Chapter 624 - Equity-to-Debt Swap (14th Update)

"Mr. Xiao Li, you didn't buy us OOCL just to paint advertisements on the hull of the ship?!" Dong Jianhua had a strange expression on his face.

The dignified Xiangjiang Boat King turned all his boats into billboards, which is a big joke, no matter how funny Li Yiming said this advertisement......

How much money can you make from that?

OOCL loses millions of dollars every day!

We at OOCL are ocean shipping, not TV stations!

Did this kid go to school or not?!

Dong Jianhua was annoyed for a while, seeing that Li Yiming's eyes rarely swirled on him, and he even felt a lot of shame and anger about being despised by him, he was a child of a family, and a piece of cloth on his body was worth more than the whole body clothes of the kid in front of him, how could he stand this contempt? !

"It's a incidental thing," Li Yiming glanced at him, "It's not a major business, and it can't boost the stock price." ”

Dong Jianhua sighed unabashedly disappointed: "I thought ... Actually, I'm trying to say that it's a bit of a hassle to put away the shares...... I don't think it's better to talk about this advertising, the ship is not freight, can it be parked at the pier as a scenery?"

Li Fuzhao smiled, just now this kid pretended that the company had no major incidents, and now he can even say such frustrating words as no business, and sure enough, this person has no shares, and his mentality has changed.

Li Yiming looked at him with a serious look: "Trouble? I suggest you do something." Turn those shares into debt. ”

"What?" Dong Jianhua was even more surprised, the company is in debt, it should be a debt-to-equity swap, why do you still need to convert shares into debts, this kid really understands the economy?

"Is it hard to set a price and get those shareholders to turn their shares into debt?"

"It's... It's not that hard, but ...... There are too many corporate debts...... Dong Jianhua frowned, "The debts I said before have not been paid off, and new debts have come, this is ......" He let out a long sigh, not looking at Li Yiming, looking at the sea outside the cabin.

"Is there a big difference?" Li Yiming asked rhetorically.

"Do you think it's a big deal?" Dong Jianhua asked angrily, "Everyone knows that you can't afford it." ”

"Hmph! stupid!" Li Yiming sneered and looked at the other two, "Do you understand?"

"If you are in debt, then ......" Wang Ji immediately began to think about Li Yiming's plan.

Debt and shares play a different role in a company, and if the company is doing well, there are profits and dividends, and the stock price is rising, it is obviously more cost-effective to own shares, which is not the case with OOCL.

As for debt, the role of that is only to earn interest, the advantage is that after the company goes bankrupt, the debt has to be repaid first.

Li Yiming's plan is almost to put down the lifeboat on the broken ship of OOCL, and then let some people go first.

Will there be any not?

Holding these shares is equivalent to carrying a butt of debts, who doesn't want to run, maybe they can exchange a few boats back after being exchanged for bonds, or a few people can exchange them for a boat.

Wang Ji was still thinking about it, but Li Fuzhao instantly guessed Li Yiming's thoughts: "It's feasible, then it is estimated that it will be easier to recover the shares." ”

"But if someone else asks for it...... What about paying off the previous debts first?" Dong Jianhua was still puzzled.

"What do you ask for? What do you pay off? Do you pay them back? Tell them directly that they don't have any money!" Li Yiming pouted and said.

Dong Jianhua was about to cry angrily, this attitude, because it wasn't you who was beaten back, right?

Li Yiming looked at him: "Didn't I say just now, debt restructuring must first waive interest and extend the repayment period, and the same is true for shares, turn into debts, and then deal with them in a unified manner, how can there be money to pay them back now, of course, wait for the company to start making money and then slowly repay." ”

Li Yiming said as a matter of course that he knew that OOCL shareholders must have a large amount of Taiwanese and British capital mixed in, and they just used their money to do things, and it had nothing to do with them anyway.

As for the price of the stock-to-bond swap, don't think too high!

"What is the price of the stock-to-bond swap?" Dong Jianhua really asked.

"What price can be, of course, the stock price of the last few days, take the average. ”

"But in case someone deliberately pulls ......"

"That's right, didn't you collect some shares?" smash the plate!" Li Yiming said quietly.

Dong Jianhua had a black line, and Wang Ji was also full of shock.

Li Fuzhao was relaxed: "This method is okay, in fact, such a stock-to-debt swap is a good thing for small retail investors, those with more shares, if you really want to sell, then the price is not easy to say." ”

"I can't say what business I have now, and you shouldn't rush to pay him over there, just make an agreement. Li Yiming spoke to Wang Ji.

"The average price in the last 10 trading days is reasonable. Li Fuzhao said lightly.

"But..."Dong Jianhua was full of grievances, Li Yiming, do you really think that advertising business can boost the company, this is a joke!

"Step by step, take the shares in first. I'll tell you what to do when I go back, and now I don't have so many shareholders. Li Yiming said neatly.

"Seventy percent of the shares are in, and then trading should be suspended. Dong Jianhua looked at Li Fuzhao, the rules of listed companies, this has to ask the boss of the Far Eastern Association to know best, and there are violations that can also be made exceptions.

Li Fuzhao nodded, he was responsible, and no one could control him anyway.

It didn't take long to cross the sea, and when I arrived at the pier, I slowly stopped, and there were already people waiting for the boxes, and the crew and bodyguards took the packages onto the ship, put them in the cabin, and unpacked them with tools.

Li Fuzhao's waist was shocked, he took out the pager and glanced at it, his brows furrowed slightly, and he saw that it was a text message sent by Li Guobao, which was about the fact that the mainland had already handed over people on the Haojiang side.

Li Fuzhao quietly put the pager in his pocket.

"Take it out slowly. ”

Watching the small boxes being taken out, the aroma of some fruits overflowed.

Li Yiming took the goods list one by one to the things inside, Li Jianguo helped, he was a purchaser, and counting the goods was his old business.

"That's right. ”

"Wash these few, let's try them. ”

"Now you're going to Haojiang?"

"No, send them back. Li Yiming looked at Wang Ji and Dong Jianhua who were whispering over there.