Chapter 1740 There is also a plan B
"In order to ensure the free operation of the economy and the fairness and stability of the capital market, Federal President Walsh Jr. signed the latest economic bill this morning, which continues the federal government's consistent economic policies and focuses on excessive speculation in the market..."
Spokesman Perlin announced the latest economic bill at the White House's daily regular press conference.
The reporters attending the press conference were all old-fashioned. When they heard Peilin's introduction, they immediately realized that this was for Pissart, the hottest company on the market.
After all, although speculation in the United States is a very daily business activity, and even Wall Street, the speculation base, has become the world's financial center, speculation is unique to Pisart.
Even when the Internet was at its craziest time, it was just constantly speculating on the valuation. There was no such thing as Pissart, who didn’t even have official documents for a project. He started selling shares to make money based on just one idea. This was simply an insult to the market’s IQ.
"Pisat Energy is finished!"
"I've said that this model cannot be continued, it's even more crazy than the Ponzi scheme."
"He is challenging the bottom line of the White House, but there are other companies going to learn it. As a result, you can see now, an administrative bill will be shot to death!"
"Then we have to short Pisat's stock quickly. When the bill comes out, it will definitely plummet, just like the Internet..."
The reporters at the scene were excitedly discussing that Pissart was dead, and some even thought that Pisart's existence was a mistake.
With the live broadcast, news about the bill was spread throughout the United States at the first time. People like Karns jumped up in excitement, yelling that such companies should have been dying, thinking that Mr. President did a great thing that was pleasing to the public.
The mayors of Okrama City and Quiet Water City were worried that Pissart's development would have problems.
Although the money for selling land has been obtained, if large oil fields are really developed, it will have an industrial driving effect on the surrounding areas and even the entire city.
Well, even if Pisart is really a scam, the whole project is a scam, but at least they can also attract capital to settle in the name and solve employment problems. In general, it is not a loss.
But now the federal government has hit hard and has undoubtedly disrupted all their plans, and it may even be caught by competitors, which is very uncomfortable.
Of course, no matter what, Okrama City and Jingshui City have sold some land, but the others just contacted Zhou Ming, and it was even more uncomfortable before they could trade. After all, they were waiting for them to earn some income for the city government!
If the municipal governments in various places are still feeling uncomfortable, then for Pisart investors, they are panic.
The first thing to attack was the exchange. When the White House press conference ended, Pissart's stock fell, and investors panic-followed the trend, which directly caused Pissart's stock price to plummet by more than 30 percentage points.
In this case, Pissat attracted a lot of scolding, and even an angry crowd rushed straight towards the Bares Building. McClane was once again threatened with death, and McClane once again hid in Zhou Ming's hotel suite.
"Damn bastard, he is the president of the federal government, how could he do this? He is violating the federal constitution!"
McClane was so angry that he cursed in the room, but he could only do this.
That's right, because he was asked to argue with the president or do something else, McClellan really didn't have the courage to do it.
"Mr. Zhou Ming, look, the stock price has fallen a lot again. I am no longer a billionaire!"
"Just just now, my uncle called again and asked me to withdraw his shares as soon as possible. Edward and others, and even Rockefeller and Morgan's phone calls, their tone was very unfriendly..."
McClane sat in front of the TV anxiously, staring at the stock curve on the TV, and his heart was bleeding every moment.
Every time the phone rang, McClane's body trembled. He was afraid of receiving calls from his uncle, Edward or any shareholder.
Zhou Ming was helpless about McClass' performance. He had obviously expected everything at the moment and even made plans, but he still did this.
McClane thought of something at this time and hurriedly grabbed Zhou Ming's sleeve, as if this was the last straw to save lives.
"Mr. Zhou Ming, haven't you said that we still have Plan B? Now that we can start implementing it, we can make the stock price rise again soon, right? Are we going to speculate on the new oil field in Franklin?"
McClline was full of hope, but Zhou Ming's answer was about to disappoint him.
"I'm sorry, the Plan B we prepared cannot make the stock rise, and no matter how much we speculate, our federal president will not allow it." Zhou Ming told him very directly.
What should I do?
McClass was even more nervous. The death threats of ordinary investors could scare McClass to the point of being afraid to go to the office.
You should know that most ordinary investors do not have the ability to execute revenge and can scare McLaren to such a thing. Now they are major shareholders like Rockefeller and Edward.
Capitalists are like pandas in colored scrolls, and if you help him make money, he will call you Xiao Tiantian; once you compensate him, he will not be sure what he will do, and he may directly ask the forensic doctor for problems.
In this case, McClane almost shook into a quail, with a look of despair.
However, Zhou Ming told him that the stock would not rise back, but that he was helpless, and he had some friendship with Rockefeller and Morgan, so they would not do anything extreme for this little money.
"I never put my hope on stocks," Zhou Ming told McClan.
McClane was puzzled. He didn't understand where Zhou Ming would not place his hope on stocks.
"Did Mr. McClass forget that the corporate debt you mentioned to me for the first time we met?"
With Zhou Ming's reminder, McClane suddenly realized that his original plan was to use corporate bonds to expand. However, after seeing that financing in the stock market was more convenient, McClane regarded the stock market as the only one, and even forgot that there were corporate bonds.
So now we are going to start promoting and issuing corporate bonds to make up for the losses in the stock market?
Zhou Ming only felt that McClass was naive about this: "Of course not now. Don't forget that the issuance of corporate bonds is closely related to corporate valuation. Now is the time when the stock market plummeted and Pisart's valuation losses are the worst. It is not cost-effective to issue this time!"
Of course McClane also understands this. It is impossible that your company is worth 100 million, but you have to issue 200 million corporate bonds. Of course, the more valuable your company is,
You can issue more and more corporate bonds.
In addition, corporate bonds are different from stocks. Corporate bonds require companies to repay them with principal and interest. The larger the company and the higher the valuation, the lower the interest rate.
After all, large companies have good reputations, and what everyone values is repayment ability, and it is acceptable to have a lower interest rate.
But the situation is different for small businesses with low valuations or those that are experiencing a big drop. You need to pay high interest to get the funds you want.
Pissart is now at this stage.
McClline was a little discouraged again, but Zhou Ming was very open-minded: "I think it's a good opportunity to have an intermission."
McClane didn't understand what Zhou Ming meant. Zhou Ming told him that the practice of selling all the shares was very dangerous and could easily be maliciously acquired.
Therefore, most of the time, as the founder of the company and the actual operator of the company, they will reserve a share for themselves or make reasonable distribution of the shares.
The biggest purpose of doing this is to ensure that you will not be destroyed by others.
But Pissart's shares were originally intended to maximize funds, so they did not make any distribution. They were just like whoever was willing to give out as much shares as they wanted.
"There was no choice at the beginning, but now that the President has called us an intermission break, we will sort out the company's shares and start Plan B in the second half." Zhou Ming said.
Zhou Ming explained to McLen that the stock price is now falling, which is a good time for them to buy back their shares.
They need to make a healthy company shareholding and equity structure to ensure their dominance over the company.
In addition, the Chita project of the Egasden project and the remaining pre-sale projects will be reorganized and all of the shares of these projects will be merged into Pisat.
"The purpose of doing this is to increase Pissart's valuation and create conditions for future corporate bond issuance," said Zhou Ming.
As an accounting background, McClane played his best here to make the best use of his advantages and quickly prepared a shareholding structure plan for Zhou Ming and a restructuring plan for the company's internal projects.
"According to my calculation results, we will repurchase at least more than 20 percentage points from the market this time. According to the current stock price, we also need at least 300 million US dollars in funds."
"There are also the Egasden project and Chita project. Since these projects were split and packaged and listed before, they are difficult to reorganize. We also need a large amount of funds to repurchase shares before we have the right to operate them."
"In addition, the Ministry of Commerce and taxation departments issued audit requests to us, and they suspected that our internal funds flow..."
Listening to the things McClass reported to him, Zhou Ming felt that one head and two big ones were big.
Although Zhou Ming had long guessed that the redistribution of such shares and the reorganization of internal large projects would be a bit troublesome, he did not expect it would be so troublesome.
After weighing it, Zhou Ming decided to solve the simplest solution first: "Don't the Ministry of Commerce and Taxation want to check the accounts? Let them check it out. Anyway, we have no tax evasion or other economic violations."
"As for the issues of shares and the restructuring of internal major projects..."
Zhou Ming thought carefully: "Let's hold an internal major shareholder meeting. It just so happens that your uncle, Edward, Piero Freeman and others have been calling you? Let's make it clear at once!"
Chapter completed!