"The board of directors convened in advance, and everyone is a little confused. What I want to talk about this time is not this year's operating conditions, nor is it about formulating shareholder dividends or giving bonuses to employees at the end of the year, but about the rise of our Lituo Group's stock."
All the directors were confused when they heard Skinner's words. Of course they all know that the group's stock has risen, but is there any problem with this? This is a good thing.
After Skinner said these words, he observed each director. To his disappointment, everyone seemed to have normal expressions and nothing strange. Are these people able to remain calm, or do they not reveal the company's secrets at all
If it's the former, then luckily, we can always find a way to find out. If it's the latter, that's interesting.
"The stocks of the three listed companies of the group are all rising, and the amplitude is not low. Don't you think this situation is familiar?"
One director speculated: "Chairman, are you saying that BHP Billiton wants to forcefully acquire our company again? This is impossible. We don't have that many shares in circulation now. Didn't the company repurchase a lot last time?" , even if they acquire them all, it won’t help.”
Skinner looked at the director: "What if BHP Billiton does the same thing as last time and sells all our stocks again?"
If shareholders who hold a large number of shares suddenly sell the company's shares in a large amount, the stock may plummet. At this time, if you combine it with leverage or something, you can make a profit.
But even if they are suspected of market manipulation, aren't they afraid of being investigated? Although it is said that as long as you operate properly and do not think about making profits, you can cover up these situations, but it is not impossible to find them.
"Chairman, BHP Billiton shouldn't dare to do this, right? If they really do this, the worst we can do is take the opportunity to cash out some now, and then buy it back when they sell it. BHP Billiton will still suffer the loss."
Skinner looked at the speaking director and shook his head: "If we sell, we will fall into their trap. The stocks currently circulating in the market will have little impact on the company. If we continue to sell, then the stocks circulating in the market will The quantity will exceed 50% again!”
"Chairman, we can also raise the stock price to get them to spend more money. Although BHP Billiton's turnover and profits are higher than ours this year, they don't have much cash, right? If they start a takeover war with us, they will also It’s just that you can’t bear it.” Director Nahe said with some disapproval.
"Have you forgotten that we need to invest in the aluminum industry? If we start a takeover war with them, we will inevitably mobilize a large amount of working capital. Will our investment in the aluminum industry be enough by then?"
"We acquired the aluminum company in Canada to strengthen our position in the aluminum industry. If we don't have the money to invest, it will become a burden."
"And we are discussing cooperation with Huaxia Aluminum. Huaxia Aluminum plans to invest approximately US$20 billion to purchase some of our convertible bonds. If our stock price suddenly fluctuates significantly, either we will suffer losses or Huaxia Aluminum will suffer losses. This Can the cooperation still be successful?”
"Director Zhao of Huaxia Aluminum did not come over due to time constraints. He also has a vote on the board of directors and plays a vital role in our entry into the Chinese market. If Huaxia Aluminum separates from us, we will acquire Alcan's Things have completely lost their meaning!”
Everyone felt a little headache after hearing Skinner's words. Who is this? Why are you buying a large amount of our Lituo Group's shares for nothing
After much deliberation, they felt that although Bihe Bituo was suspicious, the suspicion was not serious.
Even if it is said that BHP Billiton wants to acquire their Li Tuo Group, everyone in the industry knows that, but the last forced acquisition failed, they have obviously ceased operations, and they have also sold off their Li Tuo Group's shares to withdraw funds.
Could it be that they chose this method to obstruct it because they knew that Lituo Group wanted to have deeper cooperation with Huaxia Aluminum
But this method of obstruction is a bit retarded. It is obviously hurting the enemy by one thousand and damaging oneself by eight hundred.
Or is it other competitors in the industry, such as American Aluminum or Vale
I don’t know who lit the first cigar first. After a while, everyone in the conference room was smoking cigars. The smoke of the cigars was thick. In less than five minutes, the conference room was filled with smoke.
The chairman's assistant knocked on the door and came in: "Chairman, Director Zhao from China has asked us to hold a video conference, and he wants to participate."
It was a reasonable request, and Skinner couldn't refuse. He took the lead to put out the cigar, and then asked someone to ventilate the conference room. It happened that he also wanted to talk to Director Zhao. Is there something wrong with China this time
Director Zhao's video was connected. He inquired about the progress of the board of directors, and then began to question why the shares of Lituo Group suddenly rose across the board. Was it the company's increase in holdings? Why didn't he know about this
If the stock price rises, then with the same money, the number of shares that can be obtained will be smaller, and the equity will naturally be lower.
Huaxia Aluminum intends to increase its holdings of Lituo Group's shares and increase its control. After all, China's demand for aluminum, iron, copper and other minerals is increasing. If it weren't for financial difficulties, they would have thought of acquiring all of Lituo Company directly.
Mr. Zhao felt that this was a conspiracy by the Lituo board of directors to raise the stock price in order to get Huaxia Aluminum to pay more money or get fewer shares. As a director, he did not know about this, so he could demand compensation according to the contract. .
Skinner explained to Director Zhao for a long time that the company's money has not been moved, and this year will end soon. The money on the company's account is intended to be distributed to shareholders as dividends, and these can be checked.
Moreover, for such a large-scale acquisition, these directors personally do not have so much money, so it is definitely not done by them. They are also looking for who did it.
At this time, a director hesitated and said: "Chairman, fellow directors, Polar Bear Mining Group contacted us a few days ago and expressed its intention to acquire our company. Do you remember this?"
Everyone suddenly realized that, yes, Polar Bear Mining Group is also one of the top companies in the mining industry. It was jointly established by the world's richest man Feng Yu and the world's second richest man Kirilenko.
Everyone said that during the financial crisis this year, not only did they not suffer losses, but their fund companies made a huge profit. They want to expand the scale of the mining industry, which is normal.
But last time they said they would wait until next year to talk again. Could it be that the two of them couldn't wait any longer and started buying their company's stocks in advance
But if it was really them, they could continue to talk. Skinner didn't refuse him flatly last time. Why did he want to buy their stocks crazily in the stock market
Could it not be them? Who else could it be
…