America 1919-Chapter 971 - 331, valued at 25 million! _2

But now, things are different. Gordon-Blalock Securities has finally taken what may be the most important step in their corporate career: collaborating with the New Jersey Consortium.

To be precise, while Trident Shipyard is undoubtedly a financially strong company, its future prospects remain questionable. If Trident Shipyard were merely an independent shipyard, its IPO would not generate so much attention.

However, being part of the New Jersey Consortium puts it in an entirely different position.

The New Jersey Consortium’s decision to list Trident Shipyard at this moment signals that the company clearly has significant plans for the future. With the backing of the New Jersey Consortium, though we don’t yet know what those plans entail, we are confident that they have a high potential for success...

For Gordon-Blalock Securities, working with Trident Shipyard at this time actually means forging a partnership with the New Jersey Consortium.

If Gordon-Blalock Securities can handle Trident Shipyard’s IPO brilliantly, they are likely to earn more business support from the New Jersey Consortium....

In this report, the "Wall Street Journal" describes Gordon-Blalock Securities as a securities firm skilled at seizing opportunities, while the New Jersey Consortium is lauded as a crucial pillar that can elevate a securities firm to the top tier.

Once the news broke, Gordon-Blalock Securities became the envy of many securities firms.

After signing the contract with Trident Shipyard, Shaw Gordon and Damour Bral personally visited Paul Warburg to express their gratitude.

"Mr. Warburg, we are deeply grateful for your referral. Without it, we wouldn’t have secured the Trident Shipyard IPO plan!"

Shaw Gordon raised his wine glass and sincerely thanked Paul Warburg.

Paul Warburg laughed heartily, clearly very pleased with the outcome. For him, it was a testament to the camaraderie between Donnie and himself—Donnie was willing to respect him and support the company he advocated for.

"It’s only right. Do your best, and just like the newspapers say, use this collaboration as an opportunity to connect more with Donnie. Previously, everyone thought Donnie had an iron grip on his companies. Now it seems he simply hadn’t needed external funding yet. When he does need funding, he is willing to relinquish some control.

This suggests that the New Jersey Consortium might release more companies for IPOs in the future!"

Paul Warburg’s words invigorated Shaw Gordon and Damour Bral, who responded with smiles, "If that’s the case, we owe Mr. Warburg an even greater debt of gratitude!"

Paul Warburg probed, "This time, what market valuation are Donnie and your team planning for Trident Shipyard?"

Questions like this inevitably touch upon trade secrets, which are not typically disclosed to outsiders.

Shaw Gordon and Damour Bral immediately displayed a conflicted expression.

"Haha, if it’s inconvenient, then don’t feel obliged to share!"

Paul Warburg said casually, as if unconcerned.

"Not inconvenient at all!" Shaw Gordon glanced at Damour Bral before smiling and replying, "We’re very aware of how reliant our success is on Mr. Warburg’s support, regardless of how close our relationship with Donnie might be."

Trade secrets are, in essence, akin to the dynamics between men and women.

Men aren’t inherently loyal; their price for betrayal is simply too low. Women aren’t inherently virtuous; their temptations are merely insufficient.

Just as Shaw Gordon said, Gordon-Blalock Securities’ success could only reach this point with Paul Warburg’s backing. They well understood who their real benefactor was.

"Originally, establishing Trident Shipyard cost Venus Bank $15 million. Recently, German technology was introduced into the company. Of course, these factors can’t serve as the basis for an IPO valuation. The true measure lies in Trident Shipyard’s ability to generate wealth.

Currently, Trident Shipyard’s largest client is United States Logistics. Based on their partnership and the other business operations of Trident Shipyard, with an annual profit of $2 million, our initial valuation for Trident Shipyard was $18 million. However, Mr. Block later insisted that we set Trident Shipyard’s market value at no less than $25 million!"

Shaw Gordon straightforwardly shared Donnie’s valuation expectations with Paul Warburg.

Upon hearing this, Paul Warburg couldn’t help but marvel at Donnie’s greed: "This is a heavy industry company, yet he wants to achieve a valuation more than ten times the annual profit? Donnie truly has an insatiable appetite, doesn’t he?"

Damour Bral remarked, "If it were just an independent shipyard, achieving that valuation would indeed be impossible. But Trident Shipyard has the backing of the New Jersey Consortium, not to mention Donnie’s continuous successes over the years. It’s likely that major securities firms on Wall Street will still accept the valuation!"

Paul Warburg nodded in agreement. Valuing a company’s market worth is a complex matter. While its capital and profits are critical metrics, other considerations such as the industry, backing from key players, and development potential are equally influential in determining a company’s valuation.