun preparations. Since Fang Hong said in the live broadcast room that agricultural products companies should surpass the SGX, they will definitely not be able to escape. According to its issuance valuation of 500 billion, the IPO will raise funds. It will probably be at the same level as the previous Jingdong, and may raise around 30 billion yuan.

In the next few years, the layout of agricultural product supermarkets will be completed and the market will sink further. In the future, there is a high probability that the number of agricultural products supermarkets will increase to 800 to 1,000 nationwide. After stabilizing, even if the net profit margin is 3%, the annual absolute net profit will be There will also be a scale close to 70 billion to 90 billion. Even if the price-earnings ratio is about 15 times, the future market value is expected to exceed 1 trillion to 1.35 trillion.

Calculated based on conservative data and expected net profit of 70 billion, it may be possible to pay stable dividends of 50 billion every year in the future. For large amounts of remote funds with low risk preferences and a focus on stability, this kind of low-risk and stable dividend-paying high-quality enterprise is indeed Very attractive.

As the chatter in the live broadcast room reached the capital market, some viewers and netizens also posted comments asking for the password to wealth, and asked what good investment targets they could get involved in.

When Fang Hong saw these barrage, he calmly replied: "Don't ask, just ask for a fixed investment of 50 in the new certificate."

This is the standard answer when answering questions similar to investment advice in the future.

After a while, a barrage was noticed by Fang Hong and read out in the live broadcast room: "Agricultural product dealers are very popular. Everyone comes here to buy food. What about the street vendors? Agricultural product dealers have squeezed this The living space for vulnerable groups, how will they survive in the future?”

Fang Hong read it again and said with a smile: "This barrage is very good. Most people may not know it, so it is just right to talk about it. Take Xincheng as an example. There are now food stalls on the streets of Xincheng. There are basically no hawkers left. Some people may be curious about where they went? Are they still selling vegetables? How can they make a living without buying vegetables?"

“The answer is that they are still selling vegetables, but they are not selling directly to consumers, but to agricultural product supermarkets. Some of the eggs, fruits, vegetables and so on displayed on the shelves are supplied by these street vendors. "

"Every agricultural product supermarket has a special purchasing group. This group is responsible for connecting with this group. The agricultural product supermarket purchases the products and uses its own expertise to process the products before pushing them to consumers."

When talking about this, Fang Hong came to a shelf with eggs. The director also gave the camera a close-up of the eggs. Fang Hong picked up a small egg and said to the camera: "The eggs here, I bought it from a hawker, and they have decent local eggs, as well as some local dishes, which are also marked on the shelves.”

Fang Hong put the eggs back, looked at the camera with a smile and said: "I talked to the front-line shopping guide in this store, and she told me that these local dishes, local eggs, poultry and the like are the best-selling ones. "Customers who want to buy something should come early because they will be sold out quickly."

This is indeed true, because many people think that local dishes, local eggs, etc. are grown and raised by the grandparents themselves, which is more organic, more environmentally friendly, and healthier.

Consumers have now established a super trusting relationship with agricultural product supermarkets. The products placed on the shelves have been carefully selected and selected by agricultural product supermarkets, which is equivalent to professional endorsement, so they are very popular.

...(End of chapter)