Chapter 113: Indecent (6k)
The stock price tragedy of Fenzhong in the mountains has aroused media doubts and investigations about the company, which is destined to be an important news a year ago.
However, when Yu Xing worked normally and was habitually browsing his own website, he suddenly saw the words "Crossing the Mountains" in the title of the post. He was still a little dazed. He clicked "Bai Xiaosheng"?
He confirmed it once, Bai Xiaosheng, a new type of workplace social and topic platform for everyone to chat, compete, attack their boss, stumble on friends, and wish each other a happy new year.
Yu Xing clicked into the post with great interest and found that a user certified as a "Fenzhong Employee" was posting an anonymous post, wearing the name "Pikachu".
"SEC is going to investigate the company, and now it''s blood flowing!"
"Damn, the stock price will not continue to collapse tomorrow, will it?"
"I saw the boss going to a meeting with a dark face."
Because someone reprinted the news, the users of the comments knew the whole story, and many people were asking about something - can you buy at the bottom?
"Pikachu" replied: "I don''t know. The stock price fell 40% yesterday. It is logically a good price, but when it fell from $65 to $30 last year, some people said they bought the bottom, and when it fell to $25, some people went to buy the bottom, and this year it fell to $15, and there are still people buying the bottom, now... anyway, you can do whatever you want."
From 65 to 30, the decline exceeded 53%, and it was the end!
From 30 to 25, the decline exceeded 61%, and it was the end!
It fell to 15, with a drop of more than 76%. Is this the end, right? !
Suddenly I was shorted and the stock price has reached 8.1...
The financial crisis has had a great impact, and the domestic and foreign stock markets are wailing. Such a bottom-buying topic has attracted everyone''s empathy and heated discussions.
In addition to such discussions, there is someone talking about something - is it domestic? How much money did it make this time?
When Yu Xing saw this, he silently closed the web page.
Principal, principal, principal!
Accumulating principal is important before finding a second short target.
However, as long as you do a good job in Bai Xiaosheng, you will be accumulating your principal.
The short selling has not been fully settled yet. I don’t know if the subsequent SEC fines Fenzhong will be obtained. Ignore that. The preliminary estimate is that the "Fenzhong allocates" US$1 million to account for 10% of the shares and is valued at US$10 million.
If the B round can increase Bai Xiaosheng''s valuation to 30 million, this 10% of the "Fenzhong Appropriation" will naturally increase. At that time, other institutions will take over and leave the market, and the principal of shorting will be further enhanced.
This 1 million US dollars enters Baixiaosheng → Baixiaosheng can obtain development → Baixiaosheng''s Series B financing appreciation → 10% of the shares cashed out and left the scene → cross the mountain peak to get more available principal.
This cycle...
Yu Xing thought for a while, could this be the initial capital operation?
Dongdongdongdongdong.
The office door was knocked and Kong Huilin walked in with the documents.
"Brother Xing, I want to report to you the latest news." Kong Huilin''s name is the same as Song Yufeng.
Yu Xing said kindly in front of the chairman of Steel''s girlfriend: "Xiaolin, you said."
Kong Huilin nodded, reported: "Fenzhong Media was shorted by the mountain peak, and its stock price suffered heavy losses. This is it..."
Yu Xing was choked after taking a sip of water: "Cough cough cough, you, cough, cough..."
No, did you report the wrong report?
My place is Bai Xiaosheng’s president’s office, not the president’s office of Zhushanfeng!
Kong Huilin looked at him with concern.
"It''s okay, I''m drinking soon, you say, you say." Yu Xing took a breath.
"Oh, in this way, Fenzhong Media was shorted by Shanfeng, and the stock price suffered heavy losses, which gave the company an urgent need for performance." Kong Huilin said seriously, "I just saw a post from Fenzhong employees on the website, which mentioned the deployment of performance."
"Originally, our plan was to look for advertisements after the New Year, but now we have such an opportunity. If we go to Fenzhong to discuss advertisements, the price should be much more discounted."
"I have read the conclusion of the mountain peaks briefly. Fenzhong has more than 30% of the water, but if you leave out this more than 30% of the water, it still has great advertising value."
"It just so happens that we can negotiate more fiercely!"
Yu Xing hesitated: "Will kill me at this time? Cough, will you kill me more fiercely?"
Kong Huilin said naturally: "Yes, you have to be more ruthless at this time. No matter which company it is produced by users, our advertising effect can be achieved."
Yu Xing was slightly silent, how much should I eat this fish...
Although he had such a consideration before, it was a bit funny that he was suddenly brought up by Kong Huilin in person, which was the latest news from Baixiao Station.
Yu Xing coughed again: "Will this be a bit too much?"
Kong Huilin advised: "Brother Xing, don''t think this is taking advantage of others'' danger."
Yu Xing nodded gently: "Yeah..."
Kong Huilin continued: "Who asked Fenzhong to make a fake! Now it''s its normal price. It''s good if we didn''t post on the website to make a fake. Sister Ying believes that this topic doesn''t need to be pushed, just look at the user''s discussion naturally."
Yu Xing was a little surprised: "Have you discussed it?"
"Yes, I saw the news on the Penguin Portal last night. This Fenzhong must have made a fake." Kong Huilin said seriously, "But no matter what it is, we should maximize our interests. Shouldn''t that be?"
Yu Xing found it difficult to disagree: "Okay, Xiaolin, well, then let''s maximize it. Since you said that, try to determine a general idea before the New Year and give priority to discussing Shencheng. If the price can be in place, then determine the four cities of Beijing, Shanghai, Guangzhou and Shenzhen. Lin''an is not in a hurry."
Kong Huilin raised her head and stood up and left the office.
Finally, with the progress of the company''s financing, I also have room to play.
Kong Huilin came here because of her boyfriend, but she was unwilling to become an assistant role around him. Especially with Bai Xiaosheng''s development, she is more willing to achieve excellent results.
Yu Xing sat in the office and confirmed something, and some secrets were indeed only suitable for bringing them into the coffin.
I am not afraid of taking advantage of others, but I am afraid of taking advantage of others too much...
However, Yu Xing felt a little uncomfortable. Chang Haijie, the business manager of Fenzhong Media, came to Bai Xiaosheng after receiving the call from Kong Huilin.
At 2:30 p.m., Chang Haijie sat in the conference room and saw a young man pushing the door and walking in before he could say a few words.
"This is our Mr. Yu." Kong Huilin stood up to introduce.
Chang Haijie quickly shook hands and handed over the words of praise.
He had a brief understanding of Bai Xiaosheng''s company before, but he really found a lot of information, including founder Yu Xing, an entrepreneur with a medical background who once spoke at the Internet conference.
I am indeed young, and I feel very kind at first, and I am smiling on my face.
Chang Haijie sat down again and introduced the business to Yu Xing and Kong Huilin.
Because he knew that this was a company that had just been founded not long ago, the products he promoted were based on weekly units.
"Mr. Yu, Mr. Kong, we can play Bai Xiaosheng''s advertisements in major commercial centers in Shanghai. Wherever you go, there must be a screen of our Fenzhong Media."
"Our package has a very cost-effective performance. Each screen is broadcast for 5 seconds at a time and 60 times a day. It can definitely let users remember the name of your website."
"If you should say it or not, our website is also very distinctive. At that time, we will create an advertisement that matches the characteristics. When we go to work and get off work every day, the effect will be particularly good!"
Chang Haijie used a pen to write out the data of the package on paper. The price was 180,800 yuan in 5 seconds.
He observed the expressions of the two customers and was ready to provide alternative solutions up or down at any time.
Then, Chang Haijie looked at Mr. Yu and said with a smile.
"Get a discount, isn''t the number of screens in your company fake?"
Chang Haijie was caught off guard and felt his qi and blood surging in an instant. Can he chat in person?
It’s better to use this normal tone!
He took a breath and explained: "Recently, some colleagues have slandered us. Mr. Yu, our results in the industry have been well received over the years."
Yu Xing looked at the Fenzhong Manager in surprise and asked, "Didn''t your stock price fall by more than 40%? Can you get slandered to this extent?"
Chang Haijie: “…”
Kong Huilin reminded at the right time: "Mr. Chang, if you think about the name of our website, we are the well-informed Bai Xiaosheng."
Chang Haijie felt a little embarrassed, and he defended in a deep voice: "Mr. Yu, Mr. Kong, our company''s stock price has indeed been attacked by some malicious people, and the market is confused and short-sighted. These do not mean that we have made a falsification. I believe that we will be cleared up soon!"
Yu Xing nodded and asked again: "I see that there are reporters in Pengcheng who verify the number of screens you have in general, which can basically match the research on Shanfeng. How can this be explained?"
Chang Haijie sweats!
Is it really a Baixiaosheng’s original life?
I do know about this incident...
He looked at the two people in front of him and could only say firmly: "Fenzhong did not commit fraud!"
How can I not know whether you made a fraud?
Yu Xing sighed and asked, "Do you know whether you have made a falsification?"
He shook his head and stood up: "We don''t care whether you made a fraud or not. We just want a honest price. If you can''t make a quote based on facts, then you don''t have to waste your time today."
Chang Haijie rolled his eyes and stood up to stay: "Hey, Mr. Yu, Mr. Yu, please sit down, let''s talk, let''s talk, let''s talk, let''s be honest..."
He hesitated for a while and said, "The company has many things now, but our screens are arranged in major commercial buildings, which are all real. I believe that Mr. Yu and Mr. Kong also recognized our results and made phone calls. There was an event just before the New Year, so I will apply for it again. This price can be talked about."
Yu Xing did not pursue and attacked him repeatedly, but just made a request: "Mr. Chang, I believe that the media in Pengcheng is not a fool, so many Nasdaq investors are not a fool, and the SEC in the United States is not a fool, but even so, we are still willing to choose Fenzhong at such a juncture."
"What do you think is the reason?"
Chang Haijie was also a little puzzled: "Why?"
Yu Xing said seriously: "Because I have met you, Mr. Jiang. I admire him very much when I communicated with you at the Internet Conference in Jinling before."
Chang Haijie suddenly realized, no wonder...
"I also have his number on my phone, but one code is the same. I can''t find him because of this business. You list all the packages and apply for it. If you can do it, just forget it if it doesn''t." Yu Xing said directly.
Chang Haijie had no objection and listed the package and external quotations. The prices of Finnish Media’s four cities in Beijing, Shanghai, Guangzhou and Shenzhen are the same, 30 times a day, 30 seconds a day, 358,000 yuan a week, 228,000 yuan a week, and 106,800 yuan a week, 15 seconds a week, and 106,800 yuan a week.
60 times a day, 30 seconds a day, the price is 588,000 yuan a week, 351,800 yuan for 15 seconds, and 180,800 yuan for 5 seconds.
If the national statutory holiday occurs, the price will rise by 20% per week.
Kong Huilin looked at the package he wrote and said, "Mr. Chang, our company is looking for long-term cooperation business, because we are just starting out and have received a Series A financing, and we will also receive a Series B financing this year. Whether the effect is good or not determines the duration of our cooperation."
Chang Haijie put down his pen and said actively: "In my permissions, I can give you 15% off any package we choose."
"You have made a fake, it''s 15% off." Yu Xing did not forget to mention the fake and asked, "Which type of feedback from your customers is the most cost-effective?"
Chang Haijie pondered for a while: "Actually, 60 times a day, 15 seconds each time, the effect of this 351,800 package has always been very popular."
"Mr. Chang, how do you give discounts for those long-term customers?" Yu Xing smiled. "Look at our company, there are young people from top to bottom, and they speak and do things very happily. You just quote directly. If you can or not, don''t waste time."
Chang Haijie did not answer immediately.
Yu Xing turned his head and said to Kong Huilin, "Look, Mr. Chang hesitated, this means there is still room."
Chang Haijie smiled bitterly and said, "I''m not hesitating about this. No matter how I quote, Mr. Yu will still lower my price."
He has realized this.
"It''s not that you want to suppress your price, but that you still believe in you at critical moments." Yu Xing gave a step forward, "Fenzhong Media also needs performance, and we Baixiaosheng is a timely help."
Chang Haijie nodded in his heart. Indeed, he actually received the message since last night, and the above should try his best to confirm the customers.
He gritted his teeth and quoted: "Mr. Yu, I will make it clear at one time. If Bai Xiaosheng could sign a month before the New Year and sign a renewal contract of at least one year, I would have to apply for it. At most, I would have to give it a 25% discount, and there would be no more room!"
Yu Xing stretched out his hand and Kong Huilin handed the calculator.
35.18*0.85=29.903.
Yu Xing put down his calculator and nodded: "Okay, this price is OK."
Chang Haijie subconsciously smiled, and he really did what he said, it was very satisfying!
Yu Xing said fluently: "Then it will be 299,000 yuan, and then let''s calculate the price after removing the fake moisture."
Chang Haijie''s smile froze and he said dissatisfiedly: "Mr. Yu, you''re boring."
"You guys are fake." Yu Xing mentioned another sentence and said directly, "Just counting based on the number of real screens, the real screen is about 0.65, which is 0.65 of 29.9, 19435, and 19435. Remove the fraction of it, 190,000."
Chang Haijie spread his hands: "Mr. Yu, you can''t do this without you talking about business like this."
Yu Xing asked inquired: "Hey, no, is this wrong? Isn''t it calculated based on your real price? It''s not that I force you to fake it."
Chang Haijie shook his head: "Mr. Yu, it''s really not possible. Don''t speak so badly. We, Fenzhong, are the best in the industry."
"What do you mean to speak badly? I said this in front of Mr. Jiang, why did it be fake?" Yu Xingyi said righteously, "I don''t know how you calculate it internally. Now, this should be the real price, 190,000, Mr. Chang, you go back and apply."
Chang Haijie was finally forced to do something, his face turned red: "Mr. Yu! You don''t need to mention every sentence! I don''t have that bad memory!"
"Mr. Chang, don''t worry, this is not what I said, you are fake, but what Guo Shanfeng said." Yu Xing became gentle at this time, "You go back and mention our situation. To be honest, our A round financing valuation is almost 70 million. It is not only this year, but also requires advertising business all year round. I know that companies like you have different discounts for customers of different levels. I have read your financial reports and know your profit situation."
Chang Haijie stared at the young founder in front of him, and he couldn''t help but feel a little shocked. Can such a small workshop be worth so much?
However, customers at different levels do receive different treatments.
He took two deep breaths and finally fought back: "Since you have believed in Shanfeng, Mr. Yu, the financial report you read is meaningless."
Yu Xing was stunned for five seconds, you... make sense.
Chang Haijie put away his things and sighed, "Mr. Yu, you really can''t negotiate the price. It would be a waste of effort when I go back. Don''t think about taking advantage of the situation."
"If you don''t have it, just wait for the next time. The business will not be successful. It''s not that I don''t know you, Mr. Jiang." Yu Xing disagreed. "You go back and work hard and explain all aspects clearly. You just say that the current customers are very skeptical and you have to report the difficulties. It''s not that you fake it, it''s the company''s problem."
Chang Haijie had nothing to say.
Just as he was about to leave, he was suddenly stopped by the young founder.
"Mr. Chang, you''re here. Register an account on our website." Yu Xing said with a smile, "Don''t leave it alone."
Chang Haijie had a deeper understanding of the "smiling" on his face, and gave him a thumbs up helplessly. Registering an account was considered ending this visit to the customer.
When he returned to the company, Chang Haijie thought about it and felt that he could not raise such a price. 190,000 was equivalent to 54% off for customers, so he couldn''t apply.
At four o''clock in the afternoon, when he was about to talk to his leader about customer concerns, an extraordinary meeting was held.
No surprise, it’s still about taking the customer, but what is surprising is the trend of competitors.
- Some opponents claimed that as long as customers who invested more than 100 million yuan in Finnish Media in the past two years, they can directly receive a 50% discount on Finnish Media''s quotation!
This is undoubtedly to seize the leading customers while Fenzhong is questioned and falsified!
There was an uproar in the conference room. This is just a fall insult!
When this solemn meeting ended, Chang Haijie felt confident to make a offer, stopped the leader who was about to leave in a hurry and raised the situation from Bai Xiaosheng.
"190,000?" Vice President Peng Shubao cursed, but still felt relieved, "Give it to him! But just sign a half-year contract!"
Chang Haijie was both shocked and shocked, so he really gave it to him...
This is basically close to the quotation of competitors’ top customers!
"In the period before and after the New Year, I have been buying customers for more than 15% off this month, and then discussing. The company will give external performance in the near future." Peng Shubao said earnestly, "After spending this period of time, it will be easy to talk about later."
He patted his subordinates on the shoulder and hurriedly went to other meetings.
Chang Haijie stood there in a daze, shorted across the mountain peak, SEC investigated, and his opponent grabbed the top customers...
Difficult, too difficult!
He rubbed his face and realized the situation the company is facing now.
At five o''clock in the afternoon, Chang Haijie called Yu Xing directly to inform him of the latest news, and emphasized that this is the final price, and if it expires, there will definitely be no room for space.
He was afraid that the young man would still be unscrupulous in selling prices, so he repeatedly emphasized the bottom line.
"No problem, Mr. Chang, you come to the company tomorrow. Let''s sign the contract first. We will wait until everyone goes to work after the New Year before paying the money, and then investing in advertisements." Yu Xing agreed.
Chang Haijie said with a headache: "Why are you waiting for the New Year again? Don''t you attract customers now?"
"The New Year holiday is coming soon, who should I invest for? Moreover, the money from our Series A financing has not yet come in, and the institutions are on vacation, so I''m just waiting to get the money after the New Year." Yu Xing smiled and said, "If you have a contract in hand, don''t be afraid."
"Okay, then I''ll go to your company tomorrow." Chang Haijie agreed helplessly, and he could only deal with special moments.
"Your profits are so high, don''t be so discouraged. The gross profit margin is 65%, which is really enviable." Yu Xing said this and asked, "I see that our website has been talking about that mountain. Is your company good at it?"
Chang Haijie frowned and said, "No, I don''t know where it is. Alas, they are all rats and dare not stand in the sun."
Yu Xing really dared not stand in the sun, he only dared to stand in front of Fenzhong employees to raise a few words of reality.
Well, when will you have the chance to see Jiang Nanchun? It’s okay to stab him in front of you.
Fenzhong allocates funds, and then use the funds allocated by Fenzhong to buy Fenzhong''s products. If Fenzhong''s employees can also register more accounts on the website, it would be even better.
Yu Xing was in a very happy mood this day.
When he waited for another opening time in the evening, he looked at the stock price changes for half an hour and saw that Fenzhong''s stock price rebounded to $8.6, he still couldn''t help but call Liu Wanying.
"Fenzhong''s stock price has been raised. Are you not as much profit as yesterday?" Yu Xing was worried about Fenzhong''s funding, "Have you sold your options today?"
"Not yet, wait a little longer, it is normal to rebound. Jiang Nanchun has announced that he has repurchased the stock." Liu Wanying said calmly, "The remaining one has locked in profits. As long as its stock price is less than $10, the profit in this part will be higher than yesterday."
Yu Xing didn''t understand: "Didn''t its stock price rise?"
"Because the principal of this part is a call option with a lower exercise price, and a call option with a higher exercise price is bought, and it locks the difference between the option funds of the two options." Liu Wanying thought for a while and said directly, "You understand so much that as long as the stock price is less than $10, this locking reaches the upper limit of its profitability."
Yu Xing asked, "Is that more or less than yesterday?"
"It''s 30% more than yesterday." Liu Wanying replied.
Yu Xing said in surprise: "Why didn''t the principal of yesterday lock in this way? Then won''t you make more money?"
Liu Wanying said patiently: "This part of the lock-in strategy is the subscription price spread in the bear market. You are now looking at the decision with the results. Yesterday''s PUT can only break through $7.5, and you can get a profit higher than the subscription price spread in the bear market."
"It''s a pity that we don''t have more cards in our hands. We played all the cards before the opening. Fenzone rebounded at the lowest point of 7.8 yesterday. If we still have chips, we might be able to further break through its bottom line."
Seeing that there was no sound on the other end of the phone, she explained: "You should look at the email I sent you again. Fenzhong Media has fallen by 80% in the past year. Its implicit volatility is very high. Our news is more than ten hours since it opened."
"We only know what we can do, not what our opponents can do."
"Our principal is only a little bit compared to Fenzhong Media. If people like Chen Nanpeng have resources and energy, they communicate quickly with the SEC to reduce the impact, or have any activities such as a penalty agreement, it would be very dangerous to operate with too high risk."
"So, I only have a little CFD CFD, PUT is used to expect more declines, and subscription spreads are used to lock in the highest returns. When we have the principal that we can bear, it may be more radical."
Liu Wanying explained her thoughts, pursed her lips and asked, "Can you understand?"
"Yes!" Yu Xing said without hesitation, "Look at how far we can do, and also look at the opponent''s boundaries!"
Liu Wanying judged: "It''s fake."
Yu Xing is actually really capable. He touched the "mutty water" and crossed the river. The first survey of Muddy Waters must have confirmed that the report in his hand was true, but they did not make a stunt, and only made $6,000, which must be worried about the strange risks in the real world.
"You should check the email again." Liu Wanying gave advice.
Yu Xing agreed and shared today''s business cooperation with Fenzhong.
Liu Wanying said nothing after listening to it.
Finally, she said, "Boss Yu, protect yourself, you will really be stabbed."
(This chapter ends)