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Chapter 291 Acquire 1 shares in one week!
Sure enough, after Shipley announced a 50% price reduction, the company's business volume increased significantly the next day.
Although everyone knows that this is just a losing business.
But there is nothing that can be done about it.
It’s not a loss now, but it will be difficult to take it back in the future when the market is completely occupied.
Therefore, the chairman of the Shipley Logistics Company is actually a man of great perseverance.
Yongsheng Building, City of London.
Chairman Liu was sitting in his office. Across from him, the London Financial Television station was broadcasting the news of the rising share price of Shipley Logistics Company. A satisfied smile immediately appeared on his face.
If Shipley does not raise funds or invest money, its market share will only get lower and lower, and its loyal fans may become customers of others.
After all, feelings can't be eaten.
If DHL's logistics prices remain low while Shipley's logistics prices remain normal, even the most loyal customers will feel unbalanced over time and thus defect.
Therefore, what Chairman Liu is most worried about is that if things continue like this, the company’s stock price will continue to fall, and his shares will become less and less valuable in the future.
But he is unwilling to raise funds.
Now, after bringing in the young man Lin Haoran, the stock price not only stopped falling, but also soared. How could he not be happy!
Although there is destined to be no dividend this year, he doesn't care.
As long as the stock price does not fall too badly, it is enough. As for stocks, as long as the stock price is still there, he can sell it and cash it out at any time.
By allowing Lin Haoran to invest, Chairman Liu is indeed suspected of taking advantage of him.
However, he never thought of harming him. After all, after the capital investment, the company did have the courage to compete directly with the outsider DHL Group.
However, President Liu did not hold much hope at the beginning.
Unexpectedly, the young man Lin Haoran actually agreed.
"After the stock price goes up, I have to consider selling it as soon as possible. There are too many uncertainties in the logistics industry. This time there is the DHL Group, and I don't know which group will come in next time." Chairman Liu murmured as he watched the pictures on TV.
In his opinion, logistics is an industry that makes money slowly and carries high risks, and is not as good as the financial industry, let alone the real estate industry.
While President Liu was thinking about his next move, Lin Haoran had already appeared in a quiet coffee shop box.
Opposite him was the original second largest shareholder, Mr. Irwin, the head of a consortium with some strength but not much.
The Scotsman was somewhat surprised but more curious about Lin Haoran's invitation.
On the day of the press conference, Lin Haoran learned the contact information of several shareholders, including Mr. Irvin.
So, on the third day after becoming a shareholder of Shipley Company, Lin Haoran privately invited the head of the consortium to come out for a meeting.
"Mr. Lin, I wonder why you called me out?" Alvin asked directly.
For him, he was not familiar with Lin Haoran, so naturally he had no intention of beating around the bush.
"Mr. Erwin, I heard that you are planning to sell your shares in Shipley, is that right?" The other party did not intend to beat around the bush, and Lin Haoran also did not intend to be roundabout.
"Mr. Lin wants to buy the stocks I have?" Erwin's face was full of surprise.
This did surprise him a little. He didn't expect that the young man would come to him to buy the stocks he held.
"That's right. I heard about this from Mr. Liu, who is an elder of mine. He told me that you had looked for sellers many times before but failed to reach an agreement. If you are willing to sell, I would like to take over. Of course, if you are not willing, then forget it. I won't force you." Lin Haoran said with a smile.
Naturally, he would not tell the other party that he had investigated the other party, so bringing up President Liu was a good excuse.
This incident was indeed very sudden for Alvin, and he was completely unprepared.
So, he couldn't help but frowned, took a sip of coffee, and then continued to ask: "Mr. Lin, I wonder what price you can offer."
"500 million pounds to buy all your shares!" Lin Haoran also directly gave his price.
This price is actually not much different from today's stock market price.
Although the stock price has risen, the shares held by Irwin are no longer the original 12%.
Although five million pounds may not seem high, when converted into Hong Kong dollars, it is more than 50 million Hong Kong dollars.
Therefore, for this average-level consortium leader, this is already a considerable sum of money. "Someone offered 500 million pounds before, but I didn't. If Mr. Lin only offers this price, then forget it. If Mr. Lin wants to buy it, it will cost at least 800 million pounds." The other party shook his head and said.
"Mr. Erwin, you have to think carefully. Although the stock price seems to have risen now, it is just a temporary hype. I think you, as a senior investor, should be very clear that even if there is money to compete with DHL Group temporarily, it means that the company will continue to operate at a loss.
Even if we persist for a year, so what? No one knows what will happen after a year. Are you sure that DHL Group will give up? The person behind the other party is from Squid Capital!" Lin Haoran said with a smile.
The squid capital of this era was not as terrifying as it would be a few decades later, but it was definitely not something that someone like Erwin could deal with.
It is precisely because of this that the other party wants to withdraw its investment.
"Since Mr. Lin already knows the reason, why is he willing to invest in the company and why does he want to buy the shares I hold?" Alvin asked back.
Ever since Lin Haoran wanted to buy his shares, he had already realized that Lin Haoran wanted to seize the controlling stake in Shipli Company.
"It's very simple, because I am confident that I can handle the strong competition from the other party. Mr. Erwin should already know my general situation in Hong Kong, right? I have the financial strength, even if the other party is backed by Squid Capital, I am not afraid, but the premise is that I control the Shipley Company.
If I take over Shipley, I will continue to invest in the company in the future. If you don't even sell me the shares, I will naturally not be able to carry out the next plan. "Lin Haoran said with a smile.
"Seven million pounds, no less!" Elvin was silent for a moment and then spoke.
Lin Haoran shook his head and said, "How about this, six million pounds, if you agree, the deal will be done. This price is already much higher than the market price. I don't have much time in the UK, I need to go back to Hong Kong as soon as possible. If you don't agree, then this matter can only be forgotten. When the stock price of Shipley Company falls again in the future, I will enter the market again.
My advantage is my youth. I am not in a hurry to enter the British market. It is only because my uncle Liu persuaded me that I agreed to finance the Shipley Company. How about this, I will give you a day to think about it slowly? Of course, I hope you don't tell Mr. Beo Stevens about this, otherwise this transaction will not be able to continue. "
He knew that Mr. Irwin had almost sold it for five million pounds, but after hesitating for a few days, the buyer gave up the investment.
The reason why the other party dared to ask for a high price this time was simply because the stock price had stopped falling after Lin Haoran raised funds.
Every one million pounds represents tens of millions of Hong Kong dollars. Lin Haoran certainly cannot be a sucker. Six million pounds is already a lot.
"Mr. Lin, I can sell it to you for six million pounds, and we can even sign the contract today. How about it?" Unexpectedly, when Lin Haoran gave the other party time to consider, the other party agreed directly.
Because Alvin thought about his hesitation last time, which led to the failure of the transaction in the end, and he regretted it for a while.
This time, the transaction price went up, and he knew he had to learn to be content. Otherwise, if he missed this opportunity, it might be difficult to find another one.
Just as Lin Haoran said, he was very wary of Squid Capital behind the DHL Group.
In his opinion, even if Lin Haoran has a lot of money, he is just a lucky young man and does not have the strength to confront Squid Capital head-on.
Therefore, taking this opportunity to withdraw investment and run away is the best option.
"Okay, Mr. Irwin is really straightforward. Let's get it done today. After that, the funds will be directly transferred to your account!" Lin Haoran said with a satisfied smile.
It would be great if the other party agreed. In this way, it would be just around the corner for me to have voting rights exceeding that of the company’s chairman!
On the same day, Lin Haoran went to Erwin's office and signed a share transfer contract with him, giving him an additional 9.6% of the shares.
Citi Securities also acquired 7.8% of Lin Haoran's shares on the stock market in three days.
Such a large trading volume was not noticed by anyone because of the hot hype about Shipley Company in recent days.
As a result, in just four days, the shares of Shipley that he held reached a terrifying 37.4%!
Moreover, after signing the contract, Alvin also promised Lin Haoran that he would keep the transaction secret for him for one month.
For Lin Haoran, one month was enough.
In fact, it doesn't even take that long.
Because, two days later, Lin Haoran's shares in Shipli Company had officially exceeded 40%, reaching 40.9%.
If he directly took away the shares held by Chairman Liu at this time, then the chairman would basically no longer have the strength to compete with him for the controlling rights.
However, Lin Haoran did not end up looking for Chairman Liu to buy shares, but instead looked for another shareholder.
In the end, Lin Haoran spent another five million pounds to acquire 8% of the shares from another shareholder.
With sufficient funds and the company in poor condition, it is indeed not difficult to seize the company's shares.
A day later, Lin Haoran asked Citi Securities to acquire about 1% of the shares and stopped the entrusted transaction because the shares were enough for him.
At this point, without anyone knowing, in just one week from the financing to now, Lin Haoran's shareholding in Shipley has reached 49.9%. (End of this chapter)
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