Chapter 224 224 [Profit Horror]
September 27, Monday
Jianing Company announced its interim results, with a profit of 270 million yuan, an increase of 2.75% compared with the previous year. It announced that the interim results The stock dividend was 1.2 cents.
As soon as this news came out, it greatly boosted the confidence of the small shareholders of Jia Ning Company.
Looking at the news, Luo Qihong shook his head and smiled bitterly. He knew that Jianing Company would never pay dividends.
The reason is that Jianing Company is already burdened with debt. How can it come up with so much money to pay dividends? To put it bluntly, Chen Songqing probably still thinks that shareholders can help Jianing Company repay the billions of Hong Kong dollars in debt.
Luo Qihong believes that Chen Songqing now regrets not stopping earlier and clearing his debts, and he also has a sense of luck, thinking that he can escape this disaster.
Of course he knows very well that Jianing Company has been poisoned for a long time and will die sooner or later. Even Debt King Real Estate Company is trembling, let alone Jianing Company, which has no backing.
“It’s not the right time yet, it should be almost by the beginning of next year.”
Luo Qihong continued to look down, and soon read a report from Jianian Real Estate Company, which was about Jianian Real Estate. debt problems and bank debt collection.
Although most of the loans of Jianian Real Estate Company have collateral, some of the loans were obtained by founder Peng Guozhen as the guarantor.
However, Peng Guozhen was in poor health at this time and was under great pressure. The bank did not dare to press too hard. After all, if Peng Guozhen was forced to death, it would be difficult to recover the principal of the loan, let alone the interest.
Actually, the expansion model of Jianian Real Estate Company is similar to that of Jia Ning Company, except that it is not as crazy as Jian Ning Company, and there are still some consciences that do not want to dig a big hole for small shareholders.
This thunder was exposed, and the stock value of Jianian Real Estate Company experienced a crazy decline. It fell 4% in the first hour, with a market value of tens of millions of yuan. The seriousness and rapidity of the decline made small shareholders They were so frightened that they intensified the selling wave.
Giggle! !
There was a knock on the door, and it was Cheng Jianshen who came.
“Boss, Jianian Real Estate Company responded to us and said that they agreed to trade the nine newly built industrial buildings, but they insisted on a price of 20 million yuan and refused to lower it in response to the market’s requirements.”< br>
“They also want to sell another batch of properties to us, which is worth about 50 million yuan, which is similar to the current market price. How should we respond to them?”
Cheng Jianshen reported, with a look in his eyes. With a hint of greedy excitement, it seems that they really want to win these two properties.
Luo Qihong said funnyly, "Twenty million yuan is impossible. Now Jianian Real Estate is about to go bankrupt. If it is auctioned at a bankruptcy auction, where will it take 20 million yuan? Tell them that I am only willing to pay 16 million, if you are willing, we will trade, if not, we will wait to sell it at the auction.”
Cheng Jianshen struggled for a while and said, "I think another batch of properties are good. Maybe we can lower the price from 50 million yuan. Overall, they are about the same."
"Jianshen, the market will be available in a while. There are all kinds of properties on the market, even the real estate companies will sell high-quality properties, and even the small and medium-sized commercial buildings in Central will reduce their prices. There is no need for us to buy high-priced properties from Jianian Real Estate." Luo Qihong thought for a while, and took a step back. "If that's the case. A batch of properties worth 50 million yuan, Jianian Real Estate is willing to sell it to us for 35 million yuan, so we can consider it."
"This" Cheng Jianshen does not think that the people at Jianian Real Estate are willing to sell it at a low price. Company property.
Luo Qihong reminded, "Jianian Real Estate is about to go bankrupt. We also have many choices. Not only does Jianian Real Estate have high-quality properties, there are a lot of them on the market. Just reply to them like this. If you don't want to, don't Don’t worry about it anymore.”
“We have a lot of things to do recently, and we don’t need to argue with a company that is on the verge of bankruptcy. Isn’t our goal set?”
"Yes!" Cheng Jianshen woke up, and he was no longer the same as before.
In fact, it was greed that covered Cheng Jianshen's eyes and made him somewhat insane.
In fact, Peng Guozhen of Jianian Real Estate Company has contacted many colleagues and asked if they are willing to take over the properties of Jianian Real Estate. Unfortunately, a catastrophe is ahead, and no one will use such a large amount of funds. So Peng Guozhen could only ask someone to contact Zhaoan Real Estate Company.
Today's Hong Kong is dominated by cash flow. Whoever has enough money is the boss.
At around 11 o'clock and close to 12 o'clock, Cheng Jianshen came to report the results. Jianian Real Estate Company was still unwilling to sell the company's properties at a low price, and wanted to talk to Luo Qihong in person.
Luo Qihong refused directly. What was there to talk about? He didn't have a deep relationship with their Jianian Real Estate (we had cooperated in 1981). Any favor offensive or pie-drawing offensive would be in vain.
Luo Qihong only wants tangible benefits, and he didn't take advantage of the original cooperation. How can he have time to flirt with Peng Guozhen now.
Luo Qihong understood Peng Guozhen's thoughts and simply believed that the city of Xiangjiang could still be saved in a short time.
These ideas are not without reason. The Hong Kong government announced yesterday that the 115,000-square-foot land parcel at Victoria Barracks on Queensway will be subject to bidding in November in order to stimulate the local market.
Therefore, many real estate developers have a wait-and-see attitude towards this. If the bidding can be carried out at a high price, the cold winter in the city will come to an abrupt end.
But in Luo Qihong's view, the local market is not entirely decided by the Hong Kong government. Naturally, land sales require a real estate developer willing to take over, perhaps by winning the bid at a low price.
A few days later, De'an Securities Investment Company
Bai Jinyan, Zhang Haipeng, and Hu Yanni gathered in the office to report to Luo Qihong.
Now Bai Jinyan is mainly responsible for the Japanese market and the company's operations, while Zhang Haipeng and Hu Yanni are responsible for monitoring the Hong Kong stock market and the US market (with little investment and operations through external securities companies).
“The Hang Seng Index has fallen below 1,000 points and is currently 971.56 points. The downward momentum has weakened significantly compared with the previous few days. We estimate that this year’s Hang Seng Index will fall to 700 points and next year’s The stock market will not be very good either," Hu Yanni reported. Then Zhang Haipeng reported, "Many foreign investors are also leaving Hong Kong. They are selling stocks wildly in an effort to get some funds back. Some foreign securities companies have retained blue chip stocks, but they have all transferred their funds away together."
“There are still a lot of bad debts in many banks and financial companies. They were not noticeable when the market was good. Now these bad debts have begun to affect the normal operations of banks and financial companies. Some bank shareholders are asking questions. Responsibility.”
“Our judgment on the market is still that a financial crisis similar to that of 1965 is brewing, and a large number of banks and financial companies will collapse or be taken over by the Hong Kong government. "
Luo Qihong glanced at Zhang Haipeng and thought to himself, 'There is something!' ’
“What is the loss to our customers in Xiangjiang?” Luo Qihong asked.
Hu Yanni replied, "After our early warning, many customers evacuated the stock market. Only about 28% of customers did not believe our judgment and chose to stay."
"But we were prepared before the disaster. Appropriately, after receiving the customer's order, they also sold in a timely manner. 28% of the customers' losses were about 10% to 20%, and the actual loss was about 7%."
"Well! The company's assessment of the market in the future. Clients must be notified in time, and all other work should be cancelled.” Luo Qihong believes that the purpose of promoting the company in the early stage has been achieved, and things need to be done in accordance with the rules of the securities industry in the future.
“Are you worried that our work will affect our clients’ investments?” Bai Jinyan asked doubtfully.
Luo Qihong smiled and said, "If you do more, you will make more mistakes! Our company's reputation has already spread far and wide. In order not to affect our reputation, we can only do it together with our peers, so that there will be no problems."
Bai Jinyan thought for a moment, then nodded in agreement.
“Some customers are asking us if we have other good investment projects.” Hu Yanni asked, “How should we respond to them?”
“Show them the analysis report on the Xiangjiang industrial market. Don't say anything else, let the customers make their own judgment. "Luo Qihong doesn't like customers who don't trust De'an Securities.
There is a saying that ‘after passing Suzhou, there is no boat ride! ’
He knows that these customers want De’an Securities to help them invest in the Japanese market, but he doesn’t want to make these people rich. Of course, these customers can find other investment companies to do it.
"I'm afraid these customers want to invest in the Japanese stock market with us." Hu Yanni asked tentatively, always paying attention to the expression on Luo Qihong's face.
Bai Jinyan understands Luo Qihong better than Hu Yanni. Knowing that Luo Qihong is having a bad temper, he protects the company's interests and says, "Our company is not the only one doing the business of investing in the Japanese market. If we refuse, the customer will probably If they want to go to other companies, why don't we follow their wishes?"
Luo Qihong waved his hand, "You decide, but don't say anything to them, let them make their own choice."
< br>"Okay!" Bai Jinyan looked slightly happy and looked at Hu Yanni.
Zhang Haipeng also reported on the situation of the U.S. market. Currently, except for technology stocks, other stocks have not made much progress.
Bai Jinyan reported on the situation of the Japanese market, "The Tokyo Nikkei Index has now risen to 7,500 points, an increase of nearly 1,500 points from the first half of the year. The stocks we bought have basically quadrupled, and the total investment has reached 640 million Hong Kong dollars.”
“Our customers’ average profit is 34%. Such news has also brought us many new customers. Now the company’s customers have invested more than 1 billion Hong Kong dollars, and the handling fees obtained are close to 41 million yuan."
Luo Qihong smiled, "It seems that our investment direction is very profitable. We will continue to attract more customers to invest in the Japanese market and strive to obtain more than 100,000 yuan in handling fees before 1983. 70 million Hong Kong dollars."
Bai Jinyan nodded, "Well, let's do our best. When do you plan to buy the bottom of the stock market in Hong Kong?"
"It is expected to be the earliest? In the second half of next year, if the company needs to set aside some funds, the industrial stocks in Xiangjiang can still make some money," Luo Qihong said with a smile.
Bai Jinyan was stunned for a moment, and then he figured it out, but Zhang Haipeng and Hu Yanni didn't understand. The Japanese stock market was so much more profitable than Hong Kong, so why should they keep funds?
However, seeing Bai Jinyan, there was no doubt. The two of them were well aware of current affairs and believed that this was one of the company's secrets. Neither Bai Jinyan nor Luo Qihong planned to tell them.
After the two people left, Bai Jinyan asked, "Are you worried about some important acquisitions? Or do you want to initiate an acquisition?"
"Some companies are about to go public, and I also have acquisitions. Plan." Luo Qihong said in a deep voice, "Our home court is still Xiangjiang. We cannot put the cart before the horse just because the Japanese stock market is easy to make money."
"The current situation in Xiangjiang is very bad, but it is also an opportunity for us. , I told you before.”
Bai Jinyan is an investor and understands that this is a small-scale bargain hunting to prevent some important companies from being taken away by others. After all, some companies can still make big money when the market is good.
Bai Jinyan thought for a while and said, "Can we take advantage of this moment to really extend our hands into the US market? The current US market economy is still in a downturn, which is a good opportunity to get involved. "
Luo Qihong was slightly startled. He did not expect Bai Jinyan to make such a suggestion at this time, "What do you want to do? Acquire a company, or open a new company? "
"Directly? Acquiring a small securities company, setting up a new company is really a bit troublesome," Bai Jinyan said.
(End of this chapter)