Chapter 262: After Closing the Position (1)
Looking at Li Xin, who was operating the computer with her head down, Yu Hong was still a little unwilling, and asked again: "The chairman really didn't talk to you about anything else?"
Li Xin stopped and said, "What do you want to ask?"
"Didn't he tell you about a salary increase and promotion?" asked Yu Hong with a suspicious expression.
Li Xin said: "Do you want me to get a raise?
Yu Hong said: "How is it impossible, you have the ability to help the company make money in the futures market, shouldn't you be promoted and raised? ”
Li Xin smiled bitterly and said, "This is impossible, these are two different things. ”
Yu Hong said: "You can tell me, why is it impossible?"
Li Xin said: "You are such a ghostly person, how can you not figure out this truth?"
When Yu Hong heard this, she became more and more interested, smiled and said, "I would like to hear about it." ”
Li Xin glanced at the door and whispered: "The group has lost more than 300 million in the futures market, and now in this case, if I am promoted with a salary increase, it will not be a good thing, in that case, I will probably be used as a scapegoat." However, given my current position and what I have done in the futures business, it seems too reluctant to scapegoat, so this kind of thing will not happen to me. ”
Yu Hong's eyes rolled, obviously not thinking clearly about what Li Xin said, and the expression on his face was a little dazed.
Li Xin continued: "From another point of view, my opinion with the chairman on the futures business is completely opposite, and now that the futures business has lost so much, if I am promoted, it will not be beneficial to the chairman's prestige, so he will not promote me at this time." Also, you don't want to think about it, now that the chairman advocates so many losses in the futures operation, he himself is difficult to protect, how can he think of promoting the people below?"
Yu Hong said: "That's right, his mistake delayed your ascension, and I feel sorry for you when I think about it." ”
Li Xin said: "Hey, don't take this outside to say it, otherwise anyone who hears it will feel as if I said it." ”
Yu Hong smiled: "I'm just talking about it here with you, who will take it outside and say it." ”
The next morning, Li Xin closed all the remaining positions. This matter has dragged on for so long, and now there is finally a result, looking at the huge amount of money in the account, Li Xin's mood is very complicated, if you count the lost funds, the number in front of him should have been even larger.
He suddenly remembered what Gao Hui said when he had dinner with Gao Hui, Xia Xiaona, Yu Hong, and Lin Li not long ago, that the loss of the Southern Group in futures was several times that of the sugar company.
Thanks to the big business of the Southern Group, otherwise, if it were another company with a slightly weaker strength, this loss would have ruined the entire company.
couldn't wait for the settlement data to come out, Li Xin immediately made an email about the funds in the current account and sent it to Liu Zhongzhou immediately.
In doing so, he continued to report to Liu Zhongzhou every day about his position and available funds, and as for the total loss of this hedging operation, it should be more appropriate for Zheng Guorui of the Finance Department to report.
Because the total loss figure not only includes the loss caused by the opening price and closing price, but also a large amount of handling fees, these data must be classified and summarized by the finance department one by one.
After sending the email, Li Xin still called Zheng Guorui and wanted to remind him: "Minister Zheng, I have closed all the positions in the futures account according to the chairman's instructions." ”
When Zheng Guorui heard this, he immediately understood what Li Xin meant, and he said, "Okay, I know." ”
The final profit and loss of each business within the group must be issued by the group's finance department. This hedging operation was directly operated by the group headquarters, and the loss of this business should of course be counted by him.
Zheng Guorui was not surprised at all by the news that Li Xin told him that all positions were closed, in his opinion, the position should have been closed a long time ago, and it should not have been delayed until now. His current mood is a bit similar to Li Xin's, there is a feeling of relaxation and relief.
But then there was another thing waiting for him that made him feel a headache, that is, the matter of statistical reporting losses.
Xue Chenzhi, accompanied by the sales section chief, went to the warehouse for a turn, he pointed to the copper in the warehouse and asked, "How many of these goods have been ordered?"
The head of the sales section said, "Nearly half." ”
Xue Chenzhi scratched his head, the decline in copper prices during this period of time made him very depressed, the ex-factory price of the smelter has been lowered twice, and each time the price is lowered, it means a lot of silver has been lost, and he is particularly heartbroken.
He is accustomed to the continuous rise in prices, and he is very unsuitable for such a price trend, and he is now in a contradiction, and he does not know whether to tell the sales section chief to slow down the pace of shipments.
If the pace of shipments is slowed down and the price continues to fall, the profits of the goods in the warehouse will be thinner in the future. However, if you don't control the rhythm of shipments and sell the goods at low prices, the price will continue to go up in the future, and you will be like before, when the price is high, the supply of goods in your hands will be less, and you will also lose a lot of profits.
After returning to the factory director's office from the warehouse, Xue Chenzhi immediately called Huang Hongliang: "How is the sales situation above? What do you think of the price in the future?"
Huang Hongliang said: "The sales situation is not bad, how many goods can be sold, but the price has fallen a little fast." As for how the price will go later, I can't say for sure, I can only see the move. ”
Xue Chenzhi asked again: "What does Lao Liu think?"
Huang Hongliang said: "I don't know, I haven't seen him in the past few days, I don't know what he's busy with." ”
Huang Hongliang's mood was more anxious than Xue Chenzhi's, under the good sales situation, the price suddenly turned around and plummeted, which made him a little at a loss, especially the first two batches of goods he entered, the purchase price was higher than his sales price, these goods were sold for a ton and lost a ton, so he would definitely not be able to bear it for a long time.
At this time, Huang Hongliang suddenly remembered the benefits of Liu Zhongzhou's hedging. Recently, he often looked at futures trading software, carefully compared the changes in the funds on the futures account when the copper price was at about 60,000 yuan and the current price of about 55,000 yuan, and he couldn't help but sigh in his heart: In fact, the idea of hedging the value of this set is really good, but it is not at the right time, if it is sold at about 60,000 yuan to open a position, the profits lost in sales will be preserved.
Then, he thought of his own short positions that were closed because of losses, so that a drop of about 5,000 yuan, if it was sold at a high level and flat at a low level, his original losses could not only be made up, but also a lot of profits. Alas, what a man is not as good as heaven!
After putting down Xue Chenzhi's phone, Huang Hongliang couldn't wait to open the futures trading software again, wanting to see if the futures price had fallen again today.
Judging from the K-line chart, the price has not changed much compared with yesterday, but when he checked the position data, he suddenly found that all the positions on the futures account had been fully closed, and he was shocked and didn't know what the situation was.
Puzzled, he immediately picked up the phone and called Li Xin and asked, "Why have all the short positions on the futures account been closed?"
Li Xin said: "That's right, two days ago, the chairman asked me, what should I do with these positions? I suggested that he take advantage of the opportunity of the price drop to close the position, and he agreed, so I closed the position as he told me yesterday. ”
Huang Hongliang said with some regret: "Oh, that's the case, I think I should stay more, hasn't it just fallen by more than 5,000 now? It's hard to say that it will continue to fall, so that the loss of these short positions can be less." ”
Li Xin said: "There is also this possibility, when I discussed with the chairman, I also envisioned this situation, but according to the time situation, the position in November has more than 10 days to be closed, and the position in December is only one month at most before the liquidation, from the perspective of time, it is more harmful than good to continue to keep these positions." ”
Huang Hongliang asked: "Now that all the positions have been closed, what is the actual loss figure in the end?"
Li Xin said: "I only know a rough idea, you have to ask Minister Zheng for detailed data, and the figures on his side shall prevail." ”
Huang Hongliang asked again: "Did the chairman say that the funds will be used after the position is closed?"
Li Xin said: "He didn't say it, he only told me about closing the position." If these funds are used for other purposes, he should only discuss with you and Vice President Xue. ”
Li Xin's words made Huang Hongliang feel very useful, he has always thought that he is the third person in the Southern Group, and now Li Xin says so, it seems that outsiders' views are the same as his own.
Then Huang Hongliang asked the question he was most concerned about: "You suggested that the chairman close the short order, that is, you think the price will continue to rise, right?"
Li Xin explained: "No, I'm not sure if it will continue to rise in the future, the consideration of closing the position is only for these short orders that are about to reach the delivery date, in such a decline of 5,000 yuan, it is a better choice to close the position and leave the market." ”
Huang Hongliang understood Li Xin's meaning now. He sighed and said: "Yes, this can be regarded as a good thing, the price has fluctuated too much recently, not to mention that the price trend on the futures is difficult to judge, even our sales business is difficult to do, the profit is too thin, and if you are not careful, you will post it upside down." ”
Li Xin said: "Yes? Counting the profits of the smelter, the group should still be very profitable." ”