128 Wharf Storm
The year 78 was the most volatile year for the Hong Kong stock market.
At the beginning of the year, Wharf's share price soared, from HK$12 at the beginning of the year to HK$46 in March, causing countless shareholders to go crazy.
In May 78, the Central subway station was built on top of the Global Building, which was the first time Cheung Kong built in Central, on the same day, the building began to be sold in layers, when the real estate climax, the advertisement was sold out within 8 hours, and the transaction volume was close to 600 million Hong Kong dollars, and Cheung Kong's shares rose sharply.
On September 3, a piece of news caused a shock in the stock market, and Bao Yugang, chairman of the board of directors of the company, officially announced to the media that he and his family had owned 15-20% of the shares of Wharf and became the majority shareholder of Wharf.
However, at the press conference, Bao Yugang also said that he had no intention of buying more Wharf shares, and this time it was purely a financial investment, and at the same time applied to join the board of directors of Wharf to jointly develop the company.
In the days that followed, Jardine Matheson also invited Pao and his son-in-law, Wu Guangzheng, to join Wharf's board of directors, not because they wanted to, but because the law required shareholders to join the board if they held 16% of the shares.
Of course, entering the board of directors does not mean that you can really participate in the operation of the company, especially Wharf, a traditional British-funded enterprise with a history of more than 100 years, even if Bao Yugang and his son-in-law Wu Guangzheng each get a board seat, they also have the same voting rights as other directors, but they are British-funded enterprises?
There may be contradictions between the various British-funded directors, but in the past it was an internal matter, and it didn't matter how they tossed and antagonized, but now that two Chinese have entered the board of directors, and they obviously have bad intentions, these people are not all immediately unanimous to the outside world! As for why they will not increase their shareholdings? They can only coax shareholders who don't know anything!
The stock market's reaction followed, with the share price of Wharf falling from a peak of HK$49 per share to HK$21 per share, and all the "simple" shareholders believed that the Wharf incident had come to an end!
In the office of Evergrande Securities, Wang Liming said with a smile: "If Bao Yugang has no ambition for Wharf, my surname will be written upside down!"
Xu Zhi said with a smile: "All this is just a trick, their competition is just from light to dark!"
Wang Liming said: "Yes! I didn't expect Li Jiacheng to give up Wharf, this is a super fat piece of meat!"
Xu Zhi said with a smile: "Sai Weng lost his horse, how do you know if it is a blessing,"
"What do you mean?" Wang Liming thought for a while and asked, "The last time we chatted, Xu Sheng said that Li Jiacheng may have deliberately caused Wharf's stock price to skyrocket, wouldn't it be just to hand over the stock to Bao Yugang today?"
Even if Jardine Matheson has suffered serious losses over the years because of the long overseas investment front, the market value of Cheung Kong is only a few hundred million, and Hongkong Land has more than this price for a building, so in this case, if you really want to acquire Wharf, how can you be in such a hurry?"
Wang Liming said: "Not necessarily, right? The soaring stock price of Wharf is actually caused by too many people following the trend. ”
Xu Zhidao: "Then do you think Li Jiacheng will not think of this factor? I think everything is in his layout. ”
Wang Liming said: "Li Jiacheng may have made a lot of money from the sale of shares to Bao Yugang, and according to the market value, at least the net profit exceeds 50 million Hong Kong dollars, which is about the same as the profit of Cheung Kong last year." ”
Xu Zhi shook his head and said: "This profit is a lot, but the benefits in the future are estimated to be greater!"
What's more, Li Jiacheng actually knew that Bao Yugang wanted to abandon the ship and land, and transferred the Wharf in his hand to Bao Yugang, not only made tens of millions of Hong Kong dollars for himself, but also made the other party owe him a favor.
More importantly, when he was competing with Jardine Matheson for Wharf, Shen Bi, the head of HSBC, came forward to reconcile, and this transfer of shares can be regarded as giving Shen Bi face and providing huge support for the subsequent ownership of Hutchison.
With the help of Bao Yugang and Shen Bi, the matter has been half successful, when the board of directors of HSBC held a board meeting to decide whether to sell Hutchison, the other two directors who will inevitably oppose it, Jardine Matheson and Swire Taipan, did not come because of an emergency, saying that this is a coincidence is too coincidental!
Therefore, think about it a little, all of this is a layout, although later generations did not record the real purpose of Li Jiacheng's acquisition of Wharf, but it is impossible for someone who can lay out such a big situation not to predict the inevitable surge in stocks and the terrible of the strong enemy Jardine, after all, even a layman like Xu Zhi knows that unless it is a friendly acquisition or at any cost, otherwise, a slow acquisition in secret is the real way.
Lao Li's layout is deep and terrifying......
Of course, Wang Liming doesn't know all this now, and said: "If Bao Yugang really wants to take over the Wharf, this will inevitably be the fiercest battle since the Xiangjiang stock market, and it is estimated that it will not even be able to compare with Hongkong Land to drink milk." ”
Xu Zhi said with a smile: "But this is also our opportunity, although you and I both think that Bao Yugang will not give up the acquisition, but after all, he has just made a promise to the people of Xiangjiang, and the people of Jardine Matheson will inevitably stare at him in recent months, so he should not make a purchase in the near future, at least not on a large scale."
At present, the stock price of Wharf is relatively low, and a lot of speculative funds have been withdrawn, now is the best time for us to enter the market. ”
Wang Liming said: "Xu Sheng, is our acquisition front a little too long? Although we have HSBC financing, Hutchison and Cheung Kong want to acquire enough shares, our funds are already stretched, and now we have to add this Wharf ......."
Xu Zhi waved his hand and said: "It's okay, I will transfer funds again, Wharf's stock is actually speculative, I just want to buy a part, and when the charter king and Jardine Matheson really face off, this stock will not only become sky-high, but also earn a favor!"
Wang Liming nodded and said, "Okay, then how many goals do we set?"
Xu Zhidao: "Let's buy it slowly first! In fact, except for Jingzhou Yingxiao, the other three are all long-term and slow acquisitions, and after a while, when Midea's funds turn over, I will give you more funds." ”
Although Xiangjiang Cube is popular in the United States, and the playability is even stronger than that of the Space Invaders, but due to the nature of its own casual games, it swallows game currency at a much lower speed than the Space Invaders, which also leads to the owners of arcades and bars in the United States and Japan are more inclined to buy more Space Invaders.
In 1978 in history, just in the United States, Taidong Company made a lot of 120 million US dollars by virtue of the space invaders, and now Xiangjiang Cube, the net profit in the United States is only about 3 million US dollars a month, counting Japan, Europe and Asia and other regions, the net profit of the United States a month is almost more than 20 million Hong Kong dollars.
The 50 million Hong Kong dollars mobilized last time were basically almost all of Midea's profits, and now it is almost a month later, and a lot of profits have come in, but considering York's refrigerator division acquisition plan, funds have begun to be extremely tight.
Half of the HK$120 million obtained by the Wharf was used in the early stage of the Hutchison acquisition, while the other half was in the United States.
With $10 million in the United States, Xu Zhi has another investment plan, and this money cannot be touched for the time being.
However, once Tank Battle and Pac-Man are launched, all financial problems will disappear, and although the low-level games of Space Invaders are popular, they are not classics at all, and once people get tired of playing, they will be tired of it!
And the classic game is the tank battle and the Xiangjiang square, especially the tank battle, which is enough to change the world's concept of shooting games, the two games come out, and the profit margin of Midea will definitely not be lower than the current Taidong company.
What's more, although the profit of Xiangjiang Cube is not as good as these shooting games, it is better than stability, and it will also be a stable and good cash flow.
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