With regard to COSCO Shipping Holdings, I would like to say a few views that you may not like to hear.
Some marine shareholders believe that the container industry will be a weak cycle in the future, so they agree with this view.
In 2016, ignoring losses, since 2017, the gross profit margin has ranged from an average of 10% to 42% in 21 years, net profit margin has ranged from an average of 5% to 31% in 21 years, and the return on net assets has reached an astonishing 101%, both relative and absolute values. these are business indicators that can only be sustained in the business cycle.
This means that even if the future industry is a weak cycle, Hai Control's performance will still have strong cyclical fluctuations, and it is inevitable that the performance will begin to decline in a certain year.
As for the year 2021, will it be the top of the performance boom of Hai Control? How long will the astonishingly high gross margin of Hai Control last? We don't know.
Based on the above unknown, Hai Control shareholders hope that the stock price can hit a new high before the return of the average performance, which is actually a race against time, and the longer the stock price goes sideways, the less likely it is to reach a new high.
As a result, we can properly understand the behavior of sea control shareholders to put pressure on management, at this time, we do not release profits to pull up the stock price, and the smooth performance to the downward cycle does not boost the stock price.
Sea control has increased more than sevenfold from the bottom two or three in 2020, and from the point of view of turnover, a large number of investors actually take more than 20 chips. Although the stock price has risen much, in fact, only a few people make money, and most investors may not make money, or even lose money.
No matter how much it has risen in the past, if you think the current price is very cheap, the more you fall, the more you buy, the risk is very.