Chapter 365 'The Lord of the Rings' opens in the United States
Qi Yafei said sincerely, "Do your own calculations. Except for Atlantic Business Machines and Corning, almost no company can contribute stable revenue. Once such a large consortium falls into a liquidity crisis, the consequences will be dire.
Although Atlantic Jinko's profits are high, its infrastructure investment is also huge. The two ten-inch wafer fabs that are under construction have almost eaten up all the profits, and they still need subsidies from the consortium.
The competition for LCD projects is even more brutal. Almost all investment in equipment and infrastructure is made by consortiums. Now it seems that there is almost no money to be made after deducting huge depreciation expenses.
Carrefour supermarkets and Pacific Home Appliances chain stores are still in the process of expansion. Tens of billions of yuan in profits a year are spent on infrastructure construction, which will not be basically completed until at least the end of next year.
The situation of Gli Group and Huanghe Technology Group is severe. It is estimated that this year's revenue will be used to expand production and introduce the latest production lines. Don't expect to contribute profits.
The same is true for Pacific Real Estate Company and Côte d'Azur Real Estate Company, plus the dozen or so listed companies in Hong Kong, all of which are digesting the asset package of this cross-border merger and acquisition by HSBC Bank, and will not be able to contribute stable profits within two to three years.
Not to mention Arctic Ocean Company. The Internet high-tech stock market has a huge market value but cannot contribute stable revenue.
Since Athlon merged AMD, the integration work is almost over, and AMD is still in a state of loss. 30% of Athlon's profits are used to make up for the loss, 40% is used for further scientific research and development, 10% is used to increase employee welfare income, and the remaining
A little bit is used as working capital.
Yahoo website, Amazon website, photo gallery website, YouTube website,... plus Red Hat Systems, they are basically all companies that cannot make ends meet. Fortunately, they are all listed companies now, so we do not need to bear this burden.
The situation is really worrying because Atlantic Business Machines and Yangtze Technology Group only rely on profits of more than 20 billion, and they also spend huge amounts of scientific research expenditures to maintain the cash flow of the entire huge consortium.
So after thinking about it, I still want to come here and give you some advice;
It is better to go slowly than to rush."
If you are not a sincere good brother, no one is willing to come out and hit this headblock. It is completely thankless.
Wang Yaocheng took a deep breath of cigar smoke and slowly exhaled it, his whole body became flickering in the blue smoke;
"No matter how much money is spent, I have also considered selling some equity, such as Pixar Animation. They have had good talks with Disney recently, and it is estimated that the deal is close.
If this part of the equity is sold, more than one billion US dollars can be recovered.
You can also sell part of the funds used to hunt for the bottom of the Hong Kong stock market to recover US$6 to US$7 billion.
Coupled with the profit contributions from Atlantic Business Machines and Corning in the fourth fiscal quarter, the consortium's capital pool rose back to US$28-29 billion in early 2001, which should be a reliable figure.
There are many methods for mergers and acquisitions, such as using the equity of HSBC Bank and some cash assets to acquire European bank assets. This is also a reasonable option. The biggest advantage of the consortium enterprise now is that it has no debt and good profitability.
I will seriously consider your suggestions, don't worry! Liquidity is not an issue.
At least before the first fiscal quarter of 2001, there will be no big moves, allowing you to live a good year with peace of mind."
Qi Yafei nodded silently. Since Wang Yaocheng was aware of this problem and did not expand excessively, everything should be within control.
As a good brother, that's all I can do, just give me a reminder.
If you say more, you will cross the line.
"Okay, you know it for yourself, I just want to eat carrots and not worry about it."
"Grass, it smells sour, you are trying to force me to give you an accurate answer!" Wang Yaocheng sounded a bit threatening.
Qi Yafei was not frightened. He said without any fear, "If you want to talk, I will listen. If you want to be bored, I will go home at night and bake pancakes on the kang. I will continue to toss and turn until I fall asleep in the middle of the night. I will bake them tomorrow morning."
I will work for you with panda eyes, if you can see through it, then do it this way."
"You're even going back and forth on the kang to bake pancakes...do you know what a kang is?"
"It's always true that I can't sleep if I have something hidden in my heart."
Tapping on the desk surface with his slender fingers, Wang Yaocheng thought about it and felt that he should give his brothers a clear explanation so that they would not worry all the time.
"Now, there are two professional delegations in Europe that are contacting target banks for mergers and acquisitions. We do not need to acquire large multinational banks, but we just want to improve HSBC's European business map and pay more attention to the role of regional banks.
It is now estimated that Commercial Bank of Madrid is the most likely to close the deal. This is a regional bank with extensive business throughout Spain, Italy, and Greece, with a transaction size of about US$5 billion.
The rest has yet to be determined. The transaction size may be around 15 billion to 40 billion, mainly involving two large German banks. They are currently in preliminary contact and have not made an offer yet.
If the transaction is delayed until the third fiscal quarter of 2001, it will not put too much pressure on the consortium. If this is not possible, some of the stocks held, such as Cisco, can be reduced in order to obtain sufficient cash flow.
Throughout 2001, this was the consortium’s top priority: financial expansion, completing the last piece of the HSBC merger.”
"Don't tease me, where is Africa? And South America?"
"Well...those banks are not worth much."
"I heard that the Strategic Research Department of the Consortium has been studying Standard Bank of South Africa. It is also a big guy, with a market value of more than 30 billion US dollars."
"Research doesn't cost much. If the opportunity isn't suitable, it can be discussed in a few years."
"I believe you are the only one who has ghosts."
"Haha... Tonight, Marvel Studios' annual masterpiece "The Lord of the Rings" officially opens in the United States. I used my relationship with the media industry tycoon Redondo to release it on 4,162 screens in the United States at the same time. It is absolutely a big deal.
, we have to support Lao Pan and Lao Huang."
Wang Yaocheng chuckled and changed the topic without talking about it.
"Marvel Pictures is doing a really good job. Pan Shiyi and Huang Baiming are really good at it, and they are very successful in Hollywood. This year's "Dead Man 2" and "Fast and Furious 2" were box office hits, and our whole family will go there too.
He contributed a few box office hits and the company's market value rose to US$62 billion. He is definitely a talent!"
"In that case, let's see how they finish perfectly in 2000."
"A must."
evening
In the brightly lit Chinese Theater in Los Angeles, guests from all walks of life dressed up to attend the opening ceremony of the United States came in an endless stream. From time to time, famous directors, producers, and male and female movie stars could be seen entering, causing commotion among the audience.
A white Rolls-Royce stopped at the door. Wang Yaocheng got out of the car and was wearing a suit. There was no bow tie on his white shirt, and his expression looked relaxed and comfortable.
He turned around and took the fair hand of Julia Roberts, who was dressed to attend. The two walked side by side on the red carpet, smiling and gesturing to the people around them.
The arrival of the world's richest man, Wang Yaocheng, is the most important celebrity welcomed by China's major theaters. This is to support his film company, which immediately ignited the crowd of onlookers and reporters.
"Boss King, please take a look here, oh, thank you!"
"Please! Could you kiss Miss Julia Roberts? Just gently."
"Here, please stop, I also need an elegant full-body photo."
"Boss King...
The photographers' flashlights kept clicking, as if they wanted to capture their every move on film. News reporters on the sidelines had already stretched out their microphones, requesting on-site interviews.
Wang Yaocheng stood down in a good mood, arousing cheers from the news reporters.
"Let me tell you, each person has one question. They are only allowed to talk about topics related to the movie. Do not ask any other questions. If you ask, I will not answer. I can only express my regret for wasting the opportunity."
"I would like to ask Boss King, the six-part fantasy epic blockbuster "The Lord of the Rings" was shot consecutively, with a total investment of 440 million US dollars. What was the purpose of making such a big bet? When there was no box office performance, you were willing to take such a huge risk.
risk."
"Of course, it is for the entire series of movies to provide a complete and smooth viewing experience. As for the investment of 440 million US dollars, this is nothing to Marvel Entertainment. We are very confident in this epic series of blockbusters.
"
"Director Peter Jackson is completely unknown, so why was he chosen to direct this masterpiece?"
"This is a question for Mr. Huang Baiming, the president of the film company. As far as I know, director Peter Jackson is a very talented and thoughtful director. Marvel Entertainment is not stingy in providing a stage to showcase his talents."
"Excuse me, I heard that you acquired the world-famous best-selling book series "Harry Potter and the Philosopher's Stone". When will it be put on the big screen? Are there any specific shooting plans?"
"To correct a mistake in your question, it was not me who acquired it, but Marvel Entertainment's acquisition of the film and television adaptation rights for this book series. As for when it will be adapted for the big screen, please pay attention to Marvel Entertainment's relevant information disclosures."
"Boss King, do you like fantasy movies very much? It's been a dream since childhood and has always been hidden in your heart. Can you tell me what you think of fantasy movies?"
"cool!"
"Which character in the movies is your favorite? Gandalf the White or the Hobbit? Aragorn or the King of Gondor?"
"I like them all."
…
After hastily dealing with the reporters, Wang Yaocheng held the slender arm of Julia Roberts with a cheerful expression and walked into the Chinese Grand Theater calmly. He was warmly received by Pan Shiyi and Huang Baiming at the door.
The big boss and his rumored girlfriend came to support him in person, and they all felt honored.
As a professional manager, no matter how well the company is run, it still needs the approval of the big boss. One sentence is better than thousands of words of praise from others, and the sense of career satisfaction is unparalleled.
…………
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