Chapter 586: Roosevelt's Small Talk

Chapter 586: Roosevelt's Small Talk

……

"Bang...!"

With a heavy blow, the white golf ball crossed a graceful arc, flew more than ten meters, rolled half a meter after landing, and landed accurately into the hole.

"Smack!"

With applause, "Bruce, your game is getting better and better." ”

"It's a pity that it's still a lot worse than you. ”

Old Roosevelt smiled, "Ball skills are practiced." At your age, you will definitely be better than me. After a pause, "Hear them say that LinkedIn's stock price has grown to $50?"

"$49.35, which is not close to $50. ”

"At $49.35, based on LinkedIn's total 200 million shares, its market capitalization is $9.87 billion. Just one subsidiary has a market value of nearly $10 billion, so it is conceivable that Ruby and Google are even more valuable. ”

Guo Shouyun smiled and shook his head, "I'm not as optimistic as you. The main reason for LinkedIn's high stock price is that it has just been listed, and if the six-month lock-up period passes and the investment company starts to cash out, let alone $49.35, it is already good to maintain a listing price of $38. ”

"This lack of self-confidence is not your usual style. ”

"Prepare for the worst so that you don't get rushed when the time comes. ”

After glancing at Guo Shouyun, "What kind of stimulation does it seem like listening to your words?"

"It's not so exciting, it's just that I've experienced a lot and felt a little bit. ”

"Don't you share it with me? Maybe I can give you some advice. ”

Guo Shouyun nodded, "Actually, I don't say that you should guess it too." … Now that the situation in Iraq is becoming more and more stable, and oil resources are getting more and more attention, I fear that my plans will fail. ”

"Maginu oil field?"

"Not bad!"

"With Unocal's strength and position in the oil industry, it is indeed difficult to swallow the Maginu field alone. However, your previous financing for Unocal was indeed a clever move. With the help of Bush, Kennedy, Morgan and other families, Unocal won the Maginu oil field and added three points. But if you want to really achieve the goal, you need to run your own business. ”

"I understand the same thing. It's just that even if you do your best, there will always be some uneasiness in your heart until the dust settles. Guo Shouyun nodded.

glanced at him, "Actually, whether it is the Unocal family taking the Majinu oil field, or sharing the profits with other oil companies." Your share of the Iraqi oil industry is almost a foregone conclusion. In contrast, I'm more worried about your investment in Brazil. The risk of oil plate exploration in the three ultra-deep-sea zones is too high. ”

"Father-in-law, it's not what it used to be. The easily exploitable oil resources have been exhausted in the last nearly 100 years. The remaining oil fields, almost all of which are buried for thousands of meters, are located in the depths of land and sea in the harsh natural environment. The cost of exploration and development is getting higher and higher, and even if we don't win the bid for the exploration block in the ultra-deep water area, the cost of the exploration block development in the deep sea and the shallow sea area is not low. ”

“… However, Brazil's exploration and development of offshore blocks in the past decade has not found any surprising large oil fields. So, I'm more willing to invest in the ultra-deepwater exploration blocks of the Santos Basin than in the offshore blocks. ”

"You're gambling!" said Roosevelt Sr. after listening.

"Oil exploration in the 21st century is a gamble, but I'm just a little bit bigger. ”

"What if you lose?"

"If you win in gambling, you will naturally lose!" paused, and his eyes quickly swept over Old Roosevelt's face, "I understand what my father-in-law meant." Losses in oil exploration will displease Unocal shareholders. However, Unocal generated revenue of $31.47 billion and net profit of $5.34 billion in 2003. Although it is a little worse than ExxonMobil, Chevron, Texaco, ConocoPhillips, and even Chesapeake Energy. But in terms of revenue generated by net assets per share, Unocal is the highest of any oil company. ”

Old Roosevelt nodded, looked at the son-in-law in front of him, and sighed a little in his tone: "Unocal's income in non-main business is too high. Bruce, you are indeed a genius in the field of finance!"

Unocal's strong earnings on oil and gas forward contracts have boosted its overall revenue level.

"It's not a genius, let's not talk about it. Unocal's financial gains are sufficient to balance the company's exploration investment in the Santos Basin of Brazil. Even if the three blocks do not find an oil field in the end, the company will not lose money. What's more, now that exploration has just begun, who can guarantee that there are no big oil fields there?"

"Are you really so confident in the Santos Basin?" said Roosevelt Sr. after a moment's deep thought.

"Whether it is from the geological structure of the Santos Basin or the offshore oil exploration data of Brazil in recent years, it is all shown that there are large oil resources in its offshore area, especially in the fault tectonic zone of the Santos Basin. The reason why I haven't found it yet may be that it's in the wrong location. And compared to the shallow and deep water areas that everyone is keen on, there are more possibilities in ultra-deep water areas. ”

Old Roosevelt listened, thought for a moment, and then nodded.

"Anyway, you are the chairman of the board of directors of Unocal Corporation, and since you are confident, then you can do it according to your own ideas. But I want to warn you, don't let Unocal incur excessive losses, otherwise these families and groups that are helping you behind the scenes will be the first to stand up and kick you out of Unocal. ”

"Is that you?" Guo Shouyun's eyes narrowed slightly.

"Including me!"

After nodding in the affirmative, "Bruce, although you are my son-in-law." But you should be clear. I represent the entire Roosevelt family, and if I can't put the interests of the family first, then I can become the head of the Roosevelt family and take charge of the Roosevelt family foundation, and I will also be ousted. ”

After a pause, the elder Roosevelt patted Guo Shouyun on the shoulder and sighed: "There are both advantages and disadvantages to having a strong and profound family. And the biggest disadvantage is that you can't help yourself. Of course, you don't realize it yet. But as your career grows, the feeling will become clearer and clearer. ”

“… Okay, let's not talk about these upsetting topics. It's rare for you to come and stay with me for lunch at noon. I deliberately have people make Chinese food to ensure that it meets your taste. ”

Together with Roosevelt Sr., after handing over the club in his hand to the waiter next to him, Guo Shouyun smiled and nodded.

"Even if you don't say it, I'll finish my lunch today before leaving. ”

"Haha, let's go! Elizabeth has always wanted to talk to your son-in-law. By the way, how is Wendy doing?"

"It's good. It's just that she is often invited to go shopping by some noble ladies, which makes her a little impatient. ”

"That's not going to work. You are husband and wife, and it is her responsibility to expand her husband's network and stabilize the family. … By the way, this time LinkedIn listed, why didn't she come. ”

George and Elizabeth were almost three years old, and she was choosing a governess for them, and she didn't have time to spare. ”

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.。 m.