Chapter 92 092 [Kick you out]
"Brother, this is a good opportunity. Luo Qihong's Paramount Company has made a move, and they actually want to acquire an entire Sheung Wan commercial building. They are really trying their best to expand. , regardless of the consequences," Lin Luoshi said with a sneer.
Lin Luoxun knew about Paramount and Siu On Real Estate owned by Luo Qihong. Even Dehe Real Estate and Hehong Real Estate had not ignored it. Although Hehong Real Estate had been a real estate agency in North Point, he also I vaguely feel that Hehong Real Estate Company is the real 'boss'.
So, Lin Luoxun knew that Paramount Company had recently acquired the Sheung Wan Shifeng Building with a market value of NT$70 million, which had given Paramount Company a good boost in its share price.
According to common sense, Paramount Company has exhausted its funds in this acquisition. It has no strength to continue the acquisition, but it carries out the next acquisition. This makes him very puzzled. However, what he does not know is Paramount Company only paid 20% of the payment, so he wondered if this was another trap of Luo Qihong.
Although Haofeng Real Estate Company is fully capable of swallowing up the Shanghuan Kunbao Building, he certainly doesn't want to spend extra money, and may even help Luo Qihong achieve other unknown purposes.
"Where is the information on Kunbao Building? How is the collection going?" Even though he was worried, Lin Luoxun couldn't help but want revenge.
Kunbao Building is located at 360 Queen's Road Central, Sheung Wan. It covers an area of only 13,500 square feet, has a height of 16 floors and a floor area of 145,000 square feet. The current price is NT$29 million.
Kunbao Building is far away from Central and Sheung Wan MTR stations, so the price is naturally cheaper and cannot be compared with Shifeng Building.
However, with the construction of nearby buildings starting, the Kunbao Building still has a better prospect. Moreover, Sheung Wan is in the peak season of commercial building construction at this time, and real estate developers believe that Sheung Wan will It's the next Wan Chai.
Lin Luoshi handed over a document and said, "The time is too short. I only got some superficial information about Kunbao Building. More detailed information is still being collected."
Lin Luoxun took the document and took a look. , finished browsing in 3 minutes, thought about it carefully, and said, "The building in this location is not a very high-quality property. Perhaps it is because Paramount Company currently does not have sufficient funds. Luo Qihong is anxious to raise the stock price, so he will look at it." Go to this unspectacular Kunbao Building."
"Would you like to check the current financial situation of Paramount Company?" Lin Luoshi felt that Lin Luoxun was too cautious. It would be helpful to have other information to assist his judgment. Lin Luoxun made a decision quickly.
"Check it, we can't be fooled anymore." Lin Luoxun nodded slightly, with a slight sigh in his tone.
Lin Luoxun asked again, "How is the Sham Shui Po parking lot project? What is the reaction of the third child?"
"Ever since we messed up Lao San's project on Furong Street, Lao San has also been bidding crazy with us. We spent nearly 400,000 more to win a warehouse. I plan to let him try the next warehouse. What it feels like to lose hundreds of thousands," Lin Luoshi said harshly.
Lin Luoxun glanced at Lin Luoshi and said, "We have already won 2 warehouses and paid nearly 4 million. If we bid with Lao San again and win the third warehouse, I'm afraid it will exceed our planned funding range, and it will also increase the price of warehouses in Sham Shui Po, which is not conducive to our future business."
"We are engaged in renovating parking lots, and our profits will remain unchanged. If the situation allows us to raise the price to the parking lot management company, it won’t have much impact on us. It’s just that we need to pay more cost in the early stage.” Lin Luoshi didn’t quite understand what Lin Luoxun meant.
"If the price increases too much, the parking lot management company may not acquire it." Lin Luoxun shook his head, "The wool comes from the sheep. The money lost by the parking lot management company will be recovered from the car owners, but parking If the price is increased rashly, the business of the parking lot will definitely be bad. How can the management company agree to the price increase? "What should we do?" Lin Luoshi's tone began to become questioning.
Lin Luoxun shook his head again and said, "It's not about admitting defeat, it's about negotiation. Lao San and Luo Qihong also lost a lot, at least no less than us. We also have more businesses, which is also a kind of revenge on them. There is no need to keep losing money now." Lin Seeing that Lin Luoshi had decided, Luo Shi stood up reluctantly, took two steps, and said, "If you want to negotiate, you can find Lao San and Luo Qihong yourself. I will not go to negotiate with them."
"Okay! I will talk to them personally." Lin Luoxun nodded and said.
There is no one who always wins in business. If you feel a little resentful, you should think about how to earn the maximum benefit. If you keep fighting, you will only benefit others.
Of course Lin Luoxun understands this truth, so he wants peace talks.
However, the bidding for Shanghuan Kunbao Building is another matter and is not part of the peace talks, and it is also one of the reasons for the peace talks.
You can take revenge on Luo Qihong elsewhere.
Monday, June 22
Hutchison Whampoa announced its profits for the first quarter of 2081, with a total profit of 152 million yuan from January to March
The announcement of this news caused quite a stir. You must know that Hutchison Whampoa Company only made a profit of 180 million yuan (full year) in 1978, including profits created by selling non-performing companies and assets.
Now, only three short years have passed, and Hutchison Whampoa's operating conditions are so good that the outside world has to be a little stunned.
In fact, since Li Jiacheng took over Hutchison Whampoa Company, the profit environment of Hutchison Whampoa Company has continued to improve, returning to the "peak period of the four major foreign banks in Hong Kong". It is not even the third largest company in Hong Kong. That’s too much (previously HSBC, Jardine Matheson, etc.).
Hutchison Whampoa's stock price began to rise sharply. It rose by 0.68 yuan throughout the morning, and its market value increased by nearly 300 million yuan. The increase in the afternoon is not expected to be less than 0.7 yuan.
In this case, Luo Qihong's private investment can make a profit of more than 800,000 yuan, with a return rate of less than 20%. This seemingly good result is actually the lowest return rate since Luo Qihong's investment.
The only conference room of Dehe Real Estate Company
This was the first time for Lin Luoxun to meet Luo Qihong and Lin Luoqi at the same time, which also made Lin Luoxun vaguely feel that Luo Qihong was the talker in the duo.
"I came today for the warehouse acquisition project in Sham Shui Po. It is not an option for us to continue to compete like this. It will only hurt both sides and make profits even lower." Lin Luoxun glanced at the two of them and continued, " Why don't we put down our prejudices and not interfere with each other?"
Luo Qihong motioned for Lin Luoqi to reply. He wanted Lin Luoqi to stand in front of the stage, so that Xu Jiawen behind him would embarrass brother Lin Luoxun and not let Lin Luoxun stare at him all the time. Regarding the business between him and Lin Luoqi.
“Brother, we were the first to start this business. Now our losses are not small. We still have sufficient funds. If we drive you out of Sham Shui Po, we can make greater profits. ." Lin Luoqi said what he had discussed in advance.
Lin Luoxun raised his eyebrows, pursed his lips and smiled, "Really? You should know something about the strength of Haofeng Real Estate Company. You probably don't have this strength. And even if Haofeng Real Estate withdraws, those societies will come in. It’s impossible for you to monopolize this business by taking a piece of the pie.”
"We have no intention of monopolizing it. We will cooperate with the associations in Sham Shui Po in the future to drive you out." Lin Luoqi said in a deep voice.
Lin Luoxun fell silent after hearing this. He was not afraid of Lin Luoqi's cooperation with the association, but why Lin Luoqi wanted to reveal his plan and Luo Qihong did not stop him. What was the conspiracy?
"Luo Sheng, Luo Qi, those people in the association are all cannibals. If you cooperate with them, you may not make any money, but incur losses." Lin Luoxun threatened Luo Qihong and Lin Luoqi .
(End of this chapter)