What’s Wrong With Me Being a Rich Man?

Chapter 74 Birth

Yu Xing slept at 1:30 in the morning. He thought that after he had made up his intentions and drank beer, he would wake up with a bright sunny morning. Unexpectedly, he opened his eyes at just five o'clock.

He was confused for a few minutes, and opened the curtains and saw the vague morning light outside, but he lost sleepiness when he went to bed again.

Three and a half hours of sleep.

Yu Xing rubbed his face, got up and urinated, washed up and brewed a cup of instant coffee, and then looked out the window. There were already old men and aunts who got up early and practiced in the morning on the street.

He was drinking very bad coffee while thinking as he watched the street scene in the early morning.

In the past three months, except for the trip home, I have been thinking about the company almost all the time. Since they are all college students, even if there are Zhong Zhiling and Lu Haiying, strange things that need to be asked will still appear. .

Yu Xing felt that the mental fatigue brought by the high load operation was even more unforgettable than this short sleep.

The stimulation of high commission and the opening of part-time jobs, although Guiai.com has not been established for a long time, the number of full-time and part-time employees is nearly 500, which is still the case when there are a wave of people in August.

Five cities, this, this, that, right, wrong, wrong…

Yu Xing lit a cigarette and felt that an effective management mechanism and a streamlined team could make his mood happier when doing things.

He had a thought and couldn't help thinking about shorting again.

Yu Xing's superficial understanding of short selling almost all comes from reflections after the financial crisis such as "Big Shorts", as well as companies like Muddy Waters that are famous for sniping Chinese stocks.

Muddy Waters should not be established yet. Its name comes from the Chinese "Mutdy Waters Fishing". The founder is a young American. He has joined investment banks and law firms, worked in a foreign-funded law firm in Shanghai, and operated warehouses. Business and a website.

Later, the warehousing business was almost ruined and the rent was embezzled by the park manager.

The reason why Muddy Waters was founded because he helped study a Chinese company and discovered the fraud. He simply did it all the time and went on to short the company with his father who had experience in this area.

This short selling caused the company's stock price to fall by more than half, and the founder also made a huge profit of $6,000!

US$6,000, more than 40,000 Chinese coins, no profit.

Yu Xing was impressed by this detail, but for a while, he could not remember what the first company name was shorted by Muddy Waters. Fortunately, the name Jiang Nanchun was also impressive.

Muddy Waters Company is not large in scale, and a typical Citron Company of similar nature is said to be a single person, and only temporarily hires about 2 to 10 people to work when investigating different projects.

Yu Xing’s understanding of Citron Company comes from its doubts about its former boss’s company. Citron shorted Evergrande in Hong Kong stocks in 2012, and then was sued. In 2014, it was investigated by the SFC of the China Securities Regulatory Commission, and finally the Xiang in 2016 Jin lost the case and ruled that securities will not be allowed to be traded in Xiangjiang for five years.

Of course, the doubt was confirmed in the not-too-long uproar, and there was a saying in the investigation report circulated widely.

——"Evergrande's finale is already destined, and what cannot be determined is just time."

As an employee, Yu Xing did not think that his evaluation of the same thing could be so different at different stages. He still remembered it freshly, and he still has mixed feelings when he recalls it.

In this way, as long as the core figure of the institution is established, it really does not require too many people.

And, sufficient security is also required.

Under the premise of safety, with the right ideas and adaptive tools, this work may be done well.

Short-selling institutions must operate separately from mainland companies, and they must also have more vests. Bai Xiaosheng can play an auxiliary role in certain public opinion moments, but they cannot always work for shorting, and shorting itself will not be so frequent.

The goal is to choose companies that can be investigated by Hong Kong and US stocks, which are legal and compliant operations.

Yu Xing drank half a cup of coffee and remembered what Liu Wanying said himself: projects are tools, and people are tools, and the effect of these combinations... can they bring some profits of small fat?

The outline of the city outside the window became clearer and clearer in the morning light, and there were more and more pedestrians and vehicles on the road.

When Yu Xing looked at this scene, perhaps it was the fatigue of sleep that was reentrant of the nerves, or perhaps it was the refrain after the company's intention to sell for sale was finalized, a thought buried in his heart quietly emerged, why was it himself? Why did you have such a dream?

Is there any destiny?

He looked at the morning glow in the sky, shook his head after a long time, and really couldn't understand what destiny there was.

Yu Xing drank the remaining coffee in one breath. Since he couldn't understand his own, let the selected companies face their destiny.

He went down to have a simple breakfast, then calmly took a rest for two hours, and when he woke up, he felt that his energy had recovered a lot, and the time was just right.

"Brother Xing, go for dinner." Zhong Zhiling called.

"You go, I've eaten it." Yu Xing pressed the voice-over and said casually, "I want to write something. You can eat it slowly. There is no need to hurry this morning. Zhenai.com shouldn't urge you."

The phone was hung up, and the notebook opened Focus Media's financial report last year and the second quarter Q2 financial report released in August.

Focus Media's capital market performance before this year was actually quite outstanding, and it was also the first Huaxia New Media Company to be included in the U.S. Nasdaq 100 Index. Its leader Jiang Nanchun has repeatedly promoted that it is second only to CCTV's media group.

Focus Media's stock price peaked in November last year, reaching US$65.1, with a market value of astonishingly close to US$8 billion. However, due to multiple factors this year, it has encountered another financial crisis recently. The stock price has fallen by more than 70%, and is currently hovering around US$20+. .

Yu Xing spoke with Liu Wanying last night and showed the reason for the sharp drop in the stock price, believing that from a human point of view, it is difficult to resist the desire to struggle under such circumstances.

It was nearly 8 billion yuan a year ago, but it was still US dollars, but now it is only US$2.5 billion. If you change yourself, you have to find a way to revitalize the stock price.

Of course, this reason from the perspective of people's hearts is only presented, and the governance of the company cannot be bound just like this.

Therefore, Yu Xing plans to use a stupid method to verify whether Focus Media’s core business is down-to-earth.

To put it bluntly, Focus Media is advertising. It installs LCD screens in many business buildings and apartment elevators across the country, and then plays advertisements from various brands on it.

Its Q2 financial report showed a total revenue of US$211 million, a year-on-year increase of 106.8%, and a net profit of US$36.13 million, while nearly 60% of the revenue came from the LCD screen advertising business.

At the same time, the LCD screen in Focus Media's financial report is 121,000 yuan.

This is the basic data of the core business that Yu Xing believes.

The stupid way he thought of was to check whether the number was true and whether it was waterless.

As for how to check...

Yu Xing planned to use his fingers to count.

121,000 billboards, right? I hired a total of 30 college students in each city. The average task is 4,033 yuan per person. I also asked to count them within a month, which is to count 134 screens every day.

The part-time salary of each college student is 5,000 yuan, and the labor cost is 150,000 yuan.

As for whether the numbers reported by each college student are accurate and whether his work is in place…

Errors are inevitable.

On the one hand, you can tell part-time college students that they have people who work the same job, and the numbers will be compared in the end. On the other hand, Yu Xing plans to ask someone to ask Focus Media about the number of screens in different cities in the name of advertising, pretending to consider the delivery effect.

Anyway, as long as the data is summarized and the error is eliminated, it should be easy to distinguish whether there is moisture. You can also use data obtained from various angles to make multi-dimensional comparisons.

If there are even problems with this basic data, the revenue in the financial report may not be matched or forged.

A lie always requires multiple lies to complete. As long as there is a problem with an important data, the subsequent financial report analysis will be left to professionals like Liu Wanying. If so, the basic data of this survey is fine…

Then come again in a year or two.

Flies do not bite seamless eggs.

The problem is that it is almost certain that this is a seam egg, but I don't know what stage it is.

Already have a seam? There are gaps? Ready to have a seam?

Anyway, it is the first one.

If you have a mind, you can't understand it, but it's unreasonable to cover up the loopholes. What's more, according to common sense, you probably wouldn't have thought that someone would be idle and calculating the 100,000-level figures clearly.

Yu Xing named this basic and important data research plan "Dingcham Spirit".

When the phone rang again, most of the documents on the notebook were completed.

Yu Xing didn't write it very clearly. As long as he could understand it, it just happened that Zhenai.com could find someone to work on this matter in the past three months.

However, he still sighed at the moment when he closed the notebook. Even if Focus Media has dropped by more than 70% of its stock price, its market value will be almost 20 billion to convert to Huaxia Coin...

No mistakes, one song, one content, one in 6, one book, one bar, one reading!

This size is like a mountain compared to an unbuilt mechanism.

Can it really be shaken?

It should be possible.

And, after passing this peak, there is still a peak.

On the way Yu Xing and Zhong Zhiling and others met, an inspiration suddenly flashed in their hearts and quickly sent a text message to Liu Wanying: The name of the organization is "Baoshanfeng". How about it?

Liu Wanying received the text message and thought about it, and replied: It's pretty good, very meaningful, very fierce, very cruel.

She sent a second text message: Are you sure there is something wrong with Focus Media?

Yu Xing replied: Just check it and you will know. There will be data at the latest at the end of the year. Let’s analyze it together to determine the outcome. In addition, it’s vicious?

Liu Wanying was a little strange: Isn’t it cruel to cross the mountain? Are you talking about King Cobra?

When Yu Xing saw this content, he quickly checked it with his mobile phone. The common name of King Glass Cobra is "crossing the mountain peak", "crossing the mountain wind", "crossing the mountain snake", and "crossing the mountain black"...

Well, it's really cruel!

But this seems to be quite consistent with shorting...

Could this be the destiny in the dark?

Even now, even the English name of the institution is - KingCobraResearch.

King Cobra Research or Shanfeng Research Company.

Yu Xing replied to Liu Wanying a long time later: Then let’s just say this name, how about it?

Liu Wanying: You are free to your company.

Yu Xing thought it was OK, but the meaning was still... it was pretty good.

If you have a company name, the first goal, and the research strategy, it depends on the launch of the remaining time in the second half of the year.

"Today we have two things, one is to determine the final investment and proportion, and the other is to determine the follow-up process with Zhenai.com." After Yu Xing met with everyone, he suppressed the viciousness in his heart and mentioned the serious matter in his hand. .

He asked the second and third leaders: "Did you discuss it last night?"

Lu Haiying and Zhong Zhiling looked at each other and replied firmly: "Senior Brother, let's make up for a 400,000 yuan."

Yu Xing smiled and said, "This is all in."

Excluding the fraction of the 2.635 million sold by the company, the two of them held a total of 15% of the shares and could get 390,000. Now they have 40 points. This is also filled in part of the salary saved from three months and made up the whole.

Lu Haiying nodded: "Yes, as long as the senior brother has no other plans, we will invest like this."

Yu Xing calculated silently and pondered, "Then I will take an integer, 1 million, and Liu Wanying's money will be calculated according to the investment after the shares of our company are clear. That's not urgent."

Song Yufeng's 120,000 was confirmed, that is, Bai Xiaosheng could raise 1.52 million yuan.

Yu Xing said at this time: "Zhenai.com acquires shares, and this money is subject to tax, but the transfer is made from Xiangjiang Company. It seems that withholding income tax is paid at a tax rate of 10%. Please ask Zhenai for details. On the other side of the Internet, this tax is made using the option share we set earlier. "

The shareholder of mainland Guiai.com is Xiangjiang Guiai.com. The talent options setting was 10% at the beginning, and it was just right for tax payments. Yu Xing did not intend to take advantage of this at this time.

Zhong Zhiling and Lu Haiying didn't expect this, and nodded one after another, and the senior brother was open-minded.

The current shareholding ratio has been initially clarified. If calculated based on the investment funds, Bai Xiaosheng Company sets up 10% options, and the total value of the company is 1.68889 million, Yu Xing holds 59.21% of the shares, and Lu Haiying and the two hold 23.68 shares in total. %, Song Yufeng holds 7.11% of the shares.

"Senior brother, as a director, I suggest that in addition to 10% of talent options, I will take out 10% as your motivation shares." Lu Haiying said at this time, "Zhiling and I have discussed it, and we are both sincere."

Yu Xing nodded slightly, not humble, and looked at Song Yufeng.

Song Yufeng said without hesitation: "Brother Xing, I absolutely have no objection!"

After this calculation, the total value of the company became 1.9 million, Yu Xing invested 1 million yuan to account for 52.63% of the shares, plus an additional 10% incentive, holding a total of 62.63% of the shares, while Lu Haiying and the others held a total of 21.05% of the shares, while Song Yufeng It becomes 6.32%.

"Okay, I accepted it, but, to be honest, I really let me take it all, and I feel bad." Yu Xing smiled, "Let's start a new start together, we must have a good start." , I collected this 10%, and then took out 2% from it to Xiaoying, 1.5% to Zhiling, and 0.5% to Brother Feng."

Seeing that all three of them were about to speak, he immediately said, "This is a small board of directors. I will only exercise the rights of the major shareholder once. This matter is decided."

Yu Xing believed that his junior brother and sister sincerely took out 10%, and did not think that he was not qualified to accept it, but things could be more beautiful.

Unlike Guiai.com, it starts in a hurry, it stimulates moving forward, it wants to sell itself, Bai Xiaosheng's project can last longer, and it can lay a better foundation from the beginning.

Zhong Zhiling and Lu Haiying looked at each other, understood the senior brother's intentions, and just took it away like Yu Xing had before.

Song Yufeng still wanted to give in a few words.

"Okay, Brother Feng is so kind, I won't give you this 0.5%." Yu Xing was willing to fulfill his character.

"Hey, hey, Brother Xing, I was wrong, I was wrong, I wanted it, I wanted it." Song Yufeng quickly pulled off his posture and quickly admitted his mistake.

Yu Xing said "um" and smiled, "Then I'll settle it."

In the end, he held 58.63% of the shares, Zhong Zhiling and Lu Haiying held 24.55% of the shares, and Song Yufeng held 6.82% of the shares.

The proportion is so certain that everyone is particularly happy.

Especially Song Yufeng, although according to the actual value of the money, this 0.5% is equivalent to 7,600 yuan. Although this is less than those two, it proves... it is no problem to follow Brother Xing!

Brother Xing ate meat in big mouthfuls and could drink a small sip of soup from the side, that's fine!

Song Yufeng now has a very energetic idea in his mind, and he must make the company bigger and stronger and create glory!

As long as you work hard, the shares in your hands will have higher and higher value!

For this, even if...even if you go in by yourself!

Song Yufeng was not idle all night. He found two value positions for himself. One was to surround Brother Xing and provide him with emotional value. The other was to stand up and take care of the company!

For personal gain, you must be the boss’s confidant, and for public gain, you must be the backbone of the company!

(End of this chapter)