Chapter 379 Red Envelope Delivery
At the end of 86 years, the overall economy of the United States is improving, except for the heavy industries such as steel, automobiles and chemicals, everything else is good.
As for the new industries of IT and media, it's a different story entirely. A small Silicon Valley that always seems to have all kinds of miracles.
This year's Compaq continues the legend of those predecessors. A company with a registered capital of 10 million US dollars has rapidly grown into a Fortune 500 company in just a few years.
Regardless of the rest, in terms of time alone, only the legendary world can compare to it.
As for the contribution to GDP, which company is higher, but there are different theories. In the eyes of many people, Legend World is more like a leather bag company, and it doesn't look as reliable as Compaq.
It's just that the employees of both companies don't see the problem that way. If you compare the incomes of these two employees side by side, you will find that the legendary world is far beyond.
That's why the guild organization is in an awkward position in his company. William White has his own system of rewards and punishments, which is simply irrefutable.
Those who are disobedient will get out, and as for those who behave well, it is naturally a variety of welfare benefits. At the end of the year, there is also a super big red envelope.
It has to be said that this kind of domineering is very popular. The workers don't care about the reason for all this, and whoever gives them extra benefits is a good person.
"Filson, I have a lot of debt, and the economy here in the United States is not very balanced, so I should reduce some chips appropriately. ”
"Okay, boss. Is the dividend ratio still the same?"
"This is natural, although it takes a lot of money to buy back, isn't the game cartridge selling well? ”
"Boss, sales of game cartridges are declining, and if this continues, the situation next year is not optimistic. ”
"It doesn't matter, you know Filson, we can't win the lawsuit of the Ministry of Justice, rather than being passive after losing, it is better to have a chicken and dog jump over the wall. ”
"Also, if our game is okay, those third-party manufacturers are obviously messing around. ”
"Well, let the legal department keep an eye on it, and if someone puts up an authorization label without authorization, they must sue them for bankruptcy. ”
"Okay, I'll arrange it right away. ”
This year, the boss made a bit of a ruthless profit, and the group of people under him naturally benefited a lot. Overall, it's been a fat year.
The dividend plan of the legendary world is indeed eye-catching. In the case of successive problems, the dividend amount actually exceeded last year's 10%.
Seeing this plan, a group of Wall Street elites could basically only hide their faces and run in tears. Before that, no company thought highly of his dividends, and they all believed that the legendary world needed to store grain for the winter.
The reason is also obvious, all kinds of game companies are like bamboo shoots after the rain, one here and one there. When these guys' games are released in a centralized manner, it will naturally thin out the sales of the legendary world.
Do you really think PS2 is not open?
This is really impossible, there are always people who are not afraid of death who will come to find trouble, and in fact, there is no shortage of such people in the United States.
It's hard to judge the character of these people, and if nothing else, these guys have always been moral role models. In fact, the same is true of the current Attorney General. What makes him more sad is that he likes to be conservative too much.
Therefore, it is believed that the profitability of the legendary world will decline, and the monopoly advantage will also weaken. If the estimate is not bad, it may not be clear in a few years.
It's just that William White doesn't seem to play his cards according to common sense, and he doesn't plan to pass the situation at all, and chooses a large dividend again.
How to say this thing, shareholders may be more satisfied, but shareholders may not. Someone said, don't you talk nonsense, is there a difference between the two?
This is really true, at least a few people sitting on the board of directors, their shares cannot be reduced at will, and these also need to be announced. Those stocks scattered around the market, and their holders are more expecting the stock price to rise, which is completely two mindsets.
Those that can not only ensure the stability of the stock price, but also pay large dividends, this is naturally the most popular. The legendary world before the antitrust investigation belonged to this type of company.
As the amplitude of the stock price increased, some more conservative investors began to take profits. They are the heaviest risk aversion and don't like bouncing stocks at all.
The safe people are gone, and the rest is naturally unstable. As a result, the stocks of the legendary world began to jump up and down again.
The only difference is that few institutions are willing to take on short sales. This group of organizations is also very hurt, you admit defeat and jump off the building, they need to be responsible, what kind of small number of these losses are. If you come once or twice more, the institution will also collapse.
The most hateful thing is that the buyback of the legendary world is obviously not completed, which means that people will come again anytime and anywhere.
Aside from this, William White's other companies are indeed paying real dividends. In this day and age when cash is king, there aren't many people who do that.
"BOSS, William White's fund is also shipping, although the amount is not large, but it is very resolute. ”
"Tsk, is this a move? It doesn't seem necessary to be at the end of the year, right?"
"Is it possible that the United States will be delisted here?"
"I can't see it in the short term, don't say it, if you toss him again, he may really be privatized and delisted. ”
"You go to Goldman Sachs Haig to find out if this is possible. "Da Mo is in an awkward position now, although the relationship with William White has eased, but he can't return to his previous state.
The old guy actually thinks too much, and the stock price is relatively strong today, so how can he do anything to delist. Generally speaking, the stock price does not reflect the company's fundamentals, and major shareholders will choose to do so.
Legend World obviously does not have this problem, and the current stock price can basically be quite reasonable. The nerve knife of the Department of Justice has indeed caused problems for the company.
No matter how unproductive William White was, the end of the year was still very busy. At this time, there are always some personnel adjustments and plans for next year.
Speaking of which, this wave of stock market rallies is contrary to fundamentals. The return of a large amount of overseas capital is entirely driven by high interest rates.
There is too much money in the banking system, and that money will naturally go into the capital market. The calculation knows that the risk is great, but there is nothing to be done.
It's easy for you to take out a deposit, but it's troublesome to get a loan. After all, interest rates are not low right now.
"Boss, the result of the think tank's analysis is that the risks in the U.S. stock market are intensifying, and today's economic performance is lagging behind, which is not enough to support the current stock price. ”
"Okay, then continue to reduce holdings, first sell financial stocks, then reduce manufacturing, and IT industry last. ”
"Okay, boss. The Hong Kong stock market is also overactive, or rather, they are a little crazy. ”
"Ha, their size is too small, you like this, keep half of the position, move a little slower, don't cause any twists and turns. "Overall, William White's policies are starting to tend to be conservative and no longer pursue excessively high-yield products.
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