Age of Dreams

Xiao Qi, who has no other means except for loans, is of course not so shallow. He uses the land he bought to borrow money, then buys land, and then the loan rolls over.

This kind of rolling capital chain method commonly used by developers in the future has long been disclosed by the Rising Sun commentator. A dozen consecutive column articles were directly published on the "Reference News". The businessmen gritted their teeth.

Many things are like this. If you say it out, it will not be so easy to operate.

After so long in the mall, the teenager has already become very smart.

After active discussions, during the Spring Festival, the teenager used 20% of Dreampad’s shares as collateral, and once again borrowed 120 billion yuan from the four major banks of China Agricultural and Industrial Construction in Shuchuan Province, of which 40 billion was used to redeem 20% of the previous mortgage. Of the shares, 72 billion of the remaining 80 billion was returned to Citi, Merrill Lynch and Goldman Sachs, and then 50% of the shares were taken back from their hands.

To put it simply and clearly, Xiao Qi took out 20% of Dreampad's shares to borrow, but redeemed 70% of the shares. In this way, he still made a net profit of 50%, plus 8 billion yuan!

Such a logical relationship looks complicated, but it is actually very simple.

The valuation of dreampad has skyrocketed again!

From the beginning to the present, with the continuous refresh of Dreampad sales, the value it represents has increased, reaching the value of 600 billion yuan today, and the four major commercial banks in China still feel that they are taking advantage of it.

The four major commercial banks did not dare to think about their previous low-priced 20% collateral. This is a very hot thing. For commercial banks like them, the interest difference is already enough to eat. It is necessary to covet to swallow the dreampad, a treasure that has attracted worldwide attention!

For the dreampad worldwide. Xiao Qi had always avoided contact with other domestic capital before, so he borrowed a lot of dollars.

Dreampad now has a deep root in the world and has an unexpected reputation. The country’s top officials will take care of the Fairy Company, consciously or unconsciously, with reasonable valuations and favorable interest rates in terms of loans. It is also normal for Xiao Qi to reclaim shares.

It is also because of seeing the care of Xiao Qi by Huaguo's bank. Citibank panicked first.

They attach great importance to Xiao Qi, a customer, and have even ranked first in China and top ten in Asia.

Fairy’s future development and growth, after reaching the "Intelligent Patent Alliance" with Joe’s gang, after absorbing Samsung and becoming the eternal sharer of the Dreampad app store, Citibank absolutely treats Xiao Qi, who has nothing to do with any worldwide bank. , To be treated as the number one customer in Asia, and strive to become the global financial partner of Fairy Company.

In the past, I advocated letting 30% of the dreampad shares of the fairy company mortgage, and the loan was only a few high-ranking officials of 5 billion US dollars. Has been reprimanded.

However, according to the characteristics of capitalism, they are reluctant to spit out what they eat, whether it is right or not, and they still know and pretend to be confused, holding their coveted 30% Dreampad shares in their hands.

But when they actively wanted to provide a new plan and wanted Xiao Qi to rely more on them, it suddenly came that Xiao Qi would directly repay the loan. The request to redeem the shares suddenly felt like being struck by lightning. Can't recover for a long time.

Citibank quickly learned the whole story, and immediately demoted several senior officials to Africa. At the same time, Tony, President of Citi Rong City Branch and Wade, Vice President of New York Branch, who have good relations with Xiao Qi, also started. Active public relations, through constant telephone bombings, caused Xiao Qi to be uneasy in Japan and the capital. At last a preliminary agreement was reached.

Xiao Qi will take out 20% of Dreampad shares as collateral for the second time in exchange for a US$20 billion loan from Citibank.

In other words, Citibank’s share price for Dreampad is higher.

The overall market value of 100 billion US dollars is 770 billion yuan according to the current exchange rate, although it is not comparable to PetroChina, Sinopec, China Mobile and so on. But it is still the number one giant among private enterprises!

Citibank’s home this time really treats Xiao Qi as an equal opponent.

According to the habits of Europe and the United States, it is a very tedious and complicated process for them to value a company. It took 38 first-class analysts to estimate Xiao Qi's 100 billion US dollars, and it took eight days to complete the analysis. , And then the discussion took five days before the amount was settled.

Huaguo’s bank loans usually have a rule of nine outs and thirteen returns... Oh, no, you can’t say that. Banks are legitimate business companies, not illegal usury loans.

Ok.

We can say that loan shark is borrowing from the rules of banks, um, that's all, please don't be crooked.

Banks usually only calculate the market value of a company based on 70% of the valuation, and then at most only loan 40%-70% of the market value part of the loan program. Such a collateral value of 10 million can be loaned to 500 at most. Million.

The beautiful name of the bank is to avoid bad assets, but is it actually that you want the lender to be unable to repay the money, and then eat this piece of fat at a low price?

This time Xiao Qi’s mortgage ~www.readwn.com~ can be converted into a full mortgage. Anyone with a discerning eye can see that it has received a lot of care, but it's not a certain level of people, there is no way to know, because it is not Will be made public.

The operating methods of European and American banks are basically the same, but they are more standardized. They will calculate the growth of your company in the next three to five years. There will be a certain premium in the valuation. 70% is in the hands of the lender. If it is a customer with good asset credit, then 100% loan is not impossible.

Xiao Qi is certainly the best customer.

Moody's, Standard & Poor's and Fitch's three major rating agencies have unanimously raised the credit rating of Fairy Company to the level of aaa, which is tied with super giants such as Microsoft, General Electric and Coca-Cola, so Xiao Qicai can get 100% mortgage from Citibank loan.

Don't underestimate the power of the three major rating agencies.

When the Greek debt crisis broke out in 2009, did Fitch, Standard & Poor's and Moody's downgrade their sovereign ratings one after another, and then immediately detonated the crisis. Hasn't it been out of control? (To be continued, please search, the novel is better and updated faster!