People in Hong Kong create super chaebols
Chapter 851 I have a way
Henry stood up from his seat and faced the two dozen core members of Morley Fund at the conference table without any panic.
"We can sell the Huifeng Bank stocks in our hands, so that we can raise enough funds in a short period of time to cope with this redemption period. Only in this way can we have a chance to survive at Morley Fund Company." Henry said loudly.
However, as soon as Henry finished speaking, sarcastic sounds continued to come from the scene.
"I thought I had some great ideas, selling the shares of Huifeng Bank? Haha, I laughed to death."
"Young people are still young after all. If it were that simple, we wouldn't need to hold this meeting."
"There are only 9 days left before September 17th. Among these 4 days, two days are still weekends. There is no trading on weekends. This means that if we want to clear out our Huifeng Bank stocks, we only have two days. Go ahead and sell more than 4 million pounds worth of Huifeng Bank shares in two days. How is this possible?”
"That is, everyone here doesn't know that if you sell more than 200 million pounds of stocks in the open market within a day or two, it will undoubtedly be suicide. Although the British stock market seems to be good now, who doesn't know that there are still many investors who are afraid The oil crisis will affect the stock market, so there are not many buyers in the secondary market. A slightly larger number of sellers will suppress the price by a few points.
Not to mention the sell-off of more than 200 million pounds of stocks, which will definitely cause extreme panic in the market, and stock prices will plummet until all market liquidity and the courage of investors are exhausted.
Ultimately, the most likely outcome is that the market price drops significantly and most of our shares are unsaleable.
In this case, it is better to say that it is a high amputation than a broken wrist to survive! "
"This is so naive."
"I really don't know how Henry achieved his previous performance. Is this kind of idea an idea thought up by an elite researcher? I'm ashamed to be associated with him!"
Not to mention the researchers and fund executives on site, even general manager Erji Asensio and the other person in charge, Camilo Guerrero, felt that Henry's idea was too naive.
It's not like Asensio has never thought of selling all the Huifeng Bank stocks held by the fund company, so that he can at least tide over this difficulty temporarily.
However, as people at the scene said, it is too late to sell Huifeng Bank stocks now, because the time given to them by Molly Fund Company is not long.
As the general manager of a fund company, Erji Asensio has always been very optimistic about the development prospects of Huifeng Bank. Therefore, over the years, Mori Fund Company has always controlled a certain amount of Huifeng Bank stocks, and there are quite a few, such as Now, the Huifeng Bank stocks they hold in their hands account for approximately 3.58% of the entire stock issued by Huifeng Bank, and they are one of the top ten shareholders of Huifeng Bank according to public information.
Even Jerzy Asensio started paying attention to this stock ten years ago, and he still watched its stock price keep rising.
With Huifeng Bank's stock, Mori Fund Company also made a lot of money.
Because of this, this stock is also the stock with the highest market value controlled by their Morley Fund Company. Based on the market price, it is worth 2.24 million pounds.
If they were given a year and a half, they would definitely be able to find a suitable buyer.
Because Huifeng Bank is a high-quality stock among many European fund companies.
However, the time given to them now is too short, so short that they can't find a suitable buyer at all, unless they sell it at a price of 70 to 80%.
In this world, there are always people who take advantage of others.
But is it possible to close the deal at a price of 70% to 80%?
Of course not!
Because Morley Fund Company is definitely not willing.
If so, it would be better to just clear out the stocks on the Frankfurt stock market!
There will definitely be losses, but the losses they can accept cannot be too much.
"Henry, please sit down. We all have other ideas. Although some methods are unrealistic, it is courage to speak out. If you don't speak out, how will you know whether the method can be used?" Ergie Asensio looked at it. He glanced at Henry and then said to everyone. Henry was promoted by Ergi Asensio, and Ergi Asensio also knows his abilities very well, so Ergi Asensio will not condemn Henry, and now is not the time to lose his temper.
However, Henry had no intention of sitting down, he still stood there.
"Henry, do you have anything else to say? I said, this idea is unrealistic!" Seeing Henry like this, Ergi Asensio's tone also became serious.
"Boss, seniors, I may have a way to sell Huifeng Bank shares in the shortest possible time to collect the cash we urgently need." Henry said loudly again.
After hearing Henry's words, the scene finally became quiet.
"You said you have a way to sell all our Huifeng Bank stocks in a short period of time?" Erji Asensio asked in disbelief.
Others also listened attentively.
"Yes, boss, I really have a way, but I can't guarantee that a deal can be reached 100%. Of course, the probability of a deal being reached is not small. Because of this, I dare to say it at the meeting." Henry said solemnly said.
"Tell me carefully." Asensio said impatiently.
As long as they can really deal with Huifeng Bank stocks in a short time, thus ensuring the cash flow of their Moore Fund Company, then the difficulties of their Moore Fund Company will be over in a short time.
As for Frankfurt's stock, it is just a short-term plunge. As a fund manager, he knows very well that the stock price will rise back sooner or later.
Because the stocks they invest in are basically of very high quality.
The reason for the decline is simply due to the impact of the market environment.
However, no one knows when the stock will rise back up.
Even he didn't predict that Frankfurt's stock would plummet.
If we had known, there would not be the difficulties facing Morley Fund Company today.
"Boss, this matter should not be discussed publicly. I want to talk to you privately," Henry said.
"Henry what do you mean?"
"That's right, these are all core members of our Morley Fund Company. Are you kidding me?"
In one sentence, many people present were offended.
However, Henry didn't care at all and continued to look towards general manager Jerome Asensio.
Asensio knew that the meeting could no longer continue, so he simply announced that the meeting was adjourned.
"Henry, come directly to my office later!" Asensio said to Henry when he left the conference room.
"Okay boss, I get it!" Henry nodded and said.
He has a secret that he has kept in his heart for more than a year, and today this secret is finally going to be revealed. (End of chapter)
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