Chapter 307: You've Missed Another Opportunity
"Zheng, did you really speculate in stocks? I remember they said you were a millionaire and made hundreds of thousands of dollars when you came to the United States—"
Ma Niong suddenly shouted with little stars on his face, and Zheng Jianguo had to smile at this girl who was full of admiration.
However, Zheng Jianguo's attention was still on the TV, to be precise, the words that the TV host was saying loudly: "It's just that in this way, in addition to the major banks and exchanges, the only institutions that can absorb the shares of the two oil companies on such a scale are overseas investors represented by overseas oil kings."
It's just that since the Harrant family's speculation on silver broke out at the beginning of the year, the major trading committees have been suspicious of overseas investors—"
"Well, it seems that there really are no leveraged buyout cases?"
An unbelievable thought suddenly flashed in his mind, Zheng Jianguo looked at the host on the TV, and he was completely stunned.
Of course, Zheng Jianguo didn't know that before he did this, that is, in the 10 years of the 70s, the term leveraged buyout was not well known to the public, and the main reason was that there were not many people and institutions willing to borrow money: "What if you lose?"
Leveraged buyout is a formal term, commonly known as financing mergers and acquisitions and debt business acquisitions, which are more vivid and understandable, which refers to the strategy of a company or individual using the assets of the acquisition target as debt collateral to achieve the acquisition of the target company.
To put it more figuratively, Zheng Jianguo is short of $2.4 billion to buy 10% of the shares of two oil companies, and when he only has $1 billion, he can use the purchased shares to mortgage to the bank, and after lending $700 million, the bought shares will be pledged to the bank at the market value - so many rounds of operations have completed the purpose of borrowing money to receive stocks.
However, the reality is that the transaction is profitable, of course, it is easy to say, but considering that you have borrowed money to buy the company's shares, what if the company's shares you bought have not appreciated and the borrowed money cannot be repaid?
So, the premise of this is that the shares of these two oil companies will rise.
Otherwise, Zheng Jianguo still owes the bank $2.4 billion after holding a 10% stake.
And now the stock market has an unbelievable state of mind about this phenomenon, the oil reserves of the two oil companies exceed 2.6 billion barrels, and when the latest oil contract price is 33 US dollars and 69 cents per barrel, the market value must be above 80 billion -
But the fact is that after Charlie absorbed 3.4% of the $1 billion worth of stocks for three consecutive days, he only pulled its market value from the previous $34 billion to $37.5 billion, an average increase of more than 800 million points per day.
Charlie was still busy working on Wall Street in New York, but Zheng Jianguo was already shocked by what he had thought of, and then he was busy until late at night after work, only to find that the leveraged buyout that had matured in the stock market in his memory had not yet been recognized by the market.
Zheng Jianguo intuitively felt that he had found something terrible, the futures market is because it can charge fees, and leverage is amplified at the same time.
The reason why this can be done in the stock market is because borrowing money needs to pay interest, as far as Zheng Jianguo and Charlie are concerned, 19% interest is almost one-fifth, and even if the 2.4 billion is returned on time, 2.856 billion principal and interest will be paid.
"If there is no good investment channel in the future, it is not bad to release the money in this way, which is just enough to allow the asset management company to have something to do——"
"It's just 24% interest on long-term loans, which is a bit of a trick—"
Thinking of the current loan interest rate comparable to usury in the United States, Zheng Jianguo mourned for a few minutes for the vast number of American people, and now the imported inflation in the United States is serious, of course, this inflation is not unique to the United States, due to the soaring oil of the king of global commodities, which has directly and fundamentally led to the rise in the cost of various raw materials.
But no matter what the production of the enterprise, the rise in logistics costs will spread the cost to the product, which is the origin of the saying that the wool is out of the sheep, and now with the rise in oil, the world's central bank institutions have offered a way to deal with it - interest rate hikes.
Therefore, as early as the beginning of 1980, the world's major developed countries raised interest rates a lot, and the most interest rate hikes were in Britain and the United States, which were adjusted from the original 9% to 17%, and the interest rate hikes in other developed countries were also about 5.5%, and even the capital and international non-integration were increased from 3.5% to 9%.
Such a high interest rate gave birth to Zheng Jianguo's previous idea of throwing money into the bank to eat interest, after all, the consequences of setting up a company and paying a lot of energy to manage it are not as high as this interest money, and the annual rate of return of 20% is also risky.
However, as the largest capitalist country in the world, the banks of the United States collect so much money, but they also want to invest it to generate value.
After all, I just said earlier that the wool comes out of the sheep, as the spokesperson of the world's capital, the bankers will eat anything, as long as they make money, it's okay to even eat, but they suffer losses-
Of course, when the interest rate is so high, Zheng Jianguo is also strained in his mind, banks in capitalist countries will fail, not to mention those messy companies, don't lend money to reclaim a company at that time, so this idea is just wandering around in his mind.
"It's just that from today onwards, you're going to be a person who owes money—"
Thinking that Charlie had already used the borrowed money to start buying stocks, Zheng Jianguo flashed this idea before falling asleep that day, and thus germinated his previous idea of being too naïve: "I used to make the decision not to go into debt to speculate in stocks and futures no matter what-but this opportunity is too rare?"
Faced with the pie that seemed to fall from the sky, Zheng Jianguo's previous insistence was instantly persuaded by himself, so after a beautiful dream, he easily cleaned it up the next morning, and before he arrived at the emergency room in the Plymouth car, the pager on his waist rang: "Didi-"
"Hmm-"
Subconsciously picked up his pager and looked at it, Zheng Jianguo found that it was news from the emergency room, and he didn't want to be at this moment when a black shadow flashed in the corner of his eye, so he raised his foot and stepped on the brake, and when the whole person was almost thrown out by the huge centrifugal force, the piercing brake sound spread: "Squeak-"
"Boom—"
Before Zheng Jianguo could scold the bicycle that came out, a loud noise accompanied by a huge shock came from the body, and he knew that he had been licked his buttocks, so regardless of the scolding bicycle rider, he turned his head to look behind him, only to see a white airbag in front of the driver's seat of the rear car-
"Falk oil, how do you drive!"
Outside the window of the rear car, the blonde girl had a fierce look on her face, although Zheng Jianguo knew that she was distracted, but at this time he knew that the other party was at the loss, and it was just a matter of hitting me if he didn't keep the distance between the car, and now he is still scolding?
This very emotional thought flashed in his mind, Zheng Jianguo's hand touched the car door but stopped, looked at the thin ordinary car window glass, and saw that with his action stopped, the blonde had already reached the back of his car butt and kicked his foot: "Yellow monkey, you come down!"
“——”
Looking at the woman with an evil face through the car window, Zheng Jianguo blinked and sat honestly in the car, and the blonde girl outside saw his movements stop, and couldn't help but raise her foot and kick the back door of the car a few times: "Cowardly yellow-skinned monkey, I knew you didn't dare to come down, coward, haha, I'm afraid, I'll kill you if you come down-"
"Didi, uh-"
A loud siren suddenly came from a distance, and the blonde woman subconsciously retracted her feet and looked at the side of the road, only to see a police car slowly driving over on the road in the distance, and the window of the police car in the driver's seat was lowered, and the white-toothed policeman with a dark face was looking at it with his eyes, Zheng Jianguo had already pushed open the car door and ran towards the police car: "Police, police, she said she was going to kill me-"
"What?"
When the policeman who was full of vigilance heard this, he immediately stepped on the brake and touched the holster on his waist with his right hand, opened it and took out a pistol and got out of the car, looked Zheng Jianguo up and down, raised the gun and aimed it at the blonde, and glanced at him with a pair of white eyes: "Are you sure?
"I'm sure she also called me a yellow-skinned monkey and said she would kill me if I got out of the car—"
Zheng Jianguo immediately didn't care if this woman was joking, but when it came to his personal safety, this matter could only be taken seriously: "I just received a bomb package some time ago, which is from the emergency room of Massachusetts General Hospital——"
"Oh, you're the doctor?"
The white-toothed policeman's face changed again, and he immediately raised the gun in his hand and shouted at the blonde: "Hold your head and lie down!"
"Hold your head and get down!"
As the white-toothed policeman scolded, the blonde policewoman in the passenger seat of the police car also took out her gun and scolded: "Lie on the ground with your head in your hands, hurry up-"
"I, the yellow-skinned monkey, you're dead!"
The blonde watched the two policemen slowly approach with their pistols raised, the fear on her face instantly turned into ferocity, and she yelled at Zheng Jianguo viciously, and the white-toothed policeman immediately shouted: "This lady, now I will let you lie on the ground and repeat it again, otherwise I will shoot!"
"You're dead, I'm going to kill you, I'm going to kill your whole family—"
Seeing the muzzles of the two black holes, although the blonde was still fierce in her mouth, she still squatted down with her head in her hands, and then honestly lay on the ground.
Soon the two policemen surrounded him, and the white-toothed policeman quickly put away his gun and took out the handcuffs, twisted her hands to her back, and cuffed them: "This lady, you have the right to remain silent now, but everything you say will be a testimony in court-"
"Two cops, I'm calling the police now This person made a physical threat to me, and she did it after rear-ending into my car-"
Zheng Jianguo saw that the blonde girl was pulled from the ground by the female policeman's hand, and he also reported to the white-toothed policeman, but he didn't expect the latter to look at his car next to him, so he nodded and said: "You tell me what happened now, but don't add oil and vinegar, you have to tell the truth-"
"The pager rang when I was driving, so I picked it up and looked at it, and when I found out that it was the hospital emergency room, I hit the brakes here, because there was an intersection ahead, and according to the regulations, I had to slow down.
If there is a pedestrian, I have to stop and avoid it, so when I saw a bicycle coming over there, I stopped it, and then she crashed into the back and got out of the car and kicked my car, and threatened me with her life—"
Deliberately downplaying that he stepped on the brakes because he was looking at the pager, of course Zheng Jianguo knew that even if he said this, he would be fined, but compared to the fine of tens to hundreds of dollars, if he told a lie at this time, he would be committing a crime: "Then you appeared-"
"Oh, you're looking at the pager while you're driving, it's a distraction from the driver, and it's not allowed, so you'll need to show your ID-"
The white-toothed policeman who was originally thinking about looking at the other party's ID quickly spoke, and Zheng Jianguo also took out his driver's license from his pocket under his gaze, and the former took it and wrote it down in the small notebook in his hand, then raised his head and blinked and said, "You are the good student of Harvard Medical School?"
"Well, if you're talking about graduating from Harvard Medical School early, that's me, I'm in the emergency room at Massachusetts General Hospital right now, and of course I received an explosives package some time ago—"
Zheng Jianguo looked at the ID in the other party's hand and said, and the white-toothed policeman pinched the ID after seeing his gaze, and then said: "That, given that you said that you saw the pager while driving the vehicle, I will give you a fine of $20, how do you feel?"
"No problem, it's much better than going to the police station with you to make a note and waiting to pay the money-"
Quickly smiled, Zheng Jianguo was relieved, just like the ban drawn by the governor around St. Helens Volcano before, whoever violated it had to choose between half a year in prison and a $500 fine.
Of course, Zheng Jianguo knew that going to see the pager while the vehicle was driving was a distraction, and he would be taken to prison for 3 days or pay a fine according to the requirements, and besides, the money was not a problem for him at all: "Do I still need to find a lawyer for the accusations against that woman?"
"Oh, that's up to you, if you're not short of money, it's best to find a lawyer to help you with this, after all, they're professionals—"
Seeing that Zheng Jianguo took out $20 from his wallet, the white-toothed policeman quickly took out the fine slip from his pocket, wrote his name and time and tore it up to him, and then swept his eyes on the money in his hand and said: "The fine is handed over to the bank, so put it away-"
"I'm sorry, I forgot about it when I was excited, you see-"
Surprised to take the ticket from the other party's hand, Zheng Jianguo and the money were in the wallet, but when he arrived at the emergency room of the hospital, he found that the time was already 8:10, and Manieon in front of the service desk opened his mouth and said: "Just now Priny wanted to find you to go to the operating room, and you missed another opportunity——"