Chapter 55: The End of the Year (2/5)
Although Air Canada has been criticized in various ways - it has been named the world's worst airline for more than ten consecutive years!
The data shows that Air Canada ranks last in terms of on-time performance...
Air Canada is known for its lack of common sense and the plane ran out of fuel at 40,000 feet...
Fortunately, the captain had many years of glider experience, and finally the plane glided 50 kilometers and landed safely.
Yes, out of gas ...
It's like playing!
The plane pulled hundreds of passengers, but it didn't check the fuel level, and took off directly!
But the planes produced by Bombardier are still very good, mainly because the labor cost in Canada is cheaper than that of Airbus and Boeing, and Zhang Junsheng's shares are purchased from private individuals...
"In addition to these, I also invested in Toys"R"Us and Hearst, and also made two e-commerce platforms, Jet, Wish..."
“jet?”
"E-commerce platforms... Membership model that offers discounted rates to consumers who are willing to pay a $50 annual fee... The number of views is not very high, but everyone is very optimistic, Walmart recently wants to buy it, and they are offering $4.5 billion!"
Zhang Qinian spoke: "... You can transfer it to me!"
"The competition of e-commerce in the United States is much stronger than that in China, Amazon, eBay, Walmart, Sears, Bonanza, Wish, non-stop..."
"Wait, wish?"
"I only provide creativity for this, and I have 20% of the shares, the major shareholders are Pete and Claire, Wish's business model is based on discount products, the discount rate can be as high as 90%, they purchase directly from the manufacturer, and the delivery period lasts for one month, in order to have such a discount, Taobao can also open such a section!"
“… What is the market value of that wish?"
"It's only been three years old, and it's only a billion dollars at most, but there's a lot of potential for development... Do you want to buy it again?"
Zhang Qinian nodded: "The United States is the world's largest e-commerce market... Next year, Taobao will be listed on the NASDAQ..."
"You might as well enter the UK, Amazon can't do flubit in the UK, I think Taobao has hope!"
“… Besides, you know that U Bu wants to enter China?"
"I know, that's why I want to sell my shares quickly. ”
"Sell it to me!"
Zhang Junsheng was a little speechless: "... Do you have that much cash?"
"I don't have it, but Taobao does!"
"Taobao also wants to take a taxi?"
"Well, Fujitsumi has already started to do it!"
Rolled his eyes: "... What are they not doing?"
"How?"
"Uber's market capitalization is $60 billion, and my shares are worth $15 billion, which is not a small number, **** but a cash acquisition, and SoftBank is also very interested!"
“… I'll talk to the shareholders!"
Major Uber has not been listed, Zhang Junsheng is a little anxious, and they have insisted on not going public until 2018, before Zhang Junsheng's rebirth...
Although SoftBank is very interested in Zhang's shares, they say they are very optimistic about Uber's market capitalization, thinking that their future market value can reach trillions of dollars...
But who knows when Uber will launch its go-to-market plan?
……
The end of the year is approaching, and it is time for the earnings report to be announced.
After Tang Ningyu saw the financial report, all kinds of sad faces, without him, Yuehua lost nearly 5 billion yuan in 2012...
If this thing is released, it won't look good!
Zhang Junsheng also saw the financial report: "There is no need to put Yuehua Video, Yuehua Cinema Line, and theme parks in it, right?"
“… Do you mean to only publish Yuehua Media's results?"
"Wasn't it made public last month, these privatizations, impacting IPOs?"
"Okay, Yuehua Video lost 3.5 billion, how to go public?"
“… Go to the NASDAQ, A-shares will not allow loss-making companies to go public!"
Wang Rui and Gu Yongqiang explained: "In fact, Yuehua Video made a lot of money last year, but the copyright fee is too expensive..."
"I heard that Tencent Video lost more than 600 million?"
"Well, they're even worse!"
Wang Ruidao: "Actually, China Mobile approached us, and they wanted to acquire Yuehua Video..."
“… How much do they offer?"
"There is no offer, they proposed cooperation, it seems to be launching a package, a mobile card, you can watch all the film and television dramas of Yuehua Video for free, and then, they will share the account with us every year..."
When Zhang Junsheng heard it, there was such a good thing?
“… Promise... No, in this way, wouldn't we be working for China Mobile?"
"That's right, Fuji Xun and iQiyi didn't agree!"
“… Let's go public first, rest assured, Lao Mei is now very optimistic about streaming media, and the market value of Yuehua Video will not be less than $10 billion!"
iQIYI can achieve a market value of 30 billion, there is no reason why Yuehua Video can't compare to it!
"What about the cinemas?"
“… In fact, the theater chain has only room for growth in the past few years, and it is best to be listed within two years!"
"Do you want to put it in the United States?"
“… A-shares, starting next year, we will no longer pursue quantity and do more supporting services. ”
"Then what do you think the market value of our cinema chain can be?"
Zhang Junsheng rolled his eyes: "How do I know? Now there is no separately listed cinema group in China!"
"Aside from the cinema, video and theme park businesses, Yuehua's profit this year exceeded 8 billion..."
Zhang Junsheng was a little incredulous: "... So low? What about the game business?"
"The game business has also gone independent, you said..."
"Okay, six billion is six billion, by the way, how much do we pay in taxes a year?"
"I don't know, it shouldn't be much..."
“… Call and ask Lao Chen and ask him to come over!"
Lao Chen is the head of the finance department...
Five minutes later, Lao Chen walked in with a laptop in his hand: "Dong Zhang, Mr. Tang, our total tax payment last year was 870 million..."
“… Attach it to the financial report and go out public!"
"We have received a total of 2.1 billion in rewards and subsidies related to political axes..."
“… Ahem, why is it so high?"
"Our animation studios in various places enjoy local political axe subsidies, especially in Shudu, Changsha, and Suzhou, with a subsidy amount of 900 million!"
Zhang Junsheng was speechless: "... Why is it so high?"
"It's not high, our production cost is here, for example, the production cost of "Kung Fu Panda 3" is as high as 800 million yuan, and the political axe subsidy is 40%..."
"Forty percent?"
Tang Ningyu explained: "This is normal animation support..."Kung Fu Panda 3" has our independent investment and production, which is very risky..."
"What's at stake?
complained a word, Zhang Junsheng shut up, it's not his style to get cheap and sell well...
"In addition, the "Fengshen" series and the "Journey to the West" series have received local subsidies..."
“… Do you have to announce such a high subsidy in the financial report?"
"It's the rule!"
“… Okay," Zhang Junsheng sighed: "No wonder you didn't let me take "No Man's Land" to Berlin to pretend to be forced!"
"Now you know, if we have a bad relationship with the Film Bureau, there will be no benefit!"