Hong Kong variety show: Building a century-old family, starting with Hung Hing
Chapter 334 Even female action stars get exhausted!
Jiang Tiansheng and Liang Botao exchanged a glance, both satisfied.
They never really wanted to acquire Kidd Properties; their goal was to sell their shares when the stock price was high.
Jiang Tiansheng said, "Okay, Mr. Xue, we await your reply."
After leaving the meeting room, Jiang Tiansheng and Liang Botao began to discuss their next steps.
Jiang Tiansheng spoke first: "I have an idea about Jide Real Estate Company."
We can encourage it to issue new shares, thereby driving up its stock price.
Liang Botao reminded him: "Mr. Jiang, issuing new shares to boost stock prices is a feasible method, but there is a key issue."
We need someone to take over, otherwise it will be difficult for us to sell all our shares at a high price once the stock price goes up.
In my opinion, Lin Luoxun is a suitable candidate to take over.
Jiang Tiansheng pondered for a moment, then nodded and said, "You're right. We really need to find a way to get Lin Luoxun involved."
This matter needs careful consideration; we need to devise a comprehensive plan to make him willingly take on the responsibility.
The two then discussed how to attract Lin Luoxun to join the company, as well as the details of issuing new shares.
The discussion lasted for a long time before temporarily concluding.
The next day, when the stock market opened, Kidd Properties' stock price rose amid market fluctuations.
Liang Botao closely monitored the stock market, seized the opportunity, and acted swiftly, selling off a large number of his Jide Real Estate shares.
After a series of operations, a considerable sum of money was successfully recovered.
When it was lunchtime, Jiang Tiansheng and Liang Botao ate at a restaurant near the company.
While eating, Jiang Tiansheng asked Liang Botao, "Mr. Liang, how much do you know about the Paramount Restaurant Company?"
I've recently become quite interested in it and am considering acquiring it.
Liang Botao put down his cutlery and replied, "Mr. Jiang, I can collect information on the Paramount Restaurant Company. I'll secretly acquire some of its shares to prepare for the subsequent acquisition plan."
Jiang Tiansheng nodded: "Okay, then I'll trouble you, Mr. Liang. Please collect all the information as soon as possible so we can study it carefully."
In the afternoon, Jiang Tiansheng called Xue Zhipeng, the major shareholder of Jide Real Estate: "Mr. Xue, after careful consideration, we have decided to abandon our acquisition plan for Jide Real Estate."
Upon hearing this on the other end of the phone, Xue Zhipeng immediately became furious and said, "Mr. Jiang, what do you mean by this? You were agreeing to everything before, and now you're suddenly giving up?"
Jiang Tiansheng said calmly, "I'm sorry, Mr. Xue, we have our own considerations. I hope it hasn't caused you too much trouble." He then hung up the phone.
Left with no other option, Xue Zhipeng contacted Lin Luoxun instead: "Mr. Lin, Jiang Tiansheng and the others have given up on the acquisition. If you are interested, you'd better hurry up and complete the acquisition as soon as possible."
Upon learning this news, Lin Luoxun immediately led his legal team to Jide Real Estate Company to conduct a financial audit and make final preparations for the acquisition.
Meanwhile, Jiang Tiansheng continued to sell Jide Real Estate shares on the stock market.
Continuing to sell could cause the stock price to fall, but in order to maximize profits, he decided to sell the remaining shares.
After the market closed, Liang Botao went to Jiang Tiansheng's office to report: "Mr. Jiang, today's stock selling was quite successful."
We recovered a large amount of funds, and after calculation, we made a profit of 711.805 yuan.
Jiang Tiansheng nodded in satisfaction: "Well done. By the way, how's the data collection for Paramount Company going?"
Liang Botao handed over a document: "Mr. Jiang, this is the detailed information I have collected about the Paramount Company."
This company currently has a debt ratio as high as 0.75%, and needs at least 1400 million yuan in capital to operate normally.
Jiang Tiansheng flipped through the documents, pondering, and said, "We need to find a way to solve this high debt ratio."
"How about we consider selling some assets to pay off the debt?"
Liang Botao reminded him: "Mr. Jiang, it should be noted that the listed company's asset value cannot be less than 2000 million yuan."
Selling assets must be done with caution, otherwise it may affect the company's creditworthiness.
Jiang Tiansheng pondered for a moment and said, "Okay, I understand. This matter needs to be studied more carefully."
On the other side, Lin Luoqi told his family elder, Lin Zuhui, about the Lin brothers' acquisition of Jide Real Estate.
After hearing this, Lin Zuhui called Lin Luoxun over to inquire about the situation.
Lin Luoxun was prepared and produced documents regarding the misappropriation of funds, explaining the reasons for the acquisition to Lin Zuhui.
After listening, Lin Zuhui thought for a moment and then said, "I plan to handle this matter by giving both sides equal blame."
Lin Luoqi, go and purchase the 16% stake in Jide Real Estate Company held by Haofeng Real Estate.
Lin Luoxun and Lin Luoshi, you two brothers will jointly manage Jide Real Estate Company.
Lin Luoxun and Lin Luoshi exchanged a glance and quickly said, "Thank you, Uncle Lin."
Xu Jiawen, who was standing to the side, was very dissatisfied when she heard the result, but she didn't say anything.
The next day, Lin Luoqi picked up a document and said to Xu Jiawen, "Jiawen, we made a lot of money from this acquisition of Jide Real Estate Company."
Xu Jiawen responded, "Rocky, I think we could have earned more."
With further optimization of the strategy, the profit margin might be even greater.
Lin Luoqi smiled and said, "Whether you earn a lot or a little depends on a combination of factors."
As you know, Jiang Tiansheng's strategies are indeed brilliant.
We all made a three-fold profit by taking advantage of his manipulation of the stock price, which is already quite good.
Xu Jiawen said thoughtfully, "Speaking of Jiang Tiansheng, his methods are indeed brilliant."
However, I'm thinking that if we were to run our own listed company in the future, we might be able to achieve even greater growth.
Upon hearing this, Lin Luoqi's expression turned serious: "Jiawen, this matter needs to be handled with care."
Running a listed company involves too many issues; one wrong move could lead to legal problems.
Xu Jiawen was somewhat unconvinced: "Does that mean we should just keep following behind others? I think we can give it a try."
Lin Luoqi patiently explained, "It's not that we won't try, it's just that we need to plan ahead."
At present, continuing to cooperate with Jiang Tiansheng and looking for other acquisition opportunities may be the safest option.
He has experience in this area; following him will save you from making many mistakes.
Xu Jiawen was silent for a moment, then said, "Okay, let's do it your way first."
However, we must also be aware of other opportunities and not always rely on others.
Meanwhile, at Dehe Real Estate Company, Jiang Tiansheng was busy handling the sale of Jide Real Estate shares.
After some maneuvering, he successfully sold all of his Kidd Properties shares.
After the market closed, the finance staff came to report: "Mr. Jiang, this sale of Jide Real Estate shares has yielded a total profit of 922.4854 yuan."
As previously agreed, you will receive half of it.
Jiang Tiansheng nodded: "Okay, I understand. Get the accounts sorted out."
After the finance staff left, Jiang Tiansheng calculated his financial situation and found that he now had 812.3 million yuan in funds.
In addition, there are other stocks and company shares.
These funds were far from enough to save a listed company on the verge of bankruptcy, so they began to think about other investment opportunities.
Afterwards, Jiang Tiansheng met with Liang Botao at Huoduoli Company. The two sat in the conference room and discussed the details of the Paramount Restaurant Company.
Jiang Tiansheng said, "Mr. Liang, you have done in-depth research on the Paramount Restaurant Company. Tell me about the specifics."
Liang Botao opened the documents and said, "Mr. Jiang, the situation at Paramount Restaurant Company is currently quite complicated."
As the person in charge of the company, Xu Haizhi is unlikely to give up the company easily.
Even if we manage to acquire it, we might face numerous issues regarding control afterwards.
Jiang Tiansheng asked, "Is there any solution?"
...............
Liang Botao suggested, "I think Mr. Jiang, you can consider Jingsheng Real Estate Company as an alternative."
Jingsheng Real Estate Company has relatively low debt, requiring less capital for restructuring, which may make the process easier.
After thinking for a moment, Jiang Tiansheng said, "I still want to try to acquire Paramount Company first."
After all, I've studied it for so long and have a certain understanding of it.
If negotiations fail, then we'll turn to Jingsheng Real Estate. Tell me about Paramount's stock price and shareholder situation first.
Liang Botao replied, "Mr. Jiang, if you want to acquire 28% of Paramount's shares, it will cost approximately 730.8 million yuan."
…………
This is no small sum; once invested, your funds will be significantly reduced.
Jiang Tiansheng weighed the options in his mind: "Okay, I understand. I'll think about it some more."
Yan Leduo visited Jiang Tiansheng at Wo Hung Properties in North Point.
After the two sat down in the office, Yan Leduo got straight to the point: "Mr. Jiang, Fenggui Development Company is making frequent moves in the market, putting a lot of pressure on us in the same industry. Several of our companies are planning to form an alliance to fight against Fenggui Development, and we would like to invite you to join us."
Jiang Tiansheng politely declined, saying, "Mr. Yan, thank you for your invitation."
However, I already have my own strategy for dealing with Fenggui Development Company, so I won't join the alliance.
Yan Leduo tried to persuade Jiang Tiansheng: "Mr. Jiang, if we all unite, our strength will definitely be greater."
If you join us, our chances of success will be much greater.
Jiang Tiansheng insisted on his position: "Mr. Yan, I understand what you mean."
But I have other businesses to run now, so I can't focus all my energy on competing in the intermediary business.
I believe my method can solve the problem.
Seeing that Jiang Tiansheng's attitude was firm, Yan Leduo didn't say anything more. After exchanging a few pleasantries, he left.
The next day, in the office of North Point Wo Hung Properties, Chiang Tin-sing sat at his desk, intently reading the newspaper.
Meanwhile, the real estate brokerage market outside was in an uproar due to a series of actions by Fenggui Development Company.
Industry peers are struggling to cope with Fung Kwai Development's attempt to monopolize the North Point real estate agency market.
On the third day, however, Jiang Tiansheng remained unconcerned. He believed that Fenggui Development Company's aggressive approach would ultimately lead to greater losses for them.
Significant losses.
On the fourth day, Jiang Tiansheng paid more attention to the current stock market dynamics.
Jiang Tiansheng's gaze fell on the newspaper article about Xinhe Real Estate Company's upcoming IPO.
The listing of Sino Land will cause waves in the stock market, and my previous investments in this area are very likely to bring substantial returns.
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