"Husband~ It's such a waste that you don't come to New York for Christmas!" Tang Mingxiang made a delicate phone call in the evening of Eastern Time, "It snowed heavily in New York two days ago. I talked to He Li and Wang Lei
They have built several snowmen! There are them downstairs in the apartment and also under the company building!"
"I'm not busy!" Xiao Qi thought about his beautiful and charming wife, and he wanted to fly to the United States. "You didn't even say you would come back! Forget it about Christmas, you won't come back during the spring break. Let's see what happens when I go to the United States.
Get rid of you!"
"Giggle~~ If you're busy, why don't I be busy? I have to go to class and manage the company, so I'm very tired! I heard from Cai'er that you often skip classes!" Tang Mingxiang spat out her sweet tongue and said to Xiao Qi
She said coquettishly: "I'm still waiting to buy back my sexy girlfriend! It's all you, let me hold on, hold on, hold on! I'm so anxious about waiting~~"
Speaking of which, Tang Mingxiang is also a stubborn girl.
Although she didn't regret selling the pornographic pornographic pornographic movie because she made a huge profit of more than 30 billion US dollars through it, Xiao Qi had promised her before that she could buy it back, otherwise she wouldn't do it because of it.
Money and sold cho color g day l.
To put it a bit exaggeratedly, Cho Se G Ri L is a child she personally trained. As long as there is a little bit of hope, she will not sell it. Now that she has sold it after listening to Xiao Qi's words, deep down in her heart she has always wanted to
I want to pick up the sexy girl back.
The reason why the dozens of elites under Tang Mingxiang have always been with Tang Mingxiang is probably for this reason.
As for some senior executives who joined one after another later, they did not understand the thoughts of their group of entrepreneurs, and they just regarded this as a business of selling high and buying low.
In the past two days, Bear Stearns was acquired with emergency assistance from JPMorgan Chase, causing the U.S. stock market to plummet again. Almost 80% of companies were not spared, and even many companies that were not listed or were preparing to be listed began a new round of valuation.
Round plummeted.
The collapse of valuations triggering large-scale panic seems a bit funny to outsiders.
You haven’t sold it, you haven’t listed it on the market, you haven’t had a valuation or anything like that. Is it that important?
In fact, this is more important than people think.
Because the valuation of a company represents the confidence of social capital in it, once no one has confidence in it, even if it is reluctantly listed, it will be abandoned by people.
Of course, this does not mean that the higher the valuation of a company, the better, but if it is lower than its cost price, it will obviously be a disaster.
Because of the subprime mortgage crisis in the United States, Choseg Japan has experienced two sharp declines before. The first time was from a valuation of 47.5 billion to 40 billion, then it fell to 35 billion, and now it is only three
Within a few days, Morgan Stanley, which was responsible for the IPO listing of Chose Gri, had already reduced the valuation of the IPO to 30 billion U.S. dollars, which was a heavy loss.
However, Morgan Stanley already has the highest valuation for ChoSeGriL. Other investment banks and financial groups even think that ChoSeGriL’s IPO price is still artificially high. It should be lowered a little to make it easier to operate.
You know, in less than 6 months since Tang Mingxiang signed the share sale agreement on July 19 last year, 47.5 billion has turned into 30 billion, and 17.5 billion worth of money has just evaporated. It’s really
It makes its six major shareholders want to cry even in their dreams.
Originally, if there had been no subprime mortgage crisis, the target price for the IPO of Chose G Japan would have been around US$60 billion, and it is likely to exceed US$90 billion or even US$100 billion after the listing.
Think about it. It employs more than 50,000 people, and the total number of group buying orders every day exceeds 80 million. It is the absolute leader in the group buying industry. How can such an excellent company not be valuable enough?
It is a pity that these investment experts are not very lucky. They do not know like Xiao Qi that the subprime mortgage crisis will soon be followed by a more serious subprime mortgage crisis. After the more serious subprime mortgage crisis, it will still be the most serious in 30 years.
The financial crisis... not to mention ordinary people crying, even these experts fell to their knees.
At the time of the outbreak of the credit crisis, although the valuation of Chose G Japan has dropped to 30 billion U.S. dollars, they still dare not go public directly with an IPO. Otherwise, if the market does not buy it, the value will not be 30 billion U.S. dollars.
It may not necessarily fall straight to the bottom.
So it’s better to wait and see.
These six major shareholders are not very short of money. They are all groups with strong capital. I dare not say that there will be no problem if they wait for one or two years, but there will be no problem if they can hold on for at least three to five months.
If they don't even have this patience, they are not considered an investment group, but a speculative group.
Although not all Americans are like Mr. Buffett, who can wait more than ten years to see the overall return of a stock, they are still very cautious in their attitude towards a good company.
Is cho color g day l good?
Of course it is an extremely good Internet company! It has changed people's lives to a certain extent and has become an indispensable part of many people's lives.
If we miss this unlucky opportunity, it is very likely that ChoseGri will become the second Yahoo and the second Google!
So their confidence is sufficient, at least for now!
All right.
Xiao Qi had a lot of information. After he knew the thoughts of the six major shareholders, he immediately felt at ease.
In fact, in Xiao Qi's view, going public now is the last chance for Chose Gri l, because although the current economic situation is very poor, it is extremely good compared to a year later.
Now listed, the market value of ChoSeGriL should be around 50 billion U.S. dollars, which is far from the expectations of the six major shareholders. But with such slow development, laying the foundation, and doing things, there will always be a turnaround, and
In the stock market, excellent stocks are always good because they have their own foundation and cannot fall to the bottom.
Once Chosegri is given several opportunities, or encounters any opportunity, it is definitely not unimaginable that Chosegri can emerge from the financial crisis ahead of others and become a star stock.
If you miss this opportunity, the situation will be much worse than it is now in the next one or two years. The valuation of Chosegri will definitely continue to decrease, and the monthly operating costs will be astronomical.
It will definitely become a burden for the six major shareholders.
At that time, the more afraid you are, the less you dare to go public. The less you dare to go public, the lower the valuation, and the more afraid you are... If this cycle continues, it will not be until the end of 2009 at least.
's turning point.
But will these investment companies and banks have such patience?
Not much else to say, Citibank's current situation is only better than that of Merrill Lynch, but it still suffered heavy losses in the subprime debt crisis. If they don't rely on selling some high-quality assets to tide over the crisis, what is left for them is a dead end.
.
In addition, Green Pine Capital, Bayeux Venture Capital, and Blackstone Capital all operate with a large amount of investors' money. They are actually small investment banks. Once a financial crisis occurs, a large number of panic redemption events will occur.
Maybe it will be the second or third Bear Stearns.
Therefore, except that Amazon is not easy to deal with, together with Itochu Corporation's shares, Tang Mingxiang is basically sure to recover more than 80% of the shares.
Xiao Qi told Tang Mingxiang his judgment about the future. All Tang Mingxiang needs to do now is one word - wait!
Slowly they will lose their composure, and then it will be Tang Mingxiang's team's chance to perform.
Even in the next one or two years, Tang Mingxiang's management team was not only able to buy back Chosel, but also picked up many good companies that were crushed by the financial crisis.
Speaking of these manager teams, they are now full of admiration for Tang Mingxiang.
During the original half-year period, apart from participating in acquisition negotiations for Facebook and Zappos, and actively collecting information on pornographic pornographic sites, they didn't have much to do. It was inevitable that some of them felt a little unstable.
But seeing that in the past three months, as Tang Mingxiang had predicted, the mercury had plummeted, they were so impressed by their beautiful boss's extraordinary foresight that they immediately became determined and continued to follow.
Don’t underestimate Boss Tang’s determination to mess around. Whether a person has confidence in his boss will directly affect his work attitude and enthusiasm, and will also affect the quality of his work.
In the words of Uncle Ge, "if people's hearts are broken, it will be difficult to lead the team." Thinking about it conversely, as long as they have confidence in Tang Mingxiang and patiently wait for the opportunity, then after the acquisition of Chose Gri l, they will have to
You will be revitalized in just a few months.
Tang Mingxiang wants to take back Cho Sex Girl, not just because she is the founder. The most important thing is that the little fairy already has WeChat, a platform that attracts the world's attention. If she doesn't have an equally dazzling one
Platform, I always feel like I'm being outdone by Huangfu Cai. How can this be done?
She is a girl who wants to be the eldest wife of the Xiao family!
The little fairy is not bad, but the little beauty like her is not good either.
They are both childhood sweethearts, but Tang Mingxiang is not willing to give up the title of Xiao family's eldest wife to Huangfucai for no reason~~(To be continued...)
ps: It is said that in 2008, Li Chaoren held 200 billion Hong Kong dollars in his hand for future use, and the scholar touched his body... Ahem! By the way, today is the Chinese Valentine's Day, everyone will finally get married!