Chapter 228~229 [New Hunter VS Old Aristocrat]

Cathay Pacific City Hotel Management Company.

Lin Zuhui was in the office, thinking about how to gain the trust of the small shareholders in the 'big hotel shareholders' meeting in half a month.

At the beginning of next month (May 4), the general meeting of shareholders of the hotel was officially held, and the term of office of chairman Michael Kadoorie has expired, and shareholders need to re-elect a new chairman. At the same time, Cathay City's proposal to 'appoint directors to the hotel' at the board meeting will also be voted on that day.

On both agendas, Lin Zuhui naturally hopes that he will win;

However, there was also a second-hand preparation, and the second proposal 'resident director' was won.

The public opinion war between Lin Zuhui and the Kadoorie family has been fought for almost two months, and it is time to enter the final stage of the sprint.

For minority shareholders or ordinary investors, the last thing they like is to face uncertainty, and the Kadoorie family has been managing the hotel for decades, and the minority shareholders are naturally worried that Lin Zuhui will expand too quickly when he takes over the hotel, or spin off the hotel.

Of course, Lin Zuhui is not without advantages, he is not like Da Liu's 'notoriety' in his previous life, he is a famous bone removal expert. Lin Zuhui enjoys the reputation of 'company doctor' and 'wonderful hand rejuvenation'.

In addition, Lin Zuhui's shareholding is 20% higher than that of the Kadoorie family, and I really don't know who wins or loses at the shareholders' meeting!

A smile appeared at the corner of Lin Zuhui's mouth! In fact, no matter what the shareholders' meeting is, he has a killer move, so why bother too much?

Thinking of this, he suddenly felt relaxed.

After a while, he took out his pen and paper and began to write a 'press release' - "How to Save the Old Nobleman - The Peninsula Hotel".

This is a speech he intends to publish in the newspaper, using his forward-looking vision and understanding of the hotel industry in recent months, to explain the current problems encountered by large hotel companies, as well as the general plan for future development.

The content is probably:

First, the expansion of large hotels in the world is slow; The Peninsula Hotel lies on the halo of the past, and sooner or later consumes the scenery of its supreme position in the hotel industry in Hong Kong, and it is not as good as it used to be.

2. With the development of international tourism, The Peninsula Hotel should be more active in its development and expand on a global scale.

3. The world's famous hotels should begin to dominate the world's hotel industry with their own expansion, and then start to dominate the world's hotel industry with the model of hotel associations (represented by Hilton, Sheraton, etc.).

Fourth, criticize the Kadoorie family's development principle of 'noble essence is not expensive', and should formulate the development principle of 'noble essence and expensive more'.

In the end, Lin Zuhui even openly deduced that after 20 years, the annual income of the hotel will be less than the net profit of a building in Central, and the glory of the past will be replaced by a new generation of hotels, referring to the rising Regent Hotel.

After closing the script, Lin Zuhui showed a satisfied smile, no matter whether this 'speech' is recognized by everyone or not, he will develop the 'Peninsula Hotel' brand into a world brand.

......

Lin Zuhui's "How to Save the Old Aristocracy - The Peninsula Hotel" has aroused huge public opinion in Xiangjiang, and mixed voices have come one after another.

Some people criticized Lin Zuhui for being 'too risky', while others praised Lin Zuhui for being 'pioneering and enterprising'.

Of course, the biggest reaction was the Kadoorie family, who immediately organized language to openly refute Lin Zuhui in the newspaper, and once again 'intimidated' a group of minority shareholders, and Cathay Pacific City's entry into the Grand Hotel could bring a 'devastating disaster' to the company.

Is the Kadoorie family really so confident?

Not necessarily!

At the family meeting, Roland said seriously to his son Michael: "This Lin Zuhui is not Liu Luanxiong, his reputation is much better than those snipers, and he has his own 'great achievements', which is likely to be recognized by some shareholders." So we also have to think about the possible surprise of the shareholders' meeting, that is, Lin Zuhui is elected chairman of the board of directors, or Cathay Pacific City joins the board of directors, so what should we do? ”

is different from his previous life, Lin Zuhui put a lot of pressure on Kadoorie and is even more difficult!

Of course, the Kadoorie family would never have thought that Lin Zuhui's final hole card was: privatization of the hotel.

Michael nodded, he also felt the strong pressure brought by Lin Zuhui, and he had been in contact with Lin Zuhui many times, and found that this person was always so confident and intimidating.

"Even so, our family will not give up on the hotel! At least, our reputation in the company is still far greater than Lin Zuhui. He's just relying on the fact that he has more equity, and that's it! If that happens, I plan to cooperate with Lin Zuhui and resolutely defend our family's management of the hotel. Michael said seriously.

At present, Lin Zuhui does not have the strength to privatize the hotel, so it is really the worst-case scenario, and it must be the two companies in charge of the hotel. The Kadoorie family has been running the hotel for so many years, and the recognition of the management and shareholders is very high, which Lin Zuhui can easily change.

Lorence nodded, agreeing with his son's statement.

"Yes, even if we cooperate, we also want to protect the honor of our family. Of course, I have convinced the vast majority of shareholders that the Kadoorie family will prevail against Lim Cho Fai at the shareholders' meeting. ”

In fact, for Lin Zuhui, he also does not want to privatize the hotel, after all, the price is too great and not cost-effective. He also has the ambition to work with the Kadoorie family, who is in charge of the big picture, the global footprint, and the Kadoorie family who run/manage the hotel.

......

Lim also began to visit the minority shareholders of the Grand Hotel to persuade them to support Cathay Pacific City at the Grand Hotel's shareholders' meeting.

"Mr. Ma, I'm sure that Rorentz must have come to you, but I want to say first of all, I will never maliciously split the hotel, I really want to participate in the development of the hotel and provide pioneering advice."

At this time, Lin Zuhui made an appointment with Ma Yanzhang, a major shareholder of the hotel, who, according to Mr. Leung, holds about 2% of the shares.

Ma Yanzhang is a veteran businessman, but he is also Chinese, so Lin Zuhui made an appointment, and he politely agreed, of course he knew what was going on.

"Lin Sheng, our shareholders are actually still very worried, you will be like the new era of real estate 'brave development', after all, we want to be more stable." Ma Yanzhang said worriedly.

Lin Zuhui said with a smile: "The big hotel is a hotel industry, and it is impossible to 'expand too fast' like the real estate department in the new era, and I have no plan to do that." However, we also need to understand, as I analyzed in the newspaper, if we are too conservative, will the big hotel decline? So, what I hope is to work with the Kadoorie family, we complement each other, and do everything for the better development of the hotel. ”

Ma Yanzhang immediately said: "Do you mainly want to enter the board of directors?" I can support that! ”

Lin Zuhui said: "Chairman of the board, I also want your support, of course, you don't have to express your position! I just want to say that the Kadoorie family is very good at running hotels, but they neglect to grow and expand. I think they are the deputy, and I am the forehand, so that we can better develop the hotel. It should be noted that I have not let investors lose money, and the shareholders who followed me have made a lot of money! ”

Ma Yanzhang's eyes lit up suddenly, yes, has this ever disappointed shareholders?

Lin Zuhui accepted it when he saw it, did not put too much pressure on any shareholders, and first kept his entry into the board of directors, and then sought the chairman of the board of directors.

......

......

Late April.

Lin Zuhui works in New Era Real Estate, and he first checked the site opening plan, and then checked the financial statements.

In 1987, New Era Real Estate is expected to launch 18 sites with a floor area of about 1.7 million square feet.

That's less than two-thirds of what Henderson Land did in 1986, when it sold 3 million square feet of residential floor area last year.

But Lin Zuhui is already very satisfied, Sun Hung Kai and Henderson are known as 'building factories', but they are not in vain. And the new era of real estate, not considering that before Lin Zuhui took over, it has only been developed for three years.

As for next year's plan (1988), according to Lin Zuhui's knowledge, the real estate in Xiangjiang only fell by 10~15% after the 87 stock market crash, and in 1988, the real estate in Xiangjiang broke out again (probably after April), with an increase of about 40%.

Overall, the 1988 sale plan was higher than the 1987 sale floor area, reaching about 2.3 million square feet.

For the company's performance forecast, Lin Zuhui and a group of management are very attentive and have made a lot of efforts; It is necessary to grasp the date of handover and construction of the building, the date of sale and the date of occupation of the flat. If every link is delayed, it will inevitably affect profits and capital returns.

Not only that, New Era Real Estate should let investors and international investment funds know about New Era Shares, and understand the excellent quality and appreciation potential of the stocks; Therefore, it is necessary to promote for a long time, and take the trouble to accept interviews with funds and newspapers to improve transparency and reliability of profit forecasts.

Lin Zuhui was very satisfied with the real estate plan, and then checked the accounting issues.

Soon, he called Liang Zhenxun: "I found that the company's cash flow is not bad, and I can use a sum of 200 million funds for about half a year!" ”

Liang Zhenxun knew something, so he replied: "There is really no problem with using 200 million funds, after all, our follow-up payment is very fast, and it will not affect the repayment time of the company's debts and the start of real estate construction." ”

Lin Zuhui nodded, and said: "Okay, use 200 million funds to invest in the September futures contract, and do it immediately!" It's still the old rule, buy in batches, don't startle the snake! ”

The so-called scaring the grass and snakes must just not alarm the market too much, but it must have some impact.

Liang Zhenxun said cautiously: "En." Is the boss inferring that this wave is an adjustment, and there is another wave of market? ”

Since the beginning of March, the Hang Seng Index has fallen from a peak of 2,950 points to 2,710 points. The boss has just bought the futures contract now, which means that he is very optimistic about the market outlook and thinks that now is the time to buy the bottom.

Lin Zuhui nodded and said: "Anyway, it won't fall, there is no problem with this round of rising to 3200 points, where is the economic situation of Xiangjiang!" ”

Liang Zhenxun had no more doubts, so he went to do something!

At this time, the three parent and subsidiary companies of the New Era Real Estate Department have all invested in the securities business:

New Era Real Estate has invested 200 million in the September futures contract, and according to the current situation, the average price may not be higher than 2710 points, so that after the delivery at the end of September, New Era Real Estate may make a profit of 400 million.

Cathay Pacific City Hotel Management Company invested 900 million blue chips (300 million deposit), which was purchased at the beginning of the year, with a conservative profit of 360 million ~ 400 million.

Chinese Real Estate invested 200 million in the September futures contract, which was bought in March, with an average price of 2,750 points, and may also make a profit of about 350 million.

Unknowingly, another 1.1 billion profits were made for the shareholders of the three companies!

This is no way to do it, Lin Zuhui does not make some money, as soon as the stock market crash comes, the debts of various companies are too high, and there may be a debt crisis, and the biggest loss at that time is Lin Zuhui, the major shareholder.

Who told Lin Zuhui to let his company expand too fast?

Although Lin Zuhui made billions for the company, he didn't feel a loss at all, because he would have to earn back from the company sooner or later! For example, he will take advantage of the '***** stock market crash', the real estate fell by 30%~35%, and sold one or two high-quality buildings to his family. Anyway, it's just looking for opportunities, and you still have to make some company money.

To buy so many buildings for the company (and will invest in the future), there must be a few buildings for temporary custody by his family.

......

In the News Building, Lin Zuhui works in an office on the 10th floor, and since the beginning of this year, he has only about one-fifth of his energy on Wanhui Media. But fortunately, Wanhui Media is already a mature media group, and the management team is also quite strong.

After a while, Long Jingchang was the first to come to the office to report.

"Boss, our Fengyun comic magazine has exceeded 110,000 copies, and it is already one of the top 5 best-selling comic publications in Hong Kong."

Lin Zuhui said happily: "This is a good thing, it has only been less than four months, and there is this achievement, it seems that Ma Rongcheng has some ability." ”

Long Jingchang responded: "There is also a boss's outline that has a very good theme, which has given Ma Rongcheng's team a lot of inspiration, otherwise why would "Fengyun" surpass his original "Chinese Heroes"!" ”

That's for sure!

A movie, a comic, a comic, the outline theme is definitely very important, there is no doubt about it!

"What about the cost of profitability?"

"The monthly profit is currently conservative at about 1 million!"

Lin Zuhui smiled and said proudly: "It only took half a year for us to prepare for the opening of the comics industry, and we have made the comics industry one-fifth of the Yulang Group. ”

"Yes, he will! His kind of person can't be changed! Long Jingchang said without hesitation.

Lin Zuhui was stunned, it seemed to be the same!

"Ma Rongcheng's security problem, how's that?" Lin Zuhui said.

In order to learn from the experience of his previous life, Wanhui Media equipped Ma Rongcheng with a business car and two bodyguards.

It doesn't cost much, but it's 30,000 more per month (general bodyguard), buy peace of mind!

"No problem! I also found someone to warn Huang Yulang, he didn't dare to make trouble! Long Jingchang said firmly.

Lin Zuhui nodded, and after a year, this expense can also be saved.

After Long Jingchang finished reporting his work, Lin Zuhui leaned back on his chair and thought about how 'Wanhui Media' operated before and after the stock market crash?

At present, Lin Zuhui's warrants can also offset the rights issue of 300 million, while the market value of Wanhui Media is about 900 million.

Soon, Lin Zuhui decided to raise 300 million cash from the rights issue of Wanhui Media from July to September, and delayed the use of funds until after the stock market crash.

At that time, a small copy of the property!

In this way, Wanhui Media is equivalent to a property asset worth more than 600 million.

When it is necessary to develop the media field in the future, these appreciated properties will be sold or mortgaged to expand the strength of the media field, and develop through acquisitions on a large scale.