Rebirth of the Strongest Tycoon

Chapter six hundred and thirteenth driven by interests

At this time last year, the market value of the Landmark Group was only about HK$4.8 billion. Then, because the Landmark Group sold some of its stakes in Wharf and other companies, it is reasonable to say that the assets have shrunk a part, and the market value should be descending.

But one is because after a year, the Hong Kong stock market has risen a lot compared to a year ago, and the broader market has risen. As a leading stock in the Hong Kong real estate industry, the market value of Hongkong Land Group has naturally risen sharply.

Of course, another reason is that after the breakup of the Jardine Consortium, various bigwigs have been eyeing the Landmark Group, and the stock price of the Landmark Group has risen sharply because of the competition for equity.

These two important reasons have offset the impact of the shrinking assets of some Landmark Group, as well as the impact of various bigwigs deliberately dragging their feet to make the Landmark Group operate poorly.

Thinking about Hutchison Whampoa, it has not yet come out of the quagmire. The market value has only risen by a few hundred million compared with a year ago, while the Landmark Group has risen by more than one billion, which is already very good.

Having said that, even if you give Landmark a 20% premium, it is still very cost-effective. George Berkeley has read the detailed information given by his boss Xia Yu and knows that Landmark is a company whose actual assets are greater than its market value, even if the premium is 20%.

Now the initial bid of 10% is just to leave some buffer space for negotiation.

Sure enough, upon hearing George Berkeley's conditions, Bolton Keswick shook his head and refused without hesitation: "Mr. George, your price is too low, and I firmly disagree."

"No, no, Mr. Bolton, you should be well aware that the stock price of Landmark is inflated..."

"Mr. George, the stock price of the Landmark Group is not inflated at all. Believe it or not, I will sell the stock when I release the news. Some people will buy it. There is no problem with the premium of 40%..."

"Mr. Bolton, you can believe this. I have read the financial report of the Landmark Group last year. The net profit of the group was only 310 million Hong Kong dollars. Many of its subsidiaries fell into losses, resulting in only a small net profit attributable to the shareholders of the group. 800 million Hong Kong dollars, in the first quarter of this year, revenue fell by 30% year-on-year, and according to the current trend, the group’s net profit will only be less this year.”

"The current price-earnings ratio of Landmark Group is as high as 19 times, far exceeding the current price-earnings ratio of less than 10 times that of Hong Kong stock companies. In this case, do you think the market value of Landmark Group is not inflated? I will give a premium of 10%. , you definitely made a lot of money."

"I don't agree with you, Mr. George, the value of a company is not only based on its price-earnings ratio, but also its future prospects..."

...

One wanted to sell and the other wanted to buy, so although they were negotiating with each other, they did not leave. After a heated argument, George Berkeley was killed at a maximum premium of 15%, while Bolton Keswick was killed at a premium of at least 32%. , the negotiations reached a deadlock, and no one refused to back down.

However, it can be seen from the increase and decrease of the terms of the two parties that George Berkeley is more dominant in the negotiation.

The negotiation could only be suspended, and then the two left. After a day of calm, they negotiated again the next day.

On the third day, an agreement was finally reached, and the Bright Fund paid a premium of 20% to buy the 10.5% stake in Landmark Group held by Bolton Keswick at a price of HK$742 million.

"Happy cooperation!"

In the conference room of the Bright Fund, George Berkeley and Bolton Keswick stood up and shook hands after signing the agreement.

Because the equity certificate of the Landmark Group is in Hong Kong and not here, it is only an initial agreement, which also has a certain legal effect.

After that, there will be arrangements, and the money and goods will be cleared.

Just when Bolton Keswick wanted to leave, George Berkeley stopped him again: "Mr. Bolton, please wait a moment, I have a business that I want to talk to you about, which is very beneficial to you."

Bolton Keswick paused, turned around and asked suspiciously, "What business is there?"

"Yes, great benefit to you, we sit down and say."

"OK."

In the conference room of the Bright Foundation,

The two took their seats again, and Bolton Keswick did not speak, but gestured for George Berkeley to tell.

"I heard that other members of your family are also planning to sell shares, right?"

As soon as George Berkeley said this, Bolton Keswick's face froze, his mind turned sharply, and he hesitated for a few seconds before he said vaguely: "I don't know this very well, it should be possible."

George Berkeley smiled and said, "Mr. Bolton, you don't have to be vigilant. I said that it can bring you huge benefits. We want to acquire more equity in the Landmark Group. The price is all at a premium of 20%. As for how much you can buy it , that's your business, if you can buy 10% of the equity at a fair price, then you can make more than 100 million yuan if you change it."

More than 100 million!

Bolton Keswick suffocated, and then his breathing became rapid, and one of his heart was suddenly messed up.

Looking at George Berkeley's smile, Bolton Keswick pursed his lips, and no longer cared about putting on a pretense, he asked bluntly, "Mr. George, are you sure? Do you want more equity?"

George Berkeley nodded without hesitation: "Of course, as long as you can acquire it, if you don't have enough money, we can sign an agreement to help you advance and transfer the intermediate profits directly to you."

This time, it directly solved the last funding problem of Bolton Keswick's acquisition of equity.

Bolton Keswick's heart became more and more hot, but he knew that Claude Keswick and Rodney Keswick in the family had strongly advocated pushing back to England before him. Qiqi owns a 21.2% stake in Landmark, and they are absolutely willing to sell it.

If he can buy the equity in the hands of the two at a fair price and sell it to the Bright Fund, he will be able to make a profit of 250 million Hong Kong dollars.

Even if he can't buy it at par, at a premium of 10%, he can still earn more than 100 million Hong Kong dollars, which is also a huge profit.

It really is an opportunity that can bring him huge benefits!

If an outsider wants to acquire the equity of the Landmark Group in the family, it is very difficult, but he has a great advantage. He is confident that as long as he speaks by himself, he can definitely take over the equity at a lower price.

There is great operability and the profits are extremely considerable. Bolton Keswick decided in an instant that he must seize this opportunity!

"Mr. George, I think I can try what you said. Are there any other restrictions?"

Burton Keswick asked.

"The only limitation is that we hope that the sooner the better, if it drags on for too long, we'll have to get in touch ourselves."

George Berkeley said lightly.

Bolton Keswick felt a tightness in his heart, and immediately said: "Don't worry, I will act immediately after I go back, and try to help your company acquire it as soon as possible."

"Okay, then trouble you!"

"By the way, Mr. Bolton, you want to buy Viscount Boot's ancestral property. I think we should be able to serve you."

After negotiating one thing, George Berkeley said hurriedly.

Bolton Keswick thought for a while and said, "It's perfectly possible, Viscount Boot offers 40 million pounds, as long as your company can buy it for me at a price of 35 million pounds."

Thirty-five million is his psychological price. He knows that it is very unrealistic for him to bargain the price by himself. It is very unrealistic to cut off five million pounds. If the Bright Fund can do it, then he will be relieved.

As for how much the Bright Fund bought it, he didn't care. As far as he wanted to come, with the stingy face of Viscount Bute, the Bright Fund couldn't make any money.

Since the Bright Fund gave him such an opportunity to make a fortune, he also reciprocated to deepen the relationship between the two parties.

After all, behind the Bright Fund are big British families and consortia, and it is always beneficial to gain their friendship.

George Berkeley would die of laughter if he knew what Burton Keswick was thinking.

It can only be said that George Berkeley successfully misled Bolton Keswick, let him make up his own mind, and guessed the background of the Bright Fund wrong.

After that, the two sides talked about some details, and at noon, George Berkeley specially invited Burton Keswick to have lunch.

After returning, Bolton Keswick immediately bought a ticket back to Xiangjiang.

Huge interests are in front of him, and he can't wait!

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