Chapter 190 Share Reduction and Dividends
Regarding the change of shares, Liu Xun had actually discussed with other shareholders of Country Garden on the phone before, or he would not have directly proposed a surprise attack at this time, and he and Lian Haotian had reached a general intention between them.
Liu Xun has 40% of the shares of Country Garden, and is currently the largest shareholder of Country Garden, but Liu Xun himself almost does not participate in the management of Country Garden, the main operation and management is Shan Xiuling is in charge, acting as the role of CEO, Zhou Peidong is mainly responsible for the construction site, Lian Haotian assists Shan Xiuling, and Gao Wei is responsible for solving the matters that need to be seen on the official side.
And Liu Xun just made some suggestions from a high position, and almost did not participate in the daily management, in this case, he felt that it was not suitable as the largest shareholder of Country Garden, so in addition to Liu Xun's preparation to allocate two percent of Shan Xiuling's shares, he was only ready to retain thirty percent of the shares in the end, and the remaining eight percent, Zhou Peidong and Lian Haotian each half.
Of course, the shares given to Shan Xiuling belong to the management allotment, and Shan Xiuling does not need to pay money for it, but to give Zhou Peidong and Lian Haotian four percent of the shares, that part of the shares need to be bought by Lian Haotian and Zhou Peidong with money, and they will not be given to them in vain.
Country Garden is at this time when it is developing vigorously, almost every day, and the value is also increasing, although Zhou Peidong and Lian Haotian are surprised by Liu Xun's approach at this time, but they are extremely willing to accept the matter of share trading.
Of course, at this moment, Country Garden is not easy to value, and Country Garden is not listed, so it is impossible to make an accurate valuation of Country Garden.
At the beginning, when a few people traded with Yang Yuqiang, after the entire Country Garden was stripped of its debts, Yang Yuqiang and several contractors got only 30 million yuan, and Liu Xun and others needed to pay it in installments, plus the original bank loan of 40 million, and a total of about 20 million debts from the builder and building materials manufacturer, in fact, the overall valuation of Country Garden at that time was only about 90 million.
But now, only less than four months later, Country Garden has undergone earth-shaking changes, only the first phase of the project is worth as much as 700 million, plus the second phase of the project that is now on sale, adding up to 2.5 billion, this is not counting Yang Yuqiang bought a large amount of land at the junction of Bijiang and Guishan, and the construction of the third phase of the project can also be carried out.
Therefore, in less than four months, the overall value of Country Garden has soared dozens of times, and the overall value should be calculated in billions. However, it is also because of this that the actual value of Country Garden is not very easy to value, and it is not suitable to calculate according to how many times the price-earnings ratio, and it is naturally even more inappropriate to calculate according to the current value of Country Garden.
Of course, Liu Xun didn't dwell too much on these, so after a few people simply agreed, they sat down and decided, Zhou Peidong and Lian Haotian, each at a price of 135 million yuan, a total of 270 million yuan, took over 8% of Liu Xun's shares, this price, both parties are more satisfied.
However, Shan Xiuling finally expressed her objections, she thought that the 4% allotment was too much and not appropriate.
According to the transaction price between Liu Xun and Zhou Peidong, the value of 4% of the shares reached 135 million, and suddenly gained so much wealth, which obviously made Shan Xiuling a little unaccustomed, even if this is only the wealth on the books, not real cash.
Therefore, in the end, Shan Xiuling only accepted 2% of the allotment, and Zhou Peidong and Lian Haotian did not have to each give 1% of the shares to Shan Xiuling, but they each needed to make up another 15 million yuan to Liu Xun.
"Sister Xiuling, you gave up the opportunity to be a billionaire, do you regret it?" Liu Xun looked at Shan Xiuling with a smile, Liu Xun still admired this woman who showed a high level and quality of professional managers in her twenties, in fact, Shan Xiuling's salary when she worked for Lian Haotian was not low, an annual salary of 100,000 plus share dividends.
"Hmph," Shan Xiuling wrinkled Xiao Qiong's nose and snorted from her nostrils, "I can't compare to Xun's appetite, how much food I eat with a big belly, my own level I know, I can have two percent of the shares, I am already very satisfied." Besides, even four percent of the shares are not worth 100 million now, and your transaction is included with a large premium. ”
Liu Xun nodded, what Shan Xiuling said is true, according to the price of the stock transaction between the two parties, Liu Xun They valued Country Garden according to 3.4 billion, this valuation is actually a lot more than Country Garden at this time, the second phase of Country Garden is less than 20% completed, so the overall valuation of Country Garden cannot exceed 1.5 billion, even after the completion of the second phase of the project, the overall value is only about 2.5 billion, but in fact, Zhou Peidong and Lian Haotian both thought that they took advantage of Liu Xun and accepted Liu Xun's great affection.
They are well aware of the high growth of Country Garden, in November, the value of Country Garden was only 90 million, but now it is more than 1 billion, the value of more than 10 times, here, most of it is Liu Xun's credit, and this high degree of growth is still continuing, and will continue to grow, in this case, at this price to obtain shares, they think they take advantage of Liu Xun's great advantage.
With Liu Xun's acquisition of Cisco for 2.1 billion yuan in the past, they also fully realized that several people's stalls in China, in front of Liu Xun, really had some small troubles, so they inherited Liu Xun's love.
After the completion of the share transaction, Country Garden's current share situation is that Zhou Peidong owns 34% of the shares and is the largest shareholder of Country Garden, Lian Haotian and Gao Wei have a total of 34%, but the voting rights belong to Lian Haotian, Liu Xun personally owns 30%, and Shan Xiuling owns 2% as the CEO, which constitutes the current share distribution of Country Garden.
Of course, although he gave Zhou Peidong and Lian Haotian some cheapness, Liu Xun's own return is still extremely rich, four months ago, his investment in Country Garden was only 15 million yuan, but now the return is as high as 300 million yuan plus 30% of the shares, this rate of return is really not ordinarily high.
Of course, Liu Xun's investment, in addition to the 15 million, should also be counted in the various suggestions for Country Garden, after all, Country Garden can have success at this time, and Liu Xun's previous proposals for education real estate, star real estate and other proposals are inseparable, without Liu Xun's proposals, the 1500 villas in the first phase of Country Garden, I am afraid that they are still rotten in their hands, here, most of them are Liu Xun's credit, and there are also political resources invested by Lian Haotian and Gao Wei.
However, looking at the sales materials of Country Garden in their hands, several people were really not very emotional.
Since the end of 91 years, a few people took over Country Garden, in less than four months, the total sales of Country Garden has reached an astonishing 500 million yuan, on average, close to 150 million per month, which is a miracle in the domestic real estate at that time, even if it is put in a single real estate more than ten years later, it is also a good performance.
With this 500 million sales, Country Garden already has a strong cash flow at this time, but even so, the 300 million yuan that Zhou Peidong and they want to trade to Liu Xun still needs to be paid in installments, because the 500 million sales, even if all of them are used as dividends and distributed to Zhou Peidong and Lian Haotian, only exactly 300 million yuan, so Zhou Peidong and they can't pay Liu Xun all now, and they lack the ability to pay.
In fact, the 500 million cash, because of the operation of Country Garden, etc., has actually spent tens of millions, Shan Xiuling is holding in her hand, and now there are only more than 400 million, and this year, it is Country Garden to spend a lot of money, in addition to publicity costs and brand building costs, Country Garden will complete the second phase of the project in this year, this alone will need hundreds of millions of funds, and it is also necessary to build a five-star hotel, and Jingshan School needs to start classes, etc., these add up, all need a lot of funds, Liu Xun's 300 million can only be paid off within a year.
Because the shares are going to change, Country Garden still carried out the first share dividend. Take out 200 million from the sales of 500 million to dividends, according to the original share ratio, Liu Xun can get 80 million, Zhou Peidong and Lian Haotian 60 million each, of course, their dividends, each person has to take out 50 million to pay Liu Xun, that is to say, after the dividend, this kid has an extra 180 million cash in his hand.
After the discussion, a share transfer contract was signed, looking at the extra 180000000 yuan on the books, Liu Xun couldn't help humming a little song, we ordinary people, really happy, really happy...... Carefully calculated, this kid originally reserved $50 million for his loan at Citibank, $12 million on his books when he registered Huaq Technology in Silicon Valley, and paid $7 million to Scooper, and he had $31 million left, converted into RMB, more than 170 million, plus the dividends obtained this time, it was as much as 350 million.
With so much cash in hand, looking at the country, Liu Xun is probably one of the few people. In these years, there are really few people who can hold such a large amount of cash flow in their hands, and with so much money, it is enough to support Liu Xun to do many things, and many of his ideas have the possibility of practice.
Moreover, the 350 million yuan, in fact, has not counted the profits on the land certificate, the profit of the United States land certificate alone in the past two months is as much as 230 million yuan, here Liu Xun accounts for 70% of the share, and the dividends are distributed to him as much as 160 million, but the dividends on the land certificate, Liu Xun wants to wait until after the dealer conference to share, and after the dealer conference, he can collect a large amount of money, and then share more, but now it is not in a hurry.