I Want To Be a Rich Man on Hong Kong Island

  Chapter 467【Landand Drink Milk III】

  In the afternoon of the same day, when the Hong Kong Island Commercial Radio and Sing Tao’s Evening News reported the abnormality of the dairy company’s stock;

  Securities reporters pointed out through analysis that some companies want to buy milk companies;

  Although it did not specify which company it was, it at least reminded shareholders and avoided unnecessary losses for shareholders.

  November 13, the last trading day of the week.

  The stocks of Milk Company and Land Company are still trading normally, and other media on Hong Kong Island remain silent;

  In fact, the acquisition of Dairy Company by Land Company is basically clear;

  However, ordinary investors on Hong Kong Island have a limited level of awareness.

  Moreover, since November 11, this war has been ignited;

  Landland’s acquisition of Dairy Company was even leaked, and some people were fishing in troubled waters;

  What makes Wu Guangyao strange is that the exchange and the securities regulatory department have not issued an inquiry letter. Isn’t this a typical ‘insider trading’?

  Wu Guangyao is not curious why Land Company still chose to remain silent after the news was leaked;

  According to common sense, after the news is leaked, the stock price of Milk Company is bound to skyrocket. Isn't this bad for the acquirer?

  Landland chose to remain silent and did not immediately issue an announcement requesting trading suspension;

  In fact, it is very simple, Land Land has never thought of paying for it;

  They will use the closing price before the start of the takeover war (November 11) to achieve the effect of the acquisition through share swap;

  So the amount of increase in the middle has nothing to do with Land Land.

  November 14th, Saturday.

  Landland published a full-page advertisement in newspapers and magazines, announcing the acquisition of Dairy Farm:

"Jie Fu Co., Ltd. and He Shun Co., Ltd. (both are the financial advisers of Hongkong Land) are now drafting documents, which will be sent to the shareholders of Dairy Farm Co., Ltd. on November 21, 1970. The documents will contain two shares with a par value of HK$5. The proposal to exchange shares of Hong Kong Land Company for a share of Dairy Company shares with a par value of HK$7.5."

The meaning of   Landland is very simple: two shares of Landland stocks are exchanged for one share of Dairy Company stock, regardless of the stock price.

Land Land also advertised in the newspapers: Based on the closing price on November 11, Dairy Farm’s shares are worth 78 Hong Kong dollars per share, Land Land’s shares are worth 54 Hong Kong dollars per share, and the two shares of Land Land are worth 108 Hong Kong dollars; then if Milk’s public shareholders pass the share swap , You can get 30 Hong Kong dollars in appreciation.

  Land also promised in the newspapers that the new company after the reorganization is beneficial to both shareholders;

  In order to increase its temptation, Land Land even evaluated the assets of the reorganized Land Milk Company and gave it a high price of HK$1.35 billion.

   "A big lie! The British company really has a set of snatching the Chinese company. It's too insidious!"

  After reading the newspaper, Wu Guangyao couldn't help but scold the insidiousness of Land Company.

  The acquisition war does not require cash acquisition, let alone him, after all, Hong Kong Island in this era happens from time to time;

  But the Land Company lied a big lie!

  Can Hongkong Land guarantee that its stock price remains unchanged at 54 Hong Kong dollars?

  If we use milk stocks with a market value of 78 Hong Kong dollars and exchange one for two, is the value of Hong Kong Land's stock only worth 39 Hong Kong dollars?

  It can be seen that Hongkong Land has cleverly told a big lie.

  At this time, Wu Guangyao's office was filled with many people, all of whom were his own consultants or staff.

  "Boss, you control the public opinion on Hong Kong Island. If you propose a cash acquisition now, we can control the battle in just one day!" Liu Yu said.

  Wu Guangyao waved his hand and said, "Since you have such confidence in us, why not watch the show! Besides, I want not only the milk company, but also a good reputation!"

Rong Bensheng said: "Indeed, although the move of LANDMARK is high, it is not an immediate effect. Without more than 20 days, it will not succeed. I think we should first form an alliance with Sir Zhou Xinian, so that we can just participate in it. "

  Wu Guangyao waved his hand and said, “I already have a belly case in this matter, so just wait for a good show! Besides, if you go to Zhou Xinian now, he might have a grudge; therefore, we must seize the opportunity!”

  According to the closing price on the 11th, the market value of Dairy Farm is 398 million Hong Kong dollars (total share capital is 5.1 million shares), and the market value of Land Company is 1.89 billion Hong Kong dollars (total share capital is 35 million shares);

  The shares exchanged by Hongkong Land are naturally exchanged through the issuance of new shares. That is to say, Hongkong Land does not need to pay a penny to get the stocks in the hands of investors.

  It is conceivable that there is no law in the takeover battle of Hong Kong Island in this era!

  On the same day, Wu Guangyao sent a reporter from the Oriental Group to the dairy company to inquire about the truth;

  It can be described as blatant inquiries, making Wu Guangyao feel that the benefits of owning a media company are too much.

  At 5 o'clock in the evening, the reporter returned news!

  In the face of such earth-shattering changes, the Dairy Company was silent, and did not hold a board of directors to study countermeasures, and did not make comments in the media.

  What is Xi Nian doing this week?

  Could it be that he really thought he had a chance to win?

  In fact, what Wu Guangyao didn’t know was that the executive director of the Dairy Company happened to be abroad and is now rushing back;

  Zhou Xinian is only respected after all, and the ability to run the company is still poor.

  The reporter also said that Henry Keswick, the tycoon of Hong Kong, visited the chairman of Milk Milk, Sir Zhou Xinian, to discuss the acquisition;

  Henry Keswick is very sincere about the acquisition and believes that the development of the remaining sites of the dairy company will be of great benefit to the shareholders of both parties. After all, at this time, the real estate is booming, and the development of real estate is not known how much more it will make than raising cattle;

  Henry Keswick also praised Zhou Xinian for his high morals, and hoped that after the successful acquisition, Sir Zhou Xinian would continue to serve as chairman, and he would be the deputy.

  Fortunately, Zhou is unmoved!

  Wu Guangyao made a false alarm after listening. If Zhou Xinian agreed, he would not be busy for nothing!

  If the Dairy Company were not for a Chinese-owned company, and it was also the fuse for his own acquisition of British capital, Wu Guangyao would not bother with these things.

  On November 15, the Board of Directors of Dairy Company finally released news on Hong Kong Island Commercial Radio and Radio Station:

  Milk Company hired an internationally renowned financial company, Luo Fuqi & Sons (London) Limited as financial advisors; Dairy Company and Luo Fuqi called on shareholders to make decisions carefully, and wait for further notice from the board of directors of the dairy company.

  Both sides sharpen their knives and prepare to fight head-on!

  Wu Guangyao was itchy to watch, and he wished to end immediately, killing these British capitals **** peeing;

  What if you are on the stage now, what if you don’t cooperate in the first year of the tin?

  Xinian Zhou said that I don’t need your help, and you also want to plot my company. How embarrassing Wu Guangyao should be!

  Furthermore, Wu Guangyao has to make Land a bit more arrogant, so that he has a reason to buy Wharf!

  Compared with Wharf, Dairy Company is still not enough!

  The noise between the Milk Company and the Land Company is so loud, even if Wu Guangyao is not a professional financial person, he knows that the two companies should be suspended immediately.

  However, there is no such thing!

  Wu Guangyao remembers that he was trading in stocks in his previous life. Such major events are generally suspended in advance, and the suspension is quite long, some one month, or even one year. Of course, those who have ‘insider information’ beforehand will make a lot of money;

  Wu Guangyao still remembers the records of Hong Kong Island in his previous life. In the 1970s and 1980s, Hong Kong Island was suspended for such large-scale acquisitions for no more than three days, basically for one day.

  It can be seen that the difference between the two places is huge.

  On November 16, the stock market opened and the stocks of both parties were trading normally.

  On the first trading day when Land Land’s advertisement was unveiled, the news of the Chiniu acquisition battle immediately scorched the hot stock market.

  The opening price of Dairy Farm was 82 Hong Kong dollars per share, with a 25% premium, reaching 102.5 Hong Kong dollars per share;

  Landland’s stock is a bit weaker, but it also dragged its ‘bull’s tail’ to the sky, with a 10% premium, reaching HK$64 per share.

  Because the shareholders of Dairy Farm need to go to the ‘Central Registry’ of Pedder Street to register;

  So, Wu Guangyao lined up people to stare there to see if there were a large number of people to register that day.

  The people who came back told Wu Guangyao about the results of the day. It was okay, not many people, or even rare!

  Liu Yu said: “The boss can rest assured that the people who have milk stocks are speculating on the high prices in exchange for cash! They wouldn’t be so stupid to exchange shares.”

  Wu Guangyao also thought about it. If he changed to himself, he would rise 25% a day, and he would definitely choose to wait and see or cash out!

  Unless milk stocks on the market are too expensive to sell, they will choose to exchange shares.

  Thinking about this, Wu Guangyao understands why Land Company is not in a hurry-the milk stock has skyrocketed, and the higher the stock price, the less conducive to circulation. At that time, stockholders will not be obedient to come over and exchange shares.

  After all, everyone knows that the dairy company has no future, and the land company ‘can’ change the future of the dairy company.

  Wu Guangyao suddenly felt that he was still lacking in this aspect;

   But with your own strength, do you need to do so complicated?

  In the face of absolute strength, is there any hope for the enemy to escape?

  (End of this chapter)