Chapter 510 Processing(2/2)
"Sign it, you can sign it anytime. Tianyue is a big business now. I definitely can't embarrass you because of any problems on my side. Even if I haven't signed this agreement before, I will say hello to you first for whatever I want to do."
"Yes." Cao Fangming said.
Cao Mo saw that his uncle had indeed become more honest, and said: "The management of Tianyue Industrial has been increasing its holdings, which means that the fundamentals are not bad. After signing the concerted action agreement, how much do you want to buy?
Remember to tell Shen Ji that this will be announced to the outside world first, and Shen Ji will also arrange for you to buy the share..."
"I have also seen that Shen Ji and others have been increasing their holdings, so I guess the fundamentals are not bad. It's just that as the controlling shareholder, Tianyue Investment, why haven't they increased their holdings?" Cao Fangming asked.
"If I announce the increase in holdings, who of you can buy it?" Seeing his uncle looking like he was afraid of the well rope after being bitten by a snake, Cao Mo said angrily and funny, "There is still one month left for Tianyue.
The industry will release last year's annual report. The annual report performance has not changed much, but it will also announce the performance forecast for the first quarter of this year. According to preliminary calculations, the year-on-year increase will not be too small. There are so many managers in Tianyue, and with
I have had it for several years, and I had to leave some soup for them, so this time I made an agreement with Mr. Qian and them not to increase their holdings. You already have more than 10 million Tianyue Industrial shares in your hands. If you don’t increase your holdings,
It doesn’t matter if you keep it, it’s enough to support you in your old age.”
"Well, I only have three to five million spare cash in my hand, and I don't dare to take risks other than this." Cao Fangming said carefully.
"You can buy another three to five million," Cao Mo said.
After an intense two-year construction period, the Cotonou power plant expansion project and the second thermal power plant have achieved a total installed capacity of 600,000 kilowatts after being put into operation and connected to the grid before New Year's Day.
Cotonou I and II power plants are expected to produce 5 billion kilowatt hours of electricity every year. In addition to fully supplying production in coastal areas such as Cotonou-Bodonov in Benin, at least half of the electricity will go south through the cross-border power grid.
Places such as Ronta-Daculamore entering Draculamore and Dahomey entering Akwa to the north.
Although the auxiliary power prices signed by Cotonou Energy and various power groups (grid companies) are not high, including power plants and cross-border transmission networks, the price per kilowatt-hour of terminal connection to the regional power grid is less than ten cents.
Even so, Cotonou Energy's power generation profits are far beyond what domestic thermal power and hydropower companies can imagine.
There is too much power shortage in various places along the Gulf of Guinea. Cornero Energy currently has a total power generation capacity of 1.2 million kilowatts of installed capacity in Cotonou, Oguta and Lonta, including thermal power generation and hydropower generation.
, but it has been snapped up by power grid companies in port cities along the Gulf of Guinea.
The Cotonou Second Power Plant was brought online before New Year's Day, and subsequent capital expenditures were also reduced. Conero Energy's profitability was greatly improved, and in fact, Tianyue Industrial's profitability was greatly improved.
In the first quarter of 2010, since Cornero Energy did not contribute profits, Tianyue Industrial's profit was only more than 100 million yuan. Calculated for the whole year, from the import and export, production and sales of cocoa butter and palm oil, all
The net profit obtained was only slightly more than 600 million yuan.
However, starting from the first quarter of 2000, Cornero Energy has been able to contribute almost US$100 million in profits to Tianyue Industrial every quarter. The combined profits of Tianyue Industrial in the first quarter of this year will be close to one billion yuan.
Cao Mo didn't know how the capital market would react to Tianyue Industrial's new performance. He planned to give up 5% of the initial holding space to Shen Ji, Song Yuqing, Chen Feng, Guo Donghu and others. After the performance forecast was officially announced, he
As the controlling shareholder, he will officially enter the market and increase his holdings to ensure that the market value of Tianyue Industrial will not be less than 20 billion.
Of course, taking into account Tianyue Industrial's assets and early profits, it is reasonable for the market value to fluctuate between 30 and 40 billion. The reason why he plans to increase the market value is to prevent too cheap chips from falling into the hands of others.
His brother-in-law still has to sign a concerted action agreement. This is not because he is afraid that his brother-in-law will be left behind when the stock price rises. The main reason is that there is no way to cut off contacts with his brother-in-law. The brother-in-law does not follow suit when buying and selling Tianyue's stocks.
If you remain consistent here, you may become a source of attack.
Chapter completed!