Section 177 Fuji Bank
According to Buffett, if you spend 50 billion U.S. dollars now and wait for the Japanese economy to improve in a few years, it will become 150 billion U.S. dollars. When others told Li Cong that way, Li Cong felt that this person was a liar at first, but This was said by the legendary American stock god, and he just cooperated with him again, earning tens of billions of dollars from the Japanese devils. The credibility is relatively high, and he also followed Buffett to increase the unit of money from RMB to US dollars.
"Okay, neither of us is short of money, 50 billion is 50 billion, this check means that I have to issue you a check immediately, anyway, it is exchanged for 250, so I will hold it and call again." Go and exchange some two hundred and five for me." Li Cong kept saying two hundred and five, but Buffett is not a pure Chinese after all, and he doesn't know much about this term.
"I knew you would say that. Our acquisition this time must first target the Fuji consortium that suffered the most losses, that is, the Furong consortium. This consortium has shrunk by as much as 40% in this financial crisis, and its stock price has fallen by more than 100%. Forty percent is also the weakest link among the six major consortiums. Although the six major consortiums in Japan are not a whole, they are usually connected, and this is where we opened up the gap." After talking for a long time, Li Cong I understand it, this is the persimmon that has to be picked softly. "It has 4 major financial institutions including Fuji Bank, Yasuda Trust Bank, Yasuda Marine Fire Insurance Company, and Yasuda Life Insurance Company, as well as giant enterprises such as Nissan Motor, Nippon Steel Corporation, Kubota Iron Works, and the general trading company Marubeni Corporation. The heaviest losses are Fuji Bank and Yasuda Trust Bank. After we acquire most of the shares of these two banks, we can use these two banks to acquire large and high-quality companies in Japan. I will give you this time Let’s perform a show of what is called four or two, and I will use our 100 billion US dollars to swallow 300 billion US dollars of property. After doing this, I will close the mountain.” Buffett seems to be tired. Indeed, after doing this, he will Just wait for these industries to appreciate.
"I've heard of Fuji Bank, but the market value of this bank alone exceeds tens of billions of dollars. Will our acquisition be successful? If the entire Furong Group is aware of our acquisition, will it follow up with all our strength?" Let’s resist. There is a saying in China. You know that a skinny camel is bigger than a horse. Although the Furong consortium is seriously injured, they can easily get tens of billions of dollars after negotiating with other major consortiums. They can talk to them We procrastinate until the economy recovers, they can afford it but we can’t afford it.” Li Cong knew that since Buffett could tell himself about the acquisition, there would be no problem at all, and he would definitely think of everything he could think of. Well, the reason why I raised this question was to make it difficult for the old man, who didn't satisfy the problem of the students I sent.
"Hehe, you are worrying too much about this. Although the major consortiums in Japan are connected, they are far from reaching the level you imagined. Before the financial crisis, the major consortiums might have raised the money for Fuji Bank, but Now they don't know our intentions, and they are afraid that they will be the next one to buy, so they must save enough money to protect themselves, so we will use their mentality to prevent them from concentrating their capital, and we will do it one by one. Break, but well, my movements will definitely be quick and fast, so you don't have to worry about that." This old guy is really a fox, but he doesn't think about himself, and he just plays sloppy with himself.
When Li Cong saw that he could not achieve his goal, he might as well withdraw. It was getting late, and the two chatted for a few more words before Li Cong withdrew with the two huge checks. He still had to think about how to spend the extra five dollars. One billion dollars.
Of course Buffett understands what Li Cong means. After working hard in the business for so long, how can he not understand what Li Cong means? What kind of people are the best at playing finance, that is, those who have both capital and technology. Undoubtedly, Buffett is such a person. The financial world is his world. He cannot tolerate another person like himself.
He can share his profits with Li Cong equally, but he can't let Li Cong have the same ability as himself. It can be seen from the acquisition of the Japanese consortium, so Li Cong's request cannot be agreed to anyway.
Two months later, Japan
Yasuda Nobuobu, the president of Japan's Fuji Bank, is getting drunk at a nightclub in Tokyo at this time. After the financial tsunami, the entire Fuji Bank can only be described as miserable. When I want to ejaculate, I slip off the junior high school student in front of me. Things in the bank are very difficult these days, and there is no good news everywhere. This is the third day in a row. Yasuda used to disdain to come to this kind of place I'm looking for a little girl, but my son's friend has specially opened an introduction point for social assistance. In order to curry favor with me, she keeps the most juicy little girl for me every day, and I also like this kind of "sport".
The bodyguard at the door has been listening to the sex scene for a long time. This aphrodisiac drug produced by the Americans is really useful. It has been so long for an old guy like Yasuda who is almost 60. Japan is not very peaceful recently, and unemployed people often hang out on the street. He went to murder and robbery to vent his dissatisfaction, so he had to bring bodyguards with him when he came to this kind of Fengyuechang. It has been almost 20 years since I took over Fuji Bank from my parents. In the past 20 years, the market value of Fuji Bank has more than doubled in my hands. At the beginning, I disregarded the objection of the board of directors to form the Furong consortium, but I didn't expect that the consortium I created by myself is no longer my own. At the most difficult moment, I borrowed 10 billion US dollars from the consortium to tide over the difficulties. Without this money, it is still unknown whether Fuji Bank can survive this crisis.
It was finally finished an hour later, and the emptiness in my heart came again. I can really get drunk here, but the difficulties that should come later will still come. When I was depressed, the phone rang. Yasuda really didn’t want to answer the call. There hasn't been any good news to cheer me up in the past few months, but after looking at the number, it is a very important subordinate who is in charge of operating the bank's stocks. If there is no major event, I am afraid that I won't call myself.
"The boss is not good. We have observed that some people are buying our stocks in large sums, and they are buying at the lowest point of the day. So far, they have bought more than one billion US dollars. There have been such situations before, but then Under the premise of a good economic background, we have analyzed the large-scale acquisition in this situation, and someone should buy our Fuji Bank." In one sentence, it was like a bolt from the blue, someone wants to buy? There are not many people in the world with this ability, Americans? French? After thinking about it, I can't remember who came. Don't you know that the Furong consortium is behind Fuji Bank? How much capital would have to be raised to launch a takeover campaign against Fuji Bank?
"Boss, it may be that we were wrong. Now our stock price has risen by 3%. If it wasn't for someone's acquisition, maybe our group can use this Dongfeng to raise some funds." The person on the other side of the phone said again Yasuda thought this idea, but Yasuda obviously felt that this sentence was not convincing. When a company has reached a certain crisis point, it is not a shame to sell shares to tide over the difficulties, but there is a certain limit for that share, and it must not exceed its own bottom line. Otherwise, the company is not its own.
Yasuda ended the fun here in a hurry, and had to convene the board of directors to discuss this matter immediately, and immediately asked the group for help. If this mysterious person continued to buy, the group would have to repurchase its own shares. This is not a trivial matter, alas, Who is going to make life difficult for us?
While Yasuda was wondering, Buffett was having fun in the United States. It was a small test just now, and his real battle has not yet started.