Extraordinary Genius

Chapter 1701: A good hand cannot be played

Views:

"Selling shares? What do you mean, the superiors want to force them to buy shares?" Feng Yu's face was very ugly. Anyone who heard this kind of news would not be very happy.

"What are you thinking about? Who said we have to force a shareholding? I'm just asking you if you have any plans to sell your shares. The controlling party must still be you. We just want to participate in the shares." Zhang Ruiqiang explained.

"What if I refuse?" Feng Yu asked.

"Then just pretend I didn't say it." Zhang Ruiqiang said easily.

Feng Yu rolled his eyes, it was no big deal at all. He thought someone above him was crazy and wanted to swallow his property.

"Feng Yu, you don't plan to sell this share in the future?"

"Not necessarily, maybe they will be sold a little. Look at the kind of life that rich people live. They all live in large estates. In the past, even the palace could not compare."

"As for me, how big is the villa I live in? Maybe I will sell some shares to improve my life or something."

Zhang Ruiqiang "..."

It sounds like you are in a tight situation. How much does your smart home control system cost? I heard it cost hundreds of millions of dollars to develop and produce that thing!

"If you really plan to sell your shares, the higher-ups want state-owned assets to be your first choice." Zhang Ruiqiang said seriously.

"You have also seen how much these shares of mine are worth. If I sell some, it is okay for you to give me cash, but what should I invest with the money? Even if I only cash out 10 billion US dollars, how will I spend it? Should you guys Are you planning to make me feel like it’s nothing to spend and then just donate it?”

Why don't many wealthy people sell their assets? Even if they know that now is the best time to sell assets, they would rather watch the value fall than sell.

Some are due to controlling rights issues, and some simply don’t need to cash out. What do they do with so much money

Just like Feng Yu, the normal share dividends every year are already astronomical. It is very difficult for ordinary people to lose everything, not to mention that Feng Yu's family is not a waste of money.

"Do you still have fewer investment goals? There are so many companies in the world worth investing in, but none of them interest you? Of course, I am just talking about it. You also said that foreign government pensions, and even school Scientific research funds, etc., are all invested, so that money can make money and more things can be done."

For example, Nobel's bonuses are now several times higher than the money donated by Nobel, and so many bonuses are given out every year.

This is the result of some people who specialize in managing this bonus fund.

"Old Zhang, what do you mean, you don't know what to invest in, and then you think it's a good deal to invest in my company? I have a good hand, but you have really blinded me." Feng Yu shook his head. He had money but didn't know how to use it. What a tragedy to make more money.

Zhang Ruiqiang looked curious: "What do you mean?"

"What do you mean? How simple. Which big market in the world has the fastest economic development now? It's China. The rise of various industries has attracted the attention of the world."

"How do you do it? Withdraw profits from some enterprises and then allocate funds to local construction, right? Even for the sake of local development, continue to attract foreign investment, right?"

"As a result, those companies that were originally profitable were punished too hard and lacked funds to invest in technology research and development, so their profits became less and less. And the local companies that made money, you all handed over to foreign investment. No. Yes, they have contributed a lot of tax revenue, provided employment opportunities, and developed the local economy, but the bulk of the profits have been taken away by foreign capital, right?"

"You state-owned assets are now pursuing a go-out policy and using your money to invest abroad, but what have you invested in? Just buying a few funds is called investment?"

"It is true that funds have higher interest rates than banks, but after accounting for inflation, ordinary funds can only protect your capital. What kind of investment is this?"

"The domestic market has allowed foreign capital to take advantage. You have a lot of money in your hands, but you only know how to invest in capital preservation. Do you think a good hand has been blinded?"

Zhang Ruiqiang said unhappily: "We want to develop foreign trade and attract foreign investment. This is what the whole world is doing. What's wrong with that? We invest money and earn foreigners' money. What's wrong with that?" "

"You still haven't figured it out. I'm not saying that you are completely wrong, but I'm asking you to think about it. Is it a surplus or a deficit? In some industries, we can obviously invest by ourselves, so why do we need foreign investment? Investment? If they master the key technologies, that’s it. Many industries are very simple and they just need funds, so why should they be cheap?”

"Why can't the money from state-owned assets be invested directly in China? If you are a shareholder, can't you get dividends every year? When you are in urgent need of money, you can just sell the shares directly. Why do you have to make foreign capital cheaper?"

"We welcome those foreign investors to come to China for trade, but we can't just watch the opportunity go to them, right? Why can't we compete directly with those foreign investors? When you invest overseas, haven't you found some local protections in those countries? policy?"

"And if you want to invest in the stock market, that's fine, but why don't you invest in domestic listed companies? Have I told you that crude oil prices will rise, so will the stocks of petroleum and petrochemical companies rise sharply?"

"A very simple example, when Huaxia Petroleum Company was listed in Xiangjiang, the stock price has been hovering between one or two Hong Kong dollars. Then, Buffett bought Huaxia Petroleum shares in the Xiangjiang stock market in a very high-profile manner, right?"

"Have you seen what the stock price was when Buffett bought it, and what it is now? I'm sure that Buffett will sell China Petroleum's shares in a while, because his book profit has already reached six times!"

Huaxia Petroleum is like this. It pays 45% of its profits as dividends every year, which keeps the company's market value from rising. This dividend model is something that no other crude oil company can do.

Therefore, when Buffett initially invested in China Petroleum, the result of his analysis was that the true market value of China Petroleum should be four times the stock price.

To put it simply, with such a good investment, why don’t state-owned assets know that buying it, even if it is just waiting for dividends, is a good investment, not to mention that it would be better to sell it after the stock price rises.

There are so many investment projects that state-owned assets can do, but the superiors don't know how to invest or how to make long-term investments. Such a large amount of money is completely wasted. (To be continued.)