Extraordinary Genius

Chapter 222 OPPORTUNITY OF HOLDINGS (Request for Tickets)

Feng Yu wondered how much Masao Tortoise owed. His passport was withheld, but he owed more than RMB 10,000. Any Black Dragon Corporation representative in China can't even get out more than 10,000 RMB.

Feng Yu gave him $30,000 directly, asked him to redeem his passport, and then went back to the country to find out the news. As soon as he got in touch, he called Feng Yu. Feng Yu can always invest in him.

Of course, Feng Yu did not fully believe Masahiro Tortoise. He also gave the phone to Guangzheng. He asked Fujia if there were any connections on the island. He helped to find out what was happening between Black Dragon Corporation and AIWA.

AIWA just at the end of last year in Xiangjiang, in cooperation with Fujia boss, founded Aihua Electronics Co., Ltd., with the intention of radiating the mainland market through Xiangjiang.

Paid just made a few phone calls and found out what happened to AIWA. After all, they also investigated it before cooperating.

AIWA was re-funded by Sony in '87 and became a subsidiary of Sony Holdings, but operated independently of Sony's brand.

Unfortunately, as a result of the economic crisis, their product market share declined year by year and lost years in a row. Even though Sony struggled to save, AIWA still has billions of yen in debt, and their company's current market value is less than 1.2 billion yen.

Again, after two years of improved operations, we made a little better money. In previous years, when the company had its lowest market value, it was only 800 million yen, and its liabilities exceeded 10 billion yen!

Sony also sees AIWA technology and brand, wants to unite against the subordinate brands, so to speak, when the island's electronics are currently competing for the country's boss, pull up more capable penises to get up, even if the penis is now sick, it has been brilliant, and possibly will be brilliant again.

But Sony's revenues have not been very good for two years, and AIWA's president has gone wild and expanded to complete the market layout, which requires a lot of money for Sony.

But I don't know how President AIWA convinced Sony to agree. Fu Guangzheng told Feng Yu that AIWA may have technology and good brand reputation, but it is still in the pit. If you want to pull it up, you have to be ready to be pulled down at any time.

Others didn't like the brand AIWA, but Feng Yu did. In '93, AIWA could turn around completely. In' 94, he became the owner of the cassette listening market, with sales of more than 160 billion yen a year. We can see that AIWA president's strategic layout was successful at this time.

Of course, this is the result of Fu Guangzheng's investigation, and Feng Yu should also refer to Masahiro Kameda's findings before deciding whether to talk to Sony and buy the AIWA shares in Sony's hands!

As for Black Dragon Co., Ltd., Fu Guangzheng had never heard of it. It was good that Fu Guangzheng's uncle had some industries on the island, and there were acquaintances there. He asked him to ask for help before he realized that Black Dragon Co., Ltd. was indeed applying for bankruptcy, as Masahiro Kamada said, because of poor management, diversified development and broken financial chain.

The factory has been taken away by the bank and the company has been dissolved. I heard the president has disappeared. As for Masahiro Tortoise, who Feng Yu asked them for help, there was no news, the level was too low, and no one had noticed before.

Feng Yu asked Guangguang to help contact AIWA executives. He was interested in acquiring shares in AIWA and asked if anyone was willing to sell them.

However, Feng Yu was very disappointed. Several executives who held shares did not intend to sell them at all. They were all responsible for this, and they all believed in the boss and Sony. They believed that with Sony's help, the boss would definitely lead them out of the dilemma and lead AIWA.

Feng Yu would like to know where your confidence came from. I don't remember the last few years of your company's big redundancy. More than 3,000 employees turned into more than 1,000, redundancy more than 60 percent!

AIWA was also once the best carry-on manufacturer in the island country because they introduced BEE, so they had the best sound quality and were selling best in the island country at the time. But then, because of the blind expansion of the loss, the shares were sold over and over again? Now they're all Sony's subsidiaries, and they're still obsessed.

Although Feng Yu knew that their insistence would eventually pay off and that AIWA would really rise in two years, AIWA would decline again after its involvement in the computer field in '95.

Fortunately, Masao Torta immediately brought good news to Feng Yu. Sony's vice president is coming to China in two days to check out Huaxia's market. And Masahiro Tortoise also got a message, and it was this vice president who was a strong supporter of AIWA.

But so far, Sony has not received the reward it deserves, and the vice president is under a lot of pressure from Sony, and shareholders have expressed dissatisfaction with him. AIWA's loss year after year, coupled with the current economic downturn, even Sony's share price is falling.

Sony has publicly called for the sale of shares in AIWA, but unfortunately in the island countries only the lower companies are interested, they would rather lose money than sell to competitors to strengthen each other.

At the very least, they can now do market coalitions to deal with companies like Xiaoxia, Toshiba and Sharp, and will listen to the market as fully as possible, which will greatly benefit the future of the company.

Masao Takeda believes that if Feng Yu talks to Sony's vice president, all he needs to do is continue to maintain his alliance with Sony, continue to compete benignly, and don't even need a premium, so the fair price can be bought. Sony holds about 61 percent of the shares, and two banks hold about 6 percent of the shares in AIWA.

As soon as Feng Yu's eyes lit up, if Sony and the bank bought all the shares of AIWA, they could make up 67 percent, become the controlling shareholder, and he could completely take AIWA back to him!

Feng Yu calculated that the current market value of AIWA is about 1.2 billion yen. At the exchange rate of the yen at this time, it is about 8.4 million dollars, so the acquisition of 67 percent of the shares is not even worth 6 million dollars.

With $6 million, you can hold a boss who listens to the market for more than two years, bringing him over hundreds of millions of dollars in profits. This investment is a bargain!

Feng Yu's eyes flashed out the $symbol, he wanted to acquire shares in AIWA in Sony's hands, and he wanted to hold the company!

……

Fu Guangzheng sat with his father, both bowing their heads and pondering. Feng Yu inquired about AIWA and put them to heart. Although the company that worked with AIWA did not pay for his righteous father, but for his great-uncle, the whole payer was connected, prosperous and damaged.

Fu Guangzheng and Fu Rongjin can't figure out why Feng Yu bought this AIWA company? Did Feng Yu get any more news on it and know that the market is going to flourish? It's a good thing they don't have to worry about.

Now Fu Rongjin is thinking, do they want to put a foot in it and make a fortune while they can?

Fu Guangzheng persuaded his father to talk to Uncle Da and buy shares in Xiangjiang Aihua Electronics Co., Ltd. I'm sure he would give him this face if he invested in a small company with low investment.

Every investment by Feng Yu, the final profit is very impressive. Pai Guang thought it was a good opportunity and he definitely didn't want to give up anyway.

……

“Teacher, I would like to take a few days off. I know I have a final exam. I have something to do. I will definitely be back before the exam. ”

The next day, Feng Yu boarded the plane with Wu Zhigang and went to Devil's Town.