We are all reborn, who wants to be the richest man?

Chapter 38 Damo’s Banquet

The five-day Los Angeles Electronics Show has finally come to an end. During these five days, a new Hong Kong company has become the focus of pursuit by major banks on Wall Street, and of course public opinion is no exception.

He is Luo Nianzhong's Glory Game Company.

7.68 million US dollars in five days. When this data came out, it can be said that it blinded Wall Street. Even Wal-Mart, which is now famous in beautiful countries, Wall Street's estimated sales this year are only about 8 million US dollars.

Although the sales gap between the two companies may not be big, when it comes to profits, Walmart is not even worthy of licking Honor's toes. The sales of the key Honor game were set in five days.

Is the gaming industry unstable? Never mind it, let’s just look at the present, everyone has his own way of making money.

The world economy has been in a downturn in recent years, and Wall Street has been looking for new investment tracks. Unexpectedly, this year, Atari and Sega's annual sales exceeded 10 billion US dollars, while Honor's sales reached 5 million in 7.68 days.

These days, analysts on Wall Street are analyzing the game industry. This industry, which they previously looked down upon, has now given them endless surprises.

Major newspapers in the beautiful country boasted that a tens of billions market was about to emerge, and the founders of various small game companies became guests of major banks.

Of course, the ones that attract the most attention from Wall Street are Atari, Sega and Honor. Especially for Glory, in the eyes of Wall Street, this is a blank piece of paper that they can paint on as they please. The difficulty now is how to make the first stroke.

In the evening, the banquet hosted by John Reed, President of Morgan Stanley, was held today at the Hilton Hotel in downtown Manhattan, New York.

Speaking of this Hilton Hotel, there is a little story.

The founder of Hilton, the world hotel tycoon Conrad Hilton, did not go well when he first entered the New York hotel industry, and finally lost New York.

But his son and current heir Barron Hilton fulfilled his father's wishes and founded the Hilton Hotel now located in the center of Manhattan.

But I never thought that Conrad passed away not long after the hotel opened. He also donated most of his assets to the Roman Catholic Church and a charity, and only gave 3% of the equity and hundreds of thousands of dollars to Barron Hilton, who led the Hilton Hotel to glory.

For this reason, Barron Hilton filed a lawsuit in court and fought for a long time before obtaining the voting rights for the charitable foundation's shares.

But the irony is that Luo Nianzhong knew that Barron Hilton did not hand over the wealth in his name to his children, but gave 97% of the wealth to a foundation he founded.

The only difference between the two is that Conrad has a capable son, while Barron's children don't have much managerial talent. Later, the famous video incident occurred, letting people all over the world know that not only Kardashian, but Miss Hilton is also very charming.

In the lobby on the first floor, Luo Nianzhong, who had submitted the invitation, walked up with Robert and Jason under the guidance of the service staff.

The banquet was held on the 13th floor. When Luo Nianzhong came in, there were already many people inside, and neatly dressed waiters shuttled back and forth, serving red wine and champagne to the guests.

In the middle of the field, an energetic middle-aged man was surrounded by stars. Robert's whisper in his ear let Luo Nianzhong know that the person was the initiator of tonight's banquet, John Reed of Dalmore.

Without disturbing him, Luo Nianzhong took some food, asked the waiter for a glass of red wine, and chose a remote place to sit down.

Just because Luo Nianzhong didn't want to go to a crowded place to join in the fun, it didn't mean that no one would pay attention to him.

From the moment he came in, many people turned their attention to him.

A yellow man, with the new generation leader of the Felik family around him, no need to ask anyone knew that he was the boss of the company that was at the center of recent Wall Street talk, but what surprised many people was that he was so young.

In a corner of the banquet hall, a small group of young people gathered here. Most of them were around 30 years old. While chatting, their eyes unconsciously glanced at Luo Nianzhong.

"Steve, don't you plan to start a business? Maybe you can try your luck with that person from Hong Kong. Speaking of working capital, he doesn't know how to spend the money he has recently."

"Forget it, George, I haven't thought about my future path yet, not to mention that I plan to continue my studies to enrich myself. Not to mention...".

Although Steve didn't say it, everyone present knew what it meant. There were some racial issues involved, but it was not racial discrimination.

"Man, I think your ability is strong enough. Believe me, what you lack now is practice. Wouldn't it be great if you could defraud a practice fund from that Hong Kong Islander?"

Liar, it seems that they took Luo Nianzhong as a victim and planned to use his money to practice their skills. Even if they made a profit, they would also lose money. However, Steve was obviously not such an insidious person and did not agree with his companion's suggestion.

"You know George, this is not my style. If I can't bring returns to investors, then I would rather continue my studies in college."

"Okay, respect this damn principle." The man named George raised his glass as a gesture and stopped talking about this topic.

Luo Nianzhong in the distance didn't know that he had been noticed just now. At this time, he was greeting John Reid from Dalmore.

"Robert, I'm so happy to see you again. I invited you to Dalmore but you rejected me so many times. I didn't expect you to have found another job. It's such a pity."

As soon as he arrived, John Reed, who was holding a wine glass, greeted Robert warmly next to Luo Nianzhong.

"I'm grateful to President John for taking a liking to me. However, there are so many talents at Morgan Stanley that I lack my team. On the contrary, I feel that my current job makes me more motivated and more suitable for me."

"Can't you say that, who can have too many talents? Besides, with the level of your team, it is a mainstay even in Damona."

Robert thanked the other party for their politeness and compliments, and then began to introduce both parties.

"This is Mr. John Reed, President of Morgan Stanley."

"This is my current boss, Mr. Luo Nianzhong Luo." "Hello, I'm glad you can come to my party, Mr. Luo."

To John Reed, who was the first to reach out, Luo Nianzhong said politely, "I am the one who should be thanked. Thank you, President John, for the invitation today."

"You're so polite. It's mainly because I'm very interested and curious about Mr. Luo. He not only founded a company that makes a lot of money every day, but also allows Robert, a loner on Wall Street, to work for you. That's why I took the liberty to invite you through Robert. , I hope you don’t find it abrupt.”

Aloof, I didn't expect Robert to have such a title. It seems that I still don't know him well enough. Luo Nianzhong didn't wonder for a long time before John Reed gave him the answer.

"In his years on Wall Street, Robert's team has been recognized by many people, and they are all poaching them. However, Robert has his own ideas, and many people he contacted were not moved, so he got the title of aloof."

Luo Nianzhong nodded in realization, "So that's it? It seems like I've found a treasure. Do you want to give them a little extra salary after I go back?"

"Then should he treat me to dinner?"

"Hahaha" Luo Nianzhong and John Reed's teasing made everyone here laugh.

Afterwards, a few people sat down and chatted for a while before John Reed revealed the purpose of inviting Luo Nianzhong today.

"Mr. Luo, we all know that your company's products are currently in short supply. I wonder if you have any ideas to expand production capacity."

Doesn’t John Reed know that Glory is not short of money now? Of course he knows. But when it comes to running a business, who can guarantee that their company’s products will sell well? Using investors' money to develop your own industry is the way to go.

He is now testing whether Luo Nianzhong has the idea of ​​​​listing the company. If the other party is interested, Morgan Stanley can definitely copy the other party into a giant of more than 30 billion US dollars. It is not impossible to run 50 billion well.

This will become an unprecedented IPO and a feast for the capital market.

Judging from last year's Fortune Global 500, there were no more than 50 companies in the world with a market capitalization of over US$30 billion, and many of them were in the energy and automobile manufacturing industries such as Exxon Mobil, General Motors, Mobil Oil and Ford Motor Company.

There are quite a few companies with a market value of over US$30 billion, but not more than . One can imagine how much John Reed hopes that Honor will be listed.

Compared with other top 100 companies, Honor is as big as a frail child, but the value created by this child may be inferior to even the top ten companies in terms of market capitalization.

Analysts from Morgan Stanley mentioned in a report submitted to John Reed that the net profit of these three Honor arcade machines should be three to four times higher.

Judging from Honor’s sales of 7.68 million at this exhibition, analysts from Morgan Stanley believe that Honor’s net profit may be around US$5 million.

The report also said that Honor’s arcade machines are also very popular in island countries, South Korea and Southeast Asia. The specific sales volume is unknown, but it is estimated that it will not be less than 2 units. This is equivalent to the current sales of this 9-month-old company being nearly 6 million U.S. dollars, and the profit is almost over million U.S. dollars.

If Honor hadn't been in the gaming industry, with huge fixed assets and relatively stable income, it wouldn't have been a surprise to have surpassed the number one IBM in terms of market value.

Doesn't Luo Nianzhong know his thoughts? Also know. Although entrepreneurs generally do not use their own money to develop their businesses, Luo Nianzhong does not think so, because he knows that Glory can definitely guarantee rapid development, and he is the biggest guarantee.

"Thank you, President John. If Honor has the idea of ​​going public, we will definitely trouble Morgan Stanley. But for now, Honor is still too young and may still need some time to grow."

Luo Nianzhong's rejection made the frustration flash across John's face. "Well, I hope that when Glory needs help, we Damo can be the first thing you think of."

Before coming, John Reed had thought that it would be impossible for the other party to launch the Honor game now, but he was still a little frustrated after being rejected. But this is good, it shows that the other party has great confidence in this company.

"Speaking of needs, I really need Mr. John Reed's help with something." Luo Nianzhong has not forgotten why he came here.

"Oh, I wonder what we, Damo, can do to help Mr. Luo?" John asked with interest.

"Does President Bossac John of the French textile group know? I am very interested in their subsidiary Dior."

John didn't answer Luo Nianzhong at the first time. He didn't expect Luo Nianzhong to be interested in luxury goods at sunset. It shouldn't be now.

According to Morgan Stanley's analysis, it will take at least five years for Europe and the United States to get out of this economic downturn. At this time, he does not think it is a good choice to acquire luxury brands with Europe and the United States as their main consumption power.

But this thought passed away in a flash. What Luo Nianzhong thought had nothing to do with Damo. As long as Damo could get his own benefits. Generous commissions and a closer relationship will do no harm to Mobli.

"No problem, I will form an elite team to take charge of this tomorrow. I believe I won't keep you waiting too long."

"Really? Then I will just wait for the good news from President John."

Is the sun setting over the mountains? It looks like this now.

There is no possibility of the Cold War ending, and polar bears are even more powerful now. Concerns about the future and the West's own economic downturn have caused a huge setback for the luxury goods market. During this period, many brands either went bankrupt or were on the road to bankruptcy.

But Luo Nianzhong is not worried. If the west is not bright, the east will be. The Hong Kong Island market in the 80s, the Western market that was completely released after the disintegration of Polar Bear in the s, and the rise of Rabbit, the largest market for luxury goods, are all factors Luo Nianzhong relies on to enter the game now.

If he had waited a few years, Luo Nianzhong knew that he would not be able to build a luxury goods empire as easily as now.

The contact was made when it was time, and John basically understood Luo Nianzhong's thoughts on Glory at this stage. After chatting for a few words, John left.

He is the host of today's banquet. He cannot accompany Luo Nianzhong all the time. He must take care of everyone in every aspect. Although he didn't have to do this due to his status, it was still necessary to say hello.

(End of this chapter)