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Chapter 433 Early Retirement Stock Repurchases


If it weren't for some unspoken rules for going public in the United States, Xiao Bai would not have ceded his current interests to the other party.But people's hearts are insufficient, and people want more benefits.However, according to Wei Feng, Xiao Bai knew that this matter was basically fine."

Brother Xiao, how long are you going to stay in the capital this time?"

Jiang Wei waited for the two of them to finish chatting about business before asking."

About a week, depending on how things go.Xiaowei, how are you doing?

Have you talked about a girlfriend?

”Xiao Bai grabbed a box of cigarettes on the coffee table and threw it to Jiang Wei.He knew that this guy was quite addicted to smoking, probably because he was here, so he never dared to smoke.Jiang Wei reached out and grabbed the cigarette, hesitated for a moment, and then took out a cigarette and lit it.Wei Feng took over the conversation with a smile and said, "Xiaowei has not only found a girlfriend, but he has already moved in with others. ”Xiao Bai couldn't help but wonder."

Brother Xiao, we may be getting married soon.However, neither she nor I have a Beijing hukou, so I don't know how many years it will take to settle down. ”Now there is no restriction on the purchase of houses in the capital, but the household registration in the capital has never been difficult to do, and these few words will represent the voices of many people who drift north."

Let's talk about the hukou matter, you can queue up slowly, and wait for the house to be solved first.Are you having financial difficulties buying a house?

If you need help, just let me know. ”Xiao Bai couldn't build a large number of staff residences in the capital like the one in Shencheng.Since the beginning of this year, the country's housing distribution reform has been fully rolled out, and housing monetization is the mainstream in the future.Not only that, starting next year, the distribution of college students will also be marketized, and the state will no longer guarantee the distribution, and the employment needs and employers will be two-way choices.So, the end of the nineties was a time of great change.Whoever spins his brain faster will benefit first."

Thank you, Brother Xiao.But don't bother you, I saved some money myself, and my family will provide some help, so it's still no problem to buy a house. ”Jiang Wei smiled and arched his hand, his current income is not bad, his family conditions are okay, and people are already planning to buy a house.Xiao Bai chatted with the two until late, and it was almost twelve o'clock at night before Wei Feng and Jiang Wei left the courtyard.The next morning, Jiang Youwei first went to see several office buildings, and finally selected one and signed a lease contract with others.Xiao Bai came to his father's unit at noon and had lunch outside with Xiao Tianfang."

Dad, I still have some things to do these days, let's go to Jinmen to see my mother together on the weekend."

You are really, one wants to start a business, and the other stubbornly guards the unit and refuses to come down, so the two places have been separated?

”Xiao Bai had never taken care of his parents' affairs before, and he respected their decision no matter how he chose.But at dinner today, he suddenly found that his father was a lot older, and only then did he realize that his parents' current living conditions were problematic."

We haven't bothered to tell you yet, that's the case, I've already made a report and is ready to retire early.However, the unit has not yet been approved, and it is estimated that it will be soon. ”Xiao Tianfang glanced at his son very pleased, he felt that Xiao Bai was much more careful than before.He and Liang Yufen had a lot of arguments about this matter, and in the end, Xiao Tianfang decided to accommodate his wife and retire early to go to Jinmen to work with Liang Yufen.After listening to this, Xiao Bai breathed a long sigh of relief."

Dad, go back and buy a house in Jinmen.Don't listen to my mother, if she doesn't agree, I'll take care of it. ”Xiao Bai chatted with his father for a long time, and it was almost time to go to work in the afternoon, and the father and son came out of the restaurant.In the afternoon, Xiao Bai made a phone call to Zhang Chun and asked him to come forward to invite the two directors who helped to apply for the mobile phone production license out, and everyone had a meal together in the evening.Subsequently, he contacted the relevant departments and said his investment intentions.Xiao Bai is ready to invest in the construction of Yingsheng International Building in the capital, with a total investment of more than 1 billion Hong Kong dollars, which is definitely a big project.The leaders of the relevant departments attach great importance to it and are about to come to visit Xiao Bai.Xiao Bai made an appointment with the other party the next morning, and it happened that the office building rented by Jiang Youwei did not need to be renovated, so he agreed to meet there.At about four o'clock in the afternoon, Zhang Chun called and said that he had made an appointment with the two directors and would go out to sit together in the evening."

Xiao Xiao, I have already arranged the time and place, just come over on time when the time comes."

Zhang Chun didn't book too high-end places, not to save Xiao Bai money, but to be quiet without being disturbed.He still agrees with Xiao Bai's approach, no matter whether it will be useful in the future or not, if people have helped, they must remember that crossing the river and demolishing bridges is not a good habit.In the evening, Xiao Bai went to the appointed place on time and met Zhang Chun and the two directors.Because there is no interest involved, the guests and hosts of this meal are happy.This is how people deal with people, and everyone is willing to associate with people who are emotional.After eating, Xiao Bai did not arrange other activities, which is also what Zhang Chun meant.Xiao Bai drank a lot of wine today, and after returning to the courtyard, he took a bath and went to bed directly, and there will be things for tomorrow tomorrow.Following.Xiao Bai met with the person in charge of the city's investment promotion office at the newly leased office location."

Director Guo, I plan to invest HK$1.5 billion in the construction of Yingsheng International Building and its ancillary facilities.The positioning of the building is, of course, an international Grade A office building, part of which we use for our own use. ”Xiao Bai was not verbose, and directly said his plan, "Xiao Dong, we welcome your investment!"

I will give you all the support from all aspects!

”Director Guo's words are really not official.In the next few days, Xiao Bai and Jiang Youwei realized what efficiency is.The procedures for Yingsheng's investment in the Beijing company were completed within a few days.The procedures of the Yingsheng International Building project are also advancing rapidly.Jiang Youwei is temporarily responsible for the preliminary work, including the recruitment of personnel in the Beijing company.Xiao Bai transferred Jiang Wei from Times Network to serve as the financial director of Yingsheng Investment in Beijing, and transferred the manager of Yingsheng Investment Shencheng Company to Beijing.The deputy manager of Yingsheng Investment Shencheng Company was directly promoted to the main position, which is a big step forward.After settling down these things, he had time to inspect several of his companies, focusing on AUO's integrated circuit manufacturing Beijing Company, to understand the company's technical process status, as well as production capacity and other issues.Weekend.Xiao Bai accompanied Xiao Tian to Jinmen, stayed there for two days, and then returned to Xiangjiang.Jiang Youwei stayed in the capital and did not leave, and there are still many things to deal with in the new company and the Yingsheng International Building project.He had to wait for a lot of things to be sorted out before he could leave."

Xiao Dong, I think the Hang Seng Index has basically pulled back in place in the past two days.However, it is difficult to judge the direction of the future, and I don't know when this wave of crisis will pass. ”This is despite the fact that on the settlement day, the HKMA declared that the battle to defend Hong Kong Financial has been won.However, according to Cui Mingda's view, this victory can only be said to be a phased victory.Because a lot of speculative funds are still opening short positions in the future, this part of the position is still there, which means that the future variables are still there!

Therefore, Cui Mingda's view is not very optimistic."

Lao Cui, the Xiangjiang government has also invested a lot of money in the long position, and the specific amount has not been announced, but you can know from the analysis that the amount will definitely not be less."

Xiao Bai partly agrees with Cui Mingda's view that the current financial crisis has not yet passed.But if it is said that there is a possibility of a comeback of international travel funds, it is a bit of a high opinion of them.In fact, there is only one task for international travel capital in the future, that is, stop loss."

If we can see the direction clearly, can we go long Hang Seng Index futures again?"

Cui Mingda is very bold, at least much better than Jiang Youwei.At this time, after listening to Xiao Bai's analysis, he was a little nervous."

Don't do it!

Our every move of Yingsheng Investment is now being watched, and the rescue of Xiangjiang has come to an end, and there is no need to take any more risks.Next, we can consider the problem of individual stocks, especially the loss of the market value of our own company's stocks, so you can study it from this aspect. ”Xiao Bai vetoed the suggestion to go long Hang Seng Index futures again and gave Cui Mingda a new task."

Okay, I see!

However, the share price of AUO Microelectronics fell below 8 yuan again, and it is not easy to pull up the stock price. ”Cui Mingda suggested that it be a suggestion, but he would still carry out Xiao Bai's orders well."

No, don't think about driving up the stock price, you can consider a share buyback."

Xiao Bai smiled and waved his hand, signaling that Cui Mingda should think about the problem differently, and not always use the idea of speculating stocks to solve all problems."

Repurchase?

Oh, I see. ”Cui Mingda's reaction was not slow, as soon as Xiao Bai reminded him, he immediately understood the core of the problem."

Well, you start with some research on the technical side.After I have discussed it with AUO, you will be in charge of this operation. ”Xiao Bai intends to deal with the problem of low stock prices according to Wall Street's thinking.The most popular way for listed companies on Wall Street is to distribute no or less profits, buy back shares when the company's stock price is low, and then write it off.As the number of outstanding shares decreases, the total share capital also decreases, and the earnings per share will naturally rise, and the rise in stock prices will have an endogenous momentum.Wait for the stock price to hit a record high and then carry out additional issuance, of course, the price of additional issuance is much higher than the original repurchase price, which is the grasp of the general trend.Subsequently, Xiao Bai held a meeting of the board of directors of AUO Microelectronics in Xiangjiang and passed the proposal of the company's share repurchase.The funds used for the company's share repurchase are first withdrawn from the working capital.When the company's funds are tight, you can also take a loan from the bank.For the specific operation, AUO Microelectronics was entrusted to Yingsheng Investment, and Cui Mingda was specifically responsible for the implementation.The next day, AUO Microelectronics Group Co., Ltd. issued a share repurchase announcement.Announced that from now on, it will repurchase the company's shares in the secondary market at a price between HK$7 and HK$11 per share, and the number of shares repurchased will not exceed 100 million shares.