The Industrial Giant Reborn

Chapter 89 Successfully Acquired 10% of Wal-Mart Stock

"Chen Sheng, in one hour, 37 people have played on the three devices, and some have played several times, almost 60 rounds." An Qi recorded for an hour, while others ordered beer, popcorn, chicken wings, Sausages and other food, watching football games that I don’t understand on the screen, and Red Bull commercials.

"One piece of equipment with 20 bureaus per hour, that is, the income is 5 dollars. Counting ten hours a day, the income is 50 dollars a day, 1,500 dollars a month?" Chen Zhiwen roughly calculated, this is just a simple estimate, there must be many inaccuracies place.

"According to this calculation, the cost of the bar will be recovered in 2-3 months. However, considering the electricity bill and other factors, especially at night, there must not be as many people as there are now. It is estimated that the average bar will recover its cost in 4-6 months." Cheng Weibin also said Then, their team actually collected a lot of data before.

"But this bar bought three game consoles, and they were all full during the peak period, and they were empty at night when there were fewer people, so the average revenue was a little bit worse, but if they only bought one, the usage rate at night would also be high A lot." Chen Zhiwen thought for a while and said.

"Yes, if you buy less, you will definitely pay back the cost sooner. Ted's bar is willing to buy 3 because of his confidence in the number of customers. Generally, one is enough for a small bar." Cheng Weibin said.

Seeing that Chen Zhiwen was not in a hurry to answer, An Qi on the side said, "One more thing, just now I made a distinction between those who drink and those who don't, and those who drink obviously spend less time playing, that is to say, in the middle of the night, No matter whether they are drinking or not, if they can’t concentrate, each game will be shorter, and this kind of people are not very good at rationality, and they want to continue playing after losing.”

"It makes sense." Chen Zhiwen nodded with a smile.

"There is also this possibility, but not many." Cheng Weibin said.

"Okay, there are so many people playing here at the bar, then we won't be short of customers, at least in the early stage, Cheng Sheng, business in the United States, you still need more snacks." Chen Zhiwen said with a smile.

"Chen Sheng is polite, this is what I should do." Cheng Weibin said hastily. He was originally the sales representative of Red Bull in the United States, and he did the best in the bar business. Therefore, Dangmei's arcade needs the bar as the first When he made a breakthrough, he was transferred and promoted, and he is currently in charge of the arcade business in New York State.

"As for the bar, I know you have a lot of channels. From the current point of view, you don't have to worry about orders, but the number of bars in the United States has an age limit. What do you think, how can we make American students come here often?" Chen Zhiwen continued to ask .

"Student?" Cheng Weibin frowned, not thinking of a solution for a moment.

"This problem may appear in half a year, so we have to think about it." Chen Zhiwen said: "It's not in a hurry. When you are free, you can think about it, or you can go to the local scene to see this group of people. characteristics of the student."

Although we know that the most potential group of students will also be the main customers of our products in a few years or even more than ten years, but it seems difficult to let them play arcade machines on a large scale.

Due to legal reasons, these students cannot enter the bar, and the retail supermarket they often go to can’t spend 3,000+ dollars to buy this kind of arcade machine. The supermarket may have more customers than the bar, but the supermarket customers will not last for a long time. Staying, plus coming to the supermarket is not for leisure and play, and few people will actually pass by and stop to play a few games.

Many supermarkets in later generations can have arcade machines because the price of arcade machines has dropped a lot, and small supermarkets can afford them, and as long as a few people play them a day, they can recoup their costs or even make a fortune.

But it’s not possible now, the current arcade machines are too expensive, and a large number of players are needed to make the buyers of the arcade machines pay back. Therefore, the arcade machines must be placed in a place where customers can stay for a long time. The best place is a bar , this is also the development route of the arcade: starting from the bar

The same is true for other gas stations. If they cannot retain users for a long time, then from the current business point of view, it just won't work.

"Okay, I will try my best to solve this problem." Cheng Weibin nodded and said.

"Okay, An Qi, you don't need to make statistics anymore. Let's drink together, it's rare to relax, and it's rare for the boss to give you a discount." Chen Zhiwen laughed.

"Okay, I want to drink orange juice." An Qi said happily.

Early the next morning, Chen Zhiwen had just finished breakfast at the Waldorf Astoria Hotel when he welcomed a guest from Citibank—investment manager Joey.

"Please sit down." Chen Zhiwen fiddled with the breakfast on the table and said, "I just got up, don't you mind?"

"Mr. Chen, you are my client, that is, my God. I will not say no to God." Joey said with a professional smile.

"OK." Chen Zhiwen ate the sandwich provided by the hotel. To be honest, for Chen Zhiwen, this five-star sandwich or bread is not as delicious as some delicious roadside stalls in Hong Kong. It’s okay. When it comes to food, there is no place that can compare with the Chinese.

"Mr. Chen, at the end of last month, we have successfully purchased Wal-Mart's stock for you to 10% of the holdings. According to your request and within the legal requirements, we made an announcement to the outside world, and within five days Afterwards, we received an invitation letter from the senior management of Wal-Mart to meet with you. Because you were overseas at the time, we also notified you, so we told Wal-Mart that an extension was needed. Now you are already in the United States. I don’t know. What is your answer? "Joy asked.

"You just reply to him. In three days, I will go to the headquarters of Wal-Mart in Arkansas to visit him in person." Chen Zhiwen nodded and said, he came to the United States to check the situation of the arcade. With the historical achievements of this classic game, he is not at all worried that this game will not be popular.

The matter of Wal-Mart is the most important thing when he comes to the United States, the only thing he needs to focus on, because it is related to his business layout in many aspects in the future.

Moreover, if you successfully acquire 10% of Wal-Mart's shares, your wealth on paper in the future will be amazing!

"Okay, after I go back at noon, I will call Wal-Mart immediately," Joey said.

"What is the market value of Wal-Mart now?" Chen Zhiwen asked suddenly.

"About 1.6 billion U.S. dollars." Joey said after a pause.

"Then the stock in my hand is worth 160 million U.S. dollars. If I remember correctly, I owe almost 40 million U.S. dollars to Citigroup, right?" Chen Zhiwen asked after thinking about it.

"Yes, Mr. Chen's memory is very good. Your loan amount from Citigroup is 38.9 million US dollars." Joey said without a moment's pause. The investment he was responsible for involved such a large amount, of course he remembered it very clearly. Basic Requirements for an Investment Advisor.

"That means, I can still take out another mortgage?" Chen Zhiwen asked with a smile.

"Of course, according to the regulations of the banking industry, stocks can be mortgaged with a 30% discount, but Wal-Mart's stock is rated A+, so I don't think it is impossible to get a 20% discount." Joey said with a smile.

The person in front of me is not a regular customer at all, and the cooperation has only been more than a year, but the amount involved is not small, and the investment is very successful. His original capital is only 40 million US dollars, all of which were used to buy Wal-Mart stocks, and later Get funds by pledging the purchased stock to buy Walmart stock again.

Today, with Wal-Mart’s stock price soaring more than 2 times, Chen Zhiwen holds stocks worth 160 million US dollars, while his cost is only 40 million US dollars, including Citigroup’s 38.9 million US dollars in loans, the net profit of this investment is 80 million US dollars US dollars, and more importantly, Wal-Mart Supermarket has developed very rapidly, and its financial report data each time is also very exciting. It expands rapidly, its financial net profit is getting higher and higher, and its scale is getting bigger and bigger. It is a very high-quality stock.

In addition, Citigroup also knows that Chen Zhiwen also owns the Red Bull beverage brand. Such high-quality customers have high-quality assets and high-quality collateral. How could Citibank not pay attention to them?

PS: Ask for a monthly pass at the beginning of tomorrow!