Chapter 729: Sorting out assets

……

"What are you laughing at?"

When a woman is pregnant, the first child is always cautious and follows the book, for fear that she will do something wrong. When you wait until the second child, you have experience, and you don't care about anything. ”

"Really?"

"You'll know when we have our second child. ”

"Maybe. But for every child, I will give them the same love. ”

Looking at her determined expression, Guo Shouyun smiled and nodded, and his eyes were once again focused on her bulging belly.

"Wendy, I've already thought of my son's name. ”

With Guo Shouyun's energy, it is naturally easy to figure out the gender of his child.

"Really?" Wendy's eyes lit up.

"William, William Solo Guo. His name is Guo Ruishan. Guo Shouyun nodded and said.

"William Solo Guo?"

"Do you like it?"

Wendy nodded, "Little William must be as good a man as his father in the future!"

"In the future, we will train him to be a good man!"

"Hmm!"

The night was spent in the two snuggling up to each other and chatting warmly.

The next day, after playing with the two children for a while, and watching them reluctantly be taken to early education by the teacher, Guo Shouyun packed up and came to the Hanshan Courtyard.

This is his real place of office rather than his home.

Stephen Bryan, who lives here, got up early. After Guo Shouyun arrived, after exercising, he also found him after breakfast.

"When are you going back to New York?"

"Tomorrow!" After a pause, Stephen continued, "Bruce, there's something I'd like to discuss with you. ”

"What's the matter?"

"BlackBerry is doing well, although in the long run there is no longer any value in continuing to hold. But at least from the perspective of the current mobile phone industry pattern, it is indeed a high-quality asset. If you cash out all of them, it will take a long time and you will not be able to get the highest return. So I thought we could be flexible and sell our shares in their entirety and still get a part of the premium. ”

Guo Shouyun was interested, "If you can, of course this is a good choice." However, now the market value of BlackBerry mobile phones is more than 20 billion US dollars, and if we hold a premium for the shares, it will be at least 135~15 billion US dollars, and such a large amount of money is not something that a small company can come up with. Even equity investment funds such as Blackstone and Carlyle may not be able to come up with so much money. ”

"Of course it's not financial institutions like Blackstone, Carlyle, Goldman Sachs, these guys are all masters of negotiations, and we don't get too high a premium. ”

Guo Shouyun nodded in agreement, "Then who do you want to sell to?"

"Microsoft or Cisco!"

"Microsoft and Cisco?"

"At last year's annual meeting of entrepreneurs on Wall Street, Microsoft CEO Steve Ballmer asked me about the possibility of Microsoft buying BlackBerry, but I turned it down. As for Cisco, its CEO John Chambers has been considering expanding the company's revenue channels by expanding new businesses and reversing the wounds caused by the Nasdaq crisis, and the rapid development of BlackBerry is a huge temptation for them. ”

“… Of course, there are other options. But now it seems that Microsoft and Cisco are the best fit. They have enough interest and liquidity to complete the acquisition. ”

"If you think it's appropriate, do it. Guo Shouyun nodded after a brief moment's consideration, "I'm afraid that after Apple's new mobile phone is exposed, we will face legal action." ”

"It's none of our business. It is they themselves who cannot adapt to the new changes in the industry. Even if it is a lawsuit, the court will not accept it. Stephen Bryan shrugged.

An investment banker by training, his interests have always been his top priority, and Microsoft and Cisco are not Phoenix customers.

Guo Shouyun smiled, he didn't care either. In their current position, Bill Gates and John Chambers pose no threat.

"By the way, what are we going to do with the money from the sale of BlackBerry?" asked Stephen Bryan.

"You haven't thought about it?"

"Of course I thought about it. But your return on investment is significantly higher than my own, and the BlackBerry is the best example of this. So why don't I go to the consultation when I have a better option?" said Stephen of course.

"Okay!"

Guo Shouyun nodded, and after thinking for a moment, "In addition to Blackberry, Phoenix's equity investment is mainly concentrated in the pharmaceutical industry, the technology industry and the food industry. Among them, Gilead Sciences 14.8%, Amgen 12.9%, Qualcomm 16.8%, Intel 4.5%, Broadcom 5.9%, Nvidia 14.8%, AMD 11.4%, TSMC 3.4%, Starbucks 5.4%, Oracle 3.4%, InBev 15.7%. In order to facilitate our management, it is not easy to invest in too many companies, nor should they be too dispersed. ”

"So my idea is to increase our holdings in Broadcom, TSMC, Starbucks and Oracle after selling our stakes in BlackBerry and Intel and AMD to increase our stake to more than 10 percent. Increase Phoenix Bank's influence on its board of directors. ”

Guo Shouyun didn't say anything about the Internet, because the real Internet giants had already been taken into his pocket. The remaining Tomato.com, Owl, etc. have also become the key investment targets of the Phoenix Venture Capital Department, that is, VC, and there is no need for equity investment.

Stephen Bryan nodded, "I think we should also choose one of Sharp, Epson, and Samsung Electronics to invest." As the world's main supplier of mobile phone panels, each of them has a market share of more than 10% in the international market. If Apple's new phone is launched, the demand for mobile phone panels will undoubtedly rise sharply, which in turn will drive the stock prices of these three companies higher. ”

Looking at his serious expression, Guo Shouyun realized that Apple's new mobile phone really gave Stephen Bryan a huge shock. Let him begin to consciously plan ahead in this regard.

"Although Sharp, Epson and Samsung all produce panels, Sharp's main business is home appliances, Epson is office equipment, and only Samsung's main business is semiconductors. So we went for Samsung. ”

Stephen Bryan nodded.

"Gilead Sciences, Amgen, Qualcomm, Broadcom, Nvidia, TSMC, Starbucks, Oracle, InBev and Samsung, two pharmaceutical companies, six technology companies, two food companies, these ten companies are the focus of Phoenix Group's equity investment in the future. ”

Although there are only ten companies, if the investment is completed, the assets under management of Phoenix Bank's PE division will exceed $90 billion. Of these, 33.2% are owned assets of Phoenix Bank, which can be counted as its core capital. 8)