High School Belle Fell in Love with Me-Chapter 186 - 131: How Does That Bastard Make So Much Money?
Chairman Wang Junsheng had all the stock data of the Green Water Group in front of him.
They had been involved with Green Water Group for many years, previously working with its shareholders to do some news-based arbitrage, but the leader of Green Water Group had always been suppressing the fundamental data, which led to them not earning much.
At that time, there was no hope to acquire Green Water Group, and they had to wait until the past two years to finally see a sign of opportunity.
Junsheng Capital wasn’t a large-scale company, only with billions of capital, which only made it third-rate in the current private equity market.
The scale of private equities is generally smaller than public equities, but there are individual private equities with more than a hundred billion, and there are twenty or thirty with tens of billions.
But a private equity with a hundred billion doesn’t count; it’s considered super first-rate and not replicable.
The source of private equity funds is the most important issue; either the helmsman needs to be extremely sharp, or they need a very strong network.
Clearly, Wang Junsheng was neither; he had good luck back in the day, stumbling upon the wildest era of the A-shares, earning tens of millions in capital.
He then started doing private equity, slowly increasing the scale over the years.
The fundamental idea was to find small listed companies in A-shares, colluding with the other party to manipulate arbitrage through news.
For instance, obtaining company transaction information in advance, or having the major shareholders cooperate in increasing holdings after entering the market, or cooperating to reduce holdings to lower the price, making it convenient for them to enter.
To sum it up, this operation has a unified name, called insider trading techniques, illegal and against regulations.
But they weren’t greedy; sometimes earning a dozen or twenty points was enough, even if the market was bad by a few points, it was still meat. They didn’t attract attention from above, and the funds involved were small; over so many years, they remained steady as Mount Tai.
This time, they were determined to target Green Water Group for a big deal.
If successful, it’s possible to profit by hundreds of millions, even billions.
"Old Wang, currently we only have 22% of the chips, mainly because when we were preparing to absorb the chips, someone else beat us to it."
Wang Junsheng looked at the data in front of him; he had known this result for a long time.
On Monday, they wanted to grab millions of chips, but after someone else snatched them, they didn’t dare to take any. They were deeply afraid that the retail investors inside wouldn’t want to give up their chips.
Tuesday was the same story.
They could only continuously throw at the high positions to completely release all the panic sentiment.
"Did you get in touch with Li Yang over there? This time that guy got an advantage; how much does he want?"
Wang Junsheng didn’t suspect anything else, just felt they had shown their intentions too clearly, getting caught by Li Yang early on, who then swooped in to reap the benefits at the critical moment.
Help Bai Qing?
If he really wanted to help, he could have done so back when Green Water Group’s market value was over two billion; no need to wait until now.
He took over starting from Monday’s limit down until Friday’s limit down, and his first batch of funds had already taken four limit downs.
"Calculated the costs, the other side’s cost is three hundred million."
Wang Junsheng frowned: "Three hundred million? He really doesn’t hold back; now it’s only worth two hundred and forty million."
The more generous Li Yang is, the bigger his appetite is.
"Yeah, when we tried to communicate, we didn’t get any results. We tentatively offered three hundred and ten million, but he didn’t even bother to respond and just hung up on us."
If they could get the chips from Li Yang, they would be set.
The shareholders standing with Green Water Group also increased their holdings significantly, all bought at high positions.
From the initial 17%, it increased to 26%. Combined, the two sides held 48%, the most powerful voice within Green Water Group.
Though it’s not enough to crush them, as long as the board can push Bai Qing out, it’s enough. 𝐟𝕣𝗲𝕖𝕨𝗲𝐛𝗻𝗼𝐯𝗲𝚕.𝗰𝚘𝐦
If they replace her with their own people to operate, in half a year, Bai Qing would obediently hand over her chips, or Jiangcheng County Government would hand them over.
Whoever hands over first can taste the meat, and whoever does it last won’t even get a sip of the soup.
Wang Junsheng asked: "Just let him pass the hand once, earning him ten million, yet he’s still not pleased? How much does he want to make?"
"This... the other side has not communicated with us."
"Try to contact again, say that we can offer three hundred and thirty million. If he doesn’t agree, try to probe his bottom line, or else we won’t be at ease."
Wang Junsheng had calculated, even if Li Yang stood on Bai Qing’s side, it wouldn’t be too much of a threat to himself.
Just the small difference always makes him worry about trouble.
Among the shareholders, there was still one holding 1.2% that hadn’t responded, and two others holding 1% each, one of which is Bai Qing’s aunt, and the other cannot be contacted.
The rest are small individual shareholders who can’t be contacted, and the chips in their hands are less than 2%, indicating they washed the market quite successfully.
Half an hour later, the person responsible for calling Li Yang came back.
"Old Wang, Li Yang over there said he wants five hundred million."
Upon hearing this, Wang Junsheng immediately cursed: "This bastard is crazy! Five hundred million? How could he even say that? Turning it over once and earning two hundred million, where in the world is there such a good opportunity! Tell him directly, we’ll only recognize three hundred and fifty million at most, but if he stands on our side, we can give him an eighty million bonus."
The former would be directly buying the shares in Li Yang’s hands, while the latter would require Li Yang to give them his voting rights, and the shares would still belong to Li Yang.
Wang Junsheng understood clearly that Li Yang wouldn’t accept the latter, since he invested three hundred million and only had two hundred and forty million left. Even with an eighty-million bonus, he wouldn’t profit.
If another limit down occurred in Green Water Group later, he’d still lose money.
