18 GEM Stocks Were Sold At 90 Percent Off &Nbsp; 20 Yuan Less Than Half Of The Stock.

Ninety percent off promotion takes place in the growth enterprise market.

Once the 237.99 yuan Shenzhou Tai Yue (300002), yesterday's closing price is 30.66 yuan; the highest price is 96.5 yuan Jifeng agricultural machinery (300022), yesterday closed at 10.9 yuan......

After losing nearly half a year, does gem stock look cheap?

Yesterday, the "cheap" growth enterprise market.

In fact, all this has just begun.

18 stocks are as low as ninety percent off.

If we do not consider the factors of reinstated rights, gem stock looks really "not expensive".

According to Shanghai financial data, the average stock price of the 221 GEM stocks was 22.87 yuan at the close of Friday's close, which is 1/3 cheaper than their average issuing price of 34.32 yuan.

As many as half of these stocks are below 20 yuan, the cheapest Wanshun stock (300057) and anoit (300067). Yesterday's closing price was only 10.2 yuan and 10.47 yuan.

Moreover, the most popular discount sale in stores is now appearing in the gem.

Compared with the highest price since the listing, a group of GEM companies can be described as "ninety percent off sale".

Last Friday, the 153 GEM stocks listed before the end of last year were all running below the 20 percent off of the highest price.

Among them, Jifeng agricultural machinery, Shenzhou Tai Yue, century Dingli (300050) and so on 18 stocks, closing price is only equivalent to the highest price of more than ninety percent off; and there are as many as 51 GEM stocks, closing price is equivalent to the highest price 2 to 70 percent off.

Fall back to issue price

But these are only superficial phenomena.

The gem of the GEM stocks with high growth clothing is the best tactic.

In particular, more than half of the GEM companies listed before the end of the year were paid dividends.

If these factors are taken into consideration, the bubble of the gem will not be squeezed.

Or at the closing price, after the resumption of power, Friday's close, the average price of the 221 GEM companies actually reached 34.94 yuan, which was basically the same as the initial issue price.

Besides, in other words, the stock market of GEM has only returned to the starting point from the end of the day after the frying and slump, and this starting point is the "three high" starting point of "high price earnings ratio, high issue price and high raise fund" that the market dislikes.

Abandoning gem has nothing to do with stock price.

In the 153 old GEM companies listed before the end of last year, the stock price is still running near the highest price of 3 to 20 percent off after considering the power of reinstated rights, and the discount is an indisputable fact.

The first GEM listed on the gem was 300023, which hit a record high of 56 yuan on the first day of listing.

But after 19 months, the share price of Bao de stock is only 18.3 yuan, which is only 67% off of the first day of listing, which is lower than its original 19.6 yuan issue price.

This is the current stock market, the most discount stocks.

In addition, Jen Shui (300116), Zhongyuan Huadian (300018), Dongfang fortune (300059), network technology (300017), Netac Technology (300042) 5 stocks all hit a new high at the beginning of the listing. After that, the share price went down all the way, and the stock price is only 67% off to 65% off of the historical high point.

"Originally playing high growth, now is through the high pfer to share price.

Never mind absolute stock price. It's just a concept.

"Yesterday, a private person told the Beijing Morning Post reporter that the reason why the market abandoned gem was not related to stock price. It was the lack of imagination of valuation and performance that made the bubble burst quickly.