Chapter 48 Objects of Investment
“…… Sure enough, it is Morgan, a huge rich man who can leave his name in American history. ”
Leaning back in Aurora's comfortable chair, John had long lost the initial vigilance and anger in his heart, but instead had a hint of admiration for Morgan who tried to get his hands on Heinz Pharmaceutical.
That guy seems to have a nose that is allergic to money by nature.
One million dollars is really not a lot in the 21st century, even in China, the imperial capital and the magic capital can make up this amount by any resident of the imperial capital and the magic capital by selling a house, but in 1888, one million dollars was definitely an astronomical amount! You must know that the two ironclad ships Dingyuan and Zhiyuan ordered by the Qing government from Germany in this year cost only more than one million US dollars. But in the midst of a private conversation, Morgan offered a million dollars in an understatement tone to buy 20% of the shares of Heinz Pharmaceuticals – not counting the European Heinz Pharmaceuticals and just a New York subsidiary!
This kind of courage can't help but be admired.
Heinz Pharmaceuticals has been hugely successful in Europe, with huge annual profits, but is still in its infancy in North America, and Morgan's price means that he thinks aspirin, sulfonamides, and two local anesthetics are worth as much as $5 million, and only in the Americas......
"Boom ......"
Henry skillfully stepped on the accelerator, and the aurora started slowly.
"Actually, it's not bad to sell him some shares."
After the car drove more than a hundred meters, old Huntelaar said with a smile: "If you are a partner, I think Mr. Morgan should be very reassuring, otherwise there would not be so many people willing to gather around him." ”
"Well, that's right."
After listening to old Huntelaar's words, John couldn't help but nod his head.
In John's memories of his last life. This Mr. Morgan seemed to be a figure that made him feel strange. In the late 19th and early 20th centuries, among the three most famous giants in the United States, Rockefeller was the richest, and Carnegie was also rich, but Morgan controlled the huge industry, and finally even bought Carnegie's steel company and the Rockefeller family's mines, but his personal assets were the least. It is said that his personal fortune at the time of his death was only tens of millions of dollars. It's a far cry from Rockefeller and others.
Perhaps for him, control is more important than wealth.
But......
After smiling slightly, John still shook his head and said, "No, grandpa, it is impossible for me to let Morgan interfere with Heinz Pharmaceutical." In fact, Heinz Pharmaceutical Company will not sell any more shares to anyone except for the European branch, which has Mr. Brister's shares, unless the shares are issued at the right time in the future! ”
"What? Are you serious? ”
Old Huntelaar was stunned when he heard this, and his brows suddenly furrowed.
All the time. Old Huntelaar felt that John was not a conservative man, even though he grew up in that old country. Whether it is General Motors in Europe or New York Power in North America, John has no intention of refusing capital intervention, but just wants to pick a better time. And in the old Huntelaar's mind, General Motors and New York Electric Power are more promising than Heinz Pharmaceuticals.
That's why after listening to John's words, old Huntelaar was so surprised.
In the old man's opinion, although the development of Heinz Pharmaceutical Company is very good now. Every year, there are huge profits, but that's mainly because of a few drugs that perform well and have no competitors. Once a drug patent expires or a competitor emerges, that good time is gone. And in this era, I am afraid that any large enterprise cannot refuse the entry of capital, otherwise it can only gradually decline......
Of course, old Huntelaar didn't know that none of this was ever a problem for John.
Although it is because the patent law is not perfect. Coupled with the vicious competition between countries, it is not realistic to maintain an advantage for a long time in this era. Historically, for example, the Aspirin War is a prime example. But John's current technology is far ahead of the times, except for aspirin, several other drugs can not be imitated if they want to. At least in John's opinion. Ten years dare not say, five or six years of advantage can still be maintained.
As for five or six years from now......
John's head is full of formulas!
And don't forget, John's biggest advantage after his rebirth is not those molecular formulas, but the modern medical concepts and technologies that have been ahead of the curve for more than a hundred years! With these ideas and techniques, John will eventually establish an unbreakable position in the medical industry, and the power of the combination of the two is simply not something that any capital force can resist, even if the other party is Morgan or Rockefeller......
Therefore, in response to the old Huntelaar's question, John smiled slightly: "Yes, grandfather, I am serious. In fact, in the future, on the basis of retaining the controlling stake, I will continue to dilute the shares in my hands, but not to sell to other investors, but to give them away! ”
"Gift?!"
After hearing this, old Huntelaar was completely stunned, and after a while he glared and asked, "Who is it that is worthy of you to give away shares of Heinz Pharmaceutical Company?" ”
"Two kinds of people! There are only two kinds of people! ”
Stretching out the index finger and middle finger of his right hand, John said lightly: "One is an excellent manager who can help me manage the company well, and the other is a scientist who can continue to help the company develop new drugs......
……
"It's a pity, it's a pity!"
Looking at the distant aurora, Morgan's face was full of regret.
"Sir, I don't quite understand!"
Blinking, the young man next to Morgan said with a blank face: "A million dollars, only ask for two percent of the shares?" This...... Is this Heinz pharmaceutical company really worth that much money? ”
"Is it worth it?"
With a chuckle, Morgan said indifferently: "I'm willing to spend money to buy it, and that Mr. Huntelaar didn't even have to think about it, he directly rejected this request, do you say it's worth it?" ”
"But ......"
The young man swallowed hard and said with difficulty: "Sir, I have investigated that company on your orders, but it is just a factory that has just been built, and there are some machines and unskilled workers, and all the assets add up to only 200,000 US dollars......
"Are you counting those drugs?"
Before the young man could finish, Morgan interrupted.
"Nope."
Shaking his head, the young man said calmly: "But I have considered that although these are very popular drugs, especially sulfonamides and two local anesthetics, there are no competitors in the market at present, but considering their expensive prices, if it is only the American market, I am afraid it will not be particularly large!" ”
"Hmm."
Hearing this, Morgan nodded noncommittally.
Aspirin is okay, sulfonamides and two local anesthetics are really too expensive. As a successful businessman, Morgan is certainly well aware of this, and it is not easy for the average American to have the income to use these two drugs.
As if he felt that he had been approved by Morgan, the young man was shaken, and continued: "The Heinz pharmaceutical company in Europe was built earlier, larger, and more efficient, and I guess Mr. Huntelaar has no intention of letting the New York factory compete with other countries, if other companies develop new production processes in the future......"
"Huh."
Hearing this, Morgan finally chuckled softly.
"Uh......"
The laughter came suddenly, and the young man was slightly stunned, and he was confused.
Under the blank gaze of the young man, Morgan shook his head and smiled: "What you said seems to make a lot of sense, but unfortunately, investing is not a simple arithmetic problem. You calculated the value of that company now, and even the possibilities of the future, but you still didn't look far enough ahead, and you forgot to calculate the young Mr. Huntelaar! ”
"Him?"
The young man's eyes widened and he asked in surprise.
Nodding, Morgan said leisurely: "To be precise, you have considered the wrong object of my investment, maybe the Heinz Pharmaceutical Company in New York is not worth five million now, but I am not investing in it, but the young man!" Hehe, investing in him is much more valuable than investing in any pharmaceutical company......" (to be continued......