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Even traditional blue-chip stocks can't hold on anymore? A certain beverage giant has just officially announced plans to spend 1.5 to 3 billion to buy back its own shares.
Looking back over the past few years, in 2021, the liquor sector skyrocketed, with the China Securities Liquor Index reaching a peak of 21,000 points—what about now? It's more than halved, with a decline exceeding 50%. More intuitively, the market price of the Feitian series has already fallen below the 1,600 yuan mark, with stock prices fluctuating between 1,400 and 1,500, as if grinding on concrete.
The shareholders' meeting has just concluded, and the repurchase news was released in the evening. But the question arises: with a funding size of less than 3 billion, in the face of such a market downturn, can it really provide support, or is it just a symbolic way to give the market a shot in the arm? Pessimism is something that sometimes cannot be easily resolved with money.
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Baijiu has fallen from heaven to hell, buybacks can't save the overall trend ah
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It's the same old trick, do retail investors still fall for it?
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Feitian has dropped from sky-high prices to this, I see it as a dilemma
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Rather than buybacks, how about thinking of ways to innovate, still relying on old methods in this era
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Facing this situation with 3 billion, it's really a "placebo" level operation
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After the shareholders' meeting, they throw out buyback news, the smell is a bit strong
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The baijiu zone hasn't touched the bottom in the past two years, dare to catch it?
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The problem is not about having more or less money, but this industry itself needs to reflect
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Can buybacks stop the bleeding? I remain skeptical.
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I really can't hold it anymore, from 21000 to now, how painful this is.
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As soon as the shareholders disperse, they announce a buyback, I've seen this operation too many times... the market has eyes.
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Instead of buybacks, why not think about how to sell the wine, that's the right way, right?
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3 billion to match such a drop? A drop in the bucket, brother.
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The fact that Feitian has fallen below 1600 is the real problem; a rebound in stock price is useless, product strength is the king.
This repurchase is just a fig leaf, the real problem is that the entire ecosystem of baijiu has changed.
Feitian has fallen from sky-high prices to this point, it should have woken up long ago, just shouting slogans is useless.
Can having more money save the market? Laughable, pessimistic sentiments can't be cured with money.
Speaking of which, blue-chip stocks are also starting to bail-in, the market indeed has reached a position.
These people always want to press things with money, but the more they press, the worse it gets.
It looks urgent, but burning this 3 billion is just about that.
Just shouting buyback is useless; someone has to catch a falling knife.
From 21000 to now, still thinking about stopping the fall with a buyback? Too naive.
This round of liquor stocks really can't go back, market confidence is shattered and harder to repair than stock prices.
Rather than buyback, think about how to innovate; just relying on financing tricks has become boring.
3 billion in the face of this drop is just a drop in the ocean; do you really think retail investors are foolish?
After the shareholder meeting, immediately announce the buyback; I've seen this operation too many times, it's always like this.
This is ridiculous, throwing in 3 billion can create what kind of waves, it's time to recognize reality.
The 1600 ceiling has been broken, what does that indicate... everyone is running away.
Rather than buybacks, it's better to think about how to sell the product; just throwing money is useless.
From 21000 to 50% Slump, the story of liquor can’t be told anymore, right?
Honestly, the buyback trick is overused, and the market is not stupid.
Everyone is in the whipsaw stage, yet pretending to be tough here.
The stock price fluctuates around 1400, how painful must that be?
Saving the market, saving the market, saving the market every day, when will it end?