Chapter 156: Exclusion

The phone rang and beeped, and Jonas didn't see his grandmother, but nodded to Erwin, who stopped his lecture and took a sip of the coffee Jonas had prepared.

Getting up and going to the telephone, Jonas picked it up. "Hello, this is the Hoffman family. ”

"Jonas, I'm Ursula. ”

"Hello, Aunt Ursula, you have returned from Spain?"

"Yes, I want to inform you that you should make a decision as soon as possible regarding your choice to join. ”

Jonas wondered, "Do you need to be in such a hurry? I didn't think about joining this interest group right now. ”

Ursula asked, "Do you think it would be advantageous to join the energy group when it was formed, or will it be advantageous to join later?"

This is nonsense, and anyone knows that after Hoffman Investment Bank lost Yannick, interest groups were forced to relocate these members with a structure.

Interest groups move from the dark to the open, and to legitimize their operations, of course, it is more advantageous to join in as a veteran from the beginning.

Although it is only a partnership company, there will be no distinction between members. But different people will have different interests and positions, and if you join in at this time, there will be more room for manoeuvre.

After all the forces have stabilized, I am afraid that if you want to join in, the first thing you will face is the co-optation of all forces, and the fact that individuals have no room to choose their positions.

However, Jonas still doesn't think it's the best time to join himself, and he'd better stay on the ground for a while.

As for the future, when he develops and grows Hoffman's investment bank, he can also get a higher status if he joins it.

Jonas only knows a little about the history of world commodity trading in the 80s and 90s, whether it is the spot market or the futures market.

In his opinion, when Richie International became Glencore in '93, it was most appropriate to join this interest group.

Although it will be difficult to gain control directly, it can prevent him from becoming the target of public criticism.

You know, the ten years before that were the most difficult for Rich International. Rich has been assassinated more than a hundred times, and it's no joke.

It wasn't until Clinton came to power that Armenia and Richie reached some kind of agreement, and Richie stepped back from the front line against Armenia.

He sold Ridge International for $600 million, and the company's shares were bought by the partners and renamed Glencore.

Although Glencore Richie still has a lot of say, at least on the surface, Richie has little to do with this company.

From this history, it can be seen that after the eighties, Richie has actually shifted his main focus from the oil industry to the metal industry.

Of course, he still fought against the banner of Armenia, but in reality, many times he was also unable to do it.

He had to rely on being involved in oil trading on behalf of others, which greatly diminished his direct influence.

Of course, because he controls the entire oil trading network, anyone who underestimates his power will suffer a big loss.

The switch from oil to minerals was his concession, and for this reason, he was pardoned by a presidential pardon the day before Clinton stepped down.

From '84 to '93, it was the decade when Richie was reorienting his business, and joining this interest group could enjoy the support of hundreds of allies, but at the same time, it would affect his image.

If he is noticed by Armenia, then if he wants to invest in the fast-growing Internet industry in the future, he will be troubled by the Armenian Ministry of Commerce.

Their companies are not something that anyone can invest in, whether it's Microsoft, Cisco, Yahoo, or Google, they need to prove that they are not hostile to Armenia.

Needless to say, Yahoo, a former leading company, was defeated by the rising star Google because one of its founders was Chinese, and finally became a stepping stone.

Is it true that Yahoo's technology is worse than Google's? Of course not! Yahoo's fault is that one of the founders is Chinese.

Until Yahoo went bankrupt completely, Dongying still used Yahoo's search, which shows that they have never lagged behind in technology.

For example, many companies in Armenia are not open to Chinese capital at all, and after Chinese Americans have money, Armenian only opens the consumables market and the fixed asset market to Chinese Americans.

You can build TVs and buy houses, but those technology companies, leading companies, are often not accepted by the Ministry of Commerce for national security reasons.

The technology companies that can be allowed to inject capital and acquire are often other better companies in the industry, not irreplaceable technologies.

So, having a good international image is very important for Jonas.

The nineties were the era of Armenia, and after the new century was the era of his former homeland.

The motherland in the previous life could be laid out from the beginning, and before the new century, it was mainly to focus on Europe and the United States.

Jonas thought about it for a moment and said, "I stand by my decision. ”

This made Ursula pause for a moment, and then asked in surprise, "Why, Jonas, do you know what kind of opportunity you are going to miss?"

Jonas, of course, couldn't say directly because of Richie, and he responded, "Aunt Ursula, until I can't become a master of wealth, I'm going to make sure I don't become a slave to it." ”

"What if that's Mark's opinion?"

"I needed a reason that would convince me. ”

"What about a 20 percent stake in the San Roque refinery in Spain?"

Jonas moved slightly and asked, "Is it the new refinery near Gibraltar?"

"Yes, if you want, you can get 20 percent of its equity for only about 250 million Swiss francs. ”

Jonas asked, "Why me?"

"Because at the moment, you're the only one who won't be a variable. You need investments with stable income, and Mark needs absolute voice. ”

Jonas groaned for a moment and said, "I'll consider your suggestion carefully. ”

Hanging up, Jonas groaned.

This San Roque refinery Jonas is well known in later generations, it is a large refinery cooperated by three Swiss chemical companies: Klein Chemical, Indorama Chemical, and Spanish Petroleum.

It produces more than 200,000 tons of olefins and aromatic polymers every year, is the largest PET and PVT production base in Europe, and refines more than 10 million tons of crude oil every year, making it one of the five largest refineries in Spain.

Now Klein Chemical, Indorama Chemical has not yet been established, only a Spanish national oil company has been established, and it turns out that this refinery has a lot to do with Richie.

Now with an investment of 250 million Swiss francs, you can own 20 percent of the shares, not to mention the annual profits, and in later generations, the refinery was acquired by Indorama for a part of the shares, which cost three billion dollars.

Investing in oil refineries, the importance of how much money is secondary, mainly to greatly enhance the influence in the industry and the ability to resist risks.

For example, when investing in futures, you will lose money because of investment mistakes, but as long as you process high-priced crude oil, you can reduce your losses.

For example, owning a refinery can greatly increase the success rate when investing in oil well exploration.

Because those oil-producing countries are very focused on the overall ability of an oil company.

If you just want to rely on speculation to discover oil fields and then sell them, 90 percent of the countries will not recognize you, and you will not give you oil wells to exploit at a high price.

So, Jonas just hesitated for a moment and decided to get involved.

Because this kind of investment also has the biggest benefit, that is, it can get grandma's approval.

Jonas wants to engage in financial investment, and although Hannah supports it, the support is limited.

It is impossible for Jonas to invest all his money in the financial market, and Hannah's ability to approve a share of 100 million is very high.

For the rest of the money, Hannah is thinking about the benefits of a steady return.

At a time when the world economy is growing and the demand for oil is soaring, there is no longer a more stable profit from investing in refineries.

Moreover, this investment also meets Hannah's requirements, that is, equity relations

Clear, simple, and doesn't involve too many underground transactions.

Towards noon, Hannah returned, and Jonas told Hannah about it after finishing his morning class and sending Erwin away.

After listening to Jonas's thoughts, Hannah said, "Although investing in a refinery is a relatively stable investment, we need to understand the composition of shareholders and earnings expectations first. You don't want to say anything until you understand it. ”

Jonas nodded and said, "I'll go to Mark in the afternoon and ask all about it, and then you will make the final decision." ”

Hannah nodded with satisfaction and said, "Although Mark can be trusted, we also have to show our value, and I will arrange for someone to go to Spain to inspect this project." ”

In the afternoon, Jonas arrived at Villa Rosa, and Macridge had prepared almost all the materials.

The refinery, ostensibly unrelated to him, is a 50 percent stake between a Swiss-registered company Arosa and Spanish national oil company.

At present, the Arosa company has two shareholders, one is the offshore oil technology technical service company, which should be the predecessor of the later offshore oil service company.

The other is a Swiss-registered company controlled by Nigerian capital from Africa, and they only have 20 percent of the shares.

Jonas now needs to inject capital into the Arosa company to get a 40 percent stake, and then by investing in the refinery project, the stake will shrink to 20 percent.

Although the two shareholders do not appear to have anything to do with Richie on the surface, Jonas believes that they are as supportive of Richie's position as he is.

At the same time, Jonas, the agreement signed by Arosa with Petroleo, also saw that everything was in accordance with the terms of commerce.

"You should take these materials back today and let the finance company review them. As long as you can pass the approval of the majority of partners, there is no threshold for investment. ”

Richie had other business to go out, and Jonas didn't delay him to ask, "Why do you insist that I get involved now?" Perhaps, just need your nod ......"

Richie laughed, "Because I find that you seem to be a little repulsed by me, I prefer you to choose the second test." ”