God-level Trader of Rebirth

Chapter 58

dong dong dong~
"Awei, what kind of door do you lock in broad daylight!"

"Who's knocking on the door?" Chen Weidong was speechless, and was about to discuss recruiting new recruits with his third uncle when he was interrupted.

The third uncle walked over, and just as he opened the door, Lin Zeju, who hadn't seen him for a long time, rushed into the office excitedly, still yelling, "Ah Wei! I've found a suitable shell! "

"What shell?" The third uncle was confused and didn't react.

"The company, the company wants to go public through a backdoor!" Lin Zeju explained, and then handed Chen Weidong a stack of detailed materials.

"North Star Television Broadcasts Ltd."

"Good guy, isn't this a TV station? It's reduced to selling shells?" Chen Weidong was a little shocked. He remembered that Infinity had saved the company's stock.

"I remember, there were a few very popular female stars before, and they were promoted by their TV station. I heard that the champion of the Xiangjiang beauty pageant last year was also signed by them." When the third uncle heard the name of this company, his eyes fell instantly. As soon as it lit up, I remembered a lot of news about them.

"The boss of this company, who lacked funds for import and export business, pledged the stock to the bank. Now affected by the financial crisis, the upstream and downstream businesses have all declined, and the stock has plummeted and is about to liquidate, so urgently Find someone to take over." Lin Zeju explained softly.

"Good guy, it seems that foreign trade is really difficult this year." Chen Weidong frowned and said.

He remembered that the downstairs was originally a foreign trade company, and the profit was not high. In addition, during that time, international hot money savagely attacked the Japanese yen and Thai baht, which caused the exchange rate to fluctuate greatly, exceeding 20% ​​at one time.

The boss of that company, before the economic crisis, signed a large order according to the exchange rate at that time, but when the factory produced the products and was ready to deliver, they found that the exchange rate had already plummeted. They worked hard for several months, and finally Even the wages of the workers cannot be earned back, and they can only go bankrupt.

Examples like this are very common throughout Southeast Asia.

"IPO. Why is this time?"

Chen Weidong kept walking up and down the office, this juncture was too embarrassing.

The financial report of Infinity Computer Company is still loss-making. If it backdoors Polaris, a company that has debt problems, it will definitely be attacked by short sellers when it goes public.

"Awei, now it only takes more than 20 billion yuan to buy Polaris in its entirety. Don't miss this opportunity!" Lin Zeju persuaded.

Now the stock price of Polaris has fallen to a very low price. If you buy it now, you can definitely save a lot of money.

"How many shares do their major shareholders hold now?" Chen Weidong asked.

"The total number of people on the board of directors should be around 60%." Lin Zeju thought for a while and said.

"Is it so low?" Chen Weidong was a little dissatisfied. This is not even 70%, and the equity is too scattered. The remaining 40% of the shares are enough for a caring person to do a lot of things.

Because as long as you hold more than 10% of the shares of a listed company, you can call for a general meeting of shareholders.

At that time, if it is held by a competitor, you will be required to hold a meeting every three days, even if it does not affect the company's operation, it will affect your mentality.

"No way, the company is relatively old, and the equity is very scattered." Lin Zeju explained with some embarrassment.

Polaris is also considered an established listed company, and if they are acquired, it will be of great benefit to Infinity's reputation.

"Are there any other companies?" Chen Weidong asked a little unwillingly. There are so many companies in the Hong Kong stock market, so you can't stick to a North Star.

"Also, there is a company that is more interesting, called Tenglong Real Estate." Lin Zeju said.

"What?" The third uncle was taken aback, and immediately grabbed the information in Lin Zeju's hand, looked through it carefully, and was sure that it was the "Tenglong Real Estate" he knew.

"Haha." Chen Weidong laughed out loud, which is too coincidental.

After reading the information, Chen Weidong found out that because Soros and the others sniped the Hong Kong dollar, the Hong Kong government continued to raise loan interest rates, and the real estate industry was most affected.

Because they are engaged in real estate, most of their money is borrowed from banks, and the interest here is very scary.

The real estate industry fully interprets what is called retail psychology.

When housing prices skyrocketed, countless people borrowed money and loans, insisting on buying a house, for fear that they would be late to get in the car.

However, when the market conditions changed and housing prices plummeted, people who were planning to buy a house did not buy it.

But the real estate developers owe money to the bank, and they urgently need to get back the funds. They can't wait to sell the houses in their hands, so they will sell them at a lower price.

The general public sees that the always-stable housing prices have fallen again and again, and there are still big bubbles in all directions, and there must be lower ones, so let's wait and see for a while.

This makes it more difficult for real estate developers to withdraw funds. Many companies cannot hold on, and they are directly hit by thunder. Some ongoing projects will also be suspended due to lack of funds.

Therefore, Chen Weidong was not surprised that Tenglong Real Estate was in crisis.

"Let's forget about this company. It's all messed up by Mr. Huo of Tiger Securities." The third uncle said with a strange expression.

"OK, so now Polaris is the best choice?" Chen Weidong looked at Lin Zeju.

"Yes, if you are not busy, we can go to their TV station to see it now." Lin Zeju suggested that at this point in time, most of the people in the TV station should not be off work, so we can just watch their work content .

"Okay, let's go and have a look together." Chen Weidong nodded. Anyway, the company has nothing to do in the afternoon.

"Why didn't you see Xi'er?" Lin Zeju looked around and said.

"The meeting should be held in the finance department on the sixth floor. Go over and have a look." After Chen Weidong finished speaking, he walked ahead.

Now Infinity's monthly expenditure is a very large number. Just for salary, it costs more than 7000 million a month. It is a proper taxpayer in Xiangjiang.

The company has developed too fast, and many things have not kept up. The finance department has also grown from the management of Li Xier alone to a professional accounting team with more than 40 people.

The three of them took the elevator to the sixth floor, and found that the decoration style here is quite interesting. They were all made by Li Xier. Chen Weidong never gets entangled in these details, as long as she likes it.

Anyway, it's not that he works on the sixth floor, haha.

When I walked to the office area, I found that the booths were all empty and there was no one there.

"It should be in the conference room." Chen Weidong was already familiar with this scene, and then walked towards the conference room.

As soon as they walked to the door of the meeting room, they heard Li Xier's crisp voice, as if saying: "The computer company's accounts have to be checked several times. There is no assessment of labor, no quota for material consumption, and no cost accounting. It's a mess."

"It seems quite professional." The third uncle and Chen Weidong looked at each other and said in a low voice.

As an Infinity Company, the person with the third highest academic qualifications among the executives can only understand the general idea, but this does not prevent him from seeing how powerful Li Xier is.

As expected of a sea turtle...

(End of this chapter)