Chapter 564 - 248: Having a Child with Song Yu
Chapter 564 - 248: Having a Child with Song Yu
Wanliu Capital’s equity structure remained quite simple after restructuring.
Jiang Banxia holds 69%, Li Yang holds 6%, the National Major Fund holds 5%, and 20% are circulating shares in the secondary market.
If Wanliu Capital’s total equity is ten billion, with an opening price of three hundred yuan, there would definitely be institutions willing to take on some chips and bet on Wanliu Capital’s future.
But in reality... Wanliu Capital’s total equity is one hundred billion, and the stock price is just three yuan.
Looks like they still want to spread out all the shares, giving everyone a piece.
Who would want to play this?
There are a ton of small investors, impossible to cleanse them all out; at such a low price, there’s no threshold for participation, you can buy a lot for just three hundred bucks, who knows how many base shares are out there.
For institutions looking to manipulate the stock, base shares are the scariest thing, as they could come out anytime and hurt you.
These are all learned from experience.
Wanliu Capital took on all the unfavorable factors.
Big float, low price, divergent equity.
There’s the Yang God and the Jiang God.
This lengthy Tieba forum name was mainly used for screening.
Currently, the Li Yang forum has a million followers and has even developed a Tieba culture.
But with so many people over there, it’s full of noise and interference.
Li Yang’s hardcore fans later created the Yang God forum, but soon it was flooded with three to four hundred thousand followers, and the information inside was a mess.
Eventually, under the guidance of veteran fans, the Yang God and Jiang God forum was registered.
The lengthy and awkward name successfully avoided being discovered by those people.
Even if it was found, with only twenty thousand followers, no one came to cause trouble, and it was mainly serious discussions.
Today, the pinned post’s title is: Brothers, should we go for it this time?
People here are very realistic; they mostly made money following Li Yang, some more, some less.
"Go for it, definitely! Just darn it, there’s no quota, even five hundred shares aren’t enough to fill the gap."
"Damn, I never traded stocks before, so I have no qualification for IPOs, not even five hundred shares."
"Yeah, I never even bought funds before, let alone a stock account, now I want to buy but don’t know where to start."
...
"Brothers, to be honest, this time isn’t really a good opportunity, based on last year’s performance, Wanliu Capital is indeed worth three hundred billion, but that’s basically the peak. This year Jiang God hasn’t done much trading, and especially with clearing more than three hundred billion in fund scale, the performance pressure is huge."
"So, are you going for it or not?"
"I’ll go for it, but I’m waiting for it to break the issue price first. This time there likely won’t be institutions willing to take over, the likelihood of breaking the issue price is high, as soon as it does, I’ll establish a position right away."
"To what extent will it break the issue price?"
"Who knows, it might fall to two yuan and fifty cents, maybe two yuan, or even one yuan something."
"Just tell us when you plan to buy."
"Two yuan and seventy! I’m not asking for much, just aim to earn 10% more than my brothers."
...
"Brothers, according to the reliable information I’ve received, the listing of Wanliu Capital might be canceled because too many people have given up purchasing, and no institution is supporting the bottom, with at least forty billion in shares that nobody is willing to take over."
"Damn! What kind of logic is this, I want to buy but can’t, others can sell but don’t want to. Where are they, where are they? I still have over a million bucks, give me all of them!"
"Brother, that’s over forty billion, even if everyone in this forum put up a million, we still couldn’t buy it all!"
"If we can’t buy it all, it can’t be listed?"
"The equity is already divided out, there must be someone taking over, right? If 20% of the shares have no takers, what’s the point of going public?"
...
"Latest news, points from Extreme Shadow Cars can be exchanged for equivalent shares, Wanliu Capital and Extreme Shadow Cars are directly playing their cards now."
"What the hell... does this mean I have to buy a car? My family already has three cars..."
"Those without channels should go buy a car, I thought it would be available on Wanliu Capital’s website, but unexpectedly, it’s through this channel."
"Didn’t they say there were no points for advance payments?"
"Now advance payments can directly be converted to full payments, and points are credited immediately. Unfortunately, the wealth management side is already closed for conversion."
"Sigh, now this effectively means the funds are at a discount... even 1.4 million can only invest 700,000, and unless the stock price doubles, it’s a loss."
"Brother, doesn’t that mean your car isn’t worth anything?"
"My family already has a car, what’s the use of buying an electric car? An electric car loses half its value once you buy it."
"Then why isn’t Extreme Shadow Cars seen in the second-hand market?"
"How many have been delivered so far? Just wait, there’ll be more... forget it, I’ll just buy in the secondary market, Wanliu Capital is sure to break the issue price, it’ll be cheaper after it breaks."
...
Even if some people believe in Li Yang, various reasons still lead their minds to make the most beneficial decisions for themselves.
In this forum, no one is picky, as long as nothing too offensive is said.
After all, everyone is just here to gather information, to gain profits.
As long as Li Yang can lead them to make money, Li Yang, who can lead them to make money, is a true idol.
...
Ning Hao is not included in this.
He’s been quite busy lately because he formed a team which successfully made it into the top 32 of the PlayerUnknown’s Battlegrounds Hundred City League.
Their team consists of four boosting players, each generally among the top 500 in the entire server for FPP.
Though they can’t compare to those top clubs, and the whole club lacks a methodical style, they reached the level of a first-rate team through sheer individual strength.
Unfortunately, they were eliminated in the top 24 and couldn’t advance further.
sjar