Shenhao started after the college entrance examination

Tianfu Hotel, room A.

After Qiao Yafei toasted three glasses in a row, he realized that he had been sloppy, because after drinking four glasses of 52-degree white wine, Anliang's expression did not change, as if he had just drank four glasses of water.

Even if it was just a small glass of wine, Qiao Yafei felt that An Liang had a strong drinking capacity.

If An Liang was pouring wine just now, Qiao Yafei would have wondered if he had used some kind of mandarin duck pot, which was half high-strength liquor and half white water.

However, Qiao Yafei was pouring the wine by himself just now, and the wine had been poured out in advance and placed in a wine container, which was a small transparent glass cup.

The wine container is a way to circumvent the brand logo that comes with the wine bottle, resulting in some irregularities. Therefore, the wine container was born, and it spread from certain occasions and was widely used.

After Qiao Yafei realized that An Liang had a good drinking capacity, he gave up his plan to win back the game at the drinking venue.

"Mr. An, how do you plan to acquire Aiyi Video?"Qiao Yafei asked straight to the point.

An Liang said casually,"Your Aiyi Video is an AB share framework, right?"

Aiyi Video is a listed company and this information is public. Qiao Yafei is not surprised that An Liang knows

"Yes." Qiao Yafei responded affirmatively,"Currently, our Xiongzhang Company owns 100% of Class B shares and 0.35% of Class A shares, accounting for 56.1% of the total share capital, but we own 92.7% of the voting rights."

In short, Xiongzhang Company has absolute controlling interest in Aiyi Video!

"I believe you must have investigated our safe investment situation. An Liang said casually,"We have 100% cash reserves to acquire Aiyi Video.""

Under normal circumstances, acquisitions adopt a mixed model of cross-shareholding and cash transactions. Pure cash transactions mainly occur in small acquisitions.

Not to mention acquisitions exceeding 100 billion, there are acquisitions in the tens of billions. There are very few examples of pure cash acquisitions.

Market capitalization is always market capitalization, not value. The market capitalization of the stock market is a very empty concept, like a soap bubble, something that can burst as soon as you poke it.

Take Apple as an example. Apple The company's market value continues to rise, and is currently close to two trillion US dollars.

But is Apple really worth that much?

That's just Apple's market value!

Market value is just a value expression parameter in the stock market, and It is not the real value.

For example, if Apple's stock price fell by 10%, it is equivalent to the evaporation of US$200 billion in market value. That means the market value of more than 1.3 billion Xia Guoyuan has basically disappeared.

However, there is really so much money Has it disappeared?

Not at all!

It’s just that the market value in the conceptual sense has disappeared.

The price of a stock is a deep thing, just like Tesla’s stock. When a large number of short-selling orders are targeted at Tesla, and there are stocks everywhere in the market If it is bad news for Tesla, then Tesla's stock price will naturally fall.

But it does not mean that the money disappears out of thin air.

To give another example, if we say a certain stock code-named XPE, The total share capital is 1 billion shares, and 400 million shares have been put into circulation in the stock market. Suppose the issue price is 10 yuan per share, and they are robbed and bought, and the stock price rises to 100 yuan per share.

According to extreme data analysis, all 400 million shares are based on If the issue price is sold, 4 billion of funds will be sold. Now when the stock price rises to 100 yuan, the theoretical value is 40 billion.

It seems that an extra 36 billion comes out of thin air?

However, the stock market is a zero-sum game rule, and the stock market does not It will create wealth and only transfer wealth. This 36 billion vacancy belongs to the concept of advance payment.

Unless all 400 million XPE shares change hands once at a price of 100 yuan, it means that it is transferred from the original purchaser to others. In the hands of one person, if someone else takes over at a price of 100 yuan per share, it is equivalent to making 36 billion.

Otherwise, it is a market value concept in a paper sense, and it is a bubble with 36 billion yuan. It does not mean that the value of 36 billion is increased out of thin air.

The funds in An Liang's hands indeed exceed 200 billion Xia Guoyuan. If necessary, he can indeed acquire Aiyi Video in cash.

But if An Liang proposes to acquire Aiyi Video in cash, let alone 100 billion, it will be 8 Ten billion or sixty billion, or even a lower price, I'm afraid Xiongzhao Company will quickly agree.

After all, it is a cash acquisition!

It means converting the conceptual market value into a real value!

Most leeks just don't understand The market value of this concept and the value of the real meaning, so they rushed into the leek field, fearing that the bosses' sickles were not sharp enough and could not cut them. To be honest,

An Liang felt heartbroken for them.

Look at the big boss Mr. Ma and Mr. Xiao Ma always sell stocks when the stock price is high. By converting the conceptual market value into practical value, you will know how many leeks these big guys have harvested.

Why do you want to be a leek?

When facing Qiao Yafei's inquiry, An Liang took the initiative to bring up the topic of sufficient funds. In fact, it was just a big deal. He really asked An Liang to buy Aiyi Video in cash, even 1%...

No!

There is not even a one in ten thousand chance!

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An Liang: Leeks, wake up! I, Anliang, can't save too many people, I can only save one at a time! I am a good man, trustworthy!