Chapter 271

Making up his mind, Simon asked, "well, Mr. QianChuan, what kind of price are you going to offer?"

"According to the information we have collected, cersei's current net asset value should be about $2.5 billion, and we can offer $3 billion," he said

Simon didn't wait for harukio Maekawa to go on, so he shook his head and said, "Mr. Maekawa, this offer is too insincere. I think you should be able to roughly judge the bull size of cersei capital. I am very optimistic that the Nikkei 225 index will hit a high of more than 40000 points. According to this prediction, as long as I keep my long position, I will get another $1 billion in the next few months. And if you still want me to avoid shorting the Tokyo stock market after the market turns, the $3 billion offer is even less likely. "

"Mr. westlow, I am sure you are not a greedy man. What you are describing is an idealized hypothesis."

"If the operation of the North American stock market two years ago had not become an established fact, probably everyone would think it was just an idealized assumption. Mr. QianChuan, I am very confident in my own judgment. "

After a moment's silence, Maekawa raised his hand slightly and said, "well, how much do you think is appropriate?"

Simon made an offer without thinking: "five billion dollars."

"It's too high," he blurted out

Simon is aware of the obvious posturing in harukio Maekawa's words, and immediately realizes that his offer may be a little low.

If you think about it carefully, the total market value of the Japanese stock market has exceeded $7 trillion, not to mention the Japanese property market and even the whole Japanese economy.

In contrast, five billion US dollars can get him out of the market, which is a "variable" that may trigger a stock market crash. The price is well worth it.

What's more, the Japanese didn't pay him a lot of cash for nothing. They could get all the investment portfolio of cersei capital.

Of cersei's total net asset value of about US $2.5 billion, cash reserve is US $500 million, the value of various types of portfolio is about US $2 billion, and the total position ratio is 80%.

According to Simon's data, if the portfolio of stocks, bonds, stock index futures and other financial products has been held to the top of the Japanese market, including cash, the total value will not be less than $3.5 billion. In addition, Simon also needs to give up the opportunity to short the Japanese stock market in the future. The $5 billion offer is really not high.

You know, in memory, after the Japanese stock market turned, the Nikkei 225 index plummeted by 10000 points in just four months, or more than 25%. If cersei capital can build a long position as it is now, a 25% decline in four months will be enough to bring Simon billions of dollars in profits.

Of course, this is only an ideal hypothesis.

In fact, Japan is a very closed market. In my memory, after the collapse of the Japanese stock market, the Japanese government took a lot of strict restrictive measures to avoid speculative capital rushing into short selling. What's more, stock index futures is a two-way zero sum game. In the case of a stock market crash, it is not so easy for cerxi capital to establish a short position due to the lack of bullish capital.

In a word, taking advantage of this opportunity to cash out at one time is definitely the best choice.

Since harukio Maekawa, the former president of the Bank of Japan, is personally involved, it must be Japan's major banks and major chaebols that are paying for the deal.

With the rapid development of Japan's economy in recent years, the top ten largest banks in the world are all Japanese banks. The total assets of these banks range from hundreds of billions of dollars to trillions of dollars. As we all know, the economic strength of Japan's major chaebols is even stronger.

These capital forces are just a little bit close to their own fingers, and $5 billion is more than enough.

However, although he realized that his offer was low, Simon did not intend to go back.

In less than half a year, the principal of $1.57 billion soared to $5 billion, which not only exceeded Simon's expectation, but also saved him a lot of time. With such a huge amount of cash in advance, Simon can also concentrate on the North American bond market, oil futures and many other things.

"Mr. QianChuan, the $5 billion price is very reasonable. I don't think you are going to cash out immediately after you buy out cersei's portfolio. If we reach an agreement as soon as possible, and you can give us a certain guarantee, cersei capital can continue to increase its position tomorrow to release the signal that I am still optimistic about the Japanese stock market to the outside world, so as to offset the risk of Friday's sharp fall to the maximum extent. "

Just a little hesitating, harukio Maekawa nodded quickly and continued to talk about the Japanese conditions: "Simon, we can accept such an offer. However, in addition to the conditions just set, we also hope that you will continue to dominate the operation of cersei capital on the surface. Of course, only on the surface, we will control cersei capital's operation remotely. "

Simon immediately understood the subtext of harukio Maekawa.

The Japanese want to rely on cersei capital to maintain investors' confidence in the Japanese stock market.If Simon is short of the Japanese stock market, the result is likely to be disastrous, as can be seen from the one-day sharp drop in the Japanese stock market on Friday. On the contrary, if Simon has always been bullish on the Japanese stock market, a large number of short capital who are eyeing the Japanese stock market will not dare to gamble rashly

cersei capital is just the most intuitive display of Simon's personal will.

everyone knows how big the bubble is in the Japanese stock market.

The main purpose for the Japanese to do so now is to buy time so that they can take more measures to promote the soft landing of the Japanese economy.

Therefore, Simon speculated that after the Japanese bought cersei's portfolio, they would not choose to cash out unless the situation was completely irreversible.

As long as we can buy more time for Japan's economy, billions of dollars of capital, even if it is completely lost, is worth it. After all, in the event of a stock market crash, if the Japanese government wants to rescue the market, even if it spends tens of billions of dollars, it may not be able to work.

After sorting out these problems, Simon once again felt that his offer was on the low side.

However, as Maekawa just said, Simon is not a greedy man.

Perhaps the Japanese would bite their teeth and agree if his price was higher, but the relationship between the two sides would not be as peaceful as it is now.

After all, in recent years, the popular malicious merger, the acquired company through the redemption of shares to send away malicious buyers, the premium is rarely more than 100%. Cersei capital's net asset value is only $2.5 billion. If Simon's offer exceeds $5 billion, this transaction is not a business, but a blackmail.

Five billion dollars, a 100% premium, is probably a psychological price that Japanese people are more likely to accept.

Although he has been nurtured a kind of instinctive resistance to the Japanese for a long time, Simon has no intention to fight against the Japanese.

As a man of two generations, Simon has no sense of belonging to the United States and little hatred for Japan. He is just a lonely soul who is lucky to occupy other people's bodies and can only safeguard his own interests and those around him.

Seeing that harukio Maekawa was still waiting for his reply, Simon nodded and added: "Mr. Maekawa, I can agree that you continue to use cersei capital to operate, but I will not publicly express any views on Japan's economy, whether positive or negative. In addition, cersei capital still belongs to me. You can only get the ownership of five sub funds. Moreover, after this event, I hope you can return the shells of these five sub funds to me. Of course, it doesn't matter if they don't, but they can no longer be affiliated to cersei capital. Well, the term is limited to the five years we just agreed on. "

"No problem," harukio Maekawa readily agreed. He reached over to shake hands with Simon, and the deal was concluded. He couldn't wait to talk about Simon's proposal: "Mr. westrow, we can pay a $500 million deposit today, and I hope you can fulfill your promise to increase cersei's long position as promised after the opening tomorrow."

Simon released Maekawa's hand and nodded: "of course, in fact, in order to avoid more unnecessary speculation in the market, I plan to leave Australia this afternoon."

"That's the best way," he said, adding, "it's just, what's our specific deal?"

They just agreed on a general plan, and many details need to be carefully considered.

Simon said, "my girlfriend Jennie and Tony can negotiate with you instead of me."

"Mr. westero, we hope this matter can be kept as secret as possible. The fewer people we know, the better," he reminded

"I understand, but I can't stay in Australia all the time. What's more, Jenny and Tony have been in charge of cersei capital all this time. Next, if you want to continue to maintain cersei capital's operation, the two of them must be involved. Moreover, it is impossible for us to conceal this matter from investors, but I will try my best to cooperate and control the information. If you think it is necessary, you can also sign a confidentiality agreement. "

"Well," he said, "I hope we can have a good cooperation this time."

Simon also stood up, reached out and shook each other, and said with a smile, "I hope so, too."

The matter was settled and Maekawa chunxiong and his party left soon.

Simon introduced the deal to Janet and Anthony. They both knew how much benefit cersei capital had, so they would not oppose it. Anthony immediately called Raymond Johnston who was still in Western Australia, hoping that the old man would come back to take charge of the overall situation.

The other investors of cersei capital, or the old man personally to come forward to communicate the most secure.

To be able to cash out at one time, I think other investors will not object. The key is to keep it secret.

Simon is not too worried about this matter. The forces selected to participate in cersei capital are closely related to the Johnston family. At the beginning, the investment threshold set by the old man was very high. In the end, only the Murdoch family, the Fairfax family and the peck family were involved.

In the 1980s, the Australian economy was highly dependent on Japan. Like the Johnston family, most of the Australian forces investing in cersei capital had various connections with Japanese capital. Now that we have gained the benefits, and perhaps restricted by the confidentiality agreement, there is no need to expose each other's layout at the risk of offending the Japanese.Even with proper communication, other investors have no need to know who bought out cersei's portfolio.

Of course, these details are not something Simon needs to worry about.

Raymond Johnston flew back from Perth, Western Australia, at two o'clock in the afternoon.

Simon and the old man meet to have a general discussion, and then rush to Melbourne Airport in the western suburbs. Janet will stay in Melbourne for a while.

In Melbourne Airport, looking at the tractor towing a Boeing 767 to the runway, Simon said to Janet: "it happens that you can buy a Boeing 767 first this time. I don't like renting it like this all the time. When you go back, you can place an order. When you go back later, you can design the interior decoration yourself. In the future, we will be able to travel to and from Australia more easily. "

Janet took Simon's arm and said, "my aunt has already bought you the remaining buildings in Manhattan."

Simon nodded, "I know."

Although it's a shell company set up with Veronica's help to operate, the funds still have to be transferred from Westeros. Simon naturally knows about this.

Simon's move to buy a property between 59th and 60th streets east of Madison Avenue in Manhattan for the purpose of building the westero building became very smooth because of the continuous decline of the North American property market.

All six buildings, including land, cost $173 million, which is much higher than Simon's original estimate.

What's more, the cost of building Manhattan's tallest building is also very expensive. Simon privately commissioned a real estate design company to make general statistics, but the cost of the main building will not be less than 500 million US dollars. If Simon has high requirements on building materials, design details, safety protection and other aspects, there will be no upper limit on the cost.

In addition, to build such a building, we must first solve the user problem of the building, otherwise, if the building with more than 100 floors is vacant, the result will be disastrous.

Westrow building is Simon's personal dream. Even if we don't consider the user problem for the time being, Simon doesn't intend to make do with low standards. He hopes that everything will be built according to the highest standards. In this way, the cost of the westero building will rise to a billion dollars.

One billion dollars may not be much in 20 or 30 years, but it is a sky high price in this era.

Simon's profit from the Japanese financial market this time is enough to pay for the construction of the westero tower, but he still has many more urgent things to do and has to postpone the plan. Moreover, the idea of buying a Boeing 767 is also a compromise.

At the beginning of that night, I talked with Janet about three wishes. Simon wanted to reach the goal in one step, but the reality was hard to make people happy.

After all, if Simon is eager to realize his wish, he may not have enough capital to guard those things.

I'm not rich enough after all.

Jeanette saw that Simon just answered and stopped talking. She suddenly chuckled, turned her head to Simon's shoulder and said, "are you disappointed this time?"

Simon wondered, "well?"

"My aunt is in Singapore these days."

Simon pretended to be stupid: "what's wrong with your aunt?"

"Hum," said Janet, glancing sideways at Simon. "Someone was drunk last night and smelled like a dog around someone's neck."

"I'm not drunk, and you fell asleep before me," Simons shook her head

"In the middle of the night, I woke up."

"I sleep well and don't do anything strange in my dreams."

"How do you know what you look like when you fall asleep?"

"You snore when you fall asleep."

"No way!"

"How do you know?"

"Little bastard, you've almost changed the subject," Janet said, holding Simon's arm in a soft voice. "That's not right, Simon."

Simon has always known that Janet is an extremely intelligent woman, not to mention the fact that they have been together for so long, there is probably no other person in the world who knows herself better than her. Moreover, from Catherine on, some attribute of him is hard to hide.

After a pause, Simon gave a slight, inaudible hum.

After a moment's silence, Janet put her head on Simon's shoulder and said, "in fact, you can find some girls younger than you. They are more suitable for you. Well, don't be too small, or it will be very troublesome. "

Simon asked with a smile, "what do you do?"

"Of course I'm your girlfriend, and I'll be your wife in the future," Janet said of course. "When men steal food outside, they always have to go home. Dad used to be like this. He and his mother have been living well for so many years. "

Simon pretended to be interested and said, "tell me more, maybe you can find a chance to blackmail your old man.""How can you blackmail? It's almost like being beaten," Janet took a picture of Simon and said, "my mother told me about this. She used to like to watch the old man lie to her when he didn't come home. Her father has settled down when he is old. Little bastard, we'll be as old as Mom and Dad, right? "

Simon nodded without hesitation. Feeling the faint melancholy in Janet's voice, he reached out and hugged the woman in his arms.

For the sake of cersei capital, there are still reporters around, just taking pictures of the two people standing in the West slanting sunlight and cuddling with each other.

Boeing 767 enters runway and everything is ready. Neil Bennett signals Simon to board not far away.

Finally, Simon was about to leave, but she stopped him and asked, "little bastard, do I really snore when I sleep?"

Simon smiles, bows his head, kisses Janet on the lip and says, "of course not. I lied to you."

"Really?"

"Really."

Janet was still not sure. She warned, "don't cheat me. I'll go back to sleep and let my mother watch it for me."

A casual little joke to change the topic, it seems that the consequences are very serious.

Simon stopped teasing, and finally hugged Janet and walked to the private plane on the runway.