Chapter 139-41: Environmental protection, so good!(2/4)
.”
Lambert Greg subconsciously covered his chest...
It hurts...
(The impact of stock decline on the company is mainly in terms of equity pledge and refinancing. If it is short-lived, the impact will be much smaller.)
After the two parties met and exchanged pleasantries, Belfort explained the plan. To put it simply, Greg Chemical would use a little trick when announcing news, announcing good news first and then bad news.
Sean asked the Environmental Protection Association to cooperate with the publicity and buy some newspapers to promote that "Greg Chemical's explosive decline was due to unexpected factors. The company's value is much higher than what the stock price indicates. The stock price is irrational and will inevitably rebound quickly."
'.
A two-pronged approach will definitely drive up the stock price in a short period of time.
During this period, you can do more and harvest a wave of leeks.
What the newspaper said is indeed true, it has gone up.
Then announce bad news again, go short again, and then harvest again.
Over and over again, endlessly!
Since the information released is completely true, it is just that the order is messed up, which is completely in compliance with the law. In addition, people have limited channels to obtain information during this period, so it is easy to harvest repeatedly.
Lambert Greg looked at Belfort deeply, with some hesitation on his face.
It is said that it is legal, but in fact it is just walking on the edge of the law. If you play like this, your reputation in the hearts of investors will be bad.
Sean obviously understood what Lambert Greg was thinking. He didn't try to dissuade him. He just said lightly: "If nothing happens, it won't be a big problem to make thousands of dollars."
Lambert Gregg slapped his thigh hard and said, "Fuck it!"
reputation?
How much is fame worth?
Besides, the memory of leeks is only three seconds. As long as the performance is good, they will come back!
"Tomorrow I will publicly announce that the company will upgrade its product line and enter the mid-to-high-end washing market. In fact, we also have patents in this area, but the market was not big before." Lambert Gregg said.
"OK, I will ask the Environmental Protection Association to cooperate with you in publicity. Regarding the dangers of cleaning products containing phosphorus and aluminum, we will also increase publicity." Sean looked at the two of them and said.
"Then, I will start buying chips tomorrow and prepare to go long." Belfort said with a smile.
"Come on, you two." Sean raised the wine glass in his hand and said, "Cheers to the cause of environmental protection!"
A mafia tycoon, a major polluter, and a Wall Street vampire shouted together: "For the environment!"
"cheers!"
"boom!"
Environmentally friendly, so good!
…
Chapter 140:
Does Lambert Gregg hate Sean?
Hate it!
Sean caused the Gregg family's assets to shrink significantly, at least in terms of stock prices.
However, this did not prevent him from agreeing to Sean joining the company and holding a large amount of equity.
On this point, Greg Sr. advised his son that the money factor only accounts for a small part of what kind of shareholders a company introduces. It depends more on whether the other party has the resources to protect the company or provide greater development.
During this incident, Greg and his son discovered that the small shareholders introduced by the company could not contribute much.
Times are changing, and the concept of environmental protection will inevitably become more popular in the future. Sean, who holds the banner of environmental protection, can only be a friend, not an enemy. Otherwise, the company will never have peace.
We are not afraid of thieves stealing, but we are afraid of thieves missing us.
In addition to this aspect of the problem, Sean promised to solve a series of problems related to the relocation of chemical plants abroad.
Sean will buy a large piece of land in Barranquilla, the fourth largest city in northern Colombia, to develop an industrial zone. Chemical plants can be relocated here. At the same time, the overseas base of the security company will be built here to ensure the absolute safety of the industrial zone.
Safety.
This is also something that the Greg family cannot do.
If the relocation is really successful, the production cost will be greatly reduced. After all, the labor cost will be reduced ten times.
What's more, you can still make a profit in the stock market.
This is a version of Ship Deep that Lambert Gregg never played.
How could a serious industrial company experience such big fluctuations in such a short period of time... If you deliberately create problems, you will be investigated.
As soon as Lambert Greg announced the company's new strategy for the future, Sean's cooperation immediately followed.
Jim's team and the legislators who had good relations with the two families, including Governor Benny Carville, were all persuaded by Sean to give a speech of praise.
Then, use the same price as "advertising fee" to buy newspaper space.
Of course, newspapers will not violate the principles of journalists. After all, good news is the truth, and they only report it 'truthfully'.
The stock price has risen by more than 20% in just three days. Although it is still far from catching up with the previous stock price of Gregg Chemical, this shows that the market is generally optimistic.
Three days later, Lambert Gregg announced again that the company would be relocating and that the Trenton site would be sold.
Land is one of the most valuable assets. Selling land and relocating a company is undoubtedly equivalent to selling off assets, and relocation is not a trivial matter. No one knows the specific impact of moving to a new place, which undoubtedly greatly increases the risk.
Sean then spent money to follow up and ridiculed Lambert Gregg for being crazy. This was a bad decision.
The stock price fell in response.
Four days later, the company announced that it would unpack its business and that the original polluting operations would be relocated overseas to build new factories.
This has undoubtedly increased the risk rating again. In the eyes of Americans at this time, everything outside the United States is undoubtedly "wild", and most people are not optimistic about Greg's future prospects.
The stock price fell again.
During this period, Belfort went short selling like crazy and once again made a lot of money. At the same time, Sean also ordered Belfort and Lamb to secretly purchase Greg's stock.
Sean has reached an agreement with the Greg family to join the company, but how much stock he will receive depends on Sean himself. The Greg family will not care about this.
Such several news from the "underworld" caused the stock price to fall below the previous low, and Sean once again made more than 20 million US dollars in the stock market.
However, he couldn't get this money, so he used it all to absorb the shares of Greg Chemical. For this reason, he also took half of the 43 million he earned last time, and took a total of 40% of the company.
shares.
During this period, the Gregg family was also quietly acquiring shares from small shareholders, increasing the company's shares from 30% to 48% in one fell swoop.
After learning that Sean had absorbed 43% of the company's shares, Greg and his son were shocked. They were both afraid that Sean would almost lose the company to him, but they were also happy that Sean was very optimistic about the company.
Of course, during this period, the actual losses of the Gregg family were not large. The real losses were those small shareholders and stock investors...
Land transfer, splitting, and relocation are still just news, and actual operations will take a long time.
Sean also took his energy away from here.
…
The government has increased investment, which has somewhat expanded the financial prospects of the garbage disposal business.
Although there is still not much profit to be seen, at least it is certain that there will be no loss of money.
What's more, Sean has used "Jim" to raise the banner of environmental protection. There will be many opportunities in the future to slowly increase the government's investment in this area.
With so many factors at play, banks are naturally willing to lend money to Sean to purchase a garbage disposal company.
Benny Cavill did not disappoint Sean and kept the price of the garbage treatment plant left by DiMio as low as possible.
In the end, Sean only spent more than $1 million in cash, and used loans to finance garbage disposal businesses throughout the state.
Sean would rather keep the cash in the bank than take it all out himself.
Of course, Gilbert was very happy about this. This was Sean showing his kindness to him.
There will be a lot of cooperation between us in the future.
"Does the company still need to change its name?" Saul asked without looking up as he immersed himself in writing the legal document.
"Of course, it's just routine." Sean said casually.
"Okay, that's 'Sean's Garbage Company'..." Halfway through, Sol stopped writing and looked up at Sean while holding back a smile.
"You are the fucking trash!" Sean's face turned dark and the corners of his mouth twitched.
"Look, don't all the companies under your name have this name!" Saul spread his hands. If it weren't for the smile that couldn't be concealed on his face, Sean would have damn well believed it.
Several people around him couldn't help laughing at this time.
"Is that garbage I collect?" Sean glared at everyone, "That's treating the earth's injuries, that's protecting everyone's living environment, how noble is that!"
"Call, 'Sean Environmental Protection Company'!"
Saul smiled and nodded and continued writing documents, but Bill and the others couldn't help but ask: "Boss, what are you doing this for? We don't transport drugs, so there's no money to be made from this!"
"You know what the heck." Sean rolled his eyes, "There are a lot of good things in that garbage, it's just that the people from Dimio didn't know how to play with it before."
To be continued...