From November 16 to November 20, in the five trading days, the shares of Milk Company and Land Company rose sharply;

The small market has heated up the big market again, and other stocks have risen to a certain extent, and the Hang Seng Index is approaching 260 points;

On the first trading day of the week, the trading amount of Hong Kong stock market reached a record high of HK$320 million.

Milk Company and Land Company did not make any big moves in these five trading days, and seemed to be accumulating strength for the subsequent battle;

Wu Guangyao did not take it seriously except listen to the staff sent to Bidd Street to report the situation every day.

This kind of acquisition war is generally divided into preheating periods, high court periods, and finally the final result;

Obviously, everyone is still warming up at this time!

............

Saturday, November 21.

On the day when Land Company sent the acquisition documents with Milk shareholders, Milk Company began to fight back;

Milk companies published advertisements in major newspapers and clearly stated that they rejected Land's acquisition plan and called on shareholders not to accept Land's acquisition proposal.

There are two reasons why milk company responded to rejection at the same time:

"First, the milk company is a large company with 2,000 workers. It has long pursued continuous and stable development. There are countless old companies in Hong Kong, but most of the old companies lost their money after the failure of diversified operations. The shareholders suffered heavy losses due to the blind expansion of the company's management. The dairy farms, ice factories and milk factories run by the milk company have no challengers in Hong Kong, and they are well-managed, which can bring sustainable benefits to shareholders."

"Secondly, the purpose of Land Land Company initiating the acquisition of a milk company is self-evident; but everyone knows that Land Land Company is conservative in operating real estate and is caught up by latecomers; therefore, Land Land Company may not be able to successfully develop the land of a milk company, and shareholders will lose their own interests at that time."

Deep water bay, golf course.

After reading the newspaper, Wu Guangyao couldn't help but curse: "It's more stable than the rest of the time, but it's simply a failure!"

At this moment, Wu Guangyao was in the restaurant room of the golf course with a group of staff and executives;

Everyone has Cantonese breakfast, and we have to play a friendly golf match later.

Shi Jun echoed: "Hong Kong Real Estate is getting hot. At this point, the milk company has not mentioned the development of the remaining real estate. How many investors can buy it?"

Liu Yu also said: "According to our investigation, the idle land of the milk company has not been fully utilized and has only sold some land at a low price; shareholders have already complained about this practice!"

It can be said that the milk company lost at all in her previous life, and even lost completely because Land and Land directly obtained 80% of the milk public shares.

Why did Land in the previous life win with such a bold advantage?

Wu Guangyao also summarized and warned himself this time.

First of all, when Land & Land acquired the milk company (1972), real estate was booming, blue-chip stocks were popular, and Land & Land & Land & Land & Land & Land & Land & Land & Land; in contrast, conservative milk companies naturally became a star in the market;

Secondly, Land belonged to the Jardines Group, which was the largest company in Hong Kong at that time and was well-known; in Hong Kong, food, clothing, housing and transportation were all related to Jardines;

Finally, nature is related to Henry Kesserk's clever acquisition art. This stop in his previous life is known as a classic work.

Wu Guangyao nodded and said, "No matter what, Land's milk acquisition company will not succeed immediately. We still have to keep our anger. To be honest, after this battle, I will launch the acquisition of Hutchison Whampoa to shock British capital."

Except for Liu Yu, everyone was shocked. After a long time of work, the boss was slow to enter the market. It turned out that the purpose was the next time!

This is understandable why the boss took the risk of waiting for Land and Milk to enter a white-hot war before intervening;

Because the boss needs a name, and this name is Land Company opening the acquisition war Pandora's box.

Looking at everyone's expressions, Wu Guangyao smiled and said, "No need to be nervous. What we lack is not strength, but reputation! Although there is resistance in the subsequent acquisition war, it cannot change the overall situation!"

When everyone heard this, they thought it was true that the boss was about to jump out of Hong Kong Island, and this battle was just a battle to set the world on Hong Kong Island.

People feel refreshed when they are happy, and everyone's golf skills are extraordinary in the morning, but obviously, Wu Guangyao's skills are still "high".

............

Milk resisted and attacked violently.

Land responds quickly and takes action to dismantle;

At 11 a.m. that day, the financial company of Land Development Company, Yifu and Heshun Company, held a press conference in the boardroom of Land Development Company in Gloushi Trading. Land Development released some matters of the acquisition and urged milk shareholders to transfer the property quickly. Accepting the acquisition war, you must go to the "Central Registration Office" on December 10 to complete the procedures and register.

Land, Henry Kessker is holding a meeting.

"Now, we already own 16% of the milk company's shares. According to the Hong Kong Island Securities Act, we can legitimately become the board seat of the milk company." said Yifu's financial advisor.

Henry Kessek shook his head and said, "No, this time we acquire the milk company, we must acquire it in a 'goodwill' way; now we go to the milk company to get a seat on the board, which will obviously completely anger Zhou Xinian and will not have the right to speak. Therefore, through the advertising exhibition, we will make shareholders and citizens feel that we are a 'savior' role."

It has to be said that Henry Kessek's acquisition is quite artistic and wants to gain the support of shareholders and citizens through advertising;

In the end, Zhou Xinian lost the milk company, but also had to bear a reputation for poor management.

......

Sunday, November 22.

The milk company fought back again and held a press conference at 7 pm that day.

In addition to the chairman of Milk Company, Zhou Xinian, executive director Curran, and director Qi Dezun, the chairman of Defung, Maden, was invited to attend.

Judging from this lineup, Zhou Xinian had the idea of ​​"learning from the barbarians' skills to control the barbarians";

However, what he didn't know was Qi Dezun and Madeng. These two foreigners did not help Zhou Xinian too much and offend Jardine;

After all, if the British attacked the British, if they were passed back to London, the impact would be too great and the two families could not afford it.

That night, Li Zhu, chief director of the Milk Company's financial company Luo Fuqi, raised three reasons for opposing the acquisition on behalf of the Milk Company:

"First, in 1970, the dividend per share of milk was HK$2.5, and the dividends of Land and the dividends of the two shares were HK$2, which was a huge difference; if the milk company accepts the acquisition, it will damage the interest of shareholders."

"Secondly, in 1970, milk earned 3 HKD per share, and Land shares totaled only HKD 2.2 HKD; Luo Fuqi has handled many share exchange agreements around the world, and the only way to refuse such acquisitions that harm shareholders' interests."

"Third, the milk company has outstanding reputation, strong strength, stable development, and can guarantee the interests of shareholders."

Li Zhu finally said confidently: "Landscape will not succeed!"

Chairman of Huidefeng Madden and Hutchison Foreign Company did not speak, but the reporters could see that the two were standing on the side of the milk company.

...

Monday, November 23.

Citizens were startled by the advertisement of milk company in newspapers: the board of directors of milk company announced that they would split the shares, split one share into five shares, and then give one bonus share for every new share; at the same time, the milk company announced that the dividend payout will increase by 67% for the year.

If a milk company operates like this, a milk stock in the hands of citizens will become ten milk stocks;

In addition, the promise of increased dividends in 1970 has indeed played a certain counterproductive role!

Just as the thermometer fell into the brazier, as soon as the Hong Kong stock market opened, the milk stocks were like the thermometer in the brazier, soaring up, and the land stocks once again "pulled the ox's tail to the sky";

As of the close, the milk stocks were worth HK$186 per share, and the company's earnings per share were only HK$3 per share, with a price-to-earnings ratio of 62 times;

Land has also been speculated to HK$116 per share, with a price-to-earnings ratio of up to 105 times.

The two companies have such high price-to-earnings ratios, and no one has made any reports on the market;

The investors only looked up at the splendor of the mirage, but they didn't know that the mirage was just a shadow;

For those senior stock investors, what they hope for is madness and what they fear is calm;

There are countless people who make profits from it, and there are countless people who lose later.

......

Wu Guangyao watched coldly. It can be said that although the stock market in Hong Kong is inflated, it will not collapse;

Moreover, if you acquire Hutchison Whampoa, Tram, Qingzhou Yingni and other companies yourself, it will inevitably make the stock market prosperous!

As for when the decline will occur, you may not even be sure of yourself.

Because history has been changed!
Chapter completed!