Chapter 862 Reopening
After statistical review in October, the annual financial report of Daenerys Entertainment, before the merger with Metropolitan ABC Group, was officially released on November 6th, and the new Daenerys Entertainment Group stock also reopened on the same day.
The purpose is self-evident.
From October 1994 to September 1995, in the four quarters, Daenerys Entertainment Group's total annual revenue was US$27.617 billion, the company's net profit was US$3.723 billion, and the net profit margin reached 13.5%.
Since Daenerys Entertainment adjusted its fiscal year plan after its IPO last year, adjusting the original natural annual statistical cycle to October of each year as the starting point, if you want to compare it year-on-year, you can only push forward for another four quarters, that is, from October 1993 to September 1994. In the same four quarters, the total revenue was US$20.561 billion and the net profit was US$2.319 billion.
Based on this reference, Daenerys Entertainment Group's revenue in fiscal 1995 increased by 34.3% year-on-year, and its net profit increased by as much as 60.5%.
Even though many people understand that Daenerys Entertainment's financial report is "tailored" for the expansion operations of mergers and acquisitions of Metropolitan ABC Group in the year after the IPO, one thing is undeniable is that Daenerys Entertainment Group itself does have very strong profitability, with a full-year net profit of US$3.723 billion, and there may be some financial methods such as delaying payment of accounts payable, but the actual moisture will not be too much.
After all, the popularity of Daenerys Entertainment is obvious to all, whether it is movies, TV or games.
Therefore, it is not that Daenerys Entertainment's net profit this year is too high, but that the company has been deliberately suppressing the company's own profits in the past and investing more funds in expansion.
This is a display of profitability.
3.723 billion US dollars, just looking at it, this profit seems not so eye-catching. By comparison, you can tell how powerful Daenerys Entertainment’s money-making ability is.
According to the financial reports of various American companies as of September this year, it can be roughly speculated that in 1995, only six American local companies had the annual net profit exceeding Daenerys Entertainment, namely General Motors, Ford Motors, ExxonMobil, General Electric, Philip Morris and AT&T.
All of these six companies are old-fashioned oligarchs that have been passed down for dozens or hundreds of years. Among them, Ford, which is expected to have the highest profit, has a net profit of about US$5.3 billion for the whole year, which is not a huge gap with Daenerys Entertainment.
Daenerys Entertainment Group is not only the seventh-ranked corporate giant in the United States in 1995, with revenue of US$27.617 billion, but has also entered the top 30.
All of this took only 9 years.
Not only that, veteran giants such as General Motors and Ford Motor have basically lost their long-term growth potential.
Especially in the automotive industry, under the impact of Japanese automobiles, the trend of going downhill is very obvious. Otherwise, the US government would not have started auto trade negotiations with Japan in the first half of the year. Unfortunately, this time it did not succeed like the semiconductor war in the 1980s, so the rapid decline of the US automobile industry is inevitable.
In comparison, Daenerys Entertainment, which has already outperformed the media and entertainment industry, is still full of vitality. The businesses of movies, TV, games, music, etc. are moving forward in parallel. The revenue growth has not slowed down after entering the 10 billion US dollar club, and it still maintains a continuous and strong annual growth rate of more than 30%.
Moreover, after far behind a number of competitors in the same industry, Daenerys Entertainment not only did not stop, but was still moving frequently. It had just completed the merger and acquisition of Metropolitan ABC Group and announced the Universal Studios Rome with an investment of US$2 billion.
Due to the continued momentum of Daenerys Entertainment and the rapid pace of Universal Studios Osaka's opening, most media have gradually changed their pessimistic attitude towards Universal Studios Rome due to the failure of Disneyland Paris.
Therefore, on November 6, even though the market value of the opening market reached US$216.6 billion, the new Daenerys Entertainment stock price is still strongly sought after by the capital market.
On the first day of reopening, Daenerys Entertainment's stock price soared from $83.375 before the suspension last month to $93.25, a single-day increase of 11.8%.
This is not 11.8% of some small companies with a market value of only tens of millions or hundreds of millions of dollars, but 11.8% of a giant company with a market value of more than $200 billion. At the close of the day, Daenerys Entertainment's market value jumped to $242.1 billion. In one day, the overall book income of Daenerys Entertainment shareholders reached $25.5 billion.
On Tuesday's New York Times, the front page headlines focused on the single-day gains of Daenerys Entertainment's reopening, using only one word to describe: Crazy!
It can only be described as crazy.
Ford Motor, which is expected to rank first in the United States in the year, has a market value of only US$38.1 billion at the close of November 6. This automobile giant, whose annual revenue is as high as US$120 billion, has a market value of only one-sixth of that of Daenerys Entertainment Group, and its price-to-earnings ratio is only 7 times that of the market.
However, even Warren Buffett, who focuses on value investment and likes to buy at the bottom, will not buy Ford's stock again at this time, because the US automobile industry is destined to be replaced like the semiconductor industry after the Washington government failed to put pressure on Japan.
A price-to-earnings ratio of just 7 times shows that the US automotive industry has basically lost the value of long-term investment.
In comparison, even if the price-to-earnings ratio has reached 65 times, Daenerys Entertainment is still highly sought after by the market. Even if the operating tendency of many capital has changed from investment to speculation, it can be confirmed that Daenerys Entertainment has definitely value for long-term holding.
Simon returns to Los Angeles on November 5.
I started a steady working rhythm again, went to work in the morning, went home in the evening, and occasionally attended some cocktail parties that were unstoppable.
In fact, work has been continuously delegated.
If it weren't for the unanimous opposition of the Daenerys Entertainment Board and the group's senior management, Simon would have wanted to step down as chairman of Daenerys Entertainment after the merger and acquisition of Metropolitan ABC Group. Relying on more than 90% of the voting rights, even if he retreated behind the scenes, he would still be the absolute controller of Daenerys Entertainment.
Unfortunately, everyone disagrees.
Simon's symbolic significance for Daenerys Entertainment is really important. Even if other matters in the Westeros system are always absent from the Daenerys Entertainment board, as long as he still holds this title, both internal Daenerys Entertainment and the majority of investors will be confident in this company.
On the contrary, once Simon suddenly steps off, it is likely to bring unnecessary risks to the company.
No matter how much the explanation is, the stock price has fallen sharply and has not escaped.
If Cersei Capital wants to short its own company, it can use this trick.
The authorities, the result is more likely to be the SEC profit.
What a big fine.
Back in Los Angeles, Simon spent most of his time replacing a series of film projects under Daenerys Entertainment.
After Halloween's "Soul Conjuring 2", the 3D animated film "Beauty and the Beast" that will be featured on Thanksgiving on November 17 will be released soon, followed by "Batman vs. Superman: Dawn of Justice" on December 22. In addition to these blockbusters, a number of award-winning works such as Katherine Bigelow's "Detroit" will be released at the end of the year.
These are already done.
There are more videos in the production stage.
The three Daenerys Entertainment brands have more than 40 annual productions. Although each project needs to be approved by Simon himself, due to limited energy, Simon can focus on the minority.
As 1995 comes to an end, according to the production progress of a series of films, the main films of Daenerys Entertainment in 1996 have basically been finalized.
From the beginning of next year, the earliest key project is Jack Cheng's "Rush Hour", which is scheduled to be released on February 9th, Valentine's Day.
This kung fu comedy that Simon remembers is actually qualified to squeeze into the summer season.
However, Simon could not tell the New World Film team how successful "Rush Hour" would be. Moreover, the summer season in 1996 was too crowded, and it was gradually shifting some key projects and even blockbusters to various unpopular schedules. This is also the basic strategy that Daenerys Entertainment has begun to promote in recent years. Last year's "Broken Arrow" has proved the feasibility of this strategy.
In the Easter period, there are two key films in total, both of which are sequels, namely the comedy "Detective's Aircraft 2" starring Jim Carrey and the fourth work of the Conjuring Movie Universe "The Mortuary Haunted 2".
After Easter, the summer season has entered, and there are only three blockbusters related to Daenerys Entertainment, "Mission: Impossible 2", "Mummy" and "Dragonhead Valley".
Among them, "Mission: Impossible 2" and "Mummy" are foreign cooperation films, released by Paramount and Fox respectively. "The Deadhead Valley" directed by Tim Burton is a project that Daenerys Entertainment has completely independently released.
There is also a newest episode of MGM's 007 series "007: Ghost Party" in the summer season.
This is the 18th part of the 007 series.
The project did not have investments from Daenerys Entertainment, but was part of the MGM Agent Cinema Universe planned by Simon. Although the name is "007: Ghost Party" and the story also adopts some frameworks in Simon's memory, in order to cooperate with the MGM Agent Cinema Universe, Simon still made considerable modifications.
The reason why the former "007 Ghost Party" was not released until 2015 is mainly due to the long-term dispute over the copyright of the Ghost Party series. Under the leadership of Simon, MGM has completely solved this problem.
In terms of the male lead, after Timothy Dalton stepped down, the new 007 still chose Pierce Brosnan.
After becoming famous in "The Pretty Beauty" a few years ago, Pierce Brosnan's position had just entered the front line and before he could stand firm, he began to fall again when the 007 project extended an olive branch to Brosnan again, the male star finally agreed to join the game.
At Simon's instruction, MGM provided a $5 million salary for Brosnan's main first 007, which was higher than Brosnan's net worth after its decline. However, in exchange, the male star signed a contract for five 007s at one time, with the single-piece pay increase of no more than 35%, and the capped salary was $15 million.
In fact, if the Agents Cinema Universe is very successful, MGM will give an additional box office share reward as usual in the future.
But these terms are not explicitly written within the contract.
Just like the DC movie universe, this belongs to the room MGM has left for both sides.
After the summer vacation, Halloween in 1996 will be a new derivative series of the Soul Conjuring Movie Universe. "Annabelle" which lays the groundwork in "Soul Conjuring 2" which is being released recently.
At the end of the year, there are still three blockbusters, namely "Wonder Woman 2", "Charlie's Angels" and "The Brave Game". According to the original agreement, "Wonder Woman 2" was independently released by Daenerys Entertainment, while "Charlie's Angels" and "The Brave Games" are collaborative projects with MGM and Warner.
As for the projects such as "Tornado", "One Day", and "Titanic" that Daenerys Entertainment is also focusing on preparing, the schedule will be postponed in turn.
Moreover, most of the films scheduled to be released are bombshells with large investments and large productions. There are more non-core or medium- and low-cost projects in the three brands under Daenerys Entertainment, including dark horses, or some additional films that Simon may temporarily add, such as the movie "This Man from Earth" that created a box office miracle with its creativity at the beginning of this year.
A week back in Los Angeles, Simon was basically revolving around these film projects, either participating in the late stages of "Mummy", or rushing to the set of "Charlie's Angels" himself, or spending a morning on a conference call with the crew of "The Brave Game" which is about to start filming immediately after the Victoria's Secret show in Australia.
Moreover, there are a large number of affairs in the entire Westeros system that need to be distracted by Simon.
The shutdown of the distribution center of the Amazon Online Mall, Egrett-owned Amazon.com, was delayed for more than half a month and was finally resolved.
Egrit completely abandoned three contractors and re-selected other freight companies to undertake logistics and distribution tasks at the Wisconsin distribution center.
At this stage, although truck freight still accounts for more than 80% of land delivery, it is far from reaching a serious shortage of truck drivers due to the rise of e-commerce in the United States twenty years later. Truck drivers who cannot find jobs are being caught, and the industry's labor force is in a state of redundancy.
Therefore, Igret has considerable initiative.
Igret refused to give in to the rebound or even compromise under the control of the three companies and the obvious behind-the-scenes truck driver union.
Moreover, since the truck driver union did not expose it, Igrit did not pick up some things and spared no effort to build momentum in the media, insisting on claiming that the reason for abandoning the three contractors was not the workers' strike in order to seek better treatment, but the contractor failed to handle the relationship with its employees, which caused Igrit to suffer huge losses and seriously damage the interests of Amazon online mall customers.
The contractor is wrong.
Not only that, Egret's claim against the contract was not interrupted after the matter was resolved. Faced with huge claims lawsuits, the three small contractors who could not even afford to fight a lawsuit directly declared bankruptcy, and all truck drivers involved in the strike were unemployed as a result.
At this point, Igret no longer pursued him.
As for other lawsuits surrounding Wisconsin distribution centers, they are not painful or itchy. Since some people are going to get entangled, they are just for their support.
With the size of Igret, it can now afford to deal with any kind of lawsuit.
On the other hand, inspired by this truck driver strike, Simon specifically reminded Amazon's head Alice Ferguson to pay attention to introducing other transportation models into the delivery network. It is a must-do to not be stuck in the truck driver union after the massive rise of e-commerce.
As for the further intelligence and mechanization of many logistics and distribution centers, Simon does not need to remind him repeatedly. Continuously eliminating labor through machinery is also an inevitable choice for Amazon to develop and grow.
Chapter completed!