Rebirth of the Financial Overlord
Chapter 551 Killing a Listed Company With One Sentence
God can learn from it.
David Sichel didn't have any malicious intentions, nor did he mean to target Shen Jiannan. If he had to say why, probably—it was just a quick talk, and he wanted to maintain the friendship with Barings Bank.
Yes, it's that simple.
The Sichel Industrial Group, where David Sichel belongs, is the largest bearing industry group in the UK. With its leading technology and complete supporting facilities, it has monopolized more than 60% of the bearing supply in the UK. Even if the London stock market has been plummeting, the stock price of Sichel Group has not been greatly affected, which shows the performance and strength of its century-old heritage.
However, it is inevitable for enterprises to establish friendly relations with banks, so that financial support can be provided at critical moments.
For a long time, Sichel Industrial Group has maintained a good relationship with Barings Bank. Especially in the past two years, Rolls-Royce Motor Industry Company has been suppressed by German cars. Since last year, sales and net profit have continued to decline, and even suffered serious losses in the first half of this year.
In order to solve financial problems, Rolls-Royce had to seek new capital support.
For Chell Industries Group, this is undoubtedly a good opportunity for acquisition. As long as there is enough funds to take over Rolls-Royce Motor Industries, then with the power of West Chell Industries Group, the company's strategy can move towards the long-awaited The engine and even the automobile field entered.
However, Rolls-Royce is a brand of nearly a century after all, and there are many companies eyeing it. In addition to Sichel Industrial Group, Volkswagen and BMW Group all want to win this company.
Although, the market value of Sichel Industrial Group in the securities market is a full 26 billion pounds, which is far higher than the valuation of Rolls-Royce Motor Industry. However, the market value cannot be fully realized directly. Wanting to defeat Volkswagen and BMW Group, Dawei Sichel approached Barings Bank, hoping to obtain sufficient loans in the form of stock pledges.
With decades of cooperative relations, the two parties negotiated very smoothly.
The Sichel Family Mutual Fund, Sichel Investment Management Co., Ltd. and Sichel Charitable Foundation, accumulatively hold 58% of the shares of Sichel Group Industries. With these 58% shares, according to At the market price, Barings Bank lent 6 billion pounds to Sichel Industrial Group to defeat the two powerful competitors BMW Group and Volkswagen Group.
The two parties are in the honeymoon period. As friends, partners, and the sole heir of the Sichel family, no matter how you say it, it is David Sichel's responsibility to help Sam Redmayne get rid of the embarrassment that no one agrees with and save some face. made.
Facing Shen Jiannan's questioning, David Sitchell really wanted to laugh, to relieve the pressure in his heart, and explain something by the way.
He didn't want to make a huge enemy for the company and the family.
However, he squeezed the muscles on his face a few times, but couldn't force a needed smile.
Shen Jiannan's tone was very flat, as if he was asking for simple knowledge, but the contempt and indifference in those eyes was like a giant looking down on an ant or a bedbug that could be crushed to death at any time, making David Sichel feel uncomfortable. Couldn't smile.
Because it was too quiet, pairs of eyes looked over, and the countless sights made David Sichel's face gradually become ugly.
Everyone was looking at him. If he lowered his head at this time, where would the Sichel family's face be.
Damn.
Isn't he an oriental man!
Do you really think you broke the Bank of England?
As the heir to a top family, David Sitchell actually understands very well that the depreciation of the pound is the general trend, and it cannot be defeated by an investment company or a hedge fund at all. Behind this is the result of countless capital struggles, even There are also Germans who are behind the Americans.
The man who broke the Bank of England was nothing more than a media stunt.
Anger arises from the heart, and evil grows from the gallbladder.
Finally, under Shen Jiannan's aggressive and cold and indifferent eyes and momentum, David Sichel showed a smile on his face, a gentleman but chic and disdainful, contemptuous smile.
"So what? The whole world knows that there is no place for you Orientals in the financial market. I very much doubt whether it is a scam for a Chinese to open a bank in the UK."
"Is this your truth?"
"."
All right!
These are not the true words of David Sichel.
If Shen Jiannan's eyes were not so aggressive, he would choose to explain something. But how could he answer when all the gazes around him were scorching him like a stake.
Swirling the wine glass in his hand, David Sitchell showed the demeanor and self-cultivation that a high-class person should have.
"Why, I guessed it right? As I said bluntly, there are no banks of your Huaxia people in the top banks in the world. It has been like this for hundreds of years. But Barings Bank has always been a high-quality bank with a good reputation. It has never Mistakes have been made, even the royal family is one of their clients."
good reputation?
Never made a mistake?
Shen Jiannan had weird eyes, and raised his eyebrows habitually.
Old Luobotou is indeed a boy who can meet his ex-wife and daughter. He is really good at observing words and expressions. When he saw his boss's habitual actions, he quickly moved his head over.
"This guy is the president of the Sichel Industrial Group and the heir of the Sichel family. The guy next to him is Sam Redmayne, the president of Barings Bank. I heard that the Sichel Industrial Group wants to cooperate with Volkswagen and The BMW Group bid for Rolls-Royce Motor Cars and their relationship has always been good."
That's it.
Shen Jiannan's eyes flashed a few times, guessing a lot of things, he nodded, and directly faced David Sichel.
"Hi, buddy, I really don't know where you got the courage to talk to me like that. Could it be that Liang Jingru gave you the courage?"
Contempt!
Naked contempt.
No matter how good the self-cultivation is, who can stand being so despised in public.
All of a sudden, David Sichel's anger was written all over his face.
But Shen Jiannan didn't give him a chance to speak at all, and turned to look at Barings Bank President Sam Redmayne.
"President Redmayne, right. I want to ask you a question. If Barings Bank receives a mortgage loan on securities assets, but the mortgaged securities fall below the risk line of the loaned funds, what should I do?"
You two are arguing, what the hell does this have to do with me?
Sam Redmayne's expression became very embarrassing, like a salted fish that had suffered an innocent disaster, but under the watchful eyes of everyone, he had no choice but to answer this question.
"Our bank has a complete risk control mechanism in our bank, so we will naturally solve it in the most appropriate way. According to Mr. Shen, Nanbo Bank has no countermeasures in this regard, right? Yes, you are just a new bank after all. Banks don't live by luck."
"Okay! I wanted to give you a kind reminder, but it seems that you don't need it."
"Walter?"
Shen Jiannan didn't answer this question, and started talking to himself to the old carrot.
"John. I think the market analysis report you gave me yesterday is not bad. Do you have any other good suggestions?"
"My God. It's really good that you finally have time to read that report. From the current economic point of view of the European market, the future of the bearing industry is really worrying. I have been very anxious about it."
"Then what do you think we should do?"
"I think we should take a short position in the relevant market, say, buy puts on Sichel Industries and sell them."
"That's okay?"
"Of course. The bearing market has no future at all."
The harmony between Shen Jiannan and the old carrot brought David Sichel to the brink of explosion. As the president of Sichel Industrial Group, who knows the prospects of the bearing market better than him.
But now, someone is actually talking about shorting his company.
How absurd and ridiculous this is.
"Haha - this is really ridiculous. No one understands the bearing industry better than me. In the first half of this year, the profit of Sichel Industrial Group was as high as 100 million pounds. You are talking about shorting Sichel Industrial Group. Haha, it is naive And a stupid idea."
yes.
With such a good performance, who can short a profitable company.
But laughing and laughing, David Sichel couldn't stop laughing. He suddenly noticed that the eyes watching the excitement around him seemed to have changed.
It's like being watched by a group of hungry wolves.
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