Chapter Ninety-Eight: Bringing the King into the Urn (Part II)

"Not bad!"

Seeing his boss figure out the joints so quickly, Daniel. Johnson secretly admired Soros in his heart, he wanted to compliment his boss at this time, but after thinking about it, now is not the time to compliment, so he immediately put away the compliment, nodded solemnly, and then said, "There is another point that cannot be ignored, that is, the Volkswagen Group and the Porsche family have an inextricable grudge relationship, in this case, what is the specific intention of the Porsche family to acquire the Volkswagen Group, I am afraid it is difficult for the outside world to know." However, since the goal of controlling half of the target has been released, there is absolutely no reason to take it back. However, as long as the Lower Saxony government can be persuaded to take a 50% stake, or even less than that number of shares, the entire acquisition process can be considered complete. Before that, they had to spend a lot of money on buying shares in the Volkswagen Group. ”

"As for the appearance of Zhongshi, in my opinion, there are only two possibilities. The first is to attend Wolfgang as a celebrity. Porsche's birthday party, after all, he is now a world-class billionaire, and it is an honor to be able to invite him to the banquet. Another possibility is that Wolfgang. Porsche's plan to finance fell on the other party, after all, Zhongshi's net worth is tens of billions, and most of them are cash, so this kind of cash cow has naturally become the first choice for Porsche's financing. But something happened at the birthday party that day, but it made the former much less likely. ”

"Oh?" Hearing this, Soros's eyes suddenly lit up, and he hurriedly asked, "What happened?" How can the former be greatly less likely? ”

Daniel. Johnson did not answer immediately, but lowered his head and pondered for a while, and after silently organizing the language in his mind for a long time, he said carefully: "Here's the thing. It is said that at the banquet on the spot Zhong Shi and Adolf. There was a small conflict between Merkler, and according to those who were at the scene, the Porsche family stood firmly on the side of the bell stone and mercilessly took Adolf Murphy. Merkle threw himself out. That's right, Adolf. Merkle is not an easy character either, he is the fifth richest man in Germany. It is said that the assets under his name have reached as much as 10 billion US dollars. ”

"The Porsche family did not hesitate to offend such a rich man for the sake of Zhongshi, which is obviously unreasonable!" A look of incomprehension flashed in Soros's eyes, but he instantly regained his usual calm, he subconsciously touched his smooth chin, and his head began to turn rapidly, "It seems that the Porsche family does look at Zhongshi differently, as for the purpose, it is naturally interested in the cash on hand of the other party." Interesting, really interesting. ”

"Boss. I wonder if we can do something about it? "Seeing that he has succeeded in convincing Soros, Daniel. Naturally, Johnson will not let go of this great opportunity to express himself, "For example, taking advantage of the rise in Volkswagen Group's stock and taking the opportunity to long the stocks of both sides, this will definitely make a lot of money." ”

For such secondary market acquisitions, stock price increases are inevitable, and the more diversified the shareholding, the greater the share price increase. Because for the acquirer. The game is protracted and long, under the influence of the herd effect. The stock price is only going to get higher and higher. On the contrary, for those companies with relatively concentrated shares, as long as a premium agreement is negotiated with the major shareholders, the rest is a matter of procedure.

The Volkswagen Group now has a total share capital of around 310 million shares, and in addition to the Lower Saxony state government and the current Porsche AG and Volkswagen Board of Directors, nearly 30% of the share capital is still in circulation. In this case, there is no way to acquire the shares of the Lower Saxony government and the board of directors of Volkswagen. The liquid shares in the market need to be sold by Porsche. In this slow process of accumulating chips, the stock price will only be pushed higher and higher.

"No, we don't go long, we go short!" In Daniel. Amid Johnson's jaw-dropping, Soros said slowly.

Generally speaking. In a predictable market, following expectations is the right way to invest. Just like the current Volkswagen Group stock price, everyone can expect it to rise, so in this case, there is no doubt that going long is the best way. But Soros said that he was going to be short at this time when he knew that it would rise, which made Daniel . Johnson was puzzled.

"Since even you know that Volkswagen Group's share price is going to go up, the whole market is definitely going to realize that their share price is going to go up. If we choose to go long at such a time, not only will the cost of opening a position become higher, but also whether we can absorb enough chips is a problem. In addition, after this announcement, I believe that the stock price of Volkswagen Group will soon deviate from the fundamentals, and it is not my style to go long in this situation. ”

Soros looked at Daniel. Johnson's puzzled eyes and secretly smug in his heart explained.

"And very importantly, if the takeover does go through, it will be useless for the Lower Saxony government to oppose it at that time. And if Porsche stops buying chips in the market and achieves its goals, then the Volkswagen Group's share price will inevitably return to its normal level. So all we need to do now is wait for the market's expectations to push the Volkswagen Group's share price to a high level, then go short, and then quietly wait for the deal to be finalized. ”

"I see!"

After such an explanation, Daniel. Johnson finally realized that the way he looked at Soros was different. This way of thinking that is very different from ordinary people's thinking opened his eyes, and he really realized that his boss is indeed extraordinary.

At this time, there is another advantage of formulating a strategy to short the shares of Volkswagen Group, that is, to enter the market first without the entire peers may not be aware of it, and it is very likely to grab the largest share of chips in the market, and it is naturally possible to obtain the greatest gains in the future.

For a time, Daniel. Johnson's admiration for Soros is like a surging river, endless......

At this time, Soros was also complacent about his remarkable vision, but what he didn't expect at all was that this qiē was a trap set by Zhong Shi for him, and even his reaction today was in Zhong Shi's calculations. And in the future, he will soon pay a heavy price for the decisions he thinks he makes today. (To be continued......)

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