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Chapter 200: No opening for three years

 The next two days.

Yahoo's rebound continued, reaching a peak of around US$43.

Su Yehao's total income from investing in Yahoo once again exceeded 100 million, reaching about 140 million Hong Kong dollars.

If you want to ask what it feels like, there is probably only one word "refreshing" to describe it.

This is not because Su Yehao is really that capable. He wins because of his strong capital. Calculating the profit margin earned from Yahoo, it is actually only about 34%.

A hammer in the east and a mallet in the west.

Since the accident in March, Su Yehao himself has earned more than 200 million.

If you include the losses that the designer dad recovered from selling the Hong Kong City real estate and the huge profits that may be brought by investing in Pengcheng, it means that he has indirectly used billions of capital, and his own small treasury has become increasingly abundant.

.

In this situation, both Xiao Nizi and Nong Qingying praised his wisdom and prowess in different ways.

The taste of success is so comfortable...

The last day of October 1997.

Su Yehao checked Yahoo shareholders again and found that almost one-third of the top twenty seats had been replaced, and seven of the top ten shareholders were increasing their holdings.

This shows that his guess is correct.

The vast majority of institutions that are optimistic about Yahoo are still firmly optimistic about the company. Indeed, many people agree with him and took advantage of the trough period to increase their holdings crazily, almost excluding him from the list of the top ten shareholders.

If you had liquidated Yahoo before, it would not be easy to buy it back now. There are fewer and fewer shares circulating in the market, and the stock price has risen accordingly.

First Quanye Securities helped to find out some information, saying that Yahoo's board of directors is likely to choose to split its shares, that is, dividing one share into multiple shares, which will help stimulate an increase in the stock price.

As a super large retail investor, Su Yehao has no interest in this kind of information.

Anyway, I just bought the stocks and held them for a long time. I didn't even sell them during the big drop on the 27th, let alone normal times.

I still have some money left in my hand.

In addition to the funds expected to be used to invest in TAT, KOKO Venture Capital and tourism companies, Su Yehao barely had some pocket money left, so Su Yehao rarely had the luxury of thinking about it.

On the morning of the 31st, he took Nangong Tian to meet with the general agent of Riva Yacht Port City.

The yacht owned by my good friend He Shaofan is branded as Riva, which is equivalent to the Rolls-Royce in the yachting industry. It has a long history and is very high-end.

My old man already owns a yacht more than 40 meters long, which sits beside the dock all year round and eats dust.

This time, what Su Yehao wanted to buy was actually a speedboat. He saw an advertisement in a magazine - a special commemorative edition of Riva Aquarama, the last wooden speedboat code-named 784.

The discounted promotional price is only HKD 2.99 million.

I had communicated with the agent over the phone beforehand, so when I came to the store and actually saw this elegant speedboat, Su Yehao's bargaining had no effect at all, as long as it required three maintenance sessions and a one-week driving training course.

It was hard to arouse Su Yehao's interest in sports cars and the like. He was fed up with the feeling of running close to the ground all day long and looking up at the road.

Moreover, the traffic in the port city is so congested, so there is no excitement on the road as on the sea.

After paying a large amount of money, we started arranging trucks on the spot to pull the speedboat to the beach and started to launch the boat.

You also need a driver’s license to drive a speedboat, so it’s no problem if you are led by an experienced driver.

Su Yehao first took Nangong Tian to find a restaurant for a meal. When he received the call, he rushed to the dock. The speedboat, which was about ten meters long, had already begun to be debugged. The brown wooden hull combines classic elegance with a charming shape.

Normally, driving is as steady as a dog, but Su Yehao didn't dare to try the speedboat when he got it. The coach took them for a long trip on the sea, and they were a little panicked when they couldn't see the land.

After all, everything is available on my yacht. Even if I am drifting for two or three months, I will still have plenty of food.

The speedboat is different, there is not even a place to go to the toilet.

The best combination is actually to take the speedboat out with the family yacht and find a place where no one is around to have fun.

It was really spending money to buy excitement. Su Yehao finally overcame his "practical" consumption concept and sailed on the sea for more than half an hour. When he got off the boat, he felt dizzy...

————————————

The decline in U.S. stocks has basically recovered.

As for the Hong Kong city, it is difficult for falling stock prices to rebound. The mainland stock market has also been hit hard, causing housing prices to fall as well.

Mr. Su is preparing to complete the reclamation work as soon as possible. He has obtained the land and has already started driving. The short-term rise and fall of housing prices will have little impact.

Su Yehao was worried that the old man would give up, so he suddenly thought of helping.

Therefore, he came to the planning drawings of Cultural Tourism City and began to invite a new team from TAT Network Company to be responsible for creating a small game based on the design drawings of Cultural Tourism City.

Preparations have begun for personal space. This mini-game is expected to be launched along with personal space. It mainly uses the background of his own cultural tourism city to grow and steal vegetables. It can be regarded as Su Yehao's attempt at advertising placement.

Now that you have ample funds on hand, you don’t have to worry about spending money anymore.

The North American R&D center of TAT Networks is still under preparation, and the project that the outsourcing team in Bangalore, India was asked to take charge of has not yet been completely completed.

The market in Hong Kong City is limited. After the number of registered users of TAT exceeded 30,000, the recent increase has fallen back. However, some new people join every day, and the daily active accounts remain at around 4,000. The situation is barely good.

The size of the market is such that there is no point in worrying about some things. For example, among the more than 600,000 Internet users in the Mainland, even if everyone applies for an account, the daily active volume will only be 600,000 to 700,000 at most.

After November comes.

Su Yehao often audits economics courses, and at the same time takes time to learn speedboat driving courses. This thing is easier than taking the car driver's license exam. The main difficulty lies in parking the boat and docking, especially "reverse the boat and put it into the warehouse". There is also a booklet required.

remember.

On the 8th.

Nong Qingying found Su Yehao and told him: "The sales volume of Yinhai's documents has exploded after the price reduction."

Su Yehao was helping her assemble a SLR camera. Hearing this, he asked: "What does it mean to explode? Sales are very good?"

"Well, it's only been more than half a month. I sold more than 50,000 units, but I only made a total of more than one million." Nong Qingying was lying at the table, feeling listless. He had a cold and was still coughing from time to time.

Yahoo's stock price rose for several days and reached the threshold of forty-seven dollars again. Both of them made big profits this time.

The 60 million Hong Kong dollars that Su Yehao lent to Nong Qingying and Nangong Tian have not been withdrawn yet. Anyway, just pay the bank interest, which is not much money.

"It's better to make money than lose money. I don't have high requirements for Yinhai. Just stabilize the market share in the short term and survive. You don't need to interfere." Su Yehao installed the lens, picked up the SLR and took a picture of her. Take a look.

The photos on the screen are quite impressive.

Nong Qingying continued: "But as the vice president, I only manage Yinhai now. If I don't intervene, what will I do every day?"

Su Yehao said of course:

"Take a rest, go shopping, watch TV, travel, you can do anything. In the venture capital industry, if you don't open for three years, you will wait for three years after opening. I will tell you when I find a new project..."


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