I am a nobleman in England

"Sit down, you have been working hard this time, Angela."

In the office, Arthur leaned back in the comfortable boss chair with a somewhat relaxed and lazy nest, looked at Angela who was sitting elegantly with a big smile, and said very sincerely.

"This is my job, and I also want to thank the boss for giving me the opportunity to buy the original shares of Coastal Company..." Angela smiled and thanked the young boss who couldn't hide her high spirits.

Arthur shook his head and smiled and waved his hand. He said indifferently, "I don’t need to say this. After that, you will cooperate with Corinna to take over the negotiation team and let her be responsible for the acquisition of the three wind power plants. As a result, the company’s share price will be again There will be a surge, and we can proceed with the next step."

"Well, as long as the stock price reaches 10 pounds, the value of the shares of the coast company in your hand can reach 1.3 billion pounds, but at least you can get enough funds from the bank to complete the acquisition of WWU Group!" Angela looked serious and serious. Said.

"Hehe, in fact, from the moment the Coastal Power Plant was successfully listed, our future plans have been on the right track. As long as we go step by step, we don’t make any rash progress. Success is only a matter of time. To complete the acquisition of WWU Group, I will No longer just a newcomer in the energy industry, the gas distribution network that controls one-eighth of the British natural gas can already sit on the table and divide the benefits!"

Arthur's eyes shone brightly, and those lights were like flames, fueling his ambition.

To be honest, from the very beginning, whether it was the company's listing, the continuous speculation that contributed to the listed stock price, or the acquisition immediately after successful financing, the use of good news to continue to stimulate the stock price all meant that it was just a part of Arthur's plan. The stocks in his hands are more valuable.

Then it can be used to pledge equity and get more money from the bank to complete its ambition-to acquire the British natural gas distribution network company Wales and Western Utilities, which are referred to as WWU.

WWU’s corporate value is estimated at £2.2 billion. It is one of the eight major gas distribution networks in the UK. The network covers 42,000 square kilometers and serves approximately 7.4 million people in Wales and southwestern England. The total pipeline length of the network is 35,000. Kilometers, and has 18 gas storage sites.

As long as the acquisition of WWU, Arthur can really be said to be an important place in the British energy industry, and can truly be on the table and share the interests with those old powers in the energy industry.

Become a big man who stomped and can also cause England to tremble!

"According to the information we have collected and investigated, under the gloom of the European debt crisis, the acquisition of WWU, which is still at a loss, is enough for you, boss, to complete the acquisition of WWU Group. Only 700 million pounds is enough. Its 2.2 billion pounds The market value, the most important thing is the net debt of 1.3 billion pounds, and it must be approved by EU regulators.

However, WWU is calculated in accordance with the British Financial Accounting Standards to show a loss, but if it is calculated in accordance with the accounting standards of the following countries and regions overseas, it will undoubtedly turn from a loss to a profit. It is expected that the return on investment from this acquisition will reach double digits. The number of growth."Angela explained.

"Hehe, what I care about is not the numbers displayed on the books and the different calculation standards of financial accounting standards. I am more concerned about whether you can make money with real value!" Arthur laughed and looked at Angie brightly and sharply. Pull.

"Yes, and according to our understanding, last year WWU's profit was 252 million pounds, but after its debt ratio is calculated, it is still net debt." Angela said in a very positive tone.

"Hehe, it doesn't matter if we can make money, the book doesn't matter. We just need to appease the bank. To turn loss-making assets into profit, we need economies of scale. We have natural gas power plants, and we can even allow coastal companies to continue their mergers and acquisitions. Running on the run, our natural gas has such a large customer, I believe that we can turn losses into profits soon.

After turning losses into profits, we can also sell some assets at high prices to earn spreads..."The more Arthur said, the clearer his thoughts became and the more organized.

Angela really admires her young boss's growing knowledge of capital market operations and the use of a business perspective to purchase energy assets, and she also sincerely admires her. How long will it take for a complete corporate management novice to become a real The businessman, Angela really felt that Arthur's growth was so fast.

"All of this has to wait until the three wind power plants have completed the acquisition. Now we can only prepare in advance. By the way, Angela, how is the progress of the acquisition of the 20 local newspapers?" Although Arthur is looking forward to becoming a new energy source The day of the tycoon comes sooner, but you also know that many things are useless to be in a hurry.

"I thought the boss, you forgot about it?" Angela groaned in a very rare voice, making Arthur shook his head and laughed a little helplessly.

"How could I have forgotten, I just trust you very much and know that you will handle it well, after all, I am really too busy during this time..." Arthur said as he said, he also laughed a little embarrassingly. Although he was really busy during this time, it did not delay his date with the little country queen, and had a tryst with Emily Xiao to appease Jiang Lai who had overturned the jealousy.

Hearing the pale sophistry of the young boss, Angela also reluctantly shook her head and chuckled: "The negotiation of the 20 companies has been completed, and now there is no boss. You have to sign and pay. According to your request, they are all small and medium-sized newspapers issued in cities and towns. Instead of a newspaper in a big city, it will cost a total of 24 million pounds."

"Hehe, the average family is £1.2 million, the price is not bad, the business model of the newspaper may be outdated, but the content itself will not be outdated. Whenever, consumers need trustworthy information based on the local. These newspapers are mature editors. The team and local brands are good assets.

Angela, I believe you have never failed to calculate how much cash flow did these 20 newspapers generate last year?

In the later period, you were very careful about acquiring these newspapers!Arthur couldn't help laughing and teasing.

"Well, I did calculate that these 20 newspapers generated a total of 28 million pounds of cash flow last year, and the purchase price of 24 million is really cheap." Angela nodded and replied seriously.

"Hehe, so, this kind of local xing newspaper is a monopoly xing company with very high competition threshold. Usually only one is needed in each place, and it is difficult for competitors to squeeze in—because the market capacity is too small, even if it pays a high cost to enter, the return The rate will be very poor. In any case, the newspaper still maintains its dominant position in delivering local news!" Arthur smiled very happily.

"However, boss, your acquisition of newspapers will surely surprise many people, especially now that newspapers have fallen to this level. Many people will question the use of your purchases, and you may get a lot of ridicule." Angela joked.

"The most famous sentence... By the way, it is to be greedy when others are afraid." Arthur said solemnly: "The real fear is not that a stock has fallen by dozens of points or that the market encounters a cycle. It's the kind of fear that seems hopeless.

This is the case in the newspaper industry. Critics all over the world believe that newspapers are dead, and advertisers have drastically cut newspaper advertising budgets. New media are increasingly taking up consumers' time. Even many newspaper practitioners think this business is hopeless.This is the time to really pick bargains, of course, if you have enough insight.

And I have this vision!"