Chapter 95 095 [Recovering funds to prepare for unwinding]
After signing the contract with Li Shixie, Luo Qihong informed Lin Luoqi of the matter and asked him to continue bidding with Lin Luoxun, but he asked Lin Luoqi not to take the lead. The maximum price increase is 200,000, and the best is 150,000.
This figure was calculated by Luo Qihong after careful consideration. He has already signed a contract with Weifu Parking Management Company. The price of the warehouse parking lot in Sham Shui Po has been set and will not change much.
If Lin Luoxun adds an extra 150,000 yuan in costs, the profit will be 150,000 yuan less. However, a warehouse-style parking lot only has a profit of more than 300,000 yuan, so Lin Luoxun's profit can be suppressed to 200,000 yuan. within.
Those associations will soon compete for food in person. There is a profit of 200,000 yuan now, but it may not be there in the future. In other words, Lam Luok-hun's warehouse-style parking lot project in Sham Shui Po will not last long.
At the same time, Luo Qihong increased the price of Shanghuan Kunbao Building by another 400,000 yuan, bringing the total price to 34.5 million yuan, which was already a bit dangerous.
Actually, Luo Qihong is not worried about the extra five to six million yuan, because Paramount is for sale. As long as the price of Kunbao Building does not drop, no matter what, it will be a loss to Paramount Company. The stock price is favorable.
As for how to eliminate these loan problems of Paramount Company, Luo Qihong naturally wanted to leave it to the next buyer.
Office of the Deputy General Manager of Haofeng Real Estate Company
Lin Luoxun slowly put down the document in his hand and thought carefully, "Now is the critical moment. It will be difficult to make a big price increase in the future. If If the price is raised by 200,000 to 300,000 yuan, Luo Qihong is likely to escape, and the Kunbao Building will fall into our hands.”
"But if we stop now, Luo Qihong's losses will be very low. We can only say that we are half successful."
Hearing this, Lin Luoshi said boldly, "What are you afraid of? If Luo Qihong takes down Kunbao Building, it will be Increasing the debt of Paramount Company is just an ordinary investment for us, and it can be repaid by the end of the year. The worst thing to do is to explain it to dad."
Lin Luoxun thinks Lin Luoshi is right. Kunbao Building has different meanings to both parties, and of course the consequences are also different. This is due to the difference in their respective strengths.
"Okay, then you directly raise the price by 500,000 to the owner, raising the price to 35 million, and see how Luo Qihong reacts?" Lin Luoxun said in a final decision.
Lin Luoshi nodded and groaned, "Yeah!"
His face suddenly became tangled, and he hesitated for a long time before saying, "I heard that Luo Qihong has met with Li Shixie, the deputy general manager of Weifu Parking Management Company, and they should be discussing the sale of the warehouse parking lot."
Lin Luoxun's movements froze, and his expression was extremely serious as he said, "This Luo Qihong is one step ahead of us again, and if he signs an agreement with Weifu Company to set the price of the warehouse-style parking lot, it will be difficult for us to sell it at a high price. This Why is this guy so difficult to deal with?"
"What should we do? The third brother is still bidding with us, so the profit will definitely be reduced a lot." Lin Luoshi frowned.
“There are only two options now. One is that we make small profits but quick turnover, but the society can definitely get the warehouse at a low price. Our business will be even more difficult in the future. The other is that we finish the goods on hand. If you want to buy a warehouse, you will withdraw from the Sham Shui Po market." No matter which option he chose, Lin Luoxun felt that it was not a good choice.
"This Luo Qihong is really vicious, he actually disgusts us like this." Lin Luoshi clenched his fists and said bitterly.
Lin Luoxun sighed, "This is normal business competition, and there are things more uncomfortable than this. It seems that Luo Qihong doesn't plan to stay in this business for a long time. Forget it, let's quit after finishing this order."
"If we want to get back face in the Kunbao Building, we must make Luo Qihong suffer more losses." Lin Luoshi said. The two brothers could not beat a 'self-made' newcomer. It was really embarrassing to spread the news.
Lin Luoxun shook his head, "Don't be impatient. Being too impatient will make us suffer. Once the truth is revealed, Luo Qihong may come back to us. The loss of Kunbao Building is certain, and rash changes will only lead to We suffered a loss.”
Lin Luoqi on the other side chose to contact the owners of Keeley Building in Central and gave up Wing On Plaza in East Tsim Sha Tsui.
After much thought, Luo Qihong decided to reveal the situation of Gide Real Estate Company to reporters and stir up the stock price in advance. Lin Luoqi's actions were really a bit slow. It may be that Luo Qihong's mentality was a little impatient.
However, the good news about Gide Real Estate Company was not as effective as expected. On that day, the stock price of Gide Real Estate only rose 3 cents, reaching 1.3 yuan. Luo Qihong, who held 4.05 million shares of Gide Real Estate, earned 1.21 million yuan, which was somewhat different from the expected profit. The share price of De Real Estate can still rise.
Thursday, July 2
Zhuojian Investment Company announced that its two Central buildings, International and Federal, were sold for NT$2.235 billion, with a profit of NT$1.235 billion< br>
Then Cheung Kong held a press conference and announced that after deducting the 500 million yuan originally paid to Wheelock, the company had made a profit of 600 million yuan.
Earning a profit of RMB 600 million in such a short period of time was astonishing and caused a sensation throughout Hong Kong.
This is even more violent than the Golden Gate Building of the Jianing Group. Chen Songqing waited for 8 months for the Jianing Group to earn 680 million yuan, while the Li family became the Yangtze River Industrial Co., Ltd. to earn 600 million yuan. It only took a month to make profits, and it was clear at a glance who was strong and who was weak.
Such good news naturally caused the stock price of Yangtze River Industrial Co. to skyrocket. Within half an hour after the news was announced, the stock price rose from 18.6 yuan to 19.7 yuan.
Paramount Company, which holds 550,000 shares of Cheung Kong Holdings, suddenly made a profit of 605,000 yuan. From the date of purchase, Paramount Company had a profit of 825,000 yuan.
Although there is still a big gap from the target, the rise is fierce. Luo Qihong expects its stock price to exceed 22 yuan, which will generate a profit of 2 million, barely easing the current financial difficulties.
The share price of New World Development Company also increased somewhat due to the completion and sale of a number of high-end residential buildings by New World Development on Pok Fu Lam Road, as well as the second phase of New World Center (a luxury building with more than 700 units and the famous Regency Hotel) is almost complete, and the newsprint is touting it.
Parlem Company Office
Luo Qihong said happily into the microphone, "Since the other party has offered 35.4 million yuan, I can only give up. Zhang Sheng, let's cooperate next time "
After hanging up the phone, Luo Qihong smiled even brighter. In fact, he really wanted to continue bidding, but considering Lin Luoxun's caution, he decided to give it up.
Being greedy always comes with a price, and it is easy to develop this bad habit.
Luo Qihong knew that 35.4 million yuan was not a large sum of money for Haofeng Real Estate Company, and the financial pressure could be relieved through loans. However, this was an acquisition with a premium of 22% and it would take time to pay it back, and the rent also needed to be repaid. Interest.
Then Luo Qihong came to the HSBC trading room to deal with the stock issue of Henderson Land Development Company.
"Luo Sheng, according to your request, all the shares of Henderson Zhaoye Real Estate Company you held have been sold. The average price is 14.1 yuan. After deducting various expenses, the capital withdrawn is 20.727 million yuan. "Zhang Taotao reported.
Luo Qihong thought for a moment, but decided to act according to the original plan, and said to Zhang Taotao, "Please Zhang Sheng, please transfer all the funds to my bank account."
Zhang Taotao was slightly startled. , suppressing the doubts in his mind, nodded and said, "Okay, I'll handle it right away."
Half an hour later, Zhang Taotao came back, "Luo Sheng, all your 20.727 million yuan has been transferred to your bank account. Is there anything else?"
"What is the current stock price of Hutchison Whampoa?" ?" Luo Qihong asked.
“20.8 yuan!” Zhang Taotao replied.
"Sell it for me too, and the funds you withdraw will slowly buy the shares of Xiangjiang Electric Lighting Company." Luo Qihong ordered.
(End of this chapter)