Chapter 388: President Sun, dividends

The national football team lost to the Thai youth team with a tragedy of 1:5, setting the largest loss ratio against a Thai team, and was called the "6.15 tragedy" by the media image.

So much so that Fan Liancheng just had the idea of investing in a team, and when he turned his head, he sighed that he was mostly stupid, and almost threw the money into the water without paying attention, and it is estimated that he couldn't even hear a sound.

That's it.

For a while, Fan Liancheng didn't pay attention to Longcheng's business, and Fan Liancheng spent a few days sorting out and meeting with the middle and senior management.

As the chairman of the board, and is also a major shareholder accounting for nearly forty percent of the shares, even the president of the group is a head shorter in front of him, President Sun's ability is not bad, and he has known Lao Fan for many years, and he respects Fan Liancheng while not being afraid.

Relying on sycophants to be a small supervisor at most, the top managers of real large enterprises are more or less arrogant, most of them have their own personality charm, Fan Liancheng likes to deal with these smart people, the average age of Longcheng executives is less than forty-five years old, and they are relatively young in their peers, and their way of thinking is more flexible and open.

Mr. Sun's full name is Sun Wu, he did not go abroad to spend money, graduated from Zhejiang University, step by step, and it took more than 20 years to reach today's height, and he has worked in Shimao and Vanke, and the highest was the vice president of the group, and later he was dug by Lao Fan to Longcheng to preside over the work, and he is one of the famous "working emperors" in the circle in the eyes of outsiders, with an annual salary of eight figures.

At this moment.

Si Wenwen, who is not tall and has a slightly fat figure, came to Fan Liancheng's office and asked with a smile: "The performance of all companies this year is good, there should be a letter about whether to divide dividends or not, right? Last year, it was almost also an announcement to the outside world, there is no need to divide too much, but it is better than nothing, and it is easy to be regarded as an iron rooster." ”

Fan Liancheng got up, stretched out his hand to invite him to sit on the sofa, and it happened that he had been making iced drip coffee since the morning, and at this time he brewed a small half pot, took two cups and poured them separately, and the entrance was cool.

During the period, he replied to President Sun: "Don't pay dividends this year, it's useless for investors to take those dividends, and they can earn more by staying in the company for expansion, which is equivalent to helping save money." ”

Earlier, Fan Liancheng announced that he would adjust the direction of his business and increase investment in this area.

At the beginning of this week, the stock price fluctuated sharply, but by the end of the day, the total market value had risen slightly, touching the threshold of 210 billion.

It seems that CITIC and Ping An and several other brokerages have joined forces to increase their holdings, obviously optimistic about Fan Liancheng's ability, and sell him face, after all, they are both capital giants on an equal footing, and there are opportunities to cooperate in the future, and it is naturally important to have a good relationship.

How could Mr. Sun not know Fan Liancheng's big plan, the two discussed it, the president of the group clearly had nothing to do with himself, hanging high, saying that it was to let the vice president of the investment department Qian Hai directly connect with Fan Liancheng, which is equivalent to allocating the decision-making power of the investment area, and intends to concentrate on continuing to manage the real estate.

In fact, Mr. Sun also wants to get involved, but the interlacing is like a mountain, one has no ability and the other has no right to speak, it is inevitable to be more interesting, even if his head is caught by the door, he will not think about fighting for power with the Fan family, so it is better to be happy.

Drinking coffee, he continued to say to Fan Liancheng:

"There were no dividends in the early years, and there were few dividends last year, and some shareholders began to have opinions, but it doesn't matter to retail investors, anyway, as long as the stock price rises, they have a comfort in their hearts.

Chairman Fan, you have a big business, and there are two shareholders waiting for the rice to be cooked, and told me that they all expect the dividends to be used to repay debts, and the big guys are not having a good time these days. ”

Businessmen, shouting every year that the economy is not good, not only say that they are affected by the impact of the Internet economy, but also say that the internal and external forms are severe, and even the subprime mortgage crisis that occurred in 2008 has been mentioned again and again after five years, and it is up to Lao Mei to be responsible for compensating for losses.

Fan Liancheng doesn't want to pay dividends, the reason is that Longcheng has taken too much land, and the debt pressure is a bit heavy, so it is better to reduce the scale of short-term loans than to divide some.

For retail investors, a little dividend belongs to three melons and two dates, and there is not much difference between having and not, but in the end, it is billions of funds, and it is much worse to use it to make profits.

I probably know which two of them are, and I also organized a group to discuss this year's dividends with Fan Liancheng in advance, and Fan Liancheng said happily:

"Even if I take part of the dividends, retail investors take the remaining half, and deduct 20% of the tax in their hands, how much more.

If you lack money, you can take out a loan, you can sell stocks, how can there be a reason for small shareholders to force major shareholders to pay dividends, enterprises need to do early warning prevention and control in advance, and they can't pay dividends here. ”

Hearing Fan Liancheng say this, President Sun suddenly lost his thoughts.

Listed companies do not have hard requirements for dividends, and there are indeed many iron roosters in A-shares, but unlike many company shareholders who want to put money in their pockets, Fan Liancheng is completely out of the company's interests, and in his opinion, no dividends are far more suitable for the group's current high debt status than dividends.

Professionally speaking, this is also called compound interest investment, the compound interest myth of Berkshire Hathaway created by Warren Buffett, is a threshold that every investor can't bypass, but it is a bit difficult to think like the old stock god, the reason is that not every shareholder believes that the shares of the company they hold will keep rising, so many short-sighted people only think about the immediate interests and feel that putting money in their pockets is money.

This is not to blame others, who made the A-share demon wind gust and the image was not good, and the leeks were cut one after another.

Fan Liancheng himself has confidence in himself, and he also believes that if he does not pay dividends for a year or two, as long as the stock price becomes valuable, it will not cause too much opposition.

Seeing that there was nothing to do, President Sun decisively diverted the topic and replied: "Okay, you said it yourself, don't blame me for pushing the pot for you when the time comes." The last time I heard you mention that you planned to go to the branch office for inspection, when did you leave? The director of the southwest branch has reached the age of retirement, and you have recently paid attention to observe to see who is suitable for the past top. ”

Fan Liancheng nodded.

The performance of the southwest branch is not as good as that of the coastal area all the year round, but the volume is also not small, and I feel that I can meet a few vice presidents during the inspection to see who is suitable to replace them, so as not to chill some people by parachuting executives.

There are two sides to everything, from another point of view, airborne is also beneficial, fortunately, everyone is not in the position, so the deputies may work more together, anyway, every executive change involves a lot, in this regard, it is best to learn more from Vice President Yin, who is in charge of personnel.

When the new official takes office, he must go to the branches to move around more, register more small companies for the development of real estate projects, and set up a new company for almost every real estate development, and cancel the house when it is sold, which is convenient for management and accounting, mainly refers to the operation of the time difference, and there are currently more than 400 shell companies under Longcheng, and some peers also use this way to conduct business.

Fan Liancheng didn't plan to visit them all, but only selected branches for inspection, which is estimated to take about a month.

After chatting with President Sun for a while, he personally went to Vice President Qian Hai's office afterwards and asked the other party to sort out an asset table so as to have a deeper understanding of the current situation of Dragon City.

During this period, I happened to meet Qin Zhi, the woman in charge of Qin of Jinling Branch, and now the aura of a strong woman is getting stronger and stronger.

I haven't seen you for a long time, Fan Liancheng smiled politely: "Qin Da Beauty, which post did you climb to?Last time I had dinner with your Lao Tzu, I heard him mention you, saying that you are dedicated to your work and don't look for a boyfriend......"