Ten million US dollars can only buy 5% of the shares.
From Lao Guo's current perspective, this deal is quite a bargain.
This is equivalent to Foxconn's current market value reaching $200 million.
It's worth noting that not long ago, Chen Dong used $50 million to acquire a 40% stake in Foxconn.
In just one month, the company's market value surged again.
certainly!
Chen Dong was referring to five years from now.
Five years later, ten million US dollars is still a considerable sum of money, but in Lao Guo's mind, its value has become negligible.
Guo is an ambitious businessman who has also built a successful career.
In his mind, with these advanced equipment, Foxconn Group will surely achieve great success.
By then, ten million US dollars wouldn't even be enough to buy 1% of Foxconn's shares, let alone 5%.
On the other hand...
Since it's a bet, it's impossible for one side to gain the upper hand.
It's like fishing; those who are willing will take the bait.
Chen Dong stared at Lao Guo with a half-smile, while Lao Guo's facial expressions were as fascinating as a Sichuan opera face-changing act.
He was indeed attracted by the condition Chen Dong mentioned.
Ten million dollars is no small sum.
Just a month ago, he was still worried about five million dollars. This ten million dollars is twice the amount of five million dollars.
As we've mentioned before, this is about Lao Guo's personality.
He was an industrialist and was convinced that he would succeed.
Although 5% of the shares is not much, Chen Dong already holds 40% of the shares. If he were to acquire another 5%, the difference would be significant, and his shareholding would instantly shrink to 55%.
This will be extremely detrimental to the company's future management.
"Mr. Chen, let's change the bet..." Old Guo gave a wry smile and decided to give up on the tempting offer.
It's better to be safe than sorry!
Upon hearing this, Chen Dong felt deeply regretful.
What a pity...
The old fox didn't fall for it.
He said this because he was 100% confident of winning the bet.
Buying 5% of Foxconn's shares for ten million US dollars is a sure-fire way to make a profit.
Now that equity was no longer a stake, Chen Dong lost interest in other stakes.
The two then continued their conversation, but neither mentioned the bet.
During the conversation.
Guo has clearly defined his future development path: specializing in computer connectors.
I'm telling Chen Dong now because I want to hear his opinion.
After all, Chen Dong holds 40% of the shares, making him the largest shareholder of Foxconn besides Guo Wengui.
Chen Dong simply nodded, agreeing with Lao Guo's opinion.
In another world, after fulfilling its previous customer's order, Foxconn devoted all its efforts to computer connectors, and then further expanded into communication networks and game consoles.
This is the path Lao Guo has taken.
From a strategic perspective, Guo Wengui's strategy is sound. As long as things proceed step by step, Hon Hai, or Foxconn Group, will eventually develop into a unicorn.
With Chen Dong's financial support in this life, the timeline can probably be shortened by a few years.
Next.
Led by Lao Guo, Chen Dong inspected several other workshops.
The factory equipment looked brand new, and the employees seemed to be in good spirits, all looking ready to get to work. I wonder what kind of message Lao Guo had instilled in them.
They all looked like they were on steroids.
Several large characters were also pasted on the wall.
"Unity, pragmatism, innovation, and dedication."
However, Guo, the big boss, doesn't act like one. He still wears the same old clothes. He's not only the boss of Foxconn, but also works as a worker. But that's a characteristic of the times. The boss is both the boss and the worker, working alongside the employees at the grassroots level.
This is perhaps the essence of Foxconn's corporate culture, which enables the company to stand out in global competition.
...
Monday.
A securities company in Taiwan Province.
Dozens of branches are here to handle the operations of hundreds of accounts on behalf of a major client.
Chen Dong issued an order to sell the first stock of Yihang, a company that is currently extremely popular.
The manager of the securities company thought he had misheard.
I checked it again.
Wangcai said impatiently, "Whatever my boss says goes."
The securities firm manager nodded, but he felt it would be a waste to make a move now.
He also offered some advice from his own perspective as a professional.
"Mr. Chen, Yihang's stock is still rising. Based on the resonance of the weekly and daily charts, the second golden cross on the weekly chart also indicates that this stock is poised for a meteoric rise..."
The securities department manager explained to Chen Dong in detail the data analysis, market analysis, and the herd mentality of the masses.
It's important to know that Yihang's stock is currently something countless retail investors are eager to buy.
It is even referred to by many retail investors as the "leading stock".
The term "chief leader" first appeared in martial arts novels.
Just like Zhang Wuji, the leader of the Ming Cult, and Yue Buqun, the leader of the martial arts alliance, when they gave an order, many villains dared not disobey.
However, today, this term has been widely used in the financial markets.
In the stock market, the leading stock generally refers to the top-performing stock. This leading stock is not the leader of a sector, but the leader of a certain stage of the market trend.
For example, Andon Health at the end of 2021 was the leading stock in both Shanghai and Shenzhen stock exchanges.
And now it's soaring ahead of everyone else, with an unstoppable upward trend, reaching an absolute bull market. It has already risen from a low of 6 yuan per share to 88 yuan per share, and no one knows how much higher it can rise in the future.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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