Reborn Xiangjiang as a Tycoon

Chapter 713 Everything (Part 1) (two in one)

Walking into the villa, Lin Baicheng saw two cousins.

"Cheng'an, Chenglin, where is your uncle?"

Lin Baicheng looked around, but didn't see Father Lin.

Zhao Chengan said: "Uncle, he went fishing with his friends."

"Did you go fishing?"

Lin Baicheng nodded. It was normal for his father to have some leisure hobbies.

Lin Baicheng took Chen Huixiang and Qin Lan to the study room upstairs.

"Report to me all the recent big and small things. Take your time one by one, don't be in a hurry."

Lin Baicheng told Qin Lan that although some things were told to him through his sister Lin Shufang, the contact was inconvenient, so many things were not said, and what was said was not too detailed.

"Yes, Mr. Lin."

Qin Lan was quite prepared for this and kept everything he was going to report in his mind.

"Mr. Lin, let me start with the matter of being sanctioned and blocked by the Bay Island authorities."

"The products of Asia Star Media Group, Galaxy Games and Xingyue Electronic Games Company have all been banned on the Bay Island. Among them, the return of products of Galaxy Games Company and Xingyue Electronic Games Company is currently in progress.

, the two companies give customers one month to return the product, and provide different levels of discounts based on the length of time the product was purchased and the degree of damage to the product."

"As for Asia Star Media Group, film and television dramas are different from other products. Unless they are products that were removed from the shelves two months ago, they will not be returned."

Lin Baicheng couldn't help but nodded slightly when he heard this. Movies and TV series are indeed different from physical products such as arcade machines and consoles, and they cannot be generalized. Since the Secretariat and the three companies all think that this is a better way to deal with it, of course he will not object.

Leave professional matters to professional people. Lin Baicheng does not think that he can do everything better by himself, so under normal circumstances he will respect the decisions of the management of each company.

"I remember that Xingyue Electronic Game Company also has a physical store in Wanbei, right? How are the branches and physical stores arranged?"

"The branch of Asia Star Media Group in Baybei is already in the process of being dismantled. The company will make arrangements for employees who are willing to come to Xiangjiang to continue working for the company, and those who are not willing will be given half a year's salary as severance compensation."

"The Xingyue Electronic Game Company's physical stores are treated in the same way. For employees who are interested in the company, even if they are ordinary employees at the bottom, the company will not treat them badly."

"I have no objection to this arrangement."

Lin Baicheng was very satisfied with this. Although it cost an extra sum of money to compensate those who resigned, let alone now, most companies will not achieve this level in a few decades, but it is just a waste of money.

Money buys a good reputation, but it doesn't cost much in the end anyway.

"Over at Bay Island, are there any other actions later?"

"there is none left."

Qin Lan shook her head when she heard this.

"It's okay if it doesn't happen. Let's give up the market on the Bay Island for the time being and try again in a few years to see if this situation can be changed."

Lin Baicheng thought for a while and said, no regime will change its order overnight, so if the island wants to change its decision in a short time, even if it can be done, it will have to pay a huge price, so there is no need to test it after a few years.

Late.

"Okay, Mr. Lin."

Qin Lan nodded in agreement, and then continued talking.

"The three companies mentioned just now, apart from losing the Bay Island market, the ban on sales in Bay Island has not affected other places, and the three companies are also operating normally."

"The most important thing that happened among the three companies is that because the stock ban of Galaxy Games is about to expire, Wall Street specially sent people to the Xiangjiang headquarters to discuss with the management about cooperating with Wall Street to reduce their holdings and cash out.

"

Lin Baicheng heard this and said: "This is what we agreed on at the beginning, let's do our best to cooperate."

Qin Lan said: "Vice President Charlie Yuan knows what to do and does a good job connecting with Wall Street."

"Does Wall Street have any plans?"

Lin Baicheng asked curiously.

Qin Lan nodded: "Wall Street has announced a general plan. Wall Street institutions including Goldman Sachs will raise their evaluation of the company and increase the target price of the company's stock price. This is already being implemented. In this process, the company needs to

In conjunction with the release of good announcements, investors will be attracted to buy the company's stocks, and Wall Street institutions will reduce their holdings of stocks in the process."

"It seems to be pretty much what I thought."

Although the tricks are not new, Lin Baicheng knows that these tricks are still very useful. Without the credibility of institutions such as Goldman Sachs, there is no way to attract a large number of investors to buy Galaxy Games stock, so this kind of trick is not something that can be used immediately.

It requires the cooperation of large institutions such as Goldman Sachs.

"What is the stock price of Galaxy Games now? What is the target price raised by Wall Street?"

"Yesterday was Friday. As of the end of this week, Galaxy Games' closing price was US$56.33, with a market value of more than US$11 billion. The company's stock price has been in a volatile upward trend since ten trading days ago, and the cumulative increase in two weeks has exceeded

10%, it seems that the current trend will continue to rise.”

"As for Wall Street institutions' expectations for the company's stock price, they have been raised from about $60 to about $75. However, each institution's expected target price is different. Some are above $75, and some are above $75. The highest one is from one institution.

The price target is $82."

"A number of institutions on Wall Street have a tacit understanding. I think they will definitely let the company's stock price fluctuate above $70 for a period of time so that they can smoothly reduce their holdings and cash out."

"These are cut from leeks."

After hearing this, Lin Baicheng couldn't help but shook his head with emotion. He was indeed a vampire on Wall Street. They were all so dark.

Lin Baicheng clearly remembers that before Galaxy Games went public, that is, in May last year, he sold 17.5% of his shares in Galaxy Games to a group of Wall Street institutions for US$432.25 million.

Although the shares held by Wall Street institutions will be diluted when the company goes public, even after dilution, the cost price of the shares held by Wall Street institutions is still lower than the company's issue price of US$16.

To do a simple and rough calculation, the cost price of the shares held by Wall Street institutions is calculated as US$16, and the average selling price is calculated as US$64. The increase is 300%, which is three times the profit.

The original investment from Wall Street institutions was US$432.25 million, and the tripled profit was nearly US$1.3 billion.

This does not include the fact that when Galaxy Games went public, Wall Street institutions such as Goldman Sachs obtained a lot of Galaxy Games shares through placements, and there must be at least a few hundred million dollars in profits.

By some estimates, if Wall Street institutions could sell Starship Games' shares at a price of around US$60 to 70, their profits would be at least US$16.7 billion.

The important thing is that the investment time is only about one year, and the time span is not very long.

Although several Wall Street institutions have a profit of more than one billion US dollars, Goldman Sachs, the one with the deepest involvement, must have the most profit.

These are only the profits of Wall Street institutions holding Galaxy Games shares for one year. Lin Baicheng can guarantee that after Wall Street institutions complete the stock reduction, they will definitely choose to raise the stock price of Galaxy Games for a final wave, and then carry out the process in the process.

Go short.

After the stock price of Galaxy Games falls, the participating Wall Street institutions will make another profit.

As long as Goldman Sachs and other Wall Street institutions work with Lin Baicheng and prevent Lin Baicheng from taking the initiative to increase his stake in Galaxy Games, or even cooperate in issuing negative announcements, Goldman Sachs and other institutions will definitely make money, and there is basically no possibility of losing money.

And if Goldman Sachs and other institutions come to visit, Lin Baicheng will not refuse as long as there are enough benefits. First, he wants to establish a good relationship with Goldman Sachs and other Wall Street institutions and become 'friends'; second, what Wall Street institutions are harvesting is the United States.

The leek on the side has nothing to do with him at all. There is no need for him to support those retail investors and institutions such as Goldman Sachs.

However, the huge profits made by Wall Street institutions such as Goldman Sachs are not without benefits for Lin Baicheng.

The most obvious benefit is that it will be easier for other companies under Lin Baicheng's name to raise funds and go public in the future. Based on the success of Galaxy Games, as long as Lin Baicheng's cooperation with Wall Street institutions does not cause them to lose money, they will definitely be happy to cooperate with Lin Baicheng

cooperate.

Cooperating with successful people is a truth that is common throughout the world.

"What about Hutchison? Let's not talk about the stock price. Are there any problems with the company's management?"

"The subsidiaries of the group have been disadvantaged by British capital, but it is not a big problem and has been solved. In terms of operations, it is currently very stable and overseas expansion is also in progress." Qin Lan replied.

"It's fine if there's no problem."

Lin Baicheng nodded and said: "I won't go to the British side. When the time comes, I will ask Vice President Lin to go there in my place. You, the Director of the Secretariat, will also go with me, together with representatives of Wei Li, Hutchison Whampoa and Rouse

Les signed the relevant transfer agreement for Bentley cars."

"In addition to Bentley Motors, several other companies and factories have also been acquired. This was promised to the Prime Minister's Office. It is best not to delay."

Weili and Rolls-Royce have already negotiated the transfer price of the Bentley car, and now the only thing left to do is to execute the transaction. Originally, Lin Baicheng was planning to go to London, but the ban on Bay Island and the ambiguous attitude of the Hong Kong government made him decide to settle down.

Yishou, instead of going to London in person, asked his sister Lin Shufang to go to London for trading on his behalf.

Although Lin Baicheng personally believes that the possibility of the British side restricting his freedom after he passes is very small, but very small, he still believes that there is a slight possibility, so he does not want to take risks. After all, his current achievements have made him

There is absolutely no need to take risks.

Chen Huixiang said aloud: "Mr. Lin, in addition to Bentley Motors, there are several companies in England that you are about to acquire. Hong Kong and England are far apart. Do you think it is necessary to set up a secretariat in England to assist you?

Manage these businesses?”

"The Secretariat will naturally be established."

Lin Baicheng nodded and said: "At that time, we will select a few people from Hong Kong and the United States, and then recruit people from London to jointly set up the secretariat." Since he will not go to London, it will be very difficult to set up the secretariat there.

It's necessary.

"Let Hutchison raise the standard of its branch in England to a higher level. With the presence of Bentley Motors, the market in England will be very important to Hutchison."

Lin Baicheng mentioned it.

"I see."

Qin Lan wrote this down in his notebook.

"Tell me the details of the acquisition of Bentley Motors, including the financial aspect." Lin Baicheng only knows the final purchase price at the moment.

"The final purchase price of Hutchison Whampoa's acquisition of Bentley Motors was US$410 million, which was 164 million pounds. Bentley Motors had an additional debt of 120 million pounds, which was a debt of US$300 million."

"President Weili negotiated with the Bentley family. After completing the acquisition of Bentley Motors, the two companies jointly invested US$140 million in Bentley Motors, which will be used for Bentley Motors' new factory expansion, technology research and development, establishment of core parts department, etc.

.”

"Excluding liabilities for the time being, the expenditure on Bentley Motors is US$550 million, of which the company holds 85% of the shares, and the total expenditure required is US$467.5 million. Of the 15% of funds that the Bentley family needs to pay, 5% of the funds need to be guaranteed by the company on their behalf.

Bank loan.”

"President Weili said that with this acquisition, Bentley Motors did not obtain the most advanced automobile engines and the latest technology of some core accessories. Second-tier technology companies did, and the patents were also permanently authorized.

However, the authorization fee must be paid normally.”

"In other words, Bentley can build its own cars even without relying on Rolls-Royce, but the cars it builds can only be considered second-rate, much worse than before. So in the past few years, Bentley still had to rely on Rolls-Royce.

Rolls-Royce, a lot of the company's profits will be taken away by Rolls-Royce until the company's technology catches up with the world's first-class level."

"Also, Bentley Motors will not be able to respond to Hutchison Whampoa for a long time. The company's annual profits will be used first to repay debts. If the debts are not repaid slowly, Bentley Motors will not even think about developing."

"In fact, if Bentley Motors had not developed at the beginning, Hutchison Whampoa would probably have to continue to provide blood transfusions for Bentley Motors. After all, the development of the company is not always smooth sailing."

To put it bluntly, Bentley will become a burden to Hutchison Whampoa for a long time, rather than another pillar industry.

After hearing this, Lin Baicheng said: "Please remember, let Wei Li talk to the Bentley family to see if the Bentley family can come up with another sum of money. The two families will pay off the debt of Bentley Motors first. If it is not possible, pay off part of it first."

That’s okay too.”

"A debt of US$300 million is too much pressure on Bentley today."

Basically, it can be said that Bentley's annual profits are enough to repay its debts, and there will not be much left after paying off the debts.

"I see."

Qin Lan responded, and then said: "Mr. Lin, judging from the financial situation of the Bentley family, even if the Bentley family agrees to repay part of the debt for Bentley cars first, the Bentley family will not be able to come up with that much money. We need to guarantee the Bentley family.

Loan, but we have already guaranteed a loan of more than 20 million US dollars for the Bentley family."

Lin Baicheng immediately said: "Let the Bentley family pledge their shares in Bentley Motors. Since we have shares in the car company, we are not afraid that the Bentley family will not repay the money."

Qin Lan nodded and took note, then started talking about other companies.

(End of chapter)