The moment the three major exchanges opened on Monday, all stocks related to the Chant Consortium fell to varying degrees. In particular, the most important company of the Chant Consortium, Sancha Heavy Industry, fell by more than 5%. , tens of millions of funds evaporated from the stock market in less than three minutes after the market opened, which can be described as a heavy decline.
Sancha Heavy Industry is the company with the largest investment from the Chant Consortium and the Cape family. Sancha Heavy Industry produces many civilian vehicles, from cars to trucks to agricultural vehicles. They sell almost all civilian vehicle categories. Before this incident, Sancha Heavy Industry's products were selling pretty well on the market. Because the prices were relatively close to the people, many middle-class families without much budget would target these vehicles.
In the field of low-end and mid-range civilian vehicles in the Empire, they can rank among the top three.
As for why their prices are rated as high cost-effectiveness despite their relatively low prices, this is all due to the fact that they smuggled a large number of cheap engines from the federation through smuggling. This is almost a secret in the industry. Federation's mid- to low-end engines have stable performance and can ensure continuous output. In addition, there are some new patented technologies in it, which have basically maximized the value of mid-to-low-end engines. The key is it's cheap.
Instead of spending tens of millions to develop a similar engine, and then spending tens of millions to build an assembly line and factory to produce the engine, it would be better to smuggle it directly from the federation. With tens of millions of R&D and construction funds, it is enough for them to earn hundreds of millions of funds. Therefore, the Anthem Consortium has never considered taking the path of its own R&D. However, at the same time, it is limited by the fact that the technology is in the hands of others. In order to avoid malicious intentions As part of their business practices, they acquired 20% of the equity of the federal engine manufacturer, becoming the party with the largest shareholding.
The federation needs to impose high taxes on the export of high-tech products. It is artificially difficult to manufacture high-tech products to enter the empire. Like the Pentium III engine they use, the federation, which controls the empire's tariff power, directly gives a 100% tax rate. A high tariff of five hundred.
If imported directly from regular channels, Sancha Heavy Industry's products may not be recognized by people. They can only smuggle these things on the sea around the mainland, passing through the God's Eye Strait between Beidalu and the East Continent. and the west coast of the Empire, finally unloading at Everwinter Harbor.
The continuous decline of Sancha Heavy Industry after the opening of the market also triggered the decline of some other companies, because capital is never a prison, and capitalists will not let their funds be trapped in one place, they will turn their funds into a network, More people are connected. Therefore, when a node with sufficient weight and status falls uncontrollably, it will pull the entire network down together.
"We need to restrain the current falling stock price, otherwise we will lose more money and more social image!" In the conference room on the top floor of the Anthem Building, the main figures of the consortium gathered together, and the person who spoke was currently The CEO of the consortium, Mr. Eggers, is a forty-four-year-old middle-aged man who is at the peak of his energy and wisdom.
Sitting in the conference room were representatives of the interests of various families and companies in the Anthem Consortium, and even the heads.
The lawsuit between the Capet family and Dulin caused them to lose a lot of money, and after the public opinion effect in the society was formed, their reputation quickly deteriorated. Some people already regarded the Anthem Consortium as an industry of the Capet family. This understanding is obviously very ignorant. The Chant Consortium was originally established by seven nobles after signing an agreement. Its business scope covers four major fields: heavy industry, light industry, agriculture, animal husbandry, and daily necessities. Its business model adopts a group resource sharing management approach, with the Anthem Consortium as the "helm" and fully responsible for the development and overall planning of all enterprises under the consortium.
Eggers looked at these representatives and leaders and gave his own approach, "We need to drive the stock price back up, give more investors firm confidence, and let them know that everything currently is just a normal fluctuation. So. We need to quickly repurchase the stocks circulating in the stock market, which requires mobilizing part of the group's funds as support, which may affect our plans for the next two years or so. If you have a better way, you can solve our current predicament. , you can also raise it now.”
Buying back shares is one of the simplest and safest ways for almost all listed companies to deal with abnormal stock price fluctuations. To put it bluntly, stocks are a digital supply and demand market. When demand exceeds supply, stock holders' expectations for stock prices will increase, and the stock price will increase. But at the same time, this is not the best way, because these stocks will eventually flow back to the hands of the consortium, forming a false value with an expected value much higher than the actual value, which is not necessarily beneficial to the development of the company.
There is no change in expressions on the faces of these people here, but their minds are moving frequently. The affairs of the Cape family have caused everyone to suffer losses together, and they also need to lose part of their working capital to support the Cape family. Paying for the family's mistakes is definitely not something that makes everyone happy. But they also knew that this was currently the most effective and fastest way to temporarily recover losses, and they all nodded in agreement.
Eggers is very satisfied with everyone's choice, "Then we have decided that the group company will mobilize no less than five million funds for stock repurchase, and the capital contribution ratio will be based on everyone's equity ratio. If Anyone who has objections to this can raise..." He paused and then said: "In addition, we need to divert the public's attention away from us, so I have a plan."
The new news released by the Anthem Consortium immediately formed a wave of counterattack in the stock market. The continuous repurchase of stocks quickly brought the stock price of Sancha Heavy Industry back to a price slightly lower than the closing price on Friday. The decline has returned to 100%. two. At the same time, stocks that had partnerships with Sancha Heavy Industry and the Anthem Consortium also began to heat up rapidly. On Xie Lisi Street, those stock brokers began to advocate that this was a good opportunity to buy the bottom of Sancha Heavy Industry.
And they also imply that investors who may know nothing about stocks have made enough money by buying the bottom before, and if they don't keep up with the situation now, the huge returns will have nothing to do with them.
In the imperial stock market, many investors actually know nothing about stocks. They have no idea what the rise and fall of stocks represent and what affects the formation of stock prices. But they are willing to invest their money in the stock market. The wealth myths in the stock market are the best way to lure them into the water. Everyone thinks that they cannot be losers, which is why Sherry Street is a huge farm in the eyes of some people.
Because these investors and stockholders are really stupid!
At the same time, a newspaper reported a shocking scandal between three currently popular film and television stars. For a time, the impact of this incident even exceeded the influence of the Dulin assassination. The scandals of movie stars that are accepted by a wider range of ordinary people are more interesting than the behavior of politicians.
At this time, something unexpected happened again.
At this time, on the west coast, three cargo ships were traveling slowly along the coastline. The speed of these three cargo ships is not very fast, and they don't look like they are in a hurry at all. This batch of goods only needs to be delivered to the designated place at the end of this month, that is, within ten days.
It is not easy to make a living on the sea. In addition to the unpredictable ocean climate, there are also those nasty pirates. No matter which one you encounter, it is very likely to cause irreparable losses. Fortunately, the owners of these ships have a good relationship with the navy on the west coast. Every year, a sum of money is handed over to the navy under various names, making the navy a shelter for them to sell goods on the sea.
Today was no different from any other day. The captain glanced at the sailors gambling in the recreation room and returned to his room. He had been watching the changes in the sea outside for a while. Now that the first mate was watching from above, he had to take a rest.
The captain, who has spent almost all his life on the ship, has lost his energy as before. After working for another two years and saving enough money to buy a ship, he will retire completely.
Most people like them will spend a lifetime to save one or two boats and put them on the sea route in the shipping company where they work. This can provide them with a large amount of economic income every year, enough for their descendants to enjoy a generous life. living condition.
The captain's eyes had been closed for less than thirty minutes. A rapid knock on the door woke up the old man who was sleeping lightly. He opened his eyes and looked at the lampshade directly above him for a few seconds before turning over and sitting up. A pistol was drawn from under the pillow.
"What's wrong?", his voice didn't change much, and he looked out through the round window while putting on his clothes. Since he got older, few people would disturb his rest. Everyone took good care of his age. If he hadn't encountered something that the first mate couldn't solve, he would still be resting.
The first mate's voice outside the door was a little anxious, "The navy stopped our ship and asked to inspect the cargo warehouse. I explained to them for a long time, but they said this was a necessary task!"
The captain was startled, inserted his pistol into the holster in his arms, and then quickly opened the hatch. The first mate was scurrying around outside the door. He glanced at the first mate with some reproach. He should have called him up immediately for such a fatal matter. There must be some problem with the first mate's words to make the navy embarrass them.
The captain quickly walked out of the cabin and stood on the deck. Five warships had been deployed on the surrounding sea. What shocked him even more was that the artillery barrels of these five warships were all pointed here! You must know that artillery is a very expensive thing and requires careful maintenance. The sea breeze is not only moist but also carries salt. Artillery usually not only needs to be coated with a thick layer of dragon whale grease to protect the metal, but also a sealed The cover is fully closed and only opens when in use.
"Are you the leader of the fleet?"
The words of the two sailors on the deck brought the captain back to his senses...
(End of chapter)