I want to be a giant of Hong Kong Island

Chapter 474 [Taking Wharf 1 lightly]

February 1971, 2, the sixth day of the Lunar New Year, Monday.

After 40 days of absorption, Wu Guangyao's Wharf shares finally reached 30%;

Although it was carried out in the form of secret purchases through decentralized accounts, the turnover of Wharf shares increased day by day, which also attracted the attention of securities analysts;
Professional speculators with a keen sense of smell began to intervene, and the stock price of Wharf was naturally pushed up, and soon reached 20 Hong Kong dollars per share;

All of a sudden, large and small households came out one after another, coupled with the rumors in the stock market, Wharf stock has surpassed the rising trend of milk and Landmark some time ago, and this is just an appetizer!

Although some time ago, the stock prices of Milk and Landmark plummeted like a cliff, and a large number of shareholders were trapped;

But the stock market has always been like this. Knowing that there is danger, but still choose to go forward for huge profits.

Now that it has been exposed, there is no way to buy it secretly. Wu Guangyao can only give up and prepare for the next big battle.

Jardine House
When Henry Keswick found out about 30% of Wharf shares in Wu Guangyao's hands, he stomped his feet angrily and gritted his teeth with hatred, but there was nothing he could do!

"It's Wu Guangyao again, what does he want to do!" Henry Keswick roared at the executives.

"Obviously, he wants to control the Wharf Group, so that he can contract the entire prosperous land in the Tsim Sha Tsui tourist area in Kowloon." Niu Bijian said.

The executives of the Jardine Department took a deep breath. If Wu Guangyao really got his way, the coastal area of ​​Tsim Sha Tsui in Kowloon would basically be controlled by Wu Guangyao;

Not only the seaside area, but also the Starlight Walk on Salisbury Road and the 'Land King' on Salisbury Road have all fallen into the hands of Wu Guangyao.

However, does Jardine really have the strength to stop Wu Guangyao?
"We must increase our shareholding in Wharf at a high price!" Henry Keswick said firmly.

"Taipan, if we increase our holdings to the safety line of 49%, according to the current situation, the price will be extremely high! The stock price of Wharf has already reached 20 Hong Kong dollars per share. If we increase our holdings now, I am afraid that it will have to more than double to reach About 50 Hong Kong dollars per share. Then we estimate that we need 10 billion Hong Kong dollars in cash, or even higher!" said the person in charge of the financial company Jardine Fu.

Henry Keswick was shocked when he heard the words, and then said: "What if the shares of Hongkong Land are exchanged?"

"That requires a formal anti-takeover plan!"

Henry Keswick pondered, and it seemed that it would be too costly to immediately increase his shareholding, and it was easy to overfry the stock.

After a long time, Henry said: "We must stabilize Wu Guangyao now! Well, Wu Guangyao owns 30% of the shares and has become the largest shareholder; according to the usual practice, we give two director seats. Manager Niu Bijian, this matter I'll leave it to you! I need to go to HSBC!"

Niu Bijian said, "En!"

Wu Guangyao received an invitation from HSBC's top class Sanders, and the corners of his mouth twitched slightly. As expected, Jardine turned to HSBC for help.

In a western restaurant, Wu Guangyao and Sandas sat opposite each other.

"Mr. Sanders, are you here as a lobbyist this time, or are you here to fight?"

Sandas was taken aback for a moment, thinking to himself, this guy is really good at predicting things;
At this time, HSBC can choose to help Jardine and lend Jardine a huge sum of money to deal with the Wharf crisis;
However, in this way, HSBC offended Wu Guangyao, which obviously cost too much!
HSBC's annual income is only one-fifth of the dividends of the Universal Group;

If Wu Guangyao is offended, how can HSBC afford to lose if Wu Guangyao gets mad?
"I didn't come here to be a lobbyist, nor did I come to challenge you, but to inform you. Is Mr. Wu satisfied with this answer?" Sandas's words were full of lightness, as if HSBC had long been unified caliber.

"Haha, then I have to thank you!"

Sanders then told Wu Guangyao that Jardine Matheson was only borrowing from HSBC;

As for how much to borrow, Sandas stretched out two fingers, naturally not [-] million Hong Kong dollars, but [-] million Hong Kong dollars;

HSBC rejected it on the grounds that it was too risky;
But for the sake of British capital, they borrowed [-] million Hong Kong dollars.

Wu Guangyao nodded, expressing that he knew it!
As long as the takeover battle is fought, the stock price will be doubled several times;
In his previous life, when Li Ka-shing secretly bought shares in Wharf, the share price was HK$13;

When Bao Yugang fought with Landmark, the value of each share was already 105 Hong Kong dollars;
By analogy, if Wu Guangyao wants to win the red line of 49% (the shareholding ratio that has not touched the full acquisition), then the remaining 19% of the shares are expected to cost 9.5 million (calculated based on the stock price of 50 Hong Kong dollars);
If Wu Guangyao wants to privatize Wharf now, even Wu Guangyao is unwilling to bear the price (50 billion Hong Kong dollars multiplied by 70.00%, is 35 billion Hong Kong dollars);

According to Wu Guangyao's idea, first win 49% of the shares and drive Jardine out of Wharf;
After the stock market crash, the price of privatizing Wharf will be much lower.

Wharf Group conference room.

Wu Guangyao and Shi Jun made their first appearance after becoming directors.

Henry Newbikin, the chairman of Wharf's board of directors, can be said to have 1 dislikes for Wu Guangyao and Shi Jun.

Wu Guangyao didn't care what Henry Keswick thought, and said directly: "Chairman Henry, we have some small opinions on the construction of Wharf Harbor City, and we hope the board of directors will adopt them!"

Henry Keswick didn't even think about it, so he said, "Mr. Wu, the construction plan of Harbor City has been out for more than half a year, and the construction has been carried out according to the plan during this period. It is undoubtedly too late for you to propose it now." !"

Wu Guangyao really wanted to give Henry a kick, but he just raised some small opinions, and you refused it without even thinking about it. It's not clear that he and Shi Jun, the two directors, are just a show!
It's useless to fight too much. Anyway, everyone is accumulating energy at this time, or quietly buying shares.

Henry Keswick rolled his eyes and said, "Mr. Wu, Mr. Shi, I propose to add a director. Bedford, the executive president of Hongkong Land, will join Wharf Group and serve as the executive director."

Wu Guangyao also refused without hesitation: "Wharf has already added two directors, so it's not appropriate to add more directors now! Unless, the board of directors gives us two more directors!"

A group of directors watched Wu Guangyao and Henry Keswick fighting, but did not choose to join in;

At this time, the outcome is unclear, and everyone has nothing to do with themselves;
It can even be said that if the two of them hype up the stock price, the shares held by some directors will be sold quietly.

Next, it was still Wu Guangyao and Henry's verbal battle, and finally reached an agreement: Landmark added an executive director, and Wu Guangyao's side added a director, and stationed a working group in Harbor City, and had the right to propose some construction projects. Opinion.

This is an outpost, and Wu Guangyao believes that his goal has been achieved, so he has won; because he can make some amendments to the construction of Harbor City and add a director of his own.

And Henry Keswick also believed that he had won, because the Wharf director added an executive position, and also served as the important position of executive director.

After this meeting, the two sides will experience a short period of 'peaceful coexistence';
In fact, it's just that the two sides have not launched a decisive battle, and everyone will actively acquire the remaining shares;

The goal of both parties is the same, that is 49% control;

As for more than 49% of the equity, that is the start of a comprehensive acquisition invitation. Let alone Hongkong Land Company does not have so much money, even Wu Guangyao is reluctant to get such money. (Note: The full acquisition is expected to cost around HK$35 billion.)
The Wharf War was a far bigger battle than the Milk War, so the effect on the Hong Kong Island stock market was even more intense;
The entire market was affected by Wharf stocks and began to rise sharply!
And the trend of stock trading has become more prevalent in Hong Kong Island. Even some housewives have entered the market with banknotes!

'Stocks, not banknotes! '

It is a true portrayal of Hong Kong Island at this time.

　Thanks to the escaped soldier for the reward, the author received the first leader!
　　Plus it doesn't exist!
　　Haha, just kidding, the exemption is limited for these two days, so Jia Geng owes it first!

　　
　
(End of this chapter)