Waiting for Abel.

After seeing Abel reappearing today, there was a gorgeous girl like Charlize Theron around him.

The old guy gave Abel a man who knew the expression.

Then the old man who was once comparable to Buffett in the investment world in the 1980s said:

"Oh~ It's great to be young. When I bought MGM for the first time, I was the same as you now, and I changed to different beautiful female stars every day."

….

This chapter is not finished, please click on the next page to continue

"That was 30 years ago, I was in my fifties. It was such a wonderful day."

"Later, when I was powerless, I sold MGM."

"Buying later is already pure investment and business."

Kirk Corkerian is humorous and fun by nature, and it seems that those who play gambling industry all have such a personality.

Last night, Abel saw his disrespectful words.

This guy from a poor family is essentially different from the top rich people Abel met before.

Seeing him speak like this, Abel sat down opposite Kirk Corkrien with a somewhat restrained Charlize.

"Mr. Corkerian. When you were as young as me, you couldn't have the best beauties in Hollywood like me."

Abel said, "I am only twenty years old now. When you were twenty, you seemed to be still learning how to fly a plane, right?"

Kirk Cokerian curled his lips and muttered:

"Young people should respect the elderly!"

.(This chapter is not finished!)

Chapter 131: Confrontation with the former richest man on the West Coast

Because Abel is right, Kirk Cokerian really started to make a fortune, and he was about forty years old!

"Okay." Abel said again, "Mr. Corkrien. Let's put our topic on MGM."

Speaking of serious matters, Kirk Cokerian became serious.

The old guy looked at Abel and said with a smile:

"You asked me last night, and I asked you today. $9. How about I responsible for half of the foreign debt?"

$9 per share?

Abel quickly converted and found that it was about $2.21 billion.

If half of the foreign debt is added, it will be a cost of nearly US$3.2 billion.

With $3.2 billion, he became the owner of one of the top eight Hollywoods.

He doesn't think it's a bad business.

The key is that the foreign debt of about $1 billion does not need to be paid back immediately.

As long as you can afford interest, the repayment period is not over.

MGM can always owe it, which is why it can borrow so much money.

And Kirk Corkerian's side, if it is sold at this price.

What Kirk Cokerian can actually get is only about $1.2 billion.

in other words,

This time Kirk Cokerian will lose about $100 million in the MGM business.

Last night,

Abel later made the case that MGM cost $10 per share.

Throw it to Smith Capital and let the company's traders and analysts analyze whether the price is profitable.

From Wall Street's perspective, analysts generally believe that this is not a bad deal.

MGM itself has a large amount of IP copyrights and movie libraries, which are worth more than one billion dollars.

It also has many other fixed assets.

For example, the company headquarters building, set and various shooting tools and venues.

It also has strong movie brand value and strong distribution capabilities at the eight major Hollywood levels.

This is why it loses money every year, but can continue to borrow money and continue to lose money.

The reason why the debt ratio is so exaggerated, but it can continue to operate.

This is still calculated from the perspective of Wall Street.

If it comes from the perspective of Hollywood, it will probably be more valuable.

….

This chapter is not finished, please click on the next page to continue

The price of ten dollars, Abel agreed in his heart last night.

But he still wanted to take it and lower the acquisition price.

After all, it is a big business involving more than 3 billion US dollars, which is equivalent to a little less than half of his current net worth.

It's just that obviously Kirk Cokerian is more anxious.

Corkerian himself took the initiative to lower the price.

"It's $9." Abel thought to himself, "that's why I'm about $2.2 billion and I have to bear about $1 billion in foreign debt?"

Kirk Cokerian nodded.

Charlize, who was sitting next to him, was even more nervous than the two people in the negotiations.

She has never seen such business negotiations that cost more than one billion or billion dollars.

Although she was just listening at this moment, she felt extremely exciting.

It seems that she is involved in it herself, as if she has become one of the members of such business negotiations.

This made her occasionally look at Abel and became more dependent.

"How about $8." Abel tried to lower the price for the last time.

"No." Kirk Cokerian immediately refused, "The minimum is $9. @大全\/Shuge·Wuwuwu starts~~This is my last sincerity and my bottom line."

Kirk Cokerian also wanted to say that if he hadn't been in urgent need of a lot of cash recently.

And last night Abel said that if he could pay all the cash.

Kirk Cokerian won't come here today.

In the past six months.

Kirk Cokerian is repeating his business investment in the early and mid-1990s, similar to Chrysler and Mercedes-Benz.

In that plan a few years ago, he made a profit of $2.7 billion.

.(This chapter is not finished!)

Chapter 131: Confrontation with the former richest man on the West Coast

Although it took about 6 years, it was the most profitable one he made in a single investment.

This time he saw an opportunity.

He wants to copy the investment he had in Chrysler and Mercedes-Benz in General Motors Group.

The plan is halfway through.

Corkerian acquired a large number of GM stocks in the primary and secondary markets.

Halfway through the plan, he suddenly discovered that there were many more players who were involved in the acquisition.

Kirk Cokerian found that many people on Wall Street were staring at him vaguely.

This made Kirk Cokerian realize that after experiencing his last investment.

Wall Street is very sensitive, and this time someone on Wall Street wants to follow him.

Kirk Cokerian must ensure that his cash flow is stronger in order to avoid being robbed and harassed halfway through.

Kirk Cokerian, who was unwilling to give up a lot of cash.

Due to the special circumstances, he dared not extend his hand to banks or financial groups.

Because these guys are likely to borrow money from one hand and try every means to steal his money from the other.

Don’t be overestimated by Wall Street’s conduct, or it should be said that Wall Street does not practice like this.

Kirk Cokerian made up his mind to his own industry.
To be continued...