Extraordinary Genius
Chapter 1870: Price reduction
Feng Yu is actually very optimistic about this western British commercial bank. So, he only told Potter that he knows the shortcomings of this bank, so this bank is not worth the money.
Feng Yu just wants to suppress the price, but he doesn't want to buy it, but looking at Potter's expression, it seems that he does not intend to continue talking.
"Coughing" Feng Yuqing cleared the scorpion and reminded Potter.
Potter only returned to God: "Mr. Feng, what you said, I have no intention of concealing. If it is not for those difficulties, why should our bank sell it?"
He saw that Feng Yu did not get up and left, so he quickly continued to persuade Feng Yu, must make this acquisition.
To promote the acquisition, if he can stay as an eo, then the future income will not be low, who does not know to follow Feng Yugan, can make big money.
Even if he can't stay in office, according to the agreement, he can get a compensation if he is dismissed. How is he suitable?
Feng Yu looked at the accountants he brought with him. The chief accountant stood up and said: "Mr. Porter, then the details of your company, do you still want to keep it hidden? I want to take a look at the operation of your company. Especially look at the financial situation."
The company's business, especially the financial situation, is a company's secret. If the two sides have already signed the agreement and finalized the framework, of course, they must show it to the other side.
But now there is no agreement, the other party will see, which makes Porter have to hesitate.
However, he is also worried that once he does not agree, then Feng Yu will leave and his bank will lose the best buyer. It is very likely that the bank will really become a pure state-owned enterprise.
"Mr. Feng, I can ask, how much more debt do we have, will you refuse to buy?" Potter tried.
Feng Yu leaned on the sofa and looked at Potter who stood up: "Liabilities are not my main consideration. I mainly look at how many high-quality assets your bank has. Then, if I invest enough money, I can bring it to you every year. How much profit I have. Even if your bank is currently in debt of 10 billion pounds, I still need to invest tens of billions of pounds to bring the bank back to life. This is not a problem for me!"
Potter grew his mouth, and this sentence is too aggressive.
Ten billion pounds, what a big sum of money, even if it is a large company with hundreds of billions of assets, it may not be able to get the money right away. The main value of the big company is reflected in the stock, where will it be? There is so much cash.
This is why many banks are unable to save their banks, because banks that manage assets of hundreds of billions or even trillions of pounds are difficult to get tens of billions of pounds at a time, not to mention that one billion pounds is not enough.
Feng Yu just said this. If the bank is worth tens of billions of pounds, it will take tens of billions of pounds to get back to life. Feng Yu will not buy it.
There are so many banks on the verge of bankruptcy, and there are certainly better assets. There is no need to hang on a tree.
“Mr. Feng rest assured that although our bank has more than 10 billion pounds of debt, we only need to invest another 10 billion yuan. No, 6 billion pounds will allow banks to tide over the difficulties. We still have many loans that have not been recovered, if not We are not so tired of high debt and interest!"
Feng Yu waved his hand: "You tell them to go, remember, don't hide any facts from me, otherwise I will not just buy your bank, you will have trouble, believe me."
Feng Yu's tone is very relaxed, but it gives Potter great pressure.
He is only a part-time worker. Although he is a senior wage earner, he is still a wage earner. He definitely does not dare to deceive the world's richest man. On the European side, the rumors of the black hand d have not disappeared. It is rumored that behind every big family, there are people who specialize in seeing things.
And he still wants to continue working at this bank, and if he can stay, it will be a good thing for him. During this time, the unemployment rate of these financial industry people can be extremely high. It is not easy for him to find a satisfactory job.
Porter has brought a lot of reports, their banks are listed on the market, and the statements are indeed to be announced. But there are some financial tools in it that can make the report much more beautiful.
But at this time their bank's stock has been suspended on the London Stock Exchange, because the fall is too embarrassing, if you do not stop trading, I am afraid it will be forced to withdraw.
Suspension is also a good thing for Feng Yu. If there is no suspension, if someone reveals that he wants to buy the bank, then the stock of the bank will definitely rise.
The stocks of the acquired companies have risen. This is a common practice, because many companies will make some adjustments after they are acquired, and even many of them will be delisted.
To delist, the stocks of those holding stocks will be forced to buy back, which will allow them to make a lot of money. The company's original shareholders will also let them sell more money because of the stock price soaring.
If the company’s stock is not suspended, Feng Yu will not come in person.
Porter personally explained the details in the report to the accountants, many of which were not reflected. He also said that it was to give Feng Yu a good impression that he did not hide.
Feng Yu sat on the side, drinking black tea, smoking a cigar, and looking at the boring magazine.
Half an hour later, the chief accountant returned to Feng Yu and said in a whisper: "The boss, the situation of this company is similar to that described by Mr. Ralph. In detail, it will take time to check carefully. According to these circumstances. Inferred that our investment of 10 billion US dollars will definitely make this company turn around next year."
Feng Yu nodded. In general, it seems that the situation is okay, but I don’t know how much the company plans to sell. If the asking price is too high, then it is not worth it.
Although there are many high-quality assets bought, there are also a lot of cumbersome.
"Potter, there are a lot of problems in your bank. The debt is very high. Can you even say that it is insolvent?"
"Mr. Feng, we are not insolvent, we only have arrears, but we also have a lot of loan contracts, these are valuable assets."
"Okay, you don't have to explain this to me. Let's talk about it. How much does your bank plan to sell?"
“According to market capitalization, our bank is worth more than 14 billion pounds.”
Feng Yu sneered: "Market value? Are you saying that you have already been suspended stocks? If you don't stop trading, I am afraid that it has already fallen below 10 billion pounds. Don't forget, you still owe more than 10 billion pounds. Debt, what are the two reductions?"
"Let's look at it. If you have some good assets in your bank, if you don't hide anything else, then this bank I bought 8 billion pounds, including all assets and debts. I have to The bank invests a lot of money. I am a businessman, not a philanthropist."
"Let's go back and discuss with the shareholders. I will give you three days and hope to get a positive answer."
... The poor four said the fourth, the monthly ticket is over 50 plus, do you still have a monthly pass?
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