Chapter 1293 The Anguish of Happiness

At 3 pm on December 29th, Li Dong and his party arrived in Pingchuan.

And just when Li Donggang returned to Pingchuan, Gome issued an announcement to publicly issue 6 billion new shares.

The reason why it is called public additional issuance is that there are two forms of additional issuance of new shares.

It is open to the public, of course.

There is another kind, private placement, which is called non-public placement.

Under normal circumstances, equity disputes are actually more suitable for private placement of new shares, specifically for a few investors.

In fact, Gome’s previous issuance of 9 billion new shares was a non-public issuance, all of which were contracted by Li Dong and Huang Guangyu.

However, the private placement, the two will not give an inch, and no one is willing to compromise.

At this time, the re-directed issuance has actually no effect.

Moreover, the issuance of new shares is not unlimited. There is no way to determine the outcome of a private placement, and only a public placement can be adopted. In this way, it will be more beneficial to all shareholders.

In private, no matter how hard the two fight, there is actually a limit.

But once the secondary market is in full swing and the overall stock price rises, it will be a good thing for shareholders and retail investors who hold stocks.

This is equivalent to using their own money to pay for all shareholders, and no one is unwilling.

As soon as the Gome announcement came out, it immediately caused a sensation.

The reason for the sensation is that, first, the speed is too fast!

Second, the opportunity to make money is here!

In the private placement, external institutions and retail investors have no chance to participate, and naturally it is impossible to talk about making money.

But now it is different to carry out public additional issuance.

Public issuance of new shares does not have a restricted period, and can be traded at any time just like ordinary new shares.

Li Dong and Huang Guangyu obviously want to take the opportunity to start a war and seize the controlling stake in Gome.

At this time, ordinary shareholders apply for subscription. Once successful, there is almost no difference from the issuance of new shares, and the stock price will definitely rise next!

Of course, this is not 100%.

Once one of the two companies gives up the shareholding dispute, Gome's stock price will return to normal levels.

But so far, neither of them have any intention of giving up.

Old Huang couldn't give up. Li Dong was also an extremely domineering master in the outside world. At this time, Li Dong had made a huge investment, and it was impossible for him to give up.

Therefore, as long as you can apply for new shares, you can make almost 100% money.

On the day of additional issuance of new shares, there is no limit on the price limit, just like ordinary companies going public, and the battle on the first day must be the most intense.

It was inevitable that the stock price would skyrocket that day.

However, Gome's announcement also contained another message.

The original shareholders have the right of first allotment.

The so-called preferential allotment means that when issuing new shares, the original shareholders can take priority to acquire a part 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. The purpose is to prevent the dilution of the original shareholders' equity and cause losses to shareholders' interests.

Another point is also to prevent the newly issued new shares from being ignored, resulting in heavy losses for 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 exercises the preemptive allotment right, he can win about 1.3 billion new shares at the issue price.

On the Huang family's side, they can have priority access to the allotment of nearly 1.5 billion shares.

As for other shareholders, JPMorgan Chase will definitely give priority to allotment, winning about 200 million shares.

Other shareholders, depending on their own wishes, if all the placement rights are used, the 3.6 billion new shares will not enter the market.

The remaining 2.4 billion new shares will appear in the secondary market.

If other shareholders do not make a placement,

In addition to Li Dong and Huang Guangyu, there are still 600 million shares left, and a total of 3 billion new shares have entered the market.

...

The announcement does not mean that Gome can resume trading now.

Announcement in advance is just a procedure that listed companies must go through. Next, according to the normal process, they have to wait for the review and approval of the Hong Kong Stock Exchange. Then, like a newly listed company, select an underwriter and conduct a road show before proceeding with the issuance of new shares.

During this period, there is also a subscription process.

However, this is a general situation. In order to obtain better benefits, to keep the stock from being ignored, and to raise the stock price...

Then, there was a road show to impress investors.

At present, Gome does not need all this.

Li Dong and Huang Guangyu wished that no one would pay attention to the new shares, because they would not hold a road show.

The road show is not necessary either, this can be done according to the wishes of the enterprise itself.

However, in the past, there were almost no companies that did not have a road show. After all, whether a company went public or issued new shares, it was all to obtain greater benefits and higher stock prices.

To impress investors, this has to be done.

That was in the past. At this moment, Gome has directly omitted this process. The combined shareholding ratio of Lao Huang and Li Dong plus JPMorgan Chase has exceeded 80%.

They don't do roadshows, and other shareholders' consent is useless.

For a while, news spread that Gome would not hold a road show, which left countless shareholders and capital institutions dumbfounded!

This equity war has created too many miracles.

Li Dong seized power in a flash, the Huang family fought desperately and refused to give up an inch, the share capital increased again and again, and the entire Gome system continued to expand.

Up to now, the issuance of new shares has even broken the inherent process!

After the Hong Kong Stock Exchange's approval, Gome will resume trading and issue additional shares immediately!

I dare not say anything else, this time the issuance of new shares is definitely the fastest in history!

Moreover, from the on-court to the off-court, until now, the two sides have not yet decided the winner, and they almost detonated the battle between the old business gangs of the two places in the middle, which is also a wonderful thing among strange things.

Although Gome does not choose a road show, it does not mean that no one cares about the new shares.

Quite the opposite!

What makes other companies preparing to go public envious is that, even if the Hong Kong Stock Exchange has not yet passed the approval, countless investors and stockholders have poured into the trading floor, waiting for Gome's new shares to go public.

Even if the subscription is extremely difficult, retail investors and capital institutions don't mind taking a chance.

It is an obvious profit-making business, and it is a fool not to enter the market.

On the 29th, as soon as the Gome announcement came out, all circles in Hong Kong called for the Hong Kong Stock Exchange to show its efficiency as soon as possible, and immediately approved the approval, and arranged the time for resumption of trading and subscription.

Everyone, can't wait!

...

plain.

Li Dong, who received Chen Lang's call, hung up the phone and couldn't help sighing: "Everyone is like a hungry wolf smelling fishy. We are so low-key that we don't even play road shows. Why are we so excited?"

If Li Dong's words spread, other companies preparing to go public will cry out.

They hope that when it goes public, it can cause a sensation and make countless investors frantically snatch it up and enter the market frantically.

But even if they shouted at the road show, the companies that went public during the period of 2008 did not do well. Sometimes the new shares listed could not even reach the basic subscription amount, and the shareholders had to pay for it themselves.

As for oversubscription, it was common in the past few years, or in the past when companies went public, almost all of them were oversubscribed.

However, due to the impact of the general environment in 2008, oversubscription is not without exception, but the amount of excess is limited, and it is unlikely that the oversubscription will be more than ten times or even dozens of times.

Unlike this time, the two shareholders are wishing that no one will come to snatch it, wishing that everyone would ignore it.

This is probably the only one among listed companies in recent years.

Li Dong sighed, and Shen Qian also had a headache and said: "This time it's a little troublesome, the oversubscription multiple is much higher, and the lottery winning rate will be greatly reduced.

In this way, we can only meet our expectations unless we prepare hundreds of billions of funds.

Otherwise, wait for a big fight in the secondary market. "

The new shares entering the market this time are 2.4 billion shares. According to the result of the previous discussion between Li Dong and Lao Huang, the issue price is 1 Hong Kong dollar.

In other words, if only one institution participates and subscribes for 2.4 billion Hong Kong dollars, then all these new shares will 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 oversubscribed, then the probability of finally obtaining shares is only 10%.

In short, as the subscription capital increases, the probability of winning the lottery becomes lower.

Li Dong and Lao Huang didn't have that much money, and it was impossible to prevent others from entering. After they subscribed in the primary market, they would definitely not get many shares.

In the end, only when shareholders trade in the secondary market can they use money to repurchase the circulated equity.

Thinking of this, Li Dong sighed: "It's already expected, if it was so easy, we wouldn't have to raise funds, and we won all the 2.4 billion Hong Kong dollars, that's fine.

It is knowing that it is not that simple, so I prepare more money.

It's not easy to do something these days.

Shareholders are also idle, why should they invest in Gome. "

Shen Qian couldn't laugh or cry, this kind of sadness really made people wonder whether to sympathize or despise.

Oversubscription, which listed company does not want its issued stocks to be oversubscribed at a higher multiple, which means that the public agrees with the company and is a manifestation of potential.

Moreover, the overall stock price has risen, and the company's market value has also risen.

If it can be doubled, the value of Gome as a whole will exceed its peak period, with a market value as high as 70 billion Hong Kong dollars!

If there is no shareholding dispute, everyone will die of laughter.

But at this moment, it is indeed a headache.

However, it is normal that the market is booming. Shen Qian didn't dwell on this topic any longer, and instead asked, "Should we go to the company first, or to the provincial party committee compound, and then to your house at night?"

Shen Qian didn't continue this topic, and Li Dong didn't bother to talk about it.

Anyway, the Hong Kong Stock Exchange has not yet approved, and the subscription date has not yet been set. As for how many shares can be obtained in the primary market, we will talk about it at that time.

If you can't get it, then go to war in the secondary market, which is almost inevitable.

Hearing Shen Qian's question about going home, Li Dong thought for a while and said: "Let's go to the company first, and then go back to have dinner together in the evening, and I have to call my parents in case they are unprepared. "

The new daughter-in-law was nervous when she saw her in-laws, and the future in-laws were actually also nervous.

Li Chengyuan and his wife also had to prepare and brew in advance, so as not to catch them by surprise.

...

Oriental Fishing Village.

Not many people knew the identities of Li Chengyuan and his wife. The couple used to be in Dongping, but they liked to brag about their son.

But since Li Dong became the richest man, the couple no longer mentioned who their son was.

However, as Li Dong's base in Pingchuan, Li Dong's reputation is unmatched here.

As soon as Gome's announcement came out, it immediately aroused heated discussions among the public.

Even people who don't usually speculate in stocks are talking about it at this time.

Before dinner time, there were not many guests in the restaurant, and most of them gathered in the lobby.

Cheng Fang casually shuttled in the lobby, and heard someone say from time to time: "Can Hong Kong stocks be traded in the Mainland? When will the subscription start? Let's raise some money to subscribe and make a fortune!"

"Then you have to go to Xiangjiang, there is no way in the mainland."

Now that Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect have not yet opened, the mainland cannot directly trade Hong Kong stocks. If you want to subscribe, you have to go to Hong Kong or entrust an institution.

But for ordinary citizens, commissioned institutions are too far away from them.

Many people felt deeply regretful when they heard this, and said helplessly: "It's a pity, it would be great if it was listed in the mainland, this time Li Dong and Gome are fighting, it's like picking up money.

If you subscribe for hundreds of thousands of shares, you will earn at least tens of thousands in return, and even if you double it, it is a waste of opportunity. "

"Who says it's not, this is still Gome, and I really hope that Yuanfang can be listed in the mainland.

When the time comes, I will lose everything and have to buy Yuanfang stocks.

Just because of Li Dong's name, plus we are our own people, we can make a lot of money. "

"Yuanfang is too far away to go public. Let's talk about Gome. I don't know if Li Dong can win Gome this time."

"It's 100%! Don't you know? I heard that our Jiangbei business community has started raising funds again, and is going to go to Xiangjiang to subscribe for new shares and help Li Dong seize the controlling stake in Gome!"

"What else? This time Jiangbei is so awesome. I'm excited to think about it. Why don't I go to Xiangjiang for a trip and buy some stocks by the way. Maybe I can help Li Dong."

"Come on, this is a war of billions or tens of billions. With your little wealth, you won't get a bubble if you invest in it. But if you can really buy stocks in Xiangjiang, you will make money."

"..."

Everyone's topic is on "Li Dong", "Gome", and "buying stocks".

Cheng Fang doesn't understand stock trading, and she doesn't know some terms at all.

But she knew that her son seemed to have done something big this time, and wanted to buy Gome back.

I heard that the people in Gome refused to agree, and my son insisted on buying it after spending tens of billions. Now it has caused a national sensation.

Thinking about these things in her heart, she walked to the counter and saw her niece Cao Yu settling accounts, Cao Fang couldn't help sighing: "You said Dongzi is the same, it's fine if he doesn't sell it, and he has to spend so much money to buy his company.

I know Gome, we also have their stores here.

But it costs tens of billions for such a little thing, I don't know what Dongzi thinks. "

Cao Yu didn't understand these things before, but he has learned a lot in the past few years, and said with a smile: "Gu, you don't understand, Dongzi is going to do something big, and Gome will be Dongzi's from now on.

Even Suning is about to belong to Dongzi. Sooner or later, all supermarkets and home appliance stores across the country will belong to Dongzi.

When the time comes, if you want anything, you can just go into the store and get it, and you don't have to pay for it, that's great. "

Cao Fang said angrily: "What are you talking about, why don't I go to the store to get things when I have nothing to do.

By the way, Ayu, what kind of subscription are they talking about?

I listen to what they mean, and I can help Dongzi, do you understand? "

Cao Yu also vaguely understood, and reluctantly explained: "Anyway, Gome is going to sell new stocks, and whoever buys more will win.

Now Dongzi has fewer Gome stocks than Huang's. If he wants to buy more, Dongzi will win. "

"that's all?"

"Well, that's probably it."

"Then I still have a lot of money on hand. You say, I'll buy some. When Dongzi is less than others, if I give him more, will we win?"

Cao Yu said helplessly, "Gu, you only have a few coins.

There are tens of billions of stocks over there. It's useless for you to get in with this little money. "

Cao Fang shook her head and said: "That's not what you said. You said that if Dongzi has more, he will win, so even if I buy one share, maybe Dongzi will be so short by then.

Call your brother, hasn't he traded stocks with Dongzi before?

I heard that you have to go to Xiangjiang to buy stocks. Let your brother make a trip and take the money to Xiangjiang to buy stocks. You can't let Dongzi lose.

I heard people say that if Dongzi loses this time, he will have to lose tens of billions. Thinking about it, I feel uneasy. "

Seeing that her aunt insisted, Cao Yu had no choice but to call Cao Feng.

At this time, Li Chengyuan also came over, and when he heard Cao Fang's words, he couldn't help saying: "I still have some money, if it's not enough, let's mortgage the hotel first, borrow some money, and ask acquaintances to contribute.

This kid, now that he is doing big things, he won't tell us any more.

I haven't been able to sleep well these few days, I just need to take care of him when I turn around! "

When Cao Fang heard this, she didn't care about the rest, but raised her eyebrows and said, "You still have money, how much do you have?"

"Two hundred thousand..."

"Okay, Li Chengyuan! I handle all the hotel's accounts, and you actually hid so much!

Tell me honestly, what do you want to do with so much money hidden away! "

Li Chengyuan was speechless. Is this the time to worry about this?

The couple were talking when Cao Fang's cell phone rang.

Seeing that it was her son's number, Cao Fang gave Li Chengyuan a white look, and hummed, "I'll deal with you later!"

After connecting the phone and chatting for a few words, Cao Fang hung up the phone and said in a hurry: "It's over! Dongzi will bring the girl from the Shen family back tonight!"

"tonight?"

Li Chengyuan was also stunned for a moment, and then said: "I'll come back when I come back, it's not like I haven't seen it before..."

"What do you know! The girl from the Shen family is Secretary Du's daughter, you haven't seen that, the last time our district chief's daughter came to our place for dinner, she was very impressive.

Secretary Du is a lot taller than the district chief. It was okay before, but not now.

No, we're like this, we can't embarrass Dongzi later.

Don't be so embarrassing in this greasy body, change your clothes, I'll take you to have a haircut, buy a new set of clothes, I'll do your hair too, and I have to buy some food...

It's over, I forgot to ask Dongzi, what does the Shen family girl like to eat! "

Cao Fang spun around anxiously, Li Chengyuan was speechless.

However, he took off his chef's clothes obediently. It was not easy for his son to settle down completely. Bringing his daughter-in-law to dinner, he couldn't embarrass his son.

As for buying a new set of clothes, Li Chengyuan, who is usually reluctant to spend money, doesn't care this time.

It will be useful this time, and the next time I go to see Secretary Du in the capital, it will be useful as well, so it's not a waste. )!!