Chapter 115 Good Stocks, Good Prices
Lin Menghan's eyes flashed with a deep light, which shone straight through and asked, "Li Feng, did you come to S City because of the car accident that year?"
"Hey, how could that be?" Li Feng covered up. "I just came over to help out. The finance department here is short of people."
Li Feng said casually.
But as soon as he finished speaking, he realized that he had let the cat out of the bag.
Previously, when he was in City B, he said that a colleague was getting married, so he came to City S. He couldn't help but smile awkwardly.
After hearing this, Lin Menghan smiled sweetly and said with some pride, "I knew that you could fool Xinyue, but you couldn't fool me. I heard Xinyue say this, and it seems quite dangerous."
"How could that be? You're overthinking it. Where are you working?"
"I quit. I'm worried about you." Lin Menghan's eyes were filled with deep worry, which cast a shadow over Li Feng from afar, making him feel touched.
In order to accompany her south to find her true dream, Lin Menghan not only traveled thousands of miles, but also quit her job.
This friendship is really too heavy.
It's too heavy for me to bear.
Li Feng felt as if his heart was entangled by something, and no matter how hard he struggled, he couldn't get out.
He tried hard to calm down, turned away, changed the subject, and said:
"Hey, if I'm not mistaken, you must have applied for this job? It's just right, let me introduce you to my two old colleagues. Look, this is Guo Yunpeng, this is Lu Hui..."
Li Feng introduced them one by one.
"We all know each other." Lin Menghan walked over slowly and stood next to Li Feng.
The two of them, one is heroic and spirited, the other is handsome and imposing, they are a perfect match made in heaven, and Lu Hui and Guo Yunpeng couldn't help but praise them in their hearts.
Lu Hui took a look and started to jeer, "Hey my... Li Feng, you just came and you want to kidnap the beautiful lady who just arrived in our Finance Department!"
Guo Yunpeng patted his shoulder and said, "Don't be so silly, can't you see? Li Feng and Miss Lin knew each other before. This time, Li Feng came here to do that thing, and Miss Lin was worried, so she came over to keep an eye on him."
Speaking of this, Guo Yunpeng and Lu Hui felt a chill in their hearts and their expressions became solemn.
That year, Li Feng's car accident shocked the entire newspaper, alarmed the entire S City media circle, and even affected several powerful departments in S City.
Unfortunately, the incident happened suddenly and the perpetrator had planned it in advance. By the time the police arrived, he had already fled.
Although, the newspaper has been following up on the matter since it reported the case to the police.
However, since Li Feng remained in a coma, the matter became an unsolved case.
This time, after Li Feng woke up, he came to the newspaper office again. Anyone with a discerning eye knew that he came for the old case.
"Li Feng, don't worry, we all support you!"
Lu Hui walked over, patted Li Feng on the shoulder and said.
He is thirty years old this year and graduated from the Chinese Department of S City University. He has a straightforward personality. He and Li Feng interned and worked in the newspaper together. They can be regarded as old colleagues who know each other well.
"I heard that this matter has made some progress. Li Feng, I will definitely give you justice this time." Guo Yunpeng is the director of the Finance Department, and he always has more gossip than others.
Li Feng felt warm in his heart as he looked at his two old colleagues. Even after not seeing each other for several years, their friendship remained unchanged. In this materialistic world, this kind of friendship was rare.
"That matter won't be resolved until two days later. Let's talk about work first," Li Feng said, pointing to the computer. "Editor-in-Chief Jia just asked me to do some special reports."
"Hey! Those who are capable should do more work... Back then, you created a brilliant achievement of publishing a major topic every day for five consecutive days. No one has broken it to this day. Let me tell you, every time Editor-in-Chief Jia conducts new employee orientation, he uses this as a typical case study to bluff those newcomers who don't know their place. They're left stunned, hahahaha..."
When Lu Hui talks about work, he can't stop talking.
"I remember that you didn't sleep for three consecutive days, holding a laptop and working for a full 72 hours..."
Guo Yunpeng added.
Hearing this, Lin Menghan's eyes fixed on Li Feng's figure again, and her vision unconsciously became hazy. The more she looked, the more she felt that Li Feng was like a thick and mysterious dictionary, which she could never finish reading. She had been deeply attracted to him.
Can't help myself.
"A hero never brags about his past achievements. Sigh - that incident, it's better not to mention it - ah -" Li Feng sighed several times. The report that year was about the 5.12 earthquake in 2008.
Countless lives were destroyed by the turbulence of nature.
Every time he thought of it, he felt heartbroken.
Lu Hui also reacted and said, "Today is Monday. As usual, the 135 financial edition is going to be published. It's not easy for you, Li Feng, to come here once. You must do at least two special reports to make up for the week."
"There's one for the stock market and one for the real estate market," said Guo Yunpeng, a veteran editor who reacted quickly. "Li Feng, you'll be in charge of the stock market. I heard you've been writing a stock commentary column in City B. Lu Hui will be in charge of the real estate market."
"No problem," Li Feng said, instantly getting into work mode when talking about work. He continued, "As for the stock market, how about we write a 'Stock Market Crash Rescue Roadmap'? It would have both historical and educational significance."
"Great!" Lu Hui praised.
"Very good!" Guo Yunpeng also agreed.
Li Feng turned on his computer, and all the information he had accumulated from stock trading in the past came into his mind. His inspiration flowed like a stream, and in less than an hour, the 4,000-word manuscript was completed.
"Done!" Li Feng stretched his waist to relax his tense muscles and nerves.
Next to him, Lu Hui had just begun writing a special report on the real estate market. He turned around, his eyes filled with disbelief, and said, "So fast?! Li Feng, tell me the truth, did you already have a draft ready before you came here?"
"Let me review the manuscript first..."
Guo Yunpeng retrieved Li Feng's manuscript from the OA system, quickly reviewed it, and couldn't help but praise it. "What a great manuscript! Not only does it clearly describe the causes, development, and end of the bull market, it also neatly lays out the rescue plan. More importantly, it also provides investors with an analysis of how to operate in the future market."
Lu Hui also pulled up the manuscript and looked at it. After a moment's hesitation, he said, "Li Feng, can you help me look at a stock? Can I buy it?"
"What stocks?"
"CRRC."
"CRRC? Why do you want to buy this?"
Li Feng opened the K-line chart of CRRC Corporation Limited, which was formed by the merger of China South Locomotive and Rolling Stock Corporation Limited and China Northern Locomotive and Rolling Stock Corporation Limited. The high point was 35.64 yuan after the resumption of trading. It first fell to around 18 yuan in the first round of stock market crash, and then fell to around 12 yuan today when the market bottom was being forged.
The performance is average, the price-to-earnings ratio is more than 40 times, and the dividend yield is 0.7%, which is almost negligible.
Li Feng looked at Lu Hui, his face full of confusion.
Lu Hui coughed and explained, "I bought CNR at 12 yuan before the New Year. After the New Year, it was reorganized into CRRC. The stock market crash dragged it down, and I sold it for 18 yuan. These past few days, I saw it was trending well, so I wanted to buy some more. Look, it's had six consecutive bullish candles. The day before yesterday, it bottomed out, and today it closed with a new low. It's time to choose a direction. I think it will rise!"
After hearing this, Li Feng suddenly realized and felt speechless.
If I remember correctly, Lu Hui has been a stock investor for seven or eight years and has also worked in financial media for a long time. However, I didn't expect that he was still stuck in the trap of price speculation and couldn't extricate himself.
Li Feng thought for a moment and said, "Lu Hui, I personally recommend that you avoid price speculation and instead invest in value. This is the only way to achieve stable compound interest."
"Isn't my CRRC a blue-chip stock? Is this also a value investment? Look at the industry it's in, it's number one in China, with a monopoly position. And then look at its global rankings, it's number one in every metric. Isn't this a value investment?"
"A good stock needs a good price," Li Feng said. "Two years ago, CNR and CSR, trading at just two or three yuan, were considered good value investments. But now their price has soared to 12 yuan, and their PE ratio has reached over 40 times. Crucially, they're already as big as they can get. They're already number one in the world, so how could they possibly be number one in the universe?"
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