Chapter 245 Abel is angry
The figure of 25 billion USD makes Bob Wright serious.
As CEO of the NBC Television Network, Bob Wright discussed the value of NBC with the senior management of the General Electric Corporation.
Two years ago, General Electric executives estimated NBC's value at about $15 billion.
as CEO of NBC. According to Bob Wright, that amount is at least $18 billion. Abel's initial offer was worth $20 billion.
almost identical to Bob Wright's assessment of NBC's value.
This price is much higher than the valuation of General Electric Group's senior management.
When General Electric acquired 80% of the NBC television network, it was for only $2.4 billion.
Of course, it was 1986. The dollar at that time was worth much more than it is today.
Just fifteen years on, NBC can regularly bring General Electric hundreds of millions of dollars in profits each year.
The money needed to buy NBC was raised on its own.
Calculation based on purchase price of 2.4 billion USD.
Fifteen years later, $20 billion is enough to excite any General Electric executive or board member. But Bob Wright believes NBC will be more valuable in the future.
After Abel announced the number 25 billion, Bob Wright became a little emotional.
"Listen." Look at Bob Wright, who was silent after the price he offered.
Abel said again:
"It could be cash or stocks, I have enough money to pay in cash. As for stocks, as long as I have stocks of listed companies in hand, General Electric can take them.
Limited to listed shares, i.e. unlisted shares are not accepted.
Abel happens to own the largest number of unlisted companies.
If General Electric really wants to exchange stocks for stocks, it can only exchange for stocks of some listed companies owned by Abel.
Abel clearly wouldn't trade stocks with companies like Smith Capital and Smith Media on a whim.
As for Bob Wright, he heard this additional clause from Abel. Basically, NBC's CEO was a little stunned by Abel Smith's finances.
25 billion USD in cash, can you get it if you say it?
Even factoring in bank loans, few people in the US can have that much working capital.
The person in front of him was clearly still young.
But he withdrew 25 billion US dollars at once. Bob Wright estimates that there are probably no more than 20 such people in the United States.
But. Bob Wright gritted his teeth in his heart.
Abel's quote and the price increase are refreshing.
This made Bob Wright want to know more. Everyone is greedy and NBC's CEO finds it understandable.
Bob Wright says:
"At least $30 billion. Mr. Smith. If you offer $30 billion. Perhaps the "not for sale" label on NBC can be thrown away by GE itself."
If NBC could be sold for $30 billion. For Bob Wright, NBC CEO sent by General Electric Corporation, this can be considered a great achievement.
Not to mention bonuses.
Bob Wright's return to running General Electric could help a lot.
Promise, promise. You are so rich... Hurry up and promise]
Bob Wright looked at Abel seriously and shouted at Abel in his heart.
Soon, Bob Wright had the answer in Abel.
I saw Abel's expression become cold and no longer as warm as before.
Bob Wright immediately sensed something was wrong and wanted to say something to ease it.
But Abel spoke with a bewildered face and said:
"Mr. Wright. My attitude is very serious and my desire to buy is also very serious. But you seem to consider me a fool? Ask yourself and General Electric if NBC is worth $30 billion? »
Bob Wright of course didn't think it was worth it.
None of the three major public television channels would be worth $30 billion today.
Already owns Disney Media Group of ABC Television Network, the current market value of the entire group is about 45 billion US dollars. Disney itself is worth nearly $30 billion.
News Corporation, unlisted but valued, has a market value around this figure.
Viacom, owner of the CBS television network, has a market value of just $30 billion.
Time Warner, the most valuable media conglomerate, is worth about $50 billion.
NBC television network He De He Neng, how can the value exceed 30 billion USD. The market value of 25 billion USD is already a high price.
Seeing Abel's expressionless face, Bob Wright quickly smiled and said:
"The price is still negotiable. Maybe 28 billion is a good number?"
"Forget." Abel stood up and said to Bob Wright:
"I will make an offer to the parent company NBC, General Electric management and the board of directors. Then, Mr. Wright, that is none of your business. Never mind, the Nordic food here is delicious, you stay eat alone again." ."
Bob Wright stood up and wanted to stay, he wanted to say something. Abel stood up and went out, Abel's entourage also went out.
Bob Wright wanted to stop him but didn't dare take Abel away from him. In the end, he could only watch helplessly as Abel walked out of the brandy restaurant.
"Wrong! Wrong! Price can be renegotiated!"
When Abel and the others left the brandy restaurant, he was the only one left at the table.
Bob Wright pounded the table twice in a bitter, dissatisfied manner. Leaving Brandy restaurant, Abel said directly to his follower Alan Baker:
"Alan made a bid with General Electric to buy NBC, and the price was $20 billion."
Alan Baker breathed a sigh of relief, the core of the advisory group also estimated that 20 billion US dollars was the normal price of NBC.
Allen immediately agreed: "It's okay, I'll write to General Electric on your behalf."
Abel nodded and sat in the Lincoln City sedan in the middle of the motorcade.
"Return to the company." He said to driver Andy.
Andy nodded in agreement.
Abel's two drivers in New York know when Abel often talks about the company. refers to the Smith Building where Smith Capital is located.
Half an hour later.
Abel arrived at the fourth floor of the Smith Building.
After the shelter ban was lifted, the 4th floor exchange is still concerned about the USD/NOK market.
David Mellon and another company president took turns monitoring the situation. Whenever there is an emergency, notify Abel by phone.
When Abel arrived at the company in the afternoon, David was in charge of the department.
".The current market price is 7.6060."
David Mellon reported the data to Abel: "From a point of view, we have gained some ground. But these floating profits are at most just enough to cover interest and processing fees.
Abel listened and observed the situation on the information wall on the screen.
During this period, the USD/NOK currency pair is like a patient undergoing an electrocardiogram. On a perfectly flat line, exchange rate fluctuations can be considered extremely small.
But the strange thing is that after many days of deadlock on the USD/NOK price.
The cumulative number of currency futures contracts there has reached an outrageous 2.8 million hands.
In terms of money, this number is nearly 280 billion US dollars.
The GDP of the Kingdom of Norway last year was only 171.2 billion US dollars, and the accumulated amount in foreign exchange transactions in sovereign currencies exceeded its GDP last year.
Abel felt that at that time the Kingdom of Norway might have panicked. Such a large amount of money accumulated on the Norwegian crown. Whether short or long, it will certainly have a significant impact on the country's sovereign currency.
If a real avalanche effect were to form, the Kingdom of Norway's livelihoods and economy could collapse.
In fact, two days ago, Norway asked the European Union for support.
Norway is not an EU member and the EU has not yet responded. Currently, the cumulative bullish and bearish trend on USD/NOK may also monitor the EU's reaction.
The final situation of USD/NOK probably depends on the end of the EU.
After looking at the information on the information wall on the screen for a while, I confirmed that my talent had not changed.
After Abel was satisfied, he said to David Mellon: "Continue to hug him, but this time you probably won't be able to eat big meat."
David nodded and said, "I talked to Jed and he thinks so too."
Jed is one of the company's presidents and a senior managing director at Smith Capital.
In the United States, a company can have multiple presidents, including financial companies or banks. As at Goldman Sachs, in addition to tens of thousands of vice presidents, there are also more than a dozen presidents and a number of senior partners.
Standing above these people is CEO Paulson.
The chairman is the chairman and the CEO is the chief executive officer.
Like the black president of Merrill Lynch, O'Neill, who was imprisoned, he was one of the presidents of Merrill Lynch.
The CEO is also the CEO and is often the most powerful figure in a company other than the chairman. Smith Capital currently has two presidents and a CEO.
One of the two presidents is Merio, a former vice president of Smith Capital who became one of the company's presidents.
Melio's responsibilities have not changed and he is still in charge of operations and management.
Jed is the new president, who has been promoted within the company as it expands its workforce.
is primarily responsible for directing investments and, like David, is part of the famous elite of the younger generation on Wall Street. Seeing what David Mellon said, Abel asked:
"So have you discussed with Jed why this strange phenomenon is causing so much money to be accumulated in USD/NOK?
David nodded honestly, "This has been discussed.
Abel was a little interested and asked: "So what do you think this is about?"
Strange occurrences like that of USD/NOK are currently rare in the history of forex trading.
Huge amounts of money are accumulated in a small pool of currencies.
The financial crisis in Southeast Asia surfaced several times a few years ago.
At that time, under the leadership of Soros, international hot money looted several small countries in Southeast Asia.
The accumulation of huge sums of money over these few periods of time was deliberate and directed. They all act collectively towards the same goal.
Unlike today's US dollar/Nok Krone, money accumulates a lot but there is a deadlock between buying and selling, and the entanglement is no different.
"The outcome of my discussion with Jed was almost a coincidence," says David. »
Abel smiled: "What's wrong?
"What Jade meant was that the initial standoff between us and the neon lights attracted too many viewers. Some viewers couldn't help but find themselves watching."
"But after these people left the market, due to the influx of a large number of retail investors, the exchange rate changes were compensated and exchange prices calmed down.
"So maybe there will be other organizations that feel the opportunity has come to an end, and the above scene is being staged again."
"Of course, monitoring will bring the situation into balance. There may not only be small retail investors but there may also be some hidden institutions among the retail investors. »
After hearing the results of the discussion between David and Jed, Abel smiled and nodded.
"Your guess is basically correct. The reason this situation is so strange is because our initial impasse attracted too many retail investors."
"I dare say that at least half of the world's retail forex investors have gathered at this exchange office," Abel said. With the entry of organizations, we have the current situation.
After such speculative discussion, David and Jed still did not dare to make a decision.
Because anything can happen in the forex market, and even strange things sometimes seem normal. Now that the boss has explained it like that, even the boss thinks so.
David feels that his and Jed's assessment is correct.
"So what should we do next?" David asked Ji again.
Abel thought for a moment.
"Interesting" things that happen in the international foreign exchange market sometimes happen in the capital investment market. For example, in parallel time and space, the "Game Station" incident that will occur on the US stock market in the future is somewhat similar to this incident.
Perhaps due to coincidence, a large number of retail investors participated in the market.
More and more retail investors are entering the market, creating a trend effect.
More and more retail investors are finding it profitable or entering the market for other reasons.
As there are more retail investors, the amount will increase. Organizations that smell of blood also follow suit.
Then, a large group of retail investors took turns on the buying and selling side, fighting against the enemy.
The organizations continued to engage in cold and fire, eventually taking on the strange shape they have today.
Even Abel's talent in this scene was surprising.
Abel's talent was what spoke to him from the beginning. Taking advantage of the special black swan event, Abel was able to win a lot of votes from the Neon Man.
But some changes happened later and the situation started to develop into the current situation.
What happened next and the results will follow.
It was inherently different from Abel's talent, which at first showed different results.
Fortunately, Abel's talent has never stood still. Once the results change, what the talent tells Abel will also change.
As is the current case, what needs to be done is the optimal solution.
Talent always told Abel the same thing.
Abel's choice to stay is a judgment of his talent.
After telling David to stay the same to respond to any changes and inform him about his requirements at any time when the situation arises. Abel stayed in the Smith building for more than an hour before leaving.
This time he did not return to Manhattan, but on the roof of the Smith Building, he boarded a helicopter and went straight to Long Island.
Destination is No. 1, Huangdian 13 Street, New York.
Lately he's been coming here less and less.
It's not that he's bored with Elizabeth's angels. Just kidding, 25 celestial bodies.
Many people only play once or twice.
I don't play too often.
If you want to get tired, you won't get tired too quickly.
He comes here less often. It was the ubiquitous paparazzi and journalists who discovered this place after a few months.
Since April, hundreds of paparazzi have stalked this neighborhood almost daily.
They are trying to get an intimate photo of the Isha Angels or to get some important news.
In other words, Number 1 13th Street, Emperor Point, New York, the back garden of Isa Angels and Abel, was revealed.
In the media, this place was once mentioned as the collective dormitory of Isha Angels in New York. The identity of the owner of this villa named Abel has also been revealed.
During this time, Abel didn't come here much, some people used to call this place his **.
Although this is true to some extent, Abel still advocates that Isa will develop better in the future.
You also have to reduce the number of times you come here.
He was photographed with an Isa Angel or two, you could say they were the Smith Girls. A little more media guidance can turn a scandal into a rumor.
In any case, Abel is a sexy character and Americans are not surprised.
But if the number increases from one and two to more than twenty.
Even his damn character design is a bit unbearable.
Once against one or two groups, and once against 25 people. Quantitative changes will eventually lead to qualitative changes in public opinion.
Abel should come here less.
But still doing so is not the solution, he is still not tired of these twenty-five pairs of long legs.
Until you find a new and better garden.
Abel feels he will also have to "prove" their "innocence" to Angel Isa here. Proving that they and them is just a simple employee-supervisor relationship.
It's not as dirty as reporters and ordinary people think ~
This afternoon he accepted the invitation of the world's number one fashion magazine "VOGUE", which invited him for an exclusive interview.
He will come here to receive an unprecedented group interview with VOGUE magazine along with 20 working Issa angels.
That is, there will be journalists, editors, photographers and even the editor-in-chief of "VOGUE" magazine.
So that he can appear here honestly. About three o'clock in the afternoon.
Abel's helicopter flew to 1 13th Street, Emperor Point, New York.
After discovering the appearance of this private jet.
On public land around Huangdian Road No. 13, hidden in corners of grass, forests, small rivers, rocks, etc.
Hundreds of paparazzi immediately came out, picked up "long guns and shotguns" in their hands, and frantically took pictures of Abel's helicopter. Even Abel in the sky found these people unscrupulous.
This made Abel a little angry. On the plane, he was also angry with Edward:
"How can Rock Security do this? What exactly happened to these people? If the video cameras and cameras in their hands were replaced by RPGs, wouldn't we all die here today? Wrong! Wrong!"
Edward is a bit wrong, these bastards are smart and know the law's limitations. They were all holed up at the residence outside 1 13th Street in King Point, New York and all were in a public area.
In this type of place, the safety of the rock is not enough to keep them away.
But Abel doesn't care.
Abel was really angry this time, and scolded Edward a lot.
As soon as he got off the plane, he asked David Jones to call Ms. Caroline, the legal director of Smith Capital. Faced with Satan's lawyer in New York, Abel quickly makes his demands.
Caroline, who had not received such a large order for a long time, composed herself and immediately replied:
"Dear Mr. Smith, don't worry, you will soon see the ending you desire!"
"It's the best."
Abel hung up.
(end of this chapter)