Chapter 628 Fan Zheng has entered the stage with a high profile
In October, the share price of Androni Leather Goods had been pushed to over 11 yuan by Tony. At this time, Laurson stopped causing trouble, and Tony's stock slowly increased from 25% to 29%.
At this time, Laurson had reduced his position to less than 12%, another reduction of 6 percentage points. However, Tony only collected 4 points, and there were still speculators competing with him for chips in the market.
This is mainly because Juan has been too active recently. He made high-profile appearances at New York Fashion Week and London Fashion Week, frequently made optimistic remarks about the economic prospects of Europe, and had preliminary contacts with many raw material suppliers, which attracted many speculators.
Everyone is paying attention to the trend of Anroni leather goods.
Because of this, Tony's work of increasing his holdings will be difficult to complete unless he continues to significantly increase the stock price. But if he really does that, I'm afraid the market's reluctance to sell will be even more serious, and there will be more speculators competing with him for chips.
Under such circumstances, Tony persisted for another week, and the stock price had reached 11.5, but he only increased his shares by 1%.
The deadline for borrowing money was coming in one week, and Tony had no choice but to convene a family meeting again to tell everyone about the situation he was facing.
This is his move to dump the blame. There is actually a way to negotiate with Juan and buy back the stocks in his hands. This not only solves the problem of repayment of the securities loan when it is due, but also fundamentally solves the problem of controlling rights.
Danger of falling aside.
However, things that could obviously be solved when the stock price was more than eight yuan were delayed until November 5. Not only did the cost of stock repurchase rise significantly, but he also lost more than 15 million US dollars in the securities lending business. Even if Tony
The clan leader cannot bear this responsibility.
Therefore, this proposal can only be made by others, and the pressure he will bear will be relatively small.
The family meeting went smoothly. Antonio got a hint from his brother, so he took the initiative to make this request. Others had no better way, so they had no choice but to agree to do this after making a fuss.
Although he lost face and his own prestige as the leader of the clan has also dropped a lot, Tony is still very satisfied with being able to overcome the difficulties like this.
The most urgent task now is to reach a share repurchase agreement with Juan as soon as possible, and absolutely not to expose the actual situation faced by him, so as to prevent Juan from asking for a high price and the lion opening his mouth. It is also necessary to prevent him from raising the price and forcibly competing for Anloni.
A controlling stake in leather goods.
Juan is easy to find. He is in Paris and has not hidden his itinerary at all. But it is easy to find him, but it is difficult to successfully complete the relevant negotiations.
Juan acted like a second-generation ancestor and left only one sentence for those who were negotiating with him: "You didn't agree with the conditions I proposed during the previous negotiation, which deeply hurt me. I don't want to talk now, unless you
Give me a mental damage fee to make up for my hurt by you."
After saying that, Juan walked away, leaving behind the dumbfounded negotiator of the Masardino family.
"I'll pay your sister's mental damages!"
After a loud bang, Tony's new ashtray met the same fate of being shattered into pieces like his predecessor.
In his study, Tony greeted Juan's family warmly in Italian for more than an hour. In the end, he had to lower his head and let his brother Antonio negotiate with the bastard on his behalf.
Three hundred thousand U.S. dollars was the first negotiation result achieved by Antonio after he took action. This money was extorted by Juan for mental damages, and the Masardino family had to accept this fact with resignation.
This was not included in the original script. It was the result of Juan being a good actor and giving free play. When Sun Dahai heard about it afterwards, he just smiled. Juan really had the potential to be an actor, and he even added scenes for himself.
The three hundred thousand U.S. dollars was earned by Juan himself, and of course it belongs to him. Sun Dahai invited him to cooperate in the acting, and he was given an appearance fee of one hundred thousand U.S. dollars, which was not as much as what he earned through blackmail.
After receiving the compensation for mental damages, Juan kept his word and started negotiating with Antonio. However, the negotiation did not go smoothly at the beginning, and Juan really opened his mouth.
At $13 per share, Juan's asking price was quite aggressive, which was a 10% premium. Naturally, Antonio could not agree, so the first day of negotiations ended.
The next day was Saturday, October 10th, and the negotiations still didn't make much progress. Although Juan was a little looser and no longer insisted on a 10% premium. But his asking price of 12.5 still exceeded the bottom line of the Masardino family.
You know, the closing price of Anroni Leather Goods this week is only 11.8.
On Sunday, the patriarch Tony also rushed to Paris and officially joined the negotiations. If he didn't come, something would happen again on Fan Zheng's side.
For more than a month, Fan Zheng has published comments in financial reports every weekend, saying he is bearish on Anroni Leather Goods, and this week is no exception.
These have become clichés, and apart from the attention of the Masardino family, it is estimated that no one will care. However, in yesterday's report, Fan Zheng was serious about it.
"I have reminded you many times that Anroni Leather Products has become a very high-risk stock. Its actual value is far from reaching the current price.
Many people are betting that the stock price of Anloni Leather Products will skyrocket after its backdoor listing. But what I want to point out is that this kind of speculative mentality will bring huge risks to investors.
Some friends will say, since you are right and your company is an investment company, why doesn't your company enter the market to operate?
I will now officially answer everyone, yes, the company I work for is an investment company, but it has no plan to enter the European stock market before. So I have only been analyzing and commenting without actually entering the market.
Now, after many applications from me, the company decided to allow me to conduct a trial operation, with the goal of shorting Anroni Leather Goods.
I have signed a short-term securities lending agreement with a brokerage, and I had already entered the market for short positions on Friday..."
Seeing such news, Tony couldn't sit still. He was the last person who wanted the stock to fall at the moment.
Tony has the best say in the actual value of Anroni leather goods. The current crisis of controlling interest has not yet been resolved. No matter how high the stock price is, Tony must do his best to ensure that the controlling interest will not be lost, so he cannot sell the stock at will.
Therefore, since even the method of securities lending has been used, and Juan's offensive cannot be defeated in the open market, the stocks in his hands must be bought back, otherwise it will be like a Bodhidharma hanging over his head.
Like the Sword of Chris, it always threatens Anroni Leather's controlling interest.
After these shares are repurchased and the crisis is resolved, Tony plans to take advantage of the current falsely high stock prices to continue lending money.
Then, he would quietly sell this part of the stock at a high price, and then at the appropriate time, let Juan announce to the public that he had canceled the plan to use Anroni Leather Goods to go public through a backdoor listing.