186 Good news
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As one of the top commercial houses on Wall Street, Robles is fully capable of eating this $100 million in shares, and it can sell Chevron oil shares to countless American investors without the participation of other large companies.
It's a little longer, but it's certainly more profitable than selling to "big wholesalers" like JPMorgan & Co.
As a stock issuer, Robles Securities received a 97% discount from Chevron Oil, which was a $3 million profit as soon as it changed hands.
In fact, Robles Securities sold Chevron Oil shares to others for more than $100 per share, making far more profits than $3 million.
Robles's tight appearance fell on Situ Nan's eyes without leaking, he smiled and shook his head, and said in his heart: "This kid has been waiting for his oil company to go public, and he is reluctant to give a piece of the pie to others." β
But then again, the potential of Chevron Oil Company is there, the stock price must be more than $120 per share, and Morgan Firm can also be said to have eaten ready-made, and the role is similar to that of Robles, just buy shares from others and sell them to others. It relies on abundant funds and strong issuance capabilities.
It was not only JPMorgan & Co. that wholesaled shares from Robles, but also Moody's-Fitch.
Moody's-Fitch is a credit assessment company, and indirectly it is also buying and selling stocks and bonds.
Holding the Moody's-Fitch assessment report and patting it, Situ Nan was a little proud: "It's really face-giving!" Chevron Oil's credit rating is all A, which is great! β
Nonsense, can you say bad things about your own company?
Robles gave Situ Nan a blank look.
Not only Chevron Oil Company, but also South China Railway Bonds were issued in the United States very smoothly, in addition to Robles's strong issuance ability, which packaged the South China Railway plan beautifully and attractively, it was also inseparable from the cooperation of Moody's-Fitch Company to give a full A credit rating.
Appraisal by the appraisal company. Whether it's Chevron oil or South China's railroad bonds, investors have a guarantee in their hearts: they are superstitious about authoritative judgment.
"By the way, last year, the sales of the railway bonds in Nanhua were good, and the funds for the railway project around Java Island have been secured. If Nanhua is interested. Robles & Co. can underwrite other construction bonds. β
Robesty said.
"Not a bad idea." Situ Nan nodded, intending to reflect this problem to Nanhua, it would be best to borrow money from the Americans, although most of the funds flowed into the pockets of American companies, but it was worth it to exchange for the materials and equipment needed by Nanhua.
I'm afraid that I'm going to be blocked everywhere, and I'm going to be self-reliant if I do something big.
The South China market is almost open to American companies (mostly William's consortium) and has good trade relations with the United States. In addition, the domestic situation is stable and suitable for investment, so it is easier for Nanhua to invest from the international market.
It would not have been possible if it had been the USSR, they were being blocked by the whole world. Japan's reputation is also not very good, because of the lack of resources, the economy has been sluggish in recent years, and it is not easy to get international funds to rebuild Tokyo.
"It's better to be like Germany now and the Soviet Union in World War II, with a lot of American aid. If you turn your face, you don't have to pay back a penny.
On the contrary, the British were more miserable, and in the end they almost even had their underwear exploited by American profiteers. It would be better for South China to obtain long-term borrowings from the United States, and the longer the better. As soon as World War II came, the Americans needed Nanhua to resist the fact that they would go south, and naturally they would not have to pay back the money at that time. β
Inspired by Robles, Situ Nan thought too much at once, and did not have the consciousness of being a Yankee at all. In fact, didn't part of the money that the United States lent to Nanhua come out of his pocket? βοΌ?????
"How's the company doing?" Situ Nan called Los Angeles.
"δΈqiΔ is very smooth. I also know what happened in New York, and we have very good shares. Gedas's excited voice came over the phone.
For those shareholders who have not received a bonus at Occidental Petroleum for a long time, it is too wise to choose Chevron shares.
As soon as the company is listed, they can get a return that is dozens of times the original investment, and there is no complaining all of a sudden.
"Let's not talk about the stock market, remember when I heard from you about the rotten land of the original Chevron Oil Company?" Situ Nan asked.
"Of course! I'm having a headache about it. Gedas said. Chevron thought it had opened up a productive field. As a result, I didn't expect that after only a while, the production dropped sharply, and the storage capacity was far less than previously expected.
"Listen! The expert's prediction is no problem, just a little difference. I've had someone re-explore, and the location is right, and the reserves are right. It's just that the predicted field should be a few hundred meters underground. β
"Really?" The voice on the other end of the phone was a little high-pitched, and Situ Nan could almost hear the sound of rapid breathing coming from the microphone.
"You organize your men right now, and drill down at least 500 meters, no, a kilometer!"
Situ Nan affirmed.
Later, he did find someone to check the information and felt that there was a play.
Petroleum exploration is like a gamble, win a million profits, lose and go bankrupt, only those powerful oil companies dare to throw money into it, a large area of exploration, a large number of exploration wells, deep drilling, the average individual businessman if a few drills into the probe still does not work, immediately give up decisively.
Because it was not clear about the situation of that oil field, the original Chevron Oil Company was not only acquired by Occidental Petroleum Company, but when it was reorganized, its assets were greatly reduced, which made Situ Nan cheaper.
"Oh-" Gedas seemed to have some doubts, after all, this was a new adventure. He remembered that Situ Nan had mentioned the matter, but his tone at that time was not very sure.
"Gotta find out the oil, it's going to make our stock price skyrocket!" Situ Nan said undoubtedly, put down the phone and smiled slightly.
In recent years, oil exploration technology has developed rapidly, and the Pratt real yΓ n room of Occidental Petroleum Company is one of the best.
With leading-edge technology and Situ Nan's inspiration, Occidental Petroleum is almost invincible. Even Situ Nan sighed more than once, I don't know if God is too good to him, or if this golden finger is too easy.
The exploration and exploitation technology of the 20s did not reach the level of a hundred years later, so in many cases, it is clear that according to geological reports, there is a lot of oil in a certain place, but it just can't be hit. In fact, because they didn't hold out or couldn't afford to drill down another 10 or 100 meters.
As the world's largest oil producer, Occidental Petroleum is a technology leader in oil extraction, and its controlled Halliburton Oilfield Services Company has the world's most advanced cementing and drilling technology, and the famous Hughes drill bit is also the best drilling equipment they produce.
Situ Nan knew that these people would not let him down. He was so confident that he privately said that if the mining was successful, he would go through a million-dollar research project β offshore exploration and offshore drilling platforms.
"Young master, will there be oil under the sea?" He Xiangu was a little skeptical. Pumping oil out of the sea seemed unimaginable to her.
"Compared to a well, which is 1,000 or hundreds of meters deep, the sea surface is just a thin layer of water on top of a thick crust. There is actually more oil on the bottom of the sea than on land, and sooner or later we will go somewhere. β
Situ Nan explained with a smile.
After Christmas, the Chinese New Year is also approaching. Situ Nan: When they came to the South China Consulate in New York. The bright red Spring Festival couplets have been posted at the door, and my heart is warm.
"It looks like we're going to have a holiday here this year, and Los Angeles won't be able to go back for a while." Situ Nan lamented, thinking of Wu Manli and their son who were far away in Nanhua.
"Where the young master goes, I will go too, I will accompany you." He Xiangu looked at Situ Nan with a sincere face, and her eyes were filled with a trace of mist, which was very emotional.
"Hmm. I'll take you in and eat! Situ Nan smiled with relief. Nodding He Xiangu's frozen red nose, they both walked into the South China Consulate.
Situ Nan's arrival surprised Ambassador to the United States Mu Xianming, but he did not expect Situ Nan to come to the mansion on Chinese New Year's Eve.
"I still want to visit you at the Mandarin Oriental Hotel." Mu Xianming warmly held Situ Nan's hand and smiled.
"Just came out of the company. When I was hungry, I came over to eat. Situ Nan smiled funny, and to his surprise, there were also Shi Zhaoji, the ambassador of the Republic of China to the United States, and his family in the dinner, which was so lively.
Not long after the meal, after a pleasantry and an appointment to visit, Shi Zhaoji and his party left.
Situ Nan didn't want to return to the hotel too early, although he knew that there was also a lively celebration in the New York branch of Meihua Company in the evening, so he stayed. There are some things to communicate with Mu Xianming.
"That's good." Watching Shi Zhaoji's car leave, Situ Nan smiled.
"Hmm. China is one and should be friendly with each other. Mr. Shi is a veteran diplomat and has learned a lot from him. Mu Xianming said with a smile.
In the past two years, the South China consul in the United States and the Republic of China in the United States have cooperated happily in overseas Chinese affairs. He and Shi Zhaoji can also talk. The friendship has been taken over since Gu Weijun was in the United States, and now that Gu Weijun is the foreign minister, the two sides must have a lot of common language.
"Today, there is mainly good news to tell you, the South China Railway bonds issued by Robles Company are very smooth, Wall Street investors are more optimistic about the potential of South China, and the company will make persistent efforts." Situ Nan said with a smile.
"Great! I'll send the message back. Mu Xianming rubbed his hands happily and said that he was about to draft a telegram.
"Wait a minute." Situ Nan dissuaded, smiled faintly, and asked again, "Have you heard of the Dawes plan?" β
"What?" Mu Xianming looked at Situ Nan with some confusion, he hadn't heard of any Daos plan yet.
"The Dawes Plan is a strategic plan for Wall Street to support the German economy, which will provide hundreds of millions of dollars to German industry and commerce every year, stabilize the German economy, give the Germans the ability to pay reparations, and also prevent Germany from being red."
Situ Nan briefly introduced the Dawes Project, which also included his participation.
"What does this have to do with us?" Mu Xianming couldn't figure it out.
"It really doesn't matter much. However, in addition to business cooperation between companies, South China can also try to obtain economic assistance from the United States. It's up to you to fight for what to do, I'm just reminding you. In short, attracting investment is the key, and Nanhua should welcome anyone to invest except the Japanese. β
South Szeto Road.
Wall Street capital is rich, Americans can afford to invest all over the world, even in the USSR that they hate, and American capitalists are willing to try to invest in the USSR.
Typical example is the Ford Motor Company's investment in tractor factories in the Soviet Union, and it is well known that Ford was stubbornly opposed to the Soviet Union, but did not hesitate to throw itself into the arms of the Soviet Union under the stimulus of profits.
"Okay. I understand. Mu Xianming nodded.
Xindao: The big boss is really not satisfied, except for the William Consortium. He also wants more U.S. capital to invest in South China. In fact, under the example of several major companies of the William Consortium, more and more American companies began to set up factories and invest in South China, and gradually formed a scale effect.
Not only the American capital, although the South China transportation is becoming more and more perfect. British capital, which has always been keen on capital exports, and French banks, which like usury, have also begun to target the fertile land of South China.
Although South China was backward in transportation and the railway plan was being built, the decision made those foreign capitalists reluctant to enter South China ahead of schedule.
In this regard, Mu Xianming put in a lot of effort and achieved outstanding results, which made Situ Nan very satisfied, and praised him when he left.
It's still quite cold in New York. After drinking some wine, Situ Nan fell asleep not long after returning to the hotel.
In the middle of the night, a warm mass got into the quilt and curled up in Situ Nan's arms, and when he opened his eyes, it turned out to be He Xiangu.
The bedside light was yellow, reflecting on He Xiangu's delicate face, with a shy but firm expression. The fresh fragrance fills the air, like a delicate flower blooming.
Situ Nan stretched out his hand and touched it, but there was not a single strand in it. A crystal white body was completely naked in front of him, and he was stunned for a while.
The funny thing is that this girl closed her eyes, held her breath, and greeted her, as if she was going to push Situ Nan??????
The water comes naturally, and it is very logical.
He Xiangu ate the marrow and knew the taste, sticking to Situ Nan's body, he couldn't wait for a moment without separation, Situ Nan waited for news from California. There are other important things to run, so I stuck in the hotel for several days.
It really fulfills the sentence: **Like a flood that bursts a levy, once released, it will swallow up a qiΔ.
One night, when Situ Nan was sweating profusely and falling asleep, this sentence suddenly popped into his mind. It's a pity it didn't take a while. The phone woke him up.
"Who? Something? Situ Nan yelled impatiently into the phone, and his heart was furious.
"Boss! You're right, we really got oil! A large oil field of at least 100 million tons, it will be difficult not to make a fortune this time??????"
The voice on the phone was very excited, chattering, noisy, Situ Nan thought subconsciously.
"Got it! That's it. With a snap, he put down the phone, and before he was fully awake, he fell asleep again.
"Who?" He Xiangu was also woken up, turned over, and lay on Situ Nan's body, her eyes couldn't be opened, and her perfect back curve could be covered.
"I don't know!" Situ Nan didn't pay much attention to it, he just thought that it was enough to be a good thing, and fell asleep again in a daze.
The next day, at three o'clock in the morning, Situ Nan was woken up by the phone again, but at this time he was more energetic.
"Old man, Chevron Oil's stock price has exploded, you have time to come and take a look!"
Robles seemed to be busy, and hung up without waiting for Situ Nan to answer.
When Situ Nan and the others came to the stock exchange, there was a boiling inside, and it turned out that yesterday Chevron Oil Company drilled a high-blowout well in the abandoned oil field that was about to be abandoned, with a daily output of 70,000 barrels.
Chevron Oil released news early in the morning confirming that they had successfully explored a large oil field!
When the news reached New York, Chevron oil stocks rose all the way, and by the time the market closed, the stock price had risen from 136 points to 160 points, an increase of more than 24 points, shocking Wall Street, and investors who owned Chevron Oil Company were even more boiling.
Chevron Oil's strong performance also led to a rally in oil stocks, with major financial institutions buying oil stocks.
And Chevron Oil's stock is even harder to find! Morgan & Co. had to raise the purchase price to $130 per share, but Robles just didn't let go, holding on to the appetite of other stock companies.
"I really didn't expect this news to be so wonderful! You know? When Gedas called me, I was so excited that I didn't sleep all night. With such good news, we don't have to worry about the stocks in our hands and no one wants them. β
As soon as he saw Robles pulling Situ Nan to chatter, watching him dance with his hands, Situ Nan smiled, and he finally remembered that the call last night was from Gedas.
"Okay, the most exciting moment has passed, you go back and have a good rest!" Looking at the dark circles on Robles's face, Situ Nan said with concern, he slept comfortably last night.
"Nope! I don't want that wonderful taste to fade too soon, you know? Chevron Oil has now surpassed Indiana Standard Oil in terms of market capitalization, behind Exxon, Shell and Mobil. β
Robles took a sip of his glass, and relaxed a little. Throughout the day, watching Chevron Oil's stock price soar, he felt like he was sitting in the clouds β he hadn't been so excited in a long time.
In the following month, the trading volume of Chevron oil stock continued to expand, and Robles Securities released 10,000 shares of Occidental Petroleum, all of which were priced above $160 per share.
Chevron oil stock is completely out of stock.
At the same time, negotiations between Robles & Co. and Morgan & Co. and other stockholders were also nearing completion, and after bargaining, Morgan & Co. and other stockmakers had to accept Robles' offer under Chevron's strong table.
Robles & Co. sold 500,000 shares of Occidental Petroleum to financial institutions such as Morgan & Co., Chase Manhattan and Citibank for $150 per share.
It was the largest deal of the year, involving a whopping $75 million, and the news spread that Wall Street was in an uproar, especially those small and medium-sized companies looked at the big spending.
The 500,000 shares, which accounted for 15% of Chevron's total share capital, were "dumped" in this way, in exchange for more than $70 million, far exceeding expectations.
"The stock market has a crazy charm. The qiΔ here all exudes alluring magic. Situ Nan looked at Robles with a sigh.
But I was thinking in my heart: this is a double-edged sword, and the damage that the leverage of the stock market may bring will be magnified many times. Still, these are far away.
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