Chapter 365 Big Investments with Different Purposes
"The first one is Taohua Datong Company." Yin Jun revealed the answer and said, "I looked, and it has issued a total of 110 billion shares. The company owns about 25% of the shares, and the remaining 75% is Circulating shares. And its current price is only 4.13 yuan per share, which is far from its normal value, so I am going to buy about 34% and wait for the appreciation.”
"Taohua Datong?" Kang Xinyuan pondered for a while, and then said: "A company that makes sauces and seasonings, what is worth investing in?"
"That's not necessarily true!" Although Chen Youhan is honest and honest, he is definitely not stupid, "Xinyuan, have you forgotten? Just last May, Hang Lung Group acquired Taohua Datong in Niutaujiao for 200 million yuan. A large piece of land in Taoda Industrial Village, ready for commercial development?"
Yin Jun smiled slightly, and Chen Youhan had grasped the point.
Amoy Datong is a somewhat awkward name, which may sound unfamiliar to mainlanders, but if you look carefully at your stove or the seasoning shelf in the supermarket, you will often see the "Amoy" brand. Soy sauce or something, this is the product of Taohua Datong.
Taohua Datong was originally a seasoning company established in Xiamen, and later moved to Xiangjiang. In the 1950s, it bought a large amount of land in the Ngau Tau Kok area of Xiangjiang Kowloon at a super low price for the establishment of sauces, tempeh, etc. Seasoning factories, workers' dormitories, and schools where their workers' children go to school, etc.
At that time, there were not many people in Xiangjiang, and seasoning companies were necessities of life, so the land sold to them by the government was very large, nearly 700,000 square feet, or more than 60,000 square meters. .
Now in the late 1970s, various real estate developments have sprung up like mushrooms after the spring rain. Ngau Tau Kok, which was originally remote, has become an area with relatively great development potential due to the gradual increase of residents in Xiangjiang.
At this time, Hang Lung Group, one of the top five real estate generals, had the idea of purifying Datong. It spent 200 million Hong Kong dollars to sell 222,600 square feet of land, and reserved it for a year or two. If the real estate develops well, Just develop it.
Of course, for a company like Hang Lung Group to buy land for a factory like Taohua Datong, there have been thirty or forty transactions every year in the past few years, which is not special at all.
For example, Taikoo Shing developed its own Taikoo Dockyard into Taikoo Shing in the past two years; for example, the real estate company bought the warehouse of Mobil Oil to build Meifo New Village; Developed by their Whampoa Dockyard.
Therefore, everyone did not pay much attention to the business of Hang Lung Group.
But no one knows, because the rise of real estate is too fast, especially in 1980.
So in the next year, Hang Lung Group will be envious of the remaining two-thirds of the land reserves of Taohua Datong in Niutaujiao, and will directly acquire Taohua Datong.
Now, the super large land of nearly 700,000 square feet is enough for them to build ten phases and eight phases, and then make money for a long time for more than ten years-the more the housing prices rise, the more they earn. If it is done well, Billions of profits can be obtained casually.
This is also the main reason why Hang Lung Group acquired Taohua Datong.
Yin Jun doesn't plan to buy Taohua Datong to develop the land. Although he has the money, he doesn't have the time and energy.
But the boy wants to buy part of the stock of Taohua Datong, become the largest shareholder, and then earn a lot of money from Hang Lung Group.
Why?
hehe.
Yin Jun can say, is it because he doesn't like the boss of Hang Lung Group?
Oh, not the current boss Chen Zhengxi, but his son Chen Qizong.
Chen Qizong is really famous in the mainland because he donated 350 million US dollars to Harvard University in 2014, which became the largest single donation in Harvard's 378-year history.
This is actually nothing. The publicity at the time was that Chen Qizong was studying in the United States, and it was very normal for well-known alumni to donate to the school he attended.
Didn't Hu Yinxiang also donate 100 million US dollars to Princeton University where he was studying?
There are also many donations of tens of millions or hundreds of millions for the centennial celebrations and Jiazi celebrations of those universities in Huaguo.
But later Yin Juncai found out that this guy actually graduated from the University of Southern California and has nothing to do with Harvard University!
This is xxxxx!
If you have money to donate to those impoverished schools in the interior, schools in mountainous areas, etc., then forget it.
You don’t even donate to the school in Xiangjiang, and you don’t donate to your alma mater. You xxx actually donated to a school that you have never studied, and you still have 350 million U.S. dollars. You really have too much food and nowhere to spend the money, right?
How strong is the belief that the boss of Hang Lung Group has to do such a thing?
An ordinary person like Yin Jun who regards foreign countries as more important than his own country looks down on him very much.
As for what he said about "being ashamed of being a Chinese", although it is reasonable to read the whole conversation carefully, it still makes Yin Jun feel that this is an old generation of bananas, Yellow skin on the outside, white skin on the inside.
Originally, Yin Jun had nothing to do with Hang Lung Group, and a small person like him didn't deserve to have any grievances with him.
But back to 42 years ago, and now he just encountered such a good opportunity, he didn't "educate" the Chen family well, and felt really upset.
If your thoughts are not clear, you will not have the energy to do anything.
What's more, Yin Jun can really make a lot of money because of this, which can be used to repay some loans.
After all, owing such a billion Hong Kong dollars, Yin Jun still has a lot of pressure no matter how big his heart is.
Therefore, in the matter of Hang Lung Group's acquisition of Taohua Datong, Yin Jun is determined by Hang Lung Group, and he must let them cut the meat severely.
But it is impossible for Yin Jun to tell others about this matter. From the perspective of business alone, there is nothing to blame for buying low and selling high.
After Chen Youhan's explanation, Kang Xinyuan thought that Yin Jun wanted to get involved in the real estate business again, and then looked at Yin Jun smiling and nodding, thinking that he had suddenly realized it, so he didn't ask any more questions.
Next, Yin Jun talked about the second deal: "The second deal I am going to buy Wharf stock."
This business is easier to understand.
Kang Xinyuan reacted immediately, "Do you think Charter King and Landmark will eventually fall out? Then you take the opportunity to make money?"
"Yes." Yin Jun nodded, "Who is the charter king? In recent years, the shipping industry has not been very easy to do. His goal of reducing ships and going ashore is very clear. If he just became a shareholder of Wharf, how could he possibly do so?" Willing? Of course, it is impossible for Hongkong Land to give up Wharf, because this is one of their basic assets and cannot be offered to Huaguo people. Many people understand this truth, so the stock price of Wharf is going up all the way now!"
"But it has risen to about 38 yuan from the 25 yuan you bought last time, and the increase has exceeded 50%. Is it a bit risky for you to enter?" Chen Youhan asked, "After all, if the increase is a percentage One to twenty, isn't it worth your fanfare?"
"I don't think so." Yin Jun shook his head and said, "Wharf has such good land resources and ports, its actual value should be very high. Coupled with the fact that the two tigers are fighting, the stock price will inevitably increase. I am inclined to In the end, it rose to around 60 yuan... Hehe, to be honest, that is, I want to do comics weekly and buy shares of Cheung Kong Industrial, otherwise I would have bought more Wharf stocks last year. Now that it has risen so much, I also It hurts a little!"
"Hehe, why do you feel distressed? Of the two transactions you made, which one is not better than buying Wharf stocks? Needless to say, Comic Weekly, Cheung Kong Industrial must at least double or triple, how much more than 50% Let's go!" Kang Xinyuan said with a smile.
They thought they were right, and thought that Yin Jun's investment was good, but they definitely underestimated the charter king and Niu Bijian.
In order to compete for Wharf, the two giants almost played a pig's brain.
Originally, around May next year, Wharf's stock value was still around HK$70 per share.
But in June, when the two giants were fighting desperately, Niu Bijian bought Wharf shares at a total price of 100 Hong Kong dollars in the form of Landmark shares plus cash, which increased the Wharf shares by almost 50% in one go. !
Bao Yugang played even better, and directly shouted 105 Hong Kong dollars a share in cash to buy stocks!
This made Xiangjiang stockholders laugh from ear to ear and made a fortune!
Now the stock price of Wharf is only 38 shares. In about 8 months, you can earn at least 65 yuan, which is almost a 190% profit! !
Such a high profit is the important reason for Yin Jun to make a move!
If it wasn't because he wanted to educate Hang Lung Group, Yin Jun might not be willing to sell the business between Hang Lung Group and Taohua Datong—the profit is not very high, and it seems troublesome!
"The third acquisition is not a stock investment." Withdrawing his thoughts, Yin Jun said, "I want to buy a company, Kowloon Bus."
"Kowloon Bus? Why do you buy the bus company?"
Yin Jun's jump was a bit big, and both Chen Youhan and Kang Xinyuan couldn't react.
"There are two reasons. The first is that the bus company's profits are very good. The second is that if I build Tianshuiwei, there are not many good bus lines. How can I guarantee that people in the urban area will buy houses there?" Yin Junzheng said The way of leisure.
"That's what you say...it makes sense." Chen Youhan is a smart person, and he knows everything.
Kang Xinyuan thought more deeply: "Okay, Mr. Jun, you have a good idea! As long as you control the bus company, if you want to have convenient transportation for any remote real estate in the future, I have to ask you!"
"It's not that you're begging me, let's cooperate." Yin Jun said with a smile, "Actually, it's mainly the Tianshuiwei side. Will the city be very convenient? There were no buses to take in the past, but now you can go to work in Yau Tsim Mong and Hong Kong Island an hour earlier, and the house price is so cheap, isn’t it good?”
"But, won't you lose money if you open such a dense bus line?" Chen Youhan said, "Unless Changshi Group and Derun also complete the development there, they can't support so many bus lines, right?"
"It doesn't matter if you lose money. Anyway, isn't the government stipulated that the profit can only be 16% at most? Every year, a lot of profits should be used in other places to subsidize the bus lines and work hard for the convenience of the public. Isn't this good?" Yin Jun spread his hands and said.
"Hahaha……"
Kang Xinyuan couldn't help but burst out laughing, "Young Master Jun, Young Master Jun! You are really good at doing business!"
Kowloon Bus actually makes a lot of money, but the government announced that because Kowloon Bus is a public utility, the profit cannot exceed 16%, so the price increase has nothing to do with them.
Now, as long as Yin Jun counts the bus routes from Tianshuiwei, he might still lose money at the current fare, so the price increase is understandable. In the future, when the operation matures, the price increase will generally not come down.
Yin Jun is equivalent to using the resources of the Kowloon Bus to serve his own real estate without spending any money. He is really calculating!
Besides, after the ticket price increases, Yin Jun can give bonuses to more bus drivers, waiters, repairmen, etc., so that he can quickly buy their hearts and minds, which will help Yin Jun to control Kowloon buses well!
Chen Youhan and Kang Xinyuan couldn't help but marvel at the closeness of Yin Jun's calculations.
But after all, they are the older generation of business people in this era, and they never thought that there was actually a more important reason for Yin Jun to buy Kowloon buses!
There are many sites owned by Kowloon Bus!
Their bus factories, repair shops, etc. are often tens of thousands of square feet to hundreds of thousands of square feet, and because they were established relatively early, many of them are in very good locations!
After Yin Jun bought the Kowloon Bus and stabilized, he will gradually take out the land of the Kowloon Bus for commercial development, so that these sites with good terrain will definitely make a lot of money! ——As for the bus factories and repair shops that are needed, they can just move out of the city. Anyway, the land occupied by public utilities is very cheap, and it is easy to buy land.
The real estate development in Xiangjiang is very interesting, especially in this era, as long as you pay the land premium, even factories can develop commercial real estate, such as Mei Foo Village, Taikoo Shing, Whampoa Gardens, etc.
And this land price difference is usually not very expensive-compared to the ever-increasing housing prices in Xiangjiang.
Therefore, Yin Jun's real estate business will be developed in a few years or ten years, and at least billions of profits will be made!
After Guo's Sun Hung Kai Properties bought the Kowloon Bus next year, it will do just that in the next ten or twenty years.
With such a good example, how could Yin Jun not study hard?