Volume 1: Text_Chapter 698 Drinking to quench thirst
"The G family?, the G hotel?" Adele frowned.
"Yes, Miss Adele!" the director nodded, "A seven-star hotel we invested in in the Desert Country has been robbed by Group G.
To make matters worse, the G family took advantage of the turmoil caused by the chairman's plane crash to the group, and we at the Carlton Group recently had internal turmoil, and they took advantage of this opportunity to buy a batch of shares in the market.
Although they are all mainly retail investors, they add up to a lot of shares. Now the G family is the fourth largest shareholder of our Carlton Group, and we have a strong voice in the Carlton Group. ”
The director told a barrage of bad news.
G Group, which is well-known all over the world, operates G Hotels, which is the world's top luxury hotel.
The G family, which has been immortal for hundreds of years, is a famous ancient aristocrat in Europe.
In the hotel business, the Carlton Group can compete with the G Group. However, in terms of heritage, it is more than a step worse than the G family.
Now, the Carlton Group is in crisis, and there is the shadow of the G family behind it......
This makes things even trickier and worse.
"How did you let the G family buy so many retail shares, and became the fourth largest shareholder? What did you do? Don't you even notice it?" said Adele with some annoyance.
The seven-star hotel in the desert country was robbed by the G family......
This is a big blow to the Carlton Group.
A hotel, which is nothing in the first place.
However, the fame of that hotel is just too great.
At such a sensitive moment, almost the eyes of the whole world are staring at the Carlton Group to see if the Carlton Group can survive the current hurdle.
The belonging of this hotel has a strong symbolic meaning.
This hotel was originally conceived by the Carlton Group, and a lot of preliminary work has been done, which has been reported in the media all over the world.
That hotel has also become one of the symbols of luxury in the desert country.
Therefore, this seven-star hotel was snatched by the G family, and the blow to the Carlton Group was much more serious than imagined.
Many of the shares of the Carlton Group were quietly acquired by the G family, which made it even more troublesome for the Carlton Group.
"Of course we noticed it, but we couldn't do anything about it! The old chairman had just had an accident, the company was in chaos, the stock was falling, and we couldn't form a unified opinion within ourselves.
The G family took the opportunity to buy our shareholders, and they assured us that our shares would not be affected if they took a controlling stake in the Carlton Group.
The Carleton Group will continue to operate independently. That's why some people are moved......"
The shareholder glanced at Basil with some annoyance.
You don't need to ask to know that the person who is excited must be Basil.
"I'm also doing it for the good of the group!" Basil's face was ugly.
Being scolded like this...... It makes him very shameless!
In particular, his current situation is not very good.
"At that time, the old chairman's accident was maliciously exaggerated, and in addition to G Group, there were some other competitors who were also happy to see our Carlton Group collapse, so they added fuel to the fire.
As a result, the company's stock plummeted. At this time, someone buys the shares of retail investors in the market, although we know that the G family made the move with malicious intent, but we can't help it.
At this time, we simply can't come up with the money to snap up stocks with the G family. Although our company had the right of first refusal, there was no one in charge of the company at that time, and large-scale funds could not be used at all.
And ......"
Speaking of this, Basil paused slightly, glanced at Adele, and said:
"Moreover, the liquidity on the company's books is already very small. Our company is in a very bad situation right now, there are large amounts of arrears outside, and our company also owes a lot of money to others.
In recent years, the old chairman has taken too big a step, and has invested in several large projects one after another, including a seven-star hotel in the desert country, with an investment of hundreds of billions...... There is a lot of pressure on our company's liquidity.
Even if we reach an internal agreement, it will be difficult for us to compete with the G family because we can't come up with the money!"
Adele's brow furrowed.
Although she is not very in charge, she also knows something about the company's situation.
Dad has invested in several big projects in the past few years.
It's a fact that money is tight.
But these projects are all gold projects and have a good future.
Once the momentum is relieved, the Carlton Group will also go to the next level.
Perhaps, this is also the reason why the G family couldn't help it and chose to make a move at this time.
They couldn't sit back and watch the Carlton Group grow and surpass them.
"The company is really in trouble. However, the old chairman's investment strategy was absolutely not wrong...... On the surface, the company looks like a cash flow crunch and the situation is critical, but in fact, the real situation is not so bad!
You are all old employees of the company, you should understand!"
Adele's gaze swept over everyone, and her cold voice was a little majestic.
"The operation of the group has always been in a virtuous circle, if you can unite as one, where will there be an opportunity for the G group to intervene?
I'm afraid, some of you are worried about things and are pinning your hopes on Group G...... Do you really think that G Group's commitment can be fulfilled by its promises?
The G family has been developing for hundreds of years, how can they sit idly by and watch the rise of the Carlton Group? Even if it is true as the G Group said, they let you keep the shares in your hands and not move your shares.
However, if the G family is allowed to manage the Carleton Group, I believe that within a few years, the Carleton Group will definitely collapse, and the business will be swallowed up by the G Group little by little.
When the time comes, what will your shares be worth?"
Adele's tone was strong.
The faces of several shareholders, including Basil, are getting more and more ugly.
What Adele said, they had thought about it before.
However, at that time they simply had no other option.
If they don't cooperate with the G family, they won't even be able to protect the shares in their hands.
By cooperating with the G family, you can at least be temporarily preserved. As for the future...... More on that later.
"There is an ancient saying in Xia Guo, which is called drinking water to quench thirst. Meaning, a person who is thirsty drinks arsenic to quench his thirst...... A highly toxic medicine.
In the end, that person will only die more miserably. Uncles and uncles, you are all wise men, how can you do things to quench your thirst?"
Adele's repeated remarks made several shareholders present, some of whom turned red, and some clenched their fists......
Obviously, they were all touched.
Who are they?