Liu Zhiping followed the procedure and introduced Tencent's various data reports, including the composition of the shares, the company's assets, and the future prospects.
In fact, almost everyone present had a copy of this data.
No one would participate in the roadshow without understanding the company. That would be a joke with their own money.
The roadshow was just to make them more determined. It depended on whether the company organizing the roadshow could make them make the final decision. This was actually a test of the ability of a listed company.
And this ability was generally concentrated in the boss of a company.
At this juncture, Li Dong's final summary was the biggest weight for them to decide whether to participate in the subscription or not.
Half an hour after the launch, Liu Zhiping's introduction was finished.
After Liu Zhiping left the stage, Zhang Zidong, as the CTO of Tencent, also went on stage to give a demonstration and a speech. He mainly talked about the field of technology.
Breakthroughs in the field of technology were not important, but they were extremely important, especially for Internet companies.
The people below the stage, regardless of whether they understood or not, were extremely serious.
Twenty minutes later, it was 1: 20 in the afternoon. Zhang Zidong's speech ended.
At this time, Liu Hong, who personally hosted the launch on stage, held the microphone and said enthusiastically, "Next, let Mr. Li Dong, Chairman of the Board of Directors of Far away Holdings Group, summarize and share the Tencent launch for us."
"Clap, clap, clap …"
Accompanied by warm applause, Li Dong bowed slightly and stepped onto the stage.
Below the stage, as Li Dong went on stage, Bai Su also began to point her mobile phone at Li Dong. Shen Qian and Li Dong's parents were also waiting for their son and husband to show off.
…
On stage.
As soon as Li Dong went on stage, he went straight to the topic. He pointed to the big screen behind him and said, "Everyone, look at the screen behind me. I think you should have already gotten the data on it!
But at this time, I still want to repeat it.
After the restructuring, Tencent Group has a user base of 800 million!
800 million is a shocking number. In Hua Xia, Asia, or even the world, I don't think any company dares to say that they have more users than Tencent.
Of course, this was the total number of users. Tencent of the monthly active users had also reached 500 million.
If you still have doubts about these data, then take a look at the Alexa World Website Rankings released in June!
Everyone, Alexa is a subsidiary of Amazon. It's a big company's grace to not cheat us. It's impossible for them to fake our products. Everyone should have no doubts about this … "
The audience roared with laughter, and Amazon's Deputy CEO looked innocent.
Why was he talking about them again?
Li Dong waited for them to finish laughing before he continued with a smile on his face. "In the past, Google and the other search engines have always been at the top of the Alexa World Website Rankings. Google, the United States, and Germany, almost half of the top 20 websites are occupied by them.
Also, Microsoft's search engine websites are also one of the top search engines in China.
Hua Xia was ranked ninth on Baidu after the latest update.
After all, they were search engines!
What about Tencent?
Tencent is not Tencent!
But even so, Tencent still managed to enter the top 10 in June, and they are now ranked eighth.
In fact, we had not finished integrating our resources in June, and this data is not accurate.
If we are comparing traffic, Tencent might not be the top in the world, but Tencent is in the top three!
I think all of you know what this means better than me. I am not a professional, and even I know how difficult it is to beat those search engines with traffic. All of you should know better … "
Li Dong was not exaggerating. But Amazon's Deputy CEO whispered to the person beside him. "There is a delay in updating the data. Far away and Tencent were competing fiercely, and their traffic had increased …"
Actually, not many people care if he explained or not.
Furthermore, the updated data in June was more than a month after the competition period.
All these showed that Tencent's traffic had increased after integrating their resources.
User data and user traffic are very important to internet companies.
For Hua Xia, Baidu was only able to get into the top 10 in the past few years. Now, Tencent is in the top 10, and this is proof of their capabilities.
On the stage, Li Dong continued, "Actually, I don't care too much about these rankings. Of course, if you guys care, then that's another matter.
Actually, it is meaningless to look at Tencent's shares.
What are we looking at?
To put it bluntly, we are looking at the money and profits!
I, Li Dong, will not believe anyone who says that Tencent's shares are not for profits!
As an investor, the first thing we need to look at is whether there will be profits in the future or now!
It is too far to talk about the future. Let's talk about now!
Let's look at another data. In 2009, after the restructuring of Tencent Group, their revenue for the first two quarters is 12 billion RMB, or 13.5 billion HKD.
How much is the profit?
2.8 billion HKD!
All of this was built on the fact that the two companies were operating independently. In fact, even though July had not ended yet, our revenue and profits had increased by a lot compared to before.
After the integration of our resources, we had reduced our costs by more than 5%.
For the whole of 2009, Tencent Group's revenue is over 35 billion HKD, and the profits are more than 8 billion HKD! "
Li Dong's tone became more serious. "8 billion HKD! Everyone, how many internet companies have achieved this? Not to mention the instant messaging companies. Have any companies achieved this? The net profit is more than 1 billion USD. If Tencent is like Ali and has a P/E ratio of 300 times, it will have a market value of 300 billion USD! I had told the media before that HKD is worth Tencent if it is converted to USD … "
"… …"
The audience was speechless. Ma Yun looked at the ceiling. He felt tired.
Why are you comparing yourself to me?
There are so many companies, and you can't use other companies as examples?
Of course, Li Dong does not dare to mention it.
The P/E ratio depends on the company, the market, and the market.
Just look at Google. They had announced their second quarter earnings report, and their net profit for the whole of 2009 is more than 6 billion USD. Google's current market value is around 150 billion USD.
Li Dong did not give examples of these conglomerates, but he insisted on using Ali as an example. It was all because of the last sentence, 300 times the P/E ratio.
But Ali is an exception, and it was delisted in the end.
Did Li Dong really think that others were fools who would believe him with just a few words of bluffing?
Li Dong will not think everyone is a fool. Also, these IT companies are not in the same industry and cannot be compared.
On the stage, Li Dong continued. "Let's not talk about Ali. If I say 300 times, you all will be shocked.
Let's talk about Tencent. Tencent is not an IPO company. It is a restructuring and resumption of trading.
In 2008, Tencent's profits are around 2 billion HKD, and at the end of the year, Tencent's market value is 100 billion HKD.
Note that this is based on the premise that the global financial crisis was getting worse, and Tencent's market value had reached 100 billion HKD!
Now, after the reorganization, Tencent's market value is four times of last year's.
To an Internet company, even if the scale increases by four times, is the value still four times?
I will not say anything about this. I only want to tell everyone that Tencent's market value is at least 400 billion HKD!
As a company, these past figures are worth learning from. This is different from other IT companies. "
"Also, there is something I did not mention. If I mention it, you all might think that I, Li Dong, only know how to brag!"
Li Dong said seriously. "WeChat!"
"Until now, very few people are talking about WeChat. Are you all thinking that WeChat is not important, or are you all thinking that the mobile internet is still a castle in the air?
Everyone, it is already the second half of 2009. If anyone still thinks the mobile internet is a joke, then he is the biggest joke!
WeChat is disrupting the entire instant messaging industry at an unimaginable speed.
In China, WeChat has 100 million registered users, and overseas, it is also more than 30 million!
How many months has it been?
We only launched WeChat in late April, and it has only been 3 months!
Within 3 months, WeChat has more than 100 million registered users. Can you all still ignore this?
In the next few years, as the mobile internet becomes the mainstream in the IT industry, just the value of WeChat alone will bring you all unimaginable returns! "
"… …"
"Many people had been saying that the IPO price of 50 HKD is too high. Why? Are you all worried that Tencent will fall below the IPO price? Is anyone here worried about this? "
When Li Dong asked the question, someone in the audience answered, "Mr. Li, all of this is your opinion, your perception, and the acceptance of the market. It may not necessarily meet your expectations. The IPO price of 50 HKD is not low … "
Li Dong interrupted. "Let me put it this way. I, Li Dong, have some reputation in the business world.
If the Tencent's share price does not increase by 20% after 3 months, you all can sell your shares at 60 HKD! I, Li Dong, will buy all your shares!
Every word I, Li Dong, say is a nail in the coffin.
If the Hong Kong Stock Exchange thinks that I own too many shares, then it's fine. We can just delist the shares!
If the share price is less than 60 HKD, how can we get listed?!
However, there is a prerequisite for all of this. It is limited to the investors who are here to subscribe today. As for the others, whether they are considering or hesitating, they are not within the scope of what I am talking about.
As for money, I, Li Dong, will not go back on my words for a few billion HKD.
So what if I sell all 1 billion shares?
60 billion HKD and 50 billion RMB. Do you think I cannot afford it? "
Li Dong suddenly smiled and said, "Of course, in my opinion, there is no such possibility.
If you all think Tencent's 60 HKD is too much, then all of you here can forget about buying the shares.
If the investors are so pessimistic, why are they still buying shares?
This is not the first time some of you here have worked with me, Li Dong. Who do you think will suffer in the end?
Now, Tencent's shares are listed for 40 billion USD. At most, the market value will double within 2 years, and I, Li Dong, will not be able to get 100% returns!
I will not be like those companies who raise funds first and privatize the shares at the IPO price when the share price falls. This is not my, Li Dong's, style.
If the shares were to be delisted at 100 HKD, then I, Li Dong, will be letting you down! I am a straightforward person.
I'm a straightforward person. If you feel that I'm trustworthy today, then tomorrow, I'll bring you an unimaginable reward.
If you think I am not trustworthy today, then I, Li Dong, will not be the one regretting in the end! "
Li Dong's words were powerful, and all the investors started to get excited.
Only Ma Yun had the urge to go on stage and beat Feng Yu up.
The company that Li Dong was talking about was none other than Ali.
The investors could not be bothered with what Ma Yun was thinking. Li Dong was still as bold as ever.
This was the first time that the head of a company mentioned the plan of delisting when going public.
Generally speaking, such inauspicious words that would affect the confidence of investors were almost impossible to say on such occasions.
But Li Dong had said it!
If the company does not reach the target, then it will be delisted. Today, the shares were issued at 50 HKD, and the delisted price will be 100 HKD!
Does Li Dong have the ability to do so?
From the cash flow, no.
So far, if the company does not want to lose its reputation, Li Dong can easily borrow tens of billions of HKD.
The stock market has always been risky, and this is normal.
Li Dong, on the other hand, would always take the risk himself. In the eyes of the crowd, Li Dong was either too confident or too crazy.
Is Li Dong crazy?
Maybe a little.
But the foundation of everything, all the risks, was built on the foundation that he had experienced once.
Even if something happened now, the environment is still the same, and Li Dong does not think the changes will be too drastic.
This is the biggest advantage of a reborn!
If not for all these, will Li Dong dare to say these words?
He will not dare!
No one dares!
As Li Dong's words fell, the investors in the audience were ready to take action.
Although these risks are not in the documents, Li Dong is the World's Richest Man.
However, Li Dong was the richest man in the world. At this time, if he did not admit to his words during the roadshow, the global investment institutions would lose confidence in him. At that time, no matter how good his business was, none of his businesses would be listed.
That's why Li Dong's words can be considered a credible guarantee.
Is it worth investing in a deal with almost zero risk and 100% return for two years?
Even a fool will know it is worth it!
The only risk is that So far must hold on for two years. Two years later, So far will collapse, and everything today will be for naught.
Everyone is not betting on the Tencent risk. They are betting on whether So far can hold on for two years.
Such a huge business empire will collapse in two years, and no one had thought about this.
Compared to the stock market, this risk is worth it.
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