Rebirth of the Strongest Tycoon
Vol 3 Chapter 1353: Wheelock's period of weakness
Attacks on Australia’s financial markets did not happen overnight.
In the early stages of the operation, what needs to be done is to keep the Australian dollar exchange rate as stable as possible so that it can have more room for profit.
Then, on this basis, invest as much capital as possible.
Therefore, it is destined to be as low-key as possible in the early stage of the operation, which requires time-consuming grinding.
One month passed quietly.
It was mid-December in a flash, and 1984 was about to come to an end.
All walks of life in the society are eagerly starting to sit down with annual summaries.
The same is true for the capital sector, especially for listed companies, which need to be published in annual reports.
As for non-listed companies, whether they want to do it or not depends on the operators themselves. As long as they pay taxes honestly, the others will take care of you.
The companies in Xia Yu's business empire are all busy for this, and the family office is also busy.
Fortunately, the staff of the various departments of the family office are already abundant, and after the initial run-in, it can already run smoothly.
Two flowers bloom, one on each table!
On Toll's side, Justin Kyle spent more than a month and finally became the owner of the Wheelock Consortium.
It is worth mentioning that because of the high price of Zhang Yuliang’s equity, John Madden was still psychologically unbalanced. He approached Charles Rohill and Justin Kyle one after another to compensate, but the final result was Broke up unhappily.
John Madden was so angry that he no longer helped Justin Kyle take over the major companies smoothly and returned to the UK with his money and people.
This matter has also been published in major media.
Because at this time, the market value of Wheelock Shipping has fallen from its peak all the way, and Justin Kyle used all his energy to stabilize the market value at around HK$12 billion.
Fortunately, when Toll acquired Wheelock Shipping, it looked for Westpac Bank, where the consortium is located, Barclays Bank controlled by the Rohill family, and the influential National Westminster Bank.
The three major banks withstood the pressure for Toll.
However, the Sydney consortium also knows that the most important thing is to allow Wheelock Shipping to develop. With the prosperity of the Hong Kong financial market, even if Wheelock Shipping has a profit of several hundred million Hong Kong dollars, it is enough to increase its market value. Billions of Hong Kong dollars.
By then, Toll's pressure will naturally be eliminated.
For this reason, when Justin Kyle joined Wheelock Shipping Company, he immediately summoned the staff to clarify the company’s business details, and then combined the resources of Toll and the Sydney consortium behind to provide Wheelock Shipping. Service company to expand business and increase revenue and profit.
It just takes a relatively long process. After all, shipping takes a long time. It takes one or two months to run at sea, and it is quite normal to go back and forth for four to five months.
Wheelock Shipping Company has opened up new business and has to finish running to settle the bill.
Therefore, in Justin Kyle's plan, 1985 will be a turning point for Wheelock Shipping, and there are two turning points, namely the middle and the end of 1985.
There is still about half a year to mid-1985. With the full use of the resources of the Sydney consortium and the resources of the Lowhill family, Wheelock’s revenue will rise to a higher level.
Although 1984 has not ended, Wheelock Shipping's revenue data on shipping business can already be estimated.
In addition to the business volume in the next half month, the annual revenue in 1984 should be around 9.7 billion Hong Kong dollars, which is still a bit short of 10 billion Hong Kong dollars.
As for the actual loss on the shipping sector, it will be more than 400 million Hong Kong dollars. The exact amount needs to be estimated based on the value of the ship. This involves the devaluation of the ship.
In Justin Kyle’s plan, Wheelock’s revenue would reach six billion Hong Kong dollars by mid-1985, and by the end of the year, the revenue would have surpassed 13 billion Hong Kong dollars.
And if after the middle of next year, according to market conditions, if appropriate, it is necessary to continue to increase ships.
As for profit, Justin Kyle intends to achieve a balance of payments in the first half of next year, solve the loss problem, and then create a profit of at least 300 million Hong Kong dollars in the second half of the year.
If the plan is implemented smoothly, Wheelock Shipping's market value is expected to reach 15 billion Hong Kong dollars after the release of its financial report in the middle of next year. After the end of next year, the market value will rise to 18 billion Hong Kong dollars, an impact of 20 billion Hong Kong dollars!
With the resources and connections of the Sydney consortium, coupled with the support of the Rohill family, this plan has great operational possibilities.
The future is bright!
But the top priority is to survive the half-year period of weakness.
Especially at the end of this year!
The market value of Wheelock Shipping Company is stable at around HK$12 billion, indicating that the capital market has certain expectations for the newly acquired Tolling Company.
The touchstone is the year-end financial report.
Is the stock price rising, or remains the same, or is it going back to its original shape or getting worse.
Look at it!
Wheelock Shipping Company, Chairman's Office.
Myron Marjorie, the vice president in charge of finance, knocked on the door and walked in.
Justin Kyle, who was concentrating his eyebrows, put down the pen, showed a smile, and greeted: "Myron, you are here, sit down, I have something to tell you."
"Chairman, what is it?"
After sitting down, Myron Marjorie asked immediately.
Justin Kyle sighed: "I read the financial report you gave me for the past eleven months~www.readwn.com~ The situation is not ideal. We need a copy that will not disappoint investors or even let them down. Relatively satisfactory financial report."
Myron Marjorie looked serious. He thought for a while and said: "Chairman, do you mean that you need to make some adjustments on the financial side?"
Justin Kyle immediately shook his head and said: "No, no, this thing can't be done, you should know that we must be stared at, once we do this, it will bring us a huge crisis!"
He has been reminded by Charles Rohill many times, and he has been deeply aware of the influence and control of the previous competitor Jiuding Consortium in Xiangjiang.
Especially in the fields of media and finance, the Jiuding Consortium is at the dominant level.
If it is caught by the opponent, Wheelock Shipping Company will have to peel off even if it is not dead. Now Wheelock Shipping Company cannot withstand such a toss.
He didn’t have time to go around the corners, with a direct expression and attitude: “I mean, your side should mobilize people as soon as possible to supervise the five companies: United Dockyard Company, Real Estate Trust Company, Lane Crawford Retail Company, Commonwealth Real Estate Company, and Xiangjiang Undersea Tunnel Company. Subsidiaries make annual reports, and other unlisted holding companies should also be urged."
"However, the most important thing is that when these five listed companies make their annual reports as soon as possible, they must announce the dividend plan in the annual report, and implement it as soon as possible to adjust the dividend intensity to the upper limit."
"These companies can slow down their expansion next year, and we need the most dividends to stabilize investors!"
"Stabilize the company's stock price!"
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