Chapter 18: One More Time

The first round of operations allowed Fang Xiu to get more than ten times the income, and his total assets increased from more than 30,000 US dollars to more than 500,000 US dollars.

Then he invested all this money in the second wave of operations, also with the help of leverage, and also won high returns, and after he completed the sell-off, the total assets had exceeded six million US dollars, and more than ten times.

But this is still a big gap from his goal, Fang Xiu now wants to buy the slaughterhouse where he works, six million dollars is far away.

Now the slaughterhouse slaughters 500 beef cattle a day, and each cow can bring more than 60 US dollars in profit to the slaughterhouse, which is 30,000 US dollars a day, and even if the impact of market conditions is removed, the total profit can be at least tens of millions of US dollars a year.

According to the acquisition market of the U.S. slaughtering industry, under normal circumstances, if you want to buy a slaughterhouse, you must give at least ten times the purchase price of the price-earnings ratio, which means that Fang Xiu has to spend hundreds of millions of dollars to complete the acquisition.

Of course, the United States is a country with very developed financial support, and the purchase price of more than 100 million US dollars does not mean that he needs to come up with this amount of money immediately.

It is entirely possible to cooperate with financial institutions, use leverage to leverage the acquisition, and he can use a small amount of capital as a basis, and then raise enough funds from investment banks or other financial institutions to buy a slaughterhouse, and finally use the proceeds of the slaughterhouse to repay the loan one after another.

In the future, Musk will use this method to acquire Little Blue Bird, but there are two prerequisites for leveraged buyouts, first of all, there must be enough start-up capital, and secondly, the annual income of the slaughterhouse must be able to cover the total amount of loans that need to be repaid that year, otherwise financial institutions will not help him.

If you want to leverage hundreds of millions of dollars for six million dollars, and the acquirer is still a new immigrant who has just arrived in the United States, the financial institution will definitely not agree.

Therefore, Fang Xiu still has to increase his principal, so that he can convince financial institutions, of course, he can also use other methods, such as mind confusion and the like, but the whole process involves a lot of people, and it is more cumbersome to deal with them one by one, and it is easy to cause unnecessary trouble.

Anyway, it's easy to make money in the stock market, so it's good to do it again, this time not to be able to increase the total assets tenfold, as long as it increases to about 30 million.

Don't bother the two masters, since the first two times were aimed at the shares of Wicks Biotech, then the third time is better to find them.

Fang Xiu got inspiration from "Iron Man", Stark Industries' stock plummeted more than twice, Tony disappeared once, Tony returned once and rose once, announced that he would abandon the arms business and fell again, and the stock price of the Ark reactor to switch to energy companies rose again, at least four times there were big ups and downs.

The stock price of Wicks Biotechnology has only plummeted twice, and it is still far from Stark Industries, and Fang Xiu is not greedy, just let them fall again.

Richard Weeks has been in high spirits lately, and since waking up, he has been wandering around various social activities in order to give investors confidence that they are completely fine, so as to stabilize the stock price of Weeks Biotech, and even push it higher.

But deep down, there is still a lot of uneasiness, because he has not yet found out the truth about his coma, and many examinations have shown that everything is normal, and many experts can't see anything strange about these data.

So what was the cause of the last coma? If I don't understand the reason, what should I do next time I pass out? Richard began to get restless at the thought of this.

It is also inconvenient for him to go in and out of various hospitals frequently, but fortunately, Vics Biotech is doing medical research, and the company has various testing equipment, and there is no shortage of medical experts, so he can check himself in confidentiality.

On this day, Richard Weeks once again underwent a comprehensive and detailed examination, and the results were the same as before, there was no abnormality at all, and he was very healthy according to the data.

Perhaps it was just a coincidence, and Richard could only console himself with this, and then according to his schedule, he got in the car and went to a hotel for a high-end social event with many media and business people.

This time, he didn't dare to drive by himself, An An sat in the safest position in the back, encountered several small traffic jams on the road, and finally arrived at the event site safely.

"Miss Schmidt, you look particularly charming today...... Mr. Hope, your eagle ball yesterday was fantastic, and next time we get a chance we can play together......" Once inside, Richard began to show his social talents, laughing everywhere he went, and it was a showmanship.

After Mr. Hope's speech, Richard walked to the podium with applause, and according to the arrangement, it was time for him to speak.

His oratorical talent is quite good, and the first few playful compliments caused everyone to laugh, especially Mr. Hope, who was praised, and he couldn't stop laughing.

"As you all know, we at Vics Biotech have made new breakthroughs in gene therapy, and I have experienced the effects of this drug myself...... "Richard wants to take the opportunity to continue to brag about the kind of new work that doesn't exist at Wicks Biotech.

It's a pity that as soon as he started, he was planted on the podium in front of him.

"Oh my God!" There was an exclamation from the audience, and everyone thought of Richard's inexplicable coma after his last car accident.

Some began calling paramedics, others secretly messaged their own media, and many more rushed to order a sell-off of Weeks Biotech's shares.

There was chaos in the scene, and no one noticed that a small spider was rapidly burrowing out of Richard's trouser leg and hiding in the flowers by the lectern.

Very good, I will reward you when I come back, Fang Xiu is very satisfied with the performance of the stand-in Gu, this time Richard will not wake up in three or two days.

The last coma can barely explain the past, but falling into a coma twice in a short period of time without finding a reason will surely question Richard's health.

Wicks Biotech is all supported by Richard, he is healthy and everything is fine, if he is finished, the company will have no value to continue to invest.

The last plunge in the stock price is proof of this, and now again, the stock price of Wicks Biotech is definitely falling even worse than the last time.

Fang Xiu, who had already been prepared, could make a lot of money again, as long as the stock price fell to the level of the last time, he would be able to scrape together the $30 million needed to start a leveraged buyout!