1850 American Gold Tycoon.

Chapter 200 Can you afford so much cash? (4K)

"We need to talk in detail about the cooperation on the railway."

Liang Yao made a gesture of invitation.

"The Rothschild family is also full of interest in cooperation with the American Group."

August is not far behind.

"Of course, the American Group is willing to cooperate with powerful potential partners."

Liang Yao also welcomed August's joining.

He took Thomas and August to the study specially prepared for him by Vanderbilt in the manor.

As for Vanderbilt, he was discussing something with Fish.

"As far as I know, you now fully hold the shares of the California Railway Company and 78% of the shares of the Delaware and Hudson Railway Company. I am very optimistic about the future of these two railway companies and want to take a stake."

Thomas didn't want to waste time, and without beating around the bush, he directly cut into the topic and expressed his intention to take a stake.

He seemed very confident, and there was no rich man in the United States who refused to cooperate with the Bahrain family.

"Cal Railroad is not listed on the New York Stock Exchange and its shares are closed to the public."

Liang Yao expressed his attitude.

The California Railway Company is responsible for the construction of the railway in California, and he must fully control it. This is not negotiable. He does not allow foreign capital to participate in it, even Barings Bank.

"Oh?"

Liang Yao's refusal was obviously beyond Thomas' expectation, and Thomas frowned with a very displeased expression.

It looks like Barings Bank is willing to take a stake in your railway company to give you face, not to show shame.

"Mr. Thomas, don't misunderstand."

Liang Yao suppressed the dissatisfaction in his heart and said.

"I'm not a person who doesn't know what's good and what's wrong, but I'm thinking of you and Barings Bank."

"For the sake of Barings? Let's hear it."

Thomas was puzzled. Thomas, who had been immersed in the business world for decades, obviously would not believe such a statement.

He wanted to see what Liang Yao would say.

"In the division of labor within the Americas Group, the California Railroad is primarily responsible for the construction of railroads within the state of California.

California is sparsely populated and the market is limited. The California Railway Company will not be able to make profits for a long time in the future.I will not lie to you, the California Railway Company is still able to maintain normal operations, thanks to the unconditional financial support of the Xiangshan Gold Mining of the American Group.

Not only that, the sparse population and small market also limit the development of the California Railway Company, and the future ceiling of the California Railway Company is not high. "

Liang Yao carefully analyzed with reason and evidence, what he said was also the truth.

He is willing to invest in the California railway business not because the current California railway market can make huge profits, but because he is optimistic about and invests in the future of California.

Thomas carefully chewed what Liang Yao said just now, what Liang Yao said was not unreasonable.

He couldn't predict the future like Liang Yao. How much gold reserves there were in California, and whether California would weaken rapidly after gold mining was over, these were all unknowns.

"Continue to talk about the division of labor of the Delaware and Hudson Railroad Company within the American Group." Thomas said.

"This is a secret of the American Group, but since you are interested in investing in the American Group's railway industry, I will be honest with you."

Liang Yao took the teacup from Coney, took a sip of the tea to moisten his throat, and continued.

"What you said just now is not accurate. The remaining shares of the Delaware and Hudson Railway Company have also been taken into the bag. I now hold 100% of the shares of the Delaware and Hudson Railway Company.

Although the Delaware and Hudson Railway Company is also a large and powerful railway company, such strength is far from enough to stand out in the highly competitive railway industry in the East. "

"Wall Street's railroad stocks plummeted, and I think it was at the hands of Ni and Vanderbilt."

Thomas guessed Liang Yao's intentions.

"You want to gobble up other railroads to make the Delaware and Hudson more competitive?"

"You're not entirely accurate, and making the Delaware and Hudson more competitive is just one reason.

I think you know better than I what the most valuable asset of the American railroads is. "Liang Yao said.

"Of course, the land along the railroads is the most valuable asset of the American railroads," Thomas said.

"Yes, the land along the railroads. Obtaining authorizations for the transstate railroads is a troublesome and time-consuming business, and I am not so much in the process of acquiring these railroad companies as I am acquiring the authorizations that these companies have already obtained. railway route."

Liang Yao nodded and said.

"The American Group's railroad business in the East, I hope to make a profit in the shortest possible time to make up for the loss of the California Railroad.

To tell you the truth, I'm eyeing the Baltimore-Ohio Railroad right now. "

Thomas quickly searched for the Baltimore and Ohio Railroad in his mind.

The railroad has been awarded railroad construction authorizations from Baltimore to Cleveland, Akron, Canton, and Memphis Field in Ohio.

It's just that the Baltimore-Ohio Railway Company has limited financial resources, and the railway has not yet been fully built.

If the Baltimore-Ohio Railway Company can be acquired by powerful investors like Liang Yao and Barings Bank, there is no need to worry about financial problems, and there is indeed a lot to do.

"Your vision is not bad." Thomas affirmed Liang Yao's vision.

"If the Baltimore and Ohio Railroad can be merged with the Delaware and Hudson Railroad, the lines of the two railroads can also be merged.

As far as I know, the two most valuable lines currently owned by the Delaware and Hudson Railroad are the lines from New York to Boston and from New York to Philadelphia. "

"It seems that you know the railroad routes of America like the back of your hand." Liang Yao said.

"I am an investor, and a qualified investor must know the industry and even the project in which he invests." Thomas said seriously.

"Indeed, as you must know, the railway lines in the eastern part of the United States are relatively dense. The railway lines from New York to Boston and from New York to Philadelphia are very popular lines. The railway companies that own these two lines are not limited to Delaware and Hades. The Sunny Railroad Company."

Liang Yao said.

"Moreover, the Delaware and Hudson Railroad has not yet obtained authorization for the railroad route between Philadelphia and Baltimore. An easy thing."

"I have connections in New Jersey, Maryland, and even Pennsylvania." Thomas squinted at Liang Yao.

"If Barings can take a stake in it, it will not be too difficult to obtain the authorization of the railway line between Philadelphia and Baltimore. If Barings does not have a stake, it may be difficult to say."

Liang Yao disliked Thomas' arrogant attitude very much, but he also had to admit that what Thomas said was not unreasonable.

This is one of the reasons why he is willing to let Barings participate in it.

"Although the influence of the Rothschild family in North America is not as good as that of the Baring family, there are still many like-minded congressmen in some states.

If the Rothschild family can participate in the shares, I think it will also be of great benefit to your group in terms of obtaining the authorization of the railway line in the future. "

August also showed his attitude.

"Hahaha, if that's the case, then why should I reject the olive branch offered by the two of you?" Liang Yao laughed.

After discussing the issue of cooperation, the next step is the issue of shares.

On the issue of shares, Liang Yao argued with Thomas and August for most of the day, and finally referred to the shares of the umbrella company.

The merged railroad company Americas Group holds 50 percent, Barings 30 percent and the Rothschild family 20 percent.

However, after discussing with August, Thomas and August proposed that Liang Yao need to sign a gambling agreement.

If the railway company fails to make profits within three years, the 3% shares held by the American Group will be divided between Barings Bank and the Rothschild family.

If the railway company makes profits within three years, Barings only needs to transfer 3% and 3% of the shares to the Americas Group respectively.

Such an unequal and harsh gambling agreement, Thomas and August originally thought that Liang Yao would refuse, and then they would be able to ask for more shares.

To their surprise, Liang Yao actually accepted the gambling agreement.

You must know that the Pioneer is not compatible with the existing railway tracks. Liang Yao wants to eliminate the old low-quality railway tracks and rebuild high-standard railway tracks.

The time for building the railway tracks was also included in the three-year period of the gambling agreement, which actually left Liang Yao with very limited time.

Thomas and August looked at each other and smiled tacitly. They felt that Liang Yao was still too young and arrogant to dare to sign such a gambling agreement.

"I can sign this gambling agreement, but I don't accept your cash for the new railway company shares. I hope you can exchange the shares of the Nicaragua Shipping Company for the shares of the railway company."

Liang Yao looked at the gambling agreement drafted by Thomas and August and said.

"As far as I know, Mr. Vanderbilt is now engaged in a price war with Mr. Aspinwall of the Pacific Cruise Lines. Currently, the Nicaraguan shipping company is still at a loss and holds shares in the Nicaraguan shipping company. For the two of you It is a burden, and I am willing to bear this burden for the two of you."

The Nicaragua route can be said to be the life and death line of California. Now that there is an opportunity to obtain the shares of the Nicaragua shipping company from Thomas and August, Liang Yao will naturally not let go of this rare opportunity.

Liang Yao did not want to pin the stability of the Nicaraguan Shipping Company on the friendship between Vanderbilt and his friends.

Friendships in the business world are among the most shaky of friendships and require great risk.

Liang Yao could not bear the risk of the Nicaragua route.

"Vanderbilt has indeed underestimated Mr. Aspinwall, and the Pacific Cruise Line is stronger than Mr. Vanderbilt expected."

Thomas said.

"It's just that you haven't even acquired the Baltimore-Ohio Railway Company. The value of the new railway company has not yet been determined. We can't take the risk of exchanging the shares of the Nicaragua Shipping Company with you."

Nicaraguan Shipping Company is currently valued at US$500 million and a 30% stake is valued at US$150 million.

However, Liang Yao's current Delaware and Hudson Railroad Company is worth less than 400 million US dollars, and under the general environment of Wall Street's sluggish railroad stock securities, the value of Delaware and Hudson Railroad Company is also shrinking.

It's just that relative to other railroad companies whose stock prices have plummeted, the stock price of the Delaware and Hudson Railroad Company is very strong.

Across Wall Street shares were as strong as the Delaware and Hudson Railroad and Vanderbilt's Stonington Railroad.

The largest shareholders of these two railway companies are the instigators of this railway crisis.

In short, it is not cost-effective to exchange the shares of the Nicaragua Shipping Company for the shares of Liang Yao's railway company. Even after the acquisition of the Baltimore-Ohio Railway Company, there is a big difference in the value of Liang Yao's railway company. determining factor.

However, the Nicaraguan shipping company, which has been losing money for more than a year, is indeed a burden for Thomas and August.

As long as Liang Yao can propose sufficiently attractive conditions, they are not unwilling to exchange the shares of the Nicaragua Shipping Company for the shares of the American Group Railway Company.

"Now is not the best time to buy the Baltimore-Ohio Railroad, and I will naturally do it when I do."

Liang Yao looked very sincere.

"I will not let the two investors do a loss-making business, I will buy the shares of Nicaragua Shipping Company in the hands of the two according to the actual value of the stock of Nicaragua Shipping Company.

The two of you can take the money and use the money to buy the shares of the merged and reorganized railway company after the American Group acquires the Baltimore-Ohio Railway Company. What do you think? "

"That's a good idea."

After thinking about it, Thomas felt that this plan was feasible, at least he would not suffer, and agreed to this plan.

"I have no objection either."

August also agreed to this plan, and the Nicaraguan Shipping Company, which continues to lose money, is indeed a burden for them.

They even doubted their own vision for this, and questioned whether the investment in Vanderbilt was worthwhile.

"It's just that my shares and Mr. August's shares are worth up to 250 million US dollars. Can you take out so much cash?"

Thomas thought that Liang Yao had already withdrawn all of his deposits in Barings Bank, and he had some doubts about how much cash flow Liang Yao still had.

"I don't have any cash, but can I have the equivalent value of gold?" Liang Yao laughed.

"Of course, who would refuse the temptation of gold?"

After Liang Yao said this, Thomas completely let go of his worries.

Recently, the exchange rate between U.S. dollar and gold in the U.S. gold market is somewhat unstable. It would be great if it could be traded in gold with a more stable value.

"Then I look forward to your early acquisition of the Baltimore and Ohio Railroad."

Seeing that the matter had been discussed, August got up and was about to leave.

(End of this chapter)