New Era Group officially released a revaluation asset report, with a net asset value of 82.8 billion, causing shock in Hong Kong and Kowloon.
Who would have thought that this company had only been taken over by Lin Zuhui for six years. In 1985, it was only a mosquito-type company with a net asset value of 50 million. Now it has increased thousands of times. Looking at the development history of New Era Group, it is
A history of financial development of acquisitions, mergers and acquisitions, and financing.
Taking the Changshi Group as an example, its asset value more than tripled from 1986 to 1991, and its current net asset value is just over 110 billion.
On the same day, New Era Group's stock surged again, with its market value exceeding 68 billion.
Huazhi Center.
Lin Zuhui was thinking about the problem in his office. He deliberately promoted the rise in the stock price of New Era Group.
Its purpose is to conduct a series of financing activities.
He plans to raise 3 billion through a rights issue in May, issue convertible bonds, and raise another 2 billion through overseas bonds, for a total of 5 billion.
The original profit scale of New Era Group this year may also be around 6 billion. Coupled with the billions of cash on the books, New Era Group's cash flow is very sufficient, second only to the HSBC Group (Hang Seng Bank is also the HSBC Group)
Subsidiary company).
As for the debt, the debt ratio is now less than 10%; and the best interest rate is only 8%, so there is no reason to repay it in advance.
This year's major investment projects include Tsuen Wan Plaza, reserve land, etc. Although the Tsuen Wan Plaza project has a large capital investment, it will be invested in batches, and funds will be withdrawn from adjacent residential projects in the future.
Money seems to be quite abundant!
This is exactly what Lin Zuhui wants to see.
As long as you have money, once you have a good investment, you can start immediately without being restricted by banks.
........
In the afternoon, Lin Zuhui came to Hengjin Investment and received George, the president of Hengjin Investment, and Bruce, the head of family office investment, in the office.
"How is short selling USD/JPY going?"
Yes, Lin Zuhui once again sold high-leverage foreign exchange investments because he was short of money. The initial stage of developing a bank required a lot of investment, and he had to empty his memory to invest and obtain high returns.
If you invest in the S&P 500, you can make a steady profit of more than 3 billion. Even so, the cash flow of Hengjin Investment is only more than 8 billion.
This makes his investment bank not feel secure enough!
His investment bank is not starting from a small start, but intends to establish himself as one of the top five large banks in Hong Kong in one fell swoop, so I am afraid he will need a lot of funds.
So, the stock god takes action again!
Since March, he has been paying attention to the price of USD/JPY and found that when it rose from the lowest 127 points in February to 135 points, he decisively asked Hengjin Investment to start short selling 20 billion USD/JPY in batches at 137 points.
Japanese yen (1 billion margin).
This time, he adopted a 20 times leverage and 1 billion principal model; in addition, he also prepared 3 billion funds to replenish the margin at any time to avoid being liquidated.
In fact, this kind of gameplay is similar to the 100 times leverage of later generations. Assuming that the minimum leverage is only 100 times, Lin Zuhui's investment method is to spend 200 million for short selling, and then increase the margin at any time.
However, this is not the era of Internet trading. If you really need 100 times leverage, no one dares to invest. Before the call is finished, the position may be liquidated.
As for why Lin Zuhui chose to short the US dollar/yen, it was not all based on analysis, but memory took up a large part; because he knew that the US dollar/yen would fall to about 120 points in 1992 from now on.
, around 100 points in 1993, and around 80 points in 1995.
Anyway, the general trend is all the way down, so he has no reason to "buy" and instead chooses to "sell".
In addition, short selling above 137 points is relatively safe. If it rises to 143 points, he will immediately add margin. By analogy, his 4 billion funds can almost support it to 166 points.
This is not over yet. If it can really rise to 166 points, Lin Zuhui will mobilize a large amount of funds to continue short selling, and he will earn more.
Obviously, it is impossible to rise to 166 points, which is not in line with the general trend!
George nodded and said, "Well, New York, London, and Xiangjiang are all already carrying out short selling in batches. According to the current situation, almost every day is a short selling point, and it is expected to be completed this month."
Lin Zuhui emphasized: "We can only short-sell above 137, even if it is 136.9 points, we will not short-sell! Even if there is no chance of short-selling, we must stick to the pre-investment strategy and cannot make any changes. Because of the risks of investing like this
Project and mentality are the most important.”
Compared with investment professionals, Lin Zuhui is definitely not as good as George and Bruce, but compared to his state of mind, Lin Zuhui has already been as stable as Mount Tai. Almost no one can be more stable than him!
The first is that he knows some general trends, and the second is that his wealth is huge, less than 10 billion, and he will not blink an eye if he loses.
"Okay, we will always stick to your style!"
Then, Lin Zuhui communicated with Bruce again, and the 20 billion of the family office has basically been invested. However, the family office investment department is not only responsible for the family office, they have to be responsible for all Lin Zuhui's affairs.
"Pay attention to the stock situation of Oracle and Citibank for me, and communicate with me at any time." Finally, Lin Zuhui told Bruce.
Bruce asked: "The boss wants to buy the bottom? These two companies have been in trouble in the past two years, especially Oracle's market value has plummeted by 80%."
Lin Zuhui nodded and said: "Remember, the 1990s were dominated by the Internet and information technology. Almost any investment related to it would make a lot of money. Emerging retailers Home Depot, Best Buy, electronic technology companies Dell Computer, Intel, these four
The company is the stock our family invested in this time, and it is actually related to the Internet and information technology... So you can also pay attention to similar software stocks, and you can invest in them."
This chapter is not finished yet, please click the next page to continue reading the exciting content! As expected of the stock god, Buffett is not so convincing, Bruce and George thought so.
"Okay, we will pay attention to investment in this area!" they said in unison.
Although there are new investment directions, currently both Family Office and Hengjin Investment have no funds.
However, we can wait until the S&P 500 futures are delivered in April. Some of the approximately 5 billion funds withdrawn can be used by Hengjin Investment to invest in software, information technology, and Internet-themed U.S. stocks.
As for the bargain-hunting of European and American office buildings, Lin Zuhui has decided to ask New Era Group to provide 2 billion Hong Kong dollars in funds to complete the project in the form of a loan (5 times leverage).
This round of decline in European and American real estate actually began to rise again in 1993. Therefore, Lin Zuhui planned to consider investing in European and American commercial real estate in 1992.
.......
On Thursday, queues started to line up again downstairs in Huazhi Center. These people came to buy houses, and the sales period of "Huijing Garden" was Friday. In order to ensure that there were no accidents, JC could only be called in to maintain order 24 hours a day.
The next day, 735 of the 750 residential units in Huijing Garden were sold that day, and they were basically sold out on the first day.
Lin Zuhui had already anticipated this situation. He also knew that the growth rate of Xiangjiang real estate this year should be more than 50%. In other words, taking the island as an example, the average selling price this year will be around 2,800 to 3,000 yuan, excluding large-scale
Estates and luxury properties.
crazy!
So much so that when the Lin family was having dinner, the girls were all chattering about real estate, and nothing could stop them.
........
On Saturday morning, Lin Zuhui convened ATV executives and senior staff from the program production department for talks.
"What are the results of "The Voice of China"?"
After hearing Lin Zuhui's question, Zhou Liangshuyi immediately reported: ""The Voice of China" has received a total of 60 million in advertising fees, and the net profit is expected to reach 20 million; since the launch of "The Voice of China", the overall ratings of ATV TV have accounted for 10% of the total.
With a 60% share, it has completely suppressed TVB; Asia Satellite TV’s current audience has reached 15 million, which has nearly doubled since the launch..."
Awesome results!
Low profits are normal because costs are too high.
The most important thing is that the sea drives the number of viewers of satellite TV to grow, which is the largest investment in the long-term advertising revenue of satellite TV.
Lin Zuhui remembers that in his previous life, Li Huagua’s six satellite TV channels had an audience of 45 million two years after it was launched. If the current situation continues, Asia Satellite TV may also be able to reach an audience of more than 40 million.
Because compared to Li Huanggua’s satellite TV station, Asia Satellite TV has more advantages in programming.
Lin Zuhui nodded and said: "The Voice of China is the originator of talent shows, but it is obviously not enough to make us stand out in the world in variety shows. Next, you will prepare another program called "Pop Idol"."
"The idea of the program is: This program is designed for children who want to become pop stars. It is to select a superstar and pop idol among 20-year-old Chinese children in Asia. It kills three birds with one stone.
A shortcut for these young people to make their dreams come true is a way for record dealers and managers to discover new singer stars, and it is also a way for television stations to attract viewers through a months-long "reality TV"
"The method of the program is: Each group of 4 judges will go to Asian Chinese gathering places to select talents! First, registration will be done, and then 100 people will be selected from tens of thousands of people. Then, they will be selected from these 100 people.
50, and finally reduced to 10 candidates. At this time, the judges already knew that although there can only be one winner in the end, the person standing in front of them is no longer just a future star. "
After Lin Zuhui finished speaking, not everyone had the same vision. Some senior executives questioned: "Boss, will this program overlap with "The Voice of China"?"
Lin Zuhui was not dissatisfied, but explained: "There are definitely some repetitions in the talent show, but there are definitely many differences, that is, the mode and the target audience. The target audience of "Pop Idol" is 16 to 24 years old, and the singing voice is very important.
, but appearance also plays a certain role. Pop idol, also called super idol, is our ambition to create a new king-level idol!"
Sylvia Chow immediately echoed: "The idea of this program is very good. The important thing is that it is very suitable for the copyright requirements of European and American TV stations. If we do it well, one copyright can be sold for tens of millions of dollars."
Lin Zuhui nodded with satisfaction and said: "Yes, at least 20 million US dollars per copyright. We sold it too cheap last time. You can see how much money ABC in the United States is making now with "Millionaire"!"
Everyone nodded!
Then, Lin Zuhui discussed the detailed design with everyone. For example, during the audition, each contestant only has 1 minute, which is more efficient. Because as long as you sing well, you can pass the audition even if your performance is abnormal.
Secondly, you can also add special events in San Francisco, Vancouver, London and other cities and advertise in local Chinese newspapers.
The cost may be much higher, and a program that could have made a profit of 50 million may end up with a tie. But Lin Zuhui was originally interested in the copyright income, and the number of viewers of satellite TV was growing, so the program itself was losing money, and he had to do it.
After the meeting, Lin Zuhui showed a smile. There are so many programs that can be copied from his previous life. In addition to talent shows, there are also programs that can be copied from "Wild Survival".
Lin Zuhui remembered that there was a similar program around 2000 in his previous life. Therefore, it will be launched in the next few years.
Nowadays, the success of Asia Satellite TV has suddenly made Asia TV's audience no longer limited to Hong Kong, but all Asia. Therefore, many advertisers are no longer from Hong Kong, but all Asia.
As the market becomes bigger, there will be no pressure to produce these programs.
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