v3 Chapter 1199： OPEC zooms in! (1/2)
”How is the situation with Kosi Industry?”
After calling Matsumoto Yu and others back to the office, Xia Yu asked about another target.
”Boss, we borrowed 52,556,800 shares of Kosi Industrial Co., Ltd., and sold 26.25 million shares last Monday.”
”Because of the relatively large number of sales, the stock price has some slight fluctuations, the average selling price is 1356.25 yen, and the funds returned are 35.601 billion yen.”
Matsumoto Yu reported the situation to Xia Yu respectfully.
”What is the average daily turnover in the stock market?”
Xia Yu pondered for a moment, then suddenly asked.
Matsumoto immediately replied: ”Boss, the stock turnover rate of Kosi Industry Co., Ltd. is relatively high. Last week's turnover rate fluctuated about 17%.”
”We sold about 21% of the turnover.”
Xia Yu suddenly understood.
This ratio is also good.
After Xia Yu pondered for a while, he instructed Matsumoto Yu: ”In this case, don't borrow any more. The remaining 20 million shares must be emptied this week!”
”Yes!”
Matsumoto Yu answered with his head down.
...
The stock price of Dayang Fisheries is so high that stockholders and institutions are naturally very motivated to sell shares. Nomura Securities’ shortfall of 53.25 million shares was emptied that afternoon.
After buying enough stocks, Nomura Securities Co. stopped buying. After all, with such a high stock price, they don't have much money to spend. They have to spend it here.
It is worth mentioning that after Nomura Securities Company stopped the acquisition, Jiuding Securities Company withdrew the huge purchase order. Suddenly, Dayang Fishery's stock price fell from 330 yen per share to about 310 yen per share. Shan Beixiong and others are about to vomit blood.
They can only look out of sight and out of mind.
In order to acquire the 53.25 million shares, Nomura Securities Company spent 17.6 billion yen.
Add 7.893 billion yen to buy stocks on weekends.
In order to buy back and intervene in the same amount of 77.3 million shares during gambling, Nomura Securities spent a total of 25.493 billion yen.
The previously borrowed stocks, because the shipment plan was disrupted, and the tens of millions of shares were pitted at ultra-low prices, resulting in the withdrawal of funds much less than expected, and only 20.752 billion yen was returned.
With such a reduction, Nomura Securities lost 4.741 billion yen in shorting Ocean Fisheries!
This is equivalent to 11.7% of last year's net profit!
Not to mention the human and financial resources expended for this and other delayed investments.
Not only that, originally Nomura Securities did not intend to repay the stocks so quickly to end the gambling, so more than 10 billion yen of the funds shipped before have been used elsewhere. Suddenly repurchasing the stocks of Ocean Fishery Co. cost a lot of money. , Resulting in a lot less company's liquidity.
It can be said that Nomura Securities Company suffered heavy losses!
This is definitely a shame for Junping Hyuga, who led the rise of Nomura Securities to create glory!
Moreover, Wells Fargo is still short-selling their company on a large scale. Although I don't know where the stock is going, there is definitely a conspiracy.
I originally planned to make the first quarter's financial report more eye-catching, but this loss alone will wipe out a large part of the income.
It is now mid-March, and the first quarter is about to end. It is difficult to find excellent investment opportunities again.
So the company's share price decline is inevitable.