Is Wanxiang Technology Worth Subscribing?

A: Hello, according to the information of some brokerage platforms: the issue price 12.2 yuan, the dynamic P/E ratio is 27.54 times, and the debt ratio is slightly higher according to the semi-annual performance. The total share capital is 360 million. However, because the issue price is not high, the performance is not bad. Although the share capital is slightly larger, it should not be broken and can be purchased.

I. Scope of business:

Suzhou Wanxiang Technology Co., Ltd. was established in April 1994. Legal representative Huang Jun, the business scope of the company includes: research and development, production and sales: electronic products, metal products, auto parts, automation equipment and molds; Sales: insulation materials, industrial tapes, plastic products, packaging materials; Packaging and decoration printed matter printing; Other printed matter printing; Road freight transport; Self-management and agency of import and export business of various commodities and technologies, etc.

Second, the law of IPO speculation

1. When the market is at the end of the decline and enters the bottoming stage, the market sentiment is low, the opening price of new shares is generally below 50%, and even some stocks are close to the issue price. This is the best buying period. Once the market rebounds, such stocks will rise. For example, CITIC Securities, which was listed on June 6, 2003, was at the bottoming stage of the market. Its opening price was 5.5 yuan, and it closed in 5 yuan that day, which was 10% higher than the issue price. Later, the market rebounded and the stock became the leader.

2. When the market rises: At this time, the new shares are flat, and investors can actively participate in the speculation.

3. When the market is at the end of the rise, the market sentiment is high, and the opening price of new shares is very high, some of which reach more than 200%. At this time, the risk of new shares is the greatest. Once the market falls from a high level, such stocks fall the most. For example, Guo Tong Pipe Industry, which was listed on February 19, 2004, reached 20.98 yuan on the opening day, 200% higher than the issue price, and then the stock fell by 40% when the market fell.

4. When the market is in the down stage, the new shares will go flat and go down, and the chances of participants making profits are extremely small, so don't participate. Only when the market enters the end of the decline and bottoms out will it be a real buying point. At this time, the market has not been adjusted, and it has to wait for it to enter the final decline. At that time, many new shares will be opened at around 20%, and then buying will have higher returns than the market.