"It's not like they're all enemies! It's that when you talk to a lot of people, you always have to pay attention to the point and ...... with you Don't worry about that. Park Jin-young seemed to know that what he said was a bit unpleasant, so he quickly explained.

"Worried? What worries? ”

"After all, everyone is a competitor, and sometimes talking too much will expose some secrets of the company, which must be bad!" Park Jin-young shook her head.

"We're competitors, aren't we?"

"A company that can arrange for the head of its own girl group to play the heroine in a Hollywood movie is a rival to us? It's not a level of existence, good or not! Park Jin Young smiled and shook his head, "I didn't swell to that point." ”

"That doesn't sound like what Park Jin-young said." William Wang smiled.

"You say that...... It seems to be too. William Wang's words made Park Zhenying seem a little embarrassed, "Two years ago, I would definitely not say such a thing." ”

"What's wrong, what's going on with the company again?"

"The last time we met, you advised me to give up onderGirls, didn't you?" Park Jin-young's expression seemed to be a little sad.

"I just advise you that instead of holding on, it's better to use the popularity they have built up with "Nobody" to go around other countries, cut a circle of wheat, and pay attention to your existing boy group in China." William Wang thought about what he said last time, "You don't listen, so I won't say more." ”

"Well, now that I think about it, what you said is all good words!" Park Jin-young picked up the water cup and drank it down, then beckoned to the back.

Yu Shengyan's sister hurriedly came over, she knew she was calling her.

"Two bottles of barbecue?" Park Zhenying looked at William Wang and said in an inquiring tone.

"I'm not going to send you home if you've drunk too much."

"It's okay, you don't need to send it." Park Jin-young shook her head with a smile and looked at the girl next to her with a worried face, "Let's have a dozen soju." ”

"A dozen?" The girl was stunned.

"Twelve bottles." William Wang explained beside him.

"Oh! Good! When the girl heard William Wang's words, she immediately nodded and withdrew.

"Why is this waiter a little dumbfounded?" Park Jin-young seemed a little dissatisfied.

"Why do you suddenly think what I'm saying makes sense?" William Wang brought the conversation back.

"After talking to you at the end of last year, I arranged for onderGirls to post a compilation at the beginning of this year."

"Not a good response?"

"You haven't heard of it, have you?" Park Jin-young asked with a smile.

William Wang smiled.

Earlier this year......

CCM's girl group called T-ara, its own company's Dreamcatcher, and Girls' Generation......

Is there any movement at onderGirls? Not at all!

"Then a member of the company asked to quit the team." When Park Jinying spoke, his expression was very embarrassed.

"Quitting? Can you withdraw if you want to? ”

"It's not that you can retreat if you want to, but I really don't want to move, even if I force her to follow her teammates, there's no point, right?" Park Jin-young smiled bitterly, "And what she said is that she wants to go back to study hard, and when this kind of thing is reported in the news, no one will stand on the side of the company, right?" ”

"This girl is also ......," William Wang smiled bitterly.

"Xuanmei also suffered a lot when she was running a trip in the United States before, and now that it has become like this, I don't have much to say." Park Jin-young shook her head.

"So, onderGirls are like they broke up after that compilation that didn't make any movement?" William Wang grasped the key point.

"Basically!" Park Zhenying nodded, "Even if the team is not dispersed, the hearts of the people are scattered, and the team can't be brought." The remaining four children, even if they don't give up, are a little ......"

"I think the development of the two men's groups in your company is not bad! AMPM……”

"It just looks good." Park Jin-young shook his head, "The income is not too much, so the company's performance is not very good." ”

"Isn't it over if you don't lose money?"

"You're not short of money, I'm not." Park Jin-young shook his head, "Besides, the company's stock price has been falling since we came back from the United States......"

"Keep falling?" William Wang was stunned.

"Yes! Compared with the year before last, when Nobody was in the past, it had fallen by more than half. Park Zhenying was a little helpless, "Many of our shareholders are saying that if the company's performance continues like this, the stock price will fall again, and we will sell our company's shares." ”

"Then there's nothing you can do!" William Wang understood the truths of the financial circle very well, so he could only smile, "Do you have any new plans to listen to my advice?" ”

"Well, yes." Park Jin-young nodded.

It just so happened that at this time, Yu Shengyan's sister walked in with a basket of wine and put it on the table.

Park Jin-young opened a bottle by himself and poured it for himself and William Wang.

"What's the plan?"

"In the first four months of this year, a total of thirteen idols returned." Park Zhenying clinked glasses with William Wang, and then continued, "Judging from the data on the record sales side, there are only two people who make money. ”

“…… Dreamcatcher and Girls' Generation? William Wang had a speechless expression.

"Yes." Park Zhenying nodded, "That's more." ”

“…… How is it possible, Girls' Generation's album sales are more than twice as much as ours! William Wang shook his head.

"But they're also very invested! The cost is much higher than yours. Besides, the record sales of the family have always been discounted. Besides, aren't you in the island nation now? I heard that there were 10 fan meetings, 3 shocases, and the venues were full, so isn't the Japanese album going to be released soon? The predictions are all platinum records. It's a lot more money than when I was a girl. ”

"If you want to count the island country...... Well, it's possible. William Wang nodded.

Indeed, compared to the market on the peninsula, the difference in the size of the island country is completely an order of magnitude difference.

"But what's the point of saying that?"

"That is to say, the girl group must be able to make money." Park Zhenying said seriously. "Maybe even more than the boy band."

“…… You're not talking nonsense! ”

"You think it's nonsense, but it's not in the circle." Park Zhenying shook his head seriously, "Before 07, no one believed that the girl group could make money. After all, the boy group earns women's money......"

"The girl group can also earn women's money, and it can also earn men's money, so I don't understand why I think the girl group doesn't make money."

"That's the key!" Park Zhenying sighed with a look on his face, "When I invested in onderGirls before, many people didn't understand, but until now I don't regret it, I think that the girl group can make money, and it can make a lot of money, it's just that I worked in the wrong direction before." ”

"Hmm." William Wang agrees with this sentence.

Then, William Wang reacted.

"Are you planning to push another girl group?"

"Yes." Park Zhenying nodded seriously.

"Didn't you just say that your company's financial situation is not good, and the company's stock price has fallen, and you have the money to launch a new group?" William Wang was a little surprised. "That's a lot of investment, right?"

"It's okay, the current men's group can provide the company with some ...... of running water"

"You ......" William Wang was stunned for a moment and smiled.

He shook his head and didn't say anything.

"What, don't you think so?"

"How much equity do you have in your company?"

"Less than 30%...... But it is the largest shareholder. Why do you ask this? Park Jin-young was stunned.

"Then I really advise you, don't push." William Wang said seriously, "Otherwise, you are likely to lose your company." ”

“…… What kind of logic is this? Park Jin-young was stunned.

"The failure of your development in the United States was basically determined in the second half of last year, right?"

"That's not ...... say"

"Don't look for it, the stock price has been falling since the second half of last year, right?"

“…… Well. ”

"The stock price decline affected by the company's development strategy has not lasted for more than half a year like this, and most of them will be in place in a short period of time." William Wang said seriously, "You have been going down like this, it is obvious that someone should be suppressing your company's stock price, and some people don't think so, and the two sides wrestle to have the current situation." ”

"But now the company's stock price is still much higher than before onderGirls' debut!" Park Jin-young thought for a while and said.

"So they're still pressing!"

“…… What do you do when you drive down the stock price...... Is it ......?"

"I'm not sure, but maybe someone really thinks so." William Wang retreated a little, "Are the returns of your two men's groups very low now?" ”

"It adds up to about 10 billion a year, right?" Park Jin-young thought for a while and said.

"What is your company's share price?"

"The current price is about 130 billion ......"

"Thirteen times the price-earnings ratio! Shareholders still think that the profit is low? William Wang laughed, "Our company has a profit of up to 100 million a year, and there are still people rushing to buy the market value of 2 billion!" Do you think your shareholders are normal? ”

Be quiet.

"So I'm supposed to keep the company's flow?" Park Jin-young's expression was ugly.

He already understood the meaning of William Wang's words.

Someone must have offered the company's shareholders a price to make them feel that the company's current profit is too low compared to the price at which they bought their shares.

If you use the company's turnover to promote the new group, although it can be regarded as an increase in the company's assets, but there is no profit flow, those shareholders are likely to sell the company's equity directly.

"If I am you, I will first find a way to make the company's financial report in the second half of this year look good, so that the company's stock price will rise back, so that your shareholders will also increase the price of selling equity. William Wang took a sip of wine and then gave advice. "Enter a virtuous circle."

"Additional equity? Wouldn't my holdings become less? Park Jin-young was stunned when she heard this.

"You don't control 30% of the matter now, do you?"

"But 30% is better than further reduction!"

"At a shareholder meeting, there is no difference between 49 percent and 1 percent." William Wang said seriously.

"But I can consider increasing my holdings......"

"Can you afford to buy it yourself?"

"If you go to the bank for mortgage financing......

"Believe it or not, as soon as the loan procedures are completed, the stock price will fly up over there. You won't be able to buy even half of the equity you can buy at the price at the time of the mortgage. William Wang said with a smile, "When the time comes, people don't have to buy the equity of other people in your company, just wait for you to pay the interest after a year or two, and it is enough to bid for the equity you mortgaged to the bank." ”

“…… Is that so? ”

Park Jin-young was silent.

"Of course, the advice was given by me, you can not listen to it, after all, I don't know if the problem of your company's stock price is too much for me." William Wang smiled and took back half of what he said.

"yes, I see." Park Zhenying nodded, "Tell me about your company, right?" ”

"What is there to say?" William Wang smiled.

Park Jin-young is clearly unwilling to listen to his own advice.

That's right, when he got into that with Hong Seung-sung, it was obvious that Park Jin-young didn't want to have a different voice from himself in JYP.

Own advice...... There's no way he'll be able to listen to it, right?

"You just said that your company's profit is only 100 million a year?" Park Jin-young asked a little curiously, "Impossible, right?" Is the overhead that big? ”

"Okay...... I'm talking about dollars. ”

"A hundred billion? It's a lot...... But it's still a little lower than I thought before! ”

"No way, it's a small company after all......"

"You also call it a small company? By the way, how much capital has your company invested? Park Jin-young remembered something he had wanted to ask for a long time.

"A hundred million dollars, right? But it didn't use so much. William Wang thought for a moment and replied. It seems that a total of about 20 million was invested, right? ”

"And then it took three years to become a two-billion dollar company?" Park Jin-young is genuinely a little envious. "We probably put in a million or two million dollars, right? It took more than ten years to get to where it is now......"

"If I go public, I think this company will be worth about five billion dollars." William Wang said lightly. "If it works."

“…… So why don't you go public? ”

"I'm not short of the money."

"Do you own your company?"

"I have a 35% stake." William Wang said lightly.

"Isn't that five billion dollars nearly two billion?"

"It's all said that it's not bad for this money......"

“……”

Park Jinying suddenly felt that it would be better not to talk about this topic otherwise.