Chapter 1524 (2/2)
Zhang Zidong understood Ma Huateng's choice and didn't say anything.
Liu Zhiping as a professional manager, in fact, according to the professional manager's mind, Teng Xun was merged from afar, which is also the biggest success of these professional managers.
No matter who merges, it is the growth of the enterprise.
The key is that Li Dong's personality is somewhat unique, which many people know.
What Liu Zhiping considers is, will Li Dong interfere too much in Teng Xun's affairs?
Once they get involved too much, the existence value of these professional managers will be greatly reduced, and it is difficult to reflect their strength and ability.
But that's it. Let's wait until the negotiation begins.
……
Conference room.
Liu Hong said: ”remote technology will separate the two subsidiaries of remote communication and remote entertainment, plus wechat and Peapod These related industries are merged into Tengxun group to create a new industrial system.
Integrated into PP related industries, Teng Xun's strength will soar a lot.
As a matter of fact, our industry was a little stronger than Teng Xun before. All of you can't deny that.
After this time, the gap between the two sides has widened.
This time, Mr. Li meant that instead of privatization, he would go public after reorganization.
According to the remote plan, Teng Xun maintained the status quo, the total equity remained unchanged, and related industries from afar entered Tengxun, adding 3.3 billion equity.
As for the new share capital after the later reorganization, it will be the future, and there is no need to talk about it at present. ”
When Liu Zhiping finished, he chuckled: ”in a word, in fact, it is a sentence. In your mind, the expected value of distant related industries has already reached twice as much as Teng Xun. Is that right?”
Liu Hong nodded his head and said, ”isn't this a fact?”
”It's just what you think it is!”
Liu Zhiping immediately began to refute!
Obviously, it is the acquisition of Teng Xun. Why should we consider the value of distant industries instead of purchasing distant places?
The key is, this is not a simple acquisition, but asset restructuring!
Once the valuation of the remote related industries is too high, after merging into Teng Xun, the total shares held by these people will not change, but the total shares will be diluted a lot!
However, Liu Hong ignored him and continued: ”at present, Teng Xun still has nearly 500 million shares in circulation. Shareholders, Teng Xun's management and employees hold a total of 1.2 billion shares.
There will be a buyback plan from afar, involving a total of 700 million shares.
After the restructuring, Teng Xun held 20% of the shares, and 80% of the shares were far away
Ma Huateng interrupted: ”you buy back, I will not stop, but to voluntarily, forcibly buy back, I will not agree!”
Liu Hong immediately frowned, which is actually the condition of the distance, let Teng Xun cooperate here.
As for voluntariness, ghosts will!
Knowing clearly that after the integration of the two, they will definitely break out. Who will think that they have too much money?
Ma Huateng is obviously striving for maximum interests. In this way, it is hard to say how much equity can be acquired from afar.
Before waiting for Liu Hong to open his mouth, Ma Huateng said again: ”the value of these spin off industries far away, excluding wancartoon, microblog and mall, is more than twice that of Teng Xun?
Li Dong, do you think it's possible? ”
Sitting on one side, Li Dong said with a smile: ”why not? Don't say now, just before, it's OK for me to say so.
The name of Li Dong and Yuanyuan alone is worth 1 billion shares. ”
Ma Huateng sneered: ”I forgot to ask you this kind of question. It's a white question.”
”Talk about things. Pay attention to your tone.”
After that, Li Dong said, ”let's just point out. If we go on talking like this, we still don't know when it comes to monkey years.
If you look at your choice and think you can talk about it, you can continue to talk about it. If you think you can't, you can talk about it.
MIH and ABSA now hold 750 million shares. I don't care who the shares belong to. I say my plan.
At the price of HK $20, we will buy back 250 million shares, that is, HK $5 billion, plus the equity of 500 million new group to complete your share integration.
Teng Xun's management, including the staff, is still the plan. We will buy back part of the share capital in cash. 150 million shares will be enough, and 3 billion Hong Kong dollars in cash. You will see how to arrange it.
On the side of the stock market, we can buy back part of the stock market at our discretion, not too much.In the end, if we maintain the proportion mentioned before, we will not lose.
For example, MIH and ABSA have received 5 billion Hong Kong dollars in cash, plus 10% shares of new group. Is that less than what you made before?
Before Teng Xun's peak period, the market value was HK $150 billion, and you held 44% of the shares. In terms of the market value, it was more than HK $60 billion.
Of course, that was before, but now it is much less. Even if it does not fall, it will be worth 20 billion Hong Kong dollars.
Now after the reorganization of the new group, once re entering the stock market, the market value of so many industries will never be less than US $50 billion, only higher!
If your shareholding ratio reaches 10%, it will be more than HK $35 billion, plus the cash of HK $5 billion, 40 billion, double the current figure.
If this is not enough, then I have nothing to say.
As for the market value of less than $50 billion, don't you all like to bet?
You can bet once. I know you all like to play this game. If the market value is less than 50 billion US dollars, I will buy back all your shares according to the stock price of 50 billion dollars!
If it is higher, it will be part of the buyback price. Of course, it will not be all of it. How about? ”
When Li Dong said this, he took it for granted.
In fact, he really took it for granted.
Teng Xun at this time in the previous life is just so. The game industry has not yet taken off, and other industries have not improved much. In this way, the market value of Teng Xun reached 40 billion US dollars in the peak period of 2009.
Now that Yuanyuan and Teng Xun merge, the global economic market recovers, plus the continuation of Li Dong's myth, 50 billion US dollars is nothing difficult.
The person in charge of MIH stopped talking, but Li Dong did not give him a chance to speak. He continued: ”in addition, I would like to add that now, I sincerely talk to you about restructuring.
As a matter of fact, we all know our situation.
I just won't regroup with you. Give me another year or two. I don't need you at all.
And a year or two later, Teng Xun is sure to be still there?
You don't think of other enterprises, the price is high, OK, you sell all the valuable things, and the rest is left for yourself to play.
What's more, as time goes by, your technology will expire and your talents will be lost. In this era, everything will be updated quickly.
It's a treasure to hold it in your hand now. In a year or two, or even a few months later, it may even be worse than grass!
These things, said to be valuable, at a specific time is very valuable, after this period of time, nothing!
Don't think that just restructuring can make a lot of money, you can earn back the loss before, is there such a cheap thing?
We should be satisfied if you don't have too much loss.
Moreover, the scale of the enterprise has been expanded several times, and the opportunity to make money is still behind. We are not short-sighted. At this time, we will be haggling, and the loss will be even greater!
As for MIH, my commitment is that within half a year after the resumption of listing, the value of shares plus cash in hand will exceed HK $40 billion, and after one year, 100% will return to more than HK $60 billion.
In other words, you use the one-year delay in exchange for greater development in the future. You can consider whether it is cost-effective or not.
But I, Li Dong, don't take over. If you can recover 30 billion Hong Kong dollars from the 60 billion Hong Kong dollars before that, that is luck.
Believe it or not, I said that you know it clearly. If you really want to understand and pretend to be confused, then when I don't say it, there is no need to continue the negotiation, which is meaningless. ”
Ma Huateng slightly frowned at the smell of speech and said, ”I'm afraid you don't count. This year, the value created by Teng Xun!”
Li Dong said with displeasure: ”a failed enterprise is qualified to talk about the value created in the future!
If we really want to make such a calculation, I say that the enterprises to be restructured in the future can create trillions of dollars in value. Do you agree?
Pony, there's something you don't need to come with me, this nonsense!
Goods sold three, to see when, at this time the goods sold three, will only let the distance lose patience!
If you lose, you have to recognize it. What's the use of a dead duck's stiff mouth!
Before I came, everyone let me be gentle, and I agreed.
But now, I am not willing to continue to dally with you, in my eyes, the loser must have the consciousness of the loser!
Losers, the result is to occupy more interests than before, so what am I doing all this for?
I can give the condition that appears in, is my limit, also is the limit of the distance!
Teng Xun does not agree, that even.
To buy back 700 million shares, I need to spend at least HK $15 billion.
In addition, after the buyback, you still hold 20% of the shares in the new group. The price I paid is much higher than I expected!
And a lot of things, I don't spend money, it's still mine!
Your users, your resources, including your brand, will fall into distant hands sooner or later, and the only thing you need is time.At the moment, I just spend money on time.
But you are delaying my time, delaying a day, then my psychological bearing value will drop a part, this is a fact!
If you don't care about all this, then when I didn't say, let's grind it slowly. In the future, the price will not rise in the distance, but our bid will be lowered. ”
Ma Huateng was a little angry and said, ”what I hate most is to negotiate with you!
Concerning Teng Xun's future, you should not put your set in the vegetable market into the enterprise! ”
Li Dong suddenly stood up and said coldly, ”I, Li Dong, always talk about business like this. If you promise, you can't talk about it!
I never force people to the end of the road, I will give what I should!
Outsiders say that I am strong or domineering, and I cooperate with the enterprise, so far no one said that they lost!
If you don't agree, that's it! ”
Leaving this, Li Dong walked away.
”Pa!”
Ma Huateng slapped the table severely, his face was dark, and then he got up and said, ”this is the end of the day.”
When Ma Huateng is gone, the others are confused. Is this the end?
About half an hour. Is there such a negotiation?
Before the two people are not good to talk about, how to say turn over on the face?
MIH's people are a little embarrassed, he's, I'm a big shareholder, OK, nobody listens to me?
, the fastest update of the webnovel!