Chapter 1,394 Definitely Win(2/2)
If this issue is not clarified, let alone whether he can win the final victory, Ning Weimin will not be able to correctly assess the situation between the enemy and ourselves, and even his confidence in continuing the confrontation will be shaken.
Fortunately, Picardon was well prepared in collecting information and paid enough attention to this opponent.
As soon as Ning Weimin asked the question, the master clearly told Ning Weimin the secret.
"Ah, Ning, you don't know yet. Dior clothing under Bernard Arnault's name was listed two months ago, so most of the LVMH shares this guy increased his holdings should have been purchased with the funds raised from the listing.
of."
"What?" Ning Weimin couldn't help but repeat, "Dior clothing is on the market?"
"Yes, that's right. As I just said, Lazard is Dior's underwriter and sponsor..."
"You also said that he used the funds raised from the listing to purchase LVMH shares..."
Facing Ning Weimin's need for confirmation, the master continued to nod.
"Well, it should be like this. Bernard Arnault started to increase his holdings in Dior clothing after it went public. Otherwise, how would he use the money? Although Lazard is an investment bank, its funds are limited, not to mention France.
It's just a branch. They can't really spend a billion dollars to support one customer. The risk taken is too great and they can't afford it. Spending less and doing big things is their preference..."
"What's the current market value of Dior? How many shares has Bernard Arnault issued?"
"This...if you want to know, I'm afraid I have to ask..."
After saying that, the master asked Ning Weimin with some confusion, "Is this matter important?"
Ning Weimin nodded without hesitation, "very important", and even repeated with a solemn expression, "very important".
So the master no longer hesitated and picked up the phone in the hotel room. Five minutes later, the paper on which he recorded the information was pushed in front of Ning Weimin.
"Look, the current total market value of Dior clothing is about 1.37 billion US dollars, and the circulating market value is 890 million US dollars. It has increased by 16% since it was listed. Now it is on par with Arnault.
Bernard should have issued 65% of its shares to the outside world, raising about 650 million U.S. dollars. He cooperated with Lazard
They are becoming more and more tacit. Originally, Dior's net assets were only US$400 million. However, by purchasing LVMH shares, they not only consolidated their control over LVMH, but also increased their net assets, further supporting the market value of Dior clothing.
They really played a good card. Both parties made a lot of money in this business..."
The master refused to say anything against his will, even if he looked gloomy, he could only admit his opponent's shrewdness, killing two birds with one stone.
However, Ning Weimin's reaction was completely different from what he imagined.
Not only was he not discouraged at all, but he suddenly burst out laughing when he looked at the note.
And not only that, besides laughing, he also shouted excitedly.
"Master, my master! Great! This is not a bad thing, this is a good thing. Originally, I was worried that this guy was a ferocious hedgehog and would not be easy to talk to. I didn't expect that this guy actually used the funds from the stock issuance to buy shares, and also used
Dior Clothing comes to hold shares! Now there is nothing to fear, we will definitely win this time!"
"What? You said we can win?" The master couldn't believe it.
"Just because he used the funds from the stock issuance to purchase shares and also used Dior clothing to hold shares?"
"Yes, that's right! That's what I mean! This guy is simply asking for his own death, and his Dior clothing is his weakness! If we catch his Dior, we've caught his tail."
The master blinked, still unable to understand.
After all, the old man was born in the 1920s. He only knows how to make and sell clothes, reduce costs reasonably, and make money through OEM licensing, but his understanding of the game model of the capital market is relatively limited.
But even so, Ning Weimin was so happy that he almost stood on the table and danced.
Picardon finally felt relaxed.
Inexplicably, he had an inexplicable sense of trust in Ning Weimin.
Chapter completed!