Chapter 1131 We just admit defeat?
Ji Haicheng knew how much his ex-wife hated him, and the will left by his ex-wife completely cut off the possibility of owning Kadi Construction shares, so Ji Haicheng usually doesn't care about Kadi Construction.
In other words, for Ji Haicheng, Kadi Construction belongs to his daughter, so Ji Haicheng lets his daughter run Kadi Construction freely.
However, Ji Haicheng is still very clear about the current situation of Kadi construction: "So you plan to retake the Kadi construction?"
"Of course." Ji Minting said without hesitation: "My mother's efforts can't be easily messed up. Besides, if I can't even do the company I already own and do other things in the future, who can trust me?"
"Okay." Ji Haicheng nodded: "Dad supports you unconditionally."
"So now can we start?"
"Of course." Ji Haicheng said: "From the media perspective, it is difficult to trade the stock price of a listed company, but it is relatively easier to smash it down, not to mention that Kadi Construction is not optimistic at the moment."
Previously, the Hatha Martyrs Brigade asked the city government to buy back the East Tunnel, which instantly hyped up the stock price of Kadi Construction. Originally, Kadi Construction was a high-priced stock, but after that, ordinary investors could not afford it.
When the security forces raided the East Tunnel and the whole incident was resolved safely, the city government did not repurchase the East Tunnel, and the stock price of Kadi Construction fell into a very strange state, rising for two days and falling for two days, but the decline was even greater, and in general, it was still on the decline channel.
There is no doubt that the city government has terminated the repurchase, and Pang Jindong's promotion of two bridges and one tunnel is aimed at the construction of Kadi. All of this is a huge negative for Kadi Construction. In theory, the stock price should plummet.
But things in the securities market are not that simple. It is precisely because the Hatha Martyrs Brigade had previously asked to repurchase the East Tunnel, and many institutions bought large amounts of shares of Kadi Construction and were preparing to make a big profit. Pang Jinran's decision to terminate the repurchase was something these institutions never expected. Since Ji Minting was unwilling to let Kadi Construction go bankrupt, how could these institutions sit and wait for death? So they began to use various technical means to raise the stock price. At the same time, there were many news in the market that the city government was still considering repurchasing the East Tunnel, and the repurchase price was not low, which made some people still have expectations for the stock price of Kadi Construction, and these news also came from these institutions.
There are always various news circulating in the securities market, and it is difficult to distinguish between true and false. If you really analyze it seriously, most information has problems. Even if you can't say it is completely fake, at least it is not all true. Therefore, experts often have various information on the securities market, namely, the left ear and the right ear. Information that can truly determine the market conditions is often circulated in small circles and will not appear easily on the market.
As for the city government, after the end of the East Tunnel incident, it was busy with all aspects of aftermath work, and did not make a systematic explanation of the entire incident, did not mention whether it would repurchase the East Tunnel, nor did it say how to deal with the Kadi Construction. This ambiguous attitude of the city government just gave the market room for association, and many investors who held Kadi Construction were still waiting for a rebound.
Of course, Pang Jindong is determined to bankrupt Kadi Construction after all, it is not a secret. All people with some status in the Canal City business world know that Kadi Construction is simply a monster stock, and it is basically waiting to die in their hands. Many of these people have bought Kadi Construction, so they deliberately blocked the news, first resist the stock price, and gradually cleared the stocks at hand.
Those securities firms and various investment institutions actually have the same routine. They use technical means to speculate on stock prices and create fake news in order to gain time to escape as soon as possible.
To sum up, the current stock price of Kadi Construction is very complicated. Things in the securities market do not mean that they will happen if they should happen, but depend on many factors.
But no matter what, Cadi Construction is still a camel that is about to collapse, and now there is only someone who can put the last straw on it.
There is no doubt that Ji Minting wants Ji Haicheng to put this last straw.
Logically speaking, the higher the company's stock price, the happier the shareholders will be because their value has risen. Now Ji Minting has the completely opposite mind, hoping that Kadi Construction will plummet, and it is best to become a junk stock if it falls within one dollar.
Speaking of which, the operating conditions of Kadi Construction have been so bad that it has always been a high-priced stock in the market. In fact, the reason is very simple, because of the two money printing machines, Xiqiao and Dongtun. Of course, Kadi Construction's reputation is still very bad due to the East Tunnel repurchase incident. Although several days have passed, protesters often gather outside the office building, shouting various slogans to curse Kadi Construction and all its shareholders. That's why it is said that the securities market is a very strange existence. So many people hope that Kadi Construction will go bankrupt, but the stock price has not plummeted.
Ji Haicheng is so smart that he doesn't need Ji Minting to say anything more, just know what he should do.
In the next two days, Ji Haicheng collected a large amount of black materials about Kadi construction, including the failure to carry out business normally due to long-term internal struggles among shareholders, many problems in the company's accounts, etc. Of course, the most important content is to target the previous East Tunnel repurchase incident, because Kadi Construction has angered Pang Jindong for a huge price, resulting in the complete failure of the entire repurchase. Pang Jindong has begun to promote the two bridges and one tunnel project in order to destroy Kadi construction.
After receiving the materials, Ji Haicheng released a series of reports through the media he controlled for several days, and since then, he has officially announced some news circulating in the small circle to the public.
So the stock price of Kadi Construction collapsed instantly.
Those brokerages, investment institutions and entrepreneurs wanted to gradually escape and minimize their losses. Now that the news reports are published, they have no patience and have cleared their positions as soon as possible.
These big investors smashed the stock price, which caused even greater panic among small and medium-sized investors, and they also cleared their positions and fled at all costs.
It must be mentioned that the city government did not officially announce the "two bridges and one tunnel" before, but only stated that there would be such a plan. Shareholders who insist on holding the construction of Kadi hope that this plan is just a rumor, so the west bridge and the east tunnel will still generate considerable returns in the future, so the construction of Kadi still has a future. Now that the bidding work has been completed, the city government has officially announced the information. This time point is really a coincidence, which makes the construction of Kadi even worse.
In just three days, the stock price of Kadi Construction was cut in half. Research institutions judged that it would completely become junk stocks in a few more days.
According to Xun Hailu's proposal, Ji Minting concealed the cooperation with Yunkai Construction and secretly raised funds to prepare to absorb shares from the secondary market.
What Ji Minting didn't expect was that before she could officially start expanding her shares, two small shareholders with one percent of the shares came to her.
These two small shareholders are very pessimistic about the future of Kadi Construction and hope that Ji Minting can buy back the shares in her hands. Of course, it is a bit embarrassed to let others buy stocks that take the initiative to lose money, so these two small shareholders gave ultra-low prices and repeatedly emphasized that Kadi Construction is the hard work of Ji Minting's mother, and Ji Minting has the obligation to inherit this property of her mother.
Since the price is good, Ji Minting certainly bought it decisively. Then she waited until the stock price fell almost, and then bought a part of it at a low price to expand the shares in her hands bit by bit.
However, the next question came soon, that is, Ji Minting didn't have much money.
As a rich second generation, Ji Minting has no idea about money. On the one hand, Kadi Construction has shares to pay dividends, and on the other hand, Ji Haicheng will also give pocket money. Ji Minting often spends as much money as she has. When she needs to use the money, she finds that there is too little money to use.
Of course, Ji Minting is a rich second generation after all, and as long as she opens her mouth to Ji Haicheng, the funds are not a problem.
But this time Ji Minting hoped to solve the problem with her own strength instead of her father. What's more, her mother really hated her father so much that she had nothing to do with her father. If she raised funds from her father and acquired the shares of her father, it would be like all her mother's efforts during her lifetime were in vain, and she would go against her mother's wishes.
Ji Minting is really a filial daughter. After much thought, she decided not to speak to Ji Haicheng, but to find her best friend to find a way.
This best friend is naturally Xun Hailu.
"This is very simple..." Xun Hailu told Ji Minting directly: "I happened to have a lot of funds idle on hand, and I just wanted to find a safe investment channel. Since this is the case, I might as well acquire Kadi Construction. After I became a shareholder of Kadi Construction, I will definitely be consistent with you on major issues, which means you have an additional insurance."
"Then thank you Sister Xun." Xun Hailu nodded excitedly: "I am so lucky to be able to know you. I welcome you to invest in Kadi Construction."
Xun Hailu thought about it carefully, felt that what she said just now was not very thorough, and said hesitantly: "However, it is my business after all, and the most urgent task now is to expand the shares you have... In the final analysis, you still need to raise more funds. If you cannot own absolute controlling rights, I am afraid that the company will have problems in the future."
Ji Minting looked worried: "But how did I raise funds?"
Xun Hailu immediately thought of asking Cang Hao for advice, so she told Ji Minting: "Wait for me, I'll go to the phone..."
Xun Hailu got up and went to another room. She was sure that Ji Minting couldn't hear her talking, so she immediately called Cang Hao.
Chapter completed!