You are worth tens of billions before you come to the system?

Chapter 185 Conjugated Parents and Sons
At ten o'clock sharp, subscription channels will be opened online and offline simultaneously.

Lin Zitai ended his speech. Unlike other roadshow performers, he opened the subscription channel and encouraged investors at the same time.

Mojin has obvious advantages. It has almost monopolized the domestic functional beverage market and has begun to develop the international market, with initial results.

The shortcomings are also obvious. With a single revenue method, all advantages are based on the premise that there are no similar competing products in the market.

There are half and half pros and cons, and these require investors to make their own judgments. After all, nothing is perfect, and investment requires corresponding risks.

When reporters on the side saw Lin Zitai stepping down from the podium, they immediately gathered around him and rushed to interview him. However, before they even got close to Lin Zitai, they were stopped by security personnel outside the human wall.

They could only hold up their microphones one by one, and the crowd was excited and shouted loudly: "Mr. Lin, is it convenient for you to say a few words now?"

Lin Zitai thought for a while and came to them with a smile on his face: "It's quite convenient now."

"I am a reporter from Caijing.com. I would like to ask Mr. Lin, have you heard anything about the predictions of domestic financial experts?"

Lin Zitai said: "I have been busy with the IPO recently and haven't paid much attention to external news. What did they say?"

"Industry experts generally believe that the final IPO multiple of Mojin Beverage is only 10-12 times. Even if you make a bold guess, it will not exceed [-] times. What do you think of this?"

Lin Zitai looked at the long queue of subscription channels not far away: "I have always believed that the eyes of the masses are sharp."

But the reporter was not satisfied with this answer.

Another person took over the conversation: "Hello, Mr. Lin, I am a reporter from Southern Economic Network. So what do you think the final freeze rate will be after Mojin's four road shows are over?"

Lin Zitai smiled and said without hesitation: "I think the final frozen funds will not be less than 24 times."

The reporters were stunned, then smiled.

As expected of Lin Zitai, with his natural flow physique, he can always create big news for them.

They didn't care whether it was reasonable or not, as long as it was what Lin Zitai said.

Everyone asked a few more questions one after another, and finally left with satisfaction because they got the materials they wanted.

Without controversy, how can there be traffic? Journalism on paper and journalism in reality are completely two different disciplines.

In the blink of an eye, it was 11:10 in the morning, and Duan Yun came to the rest room of the venue excitedly.

Just now, the headquarters sent data to complete the statistics of online and offline subscription funds in the first hour.

It currently reaches 821.57 billion, exceeding 13.67 times and 3.67 times more than they expected.

Based on previous roadshows, it is estimated that the final capital multiple of the Beijing Station after 48 hours will reach approximately 2.2 times the subscription capital in the first hour.

In other words, during Mojin’s road show in Beijing, the final frozen funds will most likely reach more than 30 times the subscription funds.

Lin Zitai smiled: "Manager Duan, please announce the news and update the subscription data in real time."

Duan Yun nodded hurriedly, paused and asked again: "Mr. Lin, the market response is so good, do we need to adjust the issuance price appropriately?"

"We will discuss the specific situation after the subscription of the Beijing Station is completed."

Lin Zitai did not refuse, because during corporate roadshows, if investor feedback is good and the number of subscriptions is large, the issuance price can be appropriately raised.

This is not a price increase, because they have contracted all the issuance rights in three mainland cities to Bank of China at a price of 97 yuan. No matter how much the increase is, it will be additional income for Bank of China.

The main purpose of doing this is to be worthy of the investors who subscribed at the first stop, so that they can already have a feeling of profit before they win the lottery.

At the same time, it can also make latecomers have a sense of crisis, and the price may be raised again at the next stop, so they choose to actively subscribe.

Although the minimum subscription is 1000 shares, it is common for investors to subscribe for tens or hundreds of thousands of shares in order to increase their chances of winning the lottery.

Suppose you win the lottery for 0.2 shares and the issue price is increased by 2000 yuan, which means you have to pay an extra 2 yuan. One hundred thousand shares is [-] yuan.

Not only that, the herd mentality of chasing the rise and killing the fall is applicable to almost any situation.

If the Beijing station subscribes for more than 30 times, which slaps industry experts and scholars in the face, but the next station does not raise the issuance price, it will easily make investors worried.

Is there something wrong with this company, so despite good market feedback, it still maintains the original price for issuance.

Taking into account various circumstances, when a company performs an IPO, if the market feedback is good, it is better to raise the issue price than to raise the issue price at all.

At the same time, the online live broadcast platform updates the subscription funds in real time in the upper left corner of the live broadcast room.

The first digit of the 11 digits that suddenly appeared was eight, and the netizen in the live broadcast room was stunned.

The subscription funds exceeded 800 billion in one hour, and the subscription ratio reached an astonishing 13.67 times.It exceeded 13 times in the first hour, and it was obvious that it was going to exceed 30 times in the end.

Is this the data that a real company’s IPO should have?

After all, unlike Internet companies, physical companies cannot empower products and tell good stories.

On the premise that there is no price increase on the product, the annual sales volume and total revenue can be seen almost at a glance.

If the market is stable, we will earn 100 billion this year, 110 billion at most next year, and the year after that will probably be similar.

It cannot be like an Internet company that loses one billion this year and makes a huge profit of 100 billion next year. Even if it loses next year, it may make a profit the year after that.

There is a sense of expectation and you can use your imagination. Because you don’t know the future, you have almost unlimited overdraft potential.

For example, in the food delivery industry, tens of billions were burned every year during the Thousand Group War, and those who survived in the end could start to harvest merchants, riders, and customers.

For an entity enterprise to be so sought after by investors, only a few multinational monopoly giants can achieve this.

Countless investors who were still waiting on the sidelines went crazy after hearing the news, and rushed into BOC Securities with large amounts of funds.

Just as he was about to click OK to subscribe for stocks, he thought that there must be many people with the same idea as them.

Because during a corporate IPO road show, the higher the subscription ratio at each stop, the lower the chance of winning.

Although the issue price may be raised at the next stop, the probability of winning will also be higher accordingly.

Only 6400 million shares are issued each time in three cities on the mainland, but 1.28 million shares are issued in Hong Kong alone.

Countless investors spent two days conflicted between saving costs and increasing their winning rate.

On September 9, Lin Zitai led the team back to Shanghai to prepare for the second road show.

At the same time, Bank of China Investment also announced the fundraising status of the Beijing Station, the first road show, frozen funds as high as 1952.23 billion, and a subscription ratio of 32.46 times.

The financial community collectively fell silent, and countless experts fell silent. The original prediction of 15 times was said to be grandstanding.

Now it’s 32.46 times. Who the hell could have imagined the data that this physical enterprise should have for its IPO?
It seemed as if they had returned to a few years ago, when they were dominated by Lin Zitai.

If Lin Zitai is long on crude oil, crude oil will rise. If Lin Zitai is long on gold, gold will rise.

In those years, managers who were rivals with him either ran away or jumped off the building.

To this day, although he is no longer involved in the financial world, his influence is still there.

Financial experts no longer dare to point fingers, and at the same time are quietly paying attention to the next few road shows, planning to find a suitable time to subscribe for a large number of shares.

Because the roadshow subscription ratio is not like that of real companies, the increase on the day of listing is definitely not like that of ordinary real companies, which is only thirty or forty points.

Business opportunities that are sure to make money without losing money must be carried out quietly. With one more person, their probability of winning the lottery will be reduced by one point.

In the afternoon of November 9,
Cai Jingzhong, the person in charge of the Bank of China in Shanghai, approached Lin Zitai and hoped to increase the issue price of the stock.

It is recommended to raise it to 99 yuan per share, a one-time increase of 0.525 yuan. If it is too low, I am sorry for the current market situation.

Lin Zitai thought for a while, but did not agree. The one-time increase of 0.525 yuan was too much, so he temporarily raised it to 98.8 yuan.

There will be Yangcheng Station and Xiangjiang Station in the future, and they need to reserve room for issue price adjustment.

There is an obvious difference in perception whether the issue price is a double-digit or a three-digit issue. There is no reason why the issuer of the stock will make the money, but they will bear the infamy.

Ordinary investors will not think that much at all, and will only think that it is Lin Zitai's fault for raising prices.

Cai Jingzhong's persuasion was fruitless, so he had no choice but to agree.

Listed companies and stock issuers have always been in a father-son relationship.

When the company is strong, the publisher is weak.

If the company is weak, the publisher will be strong.

Judging from the current situation, Mo Jin is the father in the cooperation between the two parties.If you get rid of them and wave your arms, a lot of publishers who are willing to be your sons will volunteer.

Although Bank of China Investment is strong, Cai Jingzhong cannot represent the entire Bank of China, but Lin Zitai can represent the entire Mojin.

When facing Lin Zitai, they could only make suggestions, and whether they would adopt them or not would still depend on Lin Zitai's ideas.

(End of this chapter)