Reborn in Hong Kong as a Tycoon

Chapter 713 Everything (Two in One)

Walking into the villa, Lin Baicheng saw two cousins.

"Cheng An, Cheng Lin, where are your uncles?"

Lin Baicheng looked, but he didn't see Father Lin.

Zhao Chengan said: "Uncle, he went fishing with a friend."

"Have you gone fishing?"

Lin Baicheng nodded, it is normal for his father to have some leisure hobbies.

Lin Baicheng took Chen Huixiang and Qin Lan to the study upstairs.

"Report to me about the latest big and small things, take your time one by one, don't worry."

Lin Baicheng said to Qin Lan that although his sister Lin Shufang had told him about some things, it was inconvenient to contact him, so he didn't say many things, and the things he said were not too detailed.

"Yes, Mr. Lin."

Qin Lan was prepared for this, and kept all the things to report in his mind.

"Mr. Lin, let me start with the fact that I was sanctioned and blocked by the Bay Island authorities."

"Asian Star Media Group, Xinghe Games, and Xingyue Electronic Game Company, the products of the three companies have been banned from being sold on Bay Island. Among them, the return of the products of Xinghe Game Company and Xingyue Electronic Game Company is currently in progress. , the two companies give customers a one-month return period, and offer different degrees of discounts according to the length of time the product was purchased and the degree of damage to the product.”

"As for Asia Star Media Group, film and television dramas are different from other products. Unless they are products that were traded two months ago, they will not be returned."

Lin Baicheng couldn't help but nodded slightly when he heard this. Movies and TV shows are indeed different from physical products such as arcade machines and consoles, and they cannot be generalized. Since the Secretariat and the three companies believe that it is better to deal with it this way, of course he will not object.

Professional things are left to professional people. Lin Baicheng does not think that he can do everything better by himself, so under normal circumstances he will respect the resolutions of the management of each company.

"I remember that Xingyue Electronic Game Company seems to have a physical store in Wanbei, right? How are the branch offices and physical stores arranged?"

"The branch of Asia Star Media Group in Wanbei is already being abolished. Employees who are willing to come to Xiangjiang to continue working for the company will be arranged by the company, and those who are unwilling will be paid half a year's salary as compensation for resignation."

"The physical store of Xingyue Video Game Company is also handled in the same way. For the employees of Xinxiang Company, even if they are ordinary employees at the bottom, the company will not treat them badly."

"I have no objection to this arrangement."

Lin Baicheng is very satisfied with this, although it cost a sum of money to compensate those resigned employees, let alone now, most companies will not achieve this level in decades, but it is just a waste of money. Money bought a good reputation, and it didn't cost much in the end anyway.

"Wandao, is there any other movement behind?"

"Nothing."

Qin Lan shook her head upon hearing this.

"It doesn't matter if it doesn't exist, let's give up the market on the Bay Island for the time being, and try to see if this situation can be changed after a few years."

Lin Baicheng thought for a while and said, any regime will not change overnight, so if you want to change the decision on the Bay Island in a short period of time, even if you can do it, you will have to pay a huge price, so there is no need to try it out in a few years. Late.

"Okay, Mr. Lin."

Qin Lan nodded in response, and then continued talking.

"The three companies mentioned just now, apart from losing the Bay Island market, the ban on Bay Island has not affected other places, and the three companies are also operating normally."

"What happened in the three companies, if you want to say that it is more important, that is, because Galaxy Games is about to expire due to the lifting of the stock ban, Wall Street specially sent people to Xiangjiang headquarters to discuss with the management to cooperate with Wall Street to reduce its holdings and cash out. "

Lin Baicheng listened and said: "This is what was agreed at the beginning, let's do our best to cooperate."

Qin Lan said: "Vice President Yuan Charlie knows how to do it, and he has done a good job of connecting with Wall Street."

"Does Wall Street have any plans?"

Lin Baicheng asked curiously.

Qin Lan nodded: "Wall Street has said a general plan. Wall Street institutions including Goldman Sachs will raise their evaluation of the company and raise the target price of the company's stock price. This is already being implemented. In the process, the company needs to Cooperate with the release of favorable announcements to attract investors to enter the market to buy the company’s stocks, and Wall Street institutions will reduce their holdings of stocks in the process.”

"It seems to be about the same as I thought."

Although the tricks are not new, Lin Baicheng knows that these tricks are still very useful.Without the reputation of Goldman Sachs and other institutions, there is no way to attract a large number of investors to buy the stock of Galaxy Games, so this kind of trick is not easy to use, it needs the cooperation of Goldman Sachs and other large institutions.

"What is the stock price of Galaxy Games now? What is the target price raised by Wall Street?"

"Yesterday was Friday. As of the end of this week, Galaxy Games' closing price was US$56.33, with a market capitalization of more than US$110 billion. The company's stock price has been in a fluctuating upward trend since ten trading days ago, with a cumulative increase of more than 10% in two weeks. It looks like the current trend will continue upward.”

"As for the expectations of Wall Street institutions on the company's stock price, it has been raised from around US$60 to around US$75. However, each agency's expected target price is different. Some are above US$75, and some are above US$75. The price target is $82."

"A group of institutions on Wall Street have a tacit understanding. I think they will definitely let the company's stock price fluctuate above $70 for a period of time, so that the stocks in their hands can be smoothly reduced and cashed out."

"This leek was cut."

After hearing this, Lin Baicheng couldn't help shaking his head with emotion, he really deserves to be a Wall Street vampire, everyone is really dark.

Lin Baicheng clearly remembers that before Galaxy Games went public, that is, in May last year, he sold 17.5% of Galaxy Games shares to a group of Wall Street institutions for US$4.3225 million.

Although the shares held by Wall Street institutions will also be diluted when the company goes public, even after dilution, the cost price of the shares held by Wall Street institutions is still lower than the company's issue price of $16.

To make a simple calculation, the cost price of the shares held by Wall Street institutions is calculated at US$16, and the average selling price is calculated at US$64. The increase is 300%, which is three times the profit.

At the beginning, Wall Street institutions invested 4.3225 million U.S. dollars, and the three-fold profit was nearly 13 billion U.S. dollars.

This is not counting when Galaxy Games went public, Goldman Sachs and other Wall Street institutions obtained a lot of Galaxy Games shares through placements, and there must be at least a few hundred million dollars in profits.

It is estimated that if Wall Street institutions can sell the shares of Galaxy Games Company at a price of about [-] to [-] U.S. dollars, then their profits will be at least [-] billion U.S. dollars.

The important thing is that the investment time is only about one year, and the time span is not very long.

Although many Wall Street institutions are similar to billions of dollars in profits, Goldman Sachs, which has the deepest participation, must have the most profits.

These are just the profits of Wall Street institutions holding the shares of Galaxy Games Company for one year. Lin Baicheng can guarantee that after the Wall Street institutions complete the reduction of stock holdings, they will definitely choose to raise the stock price of Galaxy Games Company for the last wave, and then proceed in the process. short.

After the stock price of Galaxy Games Company falls, the participating Wall Street institutions can make another fortune.

As long as Goldman Sachs and other Wall Street institutions do the work of Lin Baicheng, let Lin Baicheng not take the initiative to increase the shares of Galaxy Games, and even cooperate with the release of negative announcements, Goldman Sachs and other institutions will definitely make money, and there is basically no possibility of losing money.

And if institutions such as Goldman Sachs came to them, as long as there were enough benefits, Lin Baicheng would not refuse.One is that he wants to establish a good relationship with Goldman Sachs and other Wall Street institutions and become "friends"; the other is that Wall Street institutions harvest leeks from the United States, and have nothing to do with him. And other institutions hard top.

However, Goldman Sachs and other Wall Street institutions have made a lot of money, which is not without benefits for Lin Baicheng.

The most obvious benefit is that it will be easier for other companies under Lin Baicheng's name to raise funds and go public in the future.Based on the success of Galaxy Games, as long as Lin Baicheng's cooperation with Wall Street institutions does not make them lose money, they will definitely be willing to cooperate with Lin Baicheng.

Cooperating with successful people is a truth that is universal to the whole world.

"What about Hutchison? Leaving aside the issue of the stock price, is there any problem with the company's management?"

"The group's subsidiaries have suffered bad news from the British capital, but it's not a big problem, and it has been resolved. In terms of operation, it is currently stable, and overseas expansion is also in progress." Qin Lan replied.

"It's fine if there's no problem."

Lin Baicheng nodded and said, "I won't go to Yinglun. At that time, I will let Vice President Lin go there instead of me. You, the director of the secretariat, will also go with you, together with Wei Li on behalf of Hutchison Whampoa and Laws. Rice signed the relevant transfer agreement of Bentley Motors."

"In addition to Bentley Motors, several other companies and factories have also been acquired together. This is promised to the Prime Minister's Office. It is best not to delay."

Wei Li and Rolls-Royce have already negotiated the transfer price of the Bentley, and now the execution of the transaction is short. Originally, Lin Baicheng planned to go to London, but the blockade of the Bay Island and the ambiguous attitude of the Hong Kong government made him decide to settle down. On the one hand, instead of going to London in person, let his sister Lin Shufang go to London for the transaction instead.

Although Lin Baicheng personally thinks that the possibility of Yinglun restricting his freedom after he passed is very small, but it is very small, and he still thinks that there is a little possibility in his heart, so he does not want to take risks. After all, his current achievements make him There is absolutely no need to take risks.

Chen Huixiang said aloud: "Mr. Lin, besides Bentley Motors, there are several companies that you will acquire in England. Xiangjiang and England are far apart. Do you think it is necessary to establish a secretariat in England to assist you?" manage these businesses?"

"The secretariat will naturally be established."

Lin Baicheng nodded and said, "At that time, a few people will be selected from Hong Kong and the United States, and then recruited locally from London to jointly build the secretariat." Since he himself will not go to London, it is very important to set up the secretariat there. It is necessary.

"Let Hutchison raise the specifications of the branch in England to a higher level. With Bentley Motors, the market in England will be very important to Hutchison."

Lin Baicheng mentioned it.

"I see."

Qin Lan wrote it down in his notebook.

"Tell me about the details of the acquisition of Bentley Motors, financial aspects." Lin Baicheng currently only knows the final purchase price.

"The final purchase price of Hutchison's acquisition of Bentley Motors is US$4.1 million, which is 1.64 million pounds. Bentley Motors has an additional debt of 1.2 million pounds, which is 3 million US dollars in debt."

"President Wei Li and the Bentley family have negotiated. After completing the acquisition of Bentley Motors, the two companies will jointly inject 1.4 million US dollars into Bentley Motors, which will be used for the expansion of Bentley Motors' new factory, technology research and development, and the establishment of core parts departments, etc. .”

"If debts are not counted for the time being, the expenditure on Bentley Motors is 5.5 million U.S. dollars, of which the company holds 85% of the shares, and a total of 4.675 million U.S. dollars needs to be spent. Of the 15% of the funds that the Bentley family needs to pay, 5% of the funds need to be guaranteed by the company. Bank loan."

"President Wei Li said that in this acquisition, apart from the fact that Bentley Motors did not obtain the latest technology of the most advanced automobile engine and some core accessories, a second-level technology company did, and the patents were also permanently authorized. But the authorization fee has to be paid normally.”

"That is to say, even if Bentley Motors does not rely on Rolls-Royce, it can manufacture its own cars, but the cars it produces can only be regarded as second-rate cars, which are much worse than before. Therefore, in the past few years, Bentley Motors still needed to rely on Rolls-Royce. Rolls-Royce, a lot of the company's profits will be taken by Rolls-Royce until the company's technology catches up with the world's first-class level."

"What's more, Bentley Motors has been unable to give back to Hutchison for a long time. The company's annual profits will be used first to repay debts. If the debts are not repaid slowly, Bentley Motors will never even think about developing."

"Even, if Bentley Motors didn't develop at the beginning, it is very likely that He Huang will continue to provide blood transfusions for Bentley Motors. After all, the development of enterprises is not always smooth sailing."

To put it bluntly, Bentley Motors will become a burden on Hutchison Whampoa for a long time, rather than another pillar industry.

After hearing this, Lin Baicheng said: "Remember, let Wei Li talk to the Bentley family to see if the Bentley family can come up with another sum of money. The two families will first pay back the debts of Bentley Motors. If it is impossible, pay back part of it first That's fine too."

"The debt of $3 million is too much pressure for Bentley Motors today."

Basically, it can be said that the annual profits of Bentley Motors are enough to repay the debts, and there is not much left after the debts are repaid.

"I see."

Qin Lan responded, and then said: "Mr. Lin, judging from the financial situation of the Bentley family, even if the Bentley family agrees to pay off part of the debts for Bentley Motors first, the Bentley family will not be able to pay that much money. We need us to guarantee the Bentley family Loans, but we have guaranteed more than $2000 million in loans for the Bentley family."

Lin Baicheng immediately said: "Let the Bentley family mortgage the shares of Bentley Motors. If you have shares in the car company, you are not afraid that the Bentley family will not pay back the money."

Qin Lan nodded and wrote it down, and then talked about other companies.

(End of this chapter)