郭思治: 大市雖初呈回穩信號 但動力方面未見增加
香港股票分析師協會副主席郭思治稱,大市經過上週一輪反彈後,以恆指於上週五(16日)報收在28,004點計,技術上已連續兩天穩收於10天線(27,794點)之上,即是說,大市確已初呈回穩信號,單從形勢上看,由於大市目前已漸升離本月9日之低位26,861點,且亦已成功重越10天線(27,994點),論走勢當有利於再進一步上試20天線(28,297點)及50天線(28,519點),但需留意,大市之成交金額只屬一般,即動力方面仍未見明顯改善,況且,市場之氣氛亦只屬一般,故在動力不配下,擔心大市之升勢會漸受規限。
近月大市呈現炒股不炒市,即部份投機性之短炒資金只會集中炒賣目標股份,不論大市是升或跌,參與度均不會明顯變化,對此,投資者如欲參與其中,切記要了解當中風險,即是說,一旦發現股份於高臺漸呈反覆而回落約5%,便需做好風險管理,準備減磅或止蝕,需知道,投機是存在風險,既屬短炒行爲,當不宜因股價逆轉時而被迫作中線持有,另外,對個別投機成份較重的股份,亦不要抱低溝之心態。
上週五(16日)有多達五隻新股上市,其中表現較突出的是環球新材國際(06616.HK)。由於集團將招股價下調至3.25元,讓股價於首日掛牌有較多上升空間,即把利益讓給投資者。以環球新材股價於上週五一度高見4.25元計,相對招股價爲3.25元,即首日之升幅爲30.7%,相信一衆中籤的投資者均會相當滿意。
環球新材全力發展新型功能珠光顏料,產品的增長主要在逐漸取代傳統有機顏料及金屬顏料,併成爲代替品。可以說的是,集團不是傳統製造業,不是一般化工股,是消費類新材料,未來發展空間極大,尤其是工業塗料、塑料紡織品及皮革、化妝品及汽車塗料等。尤其是後者之發展空間最大,以現價預測業績約伸值市盈率僅15至20倍計,估值實不算貴。
環球新材上週五首日掛牌,股價先高開4.1元,其後再進一步升至4.25元方漸受規限並進入整固之中,日中股價一度輕回至3.8元,而直到下午3時左近計,仍在上述波幅內拉鋸,論表現該屬相當理想,至於交投亦相當活躍,其時之成交股數爲8,370萬股,成交金額爲3.34億元,到接近尾市時略見反覆,最後收報3.7元,惟仍較上市價3.25元高出0.45元或13.84%,即所有認購之投資者均有理想回報
(筆者爲證監會持牌人)~
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