Salted Fish’s Self-help Strategy

Chapter 769: Someone wants to acquire Pakistani people again? (2/5)

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  Wait for this young lady to leave, Liu Lu turned back, pouring tea while vomiting: "Yu is me, this young lady is called Zhang She me? Amazing!"

   Her reporting is the form, and the connotation is to inquire about why Chu Yuanxi wants to market in Southeast Asia.

   This kind of thing is not in Liu Lu's business scope. You can not discuss it with Liu Lu, but it is absolutely impossible to hide it from her, because she is now the de facto second-in-chief of well-off. It's just that Xiaokang is still in the initial stage. There is neither a business group nor a complicated organizational structure. It is a project system, and the executives implement precise management of each project. Therefore, there are no plans for the general office, the group staff, and the president responsibility system.

   Therefore, Liu Lu's title is inconspicuous. He is just an executive vice president, but he has great power.

   In this regard, she is quite supportive, and it doesn't make sense to make a wish for officials. Xiaokang is not a big company yet, and it's not time for a big company to get sick.

   The structured organization and adjustment is to make the company more efficient, not the other way around. Because of the large number of people and more businesses, large companies have multiple levels vertically and multiple areas horizontally, making it easier to manage. But how much does this division actually have? Look at Baidu. Have so many internal organizations and committees brought any benefits?

   Liu Lu knows this best. But she didn’t know the meaning of engaging in Southeast Asia: “Well, Chu Yuanxi, it’s usually not because the company has developed to a certain level in the local area, and only when you see the ceiling, then you go out? At least the business has been established and the business logic After the verification is no problem, the extension will be considered. Where can we go? We are targeting the overseas market, isn't it a bit early?"

"Isn't it a little bit earlier, you want to say it's a few years earlier?" Chu Yuanxi looked at Liu Lu's "You still know" expression, and sighed, "Hey, take the Xiaomi you are familiar with. If you considered the Southeast Asian market a few years earlier, it would not be so miserable now."

"What's wrong with Xiaomi? I think it's not bad except for the stock price. The ecological chain is doing very well." Liu Lu said, turning her eyes, "By the way, some of my former colleagues recently asked me Can the Pakistani people sell it?"

   Chu Yuanxi quietly stated two conditions: "50 billion, only cash is accepted."

   Liu Lu heard it, yes, roll your eyes. She was born in Xiaomi and is now Chu Yuanxi's main assistant. From her perspective, as long as the price is good, selling Pakistani people to Xiaomi is a very good thing, and it is good for both parties.

   Xiaomi has always claimed to be an "Internet company", even because it insisted on this statement, it was asked to collapse by the Securities Regulatory Commission, and had to withdraw its application for the issuance of A-share CDR. Why must we persist? Because of the high ceiling, the GoPro of the United States does this, but the Xiaomi of the Chinese dynasty can't do that? Start-up companies at home and abroad use this routine for valuation, and strive to break their own business limits. If they can't open it, they open it verbally.

   Unfortunately, Xiaomi’s Internet service business has never exceeded 10% of its total revenue.

   However, although Xiaomi’s revenue is 170 billion, its total profit last year was only 8.5 billion, which is exactly 5%. If the Pakistani Group is acquired and consolidated, the profit of Internet services is likely to exceed the total profit of other businesses.

   Therefore, a very simple conclusion can be drawn. Although Xiaomi is large in size, its profit is too low to afford Pakistani people, at least it cannot be bought by cash.

The embarrassment of Xiaomi was that it failed to achieve A+H listing, and watched the A-shares, which amounted to more than 30 billion pieces of fat, slipped away, but H was already on the market. It was momentary when it was IPO. If you want to raise funds, You have to follow the rules, so where to find money has become a problem. I never thought that one day I would face a problem...

   This is also one of the reasons why Xiaomi’s stock price has fallen from its peak of 22 to below 9. Rebs probably doesn’t know what makes people who buy Xiaomi’s stock double.

   That’s why Rebs announced in public at the beginning of the year: “Students, maybe everyone feels that winter has come. We are about to face the most severe challenges in 2019, and there is no room for blind optimism.”

But Liu Lu still wanted to grind, because she found that Chu Yuanxi was a very flexible person, and did not have the most common stubborn problem of entrepreneurs, and although the Ba people have greatly improved the well-off, they are not as good as a lot of money. The increase in money is big.

   So if you change to an individual entrepreneur, what? Bargainer? Don't even think about it! But it was really hard to tell Chu Yuanxi. Especially now this point of time seems to be a good time to sell the Pakistani people. After a while, copycat products should emerge in large numbers. After all, Xue Ming's set of black technology is not unrealizable, and he can do it when he has time and resources. Chu Yuanxi was brave enough to eat crabs.

   Her question is: "Why do you have to have cash? Equity mergers and acquisitions + part of the cash is not good? It can be estimated higher."

"If it is high, I will lose heart. If it is low, I will not do it. The key is that Xiaomi's share price is not good." Chu Yuanxi does not want to grind this matter. M&A must have a premium. For example, Chu Yuanxi's valuation for Pakistani people is 30 billion, but others have to connect the pot, I'm sorry, 30 billion is definitely not sold. But no matter how high it is, it's a pitfall, and it's still the real boss Rebs.

"Oh, don't you understand the stock market? This is called oversold, and the price is seriously undervalued. It is a high-quality stock that has been mistakenly killed. It is the time to buy~www.ltnovel.com~Liu Lu hates her Xiangjiang Exchange. Account, "I bought some more recently. Xiaomi's net profit last year was 8.5 billion, compared with 5.4 billion the year before, an increase of more than 50%. Does this group of stock traders not look at the financial report? "

   Chu Yuanxi covered his face and found that the company has more leeks, which are very rough and worthy of cutting. "Sister, these stock traders are more sober than you if you don't look at the financial reports. The valuation of your Xiaomi listing is not based on financial reports. It depends on storytelling? Now that mobile phones can't sell, the story is not easy to tell. "

   Not only is it difficult to say, but Xiaomi also pays too much attention to market value management. In order to boost the stock price, it has made 21 stock repurchases in a row after only half a year after listing, and it simply regards the stock price as its life. This is typical of being dragged down by the market, and all energy is being dragged down by market making. How much mood is still in the production of skins?

   But what Liu Lu saw was not like this: "Who said that there is no story? The story of Xiaomi has just begun, OK? You are too unobjective. Didn't you hear Rebs say you want AllinIoT? This story is not good?"

Chu Yuanxi covered her face again and put on one of the most commonly used expressions in WeChat: "I have been telling stories about IOT for several years, and no one understands it. And the IOT you mentioned is not a major home appliance of the Mi family, right? Xiaomi’s operation is almost the same as GoPro’s use of drones back then. I rely on! This is too wise. I should give you a copy of the interview questions I gave my new assistant."

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