In addition to electronic stocks with strong growth potential, many traditional industries are also profitable. CHMER Electromechanical, which produces electrical discharge processing machines and wire cutting machines, also paid an after-tax profit per share last year. Pure benefit seven. The brilliant result of 38 yuan was higher than the 6 yuan the year before. Eighty-nine yuan made further progress. Wang Wuxiong, chairman of CHMER Electromechanical, has a technical background and has been engaged in the machinery industry for more than 40 years. He is a typical Taiwanese small and medium-sized enterprise owner who is hard-working and hard-working. In particular, CHMER is one of the very few who can develop the heart of machine tools on his own - The Taiwanese manufacturer of computer controllers keeps its gross profit margin above 30% year-round.

CHMER has a strong family background, and its shareholders are either members of the Wang family or employees. Liu Yang, currently the chairman of Zhiyang Plastics, is one of the few external shareholders. He has invested for five years. In May 2001, when CHMER was releasing shares in preparation for the stock market listing, he had the opportunity to invest because he and Wang Wuxiong were neighbors and friends for many years.

Liu Yang said that the Taiwan stock market was also quite depressed at that time, but because he believed that Wang Wuxiong was one of the few down-to-earth operators, and he had some experience in the electrical discharge processing machine industry, he knew that this industry had a lot of potential. The technical threshold is high and the prospects are definitely good, so I did not hesitate to spend more than 1.5 million yuan and buy 60 stocks.

Based on Liu Yang’s many years of experience in the industry, he believes that Wang Wuxiong is “picky” in product research and development. In addition, CHMER has always operated debt-free, and its financial The structure is extremely excellent. Although it is not as explosive as some technology stocks, it is absolutely no problem to grow steadily every year.

The products produced by CHMER are of high quality and low price. In the past five years, as the global market share has continued to expand, revenue and profits have grown year by year. Liu Yang’s investment costs in that year were just three months a year. To three. With a cash dividend of five yuan, more than half of it is recovered. "Especially because CHMER's tax deduction is high, we can save a lot of tax when filing taxes every year!"

Liu Yang believes that at the current price of about 50 yuan, the cash dividend return rate is about 7%. The performance growth is pretty good and the boss is operating in a down-to-earth manner. He said with a smile: "Buy with confidence and put with peace of mind!"

Data source: No.490 2006.05.15 Today's Weekly