357. Financial Capitalists
Rogrid put away his smile and said: "Before coming here, Lian Na and I have discussed the preliminary plan, and have made a brief communication with the Yimailei Group, and the general idea can be introduced by Ms. Lian Na first." ”
Lian Na: "Mr. Rochard's idea is to find a suitable shell company, preferably a listed company in Belle Country, with a total market value of not too large, and the performance in recent years is average, the stock price is very low but the liquidity is good.
Mr. Luo can use the Rogrid Investment Fund under his name, or through other means, to acquire the shell company, and directly purchase the proportion of shares to the level of control of the board of directors.
In advance or at the appropriate time, arrange some other positions to buy the company's shares, and through the restructuring and acquisition news, the first wave of stock price increases.
Lian Na explained: "It was Dr. Luo who first controlled a shell company, and then the shell company acquired the shares of Wago Mining, which is not the same thing as Dr. Luo directly spending money to buy Wago Mining.
This shell company can get the shares of Wago Mining without a penny of cash, and can exchange shares.
For example, the stock price of this shell company at that time was 10 Luo yuan, and it sold 100 million shares to Yi in exchange for shares of Wago Mining. In this way, there is no loss on the statement of the Yimailei Group, and the valuation of the asset is still one billion Luo yuan. ”
After the stock price has risen for the first time, let Yimailei Group transfer all the shares of Vage Mining to this shell company......"
Lian Na said this, and deliberately paused. Manman interjected, "I seem to understand, you want Dr. Luo to buy a company, and then let this company buy Wago Mining from the Yimailei Group.
Isn't this equivalent to Mr. Luo buying Wago Mining, and how much does it cost him to buy? If a few miles of country punishes Vage Mining, wouldn't it be equivalent to punishing Dr. Luo? ”
Rogrid said: "Of course I will agree, they will even beg me, this is the best way to stop loss and untie." In this way, not only can I get rid of the stop loss, they think that I have a deep background in the country of several miles, and I will definitely be able to make a lot of profits after taking over the Wage Mining, and I can also make a profit with the ride. ”
Man Man was puzzled: "Didn't they sell Wago Mining to your company?" How can you earn it again? ”
Rohardd smiled bitterly: "Because they also got the shares of this shell company, for example, according to the assumption just now, it is a stock with a market value of one billion Luo yuan."
Hua Zhenxing frowned slightly: "Can you directly exchange shares like this?" ”
Lian Na: "Of course, the specific approach is not so direct, what I introduced is only Dr. Luo's general idea. The specific plan also needs to be designed by professional investment bankers and lawyers, in short, it is not difficult to operate. ”
Hua Zhenxing: "Can the Yimailei Group agree to this plan?" ”
Manman: "But I listen, it seems that you have suffered a loss, huh?" And you're not helping Xiaohua, but helping Yimailei Group stop losses and make money.
What kind of shell company do you control, give Yimailei Group shares worth one billion Luo yuan, and then take over Wage Mining, doesn't this give them a advantage for nothing? ”
Rochard said helplessly: "I don't have any loss, and I don't give him the shares I hold, they get their shares, and I still hold my share capital, as long as the stock price rises, both parties can make a profit."
As long as the stock price of this shell company does not fall or rise, they can recover losses and even profits, and they can sell at the right time to arbitrage out.
Esalere Group is not a single person, but a large multinational group with many shareholders and related stakeholders, and Wago Mining is only a small investment project for them.
This kind of thing does not need to be handled by senior leaders at all, but will only be handed over to a department, and the head of this department also has the pressure of KPI assessment. I just have to give them a solution to be able to have beautiful data on this project. ”
Hua Zhenxing glanced at Locke and replied, "I want to use it in the name of the Golden Dictionary Company." Of course, Jindianxing also needs equity restructuring, and then change its name, let's call Jindianxing Mining Co., Ltd. ”
Rochard nodded: "Okay, the second step of the plan, the shell company will entrust the Wage Mining to Jindian Bank to operate on its behalf." However, it is not unconditional, and a VAM agreement needs to be signed between the shell company and Jindian Bank.
For example, Jindian Bank promised that after taking over the Wage Mining, the annual distribution of net profit will not be less than a certain amount, and we can discuss the specifics, such as not less than 50 million or 100 million Luo Yuan.
So what we're going to talk about next is two key issues. First, after the completion of this plan, how can we guarantee that the stock price of this shell company will definitely rise? Second, how can we prove to everyone, or convince everyone, that Wago Mining is a high-quality asset? ”
Hua Zhenxing: "What's next?" ”
Roshand: "The next step is the cooperation between you and me. The shell company has obtained the equity of Vage Mining, and can entrust Vage Mining to Jili State to operate, which entity do you plan to take over in the name of, Huanxiang Industry? ”
Man Man had already taken out the paper and pen to record, and put down the pen at this moment and said, "How can this be?" It is equivalent to that we spent 1350 million Luo Yuan to buy Wage Mining through Jindianxing, can we use such trouble? ”
Man Man still hasn't said a word, wouldn't it be too much of a loss to do so! Originally, the country wanted to impose a heavy penalty on the company, which could make the company go bankrupt directly, but where can the current Wago Mining sell for so much money?
Rochard shook his head and said, "If there is no punishment pressure from the government of the country, do you think the Yimailei Group will give up the Wago Mining?" According to the Dongguo dialect, this is a golden rooster that can lay eggs! What I've developed is a plan that benefits everyone. ”
Since it is a VAM agreement, if it fails to meet the agreed requirements, Jindian Bank will have to make up for it.
More crucially, another VAM clause is that after three or five years, Jindian Bank promises to buy Wago Mining from the shell company at an agreed price, such as a purchase amount of not less than one billion Luo yuan.
Let me assume a scenario for the time being. Let Jindian Bank sign a VAM agreement with the shell company, let Jindian Bank operate Waage Mining on its behalf, promise to distribute a net profit of not less than 50 million Luo Yuan every year, and acquire Wage Mining at a price of 1.2 billion Luo Yuan after three years. ”
A VAM does not necessarily require a guarantee, as there is a theoretical possibility that the VAM will fail and the agreement may be terminated. But Hua Zhenxing had already heard what Rogrid meant, and Rogrid obviously wanted the stock price of the shell company to rise, and there were two waves of increases.
This requires credible performance expectations, so the VAM agreement should be used to guarantee the bottom. If there is a third party to provide a guarantee, and the existence of this VAM agreement can be turned into internal information and circulated, Rogrid will have a lot of room to operate.
"The Fogen Foundation can provide a guarantee. ”
Hua Zhenxing: "Jindian doesn't have this money. ”
Rohard: "Now there's the third step in the plan. In the end, the Golden Dian Store can actually not spend a penny! And you can now officially take over the custody of Wago Mining......"
Hua Zhenxing: "Let me interrupt, doesn't the VAM agreement I just mentioned need a guarantor?" ”
So I suggested another option, which would be to have the company issue corporate bonds, and the proceeds would be used to acquire the company. As soon as the acquisition is completed and the purchase price is paid, the guarantee liability of the Fogen Foundation will be discharged.
From this time on, Wago Mining has nothing to do with this shell company and Yimailei Group, and completely belongs to Jindianxing. The task of the shell company was officially completed, and the profits were all realized. ”
Hua Zhenxing: "Can Jindian Bank issue corporate bonds?" ”
Man Man asked again, "Why didn't the Golden Dian Store spend a penny in the end?" ”
Rohard: "The third step of the plan is the penultimate part of all the plans, and I haven't had time to communicate with Ms. Lian Na yet. In the conventional way, there are actually two options.
The first is that Jindian Bank completes the acquisition of Wago Mining, but it can temporarily not pay the purchase price and let the shell company link the income to accounts receivable, but this cannot avoid the issue of guarantee liability after all.
Hua Zhenxing: "The issuance of rice bonds, the depreciation of rice gold, the actual pressure of repayment of principal and interest will become smaller, do you mean this?" ”
Rochard: "It can be that or it can't. The term of the corporate bond can be three years or five years, and the interest is paid once a year, and the principal is returned at maturity.
Even if you do want to spend money on the acquisition of Wago Mining, you can postpone the payment date to six to 10 years later by following these steps.
Rohard: "Yes, surely, because the purpose of the financing is to buy Wago Mining. As long as the company is doing well during the period of escrow and is proven to be a high-quality asset with huge profit prospects, the corporate bonds can be highly rated.
As for underwriting and issuance, I can find someone to help you out. I propose to issue a rice gold bond because the main products of Wago Mining are copper and aluminum, which are both strategic resources and international commodities.
According to the current scale of the over-issuance of rice gold, the price of international commodities to rice gold will rise for a long time, that is, the depreciation of rice gold, and the depreciation of rice gold bonds. ”
And these costs are easily earned back in advance. Even if you don't count the mining profits of Wago Mining in the past few years, in the first and second steps of the plan, you can make a profit through the stock operation of the shell company.
If you don't want to come up with the money for the repurchase, you can simply let Jindian Bank go bankrupt, carry out debt restructuring before bankruptcy, and transfer the mining company to another company...... This is the fourth and final step of the program, and it will be six to ten years away.
In this process, the cost that needs to be paid may only be some financial advisor and lawyer fees, as well as the last or two years of bond interest, which is not a large amount.
Bonds can be listed and circulated in the secondary market, you can first pay the interest normally for one or two years, and then let the operation of Jindian Bank have some problems, resulting in a delay in interest payment or something, and high-quality bonds will become junk bonds, and you can repurchase at a low price.
According to this plan, all parties involved, including all of you, will be able to make a fortune. In six to ten years, you'll be mining in White Devago, and you won't even have to spend a penny. And by that time, many things have long had nothing to do with me and the Yimailei Group. ”
Man Man blinked after hearing this, while Hua Zhenxing frowned.