Take The Robam As An Example To Explore The Value Of Investment Application In A-share Market

In June 2017,the United States' MSCI announced that it will begin to include A-shares in the MSCI Fund Index from June 2018,which means that China's A-share market has finally entered MSCI.The A-share market also sparked an upsurge in value investment.Gree Electric Appliances,Kweichow Moutai and other well-performed stocks have doubled the lead out of the market,therefore,investors have turned to investment these stocks.As soon as investors turned,people who used to chase after going up and kill drop became champions of value investing.But,At present,the A-share market is still dominated by retail investors.It is their nature to chase and sell into the market.The A-share market is the normal state of investors.In contrast,in the mature capital market of the United States,there are many institutional investors,investment focuses more on corporate value,and the stock market continues to be slow,bringing great returns to investors.This article will use the example of The ROBAM that has risen 10 times in the past6 years to explore how value investment is used in the A-share market.Article from the industry level,company performance level,the company management level analysis of the reasons for The ROBAM rose sharply over the past six years,engaged in later analysis of why the boss has the value of investment in the original purchase conditions,with the industry environment,the company's performance changes,The ROBAM appliances encountered Davis double killing,performance decline,valuation of the company fell,and finally use the absolute valuation method to assess the current internal valuation of the boss,to compare with the current stock price to determine whether the boss is currently overestimated.This article through a qualitative and quantitative analysis of the study concluded that: From the results of the fundamental analysis can be seen,the kitchen and electric industry affected by the real estate market,the growth rate of the decline in the industry,leading to lower profitability of The ROBAM,the current stock price is significantly overestimated Should sell.The article uses The ROBAM as an example to show in detail the entire process of buying and selling value investment,and put forward its own opinions on the use of value investment concepts in the A-share market.I hope to provide some inspiration to investors in the A-share market,and I hope to lead more people to participate in value investment.