Chapter 615: Misfortune (1/2)
Today is the last Friday in May. At the gate of the Vienna Stock Exchange, it is already crowded.
The Austrian Securities Management Law clearly stipulates that listed companies must publish their financial statements once every three months, the next month.
Because companies are listed at different times, the reporting cycle is different, and many companies publish financial statements at the end of each month.
On Friday, the market is closed on Saturday and Sunday, which can leave a reaction time for the market, so that investors will not be impulsive and sell off.
If it's good news, don't wait until the end of the month.
The financial statements of the company will also be published in financial newspapers, but it is only a few hours later than the time published by the exchange. In normal times, there are not so many people.
Now it is clearly the exception. Strikes have been going on all over Europe in the past few months. The performance of the strike companies is naturally not good, and everyone is prepared.
Maldonado is also a member of the investor. He usually does not look at the public announcement of the securities. Anyway, even if he watched it on Friday, it is too late.
Today is an exception. The Dakore textile mill, which holds the most shares, is to publish financial statements. Deep down, Maldonado is already looking forward to a little loss for the Dakol textile mill.
No way, he's locked up. Since the outbreak of the strike, the shares of Dakoer Textile Mill have been falling, and they have been selling more and buying less.
The stock price has not fallen to the end. It is a big cause for Dakorn textile manufacturers, with supporting industrial chains, strong anti-risk capabilities, and investors are confident.
Watching the crowd, Maldonado decisively waited in the opposite cafe. As soon as I entered the third floor, I heard someone say hello.
”Maldonado, here!”
Maldonado responded: ”You are all here, and it looks like today's results are not optimistic.”
Several people are old friends who know stocks. They have been mixed in this industry for many years. Only when they are not optimistic about the market will everyone gather here to wait for companies to announce their financial statements.
A balding middle-aged man complained: ”Damn, can't you say something nice? Even if it's a fool, it's better than that.”
Maldonado shrugged. ”Forget it, Karen. It's not easy to fool you. If you are bullish on the stock market today, you won't be here today.”
Obviously, the two were already familiar, and they spoke very casually.
As retail investors in the stock market, they only look good on the surface, but they are really worried every day, and they are afraid to relax.
Looking at the hairline of a few people, I know that I usually don't worry less.
An old man next to him pointed to the exchange opposite: ”It seems to have been announced.”
As old shareholders, they have their own set of judgment methods. For example, now that other people are still crowding below, they will know the crowd's response here.
Karen put down the coffee in her hand and said helplessly: ”It's really bad news, Maldonado has to say that your mouth is really smelly!”
Maldonado's face was bitter: ”I don't want to. Now I'm going to confirm below. How bad is the bad news, and who is there?”
A few people looked at each other, and the old man said, ”Wait a while, now the stock market has stopped, and there are so many people below, it's not that bad.”
Time passed quickly, and the coffee on the table was cold. Seeing that the crowd below was almost dispersed, several people went downstairs.
At this time, they found that not only them, but also some ”big men” in the circle appeared together. Obviously, many people are concerned about corporate earnings.
With a sorrowful mood, Maldonado checked the statement of the Dakoer Textile Mill and looked at the specially marked “loss of 1.248 million”. He closed his eyes and could no longer see it.
The reason is no longer important. The loss of this astronomical figure has far exceeded his expectation. There is only one thought left in his heart, ”cutting meat to stop losses.”
You know, the profit of the Dakoer Textile Mill last year was less than 1.5 million Aegis. Now that this loss has been announced, this year's Dakoer Textile Mill will not be able to make up the loss.
Maldonado has heard someone swearing that the management of the Dakol Textile Mill is mentally disabled and will not even work.
...
If there is a choice, the old Lannuo is also reluctant to publish the financial statements at this time. But there is no way. Failure to publish the financial report on time will not only result in fines, but also usher in investigations by regulatory authorities.
Few companies can withstand the investigation, and the Dako'er textile mill is no exception. Anything that is found can be a fatal blow to the company.
Now the outside world is staring at them too much, and even a small problem may be magnified, even the old Lanuo dare not falsify financial statements.
The strike has been going on for more than a month. If the company does not make losses, it cannot be justified.
How many shipments, the total transaction amount, the amount of taxation, these data can be checked, it is not easy to counterfeit.
Theoretically, Aegis goods can also be sold for Aegis, which are allowed by law, but the company pays taxes based on the transaction amount.