svetikya Page 39
Page 39
Because he had just finished researching Wharf Holdings and found it to be an undervalued stock.
Moreover, the location of the Wharf pier is a prime location, as it is right next to Tsim Sha Tsui.
If the dock is moved, then this land can be converted from transportation land to commercial land.
Its value then would not be the same as it is now.
It's important to understand that transportation land and commercial land are worlds apart.
Therefore, Li Ka-shing of Cheung Kong Property Holdings estimates that Wharf Holdings' reasonable share price is HK$50, which is HK$35 less than the current HK$15.
But before he could buy in, Wharf Holdings' share price rose by 13 percent within a few days.
"Quickly check who bought it next?"
"Buy while investigating."
Li Ka-shing angrily said to the trader he had hired.
"Okay, Mr. Li."
Upon hearing this, the Li family's trader, looking dejected, went to both buy and investigate.
...
After Li Ka-shing entered the market, he caught the attention of Uncle Si. After inquiring, he learned that Li Ka-shing was going to acquire Wharf Holdings, so he immediately called Ni Yongjun.
"Hey, Mr. Ni."
"Now Li Ka-shing of Cheung Kong Property Holdings is going to enter the market and snap up shares."
"Therefore, accumulating shares through fluctuations is no longer suitable."
Fourth Uncle told Ni Yongjun about the current situation.
"How much have you bought so far?"
Upon hearing this, Ni Yongjun inquired about the current shareholding.
"I bought 10.5 million shares in the past few days, with an average cost of HK$16 per share, spending a total of HK$168 million."
Including the previous 4.5 million shares, the holdings reached 15 million shares, representing 15% of the total shares.
Fourth Uncle explained these data to Ni Yongjun in detail.
"If Li Ka-shing enters the market, then we won't buy in during the fluctuations; we'll just buy in aggressively from the start."
When Ni Yongjun heard that he had only spent 160 million to buy more than 10 million shares, he was confident that he could drive up the price of the shares so that Li Jiacheng would not make much money even if he bought them.
Moreover, he had ample funds; of the total 710 million, he had only spent 160 million, leaving 550 million unused.
They could easily buy up a large number of shares, allowing Li Ka-shing, who was following suit, to buy at the peak.
“Mr. Ni, it’s easy for someone to find out the amount of shares you hold if you buy with just one account.”
"So I bought shares through several accounts so that others wouldn't know the actual number of shares we held."
When Uncle Si heard that Ni Yongjun was going to buy with all his might, he recommended this method of buying with both open and hidden positions to Ni Yongjun.
"Okay, we'll do it your way."
When Ni Yongjun heard his fourth uncle say this, he agreed.
As soon as the market opened in the afternoon, multiple accounts placed high-priced orders to buy large quantities of Wharf Holdings shares.
This immediately raised Wharf Holdings' stock price from seventeen yuan to twenty yuan.
"Hey, Mr. Li."
"Wharf Holdings shares have suddenly risen by twenty dollars, and you still bought in?"
Lee Ka-shing's trader was stunned by Uncle Four's trading methods. He didn't know what to do and could only call Lee Ka-shing for advice.
Because the price is too high, the decision needs to be made by the owner, Li Jiacheng.
"What?"
"Which loser immediately grabbed the chips?"
"Just buy it directly. Anything under 25 yuan is fine. Don't ask me."
Li Jiacheng had just finished work and was having lunch when he heard a call from the trader. As he spoke, he angrily slammed his fist on the table.
The food was knocked over, spilling sauces onto the table and onto Li Ka-shing's expensive suit.
After putting down his phone, Li Jiacheng hurriedly stood up and pulled it out with his hand, looking quite disheveled.
Just then, Li Ka-shing's phone rang again.
"Hey, Mr. Li."
"I haven't bought in yet, and the stock price has already risen to 25 yuan. What should I do now?"
Just as Li Ka-shing's trader was about to place an order, he noticed that Wharf Holdings' stock price had risen from HK$20 to HK$25.
So he couldn't place an order and had to call Li Ka-shing.
"Fuck you, you're a fucking bastard."
"Buy directly below 35 yuan."
When Li Jiacheng heard the trader say that, he was so angry that he swept all the crooked plates and bowls off the table while cursing.
crackling and popping
Instantly, the sounds of plates and bowls falling and shattering rang out in rapid succession.
...
The Jardine Matheson consortium saw its Wharf Holdings share price jump from HK$17 to HK$30, and then to HK$35 an hour later.
He sensed something was wrong because this purchase was aimed at an acquisition.
For certain reasons, he gradually reduced his stake in Wharf Holdings from 30% to 15%.
That's why Wharf Holdings' share price fell from HK$35 to HK$15.
Although he is now the largest shareholder, he only holds 15% of the shares.
If the acquiring party holds 50% of the shares, he will lose control and have to relinquish his position as chairman.
Once he loses his position as chairman, his stock is at risk of further decline.
Because he cannot oppose the chairman's decisions, the company's assets will suffer losses, and if there are losses, the annual report will look bad, and if the annual report looks bad, the stock price will plummet.
So he picked up his phone and called HSBC manager Sir Michael Sandberg, asking him to mediate and stop the acquisition.
..............
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Chapter 61 Ni Sheng wants to enter the entertainment industry?
HSBC manager Sir Michael Sandberg received a call from Jardine Matheson, and after a brief conversation, he agreed to mediate.
Why did the Jardine Matheson Group need him to mediate?
Although he was a foreigner, he had close ties with several Chinese businessmen in Hong Kong.
Therefore, it is more appropriate to ask him to step in.
Moreover, he is a manager at HSBC, so offending him is tantamount to offending HSBC.
Offending HSBC means you won't be able to borrow money.
The largest bank on Hong Kong Island is HSBC; other smaller banks simply don't lend much money.
But when Shen Bi inquired, he found that it was a name he did not recognize.
"Ni Yongjun?"
While having people inquire about Ni Yongjun's information, Shen Bi also made phone calls to Ni Yongjun.
"Hey, Mr. Ni."
"I am Sir Michael Sandberg, the tycoon of HSBC. Are you free tonight? I would like to invite you to dinner at the Mandarin Oriental Hotel."
Shen Bi's fluent Mandarin came through Ni Yongjun's phone.
But Ni Yongjun could still hear something different.
He had heard of Sir Michael Sandberg, the manager of HSBC.
He then agreed to the dinner that evening.
Night fell quickly.
Ni Yongjun arrived at the Wenhua Hotel in a Mercedes-Benz W14, and then went into a private room on the second floor.
When a white-haired foreigner in his forties saw Ni Yongjun enter, he immediately stood up to greet him, extending his right hand as he spoke.
"Mr. Ni, you are truly a promising young man."
"I'm so glad you would do me the honor of having dinner with me."
Sir Michael Sandberg was very skilled at using the polite phrases that Chinese people exchange.
"Mr. Shen, you're too kind."
Ni Yongjun smiled as he spoke, gesturing for everyone to sit down.
The two then sat down, and the waiter began to bring the dishes down.
After the waiter finished serving the dishes and came out, Shen Bi looked Ni Yongjun over for a while and then said:
"Mr. Ni, are you interested in taking out a loan from HSBC?"
"I heard that your five Foxconn Electronics factories are doing well. Have you considered expanding your business?"
"Shen Taipan, how big is Hong Kong Island? How many electronics factories can it accommodate?"
Ni Yongjun casually declined the request to borrow money from HSBC.
“Ni Sheng, you have ambition.”
“Hong Kong Island cannot accommodate Foxconn.”
Shen Bi was also surprised when he heard Ni Yongjun's domineering words.
He hadn't expected Ni Yongjun to have such ambitious goals, setting his sights directly on Southeast Asia.
"Boss Shen, you didn't invite me in tonight just to solicit business, did you?"
"Just say what you need to say."
Ni Yongjun ignored Shen Bi's flattery and went straight to the point.
"I need Mr. Ni's help with something."
Shen Bi's conversation was disrupted by Ni Yongjun. He remained silent for a moment before directly asking for guidance.
"Oh, tell me about it."
While eating fish with chopsticks, Ni Yongjun casually asked a question.
"I heard that Mr. Ni recently acquired 20% of Wharf Holdings' shares. I wonder if Mr. Ni is planning to acquire Wharf Holdings?"
Shen Bi looked at Ni Yongjun and asked directly.
"It's just pocket money to play around with. If I'm happy, I'll acquire Wharf Holdings; if I'm not, I'll just leave it at that."
Ni Yongjun flipped the fish over to eat it while casually replying.
Shen Bi was taken aback by Ni Yongjun's words, so he remained silent and watched Ni Yongjun eat fish.
Because the pocket money that Ni Yongjun mentioned was equivalent to 20 million shares of Wharf Holdings.
Keep in mind that a single share of Wharf Holdings is currently worth HK$35, so 20 million shares would be worth HK$700 million, which is equivalent to US$100 million.
Who has this much pocket money?
“Mr. Ni, the major shareholder of Wharf Holdings, Jardine Matheson, has contacted me and asked me to mediate between you.”
"Could you please give us some face and stop the acquisition?"
After remaining silent for a long time, Shen Bi spoke directly, asking for guidance.