Best Pick Up Girls

Chapter 244 Small profits but quick turnover

"Damn, awesome man, this level is not inferior to those world-class racers. Could it be that the legendary god of racing, Li Cha, has come to China." A young man in a Versace casual suit driving a Porsche said in surprise. .

"Hmph, another arrogant and boring second-generation ancestor. It's just a Phaeton, so you don't know how to be low-key." A beautiful girl driving a red BMW said with disdain as she watched the Phaeton go away.

Of course Xiao Chen didn't know what other people thought of him.He drove directly to the famous 1942 pedestrian street in Haibin City.

Sitting down at a Western-style simple meal with a good environment but a fair price, Xiao Chen looked at Gu Qingcheng with a smile and said, "Today, you order. I invite you to dinner."

"No way, the sun is coming out from the west?" Gu Qingcheng looked at the menu with a smile, looked up at Xiao Chen affectionately, and hit his beloved man, "Aren't you always a plastic cock? , not even a scum left. It turned out that I paid the bill."

Xiao Chen smiled, and lightly sipped the black tea brought by the waiter.

After Xiaoxiao finished listening to Gu Qingcheng's instructions to him not to peek at girls and not to cheat, or else he would be cut into pieces, Gu Qingcheng couldn't sit still anymore, and asked Xiao Chen what happened today. .

Only then did Xiao Chen talk non-stop and said endlessly: "Would you like to play with a listed company?"

"A listed company?" Gu Qingcheng asked in surprise.

"Yes." Xiao Chen stirred the coffee in his cup with a small silver coffee spoon, "From your professional point of view, what do you think of seaside infrastructure?"

"Exam questions for me?" Gu Qingcheng smiled slyly, Danfeng's eyes narrowed into a beautiful crescent, and then he talked, "From Dingtian Group to Haibin Infrastructure, many enterprises in Haibin have one thing in common. Blind diversification. Seaside infrastructure is called infrastructure, but it actually involves a wide range of industries, from hotels, film and television entertainment, to energy, electronics, etc. I have read their annual report, which involves [-] industries. But these industries are not complementary .That is, when a crisis hits, they don’t have the core cash flow to keep them financially sound. If bust, bust, if boom boom. And, non-specialization, they’re less effective.”

"In fact, their real estate can be called the core cash flow." Xiao Chen added.

With the protection of the mayor Tang Guodong, the seaside infrastructure was able to obtain good land at a low price, and after development, it quickly increased in value and maintained an inexhaustible river of gold to subsidize other industries.

"The question is, can this kind of core cash flow be sustainable?" Gu Qingcheng said solemnly, with a serious look, "Without Tang Guodong's blessing, can they easily get low-priced land? Except for the land , their model is not advanced."

"Then if you were allowed to control the seaside infrastructure, how would you deal with it? I mean, from an academic point of view." Xiao Chen finally raised the question.This is also the exam question she gave Gu Qingcheng today.

When it came to professional issues, Gu Qingcheng looked very confident and directly ignored the simple meal brought by the waiter.Talking to Xiao Chen with eloquence:

"First, de-diversify and take the road of specialization. According to the research results of corporate finance in 1998, diversification with low correlation will reduce the value of the company. The direct reflection in the stock market is that the stock price continues to fall. Of course, Huaxia Most of the stockholders are immature and know little about financial knowledge. Generally, they regard the company's investment as a kind of good news, and the stock price rises instead. This is most obvious when the Delong Group expanded at the beginning of the century. However, the fate of Delong's final collapse It also proves that blind diversification is not advisable and will cause a break in cash flow."

"Professor Yang Jingchu of the Chinese University of Hong Kong once praised the diversification of Li Jiacheng's Huanghe Group from the perspective of financial stability. In my opinion, he didn't understand it. The first is that Li Jiacheng, including many Hong Kong godfathers, is in the market competition. There are enough Asia-Pacific countries to do business, and they are eager to seize the market. The second is that they have already internationalized and fear that the political situation in different countries will change suddenly, which will be unfavorable to them. But the most important thing is that their credit funds come too easily and the cost is too low. In China, these conditions are not met. You also know that Delong died because of the tightening of credit. Therefore, it is necessary to diversify.”

Xiao Chen nodded slowly.Gu Qingcheng's opinion is similar to his.Asked: "If you specialize, which industry do you leave behind?"

"If Tang Guodong is still there, the seaside infrastructure real estate can still bring core cash flow. I will sell and spin off the rest of the industry, leaving only the real estate field. Then optimize the development model..."

"What is the development model in your mind?"

"Do you know that there used to be a real estate madman in the last century who challenged Vanke Wang Shi?"

"Sunco Real Estate?"

"Yes. Sunco's development model is just one word: fast! Acquire land quickly, develop quickly, sell quickly, and return cash flow quickly. However, Sunco was also destroyed because of its inaccurate grasp of macro policies. Back then, Wang Shi of Vanke once Criticized Sunco. But in fact, Vanke’s current model is to learn smoothly. When the gross profit rate remains unchanged, if the capital turnover rate is increased, the return on capital will increase significantly. The so-called small profits but quick turnover is an indestructible truth .”

Xiao Chen smiled and said: "Wang Shi's roots are very deep. His grasp of the macroeconomic environment is obviously beyond ordinary businessmen. When Yang Jingchu was in class at Cheung Kong Graduate School of Business, when he asked questions in class, which entrepreneur in the audience never asked government officials Bribery? Very few people responded, only Wang Shi dared to raise his hand. It was a good story for a while. In fact, they didn’t know that Wang Shi’s father-in-law, Wang Ning, was a big boss in Dongjiang, and he was the deputy secretary of the Dongjiang Provincial Party Committee. His father, Wang Hui, was from Nanniwan In that song, Wang Zhen of the [-]th Brigade is the hardcore. It’s not that Wang Shi doesn’t take bribes, but that he doesn’t need to. This kind of red family still needs to pay bribes to do business?”

"Yes. Go to diversification, take the road of diversification, and strengthen internal management. Seize the core cash flow, speed up development, and increase capital turnover. At the same time, the grasp of the macroeconomic situation must be more predictable. That is my opinion on seaside infrastructure. Strategic advice." Gu Qingcheng concluded with a smile.

The sun was warm, shining on Gu Qingcheng's face that seemed to be smiling, but the breeze was blowing, and Gu Qingcheng's jet-black hair was gently raised.

With a beautiful face, snow-white skin, a smiling face, wise and confident, with strange phoenix eyes flying upwards slightly, Gu Qingcheng has a special temperament in his whole person.

Xiao Chen suddenly found that this eloquent and eloquent Gu Qingcheng was a little more beautiful than usual.

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