Wang Rongxu, an analyst at Wanbao Investment Consulting, pointed out that Taiwan stocks are still strong, but from the trading volume, it can be seen that the effect of foreign holidays is gradually showing. The five-day average volume has dropped from 300 billion to 250 billion. As the main control of domestic capital, after three consecutive months of selling and overselling, in December, it turned to a substantial purchase of over 6 billion. However, the major domestic investment trust investors are no longer limited to electronic stock selection. Today (21) Taiwan stocks rose 135 points in late trading, not so much TSMC (2330-TW), Hon Hai (2317-TW) The rise in popularity is more likely to be due to the surge in production stocks.
Evergreen Shipping (2603-TW), Yangming (2609-TW) In addition to the surge, the heavyweight leading producer Formosa Plastics (1301-TW) Also soared 4.6%, South Asia (1303-TW) Strongly rose 2.8%, Sinosteel (2002-TW) Rose 2%. The rumored big bull stocks finally turned around and will play the mainstream of Taiwan stocks in 2021.
In the past month, the stock markets of Brazil, Russia and Indonesia, which are major producers of raw materials, rose 11.2%,
9.8% is the three largest stock markets in the world recently. The raw materials are a business cycle industry. From now on, countries have been administering the new crown vaccine one after another. The worst of the epidemic has passed. Coupled with countries’ efforts to promote infrastructure to revitalize the economy, the economic recovery in 2021 will accelerate. The electronics industry is particularly sensitive to the economy. Since the beginning of this year, the electronics stock index has risen 54%, but the non-electricity gold index, which is the transmission index, has risen by only 9%, and the potential investment value of transmission raw materials has begun to emerge.
Wang Rongxu, an analyst at Wanbao Investment Consulting, said that the shipping industry is one of the leading indicators of prosperity. As early as October to November, I was optimistic about Sino-Ocean Container Evergreen (2603-TW) And Yang Ming (2609-TW). At that time, Evergreen’s stock price was less than 20 yuan, and Yangming was only about 11-12 yuan. At that time, it was reflected that the financial report had already risen from loss to profit, but I estimate that the container freight index continued to rise in the fourth quarter. Evergreen and Yangming are expected to make good profits in the fourth quarter. The single-season EPS will challenge RMB 2 and RMB 1.5 respectively. Now that Evergreen’s stock price has reached 33.5 yuan, Yang Ming has also rushed to 18.95 yuan. It is really hard to buy.
With the skyrocketing freight rate and the increase in the transportation cost of raw materials, the demand for the economic recovery benefiting from the infrastructure is ready to move, but the supply cannot keep up. The effect of the price increase has spread from the freight rate to steel, paper and plastics. In the future, the pattern of shipping stocks will be replicated.
Wang Rongxu, an analyst at Wanbao Investment Consulting, also said that last week’s column named optimistic about the steel group, especially the upstream Sinosteel (2002-TW) And Zhonghong (2014-TW), today Zhonghong even hit a new swing high by its daily limit. Elephants will also dance and fall through the glasses of many people. It is estimated that this wave of steel market will continue into 2021.
The upstream iron ore price hit a 9-year high, and the increase in December alone was as high as 30%, and the supply of scrap steel was also reduced when there was a shortage of cabinets. With the expected increase in steel demand in 2021, the downstream car no longer cares about price, but Is there any source of material?
Sinosteel made a profit of 2.35 billion before tax in November, which not only hit a two-year high in a single month, but also led to a turnaround from loss to profit this year. It can be seen that the rise in steel prices can drive the profitability of steel stocks not to be underestimated. In addition, with the support of Sinosteel, Zhonghong became the winner of the rising steel prices. It is estimated that profits will explode. Next year, the EPS will be 1.3 yuan, which can be said to be a 10 times growth compared with this year.
On the other hand, the plasticization stocks that have been organized for a period of time have also begun to move around. The industrial safety accident of LG Chemical, a major South Korean manufacturer, was still unable to supply normally until January next year, and crude oil quotations rose for 5 consecutive days last week, and the weekly line was even more red.USDThe decline has further pushed up oil prices. It is estimated that the profits of the Formosa Plastics Four Treasures in the fourth quarter will grow substantially compared to the third quarter, and operations in the first quarter of next year will continue to grow.
Since October, the quotations of PVC and ABS have soared to maintain high-end prices, and the quotations of plasticizers (DOP) have also risen sharply recently. The world’s largest plasticizer manufacturer Liancheng (1313-TW), in the case of widening spreads, it is estimated that EPS will challenge 1 yuan in the fourth quarter. The current stock price is only a single word, and the price-to-earnings ratio is relatively low. It is worth staying in the future. There are more potential stock analysis, which will be shared with readers in the LINE fan club. Welcome to join for free.
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