Chapter 1185: Obtaining a large number of shares at a low cost

"President, the latest situation has been investigated clearly!'

Yamakita, the head of the investment department of Nomura Securities Company and also Junpei Hinata's trusted general, entered the office, walked quickly to Junpei Hinata, bowed respectfully, and reported.

'Sit down and talk!'

'Yes, thank you, President!'

Yamakita Yu sat up straight, looked Junpei Tamiya directly in the eye, and then reported:

"I have asked everyone we know about shareholders and shareholder institutions to call and verify it one by one. The major shareholders such as the Nomura family, Sanwa Bank, and Island Life Insurance Company have not been approached by Wells Fargo for a bet.'

'However, institutions of other shareholders such as Daiwa Bank and Tokai Bank have basically agreed to the bet, and the shares have been transferred.'

'According to statistics, it has been confirmed that Wells Fargo has obtained 181 million shares in our country, accounting for 14.45% of the total share capital.'

'As for New York, there is no result yet, but Wells Fargo has a local advantage in the United States. We estimate that Wells Fargo will be able to obtain more than 5% of the equity.'

'A conservative estimate is that Wells Fargo currently holds more than 20% of our company's equity.'

'Once all these shares are sold, it will definitely deal a heavy blow to our stock price!'

Upon hearing this, Junpei Hinata's face turned a little gloomy, and he snorted, 'Baka! Wells Fargo thinks that this will crush us, they are so naive!'

Despite his apparent disdain, he still asked about the company's situation.

'During this time, there have been no problems with our investments, have there?'

Sanbei Yu shook his head and said, 'I have already conducted a comprehensive self-examination. Every investment in the country has been carefully analysed and judged. These investment projects are all on track, and no problems have been found.'

'If problems are found, we will be able to react in time.'

'As for the situation at our New York branch, they also said everything is normal.'

After a moment of deep thought, Junpei suddenly asked, 'What about the short selling of the ocean fishing industry?'

He had personally ordered the short selling plan of the ocean fishing industry company. Mainly because he had obtained insider information in advance through the hidden chain of interests, and knew the situation of the ocean fishing industry company, so he had short sold in advance with a huge move.

If he had not been extremely confident, he would not have been so aggressive!

More than 20 billion yen is at stake, so he can't help but be concerned.

'We're still selling shares. The share price of Taiyo Gyogyo has been falling, and the daily trading volume and turnover rate are under control. We expect to finish selling next week.'

Yamakita Yugo had guessed that the president would ask this question before he came, so he paid special attention to the short selling of Taiyo Gyogyo and casually reported the situation at this time.

'I'm glad to hear that!'

Junpei Hinata immediately felt relieved and said with satisfaction.

'President, Wells Fargo Bank holds 181 million shares of our company's equity in our country. Once they sell, if there are not enough institutions to take over, our company's stock price will plummet. Should we prepare funds to support the stock price?'

Yamakita just asked.

Toshiyuki Tsumura suddenly snapped, 'Stupid!'

Yamakita stood up abruptly and bowed to admit his mistake: 'Yes! I am stupid!'

Tadayuki Sumi said, 'The selling of 181 million shares will definitely cause panic in the market, and other shareholders will follow suit. If we buy all of them, we will need at least 120 billion yen, which will drain the company's capital chain and force us to end some short-term investments early!'

'If we have so much money to prop up the stock price, we might as well use it to monitor the projects we are working on. As long as these projects are not problematic, when we release the first quarter financial report in April, our company's stock price will rise back even if it has fallen. At that time, Wells Fargo will be the one suffering!'

'However, once Wells Fargo sells its shares on a large scale or even makes comments that are not beneficial to our company, you must keep our customers calm and tell the people below you to explain clearly to the customers and prevent them from redeeming their funds!'

'As for capital transactions with other banks, I will handle them personally.'

'Your main task now is to carefully manage all investment projects and make the first quarter financial report as impressive as possible. As for whether to release it early or late, it depends on the actual situation!'

Junpei Hirata's meaning was clearly expressed, and Yutaka Yamakita had no objection. He respectfully said, 'President, you are wise, and I will definitely do my best to follow your instructions!'

'Well, go!'

Junpei Hirata nodded slightly and waved at Yamakita to let him go.

A floor price?

Haha!

It's rare for Wells Fargo to be willing to cooperate so much to suppress the stock price. Wouldn't it be better for him to seize the opportunity to buy back at a bargain price?

After the buyback, there will be fewer shares in circulation, and when it is disclosed to the public, the stock price will naturally go up, perfect!

...

There was no major sell-off.

Wells Fargo Island Branch simply followed normal procedures and disclosed its shareholding to the stock exchange, and it became the largest shareholder of Nomura Securities, causing an uproar in the market. Then there was nothing else. Wells Fargo acted as if nothing had happened, and did not request an extraordinary board meeting or extraordinary shareholders' meeting.

This was completely different from what Tadayuki Junpei and Yutaka Yamakita had expected.

They sent someone to keep a close eye on Wells Fargo's island branch, but they found that after Wells Fargo had completed the VAM with various institutions, there was really no further news, and the equity they had obtained was as if it did not exist.

This abnormal move left Junpei Hinata and Yutaka Yamakita baffled and on their guard.

What Junpei Hinata and Yutaka Yamakita did not know was that after the disclosure of the equity held by Wells Fargo, except for the 5% that was retained, the rest of the equity was transferred at the first opportunity.

The price of the transfer was not at a premium, and it was completely transferred at par.

Wells Fargo had a total of 22.63% of Nomura's equity, including the 8.09% obtained through a bet on Wall Street.

Having obtained so much, in addition to the 5% of equity retained by itself to cover the direction of other equity, the remaining 17.63% of equity was dispersed among a number of offshore registered shell companies, none of which had a shareholding ratio higher than 5%, and there was no need to make an equity disclosure.

In the final analysis, the funds were simply transferred from the accounts of these shell companies to the accounts of Wells Fargo, just passing from one hand to the other.

Wells Fargo then owed a total of 22.63% of Nomura's equity to a group of institutions.

So in essence, no matter how these equity interests were transferred, they did not belong to Xia Yu until the completion of the VAM, and he was merely holding them temporarily.

But in Xia Yu's opinion, these equity interests were his!

Since they are in his pocket, there is no reason to return them!

The valuation adjustment agreement can be resolved by spending money in due course!

After all, if you want to get the equity held by these institutions through acquisition, not to mention that it is impossible to complete it all in two or three days, it is absolutely impossible to transfer it at a fair price! You will definitely be sucked dry by these financial institutions!

Letting Wells Fargo Bank enter into a valuation adjustment agreement with these institutions is just one way for him to obtain a large amount of equity at a low cost!

In order to facilitate subsequent acquisitions, Nomura Securities' share price had to be suppressed, but not in a crude way like directly smashing the market!

At this time, Xia Yu had already got his other companies moving.

The three main forces are Jiuding Securities, Bridgewater Associates, and Tiger Management!

Jiuding Securities is responsible for Ocean Fisheries and Island Silk Industries.

Bridgewater Associates and Tiger Management entered the New York Mercantile Exchange and are responsible for crude oil futures!