Chapter 970: Sold out in one go

Style: Romance Author: anatomy teacherWords: 2354Update Time: 24/01/18 16:42:16
Bang bang...

The scene erupted into warm applause.

Last September, under Case's leadership, America Online (AOL), which had only 120 employees and suffered financial losses, was listed on the New York Stock Exchange, raising US$66 million in one fell swoop. It was snapped up by investors after more than a year of listing. In a matter of seconds, the stock price tripled!

Internet technology stocks are now a hot commodity on Nasdaq!

PIC and GPIC will be spun off and listed on Nasdaq for financing in the future, and PENG has a bright future.

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"Congratulations to Mr. Sun, the issuance price was finally determined at US$16.8. The IPO was over-subscribed 4.6 times, and the 75 million over-subscription rights were also snapped up by investors. This is the final list of buyers and shares. Each of the three of us purchased 1,500 shares. Ten thousand shares, follow Mr. Sun to make a fortune."

Yu Jianguo accompanied Justin, Declan and Samuel and walked in with a smile.

"Mr. Justin, Mr. Declan, and Mr. Samuel have worked hard. I didn't expect investors to be so optimistic about PENG's future, and I felt tremendous pressure."

PENG has a bright future, and the rebirthers are not surprised at all. It would not be surprising if it reaches the later stage of the Internet technology stock bubble, and the issue price is US$25.2 (60 times price-earnings ratio).

163 institutional and individual investors participated in the final subscription, with a maximum subscription of 40 million shares costing US$672 million and a minimum subscription of 300,000 shares costing US$5.04 million.

The IPO finally issued 575 million shares, and PENG raised US$9.3702 million (deducting underwriting fees of 289.8 million yuan).

The total share capital of PENG was changed to 1,992.5 million shares, with foreign investors holding 575 million shares, accounting for 28.86% of the total share capital, and Taobao Holdings and others holding 1,417.5 million shares, accounting for 71.14% of the total share capital.

The top 10 subscribed shares are SAMAfnholdings, 40 million shares, Iioroleupany, 35 million shares, QatarIhority, 30 million shares, Citigroup, 25 million shares, Bank of America, 20 million shares, **** 20 million shares, Wells Fargo The group has 15 million shares, and KKR, Morgan Stanley and Goldman Sachs Group have 15 million shares each.

The top ten strategic investors subscribed for 230 million shares, accounting for 40.52% of the subscribed shares. U.S. companies subscribed for 125 million shares, and three national investment funds from the Middle East subscribed for 105 million shares.

Yingke Company subscribed for 10 million shares.

American companies are powerful and have unique vision, and are worthy of their reputation as the world's largest. Investment funds from Middle Eastern countries have strength and vision. Japanese companies have strength but no vision. It is not unreasonable to experience a lost twenty years.

Investment genius Son Zhengyi and SoftBank did not appear on the IPO list.

Berkshire Hathaway, Quantum Fund, Tiger Management, Long-Term Capital Management and Omega Advisors, which believe in value investing, did not take action.

In their previous lives, Buffett, Soros, Robertson and Meriwether, who swore not to buy Internet technology stocks, all suffered greatly during the Internet bubble. They made many investment mistakes, the company's assets shrank sharply, and the losses were serious. Berkshire Hathaway Wei's stock price halved, Quantum Fund, Tiger Fund and Long-Term Capital Management were ruthlessly abandoned by investors, their equity was forced to be transferred, and the company was acquired.

ATIC purchased 12,000 shares of Berkshire Hathaway at an average price of US$6,000 and invested US$72 million. Now each share is US$8,500. If the additional funds are invested in equity, it will continue to invest in Berkshire Hathaway. Hathaway's stock, the stock god Buffett is called "the most respectable man besides his father" by Americans, and his reputation is not in vain.

Although Soros, Robertson, and Meriwether are now at the height of their popularity, the rebirthers will not touch the stocks of Quantum Fund, Tiger Management, and LTCM.

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October 29th.

The delivery date of Hang Seng Index futures.

The Hang Seng Index opened at 9023 points, which was the lowest point at the opening. The bulls held high and reached a maximum of 9386 points. The bears counterattacked in the late trading, but it was too late. The market closed at 9329 points, up 329 points or 3.7%, with a heavy volume increase.

On November 2 last year, it rose from 6197 points to 9329 points today, an increase of 3132 points, and the Hang Seng Index increased by 50.5%.

Invested HK$200 million to go long on the October Hang Seng Index futures contract, adding 10 times leverage and making a profit of more than HK$1.1 billion.

The Hang Seng Index has nearly doubled in the past two years!

Starting from 2015 in June 1989, a total of 1.05 million Hong Kong dollars was invested, and 10 times the leverage was added to go long or short on the Hang Seng Index futures. To the current point of 9329, the Hang Seng Index has risen 3.62 times, with a total profit of nearly 4 billion Hong Kong dollars. !

Sanxin Real Estate’s share price closed at HK$15.4, and TIC’s profit on its books was HK$7.6 billion!

Equity investment has the highest return!

Wang Dongming's team started with an investment of HK$5 million, then increased it to HK$20 million. Now, the capital and market value have reached more than HK$140 million, with a profit of 6 times! Personal profits are also huge!

The reborn person remembers less than 12,000 points and is not worried about the Hang Seng Index plummeting, but the time is too long and the year and month are not clear? But according to the current upward trend, we can see 12,000 points next year.

There is still more than 2,600 points of room for growth, and nearly 30% room for a surge!

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The 29th is also the delivery day for Dow Jones Index futures and Nasdaq Index futures.

The Dow Jones opened flat at 3687 points, reached a maximum of 3712 points, dropped to 3656 points, and closed at 3680 points, down 7 points, with a slight decrease in volume.

On November 2 last year, I invested US$20 million to go long on the October Dow Jones Index futures contract, adding 10 times leverage. From 3232 points to 3680 points, it rose 448 points, or 14%, and made a profit of more than US$30 million.

The Nasdaq index opened slightly higher at 774 points and dropped to 773 points. Profit taking filled the gap. Many parties made efforts and closed at 779 points, almost the highest point, up 6 points.

On November 2 last year, I invested US$20 million to go long on the Nasdaq index futures October contract, increased leverage by 10 times, and rose 176 points from 603 points to 779 points, an increase of more than 29%, and made a profit of more than US$63 million. .

The Nasdaq rose more than double that of the Dow Jones, and the advantage of Internet technology stocks began to show.

Since May 1991, it has invested US$470 million in GCA, Cisco, AOL, Intel, IBM, Qualcomm, Microsoft, Dell Computer, Best Buy, CCU, Charles Schwab, Berkshire, Bank of Boston, Citigroup, U.S. Banks, Wells Fargo, KKR, ****, Coca-Cola, Pepsi-Cola, Kodak, American Express, General Motors, Penney Department Store, Boeing, UPS, Harley-Davidson and Kraft Foods and other companies, only buy but not sell, today's market value More than 1.13 million US dollars, an increase of 140%, and an annual return of 70%, far outperforming the Nasdaq and Dow Jones indices.

GCA, the company with the most investment, has seen its market value increase nearly five times in two years!

Cisco, AOL, Microsoft, Qualcomm, Intel, IBM and other network technology stocks have been hotly speculated, and the demonstration effect is obvious!

The spring of Internet technology stocks has arrived, and the Nasdaq index has risen sharply and is heading towards 5,000 points.

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On the 29th, the Nikkei Index closed at 19,700 points, an increase of 2,900 points, or 17%, compared with the same period last year.

In early September, the Nikkei Index saw bullish efforts and reached the integer mark of 21,200 points for two consecutive days, but it failed to cross the mark. The bullish side consumed too much money, and the short side began to exert force. The market began to fall, falling by 1,500 points from its highest point. point.

The reborn person was not sure last year, so he did not continue to short the Nikkei futures and transferred the funds to the Nasdaq market, avoiding a huge loss of more than 140 million US dollars.

Don’t do it if you can’t tell!

The risks in the futures market are huge. Once you go against the trend, if you don't stop the loss in time and continue to cover your position, you will lose all your money!

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November 1st.

Wang Dongming followed Mr. Sun's instructions and invested US$20 million to short the October Nikkei stock index futures contract, increasing leverage by 10 times.

Invest HK$200 million to be long the June contract of Hang Seng Index futures, adding 10 times leverage.

The Hong Kong Futures Exchange launched the Hang Seng Index options contract in March 1993.

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