Chapter 194
According to the IPO process at this time.
After the roadshow, investors have a deep understanding of ASML and have a valuation in mind.
At this time, they should submit their own quotation to the issuer, including the subscription price and subscription quantity.
Cayman Capital and ASML team will determine an issue price or price range based on the investor's quotation.
Eliminate some invalid quotations and high quotations and determine a price range.
If the price range is determined, the power to determine the final price is in the hands of Cayman Capital and ASML.
Wang Lei's valuation of ASML is around 10 billion to 12 billion US dollars, which is based on ASML's revenue in the past year.
Most companies' valuations of ASML are almost in this range.
The price per share should be between 20 and 24 US dollars.
But now as a troublemaker, Wang Lei will definitely not let major institutions take over ASML's shares so easily.
So he wrote down his quotation early on the quotation sheet:
Subscribe for 75 million shares, 50 US dollars per share!
At this time, Ahebben suddenly received a call, and his face suddenly became gloomy.
Kembauer asked with concern:
"Sister Ahebben, what happened?"
"Brother, something is wrong. Wang Lei suddenly changed his offer. He wants to subscribe for all the issued shares, and the offer is as high as 50 US dollars!"
Kembauer was also shocked, but he quickly calmed down and comforted Ahebben:
"Don't worry, his offer is too high and will be regarded as an invalid offer."
"Brother, this is how naive you are. Everyone knows that Wang Lei is determined to get ASML's shares. If you are Robert of Cayman Capital, would you give up his offer?"
Ahebben vowed:
"I can guarantee that as long as Wang Lei dares to offer, Robert will dare to sell."
Who doesn't want to raise more funds for the company? The total valuation of ASML will also rise.
"I understand what you mean. I must also raise my offer."
Kembauer was still a little hesitant, because Wang Lei doubled ASML's valuation.
If you want to snatch food from the tiger's mouth, you must pay a huge price.
"ASML has long-term investment value. Although they have lost a core team, they are in the world's leading position in the field of lithography... The stock price will remain high after listing. If you subscribe now, you can only make money and not lose money."
Thinking of this, Kembauer took a new quotation sheet.
Wrote on it to subscribe for 75 million shares, with a price of up to US$51 per share.
Collected the quotation sheets of the investors present.
ASML's face became extremely exciting, full of excitement.
Robert, who had expected it, was still calm.
"Sir, it was a good move to let Wang Lei participate in the subscription.
All major investment companies have revised their valuations of us.
Semiconductor companies led by Intel and large private equity firms on Wall Street have offered prices far exceeding $50."
Robert also nodded and ordered:
"From this point of view, subscription prices below $50 have become invalid quotations. We will use $50 to $55 as our issuance range and make the final round of subscription confirmation with the remaining subscribing investors."
When ASML announced the news, there was an uproar below.
"Dirty tricks! There must be something fishy!"
The eliminated investors protested one after another.
They actually regretted it very much in their hearts. Seeing that everyone was so optimistic about ASML, they certainly didn't want to miss this opportunity.
Robert had to personally announce the quotation sheets of all investors.
"To sum up, there is no problem with the issuance range of 50-55.
I can only say that it is a pity, if you miss it, you miss it, but you still have the opportunity to buy shares. ASML will be officially listed on the New York Stock Exchange next, and you can buy our shares in the secondary market."
"As for now, we officially launch the subscription, and the rest of you, please fill in your subscription price again."
"Cayman Capital will determine the final price with the ASML team."
At this time, Robert showed his profiteer look without hesitation.
Aroused a burst of disgust from the crowd.
Does this TM still need a final inquiry? You might as well say the final price is 55 US dollars per share, and then directly divide the fruits.
Listening to the protests of many investors, Robert's expression loosened.
But at this moment, Wang Lei suddenly raised his hand and said:
"Robert, if I offer 60 US dollars per share, can I directly get the subscription of 75 million shares."
This made the whole scene a mess.
Swearing at Wang Lei as a dog rich man.
What made them feel uneasy was thatThe profiteer Robert looked tempted.
Some people wanted to offer a higher price, but the price of $60 per share was too high, far beyond their expectations. They came to make quick money, not to be a buyer.
No one could guarantee that ASML would fall below the issue price after listing.
Seeing Kembauer's hesitation, Ahben instigated:
"Brother, now is the best chance to defeat Wang Lei head-on. No one in the family can defeat Wang Lei now. You can use this opportunity to stand out among the heirs."
Her words seemed to have a magical power, and Kembauer was finally overcome by his desire to win.
He stood up and raised his hand and said:
"Our Poseidon Private Equity is willing to pay $61 to subscribe to 75 million shares sold by ASML!"
That's $4.575 billion!
While everyone was sighing that the Ross family was really rich, they were also glad that someone finally stood up to stop Wang Lei, the big devil.
Robert did not respond, but looked at Wang Lei cunningly again.
He tried to turn the subscription meeting into an auction.
Wang Lei smiled:
"Okay, okay, you win. I might as well invest this money in my own Peninsula Technology Company. I hope that when we meet again next time, everyone will not be so hostile to me."
Kembauer was worried about gains and losses. He took 15% of ASML's shares at a high price of US$4.575 billion. He felt a little bit like a sucker, but when he thought that he would get the praise of the family for blocking Wang Lei, he felt relieved again.
"Ahben, when I get the family's reward, I will thank you very much."
"I'll wait and see!"
As soon as Wang Lei walked out of the venue, several major semiconductor manufacturers caught up with him.
"Mr. Wang Lei, when will Peninsula Technology go public?"
Don't think that these people have no position. They are nothing in front of interests.
Wang Lei thought for a moment and responded:
"Bandong is preparing for listing. I am not Robert and will not do bidding. I will notify everyone when the time comes, and everyone will have a fair competition relationship."
His words undoubtedly slapped Robert in the face, and also showed that he would not engage in ideological confrontation, which made many foreign businessmen praise him.
