Chapter 501 [13.6 billion project](2/2)
It’s great to be able to teach stock experts how to do things!
Lin Zuhui said calmly: "Since Anders took over as CEO of General Dynamics, he has obtained more than 1.2 billion U.S. dollars from selling off assets and laid off thousands of employees. General Dynamics itself has very rich cash flow, and with the addition of another sum of cash, the business
And the main business has been determined. So, Mr. Buffett, guess how they will spend the cash?"
"Haha, Mr. Lin is the stock god! When they repurchased their stocks, I actually guessed that they were going to pay ordinary dividends and special dividends, so I made additional investment."
Mr. Lin said: "So, if investors can get dividends and the stock price can rise, this stock is naturally worth investing in."
In fact, Lin Zuhui is just pretending to be a ghost and playing tricks in front of Buffett.
The reason why he invested in General Dynamics was that he had seen an example of Buffett investing in this project in his previous life. Anyway, the purchase price was US$72 per share, and then rose to more than US$110 in a year and a half.
Importantly, the dividend per share during the period was as high as more than 50 US dollars, with the ordinary dividend being more than 2 US dollars per share and the special dividend being a full 50 US dollars.
So Buffett's return on this project is 110%.
Based on this, Lin Zuhui did not hesitate to choose New Era Group to invest US$100 million.
As for why he doesn't invest by himself, Lin Zuhui doesn't feel sad at all. In his view, New Era Group is his weapon and shield.
Without a powerful New Era Group, his social status and wealth would not match, and he would be easily targeted.
next chapter
Chapter completed!