At this time last year, Hongkong Land's market value was only about HK$4.8 billion, and then because Hongkong Land sold some of its shares in Wharf, as well as the equity of some other companies, it stands to reason that its assets have shrunk somewhat, and the market value should have fallen.

But one is because after a year, the Xiangjiang stock market has risen a lot compared with a year ago, and the market has risen, and Hongkong Land Group, as a leading stock in the Xiangjiang real estate industry, has naturally risen in market value.

Of course, another reason is that after the collapse of the Jardine Matheson consortium, various bigwigs focused on Hongkong Land, and the stock price of Hongkong Land rose sharply because of the competition for equity.

These two important reasons offset the impact of the shrinkage of some Hongkong Land Group's assets, as well as the impact of various bigwigs deliberately dragging their feet to make Hongkong Land Group operate poorly.

Think about Hutchison Whampoa, it has not yet come out of the quagmire, and its market value has only risen by a few hundred million compared with a year ago, while Hongkong Land Group has risen by more than one billion, which is already very good.

Having said that, even if you give Hongkong Land a 20% premium, it is still very cost-effective, George Berkeley has read the detailed information given by his boss Xia Yu and knows that Hongkong Land is a company whose actual assets are greater than its market value, even if it is a 20% premium.

Now the initial bid of 10% is just to leave some more buffer room for negotiations.

Sure enough, hearing George Berkeley's conditions, Bolton Keswick shook his head without hesitation and refused: "Mr. George, your price is too low, I firmly disagree." ”

"No, no, Mr. Burton, you should be well aware that Hongkong Land's share price is inflated......"

"Mr. George, the stock price of Hongkong Land is not inflated at all, believe it or not, I will sell the equity when I release the news, and some people will buy it, and the premium of 40% is no problem......"

"Mr. Burton, this is your own faith, I have seen the financial report of the Landmark Group last year, the group's net profit is only 310 million Hong Kong dollars, and many of its subsidiaries have fallen into losses, resulting in a net profit attributable to the group's shareholders is only 180 million Hong Kong dollars, in the first quarter of this year, the revenue fell by 30% year-on-year compared with last year, according to the current trend, the group's net profit this year will only be less. ”

"Now Hongkong Land's price-earnings ratio is as high as 19 times, far exceeding the price-earnings ratio of less than 10 times that is generally found in Hong Kong stock companies. ”

"I don't agree with you, Mr. George, the value of a company cannot be seen only by the price-earnings ratio, but also by its future prospects......"

......

One wanted to sell, the other wanted to buy, so although they negotiated with each other, they did not leave, and after a heated argument, George Berkeley bit to death at a maximum premium of 15%, and Bolton Keswick bit to death at least 32%, and the negotiations reached an impasse, and no one refused to back down.

However, it can also be seen from the increase and decrease of the terms of the two sides that George Berkeley has the upper hand in the negotiations.

The negotiations had to be suspended, and then the two left, and after a day of calm, they negotiated again the next day.

On the third day, an agreement was finally reached that Bright Fund would buy the 10.5% stake in Hongkong Land held by Bolton Keswick at a premium of 20% at a price of HK$742 million.

"Happy working together!"

In the conference room of the Bright Foundation, George Berkeley and Bolton Keswick stood up to shake hands and celebrate after signing the agreement.

Because Hongkong Land's equity certificate is in Xiangjiang and is not here, it is only a initialling agreement, which also has a certain legal effect.

After that, there will be an arrangement, and the money and goods will be cleared.

Just as Bolton Keswick was about to leave, George Berkeley called out to him again: "Wait a moment, Mr. Bolton, I have another business I would like to talk to you about, and it will be very good for you." ”

Bolton Keswick paused, turned around and asked suspiciously, "What else is the business?"

"Yes, great benefits for you, we sat down and said. ”

"Okay. ”

In the conference room of the Bright Fund, the two sat down again, and Bolton Keswick did not speak, but made a gesture of please, motioning for George Berkeley to speak.

"I've heard that other members of your family are also planning to sell their shares, right?"

As soon as George Berkeley's words came out, Bolton Keswick's face froze, his mind turned sharply, and he hesitated for a few seconds before he said vaguely: "I don't know much about this, it should be possible." ”

George Berkeley smiled and said: "Mr. Burton, you don't have to be vigilant, I said that it can bring you huge benefits, we want to buy more shares of Hongkong Land Group, the price is 20% premium, as for how much you can buy, that's your business, if you can buy 10% of the equity at a fair price, then you can make more than 100 million yuan." ”

More than 100 million!

Bolton Keswick's breath suffocated, then his breath became rapid, and one of his hearts suddenly became messy.

Looking at George Berkeley's smile, Bolton Keswick pursed his lips, no longer bothering to pretend, and asked bluntly: "Mr. George, are you sure?

George Berkeley nodded without hesitation and said: "Of course, as long as you can buy it, if you don't have enough money, we can sign an agreement to help you advance and transfer the intermediate profits directly to you." ”

This time, the last financial problem of Bolton Keswick's acquisition of equity was directly solved.

Bolton Keswick's heart is getting hotter and hotter, but he knows that the two members of the family, Claude Keswick and Rodney Keswick, have strongly advocated pushing back to the UK before him, and the two together own 21.2% of the shares of Hongkong Land, and they are absolutely willing to sell.

If he can buy the equity in the hands of the two at an equal price and sell it to the Bright Fund, he will be able to make a profit of 250 million Hong Kong dollars.

Even if he can't buy it at a flat price, if he buys it at a premium of 10%, he can earn more than 100 million Hong Kong dollars, which is also a huge profit.

Sure enough, it was an opportunity that could bring him great benefits!

It is very difficult for an outsider to buy the equity of the family Hongkong Land Group, but he has a great advantage, he has the confidence that as long as he speaks himself, he will definitely be able to take over the equity at a lower price.

There is a lot of operability, and the profits are extremely considerable, and Bolton Keswick instantly decided in his heart that he must seize this opportunity!

"Mr. George, I think I can try this thing you said, are there any other restrictions?"

Bolton Keswick asked.

"The only limitation is that we want it to be as fast as possible, and if it drags on too long, we will have to contact it ourselves. ”

George Berkeley said lightly.

Bolton Keswick's heart tightened, and he immediately said: "Don't worry, I will act immediately after I go back, and strive to help your company acquire it as soon as possible." ”

"Okay, then I'm sorry for you!"

"By the way, Mr. Bolton, you would like to purchase the ancestral property of Viscount Bute, and I think we should be able to do it for you. ”

After negotiating one thing, George Berkeley hurriedly said again.

Bolton Keswick thought for a moment and said, "Yes, Viscount Bout will bid forty million pounds, as long as your company can buy it for me for thirty-five million pounds." ”

Thirty-five million is his psychological price, he knows that it is very unrealistic to let him bargain by himself, and it is very unrealistic to cut five million pounds, if the Bright Fund can do it, then he will be easy.

As for how much the Bright Fund bought, he didn't care, in his mind, with Viscount Bout's dead-cut face, the Bright Fund couldn't make any money.

Since the Bright Fund gave him such a chance to make a fortune, he also reciprocated the favor and deepened the relationship between the two parties.

After all, behind the Bright Fund are big families and consortia in the United Kingdom, and it is always beneficial to gain their friendship.

George Berkeley would have died laughing if he had known what Bolton Keswick was thinking.

It can only be said that George Berkeley successfully misled Bolton Keswick and made up his own brain to guess the background of the Bright Fund.

After that, the two sides discussed some more details, and it was not until noon that George Berkeley invited Bolton Keswick to lunch.

After returning home, Bolton Keswick immediately bought a ticket back to Xiangjiang.

The huge benefits are in front of him, and he can't wait!