"President Andelu, the stock price has skyrocketed. News just came from Wall Street that it has risen 125% in half an hour." The secretary said hurriedly.
"Calm down, this is just a small scene, there's nothing to make a fuss about."
Because the news of Miracle Group buying the steel plant was told to several newspapers by Andrew Canevye. The main reason was that the US steel companies were becoming increasingly decadent, and this contract was used to increase the stock price and boost the company's morale.
Less than half a day after the news leaked, American media and newspapers reported it extensively.
ABC News reports: Shocking! Xiangjiang Miracle Group is spending $4 billion to build Asia's most advanced steel plant. Is the company entering the steel market?
The BBC reported: A US steel company signed a $4 billion order, and its stock price rose by 120% in half an hour. Major institutions continued to increase their holdings.
The Times of Frankfurt: Shocking! Will the Hong Kong Miracle Group, which privately operates a large steel mill, become the next US steel company in Asia?
......
Bao Junyi didn't pay attention to the outside media reports and has now arrived on Wall Street.
That’s right, after the meeting, I flew directly to New York with my bodyguards because I had an appointment with several other shareholders of Miracle Games in the afternoon.
Wall Street, located on Broadway in New York, is only one-third of a mile long and 11 meters wide. Although the street is narrow and short, it is famous throughout the world as the "Financial Center of the United States."
Major investment banks and financial groups gather here, setting up banks, insurance companies, shipping companies, railway companies, and the headquarters of several major US exchanges are also here.
In addition, Wall Street angel investment (PE) and venture capital (VC) are also very famous, and most of the headhunting companies and large law firms' headquarters are also concentrated here.
Bao Junyi met Diana and others in a coffee shop.
"Hi, Robert, John, Diana, long time no see." Bao Junyi hugged them one by one with a smile.
Robert and John are Bao Junyi’s university alumni, and they co-founded Miracle Games. They are mainly responsible for channel sales, so the company can be sold around the world so quickly, which is also due to their family channels.
Robert and John are the sons of the Morgan family, one is the son of the DuPont family, and the other is the son of the DuPont family. In addition, Diana is a noble of the Eagle Country. They are a top entrepreneurial team of college students and are destined to succeed. This is why Bao Junyi invited them to join the business.
However, when Diana arrived, she looked at Bao Junyi with affectionate eyes, hugged him tightly and said, "Bao, I miss you so much. You didn't come to Eagle Country to find me."
"Anna, I've been very busy. I just finished discussing cooperation with the steel company and flew to New York to see you."
"Bao, why do you consider entering the steel industry? That industry is not very profitable, and the cycle is very long. It is not possible to use the money to play with finance." Robert asked doubtfully.
"Because the steel mills in Hong Kong can't meet the needs of my car factory. The import process is too slow and the price is too high. In order to reduce the cost of car manufacturing, we are considering introducing steel mills."
John was surprised and said, "Bao, 4 billion US dollars to purchase steel plant equipment, and nearly 5 billion US dollars to build the steel plant. It's a huge amount of money."
Bao Junyi smiled bitterly and said, "I'm short of money now, so I came to find you."
"If there are still a few hundred million dollars, there's nothing we can do if there's more." Robert said with a wry smile.
John said helplessly: "Yes, I only have 100 million US dollars left in my small treasury, no more."
"I only have 200 million US dollars, of which real estate and company stocks add up to only about 100 million US dollars." Diana said in a low voice.
Bao Junyi smiled and said, "I'm not here to borrow money from you. I'm planning to list Miracle Games."
"I've already mentioned this to you guys before, so this time we're here to implement it and see how it works."
The three of them were shocked. They thought it was a joke before, but they didn't expect it to be true.
Robert said in surprise, "Miracle Games now has an annual profit of 700 to 800 million US dollars, and it's still growing at 20% every year. Isn't it a shame to go public now?"
"Yes, if it's listed now, it's not a big loss. It's so profitable now, it's like a hen that lays golden eggs, and you suddenly want to kill it and eat it."
Diana said worriedly, "Bao, if you're really short of money, the three of us can help you find another solution. It's too unprofitable to go public now."
Bao Junyi understood their intentions and said slowly, "Actually, I had already planned to go public. It has nothing to do with whether I'm short of money or not."
"Because Miracle Advantage now occupies 90% of the global arcade game market, and many arcade machines on the market now belong to our company."
"But have you ever considered that orders are slowly decreasing now? Although it's not obvious, it's clear that the market is beginning to become saturated."
"Most of the orders now come from small and medium-sized developing countries. Developed countries, where we started earlier and have already achieved coverage, rarely place orders with us anymore."
John was puzzled and said, "Arcade machines don't last long. There will definitely be repeat purchases later. This is just a temporary drop in orders."
"Arcade games can't remain popular around the world forever. They might be replaced by other games. After all, the equipment is too large and inconvenient. Have you considered this risk?"
Bao Junyi continued, "I want to take advantage of the popularity of Miracle Games and list it in the US so that everyone can make a profit. If the orders drop significantly, then the listing will not make much sense."
The three of them were silent and thinking, and Bao Junyi did not interrupt them.
If the three of them disagree, they can only decide by voting. After all, they own 51% of the shares and can force the shareholders to pass a resolution and then go public.
If there is really no other choice, you can only choose to sell the shares at a high price, cash out at a high price and run away.
Diana stepped forward and said, "Bao, I believe in you. I also choose to go public. After all, you are so outstanding, your decision must be the right one."
Beside them, Robert and John were suddenly fed a wave of dog food. They looked at each other, smiled bitterly, and shook their heads, saying, "We have no problem either."
"Okay! Then let's discuss how to arrange the listing process and prepare the materials."
The four of them began to discuss the listing issue, whether Miracle Games was currently eligible, and what information they needed to report.
In addition, Bao Junyi proposed the AB share system of later generations, which is a method of equal shares but different voting rights. Otherwise, if the company is maliciously acquired after listing, it is easy to lose control of the company.
We chatted like this for the whole afternoon.
The next day.
Morgan headquarters building.
Robert arranged to borrow a conference room to continue the discussion on the listing issue.
Suddenly, the door to the conference room opened and a graceful girl came in and shouted to Robert: "Brother, you are really here."
"Why are you here? Can't you see I'm in a meeting?"
"I'm just curious, why are you working so hard? In the past, you were either having a party or on your way to a party."
"Sister, you're going too far. Didn't you see my friend is here?"
Bao Junyi was surprised and asked, "Lu...Lucy, you are Robert's sister?"
Lucy looked towards the source of the voice and exclaimed in surprise, "Bao...Bao Junyi, why are you here?" "The book is in the testing phase, and I beg for votes to urge me to update. Thank you so much."
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