Chapter 649: Opportunity to Become a Major Shareholder of Landmark
Chapter 649: Opportunity to Become a Major Shareholder of Landmark
In the next few days, the stock of Dairy Farm was like a roller coaster, rising and falling, and no one knew what was going on;
Sometimes, a large number of buy orders push up the stock price, and sometimes, a large number of sell orders suddenly appear, causing the stock price to plummet;
Countless small investors, whether they have already bought or not, are extremely confused, not knowing when to get on board or when to get off.
However, there are also many people who indulge in extreme joy and sorrow, and various quick transactions have made the trading volume of the milk company reach new highs, because many people can buy and sell several times a day;
But there are also tragic cases. On April 4, a man jumped from the stock exchange building. The media immediately dug up his information. He was a professional stock investor who used to work in a trading company. But after making money in the stock market for a few years, he became a full-time stock trader.
After the announcement of the acquisition of Dairy Farm, this person mortgaged his own property to buy Dairy Farm's shares, borrowed money from loan sharks, and then leveraged loans from banks, investing 5 times the amount of funds and millions of dollars.
It's just that the stock market fluctuated too much in the past few days, and he chose the wrong time to enter. As a result, the stock price plummeted, and the bank forced him to close his position for the sake of fund safety. He then immediately lost everything and owed a lot of debt to the gang. In the end, he had no choice but to jump off the building to get rid of it completely.
But he left behind a wife and two children under the age of five, and the house was about to be taken away by the bank;
However, the good thing is that due to the strong media attention and the fact that MacLehose started to rectify social order this year, the loan shark team did not force women of good families into prostitution. This can be considered a blessing in disguise.
Changxing Group, when Yang Wendong also saw this report, he sighed and said: "Finance is a thing that can really harm people a lot in many cases."
There are too many cases in too many places around the world where families are broken up and people are killed because of this kind of thing. It happens every year and it is simply unavoidable.
Fang Xianming said: "You can't blame finance. It's actually greed. They are too ambitious. Even without finance, they might choose other ways to make a lot of money, such as going to Macau."
"You're right." Yang Wendong nodded and said, "How about this, let the Oriental Daily publish a report on this incident and remind some shareholders to stop while they are ahead, control risks, consider their families, and prevent such tragedies from happening again."
Fang Xianming agreed, "Okay, but although you have good intentions, many people won't listen."
Yang Wendong smiled and said, "It's up to you whether you want to listen or not. They are all legal operations and no one can stop them. Letting the Oriental Daily report it can also be regarded as raising our newspaper's attention to social phenomena. If some people really commit suicide for the sake of huge profits, then it is their freedom."
If you can save one person, save one. If you can't help anyone, then so be it. In fact, people are greedy, and there is nothing wrong with that. After all, people die for money and birds die for food. This is a famous saying left by our ancestors, and it naturally makes sense.
"Yes, many people do things without considering failure." Fang Xianming also said;
Yang Wendong asked: "Is the increase in Dairy Farm International's share price during this period due to us?"
Fang Xianming said: "Part of it is due to our acquisition, but a lot of other funds also came in, and we can't find out who it is."
"It seems that there are still many smart people, and they all know that Jardine Matheson will not give up so easily." Yang Wendong nodded, and then said: "Those who keep buying and selling stocks are actually impatient and do not understand the society well enough, otherwise they would not lose money in this situation."
A large company like Swire Properties will basically not give up on a plan easily. If it gives up because of a little difficulty, how can it accomplish other big things in the future?
With just a little analysis, you will know that there will definitely be subsequent actions by Swire Properties. At most, ordinary people are not aware that Swire Properties will carry out a "stock-for-stock swap".
Of course, for ordinary people, the share price of Hong Kong Land may plummet after the stock-for-stock swap, so exiting now may not be a disaster.
Only a big capital like Yang Wendong, whose target is Hong Kong Holdings, can accept some short-term stock declines for future strategic considerations. After all, compared with the future price of Central, Hong Kong, today's stock price may be only a few tens of percent. Even if Hong Kong Holdings has recently raised its stock price three or four times, it is just a drop in the bucket compared with the future increase. Not to mention that many of Hong Kong Holdings' buildings have generous rental income every year. These are stable returns that even the Fortune 500 companies are jealous of.
Fang Xianming smiled and said, "If they can really manage stocks stably, they will not be idle stockholders. This is the nature of these people. Any listed company in Hong Kong or other parts of the world that wants to make money in the stock market will make money from these accounts that like to buy and sell constantly."
"Haha, you're right, these people are indeed the best leeks." Yang Wendong also laughed.
"Leek?" Fang Xianming didn't quite understand.
Yang Wendong explained: "The characteristic of leeks is that they will continue to rise after being cut. Do you think it is similar to these stock investors?" Fang Xianming didn't know much about agriculture. After thinking for a while, he said: "It seems that the description is quite similar."
Although one person jumped off the building, investors will never give up their persistence in the stock market. During the economic crisis in previous years, there were several people jumping off the building in a single day. This is nothing today.
On April 4, Hong Kong Land suddenly announced publicly in Ta Kung Pao that the board of directors would exchange Hong Kong Land shares worth 15 yuan for Dairy Farm shares worth 10 yuan, that is, a stock-for-stock swap, but at a 8% discount;
At the same time, the article also describes Hong Kong’s development plan for the next ten years, the grand plan after the acquisition of Dairy Farm International, Hong Kong’s bright future economy, the demand of international capital for various commercial office buildings, the society’s demand for residential and commercial real estate, etc.;
In fact, each of these descriptions was not original to Hong Kong, but rather the assessments of many people on the future economy of Hong Kong over the years. Hong Kong simply combined these together, described the role of Hong Kong in it, and introduced the large number of properties that Hong Kong now owns, including a large number of office buildings, land properties, vacant land, etc. in Central, Admiralty, Causeway Bay and Tsim Sha Tsui.
As the largest commercial real estate company in Hong Kong today, and also holding the most prime location, the description of Hong Kong Land is not exaggerated, which is enough to make some shareholders of the Milk Company excited. This is simply the top giant of Hong Kong real estate in the future. If you can become a shareholder of such a company, you will definitely be able to share in the development of Hong Kong's economy.
At the same time, Landlord once again restored the desks in the other three exchanges, and many shareholders of the Dairy Company immediately went to exchange their shares;
It was only when we arrived at the scene that we discovered the problem.
"It will take another half a year to a year before I can get these stocks?" The investors who went there found that they did not get the stocks of Hutchison Whampoa directly, but a stock certificate with the official seal of Hutchison Whampoa Company. It would take half a year before they could get the real stocks again.
The staff of the Hong Kong Land Group explained: "Yes, it will take some time before it can be converted into official shares."
"Why? There was no report on this in the newspaper." Many shareholders of the milk company complained one after another.
The Landmark staff were also helpless and replied: "This is not our decision. We are just ordinary employees who were assigned to work here. Anyway, the conditions are like this. If you are willing to change, you can change now. If you don't want to, it doesn't matter. We won't force you."
In fact, those who are interested are still clear about the purpose of buying land;
The original intention of the Land is to push up the stock price of its own company, and then suppress the stock price of the dairy company. This is the purpose of the previous operation. On the surface, it seems to be a 8% discount, but as long as the stock price is well operated, the reverse 8% discount is possible;
In this situation, naturally, Swire Properties hopes that its own stock price is high and Dairy Farm's stock price is low. However, it is difficult for them to control Dairy Farm's stock, but it is much easier for them to control their own. The most important point is that shareholders who have exchanged for Swire Properties' stock cannot be allowed to sell them immediately to cash out.
Although Hong Kong Holdings has been well promoted in the media and some shareholders may hold on to its shares, there will definitely be some people who adhere to the principle of "cash in pocket first". There will inevitably be a lot of people cashing out and leaving the market. Once more people cash out, Hong Kong Holdings' share price will fall, which will seriously affect Hong Kong Holdings' "stock-for-stock" strategy. At the same time, the fall in share price will make more Dairy Farm shareholders unwilling to exchange their shares, or they will demand higher conditions.
However, most stockholders are brainless. Many people only think about the future described by Hong Kong Land. They will become the boss of the largest real estate company in Hong Kong in the future. Hong Kong Land’s share price will definitely make a lot of money in the future. They will become financially free and no longer need to work or be scolded by the boss~~~
As a result, in the four major stock exchanges, countless shareholders of the Dairy Farm Company were queuing up to exchange their shares of the Hong Kong Land.
At the headquarters of Changxing Industrial, after receiving the news, Yang Wendong immediately ordered: "All the shares of the Dairy Company in our hands should be exchanged, but we need to arrange a large number of people to exchange them in batches, and we must not let Zhidi find out about this."
It has been a long time since we have been waiting for this day. Previously, Wharf Holdings had expanded its shares to raise funds, giving Changxing Financial an opportunity, but Hong Kong Land had never done so. Now, in order to acquire the Dairy Farm, a large number of Hong Kong Land shares have finally been circulated.
Although he also knew that the share price of Hutchison Whampoa would fall in the future, being able to obtain a certain amount of Hutchison Whampoa shares without alerting the Jardine Matheson Group and become a major shareholder of Hutchison Whampoa was much more important than losing a little money. As long as he could acquire Hutchison Whampoa in the future, this would not matter at all.
"Okay." Fang Xianming agreed.
At this moment, assistant Aying came in and said, "Mr. Yang, Sir Zhou from Dairy International wants to invite you for tea."
PS: Please give me a monthly ticket
(End of this chapter)