Chapter 305: The Depressed Stock Market
Chapter 295 – The Depressed Stock Market
The economic crisis is a disaster for ordinary people, but an opportunity for capital predators. Now Franz is one of the predators, harvesting in the capital market.
As the emperor, he still paid attention to the food, did not give people peanuts, not to mention invited people to fly in a dirt airplane.
Money is endless, there is no need to get into disrepute for the sake of profit. The annexation of enterprises will definitely be met with hostility, if it is just an investment in shares the situation is different again.
Now everyone is short of money, how can we refuse to invest? The idea of investing in companies has been worked out in advance by Franz.
Human energy is limited, even with a mature management team, it is impossible to expand without limit.
In this case, giving up non-core industries would be inevitable. Anyway, it is all about making money, as long as the supervision is done well, it can protect the interests on the line, there is no need to hold.
Looking at the hands of the thick acquisition case, Franz was overwhelmed with emotion. This is a random page, are ordinary people struggling for a lifetime can not realize the goal, but now can not bring up his interest.
……
Listened to the person in charge of the report, Franz calmly said: “the textile industry do not invest again, the British in this field of advantage is too large, at least twenty years can not shake their position, there is no need to vicious competition down.
The latter will focus on metallurgy, shipbuilding, minerals, machinery manufacturing and other fields to increase our influence in the economy.
The Canal Company’s stock will be issued soon, send people to secretly make acquisitions, both domestic and foreign. Only if the price of the stock rises less than double, you can sweep up the stock.”
The royal enterprise making money was only one aspect, it was also necessary to increase the influence on the domestic economy, this was a rainy day.
Even Franz subconsciously pulled together part of the nobility to form a consortium, and it was not just a consortium.
Of course, on the surface of these several consortia and everyone has nothing to do, this is an ordinary business consortium, there is competition between each other.
Playing horse armor, everyone is very professional. There were many ways to make a splash, and there was no need to venture out in this area.
Jung was a vassal of the Habsburg family, serving for the royal family can be traced back seven generations, personal ability is very strong, loyalty is also reassuring to Franz, became one of the main persons in charge of the royal estate.
Jung reminded, “Your Majesty, investing in the canal company is very risky, it’s too early to enter now, it’s better to wait a few years to be more secure.”
When capital reaches a certain level, the importance of the first opportunity gradually decreases. Even if you enter late, you can still rely on your strong capital strength to smash your way out.
The Suez Canal is a huge investment, and whether it can be completed successfully is a question, which also involves the uncertainties brought about by politics.
Originally, the Egyptian government also has fifteen percent of the equity, because of Austria’s accession, the equity directly into the right to dividends. Nominally still France, Austria and Egypt three countries jointly in charge of the canal, in fact, the Egyptians have been out of the game.
To know that the British are opposed to the excavation of the Suez Canal, who can guarantee that there is John Bull to mess up the situation, the Egyptian government will not be because of the interests of the Egyptian government, from which to sabotage it?
Without the cooperation of the groundlings, where to find so many free laborers for the canal construction? Even if you go to the African continent to capture slaves, that also requires a cost.
Obviously, like most people, Jung did not know the determination of the French and Austrian governments to excavate the Suez Canal, or he would not have had this concern.
As long as France and Austria were firm, the Egyptian government would not dare to mess around. If everyone flipped out, the British couldn’t protect them.
John Bull is not a good ally, for the ally of the two ribs is impossible, insert the ally of the two knife possibility is very big.
Franz explained: “Do not worry about the project, the Suez Canal is related to the future strategy of France and Austria, we will not give up.
Once the canal is open to navigation, our access to the Indian Ocean will be greatly shortened, while also getting rid of the dependence on the Strait of Gibraltar.
The question of profitability is even less of a concern, as maritime trade is now growing at a very fast rate, and in the future this golden waterway will be the most profitable canal in the world.”
Seeing that Franz had made up his mind, Jung did not continue to argue. Suez Canal investment looks great, in fact, split up so much.
If the royal family wanted to invest, it was only a matter of a few million guilders, and even if there was an accident, it could be covered. More shares want to buy, but also impossible to buy, after all, Franz is not the only one with vision.
Moreover, for some shipping giants, even if the Suez Canal is not profitable, they have to participate in it, which concerns their future development.
……
The Vienna Stock Exchange, originally a crowded place, became deserted after the outbreak of the economic crisis.
For half a year, there were no new stocks listed here, and the stock traders became listless, so how can they get a commission without trading?
Trading center manager Mark angrily scolded: “A group of lazy goods, all over to me to gather!”
“Jürgen, you idiot, didn’t you hear me? Stop sleeping!”
While saying that, a kick was already sent out.
“If you don’t want to lose your job, all cheer up.”
Hearing the word unemployment, the confused Jürgen immediately woke up. This was a time of economic crisis, and once you were unemployed, it meant that hard times were coming.
Seeing that the crowd had recovered, Mark said seriously, “Listen up, all of you, the Suez Canal’s shares will be listed on the exchange in three days, so now you all go and get ready. Anyone who screws this up for me, I’ll skin him.”
It was not a good day without business, now not only were there no new stocks listed, but even the previous stocks were mostly hedge stocks, the kind that had a price but no market.
Now that new stocks are on the market, it means that the winter is coming to an end, so it’s no wonder that the trading center doesn’t pay attention to it.
Austria can not only only a stock exchange market, Vienna alone has four trading centers, the entire new Holy Roman Empire has dozens of large and small stock exchange centers, we are also to compete with each other.
Yürgen asked suspiciously, “Head, the Suez Canal is not a government project, how will it raise funds in the trading market?”
Mark glared at him and said, “This is not an issue you should be concerned about, what you need to do now is to inform those big clients about this news and then try to convince them to buy stocks.”
After making a fool of himself, Jürgen decisively chose to shut up. As a gold medal stock trader, he had a lot of privileges, for example: sleeping during working hours, arriving late and leaving early, but this definitely did not include challenging the authority of his superiors.
In the era without telephones and automobiles, transportation relied on walking and communication relied on yelling, and it was definitely not an easy task to notify all the big clients within three days.
If the stock market was in a hot period, there was no need for them to go over and notify in person, as long as they published the news in the newspaper, there would be plenty of customers coming to their door.
Now the situation was different, the market was wailing, countless stocks were trapped, everyone was worried about their livelihood, who cared about the listing of new stocks?
This destined the Suez Canal’s shares to be difficult to sell at a good price in the market, and maybe even fall below the issue price.
Under normal circumstances, no one would choose this time to list their shares on the market, and this was what puzzled Jürgen.
(End of chapter)