Chapter three hundred and eighteen where the value lies
The fact that Magic Seven Company was preparing to go public was not only spreading rapidly on Wall Street, but also attracted the attention of many parties, including securities companies and the New York Stock Exchange, but also reached the ears of local financial industry practitioners in California as quickly as possible.
Therefore, after the conversation with Henry Morgan ended, Evan received a call from Wells Fargo President Isaiah Herman, Bank of California President Thomas Sain, and Bank of America President Mario Giannini. These three people represent the three major California consortiums, and they all had more or less dealing with Evan. Of course, in terms of relationships, because of the incident in June this year, Mario is still the most familiar with it.
The content of the call between Evan and them was almost the same as the same model. After long or short greetings, they hoped to invite Evan to a banquet and introduce him to him.
This person is without exception, the president of a local brokerage or insurance company.
The companies mentioned are First America, Western Finance Company, and Trust Trust Company.
Obviously, they also hope to participate in the listing of Jinmo Qi Company.
The value of Magic Seven Company is obvious to all. As a local snake, they noticed this earlier than those on Wall Street. As early as two or three years ago, someone had already made up his mind, but because they found that Magic Seven Company was very involved and had concerns, they were afraid of their hands and feet and have not been implemented until now.
Now that Magic Seven Company took the initiative to serve the cake on the table, they naturally didn't want to take advantage of the people on Wall Street. They all couldn't wait to get a share of the pie.
Evan knew very well about these people's ideas. Therefore, Evan followed the usual practice and directly accepted the banquet, but asked them to send the invitation letter to the company, and stated that he might not have time at that time, but he was willing to make friends, especially local friends in California, so he might let others attend instead of him.
The meaning is that the Magic Seven Company has a lot of business, which has been used as a financial company in California, but he will not go to the banquet.
After dealing with these people, the family members who heard the news also called.
First of all, it was the concern from Sacramento. Earl directly asked Evan what the consideration was for making this decision. Evan did not reserve and confessed to him.
"The first is to bring Mo Qi to the listing of the company to narrow its relationship with Wall Street and temporarily ease its relationship with Morgan and Rockefeller. The second is that there are signs of improvement in the federal stock market. After Mo Qi goes public, it is convenient for financing and cash out, and blood transfusions are given to other industries."
Evan seemed to clearly regard Demon Seven Company as an abandoned son.
After hearing Evan's plan, Earl didn't say anything, but Nina was a little unhappy. She was a director of Magic Seven Company at least, and she felt that Evan shouldn't have taken the place where he started his business so much.
Too cold-blooded.
However, Nina just thought about it and didn't say a word to Evan on the phone.
She knew in her heart that cold-bloodedness was a necessary quality for big people, but as a mother, she instinctively did not want this quality to appear on her children.
She was not the only one who shared Nina's feelings. When Evan answered the phone, he listened to the whole process. Audrey, who knew his plans, thought so.
Moreover, after Evan hung up the phone, she did not hide this idea and bluntly said that she was complaining about Demon Seven Company.
Evan heard this and smiled slightly, "Audrey, I'm not cold-blooded. I'm not going to give up Demon Seven Company directly. Moreover, there are a lot of benefits for Demon Seven Company."
“At least, those who own the company’s stock will certainly be happy to see a company go public.”
"But..." Audrey argued: "Didn't you just say you wanted to cash out stocks and transfusions for other industries?"
"Yes!" Evan nodded: "But, Audrey, you forgot a fact."
"That is, I have 83.2% of the shares of Magic Seven Company, and I am the absolute controlling shareholder. Even after I go public, this number is still above 60%, which gives me a lot of room for reduction."
"You know, controlling a public company does not require me to have an absolute majority of shares..."
After this explanation, Audrey finally understood Evan’s plan. She knew that she was wrongly betrayed the person she was about to give her lover some compensation, but was interrupted by the phone call that rang again.
This time it was Robert who called from New York.
"Evan, Magic Seven is going to go public. Can I buy the original shares?"
“It would be best if there is a discount!”
...
A company listing has never been a simple matter. Just meeting the series of conditions set by the New York Stock Exchange requires a lot of preparation work.
These tasks include: sorting accounts, finding stock underwriters, and filling in the documents required for listing as required. These require professionals to do.
The first thing that was decided was an accounting firm. Many well-known accounting firms on Wall Street came to bid for contracts. After some open and secret struggles, Deloitte finally won the contract.
Then there were underwriters. A total of twelve brokerage firms proposed cooperation intentions. In the end, Magic Seven Company selected eight of them, three of which were brokerage firms in California.
Just as Magic Seven Company was busy with its listing, the 100th anniversary of California's founding of the State Council arrived on time.
On the anniversary days, Evan made a special holiday for himself and took Audrey back to Sacramento. The two participated in the float parade and recorded many meaningful memories with their cameras.
Not long after the celebration, Audrey started school and Evan returned to work.
In October, the movements on the construction site of the Applied Semiconductor Company finally subsided, and two workshops were put into use. One was a laboratory and the other was a production workshop for germanium-based semiconductors.
In November, Applied Semiconductor Company produced its own company's first germanium transistor. Then, with its outstanding performance, Applied Semiconductor received its first order, from the relationship owner JPL.
In December, an article with Applied Semiconductor Corporation as the contact unit was logged into the journal of the American Society of Mining and Metallurgical and Petroleum Engineers, which disclosed a method for preparing large-size germanium single crystals.
In mid-December, the listing process of Magic Seven Company finally came to a critical stage of roadshow. The roadshow needed to display the company's financial data, so Magic Seven Company's money-making ability was finally well-known.
As of November this year, Magic Seven Company has generated more than US$82 million in revenue and net profit of US$12.03 million.
Last year, the two figures were 70.25 million and 8.06 million respectively.
The year before yesterday was 68.6 million and 9.1 million.
The year before yesterday was 67 million, 10.6 million.
This number is so amazing that it can definitely be ranked among the top 500 in the United States.
Therefore, starting from the first roadshow in New York, each roadshow attracted a huge number of investors.
Chapter completed!