Chapter 114: An Opportunity

"Hi Adson, here, introduce you to a friend." Wagner led Peter to Adelson's side, pointed at Peter and smiled, "This is Peter, the chairman of the board of directors of BP Petroleum. Mr. Peter, he is Adelson, a shareholder of Centex. ”

The two sides shook hands with each other and exchanged pleasantries.

Peter went straight to the point and explained his intentions: "Mr. Adelson, are you interested in BP Oil?" ”

"Well, Mr. Peter, what do you mean by that?" Adelson didn't understand the meaning of Peter's words.

"I would like to invite you to invest in BP Oil!" Peter put it more bluntly, simply.

"Investing in BP Oil?"

Adelson was even more surprised, and secretly thought: Shouldn't Peter have had a war of words with the Kuwait Investment Authority in London at this time, how could he have the leisure to run around to promote the shares of BP Oil Company in the United Kingdom. What's more, there is a risk that their shareholding ratio will lose control of the company, and the introduction of new shareholders will further dilute their shares, so they intend to give up their controlling stake completely.

But.

After a little thought, it becomes clear that there is absolutely no way for them to give up. Otherwise, there would be no need for Peter to come and sell BP oil shares. The Kuwait Investment Authority is very interested in their shares, and it is not enough to sell them directly to the other party, but also to sell them for a high price.

"Mr. Adson, I'm not talking about investing in another stock issue, but in the hope that you can buy a fraction of the shares from the open market."

Peter added: "You should be aware that BP Petroleum is doing well, but it was just a bit of bad luck and it was a crash during the IPO...... At the moment, its stock price is still seriously low, and buying these stocks at this time will definitely pay off handsomely. ”

Hear out.

Adelson fell silent, lately. Oil stocks are generally underperforming, but he is optimistic about the future potential of oil resources.

He was waiting for the right moment to enter the oil investment space. But Peter's suggestion made him hesitate, and without him, the Kuwait Investment Authority was frantically increasing its holdings of BP Oil's shares, pulling up the stock price. He joins the scramble at this time, which will further push up the stock price.

Adelson wondered if Peter wanted to use him to boost the stock price and add obstacles to the Kuwait Investment Authority's increase in its holdings......

Ponder for a moment.

Adelson felt that it was inappropriate to grab shares from the Kuwait Investment Authority in the open market: "Mr. Peter, if your company is willing to issue additional shares. I will carefully consider your proposal. Absorbing shares from the open market makes it difficult to acquire a sufficient amount of equity, which will also drive up investment costs. ”

"I understand your concerns. However, this is only temporary, and the shares of BP oil company in the market will become more numerous. And...... You'll also have one less strong competitor. Hearing that Adelson was interested in buying shares in BP, Peter hurriedly said.

"Oh?"

"The Kuwait Investment Authority will reduce its stake, and at that time, there will be a large number of BP oil shares in the market." Adelson laughed.

"Are you sure?"

Adelson was somewhat unconvinced, with the posture of the Kuwait Investment Authority. There doesn't seem to be a trend to reduce shareholdings.

"I promise! The British government is already putting pressure on Kuwait, and it won't be long before they voluntarily reduce their shareholding......"

"Oh."

Hearing Peter's explanation, Adelson suddenly realized. No wonder Peter had such faith. It turned out that the British government intervened. At the same time, he also immediately understood Peter's intentions, and the other party asked him to invest in BP stocks, and he must have the intention of supporting the market for them. Today, the Kuwait Investment Authority owns more than 20% of the British BP oil company. Once there is a large sell-off, the stock price will inevitably fall. There may also be a large number of hedge funds shorting BP oil shares, if no one is holding the market. I don't know what it will fall into.

At this time.

Wagner, who was listening to the conversation between the two on the side, was not secretly shocked in his heart, he did not expect that the purpose of Peter's coming to New York was actually this.

The British government intervened.

This news is so shocking!

Perhaps, this is also an opportunity for him......

"Huh, Mr. Peter, if the Kuwait Investment Authority undertakes a reduction operation, I will buy some BP oil shares in moderation."

Adelson thought for a moment and gave a clear answer.

"Ah, that's great."

Hearing Adson's words, Peter said in surprise. He didn't expect that the first investor he approached would be successfully negotiated.

But.

Peter also needed to make sure, "Mr. Adelson, how many shares will you be able to buy." You know, the Kuwait Investment Authority has so many shares that we may have to find more investors to take over to ensure that the stock price doesn't collapse. ”

"Hmm."

Adelson also feels justified, "I shouldn't be taking too many shares, not more than 1% of BP's total shares." Of course, if the stock price is lower than I expected, it may increase appropriately. ”

"Okay."

Peter said happily. "Please also ask Mr. Adelson not to divulge today's conversation, so as not to cause ......fluctuations in the stock price in the market," Peter said politely, and hurried to the next one. Before leaving, I didn't forget to remind Adelson to pay attention to confidentiality!

……

As the saying goes, a good start is a successful one, and Peter's first game was promised by Adelson, and he suddenly became more confident and had greater expectations for the trip.

Pity.

The next encounter was tantamount to a slap in the face to him, which made people realize the reality. Not everyone is a generous "Adson"!

When I contacted the presidents of three investment institutions in a row, when I heard that I was investing in the shares of BP Petroleum in the United Kingdom, they all politely refused.

The entire oil industry is in a recession, and they don't take their investors' money lightly.

"Ugh."

After being rejected by another voter, Peter's heart became a little heavy, and he sighed softly.

……

"Well, Mr. Peter, I'll choose to buy some of your company's shares at the right time." After listening to Peter's intentions, Baxter said, but this is not because he is optimistic about the potential of BP Oil, but because Peter was introduced by Wagner. And he and Wagner are connected by the Phoenix Pioneer Fund. It's also very talkative, and he has to save some face for Wagner.

"Hmm. Because our company has limited liquidity, the funds used to purchase BP oil shares will not exceed $10 million. ”

Rather than investing money in BP Oil, Baxter prefers to increase its investment in Phoenix Vanguard, which has a greater outlook.

"Hmm. Thank you Mr. Baxter for your support, and I am confident that BP will not disappoint you. Peter may have seen that Baxter was reluctant to buy BP shares. He didn't continue to persuade him, let alone mention some secret things.

Bidding farewell to Baxter, Peter's expression became even more solemn.

He finally realized that BP's stock was not as popular with Wall Street investors as he had imagined......

"Mr. Peter. Let me introduce you to a Wall Street investment myth. If you can convince him to buy BP shares in the UK, your troubles can be solved in no time. He alone has enough power to take over the shares sold in Kuwait. ”

"I hope so."

Peter didn't get any easier, there were a lot of wealthy investors, but not everyone liked BP stock.

After a few previous failures, he realized that the key was whether BP oil shares were a strong attraction to investors. If it's attractive, even if he doesn't show up. There are also countless investors rushing to buy, otherwise, there may be a lack of interest.

Saying.

Tang Bao and Li Zhen sat opposite each other, laughing in a low voice. Suddenly. Li Zhen tugged at his sleeve and gestured to him with his eyes, Tang Bao immediately understood what she meant, and couldn't help but turn his head to look behind.

Saw.

Wagner was bringing the man who had caught his attention earlier to stand behind him.

"Don. I didn't bother you. Wagner said with a smile.

"It's fine. Wagner, don't you have to entertain other guests, uh. Who is this? Tang Bao stood up, looked at Peter and asked.

"This is Peter, chairman of the board of directors of BP Oil."

"Hello."

Tang Bao shook hands with the other party and said, on the surface he was very calm, but in fact, he was a little surprised in his heart, wondering why Peter appeared here.

"I've heard about Don for a long time, and you're an investment prodigy on Wall Street. I didn't expect to be lucky enough to meet you today! Peter seemed very enthusiastic, although he stayed in the UK all the year round, he still knew something about Tang Bao and the Phoenix Investment Group, and when Wagner said that the person he wanted to introduce to him was Tang Bao, he suddenly came to his senses.

Investing in a child prodigy?

Tang Bao was slightly stunned, secretly wondering when I would have this title.

"You may be seated."

Tang Bao smiled, not taking it seriously. Then he pointed to the empty seat next to him and said. Wagner deliberately introduced Peter to him, which should be more than just a familiar face.

Once seated.

"Don, I've heard that you have a very unique insight into how to pick stocks...... What do you think of BP Oil's stock? Peter said with a smile.

Tang Bao's eyes narrowed slightly, and he secretly observed Peter, unsure of Peter's intention for a while.

Then.

Wagner and Li Zhen also listened attentively, they both knew that Tang Bao had gained a lot in the stock market last year, and his analysis and evaluation of a certain stock was naturally worth paying attention to. Wagner, in particular, knew that there was a team within the International Finance Corporation of the United States that tracked and analyzed changes in Phoenix Investment Group's stock holdings and used them as a reference.

"Mr. Peter, are you sure you want to hear my assessment of BP Oil's stock?" Tang Bao asked in a somewhat playful whisper.

He didn't believe that Peter came to hear him evaluate his company's stock.

"Hmm."

Peter's definite answer.

"While BP oil shares have performed well recently, this is encouraged by the continued increase in holdings by the Kuwait Investment Authority. I think...... Your company's stock price will fall significantly in the near future, and if you don't handle it properly, it will even cause a crash! ”

Tang Bao said clearly.

He recalled, however, that the Kuwait Investment Authority had recently come under pressure from the British government to stop increasing its stake in BP Oil. He didn't know exactly when, but looking at the Kuwait Investment Authority's recent deaths, it seemed that he was not far from being castrated.

"Oh?"

Hearing Tang Bao say that the stock price would plummet, Peter's heart beat violently. "What's the point?"

"Hehe, this aspect is related to the downturn of the entire oil industry, in the past two years, almost all investment in the oil sector has suffered heavy losses, and it is difficult for oil stocks to rise, at least it is good news that has not driven oil stocks to rise sharply in the near future. In addition, the Kuwait Investment Authority is also an important factor, and Mr. Peter seems to be dissatisfied with the increasing increase in the shareholding of the Kuwait Investment Authority...... Unless you can tolerate each other's continued holdings, the stock price will fall sooner or later. Although Tang Bao did not point out directly, he had already hinted that the collapse in stock prices would be related to the Kuwait Investment Authority.

Terrible!

Peter secretly praised in his heart, he understood what Tang Baoqian meant.

"Don, you also said that BP oil shares will only fall in the near future, so what about holding them for a long time," Peter continued.

"The long-term nature is related to the situation of the entire oil supply and demand market, and if the price of oil rises, the stock price will inevitably rise...... In general, oil resources still have investment value. (To be continued......) R1292