Chapter 108 Three Million Dollars

  When all the work arrangements, including recruitment, training, grouping, and office relocation, have been arranged, Xia Jingxing is ready to return to China.

  It’s been almost a year since I went abroad. No matter how busy I am, it is indeed time to go home.

  Before leaving, he called Andrew and Principal John to inform them of going home, and entrusted them to look after the company. They naturally agreed.

   Then, he called the foreign girl and the little dog to explain some work, and then talked about the NetEase stock.

  "Is it finally available for sale?"

  After hearing the exact news from Xia Jingxing, the little dog was overjoyed and said: "I wanted to sell it a long time ago. Seeing that the stock price is getting higher day by day, I am afraid that it will suddenly plummet!"

  The foreign girl gave him a glance and joked: "If you sold it early, could you make so much now?"

  The little dog laughed twice, "Isn't there a boss to guide my life direction?"

  Xia Jingxing smiled, turned on the computer, and checked NetEase’s stock price.

  36.8 USD/share.

  He has a total of 84,000 shares in his hand, with a total market value of 3,091,200 US dollars.

  After deducting 85,000 US dollars of leveraged loans and interest, as well as 5,000 US dollars borrowed from foreign girls and little dogs, the floating profit is nearly 3 million US dollars.

  He divided into multiple batches, and invested a total of 60,000 US dollars in principal.

  I sold it halfway through, and the time it paid the patent application and Andrew’s attorney's fees, it sold for more than 6,000 US dollars.

   Counting the 5,000 US dollars in loans of foreign girls and little dogs, the actual investment in principal is still almost 60,000 US dollars.

  60 thousand to 3 million, earning almost 50 times!

  If you don’t use leverage, you can only earn about twenty times.

  In fact, selling NetEase stocks now is far from reaching the high point of the stock price in the past one or two years.

  Xia Jingxing clearly remembers that NetEase’s share price exceeded $72 in October or so in the second half of this year.

  In other words, if you wait three or four months, you can earn twice as much!

  Xia Jingxing did not rush to put the stock on sale, but searched and found another stock.

  The stock code is UHAL, and the Chinese name is "Aimeike".

  Xia Jingxing turned his head and said to the two of them: “Next, I want to buy this stock. Do you want to buy some?

  Because of financial fraud, NetEase caught up with the Internet bubble before, so its value was seriously underestimated.

  With the great success of the company's game business and SP business, NetEase has begun to make a profit, and its financial report is getting better and better.

  Next, there may be a certain increase, and the stock price may rise to 60 or 70 US dollars. "

  "Since the stock price still has room to rise, why do you want to sell it?"

  The foreign girl looked at Xia Jingxing in confusion, and she clearly saw how much money was in the latter’s stock account.

  If the stock price doubles, you can make another three million dollars.

  So much money, want to give up?

  Xia Jingxing did not expect that Yang Niu would ask this, and explained with a smile: "Netease's stock price trend, I am just guessing. It is very likely that the stock price will maintain a steady upward trend in the future, or even drop slightly.

   But in the long run, five years and ten years are used as cycles to calculate.

  As an up-and-coming game company in China, NetEase has a high probability of enjoying the explosive dividends of the Chinese Internet industry.

  In the long run, this company is very suitable for value investment. "

  The foreign girl became more and more unintelligible, frowning and said: "You don't like doing value investing?"

  Xia Jingxing slapped his forehead, and the more he smeared, he replied simply and neatly: “Yes, I prefer to look for a company like NetEase that fell into a trough a year ago and was seriously undervalued.

  Because of investing in this kind of company, I earn more. "

  "At the same time, the risk will be greater!"

   Yang Niu added.

   "Yes, what you said is right, it is true. Risk and return have always been proportional."

  The foreign girl pointed to the computer, "Then what company is this Aimei?"

  Xia Jingxing looked at the curious eyes of the two, and simply introduced it.

  Aimei is an American trailer rental company, with branches all over the United States and even Canada, occupying a considerable market share.

Around 2000, in order to further expand the company's scale, the company diversified its debt at all costs, established an insurance subsidiary, and made high-risk investments.

  As a result, the insurance subsidiary can bring losses of more than 100 million U.S. dollars to Amy every year.

  In addition, due to its excessive expansion, its debt has soared, and it has fallen into a financial crisis.

  In June of this year, this month, Aimee may enter bankruptcy protection.

  The huge risk caused the company’s stock price to fall from several tens of dollars to below 4 dollars. Many people were afraid to avoid it.

  After listening, Yang Niu and Little Dog understood that they were very similar to NetEase last year.

  The foreign girl leaned close to Xia Jingxing and looked at the stock price trend close to the computer screen.

  Xia Jingxing pointed to the stock price chart and introduced to her: "The stock price of Amicco last month was more than 9 US dollars. After entering bankruptcy protection, the stock price fell directly to a little more than 3 US dollars.

   There is very little time left for us to consider, because its net asset per share is more than $50.

  Once the financial situation improves slightly, the stock price may soar at any time! "

  The foreign girl frowned, "Have their financial statements been audited? Will there be fraud?"

  Xia Jingxing gave the foreign girl a glance, yes, it depends on the level of the problem.

  Xia Jingxing put on a pretense, “I am a rich Chinese friend who also discovered this stock, but he has the same concerns as you.

  So in order to avoid misjudgment, he hired accountants and lawyers to investigate the company’s asset status, bankruptcy protection status, and analyze the company’s report.

  In addition, he himself went to the Emico store to inquire about and experience the company’s business and services.

  Through a series of investigations, my friend found that Amicco’s core business is well operated, with outstanding competitive advantages, stable sales income and abundant cash flow.

  As long as the company can survive, withdraw from high-risk investment fields, and sell part of its commercial real estate at the same time, its financial situation can be improved immediately.

  Once the bankruptcy protection is lifted, the stock price is bound to rise to where he should have been. "

  Xia Jingxing’s friend is Duan Feite, and his investment vision is extremely accurate.

  After experiencing the sweetness of Netease, he came to Amic to test the investment strategy, and the result was once again a big success.

   "Then there is no problem, I will follow you to buy."

  The foreign girl nodded. If you have done a detailed investigation and there is no financial fraud, then you can still invest a sum of money.

   Following Xia Jingxing, she also tasted a lot of investment sweetness.

  She doesn’t invest much, she only invests in NetEase stocks bought at an average price of around US$2,000, which is around US$3.

  Holding it up to now, it has earned about 12 times, and the profit is more than 20,000 U.S. dollars.

  The little dog earns more than her. He invested 5,000 US dollars, not including the principal, and earned more than 50,000 US dollars.

  Actually, the two of them can earn more.

  When the stock price fell below US$1.8 and Xia Jingxing almost sold out, the babes and the little dog each lent Xia Jingxing two thousand and three thousand dollars.

  The money was originally used by them to increase the position, but in the end it was lent to Xia Jingxing, who was more in need at the time.

  Xia Jingxing always remembered this love, so he decided to take them to make some more money.

  The foreign girl finished her attitude, and it was the dog's turn.

  The little dog held his head up, "Do I still have to ask? Save 10,000 US dollars for consumption, and buy all the other 50,000 US dollars."

  Xia Jingxing put all 84,000 shares on the sell order, and there was no one left, and he was ready to clear all the shares.

  Puppies and foreign girls also follow suit, all of them are cleared.

  (End of this chapter)