After Wang Hengyue heard this story, he let out a long breath.
The fighting in the stock exchange is no less brutal than on the battlefield.
And Martin is undoubtedly a hero in the stock exchange just like those heroes on the battlefield! One and a half million US dollars is not a particularly remarkable figure in Wang Hengyue's eyes now, but the loopholes in the New York Stock Exchange have become
It's completely in your hands.
When the conditions are ripe, it will be given a fatal blow!
Or to be more precise, Wang Hengyue saw a huge business opportunity in this, an opportunity to earn new astronomical wealth through the New York Stock Exchange!
This opportunity fits perfectly with the plan formulated by Wang Hengyue, Cai Chenfang, and Hu Qiying.
Maybe, even God is helping Wang Hengyue!
"President, there is another opportunity to control General Motors. Are you interested?"
"What? You said it again, control General Motors?" Wang Hengyue was shocked! Surprised.
Martin nodded: "Yes, Durant, the owner of General Motors, is facing a huge crisis that he cannot get rid of."
Heng Yue had no time to think about the tunnel.
Martin quickly said: "It is extremely easy to lose money on Wall Street, even if you are not caught in a conspiracy that deliberately harms people. Durant, the current owner of General Motors, is a sales genius. He
After accumulating some wealth in the horse-drawn carriage business, he realized that cars would become the future star of human transportation. That year he took control of Buick, which was in financial crisis. A few years later, Durant had successfully turned it into a success.
It has transformed into the largest automaker in the United States, with annual sales exceeding the combined sales of its two other competitors, Ford and Cadillac, reaching 8,820 vehicles.
Durant was a natural optimist, and he began his merger spree, acquiring other car companies and parts suppliers and integrating them with Buick to form a new company, General Motors. Although
Durant is a genius in sales, but he is an out-and-out fool when it comes to mergers and acquisitions."
Martin curled his lips contemptuously: "He often spent too much money when buying companies, or bought companies that he shouldn't have bought at all. When the economic recession hit in 1910, General Motors had to
Relying on help from bankers to weather the storm, the company's shares were placed in trust and Durant lost control of the company for five years.
While bankers were busy straightening out General Motors' internal structure, Durant formed Chevrolet, which first introduced the Model 490 to the market in 1915 and achieved great success. Although the car was more expensive than the legendary
The average Ford Model T is slightly more expensive, but it provides more comfort to drivers and passengers. The sales of the Model 490 were the first successful example of Volkswagen's marketing strategy, which provided consumers with a variety of benefits.
There are many choices, including various colors, and Ford only knows how to keep prices down. General Motors will use this mass marketing strategy to surpass Ford and become the leader in the automobile industry in the next time.
In the year when General Motors' stock escrow was about to expire, Durant used the money he earned from Chevrolet cars to start buying General Motors' stock and obtaining it from his friends who owned General Motors stock.
Their proxy voting rights, the next year, Chevrolet purchased a controlling stake in General Motors, and Durant took complete control of General Motors.
In the economic boom caused by the war, General Motors grew explosively. In 1918, it produced nearly 250,000 cars and trucks. In addition, it also produced a large number of military products. It already had 50,000 employees
, the profit that year was 15 million U.S. dollars. In the second year, its profit tripled to 60 million U.S. dollars, the number of employees reached 10,000, and the output increased to 400,000 vehicles..."
Wang Hengyue was a little confused. He didn't know much about this period of history: "Since General Motors is already in a kind of good prosperity, where is the opportunity to control it?"
"The problem is Durant's madness and naivety!" Martin said: "At the beginning of this year, when I started operating Master's stock, General Motors' stock split at a ratio of 10:1.
After that, at $42 per share, Durant, who owned at least several million shares of General Motors, became one of the richest people in the United States.
However, the following April, auto stocks began to lead the market decline. As those stocks with the latest technology of the times always perform in the market, Durant could have waited patiently for the end of this decline, but in order to protect his
The psychology of investors and employees, he stubbornly tried to support the market alone!
President, this is so naive. His probability of success is so small, it's like... it's like standing at the top of Niagara Falls and trying to stop the waterfall from falling with his hat.
Durant began to buy General Motors stocks on the exchange and amplified his purchasing power by paying a margin. On the New York Stock Exchange, you only need to pay 10% of the stock price as a margin to buy stocks, and the broker will cover the shortfall.
The company comes to advance the payment. This approach is of course a huge profit when the stock price rises, but if the stock price falls, the broker will require more and more collateral. If the client does not have collateral of sufficient value, the broker will
His stocks were sold at low prices, and the clients had to suffer huge losses. In this game, the rules of the game have always been that risks and returns match..."
"I see."
Wang Hengyue nodded: "Every stock on the New York Stock Exchange is falling now, and so is the General Motors stock in Durant's hands."
"Yes." Martin said quickly; "According to my analysis, General Motors' stock will fall to ten to fifteen dollars in the next two months, and Durant, who was once extremely wealthy in name, will
The end. Then, according to the regulations of the New York Stock Exchange, he will receive a notice requesting an increase in margin, about 150,000 to 200,000 US dollars in margin, and even if Durant can raise this margin,
That would only allow him to barely get by. As long as the stock continues to fall, there will be an avalanche-like collapse.
If we can provide Durant with financial help and acquire his shares at this time, then we can successfully avoid the collapse of General Motors, and at the same time, we can acquire Durant's three million at the lowest price.
shares, becoming the new owner of General Motors in one fell swoop..."
"Go and do it!" Wang Hengyue answered without any hesitation.
Although he didn't know what happened between Durant and General Motors, Wang Hengyue seemed very decisive.
Not only was it possible to easily control the huge General Motors Company and become the owner of the largest automobile manufacturer in the United States, but in the next few years, Wang Kuangyue vaguely remembered that General Motors stock would rise to a price of several hundred dollars.
God, you control the largest car company in the United States, and you can control Chevrolet Motor Company through General Motors. The fate of American cars is in your hands?
And not only that, he can also become the richest person in the world through General Motors stock in one fell swoop!
Only a fool would not do this deal!
"How much deposit Durant needs, lend it all to him!" Wang Hengyue thought for a while: "We must use this opportunity to control General Motors to control the entire company!"
"Yes, I'll do it right away." Martin said quickly.
"Martin, you have worked hard." Wang Hengyue smiled and encouraged: "After completing these two things, you can take a rest. Although you won the war with the New York Stock Exchange, you became a thorn in their side.
If you have a thorn in your flesh, they will definitely find ways to take revenge. Go back to China and have a good vacation, and I will arrange everything for you."
Martin also had a smile on his face. His success is inseparable from the support of the president, and the president's vigorous and decisive approach and prompt decisions are also the best help to him.
Similarly, Wang Hengyue is also very satisfied with the people he employs. He uses Americans to deal with Americans, even though Martin only has a quarter of American blood flowing through him.
After seeing Martin off, Wang Hengyue saw Ma Yunxin packing her luggage. He walked over and took a look with great interest: "What did you buy for your sisters and children?"
"They're all here." Ma Yunxin pointed in front of her.
"Not enough, not enough, how can these things be enough?" Wang Hengyue said with rare generosity: "Bring 10,000 US dollars, go shopping, buy more things, and everyone will get a gift when you return home."
Ma Yunxin was extremely surprised. When did her husband, who had always been "stingy", become so generous?
In her impression, there was only one reason why her husband was generous: he made a lot of money!
Lu Rongting did it once, and it happened once during the Shanghai Gold Stock Disaster. So what about this time? Where did the husband get a large amount of money?
Ma Yunxin looked at her husband suspiciously.
As expected, Wang Hengyue said with a smile: "I returned from this trip to the United States with great success. Not only did I sign a large number of agreements and contracts, but I also made a lot of money. You can't even imagine how rich I am now."
Ma Yunxin rolled her eyes at him: "Why do you look like a nouveau riche?"
"Ah? Haha, nouveau riche, nouveau riche, yes, now I am a nouveau riche again!" Wang Hengyue said with a smile: "If you let me be a nouveau riche a few more times, it doesn't matter how much you want to mock me."
Ma Yun deceived her and made her laugh and cry.
Well, my husband is really an out-and-out moneymaker. He can only make money if he has money. No matter what happens, as long as it does not violate his bottom line, he can laugh it off! (!.