diymy Chapter 45 They've all become drowning dogs
Chapter 45 They've all become drowning dogs
Friday, November 27th!
Milk Company Press Conference:
The company announced that it has reached a cooperation agreement with Chinachem Group to jointly establish Dairy Farm International Holdings Limited. 25% of the company's shares will be distributed to shareholders, and the company will be listed on the stock exchange soon.
Wang Dehui, owner of Chinachem Group, stated that Chinachem will invest HK$1.24 million to acquire a 24.9% stake in the new company. Dairy Farm International Holdings will exchange land for a 75.1% stake in the new company.
.....................
This news effectively curbed the share swap, but it was followed by another surge in the share prices of Dairy Farm and Hongkong Land.
Good advice is useless to those who deserve to die; compassion is useless to those who choose to die.
Even if it were Buddha himself, let alone HSBC tycoon Sanders, he couldn't extinguish the fire of greed.
The Hang Seng Index has become a tool for pure zero-sum games, rather than a so-called free market economy.
Hong Kong Stock Exchange!
Zhou Xinian stared blankly at the milk company's price quote on the blackboard, his thoughts wandering elsewhere.
That bastard wants to destroy the dairy business, and he himself is colluding with Wang Dehui to tear down the land and preserve the transportation chain that keeps the capillaries of Hong Kong open.
Is it really impossible to keep the dairy company?
A broker from Roosevelt & Co. reported: "Sir Zhou, Jardine Fleming hasn't made a move. It's Prudential Investments that's selling off Hongkong Land shares. They're doing it very discreetly; it's hard to detect without careful observation..."
"Baoyuan Investment?"
Swire Group also stepped in to help Jardine Matheson sell its shares, and with the Shing family of interest constantly causing trouble in Causeway Bay, he really looked like a drowning dog, hated by everyone.
The market will close tomorrow, Saturday, and the day after tomorrow, Sunday. The exchange will reopen on Monday, November 27th.
In other words, Hongkong Land announced that it would exchange new shares on November 29, leaving it only three days.
Should he sell his shares and let go completely? Or should he hope for a miracle to happen in three days? Zhou Xinian was still struggling to decide.
"If Milk Company has done it, Hongkong Land Company will do it too!"
This was the last sentence Chen Guanjiang left after his persuasion failed: "What has Milk played that Landmark has never played but will play?"
Zhou Xinian couldn't help but recall what Dairy Farm had done during Hongkong Land's forced acquisition, and it seemed that it hadn't done anything.
Besides resisting the share swap, they also exposed each other's shortcomings and announced a share split, splitting 1 share into 5 shares and giving away 1 bonus share. It was just a matter of splitting the original 1 share into 5 shares and promising a 67% increase in dividends.
and many more…
牛奶宣布拆股是在11月11日星期六，陈冠江是在11月10日星期五换股进行抛售，桑达士是在11月13日星期一刺破的股价泡沫。
Is the "high transfer rate" tactic effective? Absolutely!
After splitting 1000 million shares, the total share capital reached 5000 million shares, and the price per share was only one-fifth of the original price.
A low stock price allows more investors to participate, leading to a rapid increase in trading volume and stock price.
So here's the question: why wouldn't Landmark use such a simple and effective tactic?
The Rothschild family and their subsidiaries, including himself, were only scrambling at the last minute. Jardine Fleming and Henry Keswick had been planning the milk scheme for at least six months, so how could they have been so slow to realize it?
The only reasonable explanation is that we had thought of it long ago, but the time was not right.
So, when will the time be right?
Looking at the remaining five days, three of which were market days, Zhou Xinian suddenly realized what was going on.
If Hongkong Land announces a stock split within five days, its share price will surge instantly, just like when Milk announced its stock split. The new shares will be delivered to the shareholders who participated in the stock split 15 days later.
Half a month!
Within those fifteen days, the Jardine Matheson consortium had ample time to sell off its increased holdings of Hongkong Land shares and cash out.
In other words, Hongkong Land is likely already in a winning position, and the reason it is willing to continue playing along is to create the illusion of a close contest in the market.
The shareholders thought they would benefit from the situation, but little did they know that while Hongkong Land was pretending to confront the dairy industry head-on, it had already wrapped the noose around their necks from behind.
"Whoosh whoosh whoosh..."
Zhou Xinian was breathing heavily. The more he thought about the current situation, the more he could confirm the reality of this situation. The pain of losing the milk company made his heart beat more and more violently.
"Sir Zhou, are you alright? Should I go and call a doctor?" The agent rushed forward in alarm and asked with concern.
"It's okay, forget it, it's time to let go..."
Zhou Xinian stared at the price quotes on the blackboard and said resolutely, "Sell all 5.32% of the dairy stocks I hold, no matter the price! Sell them all today."
"What?"
The agent was immediately alarmed and said, "Sir Zhou, we haven't lost yet! How can we admit defeat prematurely? Besides, there are too many dairy stocks with a 5.32% profit margin; selling them all in one day would cause a stampede!"
"Ha ha ha ha…"
Zhou Xinian laughed maniacally, "Let them trample! Even if the losses are heavy, I won't let Keswick get away with it. My mind is made up, don't try to persuade me anymore."
"Well... Sir Zhou, please wait a moment while I go and fetch the chief."
Instead of immediately carrying out the employer's orders, the broker reported the situation to his superiors. This clearly indicated that he did not want to sell the dairy shares, but was determined to fight Jardine Matheson to the bitter end.
Actually, I should have realized this long ago, but I was blinded by my own mind and couldn't see the bigger picture.
The reason for employing London-based Rothschild & Co. was that their business in Hong Kong had been suppressed by Jardine Fleming for a long time, forcing them to shift their main business back to England.
The reason for choosing Sing Tao Daily as the main publication is that the Hu family has been provoked by Oriental Daily for many years, and of course they want to retaliate against the interest-driven Shen family behind the Ma family.
Interests may unite them in a united front, making them relentlessly and steadfastly resist foreign enemies, but this also exposes a cruel truth: he is coerced and even misled by his companions, and is not allowed to retreat.
They only wanted to use this incident to achieve their own goals, rather than wholeheartedly helping Zhou Xinian. Even if they failed, they would not suffer any losses.
On the contrary, Chen Guanjiang, being an outsider, saw things clearly.
The story of Yang Naiwu and Xiaobaicai served as a reminder early on that the Zhou Yongtai family in Hong Kong today is neither the Hunan Army nor the Zhejiang Army, but the Taiping Army, which everyone wants to kill.
Fortunately, it's not too late.
As the public had hoped, the dairy company invested in the booming real estate development sector, driving up its stock price to facilitate cashing out.
Since the shareholders want to die, then grant their wish. Since the Jardine Matheson Group wants Dairy Farm, then give it to them.
He can't just take and eat; he has to be skinned alive so those monsters and demons know he'll go down with them!
By noon, Li Zhu still hadn't sold any shares, so Zhou Xinian knew what was going on and immediately called Sandas to change partners.
This allowed him to fulfill the Hong Kong government's mission, sabotage his old rival, and even earn a commission. Sanders readily agreed and dumped his dairy shares at a rate far faster than Rothschild & Co. in London…