Chapter 102: Half of the country

In the end, He Namei followed Chu Yuanxi on the subway, but when she got on the subway, she deliberately separated from Chu Yuanxi and stood on the other side of the carriage, which was far away.

Zhu Wei was very fresh, and asked: "Let's go today, and we don't plan to raise money, what are we going to do?"

"No, I have a premonition that something big is going to happen, a strong premonition, we have to go, we have to witness history. ”

After speaking, Chu Yuanxi asked Yang Yuanmei in a low voice: "What does He Cheng like about me?"

"Hey, what do you want to change when you like you?Is there a beautiful woman who likes you and you are not beautiful to death?" Yang Yuanmei first despised it, and then gossiped with a face: "You won't have three lives with Qi Yuyuan, right?"

Zhu Xiao's eyes kept looking at the car door, and the afterglow drifted in the direction of He Namei, but his ears instantly turned up, and he only heard Chu Yuanxi say: "Where is this? Old man, my mother and foetus are very beautiful and I don't want to change." I haven't been in touch with Qi Yu recently!"

Zhu Yu's ears immediately slapped twice and then drooped down, Yang Yuanmei looked at it and wanted to vomit in her heart: Are you an elf clan, are your ears so smart?

She could stop at this time, but she agreed to speak for her best friend, and this was just the right time, and Chu Yuanxi brought it up first. "Actually, Nami is a little selfish, but if you think that Nami has a crush on you, don't be beautiful yet, even if you want to chase Nami now, Nami may not be willing. ”

Zhu Wei stopped first: "I think she is quite willing." ”

"She's willing or unwilling, hey, I didn't mean that......" Yang Yuanmei was very painful in organizing her language, and shook her hair wildly for a while before she said: "I mean, Nami knows that she is not worthy of Chu Yuanxi now, so she wants to become better, be able to take charge of herself, and become worthy of Chu Yuanxi." Therefore, she will not accept Chu Yuanxi now, because unequal love will not last long. ”

After speaking, she glared at Chu Yuanxi fiercely: "You're beautiful now, aren't you?"

"That's what she said?Can He Namei say such a level of words?" Chu Yuanxi looked at He Namei's back curve, not believing it at all. People with big breasts generally can't say such a level.

"That's what she meant, anyway. Yang Yuanmei said that what He Namei said at the beginning was to pull Chu Yuanxi to the same level as herself, and then use her rich experience to defeat him...... Well, I'm not lying!

And Chu Yuanxi's understanding is much simpler - He Namei also wants to be an Internet celebrity, and she doesn't want to post articles every day to maintain her account, she feels that her workout period is OK.

He fiddled with his mobile phone while talking, Zhu Xiao never left the mobile phone when he saw him talking, and he was stimulated by He Namei's heart with a little anger, and asked: "The mobile phone is so fun? Which beauty is this chatting with?"

"Beautiful men, not beautiful women. Chu Yuanxi shook his mobile phone towards Zhu Wei, and Zhu Wei saw that there was a handsome guy's avatar on WeChat, and the remarks next to it were: Angel Fruit Network.

"Who is this?"

"Isn't our studio the office space rented by Fruit Network? This person is also my friend, the former president of Fruit Network, through him. ”

"In the Demon Capital?" Zhu Wei was a little impressed by this, mainly because of Li Qian's incident. Although Chu Yuanxi didn't say it explicitly, the gossip was flying all over the sky, and it was this person who told Zhang Jian, and then opened Li Qian.

"Yes, he wants to come to the imperial capital after the Chinese New Year to have a look, and by the way, take a look at our company. ”

Yang Yuanmei also saw Chu Yuanxi's mobile phone, but her focus was completely different from Zhu Wei, Zhu Wei looked at the handsome guy's avatar, and Yang Yuanmei looked at the content of the dialogue, and it seemed that it was about investment and financing. So she asked, "This person also wants to invest in our company?"

"Well, he valued us at 20 million, and he plans to invest 5 million. ”

Zhu Wei immediately said "wow", the valuation of 20 million means that she has worked for a month, and her worth has skyrocketed to 5 million.

Yang Yuanmei didn't count the number, because she understood: "You don't agree, do you?"

"Ah, I said start with a billion and go up. ”

Yang Yuanmei was almost kicked out by the subway stop, and it was easy to sit still, only to hear Zhu Wei say with disdain: "You just bully other handsome guys with a good temper, and I would have blacked you out earlier." ”

"You don't understand this, we are reasonable people, don't I reason with him?"

Yang Yuanmei held on to the chair: "What kind of fallacies can you tell to blow the valuation of our company to one billion? Then don't I also have a value of 30 million?"

"Valuation logic, user value, price-to-earnings ratio. "There are not many people on the subway when the Chinese New Year is approaching, Chu Yuanxi simply sent a voice message on WeChat, which is equivalent to telling Anqi while letting Yang Yuanmei and Zhu Wei listen: "I don't know if you care about Hong Kong stocks, I have checked, Xiangjiang's self-media 'Mao Ji Kwai Chung' has issued a prospectus to prepare for the IPO." You can compare this company with us, who is more attractive, and the other party is valued in the billions. Judging by the feedback, their IPO will definitely be overraised many times (tip 1). ”

Chu Yuanxi didn't wait for them to check, and continued: "It's also self-media, this company's business logic is behind us, and it's not easy to compare different types of content, but we are obviously the best in the same genre, and I think Ba people are much more attractive than the other party." However, I only give a valuation of 1 billion, which is very objective. I can't even think about a valuation of less than a billion, I can't agree with it. ”

An Qi's voice immediately came out of WeChat: "I said Lao Chu, not only do I know what you said, but I also went to Xiangjiang to see it." People's profits in the 2016 fiscal year are more than 40 million Hong Kong dollars! Why should you compare a company that has just been established for a full moon with others? If you really want to be worth so much money, rest assured, I don't have so much money, but the syndicate of the magic capital has money waiting to be invested, and if you explain the reason, I will be able to attract investment. ”

Chu Yuanxi said calmly: "Brother, you also start a company, you should know how to adjust profits (tip 2), right? You carefully look through their financial reports to see how much profit can be this year, I bet no more than 10 million." It's also a company that plays a lot of financial games. ”

An Qi was about to go crazy: "Lao Chu, I believe what you said, but it's Xiangjiang's "Runaway"! Runaway has not yet IPO with a valuation of 4 billion, and this valuation is very reasonable after the IPO!"

"First of all, I admit that they are very slippery. But they just slipped through the content, and then did advertising, made peripherals, and made an app that was not used at all, and the business model was very low, not to mention that their content was not as good as rioting. Even if it's a riot, you have to admit that there is a business generation gap between riot itself and Wanhe Tianyi and demonic spirits, right?"

Wanhe Tianyi is the producer of "Never Expected", and Youqi is the producer of "100,000 Bad Jokes".

Chu Yuanxi then sent a voice: "The business plan of the Ba people has not been kept secret from you, the basic logic has been explained, I only say that the business logic is ahead of Mao Ji Kwai Chung, not too much, right? In fact, their user value is very low, mainly relying on third-party channels, if it is not for the valuation to be compared, I can't think of them." ”

————————

Here comes the tip again: over-offering, that is, the company is listed on the stock market in the process of investors are enthusiastic about buying intentions, exceeding the upper limit of the funds raised. Assuming that only 10 million shares are willing to be issued to the public, but the investors' purchase intention exceeds 10 million shares, then it is over-offered, which means that the new shares issued are in short supply and the issue price is set low.

In the real world, China Literature Group overraised more than 600 times in the IPO of Hong Kong stocks, which was extremely outstanding, but Mao Kee Kwai Chung overraised more than 6,000 times, setting a record for Hong Kong stocks. And then it ...... After the listing, it fell by 90% in six months, and made great strides to sprint to penny stocks.

Tip 2: Reconcile profits: This is a way for companies to reconcile their financial statements, or the room for manipulation, that is allowed by financial standards. By making reasonable use of financial standards, a company can shift profits from a certain number of years.

For example, a profit can be recognized this year, next year or the year after, and can only be recorded as revenue after recognition, otherwise it is only accounts receivable. Then the company can reflect this profit in a certain year's financial report according to its own needs, or conceal it for a certain period of time even though it has received the money.

Because we media companies are emerging economies, there is more room for ambiguity in financial standards and more flexibility in adjusting profits.