Reborn in 2014: A One-Man Tycoon
Chapter 358 Let's see who has more money
On the top floor of the Blackman Bar, a furious roar, like the cry of a tiger and the howl of a dragon, suddenly rang out:
"Zheng Muchen, who gave you the audacity? You want me to invest 500 billion, but you only give me 15% of the equity. Do you think I'm dead?"
Fifth Master was so angry that his face turned ashen, and he smashed the teacup in his hand on the ground.
Originally, Fifth Master had a pretty good feeling about Zheng Muchen.
Because he would bring several million to give Fifth Master a share of the profits every month.
Moreover, Zheng Muchen always bowed and scraped whenever he saw Fifth Master, being extremely polite.
Fifth Master also thought highly of Zheng Muchen, believing that he was good at interpersonal relationships and a natural businessman, and that he would definitely become Meng Chuan's right-hand man in the future.
However, it's one thing for Zheng Muchen to come to him just now, wanting Fifth Master to invest in him.
Because Fifth Master knew that investing in Zheng Muchen was the same as investing in Meng Chuan, and Meng Chuan was very good at business, so investing in Meng Chuan was a sure thing.
He invested 5 million yuan in the Meng Po Guild and obtained 5% of the shares, which has long since been recouped.
What Fifth Master found unacceptable was that Zheng Muchen was simply going too far, actually asking him to invest 500 billion.
500 billion is no problem; the Sun family just recently "willingly" "gifted" 500 billion to Fifth Master. Fifth Master is rich now.
Based on the previous investment and shareholding ratio, 50 billion should be enough to acquire at least 500% of the equity.
But Zheng Muchen only offered him 15%.
This guy's heart is even blacker than Meng Chuan's, how could Fifth Master not be furious?
"Fifth Master, please calm down! This... this wasn't my idea! It was President Meng. President Meng said we can only give 15%."
Zheng Muchen hurriedly crawled down.
Fifth Master's thunderous rage nearly scared him out of his wits, and he immediately betrayed Meng Chuan.
It wasn't that Zheng Muchen lacked backbone; it was just that Fifth Master was too angry, and his thin arms and legs couldn't withstand it!
“Meng Chuan? Meng Chuan, you little brat, you’ve gone too far. Go back and tell him that if he doesn’t give me 20% of the original shares, he won’t get a single penny from me, let alone 500 billion.”
Fifth Master roared angrily.
He knew that Zheng Muchen wouldn't dare to bully him like that, even if he had a thousand lives.
Only a bastard like Meng Chuan would have the guts to do that, and only Meng Chuan knows that he currently has 500 billion in his hands.
Of course, only Meng Chuan could persuade Fifth Master to hold only 20% of the shares.
After all, he's getting old, and everything he has will belong to Meng Chuan from now on!
"Deal, Fifth Master, it's 20%, I'll take charge of this."
However, what Fifth Master didn't know was that Zheng Muchen was overjoyed the moment he spoke.
As if afraid that Fifth Master would change his mind, he hurriedly agreed.
"Uh... I... you can make that decision?"
Seeing Zheng Muchen agree so readily, Fifth Master suddenly felt like he had been tricked.
"Of course I can make the decision. I'll argue with Meng Chuan later. With your high reputation, Fifth Master, 20% is too little. If he dares to disagree, I'll give you 5% of my shares as a subsidy."
Zheng Muchen looked righteous and awe-inspiring.
In fact, Meng Chuan had said from the beginning that he would give Fifth Master 20% of the shares.
However, Zheng Muchen felt that there was almost no difference between 20% and 15%, as both would enrage Fifth Master in the first place.
It would be better to simply give Fifth Master 15%, and then negotiate later to gradually increase it to 20%. That way, Fifth Master might be more willing to accept it.
This is a typical prospect theory, and a common tactic used at the negotiating table.
Unexpectedly, Fifth Master was so sensible, asking for 20% himself. How could Zheng Muchen refuse?
"Fifth Master, please have a seat. I'll go find President Meng right away. Wait for my good news."
Seeing that Fifth Master wanted to say something more, Zheng Muchen hurriedly got up and made a hasty escape.
Fifth Master's aura was so overwhelming that Zheng Muchen only realized after leaving that his back was already soaked with sweat.
"From now on, I will never come to any negotiations except to send money to Fifth Master. It's too terrifying."
……
The next day, Meng Chuan, Ying Die, and the others all stayed in the basement.
We're just waiting to see what Xingyao Entertainment's opening price will be.
"54 yuan, the Sun family has really pushed the price to the limit."
Looking at Xingyao Entertainment's stock price panel, Meng Chuan said, unsurprisingly.
Yesterday, Xingyao Entertainment opened at 45 yuan and immediately jumped to 49.5 yuan, hitting the daily limit. (This was a typo yesterday and has been corrected.)
Today's opening price was immediately driven up to 54 yuan.
The opening price is not equal to the closing price of the previous day.
Each stock can set its own opening price within a certain range.
Typically, the price can fluctuate by about 10% above or below the previous day's closing price.
If it exceeds 10%, an application must be submitted.
However, most companies don't set the opening price too high.
Unless there are special circumstances, if the price is too high, investors will not buy it.
However, the Sun family doesn't care about the opinions of shareholders, especially since yesterday's press conference made Xingyao Entertainment's stock a new favorite in the stock market.
Even with the opening price at its maximum, investors still flocked to the market.
"It's hit the daily limit again, and it's only been ten minutes."
"That's what Yingdie said."
"There's nothing we can do. Yesterday, many people had money but couldn't buy anything. Today, they'll probably be waiting to rush to buy it as soon as possible!"
Meng Chuan said.
These stock market investors are all green leeks (victims of market manipulation). The happier they are now as they buy in, the more miserable they will be in the future.
However, Meng Chuan would not act like a saint and pity them.
The stock market, to put it bluntly, is gambling.
It is inherently unreasonable for everyone to make money.
"Young Master, the Sun family is holding another press conference."
Dao suddenly said.
Dao had been monitoring everyone in the Sun family.
No matter how small the movement, it cannot escape the notice of the Dao.
Dao quickly switched to the live video of the press conference.
The press conference mainly focused on the issuance of new shares.
However, instead of issuing new shares to all shareholders, Xingyao Company decided to issue 20% of its shares, totaling 4.5 million shares, to Sidu Company through a private placement.
The so-called targeted share issuance means that only the company can purchase the shares.
Clearly, this is the Sun family trying to recoup their losses from the castle investment.
However, the Sun family explained that they chose to issue additional shares in order to accelerate the pace of the five-year plan and to align with international standards.
Although David from Castle Investments demanded to see 2000 billion today, that was just empty talk.
David should be able to make some time if he can see the cash.
As a subsidiary of Castle Investment, Sidu now holds 20% of Star Entertainment's shares, which is practically a free gift.
When Xingyao Entertainment's stock price rose to 200 yuan per share, Sidu sold off his shares and made tens of billions of yuan.
Then, after shorting the market, this in-and-out move could easily net hundreds of billions.
"Keep a close eye on Xingyao Entertainment's stock price, and we'll buy it when it rises."
Meng Chuan said to the group of traders behind him:
"And without my order, Star Glory Entertainment's stock price is not allowed to fall!"
"Are you trying to burst Sidu?"
Yingdie asked, frowning.
"That's right, he wants to short, I'll go long, let's see who has more money, the one who can't hold on will be out."
You'll Also Like
-
Primordial Era: I Became a Disciple of the Shangqing Sect After Being Become a Disciple of the Jie S
Chapter 56 2 minute ago -
Dormitory group chat, my information updated daily.
Chapter 298 2 minute ago -
Immortal Martial Saint, something's wrong with my entry.
Chapter 137 2 minute ago -
Food: Senior year internship, you take over the university cafeteria
Chapter 56 2 minute ago -
The King's Avatar: Become Stronger After Being Rejected, Don't Agree!
Chapter 50 2 minute ago -
I will burn books and slay gods.
Chapter 122 2 minute ago -
Three Kingdoms: Rebirth of Liu Bei, the Zhaolie
Chapter 262 2 minute ago -
Naruto: This Uchiha is too innocent.
Chapter 152 2 minute ago -
A magical journey of a sharp-tongued woman and a goofy man
Chapter 465 2 minute ago -
Kilsager and Chat Groups
Chapter 347 2 minute ago