Chapter 78: Investment Direction (Part I)
After Jiang Ran knocked the company's management in Ranfeng Film Company, he was a little troubled by a report from Chen Fang, who was financial, in the group company.
At this stage, it stands to reason that there should be no problem in the financial aspect of Ranfeng Group, even if the "Oriental Charm" magazine and clothing are exploring the Southeast Asian market, but their funds can basically be self-sufficient, and will not bring financial pressure to the group.
So what made Jiang Ran spare his head?
For Jiang Ran and Ranfeng Group, what bothered them was actually a happy trouble.
In June, Ranfeng Group raised about 50 million Hong Kong dollars for investment in Asia Television, but in the end it only got more than 10% of the shares and used more than 30 million funds, so that Ranfeng Company had about 20 million surplus funds in its hands.
For a person like Jiang Ran, who is more conservative in investment, he has some cash in his hand that can be used at any time, and he has more room for maneuver in the development of the group, which is a more reassuring thing.
However, with the painting of "Police Story", the box office stratification has been put in place one after another, and the distribution rights outside SH have been determined. The group had more and more cash on hand, and by mid-August, Ranfeng Group had more than 50 million Hong Kong dollars in cash in its account.
After Jiang Ran confirmed the copyright deal with Golden Harvest, the amount of this fund was further increased. So now Jiang Ran's trouble comes, how to use so much cash to avoid risks and maximize benefits at the same time?
It was now the end of August 1982, and the economic situation in Hong Kong had deteriorated further, especially in the real estate market and financial markets.
Now in Hong Kong, after the real estate boom in the 70s, the signs of the real estate industry malaise have been obvious since the beginning of this year, and now the prices of Hong Kong's housing and commercial buildings have begun to decline.
But as far as Jiang Ran's memories of some yes and wrongs can be seen, the current malaise is only the beginning of the collapse of the real estate market. Jiang Ran vaguely knew that it seemed that after Thatcher's visit to China, due to the impact of the Sino-British negotiations on Hong Kong's return to China, Hong Kong's real estate market was further impacted and quickly ushered in an avalanche.
Against this backdrop, prices in Hong Kong's land transactions, property market and rental market have fallen rapidly, by nearly 50 percent.
Jiang Ran's original plan was to acquire some real estate this year, anyway, he knew that Hong Kong's housing prices would definitely rise in the future, and he would definitely not lose money by taking advantage of the current opportunity to reserve more real estate.
But now that Ranfeng Group has successfully invested in Asia Television, Jiang Ran's influence in Hong Kong has further increased. In the film market, due to the increase in the influence of Ran Feng, several major cinema companies have a faint tendency to suppress Ran Feng's films.
Therefore, when "Police Story" was released, Jiang Ran began to worry a little in his heart, and considered the possibility of forming a theater by himself.
Now in the face of the idle funds of nearly 100 million Hong Kong dollars of Ranfeng Group, Jiang Ran is a little hesitant. Although this amount of money seems to be a lot, it is good for real estate investment or the establishment of a cinema chain.
Buying real estate is certainly a surefire deal, and if you miss this opportunity, there will not be many opportunities like this in the future. At this stage, if the cinema chain is established, the risk is relatively large, because the film source that Ranfeng Film Company can provide at this stage is serious but insufficient compared to the entire cinema chain, but it is very important for the future development of the group.
Jiang Ran thought about it for a long time, and between the two, he still couldn't make up his mind. Jiang Ran smiled bitterly and shook his head, forget it, since you are thinking about it alone and can't figure it out, let's ask for the opinions of others.
Thinking of this, Jiang Ran picked up the phone on the table.
"Director Le, I'm Jiang Ran. You tell the group executives to come to the conference room for a meeting. Jiang Ran said into the phone.
"Okay, Mr. Jiang. I'll let you know right away. Le Zhiren's voice came into Jiang Ran's ears through the microphone.
After hanging up the phone, Jiang Ran picked up the report that Chen Fang had handed over earlier, and came to the conference room in contemplation.
After Jiang Ran waited in the conference room for a while, the company's top management finally arrived.
Raising his head, Jiang Ran saw everyone looking at him curiously, obviously not quite understanding Jiang Ran's purpose for convening everyone's meeting.
"Ladies and gentlemen, we have convened a meeting today for two purposes. Jiang Ran sat at the top of the conference room, stretched out two fingers and said to everyone.
"First of all, as you may have heard, I was in a meeting at the studio two days ago, and I was very unhappy with how well they worked. ”
"Although I am the general manager of the film company, because my main focus is on the group's side, and I need to shoot films, I can't take into account the management of the film company in many cases, so Director Le, you need to find someone for me who can manage the daily affairs of the film company as soon as possible. ”
Jiang Ran said this, and turned his head to look at Le Zhiren.
"No problem, Mr. Jiang!" Le Zhiren replied immediately after hearing Jiang Ran's command.
Jiang Ran nodded to Le Zhiren, then looked at the others, and then said, "This second thing is a happy trouble. ”
"Our group has a very big profit in the movie "Police Story", and now all kinds of funds have been received, and now our group's idle funds are nearly 100 million Hong Kong dollars. ”
Jiang Ran said excitedly, looking up and seeing several executives out of Chen Fang, they all looked at themselves with shocked and excited faces, Jiang Ran shook his head with some distress while being proud, and said: "Such a large amount of money, it is definitely impossible to be completely idle, and it needs to be used, so how should we use him?"
Le Zhiren was speechless, this is really a happy trouble. Now that Hong Kong's economy is in a recession, many companies are begging their fathers and mothers everywhere because of the shortage of funds.
Jiang Ran was distressed because there were too many idle funds, but he couldn't find a place to invest. I don't know if Jiang Ran's remarks today will be knocked out by those who are desperate for funds but can't.
Several senior managers looked at each other, and finally Le Zhiren spoke first, after thinking about it, he said to Jiang Ran: "Mr. Jiang, our group is now in the fashion magazine and decoration brand, although it is opening up the Southeast Asian market, but their own hematopoietic ability can fully meet the needs of expansion, and there is no need for our group to worry about it." ”
In addition to the charm of the Orient, Wei Jianbang of Tiantian Daily proposed to the group the plan to set up a magazine in addition to the newspaper, and the group replied that he needed to consider it, and now it seems that he can directly agree to him. ”
"In addition, I think we can consider expanding outward on the basis of abundant funds in the distribution of books, periodicals, audio-visual discs, which will help improve our film and television distribution capabilities. ”
"Also, the production goal of our film and television works this year has not been reached, plus ATV's TV program, I am afraid that we need to leave a certain amount of funds in this regard. ”
"Finally, in terms of film distribution, we don't have our own cinema chain, which has a growing influence on the release of our films in Hong Kong. Mr. Jiang, do we need to think about the problem of cinemas? ”
Jiang Ran listened to Le Zhiren's speech, did not express his opinion, but looked at the others and asked, "Do you have any other opinions?"
Ran Dong of the Market Investment Department saw that others had no intention of speaking for the time being, so he suggested to Jiang Ran: "Mr. Jiang, since we have plans to build a theater, can we not take advantage of the current sluggish real estate market in Hong Kong and the sharp drop in housing prices to win some real estate?"
"In the future, these properties will be a good choice for building cinemas or renting and selling. This is a rare opportunity now, and I even think we can invest in debt if we can. ”
Jiang Ran listened to Ran Dong's words and looked at him in some surprise. In the current environment where most people in Hong Kong are not optimistic about the real estate industry, Ran Dong suggested that Jiang Ran invest in real estate, which is a very good vision.
Several other people in the conference room also looked at Ran Dong in surprise, but Gui Zecheng looked thoughtful after listening to Ran Dong's words.
"Mr. Jiang, I also agree with Minister Ran's proposal, we can indeed take advantage of the current real estate recession to make some real estate investment attempts. ”