Chapter 434: It's Too Easy to Make Money
"Chen, whether from the position of a friend or as your financial advisor, I have to reiterate once again that the risk of this options trade is too high, and there is a probability that you will lose all your money more than 90%. ”
Eliot was a little helpless, but he had to continue to insist on his point of view.
As a private wealth manager, the first thing to do is to help customers achieve value preservation and appreciation, of which value preservation is particularly important, which is the most basic need of every wealthy person, no matter which private bank, the recommended is always the investment portfolio, according to the customer's risk appetite to recommend.
Elliot is also the first time to encounter a customer like Chen Qiaoshan, as soon as he opens his mouth, he is a big gamble, and the probability of winning the bet is even less than one percent, if the news spreads, he may become the laughing stock of the industry.
Chen Qiaoshan was unmoved, he smiled and said, "Elliot, I think you should learn a foreign language." ”
Elliot was very entangled, he understood that Chen Qiaoshan was changing the topic, and it would be useless to persuade him, but he still said, "What advice do you have?"
"Elliot, China will definitely become an important wealth market in Asia in the future, and if you want to get more customers, I can learn Mandarin from the base. Chen Qiaoshan doesn't mind revealing a little bit of news, and of course, there are a lot of people who can see the future trend, and it's not surprising, "I know a venture capitalist in Singapore who has improved his Mandarin a lot compared to a few months ago. ”
Liu Chang suddenly interjected, and she asked curiously, "Zhou is always Singaporean?"
Chen Qiaoshan smiled: "Yes, he is originally from Hong Kong and grew up in Singapore, what, where do you think he is?"
"Looking at his appearance, I thought Mr. Zhou was Japanese. ”
No wonder Liu Chang looked away, JAFCO Asia is a venture capital fund with a Japanese background, as the helmsman, Zhou Zhengning also has a long-term experience of working in Japan, and his dress style has an obvious Japanese style, especially the mustache, which looks very eye-catching.
It's not easy to do any line of work, just at noon, Zhou Zhengning was still talking with the teppanyaki Japanese chef of Changfu Palace in pure Japanese, and in Chen Qiaoshan's opinion, Zhou Zhengning's Mandarin has improved rapidly, and his accent is much purer, and he has worked hard.
"Chen, I will accept your suggestion. Elliot did not want to continue the topic, and the answer was very perfunctory.
When he met Chen Qiaoshan, it was already a headache for him, maybe after this order was completed, the customer in front of him should go bankrupt.
Eliot is well aware of the economic situation in the mainland, with an average monthly salary of less than US$150, less than one-tenth of that of Hong Kong.
"Let me start by introducing the conditions of Mitsui Bank. Elliot didn't continue to waste time, the customer had a request, and he could only do it, hoping that it would not affect his reputation in the end, "The other party's premium is $1.81, and the contract price is $38, Chen, only if the oil price rises above $40 per barrel, you can make a profit." ”
"You have to think about it, at the price of Brent crude oil today, the price of oil is going to reach $40 a barrel, an increase of up to 23%, and I think unless terrorists take Iraq from the US military, or Iran and Saudi Arabia announce a halt at the same time, oil prices are likely to skyrocket, you know, it's certainly impossible. ”
"Also, even if the oil price rises to $40 per barrel, your investment return is only 10%, deducting commissions, the profit is less than $200,000, and the yield and risk are obviously asymmetrical, in comparison, I can provide a more reasonable portfolio ......"
Elliot still didn't give up in the end, and used specific data to persuade him.
Chen Qiaoshan didn't take it to heart, Mitsui Bank was cautious, oil prices have fallen like this, the nominal leverage is less than 20 times, not very high, of course, the specific data depends on the final trend of the market.
When you buy a call option, the payout is limited, but the payout is unlimited.
Chen Qiaoshan secretly wondered in his heart that according to the calculation of the royalty, he obtained the right to buy a total of more than 1.1 million barrels of crude oil.
If there is no deviation in international crude oil prices and the expected highs are reached according to the old historical trajectory, the profit will be more than 15 million US dollars.
Chen Qiaoshan's mind was a little confused, it was fifteen million US dollars, converted into more than 100 million yuan, according to today's purchasing power, he could buy half of the Blue Flag Camp, and he was a little dizzy when he thought about it.
Chen Qiaoshan had a feeling of unreality, he was worried that he had miscalculated, so he simply took out his BlackBerry phone and calculated it carefully, but the mental arithmetic was really unreliable.
Looking at the number 1744.6 on the screen, Chen Qiaoshan couldn't help but burst into a foul mouth: "This money is too TM to make money." ”
Eliot couldn't even understand Cantonese, let alone Mandarin, and when he heard Chen Qiaoshan inexplicably come out of a foreign language, he was a little confused, "Chen, what did you say?"
Liu Chang is also inexplicable, she is also a graduate of Tsinghua University in economics and management, and she barely passed the financial English, and she can naturally understand the conversation between the two.
According to Elliot, according to this option trading contract, Chen Qiaoshan is still far from the breakeven point, what kind of money will he make?
Chen Qiaoshan ignored the questioning eyes of the two, and he said to himself: "Elliot, the current oil price is less than $33, isn't the $1.81 royalty a bit outrageous?"
Chen Qiaoshan didn't mean to accept it when he saw it, there were 50 million barrels of orders outside, and he only bought a little more than 2%, and no one would think that the money was too much to burn.
He is very conscious, instead of cheapening these foreign banks, it is better for Chen Qiaoshan to make more money himself.
Of course, according to the final statistics, the final loss of China Aviation Oil exceeded 900 million US dollars, which is obviously insolvent, otherwise it would not have filed for bankruptcy.
In this case, the profits of foreign banks are almost discounted.
Chen Qiaoshan is not too worried, with Sumitomo Mitsui in the background, as long as the bank does not go bankrupt, his income is guaranteed, as for the money lawsuit between the bank and China Aviation Oil, it has nothing to do with him.
Elliot shook his head and said very seriously: "Chen, this price has been recalculated, and the purchase price of Mitsui Bank is 2.3 US dollars, which is a discount of more than one-fifth. ”
"Risk! The price must take into account the risk factor. Chen Qiaoshan emphasized, "Compared to their contract with China Aviation Oil, my risk is more than twice as high as it was at the beginning, and it is clear that the price is not reflected." ”
Elliot said: "Chen, there is nothing I can do, you have to know that the compliance and risk control of banks are very rigid. ”
"They don't think about how much they can make on a trade, but how much they can lose, especially in commodity futures, there is so much uncertainty, and this price is already the lowest price I can negotiate. ”
"Okay. ”
Unexpectedly, Chen Qiaoshan, who was still unwilling to give up until he reached his goal, accepted the offer in an instant.
Although he really wants to make more money, it is his own to put it in his pocket, and Chen Qiaoshan knows what it means to stop in moderation.
Elliot smiled bitterly in his heart, finally the negotiation was completed, and the purpose of this time was completed.
Seeing Chen Qiaoshan personally sign the authorization agreement, he really couldn't help it, and asked curiously: "Chen, why are you so sure that international oil prices will skyrocket in the near future?"
Chen Qiaoshan signed and drew on all kinds of documents while signing and drawing on various documents, and at the same time he said nonsense in a serious manner: "I can't say the specific reason, but I have a feeling, a very strong feeling, that I think the international oil price can rise to more than 60 US dollars." ”
Not to mention Eliot, even Liu Chang only rolled his eyes when he heard it, and it was just speculation on crude oil options, and he didn't even owe a perfunctory reason, and he was too unkind.
Elliot is very helpless, he has been a private financial advisor for nearly ten years, and he has seen many eccentric clients, but Chen Qiaoshan is unique.
No matter what kind of investor it is, there is a risk appetite, even if the courage is, there is no treasure on a bet, especially futures, which is basically equivalent to gambling in a casino, there is a situation of losing and winning.
After signing the contract, Elliot said helplessly: "Chen, before noon tomorrow, if you change your mind, you can contact me at any time." ”
"No need. Chen Qiaoshan smiled and rejected his offer, "Elliot, thank you for your professional service, when the contract ends, we will celebrate the success at the top restaurant in Hong Kong, and of course, call James." ”
At this point, Elliot was also speechless, he only hoped that Chen Qiaoshan would not jump from the top floor of any building when the time came.
Elliot looked at the table below and put the contract away, "Chen, I have to catch the next flight to Hong Kong, I'm afraid I have to go." ”
"Wait a minute. ”
"What, what else do you do?"
was stopped by Chen Qiaoshan, which was obviously unexpected by Elliot.
Chen Qiaoshan said: "That's the case, one of my companies may be sold in the near future, nothing is bothering, as far as I know, UBS provides professional consulting services, I would like to hear your advice." ”
Elliot was stunned, in James's mouth, Chen Qiaoshan is a second-generation child with a very good background, needless to say, it is clear that he can rely on his relationship to enter a multinational investment bank, and his background is naturally extraordinary.
In today's situation, it is rare to dare to take $2 million to be bullish on international crude oil futures, even on Wall Street.
Even though Elliot did not agree with this investment, he still classified Chen Qiaoshan as a financier, and when he heard that there were other businesses, he couldn't help but be interested, "Chen, can you tell me about the specific situation?"
"Of course. Chen Qiaoshan did not hide it, "I have an Internet company under my umbrella, which is a start-up that does BBS, and it has been in operation for more than half a year. ”
Elliot was slightly disappointed that most of his clients were brick-and-mortar business owners, but even so, he knew something about the Internet.
BBS is a niche group, even in the United States.
After 911, the U.S. Congress passed a bill requiring that the number of online Internet forums should not exceed 2,000, otherwise they would have to be subdivided, which was also an important factor that seriously restricted the development of forums in the United States.
"Who is the acquirer, and what is the specific price?" Although Elliot did not pay too much attention to it, but because of habit, he still asked very professionally, without showing the slightest abnormality.
"The other party is Sina, and I haven't reached the process of inquiry, and my psychological price is not less than 10 million US dollars, of course, the specific price must be negotiated. ”
"Streth!" Elliot suddenly became nervous like a cat with its tail stepped on.
This must be a word that is not involved in the fourth or sixth level, Liu Chang didn't understand, she knew that Chen Qiaoshan had a good score in foreign languages, so she asked in a low voice, "What did he say?"
It's the British's mantra to express surprise. Chen Qiaoshan felt that the translation was not very accurate, and after thinking about it, he added: "!"
Liu Chang was stunned, "Why are you scolding?"
Chen Qiaoshan smiled: "Didn't you ask me how to translate, I think the word 'swoon' is the most expressive!"