236. Conspiracy and Poison Scheme
"Boss, you want to short ATV's stock, you don't need so much money at all, now ATV is in debt, all kinds of negative news, a lot, and now ATV is not far from bankruptcy. As long as there are 200 million Hong Kong dollars, I am confident that I will smash it to 0.1 Hong Kong dollars!" Mo Liang was the first to take the initiative to stand up.
Now that ATV is in tatters, it is estimated that 200 million Hong Kong dollars can completely collapse it, and they naturally know the best about ATV, local traders.
"Boss, now the market value of the entire ATV is less than 1.5 billion Hong Kong dollars. Now ATV's stock is around 2.24 Hong Kong dollars, and now I heard that ATV's shareholders are fighting endlessly, and ATV has been losing money year after year, as long as we short ATV shares in the stock market, I believe that ATV will soon be suspended!" Wei Xin also stood up and said
"Boss, ATV is like less than 20% of the shares circulating in the market, most of these outstanding shares are held by Hong Kong stockholders, if we short ATV shares, many shareholders will rush to throw ATV shares, and when the time comes, it will directly cause ATV's shares to fall by more than 90% No problem" Liu Guang also stood up,
........... Chen Hui listened to their opinions one by one, he didn't expect the situation of ATV to be so bad, Chen Hui didn't know ATV as thoroughly as these people, it seems that taking ATV is simply probing.
Chen Hui can not spend more money to buy ATV, if he wants to privatize ATV, he must have a majority of the shares, and there are only 20% of the outstanding shares in the market, which means that local shareholders in Hong Kong have at least 30% of ATV shares in their hands.
Chen Hui thought that if he acquired ATV from the shareholders at the market price, he would have to spend at least 1.5 billion Hong Kong dollars, plus 1 billion Hong Kong dollars of ATV's liabilities, all of which would have to be counted on himself, so he would have to spend 2.5 billion Hong Kong dollars, which was too much of a loss, and he couldn't spend it like this if he had money.
What's more, these shareholders may not be willing to sell their shares to themselves, as long as they are scared, and when they are scared, they can not wait to sell their shares.
"Well, you go down and prepare, 200 million funds, start next Monday!" Chen Hui commanded.
"Yes, boss!"
After everyone went down, Chen Hui called Wang Zheng and connected
"Mr. Chen, how are you preparing over there?" Wang Zheng immediately said
"There are no problems on my side, Mr. Wang, how are you doing on your side?" Chen Hui asked
"I'm going to fire some people directly today, put ATV on the verge of bankruptcy, and let those shareholders have a good taste!" Wang Zheng said in a deep voice.
The current board of directors is full of arguing and fighting all day long, and those Hong Kong locals are against themselves everywhere. Today's ATV is in this situation, which has a big reason for the infighting.
"In the past two days, I have released more negative news and directly exposed ATV's finances...... Wang Zheng continued
"Mr. Wang, don't worry, you release good news in the past two days!" Chen Hui said,
Last year, Cai Yanming sued ATV in the name of Antenna, claiming that Wang Zheng controlled ATV and damaged its interests. At this moment, the farce between the two is like a reality show, vigorously accusing each other for more than a year, losing face, vicious dogs fighting for food, and ugly postures, which directly led to the management of the TV station out of control and the intensification of infighting. ATV's share price has been tumbling.
Now put some good news for ATV's stock price to rise first.
"Oh, Mr. Chen, why is that?" asked Wang Zheng puzzled
"I need to short a wave, smash ATV's stock price down by more than 95%, and then launch an acquisition, I haven't built a short position yet, you start to release negative news, I can't open a position!" Chen Hui said frankly
Chen Hui wants to absorb these buying orders as much as possible and short them at a high level as much as possible, so he has to go up to ATV's stock price first.
"No problem, Mr. Chen, I know how to do it!" Wang Zheng said, this time he wants to smack ATV's shareholders
The wicked, the villain, he is willing to do it,
Wang Zheng is now in Hong Kong's entertainment reports, and he is often caricatured as an "ATV sinner" and "TV scumbag". In 2010, he joined ATV through his distant relative Huang Bingjun, holding 52.4% of the shares, and the other major shareholder, namely Tsai Yanming and Cha Maosheng, the chairman of Taiwan's Want Want Group, originally planned to cooperate with Cha Maosheng to build a media kingdom across Hong Kong and Taiwan, but Wang Zhengxian assassinated, bought shares from other shareholders, and became the controlling shareholder.
Cai Yanming's investment was only 180 million yuan, which was not much, but because the original idea was broken by Wang Zheng, he was very unwilling, and said that he was excluded from the board of directors and was not allowed to view the account books. Wang Zheng sent his cousin Sheng Pinru as the director of ATV, and directly conveyed his orders to command ATV.
"Okay, then it's up to Mr. Wang to look at ATV!" Chen Hui said with a smile
This time, while ATV was on fire internally, the outside dealt a heavy blow to ATV, and when the time came, those shareholders begged to buy their shares at a price of HK$0.1.
Either ATV goes bankrupt, and then auctions off various assets under ATV's name, but the money obtained from the auction of these assets must be returned to ATV's creditors first, that is, the debts are repaid first, and the rest of the money is distributed to the shareholders, but now ATV is already insolvent, and the shareholders cannot get a penny at all, which means that there is no return.
Either sell the stock in your hand to yourself at a very low price.
"Then Mr. Chen, I'll be there now, I'll give you my share agreement first, and we're making a legal contract!" Wang Zheng said
At this moment, Wang Zheng still holds stocks with a market value of 700 million Hong Kong dollars, and now ATV still owes him a debt of 700 million Hong Kong dollars, and he once spent 2.7 billion yuan to invest in ATV, but he did not expect that after all these years, the 2.7 billion has shrunk to 700 million! At this moment, he wants to get out of the quagmire of ATV. Chen Hui used 500 million Hong Kong dollars to acquire his shares with a market value of 700 million Hong Kong dollars, although he lost 200 million, but Chen Hui promised him to make up ATV's 700 million Hong Kong dollars debt at one time afterwards, but he needed a legal contract, for fear that Chen Hui would turn his face and give him a knife at that time.
"No problem, Mr. Wang, I will buy the shares in your hands now, as for the debt that ATV owes you, I will pay you in a lump sum after I buy ATV!" Chen Hui said frankly
Chen Hui bought nearly 50% of Wang Zheng's shares for HK$500 million, and then after acquiring ATV, he paid HK$700 million to Wang Zheng.
"Okay, Mr. Chen, then we have a happy cooperation, I'll go over, let's shake hands together and celebrate!" Wang Zheng said with a smile on the phone, he was very happy at the moment, when Wang Zheng entered ATV, he proudly said that he would build ATV into "Asia's CNN" and take out 2 billion to revitalize ATV. However, due to the lack of understanding of the TV industry by non-professionals, the lack of common sense in managing media groups, and the lack of experience, it seems that they have made a few drastic programs, but because they do not meet the taste of Hong Kong audiences, they even fell directly to 0 ratings several times, and they were broadcast in the midst of boos. Moreover, ATV also made a serious news misreport incident in 2011, broadcast the false death of a national leader, and was fined 1 million Hong Kong dollars.
2 billion is completely spent in less than 5 years, which is equivalent to throwing more than 1 million into the sea every day. The TV industry has always been very expensive, let alone in Hong Kong. Fang Yihua of Wireless once said, "It's like pushing a Ferraris into the sea every day." Doing a good job in TV content requires good creativity, a good team, good talent, and the dedication of the leader. ATV, on the other hand, has lost many of its necessary prerequisites.
ATV has been losing money, with a loss of HK$340 million in 2012 and a further expansion to HK$378 million in 2013, and the salaries of the remaining more than 700 employees have been paid by Wang Zheng. said that there are many people who want to be contacted, but no one actually negotiates, this mess makes people who really want to do TV scared, and makes people who want to do business feel unprofitable
After hanging up the phone .........., Chen Hui stretched his waist, lay down on the boss's chair, and knocked on Erlang's legs, shaking and shaking, and the whole person looked very comfortable.
Chen Hui doesn't plan to take the controlling stake of ATV, and then become a major shareholder, but to swallow ATV into his stomach, and the boss of ATV will only be himself in the future!
Because of ATV's financial deficit for many years, shareholders would rather be busy with lawsuits against lawyer Qian, and only blindly lay off employees to reduce expenses, cut salaries, and lose talents, such as Bao Qijing, Chen Liyun and other old actors were forced to leave, and the production team left collectively, not to mention that leading artists such as Tian Ruini , Jiang Meiyi, etc. have long been out of TVB. Since 2007, ATV's local dramas have been filmed less and less until they are discontinued, and in the past two years, ATV has no money and no one to produce self-made programs, relying on replaying old dramas and purchased dramas to forcibly kill time, and the picture plot has long been unable to keep up with the times, Chen Hui plans to reorganize ATV's glory.
…………………..
An hour later, Wang Zheng wore a big hat and covered his face, took a taxi to the HSBC building, and then entered the building through the back door, holding a share agreement in his hand and a legal contract to Chen Hui's office, and the two hugged warmly.
…………..
After signing the agreement, the two celebrated with a glass of champagne.
Then we talked a little more.
"Mr. Chen, then I'll go back and make arrangements first!" Wang Zheng said, and then put on his hat again.
This time he quietly came to see Chen Hui, for fear of being discovered. So wear a hat and cover your face.
Just now, the two of them discussed all kinds of conspiracies and poisonous schemes, and no one knew that he had conspired with Chen Hui in private, and joined forces to pit other shareholders of ATV, as well as some shareholders in Hong Kong.
For Wang Zheng, ATV will go bankrupt sooner or later, and now he can't even afford to pay the wages of his employees, he went around to help ATV borrow debts, and now he met Chen Hui, he just wants to get out of this mess as soon as possible. cooperated with Chen Hui to stage a play, anyway, he is poor and does not think about his friends, not to mention that ATV's shareholders are his enemies.
The entire ATV is infighting, he is really fed up, if it continues like this, sooner or later, everyone will lose all their money.