Chapter 258: What an outrageous algorithm!
Yao Yingsong is well aware of the strength of those foreign giants.
To describe those foreign capital giants as "unscrupulous means" is an insult to the word.
Even if you use the most ruthless means, you are still a human being after all.
But which of the things that those capital giants have done over the years can be done by humans?
They are not nice guys...
They think it is a waste to eat people alive, and those who suck the marrow out of people's bones are despised in the industry.
It looks like a regular collaboration, but considering the identities of both parties, it becomes unusual.
Anyway, there should be no one in the country who can make Wall Street change its mind.
Almost none of the companies they target can survive.
An impossible thing seemed so insignificant in Li Yuan's eyes.
One could even tell from his expression that he had anticipated this day.
This game is not a draw.
Li Yuan is still raising the price, which means he still has bargaining chips .
Wall Street is getting anxious, which means they have no bargaining chips left.
Can crush Wall Street and still be several steps ahead...
In this game, Yao Yingsong can only do one thing.
Shout '6'
There is no doubt that Li Yuan has given him another credit. As long as he can successfully negotiate the deal, his signature will definitely be on this achievement.
…
After Li Yuan returned, he ate something and prepared to sit on the sofa for a while before going to sleep.
At around seven o'clock, the phone rang.
Li Yuan answered the phone.
"It's great that you can answer the phone, Mr. Li Yuan. I know you've been up all night in China. It's rude to call at this time, but I do have something to discuss with you. I hope you can understand."
Li Yuan smiled and said, "Of course, after all, we are all workers. For work, this is nothing."
The other party could not accurately understand the meaning of Li Yuan's words, after all, the grammar of 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 offer, right?"
"Mr. Li Yuan, I don't think a subordinate's offer can represent your opinion. Subordinates are not qualified to make decisions for their boss at any time."
The meaning of this statement is very clear. They cannot accept Yao Yingsong's offer, otherwise they would not 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 are worth more than $38 billion.
Parity is almost impossible. After all, if they were willing to do so, they would have already used their funds to get their own chips in the market.
To put it bluntly, during the entire process, Li Yuan violated the rules halfway through, and they definitely violated the rules throughout the entire process.
What kind of bullshit rules are there? They don't exist at all.
They can operate it however they want.
Different institutions hold meetings every day, and when they have nothing to do, they look at the backend data to calculate every holding of Kingkong Capital clearly.
Without any tricks, you can't win.
"We can offer $13 billion, and we can also take on your additional chips at the closing price. I can assure you that Nvidia will not have a good market in the future. It will drop by at least 40%, and the current price will not be there in the next few years."
Li Yuan: "Mr. Richie, I know you are upset because of the loss of a sum of money, but that sum of money really has nothing to do with me, and I am not the one who is manipulating it."
Li Yuan never admitted from the beginning to the end that he had another fund involved in the operation, but he did not explain it when the two parties communicated last time.
Now the other party may have recorded it. If I don’t reiterate it, I’ll make him bear a false accusation.
This kind of thing, which would be infamous in our country, is too common in America.
They can detain people without any evidence. Even if they are not in the United States, they will request local arrest and then extradite them.
No matter what China does, it always insists on having a legitimate reason.
"Mr. Li Yuan, you are already amazing. 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 only 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 quickly said, "OK, OK, let's not talk about this topic. Do you think the offer we made is sincere enough?"
"That's very insincere. I won't give my profits to others, and I won't negotiate prices for others. So, you only need to consider the stocks of Sky Capital. Other stocks are not within the scope of our discussion."
"What's your target price?"
"30 billion US dollars, I'll give you a 30% discount."
"30% off? Sir, it's 20% off."
"Mr. Rich, we have to calculate based on the landing price. The price has increased from $300 to $382. Isn't that a 30% increase?"
Richie: “…”
This dead memory!
It reminded him of the days when he was doing homework in college. Even though 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? There's no way they could afford that. Only a fool would do that!
"Mr. Li Yuan, let's talk about a sincere price again."
"Okay, I can lower it, but I hope Mr. Richie can understand that the discount I'm talking about is based on the landing price because that's my calculation habit."
"Yes, I understand."
Richie really didn't want to get hung up on this shit, no matter what the discount was on, the price was too high and he wouldn't take it at all.
Li Yuan said, "Then I'll tell you my bottom line price: 60% off."
"Mr. Li Yuan, your price is really not sincere at all. We are only willing to pay 13.5 billion US dollars at most. The extra 500 million US 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 still require more than 27 billion US dollars.
They can't even come up with $17 billion.
No one in the world would even be willing to pay more than $17 billion to buy a restricted stock.
Li Yuan said: "Then I can only say sorry, I should go to 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 in one go.
Moreover, if only two parties were negotiating together, the room for bargaining would be too limited.
Even if he said he would give me a 50% discount, I should still disagree.
He immediately called Yao Yingsong and said, "Manager Yao, I'll give you a contact number. Please contact them and tell them that Pioneer Capital is negotiating with us about Nvidia stock and that they are ready to buy all our shares at a 40% discount."
"Okay, I'll do it right away."
Li Yuan continued, "Remember to analyze with them what Pioneer Capital might do after acquiring the stocks, such as additional issuance and stock splits. Also, emphasize that Pioneer Capital already holds more than 33% of Nvidia's shares. As long as they acquire Sky Capital's shares, they will exceed 51% in one fell swoop. After that, tell me the price they can offer."
"good."
…
Chen Jie, who was standing by, waited for Li Yuan to hang up the phone before saying, "You are trying to set up a trap for Pioneer Capital. The discount you mentioned to Pioneer Capital naturally included a coefficient, but when you explained it to Yao Yingsong, you didn't emphasize that coefficient."
"Really? They're all the same, right? There's no difference."
Chen Jie smiled and said, "It's a big difference. Based on the current market value of $38.2 billion, a 50% discount would be $19.1 billion. If we follow the logic you told Pioneer Capital, it would be $25.5 billion."
"Hmm? My mental arithmetic skills aren't that great, is there such a big difference?"
"Well, if it's 40% off, one is 15.3 billion US dollars, and the other is 23.9 billion US dollars."
Li Yuan: “…”
He really only knew the rough idea, but Chen Jie figured it out right away.
"Great! I'm going to sleep now. I'll leave my phone outside. If Yao Yingsong calls, please answer it."
"Yeah, okay."
Chen Jie watched Li Yuan go to the bedroom.
I just felt a little disappointed because Li Yuan forgot one thing.
…
For redneck capital, the current situation is very struggling.
After they learned from Vanguard Capital and BlackRock that it was Skyworth Capital that sold them the stocks, they understood why the price was so cheap.
First, let them fall into the trap and force them to buy the stocks held by Sky Capital at a high price.
The same product will definitely have different prices.
Although they are enemies of Vanguard and BlackRock, they will not sit idly by and let Chinese capital make money from the American market.
Therefore, after much discussion, they gave up the idea of controlling the situation and decided to unite to prevent China Capital from succeeding.
However, now, something unexpected happened.
Neither side is willing to invest any more money.
If there is no solution when the market opens today, the possibility of short-term cashing out will be completely lost.
In the long run, the situation will be made worse as the ban on stocks held by Kingkong Capital is lifted.
They are restless...
If I had known earlier, I would have taken the chips from Sky Capital, directly controlled Nvidia, kicked out Vanguard and BlackRock, or at most allowed them to get a little share.
The current situation is beyond expectations.
They could never have imagined that under such a level of control, there were still people holding so many chips.
Just at this moment, Yao Yingsong called.
When they heard that Pioneer Capital wanted to take away Sky Capital's shares at a 40% discount, they realized the problem.
Of course they knew about the stock issuance and stock split. What Yao Yingsong said only deepened their sense of crisis . Even if he didn't say it, they knew what those people were going to do.
Otherwise, who would hold a high stake for no reason?
There is not just one dealer.
60% off?
The other party did not say how much money it was, but just said that Pioneer Capital was willing to take it at a 40% discount.
The closing price is definitely used as the benchmark, after all, this is a subconscious concept.
It only costs $15.3 billion.
This price is neither high nor low, and compared to Nvidia’s current stock price, it is really nothing.
Nvidia’s current market value is only 240 billion yuan, and it has fallen by more than 20 points in three days, from 310 billion yuan to the current level.
They held an emergency meeting, at which almost everyone made the decision to grab the chips before Pioneer Capital .
Nvidia already has the foundation, and they may not necessarily do better than Vanguard and BlackRock, but at least they won't lose money.
If they were allowed to take controlling stake, all of our financial chips would be stuck in a quagmire. If we couldn't spend them in the short term, the cost of using the funds alone would be an astronomical figure.
Their investment is not small, almost 30 billion US dollars in total.
The chips of Sky Capital are very cheap, at least more cost-effective than the chips they currently have combined.
In the middle of the night in the United States, they called Yao Yingsong again.
He received a reply that he could prepare the funds first, and he would notify Li Yuan after Li Yuan woke up.
Redneck capital accepted this argument.
However, it is inevitable that there will be some traitors within the redneck capital.
In other words, there were no traitors originally, but after cooperating with Pioneer BlackRock, traitors appeared.
Richie got the news late at night.
It is not clear how much funds Redneck Capital has raised.
But the spies they arranged found out a definite number: 40% off.
Richie calculated it. He did not 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 wouldn't buy it at a 40% discount!"
"Go confirm this news again!"
He ordered someone to contact the spy again.
After all, the spies that can be planted are definitely not the top level of redneck capital. Those top level people have their own interest groups and will not easily become traitors.
Half an hour later, Richie received a recording of the meeting.
It was clearly stated in the recording that Sky Capital used Pioneer Capital as an excuse, saying that Pioneer Capital was willing to acquire the company at a 40% discount...
"Damn you bastard, there's nothing wrong with my brain, how could I accept a damn 40% discount? Even if it's 30% or 20% off, I won't agree to it under that damn algorithm! I won't even agree to a 10% discount!"
Under Li Yuan's floating benchmark, 0% off is equivalent to 50% off the fixed closing price benchmark.
It’s like buying a stock and after it drops by 50%, the share price needs to double to get your money back.
Richie began to panic.
If that group of redneck capitalists really take over the stocks held by Sky Capital, things will become 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?
The two parties cooperated in the first place because they did not want Kingkong Capital to have any control at all.
But now, no one is willing to pay billions or even tens of billions of dollars for a short cash-out period of four months. The chips in the hands of Sky Capital have become something that can dominate the situation.
Whoever gets it will have the final say in the next few years.