Rebirth of the Financial Crisis Sweeping the World

Chapter 136 136【46 million, this is all I have! 】

Then Feng Shaokun was silent for a while, and said with a smile: Guanxi, others will liquidate their positions, but I don't think you will. Maybe the stock price of China Resources Beer will plummet tomorrow.

After all, the stock price of China Resources Beer has been rising steadily during this period of time.

It has risen from the 15.00 position to the 36.00 position.

Especially today, the rise is the fiercest. After all, things must be reversed at the extreme. The harder the rise, the harder the fall.

In particular, Wang Guanxi's repeated short selling ended up making money, and he has already blindly worshiped Wang Guanxi.

Maybe small retail investors can really cut off big dealers.

Wang Guanxi laughed: I hope so.

Now he has a floating loss of 30 million Hong Kong dollars in his account, but he is still very confident.

At this time Feng Shaokun's phone rang, and it was his friend Li Guangyu calling.

After connecting.

Feng Shaokun asked: Lao Li, what's the situation now?

Li Guangyu sighed endlessly: MD, I just broke my position and lost 280 million!

Old Feng, first lend me 100 million slowly

Feng Shaokun: I don't have that much cash now, and many assets are tied up, so I can't sell them.

Li Guangyu sighed: Okay, I'll think of another way.

By the way, I plan to sell the film and television company under my name, and I have two properties. Are you interested?

Feng Shaokun: I want to buy now, but I can't do it. I'm short of cash now. I want to keep Wing Hang Securities' liquidity sufficient to deal with the crisis that may exist this year.

Li Guangyu: The crisis that exists this year? What kind of crisis can there be?

Feng Shaokun said with some concern: The US real estate market has collapsed, and many debts have defaulted.

Li Guangyu smiled and said: The real estate crash is not normal. It's okay. It will recover soon. You are making too much of a fuss. Isn't it just the collapse of American real estate?

By the way, you have a friend who wants a film and television company, a house, let him contact me, I'm short of money now

Feng Shaokun suddenly thought of something, and said, I have a friend who wants an entertainment company now, I'll ask him.

Okay, hurry up and ask, Li Guangyu urged on the phone.

Then Feng Shaokun said to Wang Guanxi who was drinking tea in the distance: Guanxi,

My friend is going to sell a film and television company, are you interested in taking a look?

Film and television company? Wang Guanxi put down his teacup and said with a smile, Okay, I'm planning to buy a small film and television company.

Feng Shaokun: Don't worry, his film and television company is not big, you can buy it

After communicating with Li Guangyu on the phone, he said to Wang Guanxi, Guanxi, are you free to go there now? Li Guangyu said the price is right, so I will sell it to you directly.

Okay, you can go now

By the way, what's the name of the company? Where is the location?

Xingyao Film and Television Company, located in Wanchai District, Sibao Building

Okay, let's go and have a look now. Wang Guanxi called Lawyer Liu again after speaking.

At 4:45 p.m., Wang Guanxi and others came to Sibao Building in Wanchai District.

Xingyao Film and Television Company is on the 15th floor of the building.

Li Guangyu was waiting in front of Da Xia, and after seeing Feng Shaokun, Wang Guanxi and others, he quickly came up to him.

Hello, Mr. Wang

Hello

After the two shook hands, Wang Guanxi was no longer polite, and said straight to the point: Mr. Li, go and see the company now. If it suits you, we can make a deal right away.

Okay, I just like a man as proud as Mr. Wang, please! Li Guangyu made a gesture of invitation.

So everyone came to the 15th floor together, the company headquarters.

The business of Xingyao Film and Television Co., Ltd. is film and television investment, film and television production, film and television distribution, animation production, post-production, artist brokerage, advertising marketing, etc., and it has its own studio, clothing props library, and one-stop operation.

Not bad, it’s okay, then I looked at the financial statements, the company’s cash flow, the company’s current debt is 20 million, and the 20 million debt is a long-term loan, and the company’s assets are about 70 million, and its net assets are about 50 million. It's definitely not worth that much money.

The cash flow is good, with 20 million Hong Kong dollars in cash, which is a loan not long ago.

Wang Guanxi said: 37 million, if you sell it, we will close the deal immediately.

Although the net assets are 50 million, many of TM's fixed assets are shrinking. If they sell all of them now, they will definitely have to discount a lot.

In addition, the company has borrowed 20 million yuan and plans to shoot a movie.

However, the company's profit for the whole year is not much in one year.

Moreover, in Wang Guanxi's No. 2 fund, there is only 37 million.

Li Guangyu's face was filled with incredulity. My company's net assets are already 50 million, so you have the nerve to ask for a price of 37 million?

No, I can do it with 60 million. My company's net assets are already 50 million. Including the company's brand, talents, and reputation, it is worth at least 60 million.

Wang Guanxi immediately said: You do the math, the net assets are properties, and you also count the restaurant, it's not worth much, and you all lost money last year, and you paid 20 million Hong Kong dollars in loans this year. It’s a debt bomb, if the movie you made this year loses money, the 20 million loan will have to be repaid by selling assets.”

37 million, Mr. Li, please think about it carefully

Wang Guanxi was not polite either, he spoke directly and clearly.

Li Guangyu blushed a little and said, 50 million is enough? The company's net assets are 50 million. You should give me at least 50 million.

37 million, that's too little. I might as well close the company and sell all the company's assets. With 50 million net assets, I can get at least 40 million in cash, plus the company's brand, talents, and reputation. At least 10 million Hong Kong dollars.

The two add up, 50 million, this is the lowest price, Mr. Wang, you should also think about it carefully

Wang Guanxi struggled for a moment, and said, 46 million, this is all I have!

Li Guangyu's heart was shocked!

46 million small bucks?

He was speechless for a moment.

Is this Wang Guanxi rich?

What! Why is the rich so stingy?

After struggling for a while, he said, Okay, 46 million is 46 million. I need cash now. If you give me 46 million, the company will be yours.

In the past, he would not have sold 60 million Hong Kong dollars, but now he is very short of money, so he sold 46 million.

This Xingyao Film and Television Company does not make much money, far less than Dingyi Financial Company. If it is a choice, it is naturally a financial company. This time, it shorted the stock of China Resources Beer, and its position was liquidated. It lost 280 million Hong Kong dollars. It is in urgent need of cash. Wan, think of a way again, it is enough.

Okay, Lawyer Liu draws up the contract. Then Wang Guanxi said to Feng Shaokun, Brother Feng, borrow another ten million.

There is only 37 million in his No. 2 fund, which is not enough money.

Okay, no problem. Feng Shaokun also readily agreed, and directly transferred 10 million Hong Kong dollars to Wang Guanxi.

Then the contract was drawn up, and Wang Guanxi signed the contract with Li Guangyu.

Then pay Li Guangyu 46 million Hong Kong dollars.

Happy cooperation!

Happy cooperation!

Two people shake hands.