Chapter 748: Worry
Li Xuan's subsidiary is about to be listed in Xiangjiang, and mainland sporting goods companies are staring at it. As the first sportswear company in mainland China to be listed in Hong Kong, will it be recognized by investors?
Other sporting goods companies in the mainland are not large in scale, and several emerging companies, although they have capital injections, cannot compare with one of Li Twist's subsidiaries.
But they can also wait to be listed, as long as the company's assets reach a certain scale and the statements look better, and the mainland's requirements cannot be met, Xiangjiang's can still be done.
As one of the world's top financial centres, Hong Kong has another advantage over mainland companies, that is, Hong Kong has returned.
It will definitely be easier to list in Xiangjiang than in other markets. If enough money can be raised, it is not impossible for other sporting goods companies to develop.
Li Twist's products are indeed very good, but it does not mean that everyone likes Li Twist's products, they can also specialize in producing products suitable for other sports, and the development model of Li Twist can be partially replicated.
There are also some people who have other ideas, such as finding a way to buy some Li Twist shares, to see if they can enter the management of Li Twist's company, and by the way, let Li Twist buy his sporting goods company.
It is better to be the head of the chicken than the queen of the ox. This is a sentence that many people think is very dignified, but in fact, in the business field, it is not so easy for you to be a cow.
After the head of the chicken becomes a cow, it is actually the most suitable choice for many small companies. If you become a minority shareholder of a large company, you don't have to worry about the company going bankrupt in the future, and you can wait for the money to be shared with peace of mind.
If you must not be a cow queen, then it is very likely to be bankrupt by a large company. There are too many ways for a large company to bully a small company in the same industry.
This is why many small companies are often acquired by large companies, not because the owner of the small company does not want to have the final say, but because he really can't guarantee that the company can continue to operate without being acquired.
At the time of all the attention, Li Twist Xiangjiang Company was officially listed.
……
Wang Haoan and Guo Jijie sat together for a drink, and the two did not go to the scene to watch the listing of Li Xuanxiangjiang Company, so there was no need for this. Anyway, Xiangjiang is listed here, and it will not have any bell ringing ceremony like the NASDAQ.
In the eyes of many, going public means success. In some ways, this is the case, because the scale is not up to the mark, and the performance of the company is not up to the standard, it cannot be listed.
And the companies that can be listed at least have a little status in the industry. On the one hand, the listing to raise more funds can allow the company to have more money to operate, and on the other hand, it is the directional offering when it is listed, which can allow the company to have a few more small shareholders who do not participate in the management.
Although the minority shareholders are not involved in the management, they also have their own connections, and they will still help the company when necessary in order for the company's stock to rise.
However, there are also many large companies that choose not to go public, they do not lack capital, nor lack of exposure, and shareholders prefer the company's profits to be divided into a few of them rather than to other investors.
Just like if you open a very popular restaurant and now want to open a chain branch, if you have no money at this time, you will definitely choose to take out a loan or find someone else to invest, because I believe that the chain branch will make money.
At this time, if the loan is too small and it is difficult to borrow, then someone will still agree to invest, at least they will earn more, the scale of the store will be larger, the fame will be greater, they will be more successful in the eyes of others, and even their social status can rise a little because of this.
But if you have enough money to open a branch, then why find someone else to invest, of course, it is more cost-effective to earn this money yourself.
"Andy, did you say that the stock price could rise by 20 percent at the close of trading today? Guo Jijie put down the cup and asked.
When they inquired before, most of the people valued the shares of Li Twist Sports at about three yuan, and many companies thought that it was worth two yuan, and they were issued at the top price.
"I think it's about the same. Although the scale of Li Twist Sports Xiangjiang Company is not large, and assets such as R&D centers have also been spun out, it is responsible for overseas sales and some material import business of Li Twist Group. ”
"Li Twist Sports has not only landed in the North American market, but also has partners in the European market, and if the development goes well, it is not impossible to become the world's top sports goods company. ”
"The valuation of such a company at 3 billion Hong Kong dollars is not excessive. What, you're worried that the stock price will fall below the issue price?"
Guo Jijie shook his head: "If it falls below the issue price, it should be unlikely on the first day, and it may not be possible in the future." Our shares cannot be sold for a short period of time, and when the price falls below the issue price, we will lose money. ”
"This asset divestiture is too much, some assets should not be divested too cleanly, only overseas sales, some factories and businesses other than athleisure clothing and sports shoes, too little. ”
"Although the company has stripped off all its liabilities and made a very good report, how much is the sales?"
"If I can add stores to it, I am not surprised that the stock price will double, which is the most valuable asset of Li Twist Movement. ”
Although he felt that the stock price might fall below the issue price, Guo Jijie agreed to the price of three yuan without hesitation when Li Twist Sports gave Anjie Holdings a directional offering.
Because once the stock price of Li Xiangjiang Company falls too hard, it will definitely inject other assets into it in the future, thereby raising the price and raising another amount of funds.
Besides, it's a big deal to delist, the stock price has fallen ruthlessly, and it is more cost-effective when it is delisted, and they firmly believe that Li Twist Company can make more money in the future.
"The most valuable assets can't be easily injected into them, and this is also to prevent the current situation from being bad and not raising enough funds. ”
"Lao Guo, this is also researched by other professional institutions, and when necessary, they will secretly raise the price. Anyway, I have confidence in Li Twist Company, and I believe that this listing will not fail!"
In the case of a public offering, it would be embarrassing if the subscription amount does not meet the requirements. After how many companies go public, the subscription amount far exceeds the issue price, so as to issue some additional shares?
Guo Jijie poured himself a glass of wine again: "I hope so." Eh, why is your cup still full, let you drink with me, and you just watch me drink by myself?"
Wang Haoan could only dry the wine in the cup: "I am only responsible for drinking with you, but it doesn't mean that I want to get drunk." Mr. Su is pregnant, which has disrupted your plans? This marriage, are you getting married, or are you getting married?"