14.86 USD!
The opening share price was 48.6% higher than the IPO price!
Masao Kameda was overjoyed and Feng Yu was surprised. They did not expect the opening share price to be so high!
Of course, another company's share price will increase more than double after the opening share price. That was a company that manufactures internet browsers. But because the US had an "Information Superhighway" project, the value of all related industries, especially the internet companies, increased rapidly. Microsoft's share prices had been rising because of this project.
The Information Superhighway project was a high-speed communication channel that connects the entire world. It was mainly made up of four parts. Fiber optic cable network, personal computers and servers, computer software processing systems, and a large amount of information resources.
The share prices of any company that was related to these four parts started to rise rapidly in 1993. Bill Gates also became a billionaire during this period!
To put it bluntly, this was the idea of building a global internet. Initially, it was just the US doing it. But when Clinton saw it, he felt that this was a good idea. It could greatly increase economic efficiency and productivity. More importantly, it could promote the US's "liberal democracy" ideology to more countries and brainwash the people of other countries. This would strengthen the US's leadership position in the global ideological field!
The person who proposed this idea was nominated as the Vice President by Clinton. This plan was passed into law, and it led to the development of the US industry!
Of course, it also formed a huge economic bubble, let's not talk about it for now.
Over the past two years, the opening share prices of the companies that were related to these four parts were shocking. Of course, many of them fell after that.
But the Sixth Sense Company, a company that was not related to any other listed companies and had nothing to do with information technology, increased its opening share price by 48.6%. This shocked the investors!
Last month, there were a few companies that got listed, but their opening share prices were lower than the IPO price. This showed the investors' trust in the Sixth Sense Company.
Masao Kameda was thinking that he had made a lot of money. The higher the share prices, the higher the value of the Sixth Sense Company, and the more profits he and his company will make.
Based on this trend, the Sixth Sense Company's share prices will double this month, and it might even double by the end of the year.
The stocks of the company he owned would also increase greatly. His net worth would also multiply. He would officially become a millionaire with a net worth of more than 200 million USD. Moreover, he would be managing a company with a market value of more than 2 billion USD. No, it would be the world's number one sex toy company!
Next, he would have enough money to open new factories, stores, do publicity, and continue his path of expansion.
He would become the world's most famous sex toy tycoon, surpassing the boss of PIAYBOY. Also, he would have the money to invest in sex magazines, adult films, and even adult TV channels. These were all related industries that he was optimistic about. These industries could bring more profits to the Sixth Sense Company!
He urgently needed to share his joy with someone, and the first person he looked for was, of course, Feng Yu.
Feng Yu was different from Kameda Masao and the rest of the Sixth Sense Company's employees. The rest of them were happy, but Feng Yu was depressed.
Feng Yu's heart was aching because he had suffered a huge loss!
The opening price was so high, and the share prices had soared. Why did Feng Yu feel that he had suffered a loss?
Feng Yu was regretting that he had not considered everything when the company was listed. He also did not know that the Sixth Sense Company would be so popular after it was listed on Nasdaq.
If he knew, he would have set the IPO price higher. Now, even if the IPO price was set at 15 USD, there was no need to worry about the shares not being sold. Once the market opened, the share prices continued to rise.
Kameda Masao and Kameda Masao had consulted many professionals, and in the end, the price should be around 8 to 9 USD. If it weren't for Feng Yu's insistence, the price would be lower than 10 USD.
But Feng Yu did not expect the IPO price to be so high!
Even if the IPO price was set at 10 USD, Feng Yu would not issue so many shares. He should issue 25% shares. Why should he issue 30% shares?
Although the Sixth Sense Company had taken a lot of loans to set up factories in Europe and the US, the company had incurred a lot of debts. But those debts were not a problem.
Even if the debts were high, they could issue the shares in two batches. After the first batch, they could issue more shares at a higher price. This way, they could raise more funds!
Many companies had such examples. At the start, the company did not issue a lot of shares. But as the share prices rose, the company's funds increased, and the company would issue the second or third batch of shares. During the second batch of shares, the company's internal shareholders could buy the shares at a lower price. This was equivalent to giving dividends to the shareholders.
By issuing the same number of shares, the company could raise more funds than the first batch. By issuing the same number of shares, the company could raise more funds. But now, the investors who had bought the Sixth Sense Company had taken all the money away. How could Feng Yu not feel bad?!
In his previous life, Feng Yu had not paid attention to this type of company, and there were no similar companies. He had made such a big mistake!
Maybe to many people, this decision was not a mistake. But to Feng Yu, this was a serious mistake. This was because he had allowed others to make more money from him!
"General Manager Feng, our Sixth Sense Company's share prices had soared, and we had achieved such good results. Why are you not happy?" Masao Kameda was puzzled. This time, all the people from the company were excited, but General Manager Feng was frowning. This was not right.
The company had given the market makers a low commission, and the market makers had sold their shares so well. We had made a lot of money this time. If we were to use the price difference to pay, we would have to pay more.
No matter how he looked at it, this listing was a success, and the company would be able to develop further. With the popularity of this listing, it would be easier for them to negotiate business deals in the future. Why was General Manager Feng not happy?
Feng Yu kept mumbling about the losses he had suffered. When Masao Kameda asked him, he raised his head. "Think about it. If we had issued fewer shares and set a higher price, how much funds can we raise?"
Even if he was unhappy, he must not let others be too happy!
After hearing what Feng Yu said, Masao Kameda could not be happy. We had suffered losses from this listing … …
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