The four of them started arguing, and Li Du was dizzy from the noise. He regretted not listening to the black driver and going to another jewelry store to sell the gemstones.
The Americans were really shameless. He was waiting to do business with Roger, and the other three were tearing him down.
Obviously, the deal could not be done. Harry Winston definitely had a problem with its funds. From what the three of them said, they no longer had the money to purchase large quantities of gemstones.
This made him feel a little incredulous. Harry Winston was a big brand in the luxury goods industry. Of course, they mainly dealt in jewelry and gemstones, and could not be compared to LV, Dior, and other giants that were all-conquering.
Regardless, their market value was at least a few billion dollars. How could they be short of a few million dollars?
However, from what the four of them said, Harry Winston was really short of a few million dollars.
Tedrick and the others had no intention of saving face for the group and Roger. They just wanted to quickly transfer their shares and exchange them for cash.
Depressed by the noise, Li Du could not help but interrupt, "Everyone, calm down. I think I understand. Harry Winston is not in a good situation now, right?"
Roger frowned and said, "Mr. Li, you misunderstood. Our group —"
"Who are you trying to deceive at this time? Tedrick shouted. "Roger, go online and take a look for yourself. News of the group's predicament has already spread on the internet. Some media outlets have already started reporting on the Ekati diamond mine!"
Roger opened his mouth and pretended to say something, but his lips moved a few times. In the end, he could not speak, and only let out a dejected sigh.
Norman said discontentedly, "When the group spent a lot of money to buy the Ekati diamond mine, I suggested not to gamble, not to gamble, not to gamble, and in the end, what happened? Who listened? "
"Yes, the global luxury goods industry is in a slump now, and the group still foolishly spent 500 million dollars to buy an abandoned diamond mine. How stupid!"
Seeing that they were about to complain and argue again, Li Du raised his hand and said, "Everyone, everyone, calm down. What are you worried about? Since you are the shareholders of Harry Winston, you should know the strength of the group, right? "
"The group is very powerful, but if it applies for bankruptcy, what can it do? Lehman Brothers is more powerful, right? Didn't it still go bankrupt? "Norman said coldly.
Lehman Brothers used to be one of the four largest investment banks in the world. It went bankrupt in 2008, triggering global financial turmoil.
At that time, Li Du was still studying in China, so he did not know the details. However, for the United States, the bankruptcy of Lehman Brothers had a huge impact. Many companies followed suit and went bankrupt, and many people became penniless overnight.
It was because of these lessons that Norman and the others were so crazy. If Harry Winston also went bankrupt, their later years would really be miserable.
Li Du did not want to get involved in their trivial matters, but Roger was in such a sorry state that he felt sorry for him. Hence, he could not help but speak up for him.
"Obviously, the situation of Harry Winston and Lehman Brothers are different. Lehman Brothers is a huge mess that even the government can't take over. Harry Winston, on the other hand, has a century-old reputation and a century-old brand. It will not go bankrupt. Even if the results are not good, there will be other companies that will take over. "
"You're right, but when other companies take over, what kind of price will they pay for the shares?" Tedrick asked.
Li Du was silent. What Tedrick said was true. If Harry Winston was really taken over, the buyer would definitely try their best to lower the price. At that time, their shares would definitely shrink.
Roger said earnestly, "I admit that there might be some problems with the group's funds, but with our brand, our confidence is there."
He pointed at Li Du. "Look, Mr. Li, didn't you come to sell us these gemstones because of our reputation? We have the world's most famous jewelry brand and the best designers. As long as there are enough gemstones... "
"Yes, enough gemstones. Where are the gemstones? How do I get them? " Norman continued coldly, "Alright, there are some fire opals now. How do you get them?"
Roger stopped talking. His eyebrows were tightly knitted, and he looked like he was in a difficult position.
The speaker did not mean anything, but the listener did. Their casual conversation made Li Du's eyes light up.
This was an opportunity!
Harry Winston had encountered a crisis. This crisis was due to the failure of investments, which led to poor financial management. This made many shareholders lack confidence and want to sell their shares.
Now, the shares could only be sold at a low price. At least, it was much cheaper than when Harry Winston was operating normally. So why not think of a way to buy these shares?
He wanted to enter the jewelry and gemstone industry, and his identity was only that of a raw material supplier.
According to the profit distribution principle of the three-tier market, the raw material supplier's profit was the lowest, and the most profitable were the distributors with channels.
Harry Winston was the distributor. Not only did it have channels, but it also had a reputation that had been built up over hundreds of years.
If he bought the shares and became a shareholder, he would have a place to deal with the gemstones he obtained in the future. He could hand them over to his own company to carve into finished products and sell them.
This way, the profits would be huge!
However, this was risky. How much money did he have now? How many shares could he buy? It was impossible to affect the overall strategic situation of Harry Winston!
In other words, if he was unable to turn the tide, Harry Winston would still go bankrupt and have to be sold. Then his investment would be for naught.
Very soon, Li Du's eyebrows furrowed even more than Roger's. He had encountered a difficult decision that he had never had to make in his life.
Sitting on the sofa, he pondered hard in his heart and did not notice what was happening outside.
After an unknown amount of time, someone patted his shoulder and said, "Mr. Li, are you alright?"
Li Du's thoughts were interrupted. He subconsciously raised his head and said, "Oh, I'm fine. I was thinking about something. Mr. Roger?"
The person who patted his shoulder was Roger. The four of them had stopped arguing. This time, it was Tedrick and the others who were frowning.
Roger said, "Oh, it's like this, Mr. Li. I've let you see a joke. My friends and I had a little argument. I'm really sorry."
"It's alright," Li Du said with a smile.
Roger said, "I can't keep wasting your time. If you are willing to sell these gemstones in our shop, then we can negotiate the price."
Li Du said, "You have the money to buy them?"
Hearing this, Roger's face turned red as if he had been insulted. He said, "Of course, Mr. Li. Just the value of the gemstones in our shop is more than ten million!"
Li Du hurriedly apologized, "Sorry, I said something stupid. So, let's talk about the price?"
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