Reborn in Hong Kong as a Tycoon

Chapter 665 Invitation to Cooperation (Two in One)

"I think it's fine."

"Although the current price-earnings ratio of Xinghe Games is not low, it is not too high."

"More importantly, the net profit of Galaxy Games is growing. If the profits of Galaxy Games can increase by a certain percentage this year, by next year, the market value of tens of billions of dollars will not be considered high."

Although Iwasaki Mineryu intended to flatter Lin Baicheng a little bit, but what he said was to the point, at least he thought so.

However, what Iwasaki Mineryu said is indeed reasonable. If the profit of Galaxy Games can reach [-] million US dollars this year, then the market value of [-] billion US dollars will be [-] times the price-earnings ratio, and the price-earnings ratio will be reduced.

Logan Rockefeller listened and said: "If Galaxy Games can continue to maintain a steady growth, the current market value is indeed not too high, and even Wall Street will give a higher price-earnings ratio valuation, but the premise is that the company's profits can continue. maintain steady growth."

"Alan, what is Galaxy Games' performance in the first quarter?"

Phil Smith asked Lin Baicheng. Although he is also a shareholder of Xinghe Game Company, he is only a minority shareholder. Although the company's quarterly and annual reports will be reported to shareholders in advance, it will not be far ahead of the market, at most a few days.

It's late March now. Although there is still more than a week before the end of March, Galaxy Games should be able to have a rough estimate of the performance in March and this season.

"It won't be worse than last year."

Lin Baicheng smiled and didn't say anything specific. After all, he is the chairman of Xinghe Game Company.

If he tells the truth, and then someone here buys the stock of Galaxy Games and makes a lot of money, then it will form insider trading. Once the person who bought the stock is caught by the Securities and Exchange Commission (SEC), then If he got the inside information from him, then he would also be in bad luck.

While the chances of that happening are slim to near impossible, given the high profile people in this room and the unlikely chance of the SEC getting caught, it never hurts to be careful.

"It seems that the performance of Galaxy Games in the first quarter has grown steadily year-on-year."

Claure Rockefeller immediately said that he couldn't help but sigh in his heart, this game maker is really making money, and he can earn more than [-] million U.S. dollars in an average quarter.

The more than one billion dollars earned here is not about revenue, but about the final net profit. This is the scariest part.

"The first quarterly report was released in April. The company's performance increased, and the stock price just soared. At that time, the sales restriction period was almost over, and Wall Street could smoothly reduce its holdings of stocks at a high level. Alan, the boss of a listed company like you is the favorite of Wall Street. gone."

Logan Rockefeller did not say a word, that is, after Wall Street has finished reducing its holdings, the stock price of Galaxy Games will inevitably undergo a considerable adjustment, and retail investors and institutions that enter the market later will be out of luck.

Phil Smith said: "It doesn't hurt to have a good relationship with Wall Street."

"I am the founder of Xinghe Game Company, and I am quite confident in the company's development, so even if the sales restriction period expires, I will not reduce my shareholding for the time being. Even if I want to reduce my shareholding one day, I will not Instead of reducing holdings in the secondary market, the shares will be sold to other institutions through block transactions to minimize the impact on stock prices.”

Lin Baicheng is not planning to reduce the shares of Galaxy Games Company for the time being, and there is nothing he can't say to the outside world, so he will not hide a few people.

Abigail Johnson said: "Mr. Allen, you are the chairman of Galaxy Games. As long as you start to reduce the company's shares, it will more or less have a certain impact on the stock price. The market will worry about whether you will affect the company's development. The lack of confidence is nothing more than the relatively small impact of large transactions."

"That's the truth."

Everyone agrees with this statement because it is true.

Phil Smith said: "However, Allen, your shareholding in Xinghe Games is as high as 59%. It is now 58%. The shareholding ratio is a bit too high. It is better not to exceed half. It is best to take advantage of the stock price When you are at a high level, you can reduce a part of your holdings and reduce your shareholding ratio, which will not only optimize your asset investment, but also share benefits with the public.”

The public here mainly refers to institutions such as Wall Street, not retail investors.

Retail investors, in the eyes of Wall Street and other institutions, are leeks, not capitalists who are eligible to share their wealth with them.

Claure Rockefeller agreed very much: "Smith is right, Allen, you'd better reduce your shareholding ratio in Galaxy Games, so that the company and you will not be prone to accidents."

"Actually, I don't need to tell you about this kind of thing. I don't have the idea of ​​holding more than half of the shares of Xinghe Youxi all the time. When I find an opportunity, I will definitely start to reduce my holdings and reduce the shareholding ratio to 20%. .”

"It's just that I can't find a suitable opportunity. At this time, even if I want to reduce my holdings by a large amount, almost no one dares to take over."

Lin Baicheng knew that what they said was the truth, and it was for his own good to say such things, so he also revealed some of his thoughts.As for the idea of ​​letting offshore companies and funds secretly hold a part of the shares of Galaxy Games, there is no need to tell them.

"That's true, unless you sell Alan at a discount, maybe some organization will be tempted."

Everyone knew that Lin Baicheng was right.

"It's okay to sell at a discount. I still have confidence in the long-term development of Galaxy Games. As long as the company's performance maintains a steady growth, there will always be someone who buys my shares at a par or even a premium instead of selling them at a discount."

Lin Baicheng waved his hand, even if he wanted to sell it at a discount, he would sell it to his overseas company or fund at a discount, and his left hand turned his right hand.

"Let's not talk about this, let's talk about business."

Lin Baicheng changed the subject, but it was almost a small talk, and it was time to talk about business.

"Alan, please tell us the specific projects you want to invest in."

Phil Smith said aloud that he knew someone who was not very clear.

"this is necessary."

Lin Baicheng nodded slightly, and said: "I intend to find some partners to form a TV network, center on one of the TV stations, acquire or invest in other TV stations, and form these TV stations to form a TV network covering most of the United States. "

"The president I found for this TV network company is Barry Diller. He has a wealth of work experience. He is still serving as the president of Paramount, but he will leave at the end of the month to officially join."

"In addition to being the company's president, Barry Diller is also one of the company's directors and shareholders, contributing 10% of the shares."

"It will cost a lot to set up a TV network that covers most of the United States, at least hundreds of millions of dollars. Although I can afford the money, I hope to have more partners to cooperate and share benefits , so I thought of you guys."

"Of course, although the establishment of the TV network will cost hundreds of millions of dollars, it will not cost that much money in the early stage. The total investment in the initial stage is 1000 million dollars, of which Barry Diller has already contributed [-] million dollars."

"Of the remaining 90% of the shares, I intend to give up another 10% to 20% of the shares. Smith, Crower, Logan and Miss Johnson, I would like to invite you to join me in forming the TV network."

"The rest of the shares are held by me, but I will take out 5% of the shares separately as a reward for the management, so as not to dilute the shares in your hands."

"What's more, I know that my nationality has a great influence on the development and growth of the TV network, so when the company needs financing or new partners want to join, I will give up part of the company at the current valuation. After the listing, I will reduce the shares to less than 20%.”

"If necessary, I can only retain 10% or 5% of the shares, as long as I retain one directorship and maintain a certain influence on the TV network, so you don't have to worry about the hidden dangers my nationality will bring to the company. Sexual trouble."

"If you have any doubts about the company's investment, just ask me."

"If you have more professional questions about the development of TV stations and the formation of TV networks, you can ask Barry Diller, he is a professional."

Lin Baicheng told a few people about the situation. Among those present, Anna Nord and Iwasaki Mineryu were not invited by Lin Baicheng to cooperate.

Anna Nord is because she is Phil Smith's wife, and Lin Baicheng has invited Phil Smith; Iwasaki Mineryu is because he is Japanese and has no influence in the United States, only money.

As for funds, Lin Baicheng is not lacking, so Iwasaki Mineryu was not invited to cooperate.

Iwasaki Mineryu also knew it well, so he remained silent as an audience.

"Mr. Allen, how about letting me invest together?"

Anna Nord is different. Although she hasn't decided whether to invest or not, whether she is qualified to participate in the investment is another matter.

"When the company is first established, the risk is usually higher. If Ms. Nord is interested, she can participate in it when the company is ready to raise funds."

Lin Baicheng glanced at Phil Smith and explained aloud.He planned to give up 20% of the shares, 5% each to the four investors, but it was not easy for Smith and his wife to invest 10% of the shares.

Of course, 5% for one person is the best situation. Some people may not want to participate in the investment, so the shareholding ratio will change, and then we will talk about it.

Anna Nord said: "It's true that the risk is high in the early stage, but the return rate is also high. And I haven't decided to invest yet. I just want a qualification to participate in the investment. The Nord family still has some resources and connections."

"Since Ms. Nord has said so, what else can I say, I hope to have the opportunity to cooperate with Ms. Nord."

Lin Baicheng glanced at the others and saw that no one made a sound, so he smiled and agreed.

In the final analysis, the influence of Anna Nord's investment is not too big. After all, Lin Baicheng has no idea of ​​​​holding too many shares in the TV network, and the shares will also be sold later. It doesn't matter if you give up 5% more now.

"Alan, if you form a TV network with you, what is your expected return prospect?"

Claure Rockefeller asked very directly, it is okay for everyone to invest in partnership, but the pursuit of investment is return, and no one will like an investment with no return or a low rate of return.

"The ultimate goal of the television network is to cover the entire United States and become the largest television network in the United States."

"However, I also know that it is difficult. The TV network can cover most of the United States and become one of the most influential TV networks in the United States. It is enough for the company to achieve this step."

"Personally, I think that with the financial support from me and everyone, as well as my personal connections with everyone, and Barry Diller's professional ability, I believe that there is no problem for the TV network to develop into a second-tier TV network in the United States."

"In this way, everyone's investment can at least get several times to more than ten times the return, and this is only a monetary return. As the directors of the company, you can influence the company's decision-making. The media attribute of the TV network can be used in other fields. It will bring richer rewards to everyone, such as politics.”

"Even in my opinion, the monetary rewards are secondary to being able to exert one's influence through a TV network, it can improve everyone's social status, and it can bring you commercial returns elsewhere."

"I think everyone is a smart person. I don't need to explain this too clearly."

Lin Baicheng said enough was enough, some things needn't be said too clearly, if he didn't think clearly when he mentioned this situation, then he is not a smart person, and he is not qualified to be his partner.

No one wants to work with a 'stupid'.

No one here is a fool, even the youngest Abigail Johnson, under the influence of the family, knows the importance of the media and the influence of the media on politics.

Some families who control the paper media may not have too much assets, but they have great influence in the upper class of the United States, relying on the influence of the media on politics and the cooperative relationship with many congressmen.

Iwasaki Mineryu also knows the importance of the media, and even because of the relationship between the United States and Japan, if he can hold a certain share in an American TV network, then his influence in Japan will definitely increase greatly, and he will definitely be able to brought him great benefits.

Thinking of this, Iwasaki Mineryu's heart became very hot, and he began to think about it.He can only open a breakthrough from Lin Baicheng. With the relationship between the two of them being pretty good, plus his dedication, it is not impossible for him to buy the shares of the TV network from Lin Baicheng.

Anyway, Lin Baicheng will sell some shares in the future. Selling to someone is not a sale. Even if he needs to find a strong partner for the development of the TV network, it is not impossible to sell him some shares.

However, since Lin Baicheng didn't invite him, he definitely wouldn't easily sell the shares to him. He needs to pay a certain price to impress Lin Baicheng.

Although Iwasaki Mineryu has thought about it, he will not act immediately. He has to wait for the development of the TV network to reach a certain level, and after he is sure that the TV network can develop, it will not be too late to act.

If he took action and paid a price to buy the shares of the TV network from Lin Baicheng, but the TV network failed to develop for a long time, then he would be dead.

The others continued to ask some questions, and Lin Baicheng also answered them. Since they are invited to cooperate, they cannot be concealed from them.

(End of this chapter)