Bulgarian Empire
Chapter 10, Competition 2
After being instructed by Robert, the manager Cameron Oaks said passionately: "Gentlemen, Cotefi has entered the field of department stores and supermarkets since the beginning of the year, and has achieved remarkable results in Vienna. It has only opened for three short years. In a month, starting from scratch, it has achieved the first in the industry..."
"I'm sorry to interrupt Mr. Cameron. If you say that the number one in the industry is the number one loss in the industry, I don't think it is necessary!" James Hurd interrupted Cameron politely.
James Held is Robert's uncle, the second largest shareholder of the company, and the former director of personnel of the company. He founded the Cote Philips Department Store together with the old Robert, and has a great influence on the company. Now he has retired.
Robert's face changed greatly, and James, who had retired, actually came out, obviously dissatisfied with him.
"Mr. James, the loss is just a matter of time. After all the competitors are driven out of the market, it is time for us to harvest!" Cameron defended.
"Then Mr. Cameron, how long do you tell me it will take to drive out all the competitors?" Zamar Held (Robert's younger brother) sneered.
Seeing Cameron's silence, Zamal continued: "We must know that our losses are increasing every day, Cote Fischer is a big business, but don't forget that our foundation is a department store, not a department store! We can't put all the The power of , is thrown into this bottomless pit!"
Seeing that Cameron had retreated, Robert knew that it was time for him to go up. After a moment of thought, he said, "Okay, now it has come to this point, and these useless things are over!"
"We at Cote Philips have invested too much in department stores, a full £80,000! Gentlemen, do you think we can quit now?"
"What? Eighty thousand pounds, you're sure you're right!" Zamar jumped up and asked Robert.
"My brother, the information was sent to shareholders yesterday, don't tell me you didn't receive it!" Robert said angrily
For this playboy's own younger brother, Robert has always been impatient, and cursed inwardly: "Damn, it's all this time, you idiot is still causing trouble for me. I don't know what's going on, it's all from the Held family, why? Such an idiot!"
Zamar smiled embarrassedly, and then took his place. Obviously, he was still a little afraid of his brother.
After thinking about it, James came out to be a peacemaker and said, "Okay, we have come to this stage, let's all find a way to help each other! The company has invested 80,000 pounds, which is already one-tenth of Cotefei's. Assets, we have been riding a tiger."
After a pause, when no one spoke, James asked, "Robert, I am afraid that the company's capital turnover is about to go wrong. What are your countermeasures?"
"The company has also made a lot of money in these years, and everyone's annual dividends are not a small number. I hope that all shareholders will inject some money into the company to turn around, and in principle, contribute proportionally!" Robert said calmly.
The pot exploded in an instant, and there was a lot of discussion, with some people agreeing and others opposing.
"What is the specific number of the gap for the company to survive the crisis?" James asked with concern
Everyone turned their attention to Robert with anticipation. It seems that if the difference is not big, they are ready to pay.
"I asked someone to move the company's accounts. Now there is a shortage of funds, 200,000 pounds, which is everyone's five-year dividend!" Robert said cautiously
Everyone's faces changed, this number is too large, even if it is divided by shares, it is not a decimal. In terms of assets, they must have, but whoever has nothing to put in so much cash, either spent it or invested in the industry.
"How can there be so much? The supermarket project only invests 80,000 pounds!" Zamar asked with a pale face
"Simply, department stores are also hit, we have a lot of overlap with supermarkets,
has affected our profits. The key is the supermarket project, which needs to continue to be invested. This figure is only in an ideal state, and more funds may be needed in the future! ' Robert explained
"We can give out the money, but what is your ultimate goal?" James asked carefully, staring at Robert
Robert knew that as long as James was persuaded, then today's matter would be completed, and the others were nothing to worry about. The combined shares of the two of them had already exceeded two-thirds.
"Clean up those little trash fish and let Cote Philips and Volvo stand together!" Robert said cautiously
"Well, very good. Although this goal is a bit difficult, it is still feasible!" James showed a long-lost smile
Frankly speaking, Robert is the most capable of the next generation of the Held family, and James has always been very optimistic about this nephew.
At the same time, he is also very worried about Robert's arrogance. The Held family is only a late-stage star in the capital field, not so strong. The Austro-Hungarian Empire is still a world of nobles.
This time, Robert directly fought a price war without resorting to other means. It's not because of how high his moral cultivation is, but because he doesn't dare to break the rules at all.
In the face of the Kohari family, if it wasn't for the support of the Hungarian flour capitalists behind them, they would not have chosen to enter at this time.
"By the way, Robert~ what did the Hungarians say? Now is the time to ask for their help!" James went straight to the core
"I've already communicated with them, and it's not very ideal. We have already negotiated it before. Provide us with a loan of 200,000 pounds. The flour can be purchased at the cost price. They don't plan to contribute any more." Robert bitterly said Say
That's right, £200,000 is a lot of money, but it's a loan, and it's still secured. They didn't get the expected benefits, except that the flour could be purchased at cost.
"Isn't this expected! They can't make great efforts for us. You have to implement these conditions as soon as possible. If Ferdinand reacts, it is estimated that these will not be obtained. If you want a loan later, you can It's not so easy!" James explained cautiously
Robert said bitterly, "Okay uncle, I'll do it right away!"
Obviously, this incident has hit him hard, and the influence of the old nobles is beyond his imagination. Ferdinand only showed a little goodwill, and the flour capitalists shrank back.
"Robert has already entered the pit, what are you going to do with Frantz next?" Ferdinand looked at Frantz expectantly and asked
"His Royal Highness, it's better to let them sink deeper, let's take action! Now I'm going to clear the field first, for example, reduce the price by 5 points. In two months, half of the supermarkets in Vienna will die!" smirk
Ferdinand also laughed. Even though all the supermarkets in Vienna were losing money, Shuanghui Food Group made a profit. While retail prices have fallen, sales have increased, while ex-factory prices have remained the same.
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