Chapter 745 Investment
“There is a probability of not finding it, but it is not high.
The reason is very simple. The current big international background is that the price of iron ore is constantly rising.
< br>In this case, China's private mining companies will need a stable supply of iron ore from Australia.
So FMG can continue to receive iron ore futures orders from China.
< br>
Against the background of rising iron ore prices, private equity and investment banks will continue to provide financing to FMG.
So Forrest has at least one to two years to prospect.
Given Australia’s natural resource endowment, finding iron ore is a high probability. ”
Australia has 23 billion tons of iron ore reserves, with an annual output of hundreds of millions of tons, ranking first in the world in terms of production and reserves.
The probability of finding it is very high.
"To take a step back, it doesn't matter even if FMG fails in the end. There is no 100% profit in investing.
I waved.
"Since Mr. Xu likes it, I will go there next time When you are on a business trip to Huaxia, you must look for better tea for you. ”
Xu Liang glanced at the jar.
Lv Hui handed over a stack of documents.
Xu Liang smiled and said, "Then I'll say thank you first."
After sitting down on the sofa in the reception area.
Forrest picked it up and flipped through it briefly, "Mr. Xu, three days have passed. I believe you have a certain understanding of FMG Company.
Take a deep breath.< br>
The only thing missing now is enough funds to build a 260-kilometer railway connecting the mining area and the port, as well as basic port facilities. As long as the investment is completed, FMG will generate a steady stream of profits.
"One day, FMG will become such an existence."
As the top 5A office building in the Financial City of Sydney, Australia, only top large companies can work here.
You don’t need to spend much money. As long as A$100 million, you can get a tenfold return in the next five years.
Xu Liang took it and took a look at it before placing it in front of Andrew Forrester.
“Okay.”
——
After Andrew got out of the car, he looked at the dazzling Chifley Building in the sun in front of him, with a trace of envy in his eyes.
Over time, he also learned how to judge the future of a company.
“This is the super-grade Dahongpao I bought in China last time. The person who sold it to me said that this is the top black tea produced by the second generation Dahongpao mother tree. I don’t know much about this aspect. I would like to borrow flowers to offer to Buddha today. , for Mr. Xu.”
There will be more in the future.
"Thank you."
In these years of investing, he has read too much information about start-up companies.
"Mr. Forrester, this is the information you gave me last time."
The secretary offered tea.
"Mr. Xu."
And I have obtained iron ore supply agreements for eight steel mills in China for a total of 94 million tons in the next 10 years.
"Mr. Forrester, we meet again."
And you will also receive generous rewards. "
"Mr. Xu, I'll call him right away. ”
At least Andrew Forrester showed me the talents that a successful businessman should have, and FMG also showed me the hope of success, and that’s enough.”
The smile on Andrew's face grew wider.
FMG is a company that he thinks will be relatively good in the future.
"Mr. Forrester, thank you very much for your generosity. I have accepted this jar of Dahongpao."
I bought a lot of it when I went to China on a business trip. "
Xu Liang smiled and said: "Please sit down. ”
"It's my honor to see Mr. Xu again."
As he spoke, he opened the briefcase he carried with him and took out a small clay-sealed earthen jar from it.
Xu Liang nodded and said, "Let's meet at the Hanhua Australia office."
Suppressing the anticipation and excitement in his heart, Andrew quickly stepped forward and extended his right hand.
After strengthening his confidence, Andrew Forrester, who was wearing a crisp suit, walked in with firm steps.
Accepting a gift means there is hope for success in the subsequent negotiations.
Andrew picked up the teacup and said, "Mr. Xu, I like Chinese tea very much. It not only tastes great, but is also very healthy. It is simply a gift from God.
Because I have made a reservation in advance, so He met Xu Liang smoothly.
I dare say that this is the most worthwhile mining company in Australia.
Looking at Forrester's words.
Xu Liang smiled and said: "If we want to complete the railway you mentioned, 100 million Australian dollars is far from enough."
"I have received many advances from Chinese cooperative customers, and there are also many private equity investors who are willing to invest money. Support us. So it only takes 100 million Australian dollars to leverage the entire project.
Of course, I can also ask you for more financing.
But I don't want to be thought of as a liar. Conspirator.
AUD 100 million is enough for me to operate FMG’s project, and you can decide whether to invest or not based on the results of our operations.”
Xu Liang looked at the sincere man in front of him.
It is said that a traitor is as loyal as a traitor, and this guy in front of me is a typical example.
Keeping saying that he does not want to be misunderstood by others, for his own sake, he only needs 100 million Australian dollars in financing.
If I hadn’t read FMG’s information, it would have been easy for him to get around him.
In this day and age, $100 million is not a small amount.
"The current market value of FMG should be 45 million Australian dollars."
"Yes. In less than 5 months, the market value of FMG has increased from 20 million Australian dollars to 45 million Australian dollars." The Australian dollar has more than doubled
This is the best affirmation of our value," Forrester said.
“I can give you 100 million Australian dollars.”
Andrew Forrester was overjoyed, “Mr. Xu, don’t worry. FMG will definitely have the highest return on all your investments. ..." Xu Liang interrupted his words with a smile.
"Listen to me first. I want 49% of the equity of FMG for this 100 million Australian dollars.
I will serve as the chairman of the company's board of directors, and you will continue to be the company's CEO, with full responsibility Management of FMG Corporation."
In the Western corporate world, the ownership and management of a company are separated.
The board of directors has no right to interfere with the company's operations.
The core of a company is the CEO, who determines the management and operations of the company.
In the East, the opposite is true. The chairman is the core of the company's management, and the CEO is just a worker.
After thinking for a moment, Forrester shook his head.
"Mr. Xu, 100 million Australian dollars is too little. Although FMG's market value is only 45 million Australian dollars, we have an advance payment of 39 million Australian dollars on our account, and we have also received 30 million Australian dollars from ANZ and PEP. Financing.
We have enough funds to operate FMG’s projects.”
Xu Liang smiled and said: "As you said, the AUD 39 million is the advance payment for the steel plant, and the AUD 30 million is project financing, which will have to be repaid in the future.
And the AUD 100 million I invested, It can be used as the capital reserve of FMG Company and used directly for investment without the need to bear debt pressure.
The nature is different.”
“It is too low, if Mr. Xu wants FMG Company 49. % of the equity must cost 200 million Australian dollars.”
For Andrew Forrester, FMG is not for sale. As long as the price is right, not to mention 49% of the equity is 60% or 70%. , he will sell even higher.
At the beginning, he only held 12% of the shares in Anaconda Nickel, and the rest was used for financing.
So as long as the price is right, the equity can be sold.
"Greed is a good quality, but excessive greed is not a good thing. 200 million Australian dollars?"
Xu Liang shook his head with a smile.
"Mr. Xu, Fortescue can pay more shares."
Xu Liang still refused.
Although he judged that FMG had great potential, it was not without the possibility of failure.
So, 100 million Australian dollars is the limit of his investment, and 200 million Australian dollars is too much.
"Mr. Forrester, I have a certain status in the global financial venture capital industry. With my endorsement, it will be easier for FMG to raise funds and promote iron ore in China."
“Mr. Xu…….”
After some pulling and pulling, both sides took a step back.
Xu Liang increased the financing amount to 120 million Australian dollars, and FMG paid 55% of the equity.
Both parties invited lawyers and signed a contract.
FMG also formally submitted a notice of major equity changes to the Australian Securities Commission and applied for temporary delisting.
Xu Liang’s investment in FMG successfully passed the review of the Australian Securities Exchange.
After all, it is just a small company with less than 100 million Australian dollars, not a giant like BHP Billiton and Rio Tinto, so there is really no reason to stop it.
However, after Xu Liang’s investment, FMG opened sharply.
The company's stock price has surged nearly ten times from 0.45 Australian dollars per share to 3.8 Australian dollars per share. Based on FMG's total share capital of 100 million Australian dollars, the market value has reached 380 million Australian dollars.
It can be said that Xu Liang, who holds 55% of the shares, has made money.
But he has no intention of selling shares.
FMG still has huge room for exploration.
With one week left before the New Year, Xu Liang flew back to China on the Kunpeng.
"Brother, you posted it crookedly, move it a little to the right."
"Is that so?"
"It's too much, it's too much, move a little to the left."
Under the command of his precious sister, Xu Liang posted the Spring Festival couplets.
Jumped down from the bench and took a look.
"Everything will be prosperous when the family is harmonious, and everything will be prosperous when the family is harmonious. Not bad."
Under Xu Meng's command, all the pairs, carrot money, etc. were pasted up, and then he took the starch Go home.
“Liangzi, come here.”
"What's wrong, Dad?"
"Are you going back to your hometown to celebrate the New Year this year?"
"Xiaoyang is still in confinement, how can I go back to my hometown?"
Seeing his father's rather serious expression, Xu's conscience moved.
“Did the village call you?”
Xu Yongpei nodded, "The village wants to rebuild the family tree and restore the ancestral home of our old Xu family."
"The ancestral home of the Xu family?"
"Yes."
< br>There was a hint of memory in Xu Yongpei’s eyes.
“Our ancestors of the Xu family were the most prominent family of officials in Qingzhou. They owned nearly 10,000 acres of land in our local area before liberation. Many of the descendants of the family also served as high-ranking officials in the Red and White parties.”
Xu Liang had heard his father talk about the ancestors of the Xu family before.
As a top big family, hedging your bets is a basic operation.
So many people in the Xu family joined the White Party, and many people joined the Red Party.
On the Red Party side, there have been people up to the level of division commander, and on the White Party side, there have been senior officials in Qilu.
Later before liberation, people from the White Party flew directly to Wanwan.
When Xu Liang was in elementary school, he came back to look for relatives.
Donated a lot of money to the village.
The Red Party sent back some of the above policies in a timely manner.
Therefore, the head of the Xu family sold part of the family's land before the division was determined, and distributed the remaining land and houses equally to all the Xu children.
(End of this chapter)