Reborn Financial Overlord

Chapter 151 With Hope, Will Be More Desperate

The stock of Sichel Industrial Group plummeted by nearly 50.00%. Upon hearing the news, Sam Redmelin was so shocked that the coffee in his hand almost fell to the ground.

What a joke, it's only 15:[-], and the stock market has only started for [-] minutes.

Without daring to delay any longer, Sam Redmelin quickly got up and followed Seth Bacon to the Market and Trading Department. When he saw the Reuters screen, he knew that he might have to make a decision.

Sichel Industries Group, 1.38, -49.89%.

"Do the people in Sichel know the current situation?"

Sam Redmelin asked cautiously.

"I called the president's office, but no one answered, but the director of the secretary department of the board of directors told me that President David Sitchell is discussing a solution with the board of directors."

"Have you received any news?"

"There are rumors in the market that the finances of Sichel Industrial Group may be fraudulent. Some people also say that their orders with Rolls-Royce have been cut off..., and... .”

Under Sam Redmelin's questioning, Seth Bacon briefly explained the news he had heard, but he stopped talking as he spoke, as if he didn't know what to say or not.

"What else?"

"I've just heard people say that Sichel Industries owes us a huge amount of money that is coming due, and if they don't pay it, they're going to go bankrupt because of it."

"Walter?"

Sam Redmelin was stunned. As the president of Barings Bank, he knew best whether Sichel Industrial Group owed them money, and there was absolutely no such thing.

etc--

Suddenly, Sam Redmelin thought of something, and his face became extremely ugly.

"Call Sichel immediately, they must solve the current problem as soon as possible."

Seth Bacon didn't know why his boss's expression suddenly changed, but out of duty, he still mentioned the risk control issue of Sichel's mortgage of bank securities assets.

"Then what are we going to do about it?"

"If . . . I mean if, well, the regulations must be followed, you know what I mean. Now, call Sichel as soon as possible."

"..."

Birmingham is the largest industrial city in the UK.

The city, due to the existence of a large number of enterprises gathered many workers and technical personnel, is the second largest city in the UK after London.

Xichel Industrial Group is located in the core industrial area of ​​this kind of city.

At this moment, a contingency plan was finalized with the board of directors, and a smile appeared on David Sitchell's face.

As the third largest securities trading center in the world, the London Stock Exchange is the oldest stock exchange in the world, and it made great contributions to the prosperity of the British economy at that time.

However, with the changes in the domestic and world economic situation in the UK, its strong conservative color, especially the inherited stereotypes, seriously hindered the development of the British stock market and affected the competitiveness of the market. Under this situation, Mrs. Saqir During Line's administration, the London Stock Exchange underwent major reforms in October 1986.

For example, reform the fixed commission system; allow large companies to directly enter the exchange for trading; relax the qualification review of members; allow wholesalers and brokers to operate concurrently: all securities transactions are computerized, and they are connected to the New York and Tokyo stock exchanges to realize 24-hour global transactions.

These reform measures have brought about fundamental changes in the British securities market and consolidated its position in the international securities market.

Now, with the board of directors contributing funds to protect the market, and the announcement of the acquisition of Rolls-Royce, I believe that the short sellers in the market will be severely punished.

David Sitchell forgot the fear that he didn't want to admit in his heart before, and felt that this kind of thing is always unreliable, isn't it?

A mere oriental, on the land of Great Britain, is simply an ant that can be crushed to death at any time, and only the idiots of the Bank of England will be swept away by him.

Sichel stood up from his chair with a confident smile, and said to the board members present: "Thank you very much for your support, gentlemen. I believe that we will let those international speculators learn a lesson."

"Oh. David, we have always believed in your ability. Now there are no other questions."

"Of course. It's just a small problem. I can handle it easily."

thump—

Suddenly, the closed door of the conference room was pushed open from the outside, and Freddy Bell, the head of the secretary department of the board of directors, who was in charge of the securities department, rushed in in panic.

"Boss. We're in big trouble."

"......"

Five minutes later, David Sitchell and members of the board of directors Qiqi appeared in the market trading department.

On the huge central screen, the numbers in the handicap range reflected dazzling red light like a river of blood, and the trend chart was like a waterfall falling from the sky, enough to blow anyone's strong heart.

Sichel Industries Group, 1.38, -49.89%.

The confidence and calmness on David Sichel's face completely disappeared. He grabbed Freddy Bell by the collar and roared.

"What's going on here, I didn't tell you to stabilize the market price before I come back."

"Sir, I'm sorry, I've tried my best. But, it's of no use... Barings just called, hoping we can pay attention to market risks."

Freddy Bell said in frustration.

Before that, he had tried his best to maintain the share price of Sichel Industrial Group, but the market was like a wild horse, no matter how much money the company invested, it could not prevent the market from collapsing.

Freddy Bell didn't know why there were so many sell-offs, but he knew in his heart that the Sichel Industrial Group might be doomed.

In 83, the United States fell into a recession due to the oil crisis. In order to attract the arrival of American capital, by 86, the London Stock Exchange used off-market leverage and lower commissions to stimulate the development of the capital market.

As stock exchanges liberalize over-the-counter market trading, over-the-counter stock traders often take positions with leverage of three to five times.

When the stock of Sichel Industrial Group fell to 20.00%[-], Freddie Bell had already predicted big trouble, but it was still too late.

He desperately used the 2 million pounds that the securities department could use to maintain the stock price. However, under the continuous liquidation orders in the market, the [-] million pounds could not be supported for even [-] minutes, and he could only watch helplessly. The company's stock sank again and again.

Um--

A painful muffled groan sounded suddenly, and as David Sitchell walked into a shareholder in the trading department, he clutched his chest, wrinkled his old face, and slowly fell to the ground.

In old age, people should have waited for retirement, but suddenly, their wealth shrank by 50.00%. The huge gap is no longer something people of his age can bear.

"Hughes. What's wrong with you. Call an ambulance."

"..."

In a panic, the major shareholder named Hughes was carried out.

But for the major shareholders who are still there, it's like watching their own end.

"Sichel. We need an explanation of what's going on."

"Sichel. You let us down, we trusted you so much, and you let us suffer this loss."

"David. What the hell happened. This kind of decline is unusual."

"..."

Facing the big shareholder who turned his back on him and his father, David Sitchell couldn't care less about answering. There was only a devil's whisper and a devil's smile that kept reappearing in his consciousness.

That frightening oriental face seemed to say in the black eyes: Go to hell, bedbug.

"President, what should we do now."

calm down!

calm down!

Under Freddy Bell's questioning, David Sitchell finally used his reason to suppress the panic and anxiety in his heart. At this time, if he panicked, he would really be doomed.

A 50.00% drop, not hopeless.

"Gentlemen, this is not the time to argue, I need a little time to deal with this issue. Also, things are not as bad as we thought."

"We still have [-] million pounds to use. If the news of our acquisition of Rolls-Royce Motor Industry is announced before then, it will definitely bring more funds to buy."

"......"

"Don't look at me as a sheep, the green grass becomes more fragrant because of me..."

Canary Wharf, Capital One Management.

Some people are like birds, flapping their arms and singing incomprehensible or speechless songs, with monotonous and broken voices, and idiotic and absurd lyrics.

William couldn't figure out why his boss was so excited for a small profit from IB.

Stocks, after all, are not futures.

Just the 300 million pounds built on the Sichel Industrial Group, no matter how much it falls, the profit cannot reach this figure.

Unfortunately, from William's point of view, he couldn't understand what Shen Jiannan was paying attention to. If he knew, his boss would definitely be considered a lunatic.

Don't expose your wealth, the golden mean.

Any Chinese understands the risks that wealth brings, and also knows the danger of being the first bird to be shot.

Of course, Shen Jiannan also understood this truth.

However, he understands better that a crisis is actually an opportunity.

Just like a star.

Groups other than celebrity fans will think that chasing stars is idiotic and brain-dead, but for fans of a certain deer, they are even willing to give away their bodies, as long as other black fans don't scold him.

Quietly, what a great mind control.

In fact, there is not much difference in the speculative business. Wherever George Soros in the original trajectory goes, countless speculators will follow suit, and even the media controlled by the government will follow his logic to analyze him. logic factor.

He was brought into a subjective consciousness without knowing it, and even became a tool to cheer for him.And in some markets, there are even concept stocks with Brother Xiang as the concept. As long as Brother Xiang gets involved, the stock price will rise immediately.

In the financial market, if you become a god, you are truly a god.

At least, so far it looks like it's working pretty well.

3000 million pounds, 100 billion pounds evaporated, is there a better effect than this?

Humming a song, the smile on Shen Jiannan's face became brighter and brighter. HSBC Bank is probably waiting for him to return to Hong Kong to renew his insurance. At that time, he can definitely give these guys a luxurious gift package.

But if you play with the British all the time, will the British be disgusted to death?

"Boss. Just now I asked my friend at the Bank of Westminster. They have 6000 million triple-leveraged positions in the market department, which is probably similar to that of other investment banks.

Jiuding Bank has more than 500 million shares.There are other banks, of course.If these positions are blown up, it is estimated that Sichel will completely collapse. "

"William. You don't know the joy of trading at all. You have to give them hope to make the market more desperate."

"..."

Chapter 152 240 Billion Pounds Evaporated in One Hour

Shen Jiannan's words made William secretly roll his eyes. He really didn't understand what fun there is in short selling a listed company.

Of course, if he knew that many listed companies in the Hong Kong stock market were jointly attacked by Wall Street and the British, and the market value of a company could be evaporated by more than 90.00% within an hour, he might be able to really enjoy it.

However, Shen Jiannan was right in saying one thing. When there is hope, people will be more desperate, and when hope turns into despair, that kind of despair will make people completely collapse.

"60 billion pounds. This is a lot of money. Now, Sichel Industries Group has a huge risk, which should not be borne by us."

"Although according to the additional terms of the contract, we have the right to resolve the crisis as the first responsible person when responding to the crisis."

"Mr. Redmelling, what do you think?"

"..."

Barings Bank.

Following the Sichel Industrial Group's call for help, President Sam Redmelin had no choice but to send a notice to the board of directors. After all, to mobilize another billion pounds, this kind of amount is simply not something he can make.

But uncharacteristically, the members of the board of directors were not optimistic about the future of Sichel Industries Group, and instead asked Sam Redmelin to pay attention to the risks he had to face.

The meaning of the board of directors is already very clear, as the president, what can Sam Redmelin do.

Adoration Sister-in-law, David!

"I understand. According to the bank's risk control regulations, we have the right to liquidate part of the shares of Sichel Industrial Group in a way to deal with the crisis."

"Very well. Just as long as you understand."

“…”

As the calls from various countries hung up, Sam Redmelin glanced at Seth Bacon, who nodded, picked up the phone from the trading department and dialed out.

"Thomas. Now, selling 30.00% of Sichel Industrial Group's shares at the market price will cause the stock price to fall? No, this is none of our business. We also need to control risks."