Chapter 513: Listen to her

Back in Jinhai, Liu Ruoyi no longer went to live in any hotels, and lived directly on the 77th floor of her own property, the Global Center - now this entire floor has been changed to Liu Ruoyi's independent office and residential integrated design in Jinhai.

At the end of last year, the Oriental people who struggled in the financial crisis, endured the pain and sold the building that had just been built at a high price of 8.8 billion yuan, and made a small profit and left.

However, the price given by Liu Ruoyi's acquisition team also made the Toyo people earn back their hard work.

Liu Ruoyi happened to set up the mainland headquarters of Cornerstone Investment in Jinhai, so the 77th floor became her exclusive area.

The 76th floor is the mainland headquarters of Cornerstone Investment.

As a leader in private equity, Cornerstone Investment's business has expanded to mainland China, and has begun to target high-end users with investors of more than one million yuan.

Looking at the river color outside on this continent, in fact, it is a little unrealistic. But hazy is better than anything.

Liu Ruoyi threw away the affairs at hand and came to Jinhai, not because she returned to her hometown, but because tomorrow she was going to participate in the opening ceremony of the company's listing on the stock market of the Jinhai Stock Exchange as an executive of Aurora Pictures.

This is a special entrustment from Liu Yang, who is now the CEO of Aurora Pictures, no way, although Aurora Pictures seems to be very beautiful now, Liu Yang, who is now the CEO, is actually under a lot of pressure.

Because Liu Ruoyi faded out of the daily operation of the Aurora system, it actually made the Aurora system lose the biggest advantage of seeing through the hole cards in advance.

The reason why they can still enjoy unlimited scenery now is that they are the king of the mainland film industry, because Liu Ruoyi has laid the foundation for them to gather the most high-end artists in the mainland.

The crazy series and the embarrassing series of comedies, which have a very good reputation and box office, are basically released every other year, just in time for a big-budget comedy every year.

And won the Wu military action movie series.

Fung's comedy series.

Xiangjiang police and bandit action movie series.

Hong Kong Zhou's comedy series.

This is the domestic part, which basically includes a quarter of the top artists and directors. Box office receipts also exceeded one-third and approached one-third.

Relying on Liu Ruoyi's layout, foreign countries have cooperated with two large series of blockbusters.

Marvel's heroes, as well as Harry Potter. This is the follow-up adaptation and filming rights of Harry Potter that Liu Ruoyi bought after the success of the Harry Potter TV series.

Aurora Pictures is a key investment and Asian distribution partner for both series.

So the days of Aurora Pictures are okay. Now it has at least more than 3 billion yuan of revenue (including the global share of investment films) every year, and the profit is also more than 1 billion yuan.

But that's it, if you follow the normal valuation, it will probably be around 30 billion market capitalization.

Therefore, Liu Yang needs Liu Ruoyi's reputation as the richest woman to stand for Aurora Pictures, so as to raise the stock price, and Aurora Pictures is one step ahead of its competitors to go public, and it needs a high stock price to get a position.

Let the latecomers look up, so that the company's many big-name artists and famous directors who hold shares will feel at ease.

Liu Ruoyi didn't know Senior Sister Liu Yang's plans, but since Senior Sister Liu invited, this face still had to be given, after all, she was still one of the individual income-generating shareholders of Aurora Pictures, and now the shares in her personal name accounted for about 13% of the diluted shares, and 15% were in the hands of her investment institutions.

After the issuance, her shares are about 28%, which is the largest shareholder, because Liu Ruoyi and Zhao Shaodong are following the subsequent financing before the listing, and Liu Yang and her executives only get some options and shares from the original management, adding up to less than 8%.

Zhao Shaodong has about 20 percent in his hands, and Chu Luo, who has faded out, has been diluted to less than 10 percent, but the combined shares of the three founders are still more than 50 percent, and they can firmly control Aurora Pictures.

Today, the three founders of Aurora will gather together.

Liu Yang's wishful thinking is to use the prestige of the three major shareholders, the financial queen Liu Ruoyi, the media tycoon Zhao Shaodong and the mining tycoon Chu Luo, to monetize and drive up the stock price.

Although everyone thinks that Aurora Pictures' revenue and artist team have no problem getting a price-earnings ratio of more than 30 times. However, as the first film and television entertainment listed stock, there is no precedent to follow, and no one can even find an industry reference.

There is no necessary logical relationship between the real result and the real result, and the final result can only be known after the shareholder buys real money.

Liu Ruoyi is the first time to participate in this kind of listed company activities, although she also worked as an investment bank in her previous life and voted for many listed unicorns, but her level is not enough to participate in the gong.

Most of them are on TV watching others knock.

She missed the listing of Aurora Media. There will be no chance to do this kind of thing in the future, but after Aurora Pictures. Li Ergongzi's Focus Media is estimated to be listed in Xiangjiang soon, and at that time, Li Ergongzi will also take advantage of Liu Ruoyi's popularity to boost Focus Media.

So Liu Ruoyi didn't have much excitement about this.

When the gong was opened, Liu Ruoyi looked at Liu Yang and sounded the gong excitedly with tears in his eyes.

Liu Ruoyi followed and knocked.

But that's it.

Heartless accepted the hug of Senior Sister Liu Yang.

...

Senior Sister Liu is really good at calculus.

At the opening, Aurora Pictures directly had a limitless limit.

Up limit for the next day!

The third day of the limit!

...

The market value of 30 billion is achieved overnight!

The market value of 40 billion is unhindered!

The market capitalization of 50 billion still has not exploded the trading volume.

Liu Ruoyi felt that the stock market had gone crazy. With the fundamentals of Aurora Pictures and future development expectations. Liu Ruoyi feels that it is a very distant thing to achieve 10 billion revenue.

A 50x P/E ratio has basically overdrawn the profit margin for more than the next ten years.

With the current profit margin, 10 billion revenue is about 3 billion profits, and with a market value of 50 billion, it will take about 17 years for investors to make this company earn back its input costs.

In fact, with the current business of Aurora Pictures, 30 billion is considered a rather overvalued price.

The film industry is not unworthy, not to mention that the capacity of the domestic film market has just exceeded the 6 billion mark. If it weren't for the income from investing in Hollywood and the income from distribution in Asia, Aurora Pictures would not have been able to do 3 billion at all.

This is half of the scale of the mainland industry.

This stock market really doesn't understand, it's crazy and completely irrational.

Liu Ruoyi didn't want to care.

Speculate on stocks with fanaticism, and there will always be a day when you will suffer losses.

However, this is not the end at all.

60 billion market capitalization, continue to rise and fall.

With a market value of 70 billion, he only took a breath in the middle to open the price limit, and soon sealed the board in a strong upward attack.

Liu Ruoyi felt that she couldn't watch Aurora Pictures go crazy, so she took the initiative to accept an interview and poured cold water on Aurora Pictures.

"As one of the founders of Aurora Pictures, I have an obligation to warn you of the risk of overvaluation! As a member of the company's board of directors, I have no idea that the company has any plans to leave its main business. The current share price is a significant deviation from fundamental support. In the next five years, the development of Aurora Pictures will maintain moderate growth and will not enter other industries other than the film industry. ”

"If I had a choice, I would sell all my shares at this price, because in the future, the stock price will definitely return rationally, and everyone can buy it at a more reasonable price. ”

However, Liu Ruoyi's cold water can't wake up the fanatical followers.

Although the institutions inside understood Liu Ruoyi's subtext and began to retreat.

However, there are more shareholders who get on the bus!

Only 15 percent of the stocks are tradable, resulting in an extremely scarce stock of Aurora Pictures, with a daily turnover rate that remains high after 70 billion.

So it was useless for Liu Ruoyi to step on the brakes, and Aurora Pictures just faked a fall and then attacked.

80 billion, breakthrough!

90 billion, continue to hit a new high!

...

Faced with the broken stock price of Aurora Pictures, Liu Ruoyi was speechless. Fortunately, she doesn't make money from this, so she doesn't need to think about the stock price at all.

Anyway, the warning has already been issued, and there is no way to jump into the fire pit.

However, the shareholding employees of Aurora Pictures were elated.

They have carved up about more than 300 million original shares, and now after nearly 8 times, it has become more than 2 billion, and this wealth through train is simply not too cool.

Core artists and executives are even more excited. Together, they hold nearly 15 percent of the shares. All of a sudden, there are more than 10 billion net worth, and these people are tens of millions, and many are hundreds of millions of net worth, which makes some people start to swell a little.

How many years do you have to make so much money by filming?

It's still the most important thing to seize the opportunity.

Acting or something, can it be listed and realized? All of a sudden, financial freedom makes some people a little carried away.

This made Senior Sister Liu Yang unexpected, and she had to deal with it herself a few times before she could stop this crooked trend.

Of course, the good side is also reflected.

Many big-name artists who have not signed a contract with Aurora Pictures are now beginning to release autumn waves frequently.

At this time, everyone's salary in the mainland is not tens of millions, and the tens of millions of salaries are the patents of the king and actor on the other side of Xiangjiang.

The T2 sisters are now very popular and now have a combined income of more than 10 million Hong Kong dollars a year, and it is difficult for even super first-line top actresses in the mainland to break through 5 million, and generally 3 million is considered a top salary.

So Aurora Pictures' wealth-making campaign is simply amazing.

With this signboard, the Aurora artist soon increased the depth of the bench, and the industry exclaimed that half of the country was exclusive to Aurora Pictures!

The effect is mixed.

In contrast, Aurora Entertainment's revenue of more than 10 billion yuan in Xiangjiang is not as eye-catching as Aurora Pictures.

Due to the loss of its subsidiary Aurora Cinemas, Aurora Entertainment, whose profit only exceeded 1.5 billion, is now able to exceed 70 billion Hong Kong dollars.

This still depends on the valuation given by the high net asset value, otherwise it is impossible to reach a price-earnings ratio of more than 40 times.

Naturally, Zhao Shaodong had an impulse to privatize Aurora Media and then go public in the mainland!

It's so devastating.

There's no reason to talk about it.

Fortunately, Aurora Pictures is also one of Zhao Shaodong's territories!

So eating your own vinegar is to take it back after a while.

If it can be sold now, Zhao Shaodong will definitely empty all the shares of Aurora Pictures.

With a net worth of more than 20 billion, it's not good to do something else after realization, not to mention anything else, it's good to drink soup in semiconductors behind Liu Ruoyi.

Now that Zhao Shaodong has transformed into a professional manager, the Zhao family's investment company has basically become a branch of Liu Ruoyi's cornerstone investment, and he doesn't need to worry about investment at all.

In this case, Zhao Shaodong's funds on hand are much less than those of Chu Luo and Liu Ruoyi.

When the biggest wave of business came to the table, he was absent!

In the subprime mortgage crisis, he made a desperate effort to take out his net worth and invest it in Liu Ruoyi's plan, but the principal was not big enough, and he could only earn back more than 10 billion Hong Kong dollars.

So now that he sees Liu Ruoyi, Zhao Shaodong still thinks from time to time that he will not forget him next time he gets rich.

Then Zhao Shaodong invested most of his net worth in the semiconductor business that Liu Ruoyi bet heavily on.

Zhongxin International Dragon Factory has a little share on behalf of the Zhao family.

Qimonda also has a little stake in it.

MIPS and solar microsystems are also invested a little. Even Wu Zuhua's small company, Zhao Shaodong also stepped in.

Liu Ruoyi didn't say which company was more profitable, so Zhao Shaodong planted a lot of crops and harvested thinly.

Anyway, if you meet one, you will be developed.

Anyway, Liu Ruoyi won't let him lose money!

is so capricious without fear, at least in terms of investment, Liu Ruoyi's career is his territory!

Regarding Zhao Shaodong's brainless follow-up, Liu Ruoyi couldn't cry or laugh.

To be honest, she doesn't really know which company will be more profitable in the end.

Anyway, now it seems that it is true, probably, maybe no company will lose money.

Needless to say, Qimonda, don't look at the sad days now, when it comes to the mobile era, it will inevitably make money, this is just a matter of how much money you make.

According to the current development momentum and technological trend of Zhongxin International, it is a high probability event to dominate the semiconductor foundry industry with TMS, but if it can't overturn the opponent and become the absolute leader, the semiconductor foundry market will be divided into two, which will lead to the valuation of the two companies will not be too high.

There is no monopoly and no high profits, this is the last word that cannot be broken. Based on the stock market valuation of more than $100 billion in TMS last time and space, it should be at least discounted if it is divided into two, and the market value of the two companies may be $40 billion and $50 billion respectively.

Compared with Liu Ruoyi's investment, this market value will certainly not lose money, but it is obviously not a big profit.

As for MIPS, to be honest, Liu Ruoyi still can't see whether it can hold up to the same market share as ARM in the era of mobile communications.

There is no mobile processor to test on a mobile phone yet, and everything is unknown.

However, the sun microsystem, Liu Ruoyi updated the development path for it, if the cloud goes smoothly to keep up, with Amazon, Microsoft three points of the international cloud market, that is, tens of billions of dollars in market value casually.

After the successful development of MIPS-type light cloud services, low-cost and high-performance MIPS servers with Linux have become an important choice for PC servers and cloud servers, so this market is also promising.

With excellent power consumption control and power saving, X86 is obviously a broad road in the corner of the data center market.

Liu Ruoyi didn't think about it overnight.

Instead, based on the information they knew, combined with their memories in their previous lives, they comprehensively pointed out a feasible development path for these companies.

If it weren't for the leader's brain pumping, Liu Ruoyi believed that there would be a chance to make money.

Therefore, Zhao Shaodong's brainless investment is actually a relatively smart decision.

Anyway, he has been used to being crushed by Liu Ruoyi's IQ, and now he is actually very satisfied with Anxin taking Aurora Media to the 100 billion media empire.

One cannot be too greedy.

As for the future of investment, Zhao Shaodong is not very worried.

Anyway, there is no shortage of this money to wait for the rice to be cooked.

Whatever.

There is Liu Ruoyi, this is her territory, she is always right to have the final say!