Chapter 537 Afterglow of Prosperity (2)
Representatives of the Rothschilds soon arrived in Siberia. Pen, fun, pavilion www. biquge。 info
Despite the fact that the Russian Empire was in flux and the Rothschilds refused to do business with Russia, they were willing to deign to come to the territory of the Russian Empire for the sake of oil, of course, not by a member of the Rothschilds, but by one of their partners, Sir Sassoon the Cripple of the Sassoon Bank.
Of course, Sassoon was also a Jew, but as a guest of Yang Chao, the Russian government naturally could not expel him.
The host of the Sassoon family in Shanghai was a cripple, and he himself did not shy away from this, because it was an honor, and his leg was broken by the Germans when he entered the war in Europe, for the British Empire, for the British King, for which he also received the title of knight.
"Do you really think the form is that serious?"
The cripple Sassoon was very concerned about Yang Chao's attitude, and as soon as he put down his extravagant cane studded with large diamonds, he immediately asked.
Having dealt with Yang Chao a lot in Shanghai, the Sassoon family deeply saw Yang Chao's methods, so they had long since stopped the idea of fighting against Yang Chao, although they still retained a lot of shares in HSBC, but they had given up control of HSBC and handed over HSBC to Yangzi Bank, and they jointly established Sassoon Bank with the Rothschild family.
"It's serious, so we're going to have to deal with it with all our might, and I think you're pretty well aware."
Yang Chao said that there is no need to hide Sassoon, and they can't hide it, in fact, they have also made reserves, and they have enough gold and silver currency and bonds that can be sold at any time.
Of course, they are not as strong as Yang Chao, and even oil has to be sold off.
Sassoon nodded: "So how much do you think the shares in your hands are worth?" ”
Now that the Middle East's oil production has exceeded 500 million barrels, it is able to compete with the United States, not only monopolizing the Chinese market, but also sharing oil with the United States in Europe.
And of course, understand the value.
Yang Chao smiled: "How much do you think is appropriate?" ”
Sassoon frowned: "I'm afraid no one can afford it, so we plan to sell it separately, and if you want, we are willing to buy the equity in your hands for $5 billion." It is then offered to the public on the London market. ”
The Middle East Oil Company is not a joint-stock company, because this kind of trading does not need to rely on public capital, it is an industry in which bankers take money and ask you to borrow, and there is no shortage of money at all.
Yang Chao shook his head: "No." I don't want the shares to be bought by the public. To be honest, I don't want to sell these shares, and I won't bargain with you for the 5 billion bid, but I ask to keep the right to buy back. ”
The bid of 5 billion is quite reliable, Westerners are different from Easterners, they don't pay attention to the sky-high asking price to pay back on the spot, if the bid is too outrageous, it will be regarded as unprofessional or insincere, which is the characteristic of low-context culture, the efficiency is very high, and they don't know how to beat around the bush.
Yang Chao can share about 400 million profits in Middle East oil sales every year, and the price-earnings ratio of 12.5 times is a little lower, but not too low.
But the buy-back right still made Sassoon hesitate.
"And what about your buyback price?"
Yang Chao holds 30% of the shares, and with the current prospects of Middle East oil, it is likely to reach a profit of more than 1 billion in the next few years, and it will not be 5 billion to buy at that time.
Yang Chao smiled: "I understand, I only ask for one power, as for how much money can be bought, let a professional appraisal agency evaluate it." But I ask for that right to be retained, and if the British want to sell their shares in Middle Eastern Oil, I ask for priority, and they have to give me at least 30% of the shares. ”
Sassoon understood, calculated in his heart, and felt that it would not affect them, at least the trading method might have to change, and it could not be directly sold in the London market, so it would be difficult to take it back.
"I think the Rothschilds can still do it, congratulations on our happy cooperation."
There weren't too many back-and-forths to Sassoon's regret, but it was a good deal.
Although you can't sell shares publicly, it's not so difficult to get 5 billion, you can't sell stocks, you can still sell bonds, and you can issue $5 billion in bonds in London in the name of Anglo-Polish Oil Company and Royal Shell, I believe it is still easy to sell, and you can even get New York to sell some bonds.
With the profit margins of Anglo-Polish oil and Royal Shell today, the bonds they issue are full of gold, and the purpose of issuing bonds is also to recover the oil field shares in the hands of the Chinese, and the market will not consider it risky.
"Happy working together!"
Yang Chao shook hands with Sassoon, with the surrender of the Sassoon family, HSBC was ceded to Yang Chao, and now the contradiction with the Sassoon family is very small, more is a cooperative relationship, for example, with the help of Sassoon, Yang Zi Bank has a large number of businesses in Nanyang through HSBC, and is already one of the top clearing banks in Nanyang, helping local Chinese banks in Nanyang to provide financing and clearing services.
After sending Sassoon away, Zhang Nian immediately walked in.
"My lord, the people from the railroad company are here."
Yang Chao nodded, the person he invited was Luo Guorui, the number two person in the railway company.
"Invite him in."
After Yang Chao finished speaking, Zhang Nian walked out.
Luo Guorui was very nervous next to him, because the thing he came to talk about was the issue of the listing of the railway company, which caused a lot of shock within the railway company, and there were many objections, some of the company's backbones were worried that the listing would affect the current independent status of the railway company, anyway, the railway company made a good profit, and there was no shortage of money at all, even if it was necessary to build a new route, it was generally financed through bonds, and it was impossible to sell shares.
But Luo Guorui is very clear that once listed, for the benefit of these old guys, the railway company has changed its assets many times and merged a large number of other railways, but their founder's old team has always retained 10% of the shares.
Today, the railway company has a debt of more than 3 billion taels and an annual profit of more than 200 million, which can be described as a good performance, once such a company is listed, Luo Guorui himself believes that it should not be less than 2, 3 billion, and is expected to become one of the largest companies in the world, and their shareholders will become millionaires one by one.
Their genesis team holds 10% of the shares, of which the first batch of 80 old guys own 3%, and the remaining 7% is shared by 1,000 early members and technical backbones in the company, if the company's market value can be 3 billion, the equity value in their old guys' hands will be 90 million taels.
Zhan Tianyou is righteous and does not attach much importance to money, so he shares equally with the early team, so each of them may get a share worth 1 million taels.
But the largest individual shareholders are not them, but Yang Chao, Yang Chao's capital injection in the railway company was huge, and never took away the funds, and it can even be said that Yang Chao's funds started Zhan Tianyou's career, so Yang Chao is still the controlling person of China Railway Corporation, even if the railway lines held by the government such as Jinpu Road and Jinghan Railway are merged into the Railway Corporation, the government does not hold more than 40% of the shares, and Yang Chao holds about 53% of the shares.
The nervous Luo Guorui was soon brought to Yang Chao by Zhang Nian, he felt cramped, he didn't know what to say, this is not nervous, but this matter is about his personal profits, as a Chinese, he is a little difficult to speak.
Yang Chao didn't embarrass him, but took the lead in speaking: "The result of the listing will not change, I called you here to tell you that you can sell as many shares as you can when you take the opportunity, don't pinch it in your hands." This is a compensation for your contributions over the years. ”
Zhan Tianyou and their children in the United States have made great contributions to China's railway industry, without them, Yang Chao is rich and does not know how to repair the railway, Westerners can do a successful business, and they can also gain fame and fortune, there is no reason to let these people live with dead wages for a lifetime.
Luo Guorui swallowed quietly, and still asked the reason why many people in the railway company did not understand: "My lord, why is this?" ”
Although the wealth of millions of taels also touched his heart, in fact, he was also one of the people who did not understand.
Yang Chao smiled: "Because I want to sell stocks to make some money." ”
"Oh."
Luo Guorui sighed, but he was extremely disappointed in his heart, they really didn't regard the railway as a business, for them, the railway is a career, it can't be measured by money, they are not Westerners, they have a traditional utilitarianism, that kind of utilitarianism, not how much money has been transferred, but how much they have done.
"Now there are only iron ore mines in Australia, Brazil and Siberia."
Even the assets of the railway company were sold, and Yang Chao found that the fixed assets in his hands were almost emptied, leaving only a few iron mines, which were also the most powerful assets.
After thinking about it repeatedly, Yang Chao called Zhang Nian: "Please invite Kong Xiangxi and them to come." ”
Kong Xiangxi is a native of Shanxi, Shanxi Jin Shang is the largest mine owner in Siberia, large and small iron ore are Yangzi Mining, and they are joint ventures, Yangzi Mining is responsible for dealing with the Russian Empire official, they are responsible for specific operations, and in recent years, Kong Xiangxi's operation has been very successful, and has also penetrated into the mining industry, is the leader of the Siberian Jin Shang miners.
The iron ore in Australia and Brazil is not easy to sell, because if it is sold, it will lose its impact, and the main purpose of the two places is to immigrate rather than make a profit, so they dare not move, but the minerals in Siberia are different, Yang Chao is sure that he can control the country, and he can buy it back at any time if he wants to, not to mention that it is mainly sold to Chinese miners, even if he can't buy it back in the future, he doesn't care too much. (To be continued.) )