Chapter 927 - Pinching her nose and walking
Chapter 927: Pinching her nose and walking
The old lady heard David’s words, but she didn’t hear any unusual meaning. She smiled.””Don’t they usually settle their accounts at the end of the year? I’ve heard that your company’s accounts with our group have always been very credible. Although we’ve changed shareholders, it doesn’t affect the normal operation between the two companies. We still need to rely on your company’s Diamond Supply in the future. ” In the past, Lin Guiren made gold, silver, and jewelry, and after Xu Cheng provided him with raw diamond Materials, he began to make high-end diamond crafts and brought the company to a higher level, which was why the company’s market value kept rising. If the West did not know how to appreciate the value of jewelry, they would really need a source of diamonds to increase the demand and sales of the Western market if they wanted to break into the West. It was obvious that the group had developed a chemical reaction that relied on this area, and Diamond Products had become the company’s main product. Therefore, the old Madam really needed to be polite with David. “The reason why I settled the payment is because I changed shareholders!” David said bluntly,”previously, the accounts were loose and only settled once a year because I trusted the previous Chairman, but not everyone can let me go through the accounts as I please. So, please settle the goods for the last quarter. Also, I’m here today to tell you that we will no longer provide your group with diamond raw materials from the land of mercenaries.” “W-what?” The old lady thought she had heard wrong. Even Tevez was surprised to hear this, let alone her. This was going too far. “No, Mr. David, we’re doing business. You can’t be impulsive, right? We didn’t say that we won’t pay you. You can ask for a quarterly settlement in the future, but what do you mean by no longer supplying the company in the future?” The old Madam was stunned. “It means that our cooperation will stop.” David confessed. Tevez was anxious.”Mr. David, this is a business with Lin Guiren, and it’s also a business with us. Why are you suddenly saying that you’re not supplying?” If he reneges on his debt, we won ‘t. There’s no reason for us to terminate the cooperation. Our annual sales can mostly digest the supplies you buy from the land of mercenaries. If you stop working with us all of a sudden, will your inventory be overstocked?” “Overstocked inventory?” David sneered and looked at Tevez with disdain.””In this world, who doesn’t want to fill a warehouse with more and more diamonds? It’s not a consumer product. Once it doesn’t work, its market value will rise. Sir, do you know anything about business?” Tevez smiled awkwardly. “Besides, do you think I’m afraid that I won’t be able to sell it? Diamonds are expensive because they’re scarce, and the annual shipment is limited. Not to mention the top diamonds in South Africa and our country, even ordinary diamonds are in short supply and have a market. People can be ignorant, but don’t come out and make a fool of yourself, okay?” David mocked Tevez. Tevez was extremely embarrassed. Although he was annoyed, he didn’t want to fall out with her. Now, not only him, but the old lady was also making requests. If the supply was cut off at this time, where would they find it in a short time? In this world, the diamonds in South South Africa and the land of mercenaries were famous for being top-grade raw materials. Because South Africa had been contracted by other companies long ago, they didn’t lack a supply channel. Otherwise, Lin Guiren wouldn’t have only been in jewelry and gold and silver back then, because there really was no supply channel for diamonds, and it wasn’t that he didn’t want to do it. If it wasn’t for Xu Cheng’s supply of diamonds from the land of mercenaries, Lin Guiren’s company might not have been able to achieve a market value of more than nine billion pounds, which was equivalent to more than ten billion dollars. At that time, his company’s market value was only five billion dollars, and it was easy to imagine how much the diamond products and sales volume increased his company’s market value. The Madame and Tevez believed that they could give up the gold and silver business, but they couldn’t lose the diamond business. However, what he was afraid of came true. Clearly, there was no room for discussion this time. The old lady’s face was wrinkled like an old orange peel, and she squeezed out an ugly smile as she looked at David,””If it’s about the supply price, we can discuss it again. The overall supply price can be increased by 5 points. How about it?” “Can I smoke?” David asked the others. “As you wish.” Normally, he wouldn’t be happy. After all, it was a meeting room, and it was better to be more serious. But now, Tevez and the old lady were smiling. After David lit a cigar, he looked at the four minor shareholders and said kindly,””If you want to sell the shares, it’s not too late. Once the news of me stopping the supply of diamond raw materials gets out, this group’s market value will evaporate by at least 20%!” The Madame and Tevez’s faces changed. If 20% of the old Lady’s Market value evaporated, it would mean that she would lose 800 million pounds for no reason! This was only the minimum valuation. If the company could not find a source of goods and its market value fell back to the past 5 billion US dollars, she would lose nearly 2 billion pounds! How was he going to return the money? Not to mention 20 years, he might not even be able to pay it back in 30 years, because without the profit point of diamonds, the future profits would be even lower. Tevez wasn’t any better. He had just invested 2.2 billion in the 3 billion he had taken out from his family. If he were to evaporate the entire market value, he would definitely be laughed at by the other competitors in his family. If this investment failed, he would be doomed eternally, because the 3 billion that his family gave him was one-fifth of the income and expenditure of the entire family. “Mr. David, you’re really good at joking.” Tevez’s smile was uglier than his crying. Grandma Jian also agreed.”We can talk about any misunderstandings. We’re already sitting here. These two companies have been working together for quite a long time. It’s not very kind of you to do this.” “You’re not selling?” David ignored Tevez and the old lady. Instead, he looked at the four small shareholders and said,””Don’t say I didn’t warn you. In an hour, when I walk out of this conference room, someone will immediately inform the Securities Company of this news. Just wait to lose money.” The Madame and Tevez were anxious. “Mr. David, we can talk things over. Why are you doing this?” Tevez stood up and looked at David sincerely. The four minor shareholders had already taken out their phones and called their lawyers. The old Madam was getting anxious. He was just scaring them when he said that he wasn’t afraid of the four of them giving up their shares. However, at this critical moment, the newly changed major shareholders had been wiped out, and the four original small shareholders had left immediately. In other words, the entire group’s original team had left, the major and second shareholders had been replaced, and the remaining few small shareholders had also sold their shares and left. This was more or less strange and felt like a conspiracy. At this time, the speculators in the stock market would analyze: The company that Lin Guiren single-handedly built up had suddenly given up. Did this mean that he was no longer optimistic about the future of this industry and was looking for another job? If all the original shareholders were replaced, did that mean that there was an internal turmoil in the company? Those vagrants were very sensitive. As long as there was a slight change in personnel in a company, it would affect the stock price, not to mention that all the shareholders of the original structure had been replaced. It was too strange.