Chapter 1308:-for-tat
Lu Jing's exclamation of "getting off the horse" made Song Yuqi, He Mengming, Mo Jingwen, and Yu Le feel the same way.
Fourth Oil Singapore is a delicious meal in the eyes of Mitsui and Goldman Sachs. At the end of this feast, Hehua pulled the Fourth Petroleum Singapore Company out of the "quagmire", which was equivalent to lifting the table.
If Goldman Sachs and Mitsui don't react, is it weird? The English-language newspaper in GuΓ² Singapore used the mouth of Gerard Rigby to expose the futures portfolio in the hands of Fourth Petroleum Singapore, with the intention of nothing more than a warning.
In the futures market, options combinations are a very confidential matter. If it is known by competitors, it is likely to be targeted.
Suppose Hehua holds 10 million barrels of oil futures for $42 and sells them for six months, what will competitors do when they learn of this?
Very simple! In the period of time before the futures contract in Hehua's hands was about to enter the delivery date, the international oil price was secretly sharply raised, making the oil price much higher than $42 per barrel. If Hehua doesn't stop the loss in time, he will definitely vomit blood.
The reason why Fourth Petroleum Singapore was calculated by Mitsui and Goldman Sachs was because Goldman Sachs and Mitsui clearly knew the distribution of positions in the hands of Fourth Petroleum Singapore.
Chen Jiulin also understood what Lu Jing meant, and asked cautiously, "Mr. Lu, how do you think we should deal with it?" β
The purpose of Hehua is to save the Fourth Petroleum Singapore Company. So, the option portfolio held by Fourth Petroleum Singapore has been exposed, will Hehua continue to wait for oil prices to fall according to the original plan?
Goldman Sachs and Mitsui may not be as Hehua intended.
in the international crude oil futures market. Even though oil prices should be linked to physical prices, huge financial strength is still one of the important factors affecting international oil prices.
What if Goldman Sachs and Mitsui make a move to raise oil prices?
Lu Jing said calmly: "Mr. Chen." Hehua's plan to inject capital into Fourth Petroleum Singapore should be almost discussed, right? We sign the agreement today or tomorrow. He said to Mo Jingwen again: "Jingwen, you are going to hold a press conference to announce this matter." β
Mo Jingwen smiled and nodded. "Okay." Lu Jing is preparing to compete against each other. Since Hehua dared to save the Fourth Petroleum Singapore Company, how could he be frightened by a "dismount"?
Chen Jiulin breathed a sigh of relief in his heart, and said neatly: "Mr. Lu, we can sign a contract this afternoon." β
Kang Guangxi, Liu Hexu, and Xiao Zhong glanced at each other, and a smile gradually appeared on their faces that were waiting for battle.
Yes, Goldman Sachs is one of the top five investment banks on Wall Street and a big brother in the global financial sector. The Mitsui Foundation is the largest consortium in Japan and has a strong strength.
However, in Singapore. Neither company is likely to go all out. And the spokesmen of Asia's emerging Hehua consortium sat in front of them. With all his strength against the part, in this game, it is still unknown who will kill the deer.
Nan Ran took a sip of tea, but the very ordinary tea leaves felt extremely fragrant. Today is regarded as seeing Lu Jing's demeanor. Sure enough, as the legend says, he has a very hard temperament. Nan Ran said: "Mr. Lu, if it doesn't work, we will cut the position directly." β
Anyway, it's a loss of $150 million. With the amount of funds in Hehua, it is completely possible to bear such losses.
Lu Jing smiled: "It depends on the situation." β
His plan was to use the futures contracts held by Fourth Oil Singapore as bait. Compete with Goldman Sachs and Mitsui.
If you want Goldman Sachs and Mitsui to pay the price for this hunt for Fourth Oil Singapore, this is the best choice. Fourth, Petroleum Singapore can be used as a big meal by Goldman Sachs and Mitsui, so maybe Hehua can't be a bigger meal?
As long as Hehua is willing to enter the game, Goldman Sachs and Mitsui will inevitably choose to compete with Hehua.
As for using judicial means to make Goldman Sachs and Mitsui pay the price, it is simply necessary to consider. First. There is no legal evidence. Second, the bias of the Singapore government, you can use fart stocks to know who it is biased.
Hehua is willing to continue to inject capital. The atmosphere in the conference room was relaxed. The crowd talked about the case against Gerard Rigby and Abdalah Kama. The verdict in this case will not be pronounced immediately. But Fourth Oil Singapore certainly cannot remain indifferent to Gerard Rigby's leak of trade secrets in the media. Tomorrow. Fourth Oil Singapore will sue Gerard Rigby in court for leaking trade secrets.
Seeing that the matter was almost handled, Lu Jing asked, "Mr. Chen." Futures trading can be stabilized, what is Fourth Oil Singapore going to do next? β
Chen Jiulin rubbed his head and said: "Mr. Lu, after the funds are abundant, I am ready to acquire 20.6% of the equity of PetroSingapore according to the original plan. β
Lu Jingdao: "Then let's go according to the original plan." There is no need to be affected by the leakage of the option portfolio. β
Chen Jiulin smiled and nodded.
Listening to Lu Jing's meaning, it seems that he wants to compete with Goldman Sachs and Mitsui in oil futures. Since Lu Jing can deal with the matter of futures contracts, his energy will be put into the company's business operations.
Futures trading derivatives, he really didn't dare to touch it again.
For Lu Jing, he wasn't too worried. It's not that I trust Lu Jing's ability, but with Hehua's total assets, a loss of $1 billion is not much of a loss. He did his own thing and made Fourth Oil Singapore profitable, which is the best reward for Lu Jing's help.
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Song Yuqi and Yu Le stayed behind to prepare the contract to inject capital into Fourth Petroleum Singapore. Lu Jing, Ho Mengming and Mo Jingwen returned to work at the Lido Hotel in Singapore. It was decided to fight with Goldman Sachs and Mitsui, and the preparatory work must be done.
The next day, Hehua and Fourth Oil Singapore jointly held a press conference to announce the news that Hehua injected US$200 million into Fourth Oil Singapore.
The news surprised the Singapore-focused media: Fourth Oil Singapore had come back from the dead. Singapore's Lianhe Zaobao, Daily News, Straits Times and other newspapers have reported the news.
Soon after, the media in Asia also began to report on it one after another. Fourth Oil Singapore has become a household name in just a few days. Its losses in futures trading were exposed by the media to the general public.
Yellow Sea.
It was raining lightly, and in the exquisite and elegant restaurant of the Jin Lou, the crystal lamps emitted soft light, and the elegant Western decoration style created a dining atmosphere.
Pei Wuyue put down the newspaper in his hand, shook his head helplessly, and sighed: "Book of Songs, Lu Jing has entered the game." Goldman Sachs is fully capable of manipulating international oil prices and knows the position of Fourth Oil Singapore. Lu Jing didn't have any chance of winning at all. β
Tang Shijing sipped the red wine, sighed softly, turned his head and asked Zhang Jingyun beside him, "Jingyun, how are things going with you and Cui Qiyue." β
At the exquisite dining table covered with a white tablecloth, Zhang Jingyun was drinking chicken soup in small sips, putting down the white porcelain spoon, and whispered timidly: "I don't want to marry him." β
Tang Shijing nodded and encouraged: "Jingyun, just stick to your ideas." β
Zhang Jingyun is Cui Qiyue's fiancΓ©e, and she likes this delicate and cowardly girl very much. She is suppressing Cui Qiyue, and with Cui Qiyue's current situation, she is not a good candidate for marriage.
Pei Wuyue was a little crying and laughing. Shijing is worried that the suppression of Cui Qiyue will affect Zhang Jingyun, so it is no wonder that she was invited to dinner. I'm thinking about Singapore.
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Twilight is just right, and the setting sun shines on the tiny purple flowers of the neem treetops in the private garden of the Presidential Suite at the Lido Hotel Singapore.
"Mr. Lu, I speak more directly, don't be surprised. According to the research of Kaiyue Capital, it is difficult for the international crude oil price to fall to the price of $43. At present, international oil prices are gradually and slowly falling from high levels due to the following reasons:
First, the winter fuel oil procurement boom in North America and Europe has basically ended, and the US oil reserves will basically return to normal inventory levels.
Second, OPEC decided to raise the organization's crude oil production limit by another 1 million barrels per day (excluding Iraq) to 27 million barrels from November 1, 2004, in order to prevent further strengthening or sharp decline in oil prices.
Third, speculative funds are waiting for an opportunity to withdraw from the oil futures market. β
On the phone, Fu Yulong, executive vice president of Kaiyue Capital, said earnestly.
In the final stages of Hehua's acquisition of Hyundai Motor, Kaiyue Capital lent hundreds of millions of dollars to Hehua, and the relationship between the two companies was good.
Fu Yulong himself admired Lu Jing's talent and ability in the process of acquiring Hyundai Motor, so he told Lu Jing so thoroughly on the phone.
Lu Jing smelled the fragrance of flowers, stood in the private garden and looked at the sunset on the edge of the sky, and said with a smile: "Mr. Fu, I understand, I understand." There's still something unfinished in your words. Goldman Sachs has the ability to control international oil prices in a short period of time, right? β
Fu Yulong smiled and sighed, "Mr. Lu, you are still so keen. β
He sincerely admired Lu Jing. Throughout Hyundai's acquisition process, the only two companies that benefited were Hehua and Samsung. Lu Jing's ability is not much different from Samsung's soul Lee Kun-hee.
Lu Jing smiled and said, "Competing with Goldman Sachs and Mitsui has always been harmful to Hehua's team. I made a plan to lose $1 billion. Above that, I close the position. β
Fu Yulong suddenly smiled and said, "Mr. Lu, that's my speech." β
Lu Jing smiled and exchanged views with Fu Yulong on international oil prices for a while. As soon as she put down her phone, Song Yuqi walked from the living room to the garden. Looking at Lu Jing's upright and quiet back in the sunset, Song Yuqi's heart was full of tenderness, walked behind Lu Jing, gently hugged Lu Jing, and said softly:
"Lu Jing, Sister Xinlan called to say that Temasek's executive director, Vice President Xu Yangcheng, wants to visit you in the hotel in the evening."
Lu Jing held Song Yuqi's hands on his lower abdomen, and asked with some surprise, "What does Xu Yangcheng want to see me for?" (To be continued......)