The Electricity Supplier Accelerates The Old "Successful Business" That Is Good At Opening Stores And Marketing.

< p > recently, the consumption of spun clothing has been rebounding. We have persisted in the previous view on fundamentals: consumption continues to wander at the bottom, and there is no sign of good turn, and it faces a major pformation in the profit model. The rebound is only due to a fall in the share price of the previous period.

The Past National Day golden week is also not good enough. Although it is now entering the traditional peak season of chemical fiber, the demand for viscose staple fiber is still weak, and the price of spandex is relatively stable.

With regard to the 3 quarter results of textile consumption, considering that consumption in the 3 quarter is still in the doldrums, it is expected that there will be no improvement compared with the central newspaper; about a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > a target= "_blank" href= "//www.sjfzxm.com/" > clothing > _blank > manufacturing industry. We believe that under the background of slow economic recovery in Europe and America, the industry will continue to recover weakly on the basis of industry integration.

It has five major values: increasing interaction with customers, expanding online brands, increasing service value, reducing costs and increasing sales.

Or simply speaking, the existence of the network enables enterprises to understand the market changes more quickly and accurately, and at the same time enables consumers to understand the brand and their products more conveniently and comprehensively.

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< p > the emergence of electricity providers can accelerate the aging of the original successful enterprises in opening stores and marketing, and at the same time, the electricity supplier will inevitably generate a large number of new enterprises. They are the source of future bull stocks. Our ideal new business is like this: there are not many shops under the line, the main thing is to provide experiential services; the price of products is high; the evaluation of consumers can be described in one word: "value"; the development of enterprises is all-around, rather than the simple opening of stores now; financial statements, financial indicators are healthy; the success rate of multi brand operation is improved; brand and enterprise mergers and acquisitions increase.

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< p > fourth quarter investment strategy: < /p >

< p > 1) continue to focus on manufacturing leading enterprises benefiting from slow recovery of demand and effective integration of industries; < /p >

< p > 2) there is little room for consumption of spun garments, focusing on high-quality leading enterprises focusing on products.

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< p > the integration effect of printing and dyeing industry is relatively obvious; < /p >

< p > short and medium term, after a sharp decline, the market has made a certain degree of reaction to the performance of the future consumer enterprises, and may rebound in the future; < /p >

< p > medium and long term, we think that the textile and clothing consuming enterprises are facing a major pformation. The era of extensive expansion has ended, and the era of all-round refinement has arrived. Products instead of channels and marketing become the core of enterprise competition.

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< p > investment target: we recommend paying attention to Taihe new material, fuanna, Lu Tai, Huafu color spinning, Semir and other stocks.

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< p > Market Review < /p >

< p > 3 quarter plate rebounded with the composite index rebounded rapidly, clothing, textile and chemical fiber plates recorded 24.37%, 14.04%, 15.54% or 10.66% respectively, while the clothing sector fell 1.08%, while the textile and chemical fiber sector rose 7.99% and 11.57% respectively.

In September, the rise of textile and garment sector narrowed to 5.20% last month (3.80% of Shenzhen Composite Index), of which clothing, textiles and chemical fiber rose by 8.86%, 1.74% and 2.63% respectively.

Spun clothing consumption is mainly a technical rebound.

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< p > risk warning < /p >

< p > we judge the bottom of the 13 year industry, but there is a long and low risk of bottom and recovery, making manufacturing and consumer textile enterprises lingering at the bottom for a long time, thus affecting investor confidence.

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< p > domestic investors do not know enough about the pain of brand decline and the difficulty of brand remolding. They are too optimistic about the opportunities brought by future consumer development to individual enterprises. This makes the valuation difficult to stabilize. Especially after the early fall, the unrealistic expectations of the market have made the rebound in textile consumption increase. However, because of the lack of substantial improvement in consumption and the lack of liquidity in the relevant stocks, investors have little profit.

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< p > textile and clothing enterprises have the possibility of repairing the balance sheet by sacrificing income and loss tables, making the performance lower than expected.

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