Extended information (introduction)
About Daqin Converting Debt:
1. The company will not go bankrupt.
2. For at least ten years, the company has no shortage of business and sufficient cash flow.
3. The dividend yield will be around 7% in the next few years, which can effectively reduce the cost of convertible bonds.
The stock price is obviously at a low level at present.
Big money likes volatile sectors, so there are more opportunities for harvesting, so Daqin, a cash cow, is not favored by them. From the perspective of long-term investment, buying Daqin shares or convertible bonds will basically not lose money.
I used to hold 50 shares, but I added 50 shares in order to meet my debts. Now it seems to be less, and I regret it a little. If Daqin convertible bonds are listed and broken, I will not hesitate to buy them. As long as it falls below 100, I will buy it unless there is a big problem in the company.