Chapter 305: It's Really Hot
When Zheng Jianguo bought the oil contract, he spent $318 million to open a position at $27 and 39 cents, holding a total of 116210295 barrels of oil contracts, so when Charlie asked him to settle the account, he could directly multiply the increase by the figure of 110 million.
The latest oil contract is $33 and 81 cents per barrel, and after deducting the $27 and 39 cents bought, the difference is $6 and 42 cents, and multiplying this figure by 110 million will give you a result of 706.2 million.
Of course, this is Charlie's method of asking Zheng Jianguo to roughly calculate his net worth before, and the real number should be multiplied by the number of 116210295, so the result is 746.07 million, plus the $318 million invested, the overall scale is almost 1.064 billion.
That's a lot of money anywhere in the world, but given the size of the oil company that Zheng Jianguo covets, it's more than enough to absorb a 5% stake in either Ashland or Philip.
It's just that Charlie knows that Zheng Jianguo will not put greater interests on his side, and he will give up borrowing money in order to seek stability, not to mention that he has even thought about the collateral for borrowing money: "Boss, when you borrow money, you can first mortgage the shares you want to buy to the bank, considering that most banks only give 7% of the market value of the collateral now, then the boss you take 1 billion worth of stocks to mortgage 700 million, which is no problem."
But in this case, there is a small hidden danger, that is, you need to let the people in the bank know about your actions, but I think that when we acquire a billion dollars, even if the oil companies have not found out, then these financial institutions should analyze the trading volume of these two stocks——"
"Wall Street financial institutions will follow suit"
Zheng Jianguo's heart was moved, if he was still thinking about going to the bank to borrow money, how could he borrow it without anything, but he forgot about the stocks he bought, and his thinking spread quickly when he thought about it: " $1 billion of stocks can be mortgaged for $700 million, then $700 million of stocks can be mortgaged for $490 million, and then $490 million can be borrowed for $343 million, so another $240 million, 168 million, 117 million
As of now, a total of 2.058 billion has been borrowed, and if you count your own 1 billion, it will be almost 3 billion US dollars, with the support of such an order of magnitude of funds, how can the shares of these two oil companies be restored to their original market value, but with such a scale of borrowing, the interest alone is almost hundreds of millions of dollars——"
After this thought wandered around his mind, Zheng Jianguo couldn't help but turn his head to look at Charlie: "Charlie, the interest on your bank's loan is 19%."
"The short-term loan is 19% in half a year, and the long-term loan is about 24%——"
Charlie nodded and said that when it first started in June 1980, the benchmark savings interest rate in the United States was as high as 17%, which means that if you find a bank to deposit money, you will only enjoy a higher discount than this figure: "This year, the oil contract has risen by almost one-fifth, so central banks around the world have raised the benchmark interest rate, and the Federal Reserve has increased the interest rate from 11% last year to 17% now——"
Zheng Jianguo's face was suddenly revealed, he had only known how high prices affected the economy since he bought the oil contract, and with the decision to snipe the oil contract, he learned a lot of knowledge in this area, knowing that controlling the scale of credit can curb the inflation caused by the rise in oil prices - if there is no money, you will not push the price up
Seeing that Zheng Jianguo was silent, Charlie glanced at the nurses who were looking at him from time to time in the distance, and then said: "Boss, considering my relationship in the bank, if I lend money at this exchange rate, I can get a 0.005% commission, if you mind——"
"According to the requirements, I can't let others take advantage of it and suffer a loss, but if you can trust me, I think you can also take the money out and follow the operation, you can't eat the meat, but it's okay to give you soup-"
Zheng Jianguo shook his head, the reason why he used Charlie was because after making his own money, he ran to deliver the car to himself as soon as possible, and as soon as he gave it away, it was a gift of more than one-third of the entire commission, which showed that his EQ was at least 70 points or more: "Of course, if you can get money to eat meat with you, then I don't mind——"
"Hehe, boss, that's what I thought, I'm going to-"
Charlie has never taken Zheng Jianguo as a fool, at most he had a small idea at that time, but this idea disappeared after the other party changed from a gold contract to an oil contract, knowing that his chance to become a multimillionaire undercover is likely to depend on Zheng Jianguo, and now he is waiting for himself: "I plan to borrow some money to eat some meat with you behind your ass, then I will close all the oil contracts when I go to work in the afternoon"
"Close the position, after closing the position, you will absorb the shares of these two companies, sooner rather than later. ”
Zheng Jianguo nodded before he said it, and Alfonso's figure in the distance appeared, walked in front of him with a curious face, looked at Charlie, and said, "Zheng, your game console is being developed now."
"Okay, then I'll go first, and I'll get in touch later-"
Charlie glanced at Alfonso and said, Zheng Jianguo nodded and watched the former leave, and after turning around, he said: "I gave them advice, it should be a project now, the game console development is not as fast as you think, if you go all out now, it would be good to be able to produce an engineering machine at the end of the year——"
"Okay, then I'll wait and see. ”
Alfonso nodded and looked around, and gave him a vague look: "I'll come when I go, and if someone asks you, they say I'm going to the laboratory." ”
"No problem"
With a wave of his hand, Zheng Jianguo watched this one leave with a smile on his face, and he also looked at the watch on his wrist, in order to wait for Charlie to rest in the locker room, Alfonso couldn't run around if he was lazy at this time
So Zheng Jianguo thought about it and went to the telephone at the service desk, picked it up and found Augustus's number and dialed it, not wanting to pick up the phone after a few rings, he saw Director Nathan appear at the door of the emergency room and beckoned to him: "Zheng, Alfonso, come here-"
"Click. ”
The detective put the phone back, Zheng Jianguo quickly arrived at the door of the emergency room, only to see that Nathan had already found an emergency bed and pushed it out, and then he happened to see Pliny appear from the locker room, and immediately grabbed his strong man and said: "Pliny, there is a patient here-"
Soon, as the patient pushed into the emergency room and Alfonso hadn't returned, Zheng Jianguo was rarely busy, and followed Pliny and Nathan to the operating room before starting, and the time was already half past three in the afternoon.
In the TV hanging in front of the service desk, the male host was talking about something: "Just behind me, a large forest of trees has been pushed down one after another, and a layer of volcanic ash has fallen on the ground that can reach up to the ankles, and we can feel a steaming heat while standing here, it's so hot here-"
"That's 100 degrees Fahrenheit."
After seeing Zheng Jianguo appear, Ma Jianguo said, Zheng Jianguo just glanced at the TV and said: "I feel that 105 is there, I hope he won't stay there for too long, otherwise it is time to call a rescue helicopter-"
"Zheng, I just saw that the republic also boycotted the Moscow Olympics"
Appearing next to the service desk, Alfonso looked at Zheng Jianguo and said, the latter nodded and said: "For a researcher, I don't think it's appropriate to politicize the Olympic movement, but considering that people have grown up eating the food of this land and drinking the water of this land since they were born, then they should also shoulder the responsibility for this land, and for this reason I think it is right for the Republic to resist, because the Soviets are invading Afghanistan-"
"Zheng, you're a doctor, you shouldn't get involved in these things. ”
Alfonso glanced at Zheng Jianguo and shook his head, the latter smiled and did not speak, the war of the Soviets in Afghanistan can be regarded as already over, to be precise, the war between the two countries is basically not suspenseful, Afghanistan captured the capital two days after being invaded, and also supported his cronies.
It was only after supporting their own cronies that the Soviets did not carry out a war with the proxies of their cronies, but still fought against the hostile forces in person, so by this time, the 100,000 troops that had been dispatched at the beginning of the war were still running around in the face of the ubiquitous guerrillas.
"It's going to take nine and a half years—"
This thought flashed in his mind, Zheng Jianguo was not disgusted by Alfonso's kindness, the doctors' empathy is generally relatively high, in their eyes, there are only two kinds of people in this world, those who have not developed the disease and those who have become ill, nationality and skin color are all secondary factors, of course, some normal people - and bastards like Alfonso.
The reason why Zheng Jianguo took the Soviets to heart was not because of the Soviets' oil reserves, according to the published data, the entire oil reserves of the oil fields it had discovered were about 57 billion barrels.
In terms of reserves alone, the Soviet Union is the seventh largest in the world after the Middle East oil country and Venezuela, accounting for 5.7% of the world's proven reserves.
However, given the Soviets' habit of concentrating on big things, in 1979 it was the world's second-largest oil exporter, after Saudi Arabia and before Iran.
Iran has been sanctioned since the beginning of the year, and oil exports will definitely drop sharply this year, so it goes without saying that Saudi Arabia is twice as large as the Soviets, and the Soviets are twice as large as Iran, and the votes after that can be ignored.
The reserves are not much, and the export volume is so large, and then Zheng Jianguo thinks with his toes, and can guess that the Soviets will definitely take advantage of the rise in oil prices to start work vigorously and increase the export volume in order to arbitrage the amount of foreign exchange, and this is also the main reason for him to short the oil contract: "Amplify the influence of the Soviets on investors by expanding the oil exploitation industry." ”
Of course, if the Soviets took advantage of the high oil prices to expand production capacity to make money, then Zheng Jianguo's sniping would be so likely that he would lose so much that he didn't even know his grandmother, after all, the main force of the long oil contract at this time is the world's rich people who are mainly based on floating capital, and this group of people has a similar view of oil prices to him before, the higher the better.
However, considering the impact of high oil prices on the economy, then as developed countries in Europe and the United States plagued by inflation and stagflation, they have become the main force that wants to reduce oil prices.
It's just that Zheng Jianguo didn't expect to find out that the oil company was undervalued before shorting the oil contract, and the focus of attention changed from oil contracts to oil stocks, so after confirming that even Charlie agreed with his idea, he immediately decided to go to the stock market first.
And to take out all his net worth, Zheng Jianguo, who is calm and calm, is still a little apprehensive in his heart, as Charlie came to the trading phone and needed a password to enter, he entered the transaction password to close the position on the phone and confirmed that the oil contract in his hand began to sell, and the apprehension in his heart disappeared completely: "Now it depends on Charlie's ability——"
"Zheng, why did you start paying attention to oil stocks—"
After lunch the next day, when Zheng Jianguo ran to the service desk and switched to the financial channel with the remote control, Ma Niong looked at Bernard, who was obviously a little strange next to her, and then smiled: "Hi, Bernard, why is your face a little red?"
"Oh, ah, my face, well- it's too hot, yes, it's too hot"
After a few motions speechlessly, Bernard looked at Manion with a smile on his face and then at Zheng Jianguo and said, the latter also looked at the two thoughtfully, and what Yang Na had said before flashed in his mind, so he nodded and smiled: "It's really hot-"
"Zheng, have you started to pay attention to stocks, which ones do you want to buy, or your game company is going to IPO?"
With the voice, Alfonso appeared next to the service desk with a cup of coffee, and looked at the various stock prices scrolling on the TV, Zheng Jianguo's eyes were firmly fixed on the host's report: "Ashland's stock has risen by 28 cents, compared to yesterday's increase of -"
"Bell bell bell—"
Sure enough, when he saw what he wanted, Zheng Jianguo's attention was concentrated, but when the phone on the service desk rang at this moment, he wanted to amplify the sound of the TV, and Bernard, who had already picked up the phone, looked at him: "Zheng Zheng is here, where are you, Zheng's friend-"
"My Friend"
Even when he saw the TV host talking about Phillip Oil's stock, Zheng Jianguo was distracted by Bernard's voice, and then remembered that when he called this person yesterday, Bernard had already handed over the phone: "Zheng, your friend said that he had something to do with you-"
"Hey—"
took the phone with a smile on his face, and Zheng Jianguo also opened his mouth to say hello, but an extremely unfamiliar voice came from the microphone: "Zheng, I'm at the door of your hospital now, Augustus asked me to give you a ticket to "Les Miserables"-"