After all, companies like Henderson and Sun Hung Kai allocate a large proportion of their funds to pay dividends every year, but their own bosses are not very active in paying dividends.

In 1997, the profit was more than RMB 70 billion (the sales of properties and gold futures accounted for more than RMB 40 billion), and the dividend of New Era Group in early 1998 was less than RMB 8 billion.

It seems to be the company that pays the most dividends in Hong Kong, but in fact it only pays out just over 10% of its annual profits as dividends.

Last year's (1998) profit was estimated to be around 75 billion, and this year's dividend seems to be less than 10 billion.

Thinking of this, Liang Zhenxun actually understands that the boss is really not short of money. If he can make so much money for the company, he must also make a lot of money personally.

.......

Two days later, Yuan Tianfan and Liang Botao returned to Hong Kong to report the situation to Lin Zuhui.

After hearing about the attitude of Dadong Telegraph Bureau, Lin Zuhui was obviously thinking.

Hong Kong Telecom is a rich asset. Although in the previous life, after Li Zekai's acquisition, Yingke's market value plummeted from 500 billion to more than 20 billion; but in fact, after Hong Kong Telecom merged with Yingke, it was spun off after 2010, and its market value has remained

It fluctuates around 100 billion.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Overall, this deal was messed up by Li Zekai. If his father had not come forward, the merged PCCW would have only hundreds of billions of debt.

It can continue to be a drag. After all, the annual interest is tens of billions. So except for Hong Kong Telecom's profit, PCCW's other businesses have no profit at all.

So how can New Era Group profit from this transaction?

Soon, Lin Zuhui had a "capital market" plan in mind, but he did not say it out immediately.

"Well, since the Dadong Cable and Telegraph Bureau is already interested, they will definitely want to introduce competitors next, so we will wait and see what happens! Of course, if Hong Kong Telecom has a premium of 10% to 20%, we can also take action;

Moreover, more cash flow is not something that cannot be considered, after all, we can borrow a lot of money."

Yuan Tianfan and Liang Botao looked at each other, and then Yuan Tianfan said: "It is feasible to acquire an asset with a huge market value like Hong Kong Telecom at a premium of less than 10%."

He knows that the boss makes money, but he also spends money, so he reminds him.

Lin Zuhui said with a smile: "Having said that! Dadong Cable and Telegraph Company may drag it on. After all, the seller is taking the initiative now. And this year is the year of the Internet explosion, and the telecommunications industry is also rising, so I think Xiangjiang Telecom has risen to more than 260 billion.

The market value is entirely possible. Think about it, should we take the initiative to raise prices, or should we wait until later and be more passive?"

This is the benefit of knowing the general trend!

Assuming that Hong Kong Telecom's market value exceeds 260 billion in the second half of the year, the purchase price of each consortium will not be at a premium. After all, this is already too high, so that all consortiums participating in the bidding will be on the same starting line.

But if New Era Group is now willing to pay the price for the second half of the year, then other consortiums may not follow suit, and Dadong Cable and Telegraph Bureau will be more willing to accept the premium.

In fact, Dadong Telegraph Company will not be in a hurry to sell at a fair price. They will soon spread the word and introduce new competitors. Even so, they still take the initiative and can wait for the price and are not in a hurry to close the deal unless the price is very high.

satisfied.

When Yuan Tianfan and Liang Botao heard about this year's financial situation, there was no doubt that the boss was right when he said this year's market situation was this year. After all, this is a fact recognized by many people.

"Okay, we got it!"

Lin Zuhui added: "If this acquisition can be completed in one or two months, New Era Group can reduce the acquisition cost in the capital market, so you should pay attention to my opinion."

Although the two wanted to know what to do, after all, the first step of the acquisition had not been completed yet, so it was not easy to ask now.

Liang Botao said at this time: "Boss, if the cash ratio is increased, it will be very important to obtain official support from the mainland. First, Huaxia Telecom holds 10% of Hong Kong Telecom; second, Bank of China can provide loans."

Lin Zuhui said confidently: "They have no reason not to support it! Of course, it will depend on the situation later!"

"OK!"

In fact, Lin Zuhui also plans to use loans as the main source of funds for this acquisition, so banks will be able to provide loans by then. He plans to loan US$10 billion for this acquisition.

The entire New Era Group's group debt is only 20 billion Hong Kong dollars, which is indeed a very low debt for a group with assets worth nearly one trillion.

No way, I have cashed out a lot in the past few years, so that the cash flow is very sufficient.
Chapter completed!