Extraordinary Genius Chapter 746

Extraordinary Genius

Chapter 746 – Wait and See

This was because the more market makersthere were, there will be more compet.i.tion. This way, the gap between the bidand sell price will not be too big, and the commission will be lowered. Thiswas also one of the costs of getting listed.

This time, Feng Yu had gotten Barclays,Goldman Sachs, Citibank, Morgen Stanley, Wells Fargo, etc. to be the marketmakers. All of these inst.i.tutions were American top financial inst.i.tutions.Each of them was able to sell the Sixth Sense Company’s shares at high prices.

Morgen Stanley, Wells Fargo, etc. were alsoUS famous financial inst.i.tutions. Some other financial inst.i.tutions evenapproached Feng Yu.

Feng Yu’s Microsoft shares were not sold tohim by the founders of Microsoft. It was bought from the open market at highprices and had no voting rights. But no one dares to look down on him.

All the representatives of the financialinst.i.tutions wanted to know this super tyc.o.o.n. When the Sixth Sense Company waslooking for market makers, they took this opportunity to approach Feng Yu.

But the representatives from thesefinancial inst.i.tutions could not negotiate with Feng Yu. They felt they hadshown enough sincerity by sending their top management staffs. But Feng Yu knewthat these people were not the final decision-makers and were not interested intalking to them.

Feng Yu wanted always wanted to speak toBill Gates. After all, Feng Yu was also the third-biggest shareholder.

This was what happened. No matter how muchFeng Yu paid for those shares, Microsoft shares still maintained a steadygrowth. This year, the increase will be even faster, and Microsoft will be splittingtheir shares.

Feng Yu will not sell his Microsoft sharesnow. All his profits and liquid a.s.sets were all invested in Microsoft. AsMicrosoft share prices rise, his net-worth also increases.

Were there other shares that grow fasterthan Microsoft? Yes. There was a lot. Even in Hong Kong and China, there weremore than one company’s shares that rise more quickly than Microsoft in theshort term. But those shares only increase for a while, and Feng Yu had to continuallymonitor them. Microsoft, on the other hand, does not need to worry.

Just getting the market makers for SixthSenses Company could tell. Feng Yu had only let out some news, and thoserepresentatives from the financial inst.i.tutions believed it without evenverifying the news.

……

Feng Yu rolled his eyes at Kameda Masao.“10%? Are you belittling those market makers? The shares they sold had nevergrown less than 13% during the IPO. Our shares are issued by so many financialinst.i.tutions. You should be more ambitious.”

Feng Yu shook his head, and Kameda Masaowas slightly disappointed. He had expected too much. But 13% was good enough.Feng Yu continued: “How can 15% be enough? Before the market opens, the marketmakers will have to discuss among themselves about the initial share prices. I estimateour share prices will rise at least 20% when the market opens!”

Feng Yu patted Kameda Masao on his back: “Ihave always turned the impossible to possible. You just wait and see.”

Stock split