Tim Cook was left in the cold by Li Mu and Lin Qingya all day long. Until the closing of the market, he and Apple's shareholders were worried, fearing that the abnormal fluctuations in the stock price would cause Makino Technology to give up the acquisition of Apple, or adjust its investment. Acquisition offer from Apple shareholders.
The sharply rising stock price means an increase in privatization costs. Although Makino Technology can directly force Apple to delist after receiving the collective signature of Apple shareholders, the delisting price cannot be lower than the real-time stock price. This is the most basic premise. Secondly, , the delisting offer does not need to get the nod from all circulating stock investors, but it must get the nod from Nasdaq, otherwise forced privatization will be impossible.
Therefore, Nasdaq is the dictatorial father of all Nasdaq shareholders. He only needs to nod his approval for privatization. It doesn't matter what the children at home think.
Based on this, if the institution obtains chips and raises the stock price, it can be fully taken over by Makino Technology;
Moreover, everyone knows that Li Mu does not want to leave a bad impression on Nasdaq investors, so he will definitely follow Nasdaq's delisting practice and give the stock price a premium of more than 20%, which is very important to institutions. , another huge benefit.
If Li Mu says Goodbye to Apple when he is angry, then all Apple shareholders will have to take the dog off their backs, and the options in Tim Cook’s hands will basically be wasted. All these years at Apple will be in vain. As for joining Makino Technology, it is estimated that There is no possibility anymore.
If Li Mu continues to acquire Apple after the stock price increases, the cost of privatization will inevitably increase a lot. With Li Mu's temper, he will not pay so many costs in vain. The most likely possibility is to let Apple shareholders pay the bill themselves.
A comprehensive acquisition is equivalent to dividing one hundred dollars by three and seven, with shareholders receiving three and shareholders receiving seven. If for some reason, shareholders want to receive four, and the people who control the market are unwilling to spend extra, then shareholders can only receive six. .
If it's the second outcome, then Apple can barely accept it. If it's the first outcome, everyone's basically getting nothing.
However, Tim Cook never dreamed that Li Mu would use some means to guide public opinion and make securities investment institutions the target of public criticism. Then he used an extremely crude statement to directly cut the institution in two. This operation was criticized by Apple. It is regarded as a model of violent aesthetics in the financial world.
Li Mu showed the NASDAQ speculators the absolute majesty of Eastern paternalism. First of all, if your father spanks you, you can spank you even if there is no reason; secondly, no one can control your father's spanking. The police won't care; finally, you have to stand still when dad spanks you. If you dare to run, hide, or disobey, the belt around dad's waist will come into close contact with your butt.
Tim Cook sat in Apple's conference room, facing a group of Apple executives, and sighed from the bottom of his heart: "Guys, to be honest, I really don't know that things can still be like this today." At the end of the day, to be honest, I was really stunned."
A shareholder who understands Chinese said: "There is an idiom in China called "Five body cast down to the ground," which is the most suitable way to describe my current mood.
Another shareholder sighed: "Li Mu's gameplay is so simple, and we can imagine it, but we never think that this kind of thing is feasible. If we directly announce the acquisition bottom price, we will be worried about being accused of manipulating the stock price; robbing institutions With the profits in hand, we will worry about being boycotted by institutions in the market in the future; if we privatize based on real-time stock prices, we will first worry that Nasdaq will not agree, and secondly, we will worry that retail investors will scold us as bandits and robbers, but Li Mu didn't worry about anything, he just did it naturally and directly, and he did it cleanly and smoothly. This is the huge difference brought about by different courage... "
Tim Cook said: "Johnson, don't be misled by Li Mu. He is not a reckless man who only pays attention to courage. His real ability is to deal with all possible threats before he raises the knife and drops it." And influence, you can see that he cut off the profits of the institution with one knife, but behind this is Li Mu's real-time grasp of the entire Nasdaq trend, and the pure application of its laws. Why did he wait until the market close to issue this statement? I guess he has been monitoring the trend of Apple’s circulating stocks and knows that most of the chips have gone into the pockets of institutions, so he acted decisively at this time;”
"Furthermore, Li Mu has done a thorough job of guiding public opinion. He first exposed the fund-raising behavior of institutions to the sun, and then guided public opinion to conduct large-scale verbal and written criticism of these institutions. At the same time, he provoked the anger and hatred of all ordinary investors against the institutions. Laying a strong mass base for themselves is the strategy that the Chinese are best at. Just like the peasant uprisings in ancient Chinese history, the first thing the initiators had to do was to get the masses to stand with them and make them hate their enemies. , Li Mu has also done this. His propaganda methods are too powerful and too clever. There is no evidence that Li Mu is manipulating public opinion. However, although the masses are still in the dark, everyone here should know very well that all this It must be Li Mu secretly pushing it;"
"In addition, Li Mu also has a finger on the pulse of Nasdaq. In theory, the stock prices of listed companies are a reflection of actual value. The 1:1 price is only suitable for normal trading. Nasdaq will not approve any The company was forcibly privatized at a cost price of 1:1, but this time, Li Mu publicly announced that he would not give any premium, which seems to be a blatant violation of Nasdaq rules, but I believe Nasdaq will not object, because Li Mu already has enough proactive stance, mass base and moral foundation. If Nasdaq does not approve it, Apple's stock price will fall below its net assets, and the public will respond with great disgust to Nasdaq, and Nasdaq They will also become an accomplice of those evil institutions in the eyes of the public."
Speaking of this, Tim Cook said with regret: "It won't be long before Nasdaq and even the entire United States will become Li Mu's home court. People will support him more than any other American entrepreneur." , this is really terrible!”
A shareholder and executive interjected: "Tim, as long as we are successfully acquired by Makino Technology, this matter is not scary at all. In the future, you will become an executive of Makino Technology. If you work harder, you can even become a Makino Technology executive." Vice President, but the premise is that you must quickly find out what Li Mu’s attitude is towards us now. If the stock price drops below $3.5, will he change the offer to us?”
This statement resonates with many people.
Li Mu has demonstrated his toughness and strength through a statement. Li Mu has now cut off the income of shareholders of tradable shares. Will he cut the income of Apple shareholders? Apple shareholders have accepted a purchase price of US$4.15 multiplied by 90%. Will Li Mu suddenly announce tomorrow that he will acquire their shares at US$3.50 multiplied by 90%? If that were the case, everyone would really be in a state of misfortune.
Tim Cook said: "Both Li Mu and Lin Qingya have refused to communicate with me for the time being. I guess they are very dissatisfied with the leak. After all, the most likely source of the leak is within us."
The shareholders said one after another: "We must communicate with Li Mu quickly to confirm! Otherwise, everyone's nerves will be tense and they will not dare to relax for a moment."
Tim Cook nodded slightly, hesitated for a moment, and said, "Then let me call Li Mu again."
…
Makino Technology is celebrating its victory in advance. No matter from the perspective of public opinion, law, strength, or market, Makino Technology has definitely won this time.
Lin Qingya's assistant received a call from Tim Cook and hurried to the conference room and said to Lin Qingya: "Mr. Lin, Tim Cook from Apple called again and said he wanted to talk to you. .”
Lin Qingya glanced at Li Mu beside her and said to her: "Tell him that I don't have time and ask him to contact me tomorrow."
The assistant nodded, turned and left. A few minutes later, Tim Cook called Li Ziwei.
Li Ziwei came to Li Mu and whispered: "Mr. Li, Tim Cook called and asked to speak to you."
"The call came to you so quickly..." Li Mu smiled slightly and said to Lin Qingya: "Apple must be very anxious now."
Lin Qingya said: "They must be worried now, worried that we will take the opportunity to cut off a piece of their interests."
"That's right." Li Mu nodded and smiled, and said, "If I don't give them a reply today, they may not be able to sleep at night."
Lin Qingya asked: "Mr. Li, what do you think?"
Li Mu thought for a while and said, "Since we are planning to acquire them, he will be his son from now on. He should be more tolerant of his son."
Li Mu said, raised his head and said to Li Ziwei: "Ziwei, call Tim Cook and ask him to bring all Apple shareholders to Makino Technology tonight to sign a contract and tell them that my offer has changed. However, the quotation has not changed, and payment is still based on 90% of 4.15, but the actual payment must add a condition: I will pay Apple after they are successfully privatized, and before payment, I have the right to terminate the cooperation at any time.”
After finishing speaking, Li Mu explained: "Tell them more details. My request is: let them come over today to sign and transfer the equity to me. I will postpone the payment first and use the shares they transferred to me to initiate a vote." , after passing the privatization resolution, apply to Nasdaq for privatization. If Nasdaq approves the privatization application, Makino Technology will simultaneously pay the funds required for privatization, as well as the equity transfer income due to Apple shareholders, smoothly Complete the privatization; if Nasdaq does not pass the privatization application, I can give up the acquisition of Apple at any time, and the time limit is two months. If I do not get Nasdaq two months after signing, or do not pay, all The shares are automatically returned to Apple shareholders!”
(End of chapter)