I am a nobleman in England
Chapter 257
"Since the work of the coastal power plant has been straightened out, then we should also start the equity reform..."
In the office, Arthur smiled and looked at Angela and Corinna sitting across from each other and said, tapping the desk lightly with his fingers, and continued to smile: "I believe the outside world has received the news that we are promoting the listing of the power plant. Let go of some equity to attract some investors."
"So, what valuation and how much equity do you plan to release, boss?" Ke Linna, the CEO of the power plant, asked with particular concern.
"On the basis of the initial construction scale of 750 million pounds, I only reserve 50% of the equity, 20% of the IPO, and the remaining 30%, except for 5%. The equity is left for internal digestion by the power plant, and the remaining 25% is used for external sales."
Arthur spoke out the plan he had thought up a long time ago. Although his plan was a bit taken for granted, after all, he had just spent 400 million pounds to acquire a power plant, and in a blink of an eye, he had to double the value of it. The price attracts investors, it is simply stealing money. I am afraid that as soon as the news is released, he will become a target of ridicule.
Will definitely be mocked as a fool who wants money and crazy!
Yes, Arthur is crazy about money, but he absolutely believes that someone will be willing to pay the money to be taken advantage of.
Just as Arthur imagined, when she heard the numbers she reported, Corinna was speechless. At this price, does the boss want to sell equity?Such a price will undoubtedly scare away sincere investors, nothing else, too expensive!
"Boss, is this price..."
"It's too expensive?" Before Corinna finished speaking, Arthur asked with a smile, looking at Corinna who was puzzled and nodded, but before Corinna could continue to ask questions, Arthur looked at Angie and smiled. Said: "Do you think it is expensive too?"
Angela smiled and shook her head, glanced at Corinna who was full of doubts, and said to Arthur with a smile: "This valuation is a normal valuation. With the recovery of the world’s major economies, the high-quality assets that were previously undervalued for various reasons, All will usher in a rebound period.
Valuation based on the scale of the establishment of the factory is not a problem, and investors who are really interested will not care. On the contrary, only 25% of the shares sold abroad may not be able to satisfy the appetite of some people."
"At this point, I can't help it. I have to hold an absolute half. I don't want to be taken over by others and eventually kicked out by those investors. Therefore, absolute controlling rights are fundamental. No discussion on this matter!"
Arthur looked serious, with sharp eyes, looked at Angela and Corinna, and said firmly.
The game between founders and capital is not a unique topic. The founders of many world-renowned companies have not escaped the fate of being kicked out by capital.
Many entrepreneurs or entrepreneurs, when they need to use external capital to expand their scale, will face the dilution of their equity, and even the result of being kicked out by investors in the end.For the founder of a company or product, the saddest thing is being swept away by his company.
Angela and Corinna glance at each other and fully understand the concerns of young bosses. After all, entrepreneur Yu uses capital to make the company grow and grow, and capital may also use loopholes in the equity structure to get the founder out. The two are both a cooperative relationship. There is a game.
However, as the person in charge of an enterprise, when the enterprise has reached a certain stage of development, how to define one's role, and how to appropriately have the right to speak and make decisions, is not in place for most entrepreneurs and entrepreneurs.
If a startup company wants to expand rapidly, it must introduce capital. As long as financing, it will inevitably dilute the founder's control over the company.This is also the fact and price that entrepreneurs must accept.
Especially for the coastal power plant, it hasn’t been long before it’s been acquired, and it is necessary to eagerly carry out shareholding reforms and strive to be listed companies, plus the owner is so young, once financing starts, maybe a group of hungry wolves will be introduced. It is not impossible to not be able to occupy the absolute initiative and be devoured by food.
Arthur, who knows these shortcomings, will naturally not make such fatal mistakes. As long as he holds an absolute half of the equity, no one can turn the sky over!
"In this evening's energy industry cocktail party, in addition to local energy companies in the UK, there are also heads of investment companies from other countries who will also participate, especially those from China, Australia and Canada, which are very interested in British energy and basic industries. Of investment institutions will be present.
Perhaps we can reveal the news in advance and see their reactions. To be honest, time is indeed too hasty, which makes us lose a lot of preparation time. Once we enter the negotiation table, if we want to promote a cooperation agreement, we must make concessions. ."Angela looked at Arthur with a trembling brow, and said helplessly.
“It’s normal to make concessions in business talks and prices. The valuation of 750 million pounds is just our own thinking and will naturally not be recognized by others. However, even if it is 600 million pounds, for us, It is a business that makes a profit without losing money. In this way, our capital, Barclays Bank, will also let go of worries and concerns."
For the coastal power plant that was originally acquired by borrowing chickens to lay eggs, Arthur used it as a prying board and used a series of operations on it to leverage his ambitions in the energy industry.
"Understood." After understanding the young boss, Angela and Corinna nodded at the same time.
"Angela, are there any new trends in the Muzi family consortium in Herijiang that I have brought your attention to?" Earlier, when Angela mentioned the other guests at the reception tonight, Arthur's mind immediately flashed that one. "Just a businessman" Muzi rich.
"Boss, the results of the investigation are really as you guessed. If our acquisition was not fast enough and we signed the letter of intent with the original coastal power plant, we might run into this Muzi family consortium. The competitor, the Feldspar Group under their family does have the idea of taking the 49% stake in the coastal power plant.
It's just that when we started, they just had a meeting to study. Then, after we announced the full acquisition of the coastal power plant, they did not seem to give up. They had called to consult the coastal power plant."Angela said, turning her gaze to Corinna who was aside.
"I did have consultations, but all the attention and energy of the company was spent on the boss and your negotiating team. I didn't pay much attention to it. I thought I just wanted to inquire about business news." Corinna explained.
"Yeah." Arthur nodded solemnly. He was lucky this time. He didn't run into Muzicheng with rich wealth. Otherwise, he would really be crushed, but he knew that Muzicheng would almost buy it in the future. In the second half of Britain, as long as Arthur's energy plan remains unchanged, sooner or later, it will be met. It is almost impossible to say that there is no pressure.
"Will the Feldstone Group also attend tonight's reception?"
"...This is really unclear." Corinna glanced at Angela, saw Angela shaking her head, and then spoke.
"Ask clearly." Arthur looked at Corinna and said.
"Okay, I'll find someone to check it later."