Reborn as a tycoon in Hong Kong
Chapter 63 Investment
After receiving a loan of US$100 million, Lin Baicheng immediately entrusted Goldman Sachs to help him invest in Microsoft and Apple, and he wanted to become a shareholder of these two companies.
Two companies, Microsoft and Apple, the former was established the year before last and the latter was established last year. The current valuations of these two companies are not high.
Lin Baicheng's requirements are not high. As long as he can buy 10% of the shares of each of the two companies, even if it will inevitably be diluted in the future, his income will definitely not be low. At least the US$100 million loan from Goldman Sachs is not a problem at all.
Lin Baicheng has no resources or reputation in the United States, so it is definitely not as convenient for him to come to the door on his own as it is for Goldman Sachs to go to these two companies to discuss buying shares. It is easier for Goldman Sachs to go to these two companies to talk about buying shares.
In order to win the shares of these two companies, Lin Baicheng did not hesitate to lure them with huge sums of money. As long as Goldman Sachs can help him become a shareholder of these two companies and obtain at least 10% of the shares, he will pay Goldman Sachs three times the normal commission as compensation.
On top of the basic 10% of shares, if Goldman Sachs helps Lin Baicheng obtain 10% more shares, Lin Baicheng will give Goldman Sachs an additional US$500,000 as compensation.
Even though Lin Baicheng's compensation does not seem to be high, the problem is that the current valuations of Microsoft and Apple are not high. He believes that the current valuations of these two companies should not exceed 10 million US dollars. Under normal circumstances, Goldman Sachs The commission you can get is only about US$100,000.
Lin Baicheng gave three times the normal commission as a basic remuneration, and later gave an additional bonus several times the basic commission, so he was not afraid that Goldman Sachs would not contribute.
After handing over the matter of buying shares in the two companies to Goldman Sachs, Lin Baicheng ignored it for the time being. After all, talking about buying shares cannot be concluded in a day or two.
Because he signed a share purchase contract with Goldman Sachs and paid a deposit of US$5 million, Lin Baicheng returned to Hong Kong with US$95 million.
The day Lin Baicheng came back was Sunday. After he came back, he adjusted the time difference and took a rest, so he didn't have time to do anything else.
The next morning, Lin Baicheng came to Yum Securities.
"Mr. Lin!" "Good morning, Mr. Lin!".
There are also many people at Yum Securities now. After seeing Lin Baicheng, the employees said hello one after another.
"Okay! Hello to you too!"
Lin Baicheng nodded and greeted them. In fact, he could not name many of these employees.
Lin Baicheng called Anyuan to his office.
Although he had reported the situation in Xiangjiang on the phone a few days ago, Anyuan still reported it once in front of Lin Baicheng. This time there was specific data to see, so it was more detailed.
"So, I bought 8.5 million shares of Wharf with HK$25 million this time, which is not bad."
Lin Baicheng was very satisfied with the results. In fact, if it were not for the acquisition of Wharf, he would have made more profits. If he does not suppress the stock price, the stock can be sold at a higher price, and naturally he can make more money.
"This is all because Mr. Lin has chosen the Wharf stock with your keen eyes, otherwise we wouldn't be able to make so much money."
Anyuan was not completely flattering, his sincerity was more important. He sincerely admired Lin Baicheng's vision. Not everyone could make a profit of nearly 100 million Hong Kong dollars in the stock market in a short period of time.
Lin Baicheng smiled when he heard this and was not modest. He said: "We can't acquire Wharf at present, so we don't have to worry about it for the time being. Unless its stock price can rise to 30 in a short time Above Hong Kong dollars, otherwise there is no need to sell the remaining stocks.”
"Okay, Mr. Lin."
Anyuan responded, and then said: "Mr. Lin, there are currently nearly 300 million Hong Kong dollars in the company's account. Do you have any plans for the next step?"
"Hutchison Whampoa, do you still remember?"
Lin Baicheng said in a deep voice: "This time, I want you to buy Hutchison Whampoa's stocks secretly. Just like when you bought Wharf, you have to do it secretly and don't let anyone find out. It doesn't matter if it takes longer. The important thing is secret."
"Yes, I will do it well."
Anyuan nodded to express his understanding. He knew that his boss was eyeing Hutchison Whampoa this time and there was a high possibility that he wanted to acquire it.
"Today I will transfer more than 200 million Hong Kong dollars to the company account, totaling 600 million Hong Kong dollars, of which 100 million Hong Kong dollars will be used to buy Hutchison Whampoa's stocks, and I will use the rest to buy gold. You ask someone to Let’s investigate the gold trading market in Xiangjiang. I think there should be gold futures trading in Xiangjiang.”
There were two oil crises in the 1970s, coupled with the collapse of the Bretton Woods system, which led to a bull market in gold in the 1970s. The price of gold rose from US$35 per ounce when the Bretton Woods system collapsed to more than US$850 per ounce in the early 1980s, an increase of more than 20 times.
It is now 1977. When he was in the United States two days ago, Lin Baicheng asked people at Goldman Sachs and learned that the current price of gold has dropped from 200 US dollars per ounce in 1975 to only about 100 US dollars per ounce last year. , but it has rebounded again this year, and the price is now about US$160 per ounce.
At such a price, as long as Lin Baicheng doesn't use too much leverage, buys gold and lets it sit, he can make money properly.
Therefore, even when he was unable to acquire Wharf, Lin Baicheng was not too disappointed. He still had the bank loan from Goldman Sachs, and he could still make a lot of money by investing in gold.
"I'll have someone check it out and get back to you as soon as possible."
Anyuan used to mainly deal with the stock market and had never done gold trading. Therefore, he really didn't understand the Xiangjiang gold trading market and needed someone to investigate.
"Check it as soon as possible and get back to me within the next two days."
Lin Baicheng warned that since he wanted to buy gold, the sooner the better, and don't delay. After all, he couldn't guarantee whether gold would suddenly rise sharply. As for the price of gold, he only knows the general trend. He doesn't know whether it has plummeted or risen sharply in the past.
Anyuan responded: "Okay, Mr. Lin!"
"correct."
Lin Baicheng, who nodded and was about to let Anyuan go out to do things, suddenly remembered: "You should pay more attention to the one million Hong Kong dollars I gave you to operate. I hope you can make some achievements and don't let me down."
"I will try my best, Mr. Lin."
Anyuan responded with a heavy heart. It was really not his strong point in this aspect, but he knew that he had to work hard and achieve results. Otherwise, with the funds currently controlled by the company, if his ability cannot satisfy the boss, his position will definitely be replaced, which is inevitable.
Lin Baicheng thought so too. He was willing to give Anyuan a chance, but if Anyuan couldn't grasp it, he would definitely recruit more capable people to control Yum Securities.
However, Yum Securities will not be without Anyuan's seat. Anyuan's mature experience is what Lin Baicheng needs, but then there will definitely be one more person above Anyuan to manage him.
(Please tell me in the comment area what companies you must invest in in this era, I’m afraid I missed them)
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