I want to be a giant of Hong Kong Island

Chapter 283 [Laws of shopping malls: contain and suppress opponents! 】

Metro Group is an important part of the Wu Guangyao family;
Although this ring is in the hands of the second wife of the Wu family, it is undoubtedly the top priority of the Wu family.

In terms of future development prospects, Metro Group can even rank second, second only to Lenovo, a high-tech company.

Looking at the history of later generations, a giant retail company can provide jobs for hundreds of thousands of people, or even millions of people;
Such an important industry makes those politicians dare not take a peek at it.

The Walton (Wal-Mart) family, everyone is worth tens of billions of dollars, so rich that they have no friends.

Therefore, Metro Group is mainly engaged in the field of retail and chain stores; in the Internet era, it took the lead in entering the field of online sales.

In the future, Metro Group may be the main shareholder of Amazon and Taobao;

In terms of physical store sales, it may not be impossible to compete with Wal-Mart!

With Keira in his arms, he came to the window, and through the glass, he could see the whole of London at a glance, including Buckingham Palace and the River Thames.
"The retail market is huge, very big! It depends on whether we, Metro, can reach the highest position!"

Wu Guangyao's grand ambitions were quickly brought back to reality by Keira.

"Then let's have a few more children, so that we can look like a top European family!"

The next day, Wu Guangyao came to the Metro Group with Kaila again.

First, ask the little secretary to contact the three vice presidents, come to the office, and hold a small high-level meeting.

"Hmph, does my secretary look good?" Keira was dissatisfied with Wu Guangyao staring at her secretary's buttocks without turning her eyes away.

"That's good for you. I'm helping you to examine the people around you, and I'm afraid that you may not employ them properly!" Wu Guangyao said without changing his face.

Wu Guangyao understood at this time, if he had such a secretary, he would definitely be overwhelmed;
Losing one's virginity is a trivial matter, but losing one's morals is a major matter!
Kaila gave Wu Guangyao a blank look, but she was thinking in her heart, this man is really energetic!

Last night, the two frantically made humans at home, and they were a little overwhelmed;
And this one, he's been eyeing his secretary early in the morning!
However, I really can't let my lover get this secretary, otherwise my status may be threatened!
Yes, Mrs. Sutton is also good, both noble and attractive; the important thing is that there is no threat to her status, because Mrs. Sutton has her own children; with the character of this man, she will never really be included own family system.

Keira was thinking about these trivial matters, making Wu Guangyao think she was angry!

"Kayla, don't worry! Although your husband is lustful, he knows restraint and restraint. He is not the kind of lustful person." Wu Guangyao said righteously.

Seeing Wu Guangyao's sincerity, Kaila smiled and said, "Well, I believe you!"

After a while, the three vice presidents filed in; because Wu Guangyao specifically explained that he would stay in the company for a few days, the three of them needed to be on standby in London.

Wu Guangyao said: "I thought about it yesterday. Metro has been laying a solid foundation and stabilizing its rear so that it can enter countries other than England in a worry-free state. In fact, there is a wrong step here, that is, as long as there is a special With Tesco as an opponent, Metro’s rear will definitely not be stable.”

As soon as the three of them heard this, they were immediately full of energy. The boss wants to start a war with Tesco!

"The market of large supermarkets is not particularly mature, so the competition is not very fierce; then only chain stores (Tesco is called a chain store, and Metro is called a chain of convenience stores) are the real battlefields for everyone. What do you think?"

"I agree with Mr. Wu's point of view. With the same investment situation, a certain number of convenience stores far exceed large supermarkets in terms of customer source and profit. Maybe it is because the popularity of vehicles is not high, or maybe the large supermarkets have not yet reached maturity. So Metro has always focused on the development of convenience stores." Donald said, Donald is the real high-level executive who controls the overall situation, and large supermarkets, convenience stores, chain stores (acquired), and McDonald's are his main battlefields.

The other two also echoed, after all, this is an obvious thing.

Wu Guangyao knew that large supermarkets would not really develop until the late 60s.

"If we want to attack Tesco and form a double attack on the number of convenience stores, how much capital will we need?" Wu Guangyao asked.

"Tesco has 236 chain stores in the UK, and there are 99 chain bakeries. If we want to start with Tesco, the main target is 236 chain stores. At present, our Metro Group has 198 chain convenience stores. If To have a real threat to Tesco, I think within a year, we need to expand to 300 convenience stores in the UK. At a scale of 1.5 to 2 pounds, it needs to be close to 200 million pounds ($560, 1 :2.8 exchange rate)" Donald quickly calculated an approximate figure.

The financial status of Metro Retail is good, there is no debt, and there are more than 70 pounds (over 200 million US dollars) in the account. This is the financial status after the listing and dividends.

The retail market value of Metro is 1300 million pounds, with a total share capital of 8000 million shares (70% of the shares are in the hands of Wu Guangyao and Kaila). Because of the small number of shares outside, it has been fired a lot in recent years. The current stock price is 0.1625 pounds per share.

The business of Metro stores is generally better than that of Tesco, so they also have advantages in operation.

"Can the company issue new shares?" Wu Guangyao asked.

Since it is already listed, it is easy to raise funds by issuing new shares, and the stock of Metro Retail is booming.

As for the dilution of shares, Wu Guangyao is not worried at all.

Now that it has chosen to go public, the Wu Guangyao family does not have to hold more than 50% of the shares;
And because Keira is a lawyer, he has already prepared the terms for the US AB shares to control the company.

"No problem at all, we can issue 1000 million additional shares and raise 162.5 million pounds."

Two days later, Metro filed an application for additional issuance of new shares to the London Stock Exchange and announced the suspension of trading of the shares.

The reasons given by Metro are: to raise funds, expand the number of convenience stores, and actively develop the retail industry abroad.

Metro's move has received strong support from shareholders!
"It's good news, Metro's stock is bound to go up!" A senior stockholder said confidently, mainly because he holds thousands of shares in Metro.

"How is this good news? With the increase in share capital, everyone's stocks should fall!" A shareholder retorted.

"What do you know? Others are using money to invest, increasing the company's main business, that is, making the company stronger. May I ask, will this give shareholders more confidence?"

"You seem to have a point!"

The stock market is optimistic about Metro, and it is conceivable that once Metro is issued, it will definitely skyrocket again.

Tesco, on the other hand, looked sad.

In the UK, after decades of development, Tesco has finally developed into the UK's largest retail giant after listing;

Unexpectedly, before the buttocks have been sitting for a few months, Metro has sprung up.

The reason for Metro's success is very simple, that is, the boss has money, has bank support, and has a good business philosophy. Therefore, in just over six years, it has already surpassed Tesco.

Over the years, the two have made great efforts to expand their own chain stores while acquiring other chain stores.

Because everyone knows that sooner or later, one of the two families will bow down.

Wesley, the president of Tesco, first said: "I don't think Metro's purpose of issuing new shares is not in overseas development, but in the UK. They want to surpass us in the number of chain stores. Everyone thinks we should Shouldn't it, vigorously increase the number of chain stores?"

"Over the years, Tesco has continuously acquired and expanded its scale, and the financial pressure is very high. President, we may not be able to spend too much money. If we want to increase the number of chain stores, I suggest that we proceed steadily and not follow the trend. "A high-level person gave a pertinent opinion.

This high-level opinion has won the support of many people.

However, everyone is more uncomfortable. A retailer that has been established for more than six years can actually wrestle with a retailer that has been established for 30 years.

This has to make people sad!

(End of this chapter)