I Want To Be a Rich Man on Hong Kong Island

Chapter 467 [Landland drinking milk 3]

In the afternoon of the same day, Hong Kong Island Commercial Radio and Sing Tao Evening News reported the abnormality of the milk company's stock;

A securities reporter pointed out through analysis that a company wanted to acquire a milk company;

Although it did not specify which company it was, at least it reminded shareholders and avoided unnecessary losses for shareholders.

November 13th, the last trading day of this week.

The stocks of Milk Company and Hongkong Land are still trading normally, and other media on Hong Kong Island remain silent;

In fact, Hongkong Land's acquisition of Milk Company is basically clear;

However, ordinary stockholders on Hong Kong Island have a limited level of awareness.

Moreover, since November 11, this war has been ignited;

The matter of Hongkong Land's acquisition of the milk company was even leaked, and some people were fishing in troubled waters;

What surprised Wu Guangyao was that the stock exchange and the securities regulatory department did not issue an inquiry letter. Isn't this a typical "insider trading"?

Wu Guangyao was not curious why Landmark still chose to remain silent after the news leaked;

According to common sense, after the news is leaked, the stock price of the milk company is bound to skyrocket. Isn't this detrimental to the acquirer?

However, Hongkong Land chose to remain silent and did not issue an announcement immediately, requesting the suspension of trading;

It’s actually very simple, Landmark didn’t even think about paying for it;

They will use the closing price before the start of the takeover war (November 11) to achieve the takeover effect by exchanging shares;

So how much it rises in the middle has nothing to do with Landmark.

Saturday, November 14.

Hong Kong Land took out full-page newspaper advertisements announcing the acquisition of Dairy Farm:

"Jacques Fu Limited and Heshun Limited (both Hongkong Land's financial advisers) are now drafting documents to be sent to the shareholders of Dairy Milk Co., Ltd. on November 21, 1970; Hongkong Land Company shares, exchanged for a share of milk company shares with a face value of 7.5 Hong Kong dollars."

The meaning of Hongkong Land is simple: two shares of Hongkong Land shares are exchanged for one Dairy Farm stock, regardless of the stock price.

Hong Kong Land also published advertisements in newspapers: Based on the closing price on November 11, Dairy Milk shares are worth HK$78 per share, Hong Kong Land shares are worth HK$54 per share, and two shares of Hongkong Land are worth HK$108; , you can get a value-added of 30 Hong Kong dollars.

Hongkong Land also promised in the newspapers that the new company after reorganization would be beneficial to both shareholders;

In order to increase the attractiveness, Landmark even evaluated the assets of the restructured Landmark Milk Company,

Give a high price of 1.35 billion Hong Kong dollars.

"Big lie! British-funded companies really have a way of robbing Chinese-funded companies. It's too insidious!"

After reading the newspaper, Wu Guangyao couldn't help scolding Hongkong Land for its insidiousness.

The acquisition war does not require cash acquisition, let alone him, after all, it happens from time to time in Hong Kong Island in this era;

But Hongkong Land Company told a big lie!

Can Hongkong Land guarantee that its share price remains unchanged at HK$54?

If the milk stock with a market value of 78 Hong Kong dollars is used to exchange one for two, then is Hongkong Land's stock only worth 39 Hong Kong dollars?

It can be seen that Hongkong Land Company cleverly told a big lie.

At this time, there were many people sitting in Wu Guangyao's office, all of whom were his advisors or staff officers.

"Boss, you control the public opinion on Hong Kong Island. If you propose a cash offer now, we can change the outcome of the battle in just one day!" Liu Yu said.

Wu Guangyao waved his hand and said, "Since you have such confidence in us, why don't you watch more dramas! Besides, I not only want a milk company, but also a good reputation!"

Rong Bensheng said: "Indeed, although Hongkong Land's strategy is high, it will not be successful immediately. It will not be successful without more than 20 days; I think we should first form an alliance with Sir Zhou Xingnian, so that we can participate in it legitimately. "

Wu Guangyao still waved his hand and said, "I already have a case for this matter, you just wait for the good show! Besides, if you go to Zhou Xinian now, he may also have a grudge; therefore, we must seize the opportunity!"

According to the closing price on the 11th, the market value of Milk Company is 398 million Hong Kong dollars (total share capital of 5.1 million shares), and the market value of Hongkong Land is 1.89 billion Hong Kong dollars (total share capital of 35 million shares);

The shares exchanged by Hongkong Land Company are naturally exchanged by issuing new shares, that is to say, Hongkong Land Company wants to take the shares in the hands of shareholders without paying a penny.

It is conceivable that the takeover battle of Hong Kong Island in this era lacks laws!

On the same day, Wu Guangyao sent reporters from the Oriental Group to the milk company to find out the facts;

It can be described as a blatant inquiry, which made Wu Guangyao feel that the benefits of owning a media company are too great.

At 5 o'clock in the evening, the reporter sent back the news!

In the face of such earth-shattering changes, the milk company has kept silent, neither held a board meeting to study countermeasures, nor made any comments in the media.

What is Xi Nian doing this week?

Could it be that he really thought he was sure of winning?

In fact, what Wu Guangyao didn't know was that the executive director of the milk company happened to be abroad and was already rushing back;

After all, Zhou Xinian is only highly respected, and his ability to run a company is still a bit weak.

The reporter also said that Henry Keswick, the boss of Hong Kong Land, visited Milk Chairman Sir Zhou Sinian last weekend to discuss the acquisition;

Henry Keswick was very sincere about the acquisition, and believed that the development of the remaining land of the Milk Company would be of great benefit to the shareholders of both parties. After all, real estate was booming at this time, and the development of real estate was more profitable than raising cattle;

Henry Keswick also praised Zhou Xinian's high morals and hoped that after the successful acquisition, Sir Zhou Xinian would continue to serve as the chairman, while he would be the deputy.

Fortunately, Mrs. Zhou was unmoved!

After hearing this, Wu Guangyao was also a false alarm. If Zhou Xinian agreed, his work would not be in vain!

Wu Guangyao would not have bothered with these things if Milk Company hadn't been a Chinese-funded company, which was also the trigger for him to acquire British capital.

On November 15th, the board of directors of the Milk Company finally released the news on Hong Kong Island Commercial Radio and Radio Station:

Dairy Farm employs Luo Fuqi \u0026 Sons (London) Co., Ltd., an internationally renowned financial company, as a financial advisor; Dairy Milk and Luo Fuqi appeal to shareholders to make decisions carefully, and wait for further notice from Dairy Milk's board of directors.

The two sides are sharpening their swords, ready to fight head-on!

Wu Guangyao's heart was itching to see it, and he wished he could get off the stage right away, killing these British capital's buttocks;

However, if he appeared on stage now, what if Zhou Xinian didn't cooperate?

Zhou Xinian said that I don't need your help, and you also want to plot against my company, how embarrassing Wu Guangyao should be!

Moreover, Wu Guangyao had to let Landmark be a little more arrogant, so that he had a reason to buy Wharf!

Compared with Wharf, the milk company is still not enough!

With such a big commotion between Milk Company and Hongkong Land Company, even if Wu Guangyao is not a professional financial person, he knows that the two companies should suspend trading immediately.

However, there is no such thing!

Wu Guangyao remembered that he traded in stocks in his previous life. Such major events were usually suspended in advance, and the suspension was quite long, sometimes for a month, or even a year. Of course, those who had "inside information" beforehand would make a lot of money;

Wu Guangyao still remembers reading the records of Hong Kong Island in his previous life. In the 1970s and 1980s, in Hong Kong Island, such a large-scale acquisition case would never suspend trading for more than three days, basically one day.

It can be seen that there is a big difference between the two places.

On November 16, the stock market opened, and the stocks of both parties traded normally.

On the first trading day of Landmark’s debut, the news of the acquisition of Zhiniu caused the hot stock market to boil immediately.

The opening price of Milk Company was 82 Hong Kong dollars per share, with a premium of 25%, reaching 102.5 Hong Kong dollars per share;

Hongkong Land's stock was slightly inferior, but it also pulled the 'ox tail' to the sky, with a 10% premium to 64 Hong Kong dollars per share.

Because the shareholders of the milk company need to go to the "Central Registry Office" on Pedder Street to register;

Therefore, Wu Guangyao sent people to watch there to see if there were a large number of people registering that day.

As a result, the people who came back told Wu Guangyao the result of the day, it was okay, not too many people, even rare!

Liu Yu said: "Don't worry, the boss, those who have milk stocks in their hands are now driving up the price in exchange for cash! I wouldn't be so stupid to exchange shares."

Wu Guangyao thought the same thing, if it were him, if the price rose by 25% in one day, he would definitely choose to wait and see, or cash out!

Unless the milk stocks on the market cannot be sold because the price is too high, they will choose to exchange shares.

Thinking about it this way, Wu Guangyao understands why Hongkong Land is not in a hurry—milk stocks have skyrocketed, and the higher the stock price, the more unfavorable it is for circulation. At that time, shareholders will have to obediently come to exchange shares.

After all, everyone knows that Milk Company has no future, and Hongkong Land can change the future of Milk Company.

Wu Guangyao suddenly felt that he was still lacking in this aspect;

But with my own strength, do I need to make it so complicated?

In the face of absolute strength, is there any hope for the enemy to escape?