Chapter 144 [Three Major Joint Sponsors]
For the next week or so, Luo Sheng was in frequent and repeated contact with major investment banks, and at the age of 20, she was constantly mediating with a group of shrewd Wall Street bankers.
Anyway, Luo Sheng is not in a hurry at all, it is only May now, and it doesn't matter if his company waits for another year to go public.
Even, it is okay not to go public all the time, but Wall Street will definitely not agree, and hundreds of millions of dollars have been invested in one round after another, no matter what, it is a huge risk, and the result is that the unequal returns will definitely not be acceptable.
And this is why Luo Sheng is not in a hurry at all, and now it is the major investment banks that are in a hurry.
As time went by, Luo Sheng also kept meeting with these Wall Street bankers, and he only saw one at a time, and if he wanted to meet together, he would find an excuse to say that he didn't have time, and he was working on technology research and development in the "Côte d'Azur laboratory".
Luo Sheng is not afraid of collusion among major investment banks, because collusion means dilution of interests without suspense, and people are greedy, especially Wall Street.
As a result, the major investment banks were able to win the qualification to contract the listing of Bluestar Technology Group, and they have reduced the commission ratio, from 7.2% at the beginning, and finally reduced to 2.15%.
Finally freeze here.
This proportion is obviously much lower than what was paid before, and the outside world wants to know what Luo Sheng and Wall Street are talking about, and it took more than half a month to break it, but neither side disclosed any details to the outside world.
On May 17th, a little new news finally came out.
Citigroup's Solomon Smith Barney Securities Company withdrew from the ranks of underwriters and revealed the reason to the outside world, and stopped playing anyway.
Only then did the outside world know that it was Bluestar Technology's commission that was so low that Meibang Securities had no money to make, at least that's how Meibang Securities responded to the outside world.
People in the industry are all looking sideways, and they all feel that Bluestar Technology Group is really extraordinary, Luo Sheng's achievements in the science and technology industry need not be repeated, I didn't expect to be so shrewd in the business field.
However, Citi did not disclose too much news, because they all signed a confidentiality agreement, although they gave up the qualification of the underwriter, but Citi will definitely not give up the internal subscription right.
Goldman Sachs Group is determined to let go, and there is a taste that you have abused me thousands of times, and I still treat you like my first love.
Even if the proportion is reduced to less than 2%, it is inevitable to win, how to look at Goldman Sachs is definitely the "iron fan" of Bluestar Technology Group.
Nonsense.
Goldman Sachs was not the first investor to enter Bluestar Technology, but it spent the most money, and it was not bad for that money at this point.
But if you earn it, you will earn it in blood, and if you earn a little more, it will not be a point or two, so there is nothing to hesitate about.
Goldman Sachs, a Wall Street capital group that is bad to the bone and shrewd to the bone, will never do loss-making business, and it will be ruthless during the subprime mortgage crisis to short its own master.
……
Time goes by day by day.
On May 17, Luo Sheng and Wall Street finally determined a breakthrough after more than a month of mediation.
Goldman Sachs, JP Morgan and Merrill Lynch have become the co-sponsors of the listing of Bluestar Technology Group, which may be the strongest sponsor lineup to date, which is probably the top three undisputed investment banks in the world today.
The news has not been announced, it will not be announced until a month before the listing, and there can be variables even the day before the listing, and it is only temporarily circulating in a very small top-level investment banking circle.
……
In a flash, it was July 8, 2005.
Erin entered Luo Sheng's office, threw the data report in her hand onto his desk, and looked at the other party with resentful eyes: "The second quarter audit financial report has finally come out, you guy really don't know how to pity the fragrance and cherish the jade, why do you have to be in such a hurry?" ”
Luo Sheng looked at her, and suddenly looked at her with a smile and said, "Hard work, do you want to eat goose meat and compensate first?" I love you all night after work, at least five starts. ”
Well, today Friday, two days off tomorrow, Luo Sheng naturally has the confidence to give all his energy.
"Go, think beautifully, I'm tired enough to get rid of this audit report, do you really want to exhaust me?" Erin rolled her eyes angrily, ignored him, twisted her body to the sofa next to her to rest, and replied: "Look at what else you have to order, without me to deal with other work." ”
Erin is now also wearing many hats, CFO, Director, Director of the President's Office, Assistant to the President, Director of the Global Accounting Department, and President of the Accounting Management Department of Bluestar Technology Group.
It's hard to imagine that she can grow to such a point in just three years, and there is an important factor that outsiders are not aware of but cannot ignore.
That is Qin Weimu.
Sister Erin is also competing in her heart, she always feels that Qin Weimu is a big and threatening rival of hers, she is beautiful and not weaker than herself, the key is that she is talented, and her excellent ability Erin also has to admit that sometimes she is a little less confident than Qin Weimu in terms of talent.
But she doesn't think she's much worse than her.
Isn't it just a few years earlier in his debut?
As for appearance or something, Erin is very confident at this point, because she is four and a half years younger than Qin Weimu, youth is capital, and the other party can't recover from her appearance.
Therefore, Sister Erin, who wants to compare Qin Weimu in all aspects, now focuses on her career and makes up for her shortcomings in this area.
In ancient times, the king of Chu had a thin waist, and he starved to death in the palace.
It can be seen that once a woman makes up her mind, she is also terrifying.
Luo Sheng picked up the audit financial report sent by Erin, this statement is indeed very rushed in time, it is only early July, and many listed companies will not disclose the annual report until August, or the semi-annual report, that is, the second quarterly report.
But this is what Luo Sheng specifically requested, and it needs to be used in negotiations with Wall Street.
Bluestar Technology is now in the stage of spin-off and reorganization, and the business of the group company is global, and it is indeed not easy to get it done in a little more than a week.
Erin's ability to complete the task on schedule is indeed worthy of recognition, and Luo Sheng feels that the best form of recognition is to love her N times in succession on the day she gets off work.
After a while, Luo Sheng put away his thoughts and took a look at the main data of this audited financial report.
Bluestar Technology Group's total revenue in the second quarter was US¥576 million, equivalent to 4.718 billion yuan in Chinese currency, an increase of 32.6% from the previous quarter, far exceeding Wall Street's long-expected 13.8%.
Operating profit was negative in the second quarter, with a loss of $564 million.
Because the audited financial report for the second quarter includes the group's acquisition of three game development expenses, if not included, the company's operating profit could reach $98.57 million.
The quarter-on-quarter increase in operating profit of $3.17 million in the previous quarter reached an astonishing 3109%, directly from the million level to the threshold of breaking 100 million.
It's really taken off, and it's in full swing.
Among them, of the $576 million in revenue, $514 million came from advertising, accounting for 89.23% of the revenue, and the rest was digital music and virtual gifts.
In this revenue data, the total overseas revenue was 450 million US dollars, accounting for 78.12% of the total revenue, compared with 77.57% in the previous quarter, a slight increase.
The proportion of revenue and regional revenue did not change much from the previous quarter, and advertising revenue and overseas revenue still accounted for an absolute proportion in Bluestar Technology Group.
This time, BlueSpace still contributed 93%, an increase of more than one percentage point from the previous quarter.
As for the company's other business segments, Luo Sheng knew that it must be in a state of loss without looking at it, and it was a huge loss, and the following list is indeed the case.
This impressive revenue figure is all supported by the "BlueSpace" business segment.
Costs and expenses for the quarter amounted to $1.14 billion, leaving free cash flow of $536 million, and excluding the $663 million spent on the acquisition of three gaming companies, Bluestar Technology Group would have had free cash flow of $1.158 billion after second-quarter revenue, an increase of more than $40 million sequentially.
At present, the total number of employees of the group company has reached 6,533, and the company expanded its global recruitment by 673 during the second quarter, and more than 85% of the new employees are engineers, and the company is still recruiting on a large scale.
Luo Sheng simply read the audit financial report and closed the file, he was very satisfied with the company's performance in the second quarter, and immediately turned his head to look at Erin who was sitting lazily on the sofa: "Xiao Ai, publish this audit report to the public, and at the same time notify the major shareholders of Bluestar Technology Group to hold an extraordinary shareholders' meeting in 15 days." ”
The rush to release the second-quarter earnings report is to be able to speak louder and stronger to all external investors at the next extraordinary shareholders' meeting.
Being strong and confident to speak out loud also requires solid backing.
……
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Sogou