Chapter 101 Solid Energy ·

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Considering the limited funds, Situ Nan abandoned the huge Peabody Energy Company and set his sights on Guben Energy Company. (The fastest update speed is on the Aishang Novel Network biquge.info)

Founded in 1864 by a combination of small owners operating coal mines in Leganey County, western Maryland, Guben Energy Company was founded in 1864 by a group of small owners who operated coal mines in Legoni County, western Maryland, but was later bought by Frick.

Since its founding, Guben Energy has continued to grow and grow, producing 1.55 million tons of coal in 1899, exporting coal overseas in April 1901, and is now the largest producer of high-calorie bituminous coal in the United States, with an annual output of more than 50 million tons, accounting for more than 15% of the nation's coal sales.

Situ Nan is interested in this, high-calorie coal is the best love of steam engines, except for some warships with diesel power, most of the ships are steam-powered, so there is a great demand for high-calorie bituminous coal.

Of course, to say that the most ideal Aishang coal is actually anthracite, it has high fixed carbon content, low volatile yield, high density, high hardness, high Aishang network, Aishang coal does not smoke when burning, and is often used in warships.

However, the price of anthracite is high, and in addition to warships, merchant ships generally choose high-calorie bituminous coal, so every time Situ Nan takes a ship, he often sees merchant ships dragging long black smoke on the sea, which is the result of burning bituminous coal on Aishang Novel Network.

"Say, young man, how much do you bid?" Flick asked. He holds a 32% stake in Guben Energy, with a market capitalization of about $15 million to $20 million. However, Situ Nan predicts that the market value of Guben will increase by more than 50% in the next two to three years, so he is determined to win this company.

"$15 million, all, your shares in Guben Energy." Situ Nan said.

"No, it's not a good price." Frick hurriedly shook his head.

"16 million!"

"It's still too low, now the market demand for coal is so big, the share price of Guben Energy has been rising, 16 million, this price is too low. I'm going to have these shares going up soon, so, $22 million. Frick said.

"No, we're talking about the present, not the future. Even if, as you said, the current situation in the coal industry is really good, but according to my understanding, most of Guben Energy's equipment is aging, and his management is also very bad, and he has been losing money for several years. So I don't think it's worth $22 million.

Well, I'll add another $1 million, for a total of $17 million, which is not a low price. ”

Situ Nan landed and repaid the money.

"Young man, you are too greedy. $17 million and don't want to get my solid energy? Add more points, $20 million! Flick said with some annoyance.

"Hmmm..."

Situ Nan was a little moved, hesitated, and did not immediately agree to Frick, in fact, this price was close to his ideal figure, he was interested in the future prospects of the coal industry, and the money he would make by then would be much more than two or three million US dollars. However, he felt that the price could be lowered.

"$20 million is a reasonable price, but I heard that two days ago, there was an explosion in the Guben Energy mine, and people died. If the news comes out, I believe investors will turn their attention to other coal companies, at least a few coal companies like Virginia. ”

Situ Nan finally exploded a "bomb" and blew up Flick, this time he caught the sore foot of solid energy.

Bargaining is just that, the seller emphasizes the merits of the item and magnifies it. And the seller counts the shortcomings of the goods, saying that this is not good and that is not good, the two sides pull the price one and lower the price, you come and go, compromise little by little, and finally reach a price acceptable to both parties.

Situ Nan is the same, but most of the aspects he mentioned cannot be refuted, especially the coal mine explosion two days ago, which made Guben Energy even more anxious.

He has been recuperating in the past few years, although he has no energy to take care of the company, but he still knows the general situation of the company under his control, but how could Situ Nan know so clearly? Frick couldn't help but look at Andrew, who had been squinting and not saying a word.

Faced with Flick's inquiring eyes, Andrew ignored Flick as if it was none of his business. In fact, it was on the way here that Andrew had already revealed all the details of Guben Energy to Situ Nan.

Flick shook his head, looked at Andrew with some grievances, and scolded in his heart: Pretend, you pretend!

He glanced back at Situ Nan, looking at Situ Nan's stable appearance, calm, capable, quick thinking, familiar with business rules, and has a very sensitive sense of smell for business opportunities. This is what Flick said about Stuart.

From Situ Nan, he seemed to see his former self. At the beginning, with his own adventure and ingenuity, he and Andrew won the coal market in Pittsburgh in one fell swoop, and even the proud guy of Carnegie had to accept his own stake in Carnegie Steel.

If it weren't for that damn strike, I would have had a much better life and wouldn't have been squeezed out of Pittsburgh. But now that he is old, his body is becoming more and more inadequate, and the property in his hand will have to be handed over sooner or later, and now it doesn't matter how much money he has or how little money he has, he has made enough money in this life.

Flick turned his head and glanced at Andrew again, if he hadn't insisted on giving himself a loan despite the opposition of all the people, he would not have achieved what he would have achieved later. It's better to cheapen this young man!

Flick could see at a glance that this young man named Stoney William should be not shallow with Andrew, otherwise Andrew would not have brought him over today.

After a deep sigh, Flick said, "$18.8 million, that's the final offer." ”

"Okay, deal!" Situ Nan stepped forward and shook Frick's hand.

"Young man, you're good, really good." Frick patted Situ Nan on the shoulder and said appreciatively. This young man is even more powerful than he was when he was younger.

Being able to buy and take 30% of Frick's shares in Guben Energy for $1,880, Situ Nan felt that it was worth the money. As for the coal mine explosion, it seemed to him that it was nothing, and it passed quickly. It is not yet a hundred years from now, when a single mining disaster can bankrupt the American Macy's Coal Company.

As for the payment method, due to the lack of cash on hand, after paying a sum of $5 million in cash and $2 million in U.S. Treasury bonds at the first time, under Andrew's guarantee, Flick finally agreed that the remaining balance could be paid in installments and settled within half a year.

Situ Nan breathed a sigh of relief. After taking Guben Energy, Situ Nan handed over the follow-up to Robles, and now Guben Energy has become the first company controlled by Robles Securities.

Although Robles Securities does not control more than half of the shares of Guben Energy, given that the other shareholders are scattered and not enough to challenge Situ Nan, 30% of the shares are enough for Robles Securities to control the coal energy company.

Moreover, after the difficult days of the first half of this year, Situ Nan believes that Robles, who has abundant funds, will swallow the company sooner or later.

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