Chapter 065 [I have a crush on your interest, but you are eyeing my principal?] 】
Hua Yongming began to talk about business, and Fang Hong smiled with surprise when he heard what he said: "...... Based on my personal profitability of 300 million per year, I will pledge the beneficiary rights for the next 33 years and pay 36% annual interest, so as to set up 100 billion liquidity for my disposal? ”
I have to say that this wave of Huayang Group is also a big gamble, Fang Hong is naturally happy if he succeeds, if he fails, Huayang Group is definitely a big injury, and it may not be able to slow down this breath in five to ten years.
Because if Fang Hong fails, it means that the expectation of his future beneficiary rights will be greatly reduced, and if he can't earn so much money every year for thirty-three years, he actually can't earn 300 million yuan a year, just 30 million, then even if he locks it for a lifetime, he won't be able to pay back this money.
This is also the biggest potential risk that Huayang Group has to bear, and it is no wonder that it will have such a high interest.
Hua Yu explained to Fang Hong, only to see him nod and say: "Yes, this is also what my father meant, as long as you nod and approve the plan, my father on the side of Huayang Group will immediately go all out and give you the 10 billion yuan." ”
Fang Hong smiled calmly: "With the old man's current age, he can play so aggressively and with such courage, it is comparable to stud, if I, a young man, are I still a young man?" Followed. ”
There's no reason not to follow.
As long as you can grasp the liquidity in your hands, you will earn!
The essence of finance is to borrow money, and when the money is borrowed, it is to win half of it first, and as soon as the money is borrowed, it is a white wolf with an empty position, and then the money makes money.
Although the cost of capital brought by the annual interest rate of 36% is indeed very high, and it will definitely not be accepted under normal circumstances, Fang Hong dares to take it with a 200% certainty of making several times a big profit, even if it can double the rate of return in a year, the profit of 100 billion yuan will be removed from the cost of capital, and the net income will be 6.4 billion.
If you don't borrow this money, you really don't have to pay the capital cost of 3.6 billion, but the net income of 6.4 billion is gone.
Fang Hong has a 100% profit certainty, even if Hua Yongming offers an annual interest rate of 50%, as long as he is willing to borrow money, he will receive it, and the more he borrows, the more he will earn, there is no reason not to accept it.
In short, the more the merrier.
What's more, Fang Hong actually didn't plan to borrow for five years at all, but actually borrowed for nine months, with an annual interest rate of 36%, a monthly interest rate of 3%, and a capital cost of 27% for nine months, which is 2.7 billion.
After a while, Fang Hong suddenly said: "But I also have a plan, old man to see if you can consider it?" ”
Hua Yu looked at him in surprise when he heard this, and said, "Please speak." ”
Fang Hong smiled methodically: "My plan is that if I make more than double my profit in the next year, how about the funds of Huayang Group with principal and interest converted into the equity of Qunxing Capital?" ”
As soon as these words came out, Hua Yu was stunned on the spot, and he called a good guy in his heart.
My Hua family just took a fancy to your Fang Hong's interest, and you Fang Hong actually even targeted the principal of my Hua family?
Fang Hong really borrowed money and didn't want to pay it back, so he directly came to a debt-to-equity swap operation.
Hua Yu, who was stunned for a while, reacted and said: "I can't be the master of this matter, but I want to know, if the debt is converted into equity, how much equity can be obtained for 136 billion?" ”
Fang Hongyan said succinctly: "The proportion of 5% of the transfer of shares." ”
Hua Yu looked at the other party in astonishment: "What? Even 136 billion with interest, you can only get 5% of the equity? ”
While saying this, Hua Yu shouted in his heart Fang Hong, are you crazy?
Fang Hong didn't know what the other party was thinking, he said calmly with a smile: "Brother Hua, this is still a friendship price, when the performance of the stars comes out a year later, the valuation is not the current 200 billion, but 300 billion, 136 billion to 5%, but according to 272 billion to valuation." If you were someone else, you wouldn't be able to get 5% of the 13.6 billion you expected a year later. ”
At this time, Hua Yu was really speechless when he heard these words, and according to his meaning, Huayang Group took advantage of him.
Hua Yu couldn't help but say: "Brother Fang, the valuation of the stars is not worth 300 billion after a year, you say that it will be worth 300 billion in a year, and the market has to have the final say." ”
Hearing this, Fang Hong shrugged his shoulders indifferently and said, "Whatever, I don't care how the market valuations, this will not affect the true value of the stars." ”
Hua Yu really can't figure it out, why?
This is 300 billion, not 30 million, why can Qunxing Capital be worth 300 billion in a year?
Fang Hong also said: "When the market gives Qunxing a valuation of 300 billion, it also means that the price of 13.6 billion yuan cannot buy 5% of the equity, which will test the vision of decision-makers to find value." ”
Saying that, Fang Hong paused, looked at Hua Yu and said with a smile: "Just like the stars when I met with Mr. Hua half a month ago, 10000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 ”
Hua Yu didn't say anything to refute it, it was true, because Fang Hong only took half a month to prove his value, and it was reflected that the star capital he led was that this company was more valuable.
The meaning conveyed by Fang Hong's words Hua Yu also knows that he is saying that he must be one step ahead of others, one step ahead of the market to discover value, and then one step ahead of others to obtain more generous returns.
When everyone discovers value, it has missed the best time window to intervene, and this time should be called expected value realization rather than value discovery.
At the end, Hua Yu looked at Fang Hong and said with a mocking tone: "I have to say that Brother Fang, you are very good at fooling, especially the confidence and calmness you show, which makes people uncontrollable, at least I can't handle it." ”
"Hahaha......" Fang Honglang laughed, and then said: "It's not in a hurry, it's just to give an expectation in advance, isn't there still a year to give Huayang full consideration, and it's not too late to make a decision then." In addition, my previous promise remains unchanged, and I will get 10 billion liquidity within the year, and you will take 1% of the equity of Qunxing. ”
In this regard, Hua Yu is naturally unambiguous, and will not shirk.
1% of the equity of Qunxing Capital is worth 200 million at the current valuation, and Hua Yu knows that it will definitely be more valuable in the future.
The two chatted for a while, and Fang Hong left the company.
When you get the liquidity of 10 billion yuan, you will immediately take the core assets of Stud A, and then carry out the circular pledge of stocks, and you can put out 116 billion liquidity through this 10 billion yuan, which is the same idea as the previous 10 billion pledge operation.
For the next 2009, Fang Hong's expected income from Qunxing Capital has been counted, about 379 billion to reach the standard, excluding the capital cost of Huayang Group here of 2.7 billion, and then removing the 8% annual interest cost generated by the stock revolving pledge, it is estimated to be about 10 billion a year.
That is, the total capital cost is 37 billion, 379 billion minus 37 billion, and the net profit is expected to be 342 billion, and this is basically the result of Fang Hong's starting from Huayang Group's financial 10 billion, and the white wolf with empty gloves in the whole field.
used other people's families to make money for themselves, and finally gave birth to an expectation of 34.2 billion.
……
That night, Hua Yu made a detailed report to his father Hua Yongming, and also explained Fang Hong's proposal in detail.
"Hehe......" Hua Yongming couldn't help laughing after listening to his son's report: "This young man's appetite is really shocking!" ”
Hua Yu also sighed: "He is too confident, and the subtle thing of confidence is sometimes true...... It even made me think for a moment that if Huayang didn't want 5% of the equity of Qunxing and chose 13.6 billion in cash a year later, it would be a huge decision-making mistake. ”
Standing in Hua Yu's field of vision, Fang Hong in his eyes was an extremely radical, even arrogant, but he had to admit that he had arrogant capital, and time gradually proved his correctness.
This time, he predicted that the upper authorities would engage in household appliances to the countryside to stimulate domestic demand promotion expenses, and Hua Yu also believed that it would not be long before he was right or wrong.
Once or twice, it can be said that it is a luck component, and it happened to bump into it!
But if it is accurately predicted in advance every time, this kind of person is equivalent to dancing on the pulse of the times, and its value is immeasurable.
Hua Yongming played with the wrench on his thumb and smiled: "What he said is right, don't worry, he said that he would watch it in a year, then I will watch it for half a year first." For now, let's get him 10 billion first, and then I'll see how fancy he can play. ”
……
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