Chapter 1097

Humphrey is a big fan of ERV.

I am very optimistic about its future.

However.

In the United States, the issue of new shares is different from that of Huaxia. The new shares are "divided". The Underwriters contact each customer in advance and sell the new shares to them, instead of being able to apply for shares like Huaxia.

But the chance of breaking is not small.

Facebook was like this in those years. On the day of its listing, it fell below the issue price. Therefore, the upsurge of new share subscription in the United States is not high. Unlike Huaxia, it basically makes money when buying new shares.

On average, there are more than 100 IPOs of listed companies every year.

Two or three hundred delisted.

Such a big delisting risk makes the investment here more rational.

That's why there are roadshows everywhere.

It is to give investors confidence.

If it's a general stock.

Sales is a problem.

But ERV.

It was sold out in just three days.

Ordinary customers can't grab it at all. The subscription of new shares in the United States is not a game for retail investors. Retail investors can only buy and sell in the secondary market. The most delicious cake, of course, is for big customers who have been cooperating with each other.

Humphrey didn't speculate in stocks before.

It's not a big investor in securities companies and investment companies.

Naturally.

Even though he has millions of dollars in the bank.

I didn't get the new shares of ERV. In fact, I can get them if I want to, but it's very troublesome. Humphrey is afraid of trouble. Since I can't get the new shares, I'll go to the stock market to buy them.

Anyway.

He didn't think he would lose money.

If a company like ERV loses money, few companies can be trusted.

"And you, Billy?" Asked Humphrey.

Then.

Billy's "treacherous" voice came.

"Hey, hey, I got new shares of ERV, two million dollars."

"How much are you going to sell?"

"For sale? I don't have this idea for the moment. I'm optimistic about the future of ERV. "As a person with high IQ, he used to feel insulted when playing games. Now when playing games, he feels that IQ is seriously insufficient.

He is such a person.

I admire those who are more powerful than myself.

Prepare for long-term investment.

"Just like I thought, I don't care if I spend ten million dollars." Humphrey laughs. Maybe it will be the most profitable investment in his life.

"Wait for tomorrow's listing."

"Good."

Such a big thing.

There must be live media.

ERV。

It has become the annual feast of the capital market.

。。。

Goldman Sachs.

Headquarters.

The meeting on the listing of ERV has been held for more than an hour.

But no one at the scene felt tired, and on the contrary, they were full of energy, because they would witness the rise of a great company. Analysts gave a very positive answer to this.

And market reaction.

It makes them more confident.

ERV's IPO is as high as US $40 billion, and 40% of them are underwritten by Goldman Sachs, which is the highest proportion among all securities companies. Now, all of them have been underwritten, and they have won unanimous praise from big customers.

At the beginning of the listing process.

They all think that ERV is really crazy.

40 billion dollars.

Twenty percent.

That means ERV is worth 200 billion dollars.

That's the number.

There is no such thing in history. Due to the fierce competition of customers, the major securities companies almost can't help using the over allotment right. That is to say, the securities companies sell well, and they can underwrite 15% of the shares to customers.

Originally, only 100 shares were issued.

Many people buy it.

The total IPO size will increase to US $46 billion.

However.

Considering that the increase of circulating shares is an unstable factor after all, the pursuit of capital brought by scarcity is more beneficial than satisfying them, so they did not use their over allotment right.

There is little meat.

It can highlight its significance.

If there are no potential companies, they will use this. It's always good to sell more.

But ERV is different.

There is a bright future ahead.

In the future, there will be a lot of room for operation. I don't care about this "small profit".

"After the launch of ERV, clear your list. This time, we must fight a battle that will be remembered by history." Finally, before the meeting ended, the investment manager looked red at the traders in front of him.

As an investment company.

It's also a securities company.The capital managed is unimaginable to outsiders.

For ERV.

There is only one customer, big or small, who calls to buy. Of course, it's not an irrational purchase. It's a reasonable allocation. They spend 10-20% of their capital to buy the shares of ERV.

It's the operation of most people.

Goldman also has a large stake.

Some will be thrown out at that time.

Otherwise.

You don't sell it?

How long is the stock price?

You know.

The stock market is a zero sum game.

No money will come into being out of thin air, and no money will disappear out of thin air. Suppose a share of ten dollars, if you want to increase the price to eleven dollars, someone has to pay eleven dollars, and the two sides reach a deal.

Otherwise.

The original price is ten dollars.

Even if someone offers us $100, if there is no transaction, the stock price will still be US $10. Therefore, only when the stock flows, can the value be brought into full play.

Individuals tend to hold for a long time.

Investment companies tend to keep trading.

。。。

Apple.

Headquarters.

I've been watching ERV for months.

Jobs was a bit down in the dumps.

He thought that Apple would become the focus of media attention for a long time when the next generation of Apple came out. However, it was all his wishful thinking. It was not long after it was released.

ERV is crazy.

Announcement of listing.

At first, the $15 billion IPO mentioned by the board of directors increased to $40 billion. When it arrived, you sold out so quickly, and there were a lot of people waiting in line.

Start with the world.

In the last few months.

ERV launched a large number of projects.

Each project more or less makes ELV's position more stable, and also makes it enjoy the favor of capital that Apple has never enjoyed. However, his apple generation machine can only be reduced to small news.

Forget it.

The house leaks every night.

The weakness of the performance of Apple's next-generation processor made jobs uneasy. The new generation processor of Qualcomm is much better than the one jointly developed by both sides, and many giants are ready to adopt it directly.

Apples are hard to ride.

There is a big gap in chip performance.

One generation computers have even been rated as "backward in performance" by many multimedia and experts. That is to say, the speed of hardware improvement is too fast, and their products can't keep up with the wave even before they are on the market.

It hurt him and his team.

"I always feel uneasy about stepping up the research and development of the next generation of Macintosh, abandoning the original chip and adopting the existing Xiaolong processor of Qualcomm." Mr. Jobs said.

"Yes."

They also feel that at this moment, Apple should not insist too much. If they wait for the next generation of chips to be put into production, they will have to wait at least eight months. It is difficult to predict what will happen at that time.

They can't afford to wait.