229, get
Wright looked at Li Chong and whispered, "I know something about this situation. My uncle called me before and said that now is the time for large capital with background to expand, and JPMorgan is obviously one of the best of these large capitals. They now need cash to ensure the reliability of mergers and acquisitions of other companies.
Li Xin nodded and said nothing. He would not compensate him no matter how much money he calculated. After seeing Li Xin, he said, "Okay, then how much cash can you take out and what company's stock?"
When Louis saw it, he felt relieved. It was still easy to take out 300 million yuan in cash. However, JPMorgan Chase is now actively selling stocks. With the arrival of the financial crisis, the price of stocks has begun to accelerate and fall. Some stocks invested at high levels must clear their positions to avoid risks. At this time, no matter how good the company is, the stock price will be mistakenly killed with the trend of the market. Now it is sold and waited until the low level to take it back. The price difference between the round and forth is very attractive.
So Louis thinks this is very cost-effective when he can use some stocks that are about to fall in exchange for cash, but he can't go too far. He still has to take out some high-quality stocks, otherwise the insider, Wright, would not have accepted it.
"Two solutions, one is $50 million in cash plus $200 million in HP stock and $100 million in Dell stock; the other solution is $70 million in cash plus $200 million in Microsoft stock and $50 million in Apple stock." Louis threw out his plan.
In addition to Apple, Li Chong is very familiar with the remaining three names. HP and Dell are the world's first and second largest computer manufacturers, Microsoft is the world's largest desktop processing system supplier, and Bill Gates is the world's richest man. No one knows who doesn't know. As for Apple, Li Chong just knows its players are good. Can Apple compare with these major companies?
Li Chong didn't know Apple, but Wright understood that Apple unexpectedly released a new mobile phone product last year. In just three months, Apple became the world's third largest mobile phone manufacturer, and its profits were amazing, reaching a rate of one million US dollars a day.
Wright whispered to Li Chong that it seemed that the price given by Louis was very sincere. Judging from the value of the stock, even if it was an economic crisis, it would be worth $200 million if it fell. The first solution was worth a higher value.
Li Chong was also calculating in his heart. First of all, this cash is definitely not enough. If it is really worth $300 million, he and Wright will only be $150 million per person, and the cash will be $50 million per person, and the stocks will be $100 million per person. This is the dividend contract signed with Wright. Anyway, the money will be in vain, and Li Chong doesn't feel sorry for it.
Now I don't give enough US$100 million, so I have to get US$100 million in cash. As for stocks, Li Chong had another idea in his heart, "Mr. Louis, I have two questions. The first one is that I need US$100 million in cash. As for stocks, can I change stocks to other companies?" Li Chong said suddenly.
Louis looked at Li Chong differently. Since Li Chong met Wright, it was basically Wright who said it again. Li Chong was listening. Now Li Chong actually put forward his opinions. "Steven, there is no problem with cash. Stocks can be negotiated. What kind of company stocks do you want, but it is limited to the authority I can use, because after all, there are some I can't do anything about it." Louis was careful, because if Li was important from JPMorgan Chase or Berkshire Hathaway, he could not make decisions.
Wright also couldn't bear to eat what Li Chong wanted to do. These stocks are of very good quality and it's hard to get so many. And JPMorgan Chase will definitely give them a discount. They are sure to make a lot of money, especially Apple's stocks. He has always been optimistic about the other part of the stocks that have not bought CDS. Basically, they bought Apple's stocks.
"Mr. Louis, of course I won't make some unreasonable demands, but you should also know that I am a Korean. In my opinion, only a country I am familiar with can make me feel at ease, so I would like to ask if you have some stocks of Korean companies in your hands?" Li Chong slowly expressed some of his thoughts.
Louis looked at Li Chong. He really didn't understand what Li Chong was thinking. The plans given by Louis were all about stocks of first-class companies. For example, Microsoft and Apple were coveted by some large institutions. Every institution would be very happy to get so many at one time. However, Li Chong wanted stocks of Korean companies. At this stage, the stock markets of some affiliated countries in the United States have fallen a lot, such as South Korea, Indonesia, and Malaysia, which are the hardest hit areas among the hardest hit areas. JPMorgan Chase has many stocks of Korean companies, but they have fallen a little badly.
However, Louis also understood Li Chong. After all, he was not an American and could not live in the United States for a long time. He was also a smart person if he wanted some stocks of local Korean companies.
"Since you want stocks of Korean companies, I'll tell you what are some of them, Samsung Electronics' stocks, Hyundai Group's stocks, SK Group's stocks, LG Group's stocks, and some other small groups, such as CJ, Posco Iron Making, Nongxin La..." Louis opened the computer next to his hand and said to Li Chong.
The stocks of these large group companies were sold to Wall Street consortiums at very low prices during the financial crisis in 1997, and have brought a steady stream of huge profits to these consortiums over the years. It is nothing to take out some of them now.
"If I choose Samsung Electronics, how many stocks can I get? If I choose a small group, how many stocks can I get?" Li Chong's heart moved when he heard Xijie. This was exactly what he wanted.
Louis said with a look of my face that I knew you wanted Samsung, "Samsung Electronics' current market value is $65 billion, but now the financial crisis is in progress, I can't guarantee how much it will fall in the future, so I can give you 0.2% of Samsung shares for $100 million. As for other small groups, as long as the market value is less than $10 billion, I will give you 2% of the stocks for $100 million."
Li Chong thought about it and then said to Wright. "We want $100 million in cash, plus $100 million in Xijie stock. As for the remaining $100 million, you can do it yourself. My goal is $100 million in Xijie stock."
Wright wanted Lee to nod, "Mr. Louis, we decided that we need $100 million in cash, $100 million in Xijie Group stock, $50 million in Apple stock and $50 million in Amazon stock."
After all, Wright still has a lot of affection for the Internet, so since Li Chong has changed his stocks, he also changed them. He knew that except for what Li Chong wanted, the rest was his own, so he of course had to fight for it.
Louis also felt a little painful. Although Amazon has been losing money, the concept of Internet e-commerce is too valuable. It has always supported its high price-to-earnings ratio and is one of the best investment targets in the future, not to mention Apple. As for Li's important Xijie Group, Louis has no idea at all. He bought it in a bunch of ways, but he didn't spend much US dollars anyway.
However, since we can save this amount of money and launch some stocks, these small losses are worth it. "Okay, then we'll prepare to sign the contract. I'll ask the secretary to print the contract." Louis quickly agreed to Wright's trading intention.
Next is the content of the contract negotiated by Wright and Louis. Finally, at 15:35 pm, Li Chong authorized Wright to transfer the CDS worth $220 million to Louis. Li Chong and his friends received $100 million in cash, 360,000 Apple shares, 720,000 Amazon shares and 3% of Xijie shares.
"Steven, happy transaction!" Louis felt relieved when he saw that the CDS finally came to JPMorgan Chase again.
"Louis, I actually took advantage of it, and this is already a lot." Li Chong felt a little embarrassed. The market value of Xijie Group is now US$8 billion, while Louis gave him 3% of the original shares, without any dilution, and the value exceeds US$240 million. No matter how much it falls, it will not be less than US$100 million.
"Haha, I have to express my feelings about calling you from the far east in such a hurry." Louis was in a very good mood.
After chatting for a few more words, Louis hurried out. He went to the president to report. After all, he completed a very difficult task. He was the head of the investment department. Now this is his busiest time.
JPMorgan Chase staff sent Lee Chong and Wright out of the building. Wright asked Lee Chong's residence and said, "I'll go find Dad Lai Rui first, and I'll find you tonight."
Chapter completed!