Recently, the drama "Flowers" has become popular, and at the same time, the Yellow River Road is also popular.
The only sad thing is that Mr. A dived!
The great heat will be followed by the great cold. Remember, this is the rule.
The Empire State Building in New York, running from the bottom to the roof, takes an hour, and jumping from the roof takes only eight and eight seconds, this is **. If you want to make money from **, you must first learn to lose.
It is better to strike the golden bell than to break the drum for a thousand sounds.
In fact, everyone is the same, they all come to this market with ambition, standing by the Huangpu River, who doesn't want to be a trendy!
But there are also sayings: today's sun can't shine tomorrow's clothes. Time is everything.
This drama is really well filmed, I recommend everyone to watch it, in addition to surprises, there are also a lot of touches.
The scene of the ** market twenty or thirty years ago is still clearly visible in today's market, and it can be seen ......
The start of 2024 is not smooth, and the continuous acceleration ** has broken the pre-holiday bottom, which is to build a double bottom.
Indeed, everyone's confidence has been shattered, where does the upward momentum come from?
There is a saying that should be very suitable for the current market: the market has two problems, first, find the problem, and second, solve it!
From the second half of 2023 to the present, many companies have been buying back to enhance investor confidence during this period.
On the one hand, I hope that the company will express its stance and set an example with actions, and on the other hand, with the current valuation, it is indeed a good time to buy back.
The market is falling endlessly, and it is difficult for convertible bonds to have a pulse**, after all, it is bound to the equity market.
The underlying stock is equivalent to the fundamentals of convertible bonds, the fundamentals are too poor, it is difficult to pull up, and what is pulled up is also the speculation of funds.
Although convertible bonds have a debt backing, this is only a drag on the decline, and if you want to earn excess returns, you have to hope that the market can get better.
The duration of convertible bonds is basically 6 years, and a batch of convertible bonds issued 6 years ago are now approaching one after another, and the ** for two consecutive years has made this part of the convertible bonds almost impossible to find a chance for early redemption.
At present, the market has not improved, and there are only two outcomes to face: the first is to repay the principal and interest when due, and the second is to introduce war investment to buy debts and swap shares.
Some banks have begun to choose the second way, such as Jiangyin convertible bonds, which will expire at the end of this month, and the current market must not be able to afford forced redemption**.
If you want not to repay the money or repay less money, you must promote the conversion of shares as much as possible and digest a part of the debt.
At present, Jiangyin is increasing its holdings of convertible bonds through senior executives, and then converting them into shares, which is also a double win from a certain point of view.
On the one hand, it can complete the increase in holdings, and on the other hand, it can digest part of the debt and reduce the pressure of repayment.
This kind of case may be used as a reference by some companies that are on the verge of maturity but cannot be forcibly redeemed, which is not a bad thing for us to invest in convertible bonds.
As a kind of bond, convertible bonds have a safe range, so cheap is cheap, and you can't hesitate when it's time to increase your position. The company was able to increase its shareholding in the company by increasing its holdings of convertible bonds, which further proves the logic of convertible bond investment. ** On the safe, then it has a high investment cost performance, the rest is only a matter of time. The bottom is usually prone to big yin and big yang, and the convertible bond market in the first half of 2023 has only taken two trading days to repair. If you can't make a brave shot when it's cheap, it's very likely that you will have to go up after the rise to a more expensive *** Friends may be worried, **what to do after continuing to do it, there are two questions about this: first, you are thinking, know that you are responsible for your principal. Second, it means that you don't know about convertible bonds yet, and you don't know much about the logic of convertible bond investment. Convertible bonds are bound by and protected by clauses, and the company needs to fulfill the obligation to repay the principal and interest when due, so this also illustrates the downward space problem. Finally, a sentence in "Flowers" is for everyone: Only when you see the future, will there be a future.