Hong Kong Entertainment 1979: A Beating Up the Manager at the Start

"I want RTV to have the surname Lee!"

After Huang Xizhao and Zhou Jinghui came to their senses, their eyes dimmed again, as if they had thought of something.

Li Jiangbo looked at the two men's gloomy expressions and was somewhat puzzled.

"What's wrong with you?"

Huang Xizhao sighed. "Mr. Li, although you currently own 20% of the company's shares, the maximum shareholding limit for shareholders is 33%. So..."

Li Jiangbo looked at Zhou Jinghui with an inquiring gaze.

Zhou Jinghui added, "Yes! Old Huang is right, there is such a regulation. And the acquiring party also needs government approval. Especially for Chinese-owned companies, acquisitions are even more difficult; the Broadcasting Authority would never agree to a wholly-owned acquisition of RTV by a Chinese company!"

Upon hearing this, Li Jiangbo looked at the two people sighing and groaning, and immediately burst into laughter.

"Who said I'm Chinese-owned? I'm a legitimate Australian conglomerate!!"

Zhou Jinghui turned around abruptly and clapped his hands excitedly.

"That's right! The Friendly Trading Company is a conglomerate from the Kangaroo Kingdom."

He and Huang Xizhao exchanged a glance, and suddenly the blood in their bodies began to burn again.

Li Jiangbo tapped the coffee table. "Alright, enough with the sentimentality. Let's talk about the company's current situation."

Huang Xizhao and Zhou Jinghui were at a loss for words. Finally, after a moment of contemplation, Huang Xizhao spoke:

"Currently, Lih's total liabilities are approximately 200 million, but the exact figure will only be known after reviewing the documents."

"There are three debtors: Standard Chartered Bank, HSBC, and the parent company. The debt is 120 million to Standard Chartered, 30 million to HSBC, and 110 million to the parent company."

Li Jiangbo was shocked. What was going on? He could understand owing money to two banks, but he couldn't understand owing money to the parent company.

The three major conglomerates in Australia have all bought the shares, paying a total of about 120 million. They have also invested another 60 million later. So why do they still owe the parent company?

Huang Xizhao continued, "As for the parent company, after the three major conglomerates have recently cut operating costs to the extreme, they have already repaid about 50 million. In addition to the profits from before, they have basically paid off the loan interest, so now they only have about one million in the books."

Hearing this, Li Jiangbo was completely baffled. How was this calculated? That's an investment of 60 million! And ATV hasn't started any new TV dramas lately, has it?

Having thought this through, Li Jiangbo didn't bother to think about it anymore and asked directly, "So, the company still has 200 million in debt? What's the valuation?"

"3 million is the limit, and it may even be lower."

Huang Xizhao pondered for a moment and said, "Because of the three major conglomerates' reckless interference, the banks have already put pressure on them, and they have pinned all their hopes on the TV series 'Chen Zhen'."

Chung King-fai added, "These are all problems that can be solved, but right now there's a lot of anxiety at ATV. Old Wong and I have already submitted our resignations. I can't say that most people will follow suit, but some will definitely resign."

Li Jiangbo then remembered that it was because of the resignations of these two people that his subordinates, including Mai Dangxiong, Xiao Ruoyuan, and Huang Tailai, resigned en masse.

Money can be earned again, but once talent is gone, it's truly gone.

Thinking of this, Li Jiangbo immediately said, "General Manager Huang and Manager Zhong, do you two have any good ideas?"

The two looked at each other. Finally, Huang Xizhao spoke:

"Our resignations are now unavoidable, but I can contact my subordinates and try to persuade them not to resign."

Li Jiangbo pondered for a moment, feeling that his memory was faulty. According to Huang Xizhao, RTV was now a huge financial mess, and anyone who bought it would have to spend a fortune to revive the television station.

But why did Chiu Tai-heng get involved? And you should know that he spent 100 million to buy 50% of the shares, and then bought the remaining shares in 1984.

This is clearly illogical! And the water here is so deep, he can't even see through it. But luckily, he has a cheat code.

With that in mind, he immediately decided to simulate the scenario after the two left.

Li Jiangbo nodded. "Okay! General Manager Huang, go and contact them. But don't tell them not to stay; make them all leave. Then, ask around and see who wants to come to our Time Pictures. We'll welcome them warmly."

He paused for a moment, then added, "I will be able to take full control of RTV by next year at the latest. It won't be too late for you to come back then."

Huang Xizhao and Zhong Jinghui both stood up. "Mr. Li, we'll get on it right away."

After seeing the two off, Li Jiangbo lay on the bed, his mind a complete mess.

Two hundred million in debt, valued at three hundred million, invested sixty million, and paid off all the interest? Is this how the elites of Australia run a TV station?

This needs to be simulated, otherwise he won't feel confident.

Li Jiangbo brought up the system panel, ready to simulate it.

However, when the panel appeared, he was stunned.

[Li Jiangbo. 30143 popularity points, his fame has soared.]

Is "Taken" really that powerful? It actually brought him so much popularity.

It's worth noting that despite the high box office of "A Better Tomorrow," it didn't even bring him over 10,000 popularity points.

Although "Taken" also had a high box office, it was only a few million more than "A Better Tomorrow".

There must be other reasons, but Li Jiangbo was too lazy to think about them.

Let's get ready to use advanced simulation to give it a go.

To his surprise, the scrolling text at the very top of the screen stunned him.

[Since the host's popularity value has reached 30,000, the simulator can be upgraded to the ultimate simulation mode. Upgrade cost: 30,000 popularity points.]

[Ultimate Simulation: Capable of precise simulation, predicting future trends on a daily basis, with a simulation duration of one week and an accuracy rate of 95%.]

Li Jiangbo stared at the scrolling words on the screen and was overjoyed.

According to the above statement, if it could be projected daily, it would be a stock trading magic weapon!

Moreover, it can simulate accurately, so wouldn't it be possible to select the direction for simulation?

After the initial euphoria, only worry remained.

Previously, upgrading to advanced simulation took a week. How long will it take to upgrade to ultimate simulation? It will definitely take more than a week!

It's late May now, and if he remembers correctly, Hong Kong's stock price started falling in mid-July.

If he wants to buy at the bottom, the best time will be next year. Because he clearly remembers that it was the Iron Lady's plunge that brought the Hong Kong stock market to its lowest point.

He can accept an upgrade time of one or two months, but what if it takes six months? Or a year?

This will have a huge impact. Not to mention the impact on the acquisition of RTV, it will definitely affect one's judgment on buying stocks at the bottom.

Moreover, upgrading consumes 30,000 popularity points, and after upgrading, you only have about 100 popularity points left.

What can you do with that little bit of popularity? Just enough to run one advanced simulation.

What if we don't upgrade?

While advanced simulations are sufficient, they can only show a general trend and cannot pinpoint specific dates.

Li Jiangbo also wanted to use the ultimate simulation to thoroughly analyze how to acquire RTV and Shaw Brothers cinemas.

At this moment, he hesitated.

After thinking for a long time, Li Jiangbo gritted his teeth and decided to take a gamble. He bet that the upgrade time wouldn't be too long!

Li Jiangbo pressed the upgrade button with trembling hands, and a string of words appeared on the screen.

[Confirmed to have consumed 30,000 popularity points to upgrade the simulator to the ultimate simulator?]

【confirm!】