1363. VC Bombardier
No wonder when making connections, you have to climb to the upper circle. Only in this way can you get resources that you cannot access. For example, at this moment, Qin Shiou encountered a good investment opportunity.
Bombardier is indeed in trouble now, all of which stems from the C-Series aircraft they are going to launch.
This aircraft is a high-end business jet. It is intended for specific markets. If launched as planned, it may be popular all over the world. However, the problem is that it has not been made two years later than the original plan, giving its competitors Airbus and Boeing a "first-win" time.
Canada's economic situation has become worse and worse in the past two years. The cash flow used by super companies like Bombardier comes from banks. As banks shrink their monetary policy, their lives are not easy.
Qin Shiou shrugged and said, "My little money is nothing to a company like Bombardier, right?"
"How much money can you use?" George asked.
There is no need to cry in front of these people, Qin Shiou said: "If you can use cash, it is hard to say now. In a month, it will be about 400 million to 500 million Canadian dollars."
Now he has more than 200 million Canadian dollars accumulated in his body. With the profits of the fishing grounds and the profits of gold ore in the third quarter, he can almost accumulate more than 400 million yuan.
Everyone knew that Qin Shiou was a rich man, but he didn't expect that the rich man would be so 400 million Canadian dollars. The people here only said that their value would definitely be enough. After all, they either came from a big family or had shares in large enterprises, but they were far less than that in cash flow.
Sid Schwartz's eyes suddenly became brighter when he looked at Qin Shiou. He said, "Give me the money, man, in a year, I can give you forty percent of the profit!"
He is the general manager of one company's third-party private equity investment, and he plays the trick of making money.
Chagunis pointed at Shid and said, "My Schwartz man, what you have to do now is listen quietly and stop talking. You can't take this money, understand? You can't take it. Because it belongs to me, it will be my life-saving money!"
George smiled and signaled everyone not to joke. He began to point out Qin Shiou: "You have a lot of money. If you follow Sid to play venture capital and private equity, that's fine, but now there is a better opportunity to invest in Bombardier."
Qin Shiou asked, "What is Bombardier's market value? I think it will definitely cost hundreds of billions, right? I invested this little money, but it's nothing."
Bombardier is not very famous in Asia, but in Western Europe and North America, this name is as famous as Boeing and Airbus. In its hometown of Canada, Bombardier is even known as "Canada's General Electric".
Bombardier currently has about 80,000 employees, and is distributed in 24 countries in the Americas, Europe and Asia-Pacific. They not only build aircraft, but also lead the world in the fields of aerospace, railway transportation equipment and motorized entertainment products.
Some time ago, when he planned to buy a private plane, Qin Shiou learned about it. Bombardier is now the third largest aircraft manufacturer in the world after Boeing and Airbus. But in the field of regional aircraft and business aircraft, Bombardier is the world's largest in scale!
"So I said you had a good opportunity," George said, looking at Chagunis, who shrugged, "I can't speak at this time. I have to have a professional ethics, right?"
George laughed and told Qin Shiou: "Bombardier's market value is indeed very large. If you invest this money, you can't even hear a wave. But Qin, you don't know that the C-series business jets that Bombardier's main company are now waiting for delivery on the production line, and now only lack one delivery fund. Now that the economic situation is so bad, if Bombardier wants to get this delivery fund, he has to pay some real materials, such as the income dividends of the C-series."
"But, this fund is only 400 million Canadian dollars?" Qin Shiou asked in disbelief.
George shook his head and said, "No, I guess it's probably four CAD 400 million."
As he said that, he looked at Chagunis again, who smiled and said nothing, but he meant to admit George's words.
"The biggest head will be the Quebec government. They can't sit idly by the way Bombardier continues to sluggishly, so they must help it complete the C-series of the passenger plane and launch it into the market," George said.
At this time, Qin Shiou understood, and he continued: "But the provincial government should not give all the funds. Bombardier doesn't want the provincial government to occupy too much, right? This is my opportunity to follow the provincial government to drink some broth?"
"Not only that, the provincial government dares not bet on the whole, because no one knows how many cakes the C series will be distributed to the market now. After all, Boeing and Airbus are the ones who eat cakes now." Chagunis finally spoke.
Qin Shiou said: "That is, the risk is too great?"
Chagunis acknowledged this and said, "Yes, there are risks, but the provincial government must invest money, they must take risks because this decision can involve 40,000 jobs."
Qin Shiou quickly realized that the Quebec government really had to intervene. Just because of the employment issue, there are about 17,000-18,000 people working in Bombardier, plus direct and indirect work such as secondary suppliers. Chagunis said that there are 40,000 people in Quebec who have to rely on Bombardier to make a living.
"The provincial government is expected to invest 1 billion yuan to help Bombardier improve the C series, but they are not simply investing in capital to save the market, but will form a joint venture between the provincial government and Bombardier, Bombardier Civil Aerospace Company, and the income is distributed according to shares. Of course, if there are other people joining the market, they can naturally get the same income dividends." Chagunis said more internal news.
Schwartz reminded Qin Shiou maliciously: "The risk of this investment is not as small as they said. Boeing and Airbus have dominated the market for the new generation of high-end business jets. They may not be able to grab the cake, if they can't..."
He didn't say the rest, but just laughed. The meaning was very simple, that is, this guy, Bombardier's subsidiary would go bankrupt, and Bombardier has many subsidiaries, such as Bombardier Aerospace, and is in danger of bankruptcy.
"Yes, this requires a gamble, there is no investment that can make a profit." Chagunis said, "Otherwise, how could the provincial government push the cake out?"
"Let's see now, who is braver?" George also said.
Qin Shiou shrugged and said, "Okay, then I'll try it. Remember to leave a place for me, and I will prepare 400 million yuan in funds."
These people here have a gambler mentality. Every high-yield investment is accompanied by high risks. They are a person with high skills and courage, and they also appreciate similar people. If Qin Shiou wants to truly integrate into the circle of these people, he must at least let them look down on it. (To be continued.)
Chapter completed!