568. The Canadian consortium does things
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Moreover, the company's rapid expansion, operating costs, management costs, mining costs, digging costs, labor costs, and transportation costs are all increasing, and now the company has been losing performance statements for two consecutive quarters, which is a mess!
Canada's two giant oil companies are planning to sharpen their knives and go to the pigs and sheep! Behind it is a Canadian consortium to do things!
Husky Oil is in a very bad situation at the moment and is in dire need of capital injection.
Now this company is under the umbrella of the Heung Kong Foundation, which is of great value to the Heung Kong Consortium and is a very important part of the energy field of the Heung Kong Consortium! It is also a major layout of Li Zeju, the CEO of Heung Kong, in the energy field!
I heard that someone in the HSBC consortium proposed to sell Husky Oil Company, but Li Zeju was scared a lot!
If the HSBC consortium does sell some of its shares, then it will be bad, now Canada's two big oil companies are ready to buy the remaining 43% of the shares from the Canadian chemical and gas transportation group NovaCorp!
Now they only have 9% of the shares of the Xiangjiang consortium, plus the 5% of the shares in the hands of his father's private bank, the Canadian Imperial Bank of Commerce, which is only 14% of the right to speak, and without the full support of the HSBC consortium, they will lose control of Husky Oil Company in minutes. Thinking of this, Li Zeju continued: "Mr. Chen, the Husky Oil Company is very important to the layout of the Heung Kong Consortium in the energy field, and I heard that some people in the HSBC Consortium are proposing to sell the Husky Oil Company! I think we can talk to them about acquiring the Husky Oil Company! It is better to sell to us than to sell to the other two giant oil companies in Canada! Not to mention that these two giant oil companies are already preparing to merge!! when the time comes, their newly merged company will completely dominate the Canadian oil industry chain!"
Now that he is in Canada, he hurriedly dealt with the matter, but the attitude of the HSBC consortium was ambiguous, some people said that they wanted to inject capital, and some people proposed to sell Husky Oil Company, and there was a dispute!
These two giant oil companies in Canada are about to merge into Canada's oil giants, which will bring a greater shock wave to the Husky Oil Company at that time! It will completely affect the energy strategic layout of the Heung Kong Foundation!
Chen Hui said: "Oh, merge, don't worry, I'll call Henry tomorrow to ask!"
Li Zeju said: "Okay, Mr. Chen!"
After hanging up the phone, Chen Hui pondered.
At present, the Husky Oil Company, which is jointly controlled by the Heung Kong Consortium and the HSBC Consortium, is in a very bad situation, and has been losing money for two consecutive quarters, although the loss is small, but the loss is gradually increasing, losing $50 million last quarter and $70 million last quarter!
When the international oil price is still more than $100 per barrel, it has lost money for two consecutive quarters, so what will this oil company do when the international crude oil falls to more than $20 per barrel in the future? Won't it become a dog at a loss? Five bankruptcies are not enough!
At present, the market value of this oil company is about $20 billion, and Chen Hui had planned to inject $2 billion into it, but after thinking about it, there is no doubt that this will burn money in vain, and international crude oil will begin to fall sharply in the next few months, and then the market value of this oil company will evaporate all the way and shrink all the way, and the company's losses will become bigger and bigger! At that time, it will be possible to lose billions of dollars in a year!
Moreover, the Canadian consortium is also eyeing Husky Oil, and can no longer tolerate other oil companies competing with them for Canada's oil industry chain.
Seeing that Chen Hui's brows were a little furrowed, Luo Baowen asked softly, "What's wrong?", looking at Chen Hui with concern.
Chen Hui immediately briefly said the matter, and at this moment Chen Hui was hesitating whether to sell Husky Petroleum Company or continue to inject capital into it, after all, Husky Oil Company is very important to the energy layout of the Xiangjiang Consortium!
After listening carefully, Luo Baowen said: "Simply, sell this company, and cash out the shares at a high price while the market value of this oil company is still $20 billion!
When Luo Baowen heard Chen Hui say that oil prices would plummet in the future, she immediately put forward her own suggestions, although Husky Oil Company is now very important to the energy layout of the Xiangjiang Consortium!
But at present, it seems that there is no way, rather than stumbling with Canada's two giant oil companies and playing with Canadian consortiums, which still consumes countless funds, it is better to sell the company's shares.
Chen Hui thought for a while and said: "This is okay, I also happen to have this plan! And now is not the time to collide with those guys in Canada! Let them succeed for a while, and when the international crude oil plummets, I will clean up these guys!"
Luo Baowen said softly: "Well, I believe in you!", after speaking, Luo Baowen couldn't help but tighten Chen Hui, and then got hot...
The next morning, Chen Hui immediately called Henry, and now Henry is on vacation in Thailand.
"Henry, do you know about the Husky Oil Company?" Chen Hui immediately spoke: "Tell me your opinion!"
Henry was not ambiguous, and said: "Chen, I plan to sell the Husky Oil Company, if you want, I will sell it directly to your Xiangjiang Consortium!"
Before the establishment of the Xiangjiang Consortium, Chen Hui mentioned this matter to him, at that time the situation of Husky Oil Company was not so bad, he did not want to sell these shares, but now it is very different, he is not very optimistic about oil prices, plus Canada's two giant oil companies began to target Husky Oil Company, and have already talked to their HSBC consortium to buy Husky Oil Company's shares at a high price, and they also agreed internally, and were about to tell the people of Xiangjiang Consortium about this matter, but Chen Hui's phone call came.
"Sell it, sell it, that's exactly what I want! But I ask for a postponement of 2 to 3 months!" Chen Hui said with a smile, it is best for the HSBC consortium to sell these shares, and there will be nothing to do with the Petro-Canada consortium in the future.
"Chen, we're just going to sell some of our shares! If the Xiangjiang Consortium wants to buy it, we can sell it to you!" Henry said: "About 33% of it! We plan to hold 10% of the shares!"
Their HSBC consortium also plans to cash out more than $6 billion! Just keep 10% of the shares!
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