"Not really!"
"What's that? The total market value of the Kowloon Bus Company was only around 200 million yuan. Buying 20 million yuan was equivalent to almost 10% of the circulating shares.”Annie blinked and asked.
"There's no hurry. You'll know when you wait and see.”
Song Tianyao did not explain.
His goal was not the Kowloon-Hong Kong bus. How much money could he earn by taking the bus?
Iron Blood Warrior was about to be released, and no cinema chain would be able to take a large sum of money for nothing.
This was unacceptable to him, even though it was still a guaranteed system and not a sharing system.
However, it was still a large sum of money.
However, it was troublesome and laborious to create a theater chain from scratch. Song Tianyao had wanted to acquire it from the beginning.
In the late 1970s, there were four cinemas in Hong Kong.
1. Shao's Cinemas. There were 16 cinemas under its banner, and there were about 49 screens.
Basically, only films from Shao's Company and their partner production companies were screened. If there was no cooperation, it would be very expensive.
Moreover, because Shao's films were produced under a factory system, they were far away and sufficient to meet the demand for broadcasting without the need for external demand.
2. Jiahe Cinemas, which had 19 cinemas and about 56 screens.
The film source was not as good as Shao's, but their distribution business was very active, and they also liked to play movies from independent production companies.
3. Lisheng Cinemas, which had a number of first-class cinemas in the flourishing district. There were 12 cinemas of various sizes, divided into Chinese cinemas and Western cinemas.
4. The Lianhua Line of the Shuangnan Line had the least places and the worst operating conditions.
......
Shao's Cinemas only broadcasted their own movies and rarely showed them to the public. It was not Song Tianyao's first target. Moreover, Sir Shao had gradually shifted his focus to the wireless television station. It did not matter if it was a little later.
Jiahe Cinemas was the screening window for all the production companies in Hong Kong. They were doing well, so naturally, they would not sell it. He could not offer Jiahe a price that he could not refuse, so there was no way he could buy it.
Shuangnan Cinemas was a Chinese-funded enterprise that broadcasted inland movies. It was impossible for it to be acquired.
Hong Kong's commercial films were generally not screened in the Shuangnan cinemas because as long as the film was screened in the Shuangnan cinemas, it would not be able to enter the Bay Island market. The production company would also be blacklisted by the Bay Island's Film Inspection Office.
It was not within the scope of consideration at all.
Therefore, the best choice was Lisheng Theater.
Li Sheng Cinemas was founded by Lei Juekun and his family, but the business situation was not good. A few years ago, they even rented the two cinemas, Kaisheng and Huasheng, to Jiahe.
Lei Juekun's family's main businesses were transportation and real estate, namely, the Nine Dragon Bus Company and the Nine Dragon Real Estate Company.
Lisheng Cinemas's current revenue was not good, and it could only be considered a side business. After all, Lei Juekun had not changed his name to Golden Princess yet, nor had he invested in New Arts City.
In a few years, when the Lisheng Theater changed its name to Golden Princess Entertainment, Golden Princess Entertainment would become the financial backer of New Arts City Film Industry and control 51% of the shares. If they made a lot of money, it would be impossible for them to acquire it.
However, Lei Juekun had always been interested in the film industry. Even if the business was not doing well, he had never heard of any plans to sell it.
Song Tianyao naturally had a way to deal with this.
At this moment, the trader turned around and shouted,"Mr. Song, the price has increased by five cents. The price is now 2.60 yuan.”
"Sell it at 2.30." Song Tianyao instructed with a smile.
"Understood!" The trader did not ask anything and carried out the order in time.
"Boss, why are you selling it at a low price?" Annie asked in confusion.
"I want to collect enough chips in the early stages. Besides, 2.30 yuan is not without profit.”
Song Tianyao explained with a casual smile.
If he wanted to force Lei Juekun, he had to have enough capital.
The more capital stock, the better. The lower the stock price, the better. Only then could he spend less money to do more things.
Hong Kong stocks could be bought and sold at will. The big and small sold well orders were all his, which was equivalent to being the banker. If there was no external intervention in the stock price, then he had the final say.
If he bought too much, the stock price would naturally rise, and the shareholders would participate in chasing the rise. He would not be able to buy cheap chips, so he had to suppress it a little.
Song Tianyao's goal was not to harvest leeks, but he would not care if the shareholders were involved.
Perhaps he could even make a profit in the end.
Why did he have to trade at the Hong Kong and Shanghai Bank? Song Tianyao's goal was to let Lei Juekun know and participate in the stock market.
......
The Kowloon-Long Bus Company.
In the chairman's office.
The middle-aged man was writing something behind the mahogany desk.
The man was none other than the chairman of the Kowloon-Hong Kong bus company, Lei Juekun. He was fifty-five years old and had a three-to-seven-split greasy hair. He wore a pair of glasses that made his small eyes look even smaller. His cheeks were drooping, and he looked very powerful.
"Dong dong dong ~"
Lei Juekun did not even raise his head when he heard the knock on the door."Come in!"
When he saw that it was his assistant, Tian Hao, who walked in, he said unhappily,"Didn't I tell you not to disturb me if there's nothing important?”
"Boss, something big happened." Seeing that the boss was unhappy, Tian Hao quickly explained,"Manager Huang from Nine Dragons Trading Company called. The company's shares have risen.”
"Yo, this is a good thing. It means that the shareholders are optimistic about the company.”Lei Juekun's fierce face trembled as he laughed.
"Boss, the fluctuations are abnormal. Once the price rises, there will be sold well who will suppress the stock price. Manager Huang said that it might be a big hand who is maliciously acting as a banker and chose the company.”Tian Hao hurriedly explained.
"Is this good or bad?" Lei Juekun asked in confusion.
Tian Hao said," There are good and bad. The good thing is that the company will probably welcome a wave of growth. The bad thing is that when the banker leaves, only high-ranking shareholders will be left. Besides,"
Lei Juekun waved his hand and interrupted Tian Hao's nagging. He said impatiently,""The stockholders will only chase after the rise and kill the fall.”
"Just tell me if it will affect the company.”
"Boss, after the big boss leaves, the stock price will probably fall again. The company's market value will be even lower, and the shareholders will have no confidence in the company. Other than those who are stuck in high positions, if there is some big negative news about the company, it will trigger a sell-off, and the stock price will be even lower.”Tian Hao replied.
"So, the only ones who will die are the shareholders? The company would be fine. No matter how low the stock price was, there would still be people buying it. Was that reasonable?”Lei Juekun asked with a frown. He didn't know much about finance.
Besides, he had no intention of selling his shares in the company. He wanted to increase his shares. It would be better to lower the price.
"Uh…" Tian Hao choked and said,""That's what I mean."
"Then what are you talking about? Get out." Lei Juekun waved his hand impatiently.
"Alright!"
At this moment, in the Hong Kong and Shanghai Investment Bank.
Song Tianyao was still sitting on the sofa and waiting.
"Mr. Song, we've already bought 40 million Hong Kong dollars.”The trader turned around and shouted.
"Withdraw all the sell orders, and at the same time, take out 10 million and start to increase the shares. Maintain the tradable shares in one account at 5%, and at the same time, make a written report to the Hong Kong stock market supervision and management agency.”Song Tianyao said with a smile.
"Understood!"
Song Tianyao took a sip of coffee in satisfaction.
The stock market stipulated that once one held 5% of a listed company's shares, they had to raise their placards.
The placard system was to make a written report to the stock supervision and management institution and the stock exchange, notify the listed company and make an announcement.
This type of stock generally could not be transferred in a short period of time, which was equivalent to locking in some chips. It was a small advantage. As long as this news was released, the shareholders would not have to worry about not following.
Lei Juekun held 22% of the shares of the Kowloon Bus Company, and was the largest shareholder.
However, if he were to spread the news that he wanted to acquire the Nine Dragon Bus Company, Lei Juekun would feel a sense of crisis and make a decision. Naturally, there would be no problem.
.......
The next day.
The Kowloon-Long Bus Company.
Lei Juekun looked at the proposal on the paper and nodded in satisfaction.
"Boss, Boss, something bad has happened.”Tian Hao pushed open the door and shouted in panic.
Lei Juekun glared at him.”
"Boss, someone has raised their sign. There's news that they want to acquire the company.”Tian Hao said quickly.
"What?" Lei Juekun's pupils constricted as he asked hurriedly,"Really?"
"It's true. It's a message from the stock exchange bureau. They want us to make an announcement.”
"How much has the other party bought now?" Lei Juekun asked anxiously.
"It's already 6%. The stock price has been rising steadily, reaching 3.70 yuan.”
"Let's go to Nine Dragons Trading Company."
Lei Juekun hurriedly picked up his suit and left.
.........
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