Hollywood Hunter

Chapter 567: Nokia goes public

It happened to be in San Francisco.

Very old-fashioned job hunting scams. Scammers use 58list to post a series of advertisements for recruiting part-time typists and data entry clerks, and then swindle cash from job seekers for reasons such as entry deposits and training fees. In just one week after 58list was opened, 6 people in the Bay Area were fooled, and the accumulated fraud amount reached 23,000 US dollars.

After the victim called the police, the local police in San Francisco quickly determined that this was a gang fraud.

At the same time, the 58list team was notified as soon as possible and blocked the accounts and posts suspected of fraud.

It stands to reason that the next is naturally the investigation and detection of the case.

However, traditional paper media platforms were already eyeing the launch of 58list. After the fraud occurred, the "San Francisco Chronicle" under the Hearst Group quickly got news, and carried out a special report on the front page of August 18, which was a big attack. The 58list service lacks security.

Immediately afterwards, on August 19, the six victims of this fraud case jointly initiated a class action lawsuit against Eaglet, seeking various compensations of up to 3 million U.S. dollars, and demanded that Eaglet Close 58list website in a responsible attitude to the public.

Many lawsuits in the United States will always be accompanied by very exaggerated claims.

Of course, this time, many people understand that the litigation requiring Eaglet to close 58list is the point. The media had just exposed it, followed by a class action lawsuit. There was even no private contact beforehand. If there is no one behind it, the ghost will not believe it.

Eaglet has anticipated this situation during the preparation of 58list.

According to the website service process, users using 58list must click to agree to the website’s exemption clauses in advance, and at the same time receive a clear anti-fraud reminder. More importantly, 58list does not charge any fees for classified information advertisements posted by users, and naturally does not need to assume responsibility for ensuring the accuracy of information. Therefore, even if this case goes to the Federal Supreme Court, the probability of Eaglet losing the case is almost zero.

However, if 58list really picks itself up completely, it will inevitably damage the corporate image of the entire Eaglet company in the minds of users.

Simon hadn't planned to do this from the beginning.

The exemption clauses and anti-fraud reminders are just to prevent 58list from falling into endless litigation entanglements. Since it happened, Eaglet must try to solve the problem as much as possible and restore the loss of users. In fact, doing so is to protect its reputation and interests.

When the intelligence team of the Westeros family was formed, Simon had already determined the role of this team on the bright side, which was to deal with various hacking, network fraud and other Internet crimes that Igreat might encounter.

Unknowingly, the Westeros family’s intelligence team has more than 200 people. Under the advice of industry intelligence experts, it is distributed in North America, Europe and Australia in the form of a very professional spy network.

The weapon will rust if it is not used for a long time.

Therefore, this intelligence team has been very active under the arrangement of Janet. In addition to the security and prevention work of the Westeros family in the dark, the Simons also intentionally or unintentionally select various targets or arrange some tasks for the team to investigate or Completed, even many of the goals and tasks have no clear purpose. This is just to ensure that the team will not'rust'.

As for the expenses incurred during this period, the question of money is not a problem for Simon.

Therefore, for two years, surveillance and investigation files for various targets were filled with several large cabinets in the basement of Shell Villa. Some time ago, the maid next to the female assistant tried to sell the employer information, but it was actually discovered at the beginning, let alone In the subsequent series of actions, in order to avoid abandoning the child, until now, the maid named Doris Fecher still has eyes staring at her side.

Simon rushed to San Francisco on the same day that the six victims initiated a class action lawsuit on August 19 and personally deployed the detection of the fraud case.

He doesn't trust the police in the Bay Area.

The detectives in American crime dramas are always wise and wise, but the inefficiency of law enforcement agencies in the United States is almost well known. The average detection rate of vicious cases such as kidnapping, murder and arson is only 60%, let alone fraud. This kind of'little things'.

Moreover, some methods cannot be used by formal law enforcement agencies.

This is not a problem for the private intelligence team of the Westeros family.

When Simon arrived in San Francisco, a team in charge of Martin Dinham in the intelligence team had been busy for three days and had basically grasped the direction of the case.

According to the IP information of the post involved in the fraud case, the intelligence team located an Internet cafe in Richmond, in the northern part of the Bay Area. This was originally a project jointly initiated by Igreat and AOL. Now this company has more than 1,200 in North America. The chain of Internet cafes in each store has been owned by IBM and some private equity funds on Wall Street.

The surveillance system in the early 1990s was still very backward, but the team successfully obtained surveillance video of a public area of ​​a bank near the block where the Internet cafe was located.

At the same time, the official files of this case are also in the hands of Eaglet. although

Although a class action lawsuit was initiated, two of the six victims agreed to cooperate with the company's investigation under the lobbying of Eaglet.

After investigating the surveillance video and personally identifying the victim, at around 8 o'clock in the evening on August 19, the suspected target was basically confirmed.

The whole thing seems simple to say. Many of the links do not have enough strength, contacts and skills. To complete it can only be a wishful thinking. In the final analysis, it is a matter of money. This is actually the reason for the low detection rate of the US police. Given sufficient budget and manpower, there are no cases in the world that cannot be solved.

Confirm the suspect target, the next step is to find someone.

Although the Bay Area has a population of more than 5 million, it is not difficult to find the target because the accurate appearance of the suspect is drawn through surveillance video and victim descriptions. At the same time, the general activity area of ​​the other party is locked.

Therefore, it is not difficult for ordinary people to catch criminals when they encounter fraud, especially the traceable Internet fraud and telephone fraud. However, the operators are not willing to trouble, the police are not willing to trouble, and the victims do not want to think about it, and they often have to do nothing.

Simon stayed at Eaglet headquarters until more than nine o'clock in the evening before returning to his villa in the Woodside hills.

The female assistant hasn't rested yet. She sits quietly in the living room of the villa and reads a book. The TV is turned on, only a small figure is heard.

Simon handed the coat to Lady D, went to the sofa and sat down with Jennifer, kissed her on the cheek, and asked, "Is the little guy naughty?"

"No, I should have fallen asleep," the female assistant put down her book, leaned her body a little closer to Simon, and asked, "How about there?"

"It's done, just find someone."

"What about the media as well as class actions?"

"These are things that Jeff and the others have to deal with. We just wait for the results."

Simon said this. He leaned over and put his ear on the female assistant’s belly and listened for a while. There was no movement, so he proficiently bent his fingers and wanted to tap a few times. The female assistant smiled and opened: The baby woke up."

With a few jokes, Simon looked at the time and said, "Do you want me to take you to the bath?"

Jennifer opened her arms to Simon: "Okay."

Simon got up, picked up the female assistant, and walked to the bedroom.

After taking a shower and changing into pajamas, on the big bed in the bedroom, Jennifer lay on her side beside Simon, obviously a little sleepy, she still asked, "Would you like to wait for news from London?"

In Los Angeles, it was August 19, and London was 8 hours earlier than the west coast of the United States. It was already August 20.

Nokia will be officially listed on the London Stock Exchange on the morning of August 20, local time.

The opening time of the London Stock Exchange is from 8:00 am to 4:30 pm, based on an 8-hour time difference. In the early hours of the morning in Los Angeles, the pre-trading inquiry on the London side should begin, and Nokia stocks officially opened. At least one o'clock in the morning in Los Angeles.

Simon didn't intend to wait like this. He shook his head, turned off the ceiling light in the bedroom, leaving only a pale yellow wall lamp beside the bed, picked up a copy of "Walden Lake" beside the bed and said: "Reading for you?"

"Ok."

Simon leaned on the head of the bed, waiting for the female assistant to find a comfortable position beside him, turning the pages of the book and reading softly.

At the other end of the Atlantic, less than seven o'clock in the morning, Nokia’s CEO Joma Ollila and James Rebold, who came from New York specially, gathered in the lobby of the stock exchange headquarters in the City of London.

The difference between the London Stock Exchange and other major exchanges in the world is that it opens at about 8 o'clock in the morning, which is at least one disappeared earlier than the mainstream opening time.

After more than half a year of preparation, Nokia’s IPO valuation was finally determined to be 1.8 billion pounds. According to the exchange rate that has not recovered after the pound crisis last year, it is equivalent to 2.7 billion US dollars, which is about 35% higher than the beginning of the year’s US$2 billion valuation. Benefit from the strong growth of Nokia's performance in the first half of the year.

In 1992, Nokia's revenue was equivalent to US$1.47 billion, and 3.76 million mobile phones were sold throughout the year.

In 1993, affected by the rapid development of the European mobile communications industry, the acceleration of digital communications, and Nokia’s re-entry into the North American market, Nokia’s turnover reached 1.13 billion US dollars in the first two quarters, equivalent to 1992. 76% of revenue, while also achieving a net profit of $129 million.

At the same time, the sales volume of Nokia's mobile phone equipment has increased significantly, with shipments reaching 3.39 million units in six months. This is already close to the whole year of 1992. It is expected that the number of Nokia mobile phone shipments will reach 7 million units in 1993. The annual revenue growth rate will also reach a staggering 80%.

Therefore, the valuation of 1.8 billion pounds is still seriously underestimated in the eyes of many analysts.

According to Nokia's ultra-high growth rate and its revenue and profit in the first half of the year, even the valuation standard of 15 times price-earnings ratio will be very conservative.

However, the valuation of 1.8 billion pounds is actually only equivalent to 10.5 times the price-earnings ratio.

Because of the underestimation of market value and excellent corporate development prospects, in the early stage of the road show, Nokia's stock subscription scale has reached 12 times the issuance scale, which is definitely the most popular new stock on the London Stock Exchange in recent years.

Many media believe that making Nokia the most active new stock on the London Stock Exchange is probably the reason Westeros tolerates a low valuation of 10.5 times earnings.

The lower the issue price, the more active trading after listing, which is more conducive to the future growth trend of corporate stock prices.

Overall, this is a future-oriented choice.

Nokia's development is very healthy and rapid, so the company's future is indeed more important than urgently raising more funds at the IPO stage. After all, neither Nokia itself nor the Westeros system, which continues to expand at a high speed, does not lack funds.

In terms of equity, the total number of Nokia shares held by Westeros is 132 million. After the equity award exchange and internal employee subscription before the listing, the total share capital has been expanded to 137 million shares.

In this IPO, Nokia issued 28 million new shares.

After all calculations are made, after the completion of the IPO, Westeros' shareholding ratio in Nokia happens to be maintained at the originally planned 80%.

Based on the valuation of 1.8 billion U.S. dollars and Nokia's initial total equity of 132 million, the stock issue price was determined to be 13.63 pounds, and the scale of funds raised was 381 million pounds, equivalent to 576 million U.S. dollars.

At the end of August in London, the weather had turned cooler, but the lobby of the stock exchange was hot.

At 8 o'clock, after the pre-opening speech and bell ringing ceremony and other procedures, the inquiry phase officially began, and everyone in the hall turned their attention to the electronic display board on the trading floor.

Fifteen minutes later, looking at a string of numbers on the electronic display board that jumped directly to 15.25 to 15.55, the last trace of suspense completely fell.

At 9 o'clock, after four consecutive rounds of inquiry, Nokia's stock officially opened on the London Stock Exchange. Compared with the issue price of 13.63 pounds, the opening price of Nokia's stock reached 18.12 pounds, an increase of 33%.

In the case of other new stocks, the increase of 33% throughout the day on the first day of trading is actually very good.

However, for Nokia, the opening 33% increase is just the beginning.

Faced with continuous buying demand, Nokia's stock price rose all the way in the following hours.

In the lobby of the exchange, whether it is an extremely excited Nokia executive or media reporters from various parties, looking at Nokia's continued rising stock price on the electronic display board, they even have a feeling of witnessing a miracle.

When Simon got up at seven o'clock local time in San Francisco, he received a transoceanic call from London almost immediately.

James Rebold took the initiative to hand over the microphone to Joma Olia. The Nokia CEO was almost incoherent on the phone, but Simon clearly heard one important point, 106%, and there was one more point before the close. For half an hour, the rally did not stop.

Simon is very generous to Nokia's management, or Joma Ollila, whom he values ​​most.

In charge of Nokia for three years, Yoma Ollila took away 3 million shares of the total 5 million shares of rewards and subscription shares for the Nokia team, which was close to 2% of Nokia’s total equity, and it was a complete stock award. Not many employees’ low-cost internal subscriptions.

Depends on the situation, probably only today, Joma Ollila is expected to become a billionaire.

Run in the Woodside hills as usual, have breakfast with the female assistant, and listen to girl A’s work schedule today, and so on until 8:30, 4:30 pm on the London side, the exchange officially closed, Joma Olila Called again, Nokia's stock price rose at 121% throughout the day, and the closing stock price reached 30.12 US dollars. Therefore, Nokia's market value reached 4.969 billion pounds, equivalent to 7.5 billion US dollars.

As Nokia's largest shareholder, the shares held by Westeros have therefore increased to $6 billion.

In three years, a total of US$500 million has been invested and US$6 billion has been recovered, with a return rate of 1200%.

With Nokia's listing, not only Nokia CEO Joma Olila became a billionaire, but also created a series of multimillionaires and millionaires.

Although Nokia's price-earnings ratio reached 29 times at the close of the day, due to the market's pursuit of Westeros concept stocks and Nokia's own development prospects, major analysis agencies generally predict that Nokia's stock price still has a lot of room for growth. The price-earnings ratio is expected to reach about 50 times.

If this is the case, there is no doubt that after AOL, Cisco and other companies, the Westeros system will once again have a technology company with a market value of tens of billions of dollars.

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