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America 1919-Chapter 984 - 335. Creating Myth_3
Donnie declined Jack Morgan’s invitation at this time: "Give me one more month, and we can take action then!"
Jack Morgan was somewhat surprised by Donnie’s response.
With the United Artists listing almost confirmed as an absolute victory, why did Donnie need another month?
But soon, Jack Morgan thought of the situation with the Trident Shipyard and United Artists listings, both companies took just one month to complete their entire listing plans.
So now Donnie needs another month?
Does that mean Donnie has another company preparing for a listing?
Jack Morgan still hadn’t guessed all of Donnie’s plans, otherwise he would definitely have extended an invitation to meet with Donnie then, but he instinctively thought that the company Donnie was looking to list was probably not that significant, and Morgan didn’t have much energy to handle this matter right now.
So Jack Morgan just smiled and replied to Donnie: "No problem!"
After Donnie hung up the phone, he looked at Robert and Café Jackson opposite him and asked: "What is United Artists’ stock price now?"
It was already noon, the NYSE was on a lunch break!
Robert answered: "The closing price this morning was 30 cents per share. According to analysis from ’Atlantic City Post’, ’Wall Street Journal’, and a few other newspapers, United Artists’ closing price today could very likely reach 40 cents per share."
While saying this, Robert felt deeply emotional.
Even though according to this analysis, United Artists’ market value would be 40 million US Dollars, this number didn’t overly impress Robert. But don’t forget, during United Artists’ preparation for listing, the highest valuation was just 13 million US Dollars, more than triple the increase, which can be said to be a miracle in the film industry’s listings.
And the creator of all this was Donnie!
"40 million in market value, does that mean United Artists can raise close to 9 million US Dollars in cash through this listing?"
Café Jackson nodded and said: "That’s roughly the number!"
Donnie was satisfied with this number but still asked Robert: "Have Charlie Chaplin and the other two made any moves?"
Robert shook his head and said: "Not yet. Right now, the ones entering are mostly retail investors. These people can create momentum for the United Artists listing, but they can’t form a unified force. I believe if they want to make a move, they will certainly wait until United Artists’ stock price stabilizes, and after those big capital kicks in, only then will they take action!"
This time, Donnie had United Artists listed, causing considerable unpleasantness with Charlie Chaplin, which strongly motivated Charlie Chaplin to feel dissatisfied with the current share distribution of United Artists. Coupled with the betrayal of Douglas and Griffith, it would definitely prompt Charlie Chaplin to take action on this matter.
For Charlie Chaplin, the best approach is actually to unite with Douglas and Griffith, but having just experienced their betrayal, knowing Chaplin’s strong-minded personality, he undoubtedly will not trust them!
So if Chaplin wants to gain an advantage in United Artists’ share distribution, he’ll need outside capital support.
Douglas himself has his own minor schemes.
Among the three, Griffith probably has the smallest idea right now, but it’s not nonexistent!
"Since they’re waiting, let’s spice things up for them!" Donnie smiled and said to Café Jackson: "Café, tell Jesse to follow the same strategy as with Trident Shipyard, methodically sell off a portion of our shares in United Artists, ensuring it’s the same proportion as Chaplin and the other two!"
Robert reminded Donnie: "Donnie, if we do this, our control over United Artists will be reduced even further!"
Donnie waved his hand and smiled: "United Artists’ current stock price is inflated, it will surely fall in the future. Once it hits rock bottom, we’ll buy it back at a lower price!"
Since Donnie created a listing myth for United Artists, he naturally knows where the core of entertainment stocks lies.
The current surge in United Artists’ stock price is actually akin to impulsive consumption in later generations, when people cool off, returns will become mainstream.
What Donnie needs to do now is to rake in a profit while the price is at its peak!
Seeing Donnie expressing this, Robert said no more.
Café Jackson naturally followed Donnie’s instructions for action.
"Alright, gentlemen, the matter of United Artists’ listing is basically settled now. Next, we need to arrange the listing of the Apollo Chain."
Donnie said solemnly.
The listings of Trident Shipyard and United Artists were just previews that Donnie played for the entire Wall Street. The real headline act is the listing of the Apollo Chain, which holds a monopoly in the United States retail industry.
"This matter indeed requires serious planning. Everything before was just groundwork for this."
Robert said.
Café Jackson reminded Donnie: "Boss, the Apollo Chain is different from Trident Shipyard and United Artists. Its listing news will surely shake the entire Wall Street. By then, all the securities companies on Wall Street will go crazy over this matter, you should prepare a contingency plan in advance!"
Donnie nodded, of course, knowing the sensation of this matter, but this time Donnie had his own plans.
Before Paul Warburg mentioned to Donnie that Venus Bank still has a weakness, Donnie’s task this time is to patch up Venus Bank’s vulnerability!