After talking about business, Su Yehao was just about to leave.
Zheng Yongwen suddenly thought of something and reminded:
"Ah, by the way, news has been circulating recently that Uncle Six is getting older and is preparing to retire. The 30% TVB shares held by him and his fund company are likely to be transferred to external parties. If you are interested, you can ask, after all
TVB has such great influence, it is better to be bought by you than by a foreign company."
"...Holy crap, you've been holding back such breaking news until now?"
Su Yehao was really shocked.
At its peak last year, TVB's share price exceeded HK$82, and its overall market value exceeded HK$36 billion.
Although the TV station business itself has been declining again and again, it holds a lot of land including Clearwater Bay TV City, as well as valuable industries such as TVB headquarters building, pay TV stations, publishing and the Internet.
If other businesses are divested, TVB's own value will be so-so, but when added up, including the company's own cash flow, the total scale is far from what ATV can match.
ATV's previous competition with it was only to compete for some share of the film and television broadcasting market. As one of the oldest listed companies in Hong Kong, its background is not bad.
My heart beat for a while.
Su Yehao immediately sighed and said: "It sounds great, but unfortunately I already own ATV. I don't know how the traditional film and television industry will develop in the future, and I can't squeeze out so much money for the time being."
"Are you going to run out of money?"
Cheng Yongwen's face was full of disbelief, and he continued: "I'm just telling you, no matter what you decide, it has nothing to do with me. TVB's current total market value is about 27 billion Hong Kong dollars, and the land value accounts for a large part.
Sai Kung has acquired a large piece of land in Tseung Kwan O and plans to build a new TV city."
"Well, let's wait until I understand more. I probably won't buy it..."
Like many established listed companies, TVB's equity is relatively dispersed, and decision-making power has always been firmly in the hands of Hao Liuye.
This means that at a cost of about HK$8 billion, you can control this company worth more than HK$20 billion.
However, after Su Yehao left the Hong Kong Stock Exchange, he felt a little high-spirited and quickly calmed down.
If TVB is willing to spin off part of its TV station business, Su Yehao may not mind gritting his teeth and playing the trick of financing acquisitions with empty gloves and white wolves, so that ATV can swallow the elephant and firmly secure its position as the largest TV station in Hong Kong.
However, the market value of TVB includes too many assets that Su Yehao is not interested in, such as the TV City and the TVB Headquarters Building. If you want to acquire these, you will have to spend money to buy them.
If there is a lack of funds on hand, there is always a reason for Su Yehao to calm down.
Looking at it from another angle, in the future people's lifestyles will change, and young people will rarely watch traditional TV programs. This means that the value of TVB will continue to decline, and it is basically a sunset industry.
As for the film and television drama copyrights that Su Yehao is most interested in, TVB has sold them to a shell company under Nangong Tian's name in March this year. The online broadcast rights of nearly 800 movies and TV series were packaged and sold at a price close to cabbage.
It cost 60 million Hong Kong dollars.
It is probably due to the widespread piracy. Since outdated film and television dramas do not make money, they might as well be recycled. People have not yet thought of being able to watch dramas online and use the Internet to download resources. The speed is simply disappointing.
Sunset Industry, and there was no spare money on hand, Su Yehao thought about it for a few minutes, and decisively gave up the idea of acquisition. With that kind of funds, it would be better to build an additional foundry, or even enough to exchange for 25% of Apple's equity. Wouldn't it be better than acquiring TVB?
More fragrant?
Think about it this way.
Liu Ye decided to sell TVB. If the deal can be concluded, it would be considered a good time.
As for whether others will compete with ATV after taking over, Su Yehao is not worried at all. His original intention of purchasing ATV was purely to help Xiao Nizi and Jiang Yu's Tianyu Entertainment, and to increase their voice.
Nowadays, the Internet is becoming more and more popular. TVT, News Microblog, ICQ and other products, as well as TOT and Google search products, are all in the hands of Su Yehao, and he has taken advantage of the new media field.
, its influence is no worse than that of TVB.
Since the rise of the online news industry, there have been fewer customers ordering newspapers, and there has been an obvious lull in the supply of newspapers. For Su Yehao, the right to speak is enough. He can usually use it, but he cannot live without it. The same is true in Europe and the United States...
After taking a car to the KOKO Venture Capital headquarters, Su Yehao went to the office to surf the Internet and posted a post.
The content is——
"People have been panicking recently, but in fact the market environment has not changed, and the value of a number of high-quality assets has been highlighted. I just had tea with Mr. Cheng Yongwen, CEO of the Hong Kong Stock Exchange, and both of them agreed that it is necessary to further strengthen financial exchanges with the mainland. I
I personally propose to open up the stock markets of the two places as soon as possible and formulate detailed rules and regulations to facilitate investors' diversified layout..."
I wrote more than 400 words eloquently. By the way, @Zheng Yongwen.
The following is a comment on the mainland stock market. We continue to be optimistic about real estate, finance, consumption and other sectors. We bluntly say that the stock market is about to bottom out. A number of high-quality assets have great long-term investment value and will enjoy the dividends of joining the WTO.
There are a lot of people following Su Yehao's account. As soon as this post was posted, some people commented, "Similar to my point of view, I have started to buy at the bottom", "They want to trick me into buying financial management again" and so on.
It was normal at first, but suddenly someone commented, "Others can only send a maximum of 120 words, why can you write a few hundred words in your post?"
As soon as this comment came out, the building suddenly tilted.
Some people said that they had tried typing randomly, but they still exceeded the limit of 120 characters. Some people said with emotion that they were worthy of being the boss and had set up their own niche.
The number of likes kept rising, and it was higher than the number of likes on the article itself.
Su Yehao couldn't laugh or cry after reading it.
Another vice president of KOKO Venture Capital knocked on the door and walked into the office and asked Su Yehao: "Boss, I received a notice from the office last night that you plan to end the freezing period and start investing in Amazon?"
Su Yehao didn't hide it, nodded and replied:
"You are really well-informed. Remember to keep it confidential. I feel that Amazon's stock price will hit the bottom soon. I will take advantage of the chaos when the market opens next week to buy some circulating shares. By the way, I will talk to the major shareholders about the transfer and try to get 10% of the shares first."
, the total budget is about US$500 million, I will take care of the money."
"It's considered an investment, right? Then why did you notify me to prepare for financing?"
"Buy first and then refinance. Don't waste time on either side. Amazon has too many shares in circulation. I will use this opportunity to negotiate with their CEO. A large repurchase will help increase the stock price in the future. This will make it more likely that I will agree to my additional issuance plan."
Su Yehao was mainly afraid of being robbed of his share by issuing new shares, so he decided to buy lows in the circulation market first.
He frowned and thought about it, and asked doubtfully: "I remember that when Nasdaq issues new shares, the issuance price is no less than 90% of the average stock price in the twenty trading days before the pricing base date, right?"
The vice president named Chen, who is mainly responsible for Asian business, replied:
"Yes, but it needs to be approved by the Securities Regulatory Commission first, and there is a lock-up period, but it is still more cost-effective than acquiring it directly from the secondary market. Acquiring a large number of circulating shares may push up the stock price, and there will be negative news next week.