I Want To Be a Rich Man on Hong Kong Island

In October, Hong Kong Island is crisp and clear.

However, the international community is not calm;

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

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

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

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

I will not sell it to you for any money!

.....

Cheung Kong Building, meeting room on the top floor.

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

Public companies such as China Gas, CMB, and Hongkong Electric cannot delist first, otherwise the government will cancel your franchise;

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

Wu Guangyao said: "Hong Kong Electric is one of the top ten British-funded listed companies in Hong Kong, but like Qingzhou Yingni, it has no real major shareholder family and has always been an independent public company. Therefore, this acquisition is not difficult. , just follow the steps!"

At this time, with Wu Guangyao's status and financial resources, it is very difficult for him to have a big acquisition case in Hong Kong;

This is the so-called 'dispelling the flames of war between a glass of wine'!

Liu Yu nodded and said, "This acquisition is really not difficult, and Hong Kong Electric is undoubtedly a hen that lays golden eggs; electricity consumption is like people need to eat, and the ups and downs of the economy will not affect the store too much. At the same time, with the popularization of household appliances, electricity consumption will increase. If we increase our shares from 20% to 49% at this time; then we are equivalent to using the smallest For the price, I bought the biggest hen that lays golden eggs."

Rong Bunsheng also added: "Not only that! In 1970, Hong Kong Electric built a fully computerized power plant in Ap Lei Chau, which uses fuel oil to generate electricity. It is expected to be put into use by the end of the 1970s; The North Point Power Plant can be dismantled, and then a large housing estate, hotel and other properties can be built, which is also a big profit!"

Since Rong Bensheng became Wu Guangyao's personal advisor,

His vision has already jumped out of the jewelry industry, so he also has expertise in real estate.

Wu Guangyao was very pleased, what everyone said was also what he thought!

Wu Guangyao added: "Actually, Hongkong Electric is a listed public company. Although we cannot privatize it, we can still use this public company, which is very convenient! For example, these public companies have cheap land ; I have visited the power plant in Ap Lei Chau. The power generation capacity is still not enough to meet the increasing electricity consumption of the island and Ap Lei Chau. Therefore, after we acquire Hongkong Electric, 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 be able to develop a large housing estate with a beautiful sea view.”

"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."

As far as Wu Guangyao knows, after the demolition of the North Point Power Plant in his previous life, a residential city garden project and a city garden hotel were built;

After the demolition of the Ap Lei Chau Power Plant, it was rebuilt into a residential building, South Horizons;

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

After discussing the necessity of the 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 express his opinion;

However, Peter Lynch's admiration for Wu Guangyao at this time has been deeply rooted in his bones;

Isn't it admirable to have predicted the oil crisis?

Morse has followed Wu Guangyao for so many years, and he is definitely a Hong Kong expert;

Therefore, Morse took the lead in saying: "My opinion is to increase the shareholding to 35% first, and then gradually increase the shareholding ratio after looking for opportunities in the later stage; at the same time, you can choose to borrow part of the acquisition funds from the bank. Anyway, HK Electric's profits are stable. , You can use the dividend money to repay the loan.”

Wu Guangyao agrees with Morse's first opinion. After all, he knows that Hong Kong's stock market has not bottomed out yet, and there will be another year of bear market.

As for the second opinion, Wu Guangyao was a little embarrassed;

At this time, I already had $3.7 billion in movable funds;

The deposit interest of banks all over the world is no more than 4%, and Hong Kong generally only has 3%.

On the contrary, it is as high as 12% to 15% loan interest.

This money, Wu Guangyao originally planned to buy the bottom of other countries;

For example, Japanese real estate, stock market, American stock market, industry......

Moreover, the best time to enter the bargain hunting is next year.

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

Wu Guangyao himself owns 15% of the shares, and he will increase his holdings by 20%, which is expected to cost 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 go to negotiate with HSBC, Chase and other banks, the interest is basically 10%, which is nothing compared to inflation! The important thing is, as you said, after the oil crisis, it is my Big opportunity, so we have to make sure we have enough cash flow so we can source globally. I think every investment we make, we have to take as much as possible out of loans.”

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

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

Plenty of ammo is always on hand!

Since the "Guangyao Family Office" already owns 15% of Hong Kong Electric's shares, it is not suitable for a quiet acquisition to avoid being criticized;

"The acquisition condition was 20% higher than the market price, and 20% of HK Electric's shares were acquired from public shareholders; at the same time, Rong Bensheng and I entered the board of HK Electric on behalf of the 'Guangyao Family Office'."

It is not too much to ask for two director positions at once;

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

In Hong Kong, there is no executive who dares to play tricks with Wu Guangyao!

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

However, first of all, take care of the following stronghold of the Wu family - Hong Kong.

1973 was undoubtedly a special year for Hong Kong;

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

Just as the stock market was going downhill, oil, which has always been called the "blood of industry and commerce", experienced soaring oil prices and even oil shortages due to the rapid changes in the situation in the Middle East.

Not only Hong Kong, but the whole world is caught in the oil crisis.

Hong Kong, as a city that imports energy without producing a drop of oil, naturally cannot survive the crisis alone.

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

Wu Guangyao said: "My opinion is that we not only need to use oil to make a lot of money, but also to carry out a series of diplomacy! The United States, Britain, and Japan are the main places where my business is concentrated, so I plan to spend 18 million Tons of oil will enter the three countries for sale. The remaining 2 million tons of oil will be used as the base camp in Hong Kong!"

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

6 million tons of oil, for the UK, 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 in any case, the oil crisis has reached a certain level, and the escort of the US President's plane has been cancelled, and the combat reserve oil has been used.

Therefore, 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 difficulties.

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

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