Although Lin Feng and Zhao Yan, the two biggest bosses, reached an intention. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

But a transaction involving 1.65 billion, from the start to the final signing and payment by both parties.

There are also a large number of details and clauses, which need to be negotiated and discussed in detail by both parties before they can be finalized.

It is expected that the transaction will be completed within 2 months, which is very fast.

In the follow-up matter, Zhao Yanfei returned to the United States, and Lin Feng no longer paid attention to it, and Li Dong was completely responsible for negotiating and agreeing on the details of the transaction with Bloomage Fang.

Lin Feng's energy has been invested in Fengxing's recent series of acquisitions and adjustments.

Under his personal promotion, the work of Fengxing's various business groups has progressed rapidly, and Fengxing is like a machine that is getting better and better, running quickly and efficiently.

Before I knew it, it was April 30, 2004.

NetEase (Nasdaq:NTES) announced its financial results for the first quarter of 2004 ended March 31.

The financial report shows:

Net revenue for the quarter reached RMB136.8 million (US$16.55 million) (nearly RMB50 million less than in the previous life due to the absence of Fantasy Journey to the West).

Net profit for the quarter amounted to RMB70.39 million (US$8.52 million) (again, a decrease of 30 million yuan from the previous generation).

Among them, the revenue of the online game business increased by 23% from the previous quarter to RMB50 million (US$6.05 million), and the revenue of online games reached RMB40.7 million (US$4.92 million) in the previous quarter.

NetEase's revenue from wireless value-added services and other services in the first quarter fell 12.3% from the previous quarter to RMB56.7 million (US$6.8 million), compared with RMB64.6 million (US$7.8 million) in the previous quarter, due to increasingly competitive competition in the SMS service market.

NetEase's advertising revenue in the first quarter increased 13.9% from the previous quarter to RMB30.1 million (US$3.6 million), compared with RMB26.5 million (US$3.2 million) in the previous quarter.

To Lin Feng's surprise, perhaps because there is no "Fantasy Journey to the West" in this life, only relying on the game income of "Journey to the West" and the agency "Elf", in terms of total revenue share, has not exceeded the wireless value-added income, NetEase did not announce an early warning of the SMS business as he expected, but only said that due to the fierce competition in this business, the revenue declined.

This made Lin Feng a little disappointed.

He thought that Ding Sanshi would be like in his previous life, domineeringly announcing that NetEase's SMS revenue is expected to drop by up to 40%.

Fortunately, NetEase's declining SMS revenue has also caught the attention of Wall Street analysts.

Soon, a large number of analysts from American investment banks took this opportunity to begin to short SP concept stocks listed on the NASDAQ.

According to the fact that Sohu and NetEase's wireless value-added business have declined, China's wireless value-added market is fierce and fierce, with more than 2,000 companies sharing the market, and it is very likely that the share of several large companies will gradually be eaten by many small and medium-sized companies in the future.

The leader of the NASDAQ SP concept stocks, Menglong Technology, bore the brunt, and analysts of many securities companies subsequently lowered their expectations for Menglong's stock price target and sales revenue.

Evan Wilson, an analyst at Pacific Crest, a U.S. investment bank, lowered the price target on the company from $32 to $30, lowered the sales revenue forecast from $26 million to $23.8 million, and lowered the rating from "Buy" to "Hold".

Bank of America Merrill Lynch analyst Justin Post lowered the price target for the company from $33 to $28 and lowered the sales revenue forecast from $26.5 million to $23 million, which was even more pessimistic. The rating has also been downgraded to "hold".

Scott Devitt, an analyst at Stifel Nicolaus, a U.S. investment firm, remained relatively optimistic, downgrading the price of the company from $33 to $32 and maintaining a "buy" rating.

……

For a time, Menglong Technology, including the SP concept stock that had just been listed at the end of February this year, fell in stock price.

On April 30, Menglong's stock price fell by $2.79 from a relatively high of $25.4 to $22.6, a drop of 11%.

The share price of Lingtong also fell by nearly 8%.

Lin Feng was overjoyed to get the news, and quickly asked Ye Weiyu to buy more company shares.

After this fall, wait until the earnings report is announced, the stock price will rise sharply, and you can make a lot of money at once!

Ye Weiyu is also enough, and directly used all the existing funds of Maple Leaf to buy Menglong shares, and smashed it for $14 million, which suddenly pulled the stock price back to $24.

Lin Feng called the stupid girl.

With such a big move, the U.S. capital market must be able to see it.

Hurry up and make another announcement, saying that the management of Menglong Company is very satisfied with the company's development status, and the performance of this quarter is expected to increase. To show confidence in the company, the company's shareholders will increase their holdings of a portion of the company's shares through personal investment in the company.

It's barely covered.

On May 10, in the midst of the empty singing on Wall Street, Menglong (Nasdaq: LONG) released its financial results for the first quarter of 2004!

This is a financial report that blinded a group of Wall Street analysts!

In the first quarter, the total revenue of the company was 290 million yuan (US$35.3 million), up 460% from the same period last year and 220% from the previous quarter, and its net profit was 158 million yuan (US$19.2 million), up 430% from the same period last year and up 210% from the previous quarter.

thereinto

-SMS revenue reached RMB118 million (US$14.3 million), up 200% year-over-year and up 50% quarter-over-quarter;

-Revenue from voice services, including ringtones and CRBT business, reached RMB173 million (US$21 million), up 830% year-over-year and 260% quarter-over-quarter;

-Total cash and marketable securities at the end of the quarter amounted to RMB2,381 million (US$288.1 million).

This is really a beautiful financial report that blinds everyone's eyes!

It's like a slap in the face, slapping the analysts and financial investment companies who sang about the empty dream dragon before!

This was something Lin Feng had been looking forward to a long time ago.

Otherwise, how can you impress investors in the U.S. capital markets?

The capital market, like the entertainment industry, has the saying of star stocks.

Otherwise, why is Facebook's listing like a big carnival in the entire U.S. capital market, when Alibaba goes public for a roadshow, investors have to wait for more than an hour to see him at the bottom of the hotel?

The reason why NetEase has been on the NASDAQ for more than ten years, and its stock price has risen steadily. In addition to the really good performance, it cannot be denied that NetEase was almost delisted, rising back to $30 in a year from a few cents, which made American investors trust NetEase very much.

Lin Feng hopes that Menglong will also become such a star stock!

Even if Menglong can't do it because of the characteristics of the business, he, Lin Feng, as the actual controller and big boss of Menglong, will become a star in the American capital market!

Only in this way, in the future, whether it is Menglong's privatization and delisting, or the integration of all its business companies, and the re-listing on the New York Stock Exchange, he can always be sought after and hotly promoted by the capital market!

After the release of the financial report, Lin Feng personally attended the subsequent earnings call with Li Dong, Li Mengyuan and other senior executives to interpret the key points of the financial report and answer questions from analysts.