Southern Fund: The Bottom Of The Mid Term Will Appear In The Next Two Months.
Recently,
Southern Fund
Released the four quarter of the company.
strategy
The report says there is a reversal now.
Quotation
The time is not yet ripe, and the mid term bottom is expected to appear in the next two months.
The South Fund believes that the current inflation is already at the end of its strength and is now in a stagnation period from the economic downturn to inflation.
From the valuation point of view, the overall price earnings ratio of the A share market is equivalent to 1664 in 2008, while the overall market price is still higher than that in 2008.
extreme
Under the circumstances, assuming that the overall PB returns to the lowest point in 2008, the Shanghai Composite Index will have a decrease of at most 20%.
Overall, the market is already at the bottom of the market, and the market reversal still needs to be patient to wait for more positive signals. The South Fund believes that the mid term bottom is expected to appear in the next two months.
With regard to key industries, the southern fund recommends that
inflation
And the cost pressure has dropped, and the gross profit margin of manufacturing industry in the middle and lower reaches is expected to rise slightly. It can be concerned about the opportunity for the rebound of the manufacturing sector, such as construction machinery and automobiles. After the inflation has dropped, the real income and purchasing power of the residents will rise, and they can continue to hold the consumption sector, and appropriately configure the undervalued boards to enhance the defensive ability of the combination.
- Related reading
Minsheng Securities: In 2012, The Status Of The Home Textile Board'S Lover Is Still Hard To Shake.
|Shanghai Composite Index Fell 2.5%, The Biggest Decline In Nearly Two Months
|- Shoemaking technology | The Design Of Children'S Shoes Needs To Pay Attention To The Rule Of Foot Type Development.
- asset management | What Are The Classification Rules Of Fixed Assets?
- Innovation and invention | Patents: Strong Effect Of Killing Mites Of Nanomaterials, Fiber Fabrics, Fitness Clothes.
- asset management | How To Strengthen The Management Of Non Credit Asset Management Posts?
- Fashion brand | AOKANG Makes Shoes In The Daytime Or Drugs At Night, Or Will Cooperate With LV.
- Foreign laws and regulations | What Is The Tax Refund For Re Export?
- science and technology culture | 納米復合纖維項目通過驗收
- Labour laws | Under What Circumstances Should Enterprises Pay Economic Compensation To Their Employees?
- Handbag bank | The Most Expensive Luxury Handbag Ranking In The World
- science and technology culture | New Technology Of Printing And Dyeing "Cold Spanfer Printing" To Desalination "Carbon Footprint"
- Foreign Investment Banks Sing More Short
- Shoe Clothing Brand Breaks Through The Terminal Market, Where Is The Way To Ask?
- School Enterprise Cooperation: The First Textile Vocational Education Group In The Province Was Established In Shaoxing County.
- Clothing Brand Seven Wolves: From "Wholesale" To "Retail" Pformation
- Cultivate Terminal Extension Terminal: "All-Around" Development Of Summer Shoe Nonwovens Industry
- &Nbsp Is Embarrassed; China's Three Or Four Line Retail Business Is Caught In A "Strange Circle".
- Prices Continue To Fall, And Turnover Rises Slightly.
- Net Sales Experience: Same As Business Entities Shop
- Care About Online Shops.
- Vietnam'S Garment Processors May Disappear In Five Years.