MTL - Reborn Capital Empire-v2 Chapter 673 Proposal to operate independently

Chapter 673 Proposal for Independent Operation

…

After returning home, Guo Shouyun considered Li Zeju's proposal and called John Roberts, the CEO of Ruby Mall.

"Boss!"

"John, how's the company doing recently?"

"Fortunately! ... With the company's large investment in logistics, more and more small and medium-sized companies have registered in our mall. As of now, the mall's transaction volume has exceeded 23 billion US dollars, and the overall transaction volume this year is expected to exceed 50 billion. .The group's income in logistics is also growing, of course, the highest income is still finance. Semi-annual forward agreements for commodities such as oil, iron ore concentrate, copper concentrate ore, coal, etc., with a yield of 12.4%; one-year yield The rate is 24.84%. It is impossible to estimate for more than one year, but from the current level of global economic development, it must be higher.”

"Good job! Logistics is the basis for the rapid development of Ruby Mall, and the proportion of investment should be increased."

"clear!"

Guo Shouyun nodded and pondered for a while, "I heard that the Huaxia Island City Port Authority plans to invest 887 million US dollars to build the Qianwan Wharf and make it a special berth for 11 deep-water container ships, with a shoreline of 3,400 meters. The total area of ​​the yard is 2.25 million square meters, the land area is 1.5 kilometers deep, and the berth water depth is minus 17.5 meters. It can load and unload super large container ships of more than 10,000 TEU all-weather, and the annual container throughput can reach more than 6.5 million TEU, the world's largest container ship. One of the container terminals."

"...And the island city is strategically located. It is one of the largest passages facing the ocean in eastern China, and it is also a maritime transportation hub in Northeast Asia. It not only meets the business needs of our company, but also has excellent investment value. So...why did I not See the name of Ruby Mall on the project's cooperation directory?"

"Boss, I can naturally see the investment value of the Qianwan Wharf in Huaxia Island City. I am also going to participate in the bidding, but this matter was rejected by George!"

When he came out of the hall, there was a hint of exasperation in John Roberts's tone.

"No? Why?" Guo Shouyun raised his eyebrows.

"In recent years, Ruby Mall has invested heavily in the logistics field, and has acquired berths, warehouses, various types of freighters, and different types of vehicles in debt, which once made the company's debt ratio exceed 70%. Now Ruby Mall is about to go public. The scale of logistics investment should be reduced, the debt ratio should be reduced, and the financial statements should be improved, so as to win the favor of more investors after listing.”

“…But Ruby Mall’s liabilities are benign. Our investment in logistics has increased the company’s total assets, and it has also contributed to the rapid development of the company’s business. The path we have taken is similar to Amazon’s. If we want to go public and cater to investors , in order to come up with a beautiful balance sheet and reduce our investment in the company's main business, the development speed of Ruby Mall will inevitably slow down. In the Internet field, the catfish effect is obvious, and the first company occupies More than 60% of the market. If we take the initiative to slow down the development speed, it will be tantamount to chronic suicide, and we will take the initiative to give the latecomers the opportunity to work head-on.”

After stating his point of view, John Roberts took a deep breath and said solemnly: "Boss, the main business of Ruby Mall's e-commerce is completely different from the Internet community business of the rest of Ruby's subsidiaries. Moreover, we are not engaged in b2c. Or c2c, but commodities and logistics that are not associated with individuals at all. Therefore, I suggest that Ruby Mall should be independent from Ruby and exist as a separate company.”

"Let the Ruby Mall operate independently?"

John Roberts' proposal was beyond Guo Shouyun's expectations.

"Yes! Ruby Mall and other subsidiaries of Ruby Company have no business intersection at all. Putting the two together, there is no cluster effect at all. There will even be mistakes in the company's strategic development due to wrong decisions. Therefore, independent operation is A choice that must be made for the rapid development of Ruby Mall in the future."

John Roberts was firm. Apparently he had been thinking about it for a long time.

"I'll give you an answer on this matter. In addition, you are ready to bid for the Huaxia Island City Qianwan Wharf project. I will tell him from Tim's side."

"Yes!"

After hanging up the phone, Guo Shouyun showed a thoughtful look on his face.

At the beginning, the Ruby Mall was separated from the Pacific Group and merged into the Ruby Company, just because of the same Internet attributes. Looking back now, this decision was indeed hasty. As John Roberts said, Ruby's main business is the Internet community. It is a platform based on LinkedIn and Facebook, covering music, finance, video, voice, news, blog, mailbox, library and many other functions. A comprehensive virtual network society, this society is based on individuals, and all businesses and functions are also closely related to individuals.

But Ruby Mall is different. Although it is also e-commerce, it is different from Amazon and eBay. Ruby Mall trades international bulk commodities, such as grain, coal, oil, natural gas, steel, copper, timber, etc., and serves small and medium-sized enterprises that lack sales channels and customers; it builds a bridge between raw material producers and processors. Bridge, so that they can find customers around the world, reduce intermediate expenses such as consulting fees, legal fees, and the exploitation of large companies, and improve their revenue and performance.

Ruby Mall has invested heavily in the field of logistics and opened certain stores offline, which also serves the above purpose.

But whether it is commodity trading or logistics, it has little or nothing to do with the main business Internet community run by Ruby.

"Maybe it's a good idea to let Ruby Mall operate independently." Guo Shouyun said to himself.

However, this matter involves the structure of the ruby ​​company. Even if it decides to operate independently, it should be considered in the long run. And he's going to call Tim George and ask about the Island City Front Bay Pier project. With what he knows about Tim George, he is no stranger to the debt-driven ruby ​​mall development model, and he has explained to him that John's proposal has no reason to be rejected.

"Is it really just because of the listing?"

Such a question flashed in Guo Shouyun's mind, after thinking for a moment, he called Tim George directly with nothing to gain.

"boss!"

"Didn't disturb your morning sleep?"

Hong Kong is 15 hours ahead of San Francisco, so when Guo Shouyun's side is still ten o'clock in the evening, it is 7 o'clock in the morning in San Francisco.

"You know, I have a habit of running in the morning. I just got back from outside and I'm getting ready to go to work after breakfast."

"Then let's make a long story short." Guo Shouyun nodded and said, "Did Ruby Mall submit a document to the head office to participate in the bidding for the Qianwan Wharf project in the island city?"

Tim George, on the other side of the phone, visibly paused after hearing his words.

"Yes! Considering that Ruby Mall will start pre-IPO preparations before the end of the year. At that time, financial health will be an important indicator for evaluating its listing price, so I have not approved this investment project. And I think Ruby Mall should shrink. This year's investment scale, create a beautiful balance sheet to cater to investors. After the company goes public, gets a better rating, and achieves a higher market value, it can raise more funds from the market, and then expand to a larger scale During the period before listing, Ruby Mall can start negotiation with some favorite acquisition targets. This will not delay too long due to capital shrinkage.”

"Tim, your consideration is really comprehensive. But I don't want Ruby to miss out on investment opportunities that shouldn't have been missed because of the listing. As for financial health, that's really important. But as an Internet company, customers and market share are what The most important thing. Now, in the field of commodity trading, although Ruby Mall is in the lead, there are still companies such as Myron and Atlantic Business that are catching up. Therefore, even if Ruby wants to go public, it cannot stop investing in the logistics field. "

"Boss, it's not the 1990s anymore. Since the Nasdaq crisis, Wall Street and investors have regarded the financial health of Internet companies as an important criterion for whether a company is worth investing in. I talked to investment bankers before. , according to the financial situation of ruby ​​mall, if listed, the total share capital of 1 billion, the issue price will not exceed 30 US dollars. While the transaction volume is similar to ruby, the assets are even less than ruby ​​eBay, the price per share is 43 US dollars, and Their total share capital after the stock split on May 3 this year was 1.34 billion shares, and the company’s market value was nearly double ours, so that’s the gap!”

After listening, Guo Shouyun pondered for a moment, "Tim, when the company was still on LinkedIn, you followed me. You should know my style. Although it is good to go public, I will not limit the development of the company for the sake of going public."

"Boss, only by listing can we better raise funds from the capital market, and we can get stronger capital to promote the future development of Ruby Mall. Also, haven't you noticed? Although Ruby Mall is still developing, the gains in commodity futures are also It is very rich, but for the capital-intensive logistics industry, it has gradually become insufficient. Without the addition of new capital, the development of Ruby will slow down for at most two months. Of course, if you do not want to delay the development of the company due to listing , we can also seek venture capital.”

"Is this what you think?" Guo Shouyun asked.

"Yes! But these are for your reference only."

Tim George respectfully said.

"The listing time is too long, I don't want to delay the development of Ruby Mall, so let's raise money! Take out 20% of the original stock, I believe many venture capital institutions will be interested."

Now is not the time, as long as he has absolute control, Guo Shouyun doesn't care about giving up some shares.

"Yes!"

"The investment documents for the Huaxia Island City Qianwan Port Project are approved as soon as possible and handed over to John. We can't miss this."

"I'll do it right after I arrive at the company!"

"Well! ... That's all I have to say, do you have anything else?" Guo Shouyun asked.

"Gone!"

"Then go for it! I'll go back in a week."

Guo Shouyun decided to return to the United States on the way to discuss with Tim George about letting the Ruby Mall operate independently.

"I haven't played golf with the boss for a long time. When you come back, let's have a good comparison."

"It seems that your game has improved a lot during my absence, and you have become so confident in your speech!" Guo Shouyun said with a smile.

"Compared to business, finance, etc., this may be the only place where I have a chance to surpass my boss!" Tim George smiled with a slight compliment.

"I'm not as powerful as you said. ... Well, let's talk about it. I'm going to hit eleven o'clock in the evening, and I won't be able to sleep if I miss the biological clock."

"Okay, boss, good night!"

"See you!"

"goodbye!"

After hanging up the phone, Tim George held the phone for a moment, took out a piece of paper from his suit jacket pocket, and looked at the phone on it. After hesitating for a moment, he gritted his teeth and walked to the trash can, holding the The paper was thrown out.

After I called Li Zeju the next day, and informed John Roberts and Tang Wenfang of Universal Real Estate, they would naturally do the rest.

…

The Peninsula Office Building on Middle Road, Tsim Sha Tsui, Kowloon, where the Golden Harvest Film Company is located.

In addition to Hanhua, among the many companies under Guo Shouyun, only Jiahe is headquartered in Hong Kong. Originally, according to his plan, it was to merge Golden Harvest into Tencent and become a part of its pan-entertainment strategy film and television business matrix~www.novelbuddy.com~ But now Tencent's pan-entertainment plan has just begun. Coupled with the acquisition of Tangren Film and Television, some foundations have been accumulated. But it is still a lot worse than Golden Harvest, a veteran film company in Hong Kong.

Especially with the help of Guo Shouyun, Jiahe, who has once again become the leader of Hong Kong film and television, is even worse. It will cause the consequences of snake swallowing elephants, resulting in indigestion. The merger of the two parties has not moved forward.

Of course, as Guo Shouyun's assets of the same type, the two sides are not without cooperation at all. Especially in terms of artists, Tang Ren, who integrated the film and television production department into Penguin Film and Television, has now taken over artists such as Jackie Chan, Maggie Cheung, and Zhang Zhen under Jiahe. And backed by a big tree, especially the global media giant Matrix Company, all the veteran artists who plan to develop in Hollywood, such as Chow Yun-fat, Jet Li and others, have transferred some of their brokerage contracts to the Tangren Artists Economic Company. In just over two years, the number of stars under Tang Dynasty has nearly tripled, from the mainland to the entire Greater China region including Singapore and Malaysia. It really made Cai Yinong realize what it means to lean against a big tree to enjoy the shade.

The name Matrix is ​​so useful in the entertainment industry!

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