Reborn Xiangjiang as a Tycoon

Chapter 96 Summary

1978 comes.

Lin Baicheng secretly calculated that it has been nearly a year since he was reborn. Thanks to his hard work, he now has a net worth of more than one billion Hong Kong dollars. Naturally, this net worth of more than one billion Hong Kong dollars does not refer to cash, but to the company

The approximate valuation mainly relies on the company Galaxy Games.

Goldman Sachs' current valuation of Galaxy Games alone has exceeded HK$1 billion. However, if the performance of Galaxy Games is not good enough in the future, the valuation will definitely drop, which is inevitable.

77 years later, Lin Baicheng called Maori Haruko and Isabella to Xiangjiang to take stock of the properties he currently owned and make some summaries, which was equivalent to holding an annual meeting. However, Lin Baicheng's current properties are only a few, with only three

The assistant can just report it to him.

The first person to report was Cheng Yufeng.

"Mr. Lin, here in Xiangjiang, your current industries include Galaxy Game Company, Yum Securities, Asia Television, Jupiter Toys and 25% of Star Daily shares."

"Among them, Galaxy Games Company is currently the most highly valued industry under your name, Mr. Lin, and it is also the most profitable. In 1977, it brought you a profit of about 620 million Hong Kong dollars."

"Yum Securities bought a large amount of Wharf stocks under the guidance of Mr. Lin. After buying low and selling high, it was equivalent to buying 8.5 million shares for HK$25 million in cash, accounting for about 9.45% of the company's total share capital. In addition,

In addition, at your request, I bought Hutchison Whampoa's shares worth HK$100 million, holding 14 million shares, accounting for about 3.5% of the company's total share capital. Finally, you requested HK$50 million a while ago.

Buying the stocks of Cangjiang Industrial Company. The total market value of Cangjiang Industrial Company is nearly 700 million Hong Kong dollars. Because of the need to hide it, the number of shares purchased is not large at the moment. It is expected that 7%-8% of the total equity will be purchased in the end."

"Asia TV, after Mr. Lin's capital injection of 50 million Hong Kong dollars, the market value is around 200 million Hong Kong dollars. Currently, the TV station is making full preparations for the program "Who Can Be a Millionaire"."

"Jupiter Toys Company is cleaning up its inventory at your request, Mr. Lin, and is fully committed to producing Rubik's Cubes. Currently, there are tens of thousands of Rubik's Cubes in stock."

"As for the shares of Star Daily, because Mr. Lin only holds 25% of the shares, you are not involved in the daily operation of the newspaper. At present, the newspaper is doing quite well relying on Mr. Lin's novels, and its market value has steadily increased."

"Since a newly established company can start filing taxes 18 months later at the latest, Mr. Lin, you can file the corporate income tax for 2077 and 2078 together at the end of 2078."

Lin Baicheng nodded after listening. In fact, he knew most of this. Lin Baicheng secretly acquired the shares of Li Jiacheng's Cangjiang Industrial in order to steal Li Jiacheng's home. He planned to wait until the shareholding ratio reached a certain level before looking for Li Jiacheng.

showdown.

The next person to report was Haruko Mori.

"Chairman, in addition to the branch of Galaxy Games, your business in RB is Zhiyin Comics Publishing Company."

"Among them, the game branch has an exclusive relationship with Taito Co., Ltd. for two of its games, so its main job is to keep in touch with Taito Co., Ltd. and observe changes in the game market."

"As for Zhiyin Comics Publishing Company, the 100 million Hong Kong dollars invested by you, Chairman, was not only used to buy the company, but the remaining funds were injected into the company to expand the company's scale. Because the company has just been acquired, the company's performance is temporarily unavailable.

Changes, as always.”

RB is actually just a comic publishing company, and the game branch is not a normal company at all, and there are not many things that need to be done. And the comic publishing company was just acquired, and there are basically no changes, so Haruko Mouri just

There is nothing more to report.

Lin Baicheng was not surprised and asked Isabella to report on the industry in the United States.

"BOSS, in addition to your gaming branch, your business in the United States is also a shareholder of two companies, Apple and Microsoft, as well as your newly established New Century Software Company, and the most important gold futures investment."

"In the game branch, Manager Eric has bought five stores in Los Angeles and New York. A total of ten stores have cost nearly three million U.S. dollars. Now these stores are being renovated. However, the account of the game branch

There is not much money left, so if you want to continue to buy stores and establish channels, you need to inject more funds into the branch."

"Apple and Microsoft are two companies. Among them, Apple is not bad. The company received more funds after you invested in the shares. These funds were used to produce personal computers. Personal computers sold well and made considerable profits. They are now developing well.

As for Microsoft, things are worse. Although the company also received some funds after you invested in the shares, which were used by Bill Gates and Paul Allen to recruit engineers and continue to develop PC software, the company has not made much progress.

Much worse than Apple."

"As for New Century Software Company, it has just been established. Currently, the company only has a few software developers and is still recruiting people."

"In the end, you used $100 million to raise five times the leverage from Goldman Sachs and used $500 million to do long gold futures. Your buying cost price was $163. Today, the price of gold is $185, an increase of about 13.5%. A while ago

The price of gold reached a peak of $192.6, but then fell back, and now fluctuates in the range of $185."

"You bought gold futures with five times leverage, so your profit is about 67 million U.S. dollars. Calculated based on a principal of 100 million U.S. dollars, it is about 67% profit."

"Not bad."

Lin Baicheng is still very satisfied with the increase in gold. In fact, he will ask about the real-time price of gold every three days. He knew when gold exceeded 190 US dollars a while ago, but he only knew that gold would break through in 1980.

800 US dollars, he didn't know whether it could break through 200 US dollars now, so he didn't choose to sell. Now that the gold price has fallen, although he has suffered some losses, there is nothing he can do about it.

Lin Baicheng did not have the ability to do short-term trading. If he only wanted to do short-term trading and sell gold futures to make more money, but if the price of gold suddenly rose sharply, then he would be short and the loss would be too great.

In addition to long gold futures, Lin Baicheng is of course most concerned about the two companies Apple and Microsoft. Apple is developing well, so Lin Baicheng does not need to worry about it; although Microsoft has not made much progress, Lin Baicheng also knows that Microsoft is a computer operating system.

It was just developed, and he didn't know anything else. What's more, he didn't hold the controlling rights of the company, so he couldn't get involved even if he wanted to.

Therefore, Lin Baicheng decided to wait and see for the time being, as long as he did not let Bill Gates and Paul Allen hack his money.

Regarding the establishment of the game branch channel, Lin Baicheng decided to transfer 5 million US dollars to let Eric continue to buy the store. This will not only be a sales channel for future game consoles, but also a sales channel for Rubik's Cube toys in the future. The pace of expansion cannot be stopped.

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(End of chapter)