Chapter 241 Annual Meeting of the Group Company
After Christmas, other leagues are in the truce period, but the Premier League has to take the opportunity to play a few more games to attract more attention from foreign fans, so the schedule of each Premier League team before and after Christmas is still very close.
After the game with Bolton, Manchester City's next game will be three days later, which is the first day after Christmas, and Christmas will be a day off. After all, there is almost no preparation time for the team. As the team's head coach, Wansheng's work is also quite busy.
Preparations, transfers, and some things about the team, everything finally came down, even if he worked 24 hours a day.
In his busy schedule, Wansheng still took time to go to London to attend the year-end summary meeting of the investment company.
In the past 2006, the development scale of Wansheng's investment company has been extremely expanded. It is no longer a small company with assets of tens of millions. At the beginning of the year, Wansheng formulated an annual strategic plan. He originally expected the company's assets to expand five to six times. Unexpectedly, Kevin - Tagore developed better, even beyond his expected maximum benefit.
Thirteen times!
In 2006, the assets of the investment company expanded thirteen times!
In addition to the assets of more than 250 million euros directly under the company, the financing scale has also reached 570 million, and the total assets have exceeded 800 million euros!
In November, the investment company fully acquired Kevin Tagore's father's six supermarket chains in London, East and West Midlands for 35 million pounds, and the registered full name has also become Tagorewan Investment Group company.
The name was decided after a long debate between Wan Sheng and Kevin Tagore.
Wansheng thinks that he owns the most shares, so he thinks 'Wansheng' is the best name for the company. Of course, Tagore's opinion is the opposite. It was so weird in Europe and the US that the last two took a step back. Named after the surnames of the two people added together.
"Tagolwan, Tagolwan, Tagolwan..."
Wan Sheng read it for a long time, and it was still a little catchy. It was a pity that it was not called 'Wan Sheng', but 'Tagolwan' would not be too bad.
This time Wansheng came to London to participate in the 'year-end summary meeting' of Tagore Wan Investment Group Co., Ltd.
In China, it is also called the annual meeting.
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After a series of development, operation and financing expansion. Add to that the supermarket chain acquisition completed in November. The scale of the Tagalvan Investment Group Joint Stock Company is already quite large.
Especially when the acquisition was completed in November, several supermarket chains were incorporated, and the number of employees under the group company also increased a lot. Before November, there were only a few 20 employees belonging to the group company, and now there are more than 40 senior executives alone. For a large company with assets of several hundred million. 40 employees is not much. But think that more than 90% of the company's capital is in US stocks, and there are more than 40 employees.
Wansheng was the last to come.
It's not that Wan Sheng came late on purpose, the main reason was that he was too busy with work, and he didn't have much leisure at all.
The company's employees are also very interested in this mysterious "boss". Some of them have been in the company for two years. The only thing they know is that the company's CEO and chairman is Kevin Tagore. But Kevin - Tagore is only the company's second largest shareholder, who is the largest shareholder. They don't know.
Employees who have been in the company for two years are not clear, let alone those who have just joined the company.
They all felt that Kevin Tagore was the leader of the company, but they didn't expect that before attending the year-end meeting, someone said that there would be big people coming.
Who is this big man?
Will it be the legendary 'first shareholder'?
Before Wansheng arrived, almost everyone who didn't know was talking about it, until Kevin Tagore stood up, applauded and shouted, "Let's welcome, the chairman of the group company--"
"Mr. Wansheng!"
Everyone in the venue stood up and applauded together. At this time, they were still a little puzzled, "Wansheng? Why does this name sound so familiar?"
When Wan Sheng walked into the venue, their heads were a little dazed.
This...isn't this the head coach of Manchester City, the young and famous Chinese coach? How did you become the chairman of the group company?
Someone responded quickly.
The CEO of the group company, Mr. Kevin Tagore also has a job as an agent. He has several famous stars and coaches under him, and Wansheng is the most famous person under him. Then the largest shareholder of the group company is Wansheng. It's not surprising that those companies think about the company's development history for several years, which is almost a span of development every year, so it is not surprising that the largest investor at the beginning was Wansheng.
They accepted it graciously.
Some employees are still very pleasantly surprised. After all, the chairman is a person he knows and a famous person, which is always better than facing a stranger.
With everyone watching, Wan Sheng walked to the main seat and sat down.
Everyone looked at him.
Wan Sheng glanced at the past one by one, and among them were very familiar people, uncle Wan Baoming, Kevin Tagore, Emile Rick and Sfelt who were sitting under Wan Baoming also knew each other, and most of the others were unfamiliar faces. Kong, most people have never seen it at all.
But never mind, now they are all their own employees.
Compared to a press conference, facing the media, sitting here is completely different. When facing the media, it takes a lot of brains to figure out how to deal with these guys, but there is a very relaxed feeling here, because everyone else can say It is their own employees, and they have the power to decide their work.
As the saying goes, what a man needs most is 'power' and 'money'.
Most of the time, 'money' is just a number to Wansheng. He doesn't need much money, so he doesn't realize how much money he has, but now he realizes 'right', it feels really wonderful , people can't help but immerse themselves in it.
Wan Sheng glanced at Kevin Tagore.
It's no wonder that this guy always likes to stay in London. It turns out that it feels so good to be the 'boss' here, but when he arrives in Manchester, he becomes the 'second'.
Second child... Second child...
Wan Sheng almost burst out laughing, but fortunately he held it back, so the expression on his face turned into a kind smile. In this way, the depressing feeling with the eyes just now disappeared, and everyone relaxed a lot.
Wansheng finally spoke up. He first summed up last year's performance and praised the company's development, "We have achieved very good results in the past year."
"Thirteen times. Hard to imagine."
“I remember last Christmas. Kevin and I were still arguing about how the company would cross 100 million in assets, and then we worked out a growth strategy together, but the company was growing much faster than expected.”
"But here, I have to remind everyone of one thing - the faster the expansion of capital, the better. The greater the capital, the greater the risk. In the coming year, we will still expand through membership financing. This way The speed will not be too fast. But there will not be too much risk. We are a small company that has only been developing for a few years. The biggest problem is the lack of background, so our basic development strategy will not change in the next few years. "
Hearing Wan Sheng's words, many people were slightly disappointed.
If the expansion is carried out in the way of normal financing, then with the very significant benefits of the group company this year, it is not a dream to expand several times in a short period of time, those rich people in the UK. They have long been optimistic about the development of the group company, and they all hope that the group company can be listed. Then buy a large number of shares to invest.
If the group companies are listed on the London Stock Exchange or the New York Stock Exchange, it is conceivable that the capital will expand to a terrifying level in the short term.
This is what everyone is optimistic about.
It is a pity that Wansheng has absolute insistence on this issue. More importantly, if the group company completes the listing, then the shares he holds will be greatly reduced, and the development of the group company will also be out of control.
This is unacceptable to Wansheng.
More importantly, he knew that next year would usher in a financial turmoil.
If the group company does not go public, the financial turmoil will not have much impact, but going public is completely different. In that case, the company's benefits will be greatly reduced, and it may even mean bankruptcy. Most of the group company's assets are intangible. Pure shares, this intangible asset is most affected by the financial turmoil.
In addition, the devaluation of the US dollar will become a major trend in the future, and the euro will also be affected to a considerable extent. Under the general environment, it is definitely a very bad choice to seek listing in the US or even European financial markets.
Wan Sheng attended the year-end meeting for this purpose.
He wants to make a long-term plan for the general development direction of the group company. Of course, the specific content will only be told to the core members. This year-end meeting is just to encourage employees. After all, many of them have just joined the group. Impossible to hear important content.
After the year-end meeting, Wansheng and several core members stayed.
We all know that the next important thing is to talk about.
Several core members of the group company, in addition to Wansheng and Kevin Tagore holding the majority of the shares, Wanbaoming, Emile Rick and Sfelt also hold a small amount of shares, although a small amount , but compared to the assets of over 100 million euros, even 0.1% of the shares are worth hundreds of thousands of euros. What’s more, the benefits of the group company are amazing, and many rich British people want to buy one. If they invest in shares, it is conceivable that the real value of the shares they hold can only be higher.
Because everyone has shares in the company, and their interests are directly linked to the company's benefits, they are worthy of trust.
Wansheng looked at everyone and talked about the future development strategy.
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"The general direction is 'capital transfer to China'!"
Wansheng's words set the general direction of the company's development, "China has a huge market, and I think in the next ten years, China will have the best investment environment in the world. in the Chinese market.”
This is the big policy.
Wansheng set this tone, the main thing is to deal with the financial turmoil next year. If the memory is correct, China will be the least affected by the financial turmoil next year. It can be said that the domestic market is hardly affected. able to escape this crisis.
In addition, Wansheng is also really optimistic about the domestic development.
Even if it does not invest in real industries, the group company can put its funds in the Chinese stock market. The domestic stock market is very unstable, but Wansheng is very clear that there is a company whose general direction is definitely bullish, and the increase is still quite large. In the next few years, it will not be a problem to increase it several times, or even a dozen times, that is Shenzhen's Tengxun Company.
In the previous life, Wansheng had read an article on the stock market, which analyzed that the stock price of Tengxun Company had increased by 100 times in 2004 when it was listed on the Hong Kong stock market.
This number is quite staggering.
After Tengxun went public in 2004, revenue and net profit have maintained a rapid growth momentum. With the support of hundreds of millions of users of QQ software, the development of peripheral games, the Internet, and the later-issued financial services, WeChat and other businesses are extremely amazing. It is not surprising that the corresponding stock price can achieve dozens or hundreds of times of growth.
Therefore, in the next few years, the funds are still in Tengxun stocks, and there will definitely be substantial gains.
In contrast, it is no longer necessary to keep funds in the US stock market.
First, the U.S. stock market will be affected by the financial turmoil next year. Even if the stock price can recover after two years, these two years will be completely wasted. Second, the U.S. dollar will definitely fall in the future. It will shrink sharply. If the two aspects are added together, even if the individual stocks invested in it rise, it does not necessarily mean that there is a profit.
In addition, domestic investment can also bring more benefits. In terms of stocks alone, Tengxun's share price rise is no worse than Apple's, and domestic investment risks are smaller, so capital transfer is very necessary.
If you want to maintain the rapid development of the group company, it is necessary to do so.
Only by creating enough benefits all the time can we give more confidence to the "members" who put money in the group company, which is also very beneficial for increasing financing in the future.
Therefore, Wansheng's first strategy is to sell the stock of New York securities company, transfer the funds to the Hong Kong stock market, and acquire as many shares of Tengxun Company as possible. The stock market value is only 10 billion US dollars. If a normal acquisition is carried out, the group company can at least eat more than 3% of the scattered shares.
This investment will also become a fixed investment for the next ten years and will not change.
If other assets are invested again, it is necessary to carry out the operation of the real industry.
Wansheng is optimistic about the domestic food and medical industries. These two industries have the greatest development potential. In this regard, he only needs to formulate a general direction, and Kevin Tagore and others will do everything well. (To be continued ~^~)