People in Hong Kong create super chaebols

Chapter 343: Only 5 million is offered, sell it if you like it!

"Mr. Tui Bijian, you have said so much, but what is the price you are offering? If the price is right, I can get it. After all, I am not short of money now, but if the price is completely meaningless to me, If it's attractive, I'm not interested anymore. For me, Wharf has never been in my business planning blueprint." After saying so much, Su Cheng didn't plan to continue talking and asked directly for the price!
Now, two or three months ago, with the end of the Wharf War, Wharf's stock price began to plummet.

Originally, when Wharf was competing with Jardine Matheson, the average price once rose to more than HK$50, and even reached a maximum of HK$100 per share.

However, that is a false price after all, and there is naturally a lot of water in it. Wharf is not worth this value.

With the Charter King actually taking over the Wharf and becoming the new head coach of the Wharf, the Wharf incident finally came to an end.

As a result, Wharf's stock price naturally began to fall, and it fell crazily.

After all, during the battle, the stock price rose too high. At such a price, it is impossible to continue to pay for the high price after the winner is determined.

Therefore, in just three months, Wharf's stock price has dropped from its peak of HK$100 per share to today's current level of HK$18-20 per share, a terrifying five-fold decline.

Six months ago, Tianyuan Investment Company announced that it owned 23% of the shares of Wharf. At that time, the stock price of Wharf was only HK$21 per share.

Now the price has not only returned to the previous price, but is even lower than before. The reason is naturally affected by the oil crisis.

Therefore, today's Wharf stock price has been hovering between 18 Hong Kong dollars and 20 Hong Kong dollars per share.

This price is not very low for Wharf.

After all, the average purchase price of the Wharf stock price held by Sioux City was only about HK$15 per share.

"On behalf of Land Group and Jardine Matheson Group, I am willing to sell 18% of our shares in Wharf to Mr. Su at a price of HK$29.87 per share!" Obviously, Twisted Bikin has already thought of this price, so When Su Cheng asked about the price, Nui Bijian said it directly.

"As far as I know, the current share price of Wharf is only about 18 Hong Kong dollars per share, right? You sold it to me for 18 Hong Kong dollars. Doesn't this look like a preferential price?" Su Cheng said.

"Mr. Su, in addition to the 10% of Wharf stocks we have been holding, the other nearly 20% of Wharf stocks, our cost price is almost 60 Hong Kong dollars per share, and now it has dropped to 18 Hong Kong dollars per share. To be honest, we We have already lost enough." Tuanbi Jian said with a wry smile.

"Mr. Nie Bijian, the average price is 60 Hong Kong dollars per share. That price was determined by the competition between you and Mr. Bao. It has nothing to do with the actual value of Wharf." Su Cheng shook his head and said.

"That being said, the true value of Wharf is not just 18 Hong Kong dollars per share. Relevant professionals estimated at the beginning of this year that the market value of Wharf is at least over 40 billion Hong Kong dollars. Now it is 18 Hong Kong dollars per share. The total market value It’s only about HK$20 billion, so it’s already a very good deal for Mr. Su to buy Wharf shares at this price,” Twibijian continued.

"To be honest, I don't think it's a good deal. Mr. Nie Bijian, please tell me, if we calculate it at 18 Hong Kong dollars per share, how much do I have to pay for the stocks in your hands?" Su Cheng asked.

"We hold a total of 29.87%, and the total price is about HK$6.02 million. I can make the decision and erase 2 million. Mr. Su only needs to pay HK$6 million to obtain all the Wharf equity in our hands!" Bi Jian said directly.

"Let's do this. I will acquire all the Wharf stocks you hold for 5 million Hong Kong dollars. If your Jardine Matheson Group is willing to sell it, I will take it over, and the funds can be transferred to you immediately without dragging your money!" Su Cheng After thinking for a while, he said.

Several hundred million Hong Kong dollars may not be a large amount for today's Sioux City, but for most enterprises in Hong Kong, it is a large sum of money.

Even if Jardine Matheson is one of the top ten listed companies in Xiangjiang, 6 million yuan is still a lot of money.

If they had this money, their situation would be much better off.

This was also the reason why Nui Bijian was so anxious to find Su Cheng.Moreover, now that we are in the midst of an oil crisis, no one knows what the real direction of the stock market will be.

I even think most Xiangjiang businessmen feel that this is the beginning of another bear market.

Because they all experienced the dark history from 1973 to 1974.

The current situation is very similar to that of the past.

Therefore, Tuibijian still wants to sell Wharf's shares as soon as possible before the stock market plummets.

Otherwise, if this bear market lasts for two or three years, Jardine Matheson Group will definitely suffer.

Although Jardine Matheson, a large British-funded conglomerate in Hong Kong, is a banker, it can easily control the direction of the stock market.

However, in the case of a global bear market, Xiangjiang's stock market will also be greatly affected. At this time, the stock market is simply out of their control.

"5 million Hong Kong dollars is impossible, Mr. Su. This way we will lose too much. Even if I agree, the Board of Directors of Jardine Matheson will not agree." Upon hearing Su Cheng's words, Tui Bijian's reaction was very fierce. .

Suddenly, 1 million was lost. For Nie Bijian, it was a price that he could not accept no matter what.

"Mr. Nie Bijian, to be honest, Wharf stocks are dispensable to me. At the price of HK$18 per share, I am not interested at all. Since you can't accept it, why not find other buyers?" Well, I believe someone will buy it, or you can go back and discuss it. If you are willing to sell it, I can buy it directly in cash without installment payment. I will only offer this price. It is up to you whether you are willing to sell it." Su Cheng said with a serious expression this time.

His meaning is also very simple: I only offer 5 million Hong Kong dollars, whether you like it or not!

Su Cheng was very confident, because he knew that at this time, it would be impossible to find a second buyer for spending hundreds of millions to buy shares of a company that he could not control.

In other words, apart from Sioux City, they could not find anyone else to acquire their shares.

Hearing Su Cheng's tone of voice that didn't even give him a chance to bargain, Nui Bijian was silent for a long time.

Although he knew that if he asked someone to buy stocks, he would inevitably get ripped off, but he never expected that Su Cheng would be ripped off so hard!
Such a sale price is no longer something he, the chief executive, can decide. It needs to be voted by the entire board of directors.

However, with the current situation of Jardine, even if it is voted on, it must pass, otherwise Jardine can only continue to sell properties at a loss.

"Mr. Su, I can't decide on this price. Let's do this. I'll convene a board meeting as soon as possible. If there is any news then, I will inform you in time." At this point, Tuan Bijian has no intention of staying and continuing with Su Cheng. The conversation continued.

He knew that even if the board of directors approved this condition, it would be another stain on his career.

As the chief executive of Jardine He, he will naturally bear the responsibility for the poor management of Jardine.

Ni Bijian's term of office as a supervisor is coming soon. According to the development of the situation, it will be difficult for him to renew his term.

(End of this chapter)