Chapter 950: Sniping Begins

Stan used three months to find out the hole cards of the Far Eastern Group. How much money they can use and how many countermeasures they can take are all well understood.

At the same time, they had already rehearsed this sniping attack on the Far Eastern Group several times in advance, and the plan had been revised perfectly. Therefore, now the order is given, a sniper is launched, and the plan is immediately and methodically implemented.

"Far East Hotels' current share price is 6 yuan per share, and there are now 70 million shares in circulation, accounting for 20% of Far East Hotels' stock issuance." Stanley reported to Han Jin, "We are prepared to buy all the shares of Far East Hotels in the market at the close of trading today. ”

"With such a big battle, aren't you afraid of startling the snake?" Han Jin asked worriedly.

Every listed company will send someone to keep an eye on its own company's stock, and it is difficult for a sudden and large purchase like Stanley not to be noticed by Far East Hotels. When the time comes, they will know that someone is sniping at the shares of Far East Hotels, and the acquisition plan will be exposed in advance.

"No, we'll take a small amount in the morning, and we'll just increase it in the afternoon. That way, even if they know about it by then, they won't have much time to fight with us. And even if they knew someone was sniping at them, it would take a day to investigate. Just let them be scared overnight, and the next day we will launch the total acquisition. ”

"By that time, I believe they have already mobilized the funds and are just in time to compete with us for the shares of Far East Hotels. In addition, shareholders should also know that someone is sniping at Far Eastern Hotels, and when the time comes, they will follow the trend and snap up the stock price. When the time comes, whether we take the opportunity to buy or sell at a high price, we will make a profit without losing money. Stanley explained.

"Good, Stanley. Looks like I didn't really choose you wrong. When Han Jin heard him say this, he couldn't help but pat him on the shoulder with satisfaction and smiled.

……

At half past nine, the stock market opened.

Stanley clapped his hands, "Guys, the battle has begun. Cheer me up! ”

Han Jin also said with a smile, "After this time, the bonus of one million Hong Kong dollars per person, and two million for the best person!" ”

There must be a brave man under the heavy reward, and everyone present couldn't help but get excited when they heard it.

The phone calls are getting faster and faster, and all kinds of information are also collected through the phone line.

As Stanley listened to the men's reports, he wrote down the real-time stock price of Far East Hotels on a clipboard.

"Six Pieces of One"

"Six Pieces of Two"

"Six Pieces of Three"

……

By noon when the market closes. Han Jin has absorbed 20 million shares, accounting for less than 10% of Far East Hotels' shares.

"Alright, you guys are doing well, let's take a little rest and continue the war in the afternoon." Stanley clapped his hands.

Han Jin couldn't help but smile and nod when he saw the fruitful results of the morning.

"Let's go, I'll invite you to lunch." He laughed.

These people helped him make money like this, and Han Jin also wanted to treat everyone well.

"Don't. Mr. The market will open at one o'clock in the afternoon, so we will have a boxed lunch. We'll have to talk about the strategy for the afternoon later. Going out to eat is all wasted on the road. Stanley waved his hand.

"Okay, then after the afternoon closes, I'll invite everyone to dinner, and then everyone won't shirk anymore." Han Jin nodded and smiled.

He basically doesn't know anything about the stock market, at most he has watched TV series such as "The Big Time" and "Genesis" before, and knows a few terms. It's not necessarily right. That's why he listened to Stanley, a professional.

"Yes, thank you, sir." Stanley said with a smile, and those elites also laughed happily when they heard that the big boss had a treat in the evening.

……

After a hurried lunch. Stanley discussed his next steps with the elites.

In the morning, because it was absorbed in batches of small shares, the stock of Far East Hotel did not fluctuate much, only rose by three prices, and did not alarm Far East Hotel Company. There were no big institutions in the stock market vying for Far East Hotel shares, so the morning's plan went very smoothly.

Then in the afternoon, it is necessary to change the previous strategy of "quietly entering the village and don't let go of the gun" to the sniper strategy of making a big show and holding the battle with open fire, so as to wake up the Far Eastern Hotel, but it is too late to act.

"In the afternoon, in addition to sniping at Far East Hotels, three listed companies, such as Far East Investment, Far East Development, and Far East Real Estate, will also make acquisitions, so that they don't know our true intentions, and even if they want to fight back, they don't know how to fight back." "And to do so would consume the cash they have and force them to use the reserves of the Far Eastern Bank." ”

"If Qiu Degen doesn't dare to take risks, then we can buy four of his listed companies, and the worst of them are major shareholders, who have the right to participate in the company's operations. When the time comes, if we make trouble, the Far Eastern Group will not be any better. ”

"If he dares to take risks, he doesn't have as much money as we do, and he can't compete with us at all. When the time comes, whether we take advantage of the situation to buy or sell at the high price, we will make a profit without losing money. Stanley explained to Han Jin.

Han Jin nodded, at first he was a little vague about Stanley's plan, but now he knew it very clearly.

"Okay, that's it." He said with a smile.

……

At one o'clock in the afternoon, as soon as the opening bell of the stock market rang, Stanley immediately commanded the elite to launch a general attack on the Far East Hotel.

Within the Stock Exchange, all stockbrokers employed by Stanley began to buy shares in Far East Hotels in large quantities.

One buy is a few million shares, just like gluttony, and the suction power is amazing.

Such a large-scale absorption naturally quickly attracted the attention of shareholders.

The stock of Far East Hotels also rose from six yuan to three in the morning.

Six pieces of four,

Six pieces of five,

Six pieces of seven,

Six pieces of eight,

Seven pieces

……

"General Manager, it seems that someone in the market is buying our Far East Hotel stock in a big way." The secretary reported to Qiu Dawei, the general manager of Far East Hotels.

David Qiu is also the son of Qiu Degen and is in charge of the Far East Hospitality business. Qiu Dachang is his half-brother.

"Oh, do you know who it is?" Qiu Dawei hurriedly asked.

"The agent is investigating, but there is no news yet." The secretary reported, "The broker reported that they had a lot of money, and they bought three or four million shares, and they suspected that there was a consortium behind them." There are not many stocks left in the market now, and if we want to reverse the takeover, we must order it immediately, otherwise it will be closed later. ”

When Qiu Dawei heard her say this, he couldn't help but change his face.

Far Eastern Group now only has 30% of the shares of Far Eastern Hotel, and it is still 15% away from completing absolute control, which means that it will cost at least 300 million Hong Kong dollars to acquire 42 million shares, and the company does not have so much cash now. (To be continued......)