Chapter 72: Control (I)

If you are optimistic about the development prospects of a company and plan for long-term investment, do you want the company's stock price to keep rising or falling, Warren Buffett's answer is the latter, and Zhao Yuanxi's answer is the latter.

The cheap chips are like a piece of milk chocolate cake with a fragrant fragrance, all Zhao Yuanxi needs to do is eat it, and the more the merrier.

The daily trading volume of S.M Entertainment's outstanding shares is about 380,000 shares, and the stock price plummets due to the negative news that the company is involved in Li Yuanjun's bribery case, and the third time it falls to the limit, and the selling orders hanging on the fall limit board are as high as more than 970,000 shares.

Being greedy when others are afraid and fearing when others are greedy is a wise saying in the financial market, but unfortunately there are very few people who can do these two.

Before the news was confirmed, no one dared to take over the shares of S.M Entertainment, only Zhao Yuanxi, an insider trader who knew the inside story, went against the current.

There were no competitors, and Zhao Yuanxi did not hurry to operate the account to buy in batches.

As of the close of the day, Zhao Yuanxi had absorbed more than 900,000 shares of S.M Company, plus the 4.9% shares he had previously purchased, holding a total of 12% of the shares of S.M Entertainment Company, second only to Li Xiuman, the largest shareholder holding 27.7% of the company's shares, and the second largest shareholder of Japan Aibex, which held 18.9% of the shares, and became the third largest shareholder of S.M Entertainment Company.

Since then, Cho Won-hee's booking target has been successfully completed, and a total of 1.15 billion won of working capital has been consumed, which is far lower than his previous budget.

The company's stock price plummeted, and the most worrying thing was naturally Li Xiuman, who was the largest shareholder and chairman of the group, and Li Xiuman happened to fly to New York to prepare for the establishment of a branch in the United States.

The bribery case of Li Yuanjun, the former deputy director of KBS, was handled by Li Mingxian, and after the dust settled, the news came out again that it must be related to Li Mingxian, and Li Xiuman sorted out his thoughts in a moment, and the only way to do this is to first probe Zhao Yuanxi's tone and then make plans, and make up his mind, Li Xiuman dialed Zhao Yuanxi's number.

At the end of the day's training, Zhao Yuanxi was about to change his clothes and leave, when the mobile phone on the workbench rang, it was an unfamiliar number, and the caller ID was the United States. Zhao Yuanxi pressed the answer button suspiciously.

"Yuanxi, it's me." The sound of the earpiece seems to be a little hurried, indicating that the speaker is not calm.

"Chairman Lee?" Zhao Yuanxi asked uncertainly.

"It's me," Li Xiuman took a deep breath and calmed down, "The company's stock price plummeted today, do you know it?" ”

"I've been watching the market all day."

Zhao Yuanxi's answer surprised Li Xiuman, Li Xiuman's surprise did not last long, and Zhao Yuanxi's next words surprised him greatly.

"Chairman Li, I have purchased a total of 12% of the company's shares. I need to be on the council. ”

Li Xiuman was stunned, he expected that Zhao Yuanxi was a child of a family, but he didn't expect Zhao Yuanxi's appetite to be so big that he wanted to enter the company's management.

Li Xiuman swallowed a mouthful of saliva with difficulty, and said in a deep voice: "Is it your meaning or the procurator general's meaning?" ”

Zhao Yuanxi said that he wanted to enter the board of directors and it was very clear that the plummeting stock price was obviously an extraordinary means used by Li Mingxian to help Zhao Yuanxi absorb the company's shares at a low price, and Li Xiuman was eager to know whether it was Zhao Yuanxi's own intention or Li Mingxian's instructions.

If it is only Zhao Yuanxi's own will, then the matter is very simple, if it is Li Mingxian's instructions, it is more complicated, which means that Li Mingxian intervenes in the S.M company, and then the company will be branded as a big country - the party. Li Xiuman had to be cautious.

"My will. Uncle Xian just offered some help. ”

Zhao Yuanxi said it lightly, but Li Xiuman smiled bitterly in his heart, Li Mingxian is powerful, and one sentence can decide the life and death of a company, but it is not "some help" as Zhao Yuanxi said.

After ending the call, Li Xiuman did not hesitate for a moment and returned to South Korea that night. Zhao Yuanxi entered the board of directors, and he, the largest shareholder, naturally could not be absent, and compared with the affairs of the headquarters, the preparation of the American branch seemed insignificant.

Cho Won-hee held his phone and thought for a while, leaving the practice room and heading to the president's office where Kim Young-min was. The door of the president's office in the first room at the staircase on the fifth floor was wide open, Kim Young-min was sitting at the workbench reviewing the documents, and Zhao Yuanxi knocked on the door.

"Yuanxi, come in." Jin Yingmin looked up and saw that it was Zhao Yuanxi, who hurriedly put down the documents in his hand and got up to greet him, with a smile on his face, he went to the Three Treasures Hall for nothing, Zhao Yuanxi must have something to do with him.

"President, I want to enter the council, I need your support," Zhao Yuanxi was not polite, and directly said his intentions, "As of today's close, I hold a total of 12% of the company's shares. ”

Today's news of the collapse of S.M's stock price, as the president, Kim Young-min, naturally knew it for the first time, unlike Lee so-man, he joined S.M halfway and did not hold shares in S.M, so naturally he was not as anxious as Lee so-man. Zhao Yuanxi's words still came as a surprise to him.

However, Zhao Yuanxi's joining the board of directors is beneficial to Jin Yingmin, he is basically a bare-bones commander in the company's senior management, and the three executive directors are all inclined to Li Xiuman.

Thinking about the joint, Kim Young-min smiled and said, "Of course I support you to join the council, have you talked to Chairman Lee?" ”

"On the phone with Chairman Lee, he has no objection."

Even if Lee so-man wants to oppose it, he may be powerless, Kim Young-min said with a smile: "I immediately called to convene an emergency council, Chairman Lee should be in the United States at the moment, Executive Director Chung Chang-hwan is in Japan, and Executive Director Han Shimin is in China, it may take some time." ”

"No problem."

Kim Young-min spoke on the phone with the two executive directors in front of Zhao Yuanxi, telling them to return to the headquarters immediately to participate in the emergency council, and only called Li Xiuman later.

"Shutdown status," Kim Young-min hung up the phone and said with a smile, "I guess our Chairman Lee is on his way back." ”

Jin Yingmin's words were full of ridicule, and Zhao Yuanxi smiled slightly, noncommittal. Kim Young-min needs his strong support in the management against Lee so-man, and Lee so-man is afraid of Lee Myung-heon's power, of course, he will not object, and his entry into the board of directors of S.M Company is a sure thing.

Gaining enough voice is just the first step of his Zhao Yuanxi's plan.

After a hasty dinner at the company, Zhao Yuanxi went to the gym, and yesterday he played a game of flying cakes with a group of girls from Girls' Generation, but everyone was embarrassed, Kwon Yoo-ri and Jessica were busy going back to the dormitory to clean, and no one went to the gym to exercise.

Interrupting for one day is for a reason, and interrupting for two days is lazy. Zhao Yuanxi came to the gym alone, and did not see the two of them as he wished, and was slightly disappointed in his heart, the so-called men and women are not tired of working, and they are also full of energy when they watch the beauties do exercise. Zhao Yuanxi's personal trainer, Coach Han, doesn't care whether there are beautiful women or not, the exercise plan formulated for him has doubled, and Zhao Yuanxi grinned.

Finally managed to hold on until the end of all the workout sessions, and Zhao Yuanxi was about to leave, Kwon Yoo-ri and Jessica were late.

"Oppa, when did you come?" Quan Yuli asked happily when she saw Zhao Yuanxi.

Zhao Yuanxi smiled: "I just came for a while, and I thought you wouldn't come today?" ”

"We have a trip today, so it's a little late," Kwon Yoo-ri smiled lightly, "Oppa, let's exercise together." ”

"Exercise together, exercise together." Zhao Yuanxi pursed his lips and sighed secretly and lifted a stone to hit his own foot.

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