Hong Kong Island: From a small stall to a global supplier

Chapter 217 Oolong: Wang Yaotang's Regret

Zhang Yaorong was very happy and didn't know whether to cry or laugh.

Zheng Donghan and others were furious.

But before anyone could say anything, Wang Yaotang suddenly said, "5%, 2500 million, and the valuation is 4 million!"

moment.

Zhang Yaorong shut up and stopped talking for three days? The money doubled?
Zheng Donghan and others were stunned.

"You're crazy!" Zheng Donghan pointed at Wang Yaotang, his fingers trembling. "Do you think we don't know how much money you spent on this acquisition? We have long-term cooperation with those music stores. You spent more than 4000 million in total. It's only been more than half a month, and you're asking for 4 million right away. You can't rob money like this!"

"I fought from PolyGram to Warner. Lao Dong and more than 300 people were sent to the police station by you. All the places were raided for three consecutive days. Prince Rong sent 5000 people to raid me. More than 50 stores were smashed to pieces. More than 200 people were killed or injured in a big battle. The police have been biting all the communities in Hong Kong Island like mad dogs. These are not the cost!"

“You, you, you!” Zheng Donghan’s face turned purple with anger, and he stood up suddenly. “How dare you talk about hitting our PolyGram? Shameless, the most shameless!”

"Why are you embarrassed to say it?" Wang Yaotang spread his hands. "Why can't I say it? This is the capital of my livelihood. Hong Kong's ability to unify the market in one fell swoop depends on your upper lip touching your lower lip, and it depends on the fucking people below chopping it out one knife at a time!"

"In the future, Yaoxing will not be trapped in Hong Kong and Macau forever. It will definitely develop towards Taiwan, Lion City, Thailand, and Monkey. What will we rely on then? Will we rely on you to reason with the local evil forces?"

"If you take over 10% of these local markets, you will have a turnover of hundreds of millions and tens of millions of profits. Do you know how many lives you can buy for a piece of the pie? Why, do you think the Taiwanese gangs will not dare to take action because of the name of the Hong Kong company? Or are they afraid that the Hong Kong police will go to Taiwan to arrest people, or are they afraid that you will curse them in the newspapers?"

"You are not familiar with other places, and you are not familiar with Taiwan either. Legislators are exempt from the judiciary, black money is in politics, and the mafia is deeply involved in politics. If you run for election, you will be hacked and shot. If I don't have my men to fight you, you will be the first one!"

"Will you pay for these expenses or will PolyGram pay for them? Human life is not money. Doesn't it cost money to support people?"

"You're fucking psycho!"

"Pick up the bowl to eat, put down the bowl to curse."

Zheng Donghan was speechless after hearing this. He sat down awkwardly. "At worst, the branch company will give some shares to the local tyrants. Didn't you say that cooperation is a win-win situation?"

"Then how much should we give? Who wins more and who wins less in the cooperation? How do we define it? Oh, tell me!" Wang Yaotang no longer had the elegant demeanor he had when he was giving a PPT presentation, nor did he have the arrogance and recklessness he had just shown to have high aspirations. Now he finally showed the aura of the society's big boss, Shuanghua Honggun, and after a loud scolding, he suppressed everyone's aura.

Local tyrants and public security issues are unavoidable.

Even internationally renowned European and American companies are helpless in this regard. No matter how powerful the United States is, it can't do anything about the ordinary local criminal forces.

It is impossible to mobilize national forces for such a trivial matter. Being able to mobilize diplomats to speak is already a big deal.

No matter how powerful a cannon is, it can’t kill a mosquito.

PolyGram was able to gain a foothold in Hong Kong Island only after acquiring Diamond Records. Without Zheng Donghan, who has a huge influence in the music circles of Hong Kong, Macau and Taiwan, it would have been impossible to succeed.

"This is the company's public relations expense, so we have to pay for it." Intimidated by the momentum, Zheng Donghan said in a gentle voice.

Wang Yaotang's expression also eased. "In the past few years, the P/E ratio of Hong Kong stocks has been between 8-15%. Yaoxing is considered a stable traditional industry. The P/E ratio is calculated at a relatively low 10. The annual profit is calculated at 1.5 million. The market value after listing is 15 billion, leaving a 4-fold increase in room for listing. What's wrong with my valuation of 4 million in this round of financing?"

"1.5 million in profit..." Zhang Yaorong muttered in a low voice. He didn't know much about the record industry and looked at Zheng Donghan.

Zheng Donghan took a pen and paper and started to calculate. Wang Yaotang's voice rang out, "Count MTV videotapes in. This is a new market."

"The price of genuine cassettes depends on factors such as the popularity of the singer and the number of new songs. The general price is between 30 and 120. According to our statistics last year, the average is about 50. The total number of domestic and foreign cassettes sold in Hong Kong last year was about 400 million, and the overall market value was about 2 million."

(In the 80s, the purchase price of pirated tapes in Guangzhou was about 4 yuan, and the local selling price was about 10 yuan. At that time, the exchange rate between the two places was about 1:3, and the price of genuine tapes was more than doubled.)
"Add to that the peripheral markets such as posters, pendants, dolls, stickers, and the newly developed MTV videotape market, and it won't be a problem to break through 3 million."

"As for the videotape market that Mr. Wang wants to develop, I can't say for sure, but considering that the cost and selling price of videotapes won't be higher than..."

Wang Yaotang interrupted again, "The videotape market should be dominated by rental. For example, there are 25 episodes in total of "Shanghai Bund". If there are 9 videotapes, we must find a professional investigation company to set the specific price. If I think about it, the price of one box is about 150. If it is rented..."

His eyes swept over several people, "Boss Zheng, do you think my sister-in-law is willing to spend 300 Hong Kong dollars to watch the entire series of "Shanghai Beach" in one go?"

"300, of course she's willing to do that. It's so exciting to watch it all in one go. She's even watching the reruns on TVB now." Zheng Donghan said with a smile.

"You guys are not minced meat, so the pricing must be twice as low."

Zheng Donghan's expression froze and his smile disappeared instantly.

Wang Yaotang laughed and said, "Then let's calculate it based on 100. The rental price per box per day is 10 yuan."

"Then the price can't be lower than 1500. After all, after buying the whole set, you can lend it to your neighbors and the like, which can recover some of the cost, so it's reasonable."

"Only one in ten households in Hong Kong can afford a VCR. If a housewife watches three boxes of 3 episodes a day and watches one episode every three days, the rental market would make a profit of 12 million... Shit!" Wang Yaotang suddenly held his head in shock. "No, I lost money!"

Similarly, Zheng Donghan, Zhang Yaorong and others also stood up suddenly, staring at Wang Yaotang with golden light flashing in their eyes.

That's the shape of money!
Before, I only considered the copyright, production, rental and sales, and only thought about building a big platform.

Fuck!
I actually forgot that the rental market is much larger than the sales market, and for leasing, the store only needs to be purchased once.

While setting up this audio-visual product chain store, the rent and labor costs were almost offset. Although the leasing is not 100% profitable, taking into account depreciation and loss of deposit, it is almost the same!

"5%, 2500 million, we at PolyGram have invested!" Zheng Donghan said loudly, "Sign the contract, now, immediately, right now!"

"Invest your mother's head!" Wang Yaotang cursed loudly with a look of regret, "No, I'm going to get a fucking loan!"

After saying that, he turned around and left.

“Brother Yao, Brother Yao!” Zheng Donghan flipped open the chair and rushed over like a hungry tiger. “Brother Yao, calm down. 3000 million, no, 3500 million!”

"Don't go, don't go!"

"What the hell are you looking at? Pull it!" Zheng Donghan turned around and yelled at Feng Tianzhi and Guan Weilin.

"How many did you say!"

"3500 million!"

"Stop pulling me, get away from me!" Wang Yaotang shook his arms hard, but the three men each pulled one of his arms, and one held his waist and refused to let go.

"Brother, you have to give me a price."

"Well, stop hesitating, Ayao, when are we going to sign the contract?" Zhang Yaorong was also anxious. After the last discussion, he was not in a hurry to sign the contract because the overall acquisition had not been completed.

Nowadays, people still value credibility when doing business, and will not go back on verbal agreements. But now Zhang Yaorong is no longer a proponent.

He invested mostly because he was optimistic about Wang Yaotang's successful experience and outstanding vision in the past year, and he had no idea how big the market was.

It is impossible for a person to imagine anything beyond his own knowledge!

Since it was a new technology, the North American videotape market was just beginning to develop, and it was even more of a new thing in Hong Kong.

"Ah, contract, what contract?" Wang Yaotang laughed.

"Damn it, Ayao, you can't be like this. You agreed to let me invest 10% of the shares!" Zhang Yaorong stared at Wang Yaotang with wide eyes.

Haha, haha, Wang Yaotang laughed dryly, 1500 million, are you embarrassed?

"I'll double it for you!" Zhang Yaorong said gritting his teeth.

Zheng Donghan and the others looked at each other, their eyes suddenly turned red, and they opened their mouths and said, "How low is the price you two agreed on?"
Wang Yaotang hesitated for a moment, "I don't really need these tens of millions, but I'm really frustrated. I had a good idea. The copyright, production, and sales are all mine, and I can swallow up the entire market in one go. I didn't calculate the specific profits from each aspect. My brothers don't understand it at all, and no one around me has any idea about this market. As a result, Zheng Donghan's failure has messed up everything."

Wang Yaotang glared at him fiercely, "Hundreds of millions of profits a year, I'll kill your whole family 100 times!"

Zheng Donghan let go and chuckled twice.

"Let go!" Wang Yaotang yelled, and several people quickly let go.

After finding a new chair to sit down, Zheng Donghan winked and someone ran out to prepare tea and coffee, and locked the door...

"At that time, Lao Dong was suddenly arrested, and the police launched an all-out attack. I didn't even know what was going on. I was trying to find out who was behind it, trying to appease the Donglian Society, and was busy sending people to Taiwan to kidnap Alan Tam and arrest George Lam and Danny Chan. Before we could finish, that loser Tai Zirong jumped out again, and then it was you, the fuck!"

Wang Yaotang pointed at Zhang Yaorong angrily.

"A series of troubles came one after another, leaving me no time to breathe. During this time, I had to deal with other investments and get money from HSBC, otherwise I wouldn't have enough money to start a film. It was one thing after another, and there was no one around me who understood it. As a result..."

"We understand, we understand, it's all our fault." Zheng Donghan and Zhang Yaorong looked at each other and apologized quickly.

No matter what, we must coax Wang Yaotang today.

"Well, it's getting late. Let's have a meal and chat. By the way, Miss Chen Meiling from our company admires you very much." Zheng Donghan saw that Wang Yaotang didn't seem to have any impression of this name, so he smiled and said, "Miss Chen Meiling is a very famous singer in China and Japan. Her English name is Agnes. Because of her cute little canine teeth, Japanese fans call her 'Angel', also known as the Hong Kong Enchantress."

“Very cute!”

"No...you guys are testing me like this!" Wang Yaotang looked weird, "Fuck, who was the one who kept talking about art?"

Zheng Donghan laughed and said indifferently, "Oh, by the way, there is another one named Lan Rui, from my hometown, a newcomer who has not yet debuted. She is also very beautiful and just turned 18 this year."

"18?"

"Ahem, well, almost. Legal."

Wang Yaotang coughed lightly, "You want to corrupt me, right? I own a nightclub, and there are so many beautiful women there. There are so many singers and movie stars in Hong Kong, and I am very determined!"

"Of course, of course, business is business, and relationships are relationships. I know they all admire you very much!"

"Well, it's time to eat." Wang Yaotang looked at his watch.

"Come on, come on, it's my treat." Zheng Donghan said with a smile.

Wei Tao followed behind and coughed at Feng Tianzhi.

Feng Tianzhi laughed and said, "Arrange it!"

Zhang Yaorong followed with a smile. He was not old, less than 50 years old, and could still work hard.

Half an hour later...

"Let me introduce you, Miss Chen Meiling."

Wang Yaotang looked at the girl in front of him who had a pair of pointed little fangs.

"Meiling, this is the little god of wealth you often talk about." Zheng Donghan smiled and patted Chen Meiling on the back.

"Hello, Mr. Wang." Chen Meiling smiled and stretched out her hand to hold Wang Yaotang's arm across her chest, rubbing it gently a few times.

Young, handsome, and elegant, very good.

Wei Tao and Zhang Yaorong were served by unknown young singers. Everyone sat down, laughed and talked, and both the guests and the hosts were having a great time.

After producing the albums for these female stars, they can’t even recover half of the cost, and the companies still have to work hard to train them, so of course they can’t do it without paying anything.

With beautiful women serving us, the atmosphere at the table became lively after a few drinks.

No matter how much you eat and play, if there are beautiful women beside you carefully flattering you and providing enough emotional value, you will feel much better. In this way, the business will have warmth and will no longer be a cold issue of interests, so it will naturally be much easier to negotiate.

Seeing that the main person was very happy being coaxed by Chen Meiling, Zheng Donghan said with a smile: "Brother Yao, a few of us are going to pool some money to set up an investment company."

Wang Yaotang smiled and pointed at a few people, "Oh, you invited me out for a drink and even played the Meiling card. I knew you had other ideas."

"The cooperation will be closer. By the way, Teresa Tang will come to Hong Kong Island in a few days." Zheng Donghan smiled and crossed his arms.

"Are you sure?" Wang Yaotang sat up straight suddenly.

Zheng Donghan finally had a chance to show off. He smiled modestly and said, "It was PolyGram that made her famous. Without PolyGram, there would be no Teresa Teng!"

Wang Yaotang clapped his hands softly, "You've done a great job. As for me, I never like to force women."

"Let's talk about it later, but I agree to the investment company."

"Thank you, Brother Yao." Zheng Donghan picked up the wine glass, "Don't worry, I'll do the job."

"The price..."

Wang Yaotang laughed.

(End of this chapter)