Chapter 172 Absolute Holding (Still Owed)
Holding an annual meeting, setting a venue for such a trivial matter, of course, Wang Ye does not have to worry about it.
He has been busy with big things recently, which is the private placement of Huashang International and the merger and acquisition of THE TOP SHOP.
There is no problem with the fixed increase, and Wang Ye does not plan to take advantage of Huashang International, but the price is set according to the average price of the last 20 trading days.
According to the statistics of the average price of the last 20 trading days, it is only 28 yuan, in fact, it can be priced according to 90% of 28 yuan, but Wang Ye waved his pen and directly calculated it according to 28 yuan, which did not take advantage of that small advantage.
5 billion yuan, that is, to expand the share by 178 million. According to Wang Ye's 70%, Li Youlun's three people are each 10%. That Wang Ye got another 125 million shares of Huashang International.
With the addition of his original 200 million shares, plus the 100 million shares that LISA secretly acquired, he now has 425 million shares.
The total share capital of Huashang International, before the fixed increase, was 656 million shares, and now it has added 125 million shares, with a total of 781 million shares.
Wang Ye is secretly and secretly, and has basically controlled Huashang International, accounting for 54%!
However, there is also the merger and acquisition of THE TOP SHOP, which Huashang International still has to pay a part of the shares and cash to complete.
After the integration of Huashang International, Wang Ye will inevitably complete the holding, this company, also pinned on his ambitions, how can it be possible for others to occupy too many shares.
In the merger and acquisition of THE TOP SHOP, it was more troublesome, and the two parties commissioned a third-party audit company to evaluate the value of the top shop.
In the final report given by the audit company, the valuation of THE TOP SHOP was calculated in terms of both tangible assets and intangible assets.
The tangible assets are easy to calculate, and the two flagship stores in Xiangjiang already have sales data and profitability to measure, plus the 38 stores that will open in the mainland soon, and the sales data are estimated.
The final calculated value of this piece is 2 billion, which is a conservative valuation. Because if you follow Li Qinghuan's sales estimate, it will be calculated at least more than 5 billion.
Intangible assets are difficult to calculate, and now THE TOP SHOP is the only designer brand collection store in China, and the designer team is extremely large, as well as well-known designers.
On the Internet, THE TOP SHOP is like the first generation of Internet celebrity brands, with extremely high popularity, and the value of this popularity alone is difficult to measure.
In the end, the audit company can only give a reference value range of 3 billion to 5 billion.
Then these two pieces add up, which is 5 billion to 7 billion.
In the large conference room of Huashang International, Li Qinghuan jumped up immediately after seeing this evaluation report.
"I don't agree with this valuation! This is a serious undervaluation! It doesn't take a year, and it only takes two months for these 38 stores in the mainland to open, and I am sure that this valuation will reach 10 billion!"
ON THE TOPS HOP, BUT ALL THE HARD WORK OF LI QINGHUAN IS ENTRUSTED, OF COURSE SHE DOESN'T WANT THIS COMPANY TO BE SOLD CHEAPLY. Now to see that valuations are undervalued, of course, not happy.
The negotiator on Huashang International's side was originally supposed to be led by Wang Ye, but now the acquired company is his private asset, so it is naturally inconvenient to come forward.
So entrusted Liu Weiguo and Wu Guohong, after Liu Weiguo read the evaluation report, he also knew that it was indeed a bit underestimated, just with the sales of THE TOP SHOP, after all 40 stores were opened, the annual profit would definitely exceed 1 billion.
At that time, according to the price-earnings ratio, it will be more than 10 billion. At this point in time, mergers and acquisitions are actually taking a big advantage.
He smiled bitterly: "In principle, I personally buy it according to the median of the appraisal price. ”
The appraisal price is 5 billion to 7 billion, and the median price is 6 billion.
If it is said that according to the lowest value, Liu Weiguo really can't help it, and he is worried that Wang Ye will not agree, then the chicken will fly and the egg will be beaten.
But to acquire it at the highest value of 7 billion, it feels a bit of a loss. We all know that THE TOP SHOP IS VERY GOOD AND ITS SALES ARE ALSO VERY HOT, BUT IT STILL HASN'T PROVEN ITSELF IN THE MAINLAND AFTER ALL, IN CASE THE SALES ARE NOT GOOD!
Moreover, all of his shares are in Huashang International, and now the merger and acquisition of THE TOP SHOP of course still hopes that the price can be lower.
Wu Guohong looked at it and looked at it, thought about it and thought about it, and also spoke: "I also think that the valuation of 6 billion is still more reasonable, the TOP SHOP is a new company after all, and the capital invested by Wang Dong seems to be only two or three hundred million, and it can be increased 30 times in half a year, which is already a miracle!"
Glancing at Wang Ye, Wu Guohong really envied this guy, and he didn't know what to think. It seems that nothing can be difficult for him, and any company can easily increase its market value dozens of times.
This kind of person is born rich and noble!
Wang Ye also knows that at this point in time, it is cheaper for Huashang International to merge and acquire THE TOP SHOP, OF COURSE, IT IS HUASHANG INTERNATIONAL TO MAKE CHEAP.
If it drags on for a few more months, THE TOP SHOP CAN SELL AT LEAST 2 BILLION MORE.
However, he doesn't want to delay any longer, the time is ripe, and these shareholders of Huashang International are his old bosses, old friends, and old customers. This is cheap, let everyone take advantage of it, and it will be regarded as giving everyone a red envelope for the New Year.
"Okay, Qinghuan, just follow the opinions of Chairman Liu and Mr. Wu, they are all one family, so they won't talk about the two families. Wang Ye said with a smile.
Li Qinghuan saw that Wang Ye said this, so naturally he couldn't say anything, so he could only hold his breath and stop talking.
The price has been set, but Huashang International can't take out 6 billion now, and even if it can make it up, the company's operation will be affected.
In the end, Wang Ye proposed, don't use money to buy, Huashang International will use a lot of money immediately, and don't use the 5 billion you just got now.
If you don't need money to buy it, you have to issue additional shares again.
Therefore, at a price of 30 yuan, Huashang International issued an additional 200 million shares and paid it to Wang Ye in exchange for the ownership of THE TOP SHOP.
After the fixed increase of 5 billion, Wang Ye already has 425 million shares, and now there are 200 million more shares, and the shares in his hands have reached 625 million.
The share capital of Huashang International, after these two additional issuances, is a total of 981 million shares.
The proportion of shares in Wang Ye's hands has come to 64%, and he is fully controlled!
The dust has settled, and for this kind of large-scale private placement and mergers and acquisitions, it can be considered very smooth for a few months and a half.
However, Huashang International's action was too fast, from Wang Ye's proposal on the board of directors to the two sides to negotiate an agreement, sign a formal contract, and report to the stock exchange for approval, it only took a week.
There is no way, both sides of these two large-scale transactions are their own people, and they are easy to talk behind closed doors. In fact, as long as Wang Ye has no opinion, it can be finalized in minutes.
If both parties agree to the transaction, and the third-party audit report is normal, then the two transactions only need to pass the shareholders' meeting to be officially closed.
The shareholders' meeting of Huashang International was originally planned to be held at the end of this month, and it was enough to vote at the shareholders' meeting.
Obviously, at the shareholders' meeting, it was a sure thing, because the major shareholders all agreed. It's useless for minority shareholders to oppose it.
……
Lao Huang these days, he has to log in to Huashang International's stock bar every day to see the latest news.
Although he also knows that this kind of large-scale transaction is normal to be delayed for a month or two, or even half a year. But he really can't let go, his deposits are all pressed on Huashang International stocks.
On this day, he normally went out to work in the morning, and when he arrived at the company, he saw that the time was still early, so he went to the company's downstairs pastry king to have some breakfast.
There's no way, the daughter-in-law is too lazy to get up until the point where she is about to go out to work.
So Lao Huang can only go out early for a while and go to a place like McDonald's, the noodle king downstairs of the company, to solve breakfast.
He is a northerner, and the breakfast of the pastry king is still more appetizing to him. Two large bags of fresh meat, a tea egg, and a cup of hot soy milk, eat deliciously.
However, this breakfast is not cheap, the fresh meat of the pastry king costs three pieces of five, two is seven, plus two pieces of eggs, and three pieces of soy milk. One breakfast cost 12 bucks.
That is, he made a fortune last time he speculated in stocks, and in the first two years, how dare Lao Huang be so extravagant.
At that time, he also bought a three-yuan rice noodles on the side of the road in the morning.
Eating the fragrant meat buns, Lao Wang did not forget to thank Huashang International, it is really a good company. I hope that I can continue to bring good luck to myself by betting on Huashang International this time.
Lao Huang secretly swore that if he could earn twice as much as this time, no, more than 50% of the profits, then his daughter-in-law would buy all the clothes of Huashang International in the future!
Of course, if Huashang International comes out with men's clothing, then Lao Huang himself will buy all Huashang International's clothes to wear!
After he had breakfast, he came to the office and habitually turned on the computer.
Look at the time, it's not yet the opening time of the stock market, log in to the shares of Huashang International, and get ready to see what new news there is.
As soon as I bought the shares, I saw a new official announcement.
"Huashang International has reached a private placement agreement with the investor"
"Huashang International has entered into an M&A agreement with THE TOP SHOP"
Lao Huang's heart is a beat, so fast?!
Hurriedly clicked on the two messages and looked at it, it is true that an agreement has been reached, and the transaction plan has now been submitted to the stock exchange, and after waiting for the vote of the shareholders' meeting in a few days, the transaction will be officially completed.
Lao Huang was suddenly overjoyed, doesn't this mean that he can review the game years ago!
At the end of the month, the shareholders' meeting passed the vote, then the next day will be reviewed, and the stock price of Huashang International will definitely have a lot of one-word boards!
Calculate the time, the Spring Festival on February 24 this year, there are more than 20 days of trading time before the year. How much money can you make this time?
The news in the past two days has not only alarmed Lao Huang, but also attracted many old stockholders.
"Bet, this time Huashang International is going to compete with Modu Jiahua for the limelight!"
"The old demon is born!"
"It's a pity, I didn't have time to get on the bus this time, and the suspension came too suddenly, which caught me off guard. ”
"That's right, there was no sign at all, the stock price didn't change much, and trading was suddenly suspended. ”
Lao Huang looked at everyone's messages, smiled, and also made a post.
"Who said there was no warning?! Didn't you see that cloud-piercing arrow a few days ago? That was the call of the alliance leader, I'm sorry, I've already gotten in the car and pressed all my net worth!"