Chapter 1100 'Injured' Jobs (Please Subscribe!)
Humphrey is a big fan of ERV.
Very optimistic about its future.
but.
The stock issuance in the United States is different from that of Huaxia. The new shares are 'divided', and the underwriters contact each customer in advance to sell new shares to them, instead of subscribed like Huaxia.
But the chance of breaking is not small.
FACEBOOK was like this back then. It fell below the issue price on the day it went public. Therefore, the subscription boom for new shares in the United States was not high, unlike Huaxia, which basically bought new shares and made a profit.
On average, more than 100 listed companies IPO every year.
Two or three hundred companies were delisted.
Such a large delisting risk makes the investment here more rational.
This is where the 'road show' comes in.
Just to give investors confidence.
If it is a general stock.
Sales are a problem.
But ERV.
It was subscribed in just three days.
Ordinary customers can't grab it at all. The subscription of new shares in the United States is not a game for retail investors. Retail investors can only buy and sell in the secondary market. Of course, the most delicious cakes are for big customers who have always had cooperation.
Humphrey didn't trade stocks before.
Not a big player in brokerages and investment firms.
nature.
Even though he has millions of dollars in the bank.
I didn't get any new shares of ERV either. In fact, I can still get them if I want to, but it's very troublesome. Humphrey is a person who is afraid of trouble. Since I can't buy new shares, I will go to the stock market to buy them.
Anyway.
He doesn't think he's going to lose money.
If you buy a company like ERV at a loss, then there are few companies you can trust.
"Billy, how about you?" Humphrey asked.
Subsequently.
Billy's 'tricky' voice came.
"Hey, I got new ERV shares, $2 million."
"How much are you going to sell at?"
"Sell? I don't have this idea for the time being. I'm optimistic about the future of ERV." As a person with high IQ, he used to think that his IQ was an insult to playing games, but now he feels that his IQ is seriously insufficient.
Such a person.
I admire people who are stronger than me.
Be prepared to make long-term investments.
"As I thought, after spending 10 million dollars, I don't care." Humphrey laughed, maybe, this will be the investment with the highest return in his life.
"Then wait for tomorrow's listing."
"it is good."
Such a big deal.
There will definitely be live media.
ERV.
It has become the annual feast of the capital market.
. . .
Goldman Sachs.
headquarters.
The meeting on the ERV listing has been going on for more than an hour.
However, no one at the scene felt tired, instead they were in high spirits, because they were about to witness the rise of a great company. Analysts gave a very positive answer to this.
And the market reacts.
It makes them more confident.
The IPO of ERV is as high as 40 billion US dollars. Goldman Sachs underwrites 40%, which is the highest proportion of underwriting among all securities companies. Now, all of them have been underwritten and have won unanimous praise from major customers.
At the beginning of the listing process.
They all thought ERV was really crazy.
$40 billion.
Twenty percent.
That means the ERV valuation is $200 billion.
such numbers.
There is no such thing in history. Due to the mad rush of customers, major brokerages almost couldn't help but use the over-allotment option. That is, the brokerages underwrite and sell well, and they can overwrite 15% of the underwriting shares to customers.
Only 100 shares were issued.
Many people buy.
Brokerages can increase to 115 shares, and the total IPO size will increase to $46 billion.
but.
Considering that the increase in tradable shares is an unstable factor after all, the pursuit of capital brought by scarcity is more beneficial than satisfying them, so they did not use their over-allotment rights.
Less meat.
make it more meaningful.
If there is no potential company, they will use this, and it is always good to sell more.
But ERV is different.
The future is boundless.
There is a lot of room for operation in the future, and I don't care about this "petty profit".
"After ERV goes public, we will clear the list in your hands. This time, we must fight a battle that history will remember." Finally, before the meeting ended, the manager of the investment department looked at the traders in front of him with a flushed face.
as an investment company.
Also a brokerage.
The capital under management is unimaginable to outsiders.
For ERV.
There is only one call from customers big and small: buy, of course, it is not an irrational buy, but a reasonable allocation, with 10 to 20% of the funds to buy the shares of ERV.
It's what most people do.
Goldman Sachs also has a large stake.
At that time will throw out some.
otherwise.
Not everyone sells?
How does the stock price grow?
To know.
The stock market is a zero-sum game.
No money will be created out of thin air, and no money will disappear out of thin air. Suppose a share is ten dollars. If you want to raise the price to eleven dollars, someone has to pay eleven dollars, and the two sides reach a deal.
otherwise.
Original price ten dollars.
Even if someone offers a hundred dollars, if there is no transaction, the stock price will still be ten dollars. Therefore, only when the stock is liquid can its value be fully utilized.
Individuals prefer long-term holdings.
Investment firms are more inclined to keep trading.
. . .
apple.
headquarters.
Looking at the ERV that has been hot for months.
Jobs was a little disappointed.
He thought that the first generation of Apple would make Apple the object of media attention for a long time, but everything was just wishful thinking, not long after it was released.
ERV is 'crazy'.
Announced listing.
At first, the IPO of 15 billion US dollars was mentioned by the board of directors, and then it increased to 40 billion US dollars, and it will arrive when it arrives. You are sold out so quickly, and there are still a lot of queues.
Start with The World.
these months.
ERV launched a large number of projects.
Each project has more or less made ERV's position more stable, and it has also enjoyed the favor of capital that Apple has never enjoyed, and his first-generation Apple machine can only be reduced to small news.
That's it.
House seemingly endless rain.
The weak performance of Apple's first-generation machine made Jobs very uneasy. Qualcomm's new-generation processor is much better than the one developed by the two parties, and many giants are ready to use it directly.
Apple is difficult to ride a tiger.
The difference in chip performance is really big.
The first-generation machine has even been rated as "lagging behind" by many media and experts, that is, the hardware upgrade speed is too fast, and their products have not been able to keep up with the wave before they are launched.
It hurts him and his team.
"I feel very uneasy about this matter, which cannot be delayed by stepping up the development of the next generation of Apple computers, abandoning the original chips and adopting Qualcomm's existing Xiaolong processors." Jobs said to his subordinates.
"Yes."
They also feel that at this moment, Apple should not be too insistent. If they wait for the next generation of chips to be put into production, they will have to wait at least eight months, and it is difficult to predict what kind of changes will occur at that time.
They can't wait.