Chapter 0895 Only use high-yield money even if you are grateful
"Sir Gao, I'm here to bring in some reinforcements." Zhang Yuliang turned to the topic and explained his intention. In Gao Xian's view, there was a sense of conflict between spirits that was both true and false. "John Madden is looking for me."
When an outsider came to deal with me, he secretly resold the shares of Wheelock he held to Qiu Teck-bat in order to seize control of Wheelock."
"Since he is unkind, don't blame me for being unjust. Sir Gao, I would like to ask the Happy Group to take action to fully acquire Wheelock. As long as it can repel Qiu Deba's plan to fully acquire Wheelock and prevent John Madden from
If you are satisfied, then I am willing to resell all the Wheelock shares held by the Zhang family to Xinghe Group, and the price is negotiable."
"Sure enough, this happened." Gao Xian murmured to himself. Although he was very disdainful for the negative performance of the Madden family and the Zhang family after Xiangjiang entered the transition period, he did not need to show it. He just asked calmly.
, "How much equity do you two hold in Wheelock?"
"A and B shares combined, I hold 23.5% of the effective control rights, and John Madden holds 13.5% of the effective control rights." Zhang Yuliang replied: "
Recently, the price of Wheelock's A-shares has risen from 4.1 yuan per share to over 5 yuan per share. I believe that the Falwin Company newly established by Qiu Tak-ba in Hong Kong is quietly sucking in Wheelock shares."
Last year, in order to strengthen their control over Jardine, the Keswick family planned to engage in Jardine B-shares. As a result, it was rejected by the Hong Kong government amidst the public outcry and the B-share mechanism was basically banned. However, there are still a handful of problems in the Hong Kong stock market.
Wheelock is one of the few listed companies using A shares and B shares.
The reason why this special case exists is not because Wheelock is so good, but because of the brutal growth of the industry and the serious lack of supervision during the Hong Kong stock market boom in the early 1970s.
The essence of B-shares is to gain as much control as possible at the lowest possible cost. Wheelock started playing tricks with A-shares and B-shares in January 1972, naturally to achieve this purpose, and precisely
This reflects that at that time, although the Madden family and the Zhang family were at odds with each other, they still had to maintain a delicate balance to jointly eliminate the risk of unstable control caused by Wheelock's over-expansion.
In fact, the Hong Kong stock market does not like the above-board issuance of B-shares. The lack of vitality in Wheelock's stock price is the best proof. Among the four major British-owned foreign banks, it has the worst performance, so much so that it was
Senior investors are called "Blue Lanterns".
According to Chinese traditional customs, all happy events must be decorated with lanterns and bright red lanterns. Only during funerals are blue lanterns hung.
The logic that links Wheelock stock and Blue Lantern is that in every rising stock market cycle, while the prices of big blue chip stocks such as Jardine Matheson, Swire, and Hutchison are rising steadily, the price of Wheelock stock often remains unchanged, or
After a perfunctory rise of only a few prices, once the price of Wheelock stock rises for everyone to know, it means that this bull market is about to end.
This is also one of the reasons why the price of Wheelock's A-shares has recently risen from the range of four yuan per share to the range of five yuan, which is called an abnormality. If the price of other blue-chip stocks rises by one yuan, it is ordinary, but the blue lantern stocks
Wheelock means unusual.
Under such circumstances, the cost of a comprehensive acquisition of Wheelock is certainly far from being comparable to that of a comprehensive acquisition of Land and Jardine Matheson. Gao Xian made a preliminary estimate that it should be around 2 billion Hong Kong dollars, which is not a big deal.
Of course, only a big shot like Gao Xian is qualified not to regard two billion Hong Kong dollars as a big deal.
However, although with the help of Zhang Yuliang, the leader, it would be easy for Gao's business empire to acquire Wheelock, Gao Xian's interest can be described as very little.
The reason is obvious. Through the acquisition and digestion of Land, Jardine and Gao's business empire, the diversified operations have been very comprehensive. Wheelock has all the businesses; Wheelock has all the businesses that Wheelock does not have.
Once Wheelock is in your mouth, it’s a bit difficult to digest it. So what’s the reason to buy Wheelock?
Gao Xian has not yet become arrogant. There are no companies or industries in Xiangjiang that can enter his own level of discernment, but Wheelock is indeed useless. If Wheelock has businesses like telecommunications and aviation, he will definitely not say anything.
To satisfy Zhang Yuliang's wishes, he took action to capture Wheelock.
As for John Madden’s feelings, he has already evacuated from Xiangjiang. Is it still necessary to take care of him?
"Wheelock is worthless. It's tasteless and it's a pity to throw it away." Gao Xian touched the beard on his chin and said slowly: "Sheng Zhang, the businesses of Wheelock and Happy Group overlap too much. Happy Group
It is really not suitable for a comprehensive acquisition of Wheelock. How about this? I will look for a buyer for Zhang Sheng. He definitely has enough strength and reputation to successfully take over so many Wheelock stocks from Zhang Sheng, and can also help Zhang Sheng.
Zhang Sheng was relieved of his sullen mood."
Seeing that Gao Xian declined Gao Xian's proposal to acquire Wheelock, Zhang Yuliang couldn't hide his disappointment, "Does Sir Gao already have a candidate?"
"Of course." Gao Xian smiled slightly, "Although Sir Bao acquired Wharf a few years ago, in terms of the scale of the consortium, compared with Li Bancheng, a rising star, it is still a little less interesting. If Defeng is included in the bag, then it will
It’s enough to be on equal footing, I believe Sir Bao will never refuse, and will give you a good price, venting your anger and making a profit at the same time.”
Zhang Yuliang was a little hesitant, "Sir Pao and the Madden family have a very close relationship and have been cooperating since the 1950s. I heard that in order to celebrate the 60th birthday of John Madden's father, George Madden, Sir Pao
I spent a lot of money to buy a longevity scroll in the middle hall and sent it to George Madden. George Madden liked it very much and it became a good story for a while."
"Zhang Sheng, how can you be confused by these appearances." Gao Xian laughed loudly, "The Marden family is famous for their arrogance towards us Chinese. Only he knows best how much arrogance Sir Bao suffered back then.
, the so-called good story requires him to become the world's shipping king. This kind of relationship of seeing things through but not telling them through is just the same thing."
Zhang Yuliang thought about it and realized that this was indeed the case, "Then Sir Lago will help me find out what Sir Bao said. I will ask Gaoyi to take care of the Wheelock stock in my hand."
Gao Xian didn't care that Zhang Yuliang was "taking over" him. He immediately set off to find Bao Yugang. After the meeting, he told the story of the incident as if he were pouring beans out of a bamboo tube.
As expected, Bao Yugang could not refuse Wheelock's temptation at all. He made no secret of his eagerness, "Sir Gao is so accomplished, I don't even know how to thank him."
Gao Xian said with a smile: "It's simple. The loans required by Sir Bao to fully acquire Wheelock can only be obtained with high-yield money."
Bao Yugang was slightly startled. Gao Xian was asking himself to exclude Huifeng and Standard Chartered. He joked: "The financial consultant for the acquisition is also Gaoyi."
Gao Xian waved his hand, "Sir Bao must have his own financial advisor. How can I dare to point fingers? It would be interesting for Sir Bao to take care of the business of Gao's Bank Group."
"Okay, it's settled." Bao Yugang agreed happily.
The acquisition of Wheelock with only Gaoyi's money means that Wheelock's subsequent asset restructuring cannot be separated from Gao's Banking Group. The current account is only the minimum, but this is not a difficult choice for Bao Yugang.
Chapter completed!