legendary trader

Chapter 868 869 Progress (thanks to all readers, and to all friends who rewarded monthly and recommended tickets)

After leaving Oak Capital, Chen Fan went directly back to Baorun Garden, and he planned to go to the company tomorrow.

Arrived in the imperial capital last night, after a night of rest, I went directly to Oaktree Capital to find Zhang Quan to understand the situation, because he thought that the investment in the United States might be over, so he stayed in Europe for a longer time, and stayed for nearly It took a month until receiving news from Zhang Quan that Enron's reorganization plan had changed drastically, and it seemed that there was an opportunity, so they hurried back.

After a night's rest, Chen Fan walked into Chaofan Investment's headquarters building in the Imperial Capital, and soon came to his office.

After the graceful secretary brought in the brewed green tea, Chen Fan told him to call Xie Kai.

In fact, I already contacted Xie Kai once yesterday, because I stayed with Oak Capital for a little longer, so I made an appointment to meet today. After all, some things seem to be very important, but in fact it is not too late. of.

As for the reason for being called Xie Kai, it is naturally to understand the previous contact with the people of the Southern Investment Group in the imperial capital.

Yesterday, Chen Fan had obtained information from Zhang Quan that the Southern Investment Group had taken action against the four subsidiaries of Enron, and they were all targeting three power plant assets in California and one power plant asset in New York State. After all, this is the US economy. One of the most developed regions, it is obvious that the Southern Investment Group also wants to seize leading assets.

However, other companies want to win the leader they are looking at. Naturally, they face many more competitors, and the pressure of competition has become very high.

Although part of the assets of Prisma Energy International Co., Ltd. is located in California, the share is relatively small, including the situation in Texas, so it has been ignored.

However, Chen Fan still hopes to acquire this asset as soon as possible to save nights and dreams. God knows whether those companies that fail in the competition will shift their competition targets. Therefore, Chen Fan's task for Zhang Quan is to find a good person as soon as possible and start the acquisition negotiation.

And because of Southern Investment Group's acquisition of Enron's assets, financial institutions such as Chinese Commercial Bank and Huaxin Bank have suspended their loan negotiations with Southern Investment Group in the past two weeks.

For the syndicate, if the Southern Investment Group can really successfully acquire some assets in the United States, the Southern Group will naturally find them to discuss the mortgage loan business of these assets. Variety.

Although the Southern Investment Group did not disclose the details of the asset purchase to them, they could guess that it must be a quality asset, otherwise it would be impossible to obtain credit from the bank, and they would not dare to sign the contract in that case.

Therefore, they have begun to wait, waiting for the Southern Investment Group to submit a report on the acquisition of assets to them, and then adjust their attitude.

Because they already know very well that once the Southern Investment Group successfully acquires the assets of Enron, the group's funds will definitely be tight again, and it will be impossible for the two parties to reach a loan reduction agreement. Not only can they not reduce the loan, but they will also apply for an increase in the loan.

On the contrary, once the Southern Investment Group fails to buy the desired assets, the Southern Investment Group will spit out part of the huge amount of funds hoarded before and reduce the loan amount.

On this issue, the banks have reached an agreement privately.

Before making Chen Fan wait too long, Xie Kai walked in.

After being notified by the secretary of the president's office, he came here with the documents.

"Tell me about the situation."

After the secretary brought the tea to Xie Kai, Chen Fan said.

"Some time ago, Shao Qianwen from the Southern Group suddenly contacted me and asked what kind of assets we wanted to buy, so I told her that I wanted to set up a utility department and acquire some projects that could make stable and sustainable profits.

After waiting for two days, she sent me a document, which contained the information of two domestic water companies and three gas companies, I arranged for someone to investigate, and their quotations are a little bit."

Immediately, Xie Kai opened his mouth to explain the previous situation. He had already briefly reported the situation to Chen Fan on the phone, but this time it was naturally much more detailed.

"Tianjing's water and gas companies are not bad. It's right next to the imperial capital. The water plants and gas companies in the other three different areas don't matter. I think Tianjing's assets are good. What do you think?"

Chen Fan laughed after listening to Xie Kai's report.

"I didn't pay special attention to this. For such an investment, as long as the local economy develops well, the investment is worthwhile."

Xie Kai said that he didn't fully agree with what Chen Fan said.

"Tell me, what do you think, and why these items are given."

Chen Fan put away his smile and asked.

"I guess the few projects given this time are still being tested. You see, Tianjing's water company and gas company have relatively high prices, with a total value of close to 20 billion, while the other three projects range from tens of millions to Hundreds of millions, it feels very layered and representative, and it seems to be testing our appetite."

Xie Kai replied seriously.

"Do you think we can win those two projects in Tianjing?"

Chen Fan nodded slightly, and then asked again.

"It's hard to say, the bank doesn't seem to have discussed loan repayment with the Southern Group recently.

At this time, they contacted us and asked us what we meant. Maybe one was to test whether we really had the determination to enter the public utility, and the other was to arrange a backup in advance.

Once the bank still wants to force the loan, if their company is really short of money, maybe they will actually sell this part of the assets.

And if there is no other way, I think that the transaction may not be completed in the end. After all, not only the transaction price needs to be negotiated, but also other conditions. The acquisition negotiation takes a long time from the beginning to the signing of the contract. interrupted for some reason. "

Xie Kai already knew the current situation of the Southern Investment Group, so although Shao Qianwen contacted him and expressed his intention to trade some assets, Xie Kai also doubted that this was just a casual move by the Southern Investment Group, and whether it could really be completed in the end The transaction depends on the progress of their acquisitions in the United States.

"If it's a test, let's let them see our strength. Let's just talk about the water and gas assets of Tianjing City. I'm very interested, more than one billion, we have this money."

Speaking of this, Chen Fan hesitated a little, and then said to Xie Kai: "You start negotiating with them as soon as possible, some unimportant conditions don't matter, we can make concessions, just confirm their determination to sell as soon as possible, and urge them to sign the contract .”

After finishing speaking, Chen Fan picked up the tea on the table and took a sip, and then said: "Negotiations should be pragmatic. There is no need to ask for prices and pay back the money. If they deliberately delay the negotiation time, we will use the termination of the negotiation as a threat to pay. In terms of conditions, we can give them sweetness, and they can pay the full amount after handing over all the assets. The only thing that needs to be clarified is the creditor's rights and debts. We don't want them, and they will handle them themselves."

After hearing Chen Fan's request, Xie Kai knew that he might start moving today.

Thanks to their multiple investment projects in the past two years, Chaofan Investment's acquisition negotiation team in the imperial capital is well-managed, and today they can pull up a team.

Thinking of this, Xie Kai stood up and said, "Then Mr. Chen, I will contact Mr. Shao today to start the transaction negotiation as soon as possible."

"Well, go ahead and do it."

Chen Fan nodded and said to Xie Kai.

Chen Fan believed that Southern Investment Group's acquisition of Enron's assets would not end so quickly. If he sold their domestic assets, he would definitely not be able to play with them.

If they didn't trade with peace of mind and wanted to drag themselves into the future, they wouldn't be such good people and just spend money on other assets.

Chen Fan already knows that the real estate prices in Huaguo have started to fall in the past year, and the sales area has also dropped by [-]%. Some domestic companies have too much capital in the real estate industry, and there are signs of a broken capital chain in the short term, so the sale of assets has already begun. It is imperative.

He also heard from Zhang Quan that many water plants and gas companies in small and medium-sized cities are looking for buyers to cash in, just because the market is small and the prices are mostly around [-] million yuan.

The price of the gas company is slightly higher, while the price of the water company is much cheaper, and there are also several million. Most of these are a city's market that is divided by several peers.

For such scattered projects, Chen Fan had little interest in investing money. He only planned to monopolize public utility projects in a certain city. The reason is divided into several independent pipe networks.

When Xie Kai turned around and was about to leave, Chen Fan remembered Zhang Quan's document, and then stopped Xie Kai, handed the document to him, and asked him to find someone to evaluate the value of the project first. If he thinks it is okay, he can also arrange people in the past to contact.

After Xie Kai went out, Chen Fan planned to go to Zheng Xiaopang's side to see the progress of Maojian shares.

Chen Fan contacted him after he came back the day before yesterday, and had dinner at his home, but he didn't mention Maojian shares at that time, but was talking about Chaofan's investment in the acquisition of public utility assets.

Zheng Xiaopang also knows that it is very troublesome to operate a project when there is little money, but it is actually troublesome when there is a lot of money, because the project cannot be enlarged or reduced at will according to the amount of money.

If a project is to start operation, it is not decided by patting your head. At least you need to make a feasibility study report first to see the value of the project. Of course, there is no problem if it is profitable. It is worth discussing.

In the past, the website he and Chen Fan worked on was originally made by the two of them personally, but later Liu Ying felt that the company was rich, so there was no need to manage it independently, and it was better to incorporate it into the company.

Zheng Xiaopang thought it was good. If the company has money, he would use the company to pay directly. Otherwise, when the company needs money in the future, he and Chen Fan's bank accounts would have to be withdrawn, which is troublesome.

So I just talked to Zhang Ping and Zhang Yang, and the two naturally had no objections, so they went on like this.

As for how to spend the extra money, Zheng Xiaopang has actually considered it before, including whether to share dividends or make financial investments.

Knowing that Chen Fan planned to acquire a public utility company, Zheng Xiaopang felt that it could still be done.

This industry is a typical small profit but quick turnover, profits will not skyrocket but generally will not lose money.

Of course, short-term losses are still possible in special circumstances, but in the long run, it is just a matter of earning more and earning less, so naturally I have no objection.

There is nothing wrong now, just look at Zheng Xiaopang earlier, thinking of this, Chen Fan got up and walked out, but before reaching the door, the phone in his pocket rang.

Chen Fan pulled it out and looked at it, his eyes narrowed slightly, it was Zhang Quan calling.

However, Chen Fan also immediately picked up the phone, no matter what happened again, he must answer it first and listen.

Maybe it's because of the conditioned reflex developed over time, when Chen Fan saw Zhang Quan's call, he would subconsciously think that there was new news from the United States, and it seemed urgent.

"Hey, Mr. Chen, I'm Zhang Quan. I've contacted the people from Deloitte Management Consulting Company. Their supervisor will arrive in the capital later today. At that time, they may need to complete the signing of the entrustment agreement as soon as possible."

Originally, Chen Fan thought it was something happened with Enron Company, but when he heard Zhang Quan's voice on the phone, Chen Fan realized that it happened yesterday, and asked him to contact the professional acquisition team to carry out the acquisition operation. It's gone.

"Okay, you can arrange a reception banquet or something first. When the time comes, give me a call. I have time. I can discuss the entrustment at any time."

After realizing that it was the matter, Chen Fan immediately agreed.

After hanging up the phone, Chen Fan went to Zheng Xiaopang's trading room while thinking about this Deloitte Consulting Company. It sounded familiar, but he really couldn't remember where he heard this name.

Walking in the corridor, he saw Xie Kai standing at the door of his office talking to his secretary, and soon the secretary turned around and went to his office.

And Xie Kai was about to go back to his office, when he turned his head and saw Chen Fan coming, he nodded and said, "President Chen, are you going out?"

Xie Kai thought that Chen Fan had arranged the company's affairs, and he was going home to wait.

"I'll go to Mr. Zheng's place to have a look."

Chen Fan smiled and continued walking, but when he was about to pass Xie Kai, he suddenly stopped and asked, "Mr. Xie, have you heard of Deloitte Management Consulting Company?"

"Deloitte Consulting?"

Xie Kai immediately showed a puzzled expression, and then thoughtfully said: "I have never contacted or heard of Deloitte Management Consulting Company, but I have heard of Deloitte International Accounting Firm a little bit, does it feel like this?" Subsidiaries of this firm?"

"Big Five?"

When Xie Kai mentioned Deloitte International Accounting Firm, Chen Fan suddenly understood. When he read Enron's information, he saw the names of the top five accounting firms in the world, and it seemed that he saw them there.

Probably because the word "Deloitte" made him feel familiar, so he didn't think about it for a while. The company in the United States probably has something to do with it.

Chen Fan nodded and said with a smile: "It should be. By the way, is Mr. Xie free tonight? I have a personal matter to discuss tonight, and Mr. Xie may need to help me check it out at that time."

(End of this chapter)