Chapter 471: Trade-offs
Things were a bit unexpected, Mr. Hu frowned, he hesitated, and turned his head to look at the assistant beside him.
The assistant understood, hurriedly stretched out his head, and said in a low voice: "There is no way to falsify these data reported by the other party." Like that membership fee, they should have a membership system, how many members are in the end, how much membership fees have been paid, you can find out at a glance. So ......"
Mr. Hu understood, this meant that the other party said that there was no problem.
If that's the case, then Knorr's membership system is really worth that much money.
For the industry, the price-earnings ratio after listing is generally between 10 and 20. Assuming that the profits of Knorr Supermarket can offset the expenses from the sale of goods, then the membership fee is the net income, the net income of 700 million a year, and the valuation of 700 million is very conscientious!
He really didn't expect that there would be so many or so many stores, and they would be so valuable?!
Thinking about the 500 million he prepared, Mr. Hu felt a little desolate in his heart, this year, has the 500 million cash become small money.
originally planned to vote for Yu Wenfei's Facebook, but people didn't like it at all.
Well, it's good to follow other people's wishes to switch to Knorr Supermarket, but even if 500 million is invested in Knorr, you won't get much of a stake at all.
I have worked hard for most of my life, and my assets are not as good as those of Internet companies like Facebook, after all, it is high-tech, not something that ordinary people can play.
But even a supermarket chain can't compare, especially since the establishment of this supermarket has only been half a year, which makes Mr. Hu a little unable to swallow that breath.
"Mr. Fei, we are all old acquaintances, and it's not the first time we've dealt with each other. The last time we worked together, it turned out to be a win-win situation, and both parties got what they wanted. Therefore, this time I invested, I didn't go to someone else's company, I just invested in Mr. Fei himself. Frankly speaking, I am very interested in taking a stake in Knorr, and I have prepared 500 million in cash, you tell me, I invest this money, how many shares can I get!"
Mr. Hu said simply, he didn't talk about valuation now, and started to talk about feelings.
Yu Wenfei smiled faintly, this old fox, this is the last time he took over his own stocks, he tasted the sweetness of playing the emotional card, do you want to repeat the old tricks?
"Then how many shares does Mr. Hu want, they are all old friends, it's easy to say. ”
As he spoke, he leaned back, leaned on the back of the chair, and looked at Hu Jinchang opposite with a smile.
Hu Jinchang hesitated, rolled his eyes, and tentatively reported a number, "Percent...... How about 15 percent?"
He didn't dare to open his mouth widely, and he had to be measured in his work.
Since the other party's valuation of Knorr Supermarket is 7 billion, according to this figure, his own 500 million can only account for more than 8 percent, of course he is not happy to be led by the other party.
Business is all about talking, and it is impossible for the other party to report as much as it wants. The seller asks for a price, and the buyer bargains on the spot, which is an old rule since ancient times!
After listening to Hu Jinchang's words, before Yu Wenfei could speak, Zhou Mengyi couldn't help it.
She straightened her waist, straightened her shawl and long hair back, showed a professional smile on her face, and said: "Otherwise, we will introduce a third-party professional company to make a valuation for Knorr, it makes no sense to talk about it now, according to the valuation of seven billion, I actually think it is low, but Mr. Hu thinks it is too high." ”
Hu Jinchang waved his hand again and again, and said pretending to be magnificent: "Hey...... We are all old acquaintances, not strangers who have never dealt with each other, how much is the company worth, we don't need to spend money to find someone to help us estimate, as long as Mr. Fei and I reach an agreement, that's fine. Simple questions don't need to be complicated. ”
He is very smart and knows that if a third-party professional company is really introduced, the valuation will really be made, and he will basically have to invest according to that number, and if he wants to take advantage of it, he will be embarrassed to say it.
Yu Wenfei's fingers tapped lightly on the tabletop, sending out a "bell, ......" business.
Everyone fell silent, and looked at Yu Wenfei in unison, now waiting for him to finally make a decision.
After all, Knorr Modu Branch, Yu Wenfei is the real boss, how much does he want Hu Jinchang to buy, and according to what valuation, basically he can decide in a word, as long as Hu Jinchang does not object.
Among this group of people, perhaps Ren Zhiwen has the most complicated mood.
He still remembers that Yu Wenfei and Zhou Mengqi flew to Hanzhong City in person to dig themselves over to do supply chain management.
At that time, Knorr had just been built, and the first supermarket had not yet opened!
Now, just over half a year later, the company is valued at billions of dollars?
It seems that this choice is too correct for me to change jobs!
..................
After thinking for a moment, Yu Wenfei smiled and said, "In this way, Mr. Hu, I don't want you 500 million, just 200 million." The development of Knorr relies on its own capital flow to support it, and there is no shortage of funds at present. ”
Hearing this, Hu Jinchang was apprehensive, surprised and happy.
Of course, Yu Wenfei allowed himself to invest in Jiale, and the surprise was that he only needed 200 million!
What does that mean?
Do you want to give yourself less shares?
"Mr. Fei, no one is too much money, I'm ready for 500 million, haha......" he hurriedly said.
Yu Wenfei shook his head: "No, no, don't worry, Mr. Hu, listen to what I say." ”
Hu Jinchang quieted down and looked at Yu Wenfei with blank eyes.
"First, 200 million cash shares, this money is not into the company's account, it belongs to my personal shares transferred to you, understand?" Yu Wenfei stretched out a finger and said.
Hu Jinchang blinked his eyes, personal share transfer?
Oh, he reacted, Yu Wenfei is cashing out part of the money in advance.
This can happen when some companies are doing well and the company itself is not short on cash.
That is, the original shareholders and the new investors reached an agreement, and the new funds were directly used to acquire the shares in the hands of the original shareholders, in fact, this is equivalent to changing the company's shareholder relationship, and the company's own valuation and capital situation have not changed before and after financing.
Although he suffered a small loss, Hu Jinchang felt acceptable, and he simply nodded: "It's not a problem!
Of course, this is not a problem, the question is how many shares can be obtained for 200 million.
"Second, with an investment of 200 million yuan, you can take two percent of the shares from me!" Yu Wenfei said the second comment cleanly.
"What? I heard you right!" Hu Jinchang was dumbfounded.
Two hundred million percent of a share?
That's not valuing Knorr at 10 billion!
This kid is too dark, isn't he?
"Mr. Fei, this joke is not funny at all. Hu Jinchang's face darkened, and his tone became serious.
Zhou Mengyi and Ren Zhiwen, who were sitting side by side with Yu Wenfei, were also amazed in their hearts, the boss was so ruthless!
Although the valuation of Knorr can really reach six or seven billion, but the valuation of this thing, you can't be wishful thinking, only when the buyer also agrees to this valuation, your valuation is meaningful.
But jumping directly from six or seven billion to ten billion, this ...... Ordinary people really don't dare to open this mouth.
"Don't panic, Mr. Hu, I haven't finished yet. Yu Wenfei said for a long time.
"Oh, and I'll listen to you!" Hu Jinchang said with a straight face.
"These two hundred million take two percent of the shares, in fact, it can only be regarded as an admission ticket, although it is a bit expensive, but it is definitely worth it, haha......" Yu Wenfei smiled heartily.
Of course, except for him laughing, no one else laughed, because everyone hadn't understood what Yu Wenfei meant.
"If Mr. Hu decides to invest, there will be a supplement in the agreement. The general meaning of this content is that Hu will directly enter the company's board of directors and serve as the company's general adviser for strategic planning. If Mr. Hu gets a piece of land that meets the company's requirements during his tenure, that is, land used for commercial purposes to build stores, then the board of directors will give Mr. Hu a share award of 0.5%, with an upper limit of 15%!"
Yu Wenfei's words were very informative, and after he finished speaking, Hu Jinchang didn't react for a while, his brain was spinning at high speed, interpreting what Yu Wenfei meant.
None of them are stupid people, Hu Jinchang quickly understood what Yu Wenfei meant.
This kid......
I don't have any good intentions to let myself become a shareholder, this is because I have taken a fancy to my contacts that have been operating for decades!
From the perspective of cash investment, my investment is too expensive, and it takes 200 million to get two points of shares, and I lose so much that I vomit blood!
However, cash investment, as Yu Wenfei said, is just an admission ticket.
After investing yourself, as long as you work hard to help the company get the land, the return will be ridiculously high!
For every piece of land you take, 0.5 percent of the share award is still taken for nothing......
If you calculate the valuation of the company you invest in by 10 billion, then you will be rewarded with 50 million yuan just for a piece of land!
Even if the normal valuation is 7 billion, the reward for taking a piece of land is worth 35 million!
This is a ......
It's worth doing!
Of course, Hu Jinchang understands that it is not easy to get land, and it is estimated that it will be more difficult to get land that meets the requirements of Knorr.
However, if you want to make a lot of money, how can it be easy.
Originally, the foundation of the family music company is already very good, and it is really opening a supermarket for retail, and this kind of enterprise is very popular in many cities.
In addition, with the Hong Kong-funded background of Knorr, it will be more convenient to talk to the local government.
In fact, you don't need to be yourself, Knorr can find a few staff to talk slowly and get a lot of cheap land, as long as you honestly take the land to build a supermarket, don't hoard land for real estate development.
The reason why I gave myself such a high remuneration and let myself talk about it was nothing more than that I took a fancy to my network resources.
Under the same conditions, it is certainly easier to do things with many acquaintances.
Maybe Knorr sent someone to talk, and he could get seven or eight plots of land in a year, and the location might not be too good.
But if you come forward yourself, you may be able to get twenty or thirty pieces of land a year, the price will be cheaper, and the location will be better!
This is Yu Wenfei's intention......
............