MTL - Rebirth in a Perfect Era

After Makino Motors Group made its debut with Makino Aurora, Makino Technology's listing of ipo in Hong Kong has reached the final stage.

Given that Hungry hasn't covered the whole country, the Makino Automobile Group has just been established, can't accurately measure the market value, and neither Android nor Apple has come up with anything truly innovative, so Li Mu is not prepared to package these companies into Makino Technology, Instead, first separate the two companies and use the main body of Makino Technology to list in Hong Kong.

At present, the valuation given by the underwriters is $ 320 billion, which is already the highest ipo valuation in the world.

Although many companies had a market value of more than US $ 500 billion at the peak, and even broke through trillions of US dollars, they all went public for a period of time, even a few years or ten years later.

Many large companies were still in the youth of a company at the beginning of ipo. They had potential, but they were not strong enough, so when they went public, they often only got a market value of several tens of billions of dollars in the ipo stage.

However, Makino technology is different.

Hamakino Technology is no longer a teenager. He is now a very large company with great market coverage and extremely high income. Although it has not yet reached its peak, it can also be regarded as being in its youth.

Therefore, the valuation model of the investment child is no longer applicable to him.

It's like a transfer fee for a star. A 17-year-old genius has a transfer fee of only a few million pounds, but this person may double ten times in five years. However, this is a matter of time, The field to witness.

The same is true for the company. When most of the companies were just listed, their business had not really taken off. They relied on the financing of the listed ipo and the rising market value to support the company's rapid business.

But, Makino Technology is now over.

Therefore, Li Mu's valuation of tens of billions of dollars, or even more than 300 billion US dollars, has been unable to satisfy Li Mu.

Because of Li Mu's view, the high global coverage and high payment rate of yy ecology in this era is already an anti-level existence. This alone is worth 400 billion US dollars.

Once any industry covers the world, you can get an x2, x3, or even x10 uff.

Alibaba's main revenues are all in the domestic market. Most of the major businesses of Taobao, Tmall, and Alibaba Cloud have their profits in China, so they have a market value of US $ 450 billion.

Amazon covers almost all places except Huaxia and has a market value of nearly one trillion US dollars. If the two companies merge, it will be a global e-commerce company and a global enterprise cloud service platform. When the anti-monopoly law is touched, its market value is by no means as simple as four to five trillion and one trillion. It may exceed two trillion or even more.

The faebook of later generations, like Amazon, failed to cover the Huaxia market, but also gained a market value of US $ 560 billion or even higher, while Tencent's main business was domestic, and it also gained a market value of US $ 450 billion.

The combined effect of these two companies may not even be comparable to the current Makino technology, because Makino ’s global coverage is almost monopolistic.

After the msn was completely cool, Li Mu did not suppress any instant messaging software products because he knew that the world is in full swing. Anyone who jumps out to compete with Makino Technology can only be in vain, without using himself. If he hits, he will drag himself to death.

So in Li Mu ’s view, the current market value of Makino ’s $ 320 billion is still slightly low overall.

What's more, Makino Technology is also a shareholder of Google and Baidu, which together have a market value of tens of billions of dollars.

Moreover, Makino Imaging's recent "Flying Tigers" has indeed achieved box office results that shook the world. Although a movie cannot explain that the next Makino Imaging can also be smooth sailing, but at least it is a very powerful addition.

So, the ideal market value of Li Mu must pass at least 450 billion yuan.

As for how much Makino's stock will skyrocket after listing, that's another thing.

In view of this, Li Mu and the broker's representative met again.

At the meeting, Li Mu put forward a request for an IPO of $ 450 billion in valuation.

The valuation is 450 billion US dollars. All shareholders diluted 10% of the shares in equal proportions to issue shares. A total of 1 billion shares were issued with a stock price of 45 US dollars.

的 The 45 billion US dollars raised will be used to enhance Makino ’s various investments at this stage, including R & D, marketing, cloud computing, and new business attempts.

The remaining $ 10 billion will be cashed out by shareholders in equal proportions.

Everyone has been guarding Makino Technology for a long time, and it is time to get a lot of money.

10 billion US dollars out of points, even if there is only one person who shares, can get 100 million US dollars.

Of course, the price is 1% of his shares, which needs to be diluted by 0.1%, leaving 0.9% after dilution.

If you are an executive with only 0.1% shares, you can get $ 10 million by diluting 0.01% this time.

This is the benefit of talking to the big brother.

I followed the big brother, catching a wave of ipo two or three years, a few points of shares, can achieve financial freedom.

I am not the right guy. After twenty or thirty years of hard work, there are many people who can't even afford a house.

As for the remaining shares in the hands of shareholders, they will be locked by agreement, and they will not be reduced in the secondary market or pledged in the primary market within the next two years.

In other words, even after Makino Technology went public, Li Mu still had more than 70% of his shares, but he could not sell them in the secondary market, he could not buy or sell, and he could not make a pledge loan in the primary market.

If the major shareholder does not sell the shares, it will give investors greater confidence.

大 If the major shareholders try their best to sell in the secondary market as soon as they go public, the stock price will collapse.

If the major shareholder has just listed, he has pledged his shares to the securities dealers and cashed in for his own enjoyment, and the stock price will not be maintained.

The major shareholder is like a garrison general in the city. If you want to give the generals and the people the belief that "people are in the city," everyone can fight against the enemy with the general.

The valuation of 450 billion U.S. dollars by several state-owned securities firms is somewhat frightening.

First, the price is too high;

Second, the risks are really high;

Third, I haven't worked on such a large-scale ipo.

When Ali was listed on the market that year, the scale of more than 200 billion IPOs was already a record-breaking. Now Makino Technology has opened directly at $ 450 billion, and the tone is too high.

Brokers want to hold such a large-scale ipo. First of all, they must be able to help Makino Technology raise 45 billion US dollars of funds. If it does not raise funds, it is purely nonsense.

However, Li Mu said to them, "Everyone, once you have inherited Makino ’s ipo at a scale of $ 450 billion, I believe that there will be a large number of customers looking for you to subscribe for Makino's stock. You think that the scale of $ 45 billion is very large. But the market response will surely make you realize that this is a very easy task. "

The person in charge of the lead underwriter was a little jealous, saying, "General Manager Li, I have done ipo for several years. The scale of fundraising of your company ipo is higher than the size of the companies I have done in the past two years. You Say I can't be nervous? "

牧 Li Mu laughed: "This is a good thing. Finally, I have the opportunity to do a big thing, much better than doing ipo for dozens of companies with a market value of several hundred million dollars and two or three billion Hong Kong dollars each year."

After a pause, Li Mu said, "To be honest, the bigger the ipo, the larger the big company, the more stable the performance after the listing. Those small companies that rely on the concept and the heat to rise up today, the stock price can skyrocket. 50%, tomorrow may drop 90% in one day! "

"A lot of companies have made it clear that they are listed for money, but there are still underwriters who will help them make ipo. If you miss such a big thing as Makino Technology ipo, you may never encounter such a big deal in the next 20 years. Project opportunity. "

The other person nodded gently and said, "The truth is indeed such a truth, but this price is indeed too much pressure for us ..."

Li Mu laughed: "The goldberg family behind HSBC in the UK has been rushing to pick up the ipo of Makino Technology. I have withdrawn the ipo from the US stocks. They still do not want to give up. The head of their family is still in Yanjing. I live in a hotel for more than half a year. I want to see him, but I just do n’t see him. There are two reasons. First, what they did with the guys on Wall Street was really disgusting to me. Second, , I aired him deliberately, until the day he said what I accepted. "

Speaking of this, Li Mu said: "Yes, this brother has always treated me with respect ~ www. ~ I also sent me a club in the Premier League, and I did not plan to give Makino Technology ipo no meat at all He eats, so for the time being, I want to share 10 billion US dollars from the $ 45 billion fundraising of ipo to him. If you think that your brokerage firms together, 35 billion yuan It's still a bit difficult, and we can talk again. I believe that even if the 45 billion yuan is given to the goldberg family, they will not hesitate to agree. "

牧 Li Mu said, looked at everyone, and said earnestly: "However, I want to tell everyone, why did I withdraw Makino Technology from the US stocks just because I don't want these big guys on Wall Street to enjoy this capital feast."

所以 "So, I want to put it in Hong Kong, because Hong Kong is an inalienable part of Huaxia anyway, and the listing of Makino Technology in Hong Kong is also considered to be a non-flowing farmland."

但是 "But if everyone thinks this piece of meat is too big to eat, cannot eat, and can't digest it, then I can only put this piece of meat in Hong Kong and let the crocodile of Wall Street eat it across the country."

"If that's the case, there will be no loss to Makino. I will still sacrifice 10% of the shares and raise 45 billion U.S. dollars. The only difference is who will help me raise this money, but for everyone here, This loss can be very great. Once you let the market see that you are not able to swallow large pieces of meat, or even to be able to swallow large pieces of meat at your doorstep, even companies that come to Hong Kong ipo will not Looking for you to be the lead underwriter, it is very likely that you will choose a British-funded or US-funded broker to do it, and then everyone will be instantly passive! "