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Wright glanced at Li Chong and whispered, "I know a little bit about this situation, my uncle called me before and said that now is the time for big capital with rich foundation to expand, and JPMorgan Chase is obviously one of the leaders of these big capital, and they now need cash to ensure the reliability of merging other companies."
Li nodded and didn't say anything, anyway, he didn't pay for it, Wright saw Li nodded and said, "Okay, then how much cash can you take out and what company's stocks?" ”
Louis looked at it, his heart suddenly breathed a sigh of relief, 300 million cash JPMorgan Chase is still very easy to take out, but JPMorgan Chase is now actively selling stocks, with the advent of the financial crisis, the price of stocks has begun to accelerate the fall, some stocks invested in high positions must be cleared to avoid risks, at this time even if it is a good company, the stock price will be killed by mistake with the trend of the market, and now it is sold until the low level and then picked it up, and the back and forth difference is very attractive.
So he can exchange some stocks that are about to fall for cash, Louis thinks this matter is very cost-effective, but he can't go too far, he still has to come up with some high-quality stocks, otherwise Wright, an insider, will not accept it.
"Two options, one is $50 million in cash plus $200 million in HP stock and $100 million in Dell stock; The other option is $70 million in cash plus $200 million in Microsoft stock and $50 million in Apple stock. Luis threw out his plan.
In addition to Apple, the remaining three names are very familiar to Li Chong, HP and Dell are the world's first and second largest computer manufacturers, Microsoft is the world's largest supplier of desktop processing systems, and Bill Gates is the richest man in the world. As for Apple, Li Zhong just understands that its player is good, and Apple can compare with these big companies?
Li Zhong doesn't know about Apple, but Wright understands that last year Apple unexpectedly released a new definition of mobile phone products, and in just three months, Apple became the world's third largest mobile phone manufacturer, and the profit was very amazing, reaching a rate of one million dollars a day.
Wright explained to Li Zhong in a whisper, it seems that the price given by Louis is very sincere, in terms of the value of the stock, even if it is an economic crisis, it is estimated that it will be worth 200 million US dollars, and the first option is worth more.
Li Zhong is also calculating in his heart, first of all, this cash is definitely not enough, if it is really worth 300 million US dollars, he and Wright are 150 million US dollars per person, the cash is 50 million US dollars per person, and the stock is worth 100 million US dollars per person, this is the dividend contract signed with Wright, anyway, the money is for nothing, and Li Chong is not distressed.
Now I don't give enough $100 million, so I have to get $100 million in cash, and as for stocks, Li Chongxin has other thoughts, "Mr. Louis, I have two questions, the first is that I need $100 million in cash, and as for the stocks, can I exchange them for other companies?" Li Zhong said suddenly.
Louis looked at Li Chong differently, since Li Chong met Wright, it was basically Wright who said, Li Chong was listening, and now Li Chong actually put forward his opinion. "Steven, there's no problem with cash, stocks, it's negotiable, what company shares do you want, but it's limited to the authority I can use, because after all, there are some I can't do." Louis kept an eye on it, because if Lee was important to JPMorgan Chase, or Berkshire Hathaway, he couldn't call the shots.
Wright also can't bear what Li Zhong wants to do, the quality of these stocks is very good, it is usually difficult to get so much, and JPMorgan Chase will definitely discount it to them, they will make a lot of money, especially Apple's stocks, he has always been more optimistic, and the other parts of the money that did not buy CDS basically bought Apple shares.
"Mr. Louis, of course I won't make some unreasonable demands, but you should also know that I am a Korean, and it seems to me that only a country that I am familiar with can make me feel at ease, so I would like to ask if you have some shares of Korean companies in your hands?" Li Zhong slowly said some of his thoughts.
Louis looked at Li Chong, he really didn't understand what Li Chong thought, the plans given by Louis are all stocks of first-class companies, such as Microsoft and Apple are the coveted targets of some large institutions, and they can get so much at one time, every institution will be happy, but Li Chong wants the shares of Korean companies, and now at this stage, the stock markets of some affiliated countries of the United States have fallen undecently, such as South Korea, Indonesia, and Malaysia are the hardest hit areas. JPMorgan Chase has a number of stocks in South Korean companies, but they have fallen a little badly.
However, Louis also understands Lee, after all, he is not an American, it is impossible to live in the United States for a long time, and it is also a smart person to ask for some shares of local Korean companies.
"Since you want the shares of Korean companies, then I will tell you some of the stocks, Samsung Electronics stocks, Hyundai Group shares, SK Group shares, LG Group shares, and some other small groups, such as CJ, POSCO, Nongshim, etc., ......." Luis turned on the computer next to him and said to Li Chong.
The shares of these large conglomerates were sold to Wall Street consortia at very low prices during the '97 financial crisis, which brought them a steady stream of huge profits over the years. It's nothing to take out some now.
"If I were to choose Samsung Electronics, how many shares would I get?" How many shares can I get if I choose a small group? Li Chong's heart moved when he heard Xijie, this was exactly what he wanted.
Louis said with a look on his face that I know you want Samsung, "Samsung Electronics' current market value is $65 billion, but now that the financial crisis is present, I don't dare to guarantee what kind of Cheng Dù it will fall in the future, so I can give you 0.2% of Samsung shares for $100 million." As for other small groups, as long as the market capitalization is less than $10 billion, I will give you 2% of the shares at $100 million. ”
Lee thought about it for a while, and then said to Wright. "We want $100 million in cash, plus $100 million in C&J stock, and as for the remaining $100 million, you can do it yourself, and my goal is that $100 million C&J stock."
Wright nodded thoughtfully, "Mr. Louis, we have decided, we need $100 million in cash, $100 million in shares of the C&G Group, $50 million in Apple stock and $50 million in Amazon stock. ”
After all, Wright still has a lot of feelings for the Internet, so since Li Chong has changed his stocks, he will also change them, he knows that except for what Li Chong wants, the rest is his own, and of course he has to fight for it.
Louis is also a little painful, although Amazon has been losing money, but the concept of Internet e-commerce is too valuable, and it has always supported its high price-earnings ratio, which is one of the best investment targets in the future, not to mention Apple. As for the important Xijie Group, Louis had no concept at all, and it was all bought in a swarm of packs, and it didn't cost much dollars anyway.
But since we can save this money and launch some stocks, these small losses are worth it, "Okay, then let's sign the contract, I'll ask the secretary to print the contract." Luis was quick to agree to Wright's offer to trade.
The next step was to negotiate the contract between Wright and Louis, and finally, at 15:35 p.m., Lee authorized Wright to transfer the CDS, which was already worth $220 million, to Louis. They got $100 million in cash, 360,000 shares of Apple stock, 720,000 shares of Amazon stock and 3% of Cigay stock.
"Steven, happy trading!" Louis was relieved to see that the CDS had finally returned to JPMorgan Chase.
"Luis, it's actually me who took advantage, it's a lot." Li Zhong was a little embarrassed, now the market value of Xijie Group is $8 billion, and Louis gave him 3% of the original shares, without any dilution, worth more than $240 million, no matter how much it falls, it will not be less than $100 million.
"Hehe, of course I have to express myself in such a hurry to summon you from the far east." Louis was in a pretty good mood.
After a few more words, Louis hurried out, he went to report to the president, after all, he had completed a very difficult task, and he was the head of the investment department, and now this time is also his busiest time.
JPMorgan Chase staff escorted Lee and Wright out of the building, and Wright asked where Lee lived and said, "I'll go find Larry's dad first, and then I'll look for you in the evening." ”
"Larry? What are you looking for him? He called me in the second half of last night, and I went to him to settle the score! Li Chong was also in a very good mood at this time, he got a lot of dollars for no reason, and 3% of the shares of Xijie Group fell into the bag, and he felt that he should thank this mascot-like uncle.