Chapter 283: Dude Doesn't Pick Up Rags
"Good morning, boss. ”
"Boss, good morning......"
............
Of course, everyone has a reason to be happy.
Honda.
Even if everyone looks down on this Dongying company and says that Honda's Civic is "a toy for children", but after all, everyone understands in their hearts that a manufacturer of cars and motorcycles that can firmly gain a foothold in the American market can be underestimated by Fernandes?
No matter how small Honda is, it is also relative to the four major American automobile giants represented by General Motors and Ford, and it is a behemoth for Fernandez, and now, the company he works for has not only become a partner of Honda, but will also inherit a complete automobile manufacturing plant from Honda in the future!
What does this mean?
This means that the company's development situation is not only good, but good!
As an old employee who entered the company first, he will definitely be filled into the new factory in the future, and when the time comes, how can he be able to rise one liter on the basis of the present, and how can he not be active in the major matters related to the wallet?
Seeing the boss who hadn't seen him for more than a month, everyone tried every means to show their faces in front of their boss, and Chen Geng also responded one by one......
"Hello Tom, you look good. ”
"Andy, your wife is about to give birth, right? I remember that the company has a special benefit for you, remember to receive a ......"
"Morson, good morning......"
............
Don't look at the people who greeted Chen Geng everywhere along the way, but Chen Geng knew very well that he had not returned to the company for more than a month, and it was impossible to spend a leisurely morning, no, Rosemary was waiting for him at the door of his office.
Basically, it's all good news......
"Boss, this is the money we made from the oil futures market last month, totaling $2,218,500," Rosemary said to Chen Geng with a leather folder, taking out a piece of information: "As of yesterday, our total profit from the oil futures market has exceeded $12 million." ”
"Not bad. Chen Geng nodded with satisfaction, waiting for Rosemary to continue.
"But now there is a problem, just yesterday, the price of a barrel of crude oil has broken through the $26 mark, and a number of internationally renowned financial institutions have issued warnings, saying that the current price has exceeded the ability of countries to bear, and is not optimistic that the price of oil futures will continue to rise, so do you think we need to adjust our strategy next?" Rosemary asked Chen Geng.
As he spoke, looking at Chen Geng's young and handsome face, Rosemary's heart couldn't help but be in a trance: in just a few months, his young boss actually made tens of millions of dollars from the crude oil futures market, which is really ...... The speed of making money is almost comparable to the speed of the money printing machine, according to the boss's previous decision, he can also earn almost 600,000 US dollars, but why is he happier than him when he watches the boss make money?
Cancel speculation in the international crude oil futures market now?
Chen Geng smiled, but he didn't answer immediately, but asked Rosemary, "What do you think, do you think it's okay to get out?"
Rosemary hesitated, but nodded: "Well, the price of $26 is indeed beyond the limit that governments can accept, I am not an expert in oil futures, and I don't know much about oil futures, but I also think what these analysts say makes sense." ”
"Just listen to what those analysts say," Chen Geng waved his hand and said with a disdainful look when Rosemary was about to speak: "If the words of these analysts really work, then why don't they invest in them themselves?
When the international price of crude oil rose from less than $13 a barrel before the crisis to $17 a barrel, they said that $17 a barrel was the limit;
When the price of crude oil breaks through the $20 mark, they say that it is absolutely impossible to break through $22;
What did they say when they broke through $22? This time they remembered for a long time, saying that it was absolutely impossible to break through the $25 mark.
But actually, it's now above $26. ”
Rosemary thought about it and found ...... That's what the boss said.
Although futures and banks are two different businesses, the relationship between the two banks is extremely close, and when he was the deputy general manager of the United Community Bank, he did not approve the financial leverage of the futures market.
"Will the international crude oil price rise? It depends on two factors, one is the limit of the governments of the world to bear the price of crude oil, but according to the reaction of the governments, the current international crude oil prices are far from reaching the limit that the governments can bear -- beyond this limit, the Americans will definitely have to send troops;
Second, we must look at the root cause of this sharp rise in crude oil prices: Iran and Iraq, do these two countries now have the slightest intention of shaking hands and talking peace? Anyway, I don't see it," Chen Geng spread his hands: "Anyway, in a short period of time...... At least in the next two or three months...... I don't see the reason why the price of international crude oil will fall. ”
"That's right," Rosemary thought for a moment and nodded, "So where do you think the price of crude oil can go? Can it break through the $30 mark?"
The $30 mark is already the limit of Rosemary's imagination, no matter how high it is? She didn't dare to think that this was already equivalent to double the international crude oil price before the outbreak of the oil crisis.
If it weren't for her boss's extremely accurate judgment of crude oil price trends during the oil crisis, Rosemary would not have dared to listen to her boss's nonsense.
To Rosemary's surprise, Chen Geng was extremely optimistic about whether the international crude oil price could break through the $30 mark, and he said without thinking: "$30? I don't think it's a big problem, I think it should be able to break through $33 within a year." ”
"$33?!"
Rosemary was frightened by her boss's bold predictions.
"Well, I wouldn't dare to say any further, but $33.50 is certainly fine. Chen Geng said.
Just kidding, after the outbreak of the oil crisis that swept the world, in less than a year, the price of international crude oil quickly broke through $34 from less than $13 before the outbreak, which directly caused a comprehensive recession of the entire Western economy, and finally, the international crude oil price soared to the $34.62 mark before it began to fall, and the reason for the decline was not because Iran and Iraq shook hands, but because other countries in the world finally couldn't stand this toss, and established a strategic petroleum reserve system in order to regulate and control.
Chen Geng doesn't think that his little wings can have much impact on international crude oil prices, and even if they do, $33.50 is the limit.
"That's right...... Boss, how sure are you?"
"Huh?" Chen Geng didn't quite understand what Rosemary meant for a while.
"Previously, for insurance reasons, we have always used low multiplier financial leverage, if you are sure that crude oil can break through the $30 mark and eventually reach $33.50 ......" Rosemary gritted her teeth: "If we use high multiplier financial leverage, I guarantee that our profit will not be less than $130 million." ”
For those who engage in finance and futures, the most difficult thing is to estimate the price, as long as the price is accurate, fools can make money in the futures market, although Rosemary is not from the futures background, but she has no problem with the basic futures operation method, as long as her boss dares to be responsible for his $33.50 price, she dares to use higher risk high financial leverage.
Chen Geng thought for a while, and instead of answering directly, he asked Rosemary, "How high are you going to use leverage?"
"As long as you dare to guarantee the $33.50 mark," she pointed at Chen Geng with five fingers: "I dare to use 60 times leverage!"
When she said this, she was a little sorry, if the boss had said this earlier, she would have used high leverage from the beginning.
"No problem," Chen Genghun nodded nonchalantly, as if he was talking about a trivial matter, looking at Rosemary's nervous appearance, he smiled: "As for it, it's a big deal that it's just a forced liquidation, how big is it? Just as if we have never made this investment, go back and take the authorization document, and I will sign it...... Is there anything else?"
I didn't expect my boss to promise so neatly, and it took a while for Rosemary to react, and hurriedly said, "Oh...... One more thing, AMC is interested in selling their kenosha plant, asking if you would be interested in taking over?"
"AMC's kenosha factory?" Chen Geng frowned, "The kenosha factory is AMC's earliest large-scale factory, right?"
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PS: Please wait for 5 minutes.
For those who engage in finance and futures, the most difficult thing is to estimate the price, as long as the price is accurate, fools can make money in the futures market, although Rosemary is not from the futures background, but she has no problem with the basic futures operation method, as long as her boss dares to be responsible for his $33.50 price, she dares to use higher risk high financial leverage.
Chen Geng thought for a while, and instead of answering directly, he asked Rosemary, "How high are you going to use leverage?"
"As long as you dare to guarantee the $33.50 mark," she pointed at Chen Geng with five fingers: "I dare to use 60 times leverage!"
When she said this, she was a little sorry, if the boss had said this earlier, she would have used high leverage from the beginning.
"No problem," Chen Genghun nodded nonchalantly, as if he was talking about a trivial matter, looking at Rosemary's nervous appearance, he smiled: "As for it, it's a big deal that it's just a forced liquidation, how big is it? Just as if we have never made this investment, go back and take the authorization document, and I will sign it...... Is there anything else?"