Chapter 156 156 [Waiting for Opportunities]
Luo Qihong doesn't have much thought or energy to manage a film company, and he doesn't seem to have such talents at hand, so he can only invest in a joint venture.
In fact, Luo Qihong was not entirely for Guan Jiahui, but more for the layout in the next two years from 1982 to 1984, to maximize profits and funding sources.
If the big slump starts, there will be high-quality properties everywhere in Xiangjiang, and the prices will be Chinese cabbage. This moment will naturally be an excellent opportunity to buy properties on a large scale.
Although the movie box office at this time is only a few million yuan, you can win with quantity. One movie is 1 million yuan, and ten movies are 10 million yuan.
This is the price of a commercial building in Kowloon during the Great Depression.
After thinking about it, Luo Qihong found a suitable candidate in the memory of his previous life. This person should also be in bankruptcy at this time, which is a good opportunity to take advantage of it.
Li Yude obtained absolute control of Hongpu Real Estate Company from Dehe Real Estate Company as he wished, holding 45% of the equity and becoming the largest private shareholder.
At this time, Hongpu Real Estate Company has a market value of 340 million yuan. It is a relatively high-ranking small real estate company in Xiangjiang, and the properties in its hands are also of relatively high quality.
Many people envy Li Yude for taking over the Hongpu Real Estate Company. Today, Li Yude's net worth has exceeded 150 million yuan, making him a real Hong Kong rich man.
Of course, before the acquisition of Hongpu Real Estate Company, the Li Yude family was also a rich man in Xiangjiang, with a net worth of tens of millions, but now it has only doubled.
However, the Li Yude family's debts have exceeded their original net worth. They need to repay hundreds of thousands in interest every month. The pressure is also very high. Now they rely on the ginseng factory to make a living.
This situation is very dangerous. Once there is a problem in the ginseng factory, the Li Yude family will definitely be in crisis.
Looking at this information, Luo Qihong couldn't help but smile, "What do Director Chen and Jian Shen think of this?"
Hearing this, both of their eyes dilated. Looking at Luo Qihong, is this an assessment?
"Dr. Chen, let's talk first!" Luo Qihong said by name.
Chen Zhilong's eyes flickered. He guessed some of Luo Qihong's thoughts, but worry was not all. He replied after a few seconds, "The liabilities of Hongpu Real Estate Company are not very high, and they are supported by excellent assets. We will not worry about it for the time being." There will be big problems. On the other hand, the owner Li Yude is seriously in debt, and there are already problems in other industries, so I think Li Yude will lose control of Hongpu Real Estate Company sooner or later."
After waiting for nearly half a minute, I saw Chen. Zhilong did not add anything further, so Luo Qihong looked at Cheng Jianshen, "What's your opinion, Jianshen?"
Cheng Jianshen replied, "I agree with Director Chen. We can wait for Li Yude to fall into crisis, and then lend a helping hand. Get some benefits."
"Why not directly control Hongpu Real Estate?" Luo Qihong asked suddenly.
Chen Zhilong suddenly felt that he had lost to Cheng Jianshen. This was just a 'throwing a brick to attract others', and he was the brick.
"If Li Yude dies and saves Hongpu Real Estate Company, it will be very troublesome for us. It is better to take away the profits. Moreover, Hongpu Real Estate was built by the boss himself and cannot be allowed to fall into a storm again." Cheng Jianshen Said bluntly.
This is a shopping mall, so you can’t talk too much about favors.
“Can we take the opportunity to eat up some properties of Hongpu Real Estate Company?” Chen Zhilong asked thoughtfully.
Luo Qihong shook his head, "It is not a wise move to eat these properties at high prices now. Our purpose is not to help Hongpu Real Estate Company escape from danger, but how to draw benefits from Li Yude."
"Boss, let me monitor this matter. I know the situation of Hongpu Real Estate Company well." Chen Zhilong wanted to take the opportunity to take the lead. "Okay, I'll leave it to you." Luo Qihong nodded. Collecting information and spying on intelligence were trivial matters to Chen Zhilong.
Three minutes later, Chen Zhilong submitted two more reports, one with information on small companies and the other with details of Baohua Construction Company.
The former is something that was discussed before, and the latter was added by Chen Zhilong himself, but it was also mentioned by Luo Qihong not long ago.
This is Chen Zhilong's move to claim credit, and it is also his usual style. Both Luo Qihong and Cheng Jianshen are used to it.
"Let's choose Yonghua Co., Ltd. with a market value of 36 million yuan. It has good asset value and also has equity interests in some peer companies." Luo Qihong immediately decided to acquire this company.
“Feng Jiajin, the major shareholder of Yonghua Company, holds 42% of the shares. We need to discuss it carefully with him, otherwise it will be difficult for us to successfully acquire it.” Chen Zhilong reminded.
Luo Qihong smiled and said, "If it doesn't work, let's find another one. There is no need to fight to the death. Anyway, we will only be operating for a period of time."
In terms of real estate, Luo Qihong believes that there is Zhao'an Real Estate Company. It is enough, otherwise it will suffer heavy losses during the big slump and it will be difficult to support it. The main thing now is to solve the debts of private individuals and Zhao'an Real Estate Company.
"Okay, then I will contact Feng Jiajin of Yonghua Company first." Chen Zhilong said.
Then Luo Qihong continued to read the documents of Baohua Construction Company. This company is considered a large enterprise in the construction industry in Hong Kong, with a market value of 310 million yuan. In recent years, its annual profit has exceeded 70 million yuan. In 1980, its profit exceeded 90 million yuan.
It does not own many properties. It only has a 20-story medium-sized commercial building in downtown Kowloon with a market value of NT$69 million and an annual rental income of more than NT$10 million.
At this time, Zhaoan Real Estate Company naturally does not have enough strength to acquire Baohua Construction Company, and there is no room for investment and profit. A later acquisition will be more beneficial to Zhaoan Real Estate Company.
The main business of Baohua Construction Company is the development of real estate, port facilities and port-related properties. It also has certain real estate sales capabilities. It is much inferior to the leading Kinmen Construction Company, but among many Chinese-owned construction companies Zhongsuan is a relatively outstanding existence.
It was a popular choice in last year’s HSBC Building bidding case, which shows that Baohua Construction Company has a good industry reputation and construction capabilities.
"Let's put the matter of Baohua Construction Company aside for now, but pay attention to its actions." Luo Qihong said helplessly.
Baohua Construction Company is of such high quality that naturally many people are keeping an eye on it and want to take over this company as the flagship of the construction industry, but its senior management will not let the enemy succeed so easily.
The ‘sniper’ Liu Luanxiong in his previous life suffered a strong counter-takeover from Baohua Construction Company. He narrowly defeated the current senior management of Baohua Construction Company, but of course he suffered a lot of losses.
"Boss, the board of directors of this company is not simple. There are many tycoons from the same industry as its directors. It is very difficult to acquire." Chen Zhilong feels that this is a 'hornet's nest' and is easily attacked by tycoons from the same industry. counterattack.
Luo Qihong is not afraid. Of course it will be difficult to succeed now, but he does not believe that Baohua Construction Company will always be so united and harmonious. As long as he always pays attention, once there is an opportunity, he will seize the opportunity, let the gap widen, and seize the opportunity to enter. Main Baohua Construction Company.
"Dr. Chen, do you know how tigers and cheetahs hunt for prey? They will wait for the opportunity, rather than alerting the snake." Luo Qihong smiled and continued, "I don't believe there are no contradictions within Baohua Architecture. They are so concerned about this." Don't be tempted by good things."
Chen Zhilong nodded, he understood what Luo Qihong meant, just wait for the opportunity.
(End of this chapter)