Chapter 130 [Increased foreign exchange investment](2/2)
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On the first working day after New Year's Day, Lin Zuhui came to Wanhui Media in Causeway Bay.
He prefers to adopt the management model of the three giants. Of course, this is only suitable when the company is small and the business is single. The three giants of Wanhui Media are: Long Jingchang, the general manager and director, and Zhao Han, the director in charge of finance.
, Chief Editor and Director Liang Guanhui.
Lin Zuhui directly issued an order: "Director Zhao, prepare the company's property information. I want to apply for a loan from the bank immediately!"
Zhao Han nodded and said: "Bring it to the boss later, I have already sorted it out!"
Wanhui Media has no debt relationship, and also has high-quality rental properties worth more than 60 million yuan, which is just suitable for mortgage loans to obtain the first development funds.
"The Romance of Fairy Wood"
As for raising funds through rights issues, Lin Zuhui has no plans yet; firstly, the company has just been listed, and secondly, the market value is only a little over 400 million (rights issues are not cost-effective).
Long Jingchang asked: "The boss wants to buy magazines or newspapers?"
He knew that Lin Zuhui was not a traditional business owner and liked to use capital operations to grow the company, so he asked this question.
Lin Zuhui shook his head and said: "I plan to speculate in foreign exchange with this fund. I am optimistic about an investment recently, which will make Wanhui Media rich!"
Lin Zuhui thought that before 2005, there was nothing to speculate in gold, and the price basically fluctuated around 300 to 400; while oil futures had to wait until before the Gulf War (1990) before there was a chance that the trend would be irreversible.
I can only seize the opportunity of this wave of appreciation of the yen, make more money, and develop the company.
As for why he doesn't mortgage more stocks, in fact, he has got rid of gambler-style investment. Even if there is any situation, he has left a way out for himself.
For example, the 100 million he invested some time ago, and the mortgaged stocks accounted for less than one-third of the stocks he held. Even if something happened, it would not be fatal.
The same is true for the investments of New Era Real Estate and Wanhui Media; in the unlikely event, the impact will definitely be there, but it will not be fatal!
Long Jingchang and the others were a little surprised. They knew that Lin Zuhui had helped New Era Real Estate short the US dollar/yen and made a lot of money; but Wanhui Publishing House had just gone public, and if something went wrong, the impact would definitely be huge.
And if the loan is calculated as 50 million, it is equivalent to Wanhui Media’s profit for more than a year!
However, they never said it out loud. The boss had absolute shares in the company and was also the spiritual optimus of the company. Everyone still chose to trust him.
Chapter completed!