What is the function of the stock market, let theorists explain in detail, what macroeconomic and micro elements, what enterprise management and governance individuals share development, it is estimated that three days and three nights will not be able to finish.

But in the view of Qian Feng, who has seen through the doorway, it is the investment and financing transaction market for equity trading. Among a bunch of people, you have me, I have you, I sell stocks to collect money, you buy stocks to spend money; among a number of people, you say I am with you, I talk about you listen, I talk a lot about the reason for selling stocks, you ponder the reason why you buy stocks, as long as everyone agrees, OK, deal.

Of course, as long as there is a transaction, there will be deception, and as long as there is a sale, there will be fooling. It can also be understood as consensual, willing to fight.

If you want to take it first, you must give it first.

What Qian Feng wants to give Zhao Wei is not inside information, but the doorway of the stock market, which allows her to make hundreds of millions of dollars.

"Ask Director Zhao, how much has your average annual salary income been in the past three years?" Qian Feng asked.

Zhao snorted slightly, "It's hard to reveal this, right?!"

"Don't worry, I'm not from your circle, and knowing it will have no effect on you. Qian Feng smiled.

"Alas, not as much as the outside world says, it's all news that has been released to raise its value. Zhao Wei squirmed and said, "It's actually about 30 million, and I can't make much." ”

"Coupled with advertising endorsements, how many can you go to the cave or something?"

"Jump up to 40 million. ”

"How much do you expect to earn on average each year for the next three years?"

"Well, if it doesn't go downhill, it should be pretty much the same. Zhao smiled and said, "This thing is not easy to predict, in case it becomes popular again, or, it is not impossible for the back waves of the Yangtze River to push the front waves and be slapped on the beach." ”

"Then what do you estimate for the next ten years?" Qian Feng asked again, causing Zhao Wei to punch Qian Feng in the chest, and rubbed Qian Feng after the hammer.

"Are you teasing me or making fun of me. Zhao Wei pretended to be angry, "Then where can I estimate it, actresses eat youth, I'm afraid that they will be out of breath after 5 years, and the entertainment industry can't be mixed." So, don't you just want to rely on your friends to help you and seek transformation? ”

"Do you know how the stock market calculates the valuation of listed companies?" Qian Feng asked again.

Zhao Wei was interested, she listened to Qian Feng talking about his business, and there might be something good to tell her, "Know a little, what price-earnings ratio or something." ”

"Well, the P/E ratio is one aspect. Let's use the price-to-earnings ratio to calculate it. Usually, the stock of a listed company is calculated at a central P/E ratio of 20 times, and if it has a profit of 40 million a year, then it should be worth a total market value of 800 million yuan, in other words, if someone wants to buy such a company, they have to shell out 800 million. ”

Zhao Wei was a little confused when he heard Qian Feng say, but he still nodded.

"If you register an asset-light company and treat you as a product, and the company's main business is your acting income, then your company's current annual profit is 40 million, isn't it?" Qian Feng asked.

Zhao Wei continued to nod, Qian Feng's simple statement was easy to understand, it was like this.

Thinking about it again, but what does this have to do with the stock market, I subconsciously shook my head again.

Qian Feng smiled, after all, she was just an actor, so she further explained, "In other words, a company like yours can be worth 800 million yuan if it is put on the stock market." ”

"You mean, I'm going to register such a company and go public?!" Zhao Wei chuckled, "I can think like this, but can the place in charge let me go public?!"

"Of course it's not possible, but it's still possible to sell it to a listed company. Qian Feng replied.

Zhao Wei slowly stopped laughing, tilted his head and thought, Qian Feng didn't seem to be a joke, but it seemed to have a little meaning.

"If you sell such a company on the stock market, you can get 800 million at once. Qian Feng continued, "That is to say, if you earn 40 million a year, you can cash out 800 million in advance in the next 20 years, just like going to the bank to withdraw money." ”

yes, that's true.

"I can earn 40 million a year now, and I can make it clear how much I can earn in the future, but I will definitely not be able to earn 800 million acting income in 20 years?" Zhao Wei said suspiciously.

"But the stock market calculates its value by looking back at the previous period and looking at the present, and as for the future, it is called the expected value. Qian Feng replied with a smile, "Since it is expected, optimistic people will think about the good, and pessimistic people will think about the bad." Of course, it is also necessary to tell the story well, tell it beautifully, and make people excited. ”

"Wait, I'll lie down and digest what you said. Zhao Wei said, turned around and lay down on the sofa, his head rested on Qian Feng's legs, and then grabbed Qian Feng's hand and held it with both hands, and put it on his stomach.

Then, his finger pointed at the back of Qian Feng's hand, thinking about it matter-of-factly.

"There are a few questions, you can teach me again. After a while, Zhao Wei smiled with big eyes, "I'll register a film and television company, and then sign myself myself, and I can sign a few more promising ones, so that the company's packaging is completed, right?"

Qian Feng looked down at her and nodded. Yes, she is really a smart actress.

"The question is, which listed company will come to buy my company?" Zhao Wei's eyes flashed.

"As long as the packaging is good, willing buyers will naturally have. For example, existing film and television listed companies or pan-cultural listed companies need to make some extended acquisitions in order to make a bigger market; for example, some unrelated listed companies have a very poor main business or even lose money, so they need to buy and merge projects with exact profits to support the financial statements, so as to avoid losses and caps; and for example, some listed companies need to create good or effective effects for a certain purpose, and they will also consider it. ”

"But I still don't believe that I can sell for 800 million yuan, you just calculated it in an ideal, similar to a blank check, which listed company would be so stupid. ”

"Don't believe it, there are such stupid listed companies willing to do such a thing," Qian Feng explained with a smile, "The premise is that there must be interest transfer or arbitrage space in this, and when I say stupid, I mean that they will deliberately pretend to be stupid, and then, tell the story of the sky to buy your company, anyway, the money is not spent on their own, it is all on the stock market, and the interests of white flowers can go into their own pockets." ”

Hearing this, Zhao Wei got up and sat up cross-legged, listening carefully next to Qian Feng's side.

"There are a lot of ways to buy here. Qian Feng continued, "The most direct is the cash acquisition of listed companies, or the acquisition of all shareholders through allotment financing, or the purchase of financing by means of non-public issuance, or the merger by replacing the equity of listed companies with consideration, and the issuance of convertible bonds is also a way. You see, except for the way of directly taking out cash, everything else is not to use other people's money to do their own good deeds. ”

Zhao Wei sounded interested, "Yes, but how to do a good thing about the transfer of benefits?"

"For example, for example, we use non-public additional issuance to raise funds to buy, and issue additional shares to our investment institutions, 800 million yuan will be carried by us, and then, as soon as the ban is lifted, we will sell the stocks on the stock market and return the funds. Qian Feng said, "The reason why we are willing to go is because there will be a discount space for the additional issue price, or other black-box compensation to ensure that we have room for profit." As for the 800 million, you will share the account with the people on the side of the listed company, anyway, you are good, he is good, and I am good. ”

"Oh...," Zhao nodded slightly, "I roughly understand." ”

"However, the valuation of 800 million yuan just mentioned is calculated according to the secondary market of the stock market, and now it is sold to listed companies for cash, and it must be measured according to the primary equity market. Qian Feng added, "After cashing out, as for what kind of profitability your company will maintain in the future, that's a story for another time." ”

"400 million is very, very impressive. Zhao Wei's eyes lit up, "So, I'm going to do it." ”

Qian Feng nodded.

......

The cash-out content of this chapter is not a joke, among the listed companies, there are already Oriental Net#, Wentou Holdings#, Tang Deying#, Great Wall Shadow#, etc., and a large number of stars, including Blanket Xingbingbing's success... , for a while, "a certain meeting" couldn't stand it anymore, and stopped it.