Chapter 82 Don't Treat Me As God

Sunseeker Chairman Robert Bryce White and CEO Stilwald McEntire were surprised when they saw Yang Huan, because they were too young.

Is this the Chinese big moneymaker who just bought Southampton and invested huge sums of money to bring in super center Ibrahimovic?

It looks like he is only about 20 years old, does he really have such great ability?

Yang Huan had just stepped off the Rolls-Royce and, accompanied by Keish Harris, stepped onto a road bridge.

Under the bridge is a backwater channel connecting Upton Inner Loch and the English Channel.

Sunseeker's shipbuilding factory is on the east bank of the backwater channel. Standing on the bridge, you can have a panoramic view of everything outside the factory.

"Old, too old!" Yang Huan shook his head.

The entire Sunseeker Shipbuilding Factory is like an old factory building decades ago, about the size of two or three football fields. In the backwater channel outside, there are several yachts and some ship-shaped molds sparsely docked.

At least, this yacht company is definitely not as glamorous as seen in newspapers or magazines.

On the contrary, the first feeling and impression it gave Yang Huan was that it could not keep up with the old times.

"It has been 32 years since our factory was established, and we still retain everything from that year, including the ship molds of every yacht we have produced. These are our treasures."

The gray-haired Robert Brycewhite stepped onto the road bridge and came to Yang Huan and Cash Harris.

Long Wu seemed to realize that they were not in danger, so he just continued to play the game after looking at these two people.

"Moreover, yacht building, especially luxury yachts, is different from other industries. Basically everything is handmade, so the modern equipment for standardized production is basically useless, and the workshop is relatively simple and does not require too much. machinery and equipment and production lines.”

This can also explain why Sunseeker Yachts pays so little attention to factories and offices.

But in Yang Huan's view, this kind of explanation is unworkable. In the end, it's still a sentence and no money.

If you have money, who wouldn't want to make the factory area better and give workers a better working environment?

In fact, after coming to the UK, Yang Huancai really felt the helplessness and sadness of the declining empire. Even the east, south and north of London were basically still in the environment of the era decades or even hundreds of years ago. .

Including buildings, factories, and even people.

This is a retro flavor that does not see hope and cannot keep up with the times.

"Hello, I'm the chairman of Sunseeker Yachting Company, Robert Brycewhite." The gray-haired old man stretched out his hand towards Yang Huan, and after shaking hands, he pointed to another gray-haired old man beside him, "This is our Chief Executive Officer, Stillwald McEntire."

After Yang Huan and Keish Harris shook hands with them one after another, Yang Huan proposed to go to the factory to see his yacht.

Zhang Ning had been in contact with Sunseeker Yachting before, and the other party knew that the yacht that originally belonged to John Hunter had now been transferred to Yang Huan's name.

"I'm sorry, Mr. Yang Huan, your yacht is still in the modeling stage." McEntire said apologetically.

"Modeling?"

"Is such that,

The manufacture of a yacht requires a set of molds, and the molds are both ready-made and customized. If it is a ready-made mold, it is relatively simple, and the construction progress is faster, so I will say that the set of molds is our largest. Treasure, because there are so many choices for guests. "

"But there are also some people who pursue personalization and need to customize the mold. Generally, it takes one or two months to build a set of molds, and usually this personalized mold may be used once, so the price of personalized yachts is high. A set of boat molds takes up one-third of them.”

Hearing what McEntire said, Yang Huan understood the twists and turns of it.

"How long will it take for my yacht to be delivered?" This is what Yang Huan is most concerned about.

He just had a bad time with Aston Martin, and he doesn't want to have any more problems on the Sunseeker.

After listening to Yang Huan's question, McEntire and Brycewhite looked at each other, both embarrassed and unable to give a specific answer, and finally McEntire replied with a wry smile, "This, we also There is no guarantee."

"Why?" Yang Huan was surprised, why is he so virtuous?

Doesn't it say that the customer is God?

Now that God paid first, all of you who serve God are playing big names?

Is it true that God is not angry?

Or, you don't think of me as God at all?

McEntire couldn't speak, and Brycewhite thought about it and stepped forward.

"Mr. Yang Huan, in fact, to tell you the truth, we are in trouble."

"Trouble?" Yang Huan was a little puzzled.

Sunseeker is known as the Rolls-Royce of the sea, will they also run into trouble?

Bryce White took a deep breath, he was powerless and could only seek help from outside.

"Actually, we have a bank debt of £20 million coming due, but we can't get the money to pay it right now, so we're currently considering a takeover from an Irish private equity firm."

Afraid that Yang Huan would be angry, McEntire added, "But we can guarantee that the construction of this yacht will be completed in the shortest possible time, and the yacht will be delivered as soon as possible."

Private equity companies are actually similar to private equity funds. The difference is that they do not invest in the stock market. They only buy and sell companies and earn a huge difference in the middle to obtain profits, sometimes even several times.

But they are usually acquired by private equity firms and are largely immune to restructuring and splitting.

It seems that this Sunseeker yacht is really cornered!

Yang Huan shook his head, and he couldn't help thinking of what Cash Harris said in the car just now.

For these world-renowned luxury goods, because of the impact of the subprime mortgage and European debt crisis, they have temporarily fallen into a trough, but as long as they survive the difficult period of the financial crisis, they will soon return to the ranks of the world's luxury goods .

Because in this world, there will always be people who take the trouble to pursue those most high-end luxuries.

Cash Harris, who was on the side, saw Yang Huan's thoughtful behavior, and then looked at Brycewhite and McEntire's helplessness when they mentioned being acquired, and the urgency when they were overwhelmed by debt. He knew it and laughed. smiled.

"Master Huan, your Yang Group's real estate company seems to be making a big push into tourism in China recently. I heard that it will build real estate projects and yacht clubs in five or six coastal cities in the next three or four years, with a total investment of several billions of dollars. GBP."

When Brycewhite and McEntire heard it, their eyes lit up, billions of pounds?

God, it turns out that this Chinese is so rich!

"It turns out that Mr. Yang Huan is also interested in investing in yachts?"

Yang Huan heard the overtones of Kesh Harris. In fact, he also had his own plans.

"Well, I have always been interested in yachts. We have two Sunseeker yachts in our family. One is for the company to receive customers, and the other is for me. I have always had a good impression of your yachts."

Bryce White immediately hit the snake with the stick and asked with a smile, "I wonder if Mr. Yang Huan is interested in buying our Sunseeker Yacht?"

It is much better to be acquired by a private company, especially from a big Chinese investor, than to be acquired by a private equity firm. At least there is no need to worry about being reorganized or split, and there is no need to worry about being sold again in a short time.

Especially being bought by a big money owner like Yang Huan is like holding a thick thigh.

"Acquisition of Sunseeker Yachting?" Yang Huan shook his head with a smile, "I don't know and am not familiar with this industry, and doing business is based on principles. As the so-called unfamiliarity does not do it, people who are so familiar with the yachting industry do it like this. As a layman, if I rush in rashly, I guess I will only suffer a big loss."

Yang Huan shook his head like a drum, "I don't want it anymore!"

Although Sunseeker Yachts is a big name, the entire luxury goods industry is now almost in a depression. It is impossible for peer mergers and acquisitions, and few foreign investors are interested. So far, only the Irish private equity company is still holding the purpose of making money. Come, so, it is rare to meet a Yang Huan, they will not let go.

For more than 30 years, Bryce White has worked hard to manage Sunseeker Yachts, but he has never been able to make much money.

He asked himself to be a very conscientious yacht craftsman, but not necessarily a qualified business operator.

If you can sell the company for a large amount of cash in your later years while the company still has value, it will be better than letting the company go bankrupt.

"Mr. Yang Huan, in fact, the yachting industry is similar to some other industries, and if you plan to run a yacht club, there is a yacht manufacturing company behind it, especially a top yacht brand like our Sunseeker. The advantages, at least in terms of boat purchase and maintenance, should have an advantage over others."

"Also, in fact, our Sunseeker's business situation in the past few years is not very good. It is the brainchild of our family's painstaking efforts for more than 30 years. We don't want to be entrusted to others. If you are interested in Mr. Yang Huan If so, we can give appropriate discounts on the purchase price.”

"Is there a discount?" Yang Huan laughed after hearing this, "How much?"

"Twenty-five million pounds!" Bryce White offered a psychological price.

"Twenty-five million pounds?" Yang Huan was still very calm, which was roughly 2.5 billion yuan.

But he did not express his opinion, but looked at Keish Harris.

The shrewd financial city investment advisor immediately smiled and shook his head, "Mr. Blythwhite, your price is too outrageous, do you really think Master Huan is Kaizi?"

"What do you mean?" Yang Huan asked, looking at Cash Harris.

"Master Huan, according to the information collected by our bank, the peak of Sunseeker Yachting was from 2002 to 2004, but even when they were at their peak, the company's net profit was only Three percent, and in the next few years, it was even less than three percent.”

"So Sunseeker has bank debts all year round, usually between 10 million and 20 million pounds. In good years, sales are less, and sales in bad years are more. But in recent years, they have become serious. They can't make ends meet, and if my information is correct, their bank debts are already as high as £30 million."

Bryce White was in a cold sweat. This Cash Harris really deserved to be a well-known investment advisor in the City of London. He knew everything like the back of the hand.

Hearing this, Yang Huan also shook his head, tsk tsk, "Kish, listening to you, I really don't think it's worth it."

"According to what they said, Sunseeker is mainly short of funds now. As soon as I buy it, I have to invest a sum of money in it, and at least I can repay the bank debt, but based on their net profit of less than 3%, I have to invest in it. How many years will it take to make a return? And we have to ensure the healthy operation of the company.”

"This business can't be done!"

"It really can't be done!"

Yang Huan shook his head, and Brycewhite and McEntire fell to the bottom of their hearts.

If they were to be acquired by private equity, they would definitely not get the slightest benefit.

"Forget it, although I'm still very interested in acquiring Sunseeker Yachts, but with such a high price and so many problems, I still can't afford it."

After saying that, Yang Huan gave Kesh Harris a wink and walked forward.

The British fat man was very shrewd and immediately followed.