Back To 1995

  Chapter 181 Dividend Conference

   It can be said that Kenneth and Jeff Skilling watched as Song Yang got to where he is today.

If it is said that An Ran has been rushing forward in the past two years, then Song Yang is almost comparable to the racing car in F1. He does not step on the brakes all the way, and directly steps on the accelerator to the end. It took less than two years. Now it is rumored to be worth more than one billion yuan, and there will soon be the first listed company in hand!

  Song Yang glanced at the people below, "Thank you all for being able to participate in the first shareholder meeting of Telecom Americas, and thank you for everything you have done for Telecom Americas!"

"Today's shareholders' meeting is mainly for two things. The first is about cooperation with the Telephone and Telegraph Group." Song Yang glanced in the direction of Best, "In the future, the two companies will hopefully jointly operate telecom and network operations. service business.”

   "The second thing is about the future development plan of America Telecom, which needs everyone to vote together!"

After all, America Telecom still has a number of shareholders. Although as a major shareholder, Song Yang can directly bypass them to make decisions, but the process that should be taken still has to go through again. After all, Song Yang still expects these shareholders to continue to spend money on them. America Telecom.

   "Of course, before I start, what I need to explain is that if there are current American Telecom investors who want to exit, they can exit now!"

This remark is mainly aimed at several investors at the establishment of America Telecom. America Telecom will definitely invest more and more, and the number of investors introduced will continue to increase, and the risks will also increase exponentially. At this time, it is undoubtedly a next The opportunity for cars, the route from Chicago to Wall Street, has made enough money for America Telecom.

If you get the dividend and get out of the car, you will definitely not lose money. For example, Eric, the director of Comerica Bank, and the director of Comerica Bank have invested more than ten times the amount of money earned by investing in America Telecom over the past year. .

At present, the major shareholder of America Telecom is Song Yang. Song Yang currently holds 72% of the shares of America Telecom. The second largest shareholder is Comerica Bank, which holds a 10% stake. Asia, each holding a 5% stake in America Telecom.

   Now we need to add Kenneth's 5% stake in America Telecom and 3% stake, which is the major shareholder of the entire America Telecom.

   Before accepting Enron's investment and cooperating with the Telephone and Telegraph Group, Song Yang had to make a surprise dividend, and after the loot-sharing conference, he reorganized America Telecom.

If you don't pay dividends, it's not too cheap. Enron and the Telegraph Group have worked so hard for over a year, taking such a big risk, and fighting with WorldCom, and for what reason, he gave the Telegraph Group. For a wedding dress? !

When Song Yang said let him quit, it was mainly to Eric, Kerimea, behind Jain, and Comerica Bank. bear again.

Hearing that Song Yang was going to be the first to pay dividends before cooperating with the Telephone and Telegraph Group, Best frowned and then returned to business as usual. Song Yang's actions are definitely not authentic, but now the Telephone and Telegraph Group is not a shareholder of America Telecom. Knowing that it was a prank, she couldn't say anything.

This kind of behavior is not uncommon among listed companies. Just like some listed companies, they kept crying for poverty, and then went to the bank to take out a loan of 2.5 billion in one go. Dividend two billion in one go...

   Dividends are definitely not from cheap leeks. The ones who get the most must be the major shareholders. Little leeks are expected to burst into tears when they see this wave of operations.

Taking the loan from a listed company and sending money directly to the major shareholder can be repaid, the debt belongs to the company, and the money belongs to the major shareholder, so there is no need to pay it back, and even the tax paid is even more favorable. This operation is almost It's full.

   He knew that Song Yang was a showman, but Best couldn't say anything, so he could only watch it. He didn't say anything when he didn't see An Ran who was going to invest $500 million in America Telecom?

It would be **** if Kenneth and Jeff Skilling could object. They are already shareholders of America Telecom. The higher the dividends of America Telecom, the more they get. They use tens of millions of dollars for a few 100 million, ghosts don't want it!

   As for whether Enron loses or not, Kenneth and Kenneth don’t care. No matter how much money Enron makes, it can’t directly reach the two of them.

   "Song, RICK will not quit America Telecom and will always support you!"

   Eric said with great loyalty, looking at the top 300 companies in America, such as Enron, Telephone and Telegraph Group, and Comerica Bank in the conference room, Eric felt the pressure.

   Among the shareholders of America Telecom, it is obvious that the investors are getting bigger and bigger. Even if RICK is the largest nightclub group in America, in front of Enron and other companies, it is simply not enough.

  Eric knew that if he wanted to continue to get the profits from America Telecom, he could only cling to Song Yang's thighs. He had tasted the sweetness, how could he get out of his legs.

   "Comerica Bank will not withdraw from the cooperation with Inter-American Telecom, and the director of Kerimaia is also willing to support Song you forever!"

   Chris Jain said with a pun, not only on behalf of Comerica Bank, but also on behalf of the boss behind him, Kerimaiya.

   Just kidding, I don’t see America Telecom balloons getting bigger and bigger, although the water is a little big, but the potential is visible to the naked eye, how can Caremeyer exit, and then find the next profitable investment opportunity like America Telecom, I don’t know it will have to wait until the Year of the Monkey.

Seeing a group of people who were unwilling to withdraw, Song Yang didn't say any more. He gave them the opportunity to get off the pirate ship. , they can't blame Song Yang.

   "The Board of Directors of America Telecom has decided that after deducting costs, working capital, advance payment from partners, and issuing incentives to all staff of America Telecom, it is expected to take 65% of the profit and distribute dividends to the investors of America Telecom..."

  Song Yang finally softened his hands, and his face became thinner. He didn't have the guts to dig up all the leek roots, and left a sum of money for America Telecom, but he didn't completely hollow out America Telecom.

   In addition to the line cost of US$300 million and various expenses, Song Yang reserved a cash flow of US$600 million for Telecom America, so that Telecom America can maintain and upgrade the line in Chicago.

And take out 65% of the profit for dividends, which is the profit of the Chicago-Wall Street line in the next five years, and was divided by Song Yang in one breath. Skilling and Comerica Bank will share $2 billion together!

   As a major shareholder, Song Yang is expected to receive a dividend of about 1.4 billion US dollars. This one will directly double Song Yang's worth, and it is cash flow!

Eric also looked overjoyed. His worth has also skyrocketed. The key is how much he invested in America Telecom. A few million dollars in exchange for nearly 20 or 30 times the cash return, and the valuation of America Telecom's ten billion dollars, let him His worth was directly puffy to about 700 million US dollars.

Even puffiness made Eric begin to touch the threshold of the billion-dollar club. When RICK was listed before, its valuation was less than $100 million. It is conceivable how much Eric earned this year. !

Jia En looked at Eric, and if he didn't envy him, he would be an absolute bullshit, but he also got a lot, except that Song Yang and Kerimaia would give him a reward, he was in the Comerica Bank, This time, it can be said that it has skyrocketed.

   Hearing this dividend gave Best a new understanding of America Telecom's profitability. Compared with traditional telecom operators, America Telecom is no different from stealing money.

   And after five years, as long as this line can maintain its advantage, I am afraid that it will cut Wall Street’s leeks for five years. This line alone will make America Telecom the second largest existence after the major telecommunications giants!

However, Song Yang, Eric and the others were happy, Best was not surprised, but the two of An Ran, Kenneth and Jeff Skilling also had fascinated smiles on their faces, which puzzled Best. It was Enron's money that America Telecom was in, so the two of them were still a little happy? !

Glancing at Song Yang, Kenneth, Eric, Jia En and others, Best couldn't help but have a thought in his heart, the Houston consortium, the people in front of him are all from Texas and Houston, and they are with the group again. A bit of the flavor of the Houston Consortium.

   After coughing, Best said to Song Yang, "Song, once America Telecom has reached a cooperation with the Telephone and Telegraph Group, I hope America Telecom can introduce audit institutions such as accounting firms!"

Best is to prevent Song Yang from doing this again in the future. The Telephone and Telegraph Group can't bear it, so he vaccinated Song Yang in advance. In the past, America Telecom was Song Yang's own. After the cooperation between the Telephone and Telegraph Group, we must start to enter into the positive planning, and we can no longer engage in slapstick operations.

At this time, Kenneth seemed to have finally remembered that he was the president of Enron Corporation, and also said, "Enron also agrees with this proposal and should introduce a professional audit firm, I recommend Arthur Andersen, which is an old friend of Enron Corporation! "

   "After the reorganization of Telecom Americas, it will introduce professional managers, audit institutions, and legal cooperation companies. I can guarantee that major shareholders will not interfere with the operations of Telecom Americas at will."

Song Yang said eloquently, saying that after the reorganization of America Telecom, he would stop it, but let Arthur Andersen be responsible for the audit of America Telecom and other things, Song Yang did not answer, using this thing is better than Song Yang messing around by himself Woolen cloth.

   After the spoils-sharing conference was over, the entire conference room began to enter the focus of today.

   "President Best, I still made my previous proposal. I think the Telephone and Telegraph Group should jointly operate the telecommunications business with America Telecom!"

   Song Yang looked at Best and said that he still wanted America Telecom to swallow up the network optical fiber line department of Telephone and Telegraph, and let Telephone and Telegraph Group fully support America Telecom.

   (end of this chapter)