Reborn Xiangjiang as a Tycoon

Chapter 179 Wait and see

Friday night.

Peninsula Hotel, in the luxurious suite where Iwasaki Mineryu stayed.

After Lin Baicheng and Iwasaki Mineryu had dinner together, they counted their respective buying quantities and how to operate better in the future.

Mineryu Iwasaki said: "In terms of options, we received an order of HK$220 million with an exercise price of HK$6. Most of the remaining orders were released after the stock price plummeted, but there was no 220 million in excess.

There are so many Hong Kong dollars, only 140 million Hong Kong dollars, and the average exercise price is 4.2 Hong Kong dollars. In other words, in terms of options, we have received a total of 360 million Hong Kong dollars in orders."

"In terms of stocks, I bought them earlier, but in general I bought more as they fell. Now I have bought a total of 48 million shares at a cost price of HK$4.1. I spent a total of nearly HK$200 million, accounting for 12% of the company's total share capital.

, it can be said to be quite a few.”

"It's indeed quite a lot."

Lin Baicheng nodded in agreement, and then said: "The funds for Hutchison Whampoa's repurchase were purchased later, so the number of shares purchased was not as much as yours, but the same cost price will be relatively lower. Not long after the stock market closed, I got

According to the report, Hutchison Whampoa repurchased a total of 23 million shares at a cost price of HK$3.56 and spent a total of nearly HK$82 million. Now there are only about HK$18 million left to repurchase."

In fact, what Lin Baicheng didn't say is that he asked Cheng Yufeng to allocate 100 million Hong Kong dollars from various companies. Almost all purchases were completed today. A total of 26.5 million shares were purchased at a cost price of 3.54 Hong Kong dollars and nearly 94 million were spent.

Hong Kong dollars, there are only more than 6 million Hong Kong dollars left to buy.

Iwasaki Mineryu said: "The buyback of Hutchison Whampoa is almost completed, it is less than 20 million Hong Kong dollars. With the current trading volume of Hutchison Whampoa, it will not take long to buy it all."

Nodding, Lin Baicheng said: "Iwasaki-kun, although the 840 million Hong Kong dollars you brought cost less than 600 million Hong Kong dollars, I think it's almost enough. We will buy some more on Monday and announce the truth about the investment on Monday night.

The funds are just used to push up the stock price, lest the short side continues to suppress the stock price."

"Just do what you say, Mr. Lin."

Iwasaki Mineryu nodded and did not object. He smiled and said: "I believe that the short side will not be so stupid. If they suppress the stock price when there is a big profit, they are completely struggling with their own money. As long as they have

If you are rational enough, you should admit defeat and hedge to reduce your losses."

"Iwasaki-kun is right."

Lin Baicheng nodded in agreement. Under normal circumstances, this is indeed the case. If you admit defeat, you will be beaten. If you refuse to admit defeat, you will only lose more.

Iwasaki Mineryu asked aloud: "Mr. Lin, how high do you think it is appropriate for us to raise the stock price?"

Lin Baicheng gave a number: "At least 15 Hong Kong dollars, what do you think, Iwasaki-kun?"

"Lin Jun, you are too conservative."

Iwasaki Mineryu couldn't help but shake his head after hearing this. He said: "After I came here, I asked someone to investigate Hutchison Whampoa's operating conditions in the past few years. I won't talk about the previous reorganization. Let's just talk about the company's profit last year.

It's a little more than 100 million Hong Kong dollars. The company's operating profit this year will definitely be more than last year, at least not bad. In addition, the profit here is at least 500 million Hong Kong dollars, which is enough for the company to make three or four years. With all the hype, the stock price can't go up.

It rose two or three times from the base before the crash."

Lin Baicheng listened and said: "Of course it's good if it can rise that much. I said 15 Hong Kong dollars is a guarantee. It's best to support it at this price. If it doesn't work, we have to support it at 12 Hong Kong dollars. Our profit cannot be too low."

"Lin Jun, I think the price you mentioned is not a problem at all."

Although Iwasaki Mineryu is not a professional, he has professionals who have analyzed it for him, so he said: "Now the stock price has plummeted due to wrong negative news. After the truth is announced, how hard it falls now will rebound later.

The retaliatory market price will be as high as possible. Let alone 15 Hong Kong dollars, I think 20 Hong Kong dollars or even higher is possible."

"Iwasaki-kun, don't forget this."

Lin Baicheng couldn't help but shake his head after hearing this: "Hutchison Whampoa's total share capital is 400 million shares. If the stock price rises above 20 Hong Kong dollars, the market value will be equivalent to sprinting towards 10 billion Hong Kong dollars. You know, before the negative news appears,

The total market value of Hutchison Whampoa is just over HK$2.6 billion. The higher it goes up, the greater the pressure. A price that can reach as high as HK$20 is pretty good, and we want to go even higher."

"Lin Jun, let us wait and see."

Iwasaki Mineryu smiled. After all, he worked at Mitsubishi Bank and was also in finance. He knew very well the mentality of people who speculate in stocks. When many people saw the sharp rise in Hutchison Whampoa's stock price, they might initially

Hesitation, but as the stock price continues to rise, reason will gradually disappear, emotion will become dominant, and then the stock price will continue to rise driven by emotion.

Of course, once this kind of stock price trend crashes, no matter how crazy the rise is, the subsequent fall will be just as crazy. It may even take a long time to digest the previous roller coaster market, because too many people's funds are trapped at a high level.

Can't get out.

For stocks with this kind of trend, if the company's performance is not very good, or there is no big profit, then a lot of funds will be trapped and unable to escape. Every time the stock price reaches near the previous high, it will encounter great pressure, and then be

Suppress it and repeat.

Iwasaki Mineryu doesn't care how Hutchison Whampoa's stock will perform in the next six months, a year or even longer. He only needs the stock to rise sharply in the short term of one month, so that he will have enough

Profit.

"Okay, let's wait and see!"

Lin Baicheng smiled and nodded. The higher the stock price rises, the greater the benefit to him will be. Although he will not reduce his holdings in Hutchison Whampoa, first of all, the higher the stock price rises, the more he will make this time. Secondly, the stock price

The higher the level, the easier it is for Hutchison Whampoa to raise funds, and there are many benefits.

After leaving the Peninsula Hotel, Lin Baicheng returned to his villa in Repulse Bay.

After returning home, Lin Baicheng called Shen Porridge and talked with Shen Porridge about working together to increase the stock price.

After consultation, Shen Zhou agreed that everyone would work together to raise the stock price to above 15 Hong Kong dollars. In this way, if the stock price is lower than 15 Hong Kong dollars, everyone will have a tacit understanding not to ship in large quantities. If the stock price is higher than 15 Hong Kong dollars, everyone will ship if they want to.

Decide that only by cooperating with each other can you earn greater profits.

Otherwise, if there is no certain tacit understanding and everyone does their own thing, then they all run together after the stock price rises to a certain level, it will inevitably cause the stock price to fall immediately, which is not good for everyone.

Everyone agrees not to sell in large quantities at a certain price, so that the upward trend will not collapse and they can sell stocks based on their own judgment and earn more profits.

(Thanks to ‘I am Jin Ershun’ for the huge 1500 point reward support!)

(End of chapter)