sbdcsierra Chapter 493: Will Technology Stocks Reverse After The Financial Report Is Released? Thinking Too Muc
Chapter 493: Will Technology Stocks Reverse After The Financial Report Is Released? Thinking Too Muc
Collapse!
During the subprime mortgage crisis, strong technology stocks also collapsed.
Originally it was just a small collapse before.
As a result, it was directly brought to a collapse by the Future Group.
The outside world has also been agitated for this.
Various reports emerge one after another.
for example:
An internal email brought down the stock price of Future Group!
Future Group brings down North American technology stocks!
The market value of Microsoft Corporation fell below the 300 billion meter mark, falling to 280 billion meter.
The collapse of North American technology stocks will intensify the overall spread of the subprime mortgage crisis, and the global financial crisis is completely inevitable.
Future Group caused the global financial crisis!
etc.
at present.
The financial crisis is no longer a matter of one country, but a matter of the whole world.
Before the heat of this matter subsides.
January 10th.
Future Group disclosed last year’s fourth quarter financial report and last year’s annual report.
In the fourth quarter of last year, the company's total revenue was 3.077 billion meters, and net profit was negative 1.57 billion meters. Both year-on-year and month-on-month, there was a sharp decline.
This is especially true for net profit.
Of course.
The reason why net profit in the fourth quarter was negative was entirely due to the large investment in e-sports last year and the large expenditure on three artificial intelligence projects. 02.31 trillion yuan, calculated based on the exchange rate of 7.4 in December last year, that is 1.35 billion meters of gold.
If we exclude this expenditure and the large investment in artificial intelligence, the net profit in the fourth quarter of last year was actually a positive 570 million yuan.
This data is much higher than the 450-520 million meters of gold predicted by the outside world.
It is completely inconsistent with previous rumors that Future Group's revenue and profits in the fourth quarter declined more than expected.
According to the data disclosed in the financial report.
Last year, Future Group's total annual revenue was 17.12 billion meters, and its net profit was negative 779 million meters.
last year.
Future Group has made great efforts in the two projects of artificial intelligence and e-sports.
The artificial intelligence project has an initial budget of 5 billion meters, while the e-sports project has a budget of 1.35 billion meters. The combined budget of the two projects is as high as 6.35 billion meters.
Of course.
This does not mean that 6.35 billion meters of gold will be invested in it all at once, it must be done bit by bit.
But last year, more than 4 billion meters were invested in these two major projects.
If this massive investment of 4 billion meters of gold is taken away and is not reflected in the annual report, then the actual profit of the Future Group last year was 3.221 billion meters of gold.
This number is quite beautiful.
So you can see it.
On the second day after Future Group disclosed its financial report, Future Group's stock price, which had been falling continuously, stopped falling instantly, and then there was a rapid rise.
Many people only reacted at this time.
Although Future Group's revenue and profits declined in the fourth quarter of last year, the magnitude of the decline was not as large as reported by the outside world.
This time.
Countless people were dumbfounded.
Because of an internal email from Future Group, they mistakenly believed that the decline in revenue and profits of Future Group in the fourth quarter of last year exceeded external expectations, and they hurriedly cut the meat.
The result is good, it's really a mess.
Didn't see it.
As soon as the financial report was released, Future Group's stock price stopped falling instantly, and then a large number of buying orders appeared, directly boosting the stock price.
It's predictable.
The power of this financial report will continue for a few more days.
In the next few days, Future Group will definitely become popular among investors.
It is not an exaggeration to describe it as one Yang changing three views.
But those smart investors did not completely focus on Future Group.
at this time.
They have all realized that the collapse of technology stocks in the past few days was a complete mistake by the market.
Future Group’s fourth quarter financial report data exceeded people’s expectations. What about other companies?
then.
These smart investors began to buy stocks of companies such as Guge and Microsoft.
How do you cut the meat, then buy it back.
Although companies such as Microsoft and Guge have not yet announced their financial reports, they took a gamble and first came in to ambush, and then waited for retail investors to enter the market to carry their sedan chairs.
really.
In late January, it was time for listed companies (ccba) to intensively disclose financial reports.
Companies such as Guge and Microsoft have successively announced financial report data for the fourth quarter and full year of last year.
Smart investors made the right bet.
For several days, technology stocks were in a state of excitement, with retail investors chasing after them.
Smart funds, on the other hand, take advantage of the good news to ship, distribute the arbitrage to retail investors, and complete the harvest.
Smart money understands.
The joy of technology stocks is short-lived.
The global economic trend is irreversible, and technology stocks cannot avoid it.
Retail investors thought that technology stocks were going to reverse, but in fact it was just a weak rebound on the news.
January 4, 2008.
Data from the North American Banking Association show that consumer credit defaults have intensified, with overdue repayment rates rising to the highest level since 2001.
January 16th.
Ratings company Moody's predicts SIV bondholders will lose 47% of their assets.
January 17th.
Subprime mortgage losses were so severe that S&P Ratings began implementing new evaluation methods for bond insurers.
Bu Shizhengfu intends to relax regulations on Freddie Mac and Fannie Mae. (One of the leading government-sponsored companies in North America, aiming to develop the second mortgage market in North America and increase home loan ownership and home loan rental income.)
The number of new housing starts in North America in December 2007 fell by 14.2% to an annual rate of 1.006 million units, the lowest in 16 years.
January 22nd.
The Federal Reserve cut interest rates by 75 basis points in an emergency to 3.50%.
This is the largest rate cut by the Federal Reserve since the 1980s, and is intended to reduce the burden on North American companies.
January 24th.
North American New York insurance regulators are seeking to provide $15 billion in financial aid to bond insurers.
January 30th.
The Federal Reserve cuts interest rates again by 50 basis points.
February 1st.
North American nonfarm payroll employment fell by 18,000 in January, the first decrease since 2004.
In the context of the financial crisis, not only the North American government has introduced various measures to deal with the financial crisis, but also Europe, island countries, and cold countries.
These countries, which are closely connected with North America, have become the targets for North America to pass on the crisis.
This is also a consistent practice in North America.
A dead Taoist friend is not a poor Taoist.
Although Lao Mei really wants to pass the crisis onto the Dragon Kingdom and wants to cut the Dragon Kingdom's leeks.
but.
There is no way to wield a sword.
Since the capital account of Longguo's balance of payments has not yet been fully opened, the scale of asset securitization is still in its infancy, and the country has a large amount of foreign exchange reserves, these factors have protected the country from the serious impact of the financial crisis.
Although it still has a great impact, in general, it is not as serious as in Europe and the United States. The domestic economy is still developing rapidly.
No.
While Europe and the United States are in dire straits, China has begun to prepare for the Spring Festival.
This year's Future Group's annual meeting has not been missed, but compared with the grand situation in previous years, this year's meeting will be much cooler.
It's not that Lu Yi doesn't want to do something big, it's just that the landlord's family doesn't have much leftover food. .