Chapter 2917
"We can't wait any longer."
Larry said:"Now we must activate some funds to start buying back stocks. Otherwise, if this continues, Wanxiang Group has not taken action yet, and our stocks have fallen to the point where there is no trace..........."
Xie Ge deeply felt the same and said:"Yes! It has only been less than two days, and the drop has been so high. Even during last year's financial crisis, our valley did not have such a big drop!
" The financial turmoil caused by the subprime mortgage crisis swept the world, and the market value of Google fell sharply, once falling to an unprecedented height.
However!
That big drop took several months to decline slowly.
How can it be like now? In just two days, the market value of Guge has dropped to such an extent. It is really unprecedented.
Keep going like this.
Not to mention some time in the future, it is estimated that when the market opens tomorrow, Guge's market value will plummet, reaching a decline that was only achieved in a few months last year.
This is disastrous! not to mention!
Now Wanxiang Group has not completely gone short, it just keeps sending out negative news. Just like this, Guge can't bear it......... have to say!
Vientiane Group is so terrifying!
"Sir, I plan to use two billion U.S. dollars to start repurchasing our Google stock, and I have set the time limit within the next six months."
Larry said in a deep voice.
"Take out most of it at once. If we fail to successfully pledge the equity loan, this money will be used up and we will be finished."
Xier Gai said worriedly.
You know!
The funds on Gu Ge's books now only have less than 5 billion US dollars left.
In other words,.........
There are only more than 4 billion US dollars, and this money, in addition to working capital, also bears the company's daily maintenance expenses and other issues.
For example, the cost of servers, various water and electricity expenses, office building expenses, as well as labor and various broadband expenses.
One month down.
This cannot be paid for with just tens of millions of dollars.
But it requires a large amount of money, which is in the hundreds of millions. Of course, the unit is not another currency, but US dollars.
The remaining money, two billion US dollars was spent at once, so the remaining money is probably only enough to maintain Guge's daily expenses in less than a few months.
This is very dangerous.
Larry said solemnly:"But if we don't take action now, let alone a few months, it is estimated that within a month, we will enter a bankruptcy crisis.""
"These two billion US dollars must be used. Even if the funds are gone later and we can only pledge equity at a low price, we must do this."
"Otherwise, we won't be able to hold on anymore........."
Larry said with a serious expression.
Don't look at the fact that when their Google market value was at its highest, it reached a huge market value of nearly 100 billion US dollars.
But!
In this world, market capitalization is one thing.
The really awesome companies are those companies that can generate cash flow by eating movies. These companies are the ones that can survive for a long time.
And those listed companies with high market value are only a virtual value after all. When the company develops well, it is worth seven or eight levels of this value.
But if something goes wrong, you will encounter all kinds of big disadvantages.
So, a company with a market value of tens of billions is only worth two to three billion, or even lower.
Just like the problem encountered by Gu Ge now
"OK, on the board, I support you."
Xier Gai looked at Larry and said in a deep voice.
Although, he and Larry are the founders of Google and are the shareholders with the highest individual shareholdings. Although there are many shareholders on the board of directors,.........
But if two co-founders come together to implement a plan on something, it is a sure thing.
If two people have a disagreement!
Then, this matter will become obsolete.
With Shelgai's statement, Larry felt relieved.
If it were not for the support of Xie Ge!
I am afraid!
It would be very difficult for him, Larry, to do this in this board meeting, especially when Google has encountered such an important crisis.
"Thank you Sherbeggar!"
Larry thanked
"We're in the same boat now, you're welcome."Beggar Xie squeezed out a smile and said
"Um!"
Larry nodded.
Indeed, he and Sherpa are now tied to the same boat. If the ship sinks, then he and Sherpa will be doomed.
There is no doubt about it..........
"I hope that we can get a response from Qianfen Investment Company within these two days. The sooner the better, otherwise it will be difficult for us to survive this winter."
Larry said in a deep voice.
Today!
The weather is still very cold. Like in northern America, it is still snowing heavily in some places, and the power in many places has been cut off.
But now, Larry only feels that they are like The poor people in areas with heavy snowfall have no money to pay electricity bills, or they live in remote areas, and the circuits are cut off, and they end up freezing to death.
Without liquidity, they face the Vientiane Group, just like this. They can only do this. Waiting to die.
Qianfen Investment Company.
Li Xueer was sitting in the office, in good spirits. She looked at her phone and had already seen the news that had broken out.
"Everything is going according to plan."
Li Xue'er looked at the screen full of red and the stock price of Guge that continued to plummet. She felt extremely happy and felt extremely happy.
"If this continues, Gu Ge won't be able to hold on for a few more days. We'll give them the news in two more days when they can't wait any longer.........."
"Now, it’s better to let the news spread and let Guge’s market value continue to fall for several days!"
Li Xue'er laughed softly.
"Huh!"
At this time, the time was about to reach the market closing time. The trend of Guge's market value plummeting actually stopped, and some gains were still faintly rising.
What's going on?
Li Xue'er was a little confused.
According to the trend at noon, Isn't this plummeting?
Why has it rebounded again?
She continued to browse and suddenly realized
"Neither Larry nor Beggar Sher is mediocre! At this time, Guge's retail investors and some small institutions were all panicked by Guge's bad news and fled frantically. Li
Xueer looked at the handwriting on the phone and laughed softly:"I didn't expect that they could make such a bold and quick decision!""
"Spending two billion U.S. dollars to repurchase Google's shares would be a big deal in normal times! But now........."
"That is of no avail." pps. Please subscribe. Please subscribe.
