Chapter 450: Money in your hands
With the words said, it's time to get down to business.
Both sides of the conversation involve large sums of money, so assistants will be present.
Jobs also knew the purpose of Zhang Bin's trip, so he didn't need more polite words.
"Our company is going to invest $2 billion to buy 30 million of your company's benefit shares, and if you agree to it, Steve, we can make a billion dollars as soon as possible, and another billion dollars a month later," Zhang said.
Jobs hesitated, two billion dollars and 30 million benefit stocks, in terms of price, he was a loss, but this matter cannot be seen only from this point.
First of all, an investment injection of $2 billion can attract some investors and can also have a good boost to the market, after all, buying 30 million shares at one time is a big deal.
Moreover, this is a critical period of financial crisis, and everyone is holding cash firmly in their hands and will not invest easily.
"Zhang, although 30 million shares is a lot, but this price is not enough for me to agree so quickly, and in addition, you have to delay it for a month", Jobs seemed a little reluctant.
Zhang Bin didn't care, and said with a smile: "Then how about I add another 20 million shares, 1.4 billion US dollars, I will buy another 20 million shares, so what?" ”
Now Jobs was a little moved, and bought another 20 million shares, so that a total of 50 million benefit shares were purchased at a price of 3.4 billion US dollars.
"Do you have any more requests?" Jobs was a little skeptical, he felt that this investment came a little strangely, the stock had not risen at this time, although Jobs himself was very confident in the next stock market, but could this young man be so optimistic about the development of their company?
Zhang Bin said with a smile: "Yes, it is a request, in fact, it is very simple, in a few days, our global investment company will hold a press conference, and we will invite you to attend, and we will also invite Mr. Gates and Mr. Buffett."
"Global investing?" Jobs read it and smiled, "Sorry, I don't think I've heard of it."
"Of course, it should be a newly established company, and Goldman Sachs and I myself are the majority shareholders of the company," Zhang said.
Jobs nodded, since it is a company that Goldman Sachs is interested in, it still has some strength.
Originally, he was still a little worried about Zhang Bin's strength, but now it seems that 3.4 billion is not a lie.
With the support of Gates and Goldman Sachs, I think this person still has some strength.
"If you can come up with 3.4 billion at once, I can grant you the request above," Mr. Jobs said.
Zhang Bin hesitated a little, and took out 3.4 billion at one time, which will definitely have an impact on his next investment.
He personally has $1.8 billion in futures, and if he can't take out $1.4 billion at once, he will hardly have much liquidity.
Paulson's investment will be up to $300 million in dividends at the end of the year, and according to the current trend of cooperation between the two sides, it is impossible for Zhang Bin to withdraw all the principal in a short period of time.
In this way, he will only have $700 million left in his operational funds next year, and even if he operates this month, he will have a maximum of $1 billion.
Zhang Bin calculated his capital at this time in his heart.
If you buy all the Apple shares, there are about 30 million shares, a total of 2.6 billion US dollars, and at the end of the year, there is a billion US dollars left, and Paulson's 1 billion US dollars principal, and Global Investment will see if it can reach 6 billion US dollars by the end of the year, so that he can have close to 3 billion.
In this way, his goal of $6 billion has been reached this year.
The key now is that if you give Apple so much cash at once, next year's plans will have an impact.
In the end, Zhang Bin and Jobs bargained and decided to enter the remaining $2 billion in advance, and then the remaining $1.4 billion a month later.
At present, only a preliminary agreement has been reached, and Jobs will personally travel to Washington to attend their press conference and sign a formal agreement at the conference.
Although these $3.4 billion is nothing for the total value of Apple, Apple's market value at this time is only $160 billion.
But at this time, 3.4 billion is tantamount to a booster for Apple, at the critical moment when the company's stock is facing an annual decline of more than 50%, the transaction of 50 million shares is tantamount to giving investors a lot of confidence, and may even directly end the decline and rise against the trend.
"Are you optimistic about the development of our company?" While eating, Jobs asked.
"I'm optimistic about you personally, if Apple doesn't have you, it's not worth my investment so much," Zhang Bin said.
This is true, without Jobs, Apple's potential has diminished a lot.
Apple's peak was in the year after Jobs' departure, the price per share once exceeded $700, and the market value exceeded $900 billion, but the good times did not last long, and in 14 years, into 15 years, Apple will usher in the largest decline.
As he left, Jobs said, "Thank you very much for your support, but I also hope that you will continue to support Apple."
Zhang Bin returned to Washington in the afternoon.
Stephen is back in Toronto, and he still has a lot of things to attend to.
He'll be back when the time comes for the press conference.
Ivor asked about the results of the negotiations between Zhang Bin and Jobs.
Two billion dollars in two parts, one for $1.2 billion and one for $800 million.
I heard that Zhang Bin spent $1.4 billion to buy 20 million shares, and everyone was blinded, which is simply a big gamble.
Of course, it's a big gamble, if you don't gamble at this time, you won't have such a good chance in the future.
Even if it does not appreciate, according to the equity interest rate, the profit of a stock is three US dollars, and he can also harvest 100 million US dollars a year, plus 150 million US dollars in the global company, even if he does not invest in the future, it is enough to eat dividends every year.
It's not much, but it's better than nothing.
In a few years, this money can also rise several times.
The next day, Zhang Bin called O'Neill in front of him and asked about the situation of FedEx.
Tom and O'Neal come forward, of course, the results are not the same, because the backstage is different, and people's attitude towards you will be different.
O'Neill said FedEx had largely agreed to their request for a stake, but not more than 20 percent.
"Isn't that specific?" Zhang Bin asked.
O'Neill said: "Schweider wanted us to pay two billion dollars and only own 20 percent of the shares, but I refused, and I gave two billion 25 percent of the shares, and he is still considering it."
According to the situation of FedEx at this time, it can be said that it is much worse than Apple, and the stock has to fall until April next year.
But they are also understandably cautious because they are also worried about hostile takeovers.
Zhang Bin thought about it for a while, today is already the sixth, and there is not much time.
"You tell Shi Weide that if you are willing to reach this investment project, you can come to Washington, and we can talk face-to-face, if not, then forget it, we have money, anyone can invest," Zhang said.
Now is the initial stage of the outbreak of the financial crisis, whoever has money in his hands is the boss, if the news is released, they have money in their hands, and there are many companies that want them to invest, so Zhang Bin is not begging to invest in FedEx at this time, but FedEx is begging them to invest, if it is not for strategic considerations, Zhang Bin will not spend so much thought on FedEx.