Chapter 258: Leading

"Now that the stock price of New York Life has risen to $16, our costs may continue to rise if we continue to make acquisitions. Pen × fun × Pavilion www. biquge。 info" Luo Hong couldn't help but have some objections to Ji'er's statement that she continued to exert pressure.

"When I say pressure, I don't mean continuing to acquire New York Life's shares, but proposing a re-election process for the board of directors, and with our current holdings of 1.5 billion shares, there are still some opportunities to re-elect the chairman and president of New York Life." Ji'er explained with a smile.

"Is that all?"

Although Zheng Fan nodded in agreement, he seemed to be dissatisfied.

"In fact, with the soaring price of New York Life stocks, we should have a sense of profit-taking, there are many ways to ship, block trading and options trading, relatively speaking, are good choices." Ji'er made a reminder to accept it when she sees it.

Zheng Fan, who was sitting at the conference table, took a puff of his cigar, giving people a feeling of calmness.

"The total share capital of New York Life is 5.1 billion shares, after we have raised the card five times in a row, the shareholding of New York Life has reached 1.5 billion shares, accounting for 29.41% of the total share capital, even if it is not far from the sixth listing line, and the original largest shareholder of New York Life, the Federal Reserve Bank of New York's shareholding as of yesterday, is still a lot behind." Ji'er took a sip of white water.

"As of yesterday's close, the Federal Reserve Bank of New York's shareholding in New York Life only reached one billion shares, which is still the result of counting forward options, accounting for only 19.60% of the total share capital." Luo Hong followed and finished explaining one of the situations.

"It's been very hard, before we acquired New York Life, the Federal Reserve Bank of New York held only about 8% of its shares, and in just two weeks, more than 10% of the shareholding has increased, which should not be underestimated." Erica, a short-haired woman in charge of the general services department of the holding company, spoke in a cautious tone.

"Now the stock price of New York Life is almost back to $20, I believe that not only us, but also the Federal Reserve Bank of New York, will not take the liberty of following up, especially if we maintain our lead, the Federal Reserve Bank of New York wants to form a rebound, it is still relatively difficult, but there is one thing that I am very concerned about, that is, the position of other shareholders of New York Life." When Zheng Fan said that, he couldn't help but show a sneer.

"Several major shareholders of New York Life have unanimously expressed their unwelcome attitude towards our brutal incursion, but there is not necessarily room for discussion, and now it seems that the Federal Reserve Bank of New York and Ford Motor are twisted into a rope on the surface." Minister of Justice Ruan Yuan's expression was very calm, so that people couldn't see what was going on in their hearts.

"Similar to the strategy of the Federal Reserve Bank of New York, Ford Motor has also increased its stake in New York Life in the stock market and through options, from 6% to 15% now, and if this part of the stake is added to the Federal Reserve Bank of New York, it is much more than our stake." Ji'er vaguely showed a look of annoyance, as if she was targeted when she went to New York.

"The Federal Reserve Bank of New York and Ford Motor Company are exactly doing this, uniting and relying on each other, and if we can't break this blockade of discourse, even if we propose a general election to the board of directors, it will be difficult to achieve any substantive results." Ruan Yuan went to New York with Ji'er, so she knew a lot about the situation.

"Even if they are shareholders of New York Life, their interests may not be the same, what do you mean by saying that there is room for discussion?" Zheng Fan looked at Ruan Yuan and asked with a smile.

"Some shareholders just want our shares, such as AIG, which has such strength, if we can transfer the shareholding of New York Life to AIG at one time, it can become a major shareholder, and AIG has a better advantage in controlling New York Life than our outside intrusion." Ji'er has the meaning of inquiry.

"Have you talked about it specifically?"

Zheng Fan asked with slightly narrowed eyes.

"AIG can commit to taking over our entire stake in New York Life at a market price of not less than $15, which would provide a significant capital appreciation gain for our low cost of ownership." Ji'er didn't shy away from others, and said the price that was heartwarming.

"In your opinion, is there any chance that you want to buy a 40% stake in the Mayo Healthcare Group from New York Life?" Zheng Fan asked Ji Er lightly.

"I'm afraid the boss is going to hit a wall, Mayo Medical Group is not only profitable, follow-up growth, but also determined by research, such a good asset, if it is not for New York Life is completely desperate and collapsed, it will definitely not be released, it is estimated that in addition to the boss, I don't know how many pairs of eyes are staring." Ji'er didn't hesitate at all.

"Boss, don't mention American International Group, do you know Enron?" Ruan Yuan seemed to want to say something.

"Enron is one of the world's largest integrated natural gas and electric companies, the number one wholesale seller of natural gas and electricity in North America, and a shareholder of New York Life." Zheng Fan smiled.

"This Enron company owns the assets of nuclear power, and we hope that our Tatfook Bank can invest in it." The Enron company mentioned by Ruan Yuan obviously prefers to cooperate with Tafook Bank.

"The average cost of our 1.5 billion shares in New York Life is $10.23, and the total cost is $15,345 million, and if it were transferred to AIG at a price of more than $15 per share, the huge profits would be obvious, and there does not seem to be a necessary correlation between whether we are partnering with Enron and holding an equity stake in New York Life." The blonde girl Ji'er has made a very comprehensive consideration for the interests of the New York Life Insurance Group.

"In the event that all parties want to compete for the largest shareholder of New York Life, there should be a follow-up rise in its share price, and you may be able to try to ask for more from AIG." Zheng Fan said with a slight cunning.

In fact, anyone sitting in the small conference room can see that Zheng Fan should be very moved by the price of $15 per share of New York Life, and the reason why he asked Ji'er to ask for more is more to keep the immediate interests.

"I can try it, but hopefully it won't be too big, and the price of $15 is estimated to be the limit of what AIG can pay." Ji'er was not too optimistic.

"Okay, let's talk about it first, if we can't reach an equity transfer intention with the American International Group, we also have a basis for reaching a distribution through market-oriented operations, at least now the stock price of New York Life is at $17, which has been out of our cost." Zheng Fan didn't seem very worried.

"If the acquisition turmoil continues to ferment in the future, is there a possibility that the stock price of New York Life will return to 20?" Luo Hong cares a lot about the stock price trend.

"I don't know if it can be re-launched to 20, but at least it is a hot investment variety, it will not go down for a period of time in the future, for the hype of acquisitions, the enthusiasm of the Western capital market to chase, often higher, but unfortunately the assets of Tafuyo Bank are limited, not enough to make people have too much room for imagination, otherwise the stock price of New York Life, even if it hits a new high, is not impossible." Although Zheng Fan was relatively conservative, he gave confidence to Luo Hong and others.

"Boss, I recently discovered that when we first entered the New York Life Insurance Group, Metropolitan Insurance Group, Ford Motor Company, and even American International Group were also involved in the bottom-buying funds, but unlike our acquisition of the sign, the involvement in the funds of other affiliated groups seemed very secretive, and it has not shown up until now." Luo Hong's expression was a little calm.

"If we are chasing funds, we will mostly lay out in advance on New York Life, but this speculation fund has intervened in affiliated groups and has not caused obstacles for us to acquire New York Life, which shows that we are relatively familiar with the operation of Tatfook Bank." Zheng Fan smiled faintly and had a little guess.

"That mysterious fund, speculating on the stock price of the related group, followed the rise of New York Life, not only is it not an obstacle, but it will promote each other, but I don't know when the other party will stop." Luo Hong only hopes that this correlation will rise and last longer.

"If such a situation occurs, it can be regarded as a reminder to us, and in the future, the proprietary operation of Dafu Bank may have to be more secretive." Zheng Fan grinned, but for the time being, he didn't dig deeper, and the mysterious funds were associated with speculation.

"Do we have to take a proactive approach to the transfer of equity with AIG?" Ji'er is ready, and she will fly to the United States with Ruan Yuan tomorrow.

"We have to wait, if we are too positive, we will scare the American International Group away, and we don't need to put pressure on the Federal Reserve Bank of New York and Ford Motor Co., Ltd. Zheng Fan motioned to Ji'er to be calm.

Not only Ji'er, but even Zheng Fan also knows that the most important thing to solve at this time is the problem of the New York Life Insurance Group.

"Boss, do you still need to keep an eye on the international gold price? Those Japanese funds in a group are too calm, and it is not easy to continue to calculate them. During Liu Mingxuan's questioning of Zheng Fan, he couldn't help but glance at Yoshii Huixiang recorded on the side.

"It is estimated that it is enough, and if there is an opportunity in the future, our investment focus may be on the Hong Kong stock market." Zheng Fan shook his head, making it difficult to see if he was dealing with it.

Most of the rest of the daily work does not involve the collision of ideas, just waiting for Zheng Fan to make a decision.

By the end of the meeting, most of the key executives of the holding company and Tatfook Bank, who were different from the traders in the proprietary department, had left in a hurry, as if they had something to do.

(The second update will be sent.) )