Harcourt Building, Hengjin Investment Headquarters, Wan Chai, Hong Kong.
Lin Zuhui learned about the capital cash-out situation: crude oil futures cashed out 9.2 billion, and there was still 3.5 billion in the account (current price is 35.2 US dollars per barrel); short-selling the Japanese economic futures index cashed out 4.8 billion, all positions were cleared.
At present, it seems that in five trading days, Lin Zuhui's crude oil and Nikkei futures will be able to withdraw a full 18 billion, which greatly exceeds his estimate of 15 billion.
Therefore, after repaying all personal debts, he will have 20 billion in cash injected into the family office, with about 5 billion left (during this period, he spent 1.75 billion on the purchase of 50% equity in two buildings, 1.9 billion on rights issues, charity and Xiaomi Technology, etc.
investment).
In terms of Hengjin Investment: Hengjin Real Estate owns rent-collecting properties in Xiangjiang with a scale of more than 10 billion, and the annual net profit from rent collection is around 500 million (current situation: Wanguo Baotong Center and Central Plaza are under construction), and Nike has 3.9% shares
(valued at more than HK$800 million), 2% stake in Microsoft (valued at HK$1 billion), 10% stake in Starbucks (valued at more than US$10 million)
After such a rough calculation, Lin Zuhui is not many times richer than Li Chaoren!
Over the years, Li Chaoren has also invested in many industries in the name of his family, such as part of Husky Petroleum, the Vancouver World Expo site project, the Suntec City project in Singapore, etc.; of course, the loan ratio is large.
Lin Zuhui suddenly felt a little dissatisfied. What had he done in these years?
Where is the money?
He soon figured out that the reason why New Era Group was developing so fast was because the Lin Zuhui family was giving it blood transfusions.
Moreover, the asset size of private, family-owned and Hengjin investments is around 40 billion (excluding shares and other companies), which is quite impressive.
Li Chaoren estimates that it is only half of the level (excluding company shares), maybe even less than that.
Next, family offices and Hengjin Investment will invest in unleveraged ‘low-risk’ projects.
If there are any opportunities for venture financial investment, Lin Zuhui only needs to use his own "small treasury" to make venture investments; as for his small treasury, the main source of funds is the remaining cash flow of about 5 billion this time, dividends from various companies, and listing.
Company directors robes of gold.
The rents from Hengjin Real Estate will continue to be used as investment funds for Hengjin Investment.
This time, he was about to give up on shorting crude oil futures. First, he couldn't buy it, second, it was risky, and third, it was difficult to sell.
Besides, he has already earned enough and doesn't want to take any risks.
afternoon.
Lin Zuhui came to the office of New Era Group, and Liang Zhenxun quickly walked in.
"Boss, all crude oil futures positions have been closed, with 3.06 billion Hong Kong dollars withdrawn and a net profit of 2.71 billion."
It can be seen that Liang Zhenxun was very shocked and excited. He secretly thought that his boss was a stock god, even more powerful than those Wall Street tycoons.
Lin Zuhui nodded and thought about it. New Era Group currently only has 10 billion in debt, and once again has more than 4 billion in cash flow on its books. The cash flow is very generous. As for investing in the stocks of other companies, it does not require a one-time expenditure.
.
"Just put it in your account, it's very necessary to maintain a certain amount of cash flow!"
"Well, from now on, our cash flow may be maintained at a certain level!"
Although New Era Group spends a lot of money, its current net profit of more than 300 million per month is enough to cope with it; the situation next year will be better, and it may reach a net cash profit of 500 million per month (on average).
If by 1992, New Era Group would not only have low debt, but also have high cash flow reserves.
Lin Zuhui asked again: "How many have we negotiated about buying shares in other companies?"
Liang Zhenxun said: "Emperor International, Great Wisdom Development, and Zhicheng Hong have all negotiated with the seven companies, and their shareholdings are in the 6% to 8% range, and a total of 150 million has been spent!"
They are all small companies, but Lin Zuhui knows that often the market value of such small companies will skyrocket in the past few years. As for the future prospects, there is no need to worry. Lin Zuhui said that it is a long-term investment, and it is estimated that Liang Zhenxun will make all the investments before 1994.
Cashed out.
Lin Zuhui said: "Continue to look for goals and strive to buy 1 billion stocks in three months. If it doesn't work, buy blue chip stocks."
Liang Zhenxun said confidently: "Don't worry, boss, our company's investment will be a sign for those companies, and everyone is very welcome."
Directly issue new shares and then subscribe, so you can buy them at a fair price;
If you buy more than 6% of the shares in the secondary market, the stock price will definitely rise a lot.
Lin Zuhui nodded, just like when New Era Group invited Zheng Yutong to join, it had the meaning of "the fox pretends to be the tiger's power".
Of course, New Era Group's large-scale investment in these companies has also increased its own influence; let me tell you, New Era Group has the strength to invest in various companies, and its position in Hong Kong is evident.
Recently, the Hong Kong media always reports on the telecommunications showdown between New Era Group and Hutchison Whampoa; the two companies fight from Hong Kong to London, competing against each other.
In Hong Kong: Since March, Times Communications won the bid for a mobile phone license and became one of the three mobile phone companies in Hong Kong. It has launched a fierce offensive. As of October, the number of customers has increased to 28,000; the other two are:
Hutchison Communications (customers 68,000), which has been developed for many years, and Hong Kong Telecom (customers 35,000), which also just won the bid.
London: Times Communications has entered the British telecommunications industry since early August, and has successively acquired one of the seven national pager companies, a mobile phone license company, and a ct2 second-generation mobile phone license company, and launched a fierce offensive. And Hutchison Communications
It was developed in London last year and is still one step ahead of Times Communications.
However, Hutchison Communications did not dare to take a peek. It also launched an acquisition in London and acquired a company with a ct2 second-generation mobile phone license in preparation for the development of second-generation mobile phones.
For a time, two Hong Kong-funded companies set off a boom in telecommunications investment in London.
Anyone with a discerning eye can see that this investment is a long-term investment with no possibility of short-term profit.
The president of Times Communications, Ronstadt, came to Lin Zuhui's office and reported on the development of London's telecommunications industry.
Because it is an acquired company, business can start immediately.
"Currently, Hutchison Communications has increased its investment. They are one year ahead of us in development, and we are lagging behind for a while! However, we still have great hope of becoming one of the four major London mobile telecommunications providers.
"
Lin Zuhui pondered, Times Communications UK actually has many businesses: first-generation mobile phones, ct2 second-generation mobile phones, personal communication networks, Times paging, Times Mobile data communications, Times mainline mobile phones. It is not just simple paging and
Mobile phones, after all, mobile phones also have many communication methods.
However, these businesses are actually not profitable, and they are still money-losing businesses.
What he really cares about is development - the digital cellular communication network business (the technology is expected to be completed after 1992), which is the business of the 'Orange Company' in the previous life. This business has a larger audience in Europe and can be spun off and listed in the future.
, if you do it well, you can learn from Huo Jianning in his previous life by "selling oranges" and make a huge profit of 160 billion. That is, you have to become the third largest business in Europe before the boss and the second child can compete for the ownership of the third child.
Selling this business does not mean that Times Communications will withdraw from the European market, because it can continue to do telecommunications business, and the impact will not be big because there are many businesses in it.
Of course, the early money-losing business must be continued, which is equivalent to the accumulation of business, technology, and channels in the UK!
After listening to Langshiduo's report, Lin Zuhui said: "In this way, you first communicate with British Aerospace Corporation. Times Communications intends to exchange shares with them - that is, Times Communications (UK) buys their entire personal communications business.
British Aerospace will purchase 30% of the equity of Times Communications (UK); for the difference, we will compensate them in cash! Tell them that we are willing to jointly invest in the next few years according to the proportion of shares held by Times Communications in the UK.
81 billion pounds to develop the UK mobile telecommunications market."
Langsdo's eyes lit up. The boss's idea was great. British Aerospace's personal communications business lagged behind Cable and Telegraph, British Telecom, and even Hutchison Communications (UK) in the UK. But if Times Communications (UK)
After receiving this business, I was immediately on par with Hutchison Communications, and there was no longer any backward talk.
(ps: The market for personal mobile communications services in this era is not big. There are 6 million people in Xiangjiang, but there are only 600,000 paging users and more than 130,000 mobile phone households. There are 3.6 million fixed-line phones, and they are still growing rapidly.)
What's more, if a local company joins, it's like doing business with a shield. Moreover, British Aerospace may also agree to this cooperation, because they themselves lag behind the other three, their main business is not this business, and they are reluctant to invest.
But if the two parties cooperate, Times Communications will hold 70% of the shares and the proportion of investment will also be 70%. If it develops and expands in the future, British Aerospace can also get a share of the pie, and this business will not gradually decline or even disappear.
"Okay, I'll leave for the UK right away to make contact!"
Lin Zuhui reassured: "Don't be so anxious. You first let Times Telecom (UK) make a 'big fight' campaign and publicize it in the media. Only in this way will British Aerospace see our strength and determination."
.Then you can contact me again, and I will personally come forward to complete this cooperation."
Langshiduo nodded quickly and said: "Boss, your command is thoughtful!"
Lin Zuhui sighed again: "The telecommunications industry is a bottomless pit. It does not make money, it only invests. If I say why I attach so much importance to it, it is just to be optimistic about the future, so we must be prepared for a 'protracted war'!"
In the early stage, the United Kingdom and Hong Kong conservatively invested HK$10 billion in telecommunications. With such a large investment, they must be sold as "oranges."
As far as he knew, British Aerospace's personal communications company was called Rabbit. And the Orange Company in the previous life was a subsidiary of Rabbit Company.
Of course, since Lin Zuhui knows that kind of business is profitable, he will definitely develop this business before Hutchison Communications.
Langsdo said: "Well, the prospects of the non-patented telecommunications industry (mobile phones) will sooner or later exceed the patented telecommunications industry."