Font
Large
Medium
Small
Night
Prev Index    Favorite Next

2959【MGM Grand Hotel】

In his previous life, Microsoft became the world's highest-capital company with its unified Windows operating system, with a market value of up to 560 billion US dollars at its peak.

However, in this life, because of the genius operating system competing with it, Microsoft's market value has shrunk significantly, only more than 360 billion US dollars. Although it is also very powerful, it is quite inferior to the previous life.

Nowadays, because of its successful acquisition of Tianxia Production, the movies released by Tianxia Production have achieved very good box office and reputation since December, such as "Harry Potter and the Sorcerer's Stone", "The Peerless Heavenly Tribulation", "The Matrix", "National Public Enemy", etc., and therefore, the market value of AOL-Tianxia Production soared, surpassing Microsoft to become the world's largest company.

This move further aggravated the development of the Internet bubble. The Nasdaq index soared from the previous 4,500 points to 5,600 points, setting a historical high.

In 1995, the Nasdaq index had just reached 1,000 points. In five years, the Nasdaq index rose five times, which shows how inflated the Internet bubble is.

But Xia Tian knew that the explosion of the Internet bubble was right in front of him. If God wanted to destroy it, he would first make it crazy! At this stage, except for a few Internet companies, most companies are not profitable at all, and they don’t even have a clear profit model. However, the market value of these companies is higher than that of traditional and old giants.

For example, Yahoo's market value reached US$1,28 billion in January this year, but its profit last year was less than US$200 million, and its price-to-earnings ratio was as high as more than 600 times.

In comparison, in 2019, Amazon had the world's largest shopping website, as well as technologically advanced cloud services, and film and television companies that challenged Hollywood, with annual profits of more than $11 billion. Its P/E ratio is only 300 times, but it is only half of Yahoo, but it has been controversial.

From this we can see that the Internet bubble at this stage is already very serious. The valuations of these Internet companies have far exceeded their actual value.

So Xia happily sold all the Yahoo, Amazon, American Online and other stocks they held.

In 1997, Xia Tian knew that the Internet fever was coming, so she invested one billion US dollars to buy stocks of these listed companies. Because the Internet industry was in full swing at that time, the stock price was not high, basically only a few dollars per share, so Xia Tian bought a large number of stocks.

Now that the Internet bubble is about to explode and the craze is about to fade, he will naturally no longer be nostalgic. And if he buys and sells, he will make a net profit of more than 50 billion US dollars in summer.

In more than two years, a billion investment has been exchanged for 50 billion, which has increased by more than fifty times, which shows how serious the Internet bubble is now. It is precisely because of this that Xia Tian specially instructed Michelle to pay attention to the changes in the Nasdaq stock market and be ready to short and buy at any time.

...

In March, Wang Qixian finished filming "Joe Single Diary". After discussing with Xia Tian, ​​he decided to go back to Taiwan to visit his family.

"Joe Single Diary" is "BJ Single Diary", but because it is starring Wang Qixian, the name has changed slightly.

This time I returned to Taiwan and visited Wang Qixian's family, Xia Tian also wanted to transfer some of Taiwan's industries.

Because this year is also the year of Taiwan’s general election, the DPP will defeat the old Kuomintang and win the general election. In this way, Taiwan’s ecology of ruling will inevitably change.

In turn, sarcotics will affect the economy and affect the relationship between summer and the mainland, so summer must seize the time to transfer sensitive industries.

"Brother Tian, ​​how long can we stay in Taiwan this time?" Wang Qixian asked Xia Tian.

"It may not be long, it will only last half a month at most." Xia Tian thought for a while.

"It's good for half a month." Wang Qixian nodded, "Brother Tian, ​​it seems that there is something in your words. Will something happen in half a month?"

"That's not true, but I've been busy with all the business recently, so I really don't have time to relax." Xia Tian smiled.

Although the company has been listed, the Internet bubble is about to explode. This time, the market value of US$5 trillion will evaporate, and the business opportunities contained in it are even greater than that of the Hong Kong stock market crash. There is no need to make more money in the summer, making 100 billion US dollars is enough.

In addition, he is also acquiring MGM and is preparing to buy the MGM Grand Hotel under Kirk Kerryan. After acquiring MGM, Kirk Kerryan sold MGM's assets and founded the MGM Grand Hotel and so on.

The smartest thing about Kirk Kerryan is that although the MGM Grand Hotel was founded by MGM funds and named after it, through a series of operations, he actually turned the MGM Grand Hotel into his own industry.

Today, the MGM Grand Hotel is one of the largest and most luxurious hotels in Las Vegas, and naturally the casinos are indispensable. It is precisely because of the MGM Grand Hotel that Kirk Kerryan became the most prominent Las Vegas gambling king.

If you want to interfere in Macau's gambling industry in summer, you must be a person in the circle. He doesn't have to interfere in Macau's casinos now, because now there is only one gambling card in Macau, which is in the hands of Ho Hongshen.

Ho Hongshen adopted the practice of dividing and conquering the gambling halls, gambling tables and other parties in his casinos to major associations in Hong Kong and Macao. In this way, he can not only charge the largest contract fee, but also check and balance between major associations, but also put Macau in an unstable balance.

Especially since major societies have something to ask for him, they naturally dare not offend him, and no one dares to disrupt his business, so he was able to overtake these societies and let these societies help him make money.

If summer intervenes in Macau now, on the one hand, there are a few gambling tables and a few gambling halls, he doesn't make any profit at all, and he doesn't like this. Moreover, if this happens, it will offend many clubs and provoke some outlaws, which is not worth it for him.

On the one hand, it would be very unrealistic if he wanted to steal the gambling license from Ho Hongshen. Ho Hongshen had been operating in Macau for more than 40 years, his power was intricate and deeply rooted, and he was even more reliable than Li Jiacheng's position in Hong Kong.

Therefore, if you want to interfere in the gambling industry, you can only go another way. From a global perspective, the well-known gambling industry centers are nothing more than Monte Carlo in Monaco and Las Vegas and Atlantic City in the United States.

There is no power in Monaco in the summer, so it is impossible to get involved in other people's gambling industry. So you can only choose in Las Vegas and Atlantic City.
Chapter completed!
Prev Index    Favorite Next