Extraordinary Genius

Chapter 1634: Not One Person (10/10)

The next day, the board of directors of the same car was reconvened, and all the directors offered what they thought would be the most appropriate solution, but interestingly enough, several of them were so similar.

Obviously, while Saul stressed that everyone had to take care of the interests of each shareholder and the interests of the company according to their own ideas, these people must have consulted privately.

“Does everyone agree with this plan?” Saul looked around at the other directors, this program, and they've been discussing it for two hours!

Malfoy's face was a bit ugly, and the plan, in his view, was to drink and quench thirst. While some cash is available, the company's dilemma cannot be fundamentally resolved.

Losing those bags is not enough to get the company out of trouble. But this program, which was negotiated by these directors, Malfoy was very disappointed.

After all the directors agreed, Saul went on to say, "Malfoy, you speak to Rain Holdings on behalf of the company, and this time, it's important to get more than $10 billion in cash for the company, and when this is done, I nominate you to the board. ”

Malfoy looked at Thor Surprisingly, he looked at the other directors, and no one spoke out against them.

These assets, if they were two years ago, would not have been sold for $10 billion in common use. But now, when you count the loss, 10 billion dollars in cash, not many people will accept it.

Importantly, shared cars can throw away a lot of bad assets, which is the key.

……

Ralph looked at the material Malfoy brought over, with all the shares they wanted most to buy in the same demon, the best off-road brand in North America, and the Swedish Saab, and spent more than three billion dollars buying them together more than a decade ago.

There are also several factories, all very old factories, and the equipment in them is also seriously aging. Ralph was most dissatisfied not with these, but with accepting all the employees of these enterprises and enforcing the employment contracts according to the same criteria.

“Malfoy, is that your sincerity? These assets, you're offering $15 billion? Do you think we can't afford to spend enough money on Rain Holdings, so you're going to help us spend it?” Ralph left the information on the table.

If Ralph says yes, he's definitely no longer CEO of Rain Holdings.

“Don't worry, Mr. Ralph, this offer is for other businesses, and the Rain Holding Group quote is $13 billion, in full cash.” Malfoy quickly explained.

“$13 billion? Full cash? This cash, of course, we at Rain Holdings can get it, but do you think these assets are worth so much money?” Ralph grinned.

“Why isn't it worth it? Saab, nearly 20 years ago, when we bought the same car, we spent more than $3 billion, even if it's just inflation, how much is it worth now? ”

“Hummer, the world's most famous off-road brand, has been known more than once as the world's best off-road car, and is also a car that we have purchased in large quantities from the US ~ Army ~ Squad. ”

“Demons share the same shares, although we only have 33 percent, but that's actually in the Huaxia market, second only to Iceland Machine Manufacturing Group, right? And all the production line equipment, all brand new, includes research institutes like the Institute, and we've invested more than three billion dollars over the years, and this share has been profitable for years. ”

“As for the North American and European plants, there are a large number of skilled workers and managerial talents, which alone are worth much, let alone factory equipment and plants. ”

“Thirteen billion dollars, you made a fortune. If we hadn't needed cash urgently, we wouldn't have considered it under $15 billion! ”

When Malfoy says these words, it gives Ralph the feeling that you're taking a big advantage.

But Ralph knows exactly what these industries are worth. Especially the so-called skilled workers and managerial talent, which the boss expressly forbids, definitely not.

“Malfoy, if these assets were $13 billion two years ago, we could think about it, but right now, we would never agree. ”

“True, Hummer used to be the best Land Cruiser in the world, remember, was ever. Hummer's emissions are too large, and oil prices are not cheap now. Once Hummer had a massive order from ~ Squad, but Afghanistan ~ has proven on the battlefield that Hummer can only be used as support now, and the bullet-proof effect is too poor. ”

“Hummer has lost orders for the Army ~ Squad, and the sales of civilian money have slowly declined. And with the popularity of the concept of environmental protection, we in the US are going to control large volumes of cars. Why island cars are growing in North America is because they do a great job of saving energy. ”

“We expressed an interest in Hummer's brand, but it's just an interest, and now Hummer is a loss, right? ”

“There was also the Saab, which was ridiculed by many when it was bought together, and it turns out to be a coma. What's the value of a Saab car losing year after year, falling sales in Europe, even in Sweden, turning into a replacement factory for other brands? Even the Saab brand is devalued! ”

“As for the shares that Demons all share, I also told you that if my boss wanted to, he could make the sales festival that Demons all share slip. If Songjiang Automotive hadn't focused on overseas market development over the years, do you think that magic can grow so fast? ”

“And the factories in Europe and America, do you really think we haven't investigated? These factories, all of them seriously aged factories, maybe none of them have 2,000 years old equipment, all 2,000 years old equipment, that's what you call quality factories? ”

“And I want to make it clear that when we buy the same brand, shares and other assets, never use any of the same employees, any of them, including the cleaners! ”

Just kidding, employees who share cars are paid three times as much as businesses like Crazy Field, and all kinds of insurance, allowances, etc. are the highest of all companies.

It is a huge burden to start losing money in the same years, to have a lot to do with this, and many insurance policies, especially health insurance, also include the family members of the workers.

This baggage, Feng Yu will never carry it!

Malfoy was stunned, he did not expect that the Windstorm Holding Group knew so much about the cars they shared. Ralph had identified the shortcomings of these assets without looking at any information. It seems that this negotiation is difficult to satisfy both sides.

Some of the baggage they most want to throw away seems to have been discovered. What should we do with the same car?

……

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