Chapter 380: The Four Heavenly Kings
The beginning of February.
New Era Group began to prepare for the privatization of Cathay City Hotel Management, and the stock of Cathay City Hotel Management has not performed well for the simple reason that the annual financial performance is either a loss or a small profit that does not match the value of the assets.
Cathay Pacific City Hotel's assets include a 34.9% stake in Grand Hotel, a 51% stake in Furama Hotel, a 51% stake in Hilton Manila, a 51% stake in Constellation Hotels Group in Canada, and a 51% stake in Aircoa Hotel Management Company in the United States.
In terms of asset value, Cathay Pacific City Hotel is growing at a stake and is currently worth more than $7 billion; The debt is actually not high, only 1 billion.
You must know that when Lin Zuhui took over Cathay Pacific, the net worth of Cathay Pacific City Hotel was less than 500 million.
However, due to the fact that the largest asset, the hotel, has paid little dividends in the past two years, the funds are mainly used to repay debts, and the Peninsula Hotel in Tsim Sha Tsui has built two high-rise hotels in the back, so the total dividend is about 100 million ~ 200 million per year, and Cathay Pacific dividends are tens of millions. In terms of the rest, the Hilton Manila needs to repay its own debts (the debt transfer of the acquisition), the renovation of the Furama Hotel (the renovation funds are the previous profit), the Constellation Hotel in Canada and the Aircoa Hotel Management Company in the United States are not very divided.
To sum up, Cathay Pacific City Hotel needs to repay 90 million yuan of interest every year, and the annual net profit is about this point.
This, of course, will lead to investor dissatisfaction, so the current market capitalization is only 1.85 billion!
It stands to reason that a listed company with a net asset of more than 6 billion yuan will have an annual net profit of at least 600 million; No matter how bad it is, with the minimum standard of 6%, there must be 360 million.
However, Cathay City Hotel Management's share price was lowered, which is just in time for the privatization of New Era Group.
Liang Botao and Liang Zhenxun came to Lin Zuhui's office, and the financial adviser of the privatization of Cathay Pacific City Hotel is still Peregrine.
Preparations have been underway for many years, so Lin Zuhui asked: "At what price is privatization?" ”
With the increase of wealth, Lin Zuhui has become more and more 'kind-hearted', so privatization must be privatization in good faith.
On the other hand, Da Liu, a few years ago, he was engaged in 'robbing' the stock market and was called a 'sniper'; after the '87 stock market crash, Da Liu 'washed his hands in a golden basin' and stopped robbing the stock market; just when the stockholders thought that he had changed his sex, Da Liu was a demon in another place. Da Liu began to privatize Huamei Real Estate, and his privatization was very artistic, first offering a price to probe, then another price, and then another price, step by step to break the psychological defense of minority shareholders. Moreover, Da Liu is co-opting one faction and suppressing one faction, no matter how the minority shareholders make trouble, it is useless to go to the Hong Kong government to petition, and the Securities Regulatory Commission condemns it at most two sentences. Da Liu generally does not participate in the shareholders' meeting of his company, because he is afraid of being scolded, he sends his wife Bao Yongqin.
Liang Botao naturally knew Lin Zuhui's thoughts, so he said: "The premium is 27%, according to the current sluggishness of the stock market, this price is very tempting." The New Era Group only needs to pay a price of 940 million to get back 2.4 billion assets. ”
What's more, it is not only 2.4 billion assets that have been taken back, but also an asset that can generate a large number of dividends immediately. Once it was 1992, all five assets could generate a large amount of dividends.
Lin Zuhui nodded and said, "Okay, you come at this price!" This time, it will not pass the share exchange, and the shares I hold can no longer be diluted! ”
Of course, Liang Botao knows that Lin Zuhui attaches great importance to the proportion of shareholdings, like Li Chaoren's shareholding in Changshi is only 34.9%, while Lin Zuhui has maintained 49% after he has money.
Of course, if you want to maintain a 49% holding, you must know the timing to increase your holdings.
After chatting about the privatization of Cathay Pacific, Liang Botao asked Lin Zuhui for advice: "What is the prospect of real estate in Hong Kong?" ”
Lin Zuhui asked rhetorically: "Are you preparing to acquire a listed real estate company?" ”
In November last year, Peregrine used 300 million yuan to acquire Guangsheng Bank, which has a market value of 1.4 billion; Therefore, Lin Zuhui guessed that Peregrine, who is good at the securities market, must be preparing for the acquisition again.
Liang Botao nodded and said, "I am preparing to acquire Taishun Group, and I plan to use this company as an investment in real estate and securities!" ”
This is Peregrine's shareholder and his own backer, Liang Botao feels that there is nothing to say.
Lin Zuhui nodded and said: "The prospects of real estate are definitely good, it is a stable investment, and there is an opportunity to do projects together!" ”
For Lin Zuhui, Peregrine will go bankrupt sooner or later, even if it has made gains in real estate, it can't stand the ambitions of Liang Botao and Du Huilian. The biggest reason for Peregrine's bankruptcy in his previous life was that he did not have sufficient liquidity and invested a large amount of assets in rupiah.
Liang Botao nodded, and he was relieved in his heart, he thought he was extraordinary, but he also had to compare with anyone.
The two chatted for a while, and Liang Botao got up to leave.
Lin Zuhui couldn't help but ask Liang Zhenxun: "Do you say that I was the same as them at the beginning?" ”
Liang Zhenxun was stunned for a moment, thought for a while and said: "It's different, they don't have any performance, they only know how to use financial leverage to buy!" The boss's approach is different, while doing business, he supplements his business with finance. ”
Lin Zuhui nodded, he really didn't make a lone bet at the beginning, the debt was up to forty percent, even if it plummeted by 30%, it would not be fatal.
On Saturday morning, Li Jiaxin asked Lin Zuhui to take her to ATV to play, and Lin Zuhui complied with her wishes. Li Jiaxin is a woman who loves beauty, and it is impossible to stay in the villa every day.
Actually, Lin Zuhui wanted to find something for Li Jiaxin to do, but this woman seemed to be lacking in interest, so he didn't bother to care. Anyway, everything in her stomach has already been planted, and Lin Zuhui doesn't think she will have any ideas.
When the two came to the ATV building, Li Jiaxin hurriedly held Lin Zuhui's arm, for fear that others would not know that she was Lin Zuhui's girlfriend.
Lin Zuhui's status in ATV has now reached the status of Uncle Shao Liu's in wireless!
Although he is not the founder of ATV, ATV has been pressed by wireless for so many years, and it is Lin Zuhui who turned his hand into clouds and turned his hand into rain and brought ATV to its current status. Therefore, his influence on ATV is far better than that of his predecessor Li's company and Qiu Degen.
After coming to ATV, Lin Zuhui happened to remember one thing, so he asked the assistant to invite several management personnel to have a meeting.
After a while, everyone came to the conference room, Li Jiaxin sat next to Lin Zuhui excitedly, she didn't expect that she could still participate!
A few high-level executives who came in, looked at Li Jiaxin, and didn't ask too much!
Lin Zuhui said with a smile: "It's not a formal meeting, it's just an idea to communicate with everyone!" The implication is that it doesn't hurt for Li Jiaxin to listen to it.
Everyone nodded, because they also found that many high-level executives did not come, but the CEO Zhou Liang Shuyi came.
Then, Lin Zuhui said: "Who will tell me about Li Ming and Guo Fucheng, the situation of the two?" For example, what achievements have been made, and what are the prospects for training? ”
Soon, someone reported to Lin Zuhui.
"Li Ming's current results are very good, and he released 4 albums last year, all of which achieved platinum sales, and he will replace Li Keqin, who also belongs to PolyGram Records."
Although Liming signed a contract with ATV, ATV can cooperate with world record companies such as Polygram to jointly promote popular artists; ATV can get Dawn's artist appointment, that is, to participate in ATV's programs, dramas, movies, etc.; PolyGram can get record revenue, concert shares, etc.
"Guo Fucheng released two records on Taiwan Island last year, with a total of 1.5 million copies, and has returned to Xiangjiang to develop this year, becoming a new star in our Asian vision."
Lin Zuhui nodded and said, "Summoning you this time, in fact, I suddenly had a good idea!" Our Hong Kong entertainment industry has a mature packaging mechanism and a unique star-making method, which can completely spread the 'Hong Kong entertainment culture' overseas. Therefore, I think we should make a gimmick, led by our ATV, and make ATV's Li Ming and Aaron Kwok, and TVB's Liu Dehua and Zhang Xueyou into the 'Four Heavenly Kings', so that they will be popular all over Asia! ”
ATV has a mature packaging mechanism, and Lin Zuhui's resources are even more abundant, and whoever wants to be popular is a matter of his words.
Zhou Liang Shuyi's eyes lit up, and she hurriedly said: "Boss, this plan is very good!" At that time, Chow Runhua became popular all over Asia with DreamWorks movies, especially in Japan and South Korea, and gained a lot of fans. ”
Everyone praised Lin Zuhui's good advice, and the sycophants were like a tide!
Li Jiaxin looked at Lin Zuhui with admiration, she was thinking in her heart, is there anything in this world that her man doesn't understand? Real estate, finance, media, and clothing are all playful, and Xiangjiang doesn't have such a capable tycoon!
Lin Zuhui finally said: "Okay, I put forward my opinion, and I will use you to do it in the future!" President, you can go and discuss with Fang Yihua, this kind of thing is good for everyone, and the two of them will do it together! If wireless does not agree, it will inevitably cause dissatisfaction with Liu Dehua and Zhang Xueyou, and it will be better to jump to ATV at that time! ”
Zhou Liang Shuyi nodded and said, "Okay!" We can use your newspaper to get this gimmick out first, and then wireless will have to get involved! ”
In fact, although Liming and Guo Fucheng are very popular at this time, Liu Dehua and Zhang Xueyou have been popular for a long time after all, so ATV is suspected of being stained.
"That's all! Finally, our ATV record company needs to increase investment and attention, and YG Entertainment has grown up, and the potential is very great! ”
"Yes!" Everyone replied seriously.
TVB's record company is Huaxing, and ATV naturally has its own record company, which was first renamed 'Donghua Records'.
After the meeting dispersed, Li Jiaxin said with a look of admiration: "Brother Hui, this kind of thing of the Four Heavenly Kings was handled by you in a few words?" ”
Lin Zuhui said with enjoyment: "Otherwise? There are thousands of ATV people, do you want me, the boss, to go into battle in person! Little girl, learn something! After speaking, he became proud, and this side was only revealed in front of his own woman.
Li Jiaxin leaned in and said, "What's the use of me learning something, I don't have any subordinates!" After speaking, there was a bit of hope on his face.
Lin Zuhui said with a smile: "You still don't have any subordinates, otherwise you will command randomly, do you really think that anyone can sit in my position?" ”
Li Jiaxin suddenly quit and was coquettish.
Lin Zuhui finally smiled and said: "Okay, I will consider setting up a family office in the next two years, and when the time comes, you don't even need to think about it, whether it is investment, travel, shopping, legal affairs, or children's education, someone will plan or handle it for you!" ”
Li Jiaxin said excitedly: "Then haven't we become something, we don't even need to use our brains?" ”
"It's okay if you don't want it, and it's not forcing you!"
"I hate it, I want it!"
After joking for a while, Lin Zuhui took Li Jiaxin to visit ATV, he himself was not curious about the entertainment industry, but he couldn't stop Li Jiaxin's curiosity. Anyway, today is also Saturday, Lin Zuhui should relax appropriately.
When it was almost over, Lin Zuhui and Li Jiaxin met Zhou Huimin in the corridor.
Zhou Huimin saw Li Jiaxin holding Lin Zuhui's arm, her face suddenly changed, and then she walked over with her head down.
belongs to the sensitivity of a woman, Li Jiaxin immediately noticed this situation and asked: "There is a situation, why doesn't Zhou Huimin greet you?" It's like hiding from us! ”
Lin Zuhui said with a normal face: "I'm not familiar with the artists here, and everyone has seen each other less, so they may not be able to say hello!" ”
Li Jiaxin said suspiciously: "Those people greeted them just now, there is no reason for her to turn a blind eye!" ”
"Let's go, do you still give others little shoes to wear! Watch out! ”
"How can I have! I'm just skeptical."
"Don't talk nonsense!"
In this way, Lin Zuhui barely escaped, but he was very curious, Zhou Huimin still asked him not to go to bed!
You'll have to give this a try!