My Age of Investment

  Chapter 563 Scythe Hand (seeking monthly ticket)

  Old man Su is still digesting the news slowly, and his son can't sit still anymore.

   "No... Mr. Xia, according to your opinion, what Supor is valuable is just a listed shell?"

  Su Xianzhe felt offended by some rotten companies selling shells.

   And their Supor's revenue and net profit have maintained a high growth rate for several consecutive years, and they are still far away from ST wearing a hat.

What Xia Jingxing said was really insulting!

  Looking at Su Zengfu who was silent and unhappy, Su Xianzhe, who was unhappy, and Wang Changrong, the pimp who was listening, chose to watch from the wall temporarily, watching his nose, his nose, his mouth, his mouth and his heart.

  Although he was calm on the surface, he was shocked inside.

  He didn't expect Xia Jingxing to be playing such a big game of chess.

He felt that those outsiders who watched the decline and even joke about Vision Capital will be slapped in the face sooner or later. This master obviously understands my big A shares. This is a trick to change the bird, the phoenix nirvana, and rebirth from the fire... what!

  It looks like an old sickle!

  Although Xia Jingxing hasn't said follow-up yet, Wang Changrong has already made it up automatically.

  M&A Supor, restructuring assets, increasing market value, slowly cutting leeks...

  Xia Jingxing looked at Su Xianzhe, who was a little displeased on his face, and explained: “It’s not really just the shell of Supor. Supor’s stable business and cash flow are also very important to us.

  Because in the process of asset reorganization, we need a very stable business to make us ballast, so that we can do the next step.

  So this is the reason why we did not choose other listed companies that wear hats, and we value Supor alone. "

  Su Zengfu is also coming back to his senses now, and he takes back the words that he had just thought in his heart.

  Where are industrial entrepreneurs? Obviously, they are sickle hands who want to make trouble for A shares.

  He thought that Xia Jingxing was planning to revitalize China's industry and become an industrial tycoon.

  It can only be said that the society is getting more and more impetuous now. People who make too fast money no longer have the mind to sow their own seeds. They just want to do something to kill chickens and get eggs. People are not old-fashioned!

   "President Xia, if you have this idea, I may not be able to sell Supor to you."

  Su Zengfu looked at Xia Jingxing solemnly, and he was straightforward. He no longer used “strategic investment” as a guise, but called it “selling”.

  Xia Jingxing smiled and looked at the old man. The other party said this, all he expected. After all, the old man’s original idea was to slowly cash in, cut leeks a little bit, cut a stubble, and plant it in a proper way.

  And Envision Capital wants to operate capital and kill chickens to get eggs. This does not meet their strategic expectations and easily disrupts their deployment.

  "Supor is destined to make a difficult transition. After a year or two, let alone growth, it will be good if it can maintain its current performance."

  Xia Jingxing stared at Old Man Su with solemn eyes, “Supor, a leader that occupies 40% of the domestic cookware market, is close to the ceiling, and it can’t rise.

  In the ever-changing business competition, not making progress... is itself a step backward.

  We value the stability of Supor's current performance, but it is impossible to expect Supor to earn us considerable returns.

  Su, we don’t play dumb puzzles anymore.

  You are honest, and I am also honest.

  Supor's value is destined to be limited, otherwise you will not transfer the controlling rights. "

  Su Xianzhe shook his head, staring at Xia Jingxing, with an indifferent expression, "Mr. Xia, you are very radical in your words. We want to introduce strategic investors to achieve a win-win goal.

  Rather than selling companies cheaply, ruin the brand created by my father. "

"good!"

  Su Zengfu looked at his body casually leaning on the opposite chair, smiled and looked at his Xia Jingxing, his face was full of nostalgia, and he spoke slowly:

  "In 1969, after being a soldier for eight years, I retired from the army and became a salesman and a salesman and a factory director of Chenyu Agricultural Machinery Factory.

In 1989, I was not satisfied that the agricultural machinery factory only produced pressure cooker parts. Under the pressure of shareholders’ withdrawal and the dismissal of the town’s leaders, I tried every means to raise 3 million yuan in funds, introduced a pressure cooker production line, and began to transform into the OEM production of Shenyang Shuangxi Pressure Cooker Factory Whole pot...

In 1994, Double Happiness stopped cooperating with us, and the country broke the "dual price system". The cost of raw materials for private enterprises was reduced. We were on the same starting line as state-owned enterprises. Both active and passive reasons forced me to create Supor. Embarked on the difficult road of creating a brand;

  In 1995, the second year of its establishment, we sold more than 2 million pressure cookers, surpassing one vote of state-owned enterprises;

  In 1996, Supor's sales volume reached 4 million, while the demand for the entire national market was only 10 million at that time.

  It took us only two years from the establishment to becoming the industry leader.

  Step by step, I am walking on thin ice, and I have a deep feeling for the “pot making” business.

   President Xia, can you understand my deep feelings for the Supor brand? "

  The old man's expression was agitated, and his voice became a lot louder and agitated, "This is my root!

  So, it is a pity that we can only reject you, Mr. Xia. "

  Wang Changrong saw Tan Beng, and hurriedly came out to make the rounds, “Su, don’t worry, Mr. Xia didn’t say you want to hide Supor!

  Even if Envision Capital has a controlling stake in Supor, it will definitely continue to make and sell pots. Such a big business is impossible to just throw it away, right?

  Isn’t Xia always talking about it, it’s just that some more business lines may be added to make the company larger and higher market value. "

  Wang Changrong gave Xia Jingxing a glance, then gave a look, "Mr. Xia, do you think this is the reason?"

  Xia Jingxing nodded to Wang Changrong, took the other party’s kindness, looked at Su Zengfu again, and said calmly, “Su, I understand your feelings for the Supor brand very much.

  You have forged an indissoluble bond with the "pot" throughout your life, from a demobilized soldier to a township enterprise employee and entrepreneur, to a private entrepreneur.

  You can rest assured that we will continue to retain the business lines and brands of cookware, small household appliances, and kitchen appliances after Envision Capital takes control of Supor. "

  Su Zengfu didn't speak, and Xia Jingxing did it like this, which didn't suit them very well.

  This means that after several rounds of dilution, they have more than 30% of the equity, and there is no way to get the development dividend.

  Xia Jingxing made it clear that he wanted to use Supor as a financing platform and money-making machine. Will their minority shareholders be able to negotiate well in the future? How will they concoct them?

  He can basically predict the future tragedy. Companies are merged into the listed company Supor, business and various financial data have expanded in a short period of time, and the market value has soared.

  But it won’t last long, it may explode with a "bang"!

  Capital operation has never been 100% stable and winning, and the mind has been devoted to capital operation. How can it be possible to do well in the industry?

  At that time, they have given up the controlling rights, the company is not under their control, and they cannot predict the development of things and are very uncontrollable.

  In this case, to be conservative, he dare not bring in Vision Capital, because it is easy to be led into the ditch.

  Xia Jingxing looked at the Su and his sons who shook their heads, smiled and said, "Why don't you change the plan!"

  Su's father and son looked up, their eyes were all puzzled.

Xia Jingxing’s eyes flashed with determination, “You sell all your 60% of the equity you hold to Envision Capital at one time. In this case, we are convenient, and you don’t need to worry about it anymore.”

   "Mr. Xia, didn't I say that before? We are not short of money, nor do we want to introduce the controlling party hastily."

  Su Zengfu waved his hand and looked at Xia Jingxing with a smile on his face. He still had nothing to say: Wouldn’t it be a loss if he sold it like this?

   "According to today's closing price, a one-time acquisition, and complete delivery of the complete purchase amount within six months."

  Xia Jingxing smiled, “As an up-and-coming investor like us, you won’t find many A-shares.”

  Wang Changrong applauded and nodded with deep conviction.

  Su Zengfu shook his head and laughed, he felt lower.

   Their current stock price is less than 7 yuan/share, and their IPO price more than a year ago was 12.21 yuan/share.

  "10% premium."

  Su Zengfu still shook his head.

   President Xia Jing sighed, "Premium 20%."

   "Mr. Xia, it's not about money!" Su Zengfu smiled lightly.

   "30% premium."

  Xia Jingxing's expression is plain, like a money-increasing machine with no emotions.

  Because time is not on his side, the bull market cannot tell which day it will come, and the Cyber ​​Group may jump out at any time.

  At this time, you can only use money to stun the opponent, and at the same time dispel the idea of ​​the opponent following the "development dividend".

  Su Zengfu was silent, turned his head and glanced at his son.

  The eyes of the two father and son met for a moment, and they both understood each other's thoughts.

   "Mr. Xia, let's put it this way, at this price, I am a little sorry to those investors."

  Su Zengfu’s words, he succeeded in making Xia Jingxing amused. It’s not a matter of privatizing Supor. As long as investors are willing to be friends of time, they can’t lose money.

  This is just the rhetoric that the other party wants a higher offer. A company that has grown to the top has gotten up with me.

"alright!"

  Xia Jingxing feels that the heat is almost the same, and can't really get used to the other party, just give a little bit of sweetness, it's almost the same, no matter how much it is, it is not to buy shells, and the starting point will be questioned.

   So he squeezed his eyebrows, and said: "Since Mr. Su, you insist, then we won't force it."

  He looked at Wang Changrong again, smiled and said, “I can only work hard for Mr. Wang, and then look for a cooperative enterprise for us.”

  Just now, he was worried that Xia Jingxing had "spoiled" Supor, Su Xianzhe saw that Pan Xia was about to leave, and quickly touched his father with his leg under the table.

  (End of this chapter)