Hong Kong 1980: The Savage Era

Chapter 52 [Negotiations require tug-of-war]

Lin Luoxun was silent for a moment, and then said, "We are in a difficult situation now. If we give up halfway, we will lose at least millions. If we continue, we may be able to take over Jide Real Estate. Even if we can't, we can sell some of the shares at a high price and then wait for the share price of Jide Real Estate to rise. It's just that it will take a little longer."

"It cost a lot of money to restructure Yiren Real Estate last time. If we want to take over Jide Real Estate, it will also cost 1 million. Where can we get so much money?" Lin Luoshi was a little worried.

At first, it was Lin Luoshi who urged Lin Luoxun to join the game. Now that he realizes that the situation is not good, he is the one who wants to retreat. People like him have always been bad teammates.

At this time, the agent Zhang Heqi came in and reported, "We have spent 669.3 million yuan, and the average stock purchase price is 1.2 yuan. According to the investigation, the other party already holds 17% of the shares, which is 3.4% more than ours. The other party's funds come from a newly opened real estate company, Dehe Real Estate Company, and the book funds are only 1200 million yuan. As long as we persist, the other party should not be able to bear it."

These news were leaked intentionally by Luo Qihong. His purpose was naturally to boost Lin Luoxun's confidence. In case this guy quits, Luo Qihong will not suffer any losses, but he does not want to deal with those industrial building properties, which are time-consuming and laborious to adjust.

Hearing this, the heavy stone in Lin Luoxun's heart felt lighter. This was good news. It seemed that Luo Qihong and Lin Luoqi wanted to get a bargain, but they didn't expect that his interference would make the cost so high.

"Mr. Zhang, what's the situation with Xue Zhipeng, the major shareholder of Jide Real Estate Company? Do you have any estimate of the price we will have to pay?" Lin Luoxun asked.

"Xue Zhipeng holds 902 million shares of Jide Real Estate Company, accounting for 22% of the total share capital. The proportion had been reduced before Jide Real Estate Company became a 'penny stock'. Xue Zhipeng should want to withdraw from Jide Real Estate Company. I think it should not be difficult to win him over as long as he is given some benefits." Zhang Heqi analyzed.

"I plan to purchase 5% of the shares from Xue Zhipeng, and then issue new shares to me through the board of directors. In this way, I can increase my shareholding to 34%. What do you think, Mr. Zhang?" Lin Luoxun asked. With the example of Yiren Real Estate Company, he naturally knew that this was a good plan.

Zhang Heqi thought for a moment and said, "This plan is feasible, but the key lies in the opinion of the board of directors. Your shareholding is not high, and you are not familiar with the directors of Jide Real Estate Company, so you don't have much control."

For new shares, the approval of the board of directors is required. Even if Lin Luoxun can acquire Xue Zhipeng's 5% stake, with Xue Zhipeng's support, the voting rights will only be 35.6%, which does not form an overwhelming advantage.

"Don't worry, Mr. Zhang. As long as we can deal with Xue Zhipeng, we can use his influence in Jide Real Estate Company to accomplish this." Lin Luoxun regained his previous confidence. He didn't believe that Xue Zhipeng didn't want to raise the stock price to make a fortune. After all, this man had already lost hope in Jide Real Estate Company.

Zhang Heqi nodded. It was not that he couldn’t think of it, but that his different thinking habits and different positions determined that the difficulty of the same thing was different.

"Since Dalinsheng (Lin Luoxun) is confident, that's great." Zhang Heqi said, "Then do we still need to continue purchasing stocks from the stock market tomorrow?"

Lin Luoxun thought about it and felt that the money that should be spent could not be saved. Luo Qihong would not stop. "Go ahead, but slow down a bit."

"Okay!" said Zhang Heqi.

Yiren Real Estate Company Office

Luo Qihong was talking to Lin Luoqi about today's progress. The two were partners, so of course Lin Luoqi had to be aware of the progress of things, otherwise he would be dissatisfied even if Lin Luoqi didn't tell him.

"Should we compete with them?" Lin Luoqi asked. It seemed that not competing would not work, but competing also seemed to be a bad idea.

"We still have to compete, but we will definitely fail tomorrow because we didn't want to acquire Jide Real Estate Company in the first place. We just wanted to make a profit. So I have asked someone to release the news just now. The stock price may increase tomorrow morning. We will offer as much as we can." Luo Qihong said with a smile.

"We hold such a large amount of shares, it's hard to sell them off without lowering the stock price, right?" Lin Luoqi was a little worried. "It's impossible to sell all the shares we hold at the highest price. I will try to sell half of the shares tomorrow morning. If everything goes well, we can make about 3 million in one morning. I plan to take my time with the remaining 6.8% of the shares." Luo Qihong said with a cunning smile.

Lin Luoqi thought for a moment and said, "Are you trying to drive down the share price of Jide Real Estate Company?"

Luo Qihong shook his head. "I originally had this plan, but now I think it won't work. Once the acquisition is completed, the share price of Jide Real Estate will definitely fall back. It won't be able to maintain the current share price. Blindly lowering the price will only affect our ability to make money."

"Then what do you want to do?" Lin Luoqi asked puzzledly.

Luo Qihong asked with a smile, "If we suddenly sell a large number of stocks when Jide Real Estate Company is restructuring its assets and raising its stock price, what do you think will happen to the stock price?"

No matter how Jide Real Estate Company issues new shares, Dehe Real Estate still has more than 2 million shares in its hands, so there will definitely be some ripples if they are sold.

"." Lin Luoqi suddenly felt that Luo Qihong was a bit vicious. The castle that others had worked so hard to build was kicked to pieces. This feeling was really "very frustrating".

"What if my eldest brother incorporates Jide Real Estate Company into Haofeng Real Estate? You will offend my dad by doing so." Lin Luoqi did not approve of Luo Qihong's approach.

"It's okay if you don't do it! We are just looking for money anyway. But your elder brother has been stopping you from developing. Don't you want to fight back?" Luo Qihong instigated.

Lin Luoqi glanced at Luo Qihong. He didn't want to completely tear the brothers apart. "Forget it. We have already avenged him this time. As long as he doesn't come to cause trouble in the future, I don't want to bother about it."

"Okay! As you said, I don't plan to share the profits this time with Yiren Real Estate Company. What do you think?" Luo Qihong did not sign any agreement with Yiren Real Estate Company regarding the acquisition of the sniper case. As long as Lin Luoqi agreed, they could share the profits equally.

"OK! I had the same idea." Although Lin Luoqi held shares in Yiren Real Estate Company, they were too few, so it would be better to divide the profits equally.

The next morning, Luo Qihong sat in the reception room of the Huodoli Company. It was difficult to sell all of the more than 2 million shares in just two or three hours without driving down the stock price.

Liang Botao is very capable. He raised 323.4 million yuan in funds and sold 157.14 million shares. After deducting all costs, he has made a profit of 58.4 yuan.

"Mr. Luo, Dehe Real Estate Company still holds 405.79 shares of Jide Real Estate Company. I have arranged the selling plan for the afternoon, so we can proceed with the negotiations in the afternoon with peace of mind." Liang Botao added, "I just received news that the opponent seems to have a pleasant conversation with Xue Zhipeng, the major shareholder of Jide Real Estate. Our negotiations in the afternoon are meaningless."

"It's not big, then. The market will open in the afternoon and we still want to sell at a high price. We have to keep our opponents stable." Luo Qihong smiled. He knew the purpose of this trip very well. Even if the 2.5 hours in the afternoon were short, he should be able to sell at least 1 million shares and make a profit of 2 million.

"Mr. Luo, since we are trying to push up the stock price, we can formulate a plan to make Xue Zhipeng hesitate based on our opponent's and Xue Zhipeng's needs. In this way, even if we cannot raise the stock price, we can maintain the current stock price, which is conducive to our shipment." Liang Botao suggested.

"Mr. Liang, your suggestion is very good, but how do we know the opponent's plan? Moreover, there are only more than three hours left until the agreed negotiation time." Luo Qihong said with lack of confidence.

(End of this chapter)