再创造一只湘火炬暴涨的神话
----进入个股时代后的二级市场投资新理念
一个优秀经营的上市公司,其总资产收益率应该大于10%;
一个经营正常的上市公司,总资产的负债率不能超过70%;
一个经营优秀的上市公司,其净资产收益率应保持在每年20%以上!
上市公司盈利能力的关键是,公司最高决策人(CEO)的经营管理水平及决策实力。
随着证监会稽查二局的成立,主力通过炒作股价而盈利的机会越来越小。我们要顺应市场的变化,改变策略。在二级市场找寻特定目标股票投机,把自己变成风险投资家,寻觅二级市场的投机原始股。我们选择了部分进行过资产重组及资本运作的上市公司进行分析,说明寻觅原始股的重要性及收益性。注:自2001年10月23日至2002年6月24日四次重大利好出台,大盘的反映一次比一次迟钝,再也没有96、97年的雄风。如果11月的“十六大”后大盘不能再度活跃,那么中国股市进入个股时代是肯定了。(酷脑俺于2002年10月22日补充)![]() |
至2001年7月上涨幅度最大的股票--银广厦(0557) 由于股市低迷,配股等原因,在1995年致使主力手中大量持有流通股份。在1996年股市回暖后,主力开始运作(我们用除权价计算)主力入市成本只有1元/股,最高价达到37.66元/股,上涨了3666.7%,在6年的时间内股价平均每年上涨83%, 现价32.3元/股,上涨了31.3倍。每投入1元收益31 .3元。注:到2001/11/19/为止,.银广厦以下跌到4.25元/股。 |
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至2001年7月收益率最大的股票--湘火炬(0549) 湘火炬:主力于1995年开始运作(用除权价计算)主力入市成本只有0.6元/股,股价最高为22.5元/股,现价22.2元/股,收益率为3600%。在6年的时间内,主力平均每年增加收益82.7%,投资人每投入1元钱收益为36元。我们同时分析了几十只相似股票,它们平均上涨幅度为1296.4%(既由10元股价上涨到139.64元)。平均收益率为865.63%(既10元股价平均在96.56元能卖出)。收益最差的股票是:0008亿安科技,0048ST中科。由于证监会的查处,收益率0008只有187.5%,0048为144.4%。我们没有发现收益出现负增长的股票。 |
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通过分析得知:只要有题材,股价就能涨。无非是题材大,大涨;题材小,小涨;题材真实,股价实涨;题材虚假,股价先涨后跌。收购重组就是创造真实的大题材。
上海大盘同期最大上涨了600% |
深圳大盘同期最大上涨了是600% |
个股时代,在二级市场购买股票获取暴利的方案
一、我、组织者,负责收购上市公司的非流通股,预计需要资金3个亿。采用要约收购方式入主上市公司(在http://mount8848.vip.sina.com/agsg6.htm有方案蓝本)。要将组织者发明的“第六代经营管理理论及垄断经营决策理论”拿到上市公司,对上市公司进行重组经营,大幅提高其经营业绩。 二、你、参与人,出资购买我们拟举牌收购的上市公司流通股。假定按一亿股流通股计算,设定收购股价在5元/股以下,共需资金5亿元。按《证券法》的规定,流通股东必须有千人持有千股的规定,我们拟准备参与资金为3亿元,每个参与者最少10万元,共有约3000人参与认购。购买流通股的方式为:A、由投资者按我们的指令自己负责购买;B、由组织者代为购买;三、认购者投入资金由组织者代为购买拟收购上市公司之流通股,其购买时间大约为三到六个月。当委托组织者代为购者的全部资金购买股票完成后,组织者才通知其他自己购买的参与者购买; 四、在流通股购买达到总股本的10%后,组织者将依法要求召开临时股东大会,对我们的要约收购上市公司方案进行表决。买入股票者必须授权给组织者有提议召开并投票支持股东议案的权利,临时股东大会表决以下议题:
A、同意无偿转让自己所持有的30%的流通股股份给安岗,安岗将《第六代管理方法·安氏理论》注入上市公司应用;
B、同意增选安岗为上市公司董事;
C、同意定向增发不超过X亿股流通股,收购原控股股东全部资产,发行价格每股X元人民币,按净资产值进行折价计算。控股股东以现金方式认购的股份一年后上市,控股股东以非现金方式认购的股份三年后上市,控股股东的负债部分变为上市公司的负债。
五、在股东大会通过后,各认购者所持有的股票由认购者处理。按《证券法》规定,买入流通股人员为知情者,其买入股票在六个月内不能再次卖出。
六 在收购成功后的三年时间内,组织者将做以下几件主要工作。 (一)、调整上市公司经营班子,贯彻“独创的第六代经营管理理论及垄断经营决策理论”,将企业经营业绩提升到优秀水平达到净资产收益率20%以上; (二)、向拟收购的,有发展前途的企业,定向增发新股或配股; (三) 在三年时间内,利用企业业绩增长进行二次送股、一次转增。因此流通股将增加三倍。这些工作的完成,必须确保净资产在2元/股以上;净资产收益率在20%。由此每股的收益在0.4元以上。根据我们对多只重组股价走势分析比较,我们拟收购股票股价定位在10元至20元之间。 在这三年工作完成之后,我们将继续重复以上的工作,使股本再翻番,十年后总股本增大64倍,成为名副其实的大蓝筹股,打入世界500强行列。虽然股价只上涨了不到一倍,由于股本增加至64倍,那么你投入100万元,在10年后变成亿万资产,这种情况正是当今国外很多企业已发生的事实。
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认购流通股的风险分析
一、资金的安全问题。 由于证券公司负责监督管理,组织者不可能挪用参与认购者的资金,因此认购资金是安全的。 二、由于组织者能力有限,不能搞好企业,无法实现预期利润,致使认购者预期收益无法保证。组织者所获得的股票,如果在三个会计年度股价总增长在30%以内全退、股价在30%-100%之间按比例退、股价100%以上则不再退(注:在三年内,如果参与者以卖出股票,则不论发生什么情况都不再退回)。最差情况就是参与者买入了一只不涨的破股票。三、收购不能实现,而政策面,基本面又发生重大变化,使得股市大跌,以至于认购人要按原价卖出股票都有困难.通过对众多股票研究,由于人们对股票喜欢看多的倾向,在二级市场被炒高的股价下跌到涨幅1/3以下的概率非常低,回到起点的概率就更低。所以我们得出结论,认购者损失资本金的概率非常低。
我们举例说明参与投资的风险 一个流通盘一亿股的股票,设定现价为5元,我们开始买入。我们在5元能买入多少股票???100万股,1000万股还是一亿股?如果一亿股都能在5元以下买入,那么可以肯定的说大股灾来了,能买到一半也是小股灾。买到2000万股说明此股一个主力都没有,连大户都没有,散户一致不看好。能买到1000万股同样说明此股没有主力,有少量大户,散户大量不看好。能买到500万股说明可能有主力,大户也不少,散户开始看好。只能买到100万股说明有主力在其中吸货,散户已不多。我们的目标就是能买到1000万--2000万股,如果超过此数就要从基本面进行分析,评估中央政策走向,经济环境,行业前途等,看有否发生股灾可能性。如果没有,只是行业前途及企业原因则大胆买入,越多越好。
当5元目标不能再买到股票后,就必须提高买入价至6元价位。在5元价位能收到超过5000万股,那么在6元价位有可能买入2500万股,那么收购流通股计划在6元内就可以顺利完成。如果在5元价位能收到2000万股,那么在6元价位最多也只能收到2000万股,约需在7-8元价位才能完成收购。如果在5元价位能买到1000万股那么要到10元价位才能完成收购。如果在5元价位只能买到500万股要到15元完成收购。
可以得出结论,第一批参加者收益最高,但风险也最大。最后一批参与者盈利最低,但风险也最小.怎样降低第一批参与者风险呢?他们的风险来源为股灾风险,资金被挪用风险,余下为市场波动风险。人人都知逢低买入,逢高卖出,这是股市赚钱的精髓,只要你能做到,就一定能赚大钱。!可什么是高,什么是低?一只股票从5元涨到10元,那么10元可称为高位。但此股又盘整几天一气上涨到30元,你还能说10元是高位吗?
高与低是相对而言的,在市场有政策底市场顶之说。那么什么是顶呢?从盘面上看,卖盘远大于买盘,从消息面上说不断有好消息见诸报端可股票就是不涨,再有就是能让散户大量买到股票的价位,这就是顶。底则与此相反。我们的观点,在排除政策变动后,市场顶与底应该以资金面决定的(即有多少资金希望进入市场)。一个上亿元资金的主力,等同于几千个散户同时看好同一题材。对一只股票来讲,有上亿元资金进入可以肯定的说底部出现了。能否做高完全取绝于资金量的大小,题材的大小,股民的投资意愿。
为了降低风险我们从两个方面入手:
1,第一批买入股票的工作必须在有两亿元资金参与的情况下才能开始运作;
2,组织者的能力;在1996年12月13日,发生了因政策变化的最大股灾,主力100%被套。而我们的组织者在发生的前一天(12月12日)将手中所有的股票在最高价期间全部卖出空仓。由于我们有这样一批优秀理财专家,炒作失误率大大下降。资金上我们有两亿,相当于一个小基金。从证券投资基金的运作上也反映出大资金运作发生亏损的概率几乎为零。
可以得出结论,投资者要承担的最大风险就是因天灾人祸所带来的股灾与资金被挪用。就算发生股灾,由于我们资金大,解套的概率也比散户大的多,可以说一定解套。在1996年底股市中被套主力,其后全部赚钱就是一个明证。至于被挪用资金,只要证券部认真负责,发生的可能性是不存在的。
风险结论:投资者投资行为的综合亏损概率小于1%。 收购运作的程序一、由组织者或多个认购者联合(资金达到2000万元以上)指定证券部。由组织者与认购者共同签订“资助收购合同书”。认购者用自身的名义开立股票帐户,存入保证金;
二、为了保证所有投资者的合法利益不受侵犯,在组织者代认购者买入股票期间,需要认购者对帐户的股票对外进行保密工作以不使计划外泄。如在此收购期间认购者要退出,买入股票的收益部分组织者要提取一成的服务费,出现亏损则由投资者自负。组织者买入流通股的顺序将按投资者的资金大小,加入日期的先后进行排序,本着时间优先,数量优先的原则处理。 三、因多种原因致使组织者只能为部分投资者买入小量股票。组织者将卖出所有购入股票,改为收购另外一家上市公司。因卖出股票所获得的收益,组织者与投资者进行一、九分成,即组织者一成,投资者九成。投资者所获得的九成部分将作为新资金投入,计入其投资总额。 五、收购流通股达到总股本的10%后,组织者将进行举牌收购。当股东大会通过决议后,认购者与组织者所订资助收购合同即履行完毕。按《证券法》规定,买入流通股票的投资者为知情人员,其买入股票在六个月内不能买出,期满后认购者自行处理股票。如果看好组织者的才能,认购者可持股三到十年,你也许就成为亿万富豪。返回首页http://mount8848.vip.sina.com
组织者2001/07/18于深圳
Create one again, Xiang the mythology of torch
--- - enter the investment of secondary market of the times of individual share
The marketing company of a excellent operation, total asset earning rate should be larger than 10%
The marketing company of a excellent operation, asset liability rate should in 70% Below;
The marketing company of a excellent operation, net asset earning rate should in 20% More than;
The key of marketing company's profit ability is company's highest decision person( CEO) management and decision level.
As certificate prison will be checked 2 set up the speculative share price of main force get profit opportunity more and more little. We will comply with the change of market, change strategy. In secondary market look for specific goal stock speculation, change self prevail invest in home nearly, seek secondary market Speculative original share. We have selected the marketing company that passes asset reshuffle and capital running partially to carry out analysis , explain to seek profit and the importance of original share. Note: From October 23,2001 to June 24,2002, four important advantage is enacted well, a plate of reflection once is more slow-witted than once, also have no 96 and the male wind of 97 years again. If November coil after " 16 is big " can not again active, so Chinese the stock market enter the times of individual share is definite. ( cool brain An replenish in October 22,2002)
Biggest rising range stock --- - silver broad mansion ( 0557) Note: To 2001 until 11 19 / / /s .Silver broad mansion with is declining 4. The / of 25 Yuan share. The biggest stock of earning rate --- - Xiang torch 0549 Xiang torch: In In 1995, begin running, ( Use to exclude right price calculation ) main force is 0 into city cost .The / of 6 Yuan share Share price Is highest Is 22.The / of 5 Yuan share and the 22 of present price .The / of 2 Yuan share earning rate is 3600%. In 6 years Time Main force Increase profit 82 in average every year .7% and investment person each input 1 Yuan Money Profit Is 36 Yuan. We at the same time Have analysed , tens of Is similar Stock, their average rising range is 1296 .4%( From 10 Yuan share price rising go to 139 .64Yuan ) Average earning rate Is 865. 63%( 10 Yuan share price average in 96 .56 Yuan can sell ). The stock of the most bad profit is: Install 000,800,000,000, science and technology 0048In ST department. Because of certificate prison can Investigate and treat , earning rate 0008 have 187. 5% 0048 is 144. 4% We do not discover that profit arises the stock of negative growth.



Shanghai Is big Coil , the same period biggest have risen 600% 
Shenzhen big a plate of the same period biggest have risen is 600%
The times stock of individual share of secondary market is purchased scheme
One and I: Organizer takes the responsibility to purchase marketing company's non circulation share is estimated need capital XX, one-hundred millions. Adopting will be purchased approximately way appears on the market into God company( in Http: //mount8848. Vip. Sina. Com/yysggg. Htm With the proper method case ). Invent organizer " Management theory and the theory of managemant decision " Reshuffle for marketing company to manage , raise its achievement. 2 you: Subscribe. Make capital to purchase marketing company's circulation, share. Assumption according to one-hundred millions circulations share calculation, set share price in the / of 15 Yuan, below share, need capital 1,500,000,000 Yuan totally. According to " stock law ", stipulate 1000 1000 circulation shareholder person stipulations, we will prepare capital one billion Yuan and every participator minimum five-hundreds thousands Yuan , possess contract 2000 Person participates in to subscribe. The way of purchasing is: A , purchase self by investor; B , buy on other's behalf by organizer.3, subscribe input capital By organizer, purchase for you to draft, purchase the marketing company's clear share of and his like. Purchase time 3 to 6 approximate monthes. Purchase in duration stock company as subscribing stock account to carry out encryption handling, can carry out low-priced purchase with guarantee. When subscribing all capitals after purchasing stock completion Organizer just informs other selves purchase participator. 4 when circulating , share is subscribed , have rear completion basically, organizer will want contract purchase marketing company's work. Subscribe , must authorize to convene temporary shareholder meeting to organizer suggestion , vote following subject:
A , agree free tranfer hold self 3 0 % land circulate share stock give An Gang, install hillock will " 6 generation management method · install theory " pour into marketing company's application;
B , agree increase choose An Gang is marketing company's director;
C , agree directional increase hair do not exceed one-hundred millions X circulations share, purchase control share shareholder all assets, publishing price each XX first Rmb, worth calculation according to net asset. Control stock one year that share shareholder subscribes with cash way, after appear on the market , control share shareholder subscribe with non cash way appear on the market after stock 3 years, control share shareholder liability part change for marketing company's liability
5, subscribe , each after shareholder meeting is known the stock that holds , will decipher from stock company for stock account, deliver , from subscribe handling. According to " stock law " stipulating and buying circulation share people to know the facts , it buy stock 6 months can not sell again.
6 is being purchased after succeeding for 3 years time, organizer will do some of following major works. ( one ) adjustment appear on the market company's operation group, implement " invent management theory And the theory of managemant decision " Manage enterprise , achievement promotion go to excellent level to reach the net asset 20% of earning rate More than. ( 2) to will purchase have future enterprise increase hair new share or allotment of shares. ( 3) in the time of 3 years grow up using achievement, is going to send share twice, turn one time increase. Circulate , share will increase 3 times. After these works are completed , ensure net asset in the / of 2 Yuan, more than share; Net asset earning rate in 20%. From this each profit in 0 .More than 4 Yuan. According to us for much reshuffle share price go to tendency analysis to compare, we will purchase stock share price location when 10 Yuan to 20 Between Yuan. After this works for 3 years to be completed, we repeat continuity to go to work make , make capital stock turn , decade the rear total increase 64 times of capital stock, become well-known set actually big blue chip share, throw into world 500 strong lines of row. Though, share price has risen only, do not increase until one time because of capital stock to 64 times, so, you put in one million Yuan , become the asset of hundreds of millions after 10 years ,This kind of condition is just present foreign many enterprises, have occured fact.
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Subscribe risk analysis
One and capital safe problem. Because of the responsible supervisor management of stock company, organizer is impossible to embezzle to subscribe capital, therefore it is safety to subscribe capital. 2 can not be bettered since organizer ability is limited enterprise can not realize expected profit, cause to subscribe expected profit, can not guarantee. Organizer get stock if the 3 increases of financial year retreat completely within 30% , retreat in proportion between 30%-100% , do not retreat again more than 100%( note: In 3 years if participator with sell stock, regardless of occur what condition do not return again ). The most bad condition is that participator buies one the stock that does not rise.Purchase 3, can not realize , policy surface basic surface again occurs important change, make the stock market big, fall , so that in subscribe person will sell stock according to cost price difficult. Through studying for numerous stock because of people like for stock see trend, in secondary market is declining by fried high share price rise 1 / 3s Following probability is very low , it is more low to return the probability of starting point. So, we reach conclusion, it is very low to subscribe the probability of loss capital gold.
Our investment risk of case history A circulation coil one-hundred millions stocks, set present price is 10 Yuan, we begin buy. We in 10 Yuan can buy how many stock? One million, ten millions is still one-hundred millions? If one-hundred millions can in 10 Yuan buy , may so affirm say big share calamity have come , can buy half is also little share calamity. Buy twenty millions explanation this shares, a main force has no , company big household has no , private investor consistently values. Can buy ten millions same explanation this shares, have no main force, have few big household, private investor values in large quantities. Can sell five millions explanations, possibility is had main force has also a lot of households , private investor begins to not value. Can only buy 100 Ten thousands explanations have main force in in which inhale goods, private investor already not much.Our goal is to be able to buy ten millions --2000 Ten thousands, if exceed this number will carry out analysis from basic surface , assessment the central government's policy move towards , economic environment and profession future etc., see have Fou occur share calamity possibility. If have no , is profession future and enterprise reason bold buy , the more the more good.
When the goal of 10 Yuan can not be bought again after stock, must raise buying cost to the price of 11 Yuan. In the price of 10 Yuan can receive exceed fifty millions, so in the price of 11 Yuan have possibility buy twenty-five millions, so purchase circulation share plan in 11 Yuan for may is completed smoothly. If in the price of 10 Yuan can receive twenty millions, so in the price of 11 Yuan with a maximum of can only also receive twenty millions, need approximately in 15 --16 first price then can purchase consummately. If in the price of 10 Yuan can buy ten millions will so go to the price of 20 Yuan then can purchase consummately. If in the price of 10 Yuan can only buy five millions will go to 40 First completion is purchased.
Reach from this, if we purchase the price of 10 Yuan of lower limit to purchase the ten millions completions of 20 Yuan, purchase. So will for not at the same time between attend the investor of this plan bring completely the investment result of difference. Assume that share price can rise , the / of 40 Yuan share, 10 Yuan buy investor in the profit profit 1,800,000 Yuan of 40 Yuan( put in one million golds) .The investor that 20 Yuan buies the profit profit in 40 Yuan for four-hundreds thousands Yuan( put in one million golds, ) two, differs 4 Time.
May reach conclusion, the first batch of participant profit is highest , but risk is also biggest. A batch of final participator profit is minimum , but has also minimum risk.How do you reduce the first batch of participator risk? Their risk source is share calamity risk, capital had been embezzled risk is remained for the risk of market volatility. Everybody knows Feng low buy , Feng sell high, this is the stock market make money marrow, only you can accomplish , for can gain big money surely. May what is high, what is low? A stock goes to 20 Yuan from the rise of 10 Yuan, so, 20 Yuan may be called as high position. But this share again dull for few days, rise , 50 Yuan you can still say 20 Is Yuan to be position high?
Being policy base market in market high and lowing is relative , have carry say. So What is to carry From a plate of surface, seeing and selling plate is more bright than to buy plate, say from news surface, have good news constantly to see, Zhu announce end may stock is do not rise , have again is Can let private investor plenty of and obtainable, the price of stock This is carried. Base is opposite with this. Our viewpoint is being removed after policy changes , market carries with base should as golden surface decide ( have how many capital hope enter market). On one, the main force of one-hundred millions Yuan capital equates in thousands of private investors at the same time, value same subject. There is last one-hundred millions Yuan capital for a stock enter , may affirm , say that bottom has appeared. Whether do take high completely the size that is more unique than subject and the size of capital quantity and the investment wishes of shareholder.
To reduce risk, we start with from two aspects:
1The first batch of buy work must in have two-hundreds millions Yuan capital participate in then can begin running under condition.
2 the ability of organizer; In December 13,1996 have occured because of the biggest share calamity of policy change the bedding bag of 100% of main force. Our organizer is occuring before today( December 12 Day) will all stocks on hand sell empty storehouse completely during ceiling price. Since we have so a batch of excellent financing expert, speculative fault rate drops greatly. On capital, we have two-hundreds millions , are equivalent to a little fund. From the running of stock investment fund, it is nearly 0 to also reflect that big capital running occurs the probability of loss.
May reach conclusion, the biggest risk that investor will undertake is to ruin since natural disaster is person the share calamity and capital that brings , had been embezzled. Occur share calamity , since our capital is untied the probability of cover also than private investor big much, may say untie cover surely. In 1996 At the end of the year in the stock market the main force of bedding bag it after make money completely is a clear proof. As had been embezzled capital so long as stock department takes the responsibility conscientiously, the possibility that occurs does not exist.
Risk conclusion: The comprehensive loss probability of investor investment behavior is smaller than 1%. Running programOne , from organizer or many subscribe alliance( capital reach twenty millions Yuan more than) designate superintendency stock department. After organizer and stock department sign classified contract, by organizer, subscribe , ticket business signs together " The contract book of financial aid " Subscribe to use the name of self, open stock account , stock cash deposit. Subscribe , ( capital quantity reach 2000 Ten thousands with On) may designate agent to take the responsibility for stock business, organizer give business instruction to this agent.
2 when subscribing , turn capital number , to in same stock department open account after, organizer begin generation subscribe buy stock. This superintendency work is taken the responsibility for by ticket business. 3 to guarantee the legal benefit of all investors, do not receive to intrude, in organizer generation subscribe buy stock duration, superintendency ticket business want for subscribe account keep secret work , do not make plan outside rush down. If subscribe during this is purchased to quit, buy the profit partial 64s of stock, divide , organizer sixty percent investor forty percent, loss investor conceited. Organizer buies circulation the order of share will press the capital size of investor, the priority of date queue up order, in line with time prior, quantity prior principle handling. 4 since various reason is caused , organizer can only buy small stock for partial investors. Organizer will sell to own, purchase stock, it is to purchase other a marketing company to alter. Since selling the profit gotten by stock, organizer and investor carry out 3 or 7, divide , organizer thirty percent and investor seventy percent. Investor gets seventy percent of part as new capital input , sums into its investment total. 5 , purchase circulation share complete 10 days , ticket business for subscribe account unfreeze. Subscribe and organizer to order the contract of financial aid, perform completely. According to " stock law " stipulating and buying the investor of circulation stock for insider Yuan, it buy stock can not buy in 6 months, expire after subscribe handle stock independently. If value the talent of organizer, subscribe , may hold 3 to 10 share years, you become the millionaire of hundreds of millions perhaps.Return homepage http://mount8848.vip.sina.com
< ;< Purchase the contract of financial aid >>
2001 07 organizer / / 18s in Shenzhen
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