Author Thomas Ramseyer
0) Facts
0.1) Educated staff
Petroplus has excellently educated, trained and experienced people at hand all over their plants and offices.
Petroplus has excellently educated, trained and experienced people at hand all over their plants and offices.
0.2) Knoledge and skills
Petroplus has the know-ledge and the know-how as how to run refineries, do the oil business from pump to sale of the oil derivatives. (downstream facilities)
Petroplus has the know-ledge and the know-how as how to run refineries, do the oil business from pump to sale of the oil derivatives. (downstream facilities)
0.3) Unfortunatly Petroplus is only active in the downstream
Petroplus unfortunatly does not explore oil fields nor pump oil from the soil. (no upstream facilities)
Petroplus unfortunatly does not explore oil fields nor pump oil from the soil. (no upstream facilities)
0.4) Swiss Government has no clue about the importance of Petroplus
Swiss Government seems to not be aware of the fact that Petroplus is of strategic value to the country nor do the banks and other financial markets participants.
Swiss Government seems to not be aware of the fact that Petroplus is of strategic value to the country nor do the banks and other financial markets participants.
0.5) Not too big to fail but too important to get lost
Petroplus is not too big to fail but PETROPLUS is too important for Switzerland's energysupply.
Petroplus is not too big to fail but PETROPLUS is too important for Switzerland's energysupply.
0.6) Compared to UBS this firm is but a bargain
Petroplus is a bargain: its market value is a ridiculous CHF 170 Million. Compared to Swiss Government's CHF 60 Billion support for UBS almost a joke.
Petroplus is a bargain: its market value is a ridiculous CHF 170 Million. Compared to Swiss Government's CHF 60 Billion support for UBS almost a joke.
0.7) In other words Swiss population is capable to put Petroplus on its feet again.
As the Swiss population counts for some 8 Million, to buy Petroplus will cost them only CHF 21.25 per capita. The needed capital of CHF 1.7 Billion amounted to CHF 212.50 per capita. The purchase and the capital increase included costed the Swiss population only CHF 233.75 if only they would be aware of this fact.
0.8) With Petroplus getting lost, a lot of skills are lost too
Petroplus is about to vanish from the map of Switzerland by neglectance.
Petroplus is about to vanish from the map of Switzerland by neglectance.
0.9) Petroplus' cash available counts for some USD 1'000'000'000
0.10) Petroplus' need of cash sums up to USD 1'700'000'000
0.11) Petroplus maturity ladder short
Petroplus debt maturity ladder is rather short. Outstanding debt USD 1'750'000'000
Petroplus debt maturity ladder is rather short. Outstanding debt USD 1'750'000'000
0.12) Board of Directors sclerotic
Petroplus' board of directors is not openminded enough to even think about unconventional measures to be taken. Neither does the management; they are too self-concerned.
Petroplus' board of directors is not openminded enough to even think about unconventional measures to be taken. Neither does the management; they are too self-concerned.
0.13) Employees stunned with fear
Petroplus' employees of every level are staring at the screens just like rabbits facing snakes.
Petroplus' employees of every level are staring at the screens just like rabbits facing snakes.
0.14) Destructive Banks cowardly cancel credit lines
Banks cowardly cancelled all credit lines due to Rating Agencies downgrading.
Banks cowardly cancelled all credit lines due to Rating Agencies downgrading.
Banks prepare Petroplus to be handed over at very low levels to foreign owners.
0.15) Mud is standard and poor
Moody's (muddy), Standard & Poors (standard is poor) and other puppet masters once more tackle the European Union (EU). They virtually stab in the back every plant and government outside the US
Moody's (muddy), Standard & Poors (standard is poor) and other puppet masters once more tackle the European Union (EU). They virtually stab in the back every plant and government outside the US
0.16) Buyers located in USA
Recent buyers all are USA based. A strategic move of the USA???
Recent buyers all are USA based. A strategic move of the USA???
1) Facit
1.1) PETROPLUS is ready to be raided.
If no appropriate measures taken, Petroplus will fall in the hands of countries abroad.
Immediate action is to be taken in a joint acitivity of Switzerland's government and the banks.
1.2) If Swissair treatment is aimed at; shame on all responsibles
This time no Swissair like treatment is to be envisaged.
This time no Swissair like treatment is to be envisaged.
1.3) Citizens must step in because the parliament is only palavering
To offset the power of parliaments' palaver, the Swiss population shall intervene without waiting for the support from any side, just on their own. 2500 Jobs are at stake.
To offset the power of parliaments' palaver, the Swiss population shall intervene without waiting for the support from any side, just on their own. 2500 Jobs are at stake.
1.4) Supply chain threatened to get severly hit
Also a very important piece of Switzerland's supply chain is about to be switched off for ever. Also there will be an exodus of knowledge, skills and science.
Also a very important piece of Switzerland's supply chain is about to be switched off for ever. Also there will be an exodus of knowledge, skills and science.
1.5) Switzerland and Europe to become children led by hands
Growing dependency on countries outside Europe in terms of downstream activity, has renders the european continent's population even more infantile.
Growing dependency on countries outside Europe in terms of downstream activity, has renders the european continent's population even more infantile.
1.6) Infantilization to be reversed
At any rate this process of infantilization must be reversed for the sake of present and future generations. People have to take back the responsibility from the politicians.
At any rate this process of infantilization must be reversed for the sake of present and future generations. People have to take back the responsibility from the politicians.
Possible solutions
1) Struggle as used till now
Same behaveour, same board of directors, same management, office staff at Zoug. Business as fatally usual.
1.1) Raise capital through people capitalistic approach.
This approach is outlined above. As shown the cost of the purchase as well as a capital increase will amount to CHF 233.75 per capita.
1.2) Advantage
Petroplus is able to pick up its activity again.
1.3) Disadvantage
In due course Petroplus will be back in the same shoes as at 31.12.2011 because it will not change its fatal business style.
1.4) Petroplus might be raided
If there is no change, Petroplus will be the prey of raiders or strategically thinking countries' governments. It will belong to countries abroad (outside Europe) or it will be sliced and sold bit by bit. (Swissair style)
2) Unconventional activity - start fighting the misery
Infight the misery by unconventional and openminded behaveour - think future
2.1) Raise capital abroad - the unconventional approach
2.2) Develop the upstream activity
Arrange joint ventures with an oil rich country geographically diversified from fatal hot spots such as the Middle East and the former Soviet Union countries.
2.3) Advantage
Immediate acquisition of instant liquidity.
2.4) Disadvantage
Attack unknown even threatening regions. Threatening because of desinformation and dissuasive remarks on official sites.
E.g. Swiss Administration's Department of foreign affairs EDA's dissuasion for NIGERIA
3) Risks
3.1) Reluctant board of Directors
Major risk maybe Petroplus' reluctant board of directors
In case of reluctancy and inactivity the must step down to be replaced
3.2) Conservative and retrograde managment and employees
High risk is the conservative management as well as other conservative head quarter's employees.
3.3) Political deals - Infantilization of the people - preventing them from serious action
High risk are possible political deals - so called give and take bargains - granting no intervention on Swiss government's side in exchange for export facilitation (China), foreign direct real estate or infrastructure investments in Switzerland (Russia), suspension in the matter of aircraft noise (Germany), stabilization of bank secrecy at actual levels (USA), no pursuit of Swiss Big Banks (USA) and others.
3.4) Switzerland fatally focussing on European Union (EU)
Politicians have Swiss EDA's Foreign Minister focus on the European Union - a wrong and nowadays even marginal task
3.5) Big picture missing in Swiss parliament
As the administration and the parliaments' politicians (Bundesrat BR, Ständerat SR, Nationalrat NR) in Switzerland's capital Bern lack the very big picture they virtually keep living - with the shrinking financial "industry" - on their snow/rainy cheese and chocolate island.
3.6) Narrow-minded priorities already set
They set wrong narrow-minded priorities such as joining the EU, even joining the EUR-Zone thus having undercover agent - in EU-joining matters - Swiss minister of foreign affairs helicoptering all over Bruxelles adict countries; just busy doing nothing. In joining the EU there is nothing to get but a lot of troubles. Main fatal error is the thought and belief of being part of and having influence on great EU-parliament in Bruxelles.
3.7) Infantilization of the people
Wrong priorities lead to further infantilization of the people. The direct democrathy will even falter. The demotivation will aggravate because people got deprieved from freedom.. There will be no need to vote again. Thus the wrong sides will be able
to step up and in. Having been reelected some centrists' exponents spoke the word of EU-joining at a later stage.
4) Chances
4.1) For the sake of Petroplus' long term performance
4.2) Petroplus will recover and prosper in an unthinkable way
4.3) Petroplus will aggravate supply by jointly building infrastructur abroad
4.4) Petroplus will tap a more than 150 Million people market
This being not only the sale of goods but also the raising of share capital.
4.5) Petroplus will found companies jointly in ECOWAS countries. The goal is to have even financially participate numerous individuals in the building of enterprises and jobs.
4.6) Suggested blueprint country is 150 Million people Nigeria
It is a fact that hundreds of thousands of valuable graduates emerge each year from Nigerian Universities. Some very top universities are available in Nigeria.
5) Raising USD 1'500'000'000
5.1) Indeptness of Nigeria and Nigerians
Nigeria's real asset is the low indebtness of the country and its people. The majority of people do have nothing at all. The also have NO debt. Thus they can take off from ground zero. This compared to the US and EU citizens' debt (mortgage, consumption credit, credit cards, leasing rates, installments a.s.o) turns out to be the real advantage.
5.2) Rasing capital from a country's so-called poor people
It is easy - big figure rule to be applied
USD 1.00 (NGN 150) invested by 150 Mio People result in USD 150 Million
(USD 150'000'000) thus
NGN 24.34 Trillion (NGN 24'338'796'000'000)
5.3) 150 Mio Nigerian investors
Every Nigerian investing USD 10 on average result in USD 1.5 Billion (USD 1'500'000'000)
5.4) Capital raised dedicated to development
The capital raised on behalf of Petroplus Nigeria will be used in a first step to solve the liquidity problem of Petroplus Holding AG in Zoug. The holding will be debtor of Petroplus Nigeria. The bulk of Petroplus Nigeria's balance sheet will be the credit granted to the holding on a rolling basis. This will relieve the holding's management and have them doing business with less stress.
5.5) Infrastructure domestically built in Nigeria
Petroplus Nigeria will gradually build infrastructure on Nigerian soil. This activity will be financed according to the progress by diminishing the credit with Petroplus Holding.
5.6) Implementation and training
While implementing the infrastructur Nigerian employees are thouroughly trained on their jobs as well as in a trainee exchange programme abroad. The transfer of knowledge, skills, experience, know-how and science is a must, agreed in the founding legal works. Also managers and leaders have to be educated from scratch. No Quotamanagers allowed; there will be competition.
6) Natural resources
E.g. Nigeria ranks 6 on the list of proven oil reserve
Also there are huge natural resources and a potentially big food production.
6.1) Millions of people to employ - the future consumers
There are millions of people to employ in to be built up factories. E.g. instead of assembling cars there will be a fully fledged production from bits and pieces to the end product.
6.2) Production and Sale both done locally
Petroplus will sell and manufacture derivative products abroad. Production and Sales in the same country.
6.3) Knowledge exchange
Petroplus will transfer and exchange knowledge, know-how, skills and science with its partner country's plants' employees. Everything will get full transparency.
6.4) Switzerland back to its reputation
Tiny Switzerland's approach to be recognized all over the world
6.5) Actions such as Petroplus' building facilities abroad supported by Swiss counselors (Bundesrat) will ameliorate Switzerland's reputation on the political parquet floor.
6.6) Switzerland the helping hand
Switzerland will be recognized as main supporter of ECOWAS countries' development of fully fledged domestic economies.
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copyright Thomas Ramseyer
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