Chapter 1293: Happy distress

At 3 pm on December 29, Li Dong and his team arrived in Pingchuan.
And just when Li Donggang returned to Pingchuan, Gome issued an announcement to publicly issue 6 billion new shares.
The reason is called public issuance, because there are two forms of new shares.
Openness is naturally for the general public.
There is also a kind of private placement, called private placement.
Under normal circumstances, the equity dispute is actually more suitable for directional issuance of new shares, specifically for the issuance of new shares for several investors.
In fact, before Gome issued 9 billion new shares, it was a non-public issuance, all of which were contracted by Li Dong and Huang Guangyu.
However, the directional issuance, the two are not allowed, and no one is willing to compromise.
At this time, the re-issue of additional issuance has no effect.
Moreover, the issuance of new shares is not unlimited. There is no way to determine the outcome of a directional additional offering, and it can only be publicly issued, which is more beneficial to all shareholders.
Privately, the two fights are even more powerful, in fact, there are limits.
But once there is no trading in the secondary market, the overall stock price rises, which is good for shareholders and retail investors who hold stocks.
This is equivalent to the two families using their own money to pay for all shareholders, no one is unwilling.
As soon as the Gome announcement came out, it caused a sensation.
The reason for the sensation is that, first, the speed is too fast!
Second, the opportunity to make money is here!
With private placements, outside organizations and retail investors have no chance to participate, and naturally there is no way to make money.
However, it is different now if it is publicly issued.
There is no restricted sales period for publicly issuing new shares. Like ordinary new shares, they can be traded at any time.
Li Dong and Huang Guangyu obviously wanted to take the opportunity to go to war and seize control of Gome.
At this time, ordinary investors make purchases, and once successful, there is almost no difference from the new stock issuance, and then the stock price will definitely rise!
Of course, this is not 100%.
Once one of the two gives up the equity dispute, Gome's stock price will return to normal levels.
But at present, the two have not given up the idea.
Lao Huang can't give up. Li Dong is also a strong and overbearing master in the outside world. At this time, Li Dong's investment is huge, and it is impossible to give up.
Therefore, as long as new shares can be purchased, it is almost 100% profitable.
On the day of the issuance of new shares, there is no limit to the daily limit, just like the listing of ordinary companies, and the first day of war is definitely the most intense.
The stock price skyrocketed that day, that is inevitable.
But the Gome announcement also contains another message.
The original shareholder has the pre-emptive placement rights.
The so-called preferential allotment means that when new shares are issued, the original shareholders can give priority to a portion of the share capital at the issue price.
This ratio is equivalent to the shareholding ratio.
This rule is common to almost all listed companies, and its purpose is to prevent the dilution of the original shareholders ’equity and cause losses to shareholders’ interests.
Another point is to prevent the new shares from being issued without attention, causing major losses to the entire listed company.
Today, 6 billion new shares are issued.
Gome's additional placement ratio is as high as 60%, which means that 3.6 billion shares will be preferentially placed.
According to Li Dong ’s shareholding ratio, if he exercised the right of pre-allotment, he could win about 1.3 billion new shares at the issue price.
The Huang family can give priority to the placement of nearly 1.5 billion shares.
As for other shareholders, JPMorgan Chase must give priority to placing, winning about 200 million shares.
Other shareholders, depending on their own wishes, if all the placing rights are used, 3.6 billion new shares will not enter the market.
Only the remaining 2.4 billion new shares will appear in the secondary market.
If other shareholders do not place a placement, 600 million shares will be left except for Li Dong and Huang Guangyu. A total of 3 billion new shares will enter the market.
...
The announcement appears, does not mean that Gome can resume trading now.
Announcement in advance is just a procedure that a listed company must go through. Then, in accordance with the ordinary process, it must wait for the review and approval of the Hong Kong Stock Exchange. Then, like a newly listed company, it chooses an underwriter and conducts a roadshow before it can issue new shares.
During the period, there is also a subscription process.
However, this is the general situation. In order to obtain better benefits, the company will not be uninterested in the stock, in order to increase the stock price ...
Then, there was a roadshow to impress investors.
Currently, Gome does not need all this.
Li Dong and Huang Guangyu ca n’t wait for the new shares to be heard, and no one will care about it.
Roadshows are not necessary, this can be based on the company's own wishes.
But in the past, there were hardly any companies that did not show roads. After all, whether they are listed or issuing new shares, they are all for the purpose of obtaining greater benefits and higher stock prices.
To impress investors, this must be done.
That was the past. At this moment, Gome directly omitted this process. Lao Huang and Li Dong's total shareholding ratio plus JP Morgan Chase has exceeded 80%.
They do n’t do road shows, and other shareholders agree that it ’s useless.
For a time, the news that Gome would not conduct a road show also spread, leaving countless investors and capital institutions dumbfounded!
This equity war has created too many miracles.
Li Dong's lightning power seizure, the Huang family's desperate struggle to make inconsistency, the share capital has increased and the Gome's entire system has repeatedly expanded in size.
Up to now, the issuance of new shares has broken even the inherent process!
After waiting for the approval of the Hong Kong Stock Exchange, Gome will immediately resume the issuance!
Others dare not say that this issuance of new shares is definitely the fastest ever!
Moreover, from the inside to the outside of the court, to the present, the two sides have not yet scored the victory and defeat, and they almost detonated the old-fashioned merchants in the two places in the middle of the battle, which is also a wonderful flower.
Although Gome does not choose a roadshow, it does not mean that no one is interested in new shares.
Quite the contrary!
What makes other companies ready to go public is that even if the Hong Kong Stock Exchange has not approved it, countless investors and investors have poured into the trading floor to wait for Gome's new shares to be listed.
Even if the purchase is extremely difficult, retail investors and capital institutions do not mind taking the opportunity.
It's a fool not to enter the market to make a profitable business.
On the 29th, as soon as the Gome announcement came out, all circles of Xiangjiang were calling on the Hong Kong Stock Exchange to quickly come up with efficiency and immediately approve the adoption, arranging the time for resumption of trading and subscription.
Everyone, I ca n’t wait!
...
plain.
Li Dong, who received a call from Chen Lang, hung up and couldn't help sighing: "One by one, like a hungry wolf smelling a fishy smell, we are so low-key, we don't even play road shows anymore, so excited.
If Li Dong's words spread, other companies preparing to go public can cry.
When they want to go public, they can cause a sensation and allow countless investors to rush to enter the market.
But they even broke their throats during the roadshow. The companies listed in this period of 2008 did not have a good market. Sometimes the IPO of new stocks sometimes did not even reach the basic subscription amount.
As for oversubscription, it has been common in the past few years, or in the past, almost all companies have oversubscribed.
However, under the influence of the great environment in 2008, oversubscription is not without. The amount that can be exceeded is limited, and there will be no more than ten times or even dozens of times of oversubscription.
It's like this time, the two as shareholders are desperate for no one to rob, and everyone should not have seen it.
This is probably the only one of the listed companies in recent years.
Li Dong sighed, and Shen Qian also had a headache: "This time it is a bit troublesome. The oversubscription ratio is much higher, and the winning rate will be greatly reduced.
In this way, unless we prepare hundreds of billions of funds, we can meet our expectations.
Otherwise, wait to fight in the secondary market. "
The number of new shares entering the market this time is 2.4 billion. According to the results of previous discussions between Li Dong and Lao Huang, the issue price is 1 Hong Kong dollar.
That is to say, if there is only one institution participating and taking out 2.4 billion Hong Kong dollars for subscription, then these new shares belong to that institution.
But if the subscription capital reaches 4.8 billion Hong Kong dollars, it can only be one of two.
If the subscription capital reaches 24 billion, which is 10 times over, then the probability of finally acquiring shares is only 10%.
In short, as the subscription capital increases, the lower the probability of winning.
Neither Li Dong nor Lao Huang have so much money, nor can they prevent others from entering. After subscribing in the primary market, they will certainly not get many shares.
In the end, only when stockholders trade in the secondary market can they repurchase the circulating capital with money.
Thinking of this, Li Dong sighed: "It has been expected that if it were really that easy, we would not need to raise funds, and all the 2.4 billion Hong Kong dollars won, then it would be fine.
Just know that it's not that simple, so be prepared to order some money.
It's not easy to do something this year.
The stockholders are also idle, why do they have to invest in Gome. "
Shen Qian couldn't laugh or cry. This kind of sadness really made people wonder whether they should be sympathetic or disdainful.
Oversubscription, which listed company does not want its shares to be issued a higher multiple of oversubscription, that represents the public's recognition of the enterprise, which is a manifestation of potential.
And the overall stock price climbed, so the company's market value also climbed.
If you really want to double it, the value of the entire Gome will exceed its peak, with a market value of 70 billion Hong Kong dollars!
If there is no equity dispute, everyone may laugh to death.
But at this moment, this is indeed a headache.
However, the market is hot and it is normal. Shen Qian did not struggle with this topic anymore and instead said: "Are we going to the company first, or the provincial party committee courtyard, and then to your house at night?"
Shen Qian does not continue this topic, and Li Dong is too lazy to say.
Anyway, the Hong Kong Stock Exchange has not yet approved it, and the subscription date has not yet been fixed. As for how many shares can be obtained in the primary market, I will talk about it later.
If you ca n’t get it, you will start a war in the secondary market, which is almost inevitable.
After hearing Shen Qian ask about going home, Li Dong thought for a while: "Go to the company to see it, and then go back to dinner together at night. I have to call my parents so they don't have anything to prepare. "
The new daughter-in-law is nervous when she sees her in-laws, but the future in-laws are actually nervous.
Li Chengyuan's couple also had to prepare in advance and brew a bit so as not to catch them by surprise.
...
Oriental fishery.
Not many people know the identity of Li Chengyuan and his wife. The couple used to be in Dongping, but they like to talk about their son.
But since Li Dong became the richest man, these two men no longer mentioned who his son was.
But Pingchuan as Li Dong's base camp, here, Li Dong's reputation is unmatched.
As soon as the Gome announcement came out, it immediately aroused heated discussion.
Even people who do not speculate in the stock market are talking about it.
Before dinner time, there were not many guests in the restaurant, most of them gathered in the lobby.
Cheng Fang casually shuttled in the lobby and heard people say from time to time: "Can Hong Kong stocks be traded in the Mainland? When will the subscription start, let's make some money and go to the subscription point to make a fortune!"
"That has to go to Xiangjiang, there is no way for the mainland."
Now that the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect have not yet been opened, there is no way for the mainland to directly trade Hong Kong stocks. If you want to subscribe, you have to go to Xiangjiang or entrust an institution.
However, for ordinary citizens, the commissioning agency is too far away from them.
Many people deeply regretted hearing this and said helplessly: "Unfortunately, if this is a good listing on the mainland, this time the battle between Li Dong and Gome is like picking up money.
Subscribing for more than one hundred thousand shares, at least earning tens of thousands, and doubling the show, wasted opportunities. "
"Who said no, this is Gome, and I really hope to go back to the mainland to go public.
When the time comes, if I go bankrupt, I have to buy distant stocks.
Just the name Li Dong, plus our own people, make a big profit. "
"It's too far to go public. Let's talk about Gome. I don't know if Li Dong can win this time."
"One hundred percent! Don't you know? I heard that our Jiangbei business community once again started to raise funds, ready to go to Xiangjiang to subscribe for new shares, and help Li Dong seize control of Gome!"
"This matter? This time we are in Jiangbei, and we are all excited. If I look back, I will go to Xiangjiang for a trip. By the way, buy some stocks, maybe I can help Li Dong."
"Come on, this is a tens of billions of billions of wars, just like your net worth, you don't get bubbling into it. If you don't go to Xiangjiang, if you can really buy stocks, you will also make money."
"..."
Everyone's topics are on "Li Dong", "Gome" and "buying stocks".
Cheng Fang doesn't understand stocks. Some terms are not clear to her.
But she knew that her son seemed to have done something serious this time and wanted to buy back Gome.
I heard that the people of Gome didn't agree, and his son had tens of billions of dollars to buy, and now the whole country is making a sensation.
Thinking about these things in my heart, he walked over to the counter and saw that his niece Cao Yu was calculating. Cao Fang couldn't help sighing: "You said Dongzi is the same. If you don't sell, you just have to spend so much money to buy other companies.
Gome, I know, we also have their stores here.
But something like this cost tens of billions, and I don't know what Dongzi thought. "
Cao Yu didn't understand this before, but he knew a lot in the past few years, and said with a smile: "Aunt, you don't understand, Dongzi is going to do a big job. Gome will be Dongzi in the future.
Even Suning is about to become Dongzi. Sooner or later, supermarkets and home appliance stores across the country are all Dongzi's.
When the aunt wants something, just go to the store and get it. You do n’t have to pay for it. It ’s great. "
Cao Fang didn't have a good air: "What nonsense, I have nothing to do to get something in the store.
By the way, Ayu, what did they say about subscription?
I understand what they mean and can help Dongzi, do you understand? "
Cao Yu also seemed to understand, and reluctantly explained: "Anyway, Gome wants to sell new stocks, whoever buys more will win.
Now Dongzi has fewer Gome stocks than the Huang family. He wants to buy more, more than the Huang family, then Dongzi wins. "
"that's it?"
"Well, that's about it."
"Then I still have a lot of money on hand. You said, I'll buy some. Then Dongzi will be less than others. I'll give it to him again. Will we win?"
Cao Yu said helplessly: "Aunt, you only have a few dollars in your hand.
There are tens of billions of stocks over there. You do n’t have much use for your money. "
Cao Fang shook his head and said, "That's not the way to say it. You said that Dongzi won more, so even if I buy one share, maybe Dongzi will be so poor by then.
Call your brother. Didn't he fry stocks with Dongzi before?
I heard that it is only necessary to go to Xiangjiang to buy stocks. Let your brother take a trip and take money to buy stocks in Xiangjiang, but can't let Dongzi lose.
I heard people say that if Dongzi loses this time, he will have to lose tens of billions of dollars. "
Cao Yu couldn't help seeing her aunt insisting, so she had to call Cao Feng.
At this time, Li Chengyuan also came over and heard Cao Fang talking, he couldn't help saying: "I still have some money, it's really impossible. Let's mortgage the hotel first, get some money down, and find acquaintances to get together.
This kid, doing big things now, didn't talk to us.
I haven't been able to sleep soundly these days, just go back and pick him up! "
When Cao Fang heard this, he didn't care about ~ EbookFREE.me ~ but raised his eyebrows: "You still have money, how much?"
"Two hundred thousand ..."
"Okay, Li Chengyuan! The account of the hotel is handled by me. You have hidden so much!
To be honest, what do you want to do if you hide so much money! "
Li Chengyuan was speechless. Was it time to care about this?
The couple were talking, Cao Fang's phone rang.
Seeing that it was his son's number, Cao Fang gave Li Chengyuan a white glance and hummed: "Go back and tidy up!"
After connecting the phone and chatting a few words, Cao Fang hung up and hurriedly said: "It's over! Dongzi is going to bring the Shen family girl back at night!"
"tonight?"
Li Chengyuan was also stunned for a moment, and then said: "Come back and come back, but haven't you seen it ..."
"You know what! The girl of the Shen family is the secretary's daughter. You didn't see it. The last time our daughter's daughter came to eat with us, that was awesome.
Secretary Du, but a lot taller than the head of the district, even if it used to be, now it doesn't work.
No, let's look like this, we can't embarrass Dongzi when we look back.
Do n’t wear this greasy and shameful eye-catcher. Change your clothes. I ’ll take you to a haircut and buy a new set of clothes. I also make hair and have to order food ...
When I'm done, I forgot to ask Dong Zi, what the Shen family girl likes to eat! "
Cao Fang turned around anxiously, and Li Chengyuan was speechless.
However, he took off the chef's uniform honestly, and finally his son settled down completely. Taking his daughter-in-law to dinner, he could not embarrass his son.
As for buying a new set of clothes, Li Chengyuan, who is usually reluctant to spend money, did not care this time.
It can be used this time. The next time I go to Beijing to see Secretary Du, it can be used without waste. ) !!