Break out of the courtyard

Chapter 246 Real Estate cheats and drinks milk

Chapter 246 Real Estate cheats and drinks milk

"It seems that the main funds on No. 021 have successfully withdrawn!" Zhang Heping squatted down, hugged Zhang Feng, the fourth daughter who ran towards him, and immediately asked: "How many goods were sold on No. 021 today? Who swallowed it? ?”

"Sold 85 shares!" Stock broker Chen Shuting said with a serious face: "I finally understand that the rise and fall of stocks has nothing to do with bad or good news, it is all about money! Whoever controls the movements of big funds, who You can control the rise and fall of stocks!"

Zhang Heping stood up with his daughter in his arms and asked casually: "Who eats so many stocks?"

"That's the problem. All the stock brokers are collecting it, and our company's Lao Jin is also collecting it for customers. I took a peek and saw that Lao Jin's client is a hawk!"

"The main funds have been reduced to zero!" Zhang Heping said with a smile: "Do you know why I insist on buying the milk company's stocks?"

Chen Shuting shook her head. This was her biggest doubt.

With Zhang Heping's technology and capital, he could easily be the main force in raising the stock price of any small listed company. Why should he hold on to the milk company's stock?
"We will see the result soon!"

……

The reason why Zhang Heping is so obsessed with the dairy company's stocks is that firstly, he is influenced by the memory of his past life, and secondly, the southern exit of the newly opened undersea tunnel is facing the prosperous Causeway Bay market that has just started to become popular!
It takes more than half an hour to take the ferry from Tsim Sha Tsui to Central.

It only takes 7 or 8 minutes to go through the undersea tunnel.

Although on the surface, you can only earn 1 yuan by exchanging 2 share of Dairy Company stock for 12 shares of Land Company.

However, from the perspective of interested shareholders of the Milk Company, the number of shares currently issued by the Land Company is five times the number of shares issued by the Milk Company!
The Land Company only needs to take out 40% of the issued shares in exchange for 100% of the issued shares of the Dairy Farm Company. The Dairy Farm Company has suffered a huge loss!
On the day of the incident, the shareholders of the milk company had not yet reacted, or the money had not been received.

Investors who don't know why only look at the stock price.

Not to mention that Land Company did not have that much money to acquire the milk company head-on, even Jardine Matheson at this time could not afford that much money!

In other words, 2 shares of Land Company stock cost 188 yuan, and 1 share of Dairy Company stock costs 135 yuan. Just exchange one share, and you can earn 1 yuan more for 53 share of Dairy Company stock!
If Zhang Heping exchanges it, he can earn HK$100 million in seconds for 5300 million shares.

However, the talents of the Land Company came up with a "cheating" acquisition method that not only cost no money, but also made money...

Now, in the milk company, Sir Zhou holds the largest share of equity and occupies the position of chairman of the board of directors. In addition, he has wide connections in the Chinese circle. Without a large amount of financial support, it is difficult to acquire the milk company!
The real estate company that is about to acquire the milk company is a subsidiary of Eagle Capital Jardine Matheson.

Everyone knows that the Milk Company's land is good, but before this year, there was no one other than Sir Zhou who dared to pursue the idea of ​​the Milk Company.

In addition, the Dairy Farm also has a large area of ​​land in the west of Hong Kong Island with auxiliary forests, which is very suitable for real estate development!

But retail investors have already settled the accounts for the milk company and are buying the company's stocks like crazy.

2股置地公司的股票,换1股牛奶公司的股票。并将于1972年11月7日把收购方案寄与牛奶公司各股东。

Comparing the closing prices on Friday, October 10, Land Company's stock price closed at 27 yuan, and Dairy Farm's stock price closed at 94 yuan.

On October 10st, Land Company published another advertisement in the Hong Kong Island Daily!
Land Company claimed that the new company after reorganization will have total assets of more than HK$17.5 billion. After the new company is established, the share price of Land Company will definitely double!
As a result, the Far East Exchange Hall became popular, and the milk company's stock price kept rising!

On October 10th and 26th, the milk company's stock consolidated for two days, and the stock price fell by 27 yuan, driving away some retail investors.

At the market close that afternoon, Dairy Farm's stock closed at 152 yuan, an increase of 4%. By exchanging 12.89 shares of Land Company shares, you could still earn 2 yuan.

On the morning of Monday, October 10, Eagle Real Estate published a full-page advertisement in the Hong Kong Daily, announcing its acquisition of the Milk Company. The acquisition plan is:

It is said that the milk company used to be Eagle Capital Company, and it also had other small pieces of land and dairy factories under its name. Later, Sir Zhou used his connections to secretly take advantage of the corner.

When the market closed in the afternoon, Dairy Farm's stock closed at 196 yuan, up 28.6%; Land Company's stock rose slightly by 9% to close at 104 yuan.

Just ask if Causeway Bay, located at the southern exit of the Cross-Harbour Tunnel, is a place where every inch of land is at a premium!
The dairy company has a large piece of land in Causeway Bay, but only raises more than 100 cows. Don't you think it's irritating?

However, Land Company said in the newspaper that after acquiring the Milk Company, the share price of the reorganized Land Company would double!

Therefore, the calculation method in the eyes of retail investors should be like this:

The stock price of Land Company is 104 yuan * 2 shares * 2 times = 416 yuan.

For 1 share of milk company stock, you can earn 220 yuan after exchanging it!
Due to the hot trading of Dairy Company shares, it was all up to stockbrokers to instruct traders to rush to buy. Traders with small arms and legs were unable to squeeze in, resulting in many people not buying Dairy Company shares.

Then, people who did not buy the milk company stocks found that other stocks were also rising, so they ran to buy other stocks.

Such popular buying and selling caused the Hong Kong stock index to soar by 43.67 points that day, reaching 623.67 points, and the trading volume broke the record, reaching 44330 million Hong Kong dollars.

That evening, when stockbroker Chen Shuting came to tell Zhang Heping the good news, she heard a group of rich ladies sighing for Zhang Heping and his wife in the living room of Villa No. 8.

"70 shares!" A charter woman lamented to Tang Xin who was feeding her children: "If you had kept it until today and sold it, it would have been HK$ million! You lost money! You lost money selling it! What a huge loss. !”

"Ouch... stop talking. I sold 5 shares before, and the average price was only 72 yuan!"

"You're pretty good. I sold 66 shares at an average price of 10 yuan. If you don't believe me, ask Xiao Chen!"

"Hey! Isn't this little girl selling stocks?" A charter woman pointed at Chen Shuting in surprise and asked Tang Xin: "Axin, is your husband still trading in stocks?"

"Ahem!" Tang Xin coughed, looked at Chen Shuting and said, "It's useless for you to recommend stocks. We will speculate in gold instead."

"that……"

Before Chen Shuting could think of how to answer, she was interrupted by Tang Xin again, "Forget it, my husband is taking care of the children behind the villa, you go tell him."...

What outsiders didn't know was that that night, Henry, the chairman of the board of directors of the Land Company, took the initiative to pay a visit to Sir Zhou, the chairman of the board of directors of the dairy company.

Henry, the hawk, gave Lao Zhou a lot of high-profile hats and all kinds of flattery, and promised that after acquiring the milk company, he would let Lao Zhou continue to be the chairman of the board of directors of the milk company and only buy the land of the milk company.

By the way, if a milk company has no land, where can the cows be raised?

Therefore, how could Lao Zhou, who has endured the test of flattery for many years, fulfill the other party's wish!
In addition, the other party's acquisition by exchanging stocks for stocks was equivalent to a blatant seizure of control of the milk company, which violated Lao Zhou's bottom line.

Anyone who owns a listed company knows that as soon as the stock price falls, retail investors will lose their holdings.

The Land Company only needs to control the price of its own stock for a few ups and downs, and it can take back the Land shares used in exchange for the milk company's shares at a low price.

This is easier than robbery!
On November 11, the share price of the dairy company exceeded 1 yuan. Zhang Heping took the opportunity to sell 200 shares at an average price of 10 yuan.

On the 2nd, the stock price of the dairy company was in a fierce battle at 210 yuan for a day. Zhang Heping placed 210 shares on the trading blackboard at 10 yuan and queued up to wait for the main funds to ship.

Five minutes before the market closed, all 5 shares were bought, and the milk company's stock closed at 10 yuan that day!
On the morning of the 3rd, the board of directors of the dairy company issued a useless announcement in the Hong Kong Island Daily: calling on shareholders to make careful decisions and wait for further notice from the board of directors.

After that, the milk company's stock continued to break through 10, which seemed to create an illusion for retail investors that everyone was working hard to break through!

In addition, retail investors who hold shares in Dairy Company have reached a consensus: as long as Dairy Company's stock is not higher than 4 times that of Land Company, they will make a profit and will definitely not lose!

Silly and naive...

On Friday the 4th, after the shares of the Dairy Company closed at NT$231, Hong Kong Island was bombarded with media news released by the Dairy Company and the Land Company over the next two days and weekends, and all kinds of breaking news spread.

When the Hong Kong Morning Post on November 11th came out, it was proved with pictures and texts that Land Corporation had sent the acquisition plan to the shareholders of Dairy Farm, and once again stated the 7-for-2 acquisition plan in the newspaper, Dairy Farm's stock price continued to rise.

However, today’s level has become 235 yuan.

That afternoon, the closing price of the milk company's stock was 235 yuan, successfully breaking the barrier!
Zhang Heping felt that the main funds were taking advantage of the Hong Kong people's love for reading martial arts novels during this period, and deliberately created a sense of joy and accomplishment in breaking through, so that they would be deeply involved!

On the morning of the 8th, when Zhang Heping entered the Far East Exchange Hall again, stockbroker Chen Shuting smiled and handed over a copy of the Hong Kong Daily News of the day.

The dairy company issued another advertisement, clearly rejecting Land's acquisition plan, and calling on shareholders not to exchange shares with Land.

emmm...it feels so powerless.

Looking at the Land Company, a press conference was held in their company's large conference room at 11 o'clock in the morning, where the acquisition was once again announced, and the specific exchange time and location were given.

Comparing the hatchback, it seems that the Land Company is more formal.

The key is that after the press conference, a piece of breaking news came out: If you don't go to the Petal Street Registry in Central to register for a share exchange before November 11, the Dairy Farm's shares will be invalid.

As soon as professionals heard this news, they knew it was false, but that didn't stop there being so many people who didn't understand stocks!

Anyway, many people who bought stocks have already registered.

As a result, there are relatively few stocks available for sale on the exchange, and the stock price depends on how large stockholders operate.

As for the stocks held by shareholders of the dairy company, Sir Zhou is still trying to persuade them not to exchange or sell them.

Under the circumstances of the ebb and flow, as long as middle shareholders like Zhang Heping do not mess around, the stock price will slowly break through and rise until the shareholders of the dairy company can no longer resist the temptation and sell their shares to retail investors.

Then, retail investors who could not resist the temptation exchanged the milk company's shares for two shares of the Land Company to achieve the purpose of acquisition.

During this operation, Land Company, as the main financial force, continuously sold its shares to retail investors who wanted to exchange shares at high prices, and then received uncontrolled large-scale sales orders. One was to guarantee the stock price, and the other was to sell the shares the next day. Sold to retail investors at high prices.

During this period, Zhang Heping just quietly accompanied the main funds to ship, and sold another 240 shares for 10 yuan. The milk company's stock closed at 241 yuan that day, breaking the barrier again.

In addition, as a large number of people from Hong Kong entered the stock exchange to buy stocks, the Hong Kong stock index reached 700 points in the afternoon!
On the morning of the 9th, the dairy company followed the example of the Land Company and held a press conference to put forward three major reasons for opposing the acquisition:

1. Land company’s dividend is too low.

2. Real estate companies’ profits are too low.

3. The milk company has excellent reputation and strong strength, and can protect the long-term interests of shareholders.

Emmm...

This seems to be a reason to persuade shareholders and has nothing to do with retail investors.

Zhang Heping was so stupid by such a weak way of counterattack, he thought, can't you imitate the A-share big guys and give him a high reward?
1送10不行,就1送1000,看置地公司怎么2换1。

If it doesn’t work, your trading will be suspended!

As a result, the board of directors of the milk company seemed to have heard Zhang Heping's thoughts and made a really big move...

(End of this chapter)

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