The richest man starts with a blind box

Chapter 1131 Here Comes a Black Swan
If the final closing price is 48 yuan per share, the total market value has reached 4 billion US dollars. Although this price is still broken, in the eyes of the entire Wall Street, OO Network still handed in a very perfect answer.

After all, the U.S. stock market is not as good as China's stock market. China's stock market is that as long as you dare to go public, you dare to go up the limit on the day of listing, and then there is a continuous increase in the limit. Down.

This is not to say that Huaxia's stockholders are generally SB and like chasing new ones so much, but it is determined by Huaxia's stock market rules.

Huaxia's consistent philosophy for stock listing is to focus on stability and focus on shareholders. Therefore, the pricing power of a company's listing is generally not in the hands of the company itself, but in the hands of the relevant management agencies.

And when setting prices, the management agency will try every means to lower the listing price, so as to ensure that there will be no situation where the listing will break on the day of listing.This is to prevent a large number of fake listed companies from using this method to deceive ordinary users and cut leeks wantonly.

This also led to the general underestimation of the listed prices of Huaxia stocks, so financial institutions have a high desire to acquire them. As long as the stocks are listed, they will buy a large number of them, which in turn leads to a situation where all stocks will be yanked by N daily limit boards when they are listed.

This is also the reason why many large domestic companies do not like to be listed on the A-share market. For example, a certain penguin and a certain camel are both listed on the Hong Kong stock market.

First of all, it must be because of the strict supervision of Huaxia stock market, which makes it difficult for these companies to play some fancy financial methods to make money.

The second is that the listing price is generally low, which leads to the fact that a company’s A-share listing may only obtain half of the financing obtained from Hong Kong stocks. In this case, only fools are willing to list on A-shares. Go to the Hong Kong stock market or the US stock market to go public.

On the contrary, the US stock market has very loose regulation on the listing price. For example, OO Network can actually set a price of 50 US dollars for listing. It was miraculously successful.

However, the people of the United States are not fools, which caused many stocks to break out on the day of listing, and some stocks even fell below 50% on the same day, which formed a spectacle of completely different new stock offerings in the two countries.

Therefore, many financial institutions predicted that OO Network would fall below $40 on the day of listing, even if it fell to $30, it is understandable, but now it has come up with a score of $48. This is definitely an extraordinary record and a huge achievement. If it is successful, a large-scale celebration party can be held that night, and celebrities will be invited to toast together to celebrate.

Because this stock price should be the value of OO Network recognized by all users. Unless there is a major positive or negative trend in the future, or the collapse of the entire market, the stock price of OO Network will not undergo large-scale changes, and it will always be at 48. It is the opinion of most financial people that the price of the US dollar fluctuates repeatedly.

That's what everyone thought the hour before the stock market closed.

But no one expected that on such a day, an astonishing news suddenly swept through the entire Wall Street in an instant, that is, Shell released its third quarter financial report.

It is not uncommon for Shell to release its third-quarter financial report itself. After all, all companies must publish their financial reports on time, but Shell's third-quarter financial report is very abnormal, which has attracted a lot of attention from everyone. As soon as it is announced, get it in your hands and read it for analysis.

Because the delay in the third quarter financial report is too long.

Everyone knows with their butts that since it is the third quarter financial report, it should be announced in the fourth quarter of course.

According to the Nasdaq system, taking into account the employees who need to calculate and coordinate various data, the financial report of the previous quarter is generally announced in the second month of the next quarter.

In other words, the financial report for the third quarter, that is, from July to September, should be announced in November of that year. Whether it is November 7 or November 9, as long as it is announced within this period, there will be no problem.

However, even on December 12st, Shell has never announced its third quarter financial report. It explained to the public that there was a problem with its financial system, which led to the loss of some financial data.

At the same time, the business in the Middle East is also in various degrees of trouble, and the settlement of financial data with many governments has never been completed. This has led to the inability to calculate the financial report for the third quarter. I hope you will give it another month or something.

Well, many companies do occasionally encounter financial reports that cannot be counted due to various reasons, so generally as long as they apply to the relevant management agencies, they can get a certain degree of understanding and tolerance.

The U.S. Securities and Exchange Regulatory Commission has indeed approved Shell's application for financial reporting delay, but the delay is only one month, that is, the financial report must be produced before January 2008, 1 at the latest.

And throughout December, Shell was still unable to come up with the financial report for the third quarter, so that it was delayed until January 12, 2008, which is the first quarter of 1, and there was still no result.

This caused many Shell shareholders and investors to express serious dissatisfaction, and made a large number of complaints. The US Securities and Exchange Regulatory Commission could not tolerate such naked delays, so the Supervisory Committee directly reported to Shell on January 1. The company issued a stern letter, requiring the other party to announce the financial report immediately within three days, otherwise the other party's stock will be set as an abnormal state, the trading of the other company's stock will be restricted, and then Shell will be investigated to comprehensively check Shell's financials. Is there a problem with the data.

Under such circumstances, it is naturally impossible for Shell to delay any longer. It was also on January 2008, 1, which is the day when OO Network went public. One hour before the deadline, Shell finally released the This long overdue third quarter earnings report.

It can be seen that Shell's timing is very accurate.

First of all, one hour before the final closing of the market, users will no longer pay attention to the market at this point, so the impact will be relatively small.

At least for retail investors, the vast majority of retail investors who bought Shell stocks have a hard time seeing this financial report within this hour, and now there are no various circles of friends and social software that allow you to Be the first to know about some big financial changes right from your phone.

By the time retail investors see this financial report, it may already be after the market closes.

Another point is that the OO network was listed on this day. Later, some people analyzed that Shell actually deliberately tried to delay until January 1th, and released the financial report on the day of the OO network listing.

Because everyone will focus on OO Network on this day, and will not pay attention to such an old company as Shell.Secondly, Shell believes that the stock price of OO Network is flashy, and it will definitely fall below around $40, or even fall to the level of $30.

Shell also knows that recently OO Network has been trying its best to catch the popularity of its own company, saying that OO Network is a company second only to Shell in terms of profitability. If the company's stock price plummets, it can prove Shell's higher investment from the side. value.

Finally, and most importantly, if the price of OO Network plummets from US$50 to US$30, it will attract the firepower of various media to a great extent, and all the news will be attracted to OO Network. The financial report for the third quarter will not be so eye-catching, and the influence will be much smaller. Last but not least, the decline will be much lower.

It's as if an Indian appears on Huaxia Street, everyone will point out that this person is dark, and all attention will be focused on the Indian.

But if a black African appears at this time, and this guy is obviously darker, then the focus of everyone will be on the black instead, and the attention to the Indians will not be so high, which will make it easier for the Indians to escape.

That's almost what it means. Shell is determined to use the OO network as a shield to dilute the impact.

However, Shell did not calculate after all its calculations. OO Network unexpectedly announced two major good news temporarily. This caused OO Network to not fall below $40 as it had guessed, but maintained its stock price at $48. The market instead Kudos to OO Network.

This makes Shell's management extremely anxious, but there is nothing to do. After all, the 4th is the deadline. Announced the third quarter financial report on the same day.

Ever since, thinking that if OO Network can hold the stock price of 48 US dollars, it will also be a hot news, which can help it attract firepower, so Shell bit the bullet and released the third quarter financial report, and then it exploded in an instant.

The content of this financial report is very simple. It is to tell everyone that Shell Oil did not make any money in the third quarter of 2007, and even lost money.

So how much money did you lose?

Not much, about 200 billion US dollars, all the money earned in the first and second quarters was lost, but it is gratifying that Shell still made a small profit of 60 billion in the first three quarters. Ten thousand dollars, anyway, it is also a profit!

As for why there was such a huge loss in the third quarter, the financial report did not make it very clear. It just described it with a sentence like "a large amount of basic oil field construction has been invested in some countries to pave the way for future take-off".

Of course, that is, the quarterly financial report can be fooled like this. The specific reason must be clearly written on the annual report. Which projects have lost money and what, it must be accurate to every decimal point.

But no matter how Shell plays tricks on the financial report for the third quarter, it can't stop Shell's huge oil loss. From the original company with the largest annual profit, it instantly becomes a company that may lose money... The financial report has not yet been released, and God knows what the hell will happen to Shell in the fourth quarter.

So, naturally, after the announcement of the third quarter annual report of Shell Oil, a large amount of funds began to escape from Shell Oil. Almost instantly, Shell Oil's stock price plummeted by 15%, 1 minute It lost more than $800 billion in market value.

(End of this chapter)