Although it was not as good as Tang Bao guessed in his heart, Horst did not interfere in the stock trading of BP oil company in the United Kingdom, and even attracted the other party's warning for no reason. But he can at least be sure that BP is in trouble...... In the face of a sluggish stock price, they are helpless; Watching the Kuwait Investment Authority keep increasing its stakes, their hearts are terrified!

Therefore.

BP needs new investors to help boost market confidence, stabilize and boost the company's share price. But they will not and dare not introduce investors at will, but will slowly select "qualified" investors...... The so-called qualification, in Tang Bao's view, is nothing more than the following situations.

The first case.

Investors have relatively low shareholdings, and they are not allowed to enter the board of directors, let alone interfere in the internal personnel appointments and business strategies of BP oil company.

The second case.

The investor must be private capital or an institution such as a pension fund, and cannot have the backing of state capital.

The third case.

There is no potential threat to investors, such threats include threats to corporate control, threats to the security of the UK's energy supply, and so on.

After a brief analysis in his mind, Tang Bao thought that Phoenix Investment Group could still meet the "qualified" standard......

"Alright, I'll go back to school first. You're busy! Saying that, Tang Bao was about to get up and leave, and as soon as he returned to the United States, he was attracted by the overwhelming news reports, and hurried over to ask about the situation, but he didn't have time to rest for a moment. Now that he's figured it out, he's going to go back and get some rest.

Is this leaving?

Horst was stunned, although he knew that Tang Bao would not stay in the company for long, he did not expect to leave in such a hurry.

"What's your expression?"

Looking at Horst's unbelievable expression, Tang Bao suddenly felt very funny.

When others saw the boss leaving the company, they couldn't wait to jump up and celebrate, without the boss supervising in front of them. Wouldn't it be more free and comfortable? He was good, when he heard that Tang Bao was leaving, not only was he not happy, but he seemed to be helpless. Don't you like the feeling of being in power?

Stunned for a moment.

Horst was awakened by Tang Bao's chuckle, and then couldn't help but remind: "Boss, the financial statements for the fourth quarter of last year have been out for several months, and you haven't checked them yet. In more than a month, the report for the first quarter of this year will also be released, do you want to read it together? ”

Usually.

After the financial report of Phoenix Investment Group is sorted out, Horst will send it to Tang Bao as soon as possible. Please refer to Tang Bao. But at the end of last year, due to a series of turmoil, Tang Bao went to Texas to buy the American Southern Company. When I came back again, I only gave a little advice, and then packed up and went back to China. He didn't have a chance to ask Tang Bao to check the financial report at all!

"Well, your boss and I have been on the plane for more than ten hours, can't you let me rest for a while?" Tang Bao couldn't help but say helplessly.

Tang Bao has also read the financial report of Phoenix Investment Group more than once or twice, and each time it is very clear and clear. There are no major omissions. Therefore, Tang Bao is not as concerned about this piece as before. But considering that Phoenix Investment Group controls a large number of potential enterprises, he really can't let it go. Otherwise, when there is a ghost or a bold employee in the company one day, he will not have to cry to death.

Therefore.

Finance. Even if Tang Bao is not in charge personally, he will check it every once in a while. There's even an occasional surprise check!

Horst is a man with strong management skills, and when he joined Phoenix Investment Group, his talent was thoroughly revealed. Phoenix Investment Group was well managed by him, steadily expanding, and its performance soared like a rocket. Slowly gained Tang Bao's trust.

Therefore, the matter of checking the financial report is not as cautious as it was at the beginning.

"Boss, let's take a look!" Horst persuaded, looking a little apprehensive. After saying that, he walked directly to the safe, skillfully entered a string of passwords, and opened the safe. Soon, holding a light blue folder in his hand, he returned to Tang Bao's face.

Light blue.

It is the special color for collecting the financial statements of the Phoenix Investment Group, and other documents do not use this color folder.

"You've seen it all, haven't you?"

After taking the financial statements, Tang Bao casually flipped a page, and did not read it in detail, but just glanced at it habitually.

"Yes."

Horst replied with a calm nod.

"Could it be that something is wrong?" Tang Bao closed the folder, raised his head and stared at Horst and asked. Every time Horst presented his financial statements to him, he was very excited, and he couldn't help but show off to him how much profit he had made from such and such an investment, and who had skyrocketed in his performance, and he was a talent worth cultivating...... However, this time Horst's performance was a little too calm.

Call~~

Horst took a deep breath and sighed that he was still coming.

"In the fourth quarter of last year, the futures investment department suffered a serious loss, with a loss of up to $473 million!" Horst reported heavily. Phoenix Investment Group is not a hundred victories, and there will be various paper losses, but the loss of the futures investment department this time is definitely the largest amount. Fortunately, it made a big profit in the stock market crash last year, otherwise the loss of the futures investment department alone would have sent Phoenix Investment into an endless abyss.

"So much loss?"

Hearing the amount quoted by Horst, Tang Bao was surprised. But there is no anger, financial investment must be risky, even if it is accurately calculated, then there is a small probability of events, no one can guarantee a steady profit and no loss. What's more, futures investment is very gambling......

"Hmm. If it hadn't been discovered early and closed in time, I couldn't have predicted what would have happened in the end. In fact, most of the futures trading in the futures investment department is profitable, and the loss is mainly due to holding a large number of gold futures. The futures investment department analyzed that the price of gold would rise because of the stock market crash, so it bought a large number of bullish futures. However, the market has behaved exactly the opposite, and the price of gold has been falling. Horst reported.

The performance of the Futures Investment Department has been good.

Pity.

This fatal mistake completely wiped out all their efforts. But Horst didn't want to give Tang Bao the impression that the employees of the futures investment department were stupid pigs, and he couldn't kill everyone with a stick. Therefore, after a moment of silence, he added: "Aside from the losses of gold futures trading, the futures investment department made a profit of nearly 200 million US dollars in the fourth quarter. However, due to the serious mistakes of the gold futures trading group, these profits were swallowed up, resulting in the overall loss of the futures trading department. ”

"Who is in charge of the gold futures trading group?" Tang Bao asked calmly.

"Yang Yang."

"Huh? It was he who ......" Tang Bao was surprised to hear this name. He remembered that when he was shorting crude oil futures, Yang Yang's performance was extremely decisive, and his operation was delicate and decisive. It is precisely because of his excellent performance that he was promoted to the head of the futures investment department of Phoenix Investment Group.

"Boss, Yang Yang is too confident in gold futures trading, he is eager to copy the miracle of crude oil futures war you created at the beginning......" Horst sighed, although he is not directly in charge of the futures investment department, but he still knows the situation over there very well, otherwise it would be impossible to find this mistake in time.

"How is this handled?"

To cause such a loss to the company, there must be an explanation.

First of all, Yang Yang is mainly responsible for the loss of gold futures trading, and conducted a deep review at the executive meeting to cancel all bonuses. Second, he has voluntarily resigned from the position of head of the futures trading department and demoted himself to the most ordinary futures trader, and the supervisor position is temporarily represented by Erwin, the leader of the coffee futures trading team with the best performance. In the end, because I also did not fulfill my regulatory responsibilities, I gave up last year's year-end bonus. Horst briefly explained the situation.

"Hmm."

For the results of the processing, Tang Bao was quite satisfied. "Are there any other problems besides the loss of gold futures?"

"On a single investment, there are definitely some losing trades, but overall they are profitable. Among them, the Equity Investment Department invested in a total of 276 stocks, with a total value of about US$6.3 billion. In particular, the boss should focus on the circle of 70 heavy stocks, most of which are eye-catching. At the mention of stocks, Horst instantly came to his senses and began to talk endlessly.

Of course.

Horst suddenly became so energetic again, which was also related to Tang Bao's failure to hold accountable for the loss of gold futures trading. Otherwise, he probably won't be able to laugh.

"None of the seventy stocks I've circled have been sold, right?"

"No, absolutely no one would dare to sell those shares without your orders. Instead, add to a few of them......" Horst hurriedly assured.

"Oh, yes. Boss, we have further increased our holdings in Microsoft shares, and Phoenix Investment Group's holdings of Microsoft shares have now reached 10.8%. Microsoft's stock has been so strong that it was only $37 at the time of the crash and has now risen to $75 in the past few months. Oh no, this is the price at the time of the earnings report. Microsoft's stock price should be $80 at the moment. ”

"Hmm."

Tang Bao nodded slightly, he didn't show much excitement about Microsoft's stock soaring. No matter what the price goes up, he won't sell it. However, he is still very appreciative of Horst's continued increase in Microsoft shares. It's all a sure-fire investment!

"I have made a separate table for the situation of those 70 stocks, including the purchase price, current price, book profit and loss, equity change and other data have been recorded in detail. Well, right on the last page of the folder! "Horst knew that Tang Bao attached great importance to these stocks, so he personally made statistics." Oh, and the penultimate page is an overview of Phoenix Investment Group's overall P&L, which is presented in the most concise language and is easier to understand than a financial statement......"

Hearing this, Tang Bao became interested. Hurriedly turned the last page, one is a brief text description, the other is a table record, all of which are clear at a glance.

"Good. That's a good job! Seeing these two pages, Tang Bao praised loudly. (To be continued......)