Chapter 10: , Competition 2


In response to Robert’s signal, manager Cameron Oaks said passionately:
Gentlemen, Kotfei has entered the department store and supermarket sector since the beginning of the year and has achieved impressive results in Vienna. The opening is only three short. Starting from scratch in a month, it became the industry's first..."
   "Excuse me, interrupt Mr. Cameron, if you say that the industry is the industry's first loss, I think it is completely unnecessary!" James Held interrupted Cameron kindly
  James Held is Robert’s uncle, the company’s second largest shareholder, and the former company’s personnel director. He founded Cote Flight Department Store together with the elder Robert. He has a great influence on the company and is now retired.
   Robert's face changed drastically, James, who had already retired, came out, obviously he was already very dissatisfied with him.
   "Mr. James, the loss is only a matter of time. After we drive all competitors out of the market, it is time for us to harvest!" Cameron defended.
   "Then Mr. Cameron, how long will you tell me to drive out all the competitors?" Zamar Held (Robert's brother) sneered
Seeing Cameron’s silence, Zamar continued:
We must know that our losses are increasing every day. Kotfei is a big business, but don’t forget that our foundation is a department store, not a department store! All of his power is invested in this bottomless pit!"
   Robert saw that Cameron had already retired, and knew that he should go, he thought for a while and said, "Okay, now we have reached this point. The useless thing is over!"
   "We at Kotfei have invested too much in the department store, a full £80,000! Gentlemen, do you think we can still withdraw now?"
   "What? Eighty thousand pounds, are you sure you are right!" Zamar jumped up and asked Robert.
   "My brother, the information was sent to shareholders yesterday, don't tell me you didn't receive it!" Robert said angrily
For this playboy’s brother, Robert has been impatient and cursed in his heart: "Damn it, it's about this time. You idiot is giving me trouble. I don't know what's going on. It's all of the Herder family. There was such an idiot!"
   Zamar smiled awkwardly, and then knew his position. Obviously he was still a little afraid of his brother.
James thought for a while, and he came out to be a peacemaker and said: "Okay, at this point, let's find a way to help each other! The company has invested 80,000 pounds, which is already one-tenth of Kotfei Assets are gone, we are already overwhelmed."
   After a pause, seeing no one speaks, James asked: "Robert, I am afraid that the company's capital turnover is about to go wrong, right? What countermeasures do you have?"
   "The company has also made a lot of money over the years, and everyone’s annual dividends are not a few. I hope that shareholders will inject a sum of money into the company, and in principle, make a proportional contribution!" Robert said calmly
   The room exploded in an instant, and there was a lot of discussion, some people agreed and some opposed.
   "The company wants to survive the crisis, what is the specific number of the gap?" James asked concerned
   Everyone turned their eyes to Robert, full of expectation. It seems that if the difference is not big, they are ready to pay.
   "I have asked people to move the company accounts, and now there is a shortage of funds, 200,000 pounds, which is your dividend for five years!" Robert said cautiously
   Everyone's faces changed, this number is too big, even if it is divided by shares, it is not a decimal. They must have assets in terms of assets, but whoever has nothing to put in so much cash, either spent or invested in the industry.
   "How could there be so much? The supermarket project only invested 80 thousand pounds!" Zamar asked palely
"It's very simple. Department stores have also been affected. Many of our products and supermarkets overlap, which has affected our profits. The key is the supermarket project, which still needs to continue to invest. This number is only in an ideal state, and it may be needed later. More funds!" Robert explained
   "We can pay out the money, but what is your ultimate goal?" James stared at Robert carefully and asked
   Robert knows that as long as James is persuaded, then today's matter will be done. No one else should worry about it. The sum of their shares has exceeded two-thirds.
   "Clean up that bunch of trash fish, let Kotfei Supermarket and Volvo stand together!" Robert said cautiously
   "Well, very good. Although this goal is somewhat difficult, it is still feasible!" James gave a long-lost smile
   Frankly speaking, Robert is the most capable of the next generation of the Herder family. James has always been very optimistic about this nephew.
   At the same time, I am also very worried about Robert's arrogance. The Herder family is just a late-stage show in the capital field. Without such strong strength, the Austro-Hungarian Empire is still a noble world.
   This time Robert directly fought a price war without any other means. It's not how high his morality is, but he doesn't dare to break the rules at all.
   Facing the Kohari family, if UU reading www.uukanshu.com were not supported by Hungarian flour capitalists, they would not choose to enter at this time.
   "By the way, Robert~ what did those Hungarians say? It's time for them to help!" James went straight to the core
"I have communicated with them. It is not ideal. I have already negotiated before I leave. They provide us with a loan of 200,000 pounds, and they don't plan to contribute any more, except that flour can be purchased at cost." Robert bitterly Say
   That’s right, £200,000 is a lot of money, but it’s a loan and it’s still secured. Except that flour can be purchased at cost prices, they did not get the expected benefits.
"Isn't this expected! They can't do anything for us. You have to implement these conditions as soon as possible. If Ferdinand reacts, I guess these will not be available. You can get a loan later. It's not so easy!" James explained carefully
   Robert said bitterly: "Good uncle, I'll do it right away!"
   Obviously, this incident has dealt a great blow to him, and the influence of the veteran aristocracy is beyond his imagination. Ferdinand only showed some kindness, and the gang of flour capitalists withdrew.
   "Robert is already in the pit, what are you going to do next with Ferrantz?" Ferdinand looked at Ferrantz expectantly and asked
"His Royal Highness, let them sink deeper, let's act! Now I am going to clear the market first, such as reducing the price by 5 points. In less than two months, the supermarket in Vienna will be half dead!" Ferranz said with a face. Smirkly
  Ferdinand also laughed, even though the supermarkets in Vienna are losing money, but Shuanghui Food Group has made a profit. While retail prices have fallen, sales have increased, and the ex-factory prices have not changed.
  
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