Chapter 79: Potential Stocks (2/3)

Participation in the roadshow is purely a coincidence.

Tencent is ambitiously preparing to go public, the Internet industry has been in a bad situation in the past two years, many companies are facing the dilemma of broken cash flow, they have no stable source of income, and there are only a few examples of making money like Oracle and Microsoft.

The same is true for this company, there are fewer and fewer institutions and individuals willing to invest in the Internet industry, the liquidity of the entire industry has fallen to the freezing point, and a large number of potential companies have gone bankrupt and closed down in the long cold winter because of the rupture of the capital chain, layoffs, reduction of expenses, and other events occurred at both ends of the Pacific Ocean at the same time, and if you want to survive, you must need capital injection.

Now Tencent, just a pretty good small company, due to the increase in the "QQ card" at the beginning of the year as a revenue channel, successfully turned losses into profits, this year's revenue is expected to reach more than 200 million yuan, profit margin of about 55 percent, Ye Dongqing remembers its name.

So, after encountering this roadshow, I happened to have nothing to do, and found a reason to ask for an admission ticket.

Poni Ma was very happy about Ye Dongqing's uninvited arrival, because it would tell reporters that his company was being watched by Wall Street.

Most of the average New Yorker hates Wall Street, thinking it's a bunch of insatiable vampires, and that's true, but its gold-lettered sign is a good place to advertise outside.

Ye Dongqing didn't know the other party's little calculation, and when he heard Boni ask, he said that he came from New York because of this roadshow and wanted to know about the company.

He knows how big this company will be in the future, but he doesn't know much about the situation in this era, and he checked it from the Internet a few days ago, and there is not much information, so he is asking tentatively at the moment: "Mr. Ma, I heard that nearly half of the shares of your company are in the hands of a company in South Africa?"

The most news about Tencent on the Internet is that it is amazed that some company was willing to buy shares of this company at a valuation of up to 60 million US dollars last year, as if it was a great thing, and the specific situation is not described much, and the network resources are not as developed as in the United States.

Boni Ma said helplessly: "Yes, South Africa's MIH Group, fortunately with the help of this company, otherwise I would not be standing here today to talk to you, the reason why it has achieved a revenue of more than 200 million is because it has injected a sum of money into my company."

In June last year, MIH Group acquired the shares held by IDG Group and Xiangjiang Xiaochaoren at a valuation of US$60 million, and then bought it from some management, less than half of which is about 41.2 percent. ”

Before investing in a company, it is necessary to understand the equity structure, during this period of time, the young man surnamed Ma often mentioned it to potential investors, and the data has long been remembered in his mind, he thought that Ye Dongqing wanted to invest in his own company, how would he know that this guy was actually hiding in Xiangjiang because he ran away, so he didn't dare to go back.

Speaking of South Africa's MIH Group, it is listed on the NASDAQ and Amsterdam stock exchanges at the same time, its main business is interactive TV and pay TV, and the current market value is more than 3 billion US dollars.

With the sharp increase in sales and the number of users since the second half of this year, Boni Salted Fish, who was about to be driven crazy by funds a few years ago, has turned over, and still holds more than 20 percent of the shares, according to the current valuation, he is already a rich man worth 40 or 50 million US dollars.

Of course, valuation is valuation, someone buys it is money, and if no one buys it, it becomes a bubble.

Ye Dongqing felt that there must be a guy with a vicious vision in the MIH Group, otherwise he would never have come all the way to invest in a Chinese Internet company in the bad market environment last year.

This is insightful, from last year to the present, many companies with huge amounts of money have begun to buy the bottom to invest in potential stocks, these people and the company itself have not figured out how right the decision was.

According to the market value of Boni Ma, MIH Group only spent 20 million or 30 million US dollars to successfully acquire the status of Tencent's major shareholder, and the value of this asset can increase at least 100 times in the future.

If he has money in his hand, he wants to eat this batch of shares, but unfortunately, the situation is uncertain now, and it is difficult to determine whether he will lose so much that he owes a lot of debt, and there is no money to invest.

I just hate this bad feeling of having a mountain of gold in front of me, but I can only look at it from afar, I am silent on the surface, and I am already vomiting blood in my heart, this is all money......

There were still many guests to entertain, and after taking the time to chat with Ye Dongqing for a few minutes, the young man, who was the company's decision-maker, left, and found a chair to sit down and read Tencent's briefing.

The so-called roadshow is actually a way to communicate with potential investors before the company goes public, and it is about to be listed on the Hong Kong Stock Exchange, but the exact timing is unclear.

Several middle-aged people around were talking in a whisper, Ye Dongqing overheard that it would be difficult to go public in the short term, and for one of them who unabashedly said that the company had no future, he smiled and did not speak, and turned his eyes to several white people, who were holding documents with the word "MIH" written on them, needless to say, most of them worked in that media group.

South Africa is located in Africa, and it is the second largest economy in Africa, second only to Nigeria, which is extremely rich in natural resources, but the richness of South Africa has little to do with blacks, and the "apartheid law" was not overturned until a few years ago, and it was decided to drive whites out of South Africa.

This MIH group is an authentic Western company, no different from those companies on Wall Street.

After hesitating, Ye Dongqing still got up, walked over after tidying up his clothes, and asked them in native English: "Gentlemen, I am the CEO of Freshwater Fund Company, headquartered on Wall Street, do you have time to talk to me about business now? ”

One of the balding white men shook hands with him and asked, "Freshwater Fund?"

also asked these people around him with his eyes, and they all shook their heads, saying that they had never heard of this company, and there were so many companies on Wall Street, and it was not surprising that there were only a few that everyone knew about.

Ye Dongqing, a stinky and shameless person, opened his mouth again to deceive, he said: "The company that was just established, I have business dealings with Edward Johnson Jr., you should know his mother, Fidelity Investment." ”

This big Buddha moved out, and the few people in front of him suddenly showed a look of surprise, the MIH group is not small, but compared with Fidelity Investment, it has become an inconspicuous small fish, and any company that manages hundreds of billions of dollars in assets will not be despised on all occasions.

The attitude instantly became gentle, and when the old man who was like a supervisor heard Ye Dongqing deliberately mention it, he subconsciously thought that he was helping the people of the Johnson family, and said with a smile: "Hello, is there anything I can help you?"

"Call me Leo, I want to talk to you about how much it costs you to sell the Tencent shares held by the MIH Group to us......"