Chapter 237: The Favor of God

After Angela apologized, Tang Bao's attitude softened, and he didn't want the interview to end unhappily for some reason.

"If there is any company on Wall Street that has the most confidence, then Phoenix Investment Group is definitely one of them, because it has very sufficient funds, and many investors are trying to send their money to Phoenix Investment Group, hoping that Phoenix Investment can take care of their wealth on their behalf...... However, what makes the outside world wonder is why Phoenix Investment Group made such an astonishing choice when it carried out the first round of share expansion financing when it had sufficient funds? Does this mean that Phoenix Investment Group is preparing to go public? Angela asked.

Listed......

Tang Bao had this idea, but he was not in a hurry to promote the listing of Phoenix Investment Group, after all, the growth potential of Phoenix Investment Group is huge, and promoting the listing too early is no different from giving his cake to investors, which will undoubtedly damage Tang Bao's interests.

"As you said, Phoenix Investment Group has sufficient funds, and in the short term, I will not promote the listing of Phoenix Investment Group."

Tang Bao gave a clear answer, in fact, he also conveyed the news to the outside world through Angela. It is also a response to the call for listing within Phoenix Investment Group...... In fact, Phoenix Investment Group's salary and bonuses are very generous today, and the average salary is among the highest on Wall Street. But people are greedy animals, and when you get a lot, you take it for granted, and you even want to get more.

In particular, after the expansion of shares and financing, Citigroup, Wells Fargo, Bear Stearns, Mitsui, Mitsubishi and so on became shareholders of the Phoenix Investment Group, coupled with the various agitations of many analysts and investors on Wall Street, some people in the Phoenix Investment Group found it difficult to maintain their intentions, and there were voices calling for the company to go public.

It's not hard to see why......

The vast majority of internal employees are invested through the Phoenix Employee Fund, and their investment will skyrocket after the Phoenix Investment Group goes public. And after the company goes public, they can naturally get incentives such as stock options...... It would be another very amazing asset.

Therefore, both inside and outside, there is a strong desire to promote the listing of Phoenix Investment Group.

"Short-term? So Tang, have you ever thought about the road to go public with Phoenix Investment Group? Angela seized on the loophole in Tang Bao's words. Follow-up.

"That's right. I believe that for any entrepreneur, promoting his company to go public is one of his goals. I also agree with this idea very much. ”

Well.

Angela nodded silently, as Tang Bao said, there are many entrepreneurs in the United States who are eager for their companies to go public, and listing is one thing, but the vast majority of entrepreneurs want to raise funds to develop and expand their companies.

"It's a pity that many startups struggle to meet the criteria for listing in their lifetime, but for Phoenix Investment Group, it has been achieved very early."

"That can't be said so absolutely. Let's be honest. If you want to promote the listing of Phoenix Investment Group, I am afraid that certain changes will have to be made. Tang Bao smiled, and then continued to explain, "For example, to improve the credit rating of Phoenix Investment Group, don't forget that Standard & Poor's took the initiative to make a CCC credit rating for us two years ago, and it has not changed so far!" I think the SEC will be hesitant to apply for the listing of a company with a junk credit rating, and of course investors will not be generous enough to buy our stock......"

Seeking a company to go public in the United States. The SEC will require companies to issue credit rating certificates from the three major rating agencies. However, Phoenix Investment Group has long been labeled as a "junk rating" by Standard & Poor's, saying that it has no impact, which is absolutely a lie.

Seeing Tang Bao take the initiative to mention S&P, Angela suddenly became interested. "What really happened between Phoenix and S&P?" Why S&P gave Phoenix Investment Group a junk rating of 'CCC' has not changed even after Phoenix Investment Group has been in full swing. ”

"We don't have anything to do with S&P, and of course, not in the future! I want to find out why. You can only ask them what's going on in their heads? Tang Bao did not shy away from expressing his displeasure with S&P, of course, he did not say that it was all because of Arthur Andersen.

Something that has no evidence. If Tang Bao dares to "talk nonsense", he will inevitably attract attacks from Arthur Andersen and Standard & Poor's, and even a lawsuit.

Tang Bao is not afraid of causing trouble, but he is afraid of trouble.

"Well, I'll call S&P and try to find out. Let's go back to the previous topic, Don, how long do you mean by 'short-term'? In other words, how soon do you expect Phoenix Investment Group to move forward with its IPO plan? Seeing that she couldn't dig up any big news, Angela returned to the topic.

"Hmm...... It's hard to say, plans never catch up with changes, and it's hard for me to give an exact timeline. Tang Bao replied.

"Estimate it in your heart!?"

Suddenly.

Tang Bao fell silent, lowered his head and thought, and after a long time replied, "Three to five years!" "There was absolutely nothing perfunctory, it was what he really thought.

"I believe that many investors on Wall Street will look forward to hearing Don's answer!"

on this.

Tang Bao has absolute confidence, with a series of classic investment operations of Phoenix Investment Group, the profit and expected profit are the best among Wall Street peers, Phoenix Investment Group will establish absolute confidence for investors...... At that time, it was also predictable that stocks would be sought after and rushed wildly.

"We know that recently, in addition to the attention of Phoenix Investment Group in the futures market, there is also a point that has caused heated discussions in the outside world, that is, Tang You personally facilitated Phoenix Investment Group to buy Columbia Pictures from Coca-Cola, but unexpectedly sold Columbia Pictures to Sony immediately after only one month after the acquisition was completed. Of course, in this buy-and-sell process, Phoenix Investment Group not only made a net profit of $1 billion, but also acquired a 10% stake in Columbia Pictures. An operation with a huge investment, and likewise, the returns are staggering. Can you elaborate on why you suddenly thought to get involved in this project, and why did you achieve such success? Angela said.

"It is not as amazing as the outside world thinks, and the emergence of this deal is purely to support Coca-Cola's rapid strategic transformation and get out of the current predicament. And Coca-Cola's deal with Sony for Columbia Pictures ran aground due to the anti-Japanese storm, which stifled too much energy from Coca-Cola's management. ”

"Oh? So is it too expensive to say that this deal is simply to help Coca-Cola get out of trouble? ”

"Phoenix Investment is the third largest shareholder of Coca-Cola, and helping Coca-Cola is helping itself. Well, we are prepared to make sacrifices for certain interests, but God is on the side of Phoenix Investment Group, and this transaction, not only did there be no loss, but also an unexpected gain. Tang Bao began to talk nonsense, he would never say that he forced Coca-Cola to trade with him, nor would he say that he wanted to enter the film and television industry with this, but he failed, let alone tell Angina that he had dug a hole for Sony a long time ago, and silently waited for Sony to jump in.

"Well, how ...... the project work?" Angela was very surprised by Tang Bao's answer, and she was also a little suspicious.

"Unexpected joy, God's favor!"

Tang Bao didn't blink, and said with an oath.

"Don, you really ...... To be honest, if you are willing to describe the process of this project as thrilling and exciting, it may be more conducive to Phoenix Investment Group to build strong confidence in front of investors. Seeing Tang Bao say this, Angela sighed regretfully, this answer was really difficult for her to accept.

Then.

Angela couldn't help but think that since the news that Sony was going to buy Columbia Pictures from Tang Bao, many analysts began to conduct a detailed analysis of the "classic operation" of Phoenix Investment Group from various angles, and the analysis was quite reasonable. Waiting for Tang Bao's interview to be released, I am afraid that these people's faces will be hot and painful, and they can't wait to hit the wall.

"Ha, Miss Angela, as a journalist, there seems to be something very wrong with your remarks." Tang Bao smiled lightly.

“……”

Angela smiled awkwardly, speechless, strictly speaking, her remarks were indeed suspected of inducing Tang Bao to provide false news materials.

"Luck is part of the strength, and I don't think there's anything to hide. In addition, integrity is particularly important in business operations, especially in the financial industry...... There are many companies that will go out of their way to make up exciting stories in order to gain the trust and support of investors and get more dollars from them, but we at Phoenix Investment Group will never do such a stupid thing! It is harmful to others and to oneself, and ultimately to destruction. You tell a lie, and it may take countless lies to make up for it in the process......"

"Uh, well, just an unexpected surprise, God's favor!" Angela didn't expect Tang Bao to gush endlessly just because of her emotion, and reluctantly agreed.

"Yes, that's good. Although outsiders may think this explanation is absurd, it is true! It's an unexpected surprise, God's favor. ”

Tang Bao still said firmly.

"Some people may be crying when they see this explanation." Angela thought. "They should be able to withstand the blow......

It is conceivable that after the publication of the interview journal, many people will feel as uncomfortable as eating flies.

Ahem.

Angela coughed lightly, not wanting to continue to dwell on this issue, what she wanted to care about was to make the interview with Tang Bao as detailed and comprehensive as possible, rather than worrying about those who were irrelevant. (To be continued......)