Resource Tycoon Reborn

"Is it 15% off for as many sets as I want?" Fang Mingyuan's next question made Barrett swallow a mouthful of saliva involuntarily. Before coming here, he had never thought that he could sell multiple sets here with Fan Mingyuan. You know

According to his calculations, the price of each apartment that meets Fang Mingyuan's status must be at least 70 million US dollars. If the U.S. real estate industry recovers in the future, an apartment will be sold for 90 million US dollars, or even higher.

It's possible! Although he knew that Fang Mingyuan was rich, Barrett still felt that it was impossible to spend hundreds of millions of dollars on buying a house at this time of the economic crisis.

"Mr. Fang is joking." Barrett smiled, "If you are willing to buy a few more sets, of course we are very welcome."

Fang Mingyuan nodded, his eyes returned to the folder on the coffee table, and he pondered for a long time and said: "Mr. Barrett, are you coming to me just to ask me to be the first buyer of the one57 apartment building?"

Barrett was overjoyed. Fang Mingyuan was so cooperative. He said quickly: "Actually, I came here this time because there is another thing I want to ask Mr. Fang for help. Although, the economic crisis caused by the subprime mortgage crisis is very important to me."

As far as our etell company is concerned, it has not caused any fundamental harm. However, due to the bank's cautious lending, many of the company's plans, including the construction plan of the one57 apartment building, have to be postponed. Mr. Fang, you are a member of HSBC Holdings Co., Ltd.

The director is also one of the founders of the Second Gulf Bank and has good relations with many financial institutions in our country. Can you help us apply for a loan from the bank? We will provide sufficient collateral."

"Can't your company get a loan from the bank?" Fang Mingyuan asked with some surprise, "How much loan do you need?"

"At least one billion U.S. dollars, preferably more than two billion U.S. dollars!" Barrett gritted his teeth and said, "To tell you the truth, our country's real estate industry is now at a trough, housing prices have plummeted, and the construction of new houses has naturally increased.

It has come to a standstill. But crisis is an opportunity. Our company plans to take advantage of this time to acquire a group of houses or land. Moreover, several of the company's projects that are under construction or planned to be started in the near future do not want to stop construction, so we need to apply for bank loans.

But today's banks, when they hear that we are a real estate company, they shake their heads very fast and don't agree with anything."

"Doesn't your company have its own cooperative bank?" Fang Mingyuan blinked. Etell's financial situation is still very good. Even when the subprime mortgage crisis hit, they still have very good profits in the past two years. Of course, this is also

It has something to do with the fact that they are taking a high-end route. Most of their customers have strong financial resources. Although they are also affected by the subprime mortgage crisis, they are ultimately more capable of resisting risks than ordinary Americans. However, Fang Mingyuan is also asking questions knowingly.

"Yes, but we already have almost three billion US dollars in debt. Although we were able to provide enough collateral, they said that we must control risks, so they rejected our loan request." Barrett said with a wry smile.

, "Even they rejected it, so other banks are naturally more cautious."

Fang Mingyuan pondered for a moment, put the folder on the table, filled Barrett's cup with tea, and then said: "Mr. Barrett, it is understandable that your country's banks are so cautious. Look at today's

Citigroup, I believe you can understand their caution."

Barrett nodded. Citigroup's stock price fell to a few dollars per share. If the U.S. government had not injected capital three times in a row and provided deposit guarantees, this pride of the U.S. financial community would have faced bankruptcy and liquidation.

This kind of thing was unimaginable two years ago! With Citigroup as a negative example, it is not surprising that the banking industry is generally cautious about lending to real estate companies during this period.

"You already have a debt of three billion U.S. dollars and want to lend another two billion U.S. dollars. Even if there is collateral, your country's banks still have concerns and are unwilling to lend easily. To be honest, your country's banks have this attitude. Others

The country's banks are not much better. And now, everyone is short of money. Even if they have money, banks will choose to lend money to companies with less risk and even lower profit margins, such as oil companies.

Fang Mingyuan said leisurely, "Although I am a director of HSBC Holdings Co., Ltd. and can also be half of the owner of Gulf Second Bank, it is not easy to persuade them to agree to grant such a large loan to your company."

Barrett smiled and said: "If Mr. Fang can facilitate this matter, our etell company will definitely be rewarded." Although it hurts, it is different from being stuck with funds and seeing the opportunity to get land.

Compared with not giving up, they would have to pay some blood, and they accepted it. After all, as he said just now, every inch of land in Manhattan is very expensive today, and there is almost no spare undeveloped land. Every piece of land will cost a sky-high price.

Cost comes.

Fang Mingyuan was silent, tapping his right index finger gently on the armrest of the sofa. Although no sound came out, it was like a heavy hammer hitting Barrett's heart.

"A loan of five billion US dollars, even with collateral, is the debt ratio a bit high for Etell Company at this time?" Fang Mingyuan said in a deep voice, "Have you not considered financing? If you can

With two billion US dollars in financing, you won’t need a loan. Even if you need to borrow another loan in the future, the bank will have less trouble.”

Barrett's face changed slightly, and he smiled bitterly: "Mr. Fang, you don't know something. We have thought about financing, but nowadays, it is not easy to raise funds. The stock market has already

It doesn’t make much sense anymore. Issuing corporate bonds may not be a good market, and if we want to attract investment, people will hesitate again and again when they see that we are a real estate company..."

"Are many people planning to wait until your need for funds becomes more urgent so that they can buy it at a good price?" Fang Mingyuan said with a smile.

"Yes! It's not like no one has contacted us and wants to invest in our company." Barrett said with a somewhat proud look. He indeed has this confidence. Compared with other colleagues, etell

The company's current financial position is good.

"Then what if I plan to inject capital into your company? How many shares can you give up at most?" Fang Mingyuan asked.

"You want to inject capital into our company?" Barrett said in surprise. Barrett felt a little bitter in his heart. He is the largest shareholder of etell company, so he has the same status as chairman and president. But he is not in the company.

He does not have absolute control, only 41% of the shares, and the remaining shares are shared by other shareholders. Fortunately, the shares are relatively dispersed, and he has attracted several shareholders, which can ensure his voice in the company.

But if Fan Mingyuan wants to invest in etell company and become a shareholder of the company, then becoming a director can be said to be an inevitable status. What is his status? Moreover, what he is more worried about is if Fan Mingyuan is determined to challenge his position in the company.

, it is not impossible to succeed! Whether it is wealth, social influence, or status in the upper class, Fang Mingyuan can be said to be overwhelming to him. Other shareholders in the company are likely to be won over by him. Fang Mingyuan has been in the company so far.

A series of achievements in the business field are too tempting and persuasive for businessmen seeking money!

But he couldn't refuse face to face. First of all, he didn't want to offend Fang Mingyuan. After all, he still wanted something from Fang Mingyuan. Secondly, even if he refused, he only had 41% of the company's shares. If Fang Mingyuan insisted on buying a share,

It is not that there is no room for maneuver. If Fang Mingyuan finally lets Fang Mingyuan take a stake, wouldn't he be a villain in vain and offend Fang Mingyuan in vain? Thirdly, he is also worried that Fang Mingyuan will retaliate against him for losing face.

; Fourthly, Barrett also thought that if Fang Mingyuan invested in etell company, not to mention that the company would have an extra amount of funds, but the reputation alone would be a huge benefit. Moreover, if he wanted to borrow money from the bank,

It's not difficult at all. I'm afraid there will be banks chasing after me to lend money to myself.

"What? Mr. Barrett doesn't welcome you?" Fang Mingyuan asked with a surprised look on his face.

"Of course not. I was just thinking how happy the shareholders would be if they knew this news. Our achievements can be recognized by Mr. Fang. This is the greatest affirmation for us!" Barrett said quickly. Fang Mingyuan smiled.

, who said Americans can't praise others? If you try to be higher than someone who scores points, you will still be flattered, and they are not as reserved as the Chinese.

"If Mr. Barrett is worried about his right to speak in the future, then there is no need for it. I am quite satisfied with Mr. Barrett's work. As long as Mr. Barrett himself does not make mistakes that I cannot tolerate, in fact, I

I want you to represent my equity." Fang Mingyuan said with a smile.

Barrett almost slapped himself, and he secretly cursed himself for being stupid. Etell Company is well-known in Manhattan, New York, and even in the American construction industry, but who is the other party? Hong Kong Kumho Film Group Company, Guo

Shipping Group Company, Pingchuan Petroleum Group Company, Second Gulf Bank, Australian Haiping Mining Company, Carrefour Group, which ranks among the top three in the world, and directors of Microsoft... Among these companies, which one is smaller than Etell Company? And Fang Mingyuan

He has only held management positions in two of them, Hong Kong Kumho Film Group Company and Kuok Shipping Group Company. Many other companies have been managed by others. What is so special about Etell Company that would make Fang Mingyuan decide to personally

Sit in charge? And if it is to be managed by others, how big is the difference between leaving it to yourself and leaving it to others? Moreover, etell company is just a real estate developer, not a high-tech company. As long as it is done by itself

As long as Fang Mingyuan is not dissatisfied, Fang Mingyuan will naturally not interfere too much with the company's normal business.

And if this is the case, it would be a good thing for Barrett himself. With the shares authorized by Fang Mingyuan, he is likely to be able to achieve absolute controlling interest. In this way, coupled with the benefits brought by Fang Mingyuan's investment

Other benefits are undoubtedly a shot in the arm for the development of etell company! It is likely that the scale of etell company will make a leap in a short period of time! Although Barrett wants to maintain his controlling stake, he

I also understand the truth. If the scale of etell company can be raised to a higher level, even if his shares are reduced, the benefits he can obtain will be greatly increased... Thinking of this, Barrett was already excited.

"If etell company becomes a company in which our Fang family has a stake, then whether it is HSBC, Gulf Second Bank, or Wells Fargo, I can guarantee that etell company's normal loans will be unimpeded." Fang Mingyuan added another one calmly.

chips.

Barrett trembled slightly. Wells Fargo is a local bank in the United States. Although it was previously a well-known bank in the United States, it is not a top bank and can only be said to be the leader in the second camp.

In 2006, its total assets and net income were only one-third and less than one-half of those of Citibank and Bank of America. However, a subprime mortgage crisis hit and gradually became

During the financial crisis, by the end of last year, the stock prices of Citibank and Bank of America had plummeted, and at least two-thirds of their market value had disappeared. However, Wells Fargo's stock price had only fallen by less than 4%, and it was still

Dividends were paid! As a result, Wells Fargo surpassed Bank of America and Citibank in one fell swoop, becoming one of the lucky few in the American financial industry during this crisis! So Wells Fargo must have plenty of money in its hands, and it dares to lend abroad!

It's not like Barrett and the others have never thought of loaning money to Wells Fargo Bank before, and they have indeed talked to the other party, but the other party's attitude is not very positive. This is related to Wells Fargo Bank's business philosophy, which attaches great importance to the decentralized issuance of loans.

, and believes that this is an important way to reduce loan risks. If etell company wants to start with one billion U.S. dollars, it is best to borrow two billion U.S. dollars. Of course, Wells Fargo will hesitate. Although etell company's current operating conditions are all good,

But who can guarantee what will happen in a few years? Isn’t Citigroup the best example? But according to Fang Mingyuan, as long as he buys shares in etell, the company will have no problem borrowing money from Wells Fargo!

Barrett inevitably had some doubts in his heart, but his reason told him that this should be true, and Fang Mingyuan really had the confidence to do this.

Looking at Barrett's appearance, Fang Mingyuan smiled secretly in his heart. Although the U.S. real estate industry has collapsed now, in the long run, the U.S. real estate industry still has great potential, especially in the high-end market. Sky-high-priced apartments like the one57 apartment building are all

It can be seen that it can be sold smoothly. New York is the economic and financial center of the United States, and is also a gathering area for wealthy people in the United States and even the world. Even if these people do not live in New York, they often buy properties here.

Although the real estate industry in the United States has plummeted due to the impact of the subprime mortgage crisis, what has fallen will eventually rise. And when the real estate industry in the United States is at a trough and housing and land prices are plummeting, it is only possible for Fang Mingyuan to make a fortune.

The most important thing is, how can domestic industries support such rapid expansion without external capital input? Especially in the near future, they will take over the Railway Communications Information Co., Ltd., and the Engine Group Company also seems to have some plans, which one does not need money?

?Etell Company is a local leader in the Manhattan real estate industry, and 40% of the shares are actually in the hands of the Fang family. Wouldn't it be great to take this opportunity to get the controlling stake of Etell Company and make a fortune quietly?

Barrett is a very capable person. As long as he can manage the company well without making any mistakes, Fan Mingyuan will naturally not be troublesome. If someone else has to come to power, not only will there be discord within the company, but Fan Mingyuan will also have to worry about who to send.

Come on, what is the essential difference between using professional managers and using Barrett? Therefore, Fang Mingyuan not only does not intend to seize the operating rights of etell company, but also intends to further strengthen Barrett's power, and

As long as he has the power of supervision, that's fine.

As for this area, the Fang family has formed a complete set of rules over the years and has enough talents in this area. As for the future, perhaps at the right time, Fang Mingyuan will sell off these shares. There is Samsung Construction Company

With Longxing Construction Group, one more etell company and one less etell company will not have enough impact on the Fang family's position in this industry to shake the foundation.

Barrett let out a long breath, and then said to Fang Mingyuan: "This matter is related to the company's equity changes. I can't give you an accurate answer now. The decision must be made by the board of directors. However,

, I personally welcome you to join." He had already thought clearly. Although there may be some variables and certain risks in the future, nothing in this world can be risk-free? Just walking in

On the road, you may be hit by a car or hit by falling objects. There is no use looking forward and backward. At least from the current perspective, Fang Mingyuan's investment in etell company has more advantages than disadvantages, giving etell company a chance to expand against the market trend.

A rare opportunity! With Fang Mingyuan joining and sufficient loans, many things will be easier to handle. Those plans that had to be temporarily shelved because of insufficient funds can be started. And if everything goes well, maybe

In a few years, etell's company will be more than double its current size! He really can't refuse such a temptation! (~^~)

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