Chapter 546 Prepare for Action
As of April 1987, the Future Holding Company held a total of 46.45% of Scoll Bank's shares, and at the shareholders' meeting, they could basically control the overall situation.
However, with its own efforts, the Masatino family spent nearly $30 million in unjust money to set up a future holding company.
The secret investigation ended in mid-May. Based on the investigation results and various evaluations of the two investigative agencies, Qiao Hongwei and others formulated several different plans and sent them to the capital for Sun Dahai to make a decision.
Sun Dahai quickly made the decision. If he wanted to do it, he would do the most important asset of their family, Anloni Leather Goods Company.
Anloni Leather Goods Company is a listed company with a market value of about 200 million pounds (about 300 million US dollars. For the sake of reading convenience, it will be described in US dollars units later).
The Masatino family owns 30% of the shares of Anloni Leather Company, which is the main asset of the Masatino family, accounting for more than 60% of their family's total assets.
Because Anloni Leather Goods Company is a listed company, Sun Dahai can complete his revenge on the Masatino family through trading in the stock market.
After the goal is selected, the follow-up work will be carried out by Qiao Wanting’s Financial Investment Department, and others will cooperate with her work when necessary.
In addition to setting up public accounts for future investment companies, this task will also be operated using some anonymous accounts.
One of Qiao Wanting's deputy, Raulson, the first member of the trading team, volunteered to take over the task.
Raulson is a Danish and comes to study abroad at Xiangjiang University. After graduating from graduate school, he was about to set up a Future Investment Company and was just established. So he and his girlfriend Peng Jiayi were pulled into the company by his junior sister Qiao Wanting.
Raulson is lively by nature and likes to pursue excitement. He is like a fish in the trading group and enjoys such a life. After the yen project last year, the members of the trading group were scattered to work in various departments of the Finance and Investment Department. There is no notice when the next time will be concentrated?
(The trading team should be concentrated in September to deal with the upcoming global stock market crash "Black Monday" in October. It is still early to concentrate, and Sun Dahai did not ask Qiao Wanting to convey the schedule.)
The nine-to-five-week shift system every day made Raulson very bored. When Qiao Wanting told the general situation of the task to several supervisors and above, he immediately volunteered to take over the task.
Raulson is an old man in the company, and his business ability and loyalty have no problems. So Qiao Wanting transferred him and his two assistants to the European group, and they were specifically responsible for the specific operation of this task.
...
From mid-May to now, the preliminary preparations for the revenge plan have been in progress for more than two months. In Marco Polo's suite, David's speech has ended, and it is Qiao Wanting's turn to speak.
"Anloni Leather Company is a listed company on the London Stock Exchange, with a total share capital of 50 million shares, and its current price is US$6.2 per share, with a total market value of US$310 million.
The Masatino family holds 30% of the shares through family funds and is the largest shareholder. At the same time, several major members of the Masatino family also hold a small amount of shares in Anloni Leather Company in their personal capacity, accounting for 4.5% of the total share capital.
In addition, there are about 5% to 8% of the shares, which are held by several suspected affiliated companies of the Masatino family.
Therefore, we believe that although there are loopholes, the Masatino family's control over Anloni Leather Company is within a reasonable range. If we forcefully attack, the cost will be higher.
In the past two months, we have been secretly collecting chips. So far, several of our accounts have bought about 5.5% of the shares in total, with an average cost of US$6.3 per share.
In addition, through the counter-detection, we gradually increased the daily turnover rate of Anloni Leather Company from about 3% to 4% before to more than 10%, making it a stock with more active transactions, laying the foundation for subsequent transactions.”
"How is the overall performance of the London stock market recently?" asked Sun Dahai.
He is mainly concerned about the US market and the Hong Kong stock market, London and Tokyo at home. Because of special reasons, the basic trends of global stock markets currently follow the US market, but the degree is different.
"Like the stock market in most countries, the London stock market has been in an upward channel in recent years. Although there are some adjustments, the overall trend is upward, the rise and fall is upward.
Boss, do you really think the stock market will undergo an explosive adjustment soon?"
Sun Dahai looked at Qiao Wanting with a strange look and said angrily: "Have you heard of stock markets that only rise but not fall? Now, most of the leading stocks in major stock markets have high price-to-earnings ratios that exceed the standard. If you don't adjust, where will there be any motivation for the rise?"
Qiao Wanting stuck out her tongue and stopped talking.
Sun Dahai thought for a while and said, "I think I'm almost ready. Tomorrow is Saturday and the London stock market will be closed.
You tell Raulson that in the early morning of tomorrow, half an hour before the closing of the London stock market, use the separate account to increase the amount of funds to absorb funds, and the target of absorbing funds is more than 1%. The closing price should not increase too much, and control it to about twice the market increase.
Uncle Wu, you arranged for someone to release the wind on two days on the weekend, saying that there is a South American clothing company that wants to go public in London through a backdoor. At the same time, you want to acquire several leather factories in Europe and related import and export channels."
Wu Dawei nodded and expressed his understanding. The steps of the revenge plan have been discussed in advance, but now we are just following the plan, performing our duties and moving forward step by step.
Qiao Wanting took a pen and wrote down what Sun Dahai said, and then asked, "This is the time to start? Today, there will be a lot of money and two days off on the weekend. Will they be prepared for the next week?"
Sun Dahai said laughing and cryingly: "Sister, do you think we really want to acquire such a company? Today, we need to prepare for the increase in volume and release the export.
Starting next week, we will continue to increase the volume and propose acquisition quotes to shareholders with more shares. When this account holds more than 5%, submit a statement to the exchange...
Wu Dawei said: "Dahai, your plan is to hurt people with its original intention, which is quite satisfying. However, can you be sure that there will be a major adjustment in the stock market in the near future? If there is no adjustment or the adjustment is not enough, we will lose money."
"Uncle Wu, I plan to end this operation before the end of this year. If it goes well, three months will be enough.
As for the stock market adjustment, there will definitely be a certain extent, but I can't be sure. However, even if the stock market does not adjust, we will only lose tens of millions at most, so don't worry."
"Since you have prepared the worst, there is nothing to say. I will try my best to cooperate with Xiaowan and the others."
Seeing that Sun Dahai had considered it, Wu Dawei didn't need to say more.
Chapter completed!