Chapter 599 Selling the Concept Twice
In fact, at the beginning of the year, the listing of Fan Wubing's iron ore company, which he referred to as Fan Texi, Fan's Heavy Metals Western Australia Company, had been successfully completed, and it had also raised 4 billion Australian dollars in the market. The above funds, but now it seems that the use of funds is still a bit beyond the means.
The most critical issue is that Fan Investment Group has used various means to empty out a large part of its funds, and instead invested it in the stock and futures market to make profits, and has purchased a lot of real estate for investment in Sydney, so now Fan Texi Company plans to increase its investment and continue to raise some funds for the later construction of the mine.
However, for listed companies, such things as increase are also a double-edged sword. It may not only raise funds for themselves, but also may cause investors to have extreme distrust of the company, leaving no one to respond to the increase, and ultimately causing investors to use There has been a precedent of voting with one's feet and failing to increase the number of projects.
Because investors are not fools, they know very well that if the company expands without limit, the purpose is obviously to make money, but everyone needs to understand whether the company's future performance is enough to support the increase. If there is no performance support for unlimited growth, If it does, it can only bring about a sharp fall in stock prices.
Unless, behind the scenes of the increase, there is a driving force that can make the company's profitability grow strongly and promote the increase, but this kind of thing is often insider information, which is difficult for ordinary investors to get in the first time.
The reason why Governor Hobitt of Western Australia is worried about Fan Wubing's indiscriminate behavior is because he is worried that his unrestricted growth will bring down Fan Texi Company. When the time comes, the investors will make money and leave, leaving behind a Leaving the mess here alone will greatly damage his prestige and leave him with a bunch of investors protesting against claims all day long to cause trouble outside the state government.
Fan Wubing naturally has a solution. His solution is the second procurement plan proposed by Jiangnan Province for Fan Texi Company to increase the purchase of high-quality iron ore by 40 million tons per year.
The steel smelting industry in Jiangnan Province still has a huge demand for imported iron ore. The purchase and sales contract of 20 million tons per year signed by Suo at the beginning of the year was just good news that prompted Fantasia Company to go public. , the output of 20 million tons does not allow Fantasy to stand on an equal footing with Rio Tinto and Biho. It only shows that Fantasy has opened a gap in the Chinese mainland market. In the future, The development prospects are very good.
But this time it’s different. The contract signed this time to increase the purchase of 40 million tons of high-quality iron ore per year will directly force Fantasy to expand its production capacity by at least three times. This gives the company sufficient reason to find funds to quickly expand its production line.
Since the product is produced and there is no need to worry about sales, it is natural for the stock to increase production capacity and expand, and the five-year purchase and sales contract is enough to ensure that the interests of investors are not harmed.
After Governor Hobbit learned about Fan Wubing's refinancing plan,
I feel a lot more relaxed at last. As long as Fantasy Company continues to develop iron ore in Western Australia, it will bring great benefits to the state government, which will make its political achievements more dazzling and support itself in the next year. Stand out in the first prime minister election and win a place.
As for whether there is any malicious money-making factor in this, Hobbit believes that there should be, otherwise the 4 billion Australian dollars raised from the previous new shares would not have been unable to make ends meet so quickly?
Although Fantasy Company has been building railways and ports, and has also invested heavily in building mines and ore selection sites, and purchasing various large-scale mining equipment, everyone knows that although these projects are expensive, they are It is impossible to consume all the funds raised. Fantasy Company is going to increase its shares so soon, which obviously means it has greater ambitions.
However, Fan Wubing's share increase this time is not high, accounting for only about 10% of the total share capital. The expected value is to raise one billion Australian dollars.
The reason why there are not too many stocks added is actually based on some considerations. The issue of stock increase is not only to obtain a certain amount of cash flow, but also often has the effect of increasing the stock price. Once everyone discovers Fantasy's prognosis When the number of shares is good and the number of shares added is not large, you will realize that this is a rare opportunity. Since new shares are hard to find, the only choice is to continue to collect circulating shares in the market.
Although Internet stocks now dominate the world, because of the introduction of Chinese concepts, Fantasia's stock increase work has gone relatively smoothly, whether it is local Australians or foreign investors with certain strength in the Australian capital market. , all attach great importance to Fantasia, which occupies the majority of the iron ore import market in mainland China, and believe that if China's reform and opening up policy can continue to be implemented, Fantasia's profitability will not be a problem. After all, the Chinese market The demand for iron ore is growing.
As the only way for a country to enter the developed world, the production of steel is still the top priority, and the current lack of high-quality iron ore resources in mainland China will inevitably lead to the continuous expansion of iron ore import demand. At this time, Fan Investment Group is The development of mines in Australia is indeed an ambitious and ambitious move.
Especially this time, the news that Fan Wubing went to Sydney to meet with Governor Hobbit of Western Australia has spread, and interested people have also received rumors that Fan Texi Company is about to obtain a second huge order from Jiangnan Province, and some people have also inquired about the owner. Fan Heng, the governor of Jiangnan Province, is the biological father of Fan Wubing, the boss behind Fantasy Company. Together, these factors are enough to make investors frantically purchase shares of Fantasy Company.
Within two trading days, Fantasy's stock price rose by 15% and the trading volume suddenly increased. Obviously, there are powerful funds that have taken a fancy to Fantasy's future prospects, so they adopted a very tough approach. The posture has entered the layout in advance.
Fan Wubing is optimistic about this. Since the current stock price has increased, when it increases, the stock price will naturally increase accordingly, which is very beneficial.
Before Hobbit left, he left behind his assistant, the Chinese girl Miss Yang Huiling, and asked her to accompany Fan Wubing to visit the sights of Sydney.
Fan Wubing didn't object to this, because his understanding of Sydney was very simple. The last time he came here, he only passed by in a hurry. For example, the Sydney Opera House and other things were all on the side, not to mention anything else. Other scenery.
In fact, Fan Wubing didn't know what else to see in Sydney.
Yang Huiling was a few years older than Fan Wubing, and she looked more lively. She probably often worked as an assistant tour guide, so she seemed very comfortable when leading Fan Wubing and his entourage around. With a Taiwanese Mandarin-style voice, Fan Wubing naturally thought of the heroines in Qiong Yao's TV series.
"The Sydney Tower was built in 1968, the 57th year of the Republic of China. The 230-meter-high tubular tower body is made of forty-six 5-meter-long, 6.7-meter-diameter, 32-meter-high tubular towers. The tubes are stacked one on top of the other. Fifty-six steel cables are connected to the structure on the outside of the tube. Each cable weighs seven tons and is made of two hundred and thirty-five strands of seven-millimeter steel wire. The total length of the cable can reach 170 kilometers." Yang Huiling habitually put her hands behind her shoulders, then tilted her head slightly to introduce the tower to Fan Wubing and others.
The Sydney Tower is located in the center of Sydney, with a height of 304.8 meters. It is the tallest building in Australia, together with the Sydney Opera House and the Sydney Harbor Bridge, and is known as the three major landmark buildings in Sydney.
Sydney Tower is a multi-functional building with a golden appearance that looks particularly spectacular under the sunlight. The tower of Sydney Tower is a nine-story cone building. The first and second floors are two revolving restaurants, each with more than 200 seats. Because seats are limited, you must make a reservation in advance if you want to eat here.
The third and fourth floors of the tower are observation floors. The observation floor is surrounded by large pieces of glass and protected by a thick iron grille. Looking out the window, you can have an unobstructed view of the entire city of Sydney.
The observation floor has prepared high-powered telescopes for tourists, with the help of which they can have a panoramic view of the surrounding scenery within 70 kilometers. TV videos are also played here to introduce the construction process of the Sydney Tower and the history of the city of Sydney.
The safety design of the Sydney Tower is also very complete. It is designed to withstand strong winds and strong earthquakes. On the seventh floor of the tower, there is a fire room with a water storage tank with a capacity of 160,000 liters. The water spray holes connected to it are located in every corner of the tower. The tower is also equipped with an emergency exit leading directly to the street. In the event of a fire, people can escape along the safety ladder.
For safety reasons, people visiting Sydney Tower are subject to necessary checks at the entrance and smoking is prohibited in the tower.
Fan Wubing listened to Yang Huiling's introduction and said with a smile, "Ms. Yang, from now on you only need to say how many years in the Christian era, and there is no need to convert the years in the Republic of China. We are not familiar with this anyway. In fact, No need to think too hard.”
Yang Huiling felt a little embarrassed when she heard this, and said sheepishly, "Sorry, I forgot that you are from the mainland."
Fan Wubing smiled slightly and said nothing more. After walking around the Sydney Tower for a while, the group went to a revolving restaurant near the Sydney Tower to eat.
This is a cylindrical building with a height of more than 180 meters. It is said to be the tallest skyscraper in the world made of lightweight cement. The revolving restaurant has a novel, beautiful and unique design. The diameter of its turntable It is 43 meters tall, has a total weight of 100 tons, and can accommodate more than 300 passengers at the same time. Each round of the restaurant takes more than an hour. Here you can enjoy the city scenery of Sydney through the glass windows while dining.
Yang Huiling had reserved a seat here in advance, right next to the floor-to-ceiling windows. When the food was served, Fan Wubing found that it was very ordinary Taiwanese food. He couldn't help but feel a little strange. Could it be that the Hobbit one Didn’t the stingy old man release funds for Yang Huiling’s activities?
However, Yang Huiling explained to Fan Wubing, "The Taiwanese chef here is my friend, and the Taiwanese food he makes is very delicious, so I ordered one for everyone to try, as a treat. "
Fan Wubing nodded, so it was Yang Huiling's own treat. It was natural to order this Taiwanese-style food, so everyone tried it and found it to have a different flavor. After all, both sides of the Taiwan Strait share the same ancestry and eating habits. There is also a greater sense of recognition in the food. If it were western food, Fan Wubing might not be so interested.
"Has Miss Yang been working for the Western Australian government?" Fan Wubing drank a glass of Taiwanese-brewed white wine and found it a little spicy, but the taste was different from that in the mainland. He smacked his lips and asked curiously.
Yang Huiling shook her head and replied, "No, I have only been in Australia for two years. I mainly study interior design here. However, because Australia has had more contact with Chinese businessmen recently, I was invited by them to act as an interpreter and give them some advice on Chinese habits. It's a part-time job."
In recent years, the exchanges between Australia and Chinese have indeed increased. Therefore, translators who are familiar with both sides of Australia and Chinese are more popular, especially those who have a certain understanding of the customs of both sides. They are very important in various business negotiations or social events.
Yang Huiling also encountered this good luck, so she started a part-time job. According to her, her monthly salary is fixed at about 5,000 Australian dollars. If she works overtime temporarily, there will be extra income, which is quite good.
"In fact, if possible, it's not bad to stay here for a long time. After all, it's difficult to get such high treatment in Taiwan." Yang Huiling said to Fan Wubing with a smile.
Fan Wubing thought of a problem, so he said to her seriously, "Well, in fact, our initial plan here has just started. If you are interested, you can join our company to work. After all, we also need translators who are familiar with the Australian government."
He didn't just think of this casually. After the domestic employees came to Australia, they found that the office efficiency here was very low. It was probably affected by the primitive atmosphere. The efficiency of the local government was very low, and one thing often took a long time. As Fantasy Company needs to vigorously promote various construction projects here, it is obviously necessary to have some people who are familiar with the government to communicate.
"Then I ask for a double salary." Yang Huiling's work in the Western Australian government is only part-time, so when Fan Wubing mentioned this, she seemed very happy.