Chapter 701: Convincing the Military Region
Although it is not the first time that Mr. Xie has voted in favor of a matter that he doesn't know at all just by trusting himself, Chen Geng is still very moved: "I want to mobilize almost all of our company's foreign exchange reserves...... A maximum of a few million dollars will be kept on the books. Pen, fun, pavilion www. biqugeγ infoβ
"It's okay, I believe in you," Old Man Xie's attitude was still very resolute, he was the kind of person who would stick to the end as long as he made up his mind, and said without hesitation: "Even if you take this money to waste, I believe that you have a reason to use this money to go to waste." β
"......" Chen Geng stopped talking, and he had nothing to say: Old Man Xie has already said this, what else can he say?
"However, with such a large mobilization of foreign exchange resources, you had better say hello to the military region and obtain the consent of the military region," Old Man Xie said again: "Otherwise, there will be some trouble after all." β
What the old man said was indeed something that Chen Geng didn't expect, and his worries were also very reasonable, the East China Military Region was also the largest shareholder of the company, and he should say hello to the other party for such a big move, he nodded: "I know." β
β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
Li Xueshan frowned.
The characteristics of the army make it impossible for him to resolutely support Chen Geng's decision because of his trust in Chen Geng, the characteristics of the army make Li Xueshan believe in his heart that what Chen Geng said is true, then he still has to? There should be enough evidence to support his arguments.
After listening to what Chen Geng was going to do, he asked slowly: "So what you mean is that there will definitely be a fight between the Americans and Iraq, and there will be a huge rise in international oil prices, so ...... buy oil now."
"It's not oil that can be seen, it's oil futures," Chen Geng quickly explained to him, "It's oil that is still lying underground and will be mined for some time in the future." β
"Okay, oil futures," Li Xueshan nodded indifferently: "So you will make a lot of money by buying this oil futures now, so you plan to transfer all the company's foreign exchange to do this?" β
"Yes."
As a senior commander with strategic vision in China, Li Xueshan certainly knows that the Middle East is a bomb that has been lit with a fuse, and if no one takes strong measures to pull out or extinguish this fuse, maybe the Americans will really send troops to attack Iraq, and if the Americans send troops, it will inevitably affect the oil supply in the Middle East. He was only curious about one thing now: "You know about oil futures?" Also, how much money do you think you can make? β
"Understand a little bit," Chen Geng smiled shyly: "Oil futures are essentially similar to stocks, they are all financial products, and we as enterprises can't always ignore these at all." As for how much money you asked me to make...... I don't dare to say more, but it's still certain that I will earn two or three times as much as I can come back. β
"Can you make so much? How can it be? Li Xueshan shouted loudly, he thought it would be very good to earn more than ten or twenty percent, but Chen Geng actually said that he could earn two or three times as much?
Chen Geng explained to Li Xueshan: "There is no special oil futures trading institution in our country, and if you want to do oil futures, you can only open an account on the exchange in New York, Tokyo or London, and there is a habit of futures trading, that is, you can apply for financial leverage from the bank, for example, I only have 10,000 US dollars in my hand, but I can apply for a triple financial leverage from the bank, and the bank will lend me 30,000 US dollars to do this business, which means that I have more money in my hand......"
"Wait a minute," Li Xueshan, who relied on the intuition of a strategic-level commander and didn't understand finance, futures, and financial leverage, keenly discovered some questions: "Banks want to make money, they won't lend you money for nothing, right?" Also, what if you lose your money in the bank? β
"You're right, the bank will not lend us money in vain, the interest rate of this kind of financial leverage is relatively high, and the time is relatively short, to some extent, it is similar to short-term financial lending between banks, sometimes only a few days or even a few hours, the time is short, the profit is high, the bank is actually very willing to do this kind of business......"
"But what about any risk-averse bank experience?" Li Xueshan is most concerned about this.
Chen Geng explained to him: "First of all, the bank will supervise your funds in real time; Second, the bank will ask you to take out a sum of money as a deposit, and once there is a loss, they will use your deposit to smash it in; Third, if the margin is not enough, they will ask you to make a margin call; If you don't make a margin call, the bank will force you to liquidate the position - in short, the bank can guarantee its own returns anyway, and all the risks in the market are borne by the investors themselves. β
Chen Geng explained to Li Xueshan in the simplest way, muttering and digesting the content of Chen Geng's words, and after a while, Li Xueshan nodded: "So that's the case, I kind of understand, it means that the greater the risk, the higher the return, in turn, the higher the return, the greater the risk, a bit similar to sending an elite special forces deep behind enemy lines to carry out decapitation operations, if you succeed, you will make a lot of money, and if you fail, maybe this elite special forces will be wiped out."
So whether you can make money, how much money you can make, and even whether you will lose all your money, it all depends on the grasp of the market and a little luck, right? β
Although Li Xueshan does not understand finance and futures, he has made his own interpretation of futures and financial leverage from a military perspective.
"yes, that's what happened." Chen Geng was convinced.
"And how sure are you?" Li Xueshan looked at Chen Geng with blazing eyes: "Even if you send special forces to carry out decapitation operations behind enemy lines, you need to have enough confidence to support it, even if this certainty is only 10%, or even 1%, what is your certainty?" Why do you think you can win this battle? β
Chen Geng really can't say that he once used all his wealth to pay a memorable tuition fee in this war, and also let himself have an extremely deep memory of the price fluctuations of international oil futures from August 1990 to the end of the Gulf War, he can only say: "Because the Middle East provides more than half of the world's oil supply, no matter whether the Americans and Iraq can fight, as long as they make a hostile attitude, international oil prices will definitely be affected, this is our opportunity." β
After a pause, Chen Geng said: "If the military region is worried about its own income, in this way, if there is a loss in this investment, I will use my part of the dividends to make up for the ...... to the military region."
"No! Our military region is not so stingy," Li Xueshan waved his hand and looked at Chen Geng with blazing eyes: "You said that the money earned will be used for the MPC-75 aircraft and cooperation with the Kuznetsov Design Bureau, right?" I only need you to give it to the military region. β
"You say!" Chen Geng said without hesitation.
"No matter how much money you can earn this time, whether it is 10 million or 100 million or 2 billion, except for the principal, this money can only be used for your company's aviation project," looking at Chen Geng, Li Xueshan said word by word: "If you agree to this condition, I will agree!" β
"Please rest assured, chief!" Chen Geng also said loudly without hesitation: "The reason why we are not doing oil futures this time is because aircraft and aero engines are a project that burns money, especially foreign exchange, and if it were not for aircraft and engines, we would not have done it!" β
"Good!" Li Xueshan stretched out his hand and nodded on Chen Geng's chest: "This is what you said, I remember it, don't let me down!" β
"Please rest assured, chief!" Chen Geng's face was awe-inspiring, but in a blink of an eye, Chen Geng said to Li Xueshan with a smile: "Chief, think about it the other way, I have enough money every year now, if it's just to pursue my personal enjoyment, there's no need to do this, right?" β
"You stinky boy," Li Xueshan suddenly cried and laughed, and raised his foot and kicked it: "A dog can't spit out ivory in its mouth." β
That being said, Li Xueshan also admitted in his heart that if Chen Geng was really for himself, he really had no reason to do it, just like Chen Geng said, he had enough money, and the risk of doing so was a little too great.
"By the way, there's one more thing." Suddenly thinking of something, Li Xueshan's face suddenly became solemn.
Looking at Li Xueshan's face, Chen Geng suddenly had a bad feeling in his heart, could it be that something was wrong? "You say."
"That's the case," Li Xueshan hesitated, and said slowly: "Your Runhua Industry is getting bigger and bigger now, and you, as the leader of Runhua Industry, are still an active military officer, so ......"
Chen Geng's face turned pale instantly, his body shook twice, and he said with difficulty: "What do you mean...... Be...... I have to take off this uniform? β
In fact, Chen Geng had long thought that there would be this. If Runhua Industry is just a small enterprise that can only flutter in China and has annual sales of tens of millions of yuan, Chen Geng's identity as an active officer will not be a problem at all, but now Runhua Industry is already a giant enterprise group with annual sales of tens of billions of yuan and spanning many industries.
Chen Geng knew that this day would come sooner or later, and he was mentally prepared, but what he didn't expect was that this day would come so early.
That's too fast, right?
When this day really came, he realized that he was so reluctant to wear this military uniform.