Chapter 1047： Busy Frederick (2/2)

Upon receiving this news, the European financial news media directly fry the pot.

”200 million Aegis”, this number is really amazing. Even if it is divided into four, it is 50 million Aegis on average.

This figure still exceeds 95% of the world's national fiscal revenue. At present, the market capitalization of the world's highest listed company, Austrian Power Group has a market value of only 850 million Aegis.

You must know that the Austrian Power Group controls nearly 60% of the electricity supply in Europe, and it is the world's number one giant.

According to the valuation of the four oil companies in the capital market, the highest one has reached 570 million Aegis. After listing, it is likely to break the leading position of Austrian Power Group in market value.

Of course, there are reasons for high valuations. In this era when petrochemicals are regarded as high-tech products, the listing of oil companies is entirely based on high-tech companies telling stories.

Different from the dreams of other science and technology companies, the oil company's pictures are at least visible and tangible.

Just look at the assets and profits. Put aside the hard-core mechanical equipment, plant and technology. The oil fields under the name of each oil company have billions of tons of crude oil reserves and can generate tens of millions of Aegis profits every year.

Coupled with the annual double-digit profit growth rate promise, and the market's forecast of the future petrochemical industry, high valuations are inevitable.

In fact, if it were not for the division into four, the valuation could continue to rise. As long as the word ”monopoly” is attached to any industry, the capital market will give a super premium.

Take the Austrian Power Group as an example. At its peak, the market value once broke the 2.5 billion Aegis mark. Now that it has fallen, in addition to the stock market crash, the more important thing is that the performance is less than expected.

There is no way, who makes European people poor? Although power grids are popularized in many cities, the bottom people with the largest number of people cannot afford it.

It is anticipated that the industrial electricity consumption will grow. After Shenluo, it is discovered that not every country is keen to promote new technologies, and electric motors are not popular at all.

Coupled with the need to import coal in some countries, the cost of power generation is so high that power grids installed in many overseas cities have suffered short-term losses.

Although the prospects are broad, it is an indisputable fact that performance growth has slowed in a short period of time. The capital market will naturally respond.

In contrast, oil companies are much better. With the vigorous development of the automobile industry, the promotion of internal combustion engines is much faster than that of electric motors, and the growth rate of market demand is also much faster.

...

”His Royal Highness, the pre-IPO equity incentives and pre-subscription work have all been completed, and it is expected to be listed for trading on December 21.”

No matter how fierce the media controversy is, the largest IPO in the financial market of the Holy Roman Empire was launched.

Nobody cares?

That's just too much thinking. If it were not for the deception, the royal consortium would not be prepared to list oil companies.

Whether it is pre-IPO financing or pre-subscription, it is all handled by the royal consortium. How can the valuation of a left-handed game be low?

No one buys it better, it's a big deal to open a small account and eat it all. According to the current market demand, the petrochemical industry is properly the future development direction.

According to the internal estimates of the consortium, once the petrochemical industry chain is perfected, the annual profits of these companies will exceed their current valuations.

In the era when the currency did not devalue, the world's economic growth was not fast. Water dragons cannot be raised in shallow waters. Limited by the overall market environment, companies that can maintain a double-digit profit growth rate each year are absolutely rare.

In fact, such high-growth companies usually do not go public. Unless it is really experiencing financial difficulties, or is about to touch the bottleneck of enterprise development.

Because I am worried that the tree will attract the wind, in order to facilitate the hiding of wealth, I must list my own high-quality companies, which is probably a royal consortium.

”I got it, everything went according to the original plan.”

I don't know why, when everything is finished, Frederick feels empty.