Chapter 243 [Shipment]

Monday, August 31.

At the beginning of the new week, Lin Zuhui has always been full of enthusiasm and came to the office of New Era Real Estate early.

Now, every working day, Lin Zuhui will receive about 100 million cash flow, which is obtained by closing blue chips.

It's no wonder if you're not happy!

After reading the newspaper for a while, Gao Yi, general manager of Chinese Real Estate, and Liang Zhenxun, executive director of New Era, came to Lin Zuhui's office together.

It was Lin Zuhui who summoned the two!

"Together, you will contact a few banks with recent debts due to reduce the debt of Chinese Real Estate to 1.5 billion."

At this time, there are more than 1.2 billion lying quietly on the account of Chinese Real Estate, and it is time to clear up the debt. At present, the total debt of Chinese Estates is 2.55 billion, and the reduction to 1.5 billion is 1.05 billion.

In this way, there is still 200 million cash flow on the account of Chinese Real Estate, plus 560 million yuan (net profit of 360 million) can be withdrawn from the futures contract contract, and there is still 760 million funds to drive after the stock market crash.

Importantly, it is also very easy to borrow new debt when the time comes. Bankers will think that Lin Zuhui's keen investment awareness allowed Chinese Estates to raise funds to reduce its debt holdings at the height of the stock market, and he is a very good leader.

"Good!"

Gao Yi then asked: "Chinese Real Estate has the funds to rebuild the entertainment industry, boss, can we consider it?" ”

He had already seen the value of rebuilding the entertainment industry, but the strength of Chinese Real Estate had not been able to keep up, and now he felt that it was time to consider adding another building. At that time, Chinese Estates will have six commercial buildings, which is too strong.

Lin Zuhui said with a smile: "What do you think of the current situation in the stock market? ”

The two of them had a pang on their faces, the boss wouldn't say this for no reason!

Liang Zhenxun is a professional securities talent, plus he is usually around the boss, and he also perceives something;

Therefore, he has recently begun to study the trend of peripheral securities, the phenomenon of economic overheating, and the excessive speculation in the stock market.

Liang Zhenxun immediately put out his analysis and disk, and said: "I know that the boss has also noticed this situation, so I think we should cash out some more shares of subsidiaries and grandson companies." ”

Lin Zuhui nodded with satisfaction, he actually didn't require these subordinates to understand the general trend, after all, he had his golden finger; However, it is a very good phenomenon that his subordinates can take the initiative to analyze the situation.

He said: "Since the wise and cautious people know that the mountain rain is about to come and the wind is full of buildings, they should get the goods at this time, so as not to avoid it." Don't forget that the Hang Seng Index futures have a drag on the market, which can be big or small. ”

The two nodded hurriedly, as early as 1986, the New Era Real Estate Department formulated to reduce its debt holdings this year, and now it is just the right to stabilize all listed companies.

Next, Lin Zuhui laid out the layout for the two:

Since mid-September, Cathay Pacific City has reduced its stake in Furama by 19% (currently worth $1.8 billion), retaining only 51%.

Since late September, New Era Real Estate has reduced its stake in Cathay Pacific City (market value 2 billion) and Chinese Real Estate (market value 6 billion) by 14%, retaining only 35%.

This time, on the contrary, Liang Zhenxun and Gao Yi were a little shocked!

When the boss does this, it means that the stock market may crash, not a correction.

Could it be that the '73 stock disaster' is going to be staged again?

In fact, it is not only the new era real estate that can have this prediction, Lin Gaoyan of Henderson Land in the previous life predicted in September that 'the stock market crash may come', and Lee Shau Kee did not hesitate to start shipping after hearing about it.

The cashing out of major shareholders will definitely affect the stock price, but the stock market is going crazy, and the impact will not be particularly large; What's more, it makes sense to set up existing reasons and use the money from the reduction of holdings to repay some debts.

The important thing is that since late September, Lin Zuhui's personal blue chips have almost cashed out, as long as it does not affect his personal investment!

......

On Wednesday, New Era Real Estate successfully raised 1 billion Hong Kong dollars through a rights issue, and for a time Lin Zuhui was no less famous than the four major families, and the most amazing thing was that Lin Zuhui was the major shareholder, and nearly 1 billion shares had been allotted to its companies in the past few months.

There are even rumors that Lin Zuhui restricted various banks from leaving the country and was not allowed to leave Xiangjiang.

Of course, people who understand a little bit know that Lin Zuhui left all his wealth in Xiangjiang, even if he ran out, it was useless; The value of the shares held by Lin Zuhui has reached nearly 7 billion, which can be called the top ten richest people in Hong Kong.

The chairman's office of the new era real estate, Lin Zuhui is working, calculating the asset value and net asset value of the new era real estate, after the 87 stock market disaster, the new era real estate will be fully attacked, into a new round of development, now need to lay a solid foundation.

Its reserve land value is 4 billion yuan (including land and old buildings, including the appreciation part), the value of real estate under construction is 800 million, and the rental property is 800 million yuan;

In other words: the total value of the property is 5.6 billion.

The company's cash flow is 1.5 billion, the contract value of the futures index is 500 million, and the value of the shares held in the subsidiary is 4.2 billion;

In other words: the total value of non-property is 6.2 billion.

The asset value is 11.8 billion, the debt is now only 2.5 billion, and the net assets are 9.3 billion.

In terms of net assets, it is only a quarter of Hongkong Land, only 30% of Sun Hung Kai and Cheung Kong, and 40% of Henderson and New World.

The market value is very powerful, and the market value of real estate in the new era has always been higher than net assets, which is not treated by other real estate companies, which is 11.2 billion, accounting for a little more than 50% of Henderson and New World.

Soon, Lin Zuhui decided: not to reduce the debt of New Era Real Estate.

The reason is very simple, the 87 stock market crash has little impact on real estate, only 10%~15% decline; Banks will not be nervous about the debt of real estate in the new era, and the debt ratio will only be 30% after the fall.

On the contrary, after the 87 stock market crash, the new era real estate should make full use of 1.5 billion yuan of working capital, and then borrow 1.5 billion ~ 2 billion yuan to quickly invest in real estate development.

As for the debts of real estate in the new era, it is natural to repay them by making profits from the development of real estate.

Thinking of this, Lin Zuhui recruited Chen Bin, the general manager, and said: "The start of its increased investment in the site will be increased by three percent!" ”

The real estate that started now was sold in the second half of 1988!

Chen Bin didn't doubt him, and immediately said: "Okay, I'll sort out the information immediately and bring it to you for review!" ”

Lin Zuhui nodded, and said: "You can take the time to inspect Baohua Construction to see if if we acquire him, whether it will be a big addition to the company, or if you have better suggestions for construction companies, you can provide them to me." ”

Chen Bin was stunned, he knew that the boss was going to be ruthless, and the acquisition of Baohua Construction was a hostile takeover.

However, he also knows that his boss is not a good stubble!

"Okay, I'll sort it out carefully!"

The reason why Lin Zuhui asked Chen Bin to inspect Paul Y. Construction is because he is a professional in the construction industry and has been struggling on the turf, so he knows very well about Hong Kong construction companies.

After Chen Bin left, Lin Zuhui smiled helplessly, he developed too late, and the only way to catch up with those old real estate companies was through acquisition and integration.

This preparation for the acquisition of Borrelli Construction is indeed a hostile takeover, but he has no choice!

All along, he wants to let New Era Real Estate develop from within, that is, to expand the downstream business of real estate. Since the determination of this goal, the company has successively established Zeshi Building (Design Institute), construction company, property management company, concrete company, mechanical engineering, decoration company and so on.

But in fact, it was all a small fight, and the progress was not very smooth, mainly because of the lack of energy.

Therefore, the best solution is to acquire.

Baohua Construction is a well-established construction group company, which can not only undertake construction projects, but also undertake harbor projects, municipal projects, air-conditioning projects, electrical projects, etc.

Because it is a group company, it has a wide range of business and a lot of experience.

The important thing is that if Lin Zuhui doesn't start, Liu Luanxiong also has to start, so why pretend!

.......

Long Jingchang of Wanhui Media reported his work in Lin Zuhui's office, and the development was good in all aspects, especially the stabilization of "Tiantian Daily" and "Oriental Daily" made Lin Zuhui very happy.

After reporting the work, Long Jingchang said again: "Boss, Yulang Group went to Malaysia and won the "Sin Chew Daily" at a price of 70 million! ”

Lin Zuhui said with a surging smile: "In this way, Yulang Group has surpassed us, and they all have a daily newspaper overseas!" There was a mockery in his tone.

Long Jingchang also mocked: "This Huang Yulang learns everything from you, but in fact, he has never digested the acquired company at all. When he saw that his boss was running the "Economic Daily", he learned to run the "Financial Daily" and hired the former editor-in-chief of "Wen Wei Po" as the president, and the former editor-in-chief of the "Financial Daily" Huang Lieyang as the editor-in-chief. As a result, after not cooperating for more than 2 months, the two parties went to court, and Huang Yulang paid 120,000 yuan to others and let his wife be the editor-in-chief. I think he's just a thug, and no one else gets along with him. ”

It can be said that in this life, Huang Yulang is really developing according to Lin Zuhui's template, daily newspapers, gossip weeklies, buildings, printing houses, youth magazines, and financial daily, Huang Yulang is the same.

Lin Zuhui said mysteriously: "I wanted to buy "Sin Chew Daily" for a long time, do you know why I didn't take action? ”

Long Jingchang immediately said: "The political situation in Malaysia is turbulent, the MCA is in a financial crisis, and the Malaysian government may take action against Sin Chew Daily? ”

Lin Zuhui nodded and said, "Not bad! Believe it or not, Sin Chew Daily will soon be shut down! It can be said that none of Huang Yulang's acquisition projects were successful. ”

The acquisition of "Cheng Pao" also left a tail, allowing the original major shareholders to participate in politics in it; The acquisition of Gossip Weekly and Youth Magazine did not want to rectify, and the acquisition of "Sin Chew Daily" was about to be shut down (later after the efforts of the editor-in-chief and other teams, it was restarted......

The most important thing is that Huang Yulang has been speculating in stocks and futures contracts recently, and if he follows the path of his previous life, he will lose more than 300 million.

Lin Zuhui has also recently studied Yulang Group, whose market value is more than 1 billion, and the recent stock market rights issue has raised more than Wanhui Media, estimated to be nearly 400 million. Where did this part of the money go, Lin Zuhui guessed that it was used to invest in securities and futures contracts.

You must know that in his previous life, Huang Yulang seemed to have been reported that before the stock market crash, he took a huge amount of 470 million to speculate in stocks, accounting for more than forty percent of the total market value.

It's scary to think about, this Huang Yulang is really bold!

Anyone who is a big dealer, either a veteran of stock speculation, or has hired a think tank as his financial adviser, Huang Yulang has committed the taboo of 'not being familiar with it'.

Even Lin Zuhui knew the general trend of the stock market, and specially hired Liang Botao as a financial adviser.

After Long Jingchang left, Zhao Han, the director of the company, came to the office again.

He reported on the company's rights issue fundraising, and the 300 million rights issue funds have all been received.

Lin Zuhui nodded, and after the 300 million rights issue funds, Lin Zuhui's warrants were all used up. At this time, Wanhui Media's market value has reached more than 1.6 billion, which is 60% higher than Yulang Group.

"At present, the liquidity on the company's account is 350 million. Boss, how to distribute this huge amount! ”

"Hold your ground and wait for my notice!"

"Okay!"

Wanhui Media's debt is only 20 million, and the liquidity is as high as 350 million.

......

Yulang Group.

Huang Yulang was very excited in the office, the stock of Yulang Group rose to 4.2 yuan per share, with a market value of nearly 1.1 billion, and he personally held 60% of the shares, plus he still had some money in his hands over the years, and his net worth was already seven or eight billion, even if it was one billion!

He pinched his fingers and counted that becoming a billionaire is just around the corner! When the time comes, you can be on an equal footing with Lin Zuhui.

He still remembers how embarrassed he was by Lin Zuhui last time, and he almost didn't scare out a heart attack.

It turned out that Wanhui Media dispatched a large number of contacts, financial resources, and public opinion to suppress the community behind Huang Yulang, and the Hong Kong government dispatched hundreds of police officers to seal up the headquarters of the association and arrest more than a dozen key members of the association.

The unstoppable association, in front of barristers, police executives, and public opinion, collapsed like garbage.

Some media pointed out that this community has also encountered this year's general environment, and this year, several community elders such as Xiang Huayan, the leader of Xinyi'an, were sent to prison one by one.

Fortunately, this club is still righteous and did not point out Huang Yulang, otherwise even if there is no evidence, Huang Yulang is still.

"I heard that Lin Zuhui is also speculating in securities, I don't know how much he invested, did I invest more?"

Huang Yulang not only thought proudly!

The only thing that makes Huang Yulang unhappy is that Ma Rongcheng's "Fengyun" has become the top three best-selling comic publications in Hong Kong, and the trend will soon surpass "Dragon Tiger Gate" and "Chinese Heroes".