Strengthen Industry And Equity Investment Simultaneously
Last year, the group of seven wolves gained billions of investment income by holding about 80000000 shares of Societe Generale Bank, and created a wealth myth.
For a time, equity investment in Quanzhou's private sector of the economy struck a thousand waves.
Yesterday, the first "Jinjiang Post Doctoral Forum" was held. Mr. Chen Xinwei, vice general manager of the seven wolf Group Co., Ltd., Xiamen University finance professor, taught the idea and practice of equity investment, and shared the experience of investing and financing of seven wolves in Jinjiang business community.
Doing well in industry: Eternal core competitiveness
In an article recently published in BusinessWeek, the United States publicly mocked YOUNGOR's "not doing the right thing", and pointed out that the investment income of listed companies based on stock investment accounted for the majority of the total profits, which was very frightening, and pushed YOUNGOR to the cusp of the storm.
There are many similarities between the seven wolves and YOUNGOR in terms of industry status and development pattern.
The so-called equity investment is the development of industry to a certain extent, with more abundant surplus funds to carry out some cross industry investment.
But equity investment is not simply diversification.
Chen Xinwei pointed out that in the era of industry and investment dances, the two can be effectively combined, equity investment can bring a leap to industry, and industry is a supporting platform for equity investment.
Therefore, the development of the seven wolves group can be divided into two directions: seven wolves industrial Limited by Share Ltd and seven wolves investing in Limited by Share Ltd.
Based on the above understanding, seven wolves regard equity investment as a good way to maintain and increase the value of surplus capital, and "industry is always the core competitiveness of enterprises". Although the seven wolves also cut into the real estate, shops and financial investment fields, they have not given up the clothing industry, but have been more focused. The capital raised by the capital market is mostly used for upgrading the clothing industry and building the terminal channel.
When the stock market fell from more than 6000 to more than 3000 at present, the price of the seven wolves rose in May 9th. This is the result of "seven wolves focusing on the main business, and also the society's recognition of seven wolves", Chen Xinwei said with relief.
Investment decision making: scientific and fast is the key.
The seven wolves hold 2.14% of the circulation A shares of Xingye Bank, becoming the ninth largest shareholder of Xingye Bank.
This myth may continue to be staged, but when it comes to the experience of seven wolves in equity investment, Chen Xinwei first took a dose of "prevention".
He believes that the relationship between the equity investment body and the invested enterprise is a phased marriage. Through the legal relationship of equity investment, equity investment will eventually be withdrawn, no matter whether long or short, and no retreat is a failure investment, so we must take into account the exit time, exit mode and exit threshold before entering.
"Investment projects waiting for you to make decisions slowly will not be good projects. Fast and efficient investment decision-making process is the key."
Chen Xinwei said that once there was a huge investment project of 300 million yuan, the seven wolves used only 24 hours from knowing the information to the paction, and the return that they brought was very impressive.
At the same time, Chen Xinwei also pointed out that rapid decision-making is not "patting head" but based on scientific and rational decision-making process.
The seven wolves purchase the stake in Societe Generale Bank is the long-term concern of the wolves to the banking industry. The former chairman Zhou Yongwei came from the background of banking industry. He had a good understanding of the characteristics and profit pattern of the industry, and made a quick response after making an accurate valuation report by in-depth study of the team.
High yield is accompanied by high risk.
"Just like buying stocks, you are not afraid to buy expensive ones, but you are afraid of getting the wrong ones."
Chen Xinwei said that in the risk control of equity investment, it is better to give up investment opportunities for uncertain projects, and to have patience in risk control. "Negating a project is also an important investment."
Equity investment faces a real contradiction: one billion, funds can not be made into ten one hundred million yuan businesses, and scattered funds will lose their scale advantage. For an enterprise, its investment must be scattered and eggs cannot be put in one basket.
Chen Xinwei believes that joint investment is a good way to take the strategy similar to PE (private equity), which is what they will do next.
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