The Road to Rebirth Finance

Chapter 197 Position Exposure (6K)

After lunch, Gu Junhao came to Junshi Capital with Zhang Yiru, who was doing business for personal gain. If Zhang Yiru was around, Gu Junhao would naturally not go to the trading room.

After a nap, when it was time for work in the afternoon, Gu Junhao called Guo Yuanwei to the office, together with Li Xinyu, the three of them had a simple meeting.

The new investment project needs the assistance of Guo Yuanwei, who is the chief financial officer, and Li Xinyu is in charge of the middle contact. Gu Junhao is in the trading room, and when it is inconvenient to contact, Li Xinyu will handle it.

After explaining the details of investing in Jiang Jianbai's company and some content of the previous discussion with Jiang Jianbai, Gu Junhao let Guo Yuanwei leave.

In addition, Gu Junhao also contacted the company's legal counsel, Zhuo Yifan, who was needed for some legal-related issues and the signing of subsequent contracts.

Zhuo Yifan is an external employee and does not need to be on duty. You can just contact him when you need it. At present, Junshi Capital cannot afford a legal team.

Zhuo Yifan readily agreed. As for doing personal affairs for the boss, not to mention outsiders like Zhuo Yifan, even Guo Yuanwei and Li Xinyu felt that it was very normal.

To some extent, doing personal affairs for the boss is also a symbol of trust; for Li Xinyu, this is especially true, the boss let herself participate in the project in front of the future boss wife.

"It should be because the work performance during this period is not bad." Li Xinyu thought to herself.

For Guo Yuanwei, such a small project of 500 million yuan can be said to be easy to grasp; after all, he has worked in a listed company before, and he has handled many things such as acquisitions and investments.

All I have to do is to help the boss get more equity within a reasonable range. Although the boss didn't say it clearly, he should be clear about how to do it.

However, Guo Yuanwei doesn't quite understand the boss's private investment. The payback period for physical investment is relatively long, and the new energy vehicle industry is currently in chaos.

For an auto parts company with no real strength, the risk is not small when it first enters this market. If it is a sentimental investment, it is not enough.

Jiang Jianbo himself has seen that there are not many clients of the fund participating in the fundraising, and he has never heard of how much interaction with the boss before, which is really incomprehensible.

"If this is a listed company, it is estimated that people will question the transfer of benefits?" Guo Yuanwei, who walked out the door, couldn't help thinking.
-
"Brother Cao, do you want to sell Tong Huashun? It looks like it will take a few days to adjust." In Li Zequn, everyone was also discussing Tong Huashun.

At the opening of the market in the afternoon, Tong Huashun had a slight increase, and the stock price returned to above 22 yuan, but it was smashed down immediately.

After three consecutive days of adjustments, the negative decline under the blessing of good news finally said that some people could not bear it anymore. In addition, the group of friends who did not catch up with the car and went to Dongfang Fortune before, today ushered in a big rise, which is even more exciting. .

"I'll sell half of it. I'm a bit reluctant to sell all of it. The 26 that Li Kuang said is also possible. As for when it will arrive, I don't know."

Seeing the endlessly falling stock price, Brother Cao couldn't bear it any longer. At present, his holdings are the heaviest in the group. After several operations in the bands, the current holdings have reached 4 shares, with a market value of 90. It was close to [-] yuan at one time.

Three trading days of adjustment, such a heavy position, Brother Cao couldn't bear it anymore. According to the previous thinking, Tong Huashun will adjust for a few more days. At that time, he will take it back by himself, and he can make a good band again.

However, he is also reluctant to completely liquidate the warehouse; once a person owns it, he is afraid of losing it. Several Tong Huashun transactions have nearly doubled the growth of assets.

Brother Cao still has feelings for Tong Huashun, and he sold half of it, so the cost is close to 0, so you can feel more at ease if you hold it.

"Okay, Brother Cao, you have a lot of market value. It's normal to halve it, so I'll liquidate it. I'm going to Dongfang Fortune to see if he's about to make a breakthrough."

"It's overdue. It's good to be here a few days ago. At that time, the 60-day line hadn't passed yet." This is the speech of other group members who hold Dongfang Wealth in the group.

"I said, why are you bothering? You didn't fall too much today. Don't get washed again then." Li Ze jumped out and said.

"No, good stocks will always give me a chance to enter the market. Tong Huashun's adjustments are not small every time. Calculated by 10% this time, the difference is not in his early 20s. I will take it back at that time. "

"What if I can't get it back? It's impossible for the main fund to stay the same. What if he speeds up the wash?"

"Then it will be fine to chase after that time. Go to Dongfang's wealth first and then talk about it."

"Okay, you can do whatever you want." Li Ze also regretted it, and this group of people tossed and tossed, the cost was getting higher and higher, and the money they earned was getting less and less.

Li Ze has now adapted to the rhythm of long-term holdings. As long as the stock price does not reach the expected price, he will never move.

Tong Huashun's closing price today was 22.10 yuan, a drop of 1.47%. The drop is not too much, which is a good thing for Gu Junhao. In the morning, Gu Junhao pledged 30% of his existing holdings in the bank.

That is to say, 4650 lots of stocks, with a pledge period of one year, can be redeemed in advance; calculated based on the 6% discount of the opening price in the morning, the total pledge of 4650 lots of shares is 625.8 million yuan;

The warning line price of these 4650 pledged shares is set at 14 yuan, and the price of the liquidation line is 12.80 yuan. At this price, the possibility of liquidation is almost zero.

And only 30% of the position is held. When it really falls to that price, you can replenish the pledge; the pledged stocks cannot be traded, but the unpledged stocks can still be traded.

Perhaps it won't be long before he can repay the loan in advance and release the pledge of the stock, but through this investment, Gu Junhao also deeply realized a problem.

That is, the cash flow in their own hands is seriously insufficient. People with tens of millions of net worth can't even afford a few million, and they have to obtain cash flow through loans.

Although Junshi No. [-] said that the fund's income is very good, but this is just a book figure. At present, Junshi Capital is still operating at a loss, and all expenses required must be injected by Gu Junhao.

If you are reluctant to sell the stocks in your hand, then you will not have much cash flow, and you can't see it at ordinary times; once you need a large amount of funds like you do now, it will seem a little stretched.

"It seems that I still have to do T to get some money. At least I have to have a cash flow of several million in my hand." Tong Huashun didn't know how long it would take to adjust, if he could adjust it deeper, he could be a band.

"What are you thinking?" Zhang Yiru asked.

"Oh, I didn't think about anything, I was watching the trend of the stock." The performance of the two markets is still strong today, the Shanghai Composite Index rose 0.57%, and continued to maintain above the 2230 point.

The GEM has sprung up suddenly, opening high and going high. After testing the 1400 point last week, it stood at this position again today. In the end, the GEM index rose 2.61% to 1428.74 points.

The sharp rise and breakthrough of the GEM undoubtedly activated market confidence. Today, the two cities can be said to be flying together, and the trading volume has also increased a lot.

Junshi No. 0.73 also performed well today. Among the four supported positions, only Western Securities fell by [-]%, and the remaining three stocks all achieved gains. Dongfang Fortune had the largest increase.

Dongfang Fortune surged 3% today, and its trading volume once again exceeded the 5 million yuan mark. The closing price was 11.66 yuan, not far from the 12 yuan price in early July.

Today is a feast for stocks on the GEM. Two small and medium-cap stocks starting with 002, although Wanan Technology also closed with a rise, their performance is relatively mediocre.

"Did the high and low switch?" Tong Huashun fell today, Xibu Securities fell, and Wanan Technology did not fall, but the closing price was relatively reluctant.

In the rebound market, these three stocks rose the most, and they are all at a relatively high position at present; while the index is soaring, the main funds seem to intend to cool down and adjust.

"Looks like it's time to make a move." In the past month, the circulation of Junshi No. [-] can be said to have dropped to a historical freezing point, and Wanan Technology has not traded for a long time.

Yin Zhijie has not traded for almost half a month, only Dongfang Fortune and Xibe Securities have small-scale operations. Now that the expectations have been adjusted, it is natural to increase the intensity of T.

However, only Dongfang Fortune and Xibe Securities are active. These two stocks currently have the largest trading volume and are more convenient to trade.

"Fortunately, the call was made in time, and the three of them are going to leave work early." Gu Junhao who hung up the phone said to Zhang Yiru with a smile, it was almost four o'clock.

The three of them had already written the operation log for the day, and they were about to skip work. If the call was later, no one would answer it.

After planning the specific operation of the fund, before tomorrow, Gu Junhao wanted to call the three of them over and give them some instructions; without him, he had to focus on his private account for a period of time recently, and was going to make some money.

During the period when he was not in the trading room, the fund account performed well. In addition to the rise in stocks, it also fully demonstrated that the intraday operations were handed over to Xu Jianqing and the three, and Gu Junhao could rest assured.

After a while, the three of Xu Jianqing came to the office. Seeing Zhang Yiru here, they greeted each other and were a little surprised.

Zhang Yiru nodded, but didn't say anything; Gu Junhao made the phone call in front of himself and Li Xinyu before, so the purpose of calling the three of them was naturally to have a short meeting.

Zhang Yiru originally wondered if this involved company secrets, so he should avoid suspicion; but Gu Junhao said no.

"I have other things to do this week, so I won't go to the trading room; it doesn't mean anything else to just ask you to come over, just to briefly explain the tasks of the fund this week."

Looking at the three of them, Gu Junhao said with a smile, "Don't worry, I won't delay you from getting off work."

"Boss, you ran on us again, didn't you just happen to be caught by you?"

"Okay, don't talk about it; Ruoyu and Tingting can step up their efforts this week, and if necessary, they can reduce their positions appropriately. You can decide the details; Xiaoxu, you can continue to do your work."

"Okay, I understand." The three of them responded separately. After working together for such a long time, a tacit understanding has been formed. Gu Junhao didn't mention a code name throughout the article, so the three of them naturally didn't say much.

"Okay, it's okay. If you want to get off work, go back early. I'm leaving too." After a simple order, Gu Junhao also got up and left.

Xu Jianqing and the three of them were all about to leave work early, so it didn't make sense for my boss to wait until 05:30 on time.

In the evening, Tong Huashun issued an inconspicuous announcement that shareholder Gu Junhao pledged 46.50 shares, accounting for 30% of the shares held.

A simple pledge announcement is not the actual controller of the company, nor is it an important shareholder. Most people will not care about it, but some people will always pay attention.

Li Ze is one of the people who pay attention, holding Tong Huashun, Li Ze will naturally pay attention to his announcement, especially during the period of the semi-annual report just released.

Like most ordinary investors, this simple announcement did not attract Li Ze's attention at first.

It's nothing more than complaining in my heart and which shareholder is cutting leeks in a different way.

"Huh? The name sounds familiar." Li Ze, who was about to close the webpage, suddenly stopped the mouse button he was about to press.

After a while Li Ze realized: "Fuck! Isn't this Brother T? I said that Brother T must be in Tong Huashun."

30% shares, 46.50 shares; that is to say, Brother T has 1 lots of Tonghuashun.

"Big hand, I still underestimate Brother T." Now Li Ze became more and more sure that the 1 hands of the prying board with the limit down was Brother T.

Unable to suppress the excitement in his heart, Li Ze casually shared the webpage link in the group.

"Brothers, Tong Huashun made an announcement, guess what I found!"

"I just saw that it's just a pledge of equity, which is useless, and there are not many pledges, just the amount of hot money."

"I read it too. It's nothing unusual, and it's not a good news. Besides, today's good news has fallen."

"Haha, you guys are still too good, look at the name of the pledger." Li Ze stopped playing charades.

"The name of the pledger? Gu Junhao, what's wrong?"

Compared with everything that the fund peer association studies about opponents, most ordinary retail investors are not familiar with the name Gu Junhao, and only some hardcore fans pay attention to Brother T's real name.

On the Internet, Brother T's name is more famous than Gu Junhao's.

"Gu Junhao is Brother T. As I said at the beginning, I said that Brother T is definitely in it. Now it's finally exposed." This announcement seems to prove Li Ze's analysis a few months ago. He showed his face in front of the group of friends.

"Fuck! Gu Junhao is Brother T?"

"Yes, these are all available."

"Well, what Li Kuang said is correct. It is definitely Brother T. There may be others with the same name and surname, but I don't believe there is another Gu Junhao who holds more than 3000 million Tong Hua Shun."

Brother Cao said that the first time Li Ze said that Gu Junhao was Brother T, Brother Cao went to the official website of Junshi No. [-] Fund to confirm. Compared with Li Ze's blind self-confidence, Brother Cao was much more rigorous.

"Niubi, Brother T actually holds Tong Huashun with a market value of more than 3000 million. He is really prosperous, but what are you pledging this share for? It doesn't have much money."

"Brother T probably doesn't want to sell it, and he is unwilling to let it go like this, so he can spend some money." Brother Cao said.

"That's right, that's definitely the case. Haha, Brother T probably didn't expect to make an announcement about the pledged equity. You won't be able to harvest leeks now."

"Nonsense, Brother T has never cheated anyone, not to mention that people who start private equity companies don't know about this. I guess Brother T must have other reasons."

"I don't know if it's because of other reasons, but Brother T is making money too fast. In October last year, it was less than 10 yuan. In less than a year, Tong Huashun's support position alone has more than 20 million yuan. .”

"There's no way to compare, really there's no way to compare. I was 20 last year, and I'm still 20 now. The 20 is all thanks to this wave of Tonghua Shun. Are you angry?"

Seeing everyone gossiping, Li Ze became a little anxious for a moment, and couldn't help but interrupted: "What are you still talking about here, you will enter Tonghuashun tomorrow, Brother T's pledge cannot be sold, and an announcement will be made to release the pledge.

Stud goes in tomorrow, when Brother T will release the pledge and clear the warehouse. "

"But Brother T only pledged 30%, [-]% of the warehouse is pledged, and the rest can be traded."

"Sancheng warehouse has a market value of about 1000 million yuan. People are not afraid of your tens of thousands of yuan. Anyway, I have decided that I will not sell it for 26 yuan. I will sell it as soon as Brother T settles the pledge."

"That's different. Brother T is fine after losing 1000 million yuan. I feel a little pain after losing tens of thousands of yuan. But Li Kuang, you are really fierce, and you have to continue stud."

"Brother T actually pointed out a way of thinking for us, that is, Tong Huashun can keep [-]% of the bottom position if he achieves a certain profit, and the pledge is usually for one year.

Brother T, even if the pledge is less than a year, at least several months, which means that Tong Huashun has a chance in these few months. "Brother Cao concluded.

"Brother Cao is right, he is indeed the big brother in the group; so I don't need to be afraid of the cost of 13 yuan, I just stud and wait." Li Zehe said.

"It makes sense, then find an opportunity to fight him, and then reduce the cost and keep [-]% of the warehouse."

Li Ze shared it in the group, everyone discussed it, and some people with good deeds shared Tong Huashun's announcement on Peach Shares, and Gu Junhao inevitably became popular again.

In the evening, Gu Junhao saw that Tong Huashun's humble announcement could appear in the popular posts on Taogu Bar, and a smile appeared on his face.

No matter how the market interprets it, I have already done what I can do, and leave the rest to the market and individuals.

Su Mingyu also saw the hot post about Tong Huashun's announcement on Taogu.com at home, and couldn't help but think that Brother T is still in Tong Huashun, so it seems that there should be Dongfang's wealth in the fund's holdings.

Maybe it's still a heavy position, it's because I didn't buy these two, otherwise the relationship between the two is so close, some things will really be unclear when the time comes.

Although the recent trend of the Zhongguo CSR that he bought was not ideal, it still failed to fall below the predetermined stop loss price, and Su Mingyu believed in his own judgment more and more.

Don't follow Gu Ge's actions, but only rely on your own analysis and judgment to choose stocks, so that even if the rate of return is a little lower, it is the greatest affirmation of yourself.

In the market, one can only earn profits within one's own knowledge, and only the profits within one's own knowledge can be guaranteed to be converted into final profits.

Always follow in the footsteps of others, and one day, profits will be returned to the market.

However, Su Mingyu also didn't understand why Gu Junhao pledged such a small amount of stock to cash out millions of cash, thinking that there was a problem with the company's operation and that he was short of money.

That night, Su Mingyu also called to inquire about Gu Junhao, and only after getting a reply that everything in the company was running normally did he feel relieved. Originally, Su Mingyu meant that if he was really short of money, he could lend some to Brother Gu.

Of course, 500 million is definitely not there, but 50 is still no problem.

Gu Junhao was dumbfounded by Su Mingyu's enthusiasm, and at the same time, he was very grateful for his friendship. This brother is really good at getting along, and he can borrow 50 if he wants to.

And there are many people who judged Junshi No. [-] holdings with Su Mingyu, and there are many people who have the same idea; some private equity fund managers who are more concerned about Gu Junhao, such as Wang Chao, Ren Yetao, etc., also vaguely guessed that Junshi No. [-] holdings There must be winter wealth.

"How did this kid make such a profit? Dongfang's wealth has fallen for more than a month, or is it also a shortfall?" Ren Yetao sighed.

Judging from the time period of Tong Huashun held by Gu Junhao, it should have entered around June, and the holding time has been more than two months, so it must be the same period of time when Dongfang Wealth opened its position.

The trend of Dongfang's wealth in the past two months has not been very good. Even today's surge, it has not returned to the previous high, while Tong Huashun has hit new highs.

Either exchange shares, or reduce the position at the original high level; I have to say that this kid's judgment on the general trend is really strong, such a stock that has fallen for more than a month can make money.

But knowing it, there is nothing you can do about it. Stocks like Dongfang Wealth are crowded with institutions, which is not something a fake institution like myself can touch. However, Tong Huashun's trading volume is not high. If there is a chance, you can go in and grab him, and get revenge by the way.

Shi Xin, Wang Chao's assistant, is also working overtime; it is normal for the financial industry to go to bed late.

Shixin compared Gu Junhao's appearance on the Tonghuashun Dragon and Tiger List, and the time-sharing delivery order of the subsequent limit-down, and then analyzed Gu Junhao's public post on Taogu Bar.

According to Gu Junhao's stud style, even if it's not stud Dongfang Fortune, it must be a heavy position, but he can endure the decline for more than a month without buying bottoms. This kind of personality really doesn't look like a young man.

The reason why I think so is based on the NAV rate of the curve disclosed by Junshi No. [-]. The NAV rate cannot deceive people. If Dongfang Wealth is really held in a down cycle, the fund will not be able to perform so strongly.

"Teenage Mutant Ninja Turtles, this guy." For a while, Shixin was at a loss for words, and he could only think of using this word to describe Gu Junhao's trading behavior.

Immediately, Shi Xin thought again, if he changed himself, would he be able to hold back?
-
Gu Junhao deliberately exposed his holdings, so he didn't think it was a big deal to be judged by everyone, but there were comments on the Internet that his fund must be Stud Dongfang Wealth.

This is something I hadn't considered before, but I don't think it's surprising after thinking about it; two stocks with the same concept, it doesn't make sense for one to stud and one to ignore it.

But so what?Trading volume and trends can’t fool people, Dongfang Fortune is about to start, will the main funds smash the market because of this unconfirmed news?

This kind of thing is obviously impossible to happen. From another perspective, if one's position is exposed and the main funds are crazily smashed, it is also an honor.

(End of this chapter)