Reborn in Hong Kong as a Tycoon
Chapter 424
Chapter 424
"Alan, thanks to you, after the trial operation of "Western Cowboy", the response was quite good. Those game hall owners ordered more than 3000 units at once, and now the sales volume has exceeded [-]."
Wade Thomas said very happily that although he only holds 5% of the shares in Zhonghe Game Company, if the company's valuation exceeds 500 million US dollars, then his shares are equivalent to [-] million US dollars. Aberdeen is not a small number.
Before meeting Lin Baicheng, Wade Thomas could only be regarded as a middle-level senior at Goldman Sachs. He was the manager of the Los Angeles branch. Because of Lin Baicheng's relationship, he brought a lot of performance to Goldman Sachs, so he was promoted to vice president.Before that, his annual salary was only 20 US dollars, which is not low, but it is too little compared with the rich.
Therefore, Wade Thomas had the idea of taking a gamble when he invested in Zhonghe Game Company at the beginning. It may be that he did not want to achieve wealth freedom and class leapfrogging through this company.
"It's not bad. As long as there are no problems in the follow-up, the sales of "Western Cowboy" in the United States this year may reach [-] to [-] units."
Lin Baicheng couldn't help but nodded slightly after hearing this. He owns 40% of the shares in Zhonghe Game Company. Of course, the more the company earns, the better.
There is a reason why Zhonghe Game Company's "Western Cowboy" sold only [-] units, unlike Xinghe Game Company, which can sell tens of thousands of units after a trial run of an arcade game.
In Xinghe Game Company, Lin Baicheng’s approach is to sell arcade machines to big agents like Phil Smith, and at the same time place a large number of orders at one time with a discounted price, so agents in each place will place a large number of orders at one time, adding up to light Tens of thousands of arcade machines can be sold easily.
Zhonghe Game Company is different. First of all, the company’s games are currently only sold in the U.S. market. Second, the company’s arcade machines do not have state-level agents, but only city-level agents or the owners of large chain game halls. Or to make more profits.
Foreign sales have not yet been carried out, but the plan is also not to package and sell the game to a large agent, but to divide the region according to the size of the country, and then sell the arcade to several agents, also in order to absorb more more profit.
In this way, although there is no way to get huge profits in a short period of time, the sales time will be longer, but it can absorb more profits, so it is worth it.
After all, Zhonghe Game Company is no better than Xinghe Game Company. Phil Smith and the others can’t guarantee whether the game developed by the company will be popular next time. profit.
Another point is that Lin Baicheng's Xinghe game company chose to hand over the arcade game to an agent in a certain country. part of the interest.
Taking the US market as an example, after Lin Baicheng handed over the arcade machine to Phil Smith, if someone caused trouble, it was Phil Smith who would deal with it, because his interests were violated, and Lin Baicheng didn't have to do anything.
Lin Baicheng has such worries, but the other shareholders of Zhonghe Game Company do not have such worries, so there is no need to give up part of the benefits for this.
Wade Thomas said: "Alan, you hold 40% of the company's shares, and I hope you can pay more attention to the company, and give more pointers to the game development of the R&D department, not to mention the development of "Western Cowboy". A good game, a little worse is acceptable."
"I'll try my best. If I have time, I will go and have a look."
Lin Baicheng didn't answer with all his mouth. He has so many companies, and Zhonghe Game Company is not his own son, so it's normal that he doesn't take him seriously.
Wade Thomas couldn't say anything after seeing this situation. After all, when we started the joint venture company, Lin Baicheng said in advance that he didn't have much energy to focus on the joint venture company.
Lin Baicheng chatted with Wade Thomas for a long time, and when it was almost time to get off work, he invited Wade Thomas to a restaurant to have a meal together.
The next day, Wade Thomas joined the Goldman Sachs team in their due diligence on Galaxy Games, and started a new investigation on Galaxy Games. He wanted to determine whether the revenue and profit data of Galaxy Games were faked or not. that high.
Lin Baicheng didn't care, the arrival of Wade Thomas didn't have any impact on his daily life.
A few days later, Hutchison Whampoa and Sino-Ocean Trading Company officially completed the handover, its foreign trade business was merged into Sino-Ocean Trading Company, and the balance of Sino-Ocean Trading Company was also transferred to Hutchison Whampoa Company.
This transaction allowed Hutchison Whampoa to obtain 9.2 million Hong Kong dollars in cash. Although the company has set a strategy for the development of the pharmaceutical industry, it does not need to invest huge sums of money in the establishment and expansion of pharmacies or the establishment of hospitals. Just invest a small amount of money, and then invest slowly later.
Therefore, in a short period of time, Hutchison Whampoa has a lot of cash, allowing the company to take greater steps in the expansion of the real estate industry, and has sufficient funds to acquire several high-quality land.
However, although Hutchison Whampoa completed the transaction with Sino-Ocean Trading Company and obtained a large amount of cash, the company's stock price is still fluctuating and declining, showing the opposite trend to other stocks that have almost all risen in the stock market.
After all, Hutchison Whampoa rose too much last year. After the company lacked huge benefits, its operating performance could no longer support the original stock price, so it made a correction.
Lin Baicheng didn't care about Hutchison Whampoa's stock price fluctuations, as he said, the temporary rise and fall of the stock price had no effect on him.Unless someone is short, then Lin Baicheng will raise funds to buy bottoms at a certain price and cut meat from short sellers.
It's a pity that after two short-selling failures last year, even if the current stock price of Hutchison Whampoa is in the midst of a correction, no one is determined to short-selling.Speaking of it, it is also related to the market value of Hutchison Whampoa. With a market value of more than 200 billion Hong Kong dollars, without a large amount of funds, it is too easy to be liquidated if you go short, and the risk is too high.
On the 13th, Lin Baicheng received an invitation letter from the Hong Kong government, inviting him to attend a charity fundraising dinner organized by the Hong Kong government on the day No. [-].
The nominal statement is that Xiangjiang has poured in many refugees from Vietnam since the beginning of this year, which has had a very bad impact on social security. The Hong Kong government wants to arrange for those refugees, so it needs to solicit donations from business elites. or maintain social stability.
However, Lin Baicheng didn't really believe that this was a purely charity fundraising dinner. After all, Hong Kong Governor MacLehose had just returned from the mainland last week, so he couldn't help but link the dinner with this matter.
(End of this chapter)
"Alan, thanks to you, after the trial operation of "Western Cowboy", the response was quite good. Those game hall owners ordered more than 3000 units at once, and now the sales volume has exceeded [-]."
Wade Thomas said very happily that although he only holds 5% of the shares in Zhonghe Game Company, if the company's valuation exceeds 500 million US dollars, then his shares are equivalent to [-] million US dollars. Aberdeen is not a small number.
Before meeting Lin Baicheng, Wade Thomas could only be regarded as a middle-level senior at Goldman Sachs. He was the manager of the Los Angeles branch. Because of Lin Baicheng's relationship, he brought a lot of performance to Goldman Sachs, so he was promoted to vice president.Before that, his annual salary was only 20 US dollars, which is not low, but it is too little compared with the rich.
Therefore, Wade Thomas had the idea of taking a gamble when he invested in Zhonghe Game Company at the beginning. It may be that he did not want to achieve wealth freedom and class leapfrogging through this company.
"It's not bad. As long as there are no problems in the follow-up, the sales of "Western Cowboy" in the United States this year may reach [-] to [-] units."
Lin Baicheng couldn't help but nodded slightly after hearing this. He owns 40% of the shares in Zhonghe Game Company. Of course, the more the company earns, the better.
There is a reason why Zhonghe Game Company's "Western Cowboy" sold only [-] units, unlike Xinghe Game Company, which can sell tens of thousands of units after a trial run of an arcade game.
In Xinghe Game Company, Lin Baicheng’s approach is to sell arcade machines to big agents like Phil Smith, and at the same time place a large number of orders at one time with a discounted price, so agents in each place will place a large number of orders at one time, adding up to light Tens of thousands of arcade machines can be sold easily.
Zhonghe Game Company is different. First of all, the company’s games are currently only sold in the U.S. market. Second, the company’s arcade machines do not have state-level agents, but only city-level agents or the owners of large chain game halls. Or to make more profits.
Foreign sales have not yet been carried out, but the plan is also not to package and sell the game to a large agent, but to divide the region according to the size of the country, and then sell the arcade to several agents, also in order to absorb more more profit.
In this way, although there is no way to get huge profits in a short period of time, the sales time will be longer, but it can absorb more profits, so it is worth it.
After all, Zhonghe Game Company is no better than Xinghe Game Company. Phil Smith and the others can’t guarantee whether the game developed by the company will be popular next time. profit.
Another point is that Lin Baicheng's Xinghe game company chose to hand over the arcade game to an agent in a certain country. part of the interest.
Taking the US market as an example, after Lin Baicheng handed over the arcade machine to Phil Smith, if someone caused trouble, it was Phil Smith who would deal with it, because his interests were violated, and Lin Baicheng didn't have to do anything.
Lin Baicheng has such worries, but the other shareholders of Zhonghe Game Company do not have such worries, so there is no need to give up part of the benefits for this.
Wade Thomas said: "Alan, you hold 40% of the company's shares, and I hope you can pay more attention to the company, and give more pointers to the game development of the R&D department, not to mention the development of "Western Cowboy". A good game, a little worse is acceptable."
"I'll try my best. If I have time, I will go and have a look."
Lin Baicheng didn't answer with all his mouth. He has so many companies, and Zhonghe Game Company is not his own son, so it's normal that he doesn't take him seriously.
Wade Thomas couldn't say anything after seeing this situation. After all, when we started the joint venture company, Lin Baicheng said in advance that he didn't have much energy to focus on the joint venture company.
Lin Baicheng chatted with Wade Thomas for a long time, and when it was almost time to get off work, he invited Wade Thomas to a restaurant to have a meal together.
The next day, Wade Thomas joined the Goldman Sachs team in their due diligence on Galaxy Games, and started a new investigation on Galaxy Games. He wanted to determine whether the revenue and profit data of Galaxy Games were faked or not. that high.
Lin Baicheng didn't care, the arrival of Wade Thomas didn't have any impact on his daily life.
A few days later, Hutchison Whampoa and Sino-Ocean Trading Company officially completed the handover, its foreign trade business was merged into Sino-Ocean Trading Company, and the balance of Sino-Ocean Trading Company was also transferred to Hutchison Whampoa Company.
This transaction allowed Hutchison Whampoa to obtain 9.2 million Hong Kong dollars in cash. Although the company has set a strategy for the development of the pharmaceutical industry, it does not need to invest huge sums of money in the establishment and expansion of pharmacies or the establishment of hospitals. Just invest a small amount of money, and then invest slowly later.
Therefore, in a short period of time, Hutchison Whampoa has a lot of cash, allowing the company to take greater steps in the expansion of the real estate industry, and has sufficient funds to acquire several high-quality land.
However, although Hutchison Whampoa completed the transaction with Sino-Ocean Trading Company and obtained a large amount of cash, the company's stock price is still fluctuating and declining, showing the opposite trend to other stocks that have almost all risen in the stock market.
After all, Hutchison Whampoa rose too much last year. After the company lacked huge benefits, its operating performance could no longer support the original stock price, so it made a correction.
Lin Baicheng didn't care about Hutchison Whampoa's stock price fluctuations, as he said, the temporary rise and fall of the stock price had no effect on him.Unless someone is short, then Lin Baicheng will raise funds to buy bottoms at a certain price and cut meat from short sellers.
It's a pity that after two short-selling failures last year, even if the current stock price of Hutchison Whampoa is in the midst of a correction, no one is determined to short-selling.Speaking of it, it is also related to the market value of Hutchison Whampoa. With a market value of more than 200 billion Hong Kong dollars, without a large amount of funds, it is too easy to be liquidated if you go short, and the risk is too high.
On the 13th, Lin Baicheng received an invitation letter from the Hong Kong government, inviting him to attend a charity fundraising dinner organized by the Hong Kong government on the day No. [-].
The nominal statement is that Xiangjiang has poured in many refugees from Vietnam since the beginning of this year, which has had a very bad impact on social security. The Hong Kong government wants to arrange for those refugees, so it needs to solicit donations from business elites. or maintain social stability.
However, Lin Baicheng didn't really believe that this was a purely charity fundraising dinner. After all, Hong Kong Governor MacLehose had just returned from the mainland last week, so he couldn't help but link the dinner with this matter.
(End of this chapter)
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