Reborn in 1991, helping dad become the richest man

Chapter 57: I made a lot of money in the first wave!

The chance of winning is much higher than the result calculated when the subscription certificates were first issued.

Because only a little over two million subscription certificates were sold.

However, strictly speaking, it is actually quite low.

The winning rate is almost one in ten.

In other words, regardless of the specific winning numbers, the winning numbers in Tang Xionghua's hand.

According to probability, Tang Xionghua should have won 330 subscription certificates.

On the 3rd and 4th, for two days, Tang Xionghua had been checking the public lottery results at various outlets.

"The results are in, a total of 343 winning tickets!"

Turning around in front of the last bank branch, Tang Xionghua, holding Tang Yichen, suppressed his excitement and muttered softly when they were about ten meters away and there was no one around.

"Well, let's go back first!"

Tang Yichen was actually very excited too.

Three hundred and forty-three.

At the current market price, the minimum subscription fee for a winning number on a white board is over a thousand.

This is all money!

Although this amount of money is actually nothing compared to the overall price of future subscription certificates, this money is not for selling subscription certificates, it is only for the subscription qualification of winning the lottery.

Yes.

Subscription certificates can be bought and sold, and naturally the qualification to subscribe for stocks after winning the subscription certificate can also be bought and sold.

In fact, in the past two days, many of the major sales outlets, salons and streets near the exchange who received subscription certificates have changed their boards.

For example, now Tang Xionghua and Tang Yichen took a few more steps, and someone ran up to them.

"Sir, have you won the subscription certificate?

White board subscription certificate, the winning number of Zhongcheng Industrial and Special Shaped Steel Pipe Company, two thousand five hundred.

The winning numbers of other companies are 1,500.

We only accept subscription qualifications, not subscription certificates. If we include subscription certificates, how about adding two hundred more?"

"Sorry, the two with registration information didn't win either!"

"Sir, are you selling it? I have the registration information. Even if I don't win, I'll take it. 150 each!"

"Do not sell!"

Tang Xionghua refused outright and left with Tang Yichen.

I got to the street, took a taxi and went straight home.

The qualification to win the lottery for selling subscription certificates is not now. Tang Xionghua is not wearing any makeup now, and the subscription certificates she carries with her are not distinguished.

And there is no rush now.

The official subscription will start tomorrow.

The subscription period is half a month in total, so Tang Xionghua has plenty of time to slowly sell out the qualifications for these subscription certificates.

After returning home and closing the door, Tang Yichen and his son immediately dropped the disguises they had put on all the way.

"Hehe, I can finally get my money back!" Tang Yichen laughed.

As for Tang Xionghua, he was calculating quickly:

"We won a total of 65 tickets from Zhongcheng Industrial and Special-Shaped Steel Pipe Company. According to what the person just said, the prize here is 162,500.

There are also 278 subscriptions from other companies, each worth 1,500 yuan, which comes out to 417,000 yuan."

Dad made full use of his brain's computing power and immediately calculated the amount of money he could earn this time.

"Dad, there should be more than that. Many of these guys are middlemen, small fry who can only buy scattered certificates on the street. The price they offer should be a little different from that of the salon or even the exchange."

"Yeah! And the subscription only starts tomorrow, so the price will definitely go up later!"

When Tang Xionghua said this, he clenched his fists, but he was very excited inside.

What Tang Yichen said before about the tens of millions later on, that’s a matter for the future.

And now, what is coming is real money.

Tang Yichen looked at his father and said seriously, "Dad, there's no need to wait. Maybe the price will go up a little later, but there's no need to wait. Don't rush it in the last two days."

After a pause, Tang Yichen continued, "We can only ship in small batches at a time, so we'll start shipping tomorrow, and the time for the second lottery has already been announced.

June 3rd. We have time to go to Las Vegas, so we need to hurry back to get our passports and other paperwork done!

"call"

Tang Xionghua heaved a long sigh after hearing what Tang Yichen said, and then looked at Tang Yichen: "Indeed, your father is greedy.

So, we'll start shipping tomorrow, just as we said before, and limit the number of orders to ten to twenty at a time!"

It is not uncommon for subscription certificates to be sold to those who have won the lottery to obtain subscription qualifications.

Because in fact, there are many people who still have subscription certificates, but people of this generation may not be able to come up with hundreds or even thousands of dollars at one time to subscribe for stocks.

You should know that if you win one lot, you must at least subscribe to 30 shares, which costs 300 yuan.

If you hit a few numbers, you’ll need thousands of dollars in subscription funds.

Moreover, the current stock market has a limited growth limit. Although you will definitely make money in the future if you subscribe to new shares, the increase will only be one percent per day at most.

If you sell it now, you don't need to pay the subscription money, and you can still get several times the stock price in one go.

In this situation, many people think they have made enough money and let go.

Of course, more people may not let go, and may even take advantage of the drop in subscription certificate prices after this wave of subscription ends to collect subscription certificates from everyone and wait for the next three draws.

But this has nothing to do with Tang Xionghua and his son.

They don't have the money to subscribe, nor can they wait for the long-term returns from the current one percent daily increase in the stock market.

It is in their best interest to sell these stock subscription qualifications.

What's more, Tang Xionghua will need money soon.

As for VCD, an exhibition will be held in Las Vegas next month. If nothing unexpected happens, we will have to spend money on research and development after the exhibition.

Although Tang Yichen remembered that the initial amount of money wasn't much and could be gradually increased, no matter how much, he still had to pay upfront. With these hundreds of thousands, he could last until the next lottery draw and sell all the subscription certificates.

In fact, after selling the subscription qualifications of the subscription certificates, part of the money can still be used to purchase some subscription certificates.

After the first lottery, the subscription certificate market fell back a bit, and the outside market price dropped to two hundred.

But this would be very conspicuous and too troublesome.

To be on the safe side, there is no need to do this anymore.

Without a strong backing, one must be cautious and atrophy is the right path. That night, Tang Xionghua and his son slept very late.

On the fifth day, after everything was ready, Tang Xionghua made up himself into a man in his forties with a beard and a green military cotton hat that was very distinctive in those days.

Wearing work clothes inside and a military coat outside, he walked out of the house alone.

The transaction of subscription certificate qualification is simple.

Go to various outlets and negotiate the price with the people who are shouting about acquisition.

After the negotiation is completed, show the other party the subscription certificate number. After the other party pays the money, you can take the subscription certificate to the bank and help the other party subscribe for stocks in his name.

Because it is a blank slate, and the secondary market itself does not restrict people from Shanghai to just Shanghai residents.

This has also led to wealthy people from all over the country flocking in, so that many people are now eligible to purchase subscription certificates for new shares.

In banks and stock exchanges, you can see many people carrying sacks, carrying money on their backs, and shouting through loudspeakers.

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