Chapter 684 It’s broken!
On June 2007, 6, Hong Kong time, the first generation iPhone was launched as scheduled.
Fan Wumian is very happy and is looking forward to the market's response, which will drive up Apple's stock price.
If we ignore the costs, based on his total holdings, every 1% increase in Apple's stock price can bring him about $1900 million in gross profit.
Based on the principal of US$1.7 million, a 1% stock price fluctuation is equivalent to an 11.1% return rate. As long as Apple’s stock price rises by 9%, the book profit can reach about double.
Because he was confident and had enough chips to bet, Fan Wumian made full use of the advantages of investing through leverage.
As for why only $1.7 million of capital was used for the bet, it was mainly because they were worried that it would cause too much noise and be calculated by Wall Street or other capital. If someone dumped the market or released bad news, causing Apple's stock price to plummet in a short period of time, the loss would be too great.
Apple's current influence is far from attracting everyone's attention, but Fan Wumian's behavior of shorting many companies and the subprime mortgage market has offended too many people invisibly, and he has to be on guard against others trying to trip him up.
If they lose a little bit of money, Fan Wumian will suffer a serious setback. I believe that many Wall Street institutions that he has targeted will be happy to spend money in exchange for a good mood, not to mention that on the premise that they are optimistic about Apple stocks, if the stock price is temporarily suppressed, they can increase their positions and earn extra profits.
Almost every book that teaches people how to invest mentions the principle of not putting all your eggs in one basket. Fan Wumian certainly had some concerns, so this time he only used part of the principal and increased leverage to go as far as possible.
Also the same day.
There was suddenly a storm on the Hong Kong Internet, mentioning that the new movie "Chrysanthemum Terrace" starring Jay Chou, which was released around the same time as "The Golden Eyes", did not perform well at the box office because Fan Wumian used his connections to suppress and reduce the number of screenings of "Chrysanthemum Terrace" in theaters.
As the news came out, the internet exploded instantly, especially some of Jay Chou's die-hard fans, who accused Fan Wumian of bullying others by abusing his power.
When he learned the news, Fan Wumian was still filming for the drama "The Youngest Son of a Chaebol Family". Many reporters came to interview him specifically, wanting to catch the hot news.
Fan Wumian was completely confused about this matter.
Even more panicked than him was Jay Chou, who posted several messages on Penguin Weibo, clarifying the matter and denouncing others for spreading rumors.
From the investors of "Chrysanthemum Terrace" to the director, producer, and other producers, they were all furious. They were afraid of offending Fan Wumian and thus affecting their own interests and future, so they rushed to clarify the matter as soon as possible.
The public relations department of Shanzeiwang Media quickly traced the cause and found out that it was a screenwriter from the "Chrysanthemum Terrace" crew. In order to obtain investment from outside, he put the blame for the unsatisfactory box office on Fan Wumian and refused to admit that the script he created was not exciting enough.
It was a rare opportunity to come across negative information about Fan Wumian, and countless media outlets and netizens worked together to make the matter a big deal.
In just one or two hours, many people including Jay Chou took turns to clarify and apologize, quickly suppressing the negative voices.
Don’t ask, if you do, everyone will be panicking.
Despite receiving support from a large number of netizens, the crew of "Chrysanthemum Terrace" really did not dare to seize the popularity for the sake of hype and risk their ability to continue in the circle.
lunch break.
Fan Wumian was eating a hamburger and said to Zhuang Muxi and Huang Shengyi who came to make a guest appearance in the RV:
"It's totally incomprehensible. The quality of The Golden Eyes is so high, and the box office in mainland China has slowly reached 3 million RMB. Why should I bully them?"
"The impact of the whole thing is not big, but the problems exposed are not small, which shows that keeping a low profile for such a long time has not worked, and there are still many people who resist me."
"I read a few Weibo posts, and people lined up to scold me. They were so happy to see someone else's misfortune."
"." Zhuang Muxi joked:
"Amien, are you really keeping a low profile? There's so much news about you, it's even more lively than when I was high-profile."
Huang Shengyi strongly agrees:
"Countless journalists rely on you as their boss for their livelihood. They only write about you all year round and never have to worry about not being able to submit their articles. It seems that no one has a higher exposure than you."
Due to his extremely successful career in the entertainment industry and his eye-catching celebrity status, most of the noise Fan Wumian made in the business world has also attracted widespread attention from the outside world.
He also knew that his plan of "keeping a low profile" had completely failed, as his fame had increased instead of decreased in recent years.
In the past, mainly young people paid attention to him, but now countless investors also regard Fan Wumian’s views as the "financial bible". He just accepted an interview with the "Global Times" two days ago, expressing his intention to lead Penguin Group to impact the "market value of one trillion Hong Kong dollars" in the next big trend.
It is true that success has attracted some ridicule, but the share price of Penguin Group still soared 8.1% in a single day, and the total market value suddenly increased by HK$40 billion. The latest market value has exceeded HK$550 billion.
The bubble of A-shares was burst by Fan Wumian and the authorities, but the bubble of Hong Kong stocks is still there.
Rather than a sharp rise in the share price of Penguin Group, Fan Wumian actually hopes to see a correction in the share price, so that he will have a reason to further increase his holdings in the name of repurchase and buy more Penguin shares from foreign capital.
There are still opportunities to increase positions.
By the time the subprime mortgage crisis really gets underway, Fan Wumian should have made a lot of money again. If he meets an unlucky guy who wants to "cash out at a high price", it will not be difficult for him to increase his shareholding to more than 50%.
With his help and advice, the company has already acquired projects such as "World of Warcraft" and Weibo. It is estimated that the ceiling of the Penguin Group will be further improved in the future.
For example, in April this year, Pony Ma followed his advice, borrowed $4 million and quietly bought 2.35% of Facebook shares from a Russian venture capital company, under the pretext of hedging the risks caused by incubating the international version of Penguin Weibo.
There is also the "Dungeon & Fighter" online game that Fan Wumian cooperated with Penguin Group. Its net profit in the first quarter of this year reached 1.27 million yuan. The net profit of "Emperor of the Wilderness" since its launch has also exceeded 7000 million yuan.
The online game market is not as profitable as imagined for now, but investing in other projects is not expensive. Last year, Gaode Maps, which had a market share of more than 50% in the mainland's pre-installed car navigation map market, is currently negotiating an acquisition with Penguin Group. Its goal is to get into taxi-hailing software, which can also be used on group buying platforms and food delivery platforms.
While others have yet to figure out what pancakes look like, Fan Wumian has already figured out what they will taste like in his mouth, thus saving himself countless detours.
Since the mainland doesn't care much about the issue of monopoly and only requires promoting the development of high-tech industries, providing enough high-paying jobs, paying taxes in full and assuming social responsibilities, then why is Fan Wumian being so polite?
Rather than having high-quality assets handed over to foreigners, or being taken advantage of by some new-age "compradors", he feels it would be better to eat the big cake himself. At least the benefits will not be wasted.
Once they have further gained sufficient strength, Fan Wumian believes that both paying taxes and supporting other industries will be negotiable. Even if it means making a loss by doing something truly meaningful, it is not impossible to talk.
After becoming famous, he lived a carefree life.
Silly Old Fan, who has not appeared in public for a long time, rarely comes to visit the crew.
Silly old Fan changed his car from a Mercedes-Benz to an old Rolls-Royce Silver Thor, which was bought when Fan Wumian bought the "I LOVE U" license plate. It had been in the garage for three or four months but was considered to be in the way, so he simply cleaned it up and gave it to this cheap dad to avoid being constantly criticized for the discord between father and son.
The second-hand car, which was worth less than a million yuan, was kept shiny by silly old Fan. After getting out of the car and seeing Fan Wumian, he said in a mysterious tone:
"It's bad! Something might have happened at the ancestral tomb. The master said there is a villain around me who is unlucky for me!"
".What?"
It has to be said that fortune tellers are the most suitable psychologists for Chinese people.
For a hundred or two hundred yuan, a fortune teller can talk about everything from the I Ching and gossip to fortune and feng shui, and the effect is quite good. The cost-effectiveness is far better than that of a psychologist who charges hundreds of yuan per hour.
If you feel depressed, melancholy and stressed, the psychologist will consider depression, while the fortune teller will say, "Your house has bad feng shui," or "It's no big deal, it's a hurdle in your destiny, I have a way to help you resolve it."
Even if there is nothing to blame, they can still talk about past lives and present lives. Even if they say that the position of the dining table, green plants, and fish tank at home is wrong, they will never accuse you of "it's your own problem." (End of this chapter)