Chapter 236: Noble Definition Right
One day in late October, on Prince of Wales Street in the heart of Sydney, an office building with dozens of floors.
This is where the headquarters of the KG-SeaFood Group of Companies is located. Charles Lee, chairman of the KG Group, doesn't usually come to the company every day, but today he is worried.
Because he has a very ominous premonition, since earlier this week, the Indonesian slave and piracy scandal has been repeatedly and highly concerned by the international community, Charles Lee's company has also been gradually involved.
It's just that everyone's focus was not on Australia's side at the beginning, and there was a weekend interval in between, so the stock market had no time to react on two off-days.
However, after all, everything can't be covered by paper.
One of the worst news at the moment is that the reporter Pierre, who escaped undercover, and his companion Jeanne were actually nominated for this year's Pulitzer Prize for journalism by AFP!
The Pulitzer is the world's highest journalism award, and of course not only Oceanians have won the prize, but also French people. Naturally, AFP has their own channels to help them be shortlisted, and the final award will not be won until the end of the year.
To tell the truth, if a foreign non-governmental international news is not followed by the Pulitzer Prize, then there are still relatively few ordinary people who know about it.
In other words, you can put yourself in the shoes of an ordinary citizen in the interior of China, would he be concerned about the existence of the newfound slavery in some corner of Africa?
Only those liberal arts students who pay attention to international relations and related majors will eat these melons. And for ordinary people who mainly support their families, what does it matter to him whether foreign slaves are slaves or not?
In China in 2000, no more than 20 percent of the citizens knew that there had been a Black Hawk fall in Somalia, and no more than 20 percent of the population knew that there had been a massacre between races in Rwanda.
However, once an incident becomes the background of the Pulitzer Prize for journalism that year, the popularity will explode many times in an instant - roughly equivalent to the difference in attention between an art film before and after winning the Oscar for Best Picture. In later generations, before and after "Green Book" won the Oscar, the difference in the number of viewers who watched it was dozens of times!
"The French are using Gu Kun as a gun for nothing, damn it! The French have common interests with Gu Kun in this matter!"
Charles Lee complained hatefully, venting the pressure in his heart.
He had been sitting in the office worrying until late at night, and after dinner at the company, he still had no intention of going home, just wanted to lean on the sofa for a while, and then ask the female secretary to prepare a supper for him, he had to stay up late tonight.
The reason for this is that he has to wait for the verdict from the London Stock Exchange.
Australia does not have a mature stock trading market, so many Australian resource tycoons are listed on the London Stock Exchange, such as BHP Billiton, which sells iron ore, and focuses on listing in London.
KG, Australia's No. 1 seafood giant, is also listed in London, a company that accounts for 40% of Australia's national seafood exports, and before the incident, the London Stock Exchange had a market capitalization of 7.5 billion pounds.
London time is 10 hours behind Sydney time, today is Monday, and the Sydney side will not open until 7 p.m., when the London side opens at 9 am.
"咣~咣~"
The luxurious classical table clock on the side of the wall struck seven times, and Charles Lee was in good spirits, looking at the screen in front of him, and the real-time data of the stock price had begun to update.
Because of the delay in network transmission and processing relay, it was only a minute or two later that Charles Lee saw his company's stock price jump out in the first round.
He was immediately taken aback by the first number.
"£16.7 per share? Am I right? It opened with a drop of 2 dollars and 6 OMG!"
People who don't pay attention to the stock price of KG Group may have no idea about this number, but if you look at a few reference numbers, you will know that it is powerful.
KG Group's highest price per share in the last two weeks has peaked at 22 pounds a share, but that is not counted, it is only the kind of real man in three seconds, or the scandal is far before it happened.
Last week's average share price was later calculated to be around £19, and last Friday's final closing price was around 400 million shares of 19 Group, not all of which were outstanding, so it was estimated that the total market capitalisation of last week was around £7.5 billion.
And today, Monday, the London morning market fell 2 yuan 6 to 16 yuan 7 as soon as it opened, which is proportionally equivalent to a 13.5% decline in the first moment of opening, which is already an exaggerated figure.
You must know that because there is no price limit system in the European and American stock markets, the rise and fall are relatively even, and the rise and fall of the day will not be concentrated at the moment of opening. (Many domestic A-share stocks fell by 10% in one day, and they all fell at the opening, because of the limit limit, and the downward pressure that should have fallen the day before was not fully released)
So, on the London Stock Exchange, a 13.5% drop at the opening means a drop of at least 20% throughout the day, and possibly even 30%!
At the moment of opening, nearly 1 billion pounds of market value had evaporated! This is very outrageous for a company with a relatively high net asset per share ratio and mainly low-end industries.
The market value of seafood trading companies is still relatively solid, because the technology content of this industry is not high enough, and everyone values more about how many transport fleets, aircraft logistics, fishing fleets, and processing plants you have, which are all solid physical assets. The part of intangible assets is more just a brand, as well as the entire supply chain channel and customer network.
Charles Lee was destined to be unable to sleep tonight, staring blankly at the screen for two hours without moving, watching the drop widen from 13.5% to 15%, 18%, 20%......
By the time London time closed at noon, it was also more than 10 p.m. in Sydney, and the 20% decline mark had been broken.
Taking advantage of the market closure, in order to relieve the annoyance in my heart, I turned on another TV in the office, checked some related news channels, and found that the scandal about the attack on the KG group for squeezing the supply chain through the indirect slave trade has been more and more interpreted and criticized.
"Boss, do you want me to arrange a car to take you back to rest......? There's nothing to do, right?" the assistant saw that the boss's face was red for a while, black for a while, and white for a while, and he was also a little worried, and wanted to persuade him to go home and sleep while London was closed at noon.
", can I sleep until the London closes today!, bring me nifedipine!" said Charles Lee, who was pale and shuddered, smashing an ashtray.
The assistant retreated, not daring to say anything.
The chairman does not get off work, and he has to stay to watch the market, which means that other executives can't get off work, but can only consume.
However, those grassroots employees didn't expect to climb up, they didn't care about good fortune, they should have done what they should have done a long time ago. Anyway, the company went bankrupt, and ordinary employees just changed units and continued to work, so they had a sense of belonging.
Charles Lee switched from cigar to pipe, smoked one after another, bucket after bucket, and combined with two tablets of nifedipine to lower blood pressure, and struggled to survive the lunch break in London.
The reopening in the afternoon gave him another blow in an instant.
Compared with the market break before noon, it fell by 5 percentage points! Now the decline on the day is already 26 percent!
In the second half of the night, when the London market finally closed, the decline peaked at an exaggerated 35%.
"Oh no! The chairman is in shock! Call for an ambulance!" As Charles Lee gradually collapsed on the sofa, his assistant was afraid of his usual obscenity, and did not dare to disturb him for the first two or three minutes, so he delayed a little before he found out.
……
Because of his advanced age, he was too anxious that day, stayed up late, and overdosed on drugs and tobacco, the boss of KG Group did not survive this hurdle after all, and was hospitalized with a heart attack and cerebral hemorrhage that night, and relied on medical equipment to survive for a few days, and finally burped before the end of October.
It was also his own death, when he was dying after a stroke, he was just paralyzed and unable to move, but he was also a little conscious when he returned to the light, but unfortunately this guy didn't give up, he had to look at the real-time stock price, and a nurse was forced to show him helplessly.
Then he was shocked to find that when he lost consciousness, he only fell from a market value of 7.5 billion pounds to 5.5 billion, but now it has fallen to 5.5 billion, leaving only 2 billion! 73% of the market value has evaporated! Only 27% is left! In the two or three days of being in a coma, most of the company has fallen!
This irrational curiosity completely ruined him, making him kick his legs directly after reading it.
An Australian dog who squeezed sweat slaves ended his sinful life and traded with his human blood lobster.
There is no way, who let the Pulitzer matter ferment, the market expectations of the Western world for this company directly collapsed, and I feel that this heinous slavery company will definitely not be able to sell goods in the future, at least this signboard is completely abolished, and only a little net worth can be divided and sold to deal with the return of the capital.
It is also clear in the sky that it has fallen so much, and everyone knows how powerful and arrogant the Virgins of the Western world have been over the years.
The news of Charles Lee's death spread to Southeast Asian countries and to the mainland of China, which also caused a wave in related industries.
Those seafood industry tycoons in Southeast Asia were further vigilant and panicked, and they didn't dare to wipe Gu Kun's edge anymore, lest they accidentally cut their hands.
"We might as well not sell Aolong in the future, Aolong's signboard was made by Gu Kun, I don't know if it stinks in the Western world, it must be stinky in the Chinese market, and the Japanese and Korean markets may be a few percent more stinky than the current one. In the future, it will be called Aolong, maybe it won't be able to sell at a high price. ”
Some seafood giants have discussed this in private.
"But the cost of Aolong is higher than that of Qinglong Shanlong, and the taste is slightly better than that of Qinglong Shanlong, so you can't sell Shanlong at a loss, right? Besides, the Banda Sea and the Arafura Sea originally produced Australian dragons, which are also our local products. "Some seafood merchants in East Malaysia, Indonesia and the southern Philippines, and even Papua New Guinea, are a little unhappy.
"I think it's better to rename it in the future, all the lobsters produced in the adjacent waters of Southeast Asia and Oceania and actually belong to Aolong in terms of species, they will be named 'Lanfang Red Dragon' in the future, and let Gu Kun go upside down. It's a big deal to give Gu Kun the position of the second-tier dealer who was vacated after Charles Lee's death. ”
"That's a good idea, Gu Kun can't hack himself by himself. In addition to him, any other Western luxury goods that want to enter the Chinese market must worry about being hacked by the public opinion media controlled by Gu Kun. ”