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Webb 哥呢個功能好勁

1 : GS(14)@2012-08-07 10:16:08

同他傾下搞個中文版好唔好?
http://webb-site.com/articles/WTRlaunch.asp
Why are we doing this?
No other web site that we know of provides total returns time series for HK stocks, including the reinvestment of distributions such as dividends, demergers (distributions of shares in other companies) and bonus warrants. Distributions are a huge component of the overall market return. This leaves retail investors unable to know what their total investment return would have been over any period, or to fairly compare the graphs of two stocks which have different dividend yields. Instead, all you get is share price graphs, as if the distributions belonged to someone else. The graphs for companies with high dividend payouts can look like they are stagnant or losing money when in fact they are generating very good total returns. Journalists regularly produce tables (particularly at year-ends) comparing share price gains and losses over a period without taking account of distributions, like comparing lychees with kumquats.
Information is the antidote to speculation. It requires a lot of work, but Webb-site has produced the Webb-site Total Returns system to fill that gap.
We are aware that a professional terminal, which costs around US$2,000 per month, includes a total returns service, although we doubt that it fully adjusts for some of the more novel distributions in Hong Kong, such as bonus warrants and warrants attached to rights issues. So even if professionals and academics have access to that system, they may be relying on understated returns.
In the near future, we will link the past and present listed company directors in our "Webb-site Who's Who" database to the total returns during the period in which they were directors, so you can see how the companies they directed performed. We can also do the same for sponsors and auditors - so much fun ahead! Our system covers every HK-listed stock since 1994. Unlike many financial web sites, we also cover stocks which have delisted. On most sites, key in a stock code for a delisted stock and you will find nothing. Coverage of delisted stocks allows you to remove "survivor bias" because you can look at all the stocks you could have bought at any point in time, not just the ones which didn't go bankrupt or get privatised.
To find data on a historic stock, just key in its stock code in the blue bar at the top of any page, and hit "past". For current stocks, hit "current" or just hit your Enter key. If you don't know stock codes, you can look up current ones here and historic ones here.
Raw stock prices and other market data are facts, not creative works, and you cannot copyright facts, but Webb-site Total Returns, like stock market indices, are a creative work over which we sweat and for which we assert copyright. However, we encourage media to quote them freely and academics to use them in research, provided that attribution to "Webb-site.com" is given. Our goal is for Webb-site Total Returns to become the "gold standard" in the same way that students of US stock performance tend to use products from the Center for Research in Security Prices at the Booth School of Business of the University of Chicago.
If you operate a financial web site and wish to enhance your product with Webb-site Total Returns, then contact us for a confidential discussion on terms. Don't your users deserve better? The fees would help support the running costs of Webb-site, which is not for-profit.
...
15 years of the HKSAR
Now to demonstrate the system, let's pick a period of 15 years to 30-Jun-2012, the first 15 years (or 30%) of the HKSAR, which we've all recently been celebrating, or at least commemorating. We will actually use 27-Jun-1997 as the base date, because this was the last trading day before the Handover of sovereignty. So we go to the "Database" link in the navigation bar above, and choose "All Webb-site Total Returns", then we punch in the dates, and click here to see what we get. You can sort the table by clicking on the column headings.

There were only 612 stocks you could have bought on the last ever trading day in the Colony of Hong Kong. Of those, 258 would have made gains over the 15-year period, including those which were delisted, for whatever reason (usually either a privatisation or financial difficulties). On the other hand, 3 were unchanged and 351, or about 57%, had negative total returns - even ignoring transaction costs, you would have lost money in them over the 15-year period. We should note that HK was in one of its market bubbles in 1997, so there is a high base point.
2 : GS(14)@2012-08-07 10:18:30

http://webb-site.com/dbpub/allto ... 2012-06-30&s=tretdn
279,273,412真是1、2、3是倒數那隻，呢度隻隻都有番咁上下

604     1051   O   G-Resources Group Limited   -99.991%   -46.25%
605     0943   O   EFORCE HOLDINGS LIMITED   -99.993%   -46.95%
606     1003   O   21 Holdings Limited   -99.994%   -47.45%
607     1166   O   SOLARTECH INTERNATIONAL HOLDINGS LIMITED   -99.994%   -47.61%
608     0326   O   CHINA STAR ENTERTAINMENT LIMITED   -99.998%   -51.29%
609     0286   O   G-PROP (HOLDINGS) LIMITED   -99.998%   -51.90%
610     0279   O   Freeman Financial Corporation Limited   -99.999927%   -61.01%
611     0273   O   WILLIE INTERNATIONAL HOLDINGS LIMITED   -99.999984%   -64.75%
612     0412   O   HERITAGE INTERNATIONAL HOLDINGS LIMITED   -99.999993%   -66.58%
3 : GS(14)@2012-08-07 10:20:28

http://webb-site.com/dbpub/allto ... 2012-06-30&s=tretdn
吉之島排第十，創科排第9，利豐排第8，東方海外排第7，銀河娛樂排第6，立信排第5，ASM排第4，美麗寶排第3，六福排第二，估唔到南華中國排第一...

1     0413   O   South China (China) Limited   8,672%   34.73%
2     0590   O   LUK FOOK HOLDINGS (INTERNATIONAL) LIMITED   6,616%   32.35%
3   *   1179   O   MIRABELL INTERNATIONAL HOLDINGS LIMITED   5,755%   31.15%
4     0522   O   ASM PACIFIC TECHNOLOGY LIMITED   3,791%   27.63%
5     0641   O   FONG'S INDUSTRIES COMPANY LIMITED   3,058%   25.86%
6     0027   O   GALAXY ENTERTAINMENT GROUP LIMITED   2,449%   24.08%
7     0316   O   ORIENT OVERSEAS (INTERNATIONAL) LIMITED   2,255%   23.43%
8     0494   O   LI & FUNG LIMITED   2,214%   23.28%
9     0669   O   TECHTRONIC INDUSTRIES COMPANY LIMITED   1,998%   22.48%
10     0984   O   AEON STORES (HONG KONG) CO., LIMITED   1,974%   22.39%
4 : GS(14)@2012-08-07 10:22:16

http://webb-site.com/dbpub/allto ... 2=2012-8-2&s=tretdn
今年方面，第一是川盟，第二是友川，第三是華多利，第四是綠城，第五是廣豪、第六是佳景，第七是巨騰，第八是廣藥，第9是利君，第10是高銀地產

1     8020   O   Chanceton Financial Group Limited   467.6%   1,836%
2     1323   O   Newtree Group Holdings Limited   240.4%   709.2%
3     1139   O   VICTORY GROUP LIMITED   230.0%   667.3%
4     3900   O   Greentown China Holdings Limited   156.1%   397.9%
5     0844   O   Grand Concord International Holdings Limited   150.5%   379.2%
6     0703   O   Future Bright Holdings Limited   149.9%   377.5%
7     3336   O   JU TENG INTERNATIONAL HOLDINGS LIMITED   143.4%   356.4%
8     0874   H   Guangzhou Pharmaceutical Company Limited   127.4%   306.4%
9     2005   O   LIJUN INTERNATIONAL PHARMACEUTICAL (HOLDING) CO., LTD.   126.9%   304.8%
10     0283   O   Goldin Properties Holdings Limited   121.2%   287.7%
5 : GS(14)@2012-08-07 10:25:08

尾十的話，第十是神通，第九是中國訊息科技，第8是劉生隻8041，第7金石，第6太平洋實業，第5是太陽隻彩娛，真是頭尾都有，第四是百齡，第3是中國金融租賃，第2是華匯隻136，第1就是乳豬喜尚了

1447     8206   O   China Communication Telecom Services Company Limited   -74.62%   -90.37%
1448     8178   O   China Information Technology Development Limited   -75.79%   -91.12%
1449     8041   O   Luxey International (Holdings) Limited   -81.06%   -94.16%
1450     1380   O   China Kingstone Mining Holdings Limited   -81.14%   -94.20%
1451     0767   O   PACIFIC PLYWOOD HOLDINGS LIMITED   -81.20%   -94.23%
1452     8022   O   TLT Lottotainment Group Limited   -85.96%   -96.50%
1453     8017   O   Long Success International (Holdings) Limited   -86.98%   -96.92%
1454     2312   O   China Financial Leasing Group Limited   -94.43%   -99.28%
1455     0136   O   MASCOTTE HOLDINGS LIMITED   -94.43%   -99.28%
1456     8179   O   Gayety Holdings Limited   -98.00%   -99.87%
6 : fineram(806)@2012-08-07 12:41:06

佢呢d stat. 真係好鬼正.
7 : GS(14)@2012-08-07 14:38:50

如果他肯用象徵式價錢給我搞中文版就好啦...
8 : greatsoup38(830)@2012-08-07 16:45:47

http://thehousenews.com/finance/ ... %E6%8F%90%E4%BE%9B/
回歸15年以來，回報最佳的恒指成份股是那一家？答案是恒發（0097），回報高達588%，第2及第3位也是恒字輩，分別是恒隆（0010）及恒隆地產（0101），第四、五、六位則由公用股囊括，即煤氣(0004)、電能（0006）及中電（0002）。

一般股票機只會提供股價走勢，忽略了股息及公司分拆等對回報的影響，要準確計算股份的投資回報，需要用總回報（Total return），即考慮了股息、拆細、分派子公司股份及紅利認股權證等影響後的股票總回報，若果單單計算股價升值，會對股息高的公司不公平，因為其股價看起來會相對落後，而且公司有大動作，股價的表現都會走樣，令比較兩家公司的回報變得困難。現時專業股票機如彭博有提供總回報的資訊，但月費過萬，一般散戶難以負擔。

獨立股評人David Webb的財經評論大家或者看得多，但其實他的網站Webb-site.com有很多很有用的免費港股資訊，俾錢都買唔到，今日他便推出港股的總回報數據，可比較最多5隻股份的總回報。主場新聞玩過，真係愛不釋手。

今次Webb推出的總回報數據，涵蓋1994年以來的港股數據，連除了牌的股份都包括在內。他還打算，日後會將公司董事與這些回報掛鈎，從而令公眾得悉，有該董事出任的公司的回報表現如何。

為了示範有關功能的運作，他以其網站統計出回歸15年的港股回報，其中恒發因為在2007年底出售了煤氣股權予恒地（0012），而成為恒指成份股王，相反接貨的恒地，回歸15年回報只有0.73%。

至於表現最差的成份股（包括現役及退役），則為南華早報（0583），15年回報負65%，緊隨其後為新世界（0017）的-64%，及中信泰富（0267）的-49%。

想比較過去10年匯控及渣打的總回報，可按此。你會發現「有買貴，無買錯」的神話，早已破滅。
9 : ksw(1423)@2012-08-07 23:13:03

佢最近個SITE好多突破, 正
10 : pars(2406)@2012-08-07 23:24:54

d個功能真係好有用，如果你地攞到中文化黎攪，真係造福人群。
11 : 雪貓(1200)@2012-08-08 00:41:52

依個功能好似早幾日都有，我就係諗住用依D數據去計分
不過WEBB哥可能遲下都整埋添喎
12 : GS(14)@2012-08-08 10:40:54

10樓提及
d個功能真係好有用，如果你地攞到中文化黎攪，真係造福人群。


問左他，希望快D有回覆，如果他肯平平地畀我地改他個系統就正，因為我認為仲有D唔user friendly
13 : GS(14)@2012-08-08 10:41:21

11樓提及
依個功能好似早幾日都有，我就係諗住用依D數據去計分
不過WEBB哥可能遲下都整埋添喎


clcheung 都想緊的野，Webb 都做埋...
14 : GS(14)@2012-08-08 10:41:37

11樓提及
依個功能好似早幾日都有，我就係諗住用依D數據去計分
不過WEBB哥可能遲下都整埋添喎


我都想搞個中文版好耐啦
15 : micho(10404)@2012-08-08 23:40:14

我always 覺得webb哥自己系有個非常完整既system for data mining。放出黎應該系好成熟同距用到熟甚至吾再用既版本。
16 : GS(14)@2012-08-08 23:43:07

15樓提及
我always 覺得webb哥自己系有個非常完整既system for data mining。放出黎應該系好成熟同距用到熟甚至吾再用既版本。


我就覺得他一路整緊...仲未有完的一日，他現在想整到同clcheung弄緊的野差唔多
17 : 雪貓(1200)@2012-08-09 00:56:18

16樓提及
15樓提及
我always 覺得webb哥自己系有個非常完整既system for data mining。放出黎應該系好成熟同距用到熟甚至吾再用既版本。

我就覺得他一路整緊...仲未有完的一日，他現在想整到同clcheung弄緊的野差唔多

其實最重要都係DATA，KEEP到一SET比較完整既DATA
可以放入SAS DATA MINER，都有好多MODEL整出嚟
不過好似套野好鬼貴
18 : GS(14)@2012-08-09 12:36:44

17樓提及
16樓提及
15樓提及
我always 覺得webb哥自己系有個非常完整既system for data mining。放出黎應該系好成熟同距用到熟甚至吾再用既版本。

我就覺得他一路整緊...仲未有完的一日，他現在想整到同clcheung弄緊的野差唔多

其實最重要都係DATA，KEEP到一SET比較完整既DATA
可以放入SAS DATA MINER，都有好多MODEL整出嚟
不過好似套野好鬼貴


但clcheung 那個玩到股權披露同業績，Webb 要追上還有一些時日，但據我所知clcheug件野未來會收錢，因為我上次親自同佢傾過，他是咁講
19 : conandea(16520)@2012-08-10 11:21:54

可以TRACE 到好耐之前既PRICE , 都幾好
20 : GS(14)@2012-08-10 11:30:27

是好正的
21 : provleng(11142)@2012-08-12 15:50:46

clcheung兄那個不知想收多少錢呢?
22 : GS(14)@2012-08-12 15:56:46

21樓提及
clcheung兄那個不知想收多少錢呢?


我都想知，但應該唔平
23 : provleng(11142)@2012-08-12 15:59:45

希望不會貴過quamnet那些.
24 : trader(30981)@2012-08-12 23:49:50

23樓提及
希望不會貴過quamnet那些.


quamnet 那個好用嗎?
25 : provleng(11142)@2012-08-13 04:51:48

我知道佢好似有個要收錢的資料庫,但我無試過.
26 : GS(14)@2012-08-13 08:58:32

25樓提及
我知道佢好似有個要收錢的資料庫,但我無試過.


他那個可以用etnet啦
27 : hopingu(1296)@2012-08-13 09:45:00

413 最高回報是與派發左8155 有關, 之不過佢點計8155 實際收益的數目? 以股票派發日計?
28 : GS(14)@2012-08-13 09:46:23

27樓提及
413 最高回報是與派發左8155 有關, 之不過佢點計8155 實際收益的數目? 以股票派發日計?


他有解釋
29 : GS(14)@2012-08-13 09:46:45

A good example of anomalies is the stock in number 1 position over 15 years, now known as South China (China) Ltd (SCC, 0413). Its total return of 8672% is affected by the fact that in 2009 it distributed shares in another company, South China Land Ltd (SCL, 8155), and on 4-Aug-2009, the last date before the ex-dividend date, the distribution was worth about $1.1128 per SCC share, because SCL was in a bubble. SCC's share price was only $1.18 per share that day, probably because SCC shareholders didn't believe the SCL value would hold up. Consequently the theoretical ex-dividend price for the total return calculation was about $0.067, flattering the subsequent returns. By the time of the delivery of the SCL shares on 21-Aug-2009, it had fallen from $0.30 to $0.195. Such anomalies are fairly rare though, and can work both ways, overstating or understating actual returns. They just reflect the inefficiencies of markets, particularly in small, closely-held companies.
30 : x31294128(46781)@2015-01-05 00:10:00

如果Webb site可以有中文版就真係太好啦
比咩鬼滬港通造益香港市場得多
31 : GS(14)@2015-01-05 23:55:42

我會努力投錢下去做
32 : x31294128(46781)@2015-01-06 02:05:22

greatsoup在31樓提及
我會努力投錢下去做


期待下
呢ｄ野急唔黎，搞好個網先啦smiley
33 : GS(14)@2015-01-06 02:10:11

搞好個網難了，呢個不是理想的討論方式
34 : x31294128(46781)@2015-01-06 02:15:00

greatsoup在33樓提及
搞好個網難了，呢個不是理想的討論方式


新網站嘛
35 : GS(14)@2015-01-06 23:47:25

等陣啦，未搞掂個網，好多問題
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