Beiyang 1917
Chapter 30 The Person Not Easily Satisfied
The reason why investment banks are keen on looking for projects to invest in the real economy, in addition to obtaining investment returns, is more important because these well-run companies are already leaders in various industries. With the support of capital, they can continue to expand and become A veritable cash cow!
The prospect Wang Geng described in front of Jack Morgan, if everything he said could come true, not only a financial tycoon like Jack Morgan, but also investment bankers in the entire United States and New York would flock to invest in such a project. project.
"Monopolize the citric acid market in the United States and the world?" Jack Morgan's pupils shrank and then dilated, as if he wanted to see the clue from Wang Geng's face. Is it bragging or something real?
"Jack, Freeman, the manager of the lobby at Morgan's headquarters, called your old friend Thomas Edison in the morning, and verified that Mr. Edison had indeed written me a cash check for $[-]."
Wang Geng said calmly,
"Now, of course, you can also call your second old friend John Anderson to verify whether my cooperation with him is true. Of course, this is a business secret. Will old Anderson admit that I am not I can guarantee it, but if my predictions are correct, he should already be in a hurry to convene the board of directors at this moment."
"If you miss the opportunity, there will be no more. I will give him and the board of directors of Pfizer until six o'clock this evening to make a decision. Don't wait!" Wang Geng said with a smile.
"Young man! You are really aggressive, so how much time do you have for me? Monopolizing the global citric acid market is something that any investor would be interested in!" Jack couldn't help but said.
"Uh... Jack, I don't mean to disrespect you at all, but most of the investment opportunities are fleeting. If I can't convince you when we are face to face at this moment, the frustration will make me give up cooperation with you, no To put it politely, you only have time to make a decision..."
Wang Geng looked back at Nurse Kaili who was covering her head to deal with the ice cream in front of her, then turned her head and said,
"It's not my habit to keep the beautiful nurse waiting for a long time. Before the ice cream on the plate in front of her is finished, I'm afraid you will have to make a choice. I'm really... sorry!"
Nima, push three times and block four mothers-in-law, I want to join your army, let's see if you dare to make a decision now!Wang Geng thought to himself.
There was an unspeakable silence in this corner of the restaurant, only the cigar burning in Jack Morgan's hand, and the sound of Kelly's spoon scraping the ice cream plate one after another.
The two foxes, one old and one young, stared into each other's eyes like fighting cocks.
"Young man, I have to say that no one has dared to be so presumptuous in front of me for more than ten years, but this is not the point. The point is that you aroused my competitive spirit when I was young! I decided to invest in you and your invention!"
Jack Morgan sighed inwardly, he had stumbled a little in front of the Chinese youth in front of him, and actually gave in to his ultimatum-like attitude.
"Jack! Thank you for your trust in me. I believe that although this investment may not be the largest investment you have made since you took over JP Morgan, it must be the investment that impressed you the most!" Wang Geng stood up and stretched out his arms. shot.
Jack Morgan had a reluctant wry smile, but still stretched out his hand and held Wang Geng together. The strength of both of them was quite strong!
"Okay, then let's hurry up, how much investment do you need, and in what form will we complete our cooperation?" Jack Morgan snuffed out the cigar butt in his hand, and took out a pencil and a notepad from his pocket like a magic trick , and conveniently put on the reading glasses that he took out of his vest pocket.
The head of Morgan's company comforted himself. The young man in front of him controlled Pfizer through invention, but he controlled him through capital. Who is the biggest and final winner, but he still doesn't know!
Kelly, who had been listening with her ears upright, couldn't believe her ears. Wang Geng really impressed Jack Morgan, the king of finance who dared not even neglect the president of the United States, with his three-inch tongue. ?
"A gentleman treats people with sincerity, Jack, we are partners now, right?" Wang Geng also sat upright, but added another sentence with no idea in his mind.
"Young man, my time is very precious, so stop talking nonsense, how much do you need to invest?" Jack knocked on the table with a pencil dissatisfied.
Nima, this is the spectrum of the boss and the investor?Wang Geng muttered in dissatisfaction, but his face remained unchanged, and he slowly expressed his plan,
"Pfizer's total assets are about US$600 million. I have already negotiated with John Anderson this morning. I will invest an additional US$1120 million, making Pfizer a large company with total assets of US$1720 million."
"In this way, I will own 65% of Pfizer's shares. At the same time, in order to thank Anderson and his management team for their contributions to Pfizer, I will allocate 14% of the shares as an option award to Anderson and his management team."
Jack Morgan carefully wrote down on the pad with a pencil, while motioning for Wang Geng to continue talking.
But the head of Morgan said in his heart, this Wang Geng is really courageous, and he gave away a share worth 200 million US dollars just like this. Does this count as bribery and buying?Do you have such a big deal if you change yourself?
Wang Geng looked at Jack's expression, and continued,
"In order to ensure that this transaction can be concluded, and to fulfill John Anderson's original promise to Charles Pfizer, I promise that the name Pfizer will always be kept in the name of Pfizer, and that Pfizer will be handed over to him for leadership during Anderson's lifetime. Pfizer's future successor is also chosen by him!"
Wang Geng stopped to observe Jack Morgan's reaction.
"Young man, you are really willing to spend your money!" Jack had no emotions on his face, he didn't know whether he was praising others or burying Wang Geng!
"The importance of Anderson and his team to Pfizer is self-evident. We are not so much investing in Pfizer as we are investing in Anderson. Although he is in his early sixties, I think he can continue to lead Pfizer for at least ten years." More than one year, the employer is not suspicious! Jack!"
Wang Geng patiently explained.
In fact, Jack Morgan admired Wang Geng's promise to Anderson more than anything else. This young man is not simple, has courage, courage, and is willing to spend money. Obviously, the head of Morgan thinks highly of this fellow!
"I appreciate your decision. Although Anderson is an old friend of mine, he has rejected no less than three capital injection attempts by Morgan in the past ten years. He is really a stubborn old guy. You are right, professional Things should be left to professionals. Please continue!"
A smile appeared on Jack Morgan's previously serious face.
"Pfizer's current assets are 600 million US dollars, and the annual output of citric acid is about 700 million pounds. If the production capacity is to be increased to 2200 million pounds, it is initially estimated that at least 300 million US dollars will be added!"
"And if we want to reach an annual production capacity of 8000 million pounds within three years, Pfizer's total assets will almost need to be expanded to become a company worth 3000 million US dollars, because considering that with the increase of production capacity, the existing market price will be competitive. There is an expectation of falling prices!
In addition, in order to ensure that the new process formula and secrets of citric acid are kept in the hands of Pfizer as long as possible, the security measures for production workshops, warehouses and laboratories will be greatly strengthened, and the treatment of employees will also increase. "
Wang Geng stopped and thought for a while, then lowered his voice and said,
"For one school, we can form a monopoly on the US market in one year, a monopoly on the European market in the second year, and a monopoly on the world's major markets in the third year. After three years, the annual sales will reach 8000 million U.S. dollars, and the annual net profit will be about 3000 million U.S. dollars. In terms of business, how much do you think your Morgan company wants to invest?"
"Morgan can buy your invention and the entire Pfizer including Anderson and his management team! You make an offer!" Jack Morgan's eyes finally burst into a frenzy, not because he is the leader of one of the world's largest consortia A disciple who is worth more than one billion U.S. dollars and underestimates the business Wang Geng is talking about at the moment!
Kelly, who had been listening behind her, couldn't hear the voices of the two foxes getting lower and lower, so she threw the spoon angrily and went to the bathroom.
"Mr. Morgan, do you think I'm such an easy-to-satisfy person?" Wang Geng turned his head to look at Kelly's graceful back, leaned back on the chair and said relaxedly.
The prospect Wang Geng described in front of Jack Morgan, if everything he said could come true, not only a financial tycoon like Jack Morgan, but also investment bankers in the entire United States and New York would flock to invest in such a project. project.
"Monopolize the citric acid market in the United States and the world?" Jack Morgan's pupils shrank and then dilated, as if he wanted to see the clue from Wang Geng's face. Is it bragging or something real?
"Jack, Freeman, the manager of the lobby at Morgan's headquarters, called your old friend Thomas Edison in the morning, and verified that Mr. Edison had indeed written me a cash check for $[-]."
Wang Geng said calmly,
"Now, of course, you can also call your second old friend John Anderson to verify whether my cooperation with him is true. Of course, this is a business secret. Will old Anderson admit that I am not I can guarantee it, but if my predictions are correct, he should already be in a hurry to convene the board of directors at this moment."
"If you miss the opportunity, there will be no more. I will give him and the board of directors of Pfizer until six o'clock this evening to make a decision. Don't wait!" Wang Geng said with a smile.
"Young man! You are really aggressive, so how much time do you have for me? Monopolizing the global citric acid market is something that any investor would be interested in!" Jack couldn't help but said.
"Uh... Jack, I don't mean to disrespect you at all, but most of the investment opportunities are fleeting. If I can't convince you when we are face to face at this moment, the frustration will make me give up cooperation with you, no To put it politely, you only have time to make a decision..."
Wang Geng looked back at Nurse Kaili who was covering her head to deal with the ice cream in front of her, then turned her head and said,
"It's not my habit to keep the beautiful nurse waiting for a long time. Before the ice cream on the plate in front of her is finished, I'm afraid you will have to make a choice. I'm really... sorry!"
Nima, push three times and block four mothers-in-law, I want to join your army, let's see if you dare to make a decision now!Wang Geng thought to himself.
There was an unspeakable silence in this corner of the restaurant, only the cigar burning in Jack Morgan's hand, and the sound of Kelly's spoon scraping the ice cream plate one after another.
The two foxes, one old and one young, stared into each other's eyes like fighting cocks.
"Young man, I have to say that no one has dared to be so presumptuous in front of me for more than ten years, but this is not the point. The point is that you aroused my competitive spirit when I was young! I decided to invest in you and your invention!"
Jack Morgan sighed inwardly, he had stumbled a little in front of the Chinese youth in front of him, and actually gave in to his ultimatum-like attitude.
"Jack! Thank you for your trust in me. I believe that although this investment may not be the largest investment you have made since you took over JP Morgan, it must be the investment that impressed you the most!" Wang Geng stood up and stretched out his arms. shot.
Jack Morgan had a reluctant wry smile, but still stretched out his hand and held Wang Geng together. The strength of both of them was quite strong!
"Okay, then let's hurry up, how much investment do you need, and in what form will we complete our cooperation?" Jack Morgan snuffed out the cigar butt in his hand, and took out a pencil and a notepad from his pocket like a magic trick , and conveniently put on the reading glasses that he took out of his vest pocket.
The head of Morgan's company comforted himself. The young man in front of him controlled Pfizer through invention, but he controlled him through capital. Who is the biggest and final winner, but he still doesn't know!
Kelly, who had been listening with her ears upright, couldn't believe her ears. Wang Geng really impressed Jack Morgan, the king of finance who dared not even neglect the president of the United States, with his three-inch tongue. ?
"A gentleman treats people with sincerity, Jack, we are partners now, right?" Wang Geng also sat upright, but added another sentence with no idea in his mind.
"Young man, my time is very precious, so stop talking nonsense, how much do you need to invest?" Jack knocked on the table with a pencil dissatisfied.
Nima, this is the spectrum of the boss and the investor?Wang Geng muttered in dissatisfaction, but his face remained unchanged, and he slowly expressed his plan,
"Pfizer's total assets are about US$600 million. I have already negotiated with John Anderson this morning. I will invest an additional US$1120 million, making Pfizer a large company with total assets of US$1720 million."
"In this way, I will own 65% of Pfizer's shares. At the same time, in order to thank Anderson and his management team for their contributions to Pfizer, I will allocate 14% of the shares as an option award to Anderson and his management team."
Jack Morgan carefully wrote down on the pad with a pencil, while motioning for Wang Geng to continue talking.
But the head of Morgan said in his heart, this Wang Geng is really courageous, and he gave away a share worth 200 million US dollars just like this. Does this count as bribery and buying?Do you have such a big deal if you change yourself?
Wang Geng looked at Jack's expression, and continued,
"In order to ensure that this transaction can be concluded, and to fulfill John Anderson's original promise to Charles Pfizer, I promise that the name Pfizer will always be kept in the name of Pfizer, and that Pfizer will be handed over to him for leadership during Anderson's lifetime. Pfizer's future successor is also chosen by him!"
Wang Geng stopped to observe Jack Morgan's reaction.
"Young man, you are really willing to spend your money!" Jack had no emotions on his face, he didn't know whether he was praising others or burying Wang Geng!
"The importance of Anderson and his team to Pfizer is self-evident. We are not so much investing in Pfizer as we are investing in Anderson. Although he is in his early sixties, I think he can continue to lead Pfizer for at least ten years." More than one year, the employer is not suspicious! Jack!"
Wang Geng patiently explained.
In fact, Jack Morgan admired Wang Geng's promise to Anderson more than anything else. This young man is not simple, has courage, courage, and is willing to spend money. Obviously, the head of Morgan thinks highly of this fellow!
"I appreciate your decision. Although Anderson is an old friend of mine, he has rejected no less than three capital injection attempts by Morgan in the past ten years. He is really a stubborn old guy. You are right, professional Things should be left to professionals. Please continue!"
A smile appeared on Jack Morgan's previously serious face.
"Pfizer's current assets are 600 million US dollars, and the annual output of citric acid is about 700 million pounds. If the production capacity is to be increased to 2200 million pounds, it is initially estimated that at least 300 million US dollars will be added!"
"And if we want to reach an annual production capacity of 8000 million pounds within three years, Pfizer's total assets will almost need to be expanded to become a company worth 3000 million US dollars, because considering that with the increase of production capacity, the existing market price will be competitive. There is an expectation of falling prices!
In addition, in order to ensure that the new process formula and secrets of citric acid are kept in the hands of Pfizer as long as possible, the security measures for production workshops, warehouses and laboratories will be greatly strengthened, and the treatment of employees will also increase. "
Wang Geng stopped and thought for a while, then lowered his voice and said,
"For one school, we can form a monopoly on the US market in one year, a monopoly on the European market in the second year, and a monopoly on the world's major markets in the third year. After three years, the annual sales will reach 8000 million U.S. dollars, and the annual net profit will be about 3000 million U.S. dollars. In terms of business, how much do you think your Morgan company wants to invest?"
"Morgan can buy your invention and the entire Pfizer including Anderson and his management team! You make an offer!" Jack Morgan's eyes finally burst into a frenzy, not because he is the leader of one of the world's largest consortia A disciple who is worth more than one billion U.S. dollars and underestimates the business Wang Geng is talking about at the moment!
Kelly, who had been listening behind her, couldn't hear the voices of the two foxes getting lower and lower, so she threw the spoon angrily and went to the bathroom.
"Mr. Morgan, do you think I'm such an easy-to-satisfy person?" Wang Geng turned his head to look at Kelly's graceful back, leaned back on the chair and said relaxedly.
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