If you ask which industry do you think is the most "profiteering"?
Everyone may have their own answers, but "dentistry" or "dentistry" is a topic that basically no one can get around.
Among the A shares, Tongce Medical, which is known as "Tooth Mao", has continued to rise in stock prices over the years, which also proves the superiority of the dentistry track.
But Tongce Medical, which was originally in a steady trend, suddenly collapsed and stopped today, why is this? Take a look at the problems faced by "Tooth Mao"!
Although the hot spots on the A-share market today are scattered, if it is a drop stop, it is still a bit strange, especially the big white horse stocks like Tongce Medical, which are basically heavy positions of institutions, how can institutions smash the disk for no reason?
In the evening, Tongce Medical released three quarterly reports:
The net profit in the first three quarters was 620 million yuan, an increase of 55.09% year-on-year, of which the net profit in the third quarter was 269 million yuan, an increase of 5.88% year-on-year.
Even if you don't do financial analysis, just look at the third quarter of the year-on-year growth of 5.88%, such a growth rate, how to support its market value of nearly 100 billion? So today's drop stop is no accident, rough calculation, today's drop stop compared with the previous two days of highs, evaporated nearly 10 billion,
Tongce Medical
From a technical point of view, the trend before the stop is still OK, there are signs of steady upwards, and as a result, a stop will once again hit the stock price into the form, and can only wait for the correction of the pattern.
What is more important is that the original performance was to be announced after the close, the result has been stopped in the intraday, and the performance has not been as expected as expected, although the secretary of the board of directors of Tongce Medical said that "I don't know the ins and outs of the rumors, the company strictly abides by the information disclosure rules of the Shanghai Stock Exchange", but this statement is worse than the performance of the rumor, it is estimated that many people did not expect it, right? #通策医疗就三季报提前流出作出回应 #
Why is the growth rate not ideal? The simplest logic is that when the economy is not ideal and consumers know that dental profits are huge, tonce medical customer base is obviously shrinking.
In addition, the latest data shows that the number of shareholders increased by 43.51%:
Top 10 outstanding shares
The number of shareholders has increased significantly, and to put it bluntly, that is, the number of large households is decreasing, and the number of retail investors is increasing, which is also very in line with reality, a friend of The Big Na, some time ago asked me about Tongce Medical, it can be seen that in the process of rising, every retail investor has regarded dentistry as a good track.
As a big white horse stock, there are also many funds that like Tongce Medical, such as star fund managers Glen and Zhang Kun, which appear in the top ten outstanding stocks in their semi-annual reports. However, in the latest three quarterly reports, the "goddess of medicine" Glen is in the warehouse, but the "Dionysus" Zhang Kun is far away.
Compared with the performance and technical aspects and the increase in retail investors, in fact, tongce medical decline today, there is a rumor more important: dental may be gathered! At present, it is only the rumor stage, in the past cognition, the reason why Tongce Medical continues to rise, the important logic is huge profits, and the biggest "bearish" in the pharmaceutical industry is the collection, a collection of the most profitable orthopedic consumables leading stocks of the year, the stock price is still in the "fracture" stage, not to mention other generic drugs. If dentistry really begins to collect, then Tongce Medical will obviously have a significant impact on its future performance, which is the real "big killer".
As for dentistry, is it a gathering? Dana felt that if there were rumors, then it was very likely to happen.
Although the collection of pharmaceutical stocks is "bearish", it is a real benefit to the people! And not only the pharmaceutical industry, just like the military industry also came out of the collection of rumors some time ago, now there is a phenomenon is obvious, when the gross profit margin of a certain industry is very high, it is easy to smooth out policies in the future.
If it is really collected, the valuation of the dental track is obviously not a stop that can be stopped, which investors must be clear.
To sum up, the performance is not as good as expected, is only one of the reasons for tongce medical correction today, whether the dentistry can be collected is the key to the high valuation in the end!
When the trend is unclear, don't randomly copy the bottom!
———— above, Financial Wang Dana, more investment thinking and logical analysis, welcome to pay attention!
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