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MTL - Internet 2010-Chapter 380 Dreaming of making a fortune
Two hours later, there were still discussions in Chuangmeng's office.
Lin Xinhe was sitting in the main seat. At this time, Liang Xiaohui was talking about Mengguang's valuation.
Liang Xiaohui said, "This month, Mengguang has conducted a C round of financing. Now, everyone knows about Mengguang's plan. Mr. Lu meant that the entire Mengguang's listing will be prepared this year. Here, I think it is possible to create a dream. Do some action.
We see below here. "
Liang Xiaohui cut the slides, and he continued, "First of all, Mengguang is a company with a relatively complex system in the entire Dream Valley. This is the influence of the early dream creation plan.
At present, among the subsidiaries of Mengguang, the most important one is Menggu Payment. In the previous two rounds of financing, Mengguang has successively injected hundreds of millions of funds into Menggu to pay.
Then there are the subsidiaries established by internal projects, including oranges, melon peels, mangoes, 233, and peach.
The initial shareholding ratio of the above-mentioned companies Mengguang is mostly greater than 70%. The remainder is made up of option pools and management holdings. Management shareholding is provided by the parent company with loans to the executives, and the executives make a capital injection. The majority of the management shareholding ratio is 5% shares + 5% options.
In addition, the initial dream plan was to invest in dozens of start-up companies. Excellent performance has Mochao this project. In this part, Mengguang initially holds about 10% of the shares.
As a subsidiary of Mengguang, Menggu Payment has also invested in companies such as Kuailaidai and Mushroom Chicken. "
Liang Xiaohui changed the subject and said, "If all the subsidiaries return all the profits to the parent company, then Lu Zong's requirements for the listing of Mengguang are actually low. Because whether oranges, melon rinds or peach chasing the light, they are all in a certain amount. Commercialization has been achieved to a certain extent, and the financial data is also quite good.
Therefore, the listing of Mengguang should have only two main parts. One is the parent company Mengguang, and the other is Menggu Payment.
We see the financials of both companies coming. "
Liang Xiaohui pointed to the PPT on the next page and said, "In the last fiscal year, the total profit of Mengguang's main business was 600 million. The payment of Menggu has not been disclosed.
Based on the 10 times price-earnings ratio of the listing, Mengguang can actually reach a market value of between 800 million and 900 million US dollars.
And the market value of 2 billion US dollars mentioned by President Lu, let's take a look at the situation.
We still use 10 times PE to calculate, then in the case of Mengguang's business growth of 0%, Menggu Payment needs to contribute 600-700 million profits. In this way, the total requirement of the road can be met only when the PE is 10 times.
For Menggu Payment, we exclude the AB business of Kuailai Loan and Menggu Cloud Flow Loan, and only look at the transaction flow of payment. Without considering many factors, to achieve this profit value requires at least a transaction volume of 120 billion.
As far as I know, the average daily transaction volume of WeChat Pay alone after the Spring Festival this year has reached 1 billion. Even if WeChat Pay cannot maintain growth in the next period of time, its annual payment transaction volume can already be ranked among the top three in China by value.
From these points alone, I think Chuangmeng should be able to make a difference in the matter of Mengguang. "
Everyone in the conference room understood what Liang Xiaohui said. To put it badly, Mengguang's 0% growth, WeChat payment negative growth, and a market value of 2 billion US dollars are all possible.
Managers can look at the current value conservatively, because no one can say for sure in the future. But for investment institutions with a gambling nature, being conservative in this situation is extremely difficult. How can you make high profits without gambling?
For a good business like Mengguang, I'm afraid that Chuangmeng will find a way to pick up a treasure no matter what.
Lin Xinhe watched Liang Xiaohui speak on stage, and he had a lot of thoughts in his heart. Huaxia's top three sounds good, but the first two, whether Alipay or Tenpay, are the annual transaction volume calculated in trillions. Don't you see, what kind of Double Eleven has been done by Ali in the past two years, the transaction volume is already terrifyingly high during one or two days of festivals.
Liang Xiaohui continued, "Everyone knows about the C round of Mengguang. A single share is worth $10, and the valuation is $1.25 billion. Based on the profitability of Mengguang alone, this is overestimated. Therefore, the C round led the investment. DST, made it clear that this business is betting on the growth potential of Dream Valley Payments.
After all, the purpose of this C round of Qian Mengguang is undoubtedly obvious, and a large part is to be injected into Menggu Payment to directly accelerate the development of Menggu Payment.
So I think..."
When Lin Xinhe heard this, he directly waved his hand, interrupting Liang Xiaohui's conversation.
"Xiaohui, set up a team and lead people to do a good job in the investigation. Do it, you can do it, and invest in the name of Chuangmeng C."
But having said that, Lin Xinhe also felt that the funds in the middle were a little tight.
In this round, Mengguang directly raised $150 million. Before the next round of listing? It's only high or low.
It is hundreds of millions of dollars in one hit, and the Dream Creation Fund really has no confidence to ask for such a price with its current financial resources. However, the situation is still unclear~www.novelbuddy.com~ It is also appropriate to arrange for his subordinates to do an investigation first.
In the conference room, the discussion continued even after Lin Xinhe spoke.
Smelling the breath of wealth everywhere, who is willing to stop?
Especially the boss will return to the capital after a while. Taking this opportunity, the investment managers will ask whatever they think of.
When it was time to get off work, Lin Xinhe returned to his office. There were a lot of calls and emails on the phone, as well as WeChat.
As soon as he turned on his phone, a friend's WeChat message popped up in the notification bar, and he just clicked on it.
Bai Yu, "Mr. Lin. What are you busy with? Haven't come here for coffee much recently?
I have something to do. In the past few days, I met a good guy who is doing takeaways, similar to the business of a mushroom chicken invested by your Dream Valley.
BP, I forwarded your email, you can take a look when you have time. It would be better to drop by for a cup of coffee haha. "
Lin Xinhe saw that it was Bai Yu, and the corner of his mouth also smiled.
In fact, this is the owner of the cafe that Luzhou and Rebs went to last year. Lu Zhou only went there once, and after that, Rebs would occasionally call him to go shopping, and he got to know Bai Yu once and for all.
The people are good, and they have some ideas in their early thirties. The entrepreneurial cafes they create are also to serve entrepreneurs, and making money is really second. Bai Yu had recommended one or two teams earlier, but Lin Xinhe didn't succeed, but Rebs gave him a little. I don't know if I will make money in the future, but the temperament of people, anyway, Rebs and Lin Xinhe also think it's pretty good.
Lin Xinhe replied politely, "Okay. I'll take a look first. I'll be back in the capital in two days, and I'll go to your place when I have time."
The words must be polite. After all, who knows what luck is. If you really want to look good, then go have a coffee and meet the entrepreneur, this is not a waste of time for Lin Xinhe.