Extraordinary Genius

“Horton Cars? Australia accounts for more than 20% of the market? This data sounds wonderful, but how many cars can Australia sell in a year? Isn’t that one million this year?”

Even if Feng Yu is interested in this brand, it will not be directly expressed. And the Australian market is indeed shrinking, and it must be known to use the same car, otherwise it will not be so happy to sell it.

Another Feng Yu remembers his past life, Horton eventually stopped production. Because the Australian market is over, the factories in Australia, including Foote and Madian, have been shut down. The manufacturing costs are rising and the sales are declining.

To put it simply, the Australian market is saturated, and it has not been able to open up new markets, and it will be finished. At that time, there was no new market for the same use. Yes, but not for Horton, but for Chevrolet, Buick and other local brands. Horton’s popularity is too low.

However, Feng Yu is very interested in the technical center of Horton. Among them, the research on engine, transmission and chassis is the top in the same car, and the world is first-class. It can complement the technology of Bingcheng Machinery.

There is no debt there, and the same use has already been laid off. It will not be big enough to reduce the production capacity of the factory there, or even simply become a technology R&D center and sales center, no longer producing.

When Marco heard the words of Feng Yu, his face did not look awkward. He argued: "But Horton's car is not only in Australia, but also exported to New Zealand, Britain, South Korea, the Middle East and the Middle East. It is very valuable. And the technology research and development center there is very powerful and contains many key technologies that we use together."

"Yes, do you guarantee that those technologies you have not mastered with other brands? It seems that there are not many patents owned by Holden?"

Horton’s research has been successful, and the patented technology belongs to the same-use automobile group. Holden holds some less important patents.

"Mr. Feng, Horton is really worth buying. It only costs $5 billion."

Feng Yu paused the game and pressed a few times to open an electronic document.

"Hey, seven years ago, Horton could have a profit of six billion Australian dollars a year. Last year, Horton had less than a billion Australian dollars in profits. So how much should it be this year? Is it a point, or will it lose money?" The reason why you managed to keep close to A$1 billion in profits last year was because you also made layoffs. To be honest, those managers are really qualified."

Feng Yu shook his head and felt emotions. His ridiculous remarks made Marco's face change.

How is Horton's information, Feng Yu know so detailed? Is Feng Yu originally planning to acquire Holden’s business and did a detailed investigation?

So, did Feng Yu only investigate Horton, or did he investigate all the business of the same car? Is Feng Yu fully aware of the details of the same car?

"Mr. Feng, Horton's profit fell because Horton originally held more than 40% of the shares of Daewoo. Later, Daewoo did not sell it to Tata Motors. So the business has shrunk and the profits are natural. It will fall, and global car sales are falling..."

“Wait a minute, our car sales in China market have not declined, car sales in the Indian market have not declined, and our sales of Bingcheng Machinery have increased by more than 15% last year, and this year may be more.”

Your decline does not mean that all are falling.

Marco was interrupted by Feng Yu again, but he did not know how to refute it. Feng Yu said the facts.

“Mr. Feng, Houghton’s R&D center, spare parts production center, automobile assembly center, sales channels, etc. are all high-quality assets.”

"Well, how do I hear that Horton has suddenly carried a lot of debts from the same car? Your wholly-owned subsidiary, I don't know how to operate internally, but these debts should not be Horton. "What?" Feng Yu smiled and asked.

Fortunately, people are collecting news at any time, otherwise they will almost measure the wrong value, and the negotiation will be very passive. If you can still maintain a profit of A$100 million a year, then the price of $5 billion is really not expensive, but if you put on billions of dollars in debt, let alone $5 billion, five Feng Yu, who is worth billions of dollars, will not consider it.

"Debt? Is Mr. Feng wrong? There was a profit of 10 billion Australian dollars last year. How can there be debt?" Marco smiled a bit stiffly. How did Feng Yu know this news? Someone in Horton’s auto executives must have been bought by Feng Yu!

"So can we disclose the financial situation? We talk about the sale of assets, we must always understand in detail to decide." Open financial situation, this is a very common requirement in corporate acquisitions.

Ma Ke dared to promise, they used the car before they came to Feng Yu, and went to the subsidiaries that they planned to sell to Feng Yu, and they saved a lot of debt.

"Okay, what Horton was like, what it should be like now, those debts, I will not bear it, so I can talk about it."

"And, what is the Australian market, what Horton is like, my investigation is very clear, and even if you use the car as a whole, I know very well, you don't have to lie to me."

"Finally, I am a little interested in Horton, and I am more interested in some of the technologies that you use. I remember that you have a lot of joint ventures in China, including technology research and development centers, and this is also included."

Marco really didn't know how to argue this time. His own bottom was already in front of the other side. The funny thing is that he still wanted to hide.

If the several joint ventures of China are also sold, then they will have no valuable assets in China. The rest are some sales channels, but they can use the same cars in China, except for the joint venture vehicles. I can't sell a few at all.

He measured it in his heart. Even if these are added together, if you can't get rid of some debts, you can sell up to eight billion dollars. If you are tall, no one will buy it.

If two years ago, these assets were at least $15 billion, they were the industry leader, not short of money, and still robbed the land.

Feng Yu thought for a moment: "Right, I think you are also very short of money in using the car. I will help you again. You will transfer some patented technology to me, or permanently authorize it to me. I can also give you one. Pen technology transfer fee. These plus the assets just mentioned, make an integer, 10 billion US dollars. You think about it, give me a reply tomorrow, the day after tomorrow, maybe I don't want to buy it."

......