Chapter 380 Red Envelope Delivery
At the end of 1986, the overall economy of the United States was improving. Except for heavy industries such as steel, automobile and chemical industry, everything else was considered good.
As for new industries such as IT and media, it is a completely different scene. A small Silicon Valley always seems to be able to produce all kinds of miracles.
This year's Compaq continues the legend of those predecessors. A company with a registered capital of US$10 million has rapidly grown into a Fortune 500 company in just a few years.
Regardless of other things, only in terms of time, only the legendary world can compare with it.
Regarding the contribution to GDP, which company is higher but has its own opinion. In the eyes of many people, Legend World is more like a leather bag company, and it does not seem to be as reliable as Compaq.
It's just that the employees of the two companies don't see the problem that way. If you compare the income of these two employees horizontally, you will find that the legendary world is far beyond.
This is the reason for the embarrassing status of the guild organization in his company. William White has his own system of rewards and punishments, which is simply irrefutable.
Those who are disobedient will get out, and those who behave well will naturally receive various benefits. At the end of the year, there is also a super big red envelope.
It has to be said that this kind of domineering is very welcome. The workers don't care about the reasons for all this. Whoever gives them extra benefits is a good person.
"Filson, my debt is a bit too much. The economy here in the United States is not balanced. It is appropriate to reduce some chips."
"Okay, boss. Is the dividend ratio still the same?"
"It's natural. Although it took a lot of money to repurchase, isn't the game cassette selling well? It's better to pay a large dividend."
"Boss, the sales of game cassettes are declining. If this continues, the situation next year will not be optimistic."
"It doesn't matter, you know Filson, we can't win the case from the Ministry of Justice. Instead of being passive after losing, it's better to be a chicken and a dog jumping over the wall."
"That's right, if our game is still good, those third-party manufacturers are obviously messing around."
"Well, let the legal department keep an eye on it. If someone posts an authorization label without authorization, they must be sued for bankruptcy."
"Okay, I'll arrange it right away."
This year, the boss earns a bit ruthlessly, and the group of people under him naturally benefit a lot. All in all, it's been a good year.
The dividend plan of the legendary world is indeed eye-catching. In the case of successive problems, the dividend amount actually exceeded last year by 10%.
Seeing this plan, a group of Wall Street elites basically could only hide their faces and run away in tears. Before that, no company thought highly of his dividends, and believed that the Legendary World needed to stockpile food for the winter.
The reason is also obvious. Various game companies are like bamboo shoots after the rain, one here and one there. When these guys' games are released together, it will naturally reduce the sales of Legendary World.
Do you really think that PS2 is not open?
This is really impossible. There will always be people who are not afraid of death and will come to make trouble. In fact, there is no shortage of such people in the United States.
It's hard to comment on the character of these people, and if nothing else, these guys have always been moral models. The same is true of the current Attorney General. The saddest thing about him is that he likes to follow the old ways too much.
Therefore, everyone thinks that the profitability of Legendary World will decline, and the advantage of monopoly will also weaken. If the estimate is not bad, it may disappear in a few years.
It's just that William White didn't seem to play his cards according to common sense. He didn't intend to live up to it at all, and chose a large dividend again.
How to say this thing, shareholders may be more satisfied, shareholders may not. Someone said, are you kidding, is there a difference between the two?
This is true. At least a few people sitting on the board of directors cannot reduce their stock holdings at will, and these also need to be announced. For those stocks scattered in the market, their holders are more looking forward to the rise in stock prices, which are completely two kinds of mentality.
Those that can guarantee stable stock prices and pay large dividends are naturally the most popular. The legendary world before accepting the antitrust investigation belongs to this type of company.
As the amplitude of the stock price increased, some conservative investors began to take profits. Their risk aversion is the heaviest, and they don't like bouncing stocks at all.
Safe people have left, and the rest are naturally unstable factors. Ever since, the stock of Legendary World began to jump up and down again.
The only difference is that few institutions are willing to undertake the business of short selling. This group of institutions is also very injured. If you admit defeat and leave the field and jump off the building, they need to be held accountable. These losses are not small numbers. If you come one or two more times, the institution will collapse.
The most hateful thing is that the repurchase of the legendary world is obviously not completed, which means that people will come again anytime, anywhere.
Leaving aside this one, William White's other businesses have indeed paid dividends. In an age where cash is king, not many do that.
"Boss, the funds under William White are also shipping. Although the amount is not large, they are very determined."
"Tsk, is there any action here? It's the end of the year, doesn't it seem necessary?"
"Is it possible for the US to delist here?"
"If you don't see it in the short term, don't tell me, if you torment him again, it may really be privatized and delisted."
"Go to Haig, Goldman Sachs to find out if this is possible." Damo's current position is very awkward. Although the relationship with William White has eased, it can't return to the previous state.
The old guy actually thought too much. The current stock price is still relatively strong, so how could it be possible to delist it. Generally speaking, the stock price cannot reflect the fundamentals of the company, so major shareholders will choose to do so.
Legendary World obviously does not have this problem, and the current stock price is basically quite reasonable. Although the Ministry of Justice's nerve knife has caused troubles for the company, it is not so bad that it will be delisted.
No matter how idle William White is, the end of the year is still very busy. At this time, there are always some personnel adjustments and plans for next year.
Speaking of it, this wave of stock market rises deviates from the fundamentals. The return of a large amount of overseas capital is entirely aimed at high interest rates.
There is too much money in the banking system, and the money will naturally flow into the capital market. Even if you know the risk is great, you can do nothing about it.
It is easy for you to take deposits, but it is troublesome to take out loans. After all, interest rates are not low right now.
"Boss, the result of the think tank's analysis is that the risks in the US stock market are increasing, and the current economic performance is lagging behind, which is not enough to support the current stock price."
"Okay, then continue to reduce holdings, first sell financial stocks, then reduce holdings in manufacturing, and put the IT industry at the end."
"Okay, boss. The Xiangjiang stock market is also too active, or they are a little crazy."
"Ha, their size is too small. If you are like this, keep half of the position, move a little slower, and don't cause any twists and turns." In general, William White's policy has begun to become conservative, and he no longer pursues excessively high-yield products .