Chapter 574 Stud!
At this time, "Kung Fu Panda 2" has been released in North America and the Mainland for two weeks.
North America encountered "Transformers 2" and "Harry Potter 6", and the box office growth slowed down, but the total box office also reached 1.61 million, and it is still not a problem to exceed 2 million in the future.
In mainland China, the number has exceeded 5 million, and hitting 7 million in the future may not be a big problem.
In other parts of the world, "Kung Fu Panda 2" is being released one after another.
The current global box office has reached 3 million U.S. dollars. It is highly likely to exceed 6 million U.S. dollars. Whether it can break the more than 1 million U.S. dollars in the global box office of "Kung Fu Panda 7" is somewhat suspenseful.
Such achievements and expectations are also reflected in the domestic stock market.
The current stock price of Xingchen is around 137 yuan.
Although it is still artificially high, it is also a reflection of the expectations of institutional and retail investors.
It seems that Chinese and American institutions and retail investors have similar views on this good news.
"nonono!"
"is a bit."
There are a bunch of projects involved in the plan.
Such a meeting party also indicates that Summit’s pre-IPO valuation has been locked in at US$40 billion.
Wattsberg wagged his finger and said with a satisfied look on his face, "Lu, you underestimate Abao's brand value."
"Kung Fu Panda Series", "Night at the Museum Series", "Batman 3", "Twilight Series", "Saw Series", "Purge Series", "The Conjuring Series" and original movies "District " and "Superman" Hancock" and several others.
That night, several shareholders of Summit gathered together for a small celebration.
The next day, shareholders and new shareholders gathered together for a meeting party.
Coupled with Wattsberg's current expression, the estimate must be higher than the original forecast of 35 billion.
"With the current financial crisis, how many companies in the U.S. entertainment industry can produce positive brand gains? Besides, there is more than one investment bank on Wall Street."
"You mean bubbles?"
"Farke, why is it so high? Those guys on Wall Street are so greedy, can they agree?"
In this way, the original stock price is completely anchored.
"40 million!"
"Ha, okay, okay, let's pop the champagne tonight?"
However, in order to take care of others' emotions, Lu Ping'an still smiled and guessed: "35 billion?"
"Roads and bubbles are the norm on Wall Street."
"That's still a bit high."
"Okay, how much is that? Don't be too pretentious."
A few days later, Summit released its prospectus.
"necessary!"
In addition to the movie plans, Summit also released the rest of its plans for future development.
For example, global expansion plans such as acquiring distribution companies, independent film companies, and entering streaming media.
Just like in China, it will be as beautiful as you plan.
This is normal for companies to go public.
For investors, just like in China, Summit only needs to continue to stabilize its film and television drama business.
You know, it has been at its peak for three consecutive years, with the annual box office exceeding US$10 billion, surpassing Universal, one of the top six, and approaching fifth place.
At the same time, the profitability is even higher than the third place.
Today, the market value is far less than that of the Big Six, and more of them are actually weak in non-movie-related businesses such as cable TV networks, fashion media, and music.
In the film-related business, Summit's background is small after all. It was founded less than 15 years ago, which is not comparable to the major Hollywood companies that have been established for more than half a century.
But even so, Summit has become the seventh largest in the Hollywood industry and the media.
If it goes on, Summit's film business can still maintain the high-spirited momentum of previous years with almost no failures.
If nothing else, at least in the field of a single movie, Summit's global brand value will be limitless.
Of course, these words are all used to deceive retail investors before listing.
Every listed company will brag like this before going public.
If you don’t brag, how can you attract investors to enter the market, how can the stock price rise, and how can the people on Wall Street get away with it?
Amid the hype, on Monday, August 8th, North American time.
At this time, "Kung Fu Panda 2" had been released in North America for one month, and the box office exceeded 1.85 million US dollars. In the same month after it was released in the mainland, it has already exceeded 6.5 million yuan.
The total box office in the rest of the world exceeded US$3 million.
The total global box office is about 5.6 million US dollars.
The rise in stock prices driven by high box office is no longer very obvious.
Because the benefits have been realized in advance.
The current stock price of Xingchen in China fluctuates between 120 and 140 yuan.
If you want to break through again, "Iron Man 1" may be an opportunity.
Xingchen accounted for nearly half of the investment in "Iron Man 1".
Because there is a relationship of interest, it will naturally affect the stock price.
Just as the release time of "Iron Man 1" approaches.
What is reflected in the stock price is relatively bearish.
This aspect is mainly reflected in the North American market.
On the 4th, Summit ushered in the listing bell day.
Just like the domestic listing, before listing, the original stock price is US$7.2, and will then undergo a call auction before opening.
After a tense wait, everyone at Summit and the new shareholders came to the stage to ring the bell.
Then the market opens.
Initially, the opening price of $7.20 jumped directly to $10.33.
But before everyone could be happy for too long, the stock price slowly fell.
At the close of the day, the stock price stopped dangerously at $7.51, almost achieving the feat of "opening below the issue price."
As for Peak, its performance on the first day of listing was poor.
The agency also provides analysis reports.
The first is that the pre-IPO valuation has skyrocketed due to the success of "Kung Fu Panda 2".
From 30 billion, it rose all the way to 40 billion.
The benefits are released in advance, but the follow-up will naturally be weak.
Another reason comes from "Iron Man 1".
Summit participated in "Iron Man 1". Although its share is limited, the most important thing is that Lu Ping'an, one of the shareholders, is the director of the film.
In the eyes of the majority of investors, this film is not just a matter of a single movie, but also involves the issue of whether it can activate the entire Marvel.
To put it simply, the public's expectations for "Iron Man 1" are no longer based on the success of a single movie, but whether it can achieve the same expectations as "Batman" being resurrected.
Now it seems that the market is generally bearish.
Look at this analysis report.
Hu Qingquan sneered and threw the report on the coffee table.
How could he not know that it was said that investors were negative about "Iron Man", but in fact it was institutions and media that forcibly tied Lu Ping An to this topic.
Also, whether a single movie can be successful or not is basically no suspense for movies directed by Lu Pingan. When has he ever lost?
So instead of making a fuss about this aspect, it is better to tie him to larger issues, such as activating Marvel or something.
In this way, from the perspective of investors, there will naturally be different judgments.
As for the purpose, we can't beat them all to death with one stick.
After all, there are people among them who want to see Lu Ping An suffer misfortune, and there are also people who want to use this matter to suppress the stock price so that they can acquire more institutions.
But overall, Lu Ping An is indeed facing much greater pressure now than before.
But that's it.
Who would have thought that Lu Pingan was really aiming to activate the entire Marvel universe?
So the current situation can be said to be just right!
Hu Qingquan smiled and took a sip of tea.
At this time, Lu Ping'an also came in. When he saw Hu Qingquan, he smiled and asked, "How is Lao Hu? How many shares did you buy?"
"$1000 million, Stud."
"Haha, you're going to give it away this time! Give my son a big red envelope later!"
Old Hu laughed, no need to say this.
Soon, everyone attended the premiere of "Iron Man 1".
(End of this chapter)
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