Chapter 1677 [Evaluate the Aerospace Power Energy Company? Inestimable! ]

Jingxinju Villa.

Tian Jiayi came back from the company and brought back a meeting minutes document. At this moment, he was reporting to Fang Hong: "Today, the SGX and the core layer of the Qunxing Group discussed whether it is possible to arrange the listing of the 'Space Power Energy Company'."

Hearing this, Fang Hong said directly: "It's too early. There is no need to discuss this issue at the moment. The SGX market can only accommodate listed companies with a scale of 20 trillion. 30 trillion is basically the limit, and the scale of the 'Space Power Energy Company' is far above 30 trillion. The current SGX can't handle it at all."

Fang Hong added: "Not to mention that the SGX can't handle it now, the space solar power station has not officially started construction. This is too aggressive. There is a difference between being bold and going to extremes."

After thinking about it, Fang Hong directly concluded: "The listing of this company will not be solved within 30 years. There is no need to consider it. It is not appropriate to give a high valuation, and it is even more inappropriate to give a low valuation. Besides, Jiuzhou Blue Arrow has already been listed. This company holds 33% of the shares of the "Aerospace Power Energy Company". If the market wants to gamble, it can go to Jiuzhou Blue Arrow first. "

Hearing this, Tian Jiayi lowered his eyebrows and thought for a while, and couldn't help saying: "So, although Jiuzhou Blue Arrow's market value was surpassed by Xingyu Automobile today, it will still surpass it in the next 30 years and will remain the top market value in the SGX market for a long time. "

Fang Hong nodded: "Inevitable, and it won't take too long."

In fact, in the early years, when Xingyu Technology broke through the 10 trillion market value, there was a hot topic of discussion, which company has the hope to surpass Xingyu Technology in the future, or no one can challenge its position as the top market value?

At that time, the investment community generally believed that Matrix Quantum had great potential.

Although the market value of Matrix Quantum was less than 5 trillion at that time, and it was left behind by Xingyu Technology by more than a whole body, everyone believed that if there was a company that could surpass the market value of Xingyu Technology, then only Matrix Quantum would have the best chance to challenge it.

Of course, this topic has no meaning to be discussed now, because no one expected that before that day came, the "big and small kings" would be split into 9 subsidiaries.

However, at that time, in addition to Matrix Quantum, a strong candidate was added soon, that is, Jiuzhou Blue Arrow.

At that time, Jiuzhou Blue Arrow's market value had just passed the threshold of 500 billion, which was an order of magnitude different from Xingyu Technology at that time, a full 20 times of market value gap.

The biggest reason for being able to become a candidate to surpass Xingyu Technology was that at that time, the "Sun Chasing Project" was officially announced to launch the "Space Light Power Station" project. Jiuzhou Blue Arrow, which holds a 33% stake in the Aerospace Power Energy Company, has infinite imagination space.

As long as the "Space Photovoltaic Power Station" is successfully built and put into operation, it means that the energy available to human civilization will directly increase exponentially by hundreds of times.

If it is only active on Earth and maintains the current level of energy consumption, the energy collected by just one "Space Photovoltaic Power Station" can supply an inexhaustible supply of more than 8 billion people on Earth, and it will not even consume a quarter of the energy collected by the Space Photovoltaic Power Station.

But there is no doubt that when the "Space Photovoltaic Power Station" is really in operation, human demand for energy will also increase exponentially, because space activities will be unprecedentedly frequent, and its energy consumption will also increase exponentially unprecedentedly.

The "Orbital Reef Space Station" that permanently operates in Earth orbit is expanding like building blocks, the construction of lunar bases, lunar orbital starport projects, super space ships, and even the "Galaxy City" construction plan at the more distant Earth-Moon Lagrange point.

This series of short-term, medium-term, long-term, and ultra-long-term space strategic planning projects are all energy-consuming monsters.

In this way, the energy supply of just one "space solar power station" in the future will definitely not be enough to meet the energy consumption needs of mankind, and the second or even the third one will have to be built later...

At this moment, Tian Jiayi tilted his head to look at Fang Hong: "Will Jiuzhou Blue Arrow also be split and reorganized in the future?"

Fang Hong smiled and said: "Whether to split or not depends on the impact on the SGX, and then on the future development of the SGX, and further on the capital market game with the old magnesium. The faster the financial system of the old magnesium weakens, the faster the SGX market grows, and it can take on bigger pieces, so there is no need to split Jiuzhou Blue Arrow."

The split and reorganization of Xingyu Technology and Matrix Quantum is because the two companies are developing too fast, and the growth of the SGX market cannot catch up.

It is not appropriate to suppress the rise, which is equivalent to the best core assets being bought by foreign capital, but if they are not suppressed, they will rise, one will go to 30 trillion market value, and the other will go to 20 trillion market value.

The two giants are aiming for a market value of 50 trillion, and the current SGX is really a bit overwhelmed and very struggling, so it has to split into nine companies to operate independently.

Obviously, it is also a compromise.

In this way, even if these nine companies can reach the 10 trillion level, the overall market of the SGX market will not be affected by any single listed company.

And it is precisely because the "Big and Little Kings" were split into nine subsidiaries that it opened up space for Jiuzhou Blue Arrow. Even if it were to grow to 20 trillion or even 30 trillion in size, the SGX would be able to absorb it. live.

After all, if Jiuzhou Blue Arrow really grows to a size of 30 trillion, the SGX market will not be able to stand still.

With the subsequent listing of several spin-off companies, the SGX Trillion Market Capitalization Club will exceed 33 companies. That is, there will be 33 stocks among the 50 constituent stocks in the SGX 50 Index with a market capitalization of trillions. level exists.

In a few years, it will be difficult to say that one is a super large-cap stock if the market capitalization is less than one trillion. A market capitalization of one trillion can only become the gatekeeper of the constituent stocks of the NSE 50 Index and the threshold for being selected as a constituent stock. This is an inevitable fact. , it’s just a matter of time.

"The current valuation of aerospace power energy in the investment community is generally believed to be 30 trillion. Do you think this number is reasonable?" Tian Jiayi discussed this topic curiously.

When Fang Hong heard this, he said calmly: "There is no practical significance in valuing this company now, because it is immeasurable. Either don't estimate it or start with 50 trillion to 100 trillion. The true meaning of human civilization will reach the earth." The role and significance of the 'space light energy power station' in the wider expansion of the deep space of the universe is self-evident."

Having said this, Fang Hong glanced at the beautiful assistant and smiled and said: "How much do you think it is worth to expand the boundary of human civilization from the small earth to the entire solar system? How to value it? I can't estimate it either. , and no one can estimate it, so it doesn’t make much sense to talk about it now. Let’s talk about it thirty years later.”

...(End of chapter)