Reborn Capital Empire

Chapter 243 Phoenix Half-Year Financial Report (Part 2)

…

"At present, there are three departments and one subsidiary under the Thunder Fund. They are 'Solomon', which mainly focuses on precious metal investment and takes into account futures; The 'Centaurus' of the money market; and the subsidiary 'Children Capital'!"

"Children Capital, Thunder Fund holds 80% of the shares, and is headed by Michael Barry. It currently has a capital of 278 million US dollars. It was established in early 2001 and has achieved an impressive 31.27%. It has surpassed the Dow Jones Index and defeated the market! "

"The centaur department, head John Luthmi...!"

As soon as Guo Shouyun's words fell, everyone's attention was focused on the old Lu Simi who participated in the meeting.

"Carol, you're another excellent son. The $430 million John managed recently generated a 117.3% net gain from the Argentine market!"

Old Lu Simie shook his head, "John is good, but you are the real outstanding one. If it were his own investment strategy, the centaur's net income would be maintained at a maximum of 35%!"

"35% is not an easy number to reach!" After a pause, Guo Shouyun continued: "The unicorn department currently holds five companies: Enron, WorldCom, Arthur Andersen, Tyco International, and Alfidya. $11.2 billion worth of 'credit default swaps' and a $8.12 billion short on Enron!"

As soon as his words fell, there was a slight commotion in the conference room. Guo Shouyun's shorting of Enron through the Thunder Fund is something everyone has known for a long time. It's just that they didn't expect that the big BOSS also bet heavily on CDS bonds!

"Boss, are there too many CDS products in the unicorn department?" As the company's chief risk officer, David Reinissi is the most sensitive to this.

"If you want to get high returns, you naturally have to take high risks. As for why I buy so many CDS? And why focus on these five companies? I will give you the explanatory document in a while. Give it back to me. And don't reveal the content to the outside world!" Guo Shouyun explained.

Everyone nodded and sat in their current positions. Their professional ethics must be much stronger than that of ordinary people. Moreover, the non-disclosure agreement was signed when they joined the company.

"Finally the Solomon Division!"

One sentence cheered everyone up.

"Currently, Solomon manages a total of US$11.2 billion in client assets, and has achieved a total pre-tax profit of US$4.56 billion since its establishment more than a year ago...!"

Guo Shouyun's words exploded in everyone's ears like thunder.

"Mygod, $4.56 billion?"

"How is it possible to achieve such a high pre-tax profit in a little over a year?"…

Even the well-informed and experienced old Lu Simi was stunned by the astonishing numbers that Guo Shouyun spat out!

And what shocked them even more than this figure was the capital to obtain this figure. They all understand the fees and charges of the Thunder Fund. If the Thunder Fund can make $4.56 billion in pre-tax profits, it means they have more than $18 billion in assets under management, if not more.

If we continue to analyze in depth, the Thunder Fund has been established for a short time, and it rarely discloses its revenue to the outside world, so it will definitely not attract too much private capital. 10% of all capital is good enough. This also means that the remaining funds come from Guo Shouyun's personal funds, or the funds of his companies. In this way, the man sitting in the middle of the conference room with a smiling face and a confident expression currently has more than 15 billion US dollars of funds in his hands.

Thinking about this clearly, everyone's faces changed.

"Boss, Solomon's revenue is really amazing. Oh... I'm sorry, I'm not questioning your words, but the pre-tax net profit of $4.56 billion is almost the size of Morgan and Goldman Sachs combined in a year, which is incredible." Tim Smith, the company's chief human resources officer and the youngest person except Guo Shouyun, said.

It's just that his words were somewhat incoherent, but none of the people present made fun of him, because everyone's mentality and ideas were similar at this time.

Facing everyone's astonished expressions, Guo Shouyun smiled lightly, "Assets are always reflected on the balance sheet, so how could I fake this? If I did, I would not only get a 'stupid' evaluation, but also to any benefit!"

As time went on, everyone whose mood gradually calmed down also figured out the joints. Soon, everyone became excited.

Everyone, including William Zhang, knows that Thunder Fund, as a subsidiary of Phoenix Corporation, must hand over a portion of the profits to the parent company after achieving such a dazzling revenue, even if it is only 30%, it is 1.368 billion US dollars! With this capital, Phoenix Fund, Phoenix Trust, and even Phoenix Capital have the foundation for further expansion.

The stronger the company becomes, the more their own wealth with company options will naturally rise.

Seeing their expressions, Guo Shouyun also guessed what they were thinking, but he didn't say much. As for the usage of Thunder Fund's profits, he has already made up his mind. It's just because the 'bet' with Zhang Shaoling hasn't finally settled, so it's not time to talk.

"Boss, what is the profit growth rate of the Solomon department of the Thunder Fund?" Old Lu Simie suddenly asked.

"Currently 1.8 times!"

"Have 1.8 times the revenue in half a year?"

"Yes!"

Guo Shouyun nodded.

"I want to invest $100 million in my boss's Solomon division!"

Knowing Guo Shouyun's talent in investment through the centaur department managed by his son, and now seeing the amazing revenue level of the Solomon department, the shrewd and experienced old Lu Simi realized the opportunity to earn huge returns, so he decisively pressed on it. remarked.

His words made the people around him react instantly. It's a fool to have this kind of hitchhiking.

"Boss, I put 10 million in Solomon."

"Boss, I voted 5 million!"…

As executives in the financial industry, they are all high-income groups, with the least worth millions of dollars. After realizing the opportunity, no one wants to miss it.

Guo Shouyun waved his hand and signaled everyone to calm down, "As for the investment issue, you can go to Solomon's department manager Shaoling Zhang to discuss. I believe he will be happy to receive you! ... Now we will continue the meeting."

When the words were over, Guo Shouyun flipped through the information in his hand, "I made a brief summary. In mid-2001, Phoenix Company managed a total of 157.034 billion US dollars in assets, a total revenue of 6.067 billion US dollars, and a pre-tax profit of 4.72 billion US dollars. Operating expenses and net income after taxes were $3.54 billion."

"Boss, we should take some debt. Otherwise, the tax bill is too high!" CFO Patti Sellers said.

Reducing a company's tax bill through reasonable debt is a financial tool any company will use. At present, the debt of Phoenix Company is the bank loan generated during the acquisition of Anshuo Capital. However, this part of the debt is less than $500 million, which is too low compared to Phoenix's revenue.

After Guo Shouyun nodded, "Do you have any good ideas?"

"M&A! If we eat a $6 billion financial company, we can raise the company's debt to 32-40%, which is a reasonable position."

Guo Shouyun guessed that he would say so. However, his original idea was also mergers and acquisitions, but his mergers and acquisitions were not the same as the other party.

"You can go to the market to find suitable targets, but this year our task is to digest Anshuo Company, so the specific merger and acquisition actions will be put into next year!"

Even so, Guo Shouyun still concealed something. For example, he made a "white knight" agreement with Merrill Lynch CEO Stan O'Neal! Because this involves some secrets, Guo Shouyun is reluctant to say more, and it will not be too late to say everything when things come.

After everyone nodded ~www.wuxiaspot.com~ Guo Shouyun continued, "That's all for the time being about Phoenix Company, and now it's about Enron!"

Following his voice, Wendy began to distribute a not too thick material to every senior Phoenix company present.

The material is not surprising, but the words on the surface of the material aroused the surprise of everyone present.

"Enron's Dilemma Solution!?"

As the conflict between LinkedIn and Enron became public, all elites in the United States knew that Guo Shouyun, the CEO of LinkedIn, did not deal with Enron. So, when did he start caring about how to solve Enron's predicament? Shouldn't it be logical to fall into a hole?

Guo Shouyun, who guessed their thoughts from the expressions of the crowd, did not give any further explanation, "You can take a look at this simple plan first, and make a summary based on the content. When the leadership of the Pan Pacific Group arrives tomorrow, Everyone is discussing together. By the way, everyone must keep the contents of this agreement confidential. Moreover, the documents cannot be taken out of the company! ... Well, now you can read it, and try to read it before you get off work."

Guo Shouyun finished his words, and the people who realized that he attached great importance to this matter quickly opened the documents in their hands and looked at them. Guo Shouyun also opened the laptop provided by Rebecca Mark, and looked at the richer content about the solution to Enron's dilemma.

Although he has been reading this document since he got it, the content of millions of words cannot be read in a few days.

The lights in the conference room stayed on until nine o'clock in the evening before everyone dispersed.

Although it was very late, Guo Shouyun did not rest after returning to his home in New York.

……………………………………………………

Please remember this book's first domain name: . Miaoshuwu mobile version reading website: