Chapter 1042 Too Much Money
[s: Occasionally prevent theft, please see it tomorrow. Everyone try to watch it the next day, because after the update at night, I will make some typos and other revisions, so reading immediately after the update or waiting for a while, the experience will definitely be different. 】
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Simon has been paying close attention to the progress of various projects in China. However, his expectations for the brocade book series built around China's film and television industry are actually very low, far less than that of steel, real estate, food and other real industries.
Still the same reason.
Until 20 years later, China's annual movie box office volume is not as good as that of a crayfish farming industry, and it is actually similar to other areas.
Moreover, the situation of the film and television entertainment industry in China is too complicated.
This is evident from the planned complex shareholding structure of the various subsidiaries of the Jinshu Department. For the time being, foreign investment is not allowed to enter, and they can only try to find a completely independent spokesperson in mainland China; foreign holdings are not allowed, such as the cinema industry. , then it can only be a joint venture. In order to avoid losing control, it also deliberately involves a more complicated shareholding structure; even if foreign capital is allowed to take full control, it must give more or less benefits according to specific circumstances.
All in all, there are more than a dozen companies, large and small, that have been registered around the 'Jinshu Department'. In Hong Kong, there are in the mainland, and so on.
In the current start-up stage, it is good to say that when it becomes bigger in the future, it will inevitably lead to some disputes due to interests, which is the main reason why Simon did not let Daenerys Entertainment play in person.
If it really causes disputes in the future, then make yourself look like a bully.
After all, the Westeros system is already strong enough in other industries in China. The film and television entertainment industry, which has attracted much attention, has been 'bullied'. Just to ease the imbalance of some people will also make other aspects of the Westeros system. The layout is more guaranteed.
Simon Westeros is a good friend of the Chinese people, and he cannot do too much.
"The area of 50 square kilometers is not as exaggerated as Orlando's 120 square kilometers, but according to the photos sent back there, that area is still very beautiful. However, my dear, even if this project is barely built, you are sure that it can operate Success? I don’t mean the consumption potential, but the business environment in China.”
Malibu, Dumay Point Estate.
In the restaurant in the early morning, Janet and Simon were chatting about the topic of Jinshu Film and Television City, which had also been paid attention to recently.
It's Saturday, October 12th.
Simon stretched out his hand to help Melbourne, who was sitting next to him, arrange the napkins before saying to Janet on the other side: "Of course I understand that the situation in China is very serious, and I also know what this project will encounter in the future. Problem, so, the Qin Palace project is just a test of water. Jennifer, who has to take care of the four little guys on the opposite side, said at this time: "It doesn't matter. However, if there are no follow-up plans, it is just a Qin palace, and it is difficult to form an industrial scale. "
"It depends on the situation," Simon shrugged and said, "Actually, I value the private plot of land we obtained by Taihu Lake to build the manor. To develop a villa area near Taihu Lake, in short, as long as these real estate projects are finalized, the result will not be too bad.”
Jennifer looked up at her man who had a soft spot for real estate: "The real estate industry in China seems to be in a bad state?"
"It's all temporary. China's residential housing reform has been going on. Coupled with the rapid economic growth, the booming real estate industry is almost inevitable."
Janet, who was leaning on Simon's side, heard the words, raised her fork and shook it: "That's why you plan to get the super-large villa project in Beijing?"
"yes."
Janet curled her lips slightly and said, "I also read the information, that project, with an area of 50 hectares, the land cost is only 17 million US dollars, which is indeed very advantageous. However, this project is still in a muddy state, even if China's The real estate industry is recovering. I don’t know when it will be time to sell and cash out. I think you should know the time cost involved. Even if you earn 10 in one year, the compounded interest will be much higher than doubled in 10 years. If the cycle is too long Long, there is no profit at all.”
Simon smiled and said: "I have asked people to investigate, and China may develop villa projects in the next few years. At that time, this part of the real estate, you know, is in the capital of China, and the appreciation will be very rapid."
Jennifer wondered: "Why does the Chinese government restrict the development of villa projects?"
"Uh, this is nominally to protect cultivated land, but in fact, I think it should be a fundamental cultural factor."
Janet was also curious: "What do you mean?"
Simon thought for a while, and said, "In simple terms, in ancient China, the cost of food and clothing for different classes was strictly graded, how big a house could an emperor live in, how large a noble's mansion was, and what was a commoner's residence? There are very clear regulations for what kind of specifications, once the system regulations are exceeded, the worst, and even the entire family will be killed."
Janet blinked: "What does this have to do with the villa development?"
Simon shook the tableware in his hand: "I've made it very clear."
Jennifer paused and said tentatively, "You mean, um... well, some people don't deserve to live in the villa?"
Simon is serious: "No, I said it all, in order to protect the cultivated land."
Janet rolled her eyes at her man: "It's really hypocritical. Simon shrugged again and said, "In short, if you get this project, even if you don't buy it, just hold it in your hand and wait for it to add value, it's actually very cost-effective. Seriously, I don't really plan to sell any time soon. "
Jennifer said: "Then it can't be vacant after it's built, right?"
Janet gave the innocent Jennifer a look: "It's not easy, just arrange a large group of women to live in, tsk tsk, a whole villa area."
Simon nodded: "Good idea."
Then there was an elbow from Janet on the waist, and a roll of eyes from Jennifer.
Whether it is a rose garden in Changping District, a golf club at the foot of Fragrant Hills, or even a planned real estate near Taihu Lake in Suzhou, Simon actually has a plan to keep it in his hands as much as possible after investing.
Mainly because the Westeros system currently has too much cash.
If you only invest in basic wealth management products such as treasury bonds and can barely withstand inflation, compared to investing in real estate in China, especially in popular areas, then the longer you hold it, the higher the value. The average yield after ten years will not be lower than most of the current hot industries.
Therefore, Simon also considers the buyout arrangement of the studios under the Jinshu Cinema Line.
The planned Jinshu Cinemas are basically located in the prime areas of China's core cities. Now, it seems unwise to many people to directly take over the properties where these cinemas are located. Only Simon knows that this part of the investment will be inevitable in the future. Bringing substantial value added, and also looking for removal of the huge capital that the Westeros system has.
In fact, too much money is also a very distressing thing, especially when the body is large to a certain extent.
Like Warren Buffett in the original time and space.
Berkshire Hathaway once had hundreds of billions of dollars in capital and had nowhere to go. It just so happened that an old man was the kind of stingy type who didn't pay dividends to shareholders, so Buffett, who was pursuing compound interest and fearing inflation, had nowhere to go. Eyesight, this is a considerable first distress.
Simon, now, has begun to face this problem.
The money really can't be spent.
This is not the fussing of the super-rich, but the truth.
After the weekend, a new week, October 17, Daenerys Entertainment Group officially released its full-year financial report for fiscal year 1995, which once again proved this point.
From October 1995 to September 1996, Daenerys Entertainment Group's total revenue still maintained the average annual growth rate forecast by Wall Street of 25 to 28 years. After all, it is a very rare thing to have a sudden revenue volume in that year.
However, Daenerys Entertainment Group did just that.
Not only that, Daenerys Entertainment Group's full-year profit also hit a new high, reaching $52.7 billion, an increase of 405% year-on-year. The net profit margin also improved from last year's financial report, which was unmatched by all other major Hollywood studios. , it is not the outbreak of a certain aspect of Daenerys Entertainment, but the business of this super media entertainment giant spanning various fields such as movies, TV, music, games, comics, theme parks, etc. has started side by side. the result of.
The market value of Daenerys Entertainment Group has already crossed an astonishing high of $450 billion during the release of the Forbes 400 richest people in the United States in August.
With the announcement of the full-year financial report on Thursday, October 17th, Daenerys Entertainment's share price soared by US$100 million that day, and the market value at the close of the day reached 5 Rite, the second listed company in the world with a market value exceeding US$500 billion. .
On the same day, a financial reporter from n commented on the stock price of Daenerys Entertainment on his faceok page, using only one phrase: irrational.
At the moment when the wave of new technology is surging, the market value of a media and entertainment company that should not be so sought after can reach such a high level. It does seem that the market has completely lost its sense. However, when analyzing all aspects of Daenerys Entertainment's business, But I have to admit that, speaking of it, a series of core companies in the Westeros system are actually Daenerys Entertainment, which belongs to the company with the most solid foundation.
Not to mention, the price-earnings ratio of 5 Nilis Entertainment shares that closed that afternoon was actually only 96 times.
With a price-earnings ratio of 96 times, it seems that the word 'cai' should not be used, but compared with a large number of companies with hundreds of times of price-earnings ratio in the Nasdaq market, Daenerys Entertainment's bubble component is actually very low.
Moreover, all aspects of Daenerys Entertainment's business, whether it is film, television, music, or games, although it has been on par with its peers, it has not lost its own high-speed growth state. This year, Dan Nelith Entertainment's annual revenue growth rate is still evident.
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In fact, too much money is also a very distressing thing, especially when the body is large to a certain extent.
Like Warren Buffett in the original time and space.
Berkshire Hathaway once had hundreds of billions of dollars in capital and had nowhere to go. It just so happened that an old man was the kind of stingy type who didn't pay dividends to shareholders, so Buffett, who was pursuing compound interest and fearing inflation, had nowhere to go. Eyesight, this is a considerable first distress.
Simon, now, has begun to face this problem.
The money really can't be spent.
This is not the fussing of the super-rich, but the truth.
After the weekend, a new week, October 17, Daenerys Entertainment Group officially released its full-year financial report for fiscal year 1995, which once again proved this point.
1
From October 1995 to September 1996, Daenerys Entertainment Group's total revenue growth rate still maintained the average annual growth rate of Wall Street's previous forecast of 25 to 28. After all, it is a very rare thing to have a sudden revenue volume in that year.
However, Daenerys Entertainment Group did just that.
Not only that, Daenerys Entertainment Group's full-year profit also hit a new high, reaching $52.7 billion, an increase of 405% year-on-year. The net profit margin is also from last year's financial report, which was unmatched by all other major Hollywood studios. , it is not the outbreak of a certain aspect of Daenerys Entertainment, but the business of this super media entertainment giant spanning various fields such as movies, TV, music, games, comics, theme parks, etc. has started side by side. the result of.
The market value of Daenerys Entertainment Group has already crossed an astonishing high of $450 billion during the release of the Forbes 400 richest people in the United States in August.
With the announcement of the full-year financial report on Thursday, October 17th, Daenerys Entertainment's share price soared by US$100 million that day, and the market value at the close of the day reached 5 Rite, the second listed company in the world with a market value exceeding US$500 billion. .
On the same day, a financial reporter from n commented on the stock price of Daenerys Entertainment on his faceok page, using only one phrase: irrational.
At the moment when the wave of new technology is surging, the market value of a media and entertainment company that should not be so sought after can reach such a high level. It does seem that the market has completely lost its sense. However, when analyzing all aspects of Daenerys Entertainment's business, But I have to admit that, speaking of it, a series of core companies in the Westeros system, but Daenerys Entertainment, is a company with the most solid foundation.
Not to mention, the price-earnings ratio of 5 Nilis Entertainment shares that closed that afternoon was actually only 96 times.
With a price-earnings ratio of 96 times, it seems that the word 'cai' should not be used, but compared with a large number of companies with hundreds of times of price-earnings ratio in the Nasdaq market, Daenerys Entertainment's bubble component is actually very low.
With a price-earnings ratio of 96 times, it seems that it should not be compared with companies that are hundreds of times larger than the gram market. Daenerys Entertainment’s bubble component is actually very low.
Moreover, all aspects of Daenerys Entertainment's business, whether it is film, television, music, or games, although compared with its peers, it has not lost its high-speed growth state. This year, Dan Nelith Entertainment's annual revenue growth rate is still evident.
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