OBS Chapter 301 Auction of Transportation Shares
Chapter 301 Auction of Transportation Shares
"In order to allow more people from different walks of life who are capable and willing to innovate to join our Datong entrepreneurial team, my 500 shares will be divided into 100 shares at a time, for a total of five auctions."
"Now, I will be selling 100 small shares of the transportation company under the Datong Chamber of Commerce for the first time. Those who are interested in working in the transportation industry, please raise your number plates. My reserve price is 1000 taels of silver------"
As Sun Shan finished speaking, more than half of the hundreds of people below raised their number plates.
At this time, Luo Zhixiang was anxious and blurted out: "I'll give 5000 taels!"
Because the Luo family has done research and found that with their own strength, they can at most acquire a 100-point stake in the Datong Chamber of Commerce headquarters.
Even 100 small shares may not qualify.
After all, although this is an auction, even the royal family of the Sui Empire has come. Is it just the silver in hand that counts?
Therefore, the best option is to be the first to acquire small shares of the companies under the Datong Chamber of Commerce.
Luo Zhixiang's move increased the amount by 5 times, which stunned everyone in the audience who was unprepared.
Seeing that no one raised their placards, Sun Shan knocked the wooden hammer and said, "5000 taels for the first time. If no one raises the price after I bid three times, then the 100-point share of the transport company will belong to Mr. No. 66."
After about half a minute, no one raised a sign. Sun Shan knocked for the second time, and still no one raised a sign. Sun Shan secretly praised Luo Zhixiang: This guy has good vision, he just doubled the price and got it done.
"For the third time, friends present, is there anyone who has more than 5000 taels? If not, I will directly announce the result-----"
After a slight pause of half a minute, Sun Shan raised the wooden hammer in his hand and hammered three times in a row, then shouted: "Congratulations to Mr. Luo from No. 66 for successfully bidding for 100 small shares of Datong Transport Company!"
Seeing Sun Shan drop the wooden hammer in his hand, Luo Zhixiang's heart finally settled down. He patted his thigh and instructed the housekeeper to hand over the money quickly and take the share certificate directly.
"We are now auctioning the 1000th share of the transport company. The reserve price is taels of silver. If you are interested, please raise your number plate------"
This time, far fewer people raised signs.
After all, with the 5000 taels from Luo Zhixiang as a base, if he wants to buy it again, he might need more.
What's more, we are not determined to win the transportation agency business.
"5000 taels!" Luo Zhixiang decided to bet all the money he had on the transportation agency, because he was currently working in the Transportation Bureau and was optimistic about the prospects of the transportation agency.
Following Luo Zhixiang's bid, everyone put down their number plates one after another.
But just when Sun Shan asked for the second time if anyone had raised the price, Mo Haoyun, the representative of the Mohist School, raised the number 5 card in his hand and said, "6000 taels!"
I rely on!
Now, more than 2000 people in the auction hall looked at the two of them.
After pausing for a few seconds, Sun Shan secretly smiled in his heart. This was really interesting.
Then, he tapped the hammer gently: "Okay, No. 5 bids 6000 taels, is there anyone who wants to raise the price?"
When Sun Shan was about to knock for the third time, Luo Zhixiang raised the number plate in his hand: "7000 taels!"
At this moment, the whole audience was in an uproar.
If 100 small shares are valued at 70000 taels, then multiply that by 100 and the transport company would be worth 70 taels of silver!
However, before Sun Shan could strike the hammer again.
Mo Haoyun raised the number plate again: "8000 taels!"
This even shocked Yang Yongwang and others.
Because, in their minds, the transport company was only worth three or four hundred thousand taels of silver, which was enough.
At this moment, with this momentum, it is very likely to exceed one million taels.
Well, as the headquarters of the Datong Chamber of Commerce holds shares in all the companies, wouldn’t the tide be rising for all boats?
Seeing how cruel the Mo family was, Luo Zhixiang shook his head regretfully towards Sun Shan on the stage.
Indicate that you have given up and will bid again.
Soon, Sun Shan bid for 100 small shares of the transport company.
When Sun Shan auctioned the third 100th share of the transport company, there were less than ten people in the audience who raised their number plates.
Soon, Mo Jia once again bought these 8000 small shares for 100 taels.
However, when Sun Shan won the last share of 100, Wang Baoyu directly bid 10000 taels of silver and successfully won one.
In the end, of the 500 shares of the transport company held by Sun Shan, Luo Zhixiang won 5000 shares with 9000 taels and 200 taels respectively, and Mo Jia also won 8000 shares with two 200 taels.
In the end, the Wang family paid 10000 taels, more than three times the price, to acquire the last 100 small shares.
So, Sun Shan’s half-share of the transport company was auctioned off for a high price of 40000 taels of silver.
If, based on the Wang family’s final bid, the final value of Datong Transport Company would be 100 million taels!
Zhang Xueyou, who was sitting in the spectator's seat, raised his hand when he saw this and said, "Advisor Sun, please help me bid for 200 small shares. My Zhang family has limited financial resources. I want to bid for some money and raise funds for the Coal Bureau."
"Okay, Mr. Zhang."
When Sun Shan saw Jacky Cheung following him in bidding, he secretly gave him a thumbs up.
This is a wise man. When he knows that his own strength is not enough to support the shares in his hands, it is a wise move to release them in this way.
In fact, the reason why Sun Shan auctioned off his shares.
He also felt that he could not support such a huge fortune.
Therefore, not only was a portion of it auctioned off, but it was also directly announced that the remaining 40% would be donated to the Sun family to establish a trust fund.
As a result, the Sun family from Mianyang heard the news and came to share this huge pressure.
Moreover, as the original owner of the shares, he has a veto power, which makes it easier for him to operate this asset and better manage the entire Sun family.
At present, after two or three days of intensive discussions, the three companies in Mianyang, Chenzhou and Huayang have reached a basic consensus and will only wait until after the auction to see the specific value of the property before making any adjustments.
Jacky Cheung breathed a sigh of relief when he saw that Sun Shan agreed to let him follow him and bid together.
In this way, not only can the shares be auctioned off, but a better price can also be obtained later.
So, he generously said: "Thank you, Consultant Sun. I will donate one tenth of the proceeds from the auction of my shares to our Hengzhou education cause and to contribute a little to the young students in our Hengzhou!"
"Good!" We all applauded and welcomed our Huayang student Zhang Xueyou for his outstanding contribution to our Hengzhou education cause! "
As he spoke, Sun Shan took the lead in applauding.
Then, the entire auction hall burst into applause.
When the applause died down, Sun Shan knocked the gavel in his hand and said, "Now let's continue the auction of Mr. Zhang's 100 small shares of the transport company. Everyone, please raise your placards!"
As soon as Sun Shan finished speaking, Luo Zhixiang simply said, "I'll pay 12000 taels!"
Damn, this leaves no way out for others!
This is a 4 times premium!
Soon, the remaining 100 small shares were also bought by Luo Zhixiang at a high price of 12000 taels.
This makes everyone even more excited about the upcoming Red Mansion and Datong Real Estate.
At present, as the most profitable flagship enterprise under Datong Chamber of Commerce, what kind of sky-high price will it fetch?
Will it also be a premium of three or four times?
As for the small 500-point shares of the Datong Chamber of Commerce headquarters, families like the Luo and Mo families have already abstained from voting.
It is estimated that without 100 taels of silver, it would be impossible to get small shares.