Chapter 1184: Build a plank road in broad daylight – go short!

Project No. 2, go short on Taiyang Fisheries Co., Nomura Securities Co. is very ruthless, betting against more than a dozen institutions, and shorting Taiyang Fisheries Co. by as many as 77.3 million shares in one fell swoop. It is now selling the stocks and returning the funds.

They have sold most of the shares so far, and only a small portion remains unsold.

Project 7 is a long position in the small island silk industry company, with a cumulative investment of 30 billion yen. It holds a large position in the small island silk industry company, with 23.5386 million shares, accounting for 6.72% of the total share capital. The current floating profit is 2.213 billion yen.

Project 11, short-term long position in international crude oil futures. The margin ratio for light crude oil futures on the New York Mercantile Exchange is 5%. Nomura Securities has invested a full 100 million US dollars, which has been amplified to 2 billion US dollars to go long. The opening price is 30.18 US dollars per barrel.

Each of these three targets is not small, especially international crude oil futures, there are a lot of players, and it is not easy to fluctuate the price. Therefore, even though it is known that Nomura Securities is going long, it is still difficult to start.

After glancing at the two men with grave expressions on their faces, Xia Yu smiled, picked up the very thin material next to him, and threw one copy each at them.

'The international crude oil futures are being long by the American branch of Nomura Securities, and the Island Futures Exchange has not yet listed crude oil futures commodities. So for this goal, I will let the American side take action, and you can ignore it. Just follow the process at that time.'

'Ocean Fisheries Company and Island Country Small Silk Industry Company are the two companies you need to participate in together.'

'This is the situation of the two companies. After reading it, you will better understand the original intention of Nomura Securities' actions.'

Wang Qi and Matsumoto Yu took it and browsed it carefully.

This material is very thin and light, and there is not much content, just detailed information about the two companies.

First is Ocean Fisheries Company.

Taiyo Suisan Kaisha, Ltd. is a century-old company founded in 1880. It is the leading of the six major fishing companies in the island country, and in terms of annual revenue alone, it can rank among the top 30 in the island country!

Last year, Taiyo Suisan Kaisha, Ltd. had an annual turnover of 1,126.461 billion yen, but unfortunately, the annual financial report released some time ago revealed that Taiyo Suisan Kaisha, Ltd. had a net loss of 711 million yen for the year.

In 1982, revenue increased compared to 1981 and 1980, but net profit fell for the third consecutive year. In 1980, the annual net profit was about 880 million yen, and in 1981, the annual net profit was 232 million yen.

The reason why the revenue reached a trillion yen but the company still suffered losses was due to the outbreak of the second oil crisis.

Since the 1960s, the island country's fishery production has increased significantly, especially the production of offshore fisheries, which has grown rapidly. However, with the implementation of the 200-nautical-mile exclusive economic zone system and the oil crisis that broke out in 1973, offshore fisheries have been hit hard. However, they have managed to survive. After all, when the first oil crisis broke out, the international crude oil price also broke through the 10-dollar-a-barrel mark for the first time.

After five or six years, things finally started to look up again. Ocean Fishing Company made a strategic decision to take advantage of the downturn in the shipbuilding industry and bought a fleet of ocean fishing boats at bargain prices, in preparation for a big push. However, the second oil crisis struck, and international crude oil prices soared to an all-time high of 39 US dollars a barrel. Naturally, the price of petrol and diesel also rose.

Ocean fishing, which requires a lot of fuel, was hit hard again, so Ocean Fishing Company suffered three consecutive losses.

Whether Nomura Securities got the inside information early or analysed it, it is understandable that they shorted Ocean Fishing Company.

The island nation's Koito Industry Co., Ltd. is a large industrial equipment and product manufacturing company founded in 1915.

The company currently employs more than 2,600 people and has a wide range of products, including railway vehicle equipment, aircraft passenger seats, lighting equipment, information equipment, transportation system equipment, environmental control system equipment, sanitary equipment, etc., and customers throughout the island nation's railways, automobiles, island nation highways, transportation departments, and airlines from various countries.

Currently, the total assets of Koito Industries amount to 769.776 billion yen, and its net assets amount to 174.669 billion yen.

At the close of trading this Friday, Koito Industries had a total market value of 478.977 billion yen, a total share capital of 350 million shares, and a closing share price of 1368.50 yen per share.

Before the annual financial report of the Island Country Small Wire Industry Company was released, Nomura Securities Company held a long position of 23.5386 million shares in the company at an average price of 1,274.5 yen per share, accounting for 6.72% of the company's total share capital. A total of 30 billion yen was invested, and the current floating profit is 2.213 billion yen.

For the Ocean Fisheries Company, Nomura Securities Company is short.

For the Island Country Small Wire Industry Company, Nomura Securities Company is long.

Judging from the information, Nomura Securities has made a very wise decision in both projects. The risks are relatively low, which is why Nomura Securities dares to invest such a huge amount of money.

However, while Nomura Securities is in a stable position, it will be more difficult for companies like Jiuding Securities that want to attack.

After reading the information, Wang Qi and Matsumoto Yu both frowned, pondering which direction to start with.

'Okay, you've finished reading the information, and the background to the operation is clear, so let me tell you the overall plan...'

As Xia Yu told the huge plan, Wang Qi and Matsumoto Yu became more and more shocked, because this plan was not just limited to the island country, but involved many places and aspects.

After listening, the two men felt like their horizons had suddenly broadened.

However, this time, Xia Yu was going to take the lead and guide them, so Wang Qi and Matsumoto Yu could only participate as tools and wait for Xia Yu's orders.

What's more, there were some resources that only Xia Yu knew about and could mobilise, and neither Wang Qi nor Matsumoto Yu was qualified to do so.

...

After the plan was laid out, the next day, Monday, as soon as the financial market became active, the operation officially began.

The investment department of the Wells Fargo Island Branch came forward and divided into several groups to attack separately. One of the groups went directly to the Tokai Bank, because the Tokai Bank was the sixth largest shareholder of Nomura Securities on the surface, holding 2.4% of its shares.

Nomura Securities was developing very well, and under the leadership of President Junpei Hinata, it was booming.

Therefore, Tokai Bank is optimistic about the future of Nomura Securities and intends to hold a long-term stake in Nomura Securities as a business tie.

Therefore, in the face of the short-selling business of the Wuxi Bank, which came knocking on the door, the president of Tokai Bank immediately called the president of Nomura Securities, Junpei Tominaga, and only asked about the true situation of Nomura Securities. Subsequently, he agreed to the Wuxi Bank's application for a bet that day, and handed over all 29.88 million shares, a total of 2.4% of the equity, to Wuxi Bank.

At the time of the bet, the real-time stock price per share on the Tokyo Stock Exchange was 619.34 yen per share, and the bet amount was as high as 18.506 billion yen!

The 2.4% stake held by a single Tokai Bank in the island country simply could not satisfy Wells Fargo's needs.

At the same time, Wells Fargo's island branch continued to approach Daiwa Bank, one of the top five shareholders, and other financial institutions.

Meanwhile, Wells Fargo Bank Island Branch also approached financial institutions that held shares in Nomura Securities in New York, USA.

As a major bank that has only emerged in the past two years, Wells Fargo's move to short Nomura Securities has attracted considerable attention in the financial market. How could Nomura Securities, as the target, not get the news?

Detailed information about Wells Fargo's short selling kept coming to the desk of Nomura Securities President Junpei Hirata!