Chapter 62 Lack of money, listed and cashed
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"Robles, I'm going to put some of my businesses on the market, and I'd like to hear your thoughts. (Like this book, please bookmark biquge.info)"
Situ Nan looked at Francis's distant back and said to Robles.
"I've always wanted to tell you that, but Robles Securities, like your companies, is expanding very fast, and every time we finish one project and then we have to work on the next, we never have time to organize the company's development plan.
In addition to borrowing from banks, it is inevitable for enterprises to go public or raise funds from private equity funds when they encounter financial difficulties in the process of development. It's also a matter of risk-sharing. Robles said.
"I know that your companies are quite profitable, and it is not a problem to raise funds in the stock market, which is also a rare opportunity for us at Robles Securities, and we at Robles Securities can not only make a fortune by planning the listing of your high-quality companies, but also expand our influence on Wall Street. We're going to have to take a long-term view. ”
Next, the two of them locked up in the room to discuss the company's listing, and even an important dinner in the evening almost forgot about it, but the attraction of those celebrity ladies was naturally not as great as the company's listing.
After much discussion, Situ Nan decided to spin off the Los Angeles steel plant and go public, and food companies were also on the list.
Situ Nan, the source of his lifeline, the Western Petroleum Company, was a little hesitant, and decided to look at the listing of steel mills and food companies first.
Robles knew how much Situ Nan valued Occidental Petroleum Company, and he was also one of the shareholders of Occidental Petroleum Company, so he knew that the potential of this oil company was amazing, and before he was completely sure, he could raise astronomical funds by rashly going public, but at the same time, there were also risks, you must know that Mobil coveted Occidental Petroleum for not a day or two, and Rockefeller dreamed of controlling everything about oil in the world.
In addition to Rockefeller, the Wall Street gang is not easy to mess with, turning their hands into clouds and covering their hands into rain, if they don't have enough strength, Occidental Petroleum is at their mercy like a fresh virgin, which is something that Situ Nan can't accept.
Robles understood Situnan's caution very well.
In order to get part of the shares of the Francis shipyard, Situ Nan had no choice but to take those shares to the banks on Wall Street and mortgage them, raising $9.5 million for Francis, and losing a large amount of interest in vain.
"It's better to be a bank!" Situ Nan sighed, when will he have his own bank?
Fortunately, it is not bad to open a securities company, and this time Robles Securities should be able to raise enough funds for Situ Nan.
It's easy to say, but it's complicated to actually operate, and three or five months won't work, and now Robles Securities' main job is to deal with that U.S. Treasury bond, so the listing of California Steel Company and Stoney Foods Company can only be postponed.
But the shrewd Robles has already made a splash on Wall Street, and in the past two days, well-informed investors have begun to inquire about the listing of steel companies and food companies.
California Steel has not yet gone public, and more than 15 percent of its shares have been divided among Wall Street banks. Stoney Foods is a similar one, who calls it the largest food supplier to Britain and France in the United States.
Robles estimates that the outstanding shares of general listed companies account for 25 to 40 percent of the company's total share capital, and Situ Nan has invested more than $50 million in California Steel, the largest steel consortium in the western United States, and if 30% of the shares are listed, it is conservatively estimated that at least $30 million can be raised according to the current market.
The food company is about the same number, and this food giant has never been seen in the history of the United States, controlling grain production and livestock trading in several states in the Midwest, in addition to large farms, food manufacturing, and a portion of cotton production.
If it weren't for the stimulation of the war in Europe, the prosperity of American agriculture, and the entanglement of the interests of thousands of farmers and farmers behind Stoney Foods, the U.S. government might have to conduct an antitrust investigation against him.
At the same time, Situ Nan also realized that the management of his food company was a little chaotic, and many problems were covered up when the economy was booming now, once the two years of happy life passed, especially the economic recession in the United States from 1918 to 1920 after the war, especially the bankruptcy of a large number of farmers in agriculture, so taking precautions and nipped the crisis in the bud became Situ Nan's first consideration.
After several months of hard work by his management team, Situ Nan finally divided the food company into three parts, namely Stoney Food Manufacturing Company, which was responsible for food processing, Stoney Agricultural Company, which was responsible for agricultural production, and Stoney Agricultural Company, which was responsible for agricultural production.
The largest of them is Stoney Food Manufacturing Company, which is currently the largest food manufacturing company in the United States, with a large number of food processing plants in California and Texas, two major agricultural states, and at the same time, after Situ Nan acquired a number of food processing plants, Stoney Foods Company's products have developed from a single canned meat in the early days to various food cans such as grains, soybeans, fruits, etc., and its canned luncheon meat accounts for more than 2/3 of the market share in the United States.
At the same time, Stoney Foods Manufacturing Company is also the largest supplier of overseas supplies to the United Kingdom and France. Especially after recently getting a big contract from the British, the company's strength has been further improved.
As the name suggests, Stoney Agricultural Company is a company specializing in agricultural production, because Situ Nan has been hoarding land in the past few years, so Stoney Agricultural Company also has a million acres of agricultural production base in its hands, with a wide range of business, including grain, animal husbandry, cotton, coffee, fruits and other cash crops, employing more than 20,000 workers, all of which are engaged in large-scale mechanized planting.
In addition, through the guò company plus the farmer model, the agricultural company controls a large part of the agricultural products in the western and southern states of the United States.
Of course, most of the agricultural company's agricultural products are sent to the factory of Stoney Food Manufacturing Company for processing, and then manufactured and packaged before being sold.
As for the agricultural tools company has just been spun off, so the scale is the smallest, Situ Nan is most positioned as a provider of agricultural machinery and equipment, that is to say, the business scope of this agricultural tools company is the production of tractors, harvesters, seeders and other machinery and equipment.
In order to better manage these three independent companies, Situ Nan became a company called California Agricultural Holding Group to control the above three companies, and then gradually listed these three companies to cash out.
In particular, after the Stoney Food Manufacturing Company went public and raised funds, it will expand its production scale in the next two years to meet the strong demand for logistical supplies after the United States enters the war, and at the same time, it will also take advantage of the good stock market to gradually reduce its shares and cash out.
Situ Nan planned that after the end of the war, the stock prices of food companies would fall sharply due to the reduction in military orders, and that he would be able to buy back the diluted shares from the stock market with less money.
This was Situ Nan's plan, a plan that was specifically conceived to use his prophetic powers to make more profit from the American people in every possible way.
However, he did not tell Robles such a detailed idea, but only discussed with him how to make the spun-off food manufacturing company go public.
Under the vigorous operation of Robles Securities, and Situ Nan had made relevant preparations before coming to New York, so it didn't take long for the American food giant Stoney Food Manufacturing Company to be listed on the New York Stock Exchange on Wall Street!
As soon as Stoney Foods went public, it was sought after by investors, and the first batch of 30 million ordinary shares (about 30% of the total share capital) was sold in less than half a month at a price of $1 per share, and Stoney Foods raised $30 million from the booming stock market at once, which greatly eased the financial pressure on Situ Nan.
But this was not enough, in order to raise more money, Situ Nan then sold a part of the shares of Stoney Foods, adding up to more than 60 million US dollars.
Stone's stake in Stoney Foods Manufacturing, the parent company of California Agribusiness Holdings, has now fallen to 54 percent, but it still holds a firm grip on the food manufacturing giant.
"Here, cheers! Well done this battle! ”
At Robles' house Situ Nan held a small celebration banquet, attended
Most of them were senior executives of Robles Securities, as well as relevant and powerful people.
Now that Situ Nan has tasted the sweetness, the next step is to take the steel company to the market, and this gold-swallowing beast should be handed over to the American people to bear it!
Who told Situ Nan that he was in desperate need of a lot of money right now? Without a large amount of money, how can Robles Securities Company grab US bonds? Without a large amount of money, how could Situ Nan acquire banks in several states in the western and southern regions?
There are also cars, power and electricity, kill Situ Nan! He wants everything now, but he wants to pay for it. The price is that the chickens that have laid golden eggs for several years have been put on the stage one by one and let other investors share a piece.
Although there are some unwillingness, but there are gains and losses, is it not also a wise choice to temporarily give up some to get more benefits in the future?
Situ Nan secretly warned himself not to be careless and control his shares at an appropriate level, so as not to make wedding dresses for others.
As for Occidental Petroleum, Situ Nan has not been generous enough to pull this fat pig out and kill the American people, and now Occidental Petroleum Company does not have much capital, and what is short of money is that Situ Nan wants to invest in other industries, so he will go public and cash out some industries.
If the Western Petroleum Company does not make any mistakes, it will definitely become one of the seven sisters of the Western world in the future. Now Occidental Petroleum has left Texaco far behind, and there is still a momentum to surpass Gulf Oil, and even Mobil, which is walking in front, has to stop and watch vigilantly at the menacing Occidental Petroleum behind.
Situan's expectation for Occidental Petroleum was that more than a decade later, around 1929, it would become the third strongest company behind Gulf Oil after Mobil and Shell!
If you can take precautions at that time, I believe that even if Western Petroleum can not only take advantage of the financial crisis to swallow up a number of oil companies, but also extend its tentacles to the distant Middle East.
South America is not a problem, and where Mobil can go, Western oil will definitely be able to go in the future, and it will grab more oil fields than it.
That's a bit of a long way off.
Situ Nan stared at the scarlet wine, shaking his glass gently, and his mind drifted somewhere, until Robles's words brought him back and forth from his own yy.
"By the way, do you have any plans for raising such a large amount of money this time? Do you want to leave it to Robles Securities? Robles probed.
He knew that in addition to its own development, the listing of this food company was more for Situ Nan to cash out, and now Situ Nan had a lot of money in his hands, and Robles couldn't help but be unmoved, so Robles hit this idea.
But how could Situ Nan not know what Robles was thinking? He now has a clear investment direction for the next step, which is automobiles, electricity and electricity, and banks that cannot be delayed any longer.
Situ Nan glanced at Robles, "I already have a use for this money, and I can use it to invest in cars, electricity, electricity, and banks." You're dead to this heart! I'm in business, unlike your speculators. But don't stare at the money in my hand, there won't be enough money to spend in the future. I tell you, you'll be busy soon, don't you see that those Wall Street guys are running to Washington quite diligently right now? Think about it! ”
"You mean, is that fast?" ······"
Robles stared at Situ Nan deadly, and under Situ Nan's nod, Both finally thought of something and couldn't help but be overjoyed.
"Oh my God! Now it's time to prepare. ”
In the prediction of major events, Robles had blind trust in Situ Nan, even if Situ Nan suddenly said to him, "Robles, aliens have invaded the earth." ”
Robles would also say, "Do they want our investment banks to issue bonds?" ”
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(This chapter doesn't feel good, there are a lot of things that the author doesn't understand too well, but some of the plots set are not easy to change.) I hope you will bear with me and support you! Vote, click, collect or whatever.
Again, the level of writing may be limited, but it is definitely diligent. If I don't have anything to do this week, I try to do three shifts a day, at least two shifts! )
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