Chapter 1938 Don’t Want to Go Public

When Yin Jun returned to Xiangjiang, it had been almost a month since Wireless went on the market.

Wireless, which was listed at a valuation of HK$10 billion, has been enthusiastically pursued by investors and stockholders.

Now its stock has stabilized at 21.3 yuan per share, an increase of 113%, more than doubled.

Originally, the highest point was still around 28 Hong Kong dollars, but it has dropped a lot during this period. After squeezing out a little water, the price seems very reasonable.

Many investment banks and financial companies in Hong Kong are commenting that wireless stocks worth around 20 yuan are actually high-quality stocks.

Not to mention its future development potential, just talking about its annual dividend profit, and this year Shao Yifu has said that he will definitely use at least 80% of the profit to distribute dividends to everyone, which is enough to make shareholders and investors smile. .

Don't doubt it.

In his previous life, Wireless Wireless paid a lot of dividends. Shao Yifu was harsh on his employees, but he was very active in charity and was also very generous to shareholders.

Perhaps there is a reason why he is the largest shareholder, so most of the money earned every year is distributed to the shareholders.

Shao Yifu himself never thought that the 500,000 he spent to buy 500,000 shares at the beginning of his business, plus the shares bought from Yin Jun for almost 6.7 billion Hong Kong dollars, would now be worth close to 10 billion Hong Kong dollars!

He, Shao Yifu, is very rich. His property in Nanyang is worth several billion Hong Kong dollars, and his real estate and other business transactions in Hong Kong are worth two to three billion.

Therefore, when he was in charge of TVB, he did not covet any shares. He did it simply because he liked it and wanted to be a TV station.

Even when Shao Yifu acquired more than 40% of Yin Jun's wireless shares, it was all because people from the Li family were messing with him and ruining a good wireless network. He didn't want to see his hard work. It was just scrapped.

That's why he bought Yin Jun's shares and became Wireless's largest controlling shareholder. He kicked the two idiots from the Lee family back home and took sole control of Wireless.

But because of this unintentional move, his shares in Wireless today are worth 10 billion Hong Kong dollars, which Shao Yifu never dreamed of.

His sons, who live in Singapore and Malaysia, all called and sent him telegrams to tell him to sell part of his wireless stock when he was at a high level, so that he could hold the cash and not panic.

But Shao Yifu refused directly.

Although 10 billion Hong Kong dollars was too tempting, Shao Yifu didn't care.

Originally, he already had the money he would need throughout his life. He left billions of assets to his descendants and Fang Yihua, which was enough for them.

Besides, he is also a 70-year-old man. What does he do with so much money?

What he wants now is to improve Wireless and build it into the largest TV station in Asia, surpassing Qiu Degen's Asia Television, and even surpassing Yin Jun's Kirin TV, so that Wireless can reach the top.

If the shares are given away, and shareholders like Lijia appear to disrupt the situation, and Wireless's hard-won good momentum is interrupted, what will it mean?

Therefore, Shao Yifu said in an interview with reporters that he will always hold shares in Wireless and will not reduce his holdings for at least ten years.

Shao Yifu is still an old-fashioned man who keeps his word in Xiangjiang. Wireless shares were constantly adjusted in those days, but as soon as the news came out, Wireless shares immediately gained a firm foothold.

When Qiu Degen and Yin Jun talked about this, they both felt a little emotional.

"Brother Six is ​​really old and strong, and his overall control over Wireless is even stronger than before." Qiu Degen said, "In three to five years, if Wireless develops so steadily, and the stock price doubles, I'm afraid it won't be What's the problem?"

The current market price is more than 20 billion Hong Kong dollars, and if it doubles again, it will be more than 40 billion.

Qiu Degen is really optimistic about wireless.

It should also be said that the whole of Hong Kong is optimistic about the future of wireless.

Yin Jun laughed when he thought of this, "Uncle Qiu, are you praising yourself in disguise? Didn't Nomura Securities also look for ATV to go public? I heard that ATV's valuation for you is 15 billion Hong Kong dollars, which is higher than Wireless It’s 50%!”

"Haha, it's not worth mentioning, it's not worth mentioning!" Qiu Degen laughed from ear to ear, "I think this extra 5 billion is almost all the effect of "Survivor"! Ah Jun, you are I don’t know, this year’s second season of “Survivor” hasn’t officially started broadcasting yet, and the advertising costs have already reached more than 100 million! I really don’t know how much more it can achieve by September!”

"Survivor" is a super variety show with hundreds of millions of viewers. It currently ranks first in Asia. Why does Qiu Degen feel that more than 100 million is too much?

That's because during an annual advertising investment promotion in September last year, the title, credits, etc. of "Survivor" had all been sold.

The rest are some small advertisements interspersed in each issue, plus some built-in advertisements that appear inside, which are not covered by the previous contract.

Just these scraps have been sold for more than 100 million Hong Kong dollars. How much do you think those bulk goods can be sold for?

Last year, "Survivor" did not have more than 100 million viewers in September!

According to the most conservative estimates of Hong Kong media, if "Survivor" were to be filmed alone this year, it would cost at least HK$500 million!

If starting in June, most episodes of "Survivor" can have more than 100 million viewers, then HKD 600 million is appropriate, and maybe it can reach 800 million!

Don't doubt it.

The number one variety show covering the entire Asia is so domineering!

For this reason, there are many people at Kylin TV who complain behind their backs. They feel that Jun Shao should not have given this best variety show to ATV instead of staying at Kylin TV.

Yin Jun didn't take it seriously.

If all good programs were given to Kylin TV, they would not have a sense of crisis and would not seriously face possible competition.

Didn’t wireless in the previous life decline naturally like this?

The best TV dramas and programs of TVB appeared at the same time that Li's and ATV were strong for more than ten years. Without opponents, they had no motivation.

Yin Jun was not willing to repeat this lesson.

"Uncle Qiu, are you planning to go public?" Yin Jun asked.

Qiu Degen owns three holdings of Far East First Group companies, as well as a large number of shares in Far East Bank, and has strong experience in listing operations.

Once ATV is listed on the market, with their strength and flexible control, the market value will definitely be much higher than that of Wireless, reaching 30 billion Hong Kong dollars without any problem.

By then, Qiu Degen had made a lot of money, and his net worth had increased several times in one breath!

But when faced with Yin Jun's inquiry, he shook his head directly, "Forget it, just like Brother Six said, I already have enough money, why go public to make tens of billions? It's better to treat this TV station as a family business, and then pass it on forever... In the future, the TV station will also be a good asset, and if done well, it will be a guarantee for the prosperity of the family!"

Yin Jun nodded when he heard this.

In later generations, network technology developed rapidly, eroding the territory of many industries.

The retail and department store industry has been almost completely wiped out, the news media has been almost wiped out, and the focus of film and entertainment has also shifted to the Internet.

Only this TV station, although its market share has dropped a bit, is still the most powerful media. Compared with newspapers and magazines, it is so good that I don’t know where it is.

Not only does news have a strong viewership, but also various TV series and variety shows can occupy a very large share, and the overall radiation ability is very strong.

In particular, those TV stations outside China have more flexible and positive operating conditions. Therefore, they have bucked the trend and continued to expand their strength and continue to gain both fame and fortune.

Even a TV station as unprogressive as TVB relies on the local dominance of Xiangjiang to make a lot of money despite droughts and floods every year. It will definitely starve to death.

Especially now that TVB and ATV have followed Kylin TV in opening up channels throughout Asia and turning the TV station into a satellite TV station for Asia, the audience is even wider.

I dare not say that in Japan and South Korea, because the TV stations in these two countries will be very powerful in the future, but in Southeast Asia, especially in places with a large number of Chinese people, the three major TV stations in Xiangjiang will definitely have the largest number of viewers. Nothing else can threaten them.

In the previous life, the Chinese TV stations in those areas had almost no good programs, and they all relied on purchasing programs from Baodao and Xiangjiang to broadcast.

Therefore, it is a good idea for Qiu Degen to maintain complete control of ATV and always let the Qiu family control it.

"Ajun, I called you here today. Actually, I have something to discuss with you. You can help me see if it can be done." Qiu Degen skipped the topic, "I want to close my business in Baodao. How about opening a Liyuan amusement park in the mainland and then opening one in the mainland?"

Yin Jun was slightly taken aback, "Why? Isn't the turnover in Baodao quite good?"

Qiu Degen started building Liyuan in Baodao and another Songcheng in Singapore five years ago. Both industries performed well.

Baodao Liyuan has become one of the largest amusement parks in Taibei. There are especially many people on holidays, and the money-making effect is very good.

Not to mention Songcheng, it has almost become a famous landmark building in Singapore. Many Chinese like to go there to visit, making Songcheng a lot of money.

Both industries belong to Far East Hotels, and Far East Hotels' stock was the first to recover and quickly returned to its all-time high, all thanks to the contributions of these two industries.

Suddenly, Qiu Degen thought that there must be some reason for closing Liyuan in Baodao.

Otherwise, even if he wants to develop in the mainland, there is no need to close Liyuan in Baodao.

Since Huaying issued a joint statement last year, Baodao's review of investors has become even more lax, and it has basically acquiesced that business can be done in Baodao and the mainland - many businessmen in Hong Kong and Southeast Asia are like this. .

…

(Gentlemen, please try your best to come up. Click on the Chinese website to subscribe to the genuine version, thank you!)