We're building a super chaebol in Hong Kong
#219 - Crazy stockholders
“Let's not talk about this anymore. It's late, let's go back,” Su Cheng said with a smile.
He didn't immediately tell Judy Foster about his plan to acquire Nami Entertainment, he'd give her a surprise later.
“Okay.” Judy Foster was, after all, just an 18-year-old girl, and she quickly cheered up again.
The time she could spend with the person she liked was running out, and she felt she had to cherish it.
The two returned to the parking lot and had the driver take them directly back to their hotel in Wall Street.
Tonight, Judy Foster still wanted it, and Su Cheng naturally satisfied her.
Although it was said that too much frequency was not good for the body.
But occasional excess frequency did not affect Su Cheng's health at all.
The next morning, Judy Foster was still sent back to her hotel early in the morning by Su Cheng's driver.
Su Cheng, on the other hand, just like yesterday, didn't leave the hotel with Zhang Qizheng and the others until after nine o'clock.
Today's task was heavier compared to yesterday.
He planned to wait for another wave of gains in the morning before starting to sell off in the afternoon.
The shares of the seven major oil companies in his hands were insignificant in the overall market.
The scale of the US stock market was not comparable to the Hong Kong stock market.
Of course, if you paid attention to the stock market in other industries, you would find that they were basically plummeting.
There were not many listed companies that could maintain a steady course.
So, this was very contradictory.
Energy stocks were simply outstanding in the stock market.
Su Cheng led the group back to the box in the exchange again.
Today's work began.
“Wait a moment, arrange the tasks. This morning, continue to focus on the stock market trends of the seven oil companies and inform me of any major changes; continue to absorb Intel's stock as you did yesterday, be careful and steadily absorb it; in addition, there is one more task today, assign a few people to me to acquire the stock of a company called Nami Entertainment when they have time. There's no rush for this, just take your time. Once the work on the oil companies gets busy, stop acquiring the stock of Nami Entertainment first.” Su Cheng pulled Zhang Qizheng aside and directly arranged today's tasks.
“Okay, I'll go arrange the tasks,” Zhang Qizheng said.
Seeing them all go to get busy, Su Cheng picked up the newspaper again and started reading.
There was news from Bosnia today, the situation there was still very chaotic, but it was no longer in the headlines.
After Zhang Qizheng arranged the work, he returned to Su Cheng's side again.
“How is the situation with that Nami Entertainment company now?” Su Cheng asked.
He wasn't very clear about this company either.
The reason he wanted to control it was purely because the company's market value wasn't very high. A total market value of around 100 million US dollars, converted into Hong Kong dollars, was just over 400 million Hong Kong dollars, and controlling it was just a small matter for Su Cheng.
In addition, Judy Foster was also a contracted artist of this company. If this situation could be changed, then of course it should be changed. How could his woman work for others? If she was going to work, she should work for him.
He wasn't afraid of whether this company was a garbage entertainment company or not. How could a company that could sign Linda Ronstadt be a garbage company!
Even if this company was not satisfactory, so what? Su Cheng could also support it.
“After I arranged the work tasks, I also took a look at the situation of this company. This company was founded in the 1930s and has a history of more than 40 years. It has been listed for nearly 20 years and has many second- and third-tier Hollywood artists under its umbrella. There are also a few top-tier artists. Its strength is not very strong in Hollywood, but it is also a good entertainment company and has been in a state of profit for many years.
As of yesterday's close, the total market value of Nami Entertainment was 103.2 million US dollars. Yesterday, the stock market fell by 0.23%. After the stock market opened today, it briefly rose before falling slightly again. Nowadays, not many stockholders are interested in entertainment listed companies.”
Zhang Qizheng quickly reported all the information he knew about Nami Entertainment to Su Cheng.
“Okay, I understand. The work tasks remain the same, go supervise them. Today is a relatively critical day,” Su Cheng nodded and smiled.
“Okay.” Zhang Qizheng naturally knew that the oil companies in his hands were waiting to be disposed of. At this critical moment, he had to keep an eye on them.
Today, the seven listed oil companies were still very conspicuous.
In the first hour of trading, they directly soared by 10% to 15%, which stimulated many stockholders.
The increase was too strong.
Many stockholders had lost themselves at this time and just wanted to quickly turn their money into stocks.
ExxonMobil's stock had risen more than 80% compared to the price Su Cheng bought it at.
The other companies were basically the same.
According to this progress, it was not impossible for the market value of his stocks to double directly this morning.
200 million US dollars turned into 400 million US dollars.
It was simply too crazy.
The fastest novel updates are on 69shu.com!
The speed of making money was not worse than during the World Cup at all.
However, Su Cheng was relatively calm about this.
Because a mere few hundred million US dollars was not much to him.
Of course, this could bring great help to his cash flow.
After all, the original 200 million US dollars of stock principal he bought was oil money, which would have to be settled with others sooner or later.
Now, if it doubled, then even if he didn't use the oil money, he would still have 200 million US dollars to use.
This would bring great convenience to his subsequent work.
200 million US dollars was not a small amount, equivalent to more than 900 million Hong Kong dollars.
At this time, the atmosphere in the box was very tense.
It was really because the stocks of these oil companies had risen too exaggeratedly.
If these stocks were theirs, they would want to hold them all the time to see how much they could rise.
Because the crazy stockholders gave them confidence.
However, Su Cheng knew that the dealers had not yet entered the market. Once the dealers entered the market, these stockholders who bought in would definitely become trapped leeks in a short period of time.
However, with the outbreak of the oil crisis, it was good news for oil companies, and their stock market would also have a very good trend, so even if the stockholders were trapped, they could quickly recover their capital if they insisted on not cutting their losses.
Zhang Qizheng reported the situation of the seven oil companies to Su Cheng every half hour.
Su Cheng was also patiently waiting for the opportunity to take action.
In secret, he was communicating with Little Ai at this time.
As an intelligent brain, the big data it possessed could bring it a lot of reference data.
Combined with its original data, it could give Su Cheng some very good suggestions.
For example, how much these stocks could rise to.
Su Cheng would quickly sell them before their peak gains.
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