Chapter 238 Large-scale Capital Entry

Chapter 238 Large-scale Capital Entry

Chapter 238 Large-scale Capital Entry

A week passed in the blink of an eye.

early morning.

In the courtyard with two entrances on the northern bank of Houhai, the air is cool.

The birds in the trees were chirping non-stop, and there were vendors hawking their wares along the streets, using loudspeakers to play music on a loop, selling steamed buns, dumplings, soy milk and the like.

Fan Wumian was applying some calamine lotion to the mosquito bites on his arms to relieve the itching. The effect was immediate and he said with satisfaction:
"Floral water and wind oil don't work, only calamine works. It's still a bit cold in the morning. I wish the temperature could be this comfortable during the military training."

"I'm afraid I'm a fool. I have a legitimate reason to ask for leave, so why should I torture myself?"

"You should have stopped me then. If I quit now, I'd be considered a deserter and people would laugh at me for not being able to endure hardship."

All I can say is that the scar has healed and the pain has been forgotten.

After many years, I wanted to experience the feeling of military training again, but I didn’t expect it to be hot and sunny for seven consecutive days.

From morning training to night, many people have a white layer of salt on their backs. They sweat too much and become exhausted. Some students even suffer from heatstroke and are completely exhausted and are taken away by ambulances.

Assistant Pu Jiajing refused to take the blame.

The boss was busy with military training at school, and she was almost on vacation recently. She was happy to watch the fun and said with a smile:
"At that time, I told you that it would be very tiring, and you said that you should take advantage of your youth to experience the vitality of youth. Anyway, you have so many things to do, so you just find a reason to take two days off to rest, and you will soon be exhausted."

Fan Wumian picked up the newspaper and shook it, then flipped through the entertainment section and continued:

"Forget it. I haven't been taking care of my body recently, so I'll just treat it as exercise to lose weight. I'm not some rich young master, so I can just hold on for a while."

"Have you noticed that there seem to be a lot of film and television projects launched recently, and there are also a lot of talent shows? Yesterday, the financial newspaper even used me as an example, saying that my annual income exceeds 90% of A-share listed companies, proving that the entertainment industry is very promising."

"There should be some connection between the two. Do they really think it's so easy to make money in the entertainment industry? Even online game companies, pharmaceutical companies and food companies have begun to cross over to grab jobs."

An article in the entertainment section counts the new film and television projects that have been recently released to the public.

The online game "Fantasy Westward Journey" is about to be adapted into a film and television series, and a pharmaceutical company announced that it has acquired a film and television company and is preparing to shoot a campus youth-themed TV series.

Fan Wumian had no impression of the names of these projects. It was obvious that they were influenced by him and the timeline was disrupted. One could also smell a hint of "capital starting to enter the market on a large scale" from it.

Considering that many financial media have mentioned his name prominently.

Fan Wumian couldn't help but suspect that others saw that it was too easy for him to make money, so they formed a group to join in the fun.

Investing in a movie has a chance to exceed 100% return in one or two years, and the gross profit of a TV series has a chance to reach around 30% or 40%. Compared with many traditional industries, these are already super high returns, and the threshold for entry is relatively low.

Many wealthy businessmen keep their heads down and make their fortunes quietly, thinking of not showing off their wealth.

On the other hand, Fan Wumian.

Since she is a celebrity and her style of doing things is quite high-profile, she is often singled out by financial journalists for comments.

Recently, a netizen in the forum even made a post speculating that with his total wealth, he has a chance to make it into the top 100 of this year's mainland rich list.

It has been less than a year since Fan Wumian made his official debut.

Such an exaggerated speed of making money is really scary, and naturally attracted the interest of many businessmen, who began to focus on the entertainment industry.

In order to save trouble, some wealthy businessmen directly acquired film and television production companies in a package. Even well-known entrepreneurs who raised pigs and sold sausages, as well as jelly snacks, followed suit and invested in some film projects.

This reminded Fan Wumian of the saying, "After a gas station becomes successful, open a gas station on the left and another on the right."

Capital begins to flow in, and even if the vast majority of investors fail, some good projects will always be successfully incubated.

This means that competition within the industry will become fierce, but there will also be opportunities to accelerate the expansion of the pie.

In Fan Wumian's view, it is both a good thing and a bad thing.

Assistant Pu Jiajing brought a bowl of beef porridge with egg and asked:
"There are so many people who want to cooperate with you and invest in you. Why don't you agree, boss? Is it because you are not short of money?"

Fan Wumian waved his hand and said:

“It’s annoying to work with others, especially those American investors. Once they hold a large stake, they will start to demand a say. One day in the future, even a founder like me might be kicked out by them.”

"For example, many Internet companies, daily necessities companies, clothing companies, etc., appear to be local brands, but in fact the equity is all in the hands of foreigners. In the end, they are just working hard for others."

"I don't think I have the ability to do that. I just want to guard my territory and be a local emperor behind closed doors. If the house collapses or goes out of business in the future, I can make a living by collecting rent or managing finances."

There are many people who want to send investment funds to Fan Wumian.

Especially after the success of "Those Years", some companies in Hong Kong, the United States, and even Singapore tried to contact him, but were all turned away.

Having enough money is only one aspect. The more crucial reason is fear of trouble. If you bring others into the shares, you will have to take responsibility and accept supervision from other shareholders, which will inevitably add a lot of troubles.

If he just wanted to make money, Fan Wumian would not need to get involved in the entertainment industry himself. He could just throw the projects out and let others take charge.

The reason for being a "model worker" is to have some fun. There is no need to introduce external funds to cause trouble for yourself.

After having breakfast of scrambled egg beef porridge with pickled mustard tuber, we took the bus out again.

On the way, he received a call.

The other party was the secretary of the Penguin Group, and asked politely:
"Hello, Mr. Fan. I'm sorry to bother you. I need to discuss something with you. Do you have time now?"

"You said, I'm on the bus to school for military training, and I just happen to be free."

"Oh, that's the situation. Since the company went public, the original shares have been released and can be traded on the market. Several original shareholders are planning to reduce their holdings, but they are worried about the impact on the company's stock price, so they would like to ask Mr. Fan if you are willing to take over."

"Which shareholders want to reduce their holdings, including Brother Teng?"

"Well, Chairman Ma plans to reduce his holdings by 1% of the total share capital. He has hardly touched his shares since the company went public. This time he plans to improve his life."

Penguin shares were only listed last year. A group of original shareholders hold shares but have little cash on hand. It is reasonable for them to use "improving their lives" as an excuse.

but.

Fan Wumian believes that the real reason for the reduction in holdings is mainly due to the recent surge in Penguin's stock price, which has skyrocketed from around 4 yuan in February and March to the recent 3 yuan.

It is estimated that these original shareholders and co-founders were unable to accurately predict the company's future potential and began to panic, so they wanted to lock in some of their profits and reduce their holdings to reduce risks.

Even if the stock price skyrocketed, the total market value of Penguin Group was only over 10 billion Hong Kong dollars, which was no different from the price of cabbage.

Fan Wumian was instantly seduced and asked:

"It will have an impact on the market. In other words, how much will be sold in total? At what price do they want to sell it?"

On the other side of the phone.

Secretary Dong said in a shrewd and capable voice:

"The shares will be transferred at the closing price on the trading day, which adds up to 2.2% of the total share capital, worth about HK$3 million. I will call you first today, and then I will notify important shareholders such as Citigroup, Goldman Sachs, and Morgan Stanley."

Thinking that if he continued to buy this batch of stocks, his shareholding in Penguin Group would exceed 10%, Fan Wumian immediately said:
"I'm a little tempted. You can notify others later. I need to count the cash I have to see if I have enough money."

"Okay, Mr. Fan, I'll tell Mr. Ma and the others."

After learning more details, Fan Wumian clearly felt that his blood pressure was soaring.

The opportunity to make money is right in front of you, but there are also troubles.

on the one hand.

The good news about Penguin Group in the short term has recently been digested by the market. At least from the current perspective, the stock price is a bit high.

In the long run, it will definitely rise, but in the short term, there is a high probability of fluctuations. If you acquire these shares through a bank mortgage loan, you may encounter some minor troubles.

on the other hand.

In recent months, he has been frantically pledging and mortgaged his assets. His personal debt ratio is already relatively high, and he has increased his holdings many times and drained away the cash in Fan Wumian's hands.

It will take another two or three months for the box office share of the movie "Those Years" to arrive, and the telecommunications operators have not yet paid the recent mobile phone ringtone dividends.

If he acquires these penguin stocks now, he will probably be taking them at a high price. After reaching this conclusion, Fan Wumian is still very tempted.

The reason is that he has always been successful and has attracted widespread attention from the outside world.

Fan Wumian thought it was a good idea to use a "failed investment" to throw dirty water on himself and alleviate people's hatred and resistance towards him because of the rich.

Anyway, it's just profit and loss on paper.

Even if there are large fluctuations in the short term, it will soon rise again.

The final payment for "A Quiet Place 2" has not been received yet, the box office share of "Those Years" has not been settled, and mobile phone ringtones are selling very well. Fan Wumian is not worried about the risk of the capital chain.

Until the military training began.

Fan Wumian was still struggling with whether he should take the initiative to suffer a loss. He was reluctant to pay more money, but at the same time he thought that sometimes it was not bad to take a step back.

In the past few months, he has been the first to stand out in the forest and has been easily shot down. It is clear that the hostility towards him in society is increasing.

There's no way. Fan Wumian is too famous and rich, and he's also very handsome.

Just like the pretty girls in school, it is easy to attract the envy, jealousy and hatred of others, and there are both many fans and haters.

It can basically be guessed that the Penguin stock price will most likely fall back, but it is unclear how much it will fall.

After repeated consideration, Fan Wumian decided to compromise and only increase his shareholding to 10%, and hold it as a fixed deposit for the long term in the future without further ado.

Besides.

He also wanted Penguin Group to create a social product similar to Weibo as soon as possible to advertise and promote its contracted artists and save some advertising costs for marketing and promotion.

Spending money on advertising in traditional media is not only expensive, but also has relatively poor results.

There are several students in the class who come from remote areas. They rarely access the Internet and don’t read newspapers. They have never heard of the new movie "Those Years".

(End of this chapter)