Reborn as a tycoon in Hong Kong

Thursday, October 16th.

Hong Kong Electric Group.

This morning, not only Lin Baicheng came to Hong Kong Electric Group, but also several shareholders of Yingyao Company, as well as seven people including Iwasaki Fenglong, Huo Yingdong, Bao Yugang, Guo Henian, Zheng Yudong, Hu Yinxiang, and Li Zhaoji.

There were also a few white people, but they were not in the same group as Shi Yadi Shihuaiya and others. The two sides did not stand together. They were naturally employees of the offshore company under Lin Baicheng's name.

Lin Baicheng knew that they were his employees, but they were not high enough, but they did not know that Lin Baicheng was their big boss.

No matter which party it is, each party brings a lawyer.

Everyone is here today to complete the share transaction.

In the conference room.

Lin Baicheng said aloud: "Everyone should take a look at the contract. The transaction price of the shares is HK$5.92 per share. After confirming that there are no problems, everyone can sign."

Of course, let a professional lawyer come to read the documents.

Even though it was just a transaction contract, there were quite a few clauses in it. The lawyers looked at it seriously, so they took a long time to read it.

After the meeting, all lawyers reported to the funder that there were no problems.

After confirming that there were no problems, everyone signed and sealed the contract.

Everyone signed and stamped the contract. Lin Baicheng, the intermediary, took a look at the contract and made sure that there were no problems with the signatures and seals of both parties. These contracts are all legally binding.

Lin Baicheng said: "There is no problem with the contract. After the funds arrive, we will go to the Hong Kong government to notarize the equity change and leave a backup."

"When will the funds arrive?"

Shi Yadi Shihuaiya asked aloud.

"The account will be received within an hour, Mr. Shi Huaiya, don't worry."

Lin Baicheng looked at several British bosses, stretched out his hand and said: "If there is nothing else, please invite a few of them first. Next, we will hold an internal shareholders' meeting, so we won't leave a few of them."

"I hope it will arrive on time within an hour."

Siadi Shihuaiya said and stood up, as did everyone else. None of them planned to stay at Hong Kong Electric Group longer. What's more, they are no longer shareholders of Hong Kong Electric Group, and Lin Baicheng's attitude has made it clear that they are not welcome to stay.

After everyone from the British capital left, the team they brought also left the conference room. Even the white team of the offshore company only had one team leader left.

Lin Baicheng said with a smile: "From now on, we are partners and we are our own people. The development of Hong Kong Electric Group still needs everyone's support."

"Jun Lin, the development of Hong Kong Electric Group still needs more control from you. What we can do is limited."

Iwasaki Mineryu said politely, after all, their combined shares only account for 20%, which is less than half of Lin Baicheng's shares. What's more, there are so many of them, and some of them are not even familiar with each other, so it is impossible to unite. The influence is very limited.

"You can't say that."

Lin Baicheng smiled and shook his head: "If Mitsubishi Bank can help and allow HK Electric Group to enter the Japanese market, it will also be extremely beneficial to the development of HK Electric Group."

"Lin Jun, this is not an easy task."

Mineryu Iwasaki couldn't help but shake his head after hearing this. Hong Kong Electric Group is a public utility, and the company's business is to provide electricity. Electricity, an indispensable energy source in modern times, naturally cannot be choked by foreign companies.

"It all depends on people."

Lin Baicheng was not surprised when he heard this: "Even if Hong Kong Electric Group enters the Japanese market, it will definitely find a partner instead of going it alone. It would be great if Mitsubishi Bank can help pull the strings. If Mitsubishi Bank can do this, If so, I can discuss with other shareholders to increase the number of shares specifically for Mitsubishi Bank."

"If Mitsubishi Bank can do it, I will not object to increasing some shares in Mitsubishi Bank."

Bao Yugang immediately agreed. Although their shareholding ratio will be reduced after the private placement, HK Electric Group's entry into the Japanese market will undoubtedly increase the revenue and profits of HK Electric Group. Even if poor management will lead to losses, this kind of news The emergence of this will definitely cause the stock price of Hong Kong Electric Group to rise sharply, and they will definitely not be able to lose money in the short term.

If Hong Kong Electric Group enters the Japanese market, it means that the market is bigger and has great prospects. If the story is told well, the stock price will not take off even if there are funds to speculate.

Stock market speculation is based on expectations. Whether and how much money Hong Kong Electric Group can make every year after entering the Japanese market has nothing to do with short-term stock traders. It only has an impact on long-term investors who have been investing for several years.

"I don't have much influence in Mitsubishi, so I'll try my best."

Iwasaki Mineryu waved his hand. It was not that he wanted to shirk. He could only try this kind of thing. He could not help Hong Kong Electric Group at any cost.

"Iwasaki-kun, just do your best."

Lin Baicheng didn't force himself when he heard this, and changed the subject: "This time, the share price we delivered with Yingyao Company is HK$5.92, which is slightly higher than the current share price. I believe that after this news reaches the stock market, the company's share price will rebound, isn't it? There is no possibility of reaching the price of HK$6.”

After the transaction price was set at HK$5.92 per share, the stock price of HK Electric Group experienced a rebound, and then fluctuated up and down at the price of HK$5.3.

When he decided to find someone to take over the British capital's shares, Lin Baicheng asked Qin Lan to inform Galaxy Financial Group about the matter, and let Yum Securities decide how to use the news.

And the executives of Yum Securities are not fools. Of course they know what to do, which is to buy HK Electric Group at a low price and buy as many shares as possible.

Today, the stock price of Hong Kong Electric Group has rebounded to around HK$5.3. Yum Securities must have contributed, and everyone or some people here must have participated. Even British capital may have participated.

The reason is very simple. We are not stupid, or our team is not stupid.

After knowing the news, and assuming there are no changes in the transactions between the two parties, the stock price of HK Electric Group will definitely rebound, and it is likely to rebound to around the transaction price of HK$5.92.

The stock price may be lower than HK$5.92, but not by much.

Buying when the stock price is low, and then selling when the stock price rebounds, is completely picking up money. People who don't pick up money are fools, and people who can get their business to this stage cannot be a fool.

"We unanimously agree that the actual value of HK Electric Group is not less than HK$5.92 per share, and now there is a lot of funds in the company's account, so I want the company to spend HK$100 million, and the company's stock price will not be higher than HK$6.5 per share. Under certain circumstances, it is expected to repurchase more than 15 million shares."

This is the short-term benefit that the Secretariat thought of to stimulate the stock price. Coupled with the fact that the British capital has left the market and recognized the quotation of HK$5.92 per share, the double benefit should be more likely to push the share price of HK Electric Group to HK$6.

Lin Baicheng has no control over the long-term stock price of Hong Kong Electric Group now. He only needs the short-term stock price to reach the price of HK$6 and move above HK$6, so that he can explain it to everyone here.

Zheng Yudong asked aloud: "Lin Sheng, if the company spends HK$100 million to repurchase shares, will it affect the company's cash flow and development?"

"Zheng Sheng, don't worry, it won't have any impact."

Lin Baicheng said with a smile: "At that time, in order to compete with me for the controlling stake of Hong Kong Electric Group, the British capital asked Hong Kong Electric Group to conduct a private placement. This private placement allowed the company to obtain HK$950 million in funds. Although the company upgraded lines and It cost some money to build the factory in Shekou, but there is still a lot of cash in the company's account, not to mention that the company receives tens of millions of Hong Kong dollars in electricity bills every month."

"Lin Sheng, since there is a lot of funds in the company's account, can you use more funds for repurchases?"

Li Zhaoji asked with a thought, if he could buy back more and bring the stock price of Hong Kong Electric Group to 7 Hong Kong dollars or even higher, he would mind selling his shares at that time. Lin Baicheng has said before that they can cash out from Hong Kong Electric Group at any time.

If the stock price of Hong Kong Electric Group is higher than 7 Hong Kong dollars, their profit will reach 20%. In a short period of time, such a rate of return is already very high.

"This is not possible for the time being. The company's funds must still be used for development."

Lin Baicheng could not affect the long-term development of the company in order to increase the stock price in the short term. After looking at the people, thinking that they were the company's shareholders after all, he decided to reveal some news to them.

"In addition to Guo Sheng, some of you here may know that I have considerable investment in Malaya and have a good relationship with the Malayan authorities, so I intend to let Hong Kong Electric Group set up a branch there. company, to build power plants.”

"On the Malayan side, the company has no competitors other than their state-owned power plants."

“The Malayan official is now interested in developing the economy and has begun to attract foreign investment to the local area. In the future, there will be more local factory construction, the economy will get better and better, and the electricity consumption will naturally increase. "

Although Malaya is not one of the Four Asian Tigers, it belongs to the Malay Peninsula like Singapore, one of the Four Tigers. The government is interested in developing the economy, so the local economic situation will not be bad in the future.

For power generation companies like Hong Kong Electric, as long as the local economic situation is positive and there are enough factories, that is a good thing.

Kwok Ho Nian immediately said: "The Hong Kong Electric Group is willing to invest in Malaya, and it is not too late for the government to welcome it."

Lin Baicheng said to the crowd: "Stock repurchases can only increase the stock price in the short term, while the development of the company can increase the company's revenue and profits and make the company's stock price continue to rise in the long term, so more of the company's funds must be used for corporate development. .”

"The development of the company is more important."

Zheng Yudong said something aloud, and no one else objected, because what Lin Baicheng said was right.

Furthermore, Lin Baicheng is the major shareholder of Hong Kong Electric Group. Even if their minority shareholders firmly oppose it, it will be useless. It will only worsen the relationship between the two parties.

Currently, Hong Kong Electric Group has nothing major to discuss with shareholders. After Lin Baicheng said everything he needed to say, he called in Levi's, the company's chief executive, and asked Levi's to get acquainted with the shareholders. At the same time, he told the shareholders about the company's main business. business so that shareholders can understand the company.

After nearly an hour, the meeting ended and everyone left.

…

HSBC.

In Shen Cong's office.

"okay, I get it."

Shen Zhou answered the call and quickly hung up. He turned to the four people sitting on the sofa and said, "All the 1.776 billion Hong Kong dollars in the transaction have been received."

The four people sitting on the sofa at this time were naturally Shi Yadi Shihuaiya, Henry Kasik, John Madden, and Michael Kadoorie.

"Anyway, I can be considered as leaving the Hong Kong Electric Group. Hundreds of millions of dollars have been trapped in this company for almost a year."

Henry Kaesik sighed. They bought the shares of Hong Kong Electric Group almost in December last year, and now it is mid-October, a month or two away from a year.

"HK Electric Group is a good company. In fact, if you hold shares in this company and don't cause trouble to HK Electric Group, you can still make money in the long run."

Shen Porridge said aloud, walked over and sat down.

"Instead of relying on the development of Hong Kong Electric Group to make money, it is better to use the money to invest in your own company."

John Madden disagreed. They are different from banks. Banks have good investment targets and can invest in any company. Let them spend large sums of money to invest in other people's companies. The point is that they don't have much influence in this company. , then they cannot accept it.

With so much money, they would rather invest in their own company or establish a new company. At least this way they have control of the company and can increase their influence.

Michael Kadoorie said: "This time we all lost money, so HSBC not only had no losses, but actually made a small profit."

"It is said to be a small profit, but in fact, after taking into account the time cost, it is still a loss this time. And Hang Seng Bank's loss is equivalent to HSBC's loss."

Shen Porridge shook his head. When Ying Capital came to him, he asked Hang Seng Bank to invest in Yingyao Company. Now it seems to be fine. The so-called small profit has been extended to more than ten months, but it is actually nothing. made money.

Hang Seng Bank is under the control of HSBC, but HSBC only holds 51% of Hang Seng Bank's shares. This means that if Hang Seng Bank loses HK$100 million this time, HSBC's loss will actually be only HK$51 million.

Of course, Hang Seng Bank did not lose as much as HK$100 million this time. It showed a profit on its books. This is just an example.

Hang Seng Bank previously acquired 10% of the shares of Yingyao Company for HK$250 million, which means that Yingyao Company is worth HK$2.5 billion. However, at that time, Hang Seng Bank bought the shares at a price of less than 10%, which means that the actual value of Yingyao Company is It is 2.8 billion Hong Kong dollars.

This 2.8 billion Hong Kong dollars is the total cost.

Several people here have calculated that after selling all their shares at HK$5.92 per share, the capital they spent selling all their shares is HK$2.52 billion, which is only HK$20 million higher than when Hang Seng Bank bought shares.

Hang Seng Bank holds 10% of the shares, which means it can get HK$252 million. The original investment cost was HK$250 million, and the profit on paper was HK$2 million.

But if the time is extended to more than ten months, the profit of 250 million Hong Kong dollars is only 2 million Hong Kong dollars, which is not a profit at all. The annual interest rate of bank loans can be at least 8%, which is 20 million Hong Kong dollars.

Comparing 2 million to 20 million, you will know at a glance whether it counts as making money or losing money.