Reborn in 2011, 985 missing from two copies
Chapter 236: Short-selling controversy, bad cards play the best! (page 13)
How much can you make from short selling this time?
Wang Yi couldn't say for sure.
After all, the HM family has a great cause and will not admit defeat so easily.
I guess I am still preparing funds, thinking of a desperate counterattack to bring back the stock price!
Of course, Wang Yi also has his own back-up plan.
Thinking of this, he sent a message to Song Guangyao: [It’s time to take action! 】
Give HM another surprise and let HM's stock price plummet a little more.
Regardless of whether other giants take action, Wang Yi is ready to buy back HM's shares in batches.
Thirty million shares cannot be collected at once, otherwise it will easily drive up HM's stock price.
It is better to set a price and collect it slowly in batches.
Anyway, the agreed time limit for short selling is one and a half months, and there are still more than twenty days left, so Wang Yi is not in a hurry.
Just take your time.
As for whether other short sellers will also take action, it's hard to say.
Based on Wang Yi's understanding, short selling giants such as Muddy Waters will not miss such a good opportunity!
It's easy for the stock market to rise, but it's even easier for it to fall.
In the previous life, Jitu Express, its stock price plummeted by 25% due to an incident involving a certain football star!
It would be okay if HM plagiarized on a small scale.
Such large-scale plagiarism was repeatedly criticized by Meiyou, and it became a hot search topic around the world. It caused an uproar and naturally fell even worse.
What's more, there are also rival Zara parent company Inditex Group, various bombs, and short-selling institutions.
In addition to Wang Yi, there are countless institutions and companies that secretly short HM.
It can only be said that HM's situation will only get worse and worse.
Thinking of this, Wang Yi called Jian Ziyan:
"Ziyan, find a group of US stock traders and arrange them to a closed hotel!"
"Okay, Chairman!"
The repurchase of 30 million shares, carried out in batches, is a big project.
Wang Yi couldn't do it alone, he must find a professional trader.
It's time to close the net.
The next day, in the evening, all traders were in place.
When Wang Yi and Wu Shuang arrived at the hotel, Jian Ziyan was already waiting at the door:
"Chairman, everything is ready. All communication equipment has been confiscated."
"Okay!" Wang Yi walked into the house.
For the next week, these traders stayed in hotels, and their signals were blocked.
Computers with Internet access are also under strict control.
There is no other way. The repurchase of 30 million shares is a big deal and must be kept secret.
If the news is leaked, HM's stock price will rise a bit, and Wang Yi will have to spend a lot of money, so he has to be cautious.
Looking at the traders, Wang Yi said calmly:
"The funds and accounts have been prepared for you. Wait for my instructions later, and then take action. For the next seven days, everyone will sleep during the day and keep an eye on the market at night. After finishing this work, in addition to the previously agreed remuneration, everyone will also have extra A big red envelope!”
"Thank you, Mr. Wang!" Everyone responded.
This kind of beautiful job, as long as it is done well, it is easy to earn a month's salary in seven days.
In the east, night falls.
In the west, the sun rises in the east.
Gafford woke up from his secretary's bed, crossed himself devoutly, and prayed:
"God, please protect HM's stock price from falling again, never! Amen!"
At the beginning of September, HM’s market value was as high as 3400 billion.
As the Xiaguo market was seriously affected by the U.S. pomelo pure desire trend, HM's revenue fell and its stock price continued to fall.
By early October, the market value had dropped to about 300 billion.
But now, there are only 1300 billion left!
In just one month, it dropped from 1300 billion to billion. No one can bear such a terrifying drop!
Of course, HM has also mobilized funds many times to strongly save the stock price and bring back the market value.
However, the arch-rival Inditex Group, the parent company of Zara, keeps taking action and suppressing it crazily.
HM bought back shares, and Inditex Group went crazy.
As much as HM pulls it back, Inditex Group will lower it.
After several tug-of-wars, H&M invested tens of billions of dollars into it, but it turned out to be useless. Coupled with the constant exposure of negative news, H&M's stock price became lower and lower.
On the contrary, the Inditex Group made some profits through several operations.
As the world's first and second largest clothing giants, Inditex Group and HM Group are related to Samsung and Apple.
Whenever there is a chance, Samsung will burn money and want to give Apple away!
Similarly, Inditex Group would rather burn tens of billions than destroy HM.
By then, Inditex Group will be the dominant player in the global apparel field.
Inditex Group can capture more than 70% of the market share that HM has given up.
As for Meiyou, although its development momentum is fierce, just like Huawei in 2011, it may have a bright future.
But the current scale is too small, and even Apple and Samsung don’t care about it.
Similarly, Inditex Group does not regard the United States as its fatal enemy.
The size difference is too big.
After all, Inditex Group is the same as HM before, with daily revenue of 5 million+ and annual revenue of 1600-1800 billion!
Meiyou Clothing has just started, with daily revenue of 300 to 400 million yuan at its peak. After this period, Meiyou Clothing’s daily revenue is only 100 million yuan...
Nothing to worry about.
Even if Meiyou's daily revenue returns to a high level, it is still the total revenue of clothing + beauty + games.
There is not much revenue from clothing alone, and the bulk of it is the bare-leg artifact.
The biggest task of Inditex Group is to kill the giant HM first, and then swallow up HM’s market and share.
HM's stock price has fallen to this point, and as chairman, Garford cannot absolve himself of the blame.
Originally, he was worried that he would be dismissed and kicked out by the board of directors.
Only now did he realize that he was overthinking and would never be dismissed.
The reason is simple. Faced with the attacks from Inditex Group and Meiyou, HM is in such a miserable situation that no one is willing to take the lead and become the new chairman.
After all, once Garford is replaced, it will bear the responsibility for the continued decline of HM's stock price, and even the risk of bankruptcy.
At that time, not only will the new chairman's reputation be discredited, but he will also be kicked out like Garford.
Not only will you go bankrupt, your reputation will be ruined, and your career will come to an end.
Carrying the name of bankrupting HM will be over for the rest of your life. Don't even think about becoming a director of another company.
To put it bluntly, everyone wants to take the lead in the downwind situation.
But no one is willing to take the blame for Gafford in such a headwind situation.
Garford can't sit in this seat even if he wants to!
"Uh……"
The secretary suddenly retched and rushed into the bathroom.
Garford smiled: "God has treated me well. He has seen me suffer setbacks in the business, but has allowed me to live happily ever after. It's great."
"Thank God, Amen!"
Garford prayed devoutly, then got up and walked to the bathroom.
Hearing the footsteps approaching, the secretary quickly put his hand to his throat and forced to spit out something.
The drama needs to be done!
Sure enough, Garford was completely convinced when he saw his secretary vomiting, and the smile on his face became even wider.
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