Chapter 102: Once bitten by a snake, fear of well ropes for ten years
"Are you going to sell Wharf's shares?" Su Cheng thought he heard wrongly.
"Mr. Su, you misunderstood. That's not what I meant. It's like this. As the saying goes, one mountain cannot accommodate two tigers. After Jardine found that it could no longer control Wharf, it would definitely find a way to convert Wharf The stocks were sold off because Mr. Shen Bi had told me that Jardine Matheson recently loaned money to a bank in the UK at a high cost of interest to compete with me in the Wharf.
Now. , they are doomed to fail in the Wharf competition. If they want to continue to compete, they can only raise funds by issuing new shares. However, they are worried about repeating the mistakes of Wharf, causing the stock price to be low, causing Chinese tycoons to turn to Jardine Matheson or Land's idea.
So, Jardine Matheson has only one option, which is to sell Wharf's shares, but in the current situation of Wharf, it is difficult to find anyone to take over.
As for me, I have spent too much money recently and am no longer able to acquire the stocks held by Jardine Matheson. In this case, I can only find a partner, so I hope Mr. Su can take over the Wharf stocks. ”
The Charter King explained to Su Cheng in detail.
Su Cheng also understood that Wharf itself was a subsidiary of Jardine Matheson Land at the time, but at that time he thought that no one would cooperate with him. They were robbing Wharf, so for money, they kept issuing new shares to raise funds, resulting in less and less shares in their hands. In the end, only about 10% was left. How could people not take advantage of this situation? < br>
So, Jardine Matheson completely lost Wharf.
As the saying goes, if you are bitten by a snake, you will be afraid of the rope for ten years. This is the mentality of Jardine Matheson today.
Therefore, they will definitely find a way to sell off the Wharf stocks that they cannot control, because too much capital is occupied here, which will affect their capital turnover.
When the chartering king found that he could not spare the funds to acquire this part of the stock, he naturally did not want this part of the stock to be bought by others at will. It would be better to have a capable partner, so that the Wharf It will also be beneficial for future development.
Normally speaking, Huifeng Bank is naturally the best partner. Unfortunately, unless there are special circumstances, Huifeng Group, as a banking industry, will not acquire these equity interests at all.
So, I can only find someone else.
Just in time, Su Cheng became a capable person in his mind and his ideal partner.
After all, who in the whole of Xiangjiang dares to say that Su Cheng is incapable?
Don’t have the ability to own such a huge asset at such a young age?
Don’t have the ability to play around with Wharf and Hutchison Whampoa?
Can you become Hutchison Whampoa’s top class if you don’t have the ability?
Don’t have the ability to spend nearly 10 billion to buy crude oil?
Of course, the charter king at this time also knew that the reason why Su City had so much money to buy crude oil was that 5 billion was borrowed from Huifeng Bank.
Although the chartering king felt that it was very irrational for Su Cheng to rashly purchase so much crude oil, it did not prevent him from appreciating Su Cheng as a person.
Back then, he was also young, and no matter who persuaded him to do something he believed in, it was useless. Because of this, he successfully won every business war, and finally made it to today, becoming the richest man in Hong Kong with unparalleled glory. The world's number one shipping king.
Isn’t this what Sioux City is like now? According to his understanding, except for this crude oil acquisition, Su City has never lost money in the market before, and every plan can double his assets.
He is not optimistic about the massive purchase of crude oil, but it does not mean that he is not optimistic about Su Cheng.
Therefore, after consideration, he wanted to invite Su Cheng to take over the Wharf shares from Jardine Matheson and become the second largest shareholder of Wharf.
"How many Wharf stocks does Jardine Matheson control now?" Su Cheng asked.
“As far as I know, Jardine Matheson and Land currently hold about 30% of Wharf stocks.” Said the chartering king.
Su Cheng nodded, thought for a while, and then said: "If the price is still 50 Hong Kong dollars per share, I have no idea of buying Wharf stocks." The share price of Wharf is actually more than 50 Hong Kong dollars. per share.
The reason why it can rise to more than 50 Hong Kong dollars or even reach the terrifying 62 Hong Kong dollars per share is because Charter King and Jardine Matheson are competing for the controlling rights of Wharf. In this case, they will not care about whether Wharf is worth the stock price at all. The one who gets the controlling stake is the ultimate winner.
Now that the outcome has been decided, the stock price will definitely not be able to sustain itself and will definitely fall sharply.
So, even if Su Cheng really wanted Wharf's equity, he would not take advantage of it.
"Based on my experience, the share price of Wharf will drop to about HK$20 per share over time. At that time, Mr. Su will have a very good time to buy." Said the chartering king.
As long as it is confirmed that the charter king has taken over Wharf, Wharf's stock will basically not be traded. When the time comes, the stock will naturally fall back to its suitable stock price.
At this time, if Jardine Matheson wanted to sell stocks, they could only sell them at this price, otherwise no one would be interested in their stocks.
"Okay, I'll take a look at it then. If it's suitable, I will buy Wharf stocks. Under the management of Mr. Bao, I believe that Wharf's future will be even more brilliant." Su Cheng did not give any advice. Give accurate answers.
Furthermore, his funds are currently invested in crude oil. The funds will have to be gradually withdrawn after the oil crisis breaks out. At that time, if suitable, he would not mind serving as the second largest shareholder of Wharf.
The Charter King understood, so he didn’t say much on this issue.
The Wharf matter was finally settled, and he was deeply relieved.
Although the chartering king is the richest man in Hong Kong, only through experience can he know how difficult it is to fight head-on with a major British bank.
Jihe is not only large in scale, but also has the support of the British consortium.
Fortunately, he won the battle in the end.
As Su Cheng's strength is gradually revealed, no one dares to look down upon him. Even the Charter King has classified Su Cheng into the same level as himself.
The two chatted very speculatively. Regarding some international matters, Su Cheng gave a lot of unique insights through Xiao Ai. The charter king listened more and more to the young man in front of him. It's really not simple.
At noon, the boat charter king once again invited Su Cheng to have lunch at the Universal Restaurant, to which Su Cheng naturally agreed happily.
"Thank you very much for the banquet, Mr. Bao. I welcome you to my home later." Before leaving, Su Cheng shook hands with the charter king and said with a smile.
"As long as you're satisfied, I'm worried that I won't be able to greet Mr. Su!" the chartering king laughed.
"Well, that's it for today. Let's make an appointment when we have time in the future. It's very interesting to chat with Mr. Bao. I also hope to hear more of Mr. Bao's guidance on business experience." Su Cheng waved his hand and said.
"Mr. Su, walk slowly!" The chartered boat king nodded.
I left home at eight in the morning and it was already four in the afternoon when I got home.
"Boss, Mr. Zhang from Tianyuan Company called you and asked me to tell you as soon as you come back and call him back." As soon as he came back, Zhong Chuhong said to Su Cheng.
"Zhang Qizheng is looking for me. Could it be that there is news?" Su Cheng thought in his mind after nodding.
(End of this chapter)