As the rumor that Yixing Media Group borrowed money from Tianzhou Online spread rapidly, the popularity index of Tianzhou Online stock continued to soar. By the evening of that day, its popularity index had soared to the top ten positions in the stock popularity lists of the two cities. .
And it continues to rise, which shows that more and more investors are paying attention to this matter.
Backdoor listings and asset restructuring can be said to be the biggest good news for a stock in the large A-share market. This is also one of the reasons why many junk stocks will have funds after they reach a low enough position.
Because under the current market mechanism of Big A, no matter how rubbish the stock is, it has value, at least the shell has value.
Once the assets are reorganized, the pheasant can turn into a phoenix in seconds, and from then on, he will become a handsome, rich and beautiful person.
Fang Hong also paid attention to this news. What is certain is that this so-called rumor is not gossip spread by Qunxing Capital.
It is impossible for Qunxing Capital to do this, because the height that Qunxing currently stands at does not allow it. To put it bluntly, the archway is more important and the reputation is more valuable.
However, Qunxing Capital did not do this, which does not necessarily represent the major partners responsible for market making. Major capital institutions such as Zhongtai Capital and Perennial Capital will not do this. Moreover, this news is very different from the actual situation. It is said that it has low emotional intelligence. It's just fake news.
Because the real backdoor listing was Yixing Video, an independent subsidiary of Yixing Media Group, not Yixing Media Group.
The gap in asset size between the two is very large.
How big is it? There is at least an order of magnitude difference between Yixing Media Group and Yixing Video.
Yixing Media is a large cultural and entertainment group. Its subsidiaries include not only brokerage companies, production companies, record companies, theater companies, distribution companies, etc., it almost has a complete set of independent and complete entertainment industry chains. system.
Even Yixing Video itself is a subsidiary of Yixing Media Group. It is just an Internet online streaming video website and an Internet company.
Today, Yixing Media Group's total assets have reached 120 billion, making it one of the top super giants in the domestic entertainment industry.
Not to mention other things, Yixing Media Group alone holds the online broadcast copyrights of hundreds of thousands of film and television dramas. Based on the billions it spent previously to buy them, this is equivalent to the asset scale of the entire Yixing Video.
That's right, those hundreds of thousands of online film and television copyrights are not in the hands of Yixing Video, but in the hands of the parent company. Yixing Video has only obtained authorization.
Judging from the income statement, Yixing Video is currently in a state of high losses, with a debt ratio of over 55%. The funds needed for Yixing Video's current development are not through equity financing, but through debt financing.
There is a big difference between these two financing methods.
The company does not have to repay the money raised through equity financing. It gains the value of the equity in the hands of shareholders. On the contrary, it depreciates and loses money, and shareholders pay for it.
The company must repay the money raised through debt financing, and must repay the principal and interest to creditors when it matures. As for why Yixing Video can raise funds through debt financing in the capital market, and why investors are willing to borrow, Of course, there is a guarantee from the parent company Yixing Media Group.
In fact, Yixing Media Group is actually a matryoshka-style model. It also uses debt financing. Why are investors willing to borrow? Of course, there is a guarantee from Qunxing Capital, the parent company of Yixing Media Group, to back it up.
That’s why investors dare to borrow money without worrying about earning a little interest and losing their principal.
Going all the way back to the source, it is still supported by the strong credit and strength of Ultimate Dad Qunxing Capital. These days, no one cares too much whether a son is smart or stupid. The attitude towards him mainly depends on his father's background and how much energy he has.
The truth of the world is that context matters.
The truth is the same. Now Qunxing Capital has grown into a behemoth in China, especially with the strategic investment of five major Guojia team institutions at the beginning of this year.
In the eyes of investors, Qunxing Capital's credibility and strength are directly rewarded.
…
As the news spread, investors were discussing how high the target price would be once Tianzhou Online's restructuring was successful.
As of now, the market rumors are still that Yixing Media Group is a backdoor sheller, not Yixing Video.
The bullets continued to fly.
In the evening of the same day, the secretary to the board of directors of Tianzhou Online responded to inquiries from shareholders and netizens and stated that people from Yixing Media Group were indeed in contact with the company’s senior management.
The secretary-general didn't lie. It was indeed true. The person who came to talk was a senior executive of Yixing Media Group.
To put it another way, even if the information is disclosed in violation of regulations, the maximum penalty is three drinks, and the full fine is 600,000 yuan.
This news excited stock investors, especially the holders of Tianzhou Online. There were still people discussing it in the comment area most of the night.
[Niubi Niubi, the secretary of the board of directors has already said it. It seems that the rumor of backdooring is true. ]
[It’s stable, the flat board will be properly sealed tomorrow, the door has been welded shut, the digital board is securely seated, and we will take off directly tomorrow! ]
[He lost 30 points of blood and cut his flesh and died before dawn. His mood was gone for a whole year. ]
[I bought the bottom at 8.5 and ran away with a profit of 20 points. I was still complacent at the closing time. Now I have broken my thigh and lost a lot of money on a super bullish stock that has doubled. ]
[So, how much can Tianzhou Online rise in this wave? ]
[Think about the time when Weibo borrowed money from Dasheng Culture, and the resumption of trading started with three or four times. In one year, it skyrocketed from 6.52 to 241, 36 times in one year! ]
[I sold it today. The more I think about it, the more heartbroken I am. I’m so angry! ]
[Don’t beg for trouble, Weibo is an Internet company, and Yixing Media is a cultural media company. The media sector’s P/E ratio is about forty or fifty times. Internet companies’ P/E ratios can be hundreds of times. Can this be the same? ]
[I just searched and found some information about Yixing Media Group. The company's current asset size is more than 120 billion. Based on a valuation of 100 billion, Tianzhou Online's current stock price is 10.39 yuan, with a market value of just over 1.9 billion. , to 100 billion... Damn it, there must be a 51-fold increase? I don't know if this is correct. ]
[Up 51 times? Damn it, isn’t that even more exaggerated than Weibo? ]
[Definitely want to increase shares! ]
[More than fifty times is too outrageous and exaggerated, but ten times is definitely stable. ]
[No matter what, the people in the car must have made money by lying down, and envy and jealousy made me feel separated. ]
[Jealous...]
[Hao Cao Cao Cao, why are you reading the market today? Why are you selling? I really want to chop my hands off. ]
[My brother bought the bottom of Tianzhou Online at the price of 9 yuan on the seven-level position last Thursday. Last Friday, under my earnest persuasion, he took my advice and made three or four points. Fortunately, he listened to my persuasion. , otherwise...he would become suddenly rich. ]
[Hahaha! ]
[Brother is on his way here with a machete...(laughing through tears.jpg)]
[I’m afraid that my brother will suffer and I’m afraid that my brother will drive a Land Rover. ]
…
(End of chapter)
