Dearborn, Michigan, USA, Inn Holiday Inn Cafe

“Hi，Mr.Ye…… It's a quiet place, why, flying all the way from New York, can't it be as simple as asking me to invite you to coffee? 36-year-old William Crane Ford, vice president of Ford Motor Co., Ltd., smiled and shook hands with Jiang Yelin, who was wearing a casual suit opposite, muttering in his heart that this wonder boy who made $9 million a day on Ford stock last time, this time he quietly flew from New York to Detroit and drove to the small town of Dodilborn to see him, why did he come?

"My dear Crane, it's a pleasure to see you again, it reminds me of the exciting rise in Ford's stock price after we first met, of course, Merrill Lynch rejects any accusations of insider trading and stock price manipulation, and flew over today to discuss the future of Ford Motor with Your Excellency, I wonder if Ford's board of directors is interested in making Ford the No. 1 automobile manufacturing company in the United States?" Jiang Yelin's straightforward words made Serena a little confused for a while.

"Django, don't be joking with me, last time you said that Ford Motor went to grab 50% of Saab Motors from General Motors, and this matter has not been settled at all, and now your Merrill Lynch Securities has made a big deal as a fortune boy, and let the Saturn Motors under the command of General Motors spin off the boss circle billions of dollars back, and General Motors will get rid of our Ford Motor and Chrysler behind it to turn a profit, at this time, you are still here to make me happy, right?" Serena William grinned and took out a cigar cigarette, Jiang Yelin smiled and shook his hand to indicate that he was not used to smoking cigars now, and instead took out a pack of Kent and opened it, and the two of them each lit their cigarettes, and fell silent for a while.

"What? Not kidding? Then I'll listen to you, don't let Ford take over the Saturn car that you have eaten a stomachful of, the stock prices of the three major automobile manufacturing companies have been tossed by you to fall below the net worth, and the Saturn car's net assets of $1 per share are actually sold for $3 a share, and no one can be fooled by this, right? We know each other well, I can't help you with the Saturn car! Serena William took a puff of his cigarette and broke the silence between the two sides, in fact, Jiang Yelin's sudden visit made the heirs of the Ford family smell the smell of making a lot of money, but when it should be held, it must be held first, right?

"Crane, I'm not kidding you, it stands to reason that as the manager of the G3 fund, I shouldn't have come to you to talk about this, but I don't feel comfortable leaving it to someone else to do this, I hope Ford Motor can take over the GM shares in Merrill Lynch's account, so it's a win-win outcome for both parties...... Especially when General Motors' stock price falls below its net assets...... Jiang Yelin was very serious and focused when he said this, Serena William was taken aback when he heard this, he was silent for a while, and said in a dry voice,

"What? Merrill Lynch is running out of funds now? If you want to raise money, you can pledge the stock to the bank for short-term financing, right? Of course, the cost inside and outside is a little higher...... "Serena William's words are not shirkable, Wall Street is a place where people don't spit out bones, listed companies raise money from Wall Street while also accepting this harsh repayment terms and exploitation, Ford's cash flow is better than General Motors, but it's not much better, for no reason to take over the General Motors stock in the hands of Merrill Lynch, so you have to ask why? Otherwise, not to mention that the board of directors can't pass it, Serena William, the heir of the Ford family, will not be able to pass his own level.

"The issue price of Saturn cars listed on the future performance is overdrafted, and now the blue-chip auto sector and the market are falling in the opposite direction, on the one hand, because the performance has not improved, and the huge losses for three consecutive years have made investors lack confidence and are unwilling to invest more, on the other hand, the high cost of a single car lacks sufficient competitiveness in front of Japanese cars and German cars, Saturn cars are a new starting point and breakthrough, but before the Saturn plan is really successful, the three major automobile listed companies are not having a good time, so they need to huddle together to keep warm...... ”

Jiang Yelin was right, but Serena William couldn't grasp the deep meaning for a while, and the heir of the Ford family frowned slightly, and asked hesitantly, "Django, what do you mean by huddle for warmth?" Locking in chips to pull up the stock price? GM's equity is so dispersed, even the largest shareholder, UAW, has only 10% of the shares, and more than half of the shares are in the hands of retail investors and small and medium-sized institutions, do you want us Ford Motor to buy GM? ”

"That's pretty much what it means, or let General Motors buy Ford, the market needs a good expectation of the future performance of the auto sector, and mergers and acquisitions are the best way to give investors good expectations!" Jiang Yelin's speed of speech was neither fast nor slow, but his words were full of wisdom and firmness.

"Ford will never let another company buy it! I can answer you right now! Serena William is a little angry, among the three major listed automobile companies in North America, General Motors and Chrysler's shareholding structure is extremely dispersed, almost long belonged to the national company or Volkswagen, and Ford Motor is a special case, the Ford family still holds 40% of the shares, and it is not an exaggeration to describe Ford as the only remaining family business, of course, after the retirement of Henry II, Ford is now a professional manager management company, But it's not uncommon for the Ford family's Mesozoic to hold positions and executives at all levels within Ford, such as Serena Crane Ford and Odyssey Ford II at the vice president level.

"Then, it's the same to let Ford Motor acquire General Motors, that's why I'm here......" Jiang Yelin shrugged his shoulders, expressing his understanding of the other party's feelings as the heir of the Ford family, and not giving up his calculations and plans, Serena William shook his head when he heard this, "Although GM's equity is scattered, its current market value is more than 18 billion US dollars, and Ford Motor wants to acquire it, but it is also powerless!" Serena William's words are not true, the three major automobile companies have annual sales revenue of more than 100 billion US dollars, and the monthly working capital has to be tens of billions of US dollars.

The key is that if the acquirer and the acquired party can't reach a tacit understanding, it will be a mess, and in the end it is likely to evolve into a situation where the stock price fluctuates violently and the cash flow of both sides is exhausted and both sides lose, some things may be thought about for the Ford family, but there is no courage to really push to do it, just think about it, not to mention that General Motors is much larger than Ford Motor and Chrysler in terms of market share and sales revenue or total assets and net assets. The psychological pressure that ants bring to themselves by gnawing on elephants cannot be eliminated in a few words.

"Django, to be honest, I don't think Ford has the ability to buy General Motors, and the board of directors and shareholders of General Motors will not agree, so they can't maliciously launch a merger offer, right? What's more, as soon as Saturn goes public, GM's net worth has to rise again, I really can't see why you want the two sides to launch a takeover war? The losses for three consecutive years have made the senior management of the three major companies anxious, the funds are also tight, and the financial costs remain high......"

Serena William said and touched his handkerchief to wipe the sweat on his forehead, but Jiang Yelin smiled slightly, groaned, and continued, "Crane, of course, what you said is also true, but initiating an acquisition and reaching an acquisition are completely two things, our first goal is to boost investors' confidence and hope in the automobile manufacturing industry, and by the way, pull up the sluggish stock price, or General Motors or Ford Motor, corporate bonds are about to be issued, once the bond yield of a listed company in the big blue-chip automobile manufacturing industry is the same as a junk bond, It's hard to turn over again......"

"So? Is it just stock market speculation? Your G3 fund is almost the biggest legend in the U.S. stock market this year, and the 10 million G3 funds I hold have now earned more than 50% for me...... I haven't had time to thank you for that! Serena William was in good spirits, this guy is still very keen on making money in the stock market, and of course, taking a ride with a G3 fund is the best return on investment experience for him in recent years, which is much easier than directing his broker to buy and sell stocks.

Since the G3 fund's single subscription limit for individual investment accounts is 3 million, the 10 million G3 funds held by Serena Crane Ford are almost four subscriptions to get this share, and the first time because the upper limit for individual investors is only 1 million, therefore, This guy's average holding cost is $1.44, and the floating profit has exceeded $7 million, especially, the funds used by this guy to subscribe to the G3 fund mainly come from the $9 million he earned in his own Ford stock in cooperation with Jiang Yelin for the first time, so although Serena William did not dare to agree to Ford Motor to buy General Motors, he was a hundred willing to follow Jiang Yelin to make money in the stock market!

"Crane, in fact, I have always admired the Ford family's commitment to the blue-chip automobile manufacturing industry in the United States, General Motors used to be the business card of the manufacturing industry in the United States, but compared to Ford Motors, Ford Motor should be called a national enterprise in the United States, if there is a company that can be inherited for a hundred years, it is Ford Motor, I think, you should be ready to take over Ford Motor, I hope you can convince the board of directors, given that UAW, the largest shareholder of General Motors, also holds only 10% of the shares, I think Ford Motor only needs to hold 11% of the shares to announce the acquisition of General Motors! ”

Jiang Yelin's words made Serena William's face flush, it was his long-standing dream to succeed Henry II at the helm of Ford Motors, of course, it can only be a dream, 36-year-old Serena Crane Ford is now just the general manager of the public relations and media division, saying that leading a century-old car manufacturing company is really a bit lacking, but compared to his playboy-like father, Serena William feels that he is really the successor of the Ford family second only to Odyssey Ford II......

"This, I want to think about it, and I have to listen to the opinions of other people in the family......" Although Serena William didn't say anything, he himself understood that when the enemy of the Merrill Lynch Wonder Boy in front of him was still a friend, this was something that had no choice at all!