Rebirth of the Super Landlord
Thirty-six acquisitions of wineries
The next afternoon, Su Zhen leaned on the sofa and listened to Rachel's investigation report on the current situation of the Luther family.
"Mr. Luther's family company was discovered by the China Securities Regulatory Commission to have concealed a debt of US$300 million in the form of an off-balance sheet (investment partnership). At the same time, it had falsely reported profits of more than US$200 million in the past two years, which means that the deficit reached US$500 million.
, now the company's stock has been suspended. And all major banks have rejected their loans. If they cannot make up for these shortfalls, they will only go bankrupt. So in order to make up for the shortcomings, they are selling off some family assets, many of which are benign.
For assets, the fire sale price is one level lower than the market price." Rachel reported back.
"Since it is a benign asset, there should be many people who want to buy it. Why can't it be sold?" Su Zhen asked doubtfully.
Rachel smiled, "Maybe it is usually true, but in fact it is completely the opposite. At this time, all parties are unwilling to take action and are trying to find ways to lower the price. They don't care whether Luther and his family will go bankrupt.
What's more, as soon as their company goes bankrupt, the price will be much lower than now if they sell it."
"Damn, these capitalists are really shady. The price is already lower than the market price, and they still want to lower the price." Su Zhen cursed, "Then what assets does their family have for sale now?"
"There is no discrepancy with the information Mr. Luther gave you. In addition to the Icewine Winery mentioned before, there is also a four-star hotel in Chicago, several properties such as Chicago and New York, and the others are shares of some companies.
Rachel replied, "In fact, it seems that the only things we can afford to buy are wineries and a few properties. Although the values of other properties are very good, they are not within our reach."
"No wonder yesterday he only asked me if I was interested in the winery. It turned out that he had calculated my little money, so what is the situation of this winery?" Su Zhen curled his lips.
"This ice wine winery is located in the Niagara Peninsula of Ontario, Canada. The winery has more than one hundred acres of vineyards and thousands of barrels of unsold ice wine. The average annual output is about 10,000 bottles, and the market value is 18 million
"It's about 16 million U.S. dollars, and the price Mr. Luther gave us is sixteen million." Rachel's report was very detailed.
"The output is so low?" Su Zhen frowned slightly.
"This output is already very high. After all, the number of grapes required to make ice wine is ten times that of ordinary red wine, and it cannot be produced every year. Besides, the winery's output is slightly lower than that of other top ice wines.
The winery is not bad at all. In fact, this winery has only been supplying Luther and his family company internally, and has not been sold to the outside world," Rachel explained.
"So it's very valuable to acquire?" Su Zhen asked, seeing Rachel nodding, he said, "Then ask Luther, when is the most convenient time? We need to conduct on-site inspections, and you can also hire some experts in this field.
Come together when the time comes, you don’t have to go, just let Erica go with me then.”
After hearing this, Rachel went to practice. Just when Su Zhen was about to take a short rest, his cell phone rang. When he saw it, it was Larry Wachowski, the older brother of the Wachowski brothers.
"Is it Su? I'm Larry. Our movie has been produced and is going to be premiered on the 15th of next month. You have to come and attend." As soon as the call was answered, Larry started to blast Su Zhen.
He was stunned for a moment.
"The filming was completed so soon?" Su Zhen remembered that The Matrix will only be released next year.
"Yes, thanks to your investment, otherwise I really don't know when this movie will be completed. This is the hard work of Andy and I. I can only say that I am very grateful for your trust. You can definitely have the premiere."
Come and participate." Larry was very excited on the phone.
"Okay, I will definitely participate when the time comes." Unexpectedly, because of my investment, "The Matrix" appeared more than half a year in advance.
The two chatted for a few more words before hanging up the phone.
"Su, Luther said it's okay at any time. As long as we inform him before we go, he will arrange everything." At this time, Rachel also contacted "The expert's side, Erica, contacted California
A professor at UCLA, but he is only available on weekends.
"It's the weekend, let's make it Saturday the day after tomorrow," Su Zhen replied casually.
Su Zhen then called home to explain the situation to his mother, and also asked Liu Ru if she was interested in going to Canada.
After Qian Liu Ru managed the financial work of a ranch company for a period of time, she deeply felt the lack of knowledge, so she proposed to Su Zhen the idea of going to university for further studies.
According to Su Zhen's idea, Liu Ru doesn't need to do any work and can just enjoy herself at home. There is no shortage of money now anyway, but Liu Ru doesn't think so. After all, she is still young and is only in her thirties now. Risking
I came up with the idea of doing something of my own.
Since her mother made such a request, Su Zhen could not refuse, so Liu Ru became an auditor at the University of Chicago.
When I heard that Su Zhen was going to Canada, I just told him to be careful and other caring words, but I rejected Su Zhen's idea of going with him because he was preparing for the STA exam.
When Su Zhen heard this, he was immediately dumbfounded. Mom, why don't you be so sharp? It's not enough to be an auditor, but you also ran to take the college entrance examination. However, the son could only support this.
Seeing that his mother was so eager to learn, Su Zhendu began to consider whether he should go to school. In fact, American law requires children of school age to go to school, and compulsory education continues until high school.
But Su Zhen avoided the trouble of going to school by taking advantage of a permitted teaching method in the United States, which is tutoring. As a predominantly Christian country, the United States allows and recognizes family education, but the education department requires that family education must be guaranteed.
The study time reaches one thousand hours every year, and relevant homework and correction records are required to be kept as a basis. However, this is not a problem for Su Zhen, who is a rich man. He can just take some time to do some homework and other things, which is very labor-saving.
When I thought of being together with a group of little kids, I couldn't help but shake my head and get rid of the idea of going to school.
I hung up the phone and called Liu Shihua again. Liu Shihua was quite interested, but he had made an appointment with a friend to watch a baseball game on the weekend, so he couldn't go.
In the end, Su Zhen had no choice but to go to Canada alone. Although he still had Erica, when he thought about the serious poker face of the other party, it was better not to take him with him. He couldn't help but rise up and arranged for Rachel to manage the investment company.
Wrong, I will be alone again from now on.
Soon it was time to make the appointment on Saturday. Su Zhen originally thought that they would take a flight together, but he didn't expect that Luther actually arranged a private jet. "The family is almost bankrupt and they still use private jets, which is a waste of money." Su Zhen
He complained in his heart.
This was Su Zhen's first time flying on a private plane. However, this private plane was not big. It was a small plane with only seven or eight people. However, the facilities were very complete and the interior was relatively luxurious. Su Zhen looked around in his seat.
Look west.
"Su, actually you can buy a plane by yourself, it will be more convenient to travel." Luther smiled upon seeing this.
"Isn't this plane cheap? It costs millions of dollars, right?" Su Zhen asked.
"No, no, no, this six-seater Piper Seneca only costs $960,000. A few million dollars can buy a high-end private business jet with dozens of seats," Luther shook his head.
"So cheap?" After all, Su Zhen was just a prostitute in her last life. She may have had more than ten years of experience than people of this era, but she didn't know much about high-end luxury goods like airplanes.
"In fact, the price of small aircraft is not high. 960,000 yuan is already very high-end. Ordinary small aircraft and helicopters only cost more than a hundred thousand dollars. In fact, the main cost of the aircraft is not the aircraft itself, but the construction of small airports and airports.
The administrative expenses paid to the docking airport, as well as the wages of the crew and the maintenance expenses of the aircraft itself, the aircraft
The bigger the aircraft, the more related expenses," Luther explained. "Relatively speaking, helicopters are more economical and can stop at relatively flat places, such as your ranch. In fact, many large and very large ranches now manage cattle.
Helicopters have begun to be used, after all, cars and horses are too slow compared to those super large ranches with hundreds of thousands of acres."
When Su Zhen heard this, he was shocked, "There is such a big pasture?" He thought his pasture was big, but he didn't expect that there were hundreds of thousands of acres of large pasture.
"Yes, there are no pastures with millions of acres, but there are many individual pastures in the United States with more than 100,000 acres, and there are two in Illinois," Luther said. "This is still a relatively small state, Texas, California, Montana.
There are many such continents, and some large landowners hold more than a dozen such ranches. You must know that the largest landowner in the United States controls more than two million acres of land in total.
"Hiss" Su Zhen couldn't help but gasped. Compared with these large ranchers, he was nothing. Two million acres, that's almost 10,000 square kilometers. That's already 940 points for the United States.
One of them, I am still very poor compared to them.
"Actually, you can also buy a few small helicopters for your ranch. Don't you think it's too long to just drive or ride a horse around your ranch?" Luther asked.
Su Zhen thought about it, and it was true that it would take more than half an hour to drive around his more than 20,000 acres (more than 80 square kilometers) of his pasture, and even longer if he rode a horse. If there was an emergency, it would indeed be inconvenient. "But
In this case, do we need to hire a driver?"
"Actually, there is no need to hire a driver. A general pilot's license is easy to pass, so most farmers can fly a plane themselves. In fact, flying a plane feels pretty good, but if you are under seventeen, you don't even have a car driver's license.
You can't pass the exam, let alone fly, so you'd better hire a pilot." Luther said with a smile.
While chatting like this, the plane slowly landed in Niagara.
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