Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 299 Fund Investment

Burbank Eleventh Street, the top floor of a six-story office building.

Scott stood at the door of the writing room with a size of hundreds of square meters, watching the workers post brass fonts on the white wall behind the front desk, reminding him: "The Anderson Foundation is placed above, and the Pacific Film Foundation is below."

The worker in charge of the construction turned around and said, "We do things, don't worry."

A young man came over at this time and said to Scott with a smile: "Hey, go and rest, just have me here to stare at it."

Scott did not respond, but asked, "Is it open today? How is the trend?"

The young man quickly replied: "The trend of slow recovery in the past two days continued. As soon as the stock market opened, the Nasdaq index rose by 0.15 points."

Scott patted the young man on the shoulder: "You are staring here, I'll go back and take a look."

"Okay." said the young man.

Just as he was about to return to the office, Scott saw someone coming from outside, turned around and greeted with a little surprise: "Mr. Anderson..."

Ronan waved his hand to Scott and said, "Didn't you say that, just call me Ronan."

When the young man saw Ronan, he immediately realized that this was the real boss and quickly said respectfully: "Mr. Anderson."

Ronan nodded at him with a smile, and at Scott's greeting, he entered the writing room, and looked around as he walked.

The writing room has just been renovated for a while and the area is not very large. It separates two separate rooms, which are Scott's office and the company's conference room. The other parts are open-plan and have more than a dozen office desks with partitions. However, the foundation has just begun to operate, and the young people at the door have included, with only four employees.

This is the office location of the Anderson Foundation and the Pacific Film Investment Foundation. Both foundations are currently managed by Scott.

Of course, all expenses are out of the Pacific Film Investment Foundation's account.

Unfortunately, the Pacific Film Investment Foundation still has only two partners, namely Ronan and Tony Koch.

Tom Cruise and Will Smith also expressed their intention to become partners, and Ronan was also willing to accept their investments, but both of them were investing in movies they starred in, and the actual working capital they could withdraw was limited. The Pacific Foundation wanted to raise a large amount of funds, but its eyes were still aimed at overseas tycoons.

Ronan’s personal investment foundation, all the funds come from him, and Scott is also directly responsible for him.

Entering Scott's office, Ronan sat on a single sofa, with Scott sitting next to him.

Ronan did not talk nonsense, went straight to the topic and asked: "How is the situation in the stock market?"

Scott said: "The Washington authorities have been taking strong measures to rescue the market. After more than half a month of efforts, the stock market has begun to show results recently. The stock market has gradually stabilized five days ago, and the stock index began to rise three days ago. Although the rise is very slow, this signal can give Wall Street and investors great confidence. I believe that for a long time in the future, the general trend of the stock market should be a steady recovery."

"Yes." Luo Nan was not a professional, just said: "The stock market cannot fall forever, this is normal."

If the fall continues to fall thousands of miles, the most anxious thing is the Washington authorities.

Scott said seriously: "This recovery period should last for two to three years."

Ronan also felt it was possible, so he turned to ask: "Where is the foundation's capital investment?"

Scott knew that Ronan was asking about the $65 million, and immediately replied: "In the past twelve days, I have invested all $65 million, of which $45 million is used to buy Apple's shares and $20 million has acquired some shares in Amazon."

He further said: "By both stocks have risen to varying degrees due to our acquisition. Especially Apple, if I hadn't bought the shares in the hands of a small shareholder, the rise would have been more."

Ronan understood this was a normal market reaction and said, "Good done."

Now Apple's single stock price is only $1.25, and its overall market value is less than $6 billion. If it were not for trading with small shareholders, Scott would not be able to buy such a huge amount of Apple stock in a short period of time.

Having said that, Apple is really about to bottom out now, who would have thought that Apple's stock price would be so low?

Even if Apple announced a few months ago that it would release a new music player by the end of October, it would not stimulate the stock market and bring confidence to investors.

Amazon is not much better. Since the bursting of the Internet bubble last year, it has not recovered, and the single stock price hovered around $6.

Scott said at this time: "On the 23rd of this month, Apple officially released a new generation of music player ipods. Most people are not optimistic. No new products Apple has launched since the early 1990s to the present have been truly successful."

He glanced at Ronan: "If this product can be successful, Apple may get rid of its current predicament and its stock price will rise slowly."

Ronan couldn't find any words, but he was still the same: "I believe Steve Jobs will bring success to Apple."

If nothing unexpected happens, the ipod will change Apple's situation, allowing Steve Jobs to continue to take charge of Apple until the famous kidney machine is released, and then the apple soars into the sky.

Unfortunately, Steve Jobs died a little early.

I read some news reports in my previous life. It is said that Steve Jobs did not trust Western medicine. After getting cancer, he used some magical methods to treat it.

Perhaps, Steve Jobs' death is not a bad thing, at least it has saved many people's kidneys.

"There is a small shareholder in Amazon who has about 0.4% of the shares." Scott said: "He called me yesterday to ask if he was interested in buying the shares he had."

Luo Nan raised his eyebrows slightly and said, "Buy it."

Scott smiled and said, "The foundation has no funds on the books."

Luo Nan pondered for a few seconds and said, "I will solve the problem of funds." It is not difficult to mobilize funds from Relativity Entertainment, but considering the investment and acquisition that will be carried out soon in the next step, he felt it would be more appropriate to borrow from the bank: "You keep in touch with the other party, I will go to the bank to borrow."

He also said: "Apart from completing the acquisition, the remaining part will be replaced with Apple's stock."

Scott knew Ronan had made up his mind and said, "Okay." He then turned to, "The Movie Foundation has also begun to operate officially, and the funding problem..."

Ronan said: "I am responsible for solving the funds."

He has contacted several financial institutions and entertainment companies in the island country and South Korea through the overseas office of Embassy Films. The two sides are in preliminary contact. If everything goes well, after the busy period, they can fly over to talk to the other party in person.

The money from overseas investors is easy to use.

Scott asked, "Do you need me to do anything?"

Ronan thought for a moment and said, "You can go with me at that time."

In addition to island countries and South Korea, the Indian Mountain Foundation also intends to continue to cooperate with Shahai Entertainment.

"Spy Shadows" in which the two sides cooperated for the first time has achieved great success. Although it has not yet been settled, investment profits are inevitable, which can also effectively attract the mountain foundation to continue to invest.

Shahai Entertainment will invest more and more large-scale productions, and the funds required are astronomical. Continuing external financing is the most suitable way to operate.

If you only rely on Relativity Entertainment, you have to squeeze out working capital, and other plans will face a situation where there is no money available.

He also discussed some of the foundation's operations with Scott. Ronan left the office and came downstairs to get in the car, asking David, who was driving, to go directly to Bank of America. On the way, he contacted Judith, who was specifically responsible for the docking of the bank.

When he arrived at the bank, Judith was already waiting near the door to greet him and took Ronan directly into his office.

"Mr. Anderson." Judith's face was full of passionate smile: "Welcome to Bank of America again."

Ronan said with a smile: "Every time I come here, I can think of the heavy debt I bear."

Judith smiled and said, "This is not a burden for you, you can erase it with a wave of your hand."

"I'm here this time and I need a loan." Ronan said directly without answering her words: "Personal loan."

Judith said without thinking, "No problem, how much is needed?"

The other party returned all the first few loans on time, and both assets and credit are the best customers.

Ronan said without hesitation: "At least $30 million, the more the better."

"The loan amount is a bit too much," Judith said the truth: "Mr. Anderson, such a high personal loan requires a mortgage."

Ronan opened the briefcase and placed the information he had prepared before in front of Judith: "This is my personal income proof of the past two years. My future income will only increase and I will use my personal income for the next three years as collateral."

Judith picked up the information, looked through it carefully, and after reading it, she said, "There should be no problem. I will submit it for review as soon as possible and go through the loan procedures today?"

Luo An nodded: "The faster the better."

Judith said again: "It will take about three to five days of review."

Luo Nan knew that the bank's lending procedures were relatively strict, even for an old customer like him.

With Judith's assistance, Ronan quickly completed some necessary procedures and used his personal income in the next three years as collateral to apply for a personal loan of US$35 million from the bank.

All this funds will be spent on the Anderson Foundation investment.

After the funds are in place, Ronan will still hand over the subsequent investment matters to Scott.

On the way back, Ronan received a call, and British actor Christian Bale accepted the invitation from the crew and would attend the audition of the little blacksmith the day after tomorrow.
Chapter completed!
Prev Index    Favorite Next