MTL - Rebirth of Hong Kong 1981-Chapter 1004 Acquired Wang An Computer
Chapter 1004 Acquisition of Wang An Computer
The other side of the ocean
U.S
As the second Black Monday continued, the U.S. stock market continued to fall. Among the more than 1,600 stocks listed on the New York Stock Exchange, only a few dozen stocks rose, and the rest all fell.
Among them, many representative blue-chip stocks fell horribly. Almost all the stocks of large companies fell by about 30%. For example, General Electric Company fell by 34%, and Telegraph and Telephone Company fell by 20%. Nine, Coca-Cola fell 36 percent, Westinghouse fell 45 percent, American Express fell 38 percent, Boeing fell 29 percent…
As early as last week, many companies have responded to the call of the White House and launched a series of repurchase plans, but major listed companies have limited funds in the stock market crash, and it is impossible to use all of them to repurchase their own stocks.
Therefore, even if a small number of companies initiate repurchase, it will only repurchase a small part, and will not substantially restore the original share price.
Among them, the most serious decline in technology stocks was Wang An Computer.
Wang An Computer, which was at its peak, handed over the management of the company to his son after Wang An, the founder of Wang An Computer, was diagnosed with cancer last year.
It stands to reason that this kind of inheritance of the father's business is a normal phenomenon in Chinese thinking, even in some European and American companies.
For example, Wal-Mart, such a typical family-owned business, is one of the representatives, so there is no problem in inheriting the father's business.
However, Wang An misestimated his son's ability.
It is often said that a tiger father has no dog son
However, in fact, this sentence can only be fulfilled by very few people, and this is the normal standard.
The stronger the father, the weaker the son, this is an inevitable truth, even the royal family is no exception.
The management of Wang An Computer Company strongly opposed the succession of the crown prince from the very beginning.
Since last year, Wang An Computer Company has started to suffer losses. Several mistakes made by his son have damaged the interests of the company. Wang An, the father, is also very disappointed.
But no matter how disappointed he is, he is also his son, so Wang An did not want to replace his son. He opposed further support for his son and opened up to the management of the company.
In Wang An’s opinion, the management of the company did not cooperate with his son and kept resisting his son taking over the company, which caused the company to fall into a struggle, which led to the current situation.
However, man is not as good as God.
This stock market crash suddenly awakened Wang An's fantasy.
Before, it was just that the management did not trust his son, and now even the investors do not trust his son. The market value of Wang An Computer has plummeted, which is proof that it far exceeds other technology companies.
It is difficult for his son to be a big boss, and Wang An is not an ordinary person after all, so he even thought of replacing him.
Today, Wang An Computer is still the largest computer company in the United States. The annual revenue of 2 to 3 billion US dollars is the biggest strength of Wang An Computer. Therefore, as long as a good manager is found, it may not be impossible to continue to develop Wang An Computer. grow.
dong dong—
Just when Wang An was thinking
There was a knock on the office door
"Come in"
"boss"
"What's the matter? Manager Chen"
"Boss, there is news just now that someone is buying our company's stock."
"Press?" Wang An was stunned when he heard the words, and then said, "Is there any problem?"
Although Wang An Computer was initially disliked by investors, it was just not optimistic. Some people still believed that Wang An Computer would not collapse so soon.
In Wang An's view, in this stock market crash, it is normal for someone to buy one's own stock and continue to be optimistic about it.
‘Is it necessary to make a fuss? 'Wang An shook his head.
Manager Chen: "Boss, you'd better take a look and then talk about it!"
Wang An took over the data from the stock exchange and took a look at Wang An Computer's stock trading situation, and soon his face showed a solemn expression.
Manager Chen said in a timely manner: "Someone is buying our company's shares in large sums. According to the data from the exchange, they acquired more than 10% of our company's shares in the morning..."
After reading the data, Wang An couldn't help but ponder. If someone bought a small amount of the company's stock, Wang An might not care much, but now the situation is not right. He bought 10% of the outstanding shares in the market in one morning. what?
Wang An: "Do you know who the other party is?"
With such a large acquisition, the identity of the other party is definitely not simple, and it is impossible to find out any information. As long as the identity of the acquirer is clear, then the problem is not very big.
Wang An believes that as long as he is still alive, no one will take it away from Wang An Computer Company.
You must know that in order to open up the Asian market earlier, he deliberately resold 20% of his family shares to the Yang Consortium. The Yang Consortium has always supported him. With the support of the Yang Consortium, Including the shares held by himself personally, the shares held by the two have been more than half.
In Wang An's view, as long as the Yang consortium didn't take action, it would be useless for anyone to buy their own company's stock.
Manager Chen shook his head and said, "The other party entrusted Goldman Sachs Group to acquire it as an agent, but I called Goldman Sachs Group. The other party refused to say who it was, but just told me that if the boss is curious, you can call and ask yourself."
"Goldman Sachs" Wang An was taken aback for a moment.
The development of Goldman Sachs over the years can be said to be quite dazzling on Wall Street. Since its cooperation with the Yang consortium, Goldman Sachs has become more powerful every day, and now even the economic decision-making of the White House has Goldman Sachs.
For a long time, in the eyes of many people, the rise of Goldman Sachs has a very strong color of the Yang family, because every step of the rise of Goldman Sachs has a shadow of the Yang family consortium behind it.
Therefore, when Wang An heard that Goldman Sachs was buying shares of Wang An Computer for someone, his first thought was the young man who had met him several times.
Thinking of what the other party said to him last time, he was still strange at that time and didn't understand the meaning of the other party's words very well. Now it seems that the other party is thinking about his company.
After Wang An figured it out, he looked up at Manager Chen on the opposite side, and asked, "Manager Chen, where has our cooperation with Yang's consortium reached?"
Manager Chen: "Boss, it has entered the second stage, but due to the lack of talents in Xiangjiang, many projects are not progressing smoothly."
"I see"
When Wang An heard this, he quickly understood why the other party was impatient when he was not dead. His feelings were because of these talents in his company.
——
(end of this chapter)
