Reborn as a tycoon in Hong Kong

"The quotation is HK$5.5 per share, with a total market value of HK$8.25 billion; the highest quotation is HK$6 per share, with a total market value of HK$9 billion."

This is the purchase price given by the Secretariat. It is normal to have two prices, but it is abnormal to have only one price, because there is no room for price negotiation.

Lin Baicheng did some mental math after reading it. As of today's close, the actual share price of Hong Kong Electric Group is HK$4.87, which means the total market value is HK$7.305 billion, so let's calculate HK$7.3 billion.

Based on the quoted transaction price of HK$5.5, it is equivalent to a premium of nearly 13%. The British-controlled Yingyao Company holds 20% of the shares, and the premium of 20% of the transaction is HK$950 million, which is equivalent to a premium of HK$190 million, which is almost a premium. 2 billion Hong Kong dollars.

If the transaction is completed at the highest quoted price of HK$6 per share, it is equivalent to a premium of 23.2%. A premium of 20% of the transaction of HK$1.7 billion is equivalent to a premium of HK$340 million.

The difference in transaction price between the highest bid and the lowest bid was a full 140 million Hong Kong dollars, a considerable number.

"I'm afraid the British capital won't be able to accept the offer of HK$5.5, right?"

Lin Baicheng put down the report in his hand. He did not forget that the British capital bought the shares of HK Electric Group at a high price. The actual cost must be higher than the current stock price of HK Electric Group, even higher than the price of HK$5.5 per share.

In other words, if the British capital sells its shares at a price of HK$5.5 per share, it will be leaving the market and losing money.

It is not that easy for British investors to leave with a loss of money, and I am afraid that no one will be happy with it.

Qin Lan replied: "So 5.5 Hong Kong dollars per share is just the initial quotation. As long as the transaction price per share is not higher than 6 Hong Kong dollars, it is appropriate. At least even if the British capital makes a profit, it will not be much. Even if the British capital The possibility of losing money is even greater.”

Lin Baicheng raised his eyebrows slightly: "In other words, do you think the cost price of British capital is above 6 Hong Kong dollars per share?"

"Yes!"

Qin Lan nodded: "According to our judgment, the actual cost price of British capital should be around 6.5 Hong Kong dollars, and should not be higher than 7 Hong Kong dollars at most. If it is higher than this price, I really don't know how British capital was trading at that time. "

"Then calculate it based on the cost price of 6.5 Hong Kong dollars. Even if the transaction is completed at the highest price of 6 Hong Kong dollars per share, the British capital will lose 0.5 Hong Kong dollars per share. 20% of the total share capital of 1.5 billion is 300 million shares, which is equivalent to a minimum loss 150 million Hong Kong dollars. Why do you think British capital can accept this price and this loss?"

Lin Baicheng was slightly sarcastic, saying that at least a loss of more than 100 million Hong Kong dollars was the price of fighting with him. It was quite satisfying to think about it.

"Mr. Lin, the British capital has no choice!"

Qin Lan solemnly said: "This time it was the British capital who took the initiative to leave HK Electric Group. They were the ones who couldn't hold on and surrendered in the first place. Since they admit defeat, they have to admit defeat. They must be prepared to suffer losses. Otherwise, we will It’s impossible for British investors to sell their shares at a higher price and make a huge profit and leave HK Electric Group, right?”

"You're right. You can't let the British capital take advantage of anything."

Lin Baicheng nodded affirmatively. Instead of letting the British capital make money and leave, it would be better to let the British capital continue to be trapped in the Hong Kong Electric Group. At most, the Hong Kong Electric Group would become a target in the next few years and develop in turmoil.

The Hong Kong Electric Group is not small. Lin Baicheng holds nearly half of the shares, worth more than three billion Hong Kong dollars. If something happens to the Hong Kong Electric Group, he will suffer a lot of losses, but he can afford this loss and can limit British capital to the Hong Kong Electric Group. If so, it's worth it.

"Tomorrow I will find out what the British investors are doing and quote a price of HK$5.5 to see what the British investors will do."

The next afternoon.

It was still the Peninsula Hotel, but this time there was no need for Shen Zhou to be the middleman. Lin Baicheng contacted Shi Yadi Shihuai Ya directly and made an appointment for afternoon tea.

While drinking tea, Lin Baicheng got straight to the point: "Mr. Shi Huaiya, I have already thought about it."

"What is Lin Shengqian's decision?"

Shi Yadi Shi Huaiya put down the teacup and looked at Lin Baicheng solemnly.

Lin Baicheng looked at him and said: "I will not acquire your shares. With my current shareholding ratio, if I acquire another 20% of your shares, I will have to launch a comprehensive acquisition of Hong Kong Electric Group, but I am not prepared to do so." By doing this, my shareholding ratio cannot exceed the 50% line."

"Then Lin Sheng, are you unwilling to reach a settlement with us, or are you going to help us raise the stock price of Hong Kong Electric Group?"

Shi Yadi Shihuaya was not too surprised when he heard this. It was normal for Lin Baicheng not to fully acquire the Hong Kong Electric Group. After all, it would require billions of Hong Kong dollars to do so. They jointly guessed that this possibility was not very high.

From the perspective of British capital, Lin Baicheng's net worth of tens of billions of Hong Kong dollars is largely accounted for by two listed companies, Hutchison Whampoa and Galaxy Games. If Lin Baicheng wants to use billions of Hong Kong dollars in funds, he must use shares as collateral for loans or reduce his shareholdings. Cashing out, neither of which is easy to do, not to mention the question of whether it is worth it.

"reconciliation?"

Lin Baicheng was a little amused: "Mr. Shi Huaiya, I don't think that after you leave HK Electric Group, you will turn your hostility into friendship with me. I'm afraid you will continue to oppose me and find ways to deal with me. Am I right?"

"At least we won't do anything else for the time being."

Shi Yadi Shihuaiya did not deny it because it was meaningless and such lies could not deceive people.

"Heh~~"

With a mocking smile, Lin Baicheng was too lazy to say anything more, but said: "I think it's better to forget about it if we cooperate with you to raise the stock price of Hong Kong Electric Group. After you left, the stock price plummeted, leaving a lot of chicken feathers. I was the one who got scolded. I won’t do something like this that does no good at all but only gets me a scolding.”

"Lin Sheng, what do you mean? Are you going to fight us or not?"

Shi Yadi and Shi Huaiya couldn't help but frown. In their opinion, their British capital had bowed their heads to Lin Baicheng. Lin Baicheng should accept their reconciliation instead of fighting them to the end regardless of the high and low. Could it be that they really wanted to take advantage of Lin Baicheng? Is there any way?

Speaking of which, apart from the airlines, there are not many conflicts of interest between Swire Group and Lin Baicheng, so Shi Yadi Shihuai has no intention of fighting to the end regardless of the cost. Making money is the most important thing.

Shi Yadi, Shi Huaiya and others discussed that if they were willing to pay a larger price and find a way to gain the support of parliamentarians from the local side, even if Lin Baicheng had a certain amount of energy in the local side, he would definitely not be able to compete with them. The price to pay is certainly not small.

The more Lin Baicheng struggles to resist, and the more he spends money to find support regardless of the cost, the greater the price they pay, even to the point of being unbearable.

By defeating Lin Baicheng, the direct benefits of Shi Yadi Shihuai Ya and other British capital were actually limited, but the price paid was not small. This was an important reason why they were willing to temporarily reconcile with Lin Baicheng.

"Of course not, Mr. Shi Huaiya, you are too anxious."

Waving his hand, Lin Baicheng did not show off, and said directly: "Although I can't buy the shares in your hands, I can ask friends to help me buy them. However, the price of your shares cannot be too high, otherwise, there will be no People are willing to take over.”

“Whoever wants to take over, it’s all the same to us.”

Shi Yadi Shihuaiya said something and then said: "The key point is the price. It is absolutely unacceptable if the price is too low."

Lin Baicheng asked: "Mr. Shi Huaiya, at what price do you decide to sell the 20% shares you hold?"

"2.1 billion Hong Kong dollars, which is a price of 7 Hong Kong dollars per share."

Shi Yadi Shihuai immediately quoted the price: "If the 2.1 billion Hong Kong dollars can be paid off within one month, then we can lower the price to 2 billion Hong Kong dollars and sell it to you cheaply."

"Cheap? I think Mr. Shi Huaiya, you are not awake yet?"

Lin Baicheng snorted: "As of yesterday's closing, the stock price of Hong Kong Electric Group was 4.87 Hong Kong dollars, which is a premium of more than 40% compared to 7 Hong Kong dollars per share. This is a total amount of more than one billion Hong Kong dollars, so high If you had any sincerity, you would not offer such a high price."

"I don't want you to keep the shares of Hong Kong Electric Group to cause trouble for me, but that doesn't mean you can ask for random prices. If you are not sincere, I think there is no need for us to continue talking. "

"Since you think it's too high, Lin Sheng, then you can set a price."

Shi Yadi Shihuai Ya knew that it was impossible to close the transaction at a price of 7 Hong Kong dollars per share. The British capital offered such a high price because Lin Baicheng was willing to cut it off. It would be best to close the transaction at such a high price. If not, just talk slowly.

"I've had someone calculate it. The stock price of Hong Kong Electric Group is now somewhat undervalued, so I won't let you sell your shares at yesterday's closing price. I will find friends to buy your shares at a price of HK$5.5 per share. Compared with Yesterday’s closing price was a premium of as much as 13%.”

Lin Baicheng quoted the price, but he did not temporarily quote a lower price.

"This price is too low and we cannot accept it."

Shi Yadi Shi Huaiya immediately shook his head, somewhat surprised. Lin Baicheng was indeed quite sincere, even though the price was not yet within their psychological range.

"Mr. Shi Huaiya, you'd better quote a sincere price, otherwise there will be no need for us to continue the negotiation."

However, Lin Baicheng said that if the British capital insists on closing the transaction at a price of 7 Hong Kong dollars per share, then there is really no need to continue the negotiation. At such a price, he couldn't find a friend to take over the deal. If he could find one, it was because of his face. He would have to owe a favor. Lin Baicheng was stupid and did that.

Shi Yadi Shihuaiya immediately said: "Okay, 6.5 Hong Kong dollars per share. This price is already very sincere."

"For a premium of more than 30%, Mr. Shi Huaiya, you still have the nerve to say you are sincere?"

Lin Baicheng was speechless, shook his head and said: "Mr. Shi Huaiya, you want to sell your shares this time and asked me for help. In this case, be prepared for losses and don't quote what you call the cost price. This price There is a huge difference from the actual price of Hong Kong Electric Group.”

"Today's stock price has fallen again. If nothing else happens, the stock price will continue to fall, and the value of your shares will become lower and lower."

"Now I can still talk to you based on the market value of Hong Kong Electric Group, which is worth more than 7 billion Hong Kong dollars. After a while, this market value will no longer exist. After all, just because I can accept it doesn't mean that my friends can accept it."

"HK Electric Group will increase its investment in the mainland in the next few years, and the income will not be very good. If you are willing to be a long-term shareholder of the company, then you can continue to hold shares."

"Lin Sheng, our quotation is already very sincere. The actual market value of Hong Kong Electric Group is no less than 9 billion Hong Kong dollars, and our quotation is only a premium of less than 10%." Shi Yadi Shihuaiya retorted.

Lin Baicheng: "That's because you overestimated the Hong Kong Electric Group. If the Hong Kong Electric Group really had such a high market value, the stock price would not have fallen below HK$5. You know, the recent Hang Seng Index has been rising. Yes, most stocks are rising, but Hong Kong Electric Group is falling."

Shi Yadi Shihuaiya still shook his head: "Lin Sheng, our quotation is already very low."

"Mr. Schweizer, let me tell you this, I only have one quotation, and that is HK$5.5 per share. This is my final quotation."

"I think you should go back and discuss it with your friends. If you can accept it, we will make a deal. If it doesn't work, then I have no choice."

"That's it for today, I'll take my leave."

After Lin Baicheng finished speaking, he raised his glass and gestured to Shi Yadi Shihuaiya, took a sip of tea, stood up and left.

"Lin Sheng, walk slowly."

When Shi Yadi Shihuaiya saw this, he didn't stop him. He wanted to go back to discuss it with others, and for such a huge transaction involving one to two billion Hong Kong dollars, it was normal to have more discussions.

Shi Yadi Shihuaiya did not stay long. After leaving the Peninsula Hotel, he contacted other people and asked them to meet and chat in the evening.

After Lin Baicheng left the Peninsula Hotel, he neither went to Galaxy Financial Building nor Changsheng Pharmaceutical and Biotechnology Company, but went to Asia Television.

It's already around three in the afternoon, and I can't go back to the laboratory to do research and development for a few hours at this time. In this case, I might as well go chat with this beautiful woman Lan Jieying to get acquainted with her.

As for finding friends to buy shares of Hong Kong Electric Group from British investors, there is no rush at the moment until the price is negotiated.

Lin Baicheng can only find someone after the price has been negotiated. Otherwise, when talking to others about this, it will be difficult to say how much capital will be invested, and it will be difficult for others to calculate whether buying the shares of Hong Kong Electric Group will make a profit.

The friends Lin Baicheng is looking for are of course Huo Yingdong, Bao Yugang and others. As for the ones in the United States, it won't work. After all, Hong Kong Electric Group is a Hong Kong enterprise. The careers of Claure Rockefeller, Phil Smith and others are in the United States after all, so it is unlikely to invest in too many overseas companies.

After all, compared with the United States itself, their energy abroad is not that great. If something happens to the company they invest in, they are often beyond their reach, and their investment will suffer losses if they make a bad investment.

Of course, this is not an absolute thing. If there is a high-quality investment target, you will still invest.

As long as the reporting is high enough, a little risk is nothing at all.

There is a saying that is good.

If there is 10% profit, capital will be used everywhere; if there is 20% profit, it will become active; if there is 50% profit, it will take desperate risks; if there is 100% profit, it will dare to trample all human laws; if With a 300% profit, it dares to commit any crime, even sell the noose to hang themselves.