Chapter 160 160 [Jielian Enterprise Company]
When Li Jiafeng heard this, his expression changed slightly, but he quickly reacted and said, "Of course I can give it all to you."
Luo Qihong, rely on On the back of the chair, he said comfortably, "To be honest, I am not interested in Li Sheng's projects. Now I have many projects on hand and I have no funds to allocate, so I have to live up to Li Sheng's kindness."
Li Jiafeng naturally did not believe Luo Qihong's lies. His intuition told him that Luo Qihong was looking for opportunities to retaliate and did not want to accept the project because accepting the project would hinder Luo Qihong's revenge.
He had no way to stop it. After all, Luo Qihong was much stronger than the Li family, so he could only try his best to guard against it.
Luo Qihong sent Li Jiafeng away, immediately summoned Chen Zhilong, and told Chen Zhilong the information about the conversation just now.
Chen Zhilong was silent for a moment, "I guess the acquisition Li Jiafeng mentioned should be the acquisition of Strapline Enterprise Company between the Zheng Yutong family and Jia Ning Company. This news was widely circulated last month, but was rejected by Chen Songqing. Denied it, so it’s been a lot quieter recently.”
“Since you have denied it, why do you speculate that it is an acquisition by Jielian Enterprise Company?” Luo Qihong asked after taking a sip of tea.
"Boss, there is no fire without fire! Chen Songqing is an acquisition maniac. According to some media statistics, Jianing Company has acquired no less than 300 companies, and the Zheng Yutong family also has the intention to sell Jielian Enterprise Company. Chen Songqing thought It's not impossible to take over." Chen Zhilong was very sure about this acquisition and also saw the boss's intention to retaliate against the Li Yulong family.
Luo Qihong thought for a while and decided, "In this case, Zhaoan Real Estate is going to raise a sum of funds to buy the shares of Jielian Enterprise Company. At the same time, it is also necessary to check whether the acquisition case mentioned by Li Jiafeng is Not this one?”
"Yes, boss!" Chen Zhilong said, "Currently, the company still has a working capital of about 10 million yuan, and we don't have any properties that can be pledged for loans. Can leverage be used for this acquisition?"
Luo Qihong shook his head, "It is not a competitive acquisition, and it cannot support a leveraged loan. Let's use the 10 million yuan first, and I will complete the rest privately."
"Boss, in fact, this is also The Li Yulong family must be punished for the Zhaoan Real Estate Company matter, otherwise it will be difficult to gain prestige in the business world," Chen Zhilong reminded seriously.
Luo Qihong waved his hand and said with a smile, "The Li Yulong family is just a small family. There is no need to go up and down. As long as they show their flaws and we attack again, they will definitely suffer heavy losses."
< br>“The most important thing now is development and solving the debt problem of Zhaoan Real Estate Company. The rest can be put aside. If opportunities are missed for revenge, it will be harmful to Zhaoan Real Estate Company.”
Two hours later, Chen Zhilong came into Luo Qihong's office again and handed over the specific information of Jielian Enterprise Company.
Luo Qihong suddenly discovered that this company had a lot of real estate and stock securities investments, with a market value of 340 million yuan, and New World Development Company held 35% of the shares, making it the largest shareholder.
This level of shareholding is naturally not high, but most people really don’t dare to go against the Cheng Yutong family, because Cheng Yutong relies on Chow Tai Fook Jewelry Company and has always had sufficient cash flow, and New World Development Company’s liabilities The rate is controlled at around 30% all year round, making it a very high-quality real estate company.
Once an acquisition is triggered, it will be difficult to beat the Zheng Yutong family in terms of cash, and it is not a good thing to offend the real estate and jewelry tycoons.
The current ‘stock market sniper’ Liu Luanxiong is still struggling in the field of classical fans, so Jielian Enterprise Company is very safe.
Luo Qihong remembered reports from his previous life that Jianing Company only had three listed companies, and the name of Strapline Enterprise Company was not in his memory.
Is the acquisition of StrapLink Enterprises really a rumor?
Luo Qihong suddenly asked Chen Zhilong, "How many competitors does Jie Lian Enterprise have?"
Hearing this, Chen Zhilong immediately realized that his boss wanted to acquire Jie Lian Enterprise and replied He said, "There are no competitors for the time being. It seems that only Jianing Company has contacted New World Development Company."
"I doubt that Jianing Company really has no intention of acquiring Straightline Enterprise Company, but we can definitely take over. Taking the opportunity to get in touch with the Zheng Yutong family, and with the good qualifications of Jielian Enterprises, we should be able to make a lot of money," Luo Qihong said.
Chen Zhilong's eyes widened. He did not expect that his boss would suddenly directly veto his previous judgment, but the plan did not change.
“If we acquire Straightline Enterprises, based on the current stock price, the funds required will not be less than 120 million yuan, and the company may not have that much funds.”
“ It doesn't matter!" Luo Qihong waved his hand, "I can join forces with my affiliated companies to acquire it, and Zhao'an Real Estate can continue to acquire Jielian Enterprises' shares from the stock market."
Chen Zhilong saw that his boss had already decided. Not daring to persuade him any further, he nodded. At 4 o'clock in the afternoon, the stock market closed. Both Zhang Taotao and Bai Jinyan called to report the stock prices of International City Company, Yangtze River Industrial Company, Wheelock Company, and Electric Light Company. Among them, International City Company's increase exceeded 200%, and Yangtze River Industrial Company's stock price increased by more than 200%. The increase exceeded 15%.
Zhao'an Real Estate Company successfully earned 3.5 million yuan from its 1 million shares of International City Company stock. This was only the first day of gains. Making 10 million yuan did not seem to be a big problem.
7:30 pm
The home of Yang Mingkun in Causeway Bay
This is a 1960s-style tenement building. There is no elevator and you can only walk to the 5th floor.
Yang Mingkun's house is not big, with an area of more than 500 square feet (about 51 square meters). There is no balcony and the light is not very good. However, the house is very clean and the items are arranged in an orderly manner.
It can be seen that Tan Hongmei is a diligent and thrifty woman who is very good at taking care of her family.
There are four members of Yang Mingkun’s family living here. The room is just big enough, but in Luo Qihong’s opinion, it is a little cramped.
In order to entertain Luo Qihong, Yang Mingkun's son and daughter were not at home and were sent to a friend's house to be watched over for a few hours.
"Luo Sheng, today's dinner treat is a bit shabby, don't mind it." Tan Hongmei said with some embarrassment.
"It's not shabby! My family also lived in Kowloon Bay before, and it's almost the same as yours." Luo Qihong said with a smile.
Yang Mingkun then explained, "Actually, I wanted to invite Luo Sheng to eat outside, but I thought that Luo Sheng had mentioned that he wanted to try the red plum craftsmanship, so I invited Luo Sheng to my house."
" Then I will try my sister-in-law’s cooking today.”
Tan Hongmei said a few modest words and was busy cooking again.
Luo Qihong looked around and said, "Has Yang Sheng thought about changing his house? The house here is still a bit narrow, and there are no good school facilities."
Yang Mingkun blinked, "There is already a plan. I’m planning to buy one next year. Does Luo Sheng have any recommendations?”
"It depends on Yang Sheng's budget. There is a difference between a house worth 500,000 yuan and a house worth 1 million yuan." Luo Qihong said jokingly.
Yang Mingkun made a lot of money with Luo Qihong. Luo Qihong felt that Yang Mingkun could give out 1 million, but it would depend on whether Yang Mingkun was willing to part with it.
"Less than 1 million, too much will affect the family's expenses." Yang Mingkun sighed.
Seeing this, Luo Qihong suggested, "In my personal opinion, the property market will fall, but it will take some time. If Yang Sheng is not in a hurry, he can wait. Maybe 1 million can buy two houses by then. "
"Will this affect Fengtu Construction's business?" Yang Mingkun subconsciously thought of business.
This surprised Luo Qihong, so he nodded and said, "It will have an impact, and it will be a big impact, so now we need to do more projects to save funds to tide over the crisis."
Yang Mingkun pondered for a long time and said, "Then we Should we stop quarterly dividends first and allow the company to develop more business? "
The project business taken over by Fengtu Construction Company requires the customer to pay a 30% deposit, and the balance must be settled after the completion of the construction period, so Expanding a business requires a lot of capital.
Of course, the current Fentu Construction Company is taking over the project from Zhaoan Real Estate Company. Luo Qihong will consider paying the project price, and sometimes even pay in full.
(End of this chapter)