Hollywood Hunter

Since the Simons arrived at the headquarters of the New York Stock Exchange at 7 am, the atmosphere inside and outside this century-old veteran stock exchange building became hotter as more guests arrived.

Not only Amy Pascal, Robert Iger and other core senior executives of Daenerys Entertainment Group, but also a large number of senior executives in various fields in the Westeros system, such as Igerett Company, Cersei Capital, Verizon Telecom, etc. All arrived one after another.As an entertainment giant rooted in Hollywood, the large number of movie stars, pop singers and supermodels invited to watch the ceremony even made the New York Stock Exchange, which only concentrated a large number of financial street people, shine.

The Igrid portal live broadcasted today's listing ceremony as usual.

When the time came to 9 o'clock in the morning, the total number of viewers watching this listing live broadcast worldwide had exceeded 26 million people.

The attention is not enough to describe this grand occasion.

At 9:15, the core senior executives of Daenerys Entertainment who took turns to be interviewed by the media began to gather on the stage of the bell-ringing ceremony. Daemis Entertainment CEO Amy Pascal gave a speech on behalf of Daenerys Entertainment.

Simon should be responsible for this job.

However, according to a ridiculous statement in memory, despite the fact that his strength is not allowed, Simon still adheres to the low-key public strategy to the greatest extent and can show his face as much as possible without turning his head.

In fact, Simon’s current chairmanship of the Daenerys Entertainment Group originally intended to be dumped to Amy Pascal.

In fact, doing so is equivalent to making a promotion step for many people.

However, after the matter was raised, the entire Daenerys Entertainment management objected. Although everyone understands that even if it is not in any position named by Daenerys Entertainment, Simon will not ignore this company, but the public invests People don’t necessarily think so. As the Westeros system grows larger, they may think that Simon intends to completely put down the management of Daenerys Entertainment, which will inevitably affect the company’s market after listing. confidence.

As a person who looks at medium- and long-term investments in his bones, Simon does not care so much about the short-term stock price fluctuations of various companies in the Westeros system, but he also has to consider the interests of many others.

At 9:30, the NYSE opened.

Simons, Amy Pascal, Robert Egger, Nancy Brill and other senior officials of the Westeros system watched the tens of millions of viewers on the trading floor, live TV, live webcast and other media channels. The button that symbolizes the start of trading of the stock of Daenerys Entertainment Group officially completed today's bell-ringing ceremony.

However, for most people who are concerned about this matter, the exciting day has just begun.

After the bell-ringing ceremony, the IPO company’s shares will not start trading in the secondary market for the first time, but will enter the inquiry stage of investors around the world, so as to reasonably determine an opening price based on the market’s true purchase intention. It can ensure that the formal trading stage will not cause a large number of orders in a short period of time to cause congestion in the trading system.

The usual corporate IPO often only experiences two to three rounds of bidding, and the market is generally opened at 9:30 and can be officially traded before 10:30.

After completing the bell-ringing ceremony, Simon and his wife, a group of Westeros executives, a large number of media reporters and many guests on the scene did not rush to leave, just an hour of inquiry time, everyone did not lack this patience, everyone wanted to personally Witness the IPO valuation has reached as high as 53.1 billion US dollars Daenerys Entertainment officially opened, the level of stock prices will reach.

Through multi-party feedback such as IPO roadshows and media reviews prior to listing, Daenerys Entertainment’s stock price will inevitably rise again on the basis of the issue price on the day of listing, which is already a fact that everyone believes.

Conservatives believe that Daenerys Entertainment Group's closing market value on the first day of listing should be between 60 billion and 70 billion US dollars, after all, this is already the top market value scale of US companies at this stage.

Others believe that Daenerys Entertainment will break the throne of IBM US companies by market value on the first day of opening.

As of yesterday's close, the market value of IBM, which has clearly begun to recover again under the leadership of new CEO Louis Gösner in the past year, has reached a new high, reaching $81.7 billion.

The market value of Daenerys Entertainment on the day of listing wants to surpass IBM, the first day's stock price increase needs to reach 53%, even though the market value of Daenerys Entertainment is too large, with the recent capital market's expectation of Daenerys Entertainment, think It is not too difficult to achieve this goal.

And the most optimistic argument is that even the market value of Daenerys Entertainment will break through the hundreds of billions of dollars mark on the first day of listing, becoming the first listed company with a market value of hundreds of billions of dollars in American history.

This is not without aim.

According to the first quarterly financial report of 1994 released by Daenerys Entertainment, from January to March at the beginning of the year, Daenerys Entertainment's single-quarter revenue was 5.627 billion US dollars, an increase of 37% compared with the same period last year. Realized a net profit of 653 million US dollars, a year-on-year increase of 16%.

According to this financial report, for the entire year of 1994, Daenerys Entertainment’s conservative revenue estimates will also reach about $22.5 billion, and its annual net profit will not be less than $2.6 billion.

Therefore, even if the market value of Daenerys Entertainment exceeds 100 billion yuan on the first day of listing, it is only equivalent to a price-earnings ratio of 38 times.

In the US stock market, which has continued to recover after the Gulf War, companies with close to 40 times earnings are everywhere, not to mention Daenerys Entertainment, a super entertainment giant that suppresses all other Hollywood movie companies.

The first round of inquiry takes a long time.

At 10 o'clock, the electronic display on the trading floor of the New York Stock Exchange finally showed the results of the first round of inquiry. The quotation range was between $24.75 and $25.25.

This is a direct increase of 10% compared to the issue price of $22.5.

Inside and outside the exchange, many people can't help but calculate. According to three rounds of inquiry, when Daenerys Entertainment's stock price opens, it may rise by 30% compared to the issue price, which is equivalent to directly breaking through the market value of 70 billion US dollars.

However, the development of things is still far beyond everyone's expectations.

After the second and third round of quotations at 10:15 and 10:30, the quotation range has risen to US$27.5 to US$28.5. About 24% of the three rounds of quotations rose slightly below some people’s expectations, however The exchange soon received feedback, and investors' inquiry application is still very active.In other words, the three rounds of inquiry are not the end, and things have to continue.

Many on-site guests who had planned to leave the NYSE after the opening of the stock were unaware of the fact that time had slipped away unconsciously for an hour.

Everyone chose to stay and continue to wait.

Not only did the live audience of the Igrid portal decrease because of the end of the bell-ringing ceremony, but this hour of time continued to increase. Around 10:30, the total number of viewers has exceeded 31 million.

Subsequently, the inquiry continues.

Fourth round: 30.25-30.75

Round 5: 31.5-32.25

Round 6: 32.75-33.25

Seventh round: 33.75-34.75

Round 8: 35.25-35.75

In 1994, although electronic trading has begun to become more widespread, in order to reduce the data processing load during stock trading, stock quotes still use one-eighth of each share as a fixed unit, that is, each price change must not be less than 0.125 US dollars.

Until 11:45, countless spectators who had been waiting for more than an hour more than expected, finally awaiting the result of the eighth inquiry in the final round in the excitement of being so numb.

The US stock market is not closed at noon.

So, at 12 o'clock, the New York Stock Exchange finally announced that Daenerys Entertainment shares will officially start trading at an opening price of $35.5.

As of this time, compared with the issue price of 22.5 US dollars, Daenerys Entertainment stock has risen by 57%, with an opening market value of 83.3 billion US dollars, directly overturning IBM to the second position and promoting the market value of US listed companies. .

IBM's record is easily broken, can billions of dollars be far behind?

With this kind of doubt and some weird expectations, countless eyes are still closely watching the movement of Daenerys Entertainment stocks after the official opening.

The Simons originally thought that they would be able to leave the New York Stock Exchange at around 10:30, but did not expect to wait until noon.

Daenerys Entertainment prepared a luncheon reception at the Hilton Hotel not far from the New York Stock Exchange to entertain guests and media who arrived today. Because of this delay, everyone arrived at the hotel banquet hall at about 12:30, away from the planned The start of the reception at 11:30 has been delayed for an hour.

However, no one cares about such details at this time.

Even after arriving at the hotel, the topic of discussion is still how the stock price of Daenerys Entertainment will close today, and some guests will secretly hide in the corner between the reception to answer a call or two.

I took a rest late last night, got up early today, and continued to maintain a state of excitement for up to one morning. Janet did not come to the reception again and returned directly to the apartment on Fifth Avenue from the New York Stock Exchange. feel.

Simon couldn't leave with a pick, and rushed to the Hilton alone.

"Our market analysis team has collected the first batch of audience questionnaires on the East Coast this morning. Everyone's feedback on "Forrest Gump" is very positive. They think it is very interesting and worth watching. More than half of the audience said that they would Recommended by people around. Although the specific results will not be released tonight, but this is a very good sign, the box office of the film should not be too bad."

In the banquet hall.

There has been too much discussion on the topic of IPO, and Simon and Amy talked about "Forrest Gump", which was officially opened on a large scale today.

Everyone understands that the box office success of "Forrest Gump" that happened to be at the same time will greatly affect the box office trend of Daenerys Entertainment for the next period of time.

Now that it has gone public, even if Simon still has absolute control of Daenerys through the dual shareholding structure, many things must be done in accordance with the rules.Maintaining a company’s stock price is a matter where the shareholders and management of a company must do their best.

If you want to achieve the phenomenon-level viewing effect of word of mouth, the most important recommendation in the audience feedback to the people around you can be achieved by more than half.

Although Amy's attitude is still conservative, this index has reached the standard in the morning questionnaire.

Simon basically rested his mind and said, "Now it is possible to discuss the issue of additional budget announcement. You can arrange it in the afternoon and add 10 million US dollars first."

Amy thought about it, nodded, but said again: "I will share this part of the budget with other movies."

Sharing a loss budget is a common practice for many film companies to whitewash their earnings.

Before the IPO, Daenerys Entertainment did not have this practice, because it was not necessary, and Simon also required management to provide 100% accurate financial data for themselves.

Now, since it has become a listed company, it often has to take some special financial measures.

There is no fish when the water is clear.

Simon did not object to the cover-up and whitewashing of the enterprise when necessary, but this time he rejected: "No, it can be directly counted in the budget of Forrest Gump. Amy, Daenerys Entertainment The efficient management system over the years has not been easy to come by. I don’t want Daenerys to make unnecessary changes to meet market rules so quickly. Sometimes, some things are lost and it will be very difficult to find them again. "

Amy nodded solemnly, feeling the serious eyes of her boss.

The two chatted for a few more words. Raymond Smith, the CEO of Verizon Telecom, came over to say hello and Amy walked away voluntarily.

After being included in the Westeros system, Verizon has been striving to expand its mobile communications layout and focus on overseas market expansion in recent years.

Now, the layout in both areas has reached a considerable level, Verizon wants to go further, can only expect further relaxation of US telecommunications regulations.

The Westeros system originally promoted the telecommunications reform-related bills very smoothly, but due to the disruption of the Hurst family some time ago, the layout of Daenerys Entertainment’s lobbying in the relevant bills was severely set back, and it caused a strong effort. The widespread concern of many parliamentarian candidates in the mid-term elections

Raymond Smith can only envy AOL.

This Internet service provider, who has relied on the emerging Internet industry to exploit the legal gaps in US telecommunications, does not have to be subject to the legal restrictions that Verizon can only conduct business in a few fixed states, and can spread its business throughout the United States.

Although pure Internet access services are much thinner than AOL’s investment in basic equipment, as long as U.S. telecommunications regulations are relaxed, AOL uses its hundreds of thousands of kilometers of fiber-optic network that has been laid in the United States to easily business Expanding into the field of cable TV and fixed telephones will inevitably impact traditional cable TV and fixed telephone operators.

It stands to reason that traditional telecommunications manufacturers should be opposed to relaxing telecommunications regulations.

The opposite is true.

Regional telecommunications companies such as Verizon also have the ambition to expand to the entire United States. To achieve this, even if they understand that the relaxation of telecommunications regulations will make AOL even more powerful, they will have to participate in the reform of federal telecommunications regulations, otherwise , They can only sit in a city and land slowly decline.

The Westeros system has completed the potential layout in the fields of Internet services, cable TV, landline telephone, etc. through AOL. Raymond Smith understands that Simon cannot support the second similar telecommunications giant, nor is it possible for the US government. allow.Therefore, Verizon's development focus can only point to the emerging mobile communications field.

According to the rapid growth of the mobile communications industry in recent years, Raymond Smith also determined that the future market size of this field will not be much worse than the traditional telecommunications industry.

Everyone was intertwined in the Hilton Hotel. After the NYSE, Daenerys Entertainment's stock price rose sharply after the official opening, it still did not stop rising.

The high opening stock price not only did not restrain the trading activity of this stock, but also further stimulated the buying desire of investors around the world.

When the reception lasted until about 1:30 in the afternoon and officially opened for an hour and a half, exciting news came from the New York Stock Exchange. Daenerys Entertainment's stock price rose 88% to $42.375.According to the calculation of the total share capital of 2.363 billion shares of Daenerys Entertainment, the market value officially exceeded the $100 billion mark.

Then, the miracle did not stop.

After breaking through the market value of 100 billion U.S. dollars, Daenerys Entertainment's stock price finally oscillated, but the overall trend was still upward.

At 3:46 in the afternoon, in a shocking upswing, Daenerys Entertainment’s share price broke through the high of $45 and achieved a 100% increase on the first day of listing.

Immediately after this week's last forty minutes of trading time, this stock's trading became more active.

Finally, the time came to 4:30 pm.

At the close of the US stock market, Daenerys Entertainment’s stock price was finally fixed at $47.75. Compared with the issue price, the stock price rose by 112% on the first day of listing. The final closing market value not only exceeded the $100 billion mark, but even further, reached an astonishing 1128 The high of 100 million dollars is unstoppable!