There is nothing new under the sun, and the great white horse Tongce Medical has also been cut off

Hello everyone, I am a rich man.

Today's Ningde era has reached a new high, and the market value has reached 1.6 trillion yuan, which is the same for a while. The current prosperity of new energy vehicles is still the same, and there is also an energy storage bonus in the Ningde era, the net interest rate of energy storage is actually twice that of the power battery, and the continuous new high also has its reason, and Ningde itself may not have been seriously overestimated.

However, today there is still a landmark event, Tongce Medical fell down the 200 yuan mark today, closing at 196.91, to this round of high point of 421.99 yuan, has fallen by 53%, when CXO and medical service institutions are in the sky, Tongce Medical nearly 2 years with a slope of 45% all the way up, Presumably most people are difficult to think, less than a year, Tongce Medical also has a waist cut, and more than that.

A shares is a very typical boom market, market funds are relatively easy to pursue the current industry with the highest prosperity, and form a consensus expectation, the valuation of this industry is repeatedly pushed up, in this process seems to be endless.

However, today's little sweet, may be tomorrow's Mrs. Niu, according to the observation of the rich Jun, the general reversal of such a boom industry, and its valuation is not reasonable, but with whether its growth rate began to be lower than expected, whether it is still the hottest industry in the current market is very related, unfortunately, from the end of June, Tongce and Aier Ophthalmology, these two former medical services, due to the high base in the second and third quarters of last year, resulting in the possibility of more than 50% growth, the expectation began to reverse, becoming a double bear.

But with the two once-high medical service double male gradually return to a reasonable position, the rich jun to the medical sector follow-up is more optimistic, the medical industry will not always be on the floor, many medical companies with reasonable value, in the near future will once again wait for its performance moment.

Judging from the top ten shareholders in the third quarter report, the "goddess of medicine" Gülen's CEIBS Medical Health increased its holdings in Tongce Medical to 14.274 million shares in the third quarter, becoming the third largest shareholder of Tongce Medical, and it is obvious that its value is gradually being recognized. However, from the perspective of becoming rich, the current valuation of 90 times PE in 21 years, the margin of safety is still insufficient, if you can reach 80PE, corresponding to 60PE next year, the winning rate and odds are very good, you can wait appropriately.

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About the Author:

Become rich Jun, after 80, 985 colleges and universities major in the top three, now working in a certain line of cashiers, stock investment for 10 years, annualized 25+%.

Investing is a very important but difficult thing. Everyone has the potential need for financial management, if you do not do a good job of investment and financial management, the money you have worked hard to save is swallowed up by inflation every day, but on the other hand, the vast majority of investors in the stock market are loss-making, and the reality is really very cruel.

But if you have the right approach, you're almost 100% sure you'll outperform inflation and increase your family's wealth. In fact, stocks have the highest yield of any large class of assets, and what you must not know is that after extending the investment time, it is also the asset with the highest winning rate! (For more information on this point, please see my article for details). Too many people are blinded by the short-term ups and downs in the market, missing the right way to lead to losses, as Buffett said, "Investing is actually very simple, but no one wants to get rich slowly."

What this column wants to devote to is to explain the essence of value investment and asset allocation for everyone, to shape the correct value investment system with everyone, and to truly become rich together. Welcome to follow and forward, I hope this column can help more friends.