Legendary merchant

Although Enron's stocks were created by the exchange, although all people were clearly known, but when they truly happened, it was still inevitable to cause a lot of panic, and it was really impact.

Enron's bankruptcy fraud incidents have attracted great vibrations in the country of the country, and the case involves a large number of government members and parliamentarians will also make the retirement funds of teachers, firefighters and some government employees. 10 billion yuan, and More terrible is that Enron's incidents have fundamentally shaken US investors confidence.

At this time, Chen Fan has received the latest news from Zhangquan. They have discovered a number of financial institutions including Mei Lin and Ruili, who are bid for the electricity and natural gas trading department of Enron.

Yes, although many people are coveted with the assets left by Enran, but the first financial institutions represented by Wall Street is the first and Wall Street. They are eager to get the attitude of the Enron's trading department. Expose it.

When I saw this news, Chen Fan's mouth just hangs a laugh. This is just that some of their guess before, although it is not necessarily the hand of Enron's company, but the incident happens to the present, they must have in the back.

Other assets of Enron have still been operated, and there is no other preparation for continuing to splitly sell, it seems that the current asset manager and the high-rise of Enron have transferred their attention to the sale of the trading department, perhaps I want to open the first gun.

After the peaceful stock was released for two weeks, Chen Fan suddenly received a call from Zhang Quan, and the Global Telecom Company will apply for bankruptcy protection to the local court in the morning of the local time in the morning.

"Yes, Chen, Chen, the news has been determined, and there must be, and the Xiangjiang Industrial will also announce to the outside world. They intend to save global telecommunications, just before the company's board of directors decided to apply for bankrupt, the representative of Xiangjiang Industry also and the company's board of directors and high There is a secret talk about it, and the content of the conversation is unknown, but the board of directors agreed to the company's application for bankrupt documents. "

Zhang Quan said that he knew in the phone, the news camerew very sudden, before the market has been strengthened with this news, but after all, there is no truly, but it is clear that it is about to happen.

It is also because of this impact. During this time, the stock price of Global Telecom has continued to plunge, and the previous ten meters of rice has fallen to now only less than 2 yard prices.

During this time, Chen Fan actually pays attention to the follow-up action of Enron. Although the negotiations in the trading department seem to have not completed, the current management of Enron has determined that the electricity department of Enron will also be divided into three companies.

In this way, Enron's current most valuable assets are generally divided into five, in addition to the transaction departments of many financial institutions, there is also a natural gas pipeline department, and have received at least two peers acquisition requests, so large The probability will also be sold.

The rest is the three power companies that will be completed in the future, and they may be sold or they may continue.

And the rest of the assets can only be aurated, after all, in most people, these are garbage assets.

Of course, this is all, even if it is already talking, it is also necessary to pass the consent of the creditor's conference. After all, the cash recovered is to pay attention to the debt. So far, the debt of Enron's exposure is also very scared, and the LGM2 fund is also. Similar related companies have been discovered more than 800, most of them exist in the trust fund.

However, so far, the three power companies have a lot of contact, but there is no one officially proposed the acquisition negotiation.

Chen Fan has also contacted the people of oak capital and Enron. In fact, he was also asked by Wang Di and others in a small circle.

However, no matter whether it is Wang Er and Zhang Jianjun, or someone else, it is not interested in the electricity assets left by Enron, and their roots are mainly in the country, and there is no idea of ​​large-scale overseas investment.

Chen Fan may be among them, the only one seems to be a bit passionate about investing overseas markets.

Of course, maybe Wang Di also also seen Chen Fan actually hidden very deeply, but everyone didn't break it.

"Xiao Jing, our overseas people, fully help Xiaofan bidding that power plant, actually good, although this asset is very difficult, but steady, there is no problem, you want to acquire public business enterprises. Yes, it is worthy of investment. "

In fact, in the investment project of Wang Di's circle, there is also a utility company in many major cities in China. All of these companies are in the control of Zhang Jianjun, but of course they will sell this kind of chicken that can continue. Give Chen Fan.

Moreover, did Chen Fan have you found a goal?

He wants to eat the assets that the South Investment Group may sell, this will not move their cake, so fully support Chen Fan's plan will be sympathy.

At this time, the Southern Investment Group is not negotiating with the Huashang Bank, and many banks headed by the four major banks, have put forward the demand for loans to the South Investment Group. Now it is a public city.

At night, Chen Fan went to the oak capital, this time he didn't go to the trading room, because there was no trading project, he came to see the latest news, so the Zhangquan office will go directly.

There is no abnormal situation, before opening the rice stock market, the Global Telecom has submitted the bankruptcy protection application to the court, and the court is also accepted, there is no reason to refuse.

The bankruptcy is also an asset and 12.4 billion mm debt of 22.4 billion yuan, it has become the largest bankruptcy case in the history of global telecommunications. The fourth largest bankruptcy case since the Bank of China's bankruptcy law, the top three are Enron Company, Derse Ancient and American Financial Corporation.

The movement of Chen Fan's attention to the Xiangjiang Industrial has also been found in the first time. After the publication of the publication of bankruptcy protection, the representative of Xiangjiang Industrial announced the plan of the Xiangjiang Industry.

Xiangjiang Industrial Program has been purchasing 75% of the shares of Global Telecom, and the company's creditors can receive 21% of the new company, as well as 300 million mm and 800 million mm bonds.

However, this value clearly did not meet the claimant's claim. In an hour after the news announced, many global telecommunications's creditor's creditor banks did not accept this program because they lost too much.

The creditor of Ten billion meters is only 10%, which is not acceptable anyway.

Although the stock exchange has emergently stopped the stock trading of global telecom, the newspaper is too significant, and the news is too significant. In order to avoid the loss of investors, they stop today's stock trading, but will be tomorrow Restore transactions.

That is, this suspension of transaction limits is only temporary, and the time of the day is enough to let all the investors of Global Telecom know, so restore transactions tomorrow, you can avoid the mistakes that have nothing to do. Buy or sell Global telecom stock.

It also broke the market before the sound of global telecommunications is to end the trading. After all, the listing of the listing of a company is strict, and the current situation of global telecom is clearly not within this range.

Although the quotation given by Xiangjiang Industry is actually in the market investors, there is no meaning, because in the end, they can't get anything, of course, it will be so little, that is, the price of Xiangjiang Industry, 21% of shares and 300 million mm cash and 800 million mm bonds.

They can also be divided into a point as a investor.

Because of the suspension, it seems that global telecom has a market value of billion meters, but all investors are clear. After tomorrow, after the opening of the market, the stock price of global telecom must definitely fall into the 1-meter, without any way can save. The stock price.

The final stock value involves how much share in the price of these investors can have in the price of Xiangjiang Industry, then the share price may be more than 1 meter, and the share is less. Maybe nothing.

With the spokesperson of several banks, some network equipment manufacturers who have huge amounts of goods for global telecommunications companies have also been opposed.

Through this offer, most people see that Xiangjiang Industrial The valuation of the huge seabed cable of Global Telecom is really low, although it is the time to lay them, spend hundreds of millions of meters, but now According to the offer given by Xiangjiang Industry, their value is only more than $ 100 billion, which is obviously unacceptable.

As the private person of the world's first submarine cable, Global Telecom has mastered a huge fiber network connected to 27 countries and regions, more than 200 major cities. This is a huge amount of wealth of mouth-watering, how can it be so cheap Hua Guo businessman.

"How much is this company?"

Chen Fan also looked at the quotation given by Xiangjiang Industrial, and felt a little incredible.

Before, Chen Fan thought that the Xiangjiang industry had to prepare a three or 5 billion meters of rice yuan to match his value, but the source of intelligence is clearly displayed, the value of Xiangjiang Industrial's Evaluation of Global Telecom No more than $ 2 billion.

At this time, Zhang Qi suddenly smiled at this time. "I don't know how much Global Telecom is worth, but it is certain that the debt of the 12.4 billion yuan, the company is announced, then it will only be less, Specific numbers can only see if the company has false accounts like Enron. "

"But this reorganization plan includes 21% of the company's shares and cash and bonds, and this money is to pin the debt of $ 12.4 billion."

Chen Fan said on the side.

"This is just a plan, and the creditor will not easily learn. If there is any other incident, it is basically impossible to reach an agreement."

Zhang Quan continued.

To be honest, before Chen Fan has always planned to win a power plant, for you, prepare an asset that sustainable profitability can continue to stabilize profitability.

But now, when he saw this rotten stall left with Global Telecom, he suddenly felt that the fiber network seems to be more worth more money, more worth investing.

The key is that the offer given by Xiangjiang Industrial is so low, but you can eat it.

Before I bought the power plant assets split down, even the minimum, according to the current news, the value is also above 37 billion meters, and the final transaction price may reach 4.2 billion meters.

Chen Fan has money to complete this trading, but after completing the transaction, there is not much in his cash.

"You said, if I put the offer for the debuses, I will get the consent of these people?"

Chen Fan suddenly asked.

At this time, the turn is a bit stupid, and the debt of 12.4 billion meters must make the creditor agree to withdraw the price pen account. How much is this, who knows, so many creditors.

However, at this time, Zhang Qi can only say some similar cases before: "It is estimated that at least 30% or 40%, that is, it takes 3 billion to 5 billion meters, and the creditors are likely to accept."

"I will win this network, can you make money without liability?"

Chen Fan asked again.

"This is not good, according to the report on the country, global telecommunications is mainly income, and their network usage is low. Of course, there is also a rumor that the revenue of them now is actually water, they And Quist seems to be a summary income. "

Zhang Quan frowned.

"How to make fake accounts? Their income should not be charged directly from the user?"

Chen Fan asked, there is a little surprised in my heart.

"There is no direct business between global telecommunications and Quest, but Quist has acquired Western Migi, which is also a company providing data services, which is said to be linked.

It has been reported that they have exchanged for a capacity of 100 million meters last year. It is probably that I use your capacity. You use my capacity, both sides issued a bill 100 million checks, so everyone has increased by 100 million meters. Yuan is income.

It is said that similar operations are not only with Quist, and there are other companies have also made similar transactions. "

Zhang Quan thought that he said, but it seems to remember what came, get up in the folder next to his desk, soon, I will find something, then I will hand it to Chen Fan.

"Mr. Chen, this is some companies that have been bankrupt in the last two years, most of which are companies involving communications services, you know, after the scientific stock bubble is shattered, there are many companies that are bankrupt, and many listed companies have disappeared."

Chen Fan took the information from Zhang Quan's information. In another telecommunications company's bankruptcy case, the securities holder began to get 560 million meters and 14% of the priority stocks, but after negotiation, they finally Get 670 million yuan of cash and billion-yuan priority stocks, and you can also purchase 6% of the company's shareholders.

In another telecommunications company Kowova's bankruptcy case, ordinary shareholders received 80% of the stocks of recombinant companies, but the company's debt was less, but cash flow was broken.