Yang Weigang has already started to take action. He first pooled all the existing liquidity and bought the company's stocks. But it was a drop in the bucket, and the real estate company didn't have much liquidity.
Then he took out funds from his personal account and asked all his family members to buy the company's stocks.
In addition, the company's shareholders are worried that the company's stock price will plummet and affect their assets, so at this time everyone is still united and working together. The effect of this is also obvious. As of the afternoon, before the market was closed, the stock price finally stopped.
It fell and stabilized at around 4.5 yuan.
Yang Weigang finally breathed a sigh of relief. He organized all the people in the company and gave guarantees, and then he collected more than 200 million to protect the market. The effect was good, at least the downward trend of the stock price has ended, and there should be a wave of stock prices tomorrow.
Retaliatory rebound.
After all, if investors know that someone is desperately protecting the market, they will definitely follow up. They will think that this is an opportunity to make money.
In the evening, Yang Weigang held a press conference and reiterated that the company is currently operating normally. Previously, there were only a few residents who were not satisfied with the properties, but they have now been resolved through their coordination.
In addition, Yang Weigang emphasized that the company's stock price fluctuated because someone was maliciously shorting their stock price. However, it has been defeated by our company. The company has sufficient funds. Today, it has spent more than 200 million funds to protect the market. Tomorrow
The company will also buy back a large amount of shares. Therefore, shareholders do not need to worry.
Li Jianren, who was lying on the sofa in the hotel, couldn't help but smile when he looked at the scene on TV. He's a tough talker. Let's continue tomorrow and see how much money you have left.
As soon as Yang Weigang returned to the company after holding the press conference, he found the company's financial director and asked him to take stock of the company's existing funds and see if he could borrow some funds to prevent any accidents tomorrow.
Although he didn't think anyone else would have the funds to short-sell Yangming Real Estate at this time, there was no harm in being prepared.
"Director Yang, at present, the company and its shareholders have a total of more than 20 million yuan left. If I pledge part of your equity, I should be able to borrow the funds. However, the current stock price fluctuates too much. If I borrow, it is estimated that it will not exceed
500 million. After all, you pledged part of it last year and it will expire in June this year."
The financial director reported the situation to Yang Weigang, and the equity pledge itself is bad news. As a major shareholder, you must announce the news when you pledge shares. If it is announced, the stock price will definitely fall further.
Yang Wei just rubbed his hairless head. He had been busy all day and had no time to spare. He had a headache.
It was not only due to physical reasons, but also to the situation he faced. Although it was temporarily solved, he could breathe a sigh of relief. But if such a situation happened again later, he would really be at a loss.
The next day, Yang Weigang sat in the conference room with his son and several shareholders, still discussing the later strategy. At this time, the company's vice president rushed in and said, "Dr. Yang, it's bad, the stock price has further increased as soon as the market opened.
It has fallen by 8% now. If we don’t think about countermeasures, it is estimated that it may fall below 4 yuan today.”
If it falls below 4 yuan, it is basically not far from falling below the issue price. Once it falls below the issue price, all investors will lose confidence in the company, leading to large-scale selling.
In that case, the bank will probably come to collect the debt. After all, the interest owed to the bank needs to be repaid every month. But where will the funds come from to repay the debt at that time?
Yang Weigang picked up the mobile phone on the table and started calling friends to borrow money. After decades of working in shopping malls, Yang Weigang still made a few friends. However, don’t forget that it is 1998 and during the financial crisis, even if friends
No matter how righteous you are, how much can you help him?
After a round of phone calls, Yang Weigang was exhausted mentally and physically, and raised a total of more than 30 million, which was within his expectation. After all, everyone had heard about his situation, and anyone who could lend him money at this time had already been given.
It’s a big deal.
"Yang Che, take the several properties, shops, and bonds in our family, except for the villa we live in now, to mortgage, or sell them directly. You can decide how to do it. I have one condition, as soon as possible.
Get the funds." Yang Weigang said in a low voice to Yang Che.
He still didn't know that the cause of this incident was that his precious son offended someone he shouldn't have offended, which led to today's situation.
Yang Che looked at his father in surprise. He wanted to say something, but couldn't. He saw that his father's few hair seemed to have fallen out overnight.
At this time, he also had no idea that the little person he thought was Li Jianren, who had dealt a fatal blow to their family.
Yang Che dragged heavy steps out of the conference room. He felt that if this situation continued, the company might really collapse. However, as the successor, he had nothing to do.
Before the market closed at noon, the stock price of Yangming Real Estate had fallen to 3.9 yuan, which was already a hair away from the issue price of 3.8 yuan. If no measures were taken, if this situation continued, it would definitely fall below the issue price in the afternoon.
Fortunately, the funds borrowed by Yang Weigang and his friends were paid one by one. They did not break their promises and transferred the funds. This made Yang Weigang burst into tears of gratitude and vowed that after passing this test, he would definitely repay the friend who helped him this time.
As soon as the market opened in the afternoon, Yang Weigang directly invested more than 30 million yuan. The effect was good, and the stock price rose in response, directly rising to 4 yuan.
This price maintained for nearly two hours. When it was close to three o'clock in the afternoon, it suddenly fell again, going straight to 3.8 yuan.
Yang Weigang just saw the curved lines, like a life-threatening hanging rope, and suddenly fell, his heart pounded, and he almost couldn't hold on and collapsed to the ground.
The secretary next to him was so frightened when he saw this situation that he almost screamed. Fortunately, Yang Weigang was calm enough and pointed at the Jiuxin Pill on the table and motioned to the secretary to give it to him, otherwise something might have happened.
Fortunately, things did not deteriorate further. The stock price kept fluctuating between 3.8 yuan and 3.9 yuan. I don’t know if someone wanted to buy the bottom or for some reason. As of the closing of the day, the stock price was fixed at 3.84 yuan. Finally, the price was saved.
Facts that break the issue price.
This once again made Yang Weigang breathe a sigh of relief. Now he is on tenterhooks all the time, fearing that if he is not careful, the stock price will fall again. Now that the most thrilling day has passed, he has not lost yet, and he still has a chance.
"Convene a shareholders' meeting and ask all shareholders to participate!" Yang Weigang told his secretary.
The secretary looked at the chairman worriedly, wondering if his body could support him to go to the meeting. Unexpectedly, Yang Weigang waved his hand to her and asked her to go immediately. But she had no choice but to run out of the office and find other colleagues to come and help.
Keep an eye on it. If something happens again, is there anyone there? Then something really big might happen.
The board meeting was held as scheduled at eight o'clock in the evening. Every shareholder has been paying attention to the company's stock price all day, so they know what today's meeting is like. It is nothing more than raising funds to protect the meeting.
But there are also big and small shareholders. You, the major shareholder, keep asking shareholders to continue to pay. This is like a bottomless pit. When will it end?
Some small shareholders themselves don’t have much money to invest in Yangming Real Estate, and now they are spending money again and again. Although the money is paid out in proportion, if this continues, it is really possible that the money will be wasted and the gain will not be worth the loss.
This was not a successful shareholders' meeting. Many shareholders found various reasons to refuse to invest in bailing out the market. In the end, only a total of 20 million was raised. The main reason was the investment from the second and third shareholders. After all, they
The shares are not small, but if they don’t take action, they will still have to resist the big losses in the end.
The shareholders' meeting broke up unhappy, and the shareholders left the meeting room in dismay, leaving only Yang Weigang and his son.
"Father, the family's real estate and bonds have been valued by someone. They are worth about fifty million. But if you want to get the money in the near future, you will probably only get forty million at most." Yang Che lowered his head and asked.
Said to Yang Weigang.
Yang Weigang sighed and waved his hand, indicating to Yang Che to deal with it as soon as possible. We don't know what the situation will be tomorrow.