I am farming in the real world

Chapter 173: Nested Traps (Seeking Subscriptions)

"What the hell are you talking about? Buy Rizhao Port?" Chen Jue opened his mouth, his face incredulous.

This is the largest grain import and export deep-water port in the country!

It's equivalent to the economic throat of Rizhao City, with local leading enterprises and urban investment companies holding shares behind it, making it a state-owned enterprise.

For ordinary private capital to buy such a state-owned port is simply a pipe dream.

However, after the Big-Nosed Merchant's analysis, Chen Jue felt that there was a lot of room for maneuver.

"Boss! Rizhao Port is a listed company in the A-share market, with more than 3 billion shares in circulation, but the largest shareholder, Rizhao Port Group, only accounts for 43.58% of the shares."

"As long as we make arrangements in advance to secretly accumulate shares and buy up all the shares circulating in the secondary market, we can directly merge and raise our stake to over 50% to take the position of the largest shareholder of Rizhao Port!"

"If we consider the background of state-owned enterprises and are afraid of being targeted, we can just invest to get a seat on the board of directors, not participate in the operation of Rizhao Port, and just wait for dividends as usual," Old Shang said, taking out a research report he had prepared in advance and starting to analyze.

According to the data report that this MC merchant investigated in advance, Rizhao Port is a seriously undervalued listed company in the A-share market.

The current stock price is just over 2 yuan, and the market value is only a mere 9 billion yuan, but the annual revenue reaches an astonishing 7.5 billion yuan, and the profit is as high as 1.7 billion yuan!

The reason why the stock price is so low is also because port stocks belong to very old traditional industries, which are not as popular as securities, banks, semiconductor technology, and real estate, which are full of speculative hot money.

The stock prices of many listed ports have even fallen below net assets, and no one may buy them.

Because buying them is basically equivalent to being trapped, just like the 'PetroChina trapped for 20 years' that once shocked the capital market, the day of listing was the peak, and the rest was a steady decline for decades.

In the past, there were many cases of such listed state-owned enterprises being acquired by individuals at extremely low prices.

Even real estate giants like Vanke were previously attacked by Baoneng because of their low stock prices, and the crisis was resolved only after Shenzhen Metro Capital entered the game.

Of course, the reason why Old Shang encouraged Chen Jue to invest in Rizhao Port.

In addition to the fact that all the current soybean spot goods are unloaded and sold in Rizhao Port, there are several other considerations.

First, by holding Rizhao Port and becoming its largest shareholder, there will be an opportunity to contact COFCO, China Grain Reserves Group, and other large domestic grain and oil groups for cooperation.

With the current influence of Red Star Trading, it would be unequal in status to rashly contact these domestic giants, and they may not even pay attention to it.

But once Rizhao Port is taken down, Old Shang can transform into a board member of a domestic listed company and can reasonably contact and cooperate with these domestic grain and oil giants through the springboard of Rizhao Port.

After all, most of the imported grain of COFCO and China Grain Reserves Group is processed at Rizhao Port.

Once this relationship is established, it will be difficult for the two parties not to contact each other!

After all, shorting US soybean futures is a big game, and Red Star Trading alone is not enough. It must bring domestic grain and oil giants into the game to maximize profits.

As for the second point, it concerns talent training. Once Chen Jue has sufficient funds to invest in the construction and development of the deep-water port in Ruixian, having the basic operation of Rizhao Port will solve the staffing problem in terms of port operation in advance.

Recruit personnel to go to Rizhao Port for internships and training, and even offer bonuses and travel expenses in the early stage of opening the port to transfer port staff from Rizhao Port to Ruixian for technical assistance and support.

As the owner of the MC system and the first-tier shipbuilding manufacturer in China, buying a large port in advance will only benefit Chen Jue and will not suffer losses.

This merchant's trick is an ultimate series of traps, one after another. Chen Jue couldn't help but give a thumbs up after listening: "This is a good idea! Let's do it according to what you said!"

The Big-Nosed Old Shang smiled flatteringly: "Okay, boss! I guarantee to complete the task!"

… …

After finalizing the plan to increase holdings in Rizhao Port with Old Shang, Chen Jue finally clarified his thinking on the next step of shorting US soybeans.

Early the next morning, he temporarily transferred the remaining 300 million yuan of principal in his futures account back to Red Star Trading's account.

Including this 300 million yuan, plus the continuous accumulation of soybean sales in the past 10 days, Red Star Trading's bank savings in China have reached more than 800 million yuan.

Such an amount of money is almost pitifully small for a large listed company, such as ICBC, Moutai, and CATL, which have market values of trillions of yuan in A-shares.

However, it is a huge amount for small stocks like Rizhao Port, which has a market value of less than 9 billion yuan and a daily transaction volume of less than 50 million yuan in September.

Of course, Chen Jue would not be stupid enough to directly use this 800 million yuan to grab shares in the secondary market, which would quickly push up the stock price and benefit the institutions and hot money sitting in it.

Instead, he used Old Shang's large capital account at Bank of China Securities in China and leveraged this 800 million yuan to a scale of 2.4 billion yuan with a pre-negotiated 3x margin.

This is the securities company based on Red Star Trading

When he got on the business car to go to the Sova Lumberyard, the A-share market at 9:15 am in China was still green as usual, and the index fell dozens of points as soon as the market opened, once reaching 2700 points.

The A-share stock investors who were watching the market in real-time on Tonghuashun software were frantically spraying on the barrage: "God TM's 3000-point defense battle! It directly fell through 2700 points! (Throwing the phone)"

"Experts said yesterday was the diamond bottom, just copy it? I think it will have to fall to the 1800-point embryonic bottom! (Dull knife cuts the meat)"

"Yesterday, I pulled up to lure more people in, and today it's completely gone (Lying down)"

"Return the money quickly! I'm not playing anymore!"

"This is A-shares? I think it's almost like a big cancer (Turn off the lights and eat noodles)"

Since the US dollar raised interest rates in 2015 and the A-share market experienced a stock market crash and entered a bear market, Chinese A-share stock investors have been repeatedly harvested every year with a steady decline.

Anyone who has invested in the stock market during these 10 years has basically been trapped on the top of the mountain for several years.

Those who like to cut losses and adjust positions are even more miserable, basically losing everything and being confused by A-shares.

Because several veteran experts who founded A-shares have all made videos saying that domestic retail stock investors are contributing to the market.

If retail investors make money, what will institutions and dealers make?

So, from the market to individual stocks, it is almost green every now and then, and a bunch of securities companies are shouting to defend the A-share market in the media all day long.

Small-cap stocks like Rizhao Port are even more green in the pre-market trading phase this morning, and directly killed more than 5 points.

Making a group of small retail investors holding stocks inside tremble with fear: "It's over, it's over, I came in at 2.60 yesterday, and it must fall to the limit today (Crying loudly)"

"There are only a few thousand lots of buying orders in the pre-market trading, and the dealer is too lazy to even act. This garbage stock is completely gone (Vomiting blood)"

"I've placed a limit-down price, hoping the dealer will let me cut my losses and leave the market (Lying flat)"

The stock review community is full of wailing, and the barrage is collectively bearish.

Because buying stocks is like this, once there is a lack of topic heat and capital inflows, such a trapped market is almost like a roller coaster, going down every day, the kind that is bottomless!

When the market officially opened at 9:30, the stock of Rizhao Port 600017, as predicted by the real-time barrage, was directly pressed to the limit down price of 2.56 yuan/share by more than 1 million lots of green selling orders (A-share market rule: 1 lot = 100 shares).

The red buying hands in the time-sharing interval basically only have a few dozen lots or hundreds of lots, and it is rare to see those exceeding a thousand, which seems to be some retail investors who are unwilling to cut their losses and are replenishing their positions to copy the bottom, planning to follow the stock price fluctuations to make a T to reduce their cost price.

Of course, like today, there are more than 100 stocks that fell to the limit as soon as the market opened in the entire A-share market. More than 4,000 fell, and only more than 50 rose, and the daily limit is even rarer.

After all, retail investors are used to A-shares. They opened the software and took a look when they went to work, and stopped paying attention when they saw it was green.

However, what these small retail investors, including the institutions sitting in it, did not expect was that not long after the market opened for ten minutes.

When everyone thought that Rizhao Port was destined to fall to the limit today, and even the immortals could not save it.

A sudden super big hand, through off-market large orders, ate up all the 1 million lots at the limit down price in one go.

The big Yang line rising from the bottom directly stunned the Rizhao Port retail investors who were planning to edit the Tucao paragraph in front of the mobile phone screen!

Even the time-sharing trading interval stopped data scrolling at this moment.

Because on the market, there are no stocks that can be traded at this moment.

"Fuck... What just happened? (Black man question mark)"

"More than 1 million lots are gone in an instant? (A face full of confusion)"

"Where did the ten thousand lot brother come from? He's so fierce! (Whose general is this?)"

"Don't sell! This garbage stock is going to rise! (Ignite and rush)"

Today's second update ~ I will calculate the total number of owed updates tonight. The work is a bit busy this month and the situation is a bit special. I will make up for the owed debts next month.