Rebirth: Dominate The World, Starting From The School Network

Chapter 491 An Internal Email Caused The Stock Price To Plummet

A high-level meeting lasted for two hours.

After the meeting, everyone looked a little excited.

Because they have all foreseen how big the development prospects of online live broadcasting will be.

future.

Online live broadcast will become the cornerstone of the group's traffic pool like the group's social platform.

After returning to the office.

Lu Yi had a phone call with George Edward and asked the other party to inspect the Justin.tv live broadcast company and make contact to see if he could directly acquire Justin.tv as a wholly-owned subsidiary.

Lu Yi talked with George Edward for more than an hour and explained that the group would make a layout for online live broadcasting.

George Edward raised his hands to support Lu Yi's decision.

He is the general person in charge of the North American film division. He has long been paying attention to Justin.tv, which is very popular in North America, and he continues to pay attention to it.

After half a year of observation, George Edward determined that the field of online live broadcasting is very promising.

He was planning to find time to report this matter to Lu Yi within the next two days, but Lu Yi had already noticed it and had already made up his mind to make a layout in this area.

After finishing the phone call with George Edward, Lu Yi called European Film Director Tini Falater to communicate and asked her to investigate the online live broadcast market environment in Europe.

After receiving Lu Yi's instructions, George Edward and Tiny Farat also took action one after another.

the other side.

after the meeting.

In the afternoon of the same day, the group president's office sent an email to all its companies to increase revenue and reduce expenditure.

The email caused quite a stir within the company.

soon.

The relevant email information appeared on the Internet, which immediately detonated the Internet, and countless netizens discussed it.

"Damn it! Is it fake? This must be fake!"

"Upstairs, are you blind? Didn't you see the red seal?"

"What's going on? Is there something wrong with Future Group?"

"What's so surprising about this! Although Future Group is not short of money, the current global economic environment is so bad. Future Group's profits have dropped sharply, but its expenses have not decreased, so it can only increase revenue and reduce expenditure."

"Not bad! Future Group is doing well. It is just increasing revenue and reducing expenditure internally. Some unnecessary expenses have been cut directly. There is no mention of layoffs or salary cuts. I don't know what you are excited about.

"Yes! I really envy the employees of Future Group. In this financial crisis, they don't have to worry about layoffs and salary cuts. Looking at our company, we have received a layoff notice from the superiors. They will lay off 30% of their employees. I hope there will be no more employees. My name. If I get laid off and can’t find a job, I’ll drink from the northwest wind. How can I survive if I have an old man above me and a young man below me!”

"We are all miserable people in the world! I am on the layoff list of our company. I am looking for a job now. I am running into obstacles everywhere. I am almost desperate!"

"Even Future Group has started to increase revenue and reduce expenditure, which shows how severe the impact of the current financial crisis is."

"I don't know when this financial crisis will end. Our company is already on the verge of bankruptcy because the economies in Europe and the United States have been hit hard, and our company is engaged in export trade. The goods cannot be sold and are backlogged in the warehouse. , I lose a lot of money every day and I can’t survive!”

"According to the analysis of some economists at home and abroad, this financial crisis may not end until next year. There is still one year left, and it is nowhere to be seen now."

"Actually, our country has been relatively less affected by the subprime mortgage crisis in North America. Europe and the United States are really miserable. Countless companies have gone bankrupt and the number of unemployed people is increasing every day. The government can be said to be Alexander."

"Yes! Europe and the United States have always had a tradition of zero-dollar purchases. Once these unemployed people raise their voices to cause trouble, it will be even worse for the European and American governments!"

"I just laughed! My job is in jeopardy right now, and I am still worried about whether there will be a zero-dollar shopping boom in Europe and the United States. If I have that thought, I might as well work hard to avoid being laid off."

The email about increasing revenue and reducing expenditure within the Future Group was like a bomb, causing discussions among countless netizens in China.

However, the focus of discussion soon shifted to the global financial crisis caused by the North American subprime mortgage crisis.

no way.

If only a small number of domestic and foreign media were reporting on the North American subprime mortgage crisis when it came out last year, then by now, the subprime mortgage crisis has evolved into a global financial crisis and is in the stage of full diffusion. Related news every day There are countless reports.

No matter how little information people have, it is impossible not to hear any rumors.

Even those old men and women are talking about the financial crisis.

Future Group's internal emails are not only circulated on the domestic Internet.

The same is true overseas.

However, it is different from the domestic impact.

After people abroad saw this internal email, those investors who bought shares of Future Group went crazy.

Why?

Because this month is when major listed companies announce their fourth quarter financial reports last year.

At this time, Future Group not only did not send an email to encourage everyone, but instead asked the internal open source 777 to reduce expenditures.

What does this mean?

This shows that Future Group's revenue fell sharply in the fourth quarter of last year and its profits shrank significantly.

Although in the second and third quarters of last year, due to the impact of the subprime mortgage crisis, Future Group's revenue and profits declined, this was within people's expectations.

Revenue and profits declined in the fourth quarter of last year, which is inevitable.

But at this time, Future Group sent such an internal email, which was directly understood by outside investors as the magnitude of the revenue decline of Future Group in the fourth quarter of last year, exceeding outside predictions.

As a large group like Future Group, analysts from investment banks will make a performance forecast for every revenue interpretation.

Last year, the magnitude of the revenue decline of Future Group in the second and third quarters was within the forecasts of these analysts, or even less than expected.

But now.

This internal email made investors think a lot at once.

That day, after the North American stock market opened.

During the collective bidding stage, Future Group's share price immediately dropped by 10% at the opening.

After the market opened, the selling pressure continued to increase, and the stock price continued to plummet.

At the end of the day, Future Group's share price fell as much as 20%, closing at 122.8 meters of gold, and its market value once again fell below the 100 billion meter mark. .

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like