Chapter 151: With Hope, Only Hope Will Be More Desperate

Shares of Sealell Industries plummeted by nearly 50 percent, and Sam Redmelin's coffee almost fell to the ground in shock.

What are you kidding, it's only 9:15 a.m., and the stock market has only started fifteen minutes.

Without any further delay, Sam Redmellin quickly got up and followed Seth Bakken to the market trading department, and when he saw the screen of Reuters, he knew that he was afraid that he had to make a decision.

Citchell Industries, 1.38, -49.89%.

"Do the people of Citchell know what's going on?"

Sam Redmelin asked cautiously.

"I called the president's office and no one answered, but the head of the board secretary told me that President David Citchell was working with the board on a solution. ”

"Didn't receive any message. ”

"There are rumours in the market that there may be fraud in the finances of the Citchell Industries Group. It was also said that they had been cut off from Rolls-Royce's orders...... and ......"

Under Sam Redmelin's inquiry, Seth Beckon gave a general idea of what he had heard, but as he spoke, his words were interrupted, and it seemed that he didn't know whether to say something or not.

"What else?"

"I've just heard people say that Citchell Industries owes us a lot of money that's coming due, and if they don't, they're going to go bankrupt. ”

"Walter?"

Sam Redmerin looked confused, as the president of the Bank of Baring, he knew best whether the Cicell Industries owed them money, not at all.

And so on –

Suddenly, Sam Redmellin thought of something, and his face became extremely ugly.

"Call Citchell right away, they have to fix the problem as soon as possible. ”

Seth Bakken didn't know why his boss's expression suddenly changed, but out of duty, he still mentioned the issue of Cicell's risk control in the mortgage of the bank's securities assets.

"So what are we going to do about it? ”

"What if..... I mean, if, then, it has to be done in accordance with the regulations, you know what I mean. Now, call Sealell as soon as possible. ”

“......”

Birmingham is the largest industrial city in the UK.

The city, due to the presence of a large number of businesses that gather many workers and technicians, is the second largest city in the whole of the United Kingdom after London.

The Cicell Industries Group is in the heart of this kind of industrial area of the city.

At this time, the contingency plan was finalized with the board of directors, and David Citchell couldn't help but have a smile on his face.

As the world's third-largest stock exchange centre, the London Stock Exchange is the oldest stock exchange in the world, and it was responsible for the prosperity of the British economy at the time.

However, with the changes in the domestic and world economic situation in the United Kingdom, its strong conservative color, especially the stereotypes and bad habits that followed, seriously hindered the development of the British stock market and affected the competitiveness of the factory midfield, in this situation, during the Margaret Thatcher line, the London Stock Exchange underwent a major reform in October 1986.

For example, the fixed commission system has been reformed, large companies have been allowed to trade directly on the exchange, the eligibility of members has been relaxed, and wholesalers and brokers have been allowed to operate at the same time: all securities transactions have been computerized, and the New York and Tokyo stock exchanges have been linked to enable 24-hour global trading.

These reform measures have brought about fundamental changes in the UK securities market and strengthened its position in the international securities market.

Now, with the board of directors funding to protect the disk, coupled with the announcement of the acquisition of Rolls-Royce, I believe that the bears in the market will definitely be taught a hard lesson.

David Citchell forgot the fear in his heart before he didn't want to admit it, and felt that this kind of thing was always unreliable, didn't it?

A mere Oriental, in the land of Great Britain, is simply an ant that can be crushed at any time, and it is only the idiots of the Bank of England that he will lose face.

With a confident smile, Citchell stood up from his chair and said to the board members present: "Thank you very much for your support, I believe that we will teach those international speculators a lesson." ”

"Oh. David, we have always believed in your power. Now there are no other problems. ”

"Of course. It's just a small problem. I can handle it with ease. ”

Knock –

Suddenly, the door to the closed conference room was pushed open from the outside, and Freddy Bell, the head of the board secretary's department, who was in charge of the securities department, rushed in in panic.

"Boss. We're in big trouble. ”

“.......”

Five minutes later, David Citchell and the board of directors showed up in the market trading department.

On the huge central screen, the numbers in the handicap range reflect a dazzling red light like a river of blood, and the chart is like a waterfall falling from the sky, which is enough to burst anyone's powerful heart.

Citchell Industries, 1.38, -49.89%.

The confidence and composure on David Cicell's face was completely gone, and he grabbed Freddy Bell by the collar and roared.

"What's going on, I didn't tell you to stabilize the market price before I come back. ”

"Sir. I'm sorry, but I did my best. However, it is not of much use...... The Bank of Bahrain just called, hoping that we can pay attention to market risks. ”

Freddy Bell blamed himself for his frustration.

Until then, he had done everything in his power to maintain the share price of Citchell Industries, but the market was like a wild horse, and no matter how much money the company invested, it could not prevent the market from collapsing.

Freddie Bell didn't know why there were so many sell-offs, but he knew in his heart that the Citchell Industries Group was probably going to be finished.

In '83, the United States fell into a recession under the oil crisis, and in order to attract American capital, by '86, the London Stock Exchange stimulated the development of the capital market with over-the-counter leverage and lower commissions.

As stock exchanges open up OTC market trading, OTC stock traders tend to open positions with three to five times leverage.

By the time the Citchell Industries stock fell to 28 percent, Freddy Bell had anticipated big trouble, but it was too late.

He desperately used the 300 million pounds that the securities department could use to maintain the stock price, but under the continuous liquidation of the market, the 300 million pounds could not hold up for even two minutes, and he could only watch the company's stock sink again and again.

Hmmm-

A muffled snort of pain suddenly sounded, and as David Citchell walked into one of the shareholders in the trading department, clutching his chest, his old face wrinkled, and slowly fell to the ground.

When a person reaches old age, he should be waiting for retirement, but suddenly, his wealth has shrunk by 50 percent, and the huge gap is no longer something that a person of his age can bear.

"Hughes. What happened to you. Call an ambulance. ”

“......”

In the panic, the majority shareholder called Hughes was carried out.

But for the major shareholders who are still there, it's like watching their own ends.

"Citchell. We need an explanation of what exactly is going on. ”

"Citchell. You have disappointed us, we trust you so much, but you have caused us to suffer this loss. ”

"David. What exactly happened. This decline is by no means unusual. ”

“......”

Facing the major shareholder and his own father, David Citchell couldn't bother to answer, only a demonic whisper and a demonic smile kept emerging in his consciousness.

The terrifying eastern face, in the dark eyes, seemed to say: Die, bed bug.

"President, what do we do now. ”

Calm down!

Calm down!

Under Freddy Bell's inquiry, David Citchell finally used reason to suppress the panic and uneasiness in his heart, at this time, if he panicked, it would really be over.

A 50 percent drop is not hopeless.

"Gentlemen, this is not the time to argue about the issue, and I need a little time to deal with it. And, things aren't as bad as we thought. ”

"We have £600 million to spare, and if we get the news out of our acquisition of Rolls-Royce Motor Cars before that, we will certainly bring in more money to buy. ”

“.......”

"Don't look at me as just a sheep, the green grass has become more fragrant because of me......"

Canary Wharf, Capital One Management.

Someone is like a bird, flapping his arms and singing incomprehensible or speechless songs, monotonous and broken voices, idiotic and absurd lyrics.

William couldn't figure it out, a little profit was a little profitable, why was his boss so excited.

Stocks, after all, are not futures.

The £23 million built on the Sealell Industries Group, no matter how much it falls, will not be able to make a profit of that amount.

It's a pity that from William's point of view, he can't understand what Shen Jiannan is paying attention to, if he knows, he will definitely be thought that his boss is a crazy person.

Wealth is not exposed, the golden mean.

Any Chinese understands the risks that wealth brings, and also knows the danger that making a head bird may eat a gun.

Of course, Shen Jiannan also understands this truth.

However, he understands that a crisis is actually an opportunity.

Just like the stars.

Groups other than celebrity fans will feel that chasing stars is idiotic and brainless, but for fans of a certain deer, even willing to give away their bodies, only other black fans will not scold him.

Quietly, what a great mind control.

Speculation is not much worse in the industry, wherever George Soros in the original trajectory goes, there will be countless speculators following suit, and even the media controlled by the government will follow his logic to analyze his logical factors.

was brought into a subjective consciousness without knowing it, and even became a tool to cheer for him. In some markets, there are even concept stocks with the concept of Brother Xiang, as long as Brother Xiang comes out, the stock price will rise immediately.

In the financial market, if you become a god, you are truly a god.

At least, it looks like it works out very well.

30 million pounds, 10 billion pounds evaporated, is there a better effect than this?

Humming the song, the smile on Shen Jiannan's face became brighter and brighter, HSBC is probably waiting for him to return to Hong Kong to renew his insurance now, and when the time comes, he can give these guys a luxury gift package.

But if you play with the British all the time, will the British be disgusted to death?

"Boss. Just now I asked a friend at Westminster Bank about it, and there are still 60 million shares in their marketing department's three-fold leveraged position, which is estimated to be similar to that of other investment banks.

On the side of Jiuding Bank, there are more than 5 million shares. Other banks, for sure, have them too. If these positions are blown up, it is estimated that Citchell will collapse completely. ”

"William. You don't know the joy of trading at all, and you have to give them hope to make the market more desperate. ”

“......”