Chapter 308 The Things About the Charter King
Once, there was an opportunity to make a lot of money in front of me, but I didn’t cherish it and only regretted it when I lost it.
If God can give me another chance, I will definitely cherish this opportunity and make billions!
This is what the Charter King is thinking now, he regrets it so much!
Even if the chartering king has been in business for many years, he will handle problems calmly.
But it is impossible to remain calm in the face of missing billions of Hong Kong dollars.
Billions, how many years will it take him to earn this money!
"Hey, it's all over, Mr. Su, if you still have a chance to make money next time, you must take care of me!" the charter king said with a wry smile.
“There is endless money to be made, and Mr. Bao does not need to take this matter to heart. There are still many opportunities to make money. For example, the real estate in Xiangjiang will definitely skyrocket in the future. Mr. Bao can pay attention to this industry. , Mr. Bao now controls Wharf, and the land under his control is not good. If you make good use of it, sooner or later, you can bring billions or even tens of billions of funds to Mr. Bao!" Su Cheng said with a smile.
"Speaking of Wharf, let's get down to business. I invited Mr. Su here today just for the sake of Wharf." The chartering king shook off the regret in his heart and continued.
"Oh? Are you talking about the Wharf shares held by Jardine and Land?" As soon as Su Cheng heard what the charter king said, he immediately guessed what he was thinking.
"Mr. Su is really awesome. You guessed it before I said it. Yes, Jardine recently sent out private news that they want to sell all the shares of Wharf, because in the previous competition, I borrowed a lot of money from the bank, but now it is very difficult to finance, so I want to sell all the shares of Wharf as soon as possible. In the past two days, they even contacted me, hoping that I could sell their shares.
I now have complete control of Wharf. Although the Wharf stocks in the hands of Jardine and Land add up to nearly 30% of the equity, they can only serve as the second largest shareholder. In the Wharf Group They no longer have the right to decide. For them, there is no need to hold this equity."
After the chartered king nodded, he said in detail.
“I would be very happy to cooperate with Mr. Bao to jointly develop Wharf. However, Jardine has not approached me. If I take the initiative to buy their shares, the stock price will not be low!” Su Cheng shook his head and smiled.
"Mr. Su should also know the current situation in Xiangjiang. There are only a few powerful consortiums, and they are definitely not interested in becoming the second largest shareholder of Wharf. Therefore, it is basically difficult for Jardine to sell. Unless it is sold at a very low price, Jardine is unlikely to be willing to do so.
So, the most likely person in Xiangjiang to take over is you, Mr. Su. In this case, Jardine will definitely be able to do it. It can be seen that almost the whole world knows how valuable the crude oil in your hands is. It is impossible for them to not know how valuable it is, so it will not take more than a month at most before they come to you in person and ask for your help! "
The Charter King continued.
Su City still recognizes this very much.
Jardine Matheson and Land hold too much equity, almost 30%. In other listed companies, this equity is already the controlling shareholder, but in Wharf, it embarrassingly becomes the third largest shareholder. The second largest shareholder, so it is impossible for a consortium to take over their equity in this situation.
Who would be willing to pay such a high price to just be a shareholder? Therefore, it is destined to be difficult to find buyers for the shares held by Jardine Matheson and Land.
It just so happens that international oil prices are rising now, and Sioux City is a well-known oil storage tycoon. These can all be used as cash flow.
In other words, Su City can easily win this 30% stake.
When they can't withstand the pressure, they will definitely come to Sioux City in the end.
"Mr. Bao, since they have approached you privately and hope that you can sell off this 30% stake, this is also an opportunity to completely control Wharf. Why don't you take this opportunity to take over these stakes? With your position in Huifeng As a director of a bank, even if you don't have enough funds now, I believe you can easily borrow money to buy out their equity," Su Cheng asked curiously.
Although the charter king had told him about this issue before, Su Cheng really couldn't figure out why he didn't take it if he could completely turn Wharf into a wholly-owned subsidiary of Global Shipping Group?
Su Cheng also thought about controlling Wharf before, but at that time he had a shallow foundation and was not suitable to make too many enemies in Xiangjiang, so he finally chose one of the two and chose to give up Wharf and choose Hutchison Whampoa Group.
"Mr. Su, to be honest, I have seriously thought about this issue. Sometimes I also thought about whether to take over all the shares in their hands, but after careful consideration, I gave up this idea.< br>
I am not afraid to tell you that although Global Shipping Company is a big company now, many of its ships were actually bought with loans from Huifeng Bank. Many ships are still making money and repaying the loans, but now Mr. Su should also know that the international shipping industry is getting worse and worse. Fortunately, the oil tanker business has been better recently
But there is almost no business like other bulk cargo ships, car carriers, ore bulk cargo ships, timber bulk cargo ships, etc. I rely on long-term chartering to make small profits. Nowadays, there are fewer long-term charterers, and the profits of the shipping industry are increasing. The lower it gets, which is why I decided to go to Wharf.
I don’t have much cash flow, and my assets are basically those ships. Although other investments also account for a part, the majority is still with Global Shipping Group. The fight with Jardine Matheson made me short of funds. Some of them can only be borrowed from Huifeng Bank. Therefore, it is impossible for me to continue borrowing money from Huifeng Bank, otherwise there is the possibility of being completely swallowed up by Huifeng Bank.
I have been dealing with foreigners for so many years, and I know very well that when doing business with foreigners, even if they seem to be trustworthy, you must be cautious. Do you think Huifeng Bank has a good relationship with me now? However, it is possible to follow Qi Dezun's path again in any minute. Global Shipping Group is a family business that I have worked hard to build throughout my life. I do not want to become the second Qi Dezun! "
This time, the chartering king actually told a lot of secrets. After hearing this, Su Cheng realized that there were so many secrets in it.
No wonder he was willing to give up and go directly Complete control of Wharf is to prevent your home from being robbed!
Although the chartering king has long thought of abandoning his ship and landing, it is impossible to completely abandon the shipping industry, which is his starting industry.
In another world, the same is true for the charter king. Although he later successively acquired Wheelock, invested in Standard Chartered Bank, Dragonair, etc., he never abandoned the shipping business, but shifted his focus to shore. That’s all.
(End of this chapter)