Rebirth of the Financial Crisis Sweeping the World Chapter 426
Chapter 426 426 net worth 45.2 billion! Settlement stocks!
Wang Guanxi listened to Ratan Tata's words, suddenly said: "Ratan Tata, what are you proud of?"
"I tell you, this year my Ford Motor Company will be profitable!"
Ratan Tata was taken aback while listening to Wang Guanxi's words, then laughed and said, "Wang Guanxi, did you wake up?"
"What are you kidding?"
"The debt on the Ford Motor Company's balance sheet is 236.825 billion U.S. dollars, you count!"
"Count it, you can't pay the interest if you throw all your belongings in!"
"Ford Motor Company survived July this year, count mine"
Now on the Ford Motor Company's balance sheet, that is a debt of up to 236.825 billion U.S. dollars. What a terrible figure, and Ford Motor Company has been losing money for three consecutive years!
This Wang Guanxis head must have been flooded, and he said without shame, to make Ford Motor Company profitable this year?
is simply ridiculous.
If you can repay the interest, it will burn a lot of fragrance.
After thinking for a while, he continued: "Then General Motors and Chrysler Automobiles are going to go bankrupt. The same goes for your Ford Company. You pieced together to get the bank to loan 4 billion U.S. dollars to Ford Motor Company and spent 2.7 billion. If the US dollar increases its holdings of Ford Motor Company's stock, Ford Motor Company will eventually go bankrupt, and your bank and company will all be destroyed, and the 2.7 billion US dollars of stock you increased will lose all your money!"
Now the net assets of Ford Motor Company are negative 14.5 billion U.S. dollars. There are huge interest and losses. He does not believe that Ford Motor Company can survive July this year.
Wang Guanxi, a fool, also got a loan of 4 billion U.S. dollars, and spent 2.7 billion U.S. dollars to buy stocks in Ford Motor Company. It's funny to think about it.
Wang Guanxi smiled: "Ratan Tata, you also have such a vision, General Motors, Chrysler Motors will go bankrupt, but my Ford Motor Company will not go bankrupt!"
"Again, my Ford company will be profitable this year!"
Ratan Tata laughed: "Your Ford Motor Company sold Jaguar and Land Rover to our Tata Motor Company. To be honest, Ford Motor Company is not working!"
"I still said the same thing. Your Ford Motor Company will not survive in July this year. Of course, you have got a loan again, that is, you will not be able to survive until September."
"Wait for our Tata Motors to rise!"
Wang Guanxi chuckled: "You Tata Motors has a market value of only 2.2 billion U.S. dollars, and you are still losing money. Are you eligible to be on a par with my Ford Motor Company?"
Ratan Tatahaha said with a smile: "You are an insolvent broken car company with a debt of 236.8 billion U.S. dollars and a net worth of negative 14.5 billion U.S. dollars. Do you have the face to look down on us Tata Motors?"
This Wang Guanxi just laughed at him. Their Tata Motor Company's assets are in very good condition.
Then he continued: "If it hadnt been for Tata Motors acquisition of Fords Jaguar and Land Rover brands, Ford Motor Company would not know how much money it would lose. To be honest, Jaguar and Land Rover are in our company. The auto company will operate very well"
"You Ford Motor Company also intends to move its headquarters to China Mainland to reduce production costs. I can put it here today. Your Ford Motor Company's market share in the Asia-Pacific will only become less and less, and it will be easily crushed by our Tata Motors. Until you continue to lose money, and you lose money until you automatically get out of the Asia-Pacific market."
Wang Guanxi smiled: "Ratan Tata, you are just this small pattern. My vision is global, not the Asia-Pacific market. In the future, the market value of your Tata Motors will definitely be crushed by my Ford Motor Company!"
Ratan Tata laughed: "Wang Guanxi, don't speak big words, but think about the bankruptcy problem in front of you. Let me see how long you can resist. Don't make a little money in the financial market and be complacent. I thought I could do whatever industry I wanted!"
"Im telling you, its still in the economic crisis. Your Huntington Bank, Fifth Third Bank, Macys, and Ford Motor Company will all fall into a quagmire and then go bankrupt!"
Wang Guanxi smiled and said: "Your Tata Consortium is getting better during the economic crisis?"
Ratan Tata triumphantly said: "Its better than your current situation. Look at your stock prices for Huntington Bank, Fifth Third Bank, Macys, and Ford Motor Company. Its just like shit. Ta Fortune companies don't bother to watch this kind of junk stocks!"
Wang Guanxi: "Then wait and see to see whose company's stock price rises fast in the future!"
Ratan Tata: "To be honest, in the Asia-Pacific auto market, without your Ford Motor Company's share, you will only continue to lose money, and your high-tech industrial chain is simply rubbish. I said, I Ratan Tata will take care of you sooner or later, your investment is over!"
Wang Guanxi: "Ratan Tata, your Tata consortium lost so much money on HSBC and Wells Fargo. You are ashamed to say that my investment is finished?"
At present, the stock prices of HSBC, Citibank, Wells Fargo, and Bank of America have fallen horribly, while Wang Guanxis Black Shirt Insurance Company, Fund 2, Fund 3, and Fund 4 still hold a large number of open positions. .
"Ratan Tata, I dont know how much money I made on HSBC, Wells Fargo Bank, and you big Indian financial companies were beaten to the ground by me and forgot!"
Ratan Tata's scars were uncovered immediately and he was very upset. He said: "I have made a lot of money in other places. I don't care about the losses on these books."
"I said, Ratan Tata will pick you up sooner or later, you will wait"
Wang Guanxi: "Are you calling to talk about this tonight?"
Ratan Tata thought for a while and said, "Actually, there is another purpose!"
"Say!" Wang Guanxi took a sip of tea gently.
Latan Tata said on the phone: "I plan to settle HSBC stocks with you!"
Wang Guanxi laughed and said, "So you are here to recognize your knees!"
Black Shirt Insurance Company, shorted 260 million shares of HSBC in Hong Kong, and opened a position at 120!
Currently, the stock price of HSBC in Hong Kong has fallen to 40 Hong Kong dollars per share, with a floating profit of 80 Hong Kong dollars per share on the book and a floating profit of 20.8 billion Hong Kong dollars on the book.
The principal is 26.4 billion Hong Kong dollars, and the total net value is 47.2 billion Hong Kong dollars.
This time, the black shirt insurance company borrowed a total of 32.625 billion Hong Kong dollars worth of stocks from American International Group, Legg Mason Group, and Tata Consortium, with monthly interest as high as 390 million Hong Kong dollars.
Now that several months have passed, it is time to close the position.
So Wang Guanxi asked: "What price do you want to settle?"
Ratan Tata: "You talk about your price first!"
Wang Guanxi was taken aback, but asked: "Ratan Tata, are you short of money?"
Ratan Tata: "I plan to mobilize funds to short General Motors. If you have the guts to stop me, now I am short of money. The HSBC stock price keeps falling. We are not optimistic about the follow-up HSBC stock price, so Settle with you, tell me the price"
Wang Guanxi did not expect Ratan Tata to be short of General Motors. He is still close to making money, and then he is not optimistic about HSBC's follow-up stock price, hehe, just right.
So Wang Guanxi said: "38 Hong Kong dollars per share! HSBC's share price will continue to fall in the future."
Ratan Tata said: "Impossible, just the market price, and your liquidation in the market will also make HSBC's stock price rise a lot!"
Wang Guanxi said: "As for 38 Hong Kong dollars per share, if you do not settle, I will close my position in the market by myself, but I remember that Indian Overseas Bank also came to block my black shirt insurance company from shorting Hong Kong and HSBC at that time. This Indian overseas bank must still hold a large number of long positions that have not been closed."
Ratan Tata said: "I still insist on 40 Hong Kong dollars per share, I know you want to close the position!"
Wang Guanxi thought for a while and said, "That's OK, just press the market price for settlement!"
This time, Wang Guanxi borrowed 150 million shares of HSBC from the Tata Consortium to sell short, and now it is settled. Anyway, he intends to liquidate the short list of HSBC.
Its night time in the US, but its daytime in Hong Kong. Wang Guanxi called Huang Shaokai of the Black Shirt Insurance Company and arranged for a lawyer to sign a settlement agreement with the lawyers of the Tata Consortium and pay interest to the Tata Consortium.
This time, the Tata Consortium originally held 150 million shares of the Hong Kong and Shanghai Banking Corporation. The position was opened at 80 Hong Kong dollars per share, which was purchased in 2003. Now the settlement is 40 Hong Kong dollars per share, and a loss of 40 Hong Kong dollars per share is total. 6 billion Hong Kong dollars.
Ratan Tata was still acceptable, and she called Wang Guanxi and said: "Wang Guanxi, lets wait and see, remember what Ratan Tata said, I will take care of you sooner or later."
Wang Guanxi chuckled: "It's just a defeat!"
ended the call, Wang Guanxi fell into thought.
Of course, the black shirt insurance company still has 11,000 shares that have not been settled. These are borrowed from American International Bank and Legg Mason Group.
So Wang Guanxi called Brian Schreiber, the head of Asia at AIG.
The call is connected soon.
Wang Guanxi said: "Brian Schlei, I plan to settle the shares of Hong Kong and Shanghai Banking Corporation with you. What do you think?"
This American International Group is also an old friend. Wang Guanxi borrowed a lot of shares from them and also bought Huntington Bank from American International Group.
On the phone, Brian Schrei sighed: "We are about to sell some Asian assets. The HSBC stock in Hong Kong has been lent to you. It has not been able to sell. This time you are making a lot of money."
American International Group (AIG) is still selling assets around the world, saving itself.
He planned to sell some Hong Kong assets, such as HSBCs stock, but he lent Wang Guanxi to sell it short. As long as Wang Guanxi liquidated his position and returned the stock to them, they could sell it.
Wang Guanxi smiled and said, Fortunately, you dont plan to hold shares in HSBC for a long time?
Brian Schrei said: We intend to temporarily sell off HSBCs stock. In the future, when HSBCs stock price drops to a lower position, buy it again. How about our settlement at the market price now?
Wang Guanxi nodded: "Well, then the market price will settle!"
So the lawyers of the black shirt insurance company went to the Asia-Pacific branch of AIG Group, and everyone signed the settlement agreement, and then paid the interest.
Then Wang Guanxi called Dusty Franco, Asia Pacific President of Legg Mason Group.
After the call was connected, Wang Guanxi said straightforwardly: "Mr. Dusty Franco, I plan to settle HSBC stocks with you Legg Mason Group"
Mosaic Group is also an old acquaintance, borrowed stocks, and the 50% equity of Silicon Valley Bank was also acquired by Wang Guanxi from Legg Mason Group.
On the phone, Dusty Franco said immediately: "We intend to hold shares in HSBC for a long time. No settlement, Mr. Wang, you can directly close the position in the market and return the stock to us.
The Legg Mason Group intends to hold a long-term stake in the Hongkong and Shanghai Banking Corporation.
He cant be the master. His chairman, Mr. Bill Miller, has previously explained that HSBCs shares must be held for a long time.
At this time, Wang Guanxi said: "Mr. Dusty Franco, isn't your Legg Mason Group planning to sell assets recently?"
Dusty Franco: "That is the sale of assets in the United States, excluding Hong Kong assets."
Wang Guanxi: "Then you are still short of money. You can settle the HSBC stock directly. The HSBC stock will definitely fall. When you want to buy it, just buy it at a lower price."
"To be honest, I am short of money now, and I am anxious to settle the stocks. Otherwise, I will wait for HSBC's stock price to drop below 30 Hong Kong dollars per share and then slowly liquidate the position."
Dusty Franco tangled up and said: "We are short of money now, but the chairman said that we want to hold shares in HSBC for a long time. If you want to settle the shares of HSBC, you can talk to our chairman Bill Miller. Sir, talk!"
Wang Guanxi nodded: "Okay, I'll call Bill Miller. It's night in US time, I think he hasn't slept yet."
So Wang Guanxi called Bill Miller, chairman of Legg Mason Group.
The call is connected soon.
Bill Miller enthusiastically said: "Mr. Wang, you have come to the United States, why don't you come to New York to play, everyone, drink tea!"
He knew that Wang Guanxi came to the United States and became the largest local rancher in Ohio. He also bought Fifth Third Bank, Macys, and even Ford Motor Company.
Wang Guanxi smiled and said, Im busy lately. When I go to New York, Ill have tea with you.
After a few polite words between the two, Wang Guanxi said: "Mr. Miller, I plan to settle Hong Kong's HSBC stock with you Legg Mason."
Bill Miller pondered and said: "I am planning to wait for HSBC's share price to drop to 30 Hong Kong dollars per share and increase my holdings of Hong Kong HSBC Bank"
Wang Guanxi smiled and said: "We settled at 40 Hong Kong dollars per share, and then when the HSBC stock price fell to 30 Hong Kong dollars per share, you bought it again, the difference was 10 Hong Kong dollars."
(End of this chapter)