Extraordinary Genius

Chapter 1917: Power is difficult to subvert

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Feng Yu's refusal was also within the expectations of those large financial groups. ??Huo Ranwen????. They wouldn't agree to this kind of thing, but even if there was a ten thousandth chance, they would still give it a try.

They were not discouraged if their long-cherished wish was not achieved. There were many other plans, so there was no need to get angry over such a thing. If Feng Yu was just a small rich man, they would have used some unconventional means to make Feng Yu understand that they had to give face to their big consortium.

But Feng Yu's current worth and status are enough to be on par with them, and his reputation among the people is even higher than theirs.

If something happened to Feng Yu, and something happened on their territory in the United States, they couldn't imagine what would happen. What's more, some of them tended to coexist peacefully with Feng Yu. Even find ways to cooperate.

This is another thing that Feng Yu has asked Ralph to do in the United States over the years. Many of those large consortiums are joint ventures of multiple families. They are not monolithic at all, and they are also full of competition within.

Differentiation and co-optation may not be effective in a short period of time, but they will be effective in the long run. Since the suicide of executives of Fannie and Freddie Group, Feng Yu has paid special attention to safety. His investment in this aspect is no less than that of the President of the United States.

Moreover, Feng Yu's death would not bring any direct benefit to those large consortiums. They were afraid that if these assets were taken over by the Chinese government, it would be even more troublesome.

If this is the case, then they can still make a lot of money by buying more shares of these companies in the stock market. The better the performance of the company managed by Feng Yu, the more they earn.

And they can't win over Feng Yu, but they can win over other shareholders of the company. They believe that not everyone will be willing to follow Feng Yu.

During this period, they also have many good ways, such as releasing some negative news to push down the stock prices of those companies again, and then continue to buy at low prices.

Feng Yu handed over the power of these companies to the founders, which they considered to be the biggest failure. As long as they are approved by the board of directors, ordinary shares can be converted into voting shares.

[There are doubts about Guge Company’s entry into the Chinese market. Is this just a smokescreen put out by Guge Company?]

[Amazon has encountered many complaints and consumers have lost trust in online shopping]

[Yibei has been boycotted by many countries, and the market may shrink further]

[Penguin Group is called a copycat company and many investors have lost confidence in it]

All kinds of negative news suddenly flooded the Internet and spread quickly.

These news suddenly appeared in such a concentrated manner. You don't need to think about it, and you know that there must be someone behind it. Some people want the stock prices of these subsidiaries to fall, but it won't have too bad an impact on Feng Yu.

If the stock price falls, he can just buy back more. Plus those subsidiaries are also buying back shares, so a lower price is just right.

If the subsidiary repurchases shares, the shareholding ratio of the original shareholders will increase. When the year-end dividend is distributed, everyone will get more. How could the founders refuse

If the company is short of money, of course they will not make this choice, but at this time the company is not short of money at all, especially companies like Chaowei, Yingweida, etc., with good profits and very popular products, and they are eager for the company to buy back some stocks.

These companies were affected by negative news, and many investors sold their stocks. Almost as soon as it was listed, it was bought by someone else.

Everyone is grabbing the stocks of these companies, hoping that someone will sell them so they can buy them.

As a result, the stocks of these companies, which have been rising rapidly in recent days, have begun to fall slowly again. But the executives of those subsidiaries did not feel unhappy at all.

If they plan to cash out some stocks, they will be very unhappy if the company's stock price drops, which means they can make less money.

However, they did not plan to cash out the stocks, but instead planned to buy some more. The company is repurchasing, and parent companies like Fengyu Holdings are also repurchasing. The total number of shares continues to decrease, and the company stocks they hold will receive more dividends at the end of the year.

And they also believe that the company's stock price will definitely rise again. The company's profitability is good, so what is there to worry about? The floating assets on their books will definitely rise back.

At this time, people such as Bezos and Sergey were contacted by some large consortiums, inviting them to become directors of some companies.

In this way, they can get an extra salary, and even stock awards or stock options, which are all real benefits.

But when they turned around, they all immediately contacted Feng Yu and explained to Feng Yu in person that they had no intention of harming the company's interests.

Feng Yu originally invested in them and handed them all the power of the company, but he was not without some precautions. According to the original contract, if they do anything detrimental to the interests of the company, then they must bear all responsibilities and make compensation.

In other words, they agreed to the requirements of those large consortiums and converted ordinary shares into voting shares. Not only would their power be diluted, but it would also damage the interests of the major shareholder Feng Yu, so they would have to compensate.

This compensation is enough to bankrupt them. Compared with the benefits promised by those big consortiums, they certainly know how to choose.

Besides, converting those common shares into voting shares will also dilute their voting rights. Feng Yu can hand over the power of the company to them, but that may not be the case for those large consortiums.

Once they truly gain more power, they may be kicked out at any time.

Therefore, even if it is to protect their own interests, they will never cooperate with those large consortiums, and they do not need to cooperate with those large consortiums in this way.

Now even if those big consortiums sell off all their company's stocks, they can still afford it. There are many people waiting to buy their company's stocks.

What's more, people like Sergey, Zach and others, although they are not as loyal to Feng Yu as Kameda Masao and Ralph, they can't be moved by this small benefit.

When the combined shareholding ratio of Fengyu Holdings and Taihua Holdings in these subsidiaries returned to more than 50%, Feng Yu became more calm and could just slowly buy back the rest.

Those large consortiums now have two choices. One is to continue to hold the stocks of these subsidiaries and wait for normal dividends or dividends every year. The other is to wait for the stock price to rise again and cash out to make profits.

It is absolutely impossible to compete with Feng Yu for the right to speak in these subsidiaries!

At this time, an unexpected person came to Feng Yu's office.