Chapter 44 Big move

"Do we still have £6 million in our account?"

"Because whether it is stocks or futures, we all carry out leverage operations in the form of margin, so although our current total positions have reached 27 million pounds, the margin used is not much. If we use funds, we can still use at least 2,000 pounds." More than 10,000 pounds..."

Afraid that Barron was unclear, Daisy patiently explained to him:

“But I don’t recommend doing this, because if too much money is withdrawn, if we face an emergency that requires a margin call, then our positions will be very dangerous and there is a possibility of liquidation.”

Of course, Barron knew all of this. He thought for a moment and said to Daisy:

"I shouldn't need so much. I am planning to conduct a short-selling operation on U.S. stocks in the near future. I hope to get 10 times the leverage for this short-selling plan from Barclays Bank."

"For stocks, they generally can only grant a maximum leverage of 5 times, but it is not impossible. After all, our cooperation with them is larger than that of ordinary users. BOSS, how much funds are you prepared to use for this short sale? "

"£5 million is enough."

"That's not a big problem..."

"Then go talk to them."

Because DS Capital’s current investments in the securities market will take at least half a year to a year if you want to see results.

And before Barron knew it, the projects that needed to be carried out now required a lot of funds - the family trust fund couldn't come up with any money, which forced him to constantly think about what could be done in the short term. Opportunities to profit...

After recalling the news about the securities market during this period in his previous life, he really thought of one thing. A stock was about to start plummeting recently. This was a good opportunity to short-sell and make profits.

So Barron prepared to use this news to make some "extra money" in the past few days. According to his calculations, combined with the market value of the stock at this time, if ten times leverage was used, then 500 pounds of funds would be more appropriate. It will not have much impact on stock trends.

…

"This is what was available at short notice about The Independent and the newspaper's current owner, Independent News Media (INM)..."

It has to be said that Yulia can indeed be called a "workaholic". Sometimes Barron even suspects that she only has work in her life. After notifying her the day before yesterday to help check the matter of "The Independent", early this morning, she I came to Barron's apartment and handed him the thick information in my hand.

"Have you had breakfast? Ms. Moore, you can have some together. The bread I just baked here tastes good."

"Thank you, Your Highness the Duke. I have already eaten. You can do as you please."

Just as Barron was looking through the information in his hand and eating breakfast, Ramos came in and said to Barron:

"Your Excellency, there is a lady named Laura who asked you to meet."

I checked the time on my watch. It was just seven o'clock. My new personal assistant was still very motivated to work.

"Let her come here, Ramos, she will be my personal assistant from now on."

"Okay, Your Majesty."

After Ramos left, Barron faced Yulia with a somewhat puzzled expression and nodded.

"Ms. Moore, you should have heard just now. This Laura. Wong is my newly hired personal assistant. You may need to contact me frequently in the future."

Following Barron's words, Yulia's eyes fell on Wang Wanting. She was wearing a gray professional suit today without any special modifications. This made her a good impression, and the other party's gentle temperament , which also made Yulia relieved. She was really afraid that Barron would find some "voluptuous* thing" to take with him, which would simply become a laughing stock in the aristocratic circle.

At the same time, Wang Wanting also nodded friendly to Yulia.

"Laura, this Ms. Julia Moore is the manager of our family trust fund. You can communicate with her on matters related to the family industry."

After helping the two of them make introductions and let them get to know each other, Barron asked Wang Wanting:

"Laura, you haven't had breakfast yet, you can come over and eat together..."

"I've already eaten, Your Highness the Duke."

"Well, you can sit with Ms. Moore and talk about the family business and get familiar with it as soon as possible."

…

The Independent was founded in 1986 by three journalists from the former Daily Telegraph.

In the first week of its establishment, circulation reached 500,000 copies and stabilized at 330,000 copies a month later.

But by the late 1980s, the newspaper was in dire straits due to disagreements among its founders and lack of funds.

Since 1994, the Mirror Group and the Irish Independent News \u0026 Media PLC have jointly controlled the Independent. After 1998, INM became the sole owner of the Independent.

It can be said that "The Independent" is currently the weakest of the four major national newspapers in Britain. Not only is its circulation declining, but also financially, the newspaper has been struggling in the quagmire.

According to analysis, "The Independent" has suffered significant losses for several consecutive years. Last year, their losses exceeded 10 million pounds for the first time.

It has been previously reported that INM intends to sell two newspapers with serious losses, the Independent and the Sunday Independent, so that they can get rid of these two burdens and use their funds and energy to develop other businesses.

And it’s not like no one has been in contact with INM, but because they couldn’t agree on the price—mainly how to solve the huge debt that The Independent currently bears—the deal ended up being abandoned.

"Your Highness the Duke, if you want to understand the information in The Independent, you don't want to..."

At this time, Barron had already devoured his breakfast. He was not too restrained by aristocratic etiquette in front of the two ladies. He wiped his mouth and said to Yulia leisurely:

"I have such an idea, but I still have to talk to the other party before I can decide."

"But the financial situation of The Independent is very bad. The debt borne by the other party may now exceed 20 million pounds. Moreover, the newspaper has used many methods to escape the continuous losses..."

"That's why we need to talk to the other party. Don't worry, Ms. Moore, I won't act blindly. By the way, how is the investigation over at King's Cross?"

Barron's method of changing the topic to King's Cross was still very effective. Yulia immediately replied:

"We have indeed discussed the purchase of several plots of land. Although the plots of land are not large and do not exceed 1 hectare - they were originally scattered pieces of land such as hotels, clubs and rental apartments, but these are already the most valuable ones. I’m willing to sell it, and it’s not far from the land where our gas tank is located.”

"What about price?"

"These are residential sites with complete procedures, so the price is relatively high. However, even if a premium is given, it is still at least one-third lower than land in other more prosperous areas of London!"

Barron is still very satisfied with this result:

"Very good, Ms. Moore, continue to follow up. I hope to be able to buy all the possible plots in that area. I am going to make big moves there. As for the funds, don't worry about this. I will take care of it."

The data during the new book period is related to subsequent recommendations, so follow-up reading is very important. I beg you not to keep it all the time. If you feel that it is okay, read it every day to help increase follow-up reading. Thank you very much.