Hong Kong 1980: The Savage Era

Chapter 144 [Preferring to take risks rather than give in]

Seeing Shen Zhou pretending to think, Luo Qihong asked with a smile, "Does Shen Zhou have the same idea?"

When Shen Xing saw that Luo Qihong, who was so much younger than him, ignored him, he was so angry that he gritted his teeth, but he did not lose his mind and endured it desperately.

There was no way. Luo Qihong's performance was too outstanding. He made a profit of more than 1 million yuan from Hongpu Real Estate Company alone, which was more than the current market value of Best Real Estate Company. Shen Xing was a loser except for his age.

"Mr. Luo, why don't we adopt the previous plan? I will sell 15% of the shares to you, and I will keep the remaining 6%. " Shen Zhou still wanted to make some money with Luo Qihong and others.

Luo Qihong smiled and said, "Originally this was the best plan, which not only took into account Mr. Shen's interests, but also met our interests. However, it is no longer possible now, because Hongpu Real Estate Company does not have many shares in Best Real Estate Company. If we agree to Mr. Shen's plan, it will be no different from the dilemma caused by Mr. Shen's previous split equity sale."

"Even if you get 21% of the shares, it may not exceed Century City's shareholding. There is no difference between 15% and 21%." Shen Xing spoke again, his tone much harder.

Luo Qihong suppressed his smile and said, "This is the only solution. The reason why Mr. Shen can continue the negotiation with us is because our offer is higher than that of Century City Company. If you don't want to accept it, the door is over there. Bye!"

Even though this was in the meeting room of Hongpu Real Estate Company, Luo Qihong was too angry to care about anything else. It was understandable that Shen Zhou and his son wanted to maximize their profits by relying on the 21% stake in their hands, but they had forgotten how they had disgusted the buyers before.

Shen Zhou ignored Luo Qihong, turned to look at Li Yude and Lin Luoqi, and said, "Do Li Sheng and Lin Sheng also mean the same thing?"

Li Yude was very clear-headed. It was obviously not worth offending Luo Qihong for a heavily indebted Best World Real Estate, so he said with a gentlemanly smile, "Mr. Shen, Mr. Luo and I are partners, and of course I support my partner."

Lin Luoqi was a little hesitant, but he also understood the situation clearly, and Shen Zhou was really disgusting. "If Mr. Shen feels it is inappropriate, you can leave."

Luo Qihong sneered, "Mr. Shen, there are many real estate companies in Hong Kong. If the acquisition of Best Real Estate Company cannot be cheap, no one will be willing to acquire a real estate company with a serious debt ratio."

Shen Xing pulled Shen Zhou's clothes with his hand under the table, telling him not to agree to the deal. In his opinion, the other party was just bluffing. If they were not willing to acquire the company, why would they continue the talks?

Shen Zhou was worried that the shares he held could not be sold at a high enough price, and that Century City Company might not be able to get Best Real Estate Company on track. He felt a little uncomfortable that his more than ten years of hard work could not lead to a good future.

"Okay, I'll sell it to you at the price before the acquisition war." Shen Zhou still gave up struggling.

"Then let's go sign the contract now." Lin Luoqi said happily.

Shen Zhou naturally would not refuse, so both parties went to the law firm to sign the contract.

Citibank Finance

Liang Botao personally distributed documents to Luo Qihong, Li Yude and Lin Luoqi before returning to his seat.

"The document sent to the three of you is the acquisition proposal from Best Real Estate Company. Although the current situation has improved, it is still not optimistic. Our biggest rival Century City Company holds 3% of the shares, while we hold 23%, 26.1% more." Liang Botao analyzed, "The gap is small and can be easily made up, so we have to act before Century City Company makes a move."

"Mr. Liang, when do you think is the best time?" Li Yude stared at Liang Botao and asked.

This timing is difficult to grasp. If Century City Company gets there first, the acquisition may fail and Hongpu Real Estate Company will also face losses.

"When the stock price is about to reach 0.8 yuan, it will be an opportunity." Liang Botao answered seriously.

This price is slightly higher than the 0.78 yuan share price before the acquisition war. Apparently, Liang Botao believes that Century City will choose a share price of 0.78 yuan or below. "Timing is difficult to control. If we act too early, it will be disadvantageous to us. If we act too late, our opponent will have an advantage." Luo Qihong thought for a while and said, "Why not talk to Century City? Anyway, the number of our shares will be passed to Century City tomorrow."

"What if the other party makes excessive demands? What if they want us to give up the acquisition?" Lin Luoqi asked excitedly.

Liang Botao said, "Mr. Lin's argument makes sense. I suggest that we first use the power of newsprint and other media to further suppress Century City's stock price. At the same time, we raise a sum of money and immediately start the acquisition after the negotiation with Century City fails."

"What is the bottom line of our negotiations with Century City?" Li Yude raised the core question.

"I think our target is Best Real Estate Company. Its properties and projects are secondary, so I think we can split it in half, but we must take over Best Real Estate Company," said Luo Qihong.

"No, if we split it in half, Best Real Estate Company will be left with an empty shell." Lin Luoqi disagreed. The reason was that Best Real Estate Company would soon be his base, and its strength was too weak, which would hinder his development.

"What Century City values ​​most is the land development capabilities of Best Real Estate. If we set up a new company for this business, with Century City and Best Real Estate each holding 50% of the shares, but giving the management rights to Century City, I think Century City will not disagree with our acquisition," Luo Qihong said. "This is better than splitting it in half."

Li Yude took a deep look at Luo Qihong and felt that Luo Qihong's suggestion was to reduce his interests. Lin Luoqi should have told Luo Qihong about the private distribution plan.

Lin Luoqi thought that once Century City Company took control of the new company, it would be difficult for him to take it back, which would be like sending a sheep into the tiger's mouth.

Therefore, both of them disagreed with the above plan.

Hearing this, Luo Qihong shut up. Neither of them wanted to give in and lose some interests, so they had to take the risk.

The next morning

Some newspapers published information about the operations, assets, liabilities, etc. of Best Real Estate Co., Ltd. The core content was that the market value of Best Real Estate Co., Ltd. was much higher and the high stock price could not be maintained for too long.

Since the share price of Best Real Estate Company had already fallen a lot, such reports made investors even more panicked. Before the stock market closed at noon, its share price plummeted again, by about 10%.

However, the stock price is still some distance away from 0.8 yuan, so Liang Botao is still waiting for an opportunity.

Through the operation of buying low and selling high, Zhaoan Real Estate Company made a profit of more than 2 million yuan, and the funds held in its account exceeded 2 million yuan.

Bai Jinyan has already submitted her resignation letter to Sun Hung Kai Securities. It will take her a week to hand over her current work, but her working hours have become much more flexible.

In the quiet tea room
Luo Qihong poured Bai Jinyan a cup of tea and said with a smile, "De'an Securities Investment Company's documents have been processed, and the company's office space has been rented. When will your people arrive?"

Bai Jinyan thanked him and said, "It will be there within a week! I have already talked to those friends and they will bring some business."

"It's a good thing to bring your own business, but don't bring disputes to the new company," Luo Qihong reminded.

Bai Jinyan responded seriously, "Don't worry, these businesses are clean and have been settled with the original securities companies."

"Well, that's good!" Luo Qihong took a sip of tea and said, "I plan to keep a low profile when opening Dean Securities Investment Company. What do you think?"

(End of this chapter)