Reborn as the richest man in India
Chapter 310 Acquisition at the first disagreement (please vote for me)
After watching the group of people leave, Qiao Ge's originally smiling face quickly darkened.
Arrogant Frenchman.
Who are you looking down on?
Well, it's normal for the other person to look down on you.
In the eyes of the rich in these Western developed countries, India is indeed backward.
In their current company expansion plans, the Indian market will never be taken into consideration.
Luxury goods companies like LVMH mainly sell high-end champagne, brandy, leather goods, etc. Their main markets are developed countries in Europe and the United States. After all, these places only have the spending power now.
India?
Which corner is there?
"Mr. Maupassant, I'm really sorry about this, I can't handle it." The department manager said a little embarrassed.
Maupassant knew that this matter was a failure, but he didn't expect that the other party's senior management would be so difficult to speak to. Moreover, it was the chairman who spoke, so he had no chance.
Of course Jogo understood this.
So Qiaogo and his party returned to the hotel.
"Boss, I'll look for other companies." Maupassant said.
Qiao Ge said nothing.
He knew that Maupassant had tried his best. It took him so long to hook up with a department manager of LVMH. It can be seen that other companies almost directly rejected him and did not even give him a chance to meet.
Now that LVMH is out of business here, what company can we find at this time?
This is not a problem of Maupassant, but a problem of being Indian.
Unlike in previous lives, everyone thinks that India is a country with a large population and a rapidly developing economy. It is a big market full of opportunities.
Invest even at the risk of being ripped off.
And now is obviously not a good country to invest in.
"Didn't you try other companies?" Qiao Ge sighed.
Maupassant was embarrassed. In fact, he really had no confidence now.
"Is the president of LVMH so old?" Qiao Ge suddenly asked.
The CEO just now seemed to be nearly sixty years old.
In my impression, Bernard Arnault, the boss of LVMH, looked so old in his past life.
It's only 1987, so the other party should be less than forty years old, right?
Maupassant was stunned for a moment and said a little puzzled: "The boss knows Mr. Chevalier?"
"Huh? What did you say his name was?" Qiao Ge was surprised.
"Alain Chevalier? He was originally from Mot Hennessy Company." Maupassant replied.
Qiao Ge was silent for a moment.
He found that his thinking was a bit inert, and he was not in his previous life yet.
The current boss of LVMH is not yet the future rich man Bernard Arnault.
Qiaogo knew something about Arnault's fortune.
After all, he is a big shot, and there are various introductions to him in his past life online.
However, this introduction is not too complete, and Qiaogo's memory is not that powerful. It is impossible to remember everything, especially the specific timeline.
He only knew that Arnault took advantage of the infighting among LVMH's top executives to gain control of LVMH.
After becoming the boss of the company, he quickly fired the top executives of Louis Vuitton and Mot Hennessy, reorganized the company, and then the company grew rapidly.
As for the time, it seems to be within the past few years.
At the moment, it is clear that Arnault has not succeeded in seizing power.
However, Qiaogo knew that Arnault had already begun to make plans quietly.
Now that he knows this, Qiaogo wonders if he can participate.
Of course, it doesn't mean that he wants to control LVMH. He doesn't have so much money, and it's not that easy to control a company. Even if he acquires all the stocks circulating in the stock market, he won't be able to control it.
After all, most of the shares are still in the hands of a few major shareholders. Needless to say, it is difficult to obtain stocks from these major shareholders.
Arnault did it, and I have to say, he is really a great person.
But then again, isn’t it true that a talented person can become the richest man in the world in the future and be ranked among the top in wealth in the long term?
The current market value of LVMH is more than 20 billion francs, and 1 US dollar can be exchanged for 6 francs. The market value is almost more than 3 billion US dollars.
Qiao Ge now only has more than 200 million US dollars in hand, and there is no way to control it.
Even if there are enough funds, Qiao Ge basically has no chance if he wants to hold a controlling stake.
LVMH is a luxury goods company, and the LV family has always been proud of the French. It is very disgusted with acquirers of foreign companies, so this kind of thing is unlikely to happen.
Fortunately, Qiaogo didn't think about holding a controlling stake. He just wanted to take advantage of Arnault's secret power grab to acquire more LVMH shares.
Perhaps if your own stocks reach a certain level, you can play a certain role in these power grabs.
Qiao Ge figured out that it was very difficult to get these luxury goods companies to invest in India. It was obviously impossible to get them to go to India just through some negotiation or profit concessions.
Then you have to use some special means. For example, you are a shareholder of this company, and the share of shares cannot be too small, so that you can have some say in the management.
Going back again, wouldn't it be a trivial matter for the company to invest in its own shopping malls in India?
If it were another company, and the president had a complete disdain for India, then even if he had a large stake, it would probably be useless.
But LVMH is different. The boss will change soon. If you have a lot of shares in your hands, you can definitely talk to the new boss.
LVMH is currently experiencing various infighting, and there are third parties eyeing it and trying to seize power secretly. Such a big scene is a good opportunity for me to fish in troubled waters.
Otherwise, acquiring a large number of stocks will definitely arouse the vigilance of the other party, and it will be very difficult to succeed, because the other party will take various measures such as raising the stock price.
If you really disagree, you will buy stocks and become a shareholder.
The more he thought about it, the more excited he became. Qiao Ge felt that this decision was perfect.
Thinking about the influence of LVMH in the luxury goods industry in the previous life, no matter how you invest now, you will not lose money.
Investing in his stocks will not only increase in value in the future, but most importantly, it will help you now. This is very important.
Otherwise, there are still many well-known big companies in the world. As long as you buy stocks now, in your previous life, your returns will be very high.
But Qiao Ge couldn't do that now. He had limited dollars and had to spend money wisely.
Stock appreciation is too long-term. Even if you invest in stocks, you must ensure that you will earn income now, which is good for the development of your company.
"What do you think about me acquiring some LVMH shares?" Qiao Ge asked.
Maupassant was surprised: "Boss, do you want to use your identity as a shareholder to convince them? However, I am afraid that small shareholders are not very good. The shareholding cannot be too small, and the capital investment will be huge."
Qiao Ge thought that he had about 230 million U.S. dollars. According to the current market value of LVMH, if everything goes well, he could probably get 67% of the shares. This is already a lot, and he is definitely not a small shareholder.
Especially during the internal strife at LVMH, my shareholding size should be enough for those guys to take it seriously.
"I am going to invest all the funds in Panda Foreign Trade Company's account, which is about 230 million U.S. dollars." Qiao Ge said.
"Ah?" Maupassant couldn't help but exclaimed, "Boss, aren't you planning to invest in Indonesia recently? And you don't have any funds left in hand. If the Malay side needs investment, wouldn't it mean that they have no funds?"
"The investment in Indonesia has just started. I gave them 10 million US dollars, which can be used for a period of time. As for the Malay side, as the previously acquired assets continue to increase in value, the mortgage can lend more funds, so the Malay side Don’t worry too much about funds,” Qiaogo said.
Now his actions in Malaysia are not that big, and there are no large-scale acquisitions. The next step is to slowly acquire land to plant oil palms. The income from asset appreciation can fully support this expansion.
As for Indonesia, you can still secretly transfer some US dollars from the country.
Although Manmohan had warned him, it was because his previous actions were too big and the amount he transferred was too large.
For Indonesia, tens of millions of dollars is considered a large investment, so if it is worth tens of millions of dollars, Qiao Ge believes that there will be no problem.
Besides, exporting one's own wigs is truly one's own industry, and the profit is not low. It can bring in hundreds of thousands of dollars every month. Of course, these are left in the Panda Foreign Trade Company's account.
In short, if you don't transfer over 100 million US dollars at once, the problem will definitely not be big.
After Maupassant heard this, he thought that this was indeed no problem.
"Boss, when will we start acquiring stocks?" Maupassant asked, "Boss, you have a lot of funds. If you buy a large amount of LVMH shares, I'm afraid it will cause a big reaction. Therefore, it is best to extend the time a little longer. Some, this way the impact will be smaller, and the stock will not be pushed up, and our cost will be smaller."
Qiao Ge thought for a while and finally disagreed with Maupassant's plan.
Under normal circumstances, it is definitely right to acquire slowly and slow down the pace.
But now he knows that Arnault is also secretly absorbing LVMH stocks, so he must absorb more stocks as soon as possible, otherwise he will not be able to buy them if he wants to, and the price will be higher.
Maupassant was a little puzzled by Qiao Ge's decision. In his opinion, this kind of short-term sweeping of goods was unwise, and the price paid was much higher.
"Boss, are the shopping malls in India being attacked by other competitors?" Maupassant felt that something happened in India that made his boss make such a decision.
After all, the boss used to be very wise. How could this kind of behavior happen under normal circumstances?
Maupassant was also more concerned about India, after all, his boss was Indian.
So he knew that since his boss's project in New Delhi was successful, countless people had immediately followed.
In particular, Reliance Group is involved. Of course he knows that Reliance Group is a real behemoth in India.
No wonder his boss is a little impatient, it seems understandable.
"More or less, I have to be the first to introduce foreign luxury brands. It doesn't matter if the price is higher." Qiao Ge said with a smile.
Of course he cannot talk about the future of LVMH, but domestic matters are a good way to talk.
"Well, it would be nice if the stock fell a little, then we could buy more." Maupassant sighed.
Now that the boss has decided to acquire the company, the lower the stock price, the better.
"Falling? As of now, nothing bad has been reported about LVMH. Even if there is some, it will have no impact on their stock price." Qiao Ge said with a smile.
"Yes, after the merger of the two companies, most of the news was good. After the merger, the stock price has risen a lot. But I have seen some reports on the stock market. Some people say that the current stock market is a bit too hot. Maybe There will be a crisis," Maupassant said.
"Crisis?" Qiao Ge was stunned for a moment, and some vague memories suddenly flashed through his mind.
"Yes, maybe the stock market will crash, just like the big crash on Black Tuesday in 1929." Maupassant smiled, "However, I think this is all the alarmism of some people, how could it be so serious. Even if the stock price drops a little, it will not happen. It may be that exaggerated. This kind of global stock market crash may not happen once in decades.”
"Black Tuesday? Stock market crash?" Qiao Ge was suddenly shocked.
These few words of Maupassant reminded Qiao Ge and evoked some of his memories. In 1987, there was indeed a stock market crash that swept the world. It also spread from the United States and was called 'Black Monday'.
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