MC Bookstore Chapter 23 The Desperate Measures
Chapter 23 The Desperate Measures
A HKD 100 million HSBC cheque pledge!
Triple leverage for HK$300 million to acquire shares!
At an average price of HK$120 per share, 2.5 shares were acquired. Including the 6.74 shares previously acquired, the company now holds 9.24 shares of Dairy Farm, still less than 1%.
With a total stock market value of HK$738 million and a holding cost of HK$80, what is the current market value of the Dairy Farm company stock held?
HK$12 billion!!
That's not just crazy, it's downright insane.
A year ago, Dairy Farm's market capitalization was only HK$3.5 million, and four years ago it was only HK$1.3 million. In five years, the stock price has increased nearly tenfold.
通常而言，市值为市盈率的0-10倍是低估状态，10-14倍为一般低估状态，15-20倍属于正常状态，20-25倍就已经是高估状态。
but! !
This price-to-earnings ratio has reached 70, which is more than 1.5 times higher than the overvalued state. Buying such a stock is not just dangerous, it's absolutely dangerous.
Anyone with a sound mind wouldn't buy stock in such a company; only a brain puncture would warrant such a high price for a dairy company.
With this amount of money, we can buy three companies of similar size once the stock price stabilizes.
That's why, upon noticing the abnormal fluctuations in the milk company's stock price, Zhou Daheng felt at ease staying home to milk cows.
However, what Zhou Xinian didn't know was that this acquisition would not follow the usual rules, and that taking the milk company from him was the result of tacit approval from multiple parties.
So, on October 25th!!
Nobody knew what had happened, and there was no good news. Dairy Farm's stock price soared by HK$14 to close at HK$137 per share, a 10% increase overall.
Not only did Dairy Farm International surge, but Hongkong Land also jumped to HK$95 per share, yet this failed to attract the attention of investors, as many stocks have seen such massive increases in the past year.
Only astute investors and institutions sensed something unusual: a massive influx of capital had entered the market!
For companies with a total share capital of tens of thousands to hundreds of thousands of shares, a few million Hong Kong dollars can easily drive up the share price.
With a total share capital of 1000 million, the stock price of Dairy Farm International Holdings Limited could not have skyrocketed without an investment of tens of millions of Hong Kong dollars.
With a total share capital of 65 million, Hongkong Land Group requires at least HK$100 million to invest.
But where did this massive amount of money come from? And what is the purpose of this massive influx of funds entering the market at this time?
.....................
Inside the office of Yin Xun Media.
存栏2000余头的奶牛，日产60万瓶鲜奶，占据港九90%的市场份额；日产5吨冰淇淋，市占率70%；月产黄油20吨、奶酪15吨。
One Mannings pharmacy, 32 ice cream parlor chain stores, 120 refrigerated motorcycles, 80 refrigerated trucks, 200 tons of refrigerated storage capacity, 5000 square feet of refrigerated warehouse, and 3000 square feet of ambient temperature warehouse.
Fresh milk sales reached HK$8500 million, processed ice cream products HK$2500 million, ice cream parlor retail sales HK$1000 million, net profit HK$1440 million, and a debt ratio of 35%.
Chen Guanjiang was studying the dairy company's assets and profit margins when he heard the receptionist report in a panic: "Boss, something terrible has happened! The police are going to arrest you and take you to a milk tea shop..."
Have they finally made their move?
The eldest son of the fourth generation of the Zhou Junnian lineage, Zhou Zhanlin, took over the family business; the second son, Zhou Zhanshen, became the Scout Director; and the third son, Zhou Zhanqiao, became the Director of the Tsim Sha Tsui Criminal Investigation Department.
The office of Yanxun Media is located in the Yau Tsim Mong District, which happens to be within Zhou Zhanqiao's jurisdiction. How could they not be wary of this move before deciding to take action against Zhou Xinian?
Chen Guanjiang took out photos and articles from the drawer and calmly said, "I understand. Please come to my office."
"yes…"
The younger sister kept turning back, her eyes filled with sorrow.
The newspaper has finally managed to maintain a daily sales volume of 3, and the base salary and commission have been increased by a full 15%. If it goes bankrupt, where can you find such a good front desk job?
A short while later, the younger sister led a man with a troubled look into the office.
He's in his early forties but looks like he's in his fifties; the words "burdened by official duties" practically scream on his face.
Chen Guanjiang stood up and greeted him, saying, "Director Zhou, hello! I am Chen Guanjiang! Welcome to the newspaper office to provide guidance."
Zhou Zhanqiao paused for a moment, then shook hands and said, "I'm not here to give instructions. There's a case that requires your cooperation in the investigation."
"No rush, Director Zhou, please take a look at this first..."
Chen Guanjiang handed over the photos and articles, saying, "Do you prefer headlines like 'Criminal Investigation Chief's Violent Law Enforcement' or 'The Zhou Family's Abuse of Power Against the People'? Have you ever heard the story of Yang Naiwu and Xiaobaicai?"
Zhou Zhanqiao took the photo with a puzzled look. He saw that "Chen Guanjiang" in the photo was curled up in a corner with blood streaming down his forehead, looking at the camera in horror.
The article, however, was an apology statement:
The Hyena Daily News has promised that all its previous reports on Sir John Chow were fabrications and, to express its apology, is willing to pay HK$100 million in compensation to make up for the damage to Sir John Chow's reputation.
Since the cash assets are less than HK$100 million, HK$70 of the compensation will be secured by the Hyena Daily, and the remaining HK$30 of the compensation will be paid off within three years, with an annual interest rate of 7% during the compensation period.
Zhou Zhanqiao looked at his clean forehead, then at the wound on the forehead of "Chen Guanjiang" in the photo, and fell into deep thought.
There is no doubt that the wound in the photo is fake, but Chen Guanjiang could make it real at any time by simply banging his head against the corner of the table.
If nothing unexpected happens, the negatives and manuscripts are already stored at Shenji Printing Factory, just waiting for him to arrest someone before printing begins. Is this some kind of desperate act?
When the scandal breaks, the truth or falsehood will no longer matter; what matters is that the Zhou Yongtai family will definitely be caught in a media storm.
Just like Yang Naiwu and Xiaobaicai, it didn't matter whether they were on the same page or not. The Hunan Army's trial was on the same page, while the Zhejiang Army's trial was not. The Empress Dowager didn't care whether they were on the same page or not when she wanted to suppress the Hunan Army.
"You're very good, very good..." Zhou Zhanqiao nodded, got up and left.
Arresting people is out of the question; the family is already conspicuous enough, and there's no need to put more spotlight on themselves.
Moreover, the police station has also been targeted by MacLehose, but they are holding back for now for fear of creating a power vacuum and causing chaos.
Without his father's protection, Zhou Zhanqiao was already overwhelmed with his own problems and didn't want to get involved in the messy affairs of the powerful branch. However, since they were all from the same family, he had to step forward and take responsibility.
Chen Guanjiang gave him a good excuse: he could let the branch suffer and give his elder brother the opportunity to take over the family business.
"Director Zhou, please wait!"
Chen Guanjiang asked, "What are your views on the future of Zhou Yongtai's family and himself?"
Zhou Zhanqiao looked at him expressionlessly and said in a low voice, "What do you want to say?"
"Whether you believe it or not, I have no ill intentions towards your clan!"
Chen Guanjiang explained, "I only want to stand on the side of the victor to gain enough benefits, but I do not want to and dare not offend the Venerable Clan. I will make compensation to the Venerable Clan afterward."
"Are you kidding me? Or are you mocking me?" Zhou Zhanqiao's already stern face darkened even more.
"Absolutely not!"
Chen Guanjiang said meaningfully, "The milk stock price is fluctuating abnormally. Your family will soon encounter difficulties. If you want to protect yourself as much as possible, you might as well try cooperating with me."
"What kind of cooperation?"
"My men aren't professional enough. Please send me some people from the criminal investigation team. I guarantee you'll get a surprise in two months!"
"Ha... mad dog!"