Good evening!
New portfolio transactions for the month:
16.07.21 +70 stocks of Zynex, 16.63 $
20.07.21 +1000 stocks of Redsun, 4.15 HKD
A report has been released on Zynex, which is generally quite positive, revenue is growing, but the profit forecast for the entire year According to the CEO at the press conference, the company will need about 2 years for sales representatives to become as effective as possible. Now there are 200 stocks in my portfolio, in general I have reached the number that I wanted, we will wait for a positive annual report.
Baozun has sank significantly, the current situation with online education in China does not affect the company at all, nevertheless, credit suisse decided to downgrade the rating by two steps at once, and the stocks, together with all of China, went to annual lows. Now the portfolio is 8.8%, I don’t see any risks for the company, but I won’t get any more. The experience of MOMO is before your eyes, even if it is a completely different story.
This week there was also a Yandex report, here there is similarly decent revenue growth, profit is below expectations due to large investments in e-commerce. At current prices I don’t recommend Yandex for purchase, but I will certainly hold on to my stocks; in the next 2-3 years I should see 10tr. I will definitely review the company based on the annual report.
Current portfolio in Intelinvest (leverage is now ~385k) - https://intelinvest.ru/public-portfolio/210131
Distribution stocks in %
1) TCS - 20.8% (+1%)
2) Times - 13% (-2.1%)
3) KWG – 11.3% (-2.5%)
4) Redsun - 10.1% (+2.1%)
5) Zynex - 9.8% (+3.4%)
6) Baozun - 8.8% (-2.6%)
7) Yandex - 8.6% (+0.5%)
8) Baidu - 2.3% (-0.3%)
9) Zhenro - 2.26% (+0.06%)
10) Aoyuan - 2.09% (-0.31%)
Reports
August 1, 2021