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Chapter 381 Equity Structure

() ps: Thanks to the book friend "Youth with Wasted Talents" for the reward, and I'm asking for recommendation votes again ^_^

Although they were tricked by the New Deal coalition, as the saying goes, "A centipeded insect never dies." In the late 1930s, the Morgan consortium still retained considerable strength and influence, although it often had to face the dominant New Deal coalition.

Be humble.

As the most authoritative president in the history of the United States besides the founding Washington, Roosevelt Jr. paid more attention to industrial capital that could create more jobs and real wealth, and was more conducive to strengthening the national strength of the United States. However, for the sake of the stability and unity of the United States, he

He won’t be interested in the giant Morgan consortium either.

In terms of foreign policy, Roosevelt was closest to the pro-British and French Morgan consortium. It needed to use its power to suppress the big capitalists who held pro-German or isolationist stances in order to complete its plan to use the world war to weaken Europe.

Asia continent, the grand idea of ​​establishing American world hegemony

. .

What does financial capital fear most in an economic crisis? It is having money but no profitable projects for investment (including loans). As a result, the money in hand becomes dead money, but the interest on deposits has to be paid. If you are not careful, you will lose money.

It will bring the bank down. And Zhongfu International has now become a "wealth myth" in the United States. All the projects it invests in

There is almost no one that does not bring huge profits. Therefore, unlike the Rockefeller consortium who only wants to buy shares in the Minas Oilfield, the Morgan consortium hopes to use this as an opportunity to develop deeper cooperation with Zhongfu International and use this to open up unlimited potential for the future.

The Chinese market is well prepared, so the Morgan consortium is willing to offer a significantly higher price than the Rockefeller consortium.

. .

In addition, after Mao Zemin communicated with Li Siguang and other geological experts, he learned that although there was still a small amount of recoverable reserves in the Minas Oilfield that had not yet been proven, they were already quite limited, so he let a subordinate whom he trusted very much be deliberately "exploited" by the Morgan consortium.

"Buy", telling them that the Minas Oilfield still has large reserves that have not yet been discovered, and this is in line with the principles of oil exploration.

Therefore, the Morgan consortium took the bait and actually increased the purchase price to US$1 billion. Little did they know that because of Hu Weidong's direction, it only took Li Siguang and other Chinese geologists more than a year to discover Mina.

The Sri Lankan oil field has more than 90% of its reserves with recoverable value. This is simply a miracle in the history of oil exploration.

However, although the Morgan consortium was deceived, some of their small actions troubled Mao Zemin. It turned out that while the Morgan consortium made an offer to Zhongfu International, it also began to secretly acquire the stocks of the small and medium-sized shareholders of Zhongfu International. Although Mao Zemin had already contacted

Relatively large shareholders such as Tan Kah Kee passed the gas in advance, but the Morgan consortium still acquired almost all scattered stocks circulating in the market at a relatively low price (note 1). It accounted for about 5% of the total share capital of Zhongfu Co., Ltd., which is even higher than

buy rice

Nass Oilfield's shares are more cost-effective, because there are many other hugely profitable projects under the name of Zhongfu Co., Ltd. (excluding nylon and other products developed in the United States). Fortunately, in more than a year, Zhongfu International and Tan Kah Kee and other close relatives have

The overseas Chinese of the SE Party have repurchased a lot of stocks, otherwise they would have really suffered huge losses. But even so, Mao Zemin still realized the shortcomings of the lack of clarity in the equity structures of Zhongfu International's companies (Note 2), and decided to

It carries out capital and equity restructuring.

After the listing, shareholders who were optimistic about the development prospects of Zhongfu Shares frequently purchased scattered stocks from the market. Not only did the share price of Zhongfu Shares skyrocketed more than ten times compared with the time when it was listed (before the Morgan consortium began to acquire), the ownership structure also changed significantly compared with the original

changes, Ford currently holds 42% of the shares of "China-US Ford Co., Ltd."

, is still the largest shareholder of Zhongfu Co., Ltd., while the shares held by the Ford family have increased even more; and the proportion of shares held by Zhongfu International has increased even faster. It has increased from 30% at the time of listing to 36%;

The shareholdings of shareholders No. 1 and 2 have both increased significantly. Naturally, the number of shares held by the majority of small and medium-sized shareholders can only be reduced, but it is worth mentioning that

, among the 22% of the shares, the proportion held by overseas Chinese has further increased, with the total number of shares held exceeding 2 million shares (that is, the proportion of the total share capital has increased to more than 20%), among which Tan Kah Kee and others who firmly support the Red Party

The total number of shares held by overseas Chinese exceeds 1 million shares, which means that the Red Party has actually exceeded

Ford has become the real helmsman of Zhongfu Co., Ltd., but it is worth mentioning that the current third largest shareholder of Zhongfu Co., Ltd. is not Tan Kah Kee or other overseas Chinese who are pro-Red Se Party, but Tan Kah Kee’s son-in-law, who is against the Red Se Party.

I have reservations, but at least I am not Lee Kuang Chian, the richest man in Southeast Asia, who is "yellow-skinned and white-hearted" like Lee Kuan Yew and other "Straits Chinese"

In fact, Zhongfu International is not completely dependent on Zhongfu Co., Ltd. for profit as before, but owns many industries that it fully controls, such as shipbuilding, container, petrochemical and other industrial sectors that have developed rapidly recently, among which in Mao Zemin's eyes

The two new products with the greatest potential profits are LED lights and nylon stockings. The former is better because of its vast market. Think about this when Eddie

You can understand how Sheng started his career, and the latter has set off a popular craze. This can be seen by looking at the stockings made of DuPont's nylon 66, which has inferior performance, and is sold out. The reason why

Zhongfu International no longer needs to cling to Ford's thigh, because as domestic good news comes again and again, the great powers including the United States are

Fu has generally realized the strength of the Red Party. It is impossible to do the tricks that Mao Zemin was worried about for the sake of immediate benefits. However, the situation of the resource industry is relatively special. In order to reduce unnecessary obstacles,

In order to maintain the "traditional friendship" with Ford, a large number of oil fields and mines, including the Minas Oil Field and the newly discovered Badong Iron Ore, are still developed by Zhongfu Co., Ltd.

If these industries can be fully developed, the annual net profit of Zhongfu International can reach hundreds of millions of dollars, even if the dividends from Zhongfu International are not included. Unfortunately, Mao Zemin does not have time to wait.

Note 1: The average price per share is US$200. Due to the large number of acquisitions by the Morgan consortium in a short period of time, Zhongfu shares, which had been severely undervalued before, soared from more than US$100 per share to around US$300, becoming the largest stock in the US stock market during the economic crisis.

Highlights.

Note 2: In fact, this cannot be considered a flaw, but because this is what the Morgan consortium is best at, and no matter how talented Mao Zemin is, he only started to try capital operations more than a year ago, so there is no guarantee that they will not take advantage of it. (Unfinished)

to be continued.)


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