Chapter 544【Dinning the flames between glasses of wine】

  October, Hong Kong Island is very beautiful in autumn.

  However, the international situation is not peaceful;

  First, the Fourth Middle East War broke out in early October;

  Then, the oil crisis broke out in mid-October.

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

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

  I don’t even sell it to you!

  Changshi Building, top floor meeting room.

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

  Public companies such as China Gas, China Bus Company, and Hongkong Electric cannot be delisted at first, otherwise the government will cancel your franchise;

  Since it cannot be delisted and it is a long-term stable income, it is better to put it in a family office.

Wu Guangyao said: "Hongkong Electric is one of the top ten British listed companies in Hong Kong, but like Qingzhou Yingni, the large shareholder family that has no real meaning has always been an independent publicly held company. Therefore, this acquisition is not difficult. , Just follow the steps!"

  At this time, with Wu Guangyao’s position and financial resources, it is difficult to have an acquisition case in Hong Kong that would make him fight;

  This is the so-called ‘eliminate the flames between glasses of wine’!

Liu Yu nodded and said: "This acquisition is really not difficult. Moreover, Hongkong Electric is undoubtedly a hen who lays a golden egg. Electricity is just like people want to eat. The prosperity and decline of the economy will not cause too much power. At the same time, with the popularity of household appliances, electricity consumption will increase. If we increase our stake from 15% to 49% at this time, then we are equivalent to using the smallest price , I bought the biggest hen that lays golden eggs."

Rong Bensheng also added: "It's not just that! In 1970, the Hongkong Electric built a fully computerized power plant in Ap Lei Chau, using oil to generate electricity. The North Point Power Plant can be demolished, and then a large housing estate, hotel and other properties can be built. This is also a big profit!"

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

  Wu Guangyao is very pleased, what everyone said is what he thought!

Wu Guangyao added: "In fact, as a public company listed on the stock exchange, we cannot privatize the HEC, but we can also use this kind of public company, which is very convenient! For example, this kind of public company has cheap land. ; I’ve seen the power plant in Ap Lei Chau, and the power generation still cannot meet the increasing power consumption of the island and Ap Lei Chau; therefore, after we acquire the HEC, 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 develop a large housing estate with beautiful sea views."

   "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 the previous life, a residential urban garden project and an urban garden hotel were built;

  After the Ap Lei Chau Power Plant was demolished, it was converted into a residential South Horizons (super large housing estate);

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

  After discussing the necessity of 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 comment;

   However, Peter Lynch’s admiration for Wu Guangyao at this time is already deep in his bones;

  Can predict the oil crisis, isn’t this something admirable?

   And Morse has been following Wu Guangyao for so many years, it is definitely a Hong Kong pass;

Therefore, Morse first said: "My opinion is to increase the shares to 35% first, and then look for opportunities to gradually increase the shareholding ratio. At the same time, the acquisition funds can choose to borrow part of the bank. Anyway, the profit of the Hongkong Electric Company is stable. , You can use the dividend money to repay the loan."

  Morse’s first opinion, Wu Guangyao agrees very much. After all, I know that Hong Kong’s stock market has not bottomed out, and there will be a bear market for another year.

  As for the second opinion, Wu Guangyao is a bit embarrassed;

  At this time, he already has $3.7 billion in movable funds in his hands;

  The interest rate on deposits in banks around the world is no more than 4%, and generally only 3% in Hong Kong;

  In contrast, loan interest is as high as 12% to 15%. Of course, there are also low-interest loans.

  This money, Wu Guangyao originally intended to buy the bottom of various countries;

  For example, the real estate and stock market in Japan, and the stock market and industry in the United States.

  Moreover, the best time to enter the dip is next year.

  At this time, the market value of Hongkong Electric has reached its peak of 4 billion Hong Kong dollars, falling to 1.5 billion Hong Kong dollars;

  Wu Guangyao owns 15% of the shares, and increases his holding of 20% of the shares. It is estimated to spend about 350 million Hong Kong dollars;

  For Wu Guangyao, who has a deposit of up to 20 billion, it can only be regarded as sprinkling water.

"Boss, if we talk to banks such as HSBC, Chase, etc., the interest rate is basically 10%, which is nothing compared to inflation! The important thing is, as you said, after the oil crisis, it is mine. Great opportunity, so we must ensure that we have sufficient cash flow so that we can purchase globally. I think that we must take part of our loans as much as possible for every investment."

  Well, Wu Guangyao finally listened to Morse’s professional advice;

   And comforted himself in his heart, in fact, his thoughts are not wrong, after all, he has too many cash cows;

  Sufficient ammunition can be provided at any time!

  Because ‘Guangyao Family Office’ already owns 15% of the shares of HEC, it is not suitable for a quiet acquisition to avoid being criticized;

  "On the acquisition condition of 20% higher than the market price, we will acquire 20% of the HEC shares from public shareholders; at the same time, Rong Bensheng and I will enter the board of directors of the HEC on behalf of the ‘Glory Family Office’.”

  It’s not too much to ask for two directorships all at once;

  If the Hongkong Electric’s management team is disobedient, Wu Guangyao will even replace them directly.

  In Hong Kong, no executive has dared to play with Wu Guangyao!

  Finally, everyone discussed how to distribute the oil in their hands, and everyone came to their spirits;

  However, we must first take care of Hong Kong, the home base of the Wu family.

  1973 is undoubtedly a special year for Hong Kong;

  First of all, the stock market plummeted, causing stockholders to suffer heavy losses;

  As the stock market is going downhill, oil, which has always been referred to as the ‘blood of industry and commerce’, has also seen soaring oil prices and even oil shortages due to the rapid changes in the Middle East situation.

  It's not just Hong Kong, the whole world is caught in an oil crisis.

  Hong Kong is an energy-importing city that does not produce dripping oil. After a few hits of this crisis, it is natural that Hong Kong cannot be alone.

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

Wu Guangyao said: "My opinion is that we should not only use oil to make a lot of money, but also start a series of diplomacy! The United States, the United Kingdom, and Japan are the main centers of my business, so I plan to spend 18 million. Tons of oil will be sold in three countries. The remaining 2 million tons of oil will be needed for Hong Kong’s base camp!"

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

  6 million tons of oil, for the United Kingdom, 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 anyway, the oil crisis has reached a certain level, the US presidential aircraft has cancelled escort, and the war preparation oil has been used.

  So, 6 million tons of oil still has a great effect!

  Hong Kong needs only 3.6 million tons of oil a year, so 2 million tons of oil can help Hong Kong tide over the difficulties.

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

  (End of this chapter)