Chapter 313: What is the Cost of Copper Ore?
Li Xin said: "It stands to reason that this should be the case, but I didn't see such an announcement in the corresponding software or on the website, so I called and asked." ”
"I can tell you responsibly that, as far as I know, we at Western Copper have not had such an investment in the past six months, as you said. ”
"Will there be similar investments in the next year?" Li Xin himself didn't know how to define this time, but he just thought that he planned to hold the shares of Western Copper for a year or two, so he asked.
After listening to this, the other party still replied very officially: "I have no comment on this, I suggest you go to our company's website to inquire about related questions." ”
Although he didn't get exactly the answer he wanted, the other party's answer still alleviated more than half of Li Xin's worries, so he said to the phone: "Then thank you, I'll consult you again if there is anything." ”
After putting down the phone, he thought to himself: Now it seems that the original judgment on the stock of Western Copper can still be maintained, but in the coming year, we must pay close attention to the release of the company's relevant investment information.
If Western Copper invests heavily in copper mines in the coming year, its profitability may not be as rosy as originally expected.
After Yu Hong bought the stock of Western Copper according to Li Xin's suggestion, she turned on the computer every day when she was free to see how much the price of the stock had risen. But she watched it for nearly a month, and the stock rose by less than two cents in total, and during this period, it fell sharply back below her cost price.
Seeing that the price fluctuated so much, rising less and falling much more, this made Yu Hong very uncontrollable, and from time to time she ran to Li Xin's office opposite to ask Li Xin: Can this stock still be kept?
Li Xin was a little big by her, and secretly regretted that she shouldn't have persuaded her to buy this stock in the first place.
On this day, Yu Hong saw that there was no one in Li Xin's office, so she quietly ran in again: "You said that it is okay to sell it now? I will buy it back after a while, isn't it better?"
Li Xin said: "Since you are so uncontrollable, if you want to sell it, sell it, anyway, there are still some two cents of profit now." However, I said that I would sell it in a year, and I would make up less than 20% of the profits, so if you sell it now, I won't help you. ”
Yu Hong said: "Got it, stingy ghost!"
Li Xin said: "I'm stingy? You really dare to say that you will try to help me with it!"
Yu Hong laughed and said, "If I want to be as rich as you, I will definitely help you out." ”
Li Xin said helplessly: "No matter what you say, you are reasonable!"
Yu Hong said: "No, haven't you paid attention? Recently, the price of copper has fallen very fast, I think this stock will also fall, it is better to come out first, and when it falls back, speculate on a short term, so that you can spread the cost?"
Li Xin said: "That being said, but once you come out, your mentality changes, when is the right entry position?"
Yu Hong said: "This is simple, as long as it is four or five cents or more lower than my current selling price, I will buy it back." ”
Li Xin said: "Are you sure that you will be able to wait for a lower price? If it comes out and it does not fall but rises, won't you go short?"
Yu Hong said: "So I'm not sure why I came to ask you." You are so powerful, help me see if I can wait until such a low point and speculate on a short-term stall to reduce the cost. ”
Li Xin was embarrassed and said: "I really can't see this. ”
The market value of the stocks in Yu Hong's hands is only tens of thousands of yuan, if you really see it accurately, there is no problem with the short-term price difference in and out of the day, but Li Xin is different, the market value of the western copper stocks in his hand is tens of millions of yuan, if the price fluctuation is not very large, and the rhythm of stepping on it is not very accurate, there is no suitable space for entry and exit in two or three trading days.
There is also the reason he told Yu Hong, the reason why he dared to enter the market to buy was after careful calculation and estimation, and what he saw was the increase of the stock a year later. If the stock is sold now because of the fluctuation of copper prices, it means that those judgments have been completely negated. After selling stocks, you have to re-evaluate when you will enter the market, which is not a matter of one or two days.
Where did Yu Hong know about Li Xin's thoughts, she asked, "Then you just carry it like this and let it shake back and forth?"
Li Xin said: "This is a must, how can you buy it will rise directly!"
Yu Hong thought about it for a while, smiled and said, "Then I won't sell it anymore, and I'll keep it too." ”
Li Xin asked, "Why did you change your mind again?"
Yu Hong said: "It's not cost-effective to sell now, it's only a profit of more than two cents, and I can say that I have a 20% profit if I keep it for a year." ”
Li Xin said: "That's right, you just think so." ”
But having said that, Li Xin still has some worries in her heart. Because the current copper price has fallen from about 78,000 yuan to the integer mark of 70,000 yuan. From a graphical point of view, the 70,000 yuan mark should be a strong support, but no one can say how strong this support will be, sometimes the support of this integer mark is more psychological, if that is the case, once it falls below, how much space will there be?
The fall in copper prices caught Huang Hongliang a little off guard, he knew very well in his heart that this month was equivalent to doing it in vain, and the price difference between the beginning of the month and the end of the month was nearly six or seven thousand yuan, and even the gods couldn't do this kind of business.
What worries him even more is that the copper mine sales business that he has just taken over is also thankless. Although the price of copper ore does not fall as fast as the price of copper, if you carefully calculate the accounts, not only can you not make money by selling a ton of copper ore now, but you also have to pay a lot of hard money.
I thought that this business was also a piece of fat, but I didn't expect such a result at the beginning, which made Huang Hongliang have an ominous premonition in his heart.
After pondering for a few days, Huang Hongliang knocked on the door of Jin Changxing's office. When he came in, Kim Changxing was reading the report at this time.
Huang Hongliang said with a smile on his face: "Chairman, you are here." ”
Jin Changxing said, "Well, is there something wrong?"
Huang Hongliang hurriedly handed over a cigarette: "I want to delay you for a while, let's talk to you." ”
Jin Changxing took the cigarette, and Huang Hongliang quickly took out a lighter and lit it for him. Jin Changxing took a puff of cigarette, then pointed to the seat in front of the desk and said, "You sit down and say." ”
Huang Hongliang himself lit a cigarette to ease his nervousness, and then said: "Actually, it is still the problem I told you last time, the copper price has fallen too fast recently, and our sales company has no profit at all, do you think you want to find a way to solve this matter?"
Jin Changxing said: "Didn't I tell you last time? By the end of the year, the group will consider it comprehensively. ”
Huang Hongliang said: "But I don't think it's a long-term solution, and it is not enough to always rely on the group to find a way at the end of the year, and we have to solve the problem fundamentally." ”
Jin Changxing heard from these words that Huang Hongliang seemed to be prepared, maybe he already had an idea in his heart, so he asked, "Then what should you do?"
Huang Hongliang said: "You see if you can do this, in the future, the copper of the smelter and the copper ore of the mine, our sales company will not distribute in the form of buyout, but in the form of consignment, the sales price is specified by them, we will sell it to the outside world according to the price they give, and every ton of copper and copper ore sold, the smelter and the mine will give us a certain sales fee, so that we may do better." ”
Jin Changxing said: "Have you communicated with the mine and smelter?"
Huang Hongliang said: "No, didn't I come to ask for your opinion first?"
Jin Changxing pondered for a while and said, "This is also a solution. ”
To be honest, Jin Changxing did not expect that the price of copper would fall to such a low position of 70,000 yuan, he originally thought that the price of copper could be corrected to about 78,000 yuan, which was already very low, and should continue to rise, but the current situation is quite different from his prediction.
In fact, he was also very annoyed by Huang Hongliang, this person only had the one-third of an acre of land in front of him in his eyes, and he didn't care about the interests of other departments of the group at all. He wanted to pull down his face and say a few words to him, but after thinking about it, he held back.
He did it for two reasons. First, because Huang Hongliang's sales company is indeed a little special, and the sales profit of their branch has declined the fastest, so it is understandable that Huang Hongliang was the first to jump out and complain.
The second is that the copper ore produced by the new mine is no longer profitable at the current sales price, and this problem is what Jin Changxing is really worried about.
Compared with this fundamental problem, whether Huang Hongliang's sales company has sales profits or not, it is a matter of details.
Just like now, as long as Xue Chenzhi's smelter has a lot of profits per ton of copper, it doesn't matter if the sales price of the copper sold by Huang Hongliang is upside down from the purchase price. But if Xue Chenzhi's smelter loses money per ton of copper, even if Huang Hongliang sells a little profit, it will only be a floating cloud.
Now he is worried about such a problem, the fall in the price of copper ore in the market, so that the copper mine produced by the new mine has no sales profit. The issue is now known only to Kim Chang-heung himself, Finance Minister Zheng Guorui, and the mine's mine manager.
As for the other personnel, Xue Chenzhi was too familiar with the situation in the mine, even if he didn't tell him, he could estimate it, but Huang Hongliang should know nothing about it.
Huang Hongliang's suggestion is a good way to arouse the enthusiasm of the sales company, because if according to the original distribution model, in the process of falling prices, the sales company has no profit for a long time, the enthusiasm of the sales personnel cannot be mobilized, and the ore produced by the mine cannot be sold, then the problem will be even greater.