Chapter 144~145 [Oriental Media Tycoon](1/2)
Tuesday, February 25th.
New Era Real Estate announced its annual report: Last year (1985), New Era Real Estate's total profit was 185 million, of which 150 million was non-recurring profit (securities, foreign exchange, pre-construction properties).
At the same time, New Era Real Estate announced a dividend plan: a dividend of 0.06 yuan per share (total share capital of 505 million), and 1 bonus share for every 5 shares.
Everyone is happy.
You know, New Era Real Estate a year ago was only worth 0.28 yuan per share;
One year later, the stock price has increased tenfold, reaching 3.15 yuan per share.
This is despite the total share capital increasing by 300 million shares. If calculated in terms of market value, New Era Real Estate has increased 32 times in one year.
After the annual report and dividends were announced, New Era Real Estate's stock price rose again, and it soon became the 20th largest real estate company in Hong Kong.
For a time, Lin Zuhui was in the limelight like no other.
In the conference room of New Era Real Estate, Lin Zuhui was holding a high-level meeting, listening to everyone's reports in detail.
This year’s strategy is to increase development of real estate (properties mainly for sale), reserve land and old real estate, and reduce rent-collecting properties (selectively sell properties with low rent-collecting efficiency).
All aspects are developing in the direction expected by Lin Zuhui. Lin Zuhui is also very impressed by his own methods and chooses different strategies at different times.
The reason for choosing rent-collecting properties at the beginning is that New Era Real Estate needs asset value to support the rise in stock prices. For example, if you purchase a batch of rent-collecting properties, although the profit from rent collection is much lower than the profit from developing real estate, the property
If the company itself is appreciating, as long as the company revalues its assets, the stock price will naturally rise.
Now, in the new era, real estate is no longer so necessary - regular revaluation of assets. Instead, it is necessary to strengthen the strength of real estate development and be in line with Xindi, Hengdi and CK.
Reserve land is a long-term solution. Many real estate developers in Hong Kong did not pay attention to land reserve. By the 1990s, land prices soared and they no longer had the strength to develop real estate.
After listening to everyone's report, Lin Zuhui asked: "Do you have any urgently needed funds in the company's accounts recently?"
In February, rent-collecting properties with poor profitability were sold, with a total of 230 million yuan of funds recovered and a profit of 50 million yuan (sale price minus purchase price). Most of these properties were purchased less than a year ago, and a profit of 30% is already very high.
Not bad.
In January and February, two properties were sold and more than 80 million yuan was recovered. The seven properties developed by New Era Real Estate last year (1985) were valued at more than 600 million according to the current valuation.
Therefore, in two months, New Era Real Estate recovered 310 million in funds, but also repaid a loan of 150 million (current liabilities are 600 million, and asset value is 2 billion).
The company’s current assets on its books are 160 million! Its foreign exchange investment account is 165 million.
"There are no urgent expenses for the time being, and several banks have asked us if we need a loan!" Liang Zhenxun said.
Lin Zuhui nodded. When the company develops and the real estate situation improves, banks will chase you for loans. If the real estate situation plummets, banks will not care about the life and death of your company and will directly press for debt. This is how many real estate companies are finished; because you buy at a high price.
If the bank asks you to sell your property at a low price, you will definitely suffer a lot of losses.
"Okay, keep this money in your account and don't touch it yet! As for the issue of bank loans, I will negotiate with various banks. We will try to get another loan of 200 million, and all the proceeds will be used to acquire land and old buildings.
I remember there was an auction of official land in early March, and we could use part of the funds to auction the official land."
"Okay, I'll send people from the marketing department out to search for land and old properties."
Lin Zuhui nodded. Liang Zhenxun had become more and more proficient in cooperating with him. Without getting a loan, he began to search for land and old properties, thus reducing time consumption and maximizing money savings.
The loan of 200 million this time was all used for land and old buildings, and the 160 million on the account was Lin Zuhui's plan to acquire Huazhi.
The funds are definitely not enough, but Lin Zuhui can choose to close the foreign exchange position or get a bank loan;
There is another possibility that Lin Zuhui will persuade Zheng Yutong to invest in New Era Real Estate.
The money invested is not necessary, but it is equivalent to the two forming an 'ally', and Lin Zuhui is equivalent to finding a new backer.
The two have been playing golf occasionally recently, and their relationship is quite good. They are in need of a cooperation to increase their relationship.
Lin Zuhui is the kind of person who is good at seizing opportunities, Wang Qilin, Jin Daxia, and Zheng Yutong.
Wang Qilin helped him the most, not only in terms of money, but also in terms of influence; he was one of the vice-presidents of the Chaozhou Chamber of Commerce. With decades of real estate career, he was influential both black and white.
But now that Lin Zuhui has developed to this point, Wang Qilin's help to him is limited, so he continues to find new backers. Of course, this does not mean that Lin Zuhui abandoned Wang Qilin. The relationship between the two is now that of a son-in-law.
.......
The term "Gossip Weekly" comes from Hong Kong, because in the 1970s, some Hong Kong magazines posted a "Gossip" picture (equivalent to a mosaic) at the "three o'clock" position when publishing nude photos. Over time, people
This kind of entertainment magazine is called "gossip magazine".
The real gossip weekly in Hong Kong is "Ming Pao Weekly", and the editor-in-chief has always been Lei Weipo. Who is Lei Weipo? He is the founder of Hong Kong gossip news. He is a maverick and never takes the intellectual route.
It hired a large number of female reporters and editors to do entertainment news.
What really made "Ming Pao Weekly" popular was "Miss Hong Kong Ho Sau Man's Love Letter" planned by Lei Weipo. At that time, people in Hong Kong were curious and snatched up tens of thousands of copies of "Ming Pao Weekly"; then Lei Weipo
Weipo planned the "Bruce Lee Album" (Bruce Lee had just died) and made "Ming Pao Weekly" the "Luoyang Paper".
In the office of Wanhui Media, Lin Zuhui held a copy of "Fresh Weekly" previously published and read it with gusto.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! "Handwritten by Weng Jingjing: Cute Animal Liu Jialiang" (vomiting)
"Cheng Long kissed 200 times in one night and his mouth cramped" (Fang Shilong)
The cover is a sexy crawling photo of Weng Jingjing, with two big waves facing the reader.
Before "Next Weekly" was born (in 1990), Hong Kong's gossip magazines were called the "Little Fresh Era"; as for the later emergence of Li Gou and the establishment of the paparazzi-based West Point Military Academy, they literally rewrote the Hong Kong gossip magazines.
history.
There are new words like "cosmic diapers blowing up the earth" (Deng Ziqi), "Lingbo Spare Ribs" (Yang Ying)...
Liang Guanhui came to Lin Zuhui's office and reported: "Boss, I contacted the boss of "Fresh Weekly" and he directly shouted out the sky-high price of 28 million, but I didn't answer him. It seems that he really regarded us as a traitor.
Well, they only made a profit of 4 to 5 million a year, yet they dared to ask for 28 million. It’s really a big deal!”
Lin Zuhui said with a smile: "After the news building incident, don't everyone regard us as heroes? "Fresh Weekly" has a maximum of 25 million, you can talk about this slowly, I am not in a hurry. I will give you another method,
You quietly spread the news that our company will spend huge sums of money to launch a gossip magazine. By then, the boss of "Fresh Weekly" may not dare to let the magazine rot in his hands."
Wanhui Media is now a big player in the industry, and its "Tiantian Daily" has made huge waves in the newspaper industry. Everyone is in danger, so its influence is natural.
The boss of "Fresh Weekly" may not really dare to force Wanhui Media to spend huge sums of money to launch a gossip weekly. By then, his third position may not be guaranteed, and its value will naturally be greatly reduced.
"Okay, boss, don't worry! The price of 25 million is enough for me to negotiate!" Liang Guanhui said confidently.
After an acquisition is made, it must be digested well, otherwise it is easy to lose money.
Therefore, Lin Zuhui told some of the essence of later generations of Bagua Weekly to let Liang Guanhui become familiar with it.
Liang Guanhui was dumbfounded. The boss's words were so powerful that people couldn't help but praise them loudly.
"Remember, don't say I told you! Also, although our gossip weekly can use attractive wording, it still needs to be in line with "Ming Pao Weekly" and don't offend people in the entertainment industry too much, so as not to cause problems.
Public outrage.”
"Well, boss, don't worry! Gossip magazines have a good relationship with celebrities in the entertainment industry. Some celebrities even contact reporters from gossip magazines to report news."
After Liang Guanhui left, Lin Zuhui stretched.
How fucking cool!
Huang Yulang is right!
In less than a year, you can build a media empire!
70 million to acquire 70% of the equity of "Tian Tian Daily" and the entire equity of Tian Tian Color Printing, 66 million to acquire the King's Road News Center, 9 million to purchase Bumrungrad Industrial Center, and 25 million to acquire "Fresh Weekly".
"The First Cause of All Realms"
In addition, Wanhui Media's 70 million properties (after appreciation), "FHM" magazine, "GOOD" magazine, and "Capital" magazine.
His media empire has taken shape!
.......
In the fashion conference room, Lin Zuhui signed an equity transfer agreement and gave part of his shares to Guan Jiahui and Cai Ning. The new shareholding situation is: Lin Zuhui holds 20% of the shares, Guan Jiahui holds 30% of the shares, and Cai Ning holds 20% of the shares.
%, Dickson Pan’s offshore company holds 30% of the shares.
The reason why Dickson Poon transferred his shares to an offshore company was because he was worried that the media would spread rumors about his affair with Kwan Jiahui; firstly, it was not conducive to the development of him and Michelle Yeoh; secondly, he was worried that Joey Lam had some objections in his heart.
Dickson Poon himself does not hold a specific position in the company and has always appeared as a consultant, as does Lin Zuhui; as if, fashion retail has become a country of daughters.
Although there are shortcomings in women's business, they can't stand it. Lin Zuhui is behind Guan Jiahui and Cai Ning, and Pan Dickson is looking after the company, so the development is very smooth; besides, the proportion of men in the management is still slightly greater than that of women.
After signing the share transfer agreement, Lin Zuhui said with a smile: "I can finally get away from business!"
"No!"
"don't want!"
The two women shouted coquettishly at the same time.
Guan Jiahui said pitifully: "You can't bear to see us two weak women alone and helpless. If we mess up, your son will have no money for milk powder in the future!"
Lin Zuhui said angrily: "What a mess. The company has developed to this point. What you should rely on most is the staff and management. As a layman, how many good ideas can I have!"
Strictly speaking, Lin Zuhui’s greatest contribution is letting him represent Martin boots and Levi’s jeans;
Of course, it was with these two brands that it became an instant hit.
As for store decoration, advertising, sales staff training, etc., he has given some opinions. After all, the vision of future generations is still there, and in addition, there is also vision in this life.
There were only three people in the conference room, so Guan Jiahui quickly ran to Lin Zuhui's back and lay on him like a baby.
"Just watch over it for us! Without you, I will always feel uneasy. Okay?"
To be continued...