Chapter 441 The highest level of bragging is to brag and believe it
How powerful is capital?
The power of capital can be greater than people imagine!
If you don't give money, any organization or individual will let you work, work for a long time, pay a huge amount of work, are you willing?
If the money is in place, is it likely that you will do a lot of things that you are not willing to do, dare not do, and pay a huge price?
This is the power of capital, so big that no matter how much you hate it, you have to work hard for it.
So big that the tools you use when you scold him are also produced for you.
It's so big that you want to kill it day and night, and then you want to have it day and night.
So big that all ZF wants to put it in a cage, but it depends on the constant profit it creates. That's how ironic the reality is.
This is the power of capital, although it is shallow, but it is enough to explain everything.
So if you really want to succeed, you have to rely on capital and rely on the big tree to enjoy the shade.
As a successful person, Arthur has long been convinced of this, because his success is the best embodiment of the power of capital.
Without a bank loan, as the first pot of gold, he really can't toss so quickly to make a big noise, whether it is the acquisition of coastal power plants, or listing, mergers and acquisitions of wind power plants, and the future energy layout, there is no way to leave the power of capital to boost.
"Boss, this is a detailed list of assets of the movie house cinema chain, we have sorted it out, this is the financial statements of last year and this year, and it has also been liquidated, as well as the construction plan of the two theaters... β
After Corinna's debriefing, Angela took out a folder and opened it, spread out the documents on the desk in front of Arthur, and explained them one by one.
"New theater?" Arthur picked up the plan, frowned slightly, and then shook his head and said, "The new plan should be suspended, and everything will be planned after the acquisition of the Odian Cinema Line." β
"Good boss. Angela nodded and took the plan, folded it, put it back in the folder, and continued to take out a document and put it in front of Arthur and said: "This is a personnel appointment, there are currently five theaters in a loss-making state, and we believe that it should be restaffed." There is also the candidate for the chief financial officer... β
"Hmmm... Arthur picked it up with a serious face and looked at it carefully, although he said that he would not interfere too much in the work of the movie house theater line, but he would not delegate the power of personnel appointments, especially the important appointment of the financial director, which must be his own people.
Although the so-called own people are only subordinates in his advisory group, it has only been established for less than half a year, and it is a bit of a joke to say that he is worthy of his trusted subordinates, but it is better than continuing to hire the financial director of the original cinema chain.
"Yes, it will be adjusted according to this candidate. β
As he spoke, Arthur picked up the pen, signed his name on the document, handed it back to Angela, and said with a smile: "It's okay to let them know that they need to work harder with a new boss, otherwise, they are likely to lose their jobs!"
Angela smiled slightly, put away the personnel appointment and dismissal documents, and then handed a folder to Arthur, and said: "This is the valuation of all the assets of the Odian Group, I think, if the boss doesn't want to spend all the cash in his hand, these may be useful." β
Arthur was stunned for a moment, looked at the smiling Angela, couldn't help but pat his forehead suddenly, and then smiled happily: "You mean using leveraged buyouts?"
"Yes, Oudian Group itself has more than 500 million debts, but with your current credit, it is not a problem to find a bank to support you in a leveraged acquisition of it, in the state of good profitability of the theater chain, as long as the capital chain continues, there will be no insolvency, and then use the profits to slowly repay the loan. Angela said with a smile.
"Hehe, this is indeed a good way, but the debt I carry is going to increase... Arthur couldn't help but laugh helplessly, but anyway, he didn't worry about having more debts, and he didn't bite if he had more lice, as long as he didn't go bankrupt personally, kept his private financial situation good, and always liked the icing on the cake, and the bank wouldn't turn his face against him.
"Debt is inevitable and not scary, the key is to be sustainable. Angela said with a smile, and then gave Arthur, the young boss, a detailed analysis of the interest burden and the sustainability of the debt. From the perspective of interest burden, debt sustainability and major assets and liabilities, it is believed that Arthur's current debt situation is safe and sustainable.
"Hehe, in that case, then contact Barclays and tell them that I have a good deal to bargain them for. Arthur smiled happily.
"Hehe... β
Both Angela and Corinna, who was listening silently on the sidelines, couldn't help but chuckle.
"Now that it's decided, let's deal with it as soon as possible, and try to finish all these things before I go to the United States, and I'll go to the United States with ease, where the big stage is still waiting for me to open!" Arthur squinted his eyes slightly and smiled meaningfully.
In the afternoon, Arthur took Angela and a group of advisers to the London headquarters of Barclays Bank as scheduled, and met the manager of the bank's credit department and the vice president of Barclays Bank David Wright in the conference room.
As good partners, after the two sides met and exchanged pleasantries for a while, everyone divided their seats, and Arthur went straight to the purpose of this appointment meeting without delay.
"Both, the purpose of my coming here this time is to ask, are you willing to continue to cooperate with me?"
David Wright, the vice president of Barclays Bank, reacted quickly, smiled at Arthur's handsome young face and said, "Your Excellency Boleyn, do you have a new goal?"
"Hehe, that's rightβ" Arthur nodded and smiled at David Rei, who was so quick to react, and reached out to Angela beside him, who immediately took out a stack of papers and handed them to Arthur.
"This is the list of assets of the Odian Group, and I want to buy it!" Arthur smiled as he handed the information to David Wright, and continued: "According to a report released by PricewaterhouseCoopers, a well-known accounting firm, the global entertainment and media market has reached $1.79 trillion. Over the next five years, PwC remains optimistic about whether the global media and entertainment industry will continue to be bullish.
It believes that the global media and entertainment industry will continue to expand in the next five years, but the overall growth rate may be lower than the growth rate of global GDP. However, the market growth rate in 26 regions, including the UK, will be higher than the global GDP growth rate.
The global media and entertainment industry is expected to grow at a CAGR of 4.4% over the next decade, while emerging markets such as A3, Nigeria and Egypt are expected to grow at a CAGR of 10% because the young population will be a key factor driving the rapid growth of the market. Young people tend to consume entertainment as well as media.
TV, movies, the Internet, and streaming media are all important components of the media and entertainment industry, and they are the main drivers of growth rates that will be higher than the growth rate of global GDP.
Although I don't want to admit it, the reality is that British films are undoubtedly in name only, and the British film market has long been occupied by Hollywood, but it is precisely because of this that the British cinema chain has been vigorously developed, because with the support of Hollywood, a film production factory, there will be no shortage of film sources, and if you do a good job in theaters, you can get at least half of the profits.
This is a good deal, just yesterday, I bought the studio cinema chain in a flash, and today I came here in the hope of getting your support to acquire the largest cinema chain in Europe, the Odian Group, and after that, I will continue to merge and acquire, so as to fulfill one of my dreams and form the world's largest cinema company!" Arthur bragged that he didn't pay taxes, and he was crazy about painting a big pie for the people at Barclays.
Looking at the shocked and surprised expressions of the people on the Barclays side, Arthur knew that he had basically succeeded.