Lin Zuhui was in the office, looking at the stock price of New Era Group on the computer, and he was very satisfied.
If other companies dared to carry such high debt, their stock prices would definitely perform poorly.
Take New Era Group as an example. It has a debt of 10 billion, which would normally be 900 million in interest for a whole year. The interest eats up a lot of profits, and the net profit will naturally be greatly reduced. It is no wonder that the stock price performs well.
In another year, this will happen to New World Development. Even Hang Lung will not be able to surpass Hang Lung in annual profits, and its market value will naturally lag behind.
However, this year New Era Group made a total of 1.2 billion in non-recurring profits from index futures and foreign exchange, which was enough to shut up investors and stock commentators. Moreover, 5 billion of the 10 billion was borrowed after the plunge.
Times Group's annual interest should be over 700 million.
As for profits from real estate, New Era Group is also very impressive this year, because it sold more than 1 billion rental properties, which is also considered a non-recurring profit (after deducting costs); it also sold real estate and construction, etc.
The profit should be 1.3 billion to 1.5 billion.
Taken together, this year's annual profit is still over 2 billion, which is at the same level as Cheung Kong and Sun Hung Kai.
This still does not include Chinese property owners!
Chinese Real Estate has sold more than 4 billion properties this year. If the purchase costs of the year are deducted, the profit will be very considerable.
Therefore, although the two companies have high debt, their stock prices are still performing well!
You won’t have to worry about next year. First, the property you purchased will appreciate significantly. Second, you can make a lot of money from oil. Third, your net profit from real estate will be greatly increased.
After a while, Lu Donglai walked in and reminded Lin Zuhui that he was going to the Hong Kong Sea-Land Container Transport Company.
New Era Group and Sea-Land Container Transport have communicated several times regarding equity transactions. Lin Zuhui's visit has naturally entered the final stage of negotiations.
.....
"Hello, Mr. Quian!"
"Mr. Lin, that's good!"
A group of people sat down in the conference room of Sea-Land Container Transport!
As the person in charge of sea-land container transport in Hong Kong, Kuian can naturally only be regarded as a small truck operator, but he has been authorized by the US headquarters in advance and is fully responsible for negotiations.
"Mr. Lin, I want to know if you are really sure that you will win the bid for Kwai Chung Pier 8 in the future?"
Lin Zuhui said seriously: "This is not necessarily true. I can only say that we will try our best! Moreover, if we acquire 50% of your equity, the main operator of Hong Kong's sea and land container transport will become our New Era Group. In view of your role in the container
Regarding the technical shortcomings of the terminal, we will also strengthen our technology in this area and seek multiple allies to jointly bid."
Kuian immediately said: "It's not that our technology is insufficient, but that Pier 3 is too small, and our initial investment was not large. But we also have an advantage, and that is in land freight."
Sea-Land is at a disadvantage in the container terminal industry, but has an advantage in the container truck transportation industry. It has a huge container fleet and its business scope covers Hong Kong and the Mainland.
Lin Zuhui emphasized again: "In any case, I hope that we will dominate the land and sea containers, and you will help us manage and provide technology. Because it will take a lot of strength to compete for the No. 8 Container Terminal."
Kui'an has communicated with the headquarters a long time ago. The headquarters' opinion is to give up the leadership to New Era Group and then invest with the locals.
"There is no problem with this. After all, you will have the largest share after completing the transaction!"
After this aspect is negotiated, the next step is the price!
Kwai Chung Pier 3 only has one berth and a small yard area, but their land transportation system network is indeed very good. Therefore, Sea-Land Container Transport proposed to sell it at a price of 1.22 billion, and Lin Zuhui agreed.
This price is not expensive, and if there had not been a crisis, the United States would not have agreed to this price.
On the same day, New Era Group's audit and legal affairs staff stationed themselves at the land and sea container and signed the contract that night.
...
The next day.
The media in Xiangjiang disclosed the details of the transaction, which aroused considerable public opinion in Xiangjiang.
Most people believe that New Era Group has developed too late. If it enters this industry now, it will be difficult to get a share of the pie in the future.
However, the moment Li Chaoren saw the news, he immediately began to pay attention.
Although the land and sea container terminal is not worth mentioning and does not have much strength to compete for Kwai Chung Container Terminal 8, Li Chaoren believes that Lin Zuhui will not give up so easily.
For a time, Li Chaoren summoned Ma Shimin from Hutchison Whampoa to discuss countermeasures.
Ma Shimin thought for a while and said: "The two largest container companies in Xiangjiang are our International Container and Modern Container. If we two jointly bid, almost no one can take it away. If we add an insurance, invite the Chinese company Huaxia Ocean Shipping
, then it’s a sure thing.”
Li Chaoren's eyes lit up and he immediately added: "Not bad! After winning the bid, the four terminals will be divided equally, and Modern Container will be divided into two. We will jointly develop the other two with China Ocean Shipping."
The idea of the two was very good. After all, they roped in all the powerful people to bid together, and then divided the cake. This way, the defense was absolutely watertight.
Ma Shimin added: "Recently, New Era Group is preparing for 'Era Telecommunications' and investing in land and sea freight. Lin Zuhui is very ambitious! Xiangjiang's territory is so large, and his rise will seriously affect our development.
After all, the loss of these two projects, Lam Tin MTR Station and Heyuan, was all because of him!"
Li Chaoren nodded and agreed with Ma Shimin's statement, but also said: "He is the owner of newspapers, magazines, and TV stations, and the Hong Kong government has to take care of him. Moreover, he is simply a villain. We are in the Legislative Council
, he did not miss any of the members of the Executive Council who were friends with him. Not only did he give those members director's fees (it is not illegal in Hong Kong to pay salary), he also allowed those members to invest in their Hengjin No. 1 and made a lot of money.
Money. Therefore, in terms of relations with the Hong Kong government, he is no longer weaker than me."
Ma Shimin frowned, saying that Li Chaoren was the favorite of the Hong Kong government and offered many discounts on the land premium. Unexpectedly, there was another Lin Chaoren coming out.
"I don't think so. I heard recently that they are negotiating with the Hong Kong government about the land compensation fee for Heyuan. I believe that if the boss negotiates, it will definitely be very cheap; but if Lin Zuhui negotiates, it may not be possible without 4 billion!"
Li Chaoren could only say: "Ignore it, just throw it away. We have already looked at the world, but he is still developing in Xiangjiang!"
Ma Shimin continued: "Boss, looking at the world does not mean letting people poach our rear. This time, Jin Daxia intends to sell Ming Pao Group, you can give it a try. After all, you also need a little power of public opinion."
Outside citizens and reporters are not very friendly to these big real estate developers, especially the four major real estate families. After all, Lin Zuhui developed later, and he also supports a large number of reporters.
Li Chaoren was really moved, but he said worriedly: "Lin Zuhui and Jin Daxia have a close relationship, I'm afraid it won't be our turn. But... we have to try anyway!"
.......
No. 12, Repulse Bay.
Lin Zuhui and Li Zhaoji came to Zheng's mansion one after another.
The two of them sat down in a secret room with Zheng and his son.
Li Zhaoji couldn't wait to say: "Zu Hui, why did you invite me to A Tong's house?"
Zheng Yutong did not retire completely. He said with a smile: "I think it is because of the container terminal. You are really powerful. You took 50% of the equity of land and sea container transport at one time and became the major shareholder in one fell swoop."
Zheng Jiachun added on the side: "The price is very good! I didn't expect them to be willing to sell the equity, otherwise I would have made the first move!"
Lin Zuhui saw that everyone knew what he was doing. It seemed that New Era Group's investment in Sea-Land Container Transport had attracted everyone's attention, including of course Li Chaoren.
He said: "The reason why I was able to obtain the general equity of Hailu was because I promised to lead Hailu in the fight for Kwai Chung Pier 8."
Everyone was very surprised. Lee Shau Kee even said: "I heard that the No. 8 Kwai Chung Container Terminal will be tendered early next year, and with the strength of the sea and land containers, there is no hope of winning the bid."
Lin Zuhui said with a smile: "Isn't this just the two of you?"
Interest appeared on everyone's faces, and Zheng Jiachun said enthusiastically: "I think it's feasible! The high degree of international container monopoly on Kwai Chung Terminal is obviously not a good market rule. If the three of us join forces, we may not have no hope of winning!"
Zheng Yutong said calmly: "International Containers, Modern Containers, and us are competing among the three companies, and we are still the weakest."
Lin Zuhui added: "Then we have to compete! Container terminals are not a real estate industry and can continue to acquire land. If we miss this time, we will not have many opportunities. And the monopoly nature of international containers is getting bigger and bigger. In the future, we will
If you want to enter this industry, the strength gap is even greater!"
Lee Shau Kee said: "That's right! The earlier you enter, the more you can get a piece of the pie!"
Zheng Yutong nodded, and Zheng Jiachun quickly agreed to join.
In fact, Lin Zuhui knew in his heart that it would be difficult for just three companies to compete with International Container and Modern Container;
Therefore, he places his hope on acquiring the shares of Modern Containers. As long as there is a breakthrough there, it will be 50-50 equal to the strength of International Containers.
...
At the same time, Li Ka-shing also visited the sick charter king, actually intending to win over Modern Containers.
Wharf holds 25.8% of Modern Containers. Although it is not its parent company, it is still an associated company; therefore, Wharf has the largest say in Modern Containers.
When Li Ka-shing proposed to cooperate and bid for the No. 8 Kwai Chung container, Wu Guangzheng immediately agreed. After all, in his opinion, no consortium could squeeze in if the two companies joined forces.
Only the chartering king said: "Although Lin Zuhui is young, I believe that if he really intends to bid for Container Terminal 8, he will also win over other consortiums."
Li Chaoren said confidently: "Our two families have joined forces, so there is no need to worry about them joining forces. Of course, no matter what, we have a greater chance of winning, right?"
Bao Yugang nodded. This time Modern Containers got two terminals. This benefit made him take action very quickly.
In this way, the two container giants, which account for more than 90% of the business of the Heung Kong Container Terminal, plan to jointly bid and not give anyone a chance.
This is the trick of monopoly groups!
Of course, the Hong Kong government has not officially started bidding at this time, but as far as everyone knows, it will be done at the beginning of the year.
Li Chaoren walked out of No. 79, Deep Water Bay, with a sneer on his lips, and then recovered immediately.
"Hey, if Lin Zuhui hadn't been too aggressive, I wouldn't have come up with this strategy!"
"How many years have we been working hard in Xiangjiang? He is a person who only appeared in the past five years, and he actually seems to be doing everything."
"The First Minister of the Ming Dynasty"
Li Chaoren quickly found a reason for his gaffe just now.
...
In mid-August, the Hong Kong government indeed announced a tender for Kwai Chung Container Terminal 8. Interested consortiums can apply for registration. The bid opening time will be January 5 next year (1990).
The reason for releasing the news in advance is that many factors need to be considered when bidding for a container terminal, and the terminal design plan is one of the important factors. Therefore, during this period, everyone has enough time to come up with a plan.
After the Hong Kong government released the bidding news, International Container and Modern Container revealed to the media that they planned to jointly bid.
For a time, public opinion was in an uproar!
This simply doesn’t give other consortiums a way to survive!
Of course, no foreign consortium is interested in Kwai Chung Container Terminal 8 at this time because the situation is not good.
So everyone’s eyes are on New Era Group because of its investment in land and sea container transport;
Therefore, everyone thinks that Lin Zuhui is preparing for this project.
I just didn’t expect that the number one and number two container companies in Hong Kong would join forces.
Even Lam Cho-fai's allies, New World Development and Henderson, seem to be planning to withdraw.
In fact, for Lin Zuhui, this step has already been calculated.
Because in the previous life, two container companies jointly entered the bid and then divided up the four berths.
Modern Containers is not stupid. If we work with International Containers, we can get half of it.
Therefore, all of Lin Zuhui's bargaining chips are to acquire the 25% stake in European Aviation and British Railways.
With this 25% stake, he doesn't have to worry about Modern Container Terminals not defecting.
...
Lu Donglai hurriedly came to Lin Zuhui's office with a happy face, making Lin Zuhui seem to guess something.
"Boss, European Aviation and British Railways have relented and are willing to sell their shares! However, the asking price is a bit high. They require 2.5 billion yuan to buy 25% of their shares."
If it were the head of another consortium, he might still hesitate, but Lin Zuhui didn't care at all about the 500 million higher than the budget.
"Promise them! Arrange the signing as soon as possible!"
"Okay, I'll contact you right away!"
After Lu Donglai left, Lin Zuhui also stood up and paced around the office.
He didn't feel sad about the 2.5 billion. He could sell it to Wharf in the future for at least 3 billion! As for why he didn't give it to Wharf, it was because this share was originally used to force Modern Containers to defect.
It is impossible for him to develop two container companies at the same time, and the debts in the new era are already giving him a headache. After all, he will not be able to make money in oil futures until the second half of tomorrow.
During this year, if debt continues to rise, the stock price may not be able to rise.
Even now, New Era Group actually cannot afford the 2.5 billion!
Originally there were 10 billion, but Garden Land King and Land Bank purchased the land bank and planned to spend 8 billion;
There is only 2 billion left, plus the 700 million recovered from the sale of Garden Road Diwang's equity, plus real estate profits, the company can only use 3 billion on its books; and it just spent 1.2 billion to invest in Sea and Land Freight, but in fact it is only 1.8 billion
of funds.
In the end, Lin Zuhui decided to let his family investment company acquire 25% of the shares of Modern Containers. As long as the payment is agreed to in three months, the funds withdrawn from the Japanese securities can be put to use.
Thinking of this, Lin Zuhui laughed!
For International Containers and Modern Containers, the "good news" announced too early will be revealed later.