celestial system of the solar system

Chapter 165 The Spoiler

The stories told by those third-rate tabloids did not directly state the reasons why the Feng family offered to acquire Wang's company at the beginning, but used classic hype routines.

In the beginning, a tabloid reported a series of photos of Feng Daoxue courting Wang Wei at the party.In order to avoid completely angering Wang Chenglin, all of Wang Wei's photos were mosaiced.

Although Daoxue Feng is only a junior in the Feng family, people from HK have always been interested in the weddings and funerals of the top rich circle, so many people have become interested in this report.After all, this kind of news about who is likely to marry into a wealthy family has a lot of audiences in HK.

Readers expressed dissatisfaction with the mosaic processing of Wang Wei's photos.Soon some participants of the evening party said that the woman is very beautiful and very temperamental, and she can be known as a lady at a glance.

So readers are more interested.

Everyone is a lady, that is to say, the woman is also a wealthy daughter?Very good-looking and very temperamental, so who is she?
The mosaic is the most annoying thing!
Next is the drama meat.

An insider claiming to be a senior executive of the Feng Group broke the news: Feng Daoxue fell in love with the woman at first sight, but the woman has not agreed yet.Since the company controlled by the woman's parents is currently in trouble, Daoxue Feng asked the helm of Feng's family to invest in that company in order to please the woman's parents.

Daoxue Feng won the favor of the helm of the Feng family, and the helm of the Feng family was very satisfied with the girl's conditions in all aspects, so he agreed to Daoxue Feng's request.

So Feng Daoxue proposed to invest in the company of the woman's parents, hoping to inject a large amount of funds to help the company of the woman's parents tide over the difficulties.

However, on the one hand, the woman's parents considered that their daughter had not yet accepted Feng Daoxue's pursuit, and on the other hand, he himself had no confidence in the company's prospects, so he politely rejected Feng Daoxue's suggestion.

However, Daoxue Feng did not give up.So simply put forward a tender offer.Feng Daoxue told the woman's parents that he would use 10% of the stock as a gift.

The high-level revelations, on the surface, express dissatisfaction with Feng Daoxue's dandyism, but in fact they have other meanings.

After hearing the gossip here, combined with the recent actions of the Feng family, the people of HK knew that the Feng family's offer to acquire Wang's company was not from a commercial point of view, but that Feng Daoxue, who was deeply loved by the helm of the Feng family, rushed to the top. Anger is just a beauty.

HK people like the bloody stories of wealthy families, and they also believe in the bloody stories of wealthy families.

Now retail investors "know" two important pieces of information:

[-]. The chairman of Wang's company himself lacks confidence in the company's prospects.

[-]. The Feng family's tender offer was not because of any good news about Wang's company.It's the sons of the top wealthy families who spend a lot of money just to pursue their girlfriends and please their future father-in-law.

People in the same circle knew that this was just a trick directed and performed by the Feng family, even if they had no conclusive evidence.But there is a tacit understanding in the circle, that is to see through but not to tell.

Therefore, except for very few people who know that there is something inside this matter, most ordinary people will have an illusion: they have analyzed a piece of precious inside news about stocks through eight news articles from third-rate tabloids.

The biggest disadvantage for retail investors is information asymmetry.

Since the chairman of Wang's company has no confidence in himself, and since the Feng family's tender offer is not for commercial reasons, retail investors who "know the inside story" will naturally take advantage of this opportunity and eagerly sell their stocks.

……

The Feng family released such rumors to put pressure on shareholders.With this pressure, it is believed that there will be enough shareholders to accept the offer.

The main reason why the Feng family chose to give up completely without acquiring 29% was to prevent spoilers from joining.

Ordinary retail investors will be influenced by third-rate newspapers, but investment institutions and rich people will not believe that kind of gossip tabloid reports.

Investment institutions and wealthy people can guess that the Feng family's intention to acquire 29% of Wang's company's shares must be due to some unknown good news.In the future, Wang's company will surely turn around.

On the basis of this analysis, investment institutions and other wealthy people will have the urge to hitch a ride—although forcibly taking a hitch ride may offend the Feng family, but as long as there is enough profit, is there anything capital dare not do? ?

These investors do not need the dominance of Wang's company.If a competing offer is launched, the target number may be lower, such as 10%, or even 8%, so it is easier to achieve the target.

However, Feng Jiahua put so much thought into launching a tender offer for Wang's company, is it to be a good person and a good deed?
If the spoiler got enough shares, but the Feng family failed to acquire 29%, wouldn't it be as uncomfortable as rat droppings in a delicacy?

So the Feng family directly chose "If the acquisition does not reach 29%, then the entire tender offer will be completely void."

The Feng family showed a desperate attitude: If they can't get 29% of the stocks, they will simply give up all the shares, and everyone will break up.

Sending out such a clear message will make the spoiler draw a conclusion: Feng Jiaming knows that Wang's company has good news, and there is no reason why he should not make money if he has money—unless the good news is completely controlled by the Feng family.

Under such circumstances, if the spoiler succeeds in competing for an offer, but the Feng family's tender offer fails, then the Feng family will not release good news and sit back and watch Wang's company go bankrupt step by step.

The spoiler has hated the Feng family, and he will lose money, so what is he trying to do?

As a result, the impulse of investment institutions and other wealthy people to ride on the same trend will disappear.They will calmly consider the pros and cons and will not easily break into this confusing situation.

……

However, after all calculations, the Feng family did not expect such a reckless competitor to appear.

Zhenzejing Company stated in the announcement that the competitive acquisition price was 0.01HKD higher than that of the Feng family.Moreover, the offer condition is below 29%, and as much as there is, no one will refuse.

Shareholders want to sell their shares, so why not sell them to a real net company with a higher bid?After all, the purchase price of the real net company is higher.Moreover, accepting Zhenzejing's offer, there is no risk that the offer will be revoked if the confiscation reaches 29%.

The Feng family was extremely annoyed by this. They couldn't figure out why such a company that didn't want to die suddenly appeared.

The Feng family pinched the weakness of Wang's company, they could let it live if they wanted it to live, and let it die if they wanted it to die.If this inexplicable Zhenzejing company crashes in, isn't it afraid of losing everything?
The team in charge of this tender offer urgently conducted a detailed analysis of the spoiler's motives.

In the end, it was concluded that the emergence of this abnormal situation is likely to be due to the special fund owner of the competitive acquisition—the kind of upstart who has too much money and can’t find investment directions, such as the mine owner in the mainland. .

This kind of dragon doesn't read HK's tabloids at all, and he doesn't know anything about gossip circulating in the market.

He (they) only saw that Wang's company's stock price plummeted to less than one-tenth of its original value, and the Feng family's tender offer gave him (them) the illusion that Wang's company actually had good development prospects.So I wanted to take advantage of the dips.

Another lesser possibility is that the competing acquirer wants to compete with the Feng family.

The Feng family had previously acquired 5% of Wang's company's shares.From the perspective of business being business, even if the Feng family's tender offer fails, Wang's company will not be forced into bankruptcy out of anger.

The company that competed for the offer may be betting that the Feng family will not do things that harm others and benefit themselves.

(End of this chapter)