Chapter Fifty-Eight: A Turtle
Knock knock~
"Ah Wei, what kind of door is locked in broad daylight!"
"Who's knocking?" Chen Weidong was speechless, and was about to discuss the recruitment of new people with the third uncle, when he was interrupted.
The third uncle walked over, and as soon as he opened the door and opened the door, Lin Zeju, who had not been seen for a long time, broke into the office in a hurry, and kept shouting: "Ah Wei! I've found the right shell! ”
"What shell?" The third uncle was confused and didn't react.
"The company, the company is going to be a shell for a backdoor listing!" Lin Zeju explained, and handed Chen Weidong a stack of detailed information as he spoke.
"Polaris Television Broadcasts Ltd."
"Good guys, isn't this a TV station? Are they all reduced to selling shells? Chen Weidong was a little shocked, he remembered that Infinity had once saved the company's stock.
"I remember, there were a few very popular female stars before, which were brought out by their TV station, and I heard that the champions of this year's Xiangjiang beauty pageant were also signed by them." When the third uncle heard the name of this company, his eyes lit up instantly, and he remembered a lot of news about them.
"The boss of this company, who was short of funds in the import and export business before, pledged the shares to the bank, and now it has been affected by the financial crisis, and the upstream and downstream businesses are yellow, and the stock is about to blow up, so he is anxious to find someone to take over." Lin Zeju explained softly.
"Good guy, it seems that foreign trade is really difficult to do this year." Chen Weidong frowned and said.
He remembered that the downstairs was also a foreign trade company, and the profit was not high, and during that time, international travel funds frantically sniped at the yen and the Thai baht, which caused the exchange rate to fluctuate greatly, once exceeding 20%.
The boss of that company, before the economic crisis, signed a large amount of orders according to the exchange rate at that time, but when the factory produced the products and prepared them for delivery, they found that the exchange rate had already plummeted, and they worked hard for several months, and finally they could not even earn back the wages of the workers, so they had to go bankrupt.
Examples like this are very common throughout Southeast Asia.
"Listed on the market.... Why is this time in the first place? ”
Chen Weidong kept walking around the office, this juncture was ..... It's embarrassing.
The financial report of Infinity Computer Company is still loss-making, and if it backdoor Polaris, a company that has debt problems in itself, the listing will definitely be sniped by bears.
"Ah Wei, now you can fully acquire Polaris for more than 2 billion, and you can't miss the opportunity!" Lin Zeju persuaded.
Now that Polaris' share price has fallen to a very low price, if you buy it now, you can definitely save a lot of money.
"How much stake do their majority shareholders hold now?" Chen Weidong asked.
"All the people on the board combined, it should be around 60%." Lin Zeju thought for a while and said.
"Is it so low?" Chen Weidong is a little dissatisfied, this is not even 70%, the equity is too dispersed, and the remaining 40% of the shares are enough for people to do a lot of things.
Because as long as you hold more than 10% of the shares of a listed company, you can request a general meeting of shareholders.
At that time, if it is held by a competitor, you will ask for a meeting twice in three days, even if it does not affect the company's operation, it will affect your mentality.
"There's no way, the company is relatively old, and the equity is very scattered." Lin Zeju explained with some embarrassment.
Polaris is also considered an old listed company, and if you buy them, it will also have a lot of benefits for Infinity's fame.
"Are there any other companies?" Chen Weidong asked with some reluctance, there are so many companies in Hong Kong stocks, you can't smash a North Star.
"Also, there is a company that is more interesting, called Tenglong Real Estate." Lin Zeju said.
"What?" The third uncle was startled, and immediately snatched the information in Lin Zeju's hand, looked through it carefully, and was sure that what was written on it was the "Tenglong Real Estate" he knew.
"Haha." Chen Weidong laughed, this is too coincidental.
After reading the information, Chen Weidong learned that because of Soros's sniping of the Hong Kong dollar, the Hong Kong government continued to raise loan interest rates, and the real estate industry was the most affected.
Because of real estate, most of their money is borrowed from the bank, and the interest is very terrifying.
The real estate industry fully explains what is called retail psychology.
When housing prices skyrocketed, countless people borrowed money and took out loans, and they had to buy houses because they were afraid that they would be late to get on the bus.
And when the market changes and the house price plummets, the people who are ready to buy a house do not buy it.
However, the real estate developers owe money to the bank, and they urgently need to withdraw the funds, and the houses in their hands can't wait to sell, so they will sell them at a reduced price.
At a glance at the people, the housing prices that have always been strong have fallen again and again, and there is still a big bubble in the horizontal and vertical looks, and there must be lower points, so let's wait and see for a while.
This has made it more difficult for real estate developers to recover their funds, and many companies can't hold on, and some ongoing projects will also be suspended due to lack of funds.
Therefore, there is a crisis in Tenglong Real Estate, and Chen Weidong is not surprised at all.
"Forget about this company, it's all messed up by Mr. Huo of Tiger Securities." The third uncle said with a strange expression.
"OK, so Polaris is the best choice right now?" Chen Weidong looked at Lin Zeju.
"Yes, if you're not busy, we can go to their TV station right now." Lin Zeju proposed that at this point in time, most of the people in the TV station should not have gotten off work yet, so they can just take a look at their work.
"Okay, let's go check it out." Chen Weidong nodded, anyway, the company has nothing to do in the afternoon.
"Why didn't you see Xi'er?" Lin Zeju looked around and said.
"There should be a meeting in the finance department on the sixth floor, let's go over and have a look." After Chen Weidong finished speaking, he walked in front with steps.
Now the monthly expenditure of Infinity is a very huge number, just the salary is more than 70 million a month, and it is a proper taxpayer in Xiangjiang.
The company has developed too fast, many things have not kept up, and the finance department has also developed from Li Xi'er's management alone to a professional accounting team of more than 40 people.
The three of them took the elevator to the sixth floor, and found that the style of decoration here is quite interesting, all of which are from Li Xi'er's hand, Chen Weidong will never be entangled in these details, as long as she likes it.
Anyway, it's not that he's working on the sixth floor again, haha.
When I walked to the office area, I found that the booths were all empty and there was no one there.
"It should be in the conference room." Chen Weidong was already familiar with this scene, and then walked in the direction of the conference room.
As soon as a few people walked to the door of the conference room, they heard Li Xi'er's crisp voice, as if to say: "The accounts of the computer company have to be checked several times, there is no assessment of labor, there is no quota for material consumption, and the cost is not calculated..... It's a mess....."
"It seems to be quite professional...... "The third uncle and Chen Weidong glanced at each other and said in a low voice.
As an infinity company, among the executives, the person with the third highest educational background can only understand a rough idea, but this does not prevent him from seeing how powerful Li Xier is.
It's a turtle......