Fang Hong climbed up the stairs in the group to read historical news. Looking at the news about this person who followed the trend in the group, he couldn't help but smile to himself: "This guy has something, quite a lot."
After a while, Tian Jiayi walked over. She sat down and talked about Tianzhou Online.
The beautiful assistant said thoughtfully: "Xiao Quan and Liu Qizheng are running Tianzhou Online. The market value has been raised to a high of 14.5 billion and they have no intention of stopping. Isn't it a bit overdraft?"
Fang Hong, who was climbing up the stairs to read the group message, closed the chat window and smiled calmly: "Where are we? Just let them do whatever they want. They can pull them up as high as they want without jumping, as long as they don't draw the line for me. It’s too ugly, as long as the liquidity is guaranteed to me, it’s up to them to make money.”
Tianzhou Online is the future Yixing Video. Is its current stock price and market value high?
In the eyes of the outside world, the bubble has expanded to an unbelievable level, and the market value of more than 3 billion yuan has been exploded to a high of more than 14.5 billion yuan.
But in Fang Hong's eyes, the market capitalization that would have been worth hundreds of billions in a few years is now just over 100 billion, which is simply the floor price.
By the end of 2014, the "Southbound Stock Connect" will be opened, and after that, the major A-shares will be liberalized to foreign investment.
In other words, Fang Hong wants to drive the stock prices of listed companies in "Galaxies" to a high level in the years before the opening of "Southbound Trading". Foreign investors will either stop playing and don't touch "Galaxies". If a listed company wants to play, as long as it dares to take over a big deal, it will dare to "snap" it to foreign investors, and then cut it in half to suppress the shock.
If foreign capital does not take over, the bull market will continue and the rise will continue.
And if foreign capital takes over and finally cuts the meat, the trend will immediately reverse upward.
No cutting?
Then just lie down at the bottom. The company is controlled by Qunxing Capital, and there are ten thousand ways to prevent the stock price from rising.
It is definitely much easier to push a stock to the floor than to pull it up.
No matter what, to raise the stock price, Qunxing always has the initiative whether to cut off foreign capital or not. It is okay not to cut off. The premise is that foreign capital is allowed to buy at a high level. They don't have much profit, so they can be allowed to make a little. Just treat it as a reward for providing liquidity, but large harvests are absolutely not allowed.
Moreover, in the past few years, Big A has been on a long road to a bear market. Taking advantage of the fact that Big A is in the bear market stage, allowing the listed companies of "Galaxies" to buck the trend during the bear market will also be conducive to creating an independent valuation system for "Galaxies".
There is a lot of bearishness outside, but the scenery here is unique, and it can subtly create a deep impression in the minds of A-share investors.
Finally, Fang Hong thought for a moment and immediately made a decision: "Jiuzhou Blue Arrow can also start the listing schedule, let's make arrangements!"
Tian Jiayi looked at him in surprise: "So fast?"
Fang Hong said calmly: "Get the big A as soon as possible. After Jiuzhou Blue Arrow is Yixing Media Group, there are still too few listed companies in 'Galaxy'. Up to now, including Yixing Video, there are only four targets. We have to speed up the progress.”
In the future A-share market, there must be some public or private equity funds that specifically track "Galaxy" funds. The characteristic of this type of fund is that its holdings are all listed companies of "Galaxy".
The participation of funds is also an important part of the strategy of building an independent valuation system for "Galaxy", so there must be at least ten listed companies of "Galaxy".
Tian Jiayi immediately said: "If Jiuzhou Blue Arrow wants to go public, it will definitely have to take the backdoor route. However, the aerospace equipment sector does not have shell resources. There are not many listed companies, and they are all non-private enterprise units."
Hearing this, Fang Hong said with a smile: "Can a living person be suffocated to death? Let's take off the shell first, and then change the business scope."
Tian Jiayi couldn't help but be stunned for a moment, and couldn't help but said: "That's right..."
It is worth mentioning that without Qunxing Capital, or that Qunxing Capital did not have access to the five major Guo Jia team institutions, it would not be that easy for Jiuzhou Blue Arrow to successfully obtain an A-share backdoor listing.
What is certain is that this company will be in the red for a long time in the future, and its debt scale is even more exaggerated than that of Yixing Video. Although the threshold for a backdoor listing is lower than the normal application for an IPO, and it is relatively easy, it is also Relatively speaking, it does not mean that there is no threshold.
However, with Star Capital’s current influence and energy in the country, this is not a big problem.
Tian Jiayi asked: "What valuation is appropriate for Jiuzhou Blue Arrow? This company is very special, and there is no reference for valuation."
Fang Hong said calmly: "Let's value it at 50 billion."
Hearing this, Tian Jiayi was a little speechless. His valuation and pricing sounded very casual, but when you think about it, it doesn't matter. It will be raised later anyway.
The subsidiaries that Qunxing Capital intends to list on the market cannot be considered strictly based on the market. Those with high EQ are said to follow independent valuation system strategies, market makers, etc., while those with low EQ are said to be controlled by Qiangzhuang.
But if it is really priced according to the current market logic, Jiuzhou Blue Arrow may not even be able to successfully list, and even if the stock index is listed at 50 billion, the market may not buy it.
Jiuzhou Blue Arrow is also a big money loser. It currently has more than 20 billion in debt and has no profit yet.
It is true that Qunxing Capital provides 10 billion yuan in funding to Jiuzhou Blue Arrow every year, but this money is not given directly for free. It is money borrowed by Jiuzhou Blue Arrow from the parent company, taking the route of debt financing, not equity financing. Every money received is reflected on the company's balance sheet.
You will have to repay it in the future, and you have to repay the principal and interest, but the creditor is your "father". Others may press for debts, but your father will definitely not do this. Not only will you not press for debts when you can't afford it, , and will be extended until the son finally gets better.
Assuming there is no dispute, this is the worst case scenario, that is, dad pays the entire bill.
The backdoor listing of Jiuzhou Blue Arrow has been confirmed in such a resolute manner. When Tian Jiayi arrives at the company tomorrow, he will start getting Star Capital to start the listing plan.
By then, Jiuzhou Blue Arrow will also become the fifth listed company of "Galaxy".
This is also the company with the highest listed valuation, starting at a valuation level of 50 billion.
Fang Hong thought for a while and said: "After the successful backdoor listing of Jiuzhou Blue Arrow, we will roughly double it every year in the next three years, and the market value will reach about 400 billion by around 2014."
The beautiful assistant couldn't help but sighed: "You really do whatever you want..."
Fang Hong turned around and smiled, spreading his hands: "There is no way, who told us that our strength does not allow it?"
With a valuation of 50 billion doubling every year, the market value will reach 100 billion in the first year, 200 billion in the second year, and 400 billion in the third year.
Raising the market capitalization to 400 billion is of course an astronomical figure, but it is not difficult because the actual circulation will not be too high. If it reaches around 500 billion, it will only be around 150 billion.
A general capital institution would definitely not be able to hold even a 150 billion circulating supply, but Qunxing Capital has no pressure.
The current net assets of Qunxing has exceeded 2 trillion yuan. With its expansion rate, it will be even more incredible in three years. With the ability to protect the bottom line, how can the company of Qunxing be so high? It is supported by profits harvested from overseas. This is the most essential logic behind it.
…
(End of chapter)
