My Age of Investment

Chapter 599: Good people live well (see monthly pass)

  Chapter 599 Good people are safe in their lives (seeking monthly pass)

  Fenghuo has continued for three months, and the stock price has risen by 10,000!

  Spurred by the major good news of the "45 million US dollar advertising contract", Focus Media's stock price has ushered in a skyrocket.

  From a little over 40 dollars per share (ADS), it rose directly to more than 60 dollars.

  At this time, Focus Media also announced that it will acquire a mobile phone targeted advertising service provider-Kaiwei Dianbao Network Technology Co., Ltd., with US$15 million in cash and US$15 million in stocks.

  Focus Media’s entry into mobile advertising, this good news is like a raging fire, adding new growth momentum to the already skyrocketing stock price, and the business imagination has become larger.

  Various investment banks on Wall Street have given a “buy” rating and set target stock prices at US$90 and US$100.

  Behind this, it is not only Xia Jingxing alone who is making efforts.

  Major shareholder Carlyle Investments, Goldman Sachs and Credit Suisse First Boston, which are responsible for the underwriting of listings and self-operated business units that have bought Focus stocks, are all lifting their hands.

  Focus Media has been making big acquisitions since its listing, and its stock price has also been soaring. This is inseparable from Wall Street's instructions and cooperation.

  In the past life, when Focus delisted, the market value was only 2.7 billion US dollars, and shareholders cashed out 1.7 billion US dollars.

  The muddy water fly chose to short it because it saw the cracks in the rotten egg, and it was accurate.

  For this reason, Focus also compensated US minority shareholders who participated in the class action, and reached a settlement with the SEC.

  Xia Jingxing is not going to accompany them to continue playing the capital game.

  As for the Wall Street shareholders of Focus Media who are carrying their sedan chair, let them continue to play music and then dance.

  Juzhong has been merged by Focus. Although several small advertising companies will be acquired in the future, they are all very tasteless. He is not optimistic about the outlook of Focus.

  At the same time that the stock price of Focus has soared, the war between ten Internet companies and five rivals has also entered a fever.

  In the words of a netizen: “The elevator on the left I took to work in the morning, the advertisement was 58.com; the elevator on the right when I got off work in the afternoon, the advertisement was Ganji..."

  Both camps, advertising shops are everywhere, and it is close combat.

  Money is constantly burning.

The growth momentum of   Youku, 58.com and other companies has been greatly curbed, but the data growth is still good.

Companies such as Tudou and Ganji.com have halted the decline and maintained their position as market leaders.

  Fighting with immortals has always caused mortals to suffer.

  Take the online videos where Youku and Tudou are located as examples. 56.net, PPTV, PPS and other websites have been greatly affected, and the data has gone crazy.

  The industry pattern is slowly taking shape.

  Kr Tudou and Youku rank the first echelon, while other companies can only be in the second and third echelons.

  No matter how good the website experience is, no matter how good the product is, it can’t hold up other people’s ads.

  Under this feeling of envy, jealousy and hatred, entrepreneurs in five sub-sectors have called on the Internet: peace is the most precious, and it is not advisable to burn money indiscriminately. Sooner or later they will encounter capital backlash...

  The two big camps that have killed the red eye will not stop because of these sounds at all, and even taste the sweetness. They also start to try to put advertisements outdoors to expand the battlefield...

   is not really confused anymore.

  Instead, he saw: the boss and the second child are fighting, and the aftermath has a chance to shock the third, fourth, fifth... to death.

  So, the first year league and the 15th league have reached a tacit understanding on the matter of burning money.

  …………

  …………

  Time comes to April.

Liu Xiaoduo, the administrative secretary, walked into Xia Jingxing’s office, submitted the documents, and stood at the desk to report: “Mr. Xia, the stocks held by Focus Media have been reduced. A total of 2,902,300 shares have not been retained, and all shares have been cleared. ."

  Xia Jingxing looked at Liu Xiaoduo, who was wearing a professional skirt and shawl and long hair. He looked more and more feminine.

  He turned his gaze to the file on the table, opened it, and looked at it.

  The average selling price was US$62.12/ADS, and US$180 million of funds were returned in one fell swoop.

  Among them, the profit part is as high as 146 million US dollars.

  Compared with the average stock price in the early 40s of last month, their average price of $62 is a full 20 dollars higher.

  2.9 million shares, which is US$58 million!

  He sprinkled $53 million in equity investment in his left hand, and his right hand earned it back through the increase in the stock price of Focus Media.

  What is capital operation, this is it!

  The guys in the first year league are stupid, thinking how much blood they have given to Envision Capital.

  Seeing Xiong Xiaoge, Zhang Fan and the others, he must say: A good person is safe in his life!

  Close the file, Xia Jingxing looked at Liu Xiaoduo and asked: "Dahua, why didn't you follow Mr. Li?"

   Listening to the nickname "Da Hua", Liu Xiaoduo was quite aggrieved. He was clearly called "Xiao Duo", OK, Da Hua was terrible.

  However, the emperor's grace is majestic, the name of the imperial gift, if you don't like it, you have to thank you.

   Liu Xiaoduo smiled and said cleverly: "Mr Li said that you are too busy, and there is no one to call me, so he called me back."

   "Mr. Li, this is to cultivate you, don't let her down."

   Liu Xiaoduo nodded and said yes.

  Xia Jingxing waved his hand, "Okay, you can withdraw and call Mr. Fu."

Two minutes after Liu Xiaoduo went out, Fu Jixun opened the door and walked in.

   "Mr. Xia, you call me?"

  Xia Jingxing greeted Fu Jixun to sit down on the sofa and asked, “What is the situation with their five companies now?”

  Smashed more than 50 million US dollars, Xia Jingxing didn't care about specific matters.

As the leader of the VC department, Fu Jixun has been paying attention to the specific development of the five companies.

  Even in this wave of spring offensive, Fu Jixun also joined in, offering advice to five companies, and coordinating cooperation between several companies.

  Speaking of this, Fu Jixun was full of energy, and said with joyful gestures, "Mr. Xia, this is really cool to burn money. It's like a drug/drug, and I can't stop it at all.

  The development results that were only achieved in the past three months, or even six months, are now achieved in only one month.

  Wang Wei is yelling now that he wants to squeeze out Mengniu and become the exclusive sponsor of this year’s "Super Girl". "

  After listening to Xia Jingxing, his face was quite heavy, and he knew that he had opened Pandora's Box.

  Burning money was cool for a while, the bubble burst, and he entered the crematorium in an instant.

  "Are they so inflated now?"

  Fu Jixun glanced at Xia Jingxing, smiling inexplicably, isn’t it what you are used to?

  "You have to remind them that spending money is still a little more restrained. Now the company is not profitable. Who gives them the courage to spend money so straightforwardly?"

  Fu Jixun scratched his head, "I persuaded them, and they agreed in person, but they turned their backs and signed a big advertising contract for you.

  I asked them why? They said that their opponents have voted, and they have to vote too. They can't lose their momentum. "

  Xia Jingxing took a breath, is this a false capital?

  This is interesting!

  Capital wants to kidnap entrepreneurs. The entrepreneurs counterfeit the capital. If you don’t let me spend money, you will die.

  Although it hasn't developed to such a serious degree, there are already some signs of this kind of badness.

  And the capital has already spent so much money, the sunk cost is too high, it is not easy to stop!

  Does this count as a cocoon?

  In the secondary market, he is killing Quartet. The family has its own gold mine. Xia Jingxing is not afraid to raise five prodigal cubs.

  Is Lao Tzu's money so easy to take?

  "Except for the business, do the five of them have any bad ideas or complaints about the equity issue?"

  Xia Jingxing watched Fu Jixun, he was actually very worried about this problem, afraid that these guys would not have the motivation to start a business.

  He really doesn’t want so much equity. It all depends on Sequoia and IDG.

  If he does not take the order at that time, no one will take the order.

  (End of this chapter)