Chapter 318: Where the Value Is
The news of the company's preparation for listing not only spread quickly on Wall Street, attracting the attention of many parties, including brokerages and the New York Stock Exchange, but also reached the ears of local financial industry practitioners in California at the fastest speed.
So, after the conversation with Henry Morgan, Evan received a phone call from Isaiah Herman, president of Wells Fargo, Thomas Theine, president of the Bank of California, and Mario Giannini, president of Bank of America. These three represent the three major consortiums in California, and they have all dealt with Evan to a greater or lesser extent. Of course, in terms of relationships, because of the incident in June this year, Mario is still the most familiar.
The content of Evan's phone call with them is almost a mold, and after a long or short greeting, he hopes to invite Evan to a banquet and introduce someone to him.
Without exception, this person is the president of a local brokerage or insurance company.
The companies mentioned are First America, Western Finance, and Trust Trust.
Obviously, they also want to participate in the business of going public with the Demon Seven Company.
The value of the Magic Seven Company is obvious to all, and as the head of the land, they noticed this earlier than those on Wall Street. As early as two or three years ago, there were already people who were fighting his idea, but because they found out that the Demon Seven Company was very involved behind it, they had scruples, so they were timid, and they have not been able to implement it until now.
Now that the Magic Seven Company took the initiative to bring the cake to the table, they naturally didn't want to cheapen the Wall Street gang for nothing, and they couldn't wait to get a piece of the pie.
Evan couldn't be clearer about what these people think. So, as is the case, Evan accepted the banquet directly, but asked them to send the invitation to the company, and made it clear that he might not be available at that time, but he was willing to make friends, especially local California friends, so he might let someone else attend instead.
It means that the business of the Magic Seven Company will meet a lot of financial companies in California, but he will not go to the banquet.
After dealing with these people, the family members who heard the news also called.
The first is the concern from Sacramento, Earl directly asked Evan what the considerations were for making this decision, and Evan did not reserve it and confessed.
"Let the Magic Seven Company go public, first, to close the relationship with Wall Street and temporarily ease the relationship with Morgan and Rockefeller, and second, the federal stock market is showing signs of improvement, and the Magic Seven Company will facilitate financing and cashing out after listing, and transfuse blood for other industries. ”
Evan's words seem to clearly regard the Demon Seven Company as an outcast.
After listening to Evan's plan, Earl didn't say anything, but Nina was a little unhappy. She was the director of the Demon Seven Company, and she felt that Evan really shouldn't have taken it to heart so much.
It's too cold-blooded.
However, Nina just thought about it and didn't say a word to Evan on the phone.
She knew in her heart that being cold-blooded was a necessary quality for big people, but as a mother, she instinctively didn't want this quality to appear in her children.
She was not the only one who felt the same way as Nina, who listened to Evan when he answered the phone, and Audrey, who knew his intentions, thought the same thing.
Moreover, after Evan hung up the phone, she didn't hide this idea and bluntly called out for the Demon Seven Company.
Evan listened to it and smiled slightly: "Audrey, I'm not cold-blooded, I'm not ready to give up the Magic Seven Company directly, and besides, it's a lot of benefits for the Magic Seven Company." ”
"At the very least, those who own shares in the company are certainly happy to see the company go public. ”
"But......" argued Audrey, "didn't you just say that you were going to cash out the shares and give blood to other industries?"
"That's right!" Evan nodded, "But, Audrey, you've forgotten one fact. ”
"That is, I have 83.2% of the shares of Moqi Company in my hands, and I am the absolute controlling shareholder, even after the listing, this figure is still above 60%, which gives me a lot of room to reduce my holdings. ”
"You know, controlling a public company doesn't require me to have an absolute majority of the shares......"
After this explanation, Audrey finally understood Evan's plan. Knowing that she was wrong, she was about to make amends to her lover when she was interrupted by a phone call that rang again.
This time it was Robert calling from New York.
"Evan, the Magic Seven Company is going public, can I buy the original shares?"
"It's best if there's a discount!"
……
Going public has never been a simple matter. Just meeting a series of conditions set by the NYSE requires a lot of preparation.
These tasks include: sorting out the accounts, finding stock underwriters, and filling out the required documents for listing. And all of this needs to be done by professionals.
The first decision was made by the accounting firm, and many well-known accounting firms on Wall Street came to bid for the contract, and after some open and secret battles, Deloitte finally won the contract.
Then there were the underwriters, a total of 12 brokerages put forward cooperation intentions, and finally the magic 7 company selected eight of them, three of which were California-based brokers.
Just when the whole company was busy for listing, the centennial anniversary of the founding of California came on time.
On the anniversary, Evan deliberately gave himself a vacation and took Audrey back to Sacramento. The two participated in a parade of floats and recorded many meaningful memories with their cameras.
Not long after the celebration ended, Audrey started school and Evan returned to work.
In October, the movement on the construction site of Applied Semiconductor finally stopped, and two workshops were put into use. One workshop is a laboratory and the other is a production workshop for germanium-based semiconductors.
In November, Applied Semiconductor produced its first germanium transistor, and then with its excellent performance, Applied Semiconductor received its first order from a related customer, JPL.
In December, an article with Applied Semiconductor Corporation as an associate was published in the Journal of the American Society of Mining, Metallurgical and Petroleum Engineers, disclosing a method for preparing large-size germanium single crystals.
In mid-December, the listing process of Magic Seven finally came to the critical stage of the roadshow. The roadshow needed to show the company's financial data, so the earning power of the magic seven company was finally widely known.
As of November this year, the company has generated more than $82 million in revenue and a net profit of $12.03 million.
Last year, the two figures were 70.25 million and 8.06 million respectively.
The year before that, it was 68.6 million and 9.1 million.
The year before was 67 million, 10.6 million.
This number is so staggering that it can definitely be ranked in the top 500 in the United States.
As a result, from the first roadshow in New York, each roadshow has attracted a huge number of investors.
The Magic Seven Company has not yet been listed, but it is bound to become a hot stock.
。 m.