Hong Kong's new giants

Beginning of November.

New Era Group has started to prepare for the privatization of Cathay City Hotel Management. For a long time, the stock performance of Cathay City Hotel Management has not been good. The reason is very simple, because the annual financial loss is either a loss or a meager profit that does not match the asset value.

The assets of Cathay City Hotel include: 34.9% equity of Grand Hotel, 51% equity of Furama Hotel, Manila Hilton Hotel, 51% equity of Canadian Constellation Hotel Group, and 51% equity of American Aircoa Hotel Management Company.

In terms of asset value, the growth rate of Cathay Pacific City Hotel can be regarded as an advantage, and the current value is more than 70 billion; the debt is actually not high, only 10 billion.

You know, when Lin Zuhui took over Cathay Pacific, the net assets of Cathay City Hotel were less than [-] million.

However, due to the fact that the largest asset, the big hotel, has received little dividends in the past two years, the funds are mainly used to repay debts, and the Peninsula Hotel in Tsim Sha Tsui has built two high-rise hotels behind, so the total dividends are about 1 million to 2 million per year. Cathay Pacific Tens of millions of dividends.In other respects, Manila Hilton Hotel needs to repay its own debts (transfer of acquired debts), Furama Hotel renovation (renovation funds are the previous profits), Canadian Constellation Hotel and American Aircoa Hotel Management Company's dividends are not high.

Taken together, Cathay City Hotel needs to repay 9000 million yuan in interest every year, and its annual net profit is probably a little more than that.

This will of course lead to investor dissatisfaction, so the current market value is only 18.5 billion!
Logically speaking, for a listed company with a net asset of more than 60 billion, its annual net profit should be at least 6 million; no matter how bad it is, based on the minimum standard of 6%, it should have 3.6 ​​million.

However, the share price of Cathay Pacific City Hotel Management has been slammed down, which is suitable for the privatization of New Era Group.

Liang Botao and Liang Zhenxun came to Lin Zuhui's office. The financial advisor for the privatization of Cathay City Hotel is still Peregrine.

It was already in preparation years ago, so Lin Zuhui asked: "What price is the privatization?"

With the increase of wealth, Lin Zuhui has become more and more "kind-hearted", so privatization must be privatization with good intentions.

On the contrary, Da Liu, a few years ago Da Liu engaged in stock market robbery and was called a "sniper"; When he thought he changed his sex, Da Liu acted as a demon in another place.Liu began to privatize Huamei Real Estate. His privatization was very artistic. He first offered a tentative price, then another price, and then another price, gradually defeating the psychological defenses of small shareholders.Moreover, Liu is trying to win over one faction and suppress another faction. No matter how the small shareholders make trouble, it is useless to petition the Hong Kong government. The Securities Regulatory Commission will condemn it at most.Liu usually does not attend the shareholders' meetings of his subsidiaries, because he is afraid of being scolded, so he always sends his wife Bao Yongqin there.

Liang Botao naturally knew what Lin Zuhui was thinking, so he said: "The premium is 27%. According to the current slump in the stock market, this price is very attractive. And the New Era Group only needs to pay a price of 9.4 million to get back 24 billion in assets."

What's more, what got back was not only 24 billion assets, but an asset that could generate a large amount of dividends immediately.Once in 1992, five assets could generate substantial dividends.

Lin Zuhui nodded and said, "Okay, you can pay at this price! This time, the exchange of shares will not be passed, and the shares I hold can no longer be diluted!"

Of course Liang Botao knew that Lin Zuhui valued the shareholding ratio very much. For example, Li Chaoren only held 34.9% of Changshi shares, while Lin Zuhui kept 49% after he became rich.

Of course, if you want to maintain a 49% shareholding, you must know the time to increase your holdings.

After talking about the privatization of Cathay Pacific, Liang Botao asked Lin Zuhui: "What is the prospect of Xiangjiang's real estate?"

Lin Zuhui asked back: "Are you planning to acquire a listed real estate company?"

In November last year, Peregrine used 11 million capital leverage to acquire Kwong Sang Hong with a market value of 3 billion; therefore, Lin Zuhui guessed that Peregrine, which is good at the securities market, must be preparing for another acquisition.

Liang Botao nodded, and said, "I'm planning to acquire Taishun Group, and plan to use this company as investment in real estate and securities!"

This is a shareholder of Peregrine and his backer, Liang Botao felt that there was nothing to say.

Lin Zuhui nodded and said: "The prospect of real estate must be good, it is a stable investment, and we have the opportunity to work on projects together!"

For Lin Zuhui, Peregrine will go bankrupt sooner or later, even if he gains real estate, it will not be able to stand up to the ambitious ambitions of Liang Botao and Du Huilian.The biggest reason for Peregrine's bankruptcy in its previous life was that it did not have sufficient liquidity and invested a large amount of assets in Indonesian rupiah.

Liang Botao nodded, he also breathed a sigh of relief, he thought he was extraordinary, but he had to compare himself with others.

The two chatted for a while, Liang Botao got up and left.

Lin Zuhui couldn't help asking Liang Zhenxun: "Do you think I was the same as them back then?"

Liang Zhenxun was taken aback, thought for a while before saying: "It's different, they don't have any performance, they only know how to use financial leverage to buy out! The boss's method is different, while doing business, while supplementing the industry with finance."

Lin Zuhui nodded. At the beginning, he really didn't put all his eggs in one bet. The debt was as high as 30%, and even a [-]% plunge would not be fatal.

On Saturday morning, Li Jiaxin reluctantly asked Lin Zuhui to take her to ATV to play, and Lin Zuhui complied with her wish.Li Jiaxin is a beautiful woman, it is impossible to be willing to stay in the villa every day.

In fact, Lin Zuhui wanted to find a job for Li Jiaxin, but this woman seemed to be out of interest, so he didn't bother to care about it.Anyway, she might have already grown something in her stomach, Lin Zuhui didn't think she would have any ideas.

When the two came to the ATV building, Li Jiaxin quickly took Lin Zuhui's arm, for fear that others would not know that she was Lin Zuhui's girlfriend.

Lin Zuhui's status in ATV has reached the status of Shao Liushu in TVB!

Although he is not the founder of ATV, but ATV has been suppressed by TVB for so many years, it is Lin Zuhui who turned his hands into clouds and rain, and brought ATV to its current position.Therefore, his influence in ATV is far greater than that of his predecessor Li's company, Qiu Degen.

After coming to ATV, Lin Zuhui happened to remember something, so he asked his assistant to invite several managements to a meeting.

After a while, everyone came to the meeting room, Li Jiaxin sat beside Lin Zuhui excitedly, she never thought that she could still participate!
The senior executives who came in looked at Li Jiaxin and didn't ask any more questions!
Lin Zuhui said with a smile: "It's not a formal meeting, just to communicate my idea with everyone!" The implication is that it doesn't hurt for Li Jiaxin to listen.

Everyone nodded, because they also found that many high-level executives did not come, but the chief executive, Zhou Liang Shuyi, did come.

Then, Lin Zuhui said: "Who can tell me about Li Ming and Guo Fucheng, the situation of the two of them? For example, what achievements have been made, and what is the prospect of training?"

Soon, someone reported to Lin Zuhui.

"Li Ming's current performance is very good. Last year, he released 4 albums, all of which achieved platinum sales. He suppressed the momentum of Hacken Lee, who also belongs to Polygram Records, and replaced him."

Although Liming has signed a contract with ATV, ATV can cooperate with Polygram and other world record companies to jointly promote popular artists; Get record income, concert share, etc.

"Guo Fucheng released two albums in Taiwan last year, and achieved a total of 150 million copies. This year, he has returned to Xiangjiang to develop and has become a new star in our AVISION."

Lin Zuhui nodded, and said: "I called you this time because I suddenly had a very good idea! Our Hong Kong entertainment circle has a mature packaging mechanism and a unique way of making stars, which can completely spread the 'Hong Kong entertainment culture' to the world." Overseas. So, I think we should make a gimmick, with ATV taking the lead, making ATV's Lai Ming and Aaron Kwok, TVB's Andy Lau and Zhang Xueyou into the 'Four Heavenly Kings', let them become popular all over Asia!"

ATV has a mature packaging mechanism, and Lin Zuhui has a lot of resources in his hands. He can only say who he wants to be popular.

Zhou Liang Shuyi's eyes lit up, and she quickly said: "The boss's plan is very good! Back then, Zhou Runhua became popular in Asia with DreamWorks movies, especially in Japan and South Korea. If we proposed the 'Four Heavenly Kings', we at ATV would not only Being able to get only two heavenly kings has driven the progress of the entire entertainment industry in Hong Kong."

Everyone praised Lin Zuhui's good suggestion one after another, flattering like a wave!

Li Jiaxin looked at Lin Zuhui with admiration, she was thinking in her heart, is there anything in this world that her man doesn't understand?Real estate, finance, media, and clothing can all be played well. Xiangjiang has not yet had such a capable tycoon!
Lin Zuhui finally said: "Okay, I have put forward my opinion, and I will use you to do it later! President, you can discuss it with Fang Yihua, this kind of thing is good for everyone, and the two companies will do it together! If Wireless does not agree, it will inevitably To cause dissatisfaction with Liu Dehua and Zhang Xueyou, it would be better to switch to ATV at that time!"

Selina Chow nodded and said, "Okay! We can use your newspapers to spread this gimmick first. At that time, TVB will also have to get involved!"

In fact, although Liming and Guo Fucheng are very popular at this time, Liu Dehua and Zhang Xueyou have been popular for a long time after all, so ATV is suspected of being popular.

"That's it! In the end, our ATV record company needs to invest more and pay more attention to it. It is very likely that YG Entertainment will grow up and have great potential!"

"Yes!" Everyone replied seriously.

TVB's record company is China Star, and ATV naturally has its own record company, which was renamed 'Donghua Records' first.

After the meeting was over, Li Jiaxin said with a look of admiration: "Brother Hui, the Four Heavenly Kings were settled by you with just a few words?"

Lin Zuhui said happily: "Otherwise? There are thousands of people in ATV, and I, the boss, should go to the battle in person! Little girl, learn a little bit!" After finishing speaking, he became complacent, and this side can only be shown in front of his own woman .

Li Jiaxin approached and said: "What's the use of me learning a little, and I don't have any subordinates!" After speaking, there was a bit of hope on his face.

Lin Zuhui said with a smile: "You should not have any subordinates, otherwise you will command indiscriminately. Do you really think that anyone can take my position?"

Li Jiaxin quit immediately and acted like a baby.

Lin Zuhui finally smiled and said: "Okay, I'm thinking about setting up a family office in the past two years. At that time, you don't even need to use your brains. Whether it's investment, travel, shopping, legal affairs, or children's education, someone will help you. Do it!"

Li Jiaxin said excitedly: "Then what have we become, we don't even need to use our brains?"

"It's okay if you don't want it, it's not forcing you!"

"It's annoying, I want it!"

After joking for a while, Lin Zuhui took Li Jiaxin to visit ATV. He himself was not curious about the entertainment industry, but Li Jiaxin couldn't help being curious.Anyway, today is also Saturday, so Lin Zuhui should relax a bit.

When it was almost over, Lin Zuhui and Li Jiaxin ran into Zhou Huimin in the corridor.

Seeing Li Jiaxin holding Lin Zuhui's arm, Zhou Huimin's expression changed immediately, and she walked past with her head down.

It belongs to the sensitivity of women, Li Jiaxin immediately noticed this situation, and asked: "There is a situation, why doesn't Zhou Huimin greet you? He seems to avoid us!"

Lin Zuhui said with a normal expression: "I am not familiar with the artists here, and everyone has rarely seen each other, so they may not be able to say hello!"

Li Jiaxin said suspiciously: "Those people just said hello, there is no reason for her to turn a blind eye!"

"Let's go, don't you give others small shoes to wear! Be careful!"

"I don't have it! I just doubt it."

"Don't talk nonsense!"

In this way, Lin Zuhui barely escaped, but he was very curious, whether Zhou Huimin would let him go to bed!

Gotta give this a try!