Chapter 599: Selling Twice Concept
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In fact, at the beginning of the year, the listing of Fan's iron ore company, which he referred to as Fantesi Heavy Metals Western Australia, has been successfully completed, and more than $4 billion of funds have been raised in the market, but now it seems that the use of funds is still a bit beyond their means.
The most critical problem is that Fan's Investment Group has emptied a large part of the funds through various means, and turned to the stock futures market to make profits, and has purchased a lot of real estate in Sydney for investment, so now Fantesi Company plans to carry out additional issuance and continue to raise some funds for the later construction of the mine.
However, for listed companies, the additional issuance is also a double-edged sword, which may not only raise funds for themselves, but also may cause investors to be extremely distrustful of the company, so that no one responds to the additional issuance, and eventually leads to investors voting with their feet and the failure of the additional issuance, which has been precedent before.
Because investors are not stupid, they know very well that if the company expands without restrictions, its purpose is obviously to make money, but everyone needs to understand whether the company's future performance is enough to support the additional issuance, if the unlimited additional issuance is not supported by performance, it can only bring the consequences of the stock price plummeting.
Unless, behind the scenes, there is a driving force that can make the company's profitability grow strongly to promote the additional issuance, but this kind of thing is often inside information, and it is difficult for ordinary investors to get it in the first time.
WA Premier Hobbit will. Worried that Fan Wu's illness will come, it is worried that his unlimited additional issuance will bring down the Fantesi company, and when the time comes, the investors will make a profit, pat their butts and leave, leaving a mess to throw here, which will greatly hit his prestige, leaving him with a bunch of investors who protest against claims all day long to make trouble outside the state government.
Fan Wuxian naturally has a solution to him. The solution is Jiangnan Province's second procurement plan for Fantesi, which will increase the purchase of high-quality iron ore by 40 million tons per year.
The steel smelting industry in Jiangnan Province is very important for. The demand for imported iron ore is still very large, before at the beginning of the year, Suo signed an annual purchase and sales contract of 20 million tons, just a good news to promote the listing of Fantesi, the output of 20 million tons, can not make Fantesi stand on an equal footing with Rio Tinto and Bibito company, but only shows that Fantesi company has opened a gap in the Chinese mainland market, and the future development prospects are very good.
But now this time it's different, this time it's signed every year. The increase in the purchase of 40 million tons of high-quality iron ore can be said to directly force Fantesi to expand its production capacity by at least three times, which gives the company sufficient reason to find funds to rapidly expand its production line.
Since the product is produced, there is no need to worry about sales, so stocks. It is a matter of course to achieve capacity expansion through additional issuance, and the five-year purchase and sale contract is enough to ensure that the interests of investors are not harmed.
Governor Hobbit learned about Van Wai's refinancing plan. As long as Fantesi continues to develop iron ore in Western Australia, it will bring great benefits to the state government, and it will make its political achievements more dazzling, and support itself to stand out in the next prime minister's election and win a place.
As for saying this. Is there an element of malicious money, Hobbit believes there should be, otherwise the four billion Australian dollars raised by the previous issuance of new shares would not have been able to make ends meet so quickly?
Although the company has been carrying out the construction of railways and ports, and has also invested heavily in the construction of mines and ore selection yards, and the purchase of various large-scale mining equipment, everyone knows that although these projects are costly, it is impossible to consume all the funds raised.
However, Fan Wuxian issued additional shares this time, but the proportion is not high, only about 10% of the total share capital, and the expectation is to raise one billion Australian dollars.
The reason why there are not too many additional shares, in fact, there is also some consideration, the issue of additional shares, not only to obtain a certain amount of cash flow, often can also play a role in improving the stock price, once everyone finds that the prognosis of Fantesi is good, and the number of additional shares is not much, you will realize that this is a rare opportunity, since new shares are hard to find, then you can only continue to collect tradable shares in the market.
Although it is now a situation where Internet stocks dominate the world, but because of the introduction of the Chinese concept, the additional issuance of shares of Fantesi Company is carried out relatively smoothly, whether it is Australians, or foreign investors who have certain strength in the Australian capital market, they attach great importance to Fantesi Company, which occupies most of the share of the iron ore import market in Chinese mainland, and believes that if China's reform and opening up policy can continue to be implemented, the profitability of Fantesi Company will not be a problem. After all, the demand for iron ore in the Chinese market is increasing.
As the only way for a country to enter the developed world, steel production is still the top priority, and the lack of high-quality iron ore resources in Chinese mainland will inevitably lead to the continuous expansion of iron ore import demand.
Especially this time, the news that Fan Wuxian went to Sydney to meet with the Governor of Western Australia Hobbit has been spread, and some people have also received rumors that Fan Tessi Company is about to obtain two huge orders in Jiangnan Province, and some people have also heard that Fan Heng, the governor of Jiangnan Province, is the father of Fan Wuxi, the behind-the-scenes boss of Fan Tessi Company.
In two trading days, the price of Fantesi's stock rose by 15 percentage points, and the trading volume also increased suddenly, obviously there are strong funds that fancy the future prospects of Fantesi, so they entered the layout in advance with a very tough attitude.
Fan Wuxian is optimistic about this, since the existing stock price has increased, then when the additional issuance, the issue price will naturally increase accordingly, which is very beneficial.
Before leaving, Hobbit left his assistant, that is, the Chinese girl, Miss Yang Huiling, and asked her to accompany Fan Wuxian to visit the scenery of Sydney.
Fan Wuxian has no objection to this, because his understanding of Sydney is also very simple, the last time he came here, he was just passing by in a hurry, such as the opera house in Sydney, not to mention any other scenery.
In fact, Fan Wuxian also doesn't know what else to see in Sydney.
Yang Huiling is a few years older than Fan Wuxian, and the whole person looks more lively, probably often serving as an assistant tour guide, so when leading Fan Wuxian and his entourage to tour, she looks very comfortable, with a Taiwanese Chinese style voice, so that Fan Wuxian naturally thinks of the heroines in Qiong Yao's TV series.
"The Sydney Tower was built in 1968, that is, in the 57th year of the Republic of China, and the 230-meter-high tubular tower is made up of 46 pipes with a length of 5 meters, a diameter of 6.7 meters, and a weight of 32 tons. The exterior of the pipe is connected to the ground building by fifty-six steel cables. Each cable weighs seven tonnes and is made of two hundred and thirty-five strands of seven millimetres of wire. The total length of the steel cable can reach 170 kilometers. Yang Huiling habitually pulled her long hair behind her shoulders with her hands, and then tilted her head slightly to introduce the tower to Fan Wuxian and the others.
Sydney Tower is located in the center of Sydney, 304.8 meters high, is the tallest building in Australia, and is known as the three major landmark buildings in Sydney along with the Sydney Opera House and the Sydney Harbour Bridge.
The Sydney Tower is a multi-purpose building with a golden yellow exterior that looks particularly spectacular in the sun. The tower of the Sydney Tower is a nine-storey cone, with two revolving restaurants on the first and second floors, each with more than 200 seats, and because the seats are limited, you must make a reservation in advance if you want to eat here.
The third and fourth floors of the tower are observation decks. The observation deck is surrounded by large blocks of glass and protected by a thick iron grille. The view from the window is unobstructed in view of the entire city of Sydney.
The observation deck is equipped with high-powered telescopes that allow visitors to take in the surrounding scenery for 70 kilometers. There is also a TV video showing the construction of the Tower of Sydney and the history of the city's development.
The Sydney Tower is also well-designed to withstand strong winds and strong earthquakes. On the seventh floor of the tower, there is a fire room with a capacity of 160,000 liters, and the water vents connected to it are scattered throughout the tower. There is also an emergency exit to the main street, so in the event of a fire, people can escape along the safety staircase.
For safety reasons, visitors to the Sydney Tower are subject to the necessary checks at the entrance, and smoking is prohibited in the tower.
Fan Wuxian listened to Yang Huiling's introduction, and said with a smile, "Miss Yang, in the future, you only need to say how many years of the West Yuan, and don't convert how many years this Republic of China is, anyway, we are not familiar with this, so there is really no need to bother with it." ”
Yang Huiling was a little embarrassed when she heard this, and said embarrassedly, "I'm sorry, I forgot that you are mainlanders." ”
Fan Wuxian smiled slightly, didn't say anything more, and after walking around the Sydney Tower, the group went to a revolving restaurant near the Sydney Tower to eat.
It is a cylindrical building, more than 180 meters high, said to be the world's tallest skyscraper made of lightweight cement, the revolving restaurant has a unique design, its turntable diameter is 43 meters, the total weight is 100 tons, and it can receive more than 300 guests at the same time. It takes more than an hour for each turn of the restaurant. You can dine here while enjoying the cityscape of Sydney through the glass windows.
Yang Huiling booked a seat here in advance, it was near the floor-to-ceiling window, and after the meal was delivered, Fan Wuxian found that it was a very ordinary Taiwanese meal, and couldn't help but feel a little strange, could it be that the old Hobbit didn't give Yang Huiling activity funds?
However, Yang Huiling explained to Fan Wuxi, "A Taiwanese chef here is a friend of mine, and the Taiwanese food he cooks is very delicious, so I ordered one myself for everyone to taste, which is my treat." ”
Fan Wuxi nodded, so it was Yang Huiling's own treat, and it was natural to order this kind of Taiwanese-style meal, so everyone tried it, and sure enough, they felt that there was a different flavor, after all, the two sides of the strait have the same ancestry, and they have more sense of identity in eating habits, if it is a change to Western food, Fan Wuxi may not be so interested.
"Has Miss Yang been working for the WA government?" Fan Wuxi drank a glass of liquor brewed in Taiwan, felt a little spicy, but the taste was different from that in the mainland, smashed his mouth, and asked with some curiosity.
Yang Huiling shook her head and replied, "No, I have only been in Australia for two years, mainly studying interior design here, but because I have had more contact with Chinese businessmen in Australia recently, I was invited by them to act as a translator, and by the way, I will point out their habits about Chinese people or something, which can be regarded as a part-time job." ”
In recent years, there has been more and more exchanges between Australia and Chinese, so translators who are familiar with both Australia and Chinese are more popular, especially those who have a certain understanding of the customs of both sides, and they are very important in various business negotiations or entertainment.
Yang Huiling also encountered this kind of good luck, so she started a part-time job, according to herself, the monthly salary is fixed at 5,000 Australian dollars, if you work overtime temporarily or something, there is additional income, which is quite good.
"In fact, if it is possible, it is not bad to stay here for a long time, after all, it is difficult to have such a high salary when you return to Taiwan." Yang Huiling said to Fan Wuxian with a smile.
Fan Wuxian thought of a question, so he said to her very seriously, "Well, in fact, our initial plan here has just begun, if you are interested, you can join our company, after all, we also need translation talents who are more familiar with the Australian government." ”
He didn't think of it casually, after the domestic employees came to Australia, they found that the office efficiency here was very low, probably affected by the primitive atmosphere, the efficiency of the local government was very low, and a thing often dragged on for a long time.
"Then I'm asking for double my salary." Yang Huiling's job in the WA government is only part-time, so when Fan Wuxian mentions this, she seems to be happy.
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