Chapter 258 What an outrageous algorithm!
Yao Yingsong is very aware of the strength of those foreign giants.
It is an insult to use uncompromising means to describe those foreign capital giants.
No matter how unscrupulous he is, he is still a human being.
But which of the things those capital giants have done over the years can be done by humans?
They are not nice gentlemen...
It is considered a waste for them to eat people alive, and they are looked down upon in the industry by knocking their bones and sucking their marrow.
It seems like a regular cooperation, but considering the identities of both parties, it becomes unusual.
Anyway, no one in China can make Wall Street change its mind.
There are almost no viable companies they want to target.
An impossible thing seemed so insignificant in Li Yuan's eyes.
It could even be seen from his expression that he had expected this day.
This time the game is not a draw.
Li Yuan is still increasing the price, which shows that he still has bargaining chips.
And Wall Street is anxious, which means they have no chips in their hands.
He can crush Wall Street and still be several steps ahead...
Yao Yingsong can only do one thing in this kind of game.
shout '6'
There is no doubt that Li Yuan has given him another credit. As long as he can negotiate smoothly, his signature will definitely be left on this achievement.
…
After Li Yuan went back, he ate something and planned to sit on the sofa for a while before going to bed.
At around seven o'clock, the phone rang.
Li Yuan answered the phone.
"It's great that Mr. Li Yuan can answer the phone. I know you stayed up all night in China. It's rude to call at this time, but I do have something to talk to you about. I hope you can understand. "
Li Yuan smiled and said: "Of course, after all, we are all workers. It's just for work. This is nothing."
The other party could not accurately understand the meaning of Li Yuan's words. After all, the grammar between the two parties was different.
"Yes, it's great that you understand. I hope we can have a good talk about Nvidia stock and give each other a chance."
Li Yuan: "No problem, you should know my quotation, right?"
"Mr. Li Yuan, I don't think a subordinate's quotation can represent your intentions. A subordinate is not qualified to make decisions for the boss at any time."
The meaning of this was obvious. They couldn't accept Yao Yingsong's offer, otherwise they wouldn't have called Li Yuan specifically.
Li Yuan did not dwell on this point, but asked: "Then what price do you think is appropriate?"
Based on today's closing price, 17% of Nvidia's shares have a market value of more than $38 billion.
Parity is almost impossible. After all, if they were willing to parity, they would have used their funds to gain leverage in the market.
To put it bluntly, during the entire process, Li Yuan violated the rules halfway through, and they properly violated the regulations throughout the whole process.
What bullshit rules don’t exist at all.
They can operate however they want.
Meetings between different institutions are held every day. If nothing happens, the backend data will be checked and every position held by Qingtian Capital will be clearly calculated.
You won't win without any means.
"We can give you 13 billion US dollars, and at the same time, we can take on your extra chips at the closing price. I can assure you that Nvidia will not have a good market in the future, and it will have to drop by at least 40%. The above prices will not be the same in the next few years.”
Li Yuan: "Mr. Rich, I know you are very upset because of a sum of money, but that sum of money really has nothing to do with me, and I am not the one operating the business."
Li Yuan never admitted that he had another amount of funds involved in trading, but he did not explain it the last time the two parties communicated.
Now maybe the other party has recorded it. If I don't reiterate it, don't get him an unfounded charge.
This kind of thing, which is enough to be notorious in China for thousands of years, is too common in the United States.
They can detain people without evidence. Even if they are not in the United States, they will ask for local arrest and then extradition.
No matter what China does, it always pays attention to the principle of "learning from others".
"Mr. Li Yuan, you are already very powerful. You defeated us with just two accounts. If you have the opportunity to come to Wall Street, I believe you will become our most important guest."
"I don't want to reiterate it for the third time, I just have one account! If you insist on this, then we have nothing to talk about. Good luck to you."
When the other party heard Li Yuan's tone, he hurriedly said: "OK, OK, we won't talk about this topic. Do you think the quotation we gave is sincere enough?"
"It's very insincere. I will not give my profits to others, and I will not negotiate prices for others. So, you only need to consider the stocks of Qingtian Capital, and other stocks are not within the scope of our discussion."
"What about your psychological price point?"
"Thirty billion US dollars, I'll give you a 30% discount."
"Thirty percent off? Sir, this is 20% off."
"Mr. Rich, we have to calculate it based on the landing price. From three hundred US dollars to three hundred and eighty-two US dollars, isn't it an increase of 30%?"
Richie: "..."
This dead memory!
It reminded him of the days when he was doing questions in college. Even if he was a top student, those language traps gave him a headache.
But if you think about it carefully, what is the point of discussing this matter?
Thirty billion dollars? It's impossible for them to do it, only a fool would do it!
"Mr. Li Yuan, let's re-negotiate a sincere price."
"Okay, I can still reduce it, but I hope Mr. Rich can understand that the discount I'm talking about is based on the landing price, because this is my calculation habit."
"Yes, I understand."
Richie really didn't want to have to deal with this crap. No matter what basis he discounted it on, the price was too high and he wouldn't take it at all.
Li Yuan said: "Then I will tell you my bottom line price, 40% off."
"Mr. Li Yuan, your price is really not sincere at all. We are only willing to pay up to 13.5 billion U.S. dollars. The extra 500 million U.S. dollars is because we want to make friends with you."
40% off?
What a joke.
According to Li Yuan’s calculation, a 40% discount would require more than US$27 billion.
They can't even come up with $17 billion.
No one in the world is willing to pay more than $17 billion to buy a restricted stock.
Li Yuan said: "Then I can only say sorry. It's time for me to take a rest. During this period, I hope both of us can think about it carefully."
Li Yuan hung up the phone.
This kind of thing cannot be negotiated at once.
Moreover, with only two parties negotiating together, the bargaining space is too low.
Even if he offers a 50% discount, you should still disagree.
He immediately called Yao Yingsong and said: "Manager Yao, I will give you a contact information. You go and contact the other party and tell us that Pioneer Capital is talking to us about Nvidia stock and the other party is ready to take it from us at a 40% discount." All the chips."
"Okay, I'll do it right away."
Li Yuan continued to explain: "Remember to analyze with them what Pioneer Capital may do after acquiring the shares, such as additional issuance and stock split. Let me emphasize that Pioneer Capital already holds more than 33% of Nvidia shares. As long as you take the shares of Qingtian Capital, you can exceed 51% in one fell swoop. After you finish talking, tell me the price they can give me."
"good."
…
Chen Jie, who was on the side, waited for Li Yuan to hang up the phone, and then said: "You want to set up Pioneer Capital. The discount you told Pioneer Capital naturally has a coefficient, but when explaining to Yao Yingsong, you did not emphasize that coefficient. "
"Really? They're all the same, right? There's no difference."
Chen Jie smiled and said: "The difference is huge. Based on the current market value of US$38.2 billion, a 50% discount would be US$19.1 billion. If we follow the logic you told Pioneer Capital, , which is US$25.5 billion.”
"Huh? I'm not very good at mental arithmetic. Is there such a big difference?"
"Well, if it's a 40% discount, one is US$15.3 billion and the other is US$23.9 billion."
Li Yuan: "..."
He really only knew a rough idea, but Chen Jie could figure it out.
"Awesome! I'm going to bed first. I'll leave my phone outside. If Yao Yingsong calls, please answer it."
"okay."
Chen Jie watched Li Yuan go to the bedroom.
He was just a little disappointed because Li Yuan forgot one thing.
…
For redneck capital, the current situation is very difficult.
After they learned from Vanguard Capital and BlackRock that the stock was sold to them by Prime Capital, they understood why it was so cheap.
Let them take the bait first and force them to buy the stocks held by Qingtian Capital at a high price.
The price of the same goods is definitely different.
Although they are enemies with Vanguard and BlackRock, they will not let China Capital make money in the American market.
Therefore, after many discussions, they gave up the idea of controlling the market and decided to join forces to prevent China Capital from succeeding.
But now, something suddenly happened midway.
Neither party is willing to invest any more money.
If there is no solution when the market opens today, the market will completely lose the possibility of short-term cash out.
In the long run, with the lifting of the stock ban in the hands of Qingtian Capital, the situation will be even worse.
They are restless...
If I had known earlier, I would have taken the bargaining chip from Optimus Capital, directly controlled Nvidia, and kicked out Pioneer and BlackRock, or at most allowed them to drink some soup.
This situation now has exceeded expectations.
They never imagined that with this level of control, there would still be people holding so many chips.
At this moment, Yao Yingsong called.
When they heard that Pioneer Capital wanted to take away the shares of Qingtian Capital at a 40% discount, they realized the problem.
Of course they knew about the additional issuance and splitting of shares. What Yao Yingsong said only deepened their sense of crisis. Even if they didn't say it, they knew what those people were going to do.
Otherwise, who would take a high-level controlling stake for no reason?
It’s not like there’s only one bookmaker.
40% off?
The other party did not say how much it would cost, but simply said that Pioneer Capital was willing to take it at a 40% discount.
It must be based on the closing price. After all, this is a subconscious concept.
Only $15.3 billion is needed.
This price is neither high nor low. Compared with the current stock price of Nvidia, it is really nothing.
NVIDIA's current market capitalization is only 240 billion. It has dropped more than 20 points in three days, from 311 billion to now.
They held an emergency meeting, and at the meeting, almost everyone made a decision to get the bargaining chip ahead of Pioneer Capital.
Nvidia already has the foundation. They may not necessarily be able to do better than Pioneer and BlackRock, but at least they will not lose money.
If they were allowed to hold a controlling stake, all the capital chips on their side would be mired in quagmire. If they could not spend money in the short term, the cost of using the funds alone would be an astronomical figure.
Their investment is not small, and the total investment is almost 30 billion US dollars.
Qingtian Capital's chips are very cheap, at least more cost-effective than the total chips they currently have.
In the middle of the night in the beautiful country, they called Yao Yingsong again.
After getting a reply, he could prepare funds first, and he would notify Li Yuan when he woke up.
Redneck Capital accepted this rhetoric.
It’s just that within red-neck capital, there will inevitably be some traitors.
In other words, there were no traitors originally, but after working with Pioneer BlackRock, there were traitors.
Rich learned the news late at night.
It’s unclear how much funding Redneck Capital has prepared.
But the spies they arranged found out a certain number, 40% off.
Rich calculated it, and he didn't forget Li Yuan's damn algorithm.
After finishing the calculation, he cursed: "Crazy! They are crazy! They dare to ask for more than 20 billion US dollars!"
"This number may not be true, even a fool would not accept it at a discount of 40%!"
"Go and confirm the news again!"
He ordered someone to contact the spy again.
After all, the spies that can be installed are definitely not the top level of red-neck capital. Those top levels have their own interest groups and will not easily become traitors.
Half an hour later, Rich received a recording of the meeting.
It was made very clear in the recording that Qingtian Capital used Pioneer Capital as an excuse, saying that Pioneer Capital was willing to acquire it at a 40% discount...
"Damn bastard, there is nothing wrong with my mind, how could I accept the damn 40% off? Even if it is 30% off, 20% off, under that damn algorithm, I will not agree! I will not agree to even 10% off!"
Under the premise of Li Yuan's floating benchmark, zero discount is equivalent to 50% off the fixed closing price benchmark.
It's like buying a stock. After it drops 50%, the stock price needs to double to recover the capital.
Richie started to panic.
If those red-neck capitals really take over the stocks from Qingtian Capital, things will get very bad.
As for the so-called cooperation agreement?
When there is profit, it is called cooperation. When there is no profit, who are you?
When the two parties first cooperated, they did not want Qingtian Capital to have any dominance.
But now, no one is willing to pay billions or even tens of billions of dollars. In order to have a short cash-out period of four months, the chips in the hands of Qingtian Capital have become something that can dominate the situation.
Whoever gets it will have the right to speak in the next few years.