Chapter 338: The Value of Chips Speculation!
"Mr. Su, meet again!"
When Su Yu walked into the private room, he saw that in the private room, in addition to Yang Hao, Su Yuying was also there, and Su Yuying didn't wait for him to sit down, so he took the initiative to greet him: "Mr. Su is now, it's different from the past!" ”
"Where, Mr. Su is polite." Su Yu shook hands with Su Yuying slightly, sat down and said, "It's Mr. Su, since the last time we met, it has become more and more radiant." ”
"Well, they're all acquaintances, so don't be so polite." Seeing that the two of them were talking about the scene, Yang Hao couldn't help coughing lightly, and answered, "Su Yu, the two of us can be regarded as old friends, so if you have anything to say, I will just say it and don't beat around the corner." ”
"It's nature." Su Yu responded, "If you have anything, just say anything." ”
Yang Hao nodded, and while instructing the waiter to serve the food, he said: "It's still the same thing I told you last night, I still hope that the two of us can cooperate, and the land on the eastern suburb of the Qianjiang River in your hand is very important to us Kumho Group and me." ”
"Of course, the price is ......"
"My aunt and I had a brief ventilation with some old shareholders of Kumho Group this morning and made a search."
"Everyone thinks that the value of that piece of land, after the 'Qianjiang New Area' planning document comes out, even if it can be converted from industrial land to commercial land, the value should be between 950 million and 1.05 billion."
"Between 950 million and 1.05 billion?" Su Yu frowned and said, "Yang Hao, this price ...... Unless you can give all the cash, otherwise, if the value of the additional shares is calculated, I am afraid it is difficult to accept, after all, the additional shares have a lock-up period, and the value must be discounted. ”
"Su Yu, don't worry, wait for me to finish speaking." Yang Hao paused and continued, "This is just the initial value expectation in many people's hearts, not that it can't be discussed, as far as I am concerned, I naturally hope that the higher the value of the chips in your hand, the better, after all, the higher the value of the chips in your hand, the more shares the group will issue to you, and the more it can dilute the number of shares and equity in Yang Jincheng's hands." ”
"But ......"
Yang Hao thought for a while and continued: "This has to be done step by step!" It will not be useful for me to convince the shareholders within the group that I am raising the price, and I have to add a fire to the Ning family of 'Pengyuan Real Estate'. ”
Seeing him say this, Su Yu pondered in his heart, understood, and said, "Okay, but you have to release the news about this matter, and the Ning family will take the initiative to find the door." ”
"That's fine." Su Yuying said, "But if we help Mr. Su raise the price, Mr. Su also has to promise us a condition." ”
Su Yu pondered for a moment, smiled, and said, "I know what you want, so be it...... As long as the value of the land in my hand can rise to more than 1.3 billion yuan, that is, if I can make a corresponding share increase according to the appraised value of 1.3 billion yuan, if I enter Kumho Group, I can bind the corresponding share voting rights to you and sign a concerted actor agreement to help you regain control of the group. ”
According to his plan to take the land at that time......
He just wants to use this as a bargaining chip to convert the value of the land into the equity of a high-quality real estate company.
At this time, Yang Hao and Su Yuying took the initiative to put forward conditions to introduce him to Kumho Group, but it was exactly what he wanted.
Of course, in this matter, on the whole, everyone also takes what they want, he hopes to raise the value of the chips in his hand and make more profits, while Yang Hao and Su Yuying want to use him and the value of the chips in his hands to further dilute the equity of the shares in the hands of the major shareholders of the group, so as to unite with Su Yu and steal the control of Kumho Group.
In order to finally seize control of Kumho Group, the two felt that it was okay to conspire with him to give part of the interests of Kumho Group to Su Yu, after all, the value was overestimated, and it was the interests of all shareholders who were harmed, not just the two of them, and they were not the largest shareholders of the group, so they naturally corresponded, so they were at ease.
"Good!" Yang Hao said happily, "What I'm waiting for is Brother Su's words!" Don't worry, I will do my best to help you raise the value of the land in your hand to 1.3 billion. ”
Saying that, Yang Hao poured wine for Su Yu, drank a glass, paused, remembered something again, and said: "Oh, by the way, Su Yu, what kind of county magistrate Chen in your hometown county called, I asked my aunt to send someone to investigate, your place ...... Even if I finally get the control of Kumho Group with the help of the land chips in your hand, it will be difficult to pass such a project and submit it to the board of directors for resolution. ”
"Since you don't think it's valuable after you inspect it, then forget it!" Su Yu said, "I'm just a matchmaker, after all, no matter how much I think about my hometown, I can't force you Kumho Group to develop a project that is destined to lose money." ”
Yang Hao nodded and said: "You understand, in fact, this kind of project is still done by the local urban investment of your hometown county, or by your local developers in Yuzhou, of course, if the construction of the new city and the demolition and reconstruction of the old city are linked, the local finance is willing to carry out certain financial subsidies for the construction of the new city and the demolition and reconstruction of the old city to ensure the sales of new development real estate, it is not impossible." ”
"Don't think about financial subsidies." Su Yu said, "We are a poor county, financially, there is no money." ”
Yang Hao said: "Since this is the case, there is no way. ”
"Yes!" Su Yu nodded slightly, and then skipped the topic.
Subsequently, the two talked about the trend of the real estate industry and the future development of the industry, and they both felt that the grand strategy of 'urbanization construction' and domestic housing prices still have room for further progress, and they are relatively optimistic about the future of the industry.
In a conversation that is relatively pleasant and where the interests and needs are basically the same.
It wasn't until about 9 o'clock in the evening that the three of them dispersed.
Walking out of the hotel, Yang Hao saw the assistant Dai Lingna who had been following Su Yu's side, and always felt that this girl was a little familiar, but in the end he didn't ask much.
The next day, Saturday, March 1.
Su Yu woke up, thinking that after Yang Hao and Su Yuying released the news, the person in charge of Pengyuan Real Estate would definitely come to the door as soon as possible, snipe Kumho Group, and talk to him about the land on the bank of the eastern suburbs of the Qianjiang River, but he didn't expect it...... The first person to come to the door was Chen Yao of Chenghui Holdings.
"Mr. Su, are you busy? If you have time, how about having a meal together at noon? Chen Yao said on the phone, "I'm in Yuhang, and Wan Ting is too!" ”
"Okay!" Su Yu smiled and said, "Miss Chen book a place, and I'll be there in a while." ”
He roughly knew what Chen Yao was looking for him, and since the other party came to the door, he wanted to ...... This must also be clarified and better.
"Good!" Chen Yao responded, and then said a place.
Su Yu knew the hotel that Chen Yao was talking about, so he responded, hung up the phone, changed his clothes, and saw that Li Meng was not there, so he drove out alone.
Come to the agreed place with the other party.
I saw that in the private room, Chen Yao and Xie Wanting were talking and laughing.
"Mr. Su, I said that we will meet again." Seeing Su Yu coming, Chen Yao shook hands with him with a smile, and after sitting down, he said directly, "Mr. Su should already know the news of the development of Qianjiang New Area, right?" According to internal information, the State Council has approved the relevant development documents, and it should not be a few days before there should be clear news in Yuhang City and Province. ”
"Last time, ...... in the magic capital"
"I once said that the piece of land on the bank of the eastern suburbs of the Qianjiang River in Mr. Su's hand is very likely to be a treasure land."
"I didn't expect it to be a prophecy now."
"I heard that Kumho Group has been in contact with Mr. Su? They are really fast, I don't know what price Kumho Group can give you the chips in your hand? ”
When Su Yu heard her words, he smiled, and did not answer directly, but asked with a smile: "It seems that you Chenghui Real Estate also want this land!" ”
"It's nature." Chen Yao said, "The potential of the city of Yuhang, the current has not fully exploded, this city, is the potential to become a new first-tier city, we Chenghui real estate wants to lay out here, but the original city core, has been the domestic first-class echelon of real estate developers, as well as Yuhang local Pengyuan real estate, Kumho Group two leading real estate developers carved up, we want to take land in the core area, whether it is the cost, or the price, are too expensive, and fierce competition, the development cost is not cost-effective, really to do, There is a lot of development risk to bear. ”
"According to the latest Qianjiang New Area development planning documents......"
"Mr. Su, the 250,000 square meters of land in your hand is undoubtedly the core plot in the development planning area of the new district."
"If we can get it, in the next 5 to 10 years, based on this, we will basically be able to gain a firm foothold in the city of Yuhang."
"I just don't know what the conditions they can give when you contact Kumho Group?"
"Miss Chen, how much does the piece of land in my hand think it is worth?" Su Yu didn't answer, but asked rhetorically.
Chen Yao thought for a while and replied: "According to the current average housing price in Yuhang, the land price of suburban commercial development, 3500 to 4500 is reasonable, and I don't say that the land in your hand is an industrial land attribute, just according to the commercial development land in the new district plan, the area of 250,000 square meters should be between 800 million and 100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 ”
"Then what is the highest price that you Chenghui Real Estate can offer?" Su Yu asked again.
Chen Yao thought for a while and said, "I'll calculate the land price of 4,500 for you, up to ...... 11 billion. ”
"All in cash?" Su Yu asked.
Chen Yao replied: "It's impossible to pay all in cash, in the past two years, real estate is in the stage of policy suppression, and the newly opened real estate is not so easy to sell, even if it is a real estate group with a scale of 10 billion, it is also a fool's dream to withdraw 11 billion in cash, which is also a fool's dream, not very realistic." ”
"If we value the land in your hands according to 1.1 billion, Mr. Su."
"Well, we can only pay in installments, or rather...... It can be offset against the value of the corresponding value of the real estate after the commercial development, and part of the payment can be made. ”
"Of course, if you have to ...... cash"
"Then we can only value according to the lower limit of valuation, and we can only pay you a maximum of 850 million."
"In fact, even if you sell the land in your hand at a price of 850 million, you will make a huge profit of 750 million in one year, a full 7.5 times the net profit, which can be called an investment myth."
"850 million!" Su Yu chuckled and said, "Does Miss Chen know what price Mr. Yang Hao, who contacted me from Kumho Group, is willing to pay?" At least 13 billion! ”
"1.3 billion!" When Chen Yao heard this number, his heart was very shocked, "Acquisition at this price, even if it is a full commercial development, based on the current average house price in Yuhang, it is determined to be a loss, is Kumho Group crazy?" Although the current macro policy has loosened the restrictions on real estate a little, the future expectations are not necessarily very good, and they do this...... It's basically gambling. ”
Even with the highest price she offered, 1.1 billion, Kumho Group's bid was a full 200 million higher.
With such a cost gap, she can't make a decision, and she doesn't have the courage to gamble.
Of course, she didn't know that Yang Hao of Kumho Group was willing to pay a premium of 200 million because he wanted to pry the control of Kumho Group, after all, compared to seizing the control of Kumho Group, the separation of 200 million interests was not so important and uncomfortable.
"That being the case, then we Chenghui Real Estate can only give up." After pondering for a long time, Chen Yao sighed and said, "After all, no one knows the development results and future of Qianjiang New Area, I can't gamble with a premium of 200 million, I can only wish Mr. Su a fortune." ”
Su Yu said with a smile: "I also know the price of 1.3 billion, Miss Chen will definitely not agree, your Chenghui Real Estate, in land acquisition and commercial development, has always been relatively stable, like this kind of radical project that is difficult to predict the future, you will definitely not spend a high price to do." ”
"But ......"
Su Yu paused and continued: "I hope that when Miss Chen publicizes it to the outside world, she still expresses that you have a strong intention to negotiate, and raises the negotiation price to 1.32 billion!" ”
"Mr. Su, this is ......" Chen Yao didn't react for a while when she heard Su Yu's words, and asked, "Why?" ”
Su Yu replied: "Has Miss Chen participated in the auction?" An antique item worth 5 million, how to sell it for 10 million, Miss Chen should understand, right? ”
"Successive buyer bids, regardless of whether the buyers participating in the bidding are true or false."
"Then, at the end of the day, the buyer who really wants this antique item will have to pay 10 million yuan."
"And now, the land in my hand is this 5 million antique item, and there are currently two buyers who want this antique item, of course, there is only one who is willing to pay a high price in the end."
"Got it!" Listening to Su Yu's explanation, Chen Yao had completely understood, and couldn't help but praise, "Mr. Su is really a business ghost, and he has to be admired." ”
She knew that Su Yu was taking advantage of the opportunity to negotiate and wanted to use their Chenghui real estate as a trust.
However, she doesn't hate Su Yu, and she feels that Su Yu's future development potential is not small, and if she does this favor, she may be able to get a lot of rewards in the future, so she didn't say no.
"Wait, cousin, I don't understand what you're saying." At this time, Xie Wanting interjected, "Why are there two real buyers, but in the end, there is only one who is willing to pay a high price?" ”
Chen Yao saw that Xie Wanting was confused, and couldn't help explaining: "The two buyers that Mr. Su said are Pengyuan Real Estate and Kumho Group, which is not difficult to understand, the two local developers in Yuhang, since ten years ago, have competed with each other and accumulated countless business grievances, and in the end, they are willing to pay a high price, I guess Mr. Su should be talking about Kumho Group, right?" ”
"I just thought of ......"
"Mr. Su said that the person you contacted was Yang Hao of Kumho Group, and a bunch of gossip news of Kumho Group, I also heard about it, backdoor listing, father and son broke up, illegitimate children, and overturned in the background...... Under various internal disputes, this Young Master Yang, as the second largest shareholder of the group, must want to unite his mother's family and regain control of Kumho Group. ”
"And this piece of land in Mr. Su's hands is afraid that it is an opportunity for him to seize control."
"And in order to control the right to fool the shareholders of the group into making profits, and at the same time there are other external competitors to raise prices, then their motives and reasons for taking land at a high price are quite sufficient."
"In this case, it is not difficult for Mr. Su to sell 5 million antiques at a price of 10 million."
On the other hand, the Ning family of Pengyuan Real Estate, their control over Pengyuan Real Estate is actually far less deep than that of the Yang family of Kumho Group, and in order to hold on to the control, they do not dare to issue additional shares, dilute equity, and as for cash acquisition...... Although the scale of Pengyuan Real Estate is not small, it cannot come up with more than a billion in cash. ”
"What's more, even if you can come up with more than a billion in cash, Mr. Su can continue to raise the price."
"After all, in the end, Young Master Yang of Kumho Group, for the sake of control, will definitely do his best to persuade the internal shareholders of the group to follow to the end."
"As for our Chenghui Real Estate, in the eyes of Mr. Su, it is just a trust to follow the bid."
After listening to her cousin's explanation, Xie Wanting looked at Su Yu blankly, and only came back to her senses after a while, and said in shock: "What a powerful hype, Mr. Su is using the stock market trading skills to perfection in real business!" ”
Su Yu said with a smile: "In business, it is a scarce bargaining chip, so naturally there should be a price that maximizes benefits, Kumho Group can afford this price, and I speculate a high price to accept Kumho Group's private placement acquisition, for all parties, it has also achieved the win-win result that each needs to take what it needs, why not?" ”
"Awesome!" Seeing that Su Yu's calculations were too deep, Chen Yao also had to admire.
"Oh, by the way......" Xie Wanting changed the topic after understanding Su Yu's calculations, "After the Spring Festival, the stock market trend is very bad, I don't know what Mr. Su thinks about the current stock market shape and subsequent trends?" ”
When Chen Yao saw Xie Wanting's words, she asked very sensitively, and couldn't help coughing lightly.
Su Yu saw that Xie Wanting's eyes were clear, and he shouldn't have too many thoughts, so he replied: "It's just the darkness before dawn, the macro conditions are improving, and the macro capital side of the market is gradually loosening. ”
"Opportunity?" Xie Wanting thought about it, and her eyes lit up, "The recovery of the real estate economy?" ”
Su Yu said with a smile: "I don't know, maybe only when a certain news detonates market sentiment, can we know the next main line, but the direction of the real estate economic industry chain is indeed worth paying attention to." ”