MTL - Reborn Capital Empire-v2 Chapter 680 Inventory of trust assets

Chapter 680 Inventory of Trust Assets

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"By the way, from now on, slowly get rid of our Yahoo and eBay shares."

"The operating income and net profit of Yahoo and eBay are both growing, and the stocks of the two companies are also appreciating. Is it too early to sell now?" Liu Zhixing frowned.

"It's early, but we have too much stock in Yahoo and eBay. If we don't do it now, I'm afraid it will be more troublesome later."

Yahoo's stock price is now around $65 billion, while eBay's is around $58 billion. Although in Guo Shouyun's impression, they will have higher performance. But Guo Shouyun no longer intends to wait any longer.

He holds 33.8% of eBay's total share capital of 1.341 billion, or 453 million shares. He owns 24.9% of Yahoo's 1.432 billion shares, or 357 million shares. The monthly trading volume of the two stocks is only about 20 million shares. To avoid selling too much and stressing both stocks, you lose your money. Guo Shouyun needs at least a year, or even more time, to sell all his Yahoo and eBay stocks.

According to his expectation, after eBay and Yahoo sell out at the end of 2005 or early 2006, he will not only get a lot of money, but also prepare for the upcoming subprime mortgage crisis.

However, Guo Shouyun intends to sell more than just eBay and Yahoo.

"You contact Tata Group on my behalf to see if we can sell them our 40% interest in the Dabor Steel project."

Dabor Steel is a super-large steel project jointly constructed by Hanhua Trust and Tata Group, with a total investment of 2.5 billion US dollars. The first phase can reach a production capacity of 6 million tons; Has an annual production capacity of 13 million tons of steel.

The project relies on the superior iron ore resources in Maharashtra, India, and the Dabor Power Plant with an installed capacity of 2,350 MW established by Pacific Energy Group in Dabor, India. At present, the first phase of the 6 million-ton steel project has been completed, and the second phase has also started construction at the end of 2003. It is expected to wait until the middle of 2005 to be fully completed. Proud of Tata Steel's global sales system, the products of the steel mill are not worried about sales. Therefore, when issuing bonds to finance this project, the rating agency gave 3A!

But even so, even if Tata Steel is the most profitable steel company in the same industry in the world, Guo Shouyun never thought of owning its shares for a long time.

At the beginning, he would not have invested in such a large steel plant if it hadn't been to avoid the failure of the billion-dollar investment in the Dabor power plant.

Now is not the 19th century, the glory days of the steel industry are long gone. In addition to high value-added special steel, the crude steel industry is basically making hard money. Moreover, hard-earned money can’t be earned for a few years. After the subprime mortgage crisis, the global steel industry recession will come, and it’s not bad to make a profit without losing money.

"Dabor Steel?"

Looking at Liu Zhixing's frown, Guo Shouyun could guess what he wanted to say.

"Don't persuade me. The profit margin of the steel industry is too low, I really have no interest. Moreover, I now have better projects that need funds. Try to sell the interests of Dabol Steel. I believe that the tower is actively expanding around the world. Tower Steel would be interested."

Liu Zhixing nodded.

After explaining Yahoo, eBay and Dabor Steel, Guo Shouyun looked at the rest of the assets under the Guo family trust. In addition to the core assets of Guo's, Ruby, and Matrix.

Bevin Economics Sports Company is an asset operated by brother-in-law Al Bevin. Although he owns 51% and has no interest in sports economy, this asset cannot be sold.

SpaceX is the future of Musk's industry, known as Jobs' second, and he holds 10% of the original stock and has the right to invest. Moreover, this company is still a relatively popular private aerospace company ten years later, and it may be useful to keep this part of the shares in the future.

Amazon's 33.2% stake, which is certainly not for sale. At the beginning, he spent a lot of effort, so he didn't hesitate to come up with the idea of ​​​​Thornbird Publishing Company and cloud computing to get this part of the equity from the "hard-hearted" Jeff Bezos.

He doesn't plan to sell until Amazon's stock price exceeds $500 billion.

United Real Estate is a real estate development company established by him and the second-generation Chinese rich in the United States. He owns 15% of the equity. Proud of the recovery of the real estate industry in the United States in recent years, coupled with the contacts of a group of rich Chinese, the company has developed relatively smoothly. Three years later, the original investment of 100 million US dollars has now doubled by 5 times. Although Guo Shouyun didn't like it very much, he also wanted to sell it. But considering that he is a Chinese, he cannot exist without this group. In order to maintain contact between the two parties, it is better not to sell this part of the shares.

Speaking of which, the nature of United Real Estate is similar to that of Huayi Real Estate under Hanhua Trust, which is the consequence of building connections. However, behind Huayi Real Estate is a group of three generations of red in the four and nine cities.

Netflix's 29.3%. As a streaming media company, Netflix's business is similar to Hulu, a company jointly established by Matrix and Time Warner. Now Hulu is the second largest streaming media company in the United States after Netflix, and Matrix holds a 50% stake.

However, Guo Shouyun is more inclined to Netflix than Hulu. One is from the memory of a previous life, Netflix has always been the largest streaming media company in the world. Hulu is also good, but Matrix made several tentative offers to Time Warner, but they were all rejected by the other party. Obviously, although this old-fashioned media company has made a big deal on AOL, it is still unwilling to give up on the power of online media~www.novelbuddy.com~ Therefore, Guo Shouyun keeps the shares of Netflix, if he can't take Hulu In his arms, he acquired Netflix and perfected the streaming media platform of Matrix.

Veolia, after integrating the water business of Pan Pacific Group, is now a well-deserved giant in the global water industry. Moreover, it has also become a favorable competitor in the solid waste business, waste incineration, and energy fields. In the second quarter of 2004, the main business income was US$6.139 billion and the net profit was US$288 million. Total assets of 44.37 billion US dollars, net assets of 9.126 billion US dollars, one of the world's top 500. If it weren't for the low net profit, its market cap should exceed $10 billion.

Guo Shouyun, through the last cooperation with Veolia's parent company Vivendi, now holds a 32% stake in Veolia. After Vivendi reduced its 65 million shares in Veolia last November, Hanhua Trust has become its Undisputed major shareholder.

However, now he is thinking about acquiring Veolia. But water treatment, environmental services and energy are all blue oceans of the future. Guo Shouyun did not intend to give up easily, so this part of the equity was temporarily left in his hands.

Finally, there is Merrill Lynch. There is no doubt that this part must not be given up.