America: My Time

Chapter 403 Impact of the Sale of Shares

Chapter 403 The Impact of the Sale of Shares

"This time, our investment timeline is very tight because Western Energy is under great pressure and has too much debt. We need to get the refinery up and running as quickly as possible. So we will conduct inspections at the same time. And if the investment is confirmed, we need support. In terms of technology, we are using the most advanced technology in Japan to complete the construction of the refinery in the shortest time. We just need strong support in terms of manpower. If the inspection is successful, we can even invest in the other six major refineries in China!"

Although it was only a preliminary agreement, the Consul General found it extremely difficult for John to make such a decision in such a short time. After all, this was not a small investment, but involved billions of dollars. Anyone would have to consider such an investment carefully, but this young man made the decision directly.

To many, such a decision is too crazy and unbelievable, but in John's eyes, it is an investment like a gold mine. As long as it succeeds, any amount of effort is worthwhile, and he can make money while lying down in the future.

Of course, it will take time and investigation to finalize the investment, but John will not give up as long as there is an opportunity. Moreover, his cash flow is not as dangerous as those guys imagine. He can invest his income from other sources into this crazy investment, which is also the best way to transfer wealth.

Last year, Forbes had its eye on me, but they couldn't determine how much I had assets or how staggering my liabilities were, so they had to give up. Behind my assets was just a question mark. Now, things are probably different. The listing of Game World and Dream World will attract a lot of attention.

After the conversation ended, John immediately took action, mobilizing his personnel in Southeast Asia. Time was of the essence, and he couldn't afford to waste any more time. If the investment in China could be secured, the Southeast Asian plans could be put on hold for the time being.

Soon, Quantum Mining, Western Energy, and the shipping company sprang into action, embarking on their inspection tour in China. At the same time, John was also in constant communication with Japanese banks regarding the development of Western Energy, hoping to obtain more funding from these companies.

When John turned his attention to the oil industry, South Korea finally couldn't hold on any longer and had to give in. Their repeated attempts to participate in Hughes' projects had failed, and now even their attempt to use Quantum Mining's iron ore mines in Australia to lower iron ore prices had failed, not to mention the impact on their own exports to North America.

In a short period of time, South Korea suffered heavy losses, forcing them to back down. If they did not back down, the consequences would be even more severe, and their economic development would fall into difficulties. Without exports, they would not be able to obtain the development funds they needed.

Being targeted by two major media conglomerates, Legendary Entertainment and Phoenix Media, puts them under immense pressure. These guys are no longer interested in participating in Hughes's global satellite positioning project; their focus is now on how to escape their current predicament. Compromise is the only option, and all their ulterior motives have vanished.

"The Koreans have backed down and are willing to accept our oil refinery investment project in Busan?"

Upon hearing this news from Western Energy, a hint of disdain flashed in John's eyes. If the Koreans weren't desperate, they wouldn't have backed down like this. Unfortunately, they arrived too late. If it weren't for his conversation with the Consul General in San Francisco, John might have agreed to Western Energy's continued investment plan in Busan. Now, the plan seems unimportant.

"It's too late. We no longer need this investment project. We have a better direction. Compared to China, the potential of South Korea is negligible. We don't need to waste our energy on them and reject their requests. Now we need to focus our energy on China. Everything else can be put aside!"

South Korea's market is so small that it's not worth John's attention at all. Besides, he's currently in control, so there's no need to give South Korea any face. Western Energy's resources are limited, so the best approach under these circumstances is to concentrate its efforts.

South Korea has never been John's focus, at least not now; these guys are anything but honest. John doesn't have time to deal with them right now, and doesn't want to waste his time and energy. Even if these guys genuinely want to back down, they'll have to wait until his investment with China is finished; everything else can wait in the face of this investment.

Of course, this sudden turn of events also affected John's plans, forcing him to release a portion of his game world shares. Although it wasn't a large amount, it excited many people, leading to a frenzy of competition for game world shares and the perception that John was facing financial difficulties. "Our plan was right! That little fox John finally couldn't hold on any longer and had to release a small portion of his game world shares. If we could increase our efforts a bit more, perhaps we could reap even greater rewards. This investment in game world shares is just the beginning; more shares will follow!"

"That's true, but I always feel there's something wrong. Haven't those guys in Japan been supporting John, that little fox? Wasn't his acquisition of our assets in the Permian Basin financed by a loan from the Bank of Japan? Even with investments in two ports in Southeast Asia, there's no need for this kind of pressure to make that little fox release a portion of his game world shares. Is there something we haven't figured out? What tricks is John playing this time?"

Once bitten, twice shy! Among these old fellows, many were terrified by John's insane scheming. When this situation arose, their first thought was of a conspiracy. Could this be one of John's tricks?

“That’s right. With John’s funds, there’s no need for him to do something like this. He has plenty of spare cash, unless he has investments we don’t know about.”

"Could it be that John, that little fox, has already finalized Western Energy's investment plans for the other six major oil refineries in Asia, which is why he's in such a hurry to sell a portion of his shares in the game world, just to get the funds he wants?"

"It's not impossible, but we need to verify it. At the very least, we need to know where this little fox plans to invest and build a factory. South Korea is currently yielding to him, so perhaps South Korea is a target. Japan's second oil refinery is also in the works, but where will the other refineries be located?"

"Could it be China? John, that little fox, is investing more and more in China, and it's doing quite well. Perhaps he's set his sights on China again!" Soon, someone thought of China and made this guess.

"Impossible, absolutely impossible. John isn't a fool. He wouldn't invest so much money in China. If something goes wrong, his losses would be huge. If he put all these investments in China, it would be a third of John's overseas assets. Do you think he would dare to do that?"

“I think it’s possible that we might have some concerns, but John, that little fox, probably doesn’t have as many concerns. After all, his methods have always been like this. I think it’s very likely that this little guy is making preparations, and perhaps he will make his previous promises again.”

"Impossible. He can't afford such a promise. This is the petrochemical industry. Such a promise would result in enormous losses for him. Western Energy is already burdened with considerable debt, especially the acquisition of the Permian Basin, which has left this little guy with huge loans. How could he dare to make such a promise under these circumstances?"

This statement isn't entirely without merit. Given John's current situation, making such a decision is indeed inappropriate. It would plunge Western Energy into a development predicament, and even the slightest market change could cause a devastating disaster for Western Energy, which doesn't currently possess the necessary capital.

At this point, everyone unconsciously forgot about John's investment in the gas-fired power plant, and the photovoltaic and wind power investments he had previously proposed. In their eyes, these were all minor matters, insignificant compared to the huge debts Western Energy was currently burdened with. In their view, John's previous investment in gas-fired power generation was merely an attempt to find an opportunity to enter the energy industry. Now that John, the little fox, had obtained his ticket to the game, there was no need for further investment.

These guys are mistaken. John has no such idea. The sale of Game World shares is not only to alleviate Western Energy's cash flow problems, but also to further invest more in the power sector. The investment in gas-fired power plants will not only benefit Western Energy's own development, but also promote inclusive development.

Trading the gaming world for the expansion of gas-fired power generation seems a bit crazy and unacceptable now, but it may not be so in the long run. Moreover, there are always trade-offs. While the development of the gaming world is quite good, John values ​​the investment in electricity more. This will allow him to acquire the Permian oil field and provide a better export for that natural gas. It can be said that such an investment is of great benefit to the entire Western Energy sector.

Many people only saw John's insufficient cash flow and thought it was a decision John made to ease his cash flow. In fact, they were all wrong. This was John's sacrifice for the development of western energy. There are gains and losses. Although the Bank of Japan can give him more loans, he cannot completely put his cash flow under the control of the Bank of Japan. He needs to make more preparations. At least his cash flow cannot have any problems. This is a necessary sacrifice.

(End of this chapter)