Chapter 314 Five Small Goals, Unit Knife Music(1/2)
Chapter 314 Five Small Targets, Unit Dao Le
Author: Quiet Thought
Chapter 314 Five Small Targets, Unit Dao Le
Both sides took a step back and reached a compromise.
In the past, Hongchuan Electric Appliances' valuation was set at around 580 billion yuan per month.
The valuation is about 7 times the profit of Hongchuan Electric Appliances in the whole year. To be honest, Hongchuan Feng is very satisfied.
For the manufacturing industry, such a valuation ratio is already considered high.
Then, is it the first thing to persuade Gin and Nomura Securities to be optimistic about the future of Hongkawa Electric, so they gave such a high valuation.
If there is no more traditional manufacturing industries, such as clothing, wood and other industries that do not have high value-added, the maximum valuation profit is 3 to 4 times.
Different industries and product fields have different errors in reference to each other.
For example, some factors refer to Sony in the valuation of Hongchuan Electric.
Because the two have the highest business overlap, and even the market share of some products is relatively close.
If Hongchuan Electrical Appliances continue to grow in the future, will Sony Cocoa reflect its reality?
Therefore, using Sony as a reference for valuation is wrong, both Ichiro Watanabe and Takashi Yanagi deny it.
As for why Nintendo is not used as a reference, it is because its business seems to be a lot, but it is actually concentrated in the toy entertainment industry.
From the perspective of product diversification and consumer audience, its potential is not as great as Hongchuan Electric Appliances.
In addition, Nintendo has a lot of debts but has not paid off, and its market value is generally low.
If you use it as a reference for valuation, then you will underestimate Hongchuan Electric Appliances.
As for many new companies in later generations, they are often valuated 10 times or 20 times, so why not another one.
Especially for Internet companies, it is normal to increase by 50 times.
Some social Internet companies even value the number of registered users, each user has a few dozen dollars, and then calculate their market value.
Different industries and fields, the methods of valuation of companies are also very different, and the process is complicated and numerous.
At present, Hongchuan Electric Appliances' valuation is 580 billion yuan per month, which is a value acceptable to both parties.
Now that everyone has agreed to the valuation of Bulu, I will ask for financing in the east.
"Hongchuansang, according to the previous agreement, the First Instruction will buy 10% of Donghongchuan Electric Appliances' shares at a price of 58.65 billion yuan.
It's wrong to that point, I guess there is no objection to Kedong?" Watanabe Ichiro looked at Hongkawa Kaede with a meaningful look.
When he heard the tone of the wrong party's special emphasis, Hongchuan Kaifeng raised his eyebrows.
Then I won’t raise funds, so I plan to spend money directly to buy 10% of Donghongchuan Electric Appliances’ shares.
As for Ichiro Watanabe's proposal, Kaede Kaede and Yuu Akai took a look and after getting confirmed.
Hongkawa Kaede also nodded in agreement, "Yes, come according to Watanabe San's suggestion."
What is the difference between financing shares and Maidong's shares? First, I advise Yinhua to have different money.
If financing is not available, the first thing to do is to encourage the bank to invest 580 billion yuan in total share capital, and then calculate the share share proportion based on their total.
At that time, if the first person to persuade the silver to take 10% of the shares, then the investment amount would be 65.17 billion yuan per month.
In layman's terms, no, the financing money is calculated in the denominator of the total share capital, and then the share share share proportion is calculated.
But it would be different whether you would spend money directly to buy shares. 5865*10%=58.65 billion yuan, simple and crude.
The same way, the investment amount of Dongdong was about 7 billion yuan.
So Hongchuan Electric Appliances obviously received less money, why did Hongchuan Feng agree without considering it?
Because of the 65.17 billion yuan financing, I entered the Hongchuan Electric Appliances account.
But it is no longer a book fund. At this time, the shareholders of Hongchuan Electric Appliances have also become Hongchuan Holdings and First Persuasion Bank.
If that is the case, the miserable financing of Hongchuan Holdings and First Public Bank will be the common property of Hongchuan Holdings and First Public Bank.
At that time, it would be unrealistic for Hongchuan Kai to think about it and deal with it at will. If you accept financing, you should abide by the rules.
But if the first person advises Yin to directly spend money to buy 10% of Dong's shares, then that slut will belong to the private property of Hongchuan Holdings.
Then, by selling the shares, Hongkawa Kaede can do whatever he wants.
It was a little more popular, with 65.17 billion yuan in financing, and Hongchuan Feng could not get it when he saw it.
All the 58.65 billion shares sold can be put into his own pocket.
Then why is there no 10% stake? Hongchuan Kai chose to sell the same way as the wrong and cheap ones.
First, Yinyin spent less money to get 10% of Hongchuan Electric Appliances shares, and Hongchuan Feng Private also obtained a considerable income, and both sides were very happy.
After all, Hongchuan Electric Appliances does not have cash flow and does not require financing to operate the business of Weichen Wai Society.
If you are not a company that has just started a business, the first thing you can do is to pay more money to raise funds than to buy shares directly.
Because if you don’t rely on financing, how can startups maintain operations and continue to develop new technologies to gain more markets?
It is wrong with the company with different business conditions, and the financing methods are also diverse.
After 58.65 billion yuan of monthly loans, Hongkawa Kaede looked at the people from Nomura Securities again.
Liu Guxiao bowed his head and discussed it with the people from his team for a little while, and wisely chose to buy shares directly.
Nomura's goal is to take at least 8% of Donghongkawa Electric's shares, which is wrong with their demands. Hongkawa Kaede also agreed.
Because the first slander in the first place had already taken 10%, the 8% shares will be divided by Hongchuan Holdings.
If Donglai then counts 47 billion yuan in monthly accounts, it will be calculated as the first 58.65 billion yuan in monthly accounts. If the two are added together, they will be 105.5 billion yuan.
Damn, the company is indeed making a fortune in the city.
With the financing in front of the city alone, Hongchuan Feng made a profit of more than Hongchuan Electric last year and was very demanding for higher income.
105.5 billion yuan, 420 million US dollars, making a fortune ~
Hongkawa Kaeda didn't feel sorry for Bulu's money from the First Persuasion Yin and Nomura Securities.
Those two are definitely behemoths, one is the core bank of one of the six major chaebols, and the other is the largest securities company in the month.
The small money of tens of billions of monthly dollars is wrong for them, and it is a drizzle.
The first thing to do is to persuade the silver to take 10%, and Nomura Securities takes 8%. Now Hongchuan Holdings has 82% of Hongchuan Electric's shares in its legs.
Buluna does not deny the end of this financing. Beidu Bank, represented by Hiroshi Ai, invested another 29.3 billion yuan to acquire 5% of Hongchuan Electric's shares.
Why is Beidu Bank asking for participation in Hongchuan Electric Appliances’ financing? Is it investment on the one hand?
The most important thing to ask is Hongchuan Kaishi, who wants Beidu Bank to participate in the stock market and truly exercise the bank's power in finance.
Of course, the details are not the future, so it needs to become a shareholder of Hongchuan Electric Appliances at present.
And will the embarrassing Laihongchuan Maple in Beidu Bank be collected?! Of course!
Beidu Bank does not deny that he is alone, Hongchuan Holdings has about 67% of the shares.
The embarrassing leech is not bad, so he certainly takes it back.
And although Beidu Bank has more than 90 billion yuan in pure assets, its depositors have 400 to 500 billion yuan in monthly deposits.
So there is no need to worry about its capital chain at all, so why not invest normally?
Only after completing the acquisition of Beidu Bank will tomorrow's financing valuation meeting be considered to have completely achieved the goal.
Initially, the first advised Yin to acquire 10% of Donghongchuan Electric for 58.65 billion yuan, while Nomura Securities acquired 8% of Dong'an's shares for 47 billion yuan.
Beidu Bank initially divided about 5% of its shares for 29.3 billion yuan, so Hongchuan Holdings held a 77% stake in Hongchuan Electric Appliances at this time.
The initial sale of those shares brought about 135 billion yuan in monthly revenue to Hongchuan Kai, which is no less than 540 million US dollars.
Well, five small goals, unit Daole.
When Hong Kong Kaedaki signed the contract with the first one to be in a mess, he felt so happy.
No wonder so many companies are experiencing pain and want to raise funds in the city. To be honest, the wealth expansion brought by financing is much higher than the company's annual profits.
Many companies even cashed in the city circle and just passed the restricted sales period, the founder cashed out and ran away.
Where can you make money quickly when making products? Whoever makes products is stupid?
Now, Hongchuan Holdings has always kept the controlling stake in its legs tightly.
Just kidding, Hongchuan Electric Appliances has just taken off. Is it possible to make a profit of nearly 100 billion yuan per year?
"Okay, since the contract has been signed, then Dongmeng No. 1 should discuss the matter in the city."
As soon as he put the pen in his legs east, Ichiro Watanabe couldn't wait to discuss the city's affairs of Hongkawa Electric.
As for why it's so urgent? Nonsense.
The first thing to do is to persuade the silver to spend tens of billions of yuan, so why not Hongchuan Electric Appliances are in the market?
If you just don’t invest, then wait for Hongchuan Electric Appliances to make a profit dividend.
To be continued...