Reborn as the richest man in India
Chapter 313: Running out of funds (please ask for monthly votes)
"These bastards are trying to steal stocks from us," Maupassant said angrily.
Jogo smiled, that was for sure.
When 5% is reached, the news must be disclosed. After the news came out, some people must have followed the trend. They were not doing it for the shares of LVMH, but purely to make a profit on the price difference.
For a time, the decline in LVMH's stock price stopped and rose slightly.
Qiao Ge's next purchase price will naturally be higher.
He had already expected this.
This acquisition cannot be smooth sailing. Because the news was not leaked before 5%, it was acquired at the lowest price recently.
You won't have such good luck again, and it's normal that the price will be higher.
As long as you can still buy stocks, that's fine.
Qiao Ge was afraid that some people would not sell, and Arnault and the others might also join in the rush-buying action, so it would be difficult for him to get more stocks.
Maupassant continued to scold him, but continued to buy goods according to Qiao Ge's wishes.
Even if someone's bid was higher, they all were bought.
The acquisition of LVMH shares can be regarded as a breath of fresh air into the stock market.
After all, in the current situation, no one dares to buy stocks, and they are basically selling stocks.
Stocks are falling every moment, which makes the hearts of these stock holders, especially stock traders, bleed.
They all hope that their stocks can be sold earlier.
But now I want to sell it, but I can’t, because no one is taking the offer.
There was an acquisition by LVMH, which made many people jealous.
They were all wondering why no one came to buy the shares of the company they held.
When Qiao Ge and the others continued to buy stocks in the market, someone came to the door.
"Here?" Recamier looked at this old five-story building and frowned.
It's really low-key and hidden. It cost hundreds of millions of francs at a time, and the company is located in such a dilapidated place.
There is definitely something wrong with this company, and it can't be as simple as buying shares.
"Yes, sir, it's on the third floor." The assistant beside him said hurriedly.
Recamier didn't say much and walked in.
He came here this time to find people from Black Monday Investment Company. The purpose was simple, to see if he could acquire the stocks in their hands, and it was also a test.
The Black Monday Investment Company established by Qiao Ge was very simple. He rented an office here, and then hired a middle-aged fat lady with a cheap salary as a front desk employee to be responsible for contact work. She was actually responsible for taking care of the office. All chores gone.
Qiao Ge is not here today, he is resting in the hotel, but Maupassant is here, always paying attention to the changes in the stock market.
Hearing the movement at the front desk, he couldn't help but be stunned for a moment.
"Mr. Maupassant, someone is looking for you." The aunt came over and said.
"Oh?" Maupassant was stunned for a moment, "Please come in."
He probably guessed in his mind that the other party should be someone from LVMH. Even if he wasn't, he would still be someone who wanted to acquire LVMH shares.
Now that his news has been announced, it is not surprising at all that they come to his door.
But when he saw the person coming, he was still surprised.
Henri Recamier, vice president of LVMH, son-in-law of the Vuitton family, is now the spokesperson of the Vuitton family.
"Mr. Maupassant?" Recamier came in, looked at Maupassant, and asked.
"It's me. I wonder why Mr. Recamier came here?" Maupassant enthusiastically invited the other party to sit down.
Recamier sat down unceremoniously, but his expression was not very good.
Don’t you know what you are doing here?
They all recognized their identities.
There is no reason for this.
"I want to buy the stocks in your hands." Recamier said straight to the point, "I can add 10% to the current stock price."
Maupassant cursed secretly in his heart, who does this old guy think he is?
Plus 10%?
What a luxury.
"Sorry, Mr. Recamier, I have no plans to take action for the time being." Maupassant replied calmly.
If the other party doesn't give you face, then you don't have to pretend to be enthusiastic anymore.
"What are you planning on? Do you want a hostile takeover?" Recamier asked, staring at Maupassant.
"No, no, no, don't get me wrong, I am optimistic about the development of LVMH and want to hold your company's shares for a long time." Maupassant said hurriedly.
Recamier snorted coldly. He would be a fool if he believed this.
Mainly because he failed to find out who the person behind this company was.
If someone is behind it, it means it's sneaky, and the company is hiding in a corner like this. If there is no other conspiracy, he won't believe it even to death.
But Recamier was really wrong about this.
What kind of conspiracy does Qiaogo have? He just wants to get more stocks and get some benefits when Arnault seizes power.
In fact, the conditions proposed are not excessive. We hope that the new management can agree to open a specialty store in its own shopping mall in India.
Since Qiao Ge was a foreigner, Maupassant was put in charge of the company.
As for the location of the company, isn't that to save money? Besides, it's a leather goods company, so just having a location is enough, it's not that particular.
As for the reason why people like Recamier suspected the intentions of the people behind Maupassant, the main reason was that they had investigated Maupassant, and with Maupassant's net worth, they simply could not afford so much money.
So there must be someone behind the scenes asking him to come forward to make the acquisition. This seems obviously sneaky.
"Acquisition at a 30% premium." Recamier said solemnly.
Maupassant smiled and shook his head.
But he secretly despised it in his heart. What the hell, does the Vuitton family have so much courage?
If you want to fight for power with Chevalier, just be more cheerful and buy stocks at a large price.
I always want to find someone to join forces, but they are not willing to bleed a lot, how is that possible?
It's so funny that people here want to take advantage of themselves.
"50%, that's the highest price. Don't be too greedy." Recamier increased the price again.
Maupassant was even more contemptuous. Did he say that he wanted to sell stocks?
This is all your own wishful thinking, which is inexplicable.
"As I said, I plan to hold it for a long time. By the way, Mr. Recamier, if possible, I hope to get a director position in the company. My shares should almost qualify me for this, right?" Maupassant asked with a smile. road.
Hearing this, Recamier frowned and said, "Don't think that you can get what you want with these shares. As long as I object, you won't get what you want. So, you'd better buy the shares from me." , can win my friendship.”
Maupassant was stunned for a moment. Does this old guy feel too good about himself?
This is coercion and inducement.
If it were my old self, I would probably kneel down and lick this old guy.
Things are different now. My young boss obviously has more development prospects.
If you follow him, you will have a bright future.
"I heard that you and Mr. Chevalier are fighting for control of the company, so aren't you afraid that I will support Mr. Chevalier? 5%, that's a lot." Maupassant said.
These words made Recamier even more angry. To be honest, when he came here, he subconsciously regarded Maupassant as his opponent.
So I'm not so polite when it comes to speaking.
Especially after Maupassant insisted on not selling, he understood that the other party was coming with bad intentions.
They are definitely not from his side. Whether it is a malicious third party or Chevalier's side, they are definitely enemies to him.
Being biased against people in the first place will obviously cloud your judgment.
Negotiations between the two parties broke down, and Recamier left gloomily.
Maupassant immediately reported the incident to Qiaogo.
Qiao Ge didn't say much, just let him continue to acquire stocks, and just deal with the rest casually.
His goal is Arnault. Whether it is Recamier or Chevalier, they are losers. There is nothing to care about losers.
Maupassant also told Qiaogo that there were obviously many forces competing for shares in the market.
Needless to say, there must be Recamier's influence among them.
Qiao Ge is not worried about this.
Although the Vuitton family has a lot of money, what Recamier can use is actually limited.
Even though he is now the talker of the Vuitton family, he is still the son-in-law and an outsider.
If you want to use large amounts of funds, you need to convince the Vuitton family members.
This is too difficult, those guys have their own ideas.
In the eyes of most people in the family, the family now has a lot of shares in LVMH. Look, doesn't it mean that it has the position of vice president now?
Is it necessary to increase shares?
If you really want to increase it, you have to at least double it, so that you can surpass Chevalier. Otherwise, adding more will have no effect at all.
With this money, you can invest in other industries and so on.
These are all inferred by Qiao Ge from the news collected recently by Maupassant.
Moreover, even wealthy families generally don’t have much cash on hand, and most of it is invested.
Therefore, if funds are withdrawn all at once to participate in the acquisition of stocks, the amount of funds will definitely not be large.
My side is completely empty now.
The only downside is that as they join, the stock price continues to rise.
Ten days later, Giorgo's 1.4 billion francs were exhausted and he purchased a total of 9.8% of LVMH's shares.
Qiao Ge is a little regretful. If the stock price at the beginning of the acquisition was used, he could acquire more than 10%.
However, the stock price rose later, and today's market value of LVMH has increased from 13 billion francs to about 15 billion.
Calculated in this way, the market value of the stocks in Qiaogo's hands is about 1.47 billion francs. In other words, although the number of stocks is not as good as he initially expected, the market value is actually higher.
In just ten days, the price increased by 70 million francs.
However, it is probably unlikely that it will continue to rise recently.
If your own funds are exhausted, it is impossible to continue to make acquisitions. Without yourself as a major acquirer, the stock price may fall again.
However, the decline will probably not be too large, and it will basically fluctuate around this price.
Qiao Ge doesn't care about this market value. What he cares about is that he has won 9.8% of the shares. This share is probably at the forefront of LVMH.
Arnault has not yet exerted his strength, and now he still controls 24% of Chevalier.
With these stocks in hand, Qiao Ge didn't panic anymore.
When Arnault started to snipe Recamier, the stocks in his hands became very valuable.
The office of the investment company once again welcomed visitors on Black Monday.
After Maupassant saw the person coming, before he could say anything, the other person exclaimed: "Mr. Maupassant, it is indeed you."
"Mr. Thomas, I didn't expect it to be you. Please sit down, please." Maupassant naturally recognized the other person.
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