PDLP Chapter 101 Shen Wancheng's First Step in the Scheme is Achieved
Chapter 101 Shen Wancheng's First Step in the Scheme is Achieved
Li Su then asked.
"So what should I do next?"
"Continue to monitor the stock market situation. Ignore the fluctuations in Xu's stock price. The watch factory I'm interested in is Zhongming Watch Factory. Pay close attention to its stock price. Don't wait for it to hit the daily limit down. Start contacting them to acquire it as soon as it begins to plummet."
"Okay, what's your expected bid?"
Shen Wancheng stared at Li Su, her tone uncertain.
"Ten million?"
Li Su swallowed hard, his tone questioning.
"Dollar?"
Shen Wancheng said with certainty.
Hong Kong dollars.
Li Su's surprised voice escaped his lips.
Hong Kong dollars?
No wonder Li Su lost his composure.
Even the worst-performing companies that can go public have a market capitalization of over HK$100 million.
Although Zhongming Watch Factory has only been listed for a short time, it is under the protection of the Xu Group. Even though Li Su has not yet checked the stock price of Zhongming Watch Factory, he can guess that its momentum was very strong.
This means that the market value of this watch factory must have increased significantly before.
Shen Wancheng's current plan to acquire Zhongming Watch Factory for ten million is unrealistic, even if the stock price drops to its daily limit.
Shen Wancheng said.
"It's true that it's good to take shelter under a big tree, but if you become a termite in the roots of the tree, you will be discarded like worn-out shoes."
Li Su could understand Shen Wancheng's meaning.
Once the Xu family launched its watch factory, they were already prepared to completely divest themselves.
Ironically, the Xu family, as an industrial tycoon, owns several listed watch factories, yet none of them have successfully created their own brands. Their main profits come from being OEM manufacturers for high-end luxury goods overseas.
In the end, the goods bearing their own brand were actually inferior products, while the high-end goods were all given to overseas luxury companies.
But no matter how much the Xu family discarded these watch factories, the price of ten million Hong Kong dollars was still too low.
Li Su still didn't think that Madam Xu would agree to such a low price.
"That being said, I think your expected price is still too low. Once someone enters the competition, your entire plan will be a waste."
Shen Wancheng remained calm, fully aware of all of Li Su's concerns.
"Your desire for stability is understandable. However, I'd like to ask you a question: do you think it's more likely that there will be competing buyers or that there will be no competition?"
Without a second thought, Li Su blurted out the answer.
"Of course, it's more likely that someone else is involved. Although these watch factories were discarded by the Xu family, they are still listed companies. After being acquired and integrated by other companies and groups, they can still make a profit."
"Since we all know there will be competitors, why don't we take these factors into account when we plan to make our move?"
Li Su frowned. "You mean you've considered all these factors, but still only want to acquire Zhongming Watch Factory for ten million?"
"Since there is a possibility of such a low price, we should aim to achieve our goal at that price."
Where does this possibility come from?
"You only thought that someone would be involved in the acquisition of the watch factory, but have you considered that they could be our competitors, or they could not?"
"Think about it from another perspective. If you stand in the shoes of the Xu family or these watch factories, we are the same as these competitors. We are all people who want to take advantage of their weaknesses and acquire their factories."
Li Su's furrowed brows gradually relaxed.
He continued Shen Wancheng's words.
“Since the Xu family’s watch factories treat us as the same kind of people, why should we compete? These watch factories are ‘bad meat’ that the Xu family is eager to get rid of; they are not desirable assets.”
Shen Wancheng smiled.
"Do you know what to do now?"
“Miss Shen is wise. I know what to do. When the Xu family puts the watch factory out as a scapegoat, I need to pay attention to who is interested in the watch factory under the Xu Group. When they express their intentions, I will contact them first.”
Li Su was a little excited and couldn't wait to take action.
He took a sip of water to calm himself down and continued.
“Since they want to acquire the watch factory at this time, their goal is the same as ours: to acquire the watch factory at the lowest price.”
“Since we share the same goal, then for us potential acquirers to simply bid against each other would contradict our original objective. We should unite first, divide up these watch factories, and allocate the prices.”
Shen Wancheng was very satisfied with Li Su.
Although Li Su's ideas were always one-sided compared to Shen Wancheng's, he knew that with just a little guidance from Shen Wancheng, he could immediately understand what she meant.
Given time, he will surely be able to stand on his own and become Shen Wancheng's most capable subordinate.
Now that Li Su had explained the key points of Shen Wancheng's plan, Shen Wancheng appropriately lowered the difficulty for Li Su, allowing him to relax a bit.
"What you're describing is my plan. However, there will definitely be changes in practice. The ideal price is ten million Hong Kong dollars. When discussing with all parties, it can be increased appropriately, but it cannot exceed twenty million."
"it is good."
Li Su was indeed relieved when Shen Wancheng lowered the standards.
But his heart was already itching to go to the stock exchange immediately.
"I'll get on it now."
Shen Wancheng finally explained.
"I'll transfer another HK$20 to your card later. Don't be stingy with the money to find informants."
"And if the Xu family finds out about your actions, they will definitely not let you off the hook. So you need to hire bodyguards now, hire more than you need, your personal safety is the most important thing."
"Thank you for your concern, Miss Shen. I'll get to work now."
*
That evening, after dinner, Shen Wancheng took Kela out for a walk and bought a few newspapers.
As she expected, the headlines of various newspapers and periodicals were all about the Xu Group's public statement.
Some reports clearly favored Xu, and the comments were all trying to guide public opinion in a direction favorable to Xu.
These reports clearly indicate that Xu paid for them.
In today's world with advanced internet, this would definitely be considered a paid online army.
But the problem was that this period in Hong Kong was precisely the time when print media was at its most developed and prosperous.
No single wealthy family can completely control all print media.
So there are plenty of periodicals and newspapers that enjoy watching the excitement and are eager to stir up trouble.
Shen Wancheng only picked a positive report; she wanted to see the current level of public relations within the group.
The other reports were not favorable to Xu.
After all, as Xu's hidden rival, these reports were what brought Shen Wancheng joy.
Who told her she was pregnant?
Shen Wancheng always remembered that maintaining a happy mood during pregnancy is the best prenatal education for the fetus.