Chapter 1277: Grey Rhino

The sudden outbreak of the "Black Monday" incident is like a gray rhino. Its sudden intrusion completely disrupted Mann's rhythm. The stock market crash will cause a series of problems. As Guo Zhaode said, no matter how low Leverage is also leverage. It is impossible for modern companies not to use various financial tools such as bank loans. Especially for companies such as Mann who are engaged in heavy industrial manufacturing. Huge fixed asset investment is the core of their strengths, and it is also their huge burden. , And each expensive amount of business also determines that the customer’s payment must have a long cycle. To solve these problems, financial leverage will inevitably be used. Therefore, Mann has to save his own stocks. This requires Money requires a lot of money, and it emptied the original abundant capital reserves at once.
However, this is not all.
With the continuous decline of the stock market, the entire financial market has spread a breath of sorrow. The people talking about "the economic crisis is coming." This terrible word spreads to the world at an extremely fast speed like a virus. The result of this is that a large number of large investment activities were interrupted or simply terminated, fixed asset investment and consumer demand fell rapidly, and the orders of companies like Mann were obviously closely related to both, so the contract under negotiation was Indefinite postponement. Customers who have already signed orders have been asked to postpone the delivery. Some customers have even asked to cancel the contract even if the deposit is lost...
This is Mann’s biggest problem-in the foreseeable future, a significant reduction in the order amount will be a high probability event. This means that Mann maintains the labor costs of more than 50,000 employees worldwide and the energy consumption of enterprise startups. Expenses, depreciation of fixed assets, rental costs for offices around the world, etc., have all been cut off.
Because of the sharp drop in income, the expenses have not decreased much, and the loss is now!
Salary cuts, layoffs, and cheaper office space have all been listed as response strategies being considered by the company's management. Some board members have even proposed to suspend the acquisition of Steyr and dump some of its shares in exchange for cash. These are all measures that should be taken when necessary.
But at the current stock price, if you sell Steyr’s stock, not to mention whether anyone is willing to take over, even if someone takes over, it also means that Mann’s acquisition plan not only ended in failure, but also because of buying high and selling low. , Resulting in an actual loss of hundreds of millions of marks. In that case, Mann’s financial statements for this quarter will be extremely ugly.
And now letting go, it’s really unwilling. Steyr’s stock price is also at a low point. At this time, it’s the best time to buy. It’s like seeing a long-awaited piece of fat right in front of you. You can eat it in one step, but you have to give up helplessly. This feeling is really terrible!
Since taking office, Dr. Musalson, who has been smoothly rubbing his sore temples, picked up the pen several times but put it down, he was really unwilling to sign the long-awaited company resolution in front of him.
There must be some way. As long as he can survive this period, Mann will be reborn from the ashes and he will be stronger.
The way is actually very simple, everyone knows, as long as you can raise enough cash to make Mann survive this difficult time.
But cash, in the current market environment, is what everyone is eager for, and it is also a precious resource that everyone is fighting for at all costs. All West Hans companies have been shaken by this sudden crisis. Can you still hold a lot of cash in your hand?
Banks, various shadow lending institutions, Dr. Mussalson has seen a lot in the past few days, but at this time, when it comes to borrowing money, everyone shakes their heads—it’s not that they refuse to borrow. They also have no money, because too many people come to them to borrow money these days.
The Munich city government, the Bavarian state government, and Dr. Musselsen have also visited many times, hoping to receive financial assistance from the government, but the result is unpredictable-with the political system of West Hans, a major policy must be decided. The parliament and the state assembly need to hold one debate after another. It is a difficult task to reach a majority agreement between members representing different classes, different interests, and different political parties. It takes a lot of time to compromise interests, but now the most What's missing is just time again!
As a Chinese proverb puts it: "Far can't quench near thirst."
So, what else can be done?
In fact, there are.
Dr. Musarson cast his gaze on a thin document lying in the upper left corner of his desk.
That is a list of the major shareholders of the Mann Group.
The doctor knows that he has already communicated with most of the shareholders, especially the ones holding the most shares and occupying voting seats on the board of directors, and he is the first to approve for help.
Unfortunately, as another Chinese proverb describes, "There will be no eggs under the nest," these major shareholders are often the trendies in the financial industry, and the trendies, this time is also the worst batch...
But there is a name that he has not contacted yet. This person occupies 4.9% of the total share capital of the Mann Group, which is just below the lower limit of 0.1 for the holder and the number required by West Hans law. He has no board seat and natural voting rights. He has never expressed any opinion on Mann’s management. Since his trip to Munich in June, he has not even been to Mann again. He is A perfect financial investor, an ideal financial institution shareholder.
That Chinese man, Eric. Tan, as everyone hoped, his name lay silently on the register of shareholders of the Mann Group.
Even in the weeks following "Black Monday," he did not receive a call or a telegram from this person asking about the company.
But Dr. Musarson has a hunch that this person has the ability to save Mann, and he is also waiting for him to call for help.
But this is not the key question. The question is, what price Mann needs to pay for this person.
And, the price Mann’s board is willing to pay.
Based on his years of experience in planning and serving as the CEO of the group, Dr. Musselson inferred that Eric. Tan will definitely put forward a tricky condition.
Because his appearance is too calm, like an outsider who doesn't care about this investment of hundreds of millions of marks.
This is not normal, even if everyone knows it, Eric. Tan Fu can be an enemy of the country, which is too abnormal-the rich people have money, isn't it because they make money? So, how can a money-making leader turn a blind eye to such a huge loss? At the very least, he should also be concerned about the floating loss of the equity he invested?
There must be something strange!
So the question is, knowing that there must be something wrong with this, do you want to make a phone call to contact this person?