Recast youth

Chapter 1658 Benefits Are King
Several heads of investment banks who came to discuss the listing with Ye Feng were studying the preliminary prospectus of Lanshan Company. After reading it, the head of Goldman Sachs put down the prospectus and looked at each other with several other heads of investment banks, and then He looked up at Ye Feng.

"Mr. Ye, I have a question here."

The person in charge of Goldman Sachs said to Ye Feng in fluent English: "Your company has a share capital of 3.75 million US dollars, which is US$40 per share, which is equivalent to a market value of US$150 billion."

"Well, what's the problem?"

Ye Feng also raised his head and looked at the person in charge of Goldman Sachs. He was a pure native of Country A, in his early 40s, with fair skin, high eyebrows and deep eyes. His blue pupils revealed the arrogance that he had cultivated in a top investment bank like Goldman Sachs for a long time.

The name is Scherr.

Scherr picked up the prospectus again and said: "According to the information, your company has never raised funds, and there are no reliable factors to refer to. I don't know what basis you used to set the total equity value of your company at US$150 billion. In my opinion, It seems that this number is relatively high, and to be honest, it is not conducive to your company's listing plan, because investors may not necessarily pay for stocks that are issued at too high a price."

After Scherr finished speaking, the heads of Credit Suisse, Morgan Stanley, JPMorgan Chase, Citigroup and other investment banks also raised their heads and looked at Ye Feng.

Ye Feng's English was not very good, but he could barely understand what Scherr meant.

However, Ye Feng didn't care much about what Scherr said, and he didn't care much about what he said that too high a stock issuance price would be detrimental to listing. Ye Feng's idea was very simple. If it couldn't go public, then the company would continue to be privatized.

People are like this. If they have a way out, they will feel confident.

Hearing this, Ye Feng crossed his legs and looked at the person in charge of Goldman Sachs. He smiled casually and said, "So in your opinion, what is the value of Lanshan Company?"

Scherr saw the smile on the corner of Ye Feng's mouth and frowned. He felt the confidence and unyieldingness from Ye Feng's smile, and then said: "According to Lanshan Company's financials and last year's revenue statement, the actual value of Lanshan Company should be It is around US$100 billion. Of course, maybe your company’s future market value will be much higher than US$150 billion, and it is even possible on the first day of listing. However, that is just a possibility and may not be regarded as a factual basis, so I suggest Your company's listing price is between US$25 and US$27. This price is also conducive to the circulation of stocks. After all, the U.S. securities market is the largest and most stable financing market in the world. Appropriately lowering the threshold will be very important for the company's subsequent development. beneficial."

When Wen Yueqi heard this, she spoke in fluent American English: "That's it, Mr. Scherr, when we look at a company's value, we don't just look at the company's previous financials and last year's revenue statement, but also from the perspective of development time and sustainable development. Looking at the prospects, in my opinion, the value of Lanshan Company far exceeds the US$150 billion figure."

Scherr shook his head: "It's not necessarily more than that. In addition, this is a Chinese company after all. Many investors and investment institutions in the United States are still relatively unfamiliar with Lanshan Company. Now it's a matter of investment trust. They don't understand Lanshan Company." It will inevitably affect investors’ investment confidence, so I think the investment threshold should be lowered to attract investors.”

Wen Yueqi still wanted to talk.

Ye Feng tapped the table twice with his fingers. He no longer looked at the foreigner Scherr, but looked at the heads of several other investment banks, and asked in English with an obvious Chinese tone: "What do you think?"

The head of Citibank, a female executive, said: "I need to go back and do some research with the department before I can give you our results."

The person in charge of Credit Suisse said: "I'm sorry, we also need to study it. After all, listing financing is not a simple matter, and we also need to bear a lot of risks."

"Yes, the listing of your company is a win-win situation for both of us. If it is successfully listed, your company will have a stable listing channel, and we will also get a generous commission and reputation." The person in charge of Deutsche Bank Said: "But at the same time, Esposito is right. Underwriting the shares of a listed company is also a risky thing for us. If investors don't pay, then we have to pay for it, so we have to go back and study it. , and finally give the result.”

Ye Feng nodded, said nothing, and continued to wait for other people's opinions.

Wang Xin and Gao Xuan were also watching. Wang Xin frowned deeply. She thought that Lanshan Company's financial statements and cash flow from last year were enough to impress these established investment banks.

Unexpectedly, there are still people holding back.

These hyenas don’t show off their hawks when they see rabbits!

Gao Xuan has been observing Ye Feng. For her, investment banks such as Goldman Sachs, Citigroup, and Deutsche used to only exist in aloof foreign investment banks. Unexpectedly, she has actually come into contact with them in person now, which makes her even more excited. Unexpectedly, Ye Feng was as stable as a rock in the face of these investment banks that could jointly shake up the world's finance.

At this time, the person in charge of JPMorgan Chase had just put down the preliminary prospectus, raised his head and said to Ye Feng: "I also think that your company's true market value is around US$100 billion now, and US$150 billion is a bit high."

Ye Feng looked at the person in charge of JPMorgan Chase and smiled: "Where do you think it is higher?"

“Sustainability is not enough.”

Jamie Dimon, head of JPMorgan Chase, said: "I also have a general understanding of your company's revenue structure. More than 70% of your company's revenue mainly comes from online games, but the Internet is advancing very quickly and games are changing at a rapid pace. It’s also very soon. Maybe there will be another game to replace the current game. Are you sure that your company’s next game will be a hit? So Scherr and I have similar views. The price should be around $25 to $27.”

After hearing this, Ye Feng did not express an opinion. Instead, he looked at JPMorgan Chase's brother, Morgan Stanley, the so-called head of Morgan Stanley, who is also a white American in his 40s.

But what surprised Ye Feng was that this white man seemed to be quite cunning and did not express any opinions at all.

Wen Yueqi has been living in New York for a long time. Even though she contacted people from investment banks and knew many of them, she is not annoyed because this is the way to survive on Wall Street.

Profit is king.

Survival of the fittest.

So Wen Yueqi tapped the table twice with her fingers. With her tapping on the table, everyone's attention was instantly focused on her. Her expression was calm, her tone was calm, but she had an indescribable aura of a strong woman. She Knocking on the table, looking at the heads of several investment banks, he said: "I want to make it clear here that the facts of the past few years have proven Lanshan's sustainable development potential. In addition, I want to remind you that after reading Lanshan Has Lanshan Company grown in all aspects? Moreover, Lanshan Company also holds 40% of the shares of a social networking site of the same type as Twitter. In my opinion, the value of this social networking site alone has exceeded 100 billion US dollars. "

(End of this chapter)