Chapter 426 Holding of Jinbai Oil and Gas Company

Shareholders and executives of Kimbay Oil & Gas were shocked when they read the short selling reports of Star Investment and Berkshire.

Why?

Because Xingchen Investment's short-selling report actually listed in detail that the company's shareholders and senior management secretly embezzled part of the profits by concealing income.

Other companies' financial fraud is to inflate revenue and profits, and Jinbai Petroleum Company's financial fraud is to conceal a part of the profits, which is the difference between the local tyrant company and other companies.

If the revenue and profit are truthfully announced, the money earned will have to be shared with all shareholders.

But if you can conceal a part, then this part can be divided among a few.

A large company with a revenue of trillions of meters of gold and a net profit of hundreds of billions of meters of gold can hide it casually, and the actual amount is quite scary.

For example, according to the reality of Xingchen Investment's short-selling report, the company concealed about 36 billion meters of revenue last year, and this part of the money was divided by more than 20 members of the royal family, including Hillman, an old man who forced Maya to marry.

Corruption exists everywhere, and people are not shocked by the money, they are shocked by the intelligence capabilities invested by Xingchen.

Who would have thought that an investment firm's ability to obtain intelligence would be even greater than that of a national intelligence agency?

This horseback is a bit unscientific.

If you only rely on the researchers of Xingchen Investment, it is of course impossible to get these accurate data.

However, the intelligence department of Xingchen Defense has such a ability, and they find out the data through network intrusion and other methods and hand it over to Xingchen Investment, and then the researchers of Xingchen Investment will sort out the data and make a short report.

It can be said that all over the world, except for the government departments of some powerful countries, only Yang Chen can do this when it comes to personal ability.

Researchers like Warren Buffett and Berkshire can only analyze data based on public data, but they can't find specific data and names of people embezzled by Kimbay Oil & Gas.

Faced with such an accurate short-selling report, the shareholders of Kimbay Oil & Gas couldn't sit still.

The investment institutions and retail investors who were originally ready to resist with the royal family members lost confidence at this time, and hurriedly rushed to sell their stock orders.

Once investors across the market are bearish, it's really a bit of a weakness.

Unless the members of the royal family can mobilize nearly a trillion meters of gold in a short period of time, the price can be completely dragged down.

Although they are indeed rich, they will definitely not be able to quickly mobilize such a large scale of cash, even powerful countries like the Dragon Kingdom and the United States cannot mobilize so much cash in a short period of time.

By the end of the day, the share price of Jinbai Oil and Gas Company had plummeted by 50%.

Originally, this was a good opportunity for the royal family to buy the bottom and increase their holdings, but they didn't have the heart to do this now.

At this time, they are arguing at the shareholders' meeting.

Those shareholders and executives who are not corrupt demand that those shareholders and executives who are corrupt spit out all the money they have embezzled over the years, and with this money, they can buy the bottom and increase their holdings.

But if you have swallowed the meat in your stomach, how can you spit it out again?

Those corrupt shareholders and senior executives lied and said that they had no money, and they would return it when they had it.

What about this horse-riding child?

How could the other shareholders possibly agree?

The two sides quarreled more and more intensely, and finally they started fighting.

After this fight, institutional investors have applied to the local securities regulatory commission to freeze the accounts of all shareholders and executives suspected of corruption, and then return money from these frozen accounts after the investigation is clear.

This matter is so big, of course the local securities regulatory commission and the police must take action.

Don't say whether you want to return the money or not, at least you have to make an appearance, otherwise it will affect the goodwill of Jinbai and even the entire Arab Emirates.

And what Yang Chen is waiting for is that these people's accounts are frozen, and they can only watch Yang Chen and Buffett take the bottom.

At this time, it was eleven o'clock in the evening on the side of the Dragon Kingdom.

Poor Lanheed was sued by the bar because he had no money to pay, and the relevant departments withheld the documents of Lanheed and others, and did not allow them to leave the Dragon Kingdom at will.

Jinbai's side became a mess again, and all the family's accounts were frozen, and Lanheed could only find a way to transfer money from a Swiss bank to pay the bill.

Originally, he wanted the embassy to help pay the bill, but the embassy didn't have so much cash available.

And Maya didn't care about him, so he had to rely on himself.

The bar manager had already reminded him that if he didn't pay after 12 noon, he would add 1 million late fees for every hour of overtime.

He can not give it, but he must be prepared to deal with the mercenary assassination of the Star Defense Group.

Therefore, Lanheed is very anxious now, and has been urging the Swiss bank to hurry up, and if he delays for an additional hour, he will pay another million.

Early the next morning, news came from Maozi's side again.

"Maozi and the three countries have reached a strategic cooperation agreement, and the three countries will buy no less than 100 million barrels of crude oil from Maozi in batches, and the price of each barrel including freight is between 30-35 meters of gold."

As soon as this news came out, it immediately detonated the entire crude oil market.

Yesterday they also said that Mao Zi flipped the table, but today they did even better, directly smashed the pot, and everyone stopped eating.

More than 20 years ago, it was hard to buy at this price.

What exactly does Maozi mean?

Who made the decision, why did they sell so cheaply?

A closer look at the news will reveal the clues.

The oil exported by Maozi is called Ural oil, which is of very poor quality and cannot be directly used in industrial production, and must go through a purification process to obtain usable oil.

For example, Longguo imports light oil, which is a little more expensive, but the quality is very high, and it can be used to directly process various oil products.

But these are people in the industry, or people who have seen more, can understand, ordinary people don't understand the difference between crude oil, oil, gasoline or whatever.

They feel that Maozi has pushed the oil price to 30-35 meters a barrel, and the international oil price is definitely going to collapse.

Therefore, those ordinary retail investors did not hesitate to place orders and sell their goods, and quickly cleared their positions and left the market.

Yang Chen and Warren Buffett agreed that they would wait for retail investors to panic sell and suppress the price at the opening of today, and when the price came to around 3 meters of gold, the two sides would immediately enter the market.

Yang Chen stud this time, and all the funds he and Xingchen invested overseas have been mobilized, with a total of about 500 billion meters of gold.

But Centron Investment also shorted the futures market and more than 30 oil companies, and they had to leave half of the funds for later purchases to close their positions.

Therefore, they only have 250 billion meters of gold available, but they have added 2-3 times leverage to various banks and brokerages to raise about 600 billion meters of available funds.

Warren Buffett also urgently raised 150 billion meters of gold, as long as the two cooperate well, this money is enough to control Jinbai Oil and Gas Company after the crash.

The stock market opens.

Not surprisingly, the entire oil sector plummeted.

Because of yesterday's fight, many royal family members and shareholders who did not get a share of the embezzled money also began to sell their shares.

Once they sell too much of the equity in their hands, it will directly cause the royal family to lose control of the company.

Thanks to the "efforts" of the vast majority of investors, it took only three minutes for the share price of Jinbai Oil and Gas Company to fall below 3 meters of gold.

Yang Chen and Buffett began to secretly eat food in batches according to the plan.

When the stock price fell to 2.5 meters of gold, it stopped, and then Yang Chen and Buffett's funds began to enter the food market in large numbers, and directly ate all the stocks they were selling before the investors who took the sell orders reacted.

I saw that the share price of Jinbai Oil and Gas Company rose in a straight line, from the lowest point of 2.5 meters of gold to 6 meters of gold in one breath.

The whole process takes less than three minutes, and the speed of eating is quite fast, and many investors want to withdraw their sell orders when they see the stock price rebounding.

At this time, Buffett's 150 billion meters of gold have been exhausted, and Yang Chen's 600 billion meters of gold have been used up 500 billion.

Originally, he was going to the holdings, and Yang Chen didn't keep the remaining 100 billion meters of gold, and ordered Jin Ming to buy all of them.

When the dust settles on the ending, the royal family members and shareholders of Kimbay Petroleum Company realize that something is wrong.

But at this time, there are not many sell orders in the market, and the stock price is floating up and down at the 7.5m gold position.

Even if the royal family now has enough money, they won't be able to buy many shares.

Star Investments and Berkshire began to count the results.

Xingchen Investment spent 600 billion meters of gold and won a total of 55% of the equity of Jinbai Oil and Gas Company.

Berkshire spent 150 billion meters of gold and won about 10% of the shares of Jinbai Oil and Gas Company for a total price.

Obviously, even if you don't want the part held by Buffett, Yang Chen's Xingchen Investment has been able to control Jinbai Oil and Gas Company.

However, Yang Chen is a trustworthy person, and he said that he would buy the equity held by Buffett at a premium of 20% after the capital turnover in the future, and he will definitely do what he says.

Without Warren Buffett's help this time, Yang Chen would not have been able to suppress the stock price of Jinbai Oil and Gas Company so thoroughly.

After all, the title of the god of stocks is there, and his name is indeed more effective than Yang Chen's name.

But!

That was before.

From now on, Star Investment will surpass Warren Buffett and Berkshire to become the world's most famous investment firm.

Shorting and controlling Jinbai Oil and Gas Company will definitely become a battle for the name of Xingchen Investment to ascend the throne and become the king.

At this time, Jin Ming was still nervously directing the trader to buy the operation.

Because Centron Investments shorted crude oil futures and major oil company stocks globally before the official collapse of oil prices.

Now you need to buy futures and stocks at a low price to close short positions, and this operation to harvest the global oil market is complete.

Because of the time difference, it took two days to close the position, with a total profit of 150 billion meters of gold, and the yield was as high as 60%.

After this part of the funds was recovered, Yang Chen immediately offered to buy the shares of Jinbai Oil and Gas Company held by Berkshire with Buffett.

But!

Buffett actually refused.

Why?

Because Buffett originally felt that Yang Chen's funds would not be too much, at most about 200 billion meters of gold.

The proportion of equity that Yang Chen can buy with this money is about 20%.

Berkshire's 150 billion meters of gold should be between 10% and 15% of the shares.

In this case, even if Berkshire sells all the money to Yang Chen, Yang Chen's total shareholding ratio is not enough to control Jinbai Oil and Gas Company.

As long as Yang Chen can't control Jinbai Oil and Gas Company, the money he invested may be wasted at any time.

Why?

Because the shareholders of the Jinbai royal family can dilute Yang Chen's shareholding by issuing additional shares, Yang Chen eventually invested a huge amount of money but failed to achieve the purpose of controlling Jinbai Oil and Gas Company, and could only act as a financial investor and wait for dividends.

But now the situation is different, beyond Buffett's imagination.

Yang Chen already holds 55% of the shares, and no one can influence him.

If Buffett sells Berkshire's 10% stake to Yang Chen, and Yang Chen spends some money to buy about 2% of the stake, he will achieve absolute control of Jinbai Oil and Gas Company.

Once Yang Chen absolutely controls Jinbai Oil and Gas Company, it will not only be a simple issue of investment returns, but a matter related to oil strategy, and even international relations and patterns.

Yang Chen just wants to let Jinbai Oil and Gas Company sell cheap oil and gas to Longguo, and then make money by selling it to other countries at a high price to subsidize the part that makes less money or even loses money on the side of Longguo, so won't it become the people of other countries to support the people of Longguo?

How can this work?

This must not be allowed to happen.

Therefore, Buffett rejected Yang Chen's request to acquire the 10% stake, and said that he would not sell it for any amount of money.

However, after this battle, Buffett completely obeyed Yang Chen.

Therefore, he specially asked Yang Chen to come out to meet and explain.

"There are some things that I can't say clearly, but I believe Mr. Yang should be able to understand my feelings. If I sell this part of the equity to you, I will be investigated when I go back. I'm sorry I broke my promise, and I sincerely apologize to Mr. Yang. Buffett said embarrassedly.

To be honest, Yang Chen didn't expect that he would be able to acquire so many shares at first.

Now that Buffett's 10% stake is needed to absolutely control Jinbai Oil and Gas Company, Yang Chen certainly doesn't want to miss such a once-in-a-lifetime opportunity.

"I can probably understand what Mr. Buffett means. Still, I hope Mr. Buffett will sell me that 10%. The price is negotiable, how about a 50% premium? Yang Chen asked.

Warren Buffett: "Mr. Yang, it's not about money. To tell you the truth, I have received an order from our national level to keep this 10% equity, and I must not let you get it. So, I can't really sell it to you. Don't say a premium of 50%, you are a premium of 5 times, I can't even sell it to you. There are many strategic things that cannot be bought with money. However, I really admired Mr. Yang's methods, and this battle greatly exceeded my expectations. Truth be told, if I had anticipated this situation, I would never have been able to help you. You are terrible, and I think that in the near future, you will definitely become the man who conquers the whole world. ”

Yang Chen: "Mr. Buffett, don't paralyze me. Or let's get down to business, can't we really think about it again? ”

Buffett shook his head and said, "I really can't think about it anymore, I hope Mr. Yang can understand more." ”

Yang Chen: "Okay! Then I'll harvest you. ”

Buffett was stunned, and after a few seconds, he laughed and said, "Mr. Yang, don't scare me." You must be kidding me, right? ”

Reaping Warren Buffett?

Is this an idea that earthlings dare to have?

But if you eat a peanut while drinking, you can't get drunk like this.

Warren Buffett's laugh is a confident laugh and a contemptuous laugh.

Unless the government of the United States does it, no one can harvest Buffett.

Yang Chen smiled slightly, like a smiling assassin, and said, "Mr. Buffett looks at me like he's joking with you?" I've given Mr. Buffett face again and again, but you seem to take this for granted. I have good things to think about you, you think you can't do it, I don't force you, you want to do it later, I don't gossip and accept you. The two of us agreed in advance to operate together, and when my funds turned over, we would buy the part of the equity you bought at a premium of 20%. Now that you're telling me all this nonsense and breaking the contract, do you think I'm going to joke with you? ”

The smile on Buffett's face gradually disappeared, he saw Yang Chen's seriousness, and also felt Yang Chen's displeasure, and he also believed that Yang Chen would dare to do what he said.

It's just that he really can't think of how Yang Chen can harvest him.

Warren Buffett: "I can see that Mr. Yang is very serious, so can I ask you how you are going to do it?" ”

Yang Chen: "Can I tell you this in advance?" Okay, that's all for today. I've already had a showdown with you, so it's up to us to see who has the better side of us. Bye-bye, I'll go first. I won't send you tomorrow, I wish you a safe journey. ”

Looking at the back of Yang Chen's departure, Buffett secretly had an ominous premonition in his heart.

I have to hurry back to China tomorrow and gather a team to study my own flaws.

As long as there are no flaws in himself, Yang Chen can't harvest it if he wants to.

Centron Investment and Berkshire teamed up to short Jinbai, a natural gas company that shook the global capital market.

Shorting has been frowned upon since ancient times.

When Soros shorted Southeast Asia, his reputation was not good, and he has always been called a financial robber.

For example, a while ago, Muddy Waters Company shorted Luckin Coffee, and it was also abused.

However, shorting in the capital market is also a form of investment, and as long as it can be successful, it will still be praised by insiders.

As for the discussion and abuse of ordinary people, what is it compared to real money?

Therefore, as long as there is an opportunity to short, those institutions will not be relentless.

At this time, the capital market of the Dragon Kingdom was also jubilant.

After all, there is an investment company in the Dragon Country that can stir up the world's capital.

In the past, the Dragon Kingdom was only harvested by foreign capital, but now the Dragon Kingdom finally has a company that can harvest foreign wealth, and the people of the Dragon Kingdom are of course happy.

No, "Xingchen Investment shorted Jinbai Oil and Gas Company", "Xingchen Investment joined hands with Warren Buffett", "Xingchen Investment Holding Jinbai Oil and Gas Company" and other related topics rushed to the hot search list of major platforms.

The capital circle and ordinary netizens rushed to leave messages of blessings.

"Awesome! As an investor for 25 years, this is probably the best news I've ever heard in my life. We finally have a company in the Dragon Kingdom that can harvest foreign capital. This day will surely be recorded in the history of Dragon Capital, and this battle will surely become a classic case in the world investment community. ”

"Haha...... I followed Xingchen Investment to buy stocks and have already earned a house. I didn't expect them to be so powerful, and they were already able to join forces with Buffett to harvest foreigners. ”

"I want to know who the boss of Star Investment is? Why has it been only reporting on CEO Jin Ming, but never seen any news report on the boss behind it? How awesome can he be so fierce, and no matter how hard he is, he can't accurately describe his ability. Anyway, as long as he makes a move, I don't hear of any failures. ”

"I want to ask Xingchen Investment Holding Jinbai Oil and Gas Company, does it mean that we can use cheap oil in the future? After all, Xingchen Investment is our company in Longguo, and they will definitely sell it to Longguo Petroleum cheaply. ”

"It's not that I'm hypocritical, when I saw the news report that Xingchen Investment won 55% of the shares of Jinbai Oil and Gas Company, I was really excited and cried. Until then, our company could only be harvested by foreign capital in the international market. Even our big A has been repeatedly harvested by foreign funds many times, especially the most ruthless harvest during the stock market crash in 15 years. I've been looking forward to the day when we can come up with a powerful investment company, and we can harvest foreign capital and make them pay a heavy price for their previous actions. I'm about to retire, and I finally waited for Star Investment before I retired. No matter who the boss is behind the scenes, I have to say thank you to him. Even if I die right now, I have no regrets. ”

(End of chapter)