People in Hong Kong create super chaebols
Chapter 943: If you don't take advantage of a bargain, you're the king 8
After more than a year of understanding, Su Cheng has come to know that although Jardine Matheson and Huifeng Group are both British-owned companies, the controllers behind the two companies are very different.
Huifeng Group knows that the Chinese financial group will definitely develop and may even replace the British financial group in the future. Therefore, HSBC Group is now taking the route of winning over the Chinese financial group. It is not hostile to the Chinese financial group. For example, Chinese bosses such as Baochuan Wang, Li Jiacheng, and Su Cheng all have good relations with Huifeng.
On the other hand, Jardine Matheson was always in conflict with Chinese-owned enterprises, and considered them to be their biggest competitors. For the glory of the British financial group, they were unwilling to allow Chinese-owned enterprises to infiltrate the board of directors of Jardine Matheson, so they were very hostile to the rising Chinese forces.
But they are a group after all. Although they appear united on the surface, everyone has their own circumstances and naturally have different ideas in their hearts.
This is exactly the case with Mr. Kolis Mitrovic. Although he is also part of the British consortium of Jardine Matheson Group, he is not optimistic about the future of Hong Kong and believes that there are too many uncertainties in Hong Kong's future.
In addition, there was no heir in the family who could take care of the business, so he came up with the idea of selling the Hong Kong property as soon as possible.
But 3.89% of the shares of Jardine Matheson Group is not a small number after all. He wants to sell it through the market, and he is not in Hong Kong, so it is not easy. If he is not careful, he may destroy the shares of Jardine Matheson Group. By then, other shareholders of Jardine Matheson Group will hate him to death.
And those British financial groups had no intention of taking over his stocks.
Therefore, he could only set his sights on Sucheng.
After all, everyone knows that Su Cheng is rich and keen on acquisitions and investments.
At this time, Mr. Kolis Mitrovic was not thinking about British-capitalist unity.
He is already busy taking care of himself and he is not optimistic about the future of Hong Kong. What is the point of uniting?
Being able to evacuate Hong Kong smoothly without causing too much loss is a real skill.
Many British businessmen in Hong Kong have held this idea.
This is also the reason why many British businessmen have been leaving Hong Kong in recent years.
“Mr. Collis Mitrovic, let me tell you frankly that I am not very interested in Jardine Matheson Group’s shares. I have no intention of buying Jardine Matheson Group’s shares. However, if you, Mr. Collis Mitrovic, give me a good price and make me interested, I will be happy to help you cash out.
I guess you are not optimistic about Hong Kong's future. To be honest, I have this worry too. But after all, I am from Hong Kong. Even if Hong Kong's future development deteriorates, it still cannot change the fact that I am from Hong Kong. Most of my major industries are also in Hong Kong. So even if Hong Kong's future prospects are unclear, I will still support Hong Kong's development. "
Su Cheng's long-winded remarks actually revealed one theme, which is that it is not impossible for you to ask me to buy your shares, but the price has to impress me first.
"Mr. Su, based on the current price of the Hong Kong stock market, the Jardine Matheson Group shares I hold are worth around HK$8 million. I will make a concession and sell all my shares to you for HK$7.8 million. What do you think, Mr. Su?" Mr. Kolis Mitrovic thought for a while and tried to make an offer.
“Mr. Kolis Mitrovic, I don’t see how sincere you are. You should be calculating based on yesterday’s closing price, but as far as I know, last week, the share price of Jardine Matheson Group was only about 93% of yesterday’s price.
In the past few days, the shares of Jardine Group have been pulled up by some people, and the trading volume is not high. I suggest that since Mr. Kolis Mitrovic wants to sell at a high price, it is better to sell slowly in the stock market and sell a little when the price is high. Who knows, in three to five years, you can sell all your Jardine Group shares, and the price is not bad! "Su Cheng shook his head and smiled.
Su Cheng's meaning was very clear. He was very dissatisfied with the price offered by Mr. Collis Mitrovic. If it was such an offer, he would not be interested at all. After all, it was Mr. Collis Mitrovic who was asking Su Cheng to buy his shares, not Su Cheng who wanted to ask for Mr. Collis Mitrovic's shares. The nature was completely different.
So, after listening to Su Cheng's words, Mr. Collis Mitrovic was not in a hurry to continue speaking, because he knew that the time for bargaining had come.
What kind of price is appropriate?
If you give too little, he will be reluctant to spend it, and if you give too much, the other party will be unwilling to spend it.
Let’s first look at the other party’s intended price.
Thinking of this, Mr. Collis Mitrovic looked up at Su Cheng and asked, "Then I wonder what price Mr. Su can offer? Although I really want to sell the shares of Jardine Matheson Group to Mr. Su, I won't sell them randomly. If the price is not right, then this deal can only be unfortunately not completed."
Mr. Collis Mitrovic was not sure whether Su Cheng really didn't care much about Jardine Matheson Group's stocks, so he also wanted to try a threat.
In fact, he still hoped to reach an agreement with Su Cheng on this matter today. If so, he would be able to enjoy his old age. With such a sum of money, it would be enough for his family to grow and develop in the UK.
Seeing that Mr. Collis Mitrovic had kicked the ball to him, Su Cheng said calmly: "Mr. Collis Mitrovic, I won't let you lose too much. I offer 7 million Hong Kong dollars, which is the highest price I can offer.
To me, the market value of Jardine Matheson is not worth HK$200 billion, and its future prospects are far worse than those of the Hutchison Whampoa Group and the Su Group that I control.
If Mr. Kolis Mitrovic can agree to this price, then we can make the deal today. If not, I think our deal will end here.
Mr Kolis Mitrovic can look for other buyers and I am sure there will always be someone interested in Jardine Matheson shares.”
However, Su Cheng was not threatened by him because he had seen through the British businessmen's thoughts.
Those British businessmen who want to withdraw from Hong Kong are basically very pessimistic about Hong Kong's future, so they want to withdraw from Hong Kong as soon as possible. However, they find it difficult to find suitable buyers at the moment, so they are often forced to complete the transaction at a huge loss.
Sioux City is gambling that Mr. Collis Mitrovic is planning to sell Jardine Matheson Group shares in a hurry.
If you don't take advantage of a good opportunity, you are a coward.
Su Cheng has always emphasized that he is not very interested in Jardine Group just to make a profit.
If we can take advantage of this bargain, we can save 100 million Hong Kong dollars. How great!
Mr. Kolis Mitrovich listened and fell silent.
He began to struggle with whether he should sell it at this price and take this opportunity to completely get out of Hong Kong, a place of trouble. (End of this chapter)
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