Lin Zuhui comes to the Wang family for a meal almost every week. It’s not that he needs to flatter Wang Qilin, but that he has a deep relationship with the Wang family and has a deep affection.
With Lin Zuhui's current financial situation, he no longer needs to please Wang Qilin. Apart from his lack of interpersonal relationships, Lin Zuhui's career has grown.
Before dinner was served, Wang Qilin took Lin Zuhui to his study.
"This time New Era Real Estate is raising funds through rights issues, you only have a little warrant left, I'm afraid you have to pay more than 60 million!"
"Well, it's almost 65 million yuan!"
Wang Qilin frowned. He himself wanted to contribute more than 26 million, but Lin Zuhui's contribution was too much. He couldn't possibly take care of everything!
"What do you think?" Wang Qilin said, he thought Lin Zuhui couldn't confess.
"I pledged part of my stock some time ago and made a lot of money by going short USD/JPY. I can afford this rights issue!"
This time, he liquidated part of his USD/JPY foreign exchange position and recovered 118 million yuan (net profit 65 million); because the bank loan period is one quarter, the funds he could use were 118 million.
Wang Qilin was surprised, but soon felt relieved. Since his nephew dared to use the company's 30 million to short USD/JPY, he must also dare to pledge his own stocks to short USD/JPY.
"You! Do you know what many people in the Xiangjiang business community think of you?"
"I know, Chen Songqing is the second best! But I don't dare to compare with him. Five years ago, he dared to say that he made 600 million yuan in a single property. I only made 6,000 yuan in securities and foreign exchange.
Just tens of thousands!"
In fact, in the eyes of bankers, Lin Zuhui and Chen Songqing are two completely different people!
The assets of New Era Real Estate are well-documented, the loan projects are clear, and the debt ratio is not high; Lin Zuhui has never said how great his backstage is. He comes from a clean background, and his only backer is Wang Qilin, a veteran real estate businessman.
. Of course, recently there have been rumors about the "affair" between Lin Zuhui and Jin Daxia. Some media said that the two were "friends for many years."
Moreover, Lin Zuhui does not have a lot of "big projects and big investments", nor does he develop across multiple industries; every investment in New Era Real Estate is a high-quality property, safety can be guaranteed, and it is limited to the development of real estate industries.
Wang Qilin nodded and said: "They just think that the real estate development in the new era is too fast, and they are envious!"
The two talked for a while, and Wang Lingyin came up and called them to eat.
When the three of them walked down the stairs, Wang Lingyin pulled Lin Zuhui and signaled that he had something to say quietly.
After leading Wang Qilin a few meters away, Wang Lingyin lowered his voice and said, "Brother Hui, let's go hiking together on the weekend!"
He had no choice but to agree. Lin Zuhui planned to train Wang Lingyin to be his wife, so he had to take time to cultivate a relationship. He was not in a hurry to officially fall in love, at least he had to wait until she went to college.
"good!"
When Wang Lingyin heard this, she walked downstairs happily. In fact, she didn't have much thought in her heart. Both her brothers were studying abroad, and the younger brother was naughty and refused to play with her. At this time, Lin Zuhui broke into her family, and she had feelings for Lin Zuhui.
Good feelings, naturally feelings are budding little by little. Although she knows that Lin Zuhui has a girlfriend, she doesn't seem to care much.
The two of them went downstairs at the same time. Wang Qilin and Sun Biying naturally saw it, but they didn't say anything!
However, the two couples did not refrain from interfering. During the dinner, they always mentioned Lin Zuhui's girlfriend Guan Jiahui, which meant to warn Wang Lingyin: You are still young, and your brother Hui has a girlfriend.
The implication is: Tell Lin Zuhui that it’s okay to fall in love with my daughter, at least until she goes to college; and we can talk about whether your current girlfriend should break up!
Lin Zuhui naturally took the initiative to fulfill Wang Qilin and his wife's ideas and generously admitted that Guan Jiahui was his girlfriend and they even lived together!
As his future wife, Wang Lingyin must make her understand that she has a rich relationship history and what she has to endure!
While the relationship between the two had not developed, he quietly cultivated Wang Lingyin. Of course, the premise was that Lin Zuhui could gain Wang Lingyin's favor and then slowly develop a love relationship.
This move is a big one, and it may take Lin Zuhui several years to cultivate it slowly.
...
At the lawyer's office, Lin Zuhui signed an agreement to take back 10% of the equity of Wanhui Publishing House from Fang Jin at a price of 5 million.
Returning to Wanhui Publishing House, Lin Zuhui wrote him another check for 11 million yuan.
Fang Jin quickly pushed the check to Lin Zuhui and said seriously: "Boss, why is it an extra 1 million? How can I ask for your interest!"
Lin Zuhui pushed the check to him again and said: "It's not interest! The 1 million is the errand fee for the great wisdom investment to help me buy the shell this time!"
Fang Jin pushed back the check and said excitedly: "Great Wisdom Investment is the company you founded. Isn't it the right thing to do the errands for you?"
Lin Zuhui directly ordered: "Pick up the check!"
Fang Jin saw Lin Zuhui's serious expression, so he honestly picked up the check.
"The cost of the shell purchase this time, the investment cost of Great Wisdom also needs this figure, and the brothers will settle the accounts clearly."
Lin Zuhui has already set his sights on a shell, and has initially reached an agreement with the major shareholders; so he entrusts Great Wisdom Investment Company to audit financial and operational issues, during which legal fees, audit fees, financial fees, etc. will naturally be incurred; according to reason, doing a shell
He needed several million in information consulting fees, so Lin Zuhui gave him 1 million, which was already an advantage.
The 'shell' this time is called Weiyi Real Estate, a small real estate company with a market value of more than 50 million yuan. It is a rent-collecting company (the business is simple); it mainly invests in some properties and then uses them for rent collection.
It has been losing money in the past few years, mainly due to the purchase of some properties during the peak period of real estate, in which the interest on bank loans was higher than the rent collected (rents fell, and the vacancy rate of rental properties was also high).
This chapter is not finished yet, please click on the next page to continue reading the exciting content! After the real estate boom, the current situation has improved, and the company has begun to make profits. The net assets are about 60 million (total assets minus liabilities), which is considered a well-run company.
.
If the major shareholders are willing to sell, they just want to quit, cash out and leave!
What Lin Zuhui negotiated with the major shareholder of Weiyi Real Estate was that he would purchase 35% of its shares at a price of 23 million, a premium of 10%.
After taking control of Weiyi Real Estate, he plans to sell some properties to New Era Real Estate and pay off Weiyi Real Estate's loans, leaving the company with only about 60 million properties left. This is also considered a shelling stage.
Wait until around December, Lin Zuhui will determine the value of Wanhui Publishing House based on the market value of Weiyi Real Estate;
For example, if the market value of Weiyi Real Estate is more than 50 million, then Lin Zuhui will inject Wanhui Publishing into Weiyi at a price of 100 million; in this way, Lin Zuhui's common shares will be almost 49%, and he will obtain a large number of warrants.
It seems that Lin Zuhui turned Wanhui Publishing House from a personal asset into a public asset;
actually not:
First of all, after the backdoor listing, the stock price of Wanhui Media will skyrocket, and the shares held by Lin Zuhui will also appreciate significantly, including the warrants;
Secondly, Lin Zuhui holds a large number of warrants, so he does not need to contribute money to raise funds through rights issues in the future, and he can also receive a large amount of reward "price difference". The warrants can also allow him to firmly control his shares at 49%.
In short, as long as the stock price of this listed company rises and the rights issue fund-raising goes smoothly, Lin Zuhui will not suffer losses and can also make huge profits!
...
Lin Zuhui originally thought that his life was better and that he had sufficient funds on hand, but in fact that was not the case.
There is actually a "gap" between him and Da Liu and Huang Yulang, that is, Da Liu and Huang Yulang actually have rich personal assets, and they can easily raise funds through rights issues.
Moreover, after the Yulang Group of the previous life Huang Yulang was listed, Huang Yulang's shares were estimated to be 70% (as long as 25% of the public shares were guaranteed to be listed), Huang Yulang could choose not to raise funds through rights issues, anyway, his own shares
It can be diluted; as for Da Liu's rights issue, it is actually a large rights issue from the subsidiary, but the subsidiary's major shareholder is Aimei Gao, not him personally, so the rights issue fund raising is Aimei Gao's rights issue. In short, it is a layered rights issue.
, Da Liu personally does not need too many rights issues.
Precisely because Da Liu's shares have been diluted and the company is still a chain holding company (meaning that Da Liu personally holds few shares of the company), this leads to the fact that when the Aimei High School system develops to a certain level, Da Liu wants to privatize it.
(for one or two listed companies), to increase the proportion of equity owned by him. In his previous life, Da Liu's privatization was in trouble for more than five years. Whenever the stock market plummeted, Da Liu proposed privatization, and the price was very low.
And he always likes to use numbers games (exchanges) to defraud shareholders, which has caused a lot of noise - petitions from small shareholders, naming and criticism from the Hong Kong government and the Securities Regulatory Commission, etc. However, Liu is not illegal, so in addition to his poor reputation, P
Nothing happened.
Compared with Luo Xurui's privatization, it was much friendlier. Although it was proposed after the stock market plummeted, the price was generally more than 30% higher. Investors were worried that the price would fall again, so they handed over their chips one after another, and everything went smoothly.
Lin Zuhui was calculating how much money he had left in the office, and a cruel answer emerged:
New Era Real Estate raised approximately RMB 68 million through rights issue, acquired listed companies for RMB 23 million, and repaid RMB 16 million (including repurchasing shares), so RMB 107 million was spent here.
He withdrawn 118 million in foreign exchange, and instantly had more than 10 million left, returning to the prototype.
He has recently been buying luxury cars and mansions, and instantly became a 'millionaire'.
Moreover, he misappropriated bank loans, and his current debt has reached 90 million, of which Wang Qilin owes 30 million in bank loans (10 million to 50 million).
This does not include the 50 million pledged loan in the foreign exchange market. This loan will have to be repaid after the investment is closed.
According to the 50 million foreign exchange investment project (short selling started at 240 points), if the profit is 100 million, the profit will just repay Lin Zuhui's current debt of 90 million.
In other words, the total pledged stock loan this time was 100 million, and the total profit obtained from the US dollars/yen invested was about 160 million (estimated), which has been spent by Lin Zuhui.
This was really shocking. I thought I had become a rich man, but I didn't expect that my joy was in vain.
The only gratifying thing is that at the end of the year, he no longer owes money!
Of course, after Wanhui Media went public, he didn't have to worry about raising funds through his own rights issue; New Era Real Estate also developed into a medium-sized real estate company, Weishui Xiangjiang; finally, he actually had a 50 times foreign exchange of 11 million.
By investing, it is expected to make a profit of 300 million by the middle of next year.
It seems like I have to think about how to make some money for myself again!
Lin Zuhui remembers that Hong Kong will launch the Hang Seng Index futures contract in May next year (1986), and it will be time for him to make big money by then; because he seems to remember that the Hang Seng Index in July was around 1,800 points, and it skyrocketed to more than 2,500 points by the end of the year.
Before the '87 stock market crash', it could even rise to 3,800 points.
The 'contract multiplier' of the Hang Seng Index futures contract is 50 points, which means that the current Hang Seng Index is 1800 points, and one contract is worth 90,000 yuan. Once the Hang Seng Index futures contract was launched, the daily trading volume reached 1800 points, and intraday trading
The trading volume was 170 million, and then the trading volume skyrocketed. The day before the August 7th stock market crash, the trading volume was 10,000 units, and the trading volume was 9.5 billion (1 day).
Devour
Of course, when investors buy and sell futures contracts, they only need to pay a margin of about 20% of the total contract value to trade.
With this memory, it would not be a problem for Lin Zuhui to make billions more that year (futures contracts, five times leveraged blue chip stocks); as for short selling during the '87 stock market crash', you can also consider it, but you must hide your identity and use overseas divorce funds.
Shore companies are short-selling, and they must not be greedy to avoid being found out.
Short selling has a bad reputation, and Lin Zuhui needs to think carefully about it.