Hollywood Hunter

Chapter 233 Reduction of holdings and cashing out

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A marina in Melbourne's south.

After three days of shooting, "Batman" finally ended the film's first fight scene.

The plot starts with five consecutive murders in Gotham City. Some of the victims were shot, some had their necks twisted, and some had signs of being bitten by animals. According to the clues, Batman successfully rescued Vicki Wahl, the female reporter of Gotham Times, when he was about to be murdered, and followed the murderer along the sewers to an abandoned pier on the edge of the city.

The murderer revealed his true face. It turned out to be a huge monster with sharp teeth and scales resembling a crocodile.

After a hard fight, Batman finally subdued the Crocodile.

At the same time, the frightened Vicky Wahl called the police, and Director Gordon, who was also closely tracking the recent murders, personally led the team to the dock. Because of the arrival of the police, Batman had no time to interrogate the Crocodile, so he had to escape early.

This action scene is followed by a literary scene, which is also the first official contact between Director Gordon and Batman.

The recently started night scene shooting is still eight hours from 6:00 pm to 2:00 am. It is midsummer in the southern hemisphere, and the sky is very long, but usually after the pre-shooting preparations are completed, the night has already fallen.

It was already one o'clock in the morning, after the previous action scene had ended. The scene did not need to be switched too much. The police cleaned up the mess in the original venue. Chief Gordon was reminded and came to a nearby warehouse.

The set here has been completed ahead of time, Simon and the two actors Adam Baldwin and Tommy Lee Jones briefly communicated, and the shooting officially began.

The board was laid down, and all the actors who had been buried in advance moved.

Chief Gordon walked hesitantly to the street lamp in front of the warehouse, while Batman squatted on the edge of the warehouse roof, most of his body was shrouded in a cloak.

The composition of the shot has obvious meanings, Chief Gordon and Batman, one is in the light and the other is in the dark.

Feeling the slight noise above his head, Sheriff Gordon looked up and finally saw the 'wanted criminal' he had also been looking for for a long time.

After a brief confrontation between the two, Gordon spoke first: "Well, although...but, you did a good job."

But Batman didn't mean to greet Gordon, his voice was calm and indifferent, and said, "Have you found the connection?"

Gordon nodded. "Including Vicky Wahl, three journalists have been attacked in the last week. There must be something going on in the city that someone is trying to cover up."

Batman paused, didn't tell Gordon that he actually found five related murders, but said: "I need a report of the alligator's interrogation."

"I won't cooperate with a wanted criminal," Gordon blurted out, aware of Batman's hesitation just now, and he asked again, "Do you still know anything?"

Batman's original words were returned: "I will not cooperate with the police."

Gordon frowned: "Then why do you think I will report it to you?"

"At 12 o'clock tomorrow night, still here."

Gordon shifted his steps in place, as if thinking about how to gain some initiative. After a brief daze, he looked up again, and the figure on the roof had disappeared.

"cut!"

Simon, who was behind the monitor, raised his hand slightly and shouted, and started to replay the footage just now.

Adam Baldwin and Tommy Lee Jones also quickly gathered.

"The emotions are still not in place," Simon explained to Tommy Lee Jones himself according to the playback: "Tommy, this conversation means that the two of you have unknowingly formed some kind of potential tacit understanding, so The rhythm needs to be well-adjusted. Also, the small movements you just made were too deliberate, so adjust them next time."

What Simon needs is a feeling. Naturally, there is no way to tell the two of them how to act in too much detail. They can only figure it out for themselves.

After a brief discussion, the two actors prepared for the second shooting.

When Bruce Wayne was in the state of Batman, he basically had three no attributes, and he did not have high requirements for Adam Baldwin's acting skills, and Tommy Lee Jones was also a veteran actor for many years. Therefore, after taking several shots repeatedly, Simon got the satisfactory effect he needed.

At two o'clock, the crew finished work on time.

Simon went to bed at about three o'clock in the morning, had breakfast at nine o'clock the next morning, and returned to the study in his hotel suite.

Jennifer's main job is to keep in touch with the two companies in North America, and she doesn't need to stay up late on the set with Simon. Simon walked into the study, and the female assistant had prepared the documents he needed to review today.

"We have successfully established 5,000 long contracts of Nikkei 225 index futures on the two commodity futures exchanges in Osaka and Singapore. The open position index is about 31,200 points. The average single-hand margin is 25,300 US dollars, and the total margin payment is 126 million US dollars. Dad thinks , the company only needs to keep a reserve of $50 million to protect against risks, so it can add another 1,000 lots to open positions.”

The original S\u0026P 500 index futures, with 10 times leverage, only required about $15,000 for a single margin.

Nikkei 225 futures are still 10x leveraged. However, the contract multiplier for this index futures is 1,000 yen, which means that the book value of each contract held by Westeros is 31.2 million yen.

In recent years, the yen has continued to appreciate against the US dollar, and the recent exchange rate has reached 123 to 1. After conversion of 31.2 million yen, it is roughly 250,000 US dollars, with a 10% margin ratio

For example, $25,000.

Simon flipped through the documents in his hand while listening to Jennifer's introduction.

In the past two weeks, the growth rate of the Nikkei 225 index has accelerated significantly. In December last year, when the Nikkei 225 index exceeded 30,000 points, the monthly increase was only 623 points, but in the past two weeks, the Nikkei index has risen by a full 860 points, an increase of 2.7%.

I don't know if someone heard the news and started to follow the result.

The only funds that Westeros Company can freely use at present are only the $200 million that has just been transferred from Daenerys Entertainment. The planned 5,000 positions have been completed, and the remaining funds are only $70 million. Simon is not as clear about the trend of the Japanese stock market in the coming year as the North American stock market in October of the previous year, so it must not be full, and it is necessary to reserve a fund to resist the risk that a margin call may be required.

After rough calculation, according to the current position ratio, if the Nikkei 225 index can still reach a high of more than 38,000 points in the original time and space. In theory, excluding the stock index futures trading tax in the Japanese market and the high capital gains tax, Westeros' $200 million principal can probably double by the end of the year, achieving a net profit of 100%.

Compared with the one two years ago, the current one-year operation, 100% of the net profit, is really not a very good business. If Simon made other investments based on the information in his memory, he could actually make so much in one year.

Like buying Columbia Pictures stock right now.

In 1988, Columbia Pictures released a total of 15 films, but the annual box office was only 88 million US dollars. That's right, 15 films, 88 million, and the average box office gross per movie is less than $6 million.

Samsung Pictures, a joint venture between Columbia and hbo, although the box office figures are better for the whole year, the same 15 films, the total box office in 1988 was only 198 million US dollars. It is rumored that the cumulative loss of Samsung Pictures in the five years since its establishment has exceeded 500 million US dollars. In order to hide this fact, hbo parent company Times Group even had to spread the losses to other departments through financial means.

Although the news of Sony's possible acquisition of Colombia has come out, but due to the studio's sluggish performance, Colombia's share price has continued to fall, and even the Coca-Cola Group, which holds 49% of Colombia's shares, has fallen.

Columbia Pictures now has a market value of only $1.6 billion, and its debt ratio has reached 100%. If it falls, it will be insolvent.

However, Simon clearly remembers that in the second half of the year, Sony acquired Colombia, and the final transaction price was 3.4 billion US dollars, which more than doubled. Also, Sony has taken on all of Colombia's $1.6 billion in debt, bringing the entire deal's total to $5 billion.

If Simon enters the market now and buys Columbia Pictures stock, he can also double the return in the second half of the year, and the risk is lower.

However, because he is in Hollywood, Simon's doing so will certainly lead to unnecessary speculation and even an insider trading investigation.

With Ivan Boski, Michael Milken and a number of other arbitrage tycoons who have been on Wall Street for many years have fallen, the FBI that has gained enough prestige and is proud of the spring must hope to put Simon Westero down. Big fish with even more bizarre trajectories are caught in the net.

So, seeing many stock arbitrage opportunities, such as the recent Reynolds Nabisco merger and the Sony acquisition of Colombia in the coming months, Simon has refrained from taking any shots.

While at odds with most hedge funds on Wall Street that are bearish on Japan's stock market, making money from Japan's stock market doesn't have that risk.

Suppressing the rise of Japan is completely the "political correctness" of the United States in recent years.

Of course, the profits generated by hyping Nikkei 225 futures don't necessarily come from Japan, but that's not what Simon needs to care about.

Constantly pondering and calculating in his mind, Simon heard Jennifer relaying James Raybold's suggestion, and nodded quickly after thinking about it: "Yes."

The open interest has increased to 6,000 lots, and the risk is still within the controllable range. Even so, though, expected earnings are hardly enough to satisfy Simon's appetite.

Funding is still a big issue.

Simon does not intend to use loans to speculate on stock index futures, and it is unlikely that he will obtain a loan for this reason, nor does he allow himself to take such risks.

Thinking so, suddenly remembering something, Simon raised his head and asked Jennifer, "Is your father still in the company?"

Jennifer nodded: "It's six o'clock in the afternoon in New York, but Dad is still here. Dad called when you were having breakfast and said he would be waiting for you."

The female assistant picked up the phone on the desk, dialed a series of numbers skillfully, and then handed the microphone to Simon.

After the reduction of Motorola shares, the number of listed technology companies held by Westeros is 25, of which the company holds 16 board seats, and the other 9 only hold shares and do not join the board of directors.

In order to avoid affecting the entire technology stock market in the process of reducing its holdings of Motorola, Westeros issued a one-year non-reduction statement for companies that did not join the board of directors and a three-year non-reduction statement for companies with board seats.

It has now been a year since the announcement, and Simon can now raise more funds for the operation of the Japanese stock market by reducing his holdings of some of the technology stocks.

Spent half an hour on the phone with James Raybold. The two have roughly determined a plan to reduce their holdings of 6 stocks, 3 of which have performed poorly in the past year or so.

, and there are 3 that Simon has long confirmed that it will reduce its holdings, such as Apple.

Simon specifically gave up joining Apple's board for this reason.

When Westeros bought Apple during the stock market crash, the company’s market value was about $3 billion, and it invested a total of $150 million. Counting last year’s small-scale increase, the shareholding ratio just exceeded 5%.

Recently, Apple's market value has increased to 5.3 billion US dollars, and the paper profit of Westeros' holdings exceeds 75%, and the total value of the holdings reaches 260 million US dollars.

While Apple can be remembered as being worth more than $7 billion in the next few years, Simon isn't planning to wait any longer. Of course, he didn't think about selling all of them in the short term. About 5% of the shares are already a large proportion for a listed company. Selling too much at one time will definitely hit Apple's stock severely.

However, with a total of 6 stocks, even if the Westeros company's announcement of a reduction in holdings will have a certain impact on the stock price, it can easily cash out $300 million in the next month. After Daenerys Entertainment completes the financial audit, she can transfer some of the funds to the Westeros Company.

With more than $500 million in principal, Simon can safely increase his position on Nikkei 225 futures to 15,000 lots.

Although more can be invested, Simon also intends to stop.

After the next month's cash-out, when the stock market stabilizes a little, Westeros will continue to reduce its holdings, but Simon intends to use the excess funds to increase its holdings of Microsoft, Intel and other companies' stocks. The long-term investment of this part of the investment The benefits are actually even greater.

Hanging up the call from James Leibold, Simon began to read several documents passed by Daenerys Entertainment.

After reading Robert Iger's report on the abc network asking Daenerys Entertainment to slash the offer for the second season of "Who's going to be a millionaire" and take part in ad placements, Simon made another call to Los Angeles.

In Los Angeles, it was only after three o'clock in the afternoon, and it was time for work.

Daenerys Entertainment was able to make $250 million from the first season of Who Will Be a Millionaire, but abc could only make $80 million. While Simon would very much like this profit-sharing model to continue, he also knows it won't be possible.

The company took advantage of the Hollywood writers' strike last year, and abc won't make that mistake again this year.

Fortunately, Daenerys Entertainment has negotiated a contract with NBC for the next three seasons of "Survivor" ahead of time.

Although the ratings of "Survivor" are higher than that of "Who Will Be a Millionaire", the scale of 1 episode per week and 13 episodes per season does not occupy a large share of nbc programs. NBC also did not have such a strong rebound as abc.

After discussing the negotiation plan with abc, Simon just hung up the phone, but this time the bell rang on his own initiative.

When I answered the call again, it was Sofia Fessi who called from Florence, Italy, where Gucci is headquartered.

On the phone, Sofia said that she had negotiated a 39% stake in Gucci and was continuing to contact other members of the Gucci family.

Although the acquisition agreement was basically reached with the Gucci family last time, the equity of the Gucci family is relatively scattered. The specific price and other conditions need to be discussed separately by Sofia and the three branches of the Gucci family.

Sophia also predicts that because of sufficient funds, she will probably be able to get more than 60% of Gucci's shares, which is higher than the absolute shareholding originally planned.

Simon held the microphone in one hand and spoke with Sophia on the phone, and opened Nancy Brill's development plan for the "Teenage Mutant Ninja Turtles" video game, his expression suddenly a little surprised.

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