Hollywood Hunter

Chapter 567 Listed Nokia

It happened to be in San Francisco.

Very old-fashioned job search scams, scammers use the 58list platform to publish a series of advertisements for part-time typists and data entry personnel, and then swindle cash from job seekers for reasons such as on-boarding deposits and training fees.In just one week after the launch of 58list, the Bay Area had six consecutive people fooled, and the cumulative amount of fraud reached $23,000.

After the victim called the police, the local police in San Francisco quickly determined that this was a gang fraud case.

At the same time, the 58list team was notified as soon as possible, and banned accounts and posts suspected of fraud.

It stands to reason that the next step is naturally the investigation and detection of the case.

However, the traditional paper media platform had been eyeing the launch of 58list. After the fraud, the Hearst Group’s San Francisco Chronicle got news quickly, and a special report was made on the front page of August 18. The 58list service lacks security.

Immediately thereafter, on August 19, the six victims of the fraud case filed a class action lawsuit against Igret, requesting various compensations totaling up to US$3 million, and demanding Igret’s compensation. Shut down 58list website with a responsible attitude to the public.

Many lawsuits in the United States are always accompanied by very exaggerated amounts of claims, anyway, starting from the floor.

Of course, this time, many people understand that the lawsuit requires Igret to close 58list.The media has just been exposed, followed by a class action lawsuit, and even no prior private contact. If no one was behind him, the ghost would not believe it.

In the process of preparing 58list, Eaglet had already predicted this kind of situation.

According to the website service process, users using 58list must click in advance to agree to the website's disclaimer clause, and also get a clear anti-fraud reminder.More importantly, the 58list website does not charge any fees from the classified information advertisements posted by users, and naturally does not need to bear the responsibility of ensuring the accuracy of the information.Therefore, even if this case hits the Federal Supreme Court, the possibility of losing the lawsuit is almost zero.

However, if 58list really picks itself up completely, it will inevitably damage the corporate image of the entire Igret company in the minds of users.

Simon did not plan to do this from the beginning.

The exemption clause and anti-fraud reminder only prevent 58list from falling into endless litigation. Since things happen, Igerit must solve the problem as much as possible and recover the losses of users. In fact, this is also to maintain its own reputation and interests.

When the Westero family intelligence team was formed, Simon had already determined the role of this team on the bright side, which was to deal with various hacker attacks, Internet frauds and other Internet crimes that may be encountered by the company.

Unconsciously, the Westeros family’s intelligence team has more than 200 people. Under the advice of industry intelligence experts, it is distributed in North America, Europe and Australia in the form of a very professional spy network.

Weapons will rust if not used for a long time.

Therefore, this intelligence team has been very active under the arrangement of Janet. In addition to the security and prevention work of the Westeros in the dark, the Simons also intentionally or unintentionally choose various targets or arrange some tasks for the team to investigate or Completion, even many of the goals and tasks have no clear purpose, this is just to ensure that the team will not'rust'.

As for the expenses incurred during this period, the issue of money is not a problem for Simon.

So, for two years, the surveillance and investigation files for various targets were full of several cabinets in the basement of the shell villa. Some time ago, the maid beside the female assistant tried to betray the employer’s information. In fact, it was found at the beginning. In the subsequent series of actions, in order to avoid abandoning the child, until now, the maid named Doris Fiecher still has eyes on him all the time.

Simon rushed to San Francisco on August 19, the day the six victims initiated a class action, and personally deployed the detection of the fraud.

He did not trust the police in the Bay Area.

Detectives in American crime dramas are always wise and clever, but in fact, the inefficiency of US law enforcement agencies is almost well known. Even the average detection rate of vicious cases such as kidnapping, homicide, and arson is only 60%, not to mention fraud. This'little thing'.

Moreover, some means of regular law enforcement cannot be used.

This is not a problem for the Westeros private intelligence team.

When Simon arrived in San Francisco, a team led by Martin Dinham in the intelligence team had been busy for three days, and basically grasped the direction of the case.

According to the IP information of the posts related to the fraud, the intelligence team located an Internet cafe in Richmond City in the northern Bay Area. This was originally a project jointly initiated by Igrid and AOL. Now this one has more than 1200 in North America. The chain of Internet cafes in Jiamendian is owned by IBM and some private equity funds on Wall Street.

The monitoring system in the early 1990s was still very backward, but the team still got the monitoring video of the public area of ​​a bank near the block where the Internet cafe is located.

At the same time, the official files related to the case also fell into the hands of Eaglet.although

However, a class action lawsuit was initiated, and two of the six victims agreed to cooperate with the company's investigation under the lobbying of Igreat.

After the investigation of the surveillance video and the personal identification of the victim, the suspected target has been basically confirmed at about 8 o'clock in the evening of August 19.

The whole thing seems to be very simple. Many of the links do not have enough strength, contacts and skills. To complete it can only be a delusion, in the final analysis, or money.This is also the reason for the low detection rate of the US police. If sufficient budget and manpower are given, no case in the world can be solved.

To confirm the suspected target, the next step is to find someone.

Although the Bay Area has a population of more than 5 million people, the accurate appearance of the suspects is drawn through surveillance videos and victim descriptions. At the same time, the general activity area of ​​the other side is locked, and it is not difficult to find targets.

Therefore, ordinary people encounter scams, especially traceable Internet scams and telephone scams. It is not difficult to catch criminals.However, operators are reluctant to trouble, and the police are not willing to trouble, and the victims do not think about it, often they can't do anything about it.

Simon stayed at the headquarters of Igret until more than nine o'clock in the evening before returning to the villa in the woodside mountains.

The female assistant had not rested yet. She sat quietly in the living room of the villa and read a book. The TV was turned on, but a small figure came out.

Simon handed her coat to girl D, came to the sofa and sat down with Jennifer, kissed her face, and asked, "Aren't the little guys naughty?"

"No, it should have fallen asleep," the female assistant put down the book and put her body close to Simon's side, and asked, "How is it over there?"

"Done, just find someone."

"What about the class action and the media?"

"These are Jeff's things to deal with, we just wait for the results."

Simon said this, leaned over and put his ear on the belly of the female assistant for a moment, and there was no movement, so he skillfully bent his finger and wanted to knock a few times. The female assistant opened it with a smile: "It’s not a watermelon, don’t put it The baby woke up."

Just kidding, Simon looked at the time and said, "Shall I take you to take a bath?"

Jennifer opened his arms to Simon: "Okay."

Simon got up, picked up the female assistant, and walked towards the bedroom.

After taking a bath, putting on my pajamas, Jennifer was lying on the side of Simon’s bed, obviously sleepy, and asked, “Would you like to wait for news from London?”

Los Angeles is August 19th. London is 8 hours earlier than the west coast of the United States. It is already August 20th.

Nokia will be officially listed on the London Stock Exchange on the morning of August 20 local time.

The opening time of the London Stock Exchange is from 8:00 am to 4:30 pm. According to the 8-hour time difference, in the early morning of Los Angeles, the inquiry before the official transaction should start in London, and Nokia stock officially opened. It's at least one o'clock in the morning on Los Angeles.

Simon didn't plan to wait like this, shaking his head, turning off the ceiling light in the bedroom, leaving only a yellow wall lamp on the bedside, and picking up a book called "Walden Lake" on the bedside: "Reading for you?"

"Ok."

Simon leaned on the head of the bed and waited for the female assistant to find a comfortable posture beside her, turning over the pages and reading in a soft voice.

At the other end of the Atlantic, less than seven o'clock in the morning, Nokia's CEO Jorma Ollila and James Rebold, who came specially from New York, gathered in the lobby of the stock exchange headquarters in the City of London.

The difference between the London Stock Exchange and other major exchanges in the world is that it opens at 8 o'clock in the morning, which disappears at least one earlier than the mainstream opening time.

After more than half a year of preparation, Nokia’s IPO valuation was finally determined to be 1.8 billion pounds. According to the exchange rate that has not recovered from the pound crisis last year, it is equivalent to 2.7 billion US dollars, which is about 35% higher than the 2 billion US dollar valuation at the beginning of the year. Thanks to the strong growth of Nokia's performance in the first half of the year.

Throughout 1992, Nokia’s revenue was equivalent to USD 1.47 billion, and 3.76 million mobile phones were sold throughout the year.

In 1993, due to the rapid development of the European mobile communications industry, the acceleration of digital communication upgrades and the re-entry of Nokia into the North American market, only in the first two quarters, Nokia’s turnover reached 1.13 billion US dollars, equivalent to 1992. 76% of revenue, but also achieved a net profit of 129 million US dollars.

At the same time, the sales volume of Nokia mobile phone equipment has increased significantly, with a shipment of 3.39 million units in six months. This is close to the entire year of 1992. It is expected that the shipment of Nokia mobile phones will reach 7 million units in 1993. The annual revenue growth rate will also reach a staggering 80%.

Therefore, the valuation of 1.8 billion pounds is still seriously underestimated by many analysts.

According to Nokia's ultra-high growth rate and revenue and profit status in the first half of the year, even a valuation standard of 15 times price-earnings ratio will be very conservative.

However, the valuation of 1.8 billion pounds is actually only equivalent to 10.5 times the price-earnings ratio.

Because of the underestimation of market value and excellent business development prospects, Nokia's stock subscription scale has reached 12 times the size of the issue in the early road show stage, which is definitely the most popular new stock in the London Stock Exchange in recent years.

Many media believe that making Nokia the most active new stock on the London Stock Exchange is probably why Westeros tolerates a low valuation of 10.5 times the price-earnings ratio.

The lower the issue price, the more active the transaction after listing, so it is more conducive to the future growth trend of the company's stock price.

Overall, this is a choice for the future.

Nokia’s development is very healthy and rapid, so the company’s future is indeed more important than the urgent need to raise more funds at the IPO stage.After all, whether it is Nokia itself or the Westeros system that continues to expand at a high speed, there is no shortage of funds.

In terms of equity, Westeros' Nokia shares totaled 132 million shares. After the pre-IPO equity award exchange and internal employee subscription, the total share capital was expanded to 137 million shares.

In this IPO, Nokia issued 28 million new shares.

All calculated, after completing the IPO, Westero's shareholding in Nokia just maintained at 80% of the original plan.

Based on a valuation of US$1.8 billion and Nokia’s initial total share capital of 132 million, the stock issue price was determined to be 13.63 pounds, and the size of funds raised was 381 million pounds, equivalent to 576 million US dollars.

At the end of August in London, the weather had turned cool, but the stock exchange hall was fiery.

At 8 o'clock, I went through the pre-opening speech and bell-ringing ceremony and other processes. The inquiry phase officially began, and everyone in the hall turned its attention to the electronic display board in the trading hall.

Fifteen minutes later, looking at the string of numbers directly jumping from 15.25 to 15.55 on the electronic display card, the last trace of suspense fell completely.

At 9 o'clock, after four consecutive rounds of inquiry, Nokia shares officially opened on the London Stock Exchange. Compared with the issue price of 13.63 pounds, the opening price of Nokia stocks reached 18.12 pounds, an increase of 33%.

In the case of other new stocks, the 33% increase on the first day of the opening day is actually very good.

However, for Nokia, the 33% increase at the opening was just the beginning.

Faced with constant buying demand, Nokia's stock price rose along the way for the next few hours.

In the exchange hall, whether it was a hyper-exciting Nokia executive or a media reporter from various parties, looking at the continued rise in Nokia's stock price on the electronic display board, there was even a feeling of being witnessing a miracle.

When Simon got up on time at seven o'clock local time in San Francisco, he almost immediately received a trans-ocean call from London.

James Rebold took the initiative to give the microphone to Jorma Olia. The Nokia CEO was almost incoherent on the phone, but Simon also clearly heard an important point, 106%, and there is one more from the close. For half an hour, the rally did not stop.

Simon is very generous to Nokia's management or Jorma Ollila, whom he values ​​most.

In the three years in charge of Nokia, among the total 5 million shares of awards and subscription shares for the Nokia team, Jorma Ollila took 3 million shares alone, close to 2% of Nokia’s total share capital, and it is a complete stock award. Not a low-priced internal subscription for many employees.

Depending on the situation, it is only today that Jorma Ollila is expected to become a billionaire.

As usual, running in the woodside mountains, having breakfast with a female assistant, listening to the work schedule of girl A today, so until 8:30, London side at 4:30 pm, the exchange officially closed, Jorma Ollila Calling again, Nokia's stock price finally rose to 121% throughout the day, and the closing stock price reached 30.12 US dollars, so Nokia's market value reached 4.969 billion pounds, equivalent to 7.5 billion US dollars.

As Nokia's largest shareholder, Westero's shares have increased to 6 billion US dollars.

Over the past three years, a total of US$500 million has been invested and US$6 billion has been recovered. The rate of return has reached 1200%.

With the listing of Nokia, not only Nokia CEO Jorma Ollila directly became a billionaire, but also created a series of multi-millionaires and millionaires.

Although Nokia's price-earnings ratio reached 29 times at the close of the day, due to the market's pursuit of Westeros' concept stocks and Nokia's optimistic development prospects, major analysts generally predicted that Nokia's stock price still has a lot of room for growth. P/E ratio is expected to reach about 50 times.

If this is the case, there is no doubt that after AOL, Cisco and other companies, the Westeros system will once again have a technology company with a market value of tens of billions of dollars.