I want to be a giant of Hong Kong Island

Chapter 546 [Eliminate the beacon fire between glasses of wine]

In October, Hong Kong Island is crisp and clear.

However, the international community is not calm;
First, the Fourth Middle East War broke out in early October;
Then, in mid-October, the oil crisis broke out.

At this time, oil is already priceless, because the Middle East can't help raising the price of oil per barrel from $3 to $10.6;

At the same time, because most of the Western countries support Israel, the oil-producing countries in the Middle East directly imposed an oil embargo on Western developed countries;

I will not sell it to you for any money!
Cheung Kong Building, meeting room on the top floor.

Wu Guangyao, Morse, Rong Bensheng, Peter Lynch, Liu Yu and others are discussing the plan to acquire Hong Kong Electric Co., Ltd.

Public companies such as China Gas, CMB, and Hongkong Electric cannot delist first, otherwise the government will cancel your franchise;
Since it cannot be delisted and has long-term stable income, it is better to put it in the family office.

Wu Guangyao said: "Hong Kong Electric is one of the top ten British-funded listed companies in Hong Kong, but like Qingzhou Yingni, it has no real major shareholder family and has always been an independent public company. Therefore, this acquisition is not difficult. , just follow the steps!"

At this time, with Wu Guangyao's status and financial resources, it is very difficult for him to have a big acquisition case in Hong Kong;

This is the so-called 'dispelling the flames of war between glasses of wine'!
Liu Yu nodded and said, "This acquisition is really not difficult, and Hong Kong Electric is undoubtedly a hen that lays golden eggs; electricity consumption is like people need to eat, and the ups and downs of the economy will not pose a big impact on electricity. At the same time, with the popularization of household appliances, electricity consumption will increase. If we increase our shares from 15% to 49% at this time; then we have spent the smallest price , and bought the biggest hen that lays golden eggs."

Rong Bensheng also added: "Not only that! In 1970, Hong Kong Electric built a fully computerized power plant in Ap Lei Chau, which uses fuel oil to generate electricity. It is expected to be put into use by the end of the 70s; The power plant can be dismantled, and then a large housing estate, hotel and other properties can be built, which is also a big profit!"

Since Rong Bensheng became Wu Guangyao's personal consultant, his vision has already jumped out of the jewelry industry, so he also has expertise in real estate.

Wu Guangyao was very pleased, what everyone said was also what he thought!
Wu Guangyao added: "Actually, Hong Kong Electric is a listed public company. Although we cannot privatize it, we can still use this kind of public company, which is very convenient! For example, this kind of public company has cheap land ; I have visited the power plant in Ap Lei Chau, and the power generation capacity is still not enough to meet the increasing electricity consumption of the island and Ap Lei Chau. Therefore, after we acquire Hong Kong Electric, we will find another place to build a larger one. I already have an idea for this place, which is Lamma Island; by then, the power plant site in Ap Lei Chau will naturally be able to develop a large housing estate with a beautiful sea view.”

"In general, although the profits of public companies will be restricted by the Hong Kong government, public companies can provide us with a great role in terms of land; at the same time, public companies can also provide stable dividends."

As far as Wu Guangyao knows, after the demolition of the North Point Power Plant in his previous life, a residential city garden project and a city garden hotel were built;
After the demolition of the Ap Lei Chau Power Plant, it was rebuilt into a residential Haiyi Peninsula (super-large housing estate);

These two projects are undoubtedly high-end residences, which brought a lot of profits to Hongkong Land and Li Chaoren respectively.

After discussing the necessity of the acquisition, the next step is to discuss the specific acquisition strategy.

At this time, Peter Lynch didn't know much about Hong Kong's finances, so he didn't express his opinion;

However, Peter Lynch's admiration for Wu Guangyao at this time has been deeply rooted in his bones;
Isn't it admirable to have predicted the oil crisis?

And Morse has followed Wu Guangyao for so many years, so he is definitely a Hong Kong expert;

Therefore, Morse took the lead in saying: "My opinion is to increase the shareholding to 35% first, and then gradually increase the shareholding ratio after looking for opportunities in the later stage; at the same time, you can choose to borrow part of the acquisition funds from the bank. Anyway, HK Electric's profits are stable. , You can use the dividend money to repay the loan.”

Wu Guangyao agrees with Morse's first opinion. After all, he knows that Hong Kong's stock market has not bottomed out yet, and there will be another year of bear market.

As for the second opinion, Wu Guangyao was a little embarrassed;
At this time, I already had $37 billion in movable funds;
The deposit interest of banks all over the world is no more than [-]%, and Hong Kong generally only has [-]%.
On the contrary, it is a loan interest as high as 12% to 15%, and of course there are low-interest loans.

This money, Wu Guangyao originally planned to buy the bottom of other countries;
For example, real estate and stock market in Japan, stock market and industry in the United States.
Moreover, the best time to enter the bargain hunting is next year.

At this time, the market value of Hongkong Electric has fallen from 40 billion Hong Kong dollars at its peak to 15 billion Hong Kong dollars;
Wu Guangyao himself owns 15% of the shares, and he will increase his holdings by 20%, which is expected to cost about 3.5 million Hong Kong dollars;
For Wu Guangyao, who has a deposit of up to 200 billion, it can only be regarded as sprinkling water.

"Boss, if we go to negotiate with HSBC, Chase and other banks, the interest is basically 10%, which is nothing compared to inflation! The important thing is, as you said, after the oil crisis, it is my Big opportunity, so we have to make sure we have enough cash flow so that we can source globally. I think every investment we make, we have to take as much as possible out of loans.”

Well, Wu Guangyao finally listened to Morse's professional advice;
And comforted himself in his heart, in fact, his thoughts were not wrong, after all, he had too many cash cows;

Plenty of ammo is always on hand!
Since the 'Guangyao Family Office' already owns 15% of HK Electric's shares, it is not suitable for a quiet acquisition to avoid being criticized;

"Acquisition of 20% of Hong Kong Electric's shares from public shareholders at an acquisition condition 20% higher than the market price; at the same time, Rong Bensheng and I represent the 'Guangyao Family Office' to enter the board of directors of Hong Kong Electric."

It is not too much to ask for two director positions at once;
If the management team of Hongkong Electric is disobedient, Wu Guangyao will even replace them directly.

In Hong Kong, there is no executive who dares to play tricks with Wu Guangyao!

Finally, everyone discussed how to distribute the oil in their hands, and everyone came to their spirits;
However, first of all, take care of the following stronghold of the Wu family - Hong Kong.

1973 was undoubtedly a special year for Hong Kong;
First of all, of course, the stock market plummeted, causing heavy losses to stockholders;

When the stock market is in decline, oil, which has always been called the "blood of industry and commerce", has experienced a sharp rise in oil prices and even a shortage of oil due to the rapid change in the situation in the Middle East.

Not only Hong Kong, but the whole world is caught in the oil crisis.

Hong Kong, as a city that imports energy without producing a drop of oil, naturally cannot survive the crisis alone.

The oil in Wu Guangyao's hands has undoubtedly become a favorite!

Wu Guangyao said: "My opinion is that we not only need to use oil to make a lot of money, but also to carry out a series of diplomacy! The United States, Britain, and Japan are the main places where my business is concentrated, so I plan to spend 1800 million Tons of oil will enter the three countries for sale. The remaining 200 million tons of oil will be used as the base camp in Hong Kong!"

"The boss's arrangement is very reasonable, then I will go to various countries to sell!" Morse stopped the job.

600 million tons of oil, for the UK, is a month's consumption;

For the United States, I am afraid it is only 10 days of consumption;

For Japan, it is almost 20 days of consumption;

But in any case, the oil crisis has reached a certain level, and the escort of the US President's plane has been cancelled, and the combat reserve oil has been used.

Therefore, 600 million tons of oil still has a great effect!
Hong Kong needs only 360 million tons of oil a year, so 200 million tons of oil can help Hong Kong tide over difficulties.

Of course, Wu Guangyao is not doing charity, and the price still depends on the six major oil companies.

(End of this chapter)