Taking advantage of a little slack on Friday, Lin Zuhui went to the foreign exchange department of HSBC Bank and deposited 700,000 Hong Kong dollars into his foreign exchange account.
Account manager Li Hongming received him in the office. Li Hongming felt that Lin Zuhui was quite mysterious. He was very calm in his work at a young age. Could it be that he was a young master from some family?
Lin Zuhui didn't care what Li Hongming thought. By hand-drawing the USD/JPY curve, he found that he was about to seize the opportunity.
It turns out that after the USD/JPY rose to a maximum of 249 points this week, it began to fall again, and is currently at 247 points; according to his prediction, it will be a buying point in two weeks, which means it may fall to 241 points in two weeks.
.
Calculating the time, it should be early November, so it will be completely smooth.
Starting from around 241 points in early November, the yen climbed towards its highest value in the next 40 years, and then reached 262 points.
"Lin Sheng, do you need me to help you pay attention to your position so that I can notify you at any time?"
Lin Zuhui shook his head and said: "I'll look at it for a while, after all, I have never done foreign exchange before!"
"It makes sense! In fact, Lin Sheng can consider using a smaller leverage, which will reduce the risk."
"That's not necessary! I like to be clean and tidy, and generally do not operate frequently. Because I believe that not every time I will be lucky, not every investment will feel good."
The two chatted for a while, and then Lin Zuhui stood up and left, leaving Li Hongming with an expression of confusion.
"Could he be a master?"
.......
Back in the office building, Fang Jin went to Lin Zuhui and said, "Boss, is there really no problem with this? According to the general process, we must at least hire a professional team of lawyers, an appraisal agency, and a financial team to join our team. What if this happens?
If there is any problem with Paramount's company, if we don't tell others if we don't offend others, we're afraid there will be trouble again!"
Of course Lin Zuhui knew this, but he just wanted to do nothing.
In other words, he will not take the risk of hiring a fourth-party agency (a third-party agency with great wisdom) before receiving the buyer's deposit. He is worried that this business is not suitable for him and Fang Jin, but lawyers, appraisals, finances, etc.
Expenses have already been incurred, so wouldn’t it be a loss of hundreds of thousands in vain?
Of course, he is not taking risks, because he knows that there is no problem with Paramount, and there is absolutely no problem with backdoor listing. Historically, Zheng Jinghan introduced "Playboy" in 1986 and founded his own "Sunday Series" weekly.
That year, Paramount was listed on the market through a backdoor, and later became the Paramount Group. Before that, Zhan Peizhong should have cultivated the shell of Paramount, a listed company, and then sold it to Zheng Jinghan at a high price and changed hands.
Tens of millions of profits.
Based on this answer, he can first find a buyer, and after the buyer pays the deposit, Great Wisdom Company will hire a lawyer, audit team, and financial team.
In short, great wisdom without capital can only rely on deception!
But even if he didn't have foresight, this is still the operation. At most, after the buyer pays the deposit, he will hire a fourth-party agency. If he finds that there is a problem with Paramount, he can search for the shell again or make repairs.
"Don't worry! There's nothing wrong with Paramount Company. We'll wait until we get the deposit. Besides, we don't have a team, so let's make do with it for now!"
Fang Jin nodded. He actually felt that the hope of success was very high, especially since the boss's confidence was passed on to him.
Since Fang Jin was so worried, Lin Zuhui decided not to delay and said, "Go and make an appointment with Paramount's major shareholder, and then we will persuade him to sell his shares and introduce a new owner!"
Fang Jin was surprised, saw Lin Zuhui's confident expression, and said: "Teach me, boss, how to persuade others!"
Lin Zuhui nodded. After all, the main force in the negotiation was Fang Jin. He was very talkative, but what he lacked was creativity and ideas.
As for Lin Zuhui himself, he doesn't want to get too much limelight. He is still 2 months shy of turning 19.
And it is conceivable that after this business is completed, Great Wisdom’s reputation will definitely make a loud slogan in Hong Kong; many business tycoons will pay attention. It turns out that the securities market can still be played like this?
After talking to Fang Jin for a while, his eyes became brighter and brighter as he listened, and finally he couldn't help but marvel.
"Boss, you are really a genius! With this method of persuasion, there is no way that Paramount's major shareholder will not agree!"
Lin Zuhui nodded confidently!
Of course, this move of his own can not only make the current major shareholders a lot of money, but also allow new shareholders to buy it at the lowest price. It can be said that it kills two birds with one stone.
In this kind of transaction case, the difficulties are multifaceted. As long as you fail to do a good job in one aspect, the possibility of waiting for several years or failing is very high.
For example, if an ordinary person directly goes up to the major shareholder of Paramount and says: I want to buy the Paramount stock in your hand.
The major shareholder of Paramount will say: "Okay, let's take the 40% premium!"
Or someone might say: "I have feelings for this company, and I want to get some shares!"
The first answer is that the buyer will pay more in vain. How is that different from an acquisition? Moreover, that kind of acquisition method is not convenient for reorganizing assets and injecting assets. To put it bluntly, there is no shell.
The second answer is that the seller also wants to keep some shares, or even become a second shareholder; if he sells less, the new shareholder will not be able to become a major shareholder; if he sells too much, the seller will not be happy.
Therefore, the value of Lin Zuhui's past life experience comes out, because he has the best of both worlds.
.....
Paramount was a company listed in 1972. It was called Paramount Restaurant at the time. At that time, listing conditions were relaxed. As long as you had 20 million assets and gave some shares to the directors of the exchange, you could easily go public.
Because of this, a total of 93 companies were listed in Xiangjiang that year, compared with a total of just over 100 listed companies before, and the entire market nearly doubled.
Next came the 'big stock market crash', and the Hong Kong government also made it more difficult to go public and strengthened the management of the securities market.
Xu Youzhi, the chairman of Paramount, is an old man in his 50s. He was so high-spirited back then that he continued to invest in catering with the 20 million raised after the listing. As a result, he escaped the stock market crash and the real estate crash, and laid a solid foundation for the subsequent company.
The foundation was laid for development.
But in 1976, when the real estate market became hot again, Xu Youzhi could no longer control it; after all, every company was investing in real estate, and he was no exception, and the investment was crazy; Paramount became a company
The investment company was quite impressive in the past few years. The company's net assets were once as high as HK$300 million and its market value was HK$500 million.
As a result, the higher you climb, the harder you fall.
When the Sino-British negotiations began in 1982, real estate plummeted. Then Paramount was forced into debt by banks and sold the properties it had bought back at high prices at low prices. I thought the real estate industry would be sluggish for a year, but it has not recovered in two years.
Lemen is naturally on the verge of liquidation.
The pretty little secretary walked into the chairman's office with coquettish model steps and said softly: "Chairman, the two bosses of Great Wisdom Investment Company are already here!"
Xu Youzhi wanted to flirt with his secretary, but when he heard "Great Wisdom Investment Company", he was not in the mood.
"Take them to the conference room. The general manager and I will be here soon!"
If a fool buys it at a high price, it is naturally a good thing!
Today's Paramount catering business is sluggish, but there are still some valuable properties, but now that real estate is sluggish, banks are still forcing repayments; so for a long time, Paramount's stock has been trading at a few cents, and now it has been trading at 6 cents.
He lay motionless.
If the premium is higher, I can sell it myself, so that I can retire, travel abroad with my secretary, and relax.