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MillionNovel > I am a nobleman in England > Chapter 423

Chapter 423

    "Sit down. It''s been a hard time for you, Angela."


    In the office, Arthur is a bit relaxed and lazy, reclining in the comfortable boss''s chair, looking at Angela sitting gracefully with a bright smile and saying sincerely.


    "I want to thank my boss for the opportunity to buy my original job." Angela looked at the young boss who couldn''t hide her high spirits and said thanks with a smile.


    Arthur shook his head, laughed, waved his hand, and said casually, "you don''t need to say that. After that, you will cooperate with Corina to take over the negotiation team and let her be responsible for the acquisition of the three wind power plants. In this way, the share price of the company will soar again, and we can plan for the next step


    "Well, as long as the share price reaches 10 pounds, the value of your coastal company''s stock can reach 1.3 billion pounds. At least, you can get enough funds from the bank mortgage to complete the acquisition of WWU group!" Angela said with a serious expression.


    "Ha ha, in fact, our future planning has been on the right track since the successful listing of the coastal power plant. As long as we keep going step by step and do not rush forward, success is only a matter of time. I am no longer just a newcomer in the energy sector to control one eighth of the natural gas distribution network in the UK To sit on the table and divide the interests! "


    His vision was bright, just like the flame of his ambition.


    To tell you the truth, from the beginning, whether the company was listed on the stock market, continued hype to promote the stock price, or started to purchase immediately after successful financing, and continued to stimulate the stock price with good news, all of which were just part of Arthur''s plan, in order to make his shares more valuable.


    Then it can be used to pledge equity and get more money from the bank to fulfill its ambition to acquire WWU''s Welsh and Western utilities.


    WWU, with an estimated enterprise value of 2.2 billion pounds, is one of the eight major gas distribution networks in the UK, covering 42000 square kilometers and serving about 7.4 million people in Wales and the southwest of the UK. The network has a total pipeline length of 35000 km and 18 gas storage sites.


    As long as the acquisition of WWU, Arthur can really say that he has an important place in the British energy industry, and can really share the interests with the old-fashioned forces in the energy sector.


    Be a big man who stomps his feet and can make Britain tremble!


    "According to the data collected and investigated by us, under the haze of the European debt crisis, the acquisition of WWU, which is still in loss, boss, if you want to complete the acquisition of WWU group, you only need to prepare 700 million pounds. Its market value of 2.2 billion pounds, the most important is the net debt of 1.3 billion pounds. Moreover, it must be approved by the EU regulatory authorities.


    However, WWU is in a loss state only when it is calculated in accordance with the financial accounting standards of the United Kingdom. However, if it is calculated according to the accounting standards of the countries and regions below, it will undoubtedly turn loss into profit. It is expected that the investment return of this acquisition will achieve double-digit growth. " Angela explained.


    "Ha ha, what I care about is not the figures on the books and the different calculation standards of financial accounting standards. I am more concerned about whether I can make money with real value." Arthur laughs, looking at Angela brightly and sharply.


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


    "Ha ha, it''s OK to make money, but the book doesn''t matter. As long as we pacify the banks, we need scale effect to turn the loss assets into profits. We have natural gas power plants, and even let coastal companies continue to run on the road of merger and acquisition. We have such a large customer of natural gas. I believe that we can turn the loss into profit soon.


    After turning a loss into a profit, we can also sell some assets at a high price to earn the spread income The more Arthur talked, the clearer and more organized he was.


    Angela is also deeply impressed by her young boss who is more and more familiar with the operation of the capital market and uses the perspective of doing business to purchase energy assets. Only a long time ago, a complete enterprise management Xiaobai has become a real businessman. Angela sincerely feels that Arthur''s growth is too fast.


    "All this has to wait until the acquisition of the three wind power plants has been completed. Now we can only make preparations in advance. By the way, Angela, how is the acquisition progress of those 20 local newspapers?" Although Arthur is looking forward to the day of becoming a new energy tycoon, he also knows that many things are useless.


    "I thought you forgot about it, boss?" Angela''s rare and charming make complaints about Arthur''s reluctantly shaking his head.


    "How can I forget that I just trust you very much and know that you will handle it well. After all, I am too busy at this time..." Arthur said this, but also a little embarrassed smile two times, although he was really busy, but did not delay him with the country girl, meet with Emily Shaw, comfort Jiang Lai, who knocked over the vinegar jar.Hearing the pale sophistry of the young boss, Angela could not help shaking her head and chuckling: "the negotiation of 20 companies has been completed, and now there is no boss. You have to sign and pay. According to your requirements, all the newspapers are small and medium-sized newspapers published in cities and towns, rather than those in big cities. It costs 24 million pounds in total. "


    " hehe, the average price is 1.2 million pounds per family. The business model of the newspaper may be outdated, but the content itself will not be out of date. At any time, consumers need trustworthy information based on their own. The mature editing team and local brands of these newspapers are good assets.


    Angela, I''m sure you don''t have a systematic accounting. How much cash flow did these 20 newspapers generate last year?


    In the later stage, you are very careful about purchasing these newspapers Arthur couldn''t help laughing and joking.


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


    "Ha ha, so this kind of local newspaper is a monopoly company with very high competition threshold. Usually, there is only one newspaper in each place, and it is difficult for competitors to squeeze in - because the market capacity is too small, even if it pays high cost to enter, the rate of return will be very poor. In any case, the newspaper still maintains its position in terms of local news transmission! " Arthur said with a very happy smile.


    "However, boss, your purchase of newspapers will certainly surprise a lot of people. Especially now that newspapers have fallen to such a low level, many people will question the use of buying them and may get a lot of ridicule." Angie joked.


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


    This is the case in the newspaper industry. Critics all over the world believe that newspapers are in a dead end. Advertisers have also cut down the advertising budget of newspapers. New media occupy more and more time of consumers. Even many newspaper practitioners think that this industry is hopeless. This is the time to really pick bargains, of course, if you have enough vision.


    And I have this vision


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