Chapter 365: Reactions from Various Parties
"...It is unlikely that Internet technology companies like those in the United States can reach a market value of tens of billions or even hundreds of billions. However, raising the market value of Daum to tens of billions or even nearly 10 billion U.S. dollars should not be too difficult with Zhang Junfeng's current financial resources, right?" Li Zairong expressed his opinion after thinking for a moment.
Zhang Junfeng was able to build the huge Galaxy Group and Comet Capital, which holds billions of dollars, in just over two years. His investment talent is absolutely unparalleled. Otherwise, how could he have achieved such a level?
Perhaps people outside think that Zhang Junfeng's achievements today are to some extent dependent on the help of their Five Star Group. But in fact, more often it is Zhang Junfeng who helps their Five Star Group, rather than their Five Star Group helping this son-in-law/brother-in-law.
"Zai Rong is right. Since Zhang Junfeng has spent so much energy on Daum, its market value must not be just this much! We should hold on to the stocks for a while and wait and see how the situation changes." Li Jianxi nodded in agreement and made a decision to believe in his son's opinion and continue holding Daum's stocks.
…
Compared to the atmosphere at the Five Star Group, the situation at the Yuetian Group was a little different. Shin Gehao, who had been pessimistic about Daum before, looked very unhappy when he learned that his eldest son Shin Dongzhu had borrowed a large sum of money from his wife Chongguang's family to buy the shares of Daum.
It would be fine if the stock price of Daum did not rise too much, but since Comet Capital took over Daum and completed the integration, the stock price of this previously unknown Internet company has skyrocketed like a rocket, and the cumulative increase so far has almost reached 100%! According to the current trend, if the stock of Daum can maintain its value for another ten days or half a month, the stock price will definitely rise several times on the original basis!
He also tried to use the father-son relationship with Shin Dong-joo to buy all the stocks with great investment value from the other party at a fair price, but was sternly rejected by Shin Dong-joo, which made him feel a little annoyed.
In addition to regretting why he had missed this rare opportunity to make money, he was also dissatisfied with his eldest son, Shin Dong-joo, who was somewhat "disobedient". If the second son, Shin Dong-byeong, had not become a half-paralyzed invalid, he would probably have considered whether to dismiss the eldest son from the position of vice president!
"President, judging from the current situation, the stock price of Daum should still have a huge room for growth. And according to the information sent back by our people at the stock exchange, at least 2-3 institutions have arranged special traders to continue to hype this stock."
The subordinate looked at Xingehao, who was sitting on the sofa with an expressionless face, with a guilty conscience, and then gritted his teeth and said the final suggestion, "...If you have the courage, perhaps you can use the group's funds to operate it. The success rate of making a profit should be more than 70-80%..."
Hearing what his trusted subordinate said, Xingehao, who was originally dissatisfied with his eldest son, soon had other ideas. If they followed what this subordinate said, it seemed that they still had time to grab the chips at this time! It was nothing more than earning a little less than others.
This situation is naturally perfect for companies like them that have not had time to invest. After all, it is better to make some money than to watch others make a lot of money!
Xingehao quickly gave the order. He said in a serious tone, "Contact the traders at the stock exchange now and ask them to start buying Daum's shares. Buy as many as they can! As for funds... transfer 2/3 of the funds that the group headquarters can mobilize over there..."
When the subordinates heard what Xingehao said, they immediately understood what he meant and immediately agreed. After leaving the office, they contacted the person in charge of the stock exchange and the financial department as soon as possible.
…
In addition to the Five Star Group and Yuetian Group, many companies that relied on credit card companies to obtain large loans from banks, such as the Hyundai Group and LG Group, could not resist the attraction of huge profits and rushed to buy, fearing that if they continued to wait and see, their competitors and peers would take the opportunity to make a fortune.
Of course, there are also some companies that have not taken any action, including Hanjin Group, which was once ranked among the top five in Korea. The main reason is that in the previous competition with Comet Capital, they lost their two core subsidiaries, Hanjin Shipping and Hanjin Airlines, and their overall operating efficiency has been much worse than before.
After finally recovering from the previous financial crisis, they really don't have the spare energy to use a large amount of funds to "join in the fun"! The eldest brother Zhao Liangzuo and the second brother Zhao Xiuhao of Hanjin Zhao's are also quite dissatisfied with the continued rise in Daum's stock price. However, due to the current situation of the group, even if they are unwilling, they can do nothing at this moment.
…
In Pengcheng, Dragon Kingdom, inside the Penguin Company office building.
When Ma Huazhuo and other senior executives heard about the news of Daum in Korea, they were both excited and surprised. They were excited that Comet Capital actually used KaKaoTalk, an instant messaging software, as one of the core selling points of an Internet company, and the stock price continued to rise; as for the surprise, they were still a little puzzled as to why the other party did not bring this Internet company to the United States for listing?
Although the Internet industry, as an emerging industry, has attracted considerable attention around the world, if you want to go public for financing and increase your company's stock price, it is more appropriate to go public in the United States, the global financial center. At worst, going public in Hong Kong next door is also a good idea.
"Mr. Ma, what do you think the senior executives of Comet Capital are thinking? Why don't they just go public in America? If all goes well, it is not impossible for the market value to reach tens of billions of US dollars..." One of the executives, Zhang Zhidong, couldn't help but complain.
The others also nodded in agreement. In their opinion, there must be something wrong with the boss's arrangement on this matter.
However, Ma Huazhuo, who was sitting in the first seat, had a cold expression on his face, and then he reminded everyone in a calm tone, "The boss did this for his own reasons. Besides, whether it is going to the United States or listing in Hong Kong, the preliminary preparations are not so easy to complete!"
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
"If Comet Capital hadn't adopted a special method, I'm afraid they wouldn't have been able to complete the listing in such a short time..."
(End of this chapter)