Lin Zuhui was in the office, thinking about the hotel's shareholders' meeting in half a month, and how he could gain the trust of small shareholders.
On May 4th at the beginning of next month, the General Meeting of Shareholders of the Grand Hotel was officially held. The term of chairman Michael Kadoorie has expired, and shareholders need to re-elect a new chairman. At the same time, Cathay City proposed to the Grand Hotel on the board of directors
The proposal to appoint directors will also be voted on on that day.
Lin Zuhui naturally hopes that he will win these two agendas.
But there are also preparations to take the next step and win the second proposal to send a director.
The public opinion war between Lin Zuhui and the Kadoorie family has been going on for almost two months, and it is time to enter the final stage of the sprint.
For small shareholders or ordinary investors, the least favorite situation is to face uncertainty. The Kadoorie family has been managing the hotel for decades. Small shareholders are naturally worried about Lin Zuhui taking over the hotel.
It will expand too fast, or break up large hotels.
Of course, Lin Zuhui is not without his advantages. Unlike the notorious Liu in his previous life, he is a famous bone removal expert. Lin Zuhui has a reputation as a company doctor and a master of rejuvenation.
In addition, Lin Zuhui’s shareholding is 20% higher than that of the Kadoorie family. I really don’t know who will lose and who will win at the shareholders’ meeting!
A smile appeared at the corner of Lin Zuhui's mouth! In fact, no matter what happens at the shareholders' meeting, he has a trump card, so why bother too much?
Thinking of this, he suddenly felt relaxed.
After a while, he took out a pen and paper and began to write a press release on how to save the old Noble Peninsula Hotel.
This is a speech he plans to publish in a newspaper. He uses his forward-looking vision and understanding of the hotel industry in recent months to explain the current problems encountered by large hotel companies and the general plan for future development.
The content is probably:
1. The expansion of large hotels on a global scale is slow. The Peninsula Hotel is resting on the halo of the past. Sooner or later, it will lose its supremacy in the hotel industry in Hong Kong. It is not what it used to be.
Second, with the development of international tourism, Peninsula Hotels should be more active in development and expand on a global scale.
Third, the world's famous hotels should expand themselves, and then start to dominate the world's hotel industry through the model represented by hotel chain Hilton, Sheraton, etc.
Fourth, criticize the Kadoorie family's development principle of valuing the essence rather than the many, and should establish a development principle of valuing the essence and the many.
At the end, Lin Zuhui even openly speculated: In 20 years, the annual income of the hotel will be less than the net profit of a building in Central, and the glory of the past will be replaced by a new generation of hotels, refer to the rise of the Regent Hotel.
After closing the manuscript, Lin Zuhui showed a satisfied smile. Regardless of whether this speech was recognized by everyone, he would develop the Peninsula Hotel brand into a global brand.
...
Lin Zuhui's statement on how to save the old Noble Peninsula Hotel aroused huge public opinion in Hong Kong, with mixed opinions coming in.
Some people criticize Lin Zuhui for taking too many risks, while others praise him for being pioneering and enterprising.
Of course, the biggest reaction was from the Kadoorie family, which immediately organized language to openly refute Lin Zuhui in newspapers, and once again threatened the small shareholders that Cathay City's acquisition of the hotel would bring devastating disaster to the company.
Are the Kadoorie family really so confident?
That’s not necessarily the case!
At the family meeting, Luo Lanshi said seriously to his son Michael: "This Lin Zuhui is not Liu Luanxiong. His reputation is much better than those snipers. In addition, he has his own great achievements and is likely to be recognized by some shareholders. So we must also
Think about the possible surprises that may occur at the shareholders' meeting, that is, Lin Zuhui is elected as the chairman of the board of directors, or Cathay Pacific City joins the board of directors, what should we do?"
Different from his previous life, Lin Zuhui put great pressure on Kadoorie and was even more difficult to deal with!
Of course, the Kadoorie family would never have imagined that Lin Zuhui’s final trump card would be to privatize the hotel.
Mi Gao nodded, he also felt the strong pressure brought by Lin Zuhui, and having been in contact with Lin Zuhui many times, he found that this person was always so confident and intimidating.
"Even so, our family will not give up the hotel! At least, our reputation in the company is still far greater than that of Lin Zuhui. He just relies on his own more equity, that's all! If that happens, I plan to immediately
Cooperate with Lin Zuhui and resolutely maintain our family's management of the hotel." Mi Gao said seriously.
From the current point of view, Lin Zuhui does not have the strength to privatize the hotel, so the worst case scenario is that the two companies must jointly manage the hotel. The Kadoorie family has been running the hotel for so many years, and the management and shareholders have very high recognition. How can it be
It is something that Lin Zuhui can easily change.
Lawrence nodded and agreed with his son's statement.
"Yes, even if we cooperate, we must also maintain the honor of our family. Of course, I have convinced the vast majority of shareholders that I believe the Kadoorie family will defeat Lin Zuhui at the shareholders' meeting."
In fact, for Lin Zuhui, he does not want to privatize the hotel. After all, the cost is too high and it is not cost-effective. He also has another expectation, which is to cooperate with the Kadoorie family. He is in charge of the overall policy, global layout, and the management of the Kadoorie family.
hotel.
...
Lin Zuhui also began to visit the small shareholders of the hotel and persuade them to support Cathay City at the hotel's shareholder meeting.
"Sheng Ma, I believe Lawrence must have come to see you, but first of all, I want to say that I will never maliciously break up the Grand Hotel. I really want to participate in the development of the Grand Hotel and provide pioneering suggestions."
At this time, Lin Zuhui made an appointment with Ma Yanzhang, an important shareholder of the hotel. According to Liang Zhonghao, he held about 2% of the shares.
Ma Yanzhang is a veteran businessman, but he is also Chinese, so when Lin Zuhui made an appointment, he politely agreed. Of course he knew what was going on.
"Lin Sheng, our shareholders are actually still very worried that you will develop the hotel as aggressively as the New Era Real Estate Department. After all, we prefer stability." Ma Yanzhang said worriedly.
Lin Zuhui said with a smile: "Large hotels are in the hotel industry and cannot expand too fast like the real estate industry in the new era. I have no plans to do so. However, we must also understand that, as I analyzed in the newspaper, if we go too far
If we are conservative, will big hotels decline? Therefore, what I hope is to cooperate with the Kadoorie family, and we will complement each other, all for the better development of big hotels."
Ma Yanzhang immediately said: "Do you mainly want to join the board of directors? I can support this!"
Lin Zuhui said: "Chairman of the Board of Directors, I also want your support. Of course, you don't need to express your position! I just want to say that the Kadoorie family is very good at running hotels, but they have neglected development and expansion. I think they are deputy
, I am a forehand, so that I can better develop the hotel. What needs to be noted is that I have never caused investors to lose money. My shareholders have all made a lot of money!"
Ma Yanzhang's eyes suddenly lit up. Yes, has this person ever disappointed shareholders?
Lin Zuhui quit when he saw the opportunity, and did not put too much pressure on any shareholders. He first secured his position on the board of directors, and then sought the chairmanship of the board of directors.
...
...
Late April.
Lin Zuhui works at New Era Real Estate. He first checked the land sales plan, and then checked the financial statements.
Throughout 1987, New Era Real Estate expects to launch 18 sites with approximately 1.7 million square feet of floor area.
This output is less than two-thirds of what Henderson Land produced in 1986. Last year, Henderson Land sold 3 million square feet of residential floor space.
But Lam Cho-fai is already very satisfied. Sun Hung Kai and Henderson are known as building factories, and they are not in vain. As for New Era Real Estate, it has only been developed for three years before Lam Cho-fai took over.
As for next year's plan for 1988, as far as Lin Zuhui knows, Xiangjiang's real estate only fell by 1,015 after the 1987 stock market crash. In 1988, Xiangjiang's real estate exploded again probably after April, with an increase of about 40%.
Overall, the sales plan for 1988 was higher than the floor area for sale in 1987, reaching about 2.3 million square feet.
Regarding the company's performance forecast, Lin Zuhui and the management team are very attentive and put a lot of effort into mastering the site handover and construction dates, the sales date and the occupancy date. If every link is delayed, profits will inevitably be affected.
and capital return.
Not only that, New Era Real Estate wants to make the majority of investors and international investment funds understand New Era shares and understand the excellent quality and appreciation potential of the stock, so it requires a long period of promotion, and it takes the trouble to accept interviews from funds and newspapers to improve
Transparency and reliability of earnings forecasts.
Lin Zuhui was very satisfied with the real estate plan, and then looked into the accounting issues.
Soon, he called Liang Zhenxun: "I found that the company's cash flow is pretty good, and it can use a sum of 200 million in about half a year!"
Liang Zhenxun knew what was going on, so he replied: "There is really no problem in using 200 million funds. After all, our subsequent repayment speed will be very fast, and it will not affect the company's debt repayment time and the start of the building construction."
Lin Zuhui nodded and said: "Okay, use 200 million funds to invest in the September index futures contract, and do it immediately! It's still the same old rule, buy in batches, don't alert the snake!"
The so-called alerting others is definitely just not to alarm the market too much, but it will definitely have some impact.
Liang Zhenxun said cautiously: "Well, the boss is inferring that this wave is an adjustment, and there will be another wave of market conditions?"
Since the beginning of March, the Hang Seng Index has dropped from its highest point of 2950 points to 2710 points now. The boss just bought futures contracts, which shows that he is very optimistic about the market outlook and believes that now is the time to buy the bottom.
Lin Zuhui nodded and said: "In short, it will not fall. There is no problem in rising to 3200 points this time. Where is the economic situation in Xiangjiang?"
Liang Zhenxun had no doubts and went to do the work!
At this time, the three parent subsidiaries of the New Era Real Estate Department have all invested in the securities business:
New Era Real Estate has invested 200 million in the September index futures contract. According to the current situation, the average price may not be higher than 2710 points. In this way, after delivery at the end of September, New Era Real Estate may make a profit of 400 million.
Cathay City Hotel Management Company invested 900 million in blue chip stocks with a margin of 300 million, which was purchased at the beginning of the year, with a conservative profit of 364 million.
Chinese Real Estate invested 200 million in the September index futures contract, which it started buying in March. The average price was 2,750 points, and it may have made a profit of about 350 million.
Unknowingly, another 1.1 billion was made for the shareholders of the three companies!
There is no way around this. If Lin Zuhui doesn't make some money, when the stock market crash comes, various companies will have too much debt, and a debt crisis may occur. At that time, Lin Zuhui, the major shareholder, will suffer the most.
Who told Lin Zuhui to let his companies expand too fast?
Although Lin Zuhui has made billions for the company, he does not feel a loss at all, because sooner or later he will earn back from the company! For example, he will take advantage of the stock market crash and the real estate price drop of 3035 to sell one or two high-quality buildings to himself
The family. Anyway, they are just looking for opportunities to make some money from the company.
If you buy so many buildings for your company and will invest in them later, there must be a few that are temporarily kept by your family.
...
Lin Zuhui works in an office on the 10th floor of the News Building. Since this year, he has only focused about one-fifth of his energy on Wanhui Media. Fortunately, Wanhui Media is already a mature media group and its management team is also quite capable.
After a while, Long Jingchang was the first to come to the office to report.
"Boss, our Fengyun Comics magazine has exceeded 110,000 copies and is already among the top five best-selling comics publications in Hong Kong."
Lin Zuhui said happily: "This is a good thing. He has achieved this result in less than four months. It seems that Ma Rongcheng has some ability."
Long Jingchang responded: "The theme of Boss You's outline is very good, and it inspired Ma Rongcheng's team a lot. Otherwise, why would Fengyun surpass his original Chinese Heroes!"
That's for sure!
The theme of a movie, a comic, or a movie is definitely very important, there is no doubt about it!
“What about profit costs?”
"Monthly profit is currently conservatively around 1 million!"
Lin Zuhui smiled and said proudly: "It only took us half a year to prepare for the opening of the new business, and we have already made the comics industry one-fifth of the Yulang Group. If Huang Yulang knows this, he will stop uttering wild words!"
"
"Yes, he can! People like him can't change!" Long Jingchang said without hesitation.
Lin Zuhui was stunned, it seemed like this too!
"How about Ma Rongcheng's security issue?" Lin Zuhui said.
In order to learn from the experience of his previous life, Wanhui Media equipped Ma Rongcheng with a business car and two bodyguards.
It doesn’t cost much, just 30,000 more regular bodyguards per month, which gives you peace of mind!
"No problem! I also found someone to warn Huang Yulang, so he doesn't dare to cause trouble!" Long Jingchang said firmly.
Lin Zuhui nodded. After a year, this expense can be saved.
After Long Jingchang finished reporting his work, Lin Zuhui leaned on his seat and thought about how Wanhui Media operated before and after the stock market crash.
At present, the opening of Lin Zuhui's warrants can also offset the rights issue of 300 million, while the market value of Wanhui Media is around 900 million.
Soon, Lin Zuhui decided to raise 300 million in cash from the rights issue of Wanhui Media from July to September, delaying the use of funds until after the stock market crash.
At that time, a small bargain hunting property!
In this way, Wanhui Media is equivalent to property assets worth more than 600 million.
When it is necessary to develop the media field in the future, these appreciated properties will be sold or mortgaged to expand the strength of the media field and develop through large-scale acquisitions.