Chapter 1572 (2/2)

Mr. Li, in fact, this is not cost-effective. It costs too much money. If we merge into so many enterprises at one time, the pressure of the group will be too great. It is unknown whether the retail industry in the distance can complete the integration.

I don't even talk about money. I can't finish the integration work without a year or two. ”

”With more than 100 billion yuan of funds, the four companies together will achieve 180-200 billion revenue performance...”

Compared with the distance, it seems that it is not cost-effective.

Now far away retail, not including the online one, if only offline plus Guomei, this year's goal is to hit 300 billion.

However, Li Dong's false estimate of 100 billion yuan has been questioned about its value before retail.

At present, the proportion of the other party's own property and the profit margin are not necessarily better than those in the distance. It seems that they have lost a lot by using more than 100 billion yuan of capital to earn about 200 billion yuan of revenue.

However, the present achievements in the distance have been growing slowly in the later stage. It is natural to pay more for the forced merger and acquisition now.

Li Dong knocked on the table again and murmured: ”with the acquisition of these four companies, the offline retail revenue this year should reach 500 billion.

500 billion... ”

Yuan Chengdao, who probably guessed Li Dong's target, couldn't help but remind him: ”even if we can achieve 500 billion revenue, but this kind of non picky M & A, even if we complete the M & a plan, our cost will rise and our profit margin will drop again.

In the end, I'm afraid the profit margin will be less than 5%.

Even lower!

The scale is large, but perhaps compared with the previous profits, the increase is not too much.

And we spent hundreds of billions of dollars!

These funds, even if they exist in banks, will exceed this rate of return.

Mr. Li, think twice

5% sounds good, but in fact, it's terrible.

For large groups, returns below 10% are not worth investing in.

Of course, retail enterprises provide more cash flow, and the profit margin can be slightly reduced, which can be less than 5%. It is absolutely not cost-effective when it is not impacted by e-commerce.

Is it really meaningful to simply increase revenue?

At least in Yuan Chengdao's opinion, the significance is not too great.

With this money, you can do a lot of things, and you can also choose some suitable enterprises to purchase. Instead of just looking at who has a high performance and who is strong in the local area, you can buy who is.

What's more, where can we get hundreds of billions of funds from afar?

Even if the loan can reach 100 billion yuan, as a result, the acquired enterprises will earn all the interest of the bank, which is equivalent to that there is no substantial profit in the distance. Is this necessary?

Not only yuan Chengdao was helpless, but Chen Lang probably understood Li Dong's meaning and frowned: ”Mr. Li, overload operation is not of great significance.

If only for the first, we are now.

When other enterprises encounter crisis, the other side has the value of merger and acquisition, so we can enter the market without any cost.

But now, other enterprises have not encountered a major crisis, this time regardless of the cost of admission, from the pace of the group's growth, is not very in line with our expectations. ”

Both of them tried to persuade each other, but Li Dong said with a smile: ”sometimes, don't just look at the interests in front of you.

If the M & A is successful and it is included in our system, the competition in other places can be calmed down except for South China.

In 2009, the revenue of 500 billion yuan offline will be doubled in 10 years. Of course, this possibility is a little low.

In the early stage of enterprise development, we can not aim at making money... ”

At the beginning of the development of the enterprise, he made the people present gape.

It's time to return to the early stage of enterprise development?

If we have achieved this far away, we should take profit as the goal at this time, rather than blindly expand the scale.

Unless Li Dong really wants to be the number one retailer in the world, otherwise, it is not worth the blind expansion at this time.

Li Dong, regardless of what they think, said in a quick tone: ”in fact, we can try. Even if we can't do it now, we can continue to talk later.

In my opinion, it is not unacceptable to buy four companies with 100 billion yuan.

As for funding Let's talk about it first, and then we'll talk about it after that. ”

This kind of irresponsible words, once again let everyone speechless, and even turned their eyes.

100 billion, you have no money now, you dare say!

It's really a deal. In the end, there's no money to pay. Who's going to pay?

Once this happens, the distant place will become the laughing stock of the whole world.Feelings, far away has always been bluffing, right.

Since we don't have money, why are we talking about mergers and acquisitions everywhere? I'm too busy.

In the field, there was no one to answer the question and didn't know how to continue.

In short, we are all a little confused about Li Dong's mind.

When the atmosphere fell into an awkward atmosphere, there was suddenly a Humanitarianism: ”Mr. Li, there were small-scale demonstrations in Central China and Jiangcheng.

More than 50 employees from afar gathered in Jiangcheng headquarters and asked us to raise wages and reduce working hours... ”

”Mr. Li, there are also some situations in the Shanghai stock market. Several senior executives and resigned management of Carrefour took Carrefour's employees to ask us for an explanation.

In particular, those who left the company are now asking us to compensate them for their losses.

Mr. Sun and Mr. Wang have already dealt with them... ”

”Mr. Li...”

The people who answered the phone next to him reported one after another.

But Li Dong several people, is actually all relieved.

There are not many places where the connection happened. There are eight places in total, including the evacuation places in Beijing, and the employees and management involved are about 300 people in total.

Compared with the scale of hundreds of thousands of people far away, 300 people are a small proportion.

In the past, people were worried about demonstrations of thousands or even tens of thousands of people, but now they are only scattered in some areas, which is much better than you expected.

After listening to their report, Li Dong didn't talk about the merger and acquisition at this time, and said in a loud voice: ”tell the local responsible person that the employees and management who leave the company don't want any money!

Don't be polite to them. Let the police go out. In broad daylight, illegal assembly and procession are all against the law!

The employees from afar should be pacified first. If they still can't gather, they can't be polite. They'll be fired directly. They don't have any compensation. They want to sue me and ask them to sue!

When we do this in the distance, dozens of people want to defeat the distance, which is too small to look at the distance.

What's more, we don't have any places where we can't feel sorry for them, and there's nothing worth their participation in illegal gatherings.

As for the length of working hours, I am clear about this point. Let's have a look at it. There are some places where employees' overtime pay has been deducted. This is not a fake.

If there is really an increase in working hours and overtime payment is not received, we will be fully responsible for it and will give you an account.

But if you get overtime pay and tell me that it's too long, you'll let them go!

I didn't make people work overtime for free, so I was worthy of them.

Let them go out to ask, how many companies have really achieved the point of overtime pay?

If you don't want to work overtime, you won't work overtime. Many people want to work overtime. If you don't work overtime, you don't want to pay too much. Do you really think that a welfare home is far away? ”

Li Dong scolded and said his own solution.

If tens of thousands of people participate this time, Li Dong will have to consider the consequences. At this time, he will have to throw out a series of new welfare policies.

But there are only a few hundred people in the whole country, and half of them are former quitters. There are about a hundred employees from afar who really participate.

This scale is distributed all over the country. It's strange that Li Dong is polite to them.

To be an enterprise, if we really want to say that there is no exploitation of employees, it certainly does not exist. We can suppress this kind of exploitation to the lowest degree and to the extent that everyone can accept it. That is the success of the enterprise.

Hundreds of thousands of employees and hundreds of people are not satisfied. Such a proportion is not enough to affect anything.

With Li Dong's strong resolution this time, Yuan Chengdao and several other people did not have any opinions. It was not a good thing to be gentle. Since the scale is not large, it shows that the situation has been suppressed.

At this time, the strong will suppress the rest of the people, which may be able to minimize the impact.

At the same time, several people are still thinking about Li Dong's words before.

In 2009, in order to make the offline revenue of remote retail exceed 500 billion, Li Dong is likely to implement his plan and merge the four enterprises mentioned above.

The key is that, from the perspective of professional managers, it is really not worth it.

Li Dong, what does he think?

With money, he doesn't play like this. Does he really think he can beat the top 500 in the world?

If you can't make it to the first place, what's the difference between the second and the tenth?

Thinking about it, Yuan Chengdao and Chen Lang looked at each other with some headache. Can't this guy really stop for a few days?

Those bastards who called for Li Dong's return before were all those who stood up and spoke without pain in the back. As soon as they got out of the mountain, they were in trouble.

He said that he would take a rest for a few days after finishing his work. However, it turned out that he had forgotten what he said. Is he still going to say ”it will be OK in the future” for another ten years?

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