At 8:45 p.m. on January 18, after the release of the annual report of Bluestar Technology Group, the management, including Luo Sheng, participated in the earnings call.

Investors can dial the access number, enter the password according to the prompts, enter the correct password, and the system will inform the participants that the password verification has passed, and then enter the meeting.

If the password entered is incorrect, the system will provide two chances to re-enter it, and if all the three entries are incorrect, the system will automatically hang up the external line.

Bluestar Technology Group's earnings call has always been very popular, with a large number of followers and investors from home and abroad.

Such a large company has actually fully communicated before the conference call, and the questions that should be asked have been asked, and the conference call is generally to go through a process to make a joke, and throw out some questions to lead the listed company to let the market know the highlights and plans, or to tell what the market is interested in.

Tell the main information you want to disclose to the market, and then answer some questions that investors want to ask.

There are many investors who participated in this earnings call, and they are also very concerned, because it has been stated at the time of the pre-disclosure that important plan resolutions will be announced at the earnings conference, and the founders will also participate.

Naturally, this earnings call also received more attention than usual.

Mr. Luo, who was sitting in his private office at home and a conference call was underway, said: "Bluestar Technology has a market capitalization of $47 billion from its opening price of $54.02 per share when it went public in 2006. It has been listed for 15 years, and the stock price has risen to $1872.72 per share, with a market value of $3.76 trillion, bringing investors a yield of 7904.89% over the past 15 years. ”

Among the participants in the conference call, a retail investor from China with a U.S. stock securities account quickly bought 733 shares through the secondary market at the opening of the market on the day of Bluestar Technology's listing, and has not moved it as a pension position, buying about $40,000.

His purchase price at the time was $56.25.

Now, the $41,200 that this investor invested fifteen years ago has become $1,372,700, or about 9,175,000 yuan, and the income from his personal buying point has reached about 32 times in 15 years.

In fact, this investor is the most "lazy" investment strategy, of course, the most stable, and there are several investors among the participants who pursue high-yield risk operations, just staring at Bluestar Technology to do swing arbitrage, in several key sharp rises and falls to achieve high selling and low buying, although there are also failed operations, but in the past fifteen years as a whole, it has brought more than 220 times the horror income.

In fact, few domestic investors believe that there is real value investment, and they are all speculative, until Luo Sheng's company is listed, they believe in value investment.

Luo Sheng said: "There is no doubt that the investors who have accompanied us along the way have received rich returns, and I would like to thank the investors for their perseverance, and the rose of time will eventually bloom and bring returns beyond expectations." ”

"After fifteen years of rapid development, the share price of Bluestar Technology has reached $1872.72 per share, and the market value has reached $3.76 trillion, which is already difficult to rise, but is this the ceiling of Bluestar Technology? No, it's not, Bluestar Technology's ceiling is much more than that. ”

"The reason why it can't go up is because now a stock price of more than $1,800 blocks the vast majority of investors, and this price is 1.25 million yuan to invest in the domestic market, even in the U.S. stock market, which obviously discourages many investors, and the consequence is that the liquidity of Bluestar Technology is getting worse and worse, and the trading is becoming less and less active."

"Bluestar Technology's current net earnings per share is 91.2 US dollars, and the PE P/E ratio of about 20 times is obviously far lower than the reasonable range of the market, and we believe that it should be in the reasonable range of 30~35 times PE P/E ratio, in other words, the market value of Bluestar Technology is now a seriously undervalued company."

The small and medium-sized investors who participated in the earnings call couldn't help but be short of breath, so the archbishop is hinting that the stock price of Bluestar Technology still has room to rise by more than 70% in the future?

Should Bluestar Technology's market capitalization be in the $6.5 trillion range to be reasonable?

This is a number that many people can't even think of, but many institutional investors, especially Wall Street asset managers such as Goldman Sachs and Citigroup, did not have much turbulence when they heard Luo Sheng's words.

In fact, they already know what the management of Bluestar Technology is going to do, because they have a place on the board of directors, although it is equivalent to having no right to speak, but they have the right to know.

Wall Street shouted for a stock split when the stock price of Bluestar Technology rose to $1,000, and it had to be proposed once a year at the regular shareholders' meeting, this year it was Goldman Sachs, next year it was Citigroup, the year after next it was Morgan, and then every year it was rejected by Luo Sheng.

The PE of non-stock splits cannot go up at all, resulting in the company's valuation always being undervalued.

Because as the stock price continues to rise, investors who hold the target are reluctant to sell, and they can't buy chips if they want to invest in new investments, or they are too expensive to buy, thus suppressing the actual value of the company.

An Internet high-tech company with an annual net profit of more than 180 billion US dollars has only 20 times the PE, which is obviously very unreasonable.

You must know that Amazon's PE is more than 100 times, and the price-earnings ratio of old technology giants such as Microsoft is also more than 35 times.

Luo Sheng smiled: "Speaking of which, I think the participants present should know what I am going to say next, yes, we passed the stock split plan at yesterday's Bluestar Technology Board of Directors, which will implement a share split on Wednesday, January 23, and the stock will begin to trade at the price adjusted after the split on Monday, January 28. ”

At this moment, when Bluestar Technology was conducting an annual report conference call, the company's pre-market trading in the U.S. stock market had risen +2.21%, at the moment when Luo Sheng personally announced Bluestar Technology's one-to-ten stock split.

At that time, at 9:37 local time in North America, the U.S. stock market had already begun to trade, and with the blessing of the unplanned and strengthened annual financial report of the stock split, the share price of Bluestar Technology rose to +7.26%, and the market value increased by $273.1 billion.

This number stunned countless friends, it really rose by the market value of the first line of the ICBC universe at once, and such a large base volume can be so violently raised, which can be called brutal.

It can be seen that compared with the North American capital market, Big A is still a lot more tender.

Financial media institutions at home and abroad released a news report for the first time, and Bluestar Technology Group has just created an unprecedented world record, with the company's total market value standing at the integer mark of 4 trillion US dollars, with a specific figure of 4,035.4 billion US dollars.

Become the first company in the world to exceed trillion, two, three trillion and four trillion dollars in market capitalization.

Is it really the stock price of Bluestar Technology?

……