Chapter 0382
It's back to Netflix.
If possible, Li Rui would rather invest in Netflix and occupy a certain proportion of the shares, just like Ins and WhatsApp.
The advantage of this is that Li Rui does not need to participate in business activities and directly enjoys the dividends of Netflix's future development.
Unfortunately, Netflix does not follow the ordinary path and almost does not rely on equity to raise funds.
Since 2010, no matter how high Netflix's stock price is or how good the yield is, the company has never paid dividends, and the cumulative financing amount is as high as 9.17 billion magnesium gold.
Of such a large amount of financing, 90% is debt financing, resulting in Netflix's debt-to-asset ratio of more than 80%. The operating cash flow has been negative for many years, and there is a trend of growing year by year.
Therefore, Netflix is playing a typical way to borrow new debts to repay old debts.
Fortunately, their industry is at the forefront of the Internet and is favored by investors around the world. It is indeed a hot film and television drama every year to persist.
Otherwise, they would have probably been like 20th Century Fox and MGM, one almost went bankrupt and the other reselled others!
Netflix's stocks cannot be bought unless they go to the secondary market.
Buying Netflix's bonds is not a good idea.
Since he was unable to invest in Netflix, Li Rui decided to continue to focus on Blockbuster's online business.
His psychological price is less than 30 million magnesium. If he can get Blockbuster's online business at this price, he will take action.
Thirty million is just the first investment. After all, it is a mess. If you want to transform it to Netflix, there are many places to spend money later.
Fortunately, Netflix will die next year. As long as you can seize the opportunity, you can earn all the money you invested now at one time!
Speaking of Netflix's death, there seems to be a big incident recently, and Li Rui slapped his head.
He immediately opened Yahoo, searched for news about Netflix, and found it.
This is a short-selling report about Netflix, which was just released yesterday. Although it is not as detailed as Mixed Short-selling Green Ye Culture, it has 18 pages. It is impossible for people without much patience to finish reading.ъìqυgΕtv.℃ǒΜ
The name of the report is "Why I Short Netflix", and the author is whitneytilson, who is a partner of Kasecapital, a famous investment fund in Magnesium.
The report details the various risks faced by Netflix. For example, powerful competitors like Amazon and Apple are entering the online streaming field. Netflix has invested heavily in producing content, which will inevitably affect revenue in the future. The most important thing is
Netflix's refusal to trade equity for financing will expand its debt ratio, resulting in huge financial risks for companies.
It seems that due to the influence of this report, Netflix's stock price has fallen significantly, and the current stock price remains around 23 mg.
Li Rui was very happy, this time was just right.
He immediately mobilized 10 million magnesium and activated 5 times leverage to make long-term Netflix stocks, with a target price of 50 magnesium!
Li Rui knew that in a few days Netflix CEO DeHastin would publicly respond to Whitneytilson, describing the grand blueprint for future streaming, and also invited tilson to have breakfast together.
I don't know what the two said during breakfast. Anyway, tilson was convinced. Not only did he close his position in short Netflix, but he also published another report titled "Why did I close my position in short Netflix
》.
As soon as the report came out, the market response was in an uproar. Everyone was thinking that such a powerful investor was convinced, and Netflix must have made great progress.
So Netflix's stock price rose slowly, rising to more than 50 magnesium.
In his previous life, Li Rui only regarded this as a joke. Now he feels that this may be a double act!
However, Li Ruicai doesn't care what routine they are playing. Since he knows that Netflix will soon double the increase, he is a fool if he doesn't make a profit.
Li Rui has already thought about it and makes a big profit by using this wave of Netflix's market. This money is used to acquire Netflix's former competitor Blockbuster. When Netflix dies next year, it will make another profit.
Money is used to develop a streaming media industry that is enough to compete with Netflix.
This strategy can be described as an old song.
There is no food or clothing, and the enemy will come forward.
No guns or cannons, the enemy makes us
If one day, Blockbuster will come back to life and snatch Netflix's position as the boss of streaming videos, Li Rui will write an article to tell the source of the funds. He doesn't know if Netflix's people will get angry and suffer a cerebral hemorrhage.
[Hunter]: Continue to stare at Blockbuster, let Lixin people get in touch, inquire about the overall price of taking over, and remember not to ask about the price of online business separately.
[Hunter]: The mining company continues to communicate and must be decided before the end of the month at the latest.
After the instructions were finished, Li Rui looked at the stock account again. The long position with a 5-fold leverage of 10 million magnesium is ready, with an average position of 25 magnesium!
When Netflix rises to 50 magnesium, it will be easy to get 50 million magnesium!
Netflix is the help of purchasing the startup capital for Blockbuster's online business.
It was already midnight, and Li Rui drank his last sip of beer, fell asleep, ending the long day.
After waking up, Thursday, December 9, 2010.
Li Rui lay on the bed, thinking about today's schedule.
What he was a little worried about was the fat man's body. This guy was diagnosed with diabetes in 12 years and died in 15 years.
It is 2010 now, and I hope today's physical examination will make the fat man more vigilant and not repeat his fate in his previous life.
He opened his phone and glanced at it, and Yu Na wrote back.
[White Moonlight]: I will continue to stare at Blockbuster and Mining Company.
Li Rui was about to reply when the phone rang.
The caller was also a friend from Magnesium Country, Fu Shande.
Lao Fu, is there any good news? Li Rui asked.
Fu Shande laughed and said: I am a magpies, and my phone number will only bring good news. I have contacted the company you are looking for.
oh!
Pharmasset is a manufacturer of hepatitis C virus treatment drugs in Princeton, New Jersey. According to the financial report, there are currently 70 employees studying a new oral drug with no market date. The loss last year was 85 million.
Mei Yuan.Fu Shande briefly introduced the situation of that pharmaceutical company.
After a pause, he said: I don’t understand what you are doing inquiring about this company? The news I heard is that the new drug they spent five years studying has not yet passed the clinical test. I also heard that they have been a year.
I had contacted Gilead before and wanted to sell the new drug to Gilead for 300 million magnesium, but was rejected.
I think this company is a big pit. If you want to invest, I advise you to be more cautious.
Chapter completed!