Chapter 28 The richest woman
After all, I still lived outside for too long.
Even though he has systematically studied finance in a business school, Fan Liancheng still cannot understand why some people just want to make a fortune in the stock market and then withdraw, but do not want to run the company safely and securely in order to gain more long-term benefits.
Based on what he has learned, he feels that it is mostly because the economy is developing too fast and the securities trading system still has drawbacks.
The only reason that "through other channels, you can get more benefits in the short term" can explain that other shareholders only want to go public and make money, rather than working hard to run a high-quality company with clear potential.
After listening to the answer given by Lao Fan, Fan Liancheng finally understood why his old man was targeted by other executives. If he blocked other people's financial paths, it would naturally cause rebound and resistance.
At this point, Fan Liancheng chose to stand in the same camp as his father.
Longcheng Group is a company that has worked hard for its parents. It has invested countless efforts to develop to its current scale. It cannot ignore the current possible crisis just because it wants to make a beautiful financial report to push up its market value before going public.
The growth rate of land prices has been too fast since the beginning of this year, and the stock market has been even more popular, almost crazy.
Even when you are far away in London, you can see the news that the Chinese stock market is ushering in a bull market and the index has doubled several times. Even if there is a reason for rapid economic growth, it still seems unnatural.
Based on many similar scenarios in history, fanaticism often means bubbles and crises, such as the Internet bull period in the 1990s, such as the earlier "Japanese miracle", which is mostly left with only a mess in the end.
In the current context, Fan Liancheng feels that he wants to be more cautious and hold his money and wait and see, but he can't make any big mistakes.
He has seen the financial reports of Longcheng Group over the years, especially the recent trends, and has been steady and steady, showing a steady upward trend. Profits have increased year by year, and the debt ratio accounts for only 30% of the total assets, far lower than those in the industry.
The father and son came to the dining table to sit down, and had cooked four dishes and one soup, which was fragrant.
Putting the cake on the dining table, Fan Liancheng said: "You really don't look like an old fox this time. You are not lucky. You just happened to investigate and hit the gun. But the situation on the company is very good. As long as you can maintain your voice, others will just jump around for a few times and can't cause too much storm. I don't believe that when our family already holds nearly 40% of the shares, you can't even find a helper. If there are more shareholders supporting you, you will have more than half of your voice."
He shook his head, picked up the chopsticks to eat the food, and said:
"Don't worry too much when I'm here. Isn't this just about to go in? And I also have to worry about what to do after the listing. You are too young and can't compete with them. Don't mention the others. You will definitely not be able to distribute cash before listing, and you must also consider the matter of hoarding land.
The recent situation reminds me of the South China Sea bubble. A group of real estate companies flocked to the sky, and land prices kept soaring and jumping. I couldn't sit still, and finally fell into it. Seeing that the property that had invested tens of millions of yuan suddenly shrank by more than half, and I still remember it deeply until now. So this time I was careful. Others kept borrowing money to hoard land. I just followed the steps, and I could take it as much as possible, so as to ensure that it was enough, so as not to acquire land at a high price, and finally it was in my own hands. I didn't see the market before, and I took too little land, and now the price was high, so I couldn't be impulsive."
Fan Liancheng also started to use chopsticks, simply treating the cake as a dessert after meals, without the intention of lighting candles to make a wish.
He continued to ask: "I saw a real estate group called Manyuanchun online. It was just listed on the Hong Kong stock market in April. The IPO issue price was 5.38, and the listing premium was 35%. The total market value rose to nearly 120 billion Hong Kong dollars that day. The major shareholder is a woman, only in her twenties. Why didn't you go there to list at that time? The order is better and investors are more rational."
"Mr. Zhang has indeed become a big deal. I have known the founder of Manyuanchun Real Estate for many years. Before going public, he gave all his shares to his only daughter. Recently, the girl became the richest woman with her father's shares. I went to participate in her marriage last year.
Our company is in different situations. They hold 70% of the shares before listing, and after dilution, they can still ensure that they have the right to speak. Our family also has to ask others for help, and they will lose their position as chairman if they are not careful. When I was about to go public, Mr. Zhang's Manyuanchun had not really listed yet. If I knew that the situation could be so good, I would directly calculate the valuation based on more than 20 times the annual profit. I also went there to go public. At that time, I heard from someone from the Hong Kong Stock Exchange that I found me, but I felt that the restructuring was too troublesome and had to meet various requirements. In the end, I chose an exchange close to my home."
“…so hasty.”
"Actually they are the same, but they are indeed bigger, especially after getting the money, they have been getting land more crazy recently, and they are still carrying out projects in some suburbs, second- and third-tier cities. To be honest, I am looking for someone to help me study and learn their model recently. You can learn more and try to spend ten years to be the richest man. Others can do it, but why can't you?"
Fan Liancheng calculated that if he took over the inheritance and combined with Lao Fan's total wealth, he would only be one-third of her wealth, and he would immediately lose confidence.
Confidence needs to be cultivated, and he has been so sweet that he has been so sweet for a long time. He rolled his eyes and said, "The gap is tens of billions, how many dollars do you think it is hundreds of dollars? How many properties do you need to sell to catch up with it, just about the same thing. Compared to whether you can become the richest man, I am more worried about whether you will ruin your business. Before you go in, you will find a capable executive to help manage the company. I will be responsible for helping you keep an eye on it. I will first agree that I will continue to study when you come out, and you are not allowed to stop it at that time."
When Fan's father heard this, he smiled happily and had his own plans.
I was thinking that after trying to get hundreds of millions of dollars in and out of my hands, can I still be willing to be a cashier and earn dozens of pounds of salary every day?
So he calmly replied: "Don't worry, I just ask you to come back and help me. After my troubles are solved, I don't care about you even if I go to beg for food. How have you learned a car recently? Take the time to get your driver's license exam. Go to the company with me when you have time, visit me and meet more people."
...
I ate some cake symbolically and distributed the rest to the security guards and nannies.
Fan Liancheng has a more Chow Chow as a pet, and a more puppy kennel is also available in the garden. Before he could think of the name, he kept it first.
The little guy is cute and cute. He often keeps up for a long time and doesn't like to yell. He only hums a few times after he is hungry. He probably can't count on the guards' house, which is far from the enthusiastic dog that Fan Liancheng expected.
The main advantage is likability, just standing there will make people feel stupid and cute.
That night, Fan Liancheng and the little guy sneaked to the golf course. There were street lights everywhere, and there were still people practicing football.
Not far away, a group of men and women were busy barbecuing. They saw sports cars and luxury cars parked on the roadside, probably all second-generation people.
Fan Liancheng smelled the barbecue smell in the wind, which was so fragrant. Seeing that the little guy at his feet were also smelling it, he walked over there unconsciously, and laughed in silence.
Chapter completed!