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MTL - Reborn Capital Empire-v2 Chapter 690 Abandoned listed Pacific
Chapter 690 Abandoning the listed Pacific
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In addition, Google will also be separated from its core business group in the United States. Like Amazon, it only exists as a key investment target, rather than a foundational business. After all, tech companies are too risky. Sun Microsystems went from a market value of $200 billion to being sold off for $7.4 billion in less than 20 years; Yahoo went from a market value of $100 billion at its peak to being acquired by Verizon ten years later for $4.8 billion.
Although Google's lifespan is longer than both of them, it's also difficult to determine how long its lifespan will last. In addition, Guo Shouyun already has Ruby, an Internet company founded by himself and has decision-making control, so there is no need to hold on to Google.
And he also has Apple, which has absolute control. He doesn't want Apple to repeat the mistakes of Nokia and Motorola. So the necessary attention is indispensable.
In the field of technology, it is enough to have these two core companies.
Guo Shouyun has already planned to withdraw decisively after ten years, when the market value of the two companies, Amazon and Google, has reached its peak. Reduce the proportion of his investment in the technology industry, learn from Bill Gates, diversify investment, increase the security of capital, and lay a solid foundation for the future inheritance of the Guo family.
"Bruce, Larry, Sergey, have a great time working together!"
As the contracts were signed, David Rubinstein and Steve Schwartzman softened, and smiles returned to their faces.
"Happy cooperation!"
After the two sides shook hands, David Rubinstein continued: "Bruce, now both Google and Unocal have entered the listing process, and they are expected to be successfully listed by the end of this year. Then Ruby, Pacific Energy Group, Phoenix Bank and Matrix When are you going to go public?"
The two did not ask Guo's business group, because Guo Shouyun revealed that Guo's business group would not be listed very early on.
The main business of Guo's Commercial is agriculture and animal husbandry, retail, logistics and catering, all of which are industries with relatively stable operation and returns, especially agriculture and animal husbandry, which can generate certain returns even in economic crisis. Therefore, this is a company that Guo Shouyun will definitely not sell, and it is also the core of the core of the Guo family in the future.
"As soon as you won Google, do you miss my other companies?"
"Who made Blackstone and Carlyle's business like this!" David Rubinstein shrugged and laughed.
Guo Shouyun nodded, and after pondering for a moment, "Ruby and Phoenix Bank officially started listing in 2006. Phoenix is arranged in the middle of the year, and Ruby is at the end of the year. The listing of Matrix is temporarily postponed, and Pacific Energy Group cancels the listing."
"The Matrix Company is postponed? It is understandable, after all, there are Phoenix and Ruby in front. But why did Pacific Energy Group cancel the listing?" Steve Schwarzman frowned and asked quickly.
If it is said that Guo Shouyun's company is the most promising company, it is probably Pacific Energy Group.
Although Phoenix Bank is now the sixth largest commercial bank in the United States; Unocal is second only to Exxon Mobil, Chevron Texaco and ConocoPhillips; Matrix is a media giant comparable to Time Warner and News Corporation; but Pacific Energy Group leads the world in utility companies!
According to what they learned through their respective information channels. In mid-2004, Pacific Energy Group had 373 power plants in 47 countries around the world, of which there were 27 super power plants above 1,000 megawatts, covering all fields of wind power, thermal power, nuclear power, and solar lights, with an existing installed capacity of 6.484 10,000 MW, with 32 rebuilt and expanded power plants, with an expected increase in installed capacity of more than 50,000 MW in the next three years. It is currently the world's largest power generation group, 59% more than the second-ranked Duke Energy. And the gap is widening rapidly.
In addition to generating electricity, Pacific Energy is the world's largest electricity distributor and retailer, providing electricity to 180,000 commercial customers in 47 countries, and more than 120 million individual customers.
In addition, Pacific Energy Group is also a major power equipment operator and power plant contractor in the world.
Natural gas integrated business is also one of the main businesses of Pacific Energy, especially the construction and maintenance of natural gas pipelines, natural gas distribution and retail.
Pacific Energy Group, with 25,000 miles of natural gas pipelines in North America, is the largest operator of natural gas pipelines in the United States. In South America, it has a 49% interest in the 1,500-mile Bolivia-Brazil gas pipeline and a 100% interest in the 320-mile Colombian gas pipeline. It also owns a 33.4% interest in the 4,500-mile Brazilian coastal natural gas pipeline.
In the field of natural gas distribution and retail, Pacific Energy Group is not only the largest natural gas distribution and retail company in the United States, but also the second largest natural gas distribution and retail company in Canada and the third largest natural gas distribution and retail company in Brazil. Cooperation to enter the natural gas distribution and retail market. At present, Pacific Energy Group serves more than 120,000 corporate users and 87 million individual users worldwide.
In the two quarters of 2004, Pacific Energy Group generated operating income of US$49.37 billion and net profit of US$8.04 billion. The company has total assets of $129 billion, net assets of $46.7 billion, and a return on equity of 11.8%.
While Google tends to more than double its annual operating and net income growth rates compared to Ruby, Pacific Energy's returns are much lower. But compared to the high-risk high-reward technology industry, especially Internet companies. Pacific Energy Group, which is engaged in infrastructure, public utilities and energy, has stable returns, flat stock price fluctuations and abundant cash flow. It is an indispensable stock for many funds and investment companies to build investment systems. It is also very popular in the investment market. If listed, there is absolutely no shortage of buyers.
Blackstone and The Carlyle Group, as top PE institutions, naturally coveted them.
However, Guo Shouyun also attaches great importance to the power and natural gas utility companies with abundant cash flow, stable income, and strong anti-risk capabilities, and has no plans to list them.
In the future, it will become the core non-listed enterprise of the Guo family together with the Guo Family Business Group, which also has the characteristics of abundant cash flow and stable income, and will become the foundation of family inheritance.
"The purpose of listing financing is to raise sufficient funds for corporate development. Pacific Energy Group currently has abundant cash flow and does not need financing for the time being."
"And after that?" David Rubinstein asked.
"If you need it in the future, it's not too late to say it!"
Seeing his resolute attitude, David Rubinstein and Steve Schwartzman looked at each other and said nothing.
But the two did not intend to give up.
"Bruce, you have invested a lot in Huaxia, especially the Hanhua Holding Group, which is the leading financial consortium in the Asian financial industry..."
Before David Rubinstein could finish speaking, he was interrupted by Guo Shouyun.
"David, I know your plan. If the rest of my assets are really going to be listed, I think I will notify you as soon as possible."
David Rubinstein's eyes lit up and nodded.
"Then I'm looking forward to good news from you."
"Bruce, we are old friends who have been working together for many years. You also understand Blackstone's ability. Don't forget us then!" Steve Schwartzman said quickly.
"certainly!"
"Okay, let's part here!" Guo Shouyun said while standing in the square outside the main building of Hanshan Courtyard.
"Let's go first."
"goodbye!"
When the car carrying David Rubinstein and Steve Schwarzman left, Sergey Brin let out a sigh of relief.
"It's finally over. I'm most reluctant to deal with these capitalists, it's too tiring!"
"Sergey, signing an agreement doesn't mean it's over. Google is about to start pre-IPO preparations. As the company's executive vice president and chief technology officer, you must also take your team to roadshows in major cities in the United States to win Let Google's stock price skyrocket after its listing, so that the equity in the hands of the three of us can exchange for more wealth." Guo Shouyun said with a smile.
"I'll leave this to you and Larry. I'd rather work overtime writing code at Google!"
Guo Shouyun and Larry, who had known his character for a long time, smiled and didn't say much.
"Let's go, let's go back for a drink and celebrate today's victory!" Guo Shouyun suggested.
Sergey and Larry nodded. The three of them went back to the reception room together, opened a bottle of champagne, and after chatting, they went home before ten o'clock in the evening.
The dust settles with Google. Guo Shouyun did not rest. After staying at home for half a month and accompanying my wife and children, I flew to Los Angeles again.
100 California Plaza Avenue, the headquarters of the Matrix Corporation.
"...In the second quarter of 2004~www.novelbuddy.com~ Matrix achieved operating income of US$18.94 billion and net profit of US$21.37, a year-on-year increase of 17.4%. The company has total assets of US$67.68 billion, net assets of US$42.74 billion, and a return on equity. 14.3%.”
Matrix CEO Buddy Morris reported to Guo Shouyun the company's financial and operational situation in 2004.
"Among them, in terms of film, television and game entertainment, the total revenue for the two quarters was US$3.745 billion. In the first half of the year, "Pirates of the Caribbean 2" and "National Treasure 2", which cooperated with Time Warner, generated US$1.066 billion and US$457 million respectively. In terms of box office, "Pirates of the Caribbean 2" is the champion of the global box office so far this year, second only to "Titanic" and "Lord of the Rings 3" released last year in global film history."
Although after becoming CEO of Matrix, Buddy Morris has seen many big scenes. But he was still very excited to see a super-movie from his company that could reach the top three at the global box office.
Guo Shouyun was equally happy. But after all, after seeing those blockbusters with a box office of more than one billion in ten years, I am not surprised by the box office of "Pirates of the Caribbean 2".