America's Road To Wealth Chapter 496

  Since the game between the New York Giants and the New England Patriots in Boston.

   On the surface, New York is as prosperous and stable as ever.

   In the dark, there is a terrible wave, which is already churning and surging.

   Possesses a mighty flood of time, but doesn't care about the dust and turmoil of these mundane things. He flows forward as always.

   June 20, 2002 arrived.

   This day happens to be the first week after the release of Pixar's latest animated film "The Incredibles".

  It is also the first work released by Pixar after becoming a subsidiary of Smith Media.

   "The Incredibles" was released for a week, raking in $180 million.

   Compared with Pixar's previous works, "The Incredibles" can be described as an anomaly.

   First of all, the protagonists of previous Pixar movies are all non-human, such as toys, insects, monsters and small fish.

  The hero of "The Incredibles" is human.

   More importantly, unlike Pixar's previous films, the audience for "The Incredibles" is no longer just children, but also adults.

   Some experts explained that this is also Pixar's helpless move.

  Because after becoming a subsidiary of Smith Media, it can no longer continue to shoot its famous IPs, such as "Toy Story" and the like.

  Those IPs are the works of the former Pixar and Disney cooperation, and the two parties shared the copyright.

   Today Pixar is a subsidiary of Smith Media.

  Disney doesn't allow it, Pixar can't shoot them.

   For this reason, Pixar can only create new IPs and new profitable series of animated films for the new boss.

   "The Incredibles" is this type, and it seems to be very successful so far.

  This animated film has already caused a sensation in the film market, word of mouth is rapidly fermenting, and the tide of movie viewing is being staged across the United States.

   Hasbro toy company, became one of the most direct beneficiaries of this movie.

   This is the largest toy company in the United States, and even the world.

  It has been acquired by Smith Media at the beginning of this year at a price of about 2 billion US dollars.

   For this reason, Harvey Weinstein, known as the "Smith Hound" in Hollywood, has been busy for more than half a year.

  After becoming a subsidiary of Smith Media, a series of IPs belonging to Smith Media appeared in Hasbro's specialty store.

  Like Marvel series, Dark Horse series and so on.

  The box office explosion of "The Incredibles" made the customer flow of Hasbro's specialty stores higher and higher day by day. The great enthusiasm of the Americans was indirectly converted into an increase in revenue.

  The revenue of these subsidiaries is converted into an increase in the stock price of Smith Media, which is about to be listed.

  The time for Smith Media to go public is coming.

   This day is Monday.

   Today is Smith Media, holding the last press conference before going public.

  The IPO price of Smith Media will be officially determined, and it will be listed on the New York Stock Exchange tomorrow to officially start trading.

   On this day, before the press conference.

   Has made a name for himself in Hollywood.

   It is called "Hollywood's sweetheart chocolate" by the American media.

   Or bolder, just Jessica Alba of "Smith's Sweetheart Chocolate."

  At the moment, she is feeding the cat in the living room of her mansion at 357 West 17th Street in Lower Manhattan, New York.

   This is a 6-story, 5-bedroom, 12.5-bath street-facing townhouse.

  Indoor area of ​​11,000 square feet, located in Manhattan's Chelsea Street.

   Jessica, who is on vacation, enjoys this kind of leisurely and luxurious life. Even if she frequently tells Abel to be more thrifty and extravagant when she is not at home, she is willing to do all the housework by herself.

  In the house, there are still a lot of servants, all of whom are the most professional domestic workers in the world.

  Just their monthly wages add up to almost $150,000.

   At the same time, even when she was filming, she was not here in New York.

  Manhattan's fifth avenue and seventh avenue, the dazzling array of luxury brand stores, still send a lot of their new products to this house regularly every month.

   There is also a chef from a Michelin star hotel, who is always on call to serve her.

  She is out filming, or when she has business activities.

  The best security companies in the world will provide her with security services for at least 5 people.

   She said it was unnecessary, but in fact, she was not immune to these ostentations, and she was dependent on them.

  She also hoped that the pomp could be bigger.

  The TV was on, and Jessica, who was stroking the cat, was holding a thick prospectus with 127 pages in total.

  The cover was the 'Smith Media Group IPO Prospectus', and she read it intently.

  It is nine o'clock in the morning, and AMC Bloomberg TV is broadcasting the financial column "American Finance", and the screen is fixed on Derek Wright, the spokesperson of Smith Media.

  Mr. Wright now holds two positions. He is the president of CAA, but he is also one of the spokespersons of Smith Media.

  As the first company that Abel Smith started, CAA has once again become the world's number one brokerage company.

   And it has successfully opened up several other markets outside of the entertainment industry.

  For example, in terms of making money, it is not inferior to commercial sports in the entertainment industry, and high-end art brokers.

  Although it has not been listed yet, the current CAA is undoubtedly stronger than in the past.

   On the TV screen, Derek Wright is live broadcasting the prospectus about the listing of Smith Media:

  "Smith Media Group has a total issuance of 1 billion shares, and the total share capital issued this time accounts for 20% of the pre-listing share capital.

  The highest issue price is: US$55/share,

  Stock symbol: SMG.US.

  The raised funds are 11 billion US dollars, about 30% are used for mergers and acquisitions, 60% are used for the expansion of overseas group business, and 10% are used for working capital and general corporate purposes. "

  According to the current stock issue price, the market value of Smith Media is an astonishing $55 billion.

  The original net assets are about 35 billion US dollars, so employees and investors who currently hold the original shares of Smith Media can increase the value of their stocks by at least 75%.

  Tomorrow, Smith Media will officially land on the New York Stock Exchange. The stock price trend is currently looking wildly optimistic across the United States.

   Jessica hasn't studied the stock market for a long time, well, she hasn't actually studied it.

  Now she has someone to help her handle everything properly. She can get whatever she wants, and it is the most expensive and the best.

   Even when there is a physical need, as long as you take a plane to find Abel, you can be satisfied to the point of being full.

   She lacks nothing but love.

  As for love, in her precocious opinion, it is just a manifestation of hormone changes in animals like humans.

   When love comes, it is the crazy secretion of dopamine and other hormones

  When you are tired and stop loving, it means that the ability to secrete dopamine and other hormones has faded.

  She has everything she needs, the only remaining hobby is acting, and the feeling of being watched by everyone.

  She like this is not a top student like Anne Hathaway.

  She has no interest in learning things, and she lacks financial knowledge, so she can't predict the trading situation of Smith Media's stock price after it goes public.

   But Jessica believes that on the day of listing, she will not encounter the embarrassment of a break.

   You must know that the listing of Smith Media has been crazily hyped for several months.

  Some irresponsible tabloids even clamored that its market value should be at least 200 billion US dollars.

   Also said that "the company with Smith is so valuable".

  In March this year, Asbury Motors was listed on the New York Stock Exchange with an issue price of US$16.5. On the day of listing, it immediately broke. Their opening price was US$15.95, a decrease of 3.12%, and the closing price was US$15.79, a one-day decrease of 3.84%.

  There are many reasons for the breakout. The main reason is that the stock price deviates from the company's normal profit level, and the issue price is forced up, so the market shows a pessimistic trend.

  Smith Media does not have the adverse factors of breaking the stock market. The New York Stock Exchange has established an IPO inquiry system. On May 20, Smith Media has released the application version of the prospectus.

  The listing roadshow lasted for nearly a month, and has been promoting Smith Media stock to investment institutions around the world. In New York alone, it attracted 376,000 retail investors queuing up to subscribe.

  The share capital issued this time is 20%, and the price range is US$50-55.

  In view of the excessive enthusiasm of investors, there were originally four underwriters, which were subsequently increased to nine, and finally eleven.

  The number of subscriptions for new shares has exceeded 30 times, and the market has given Smith Media sufficient confidence.

   It is said that film is a notoriously high-risk industry, and Wall Street financial institutions even exclude film companies from their lending list.

  But Smith Media is a group company. In addition to the film company, there are also TV stations, toy companies, model companies, newspaper companies, publishing companies, and even commercial sports companies.

  Its profit direction and profitability are very broad and powerful.

   is a media brand that already has a huge reputation in the world.

  Movies are just one of its many businesses, and this kind of pan-entertainment diversified operation directly dispels investors' concerns.

   More importantly, Smith Media also owns the two gold-lettered signs that are most recognized by investors all over the world—Smith.

  The other is Buffett.

  The little-known Tesla car, just because of the names of these two people, the valuation has inflated wildly to an exaggerated level.

  Although it is related to its industry, it is a high-tech concept after all.

   But without the value of Smith and Buffett, it would be worth more than a billion dollars at most.

  As for Smith Media, Smith even has Smith in its name, so it can be said that gold cannot be gold.

   What's more, Mr. Buffett is also one of the shareholders.

  Just like those tabloids said, the English word "Smith" is worth at least 20 billion US dollars.

  In the financial market, whether it is stocks, futures or foreign exchange, in the final analysis, the essence of the game is confidence.

  Buffett and Smith can bring confidence to investors.

  The things they recognize are so valuable.

  In fact, even Smith Media did not use the name of Abel to go public.

   Investors will probably still favor it.

   Just look through the financial statements of various projects and sectors of Smith Media.

  Since the middle of last year, except for investment, there is no word for loss at all, and almost all businesses are making profits.

   In terms of movies, "Spiderman", "Kick-Ass", "The Incredibles" and so on, with a global box office of nearly 5 billion US dollars, have begun to encroach on the throne of the world's number one film company.

   In terms of TV stations, AMC TV Network is now the fifth largest TV network in the United States outside of News Corporation.

  The TV dramas, reality show variety shows, and talk shows produced by    all have amazing ratings. On the sub-lists of the national ratings rankings, the AMC TV network is crazy on the list.

   In terms of newspapers, Smith Media has also become one of the top five newspaper groups in the United States, and the performance of the publishing company is also very good.

   In terms of toys and peripherals, even a giant like Hasbro has been acquired and annexed. No one can stop Smith from advancing in this field.

   There is also commercial sports. Smith Sports is now also a subsidiary of Smith Media. This is a commercial sports giant that involves football, basketball, baseball, rugby, F1 racing, etc.

   What's more, there is an Elizabeth's back garden.

   The latest market valuation of Isha has almost exceeded 10 billion US dollars.

  Although this is a bit false, it is also a subsidiary of Smith Media.

  Even if you don't consider the golden signboard of Abel Smith.

   There is no doubt that Smith Media is also a favorite among listed companies. It has too many places worth imagining and punctuating. Its future does not look bright, but brilliant.

   After reading the prospectus, Jessica's eyes fell on the list of shareholders at the end.

  She couldn't help but calculate how much value Smith Media could bring to Abel after going public

   And her own private money.

  Abel applied for a black card for her, after he became the owner of American Express.

  The black card in her hand is already so easy that even a private jet can be swiped...

   But that's not her money, she has less than $100 million in deposits.

  These deposits are all her salary.

  But counting her shares in Smith Media, she is definitely a billionaire.

   Yes, she has shares in Smith Media.

   In fact, it was her, Anne Hathaway, even Liv Tyler, Scarlett, and Nicole Kidman.

  Compared with those managers who need to spend money to buy original shares, the shares they get don't even cost them money.

   But there is a condition, that is, they are not the real holders of these shares.

  The owners of these shares have long signed contracts and deeds, which are their future and Abel's children's things...

   But before the children grow up and turn 18.

  They can always enjoy the dividends and all corresponding rights brought by these stocks.

  At this moment, Jessica looked at the prospectus, and the list of shareholders showed:

  The total share capital of Smith Media is 1 billion shares.

  The major shareholder is Abel Smith, with a shareholding ratio of 65.24% and a shareholding of 652.4 million shares.

  Based on the calculation of US$55 per share, the listing of Smith Media can bring Abel a worth of US$35.8 billion.

   Just this number is enough to make him ranked third in last year's list of the world's richest people.

   The second place is Bill Gates with more than 60 billion US dollars. It goes without saying who is the first.

  Jessica holds 1% of the shares on behalf of her, worth 550 million US dollars.

  She looked at Anne and Charlize again, Anne's shareholding ratio was about the same as hers.

   But Charlize is different. This woman holds 1.8% of the shares, a total of 18 million shares, worth 944 million US dollars.

  Is this the difference between having a baby and not having a baby?

   Jessica thought of this rather depressingly, but she was also glad that Anne was the same as herself.

   It's not actually her and Annie, who don't want to have a baby for Abel yet.

  Last year, the two even went to Europe in person, just to try their best.

   But after accepting so many seeds, the stomachs of both of them were still indifferent.

   Jessica couldn't bear it anymore and went to the hospital for an examination.

  The result of the examination was that there was a little problem with her body. She had a little genetic ovarian syndrome.

  This disease is born, 10% of women will have it, some are severe and some are mild.

  Slight, it just makes it harder for women to conceive. Seriously, it can even make women infertile.

  Jessica is moderate and needs treatment, but not a major problem.

  Later she heard that Annie also went for a checkup, and there was nothing wrong with her body.

  The reason why she wasn't pregnant was that Annie didn't want to have a baby so early and was taking medicine. The latter is really a matter of probability.

   Jessica continued to watch.

  Smith Media's second largest shareholder was originally Buffett. The old man accounts for 4.46% of the shares, with a total of 44.6 million shares and a value of 2.612 billion US dollars.

  However, Bloomberg, behind Bloomberg, bought a stake in Bloomberg's TV station, accounting for 4.87% of the shares, squeezing Buffett down.

   Behind them, there are a lot of Wall Street giants.

   Like Goldman Sachs, Merrill Lynch, Bear Stearns, Lehman Brothers, JPMorgan Chase, etc., there are dozens of them.

  The shareholding ratio is mostly very low, and the highest JPMorgan Chase is only 1.5%, which is even less than Charlize Theron.

  Since Smith Media started its roadshow, capital institutions in the United States and Europe have been extremely fierce.

  Especially Wall Street, can't wait to buy short all the equity issued by Smith Media.

   But the proportion of this public offering is only 20%, and the controlling stake they can increase is limited.

  The pursuit of capital is quite active. When Smith Media is officially listed, the shareholding structure will definitely continue to change.

   Excluding large investors and institutions.

  Currently, the number of shareholders of Smith Media has exceeded 2,000.

   Among them, the original shareholders of the companies that Smith Media annexed and acquired along the way accounted for more than half, such as Don Graham of the Washington Post.

   At the time of acquisition, these people don't want cash, they just want to exchange shares for shares.

   In order to grow, Smith Media replaced many stocks.

  Including those of Bloomberg, it is actually this model.

  Not counting big heads like Don Graham and Bloomberg, the slightly smaller retail investors have a combined shareholding ratio of about 11%.

  Smith Media's internal management has more than 100 people holding shares, and the holding ratio is 5%.

  Jessica specifically browsed the 5% shareholders.

   There are more than a dozen management members who are expected to become billionaires, and they are all executives without exception. They hold a total of 3% of the shares.

   There are more than 30 elites who can become multi-millionaires. Most of them are middle and high-level managers of the company, and they hold 1% of the shares in total.

  As for millionaires, as long as they hold shares, they can get involved.

   Judging from the issue price, 1% of Smith Media's shares are worth 550 million US dollars. On average, it is enough to give birth to 550 millionaires.

  It is now shared by more than 80 people, each with more than 6 million US dollars.

  If it goes on the market, the price can increase by more than 40%.

   Even with these people, they can become multi-millionaires.

  So many people say that Smith Media's listing this time is essentially an operation to create wealth.

  If the stock price of Smith Media continues to rise in the future, the wealth of these shareholders will continue to grow like a snowball.

   Jessica read the prospectus in detail, and it was already noon.

  Her housekeeper just asked a Michelin-starred chef to arrange lunch.

  Abel took Annie and suddenly arrived at 357 West 17th Street in Lower Manhattan, New York.

   is where Jessica lives.

  When Jessica greeted her happily, she wanted to show her love to Abel coquettishly in front of Anne.

  She saw Anne Hathaway triumphantly waving at her an A4 paper full of patterns and text, which roughly looked like a checklist.

   Before Jessica could see it clearly, she heard her biggest competitor in the past, proudly showing off to her:

"Hey, Jessica. Look at this, see? I'm pregnant, almost two weeks! Hey! This time next year, I'll be a mom! God, I'm not even 20 years old, I'm going to be a mom Mom. It's an incredible thing, and it's so wonderful to think about!”

  Annie spoke for a long time, and Jessica's head was buzzing.

  Now she can't wait to go forward and slap Anne Hathaway's smug face hard.

   So annoying!

Chapter end