Chapter 237: Explosive profit of 2.3 billion, little cotton-padded jacket leaks!(1/4)
The Australian agent is as cool as Song Guangyao.
First announce the closure of the store, stop representing HM, and then sue...
As for the next step, will it be to fly to Xia Kingdom to find Wang Yi and request to represent Meiyou and Zhenyou?
Become an agent of Meiyou and Zhenyou?
Wang Yi burst into laughter: "What the Australian agent is doing is so stupid!"
Foreigners are far inferior to Chinese people in the application of military art.
However, they have one advantage, that is, they are good at learning and learn from others!
In Australia at the moment, American pomelo pure lust style is selling like hot cakes, but no one is paying attention to the Australian HM store, and the revenue has dropped sharply.
Brand image is so important.
Seeing that the store cannot make ends meet, is losing money every day, has a backlog of inventory, and is suffering heavy losses... the agents are also worried!
I have long wanted to stop being an agent and cut my losses in time.
But the contractual constraints and liquidated damages limits prevent them from going back on their word.
Until I saw the shady operation of Song Guangyao, the general representative of Xingzhou HM, not only did I stop my losses in time and stopped acting as an agent for HM, I also sued HM for a huge sum of money!
He even directly became the dual-brand agent of Meiyou + Zhenyou, making a lot of money!
From the HM agent who was losing money every day, to the Meiyou and Zhenyou agent who were making a lot of money every day, they rose to the top in one step!
A really bad hand of cards, a king bomb!
Now the Australian agent completely understood it and learned it!
Decisiveness also comes in such a wave!
As a result, Wang Yi was happy! The Australian agent was excited! Inditex Group also laughed!
The only tragedy is HM, its shareholders and investors...
The general agent of Sin Chew changed sides and lost the entire Sin Chew market. HM already suffered heavy losses and its stock price plummeted.
If it loses the Australian market, which has a much larger market, then HM will be in dire straits.
After all, Australia’s area, population, GDP, etc. are several times that of Singapore!
For a moment, HM's head was as big as a bucket, and Jiaford was even more anxious:
"The Australian market is too important. We must not give up. We immediately send a team there for emergency public relations to stabilize the Australian agents!"
"Yes!" the subordinate responded quickly.
"This matter must be done well. If the Australian agent is allowed to follow Song Guangyao's path and turn back and become an American pomelo agent, then we will not only lose the Australian market, but also the consequences of this matter.
The negative impact caused the stock price to plummet!”
Garford's face was extremely solemn. The blow caused by this incident to HM was absolutely fatal!
"Then I'll ask the public relations manager to go there in person!"
Garford waved his hand: "Not enough, let the vice president follow! This matter must be resolved today. I want to see good results before the market closes. Otherwise, our stock price will fall very ugly, very ugly!"
"yes!"
"In addition, notify the finance department to prepare funds and fight to the bitter end to bring the stock price back!"
"yes!"
Order after order was issued, and the entire HM became frantically busy.
The vice president personally took the public relations department and went straight to the airport to fly to Australia.
On the other side, other senior executives of HM also kept calling the Australian agents, trying to appease the Australian agents.
But the Australian agents either didn't answer the phone at all, or the assistant answered the phone and said, "The boss is in a meeting..." "The boss is busy..."
All in all, there is no progress.
"Damn Australian agent, he is determined to imitate Song Guangyao and betray him!"
Garford thoroughly understood the situation and could only ask the financial department to prepare funds to continue to rescue the market and bring back the stock price.
The news about the betrayal of the Australian agent became a hot topic and almost became the straw that broke the camel's back!
HM’s stock price plummeted crazily, from the opening price of more than 30 yuan to 27 yuan, and now it has reached 25 yuan!
"Chairman, should we rescue the market now?" the subordinate asked.
Garford thought for a while and shook his head: "No rush, let's wait and see. Wait and see if there is any good news from Australia."
"If good news comes from Australia, the agents are appeased, and the crisis is resolved, HM's stock price will go back up a bit. When we take action, it will be more stable."
Moreover, after several bailouts, HM’s liquidity is now low.
And Meiyou keeps causing trouble.
Although Wang Yi did not end directly, the CEO of Sin Chew turned against him a few days ago, and now the CEO of Australia switched sides, all because of Meiyou!
What's more, there is the Inditex Group, a sworn enemy, who will burn their money to kill HM!
Garford had to be prudent and use limited funds to deal with these crises.
Wang Yi looked at HM's falling stock price and smiled slightly: "It seems that HM is not planning to rescue the market for the time being, so let's do it!"
"For stocks under 26 yuan, how much do you charge?"
"yes!"
As a veteran clothing giant, HM has a peak market value of 340 billion.
It’s so sad now that even after being cut in half, the market value can still be guaranteed to be in the hundreds of billions level.
After all, a skinny camel is bigger than a horse.
In this way, it is not a problem for HM's stock price to remain above 30.
After these storms pass, it is possible that it will rise back to 35.
Wang Yi had to take the opportunity to repurchase, not to mention 25 and 26, even 27 and 28 were considered cheap prices.
After Wang Yi's large-scale repurchase, HM's stock price soon began to rebound, rising to 1!
"Chairman, our stock price has gone up!" the secretary said excitedly.
Garford beamed with joy: "Let me tell you, our HM has a solid foundation. We can rise back on our own without bailing out the market. There is no rush now, let's do it steadily."
"Yes, come on steady." The secretary smiled sweetly: "Can I take a leave and go to the hospital for a check-up?"
"Hospital? Check!" Garford said happily: "Okay, go quickly, I will ask the driver to take you there!"
"Thank you, dear." The secretary smiled charmingly, gave her a sweet kiss, then twisted her hips and left.
She had already made arrangements for the hospital, and it was time to move forward to the next step.
at the same time.
Seeing the stock price of HM rising back, the chairman of Inditex Group frowned:
"Sure enough, HM is unwilling to give up and is frantically trying to save the market! But, how can I make you do what you want?"
"Smash it, keep smashing it for me!"
"Smash it to 26, no, 25! Hit it to 25!"
"We must not let HM's stock price recover."
"Chairman, we don't have many HM shares in our hands..."
"There are not many left, so buy. Buy at a high price and sell at a low price. As long as we lower the price, others will follow suit and lower the price!"
Sure enough, after Inditex Group's operation, HM's stock price hit 25 yuan again.
Seeing this, the others followed suit and offered 25 yuan.
Wang Yi smiled slightly and continued to buy the bottom.
As a result, Inditex Group regarded Wang Yi as a member of the HM camp and slashed prices wildly, and Wang Yi bought the bottom.
That night, Wang Yi collected a lot of ultra-low-priced HM stocks.
Until the market closed, HM did not wait for any good news.
Gafford contacted the vice president again: "James, have you arrived in Australia? Have you met the agent?"
"I haven't seen them, Chairman. They can't get through on the phone and they are all sleeping. I plan to wait until they have breakfast and see you again."
"Yes, you still have to be polite."
Garford nodded and then came to his senses. It was just tomorrow in Australia at this time.
James had breakfast, separated from the team, and went to meet different agents.
James came to the door of the largest agent and expressed his intention: "Hello, I am James, the vice president of HM Group. I would like to meet Mr. Scout."
A middle-aged woman smiled and said: "Hello, Mr. James, unfortunately, Mr. and Mrs. Scout left early in the morning and haven't come back yet."
To be continued...