Rebirth: The Era of Hong Kong Tycoon

Chapter 171 [Milk Company]

Galaxy Securities.

The general manager Ye Tianhe came to Lin Rongheng's office and looked at Lin Rongheng with respect. This was not respect for the boss, but respect for strength.

Evergrande Real Estate invested 1971 million Hong Kong dollars to buy stocks in August last year (8), and now it has risen to 5000 million Hong Kong dollars; there was no operation during the period, but the return was as high as 1.52%; these investment stocks were proposed by Evergrande Real Estate Yes, it must be the boss' attention.

And the boss injected a sum of 7 million Hong Kong dollars into Galaxy Securities in July last year to allow himself to operate; Ye Tianhe manipulated several stocks during the period, and now it has only risen to 500 million Hong Kong dollars, which is not as clever as the boss's methods.

One is 5000 million Hong Kong dollars, the other is 500 million Hong Kong dollars, and the difficulty of operation is different.

In this way, the boss's stock speculation is much better than his own!

Of course, everyone outperformed the rise of the Hang Seng Index.

After Ye Tianhe sat down, Lin Rongheng said, "How much is the milk company's stock?"

Ye Tianhe immediately replied: "Yesterday's closing price was 102 Hong Kong dollars per share."

Lin Rongheng added: "What is the market value of the company's stocks?"

Ye Tianhe replied: "The market value of the 500 million Hong Kong dollars you injected at the beginning is now 1420 million Hong Kong dollars; afterward, the company used commission funds to buy stocks, and the market value is only 110 million Hong Kong dollars."

Lin Rongheng nodded, and then said directly: "Sell all these stocks, and then exchange them for the milk company's stock!"

Ye Tianhe was taken aback, the boss never cared about the company's own stocks, so it can be said that he was quite at ease with himself;
Now that I suddenly want to speculate in stocks by myself, could it be that I got some inside information!
"Well, I'll do it later!"

Ye Tianhe didn't ask why, he was the general manager of Galaxy Securities, and the main business of Galaxy Securities was to collect commissions;
It doesn't matter how you operate your own funds, let alone the boss's orders.

Ye Tianhe even planned to use half of his 60 Hong Kong dollars to buy the shares of the milk company. After all, the boss might really have some inside information.

At the beginning, Ye Tianhe sold a high-end property and obtained 20 Hong Kong dollars in funds, and now it has been fired to 60 Hong Kong dollars; Resign from the manager position; because following the boss seems to be able to master a lot of core secrets, even if you don't need a salary, it's worth it.

Especially when to close the position, Ye Tianhe decided to refer to the business invested by Evergrande Real Estate; since the last stock speculation failed, Ye Tianhe has some sequelae.

After Ye Tianhe left, Lin Rongheng began to meditate in the office.

The reason why he sold the 1500 million Hong Kong dollars of shares owned by Galaxy Securities to buy the shares of Milk Company is because Lin Rongheng remembered that the "bull war" will take place in late October; the stock of Milk Company will rise to 10 Hong Kong dollars per share , Even Hongkong Land's stock will rise to 290 Hong Kong dollars per share (currently 127 Hong Kong dollars per share).

Calculated in this way, the 1500 million Hong Kong dollars of bank securities can rise to 4000 million Hong Kong dollars, which is also a considerable fortune; and the milk company is now a market value of 7 million Hong Kong dollars, and the impact of buying 1500 million Hong Kong dollars is not great.

In fact, Lin Rongheng also wanted to use Evergrande Real Estate to acquire the Milk Company. Naturally, he did not use cash to buy it, but issued new shares in exchange for the shares of the Milk Company, so that he could annex the Milk Company without paying a penny.

The reason why Milk Company is attractive is that Milk Company owns at least 150 million square feet of high-quality land, especially a piece of land in Causeway Bay, which was later built by Hongkong Land Company for three high-quality commercial buildings (Excellent Hotel, Conference Center) , World Trade Center) and a high-end residential real estate; there is also a piece of residential land in Pok Fu Lam, which was later built by Hongkong Land as "Chi Fu Garden". The 20-storey residences are arranged in an S shape, with a total of more than 27 residential units.

It can be said that Lin Rongheng's acquisition of the milk company can bring at least 10 billion Hong Kong dollars in profits to Evergrande Real Estate, as well as four or five high-quality Grade A office buildings in Causeway Bay, as well as the milk business.

But Lin Rongheng couldn't do anything, because the chairman of the milk company's board of directors was Zhou Xinian, a Chinese tycoon, and in Hong Kong's previous life before the 80s, there was no such thing as a malicious acquisition of a Chinese company by a Chinese company. And it is still a big stain. Everyone thinks that instead of engaging in British capital, you come to engage in Chinese-funded companies, which is a proper 'traitor'.

Secondly, Lin Rongheng didn't want to challenge Hongkong Land now, after all, he hadn't grown up yet.

Therefore, Lin Rongheng could only choose to make a fortune from the stockholders in this event!

One day in late September, Lin Rongheng and Yonghui executives Zhang Jie, Li Mucai and others inspected several stores of 9-ELEVEn convenience stores.

When I came to a 7-ELEVEn convenience store in Tsim Sha Tsui, the first impression of this store was like a small supermarket, covering an area of ​​about 1050 square feet. Unlike other stores, this store has many Hong Kong-specific goods and gifts are clearly designed for tourists in the tourist area of ​​Tsim Sha Tsui.

The annual rent of this store is 65 Hong Kong dollars, which shows that the rent of stores in the tourist area of ​​Tsim Sha Tsui is very expensive; there is a reason for the high price of the store.

Lin Rongheng called the store manager and asked, "How much is the daily turnover?"

The store manager is a woman in her 30s, she looks very capable, and replied decently: "The daily turnover is more than 8000 Hong Kong dollars, and the turnover of the two weekends is more than 10000 Hong Kong dollars, and the highest record is 12500 Hong Kong dollars a day. .”

Lin Rongheng calculated his net profit in his mind. Excluding the rent, it should be about 80 Hong Kong dollars. He is worthy of being the "shop king". The rent is the most expensive and the profit is the most.

When you come to the door of the store and look at the customers who walk into the convenience store in an endless stream, you can intuitively understand the passenger flow of the store here.

Lin Rongheng said to the executives around him: "Are there any strong competitors in the market?"

7-ELEVEn convenience store opened its first store in May last year, and now it has been a year and four months, with 5 stores; I believe that many people have seen the prospect of this business, and those who follow suit will naturally Appeared.

Zhang Jie said: "There are indeed some convenience stores in the market, but they are just some stores that have changed their signs, and they are all peddlers; it is difficult for them to form a chain model. Basically, there are only one or two stores, and there is no warehouse. And the central kitchen, the service awareness is not satisfactory; these stores are nothing to worry about, but the retail company under Hongkong Land has recently opened a convenience store, and it seems that it will enter this market aggressively.”

Lin Rongheng frowned, and couldn't help but feel a little upset that Landmark was ahead of him; Lin Rongheng originally planned to start preparing for the supermarket early next year, but he didn't expect Landland to be the first to grab his own convenience store market.

"Go to the company for a meeting!" Lin Rongheng said without hesitation.

Things have come to this, it is time to enter the supermarket immediately, Lin Rongheng's own understanding of supermarket management is far superior to the business model of this era, it is time to give Wellcome Supermarket under Landmark a new one.

Xiangjiang's retail industry seems to have a small market, but as long as it is done well, Xiangjiang can be used as a springboard to invest in the mainland in the future; even in the global field, it can also have a place.

(End of this chapter)