Brilliant Years 1991

Chapter 34 The best way to go is to quit while you are ahead, Red Hare among horses!
Not only did the underwriters print and distribute flyers, in fact, the prospectuses of Shanghai Light Industry Machinery and Shanghai United Textile were also published in the evening papers available that afternoon.

As soon as the news came out, the stock market was naturally shaken!
The crowd holding stock subscription certificates were naturally even more excited.

In fact, the news that two new stocks are going to be listed can only be regarded as normal good news, but two new stocks are listed at once, and there are even rumors that there will be a new stock in March. The market information conveyed by the launch of three new stocks within a month is the real big news!

However, that night, in that eight-dollar hotel in Shanghai, Cao Yukun bent over his desk and read the newspaper over and over again, but he couldn't help but sigh to the sky.

Not to mention the rumored third new stock in March, just the two that have already issued prospectuses are great news for others, but for him, he immediately fell into a dilemma!

The first one, Shanghai Light Industry Machinery Co., Ltd., will publicly issue 16516 million shares with a par value of 10 yuan per share, totaling 1651.6 million shares. Among them, Shanghai Light Industry Machinery Co., Ltd. will convert 1551.6 million shares of its original state-owned assets into shares and publicly issue 100 million shares to individuals in the society (including 20 shares subscribed by the company's internal employees on a priority basis).

The issue price per share is 24 yuan.

That is to say, 80 shares will be sold to individuals in the society, with a total offering price of 1920 million yuan.

There are about 210 million stock subscription certificates on the market, which means that the probability of winning each subscription certificate is about 38% - a very high probability!

Since it is a lottery, there will always be some deviations, and the chance of winning cannot be absolutely average. However, when the value reaches a certain level, such as 30,000 tickets, the winning rate will most likely return to the standard value.

In other words, with the 11000 subscription certificates in Cao Yukun's hand, there is a great probability that he will win between 12000 and 11000 shares - just calculate based on the lowest number, shares.

The issue price per share is 24 yuan, which means that if Cao Yukun wants to exercise the right of the subscription certificate, he must come up with a capital of 26 yuan to purchase these 4000 shares!
In addition to this, there is a second share.

Shanghai United Textile Industry Co., Ltd. will issue 1100 million yuan of stocks to the public (including 220 million yuan to the company's internal employees) at 10 yuan per share, totaling 110 million shares.

The selling price per share is 43 yuan.

That is to say, 88 shares will be sold to individuals in the society, with a total offering price of 3784 million yuan.

There is a high probability that Cao Yukun will win between 12000 and 13000 shares, which means that he will have to prepare more than yuan in cash to buy these new shares!
The problem is that this is just the beginning...

At this moment, Cao Yukun, who lived in a small hotel, truly experienced the feeling of "worrying about the low price of coal and wishing for cold weather" - the more new shares were issued, the greater the value of the stock subscription certificates, and the higher the price would be driven by the market. For Cao Yukun, this was naturally an absolute benefit.

But the problem is... he has no money.

Not to mention buying two new stocks at once, he can't even afford one!

In fact, before the New Year, he got a total of 84,000 yuan from his father, of which 80,000 yuan was used as a down payment to help him get the Shimen Beverage Factory. The remaining 4,000 yuan was basically used up in the subsequent loan application process. He usually didn't want to refuel himself when driving, and he once went to the police station to get half a tank of gas. The remaining three times he refueled, he quickly took the money back to the factory for reimbursement after filling up.

This time, he came to Shanghai and applied for a market survey, so he applied for an advance of 3,000 yuan for travel expenses.

If he wins the two newly issued stocks as expected, he will have to pay nearly 800,000 to take them!

Of course, in theory, you can choose not to exercise your rights...

…………

As the night deepened, the cigarettes smoked more and more.

The room in the small hotel was quite small. In the end, even Cao Yukun himself felt a little suffocated, so he walked over and opened the very old-fashioned small wooden window.

A chill rushed in, instantly perking up the man. Cao Yukun had just put out his cigarette, but he subconsciously took out the next one.

Just today, there is a feeling that is becoming stronger and clearer.

He felt like a kid who stumbled into the 1990s, thinking he had the ultimate trump card, so he rushed around recklessly, not caring about anything. However, the reality is that even if you know that something will succeed, it is still difficult to really get the sweetest fruit!

It is easy to imagine that once the news of the three new stocks in March comes out, the market purchase price of stock subscription certificates will surely usher in a sharp rise after tonight - blindly guessing, with the support of good expectations, it is not impossible that the price will directly rise to one thousand yuan per share based on today's market price!
So in fact, the most appropriate way is to release a wave of goods.

It has already doubled to 33 times, which is not low!

Sell ​​10,000 shares and get back 10 million. With the remaining 20,000 shares in hand, you can calmly subscribe to all the newly issued stocks you can get your hands on - maybe you can even become a stock market tycoon!

When the subscription warrants really reach fifty or sixty times, sell them all together with the stocks!
This is definitely the best and safest way!

However... this way, I always feel like something is missing!

Although it is not a small profit, one can even sell the subscription certificates at a high price of thirty-three times, exchange the money for stocks, and when he sells them all, he may make more money after a comprehensive calculation. However... this is no longer a simple numerical account, it is not a question of whether he has earned more or less.

There is always a feeling that everything has failed!

It’s not as exciting as described in online novels!

Standing at the window, feeling the cold wind that seemed to carry the smell of money in the winter night of Magic City, he was stunned for a moment, picked up the matchbox on the table, subconsciously shook it, pushed it open, pinched out a match, lowered his head to protect it, and was about to strike it subconsciously, but suddenly froze - he stared at a wall somewhere in the small room, but his mind had already flown thousands of miles away.

In fact, no matter in the previous life or in this life, I have never truly succeeded according to my own wishes and ideas - not even once!
I thought that if I got into a good university, my life would be better. I thought that if I learned programming, I would have an easy job and a high salary in the future. I thought that if I bought a house, it would be easy to find a partner. I thought that if I traveled through time, I would be able to do something big. I thought that if I had information about the explosion of subscription certificates in advance, I would be able to make a lot of money easily...

It’s ridiculous that I had been planning to sell it when the price increased by dozens of times to avoid the risk - as if I just needed to sit there and wait for it to soar up!

In fact, even if he was able to successfully purchase the Shimen Beverage Factory before, how much of it was because of his self-proclaimed misleading words?
His words were so childish that they couldn't even fool Song Yuhuai, let alone a big shot like Song Hongxing?
How much did he want to get a bargain for himself to be willing to transfer the factory to himself for 80,000 yuan?
To put it bluntly, it was just a coincidence!
They just really wanted to sell the factory quickly. Selling the factory for 2 million was a bit embarrassing, and the loss was too much. My timely appearance gave them a way out...

He must have thought that after buying the factory, he would have to work hard and strive to earn five million in half a year. As long as he worked hard, there was a 99% chance that the factory would go bankrupt. At that time, the repurchase clause would come into effect.

And if they bought a bankrupt factory and sold it to anyone, it wouldn't be so embarrassing - in fact, they didn't even need to transfer it to another person, they could just sell the factory themselves! Anyway, they had debts to pay, and when the six months were up, it was impossible for them not to accept their "suggestions", right?
Ah……

Success? Success according to your own wishes and plans?
It's very difficult!
Small things are difficult, let alone a business worth tens of millions?
The best way is to quit while you are ahead, Red Hare among horses!
but……

…………

After an unknown amount of time, Cao Yukun suddenly sneezed violently towards the window. The cigarette in his mouth was blown out and fell onto the table.

Cao Yukun suddenly came to his senses and subconsciously raised his hand to close the window. He threw the matchbox in his hand back on the table. He turned around and took his backpack from the bed and quickly took out a notebook and a pen.

He sat down, unscrewed the cap on his pen, and opened his notebook.

After hesitating for a moment, he wrote down a line of words very seriously:

"Feasibility Report on Selling Orange Soda in Hongkong".

(End of this chapter)