Chapter 142~143 [Revenge does not last overnight](1/3)
On February 17, when the U.S. dollar fell to 180 points against the Japanese yen, Lin Zuhui decided to liquidate the funds invested by Wanhui Media, making a profit of 60 million and withdrawing 110 million of funds.
Although USD/JPY can fall below 170 points in the first half of this year, Wanhui Media needs money now, and there is no need to wait any longer; what's more, it cannot give people the feeling of predicting the future.
It was sold to the lowest point.
The four giants of Wanhui Media came to Lin Zuhui's office, with happiness and respect on their faces.
The four giants are Long Jingchang, general manager and president of Tiantian Daily, Liang Guanhui, editor-in-chief, Zhao Han, who is in charge of finance, and Chen Cheng, editor-in-chief of Tiantian Daily.
Lin Zuhui first told everyone an amazing news: "The company invested in foreign exchange and has now closed the position, with a total profit of 60 million and a withdrawal of 110 million."
Except for Zhao Han and Long Jingchang, the four giants were all shocked. Some time ago, they said they had only earned 20 to 30 million yuan, but they did not expect that they had already earned 60 million yuan.
"The boss is truly a versatile man. He is a master in real estate, finance, and media management!" Chen Chengcheng, who had just joined the giant, immediately flattered him.
The other three are not to be outdone, and this is all thanks to the boss!
A profit of 60 million yuan is already almost a year's profit of Sing Tao Group and Ming Pao Group.
Lin Zuhui said with a smile: "Director Zhao, spread this news to make our opponents scared and let them understand that we can also increase the upgrade of "Tian Tian Daily" at any time!"
Zhao Han said excitedly: "Yes, boss! Not only will our opponents be frightened, we can also make investors more confident in Wanhui Media. The stock price will naturally rise, and the market value of 600 million is just around the corner."
Recently, everyone in the newspaper industry has become insecure and has begun to discuss countermeasures. It turns out that they are basically in a state of being beaten. Even if they are willing to spend 50 million, the prime advertising time of the TV station has been contracted by "Tiantian Daily".
Others have signed contracts that prohibit advertising in the same industry during the same period.
Moreover, no one is willing to compete financially with "Tiantian Daily".
But Lin Zuhui is different. In his opinion, there is endless money in the stock market, and he can throw it at the daily newspaper industry in order to increase his influence.
In half a year, he can call the Governor's Office directly, and he can let the government forces in the mainland win over him. This is his original intention of running a media.
"So, as long as you run a good newspaper and surpass the "Oriental Daily", let alone 50 million, even 100 million, I will take it! Look for your own shortcomings and catch up."
"Oriental Daily" is supported by Taiwan Island, and "Tiantian Daily" is also supported by Xinshe News Agency. Some of the news sources for "Tiantian Daily" are provided by Xinshe News Agency.
Of course, in order to forge the iron, you still need to be strong. "Tiantian Daily" is also strengthening its backbone reporters, the number of overseas reporters, etc.
Then Lin Zuhui said: "The funds withdrawn this time will not be used by Tiantian Daily for the time being, and our loan term is one year, so there is no need to rush to repay the loan. So I plan to buy the News Building of Sing Tao Group
, as our headquarters; and then purchase Chai Wan Bumrun Industrial Center to establish our printing factory base."
Although Wanhui Media now has Tiantian color printing, its scale is not large and the equipment is not good enough to print its three magazines.
Big deal!
The four of them thought at the same time that they all knew about Lin Zuhui's new era real estate development history, but they did not expect that Wanhui Media could be so powerful.
Long Jingchang said tentatively: "Boss, the Causeway Bay News Building is the headquarters of Sing Tao Group. Hu Xian may not be willing to sell it!"
Lin Zuhui showed a confident smile and said slowly: "Hu Xian has been keen on land and real estate speculation since last year. As long as the price is reasonable, she will definitely sell it. What's more, since the signing of the contract between China and Britain, Hu Xian has been worried about what will happen to the other side.
I won’t settle Hu Wenhu’s old account (being misunderstood as a traitor), I think she may have already engaged in capital trafficking.”
His confidence is not in these analyses, but in his previous life, Huang Yulang, who bought the News Building in early 1987, spending a total of 70 million. Not only that, Huang Yulang also traveled across the ocean and bought the "News Building" from the Hu family in Xingdao.
Sin Chew Daily also spent 70 million.
Several people nodded, thinking that this matter could be discussed!
As for the company's 110 million loan debt, they have no worries at all, because after the company bought the News Building, its fixed assets exceeded the loan; what's more, according to the boss's methods, the company will also raise funds through rights issues in the future, and the funds will not be available at all.
It may even continue to expand this year, otherwise why would the boss care so much about the stock price!
"Director Zhao, it's up to you to contact Hu Xian first. The price can be easily negotiated!"
"Yes, boss!"
.......
Oriental Press.
The four brothers of the Ma family are at a loss to discuss countermeasures. It turns out that since "Tiantian Daily" launched a large-scale advertising campaign, the sales of "Oriental Daily" have dropped sharply by 10,000 copies, and the current sales volume has reached 200,000 copies.
"This star really wants to retire"
However, the sales volume of "Tian Tian Daily" had already risen to 150,000 copies before the upgrade. According to this trend, the upgraded "Tian Tian Daily" may really reach 180,000 copies.
"This person aspires to be a media tycoon. It can be seen as early as the listing of Wanhui Media. It is not the reason why our Oriental Daily reported gossip about him." Ma Chengkun said.
Lame Ma slandered in his heart: "MD, you three are brothers, and I am a cousin, so go and beg someone to let me go."
It turns out that Ma Chengkun, Ma Chengfa, and Ma Chengcai are Ma Xizhen's sons, and Cripple Ma is Ma Xiru's son. Therefore, in order to prevent Lin Zuhui from filming "Four Families: Brothers and Dragons", everyone unanimously pushed Cripple Ma to plead for mercy to avoid social impact.
Ma Chengfa said: "For the current plan, we can't sit still and wait for death. We should also organize activities and use the name of the 17th anniversary to distribute prizes in newspapers, at least 5 million. We can't lose to "Tiantian Daily"!
"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Ma Chengcai echoed: "It makes sense, we saved 50 million, but we cannot save these 5 million."
Ma Chengkun said immediately: "Okay, let's do it this way. If we brothers work together, we can defeat gold!"
Ten thousand horses are floating in the heart of the lame horse, is this excluding me?
"Oriental Daily" decided to give out large prizes in March, and many newspapers joined the battle. After all, if they didn't join, they would have to wait for the market to be taken away.
The citizens of Xiangjiang never dreamed that if they bought a newspaper for a few yuan, they would have a chance to win a house or a car, and they immediately became excited.
.....
Big news in the media world: Wanhui Media made a non-recurring profit from foreign exchange investment, with a net profit of 60 million after closing the position.
Immediately, it caused great repercussions in Xiangjiang.
Daxia Jin: Is he running a newspaper or playing a capital game?
Hu Xian: I didn’t expect that I’m not the only one who doesn’t do his job properly. I can make more money by speculating in land and real estate than by running a newspaper!
Ma Jia: What a world, this is no more profitable than selling white powder!
Of course, the most intense reaction was from stocks. Wanhui Media's market value soon exceeded 550 million, and the market outlook is strong.
...
Hu Xian really intended to sell the News Building, and Zhao Han sent by Lin Zuhui came back with good news!
Lin Zuhui decided to go to the News Building on King's Road in person to discuss the transaction with Hu Xian face to face.
The News Building has a total of 10 floors and a rentable area of 85,000 square feet. Because it is an old-fashioned office building, the current rent is only 10 yuan per square foot per month.
What Lin Zuhui is looking for is that it can be rebuilt in the future, allowing him to instantly have another building to collect rents. From his perspective as a real estate developer, the rebuilt News Building can have 22 to 28 floors, with a rent-collecting area of up to 250,000 square meters.
About feet.
For such a building, it is very comfortable to collect rent, and its value may reach billions in the future.
Lin Zuhui came to Hu Xian's office. It was the first time that the two met, but they must have heard of each other. Hu Xian was short in stature and looked to be in her fifties. This made Lin Zuhui curious about whether she had ever had a man!
Of course, you can just be curious about this!
After a few simple chats, Lin Zuhui went straight to the topic: "Ms. Hu, according to the current real estate price, the market value of the News Building is around 60 million! Therefore, my quotation is also 60 million."
This is just a tentative offer. Lin Zuhui is willing to buy a building worth 70 million in one year even if it costs 70 million now. After all, others are not stupid and know that real estate will appreciate in value and cannot be traded easily.
Sure enough, Hu Xian refused without hesitation: "I won't sell it to you at a price of 60 million. Since Lin Sheng is in the real estate business, he should be aware of the real estate market. The price I will sell it in a year will be higher."
.”
"What is Ms. Hu's opinion?" Lin Zuhui asked tentatively.
Hu Xian said wisely: "Since Lin Sheng came here in person, he must be determined to buy it. Naturally, you will submit the quotation. If it is suitable, I will sell it. If it is not suitable, we will keep it."
Lin Zuhui said with a smile: "Ms. Hu is indeed a master who made a lot of money from the real estate speculation last year! However, when we purchased the News Building, we hoped to push it for reconstruction. Considering the subsequent construction costs, we are willing to pay at most
65 million.”
The old buildings on the island are already at a price but no market. In fact, as long as there is profit, Lin Zuhui will not care about a few more million. Today, even if it is 70 million, he will agree.
Hu Xian was moved this time, but she would not let Lin Zuhui off easily. She could see that Lin Zuhui really wanted the News Building. Could it be that he wanted to use the News Building deal to satisfy himself that he had defeated "Sing Tao Daily".
Thinking of this, Hu Xian felt that Lin Zuhui was somewhat arrogant, but she put interests first. She had recently taken a liking to some properties in Australia and happened to sell the News Building to buy them.
"68 million" Hu Xian asked a sky-high price.
"Everyone takes a step back. How about 66 million? This price is already a premium of more than 110%."
Hu Xian finally decided to sell it for 66 million. She was very satisfied with this price. After all, as Lin Zuhui said, it was already 10% higher than the market price.
After the deal was concluded, the two did not chat too much. After all, they were competitors.
If it were not for profit, it would be impossible to sit together.
...
Soon, news broke again in the media industry: Wanhui Media purchased the News Building of the Sing Tao Group for 66 million, and purchased the Chai Wan Bumrun Industrial Center as a printing factory for 9 million.
For a time, everyone was impressed by Wanhui Media's arrogance and its ability to spend money.
In just two months, 200 million has been spent, including 120 million for "Tiantian Daily", 066 million for News Building, and 09 million for Bumrungrad Center, a total of 195 million.
Before Wanhui Media acquired Tiantian Daily, it was just a publishing house with an annual profit of less than 40 million.
.......
To be continued...