"In other words, after the two previous acquisitions, Lixin Group does not have much cash left?"
Wu Jianye looked at the report Yan Wen brought and asked.
The report shows that just in May, Lai Sun Group spent a huge sum of money to acquire 60% of the shares of Jingyao International, a large hotel company that operates hotels in North America.
"Yes, Lai Sun Group has developed very rapidly in the past two years. After Lin Jianyue returned to Hong Kong, he suggested that Lin Boxin develop in real estate. In the past two years, Lai Sun Group has acquired properties many times, and then successively built Causeway Bay Plaza.
It can be said that a huge amount of money has been invested in Cheung Sha Wan Plaza, Lai Sun Plaza, etc. According to calculations, the debt ratio of Lai Sun Group should be over 60%!"
Yanwen replied.
Wu Jianye knocked on the table gently and smiled: "You are like this..."
After Yan Wen heard this, he also smiled and said, "I understand."
Xiangjiang is very lively these days. Whether it is entertainment or financial, the news is coming one after another.
First of all, martial arts films have been sentenced to death in Hong Kong. The emergence of Wu Jianye, a mainland director with "New Dragon Gate Inn", has rejuvenated this type of films, and at the same time awakened the martial arts dream in the hearts of many citizens.
After becoming "God of Gamblers", it is another phenomenal movie in Hong Kong. According to the latest statistics, this movie has now achieved a box office of over 3,000,000 Hong Kong dollars in Hong Kong, and the box office is still growing. Now it has
No one doubts that this movie will become the second movie in Hong Kong to gross over HK$4,000,000!
Another news that can be said to be even more shocking is that Yaoguang Group suddenly announced that its shareholding in Land has exceeded 50%, and it will formally propose to the Heung Kong Acquisition and Merger Committee to privatize Land!
The Acquisition and Merger Committee has also approved the application of Yaoguang Group. Based on the fluctuation of Land's stock price in the past six months, and based on the highest price of Land's stock price in the past six months, the funds involved in this privatization will reach HK$1.3 billion!
Nowadays, almost all financial newspapers and magazines in Xiangjiang are paying close attention to this news. No one thought that Pearl Land, the real estate company in Xiangjiang, would one day delist and become a privatized company of a consortium.
Yaoguang Group once again began to occupy the front pages of major financial newspapers in Hong Kong!
At this time, a rumor suddenly broke out in the securities industry in Xiangjiang. Due to the rapid development of Lixin Group's business strategy in the past two years, the group's cash flow has already had problems.
This rumor was only circulated in a small area at first, and not many people believed it. After all, the development of Lixin Group in the past two years has been so smooth. What everyone has seen is the rise of a prosperous medium-sized consortium.
However, with the investment development of Lixin Group in recent years and the disclosure of their debt situation, as well as the news becoming more and more serious, the stock price of Lixin Group began to decline.
"Convene a press conference immediately to announce that the financial situation of Lixin Group is in good condition and there is no possibility of financial crisis!" Lin Boxin was sitting in his office and said with a solemn expression.
The lethality of this news lies in the half-truth and half-falsehood. Although Lixin Group's liabilities are a bit higher, Lixin Group's development has always been very good, so these liabilities will not become a burden to Lixin Group, but stock investors
I don’t believe it. After last year’s stock market crash, the Hong Kong stock market has long since become a disaster. The slightest disturbance may cause a series of reactions.
The two brothers Lin Jianming and Lin Jianyue sat opposite Lin Boxin. Lin Jianming said somewhat casually: "Dad, it's just some gossip and rumors, don't pay attention to it, right?"
Lin Boxin glanced at her eldest son and felt helpless. Lin Jianyue next to her glanced at her half-brother, showing a trace of disdain.
"Things are not that simple. If this situation happened before, we naturally don't need to be nervous. But what is the situation now? We just broke down the negotiations with Wu Jianye. Now the news has come out. If Yao Yao
If Guang Group targets our Lixin Group, then the stock price of Lixin Group is likely to fall significantly."
Lin Jianming was also very unhappy and said: "Humph, it's not like you have to enter the entertainment industry. If you don't, you don't have to worry so much now!"
Lin Jianyue retorted: "Is it because we are worried about being targeted that our group will not develop? Every step of the group's development will definitely offend some people. If you follow your logic, our Lixin Group is still just a small company.
It’s a small garment factory!”
Lin Jianming: "When choosing an opponent, you should also look at who the opponent is. Don't you know where Yaoguang Group is in Xiangjiang? Just his Fengge Entertainment is not worse than our Lixin Group. If it is really defeated by Yaoguang
If the group targets you, I'm worried that because of your willfulness, daddy's efforts over the years will be wasted, is that wrong?"
Seeing her two sons quarreling here, Lin Boxin showed an irritated mood. Although she had expected Wu Jianye's actions, she still didn't expect that the other party would be so ruthless and directly targeted her seven.
inch.
The development of Lixin Group is very healthy. Lin Boxin has no doubt about this, but this does not become a reason for investors to believe it.
But there is another point. Lin Boxin suspects that this is not the action of Yaoguang Group, because...
"Okay, before they take action, you start the chaos yourself. How can you behave properly? The decision not to give up the shares of Debao Haoting was made by me. No one should complain!"
Hearing what his father said, Lin Jianming curled his lips. It was no secret that his father loved Lin Jianyue even more.
"And I think this matter was not done by Yaoguang Group. Yaoguang Group is now making every effort to privatize Land. The funds involved are more than 10 billion Hong Kong dollars. No matter how rich Yaoguang Group is, it will not
Maybe you have enough money, so I think this matter is not necessarily caused by Yaoguang Group. It is very likely that our company's competitors know about the conflict between us and Yaoguang Group, and then use this opportunity to deal with Li
new!"
Lin Boxin analyzed that this actually involves an aspect of message asymmetry.
Lai Sun Group is a listed company. As long as you are willing, you can easily find the financial report of Lai Sun Group. However, Yaoguang Group is different. It only has three listed companies, Land, Debao Haoting, and Qingyao Toys.
Most of them are unlisted companies, and their financial reports do not need to be published at all and explained to shareholders, so there is no way to know.
The most important thing is Wu Jianye's income from last year's stock market crash and the leeks he harvested at RB in the past two years. No one knows exactly how much money was involved.
There are only five people in the world who know the specific data, and it is even less likely that anyone will announce it to the outside world. If you add in the returns from Wu Jianye's investments in various places, then it can be said that only Wu Jianye knows this.
What kind of astronomical wealth has been accumulated over the years.
It was these information asymmetries that caused errors in Lin Boxin's analysis.
"Well, you don't need to be too anxious about this matter. We have already negotiated with HSBC, Hang Seng and other banks. If we need it, they will provide us with loan business. So as long as we stabilize the stock investors, there will be nothing
I’m so worried!” Lin Boxin said at last.
Later, under the chairmanship of Lin Boxin, Lixin Group held its own press conference, announcing the group's financial reports for the past two years, and stated that although Lixin Group's debt ratio was higher, it was developing high-quality industries, so
Don't worry, everyone, Lixin Group will gradually reduce its debt ratio in the next few years.
Strive to reduce the group’s debt ratio to 4o% within 3-5 years!
Lin Boxin's press conference still had some effect, and subsequently the stock price of Lixin Group rebounded somewhat...
However, this did not make Lai Sun Group happy for long, because Debao Haoting suddenly announced that for the development of the group, it was planning to acquire a real estate company called Mingda Real Estate. Although this company is not as good as large-scale real estate companies in Hong Kong's real estate industry,
is a real estate consortium, but it is also a relatively well-known medium-sized real estate company in Hong Kong, with considerable real estate reserves in the New Territories.
The market value has also exceeded 2 billion Hong Kong dollars.
Debao Haoting's high-profile announcement that it wants to acquire Mingda Real Estate will inevitably cause Mingda's stock price to rise. If Debao Haoting wants to control Mingda, it will need at least 1 billion Hong Kong dollars.
The reason given by the management of Deborah Gardens is that Deborah Gardens plans to use the land of Mingda Real Estate in the New Territories to build its own playground...
If you want to complete this acquisition, Debao Haoting is bound to raise funds through rights issue again. As the second largest shareholder of Debao Haoting, if Lin Jianyue wants to continue to maintain his current share ratio, he will need to spend nearly two
billion Hong Kong dollars came out.
Then, in addition to the fact that the five movies that Depot House will start investing in in the second half of this year also need funds to start, almost all the cash of Depot House is used to build those ten theaters...
As soon as these news were released, everyone turned to Lixin Group, because the aftermath of the news that Lixin Group had cash problems that made a fuss in the past two days was still lingering. Now Debao Haoting has announced such a major acquisition plan. Lixin
Where should the group go from here?
Just when the Lins and their sons were preparing for the news of the acquisition of Debao Palace, they suddenly felt in a dilemma. If Lixin Group spent 200 million Hong Kong dollars at this time and continued to hold the shares of Debao Palace, then Lixin Group would
The new group's cash flow problems are bound to be exposed again.
If they don't take it, their shares in Debao Haoting will be diluted...
At this time, an explosive news came out again in Xiangjiang's securities industry. An overseas consortium released news that it was preparing to short the stock price of Lixin Group!
A series of blows made Lin Boxin and his son fall into anger again.
However, this also made Lin Boxin certain that this matter should be the work of Wu Jianye. These three waves of attacks against Lixin Group can be said to be one after another. First, there were rumors that Lixin Group fell into a cash flow crisis.
, then Debao Haoting announced a large-scale acquisition plan, and finally news came out that an overseas consortium was short selling Lixin.
If Lixin Group spends 200 million, it will definitely give investors the feeling that Lixin Group's capital reserves are even more stretched. If the stock market is turbulent, then Lixin Group will really have problems.
It’s not certain whether HSBC and Hang Seng will provide loans to themselves by then!
At this time, Lin Boxin fell into a strange circle, that is, the shares of Baodebao Haoting, or the stability of Baolixin Group.
Such a choice is not difficult for Lin Boxin to make.
Feeling frustrated, Lin Boxin picked up the phone in her office in humiliation and dialed Wu Jianye's number, but the call failed...
Snapped!
Lin Boxin put down her phone harshly.
"Daddy!" Lin Jianyue's sense of humiliation is no less than that of his father, but now he also knows which aspect is more important.
"Needless to say, I know that this matter is not your fault, but that we misjudged Wu Jianye's ability."
Lin Jianyue analyzed: "Dad, I think this is all Wu Jianye's bluff. He can't have so much cash!"
"If all these plans are true, then Wu Jianye needs to prepare much more funds than we do."
Lin Boxin said helplessly: "You are wrong, Wu Jianye does not need to spend too much money. As long as our 200 million is invested in Debao Haoting's acquisition plan, then he does not need to spend any money later.
Too much money, as long as the news is released on the stock market and the Lixin Group is shorted, the retail investors will sell off, and the stock price of the Lixin Group will fall into the bottom. Wu Jianye will not even need to take action at that time, our opponents will
Can eat us!"
"After all, I underestimated him!"
Only then did Lin Boxin realize that even though she had reminded herself not to underestimate Wu Jianye, the reality was that she still didn't pay enough attention...
Lin Jianming said with some schadenfreude: "I have told you not to offend Wu Jianye. Look at who in the Xiangjiang business community has taken advantage of him in the past few years."
"Peter, if you hadn't blindly wanted to enter the entertainment industry and become Wu Jianye's enemy this time, our Lin family wouldn't have been in such trouble."
Lin Boxin did not reprimand his eldest son at this time, because he was also wondering whether he had been too optimistic before. Of course, he did not think that his second son's approach was wrong.
It can only be said that I chose the wrong opponent, but there is nothing wrong with entering the entertainment industry.
"It seems that now we can only find Wu Jianye first!" Lin Boxin said in a deep voice.
Lin Boxin picked up the phone again: "Brother Zheng, I hope you can help with something!"
.......
Royal Golf Club.
Lin Boxin is naturally a member here and brought Lin Jianyue here.
When they came here, they saw Zheng Yutong chatting with Wu Jianye, and sitting next to him were eight businessmen from Wanwan.