Chapter 579: This Time It's a Big Loss

January 12, 2015.

Monday.

Lin Feng finally became free.

Yun Luan, Liu Zangyun and Jiang Xiaofei have been going to Xiaori for more than half a month.

First, a small Japanese subsidiary was registered and established, called Fengyu Zhushi Company.

After the establishment of the company, it then wholly acquired a small day enterprise called Mingyang Metal.

This company has been established for decades, and it is relatively profitable at the beginning.

But later, with the aging of the machine and the reduction of production capacity, it was slaughtered several times by the rice people in the futures market.

It has been in the red for several years.

Because of consecutive losses, the company was delisted a year ago.

Profitability is not good, coupled with the fact that you owe a lot of money to the bank, and you are on the verge of bankruptcy at any time.

The shareholders of the board of directors have changed several times, and later everyone understands that the golden rooster that used to lay eggs has now become a gold-swallowing beast.

The more you invest, the more you lose.

After Yunluan established Fengyu Club, he first fell in love with this company.

The two sides hit it off.

Yunluan won all the shares of Mingyang Metal for a price of two billion US dollars.

After Lin Feng received the document from Yun Luan, he looked at it carefully.

The company's acquisition and debt repayment cost nearly $3 billion, which is obviously not worth the premium acquisition.

If you want this company to come back to life, you have to invest at least another two billion dollars.

It is also necessary to carry out a major change in the management of the company.

The disadvantages of Mingyang Metal are: First, the machine is old and the production cost is too high.

Second, the wages of employees are too high and the management is chaotic.

You must know that in the workplace of small days, the phenomenon of seniority is very serious.

In addition, the company hired too few people overseas, and it was resisted by others.

If you open a mine on someone else's site, but you don't use someone else's side, people must have an opinion.

Lin Feng understood very well that this was actually a colonial way of small days.

Looking at the minerals owned by Mingyang Metal now, there are more than 30 places all over the world.

There are gold, copper, silver, nickel mines......

Most of them are precious metals, and the production is not low.

Invest another billion dollars in it, straighten out management, and within two years, you will be completely profitable.

There is no problem in recovering the cost within five years.

At this time, the young people hired by the company have been flying all over the world and parachuting into the general manager of the local branch.

At the same time, a large number of new machines were purchased, and more local workers were hired, and only a part of the employees with excellent technical skills were retained.

Because there are too many employees who are dismissed, there are already people making trouble.

Lin Feng is not here to do charity, these small days to support the elderly.

Fengyu Zhu's club is just a springboard built by Lin Feng on the side of Xiao Ri.

It is convenient to plan for the next step.

Compared with the Han Kingdom, the chaebols of Xiaori are as powerful, and they also control Guo Jia's economic lifeline.

Because of the existence of the chaebol, it is more convenient for the people of the United States to manage, which is the same as during World War II, when Xiaori supported various puppet forces.

Lin Feng was sitting in the courtyard thinking.

Suddenly, the phone rang.

It was Zhao Xiaoyang who called and told Lin Feng that he was detained again.

The reason is that Yoshiyoshi Aso asked them to put pressure on the death officer.

I want to take this simple fight incident to another level.

also blames Zhao Xiaoyang for his bad luck.

When I took my two girlfriends Wang Yu and Yu Yanni to go shopping together, I happened to meet Yoshiyoshi Aso who came out of the mall. ŴŴŴ.BIQUGE.biz

At that time, he almost made Yoshiyoshi Aso so angry that he vomited blood.

His son is still lying in the hospital, and the murderer who almost killed his son is so free!

"How did Wang Yu and Yu Yanni get together?"

After listening to Zhao Xiaoyang's story, Lin Feng asked curiously.

Wang Yu is not a generous woman.

Zhao Xiaoyang was stunned for a moment, this is off-topic, right?

It took a few seconds to react, "I don't know much about this, I only know that Wang Yu found Yu Yanni first, and then the relationship between the two is as good as sisters."

We, we had a great time together......"

Before Zhao Xiaoyang finished speaking, Lin Feng interrupted him, "You don't need to tell me this in detail, but I want to remind you that Wang Yu has some means, don't be tricked by her." ”

"I know, brother."

"Don't worry! Yoshiyoshi Aso soon couldn't get up. ”

……

Yoshiyoshi Aso is indeed about to jump up.

Because the company's gold futures will face huge losses.

The gold futures market in London, with $20 trillion traded every day, is difficult to manage.

But the New York futures in the United States are different.

And Yoshiyoshi Aso invests in New York futures.

There is Yang Huairi, an inner ghost, whether Aso Yoshiyoshi is short or short, when to get in, what is the price, and so on.

Lin Feng's side is clear at a glance.

Lin Feng smashed a large number of empty orders here, and at the current price, Aso's loss has reached one billion dollars.

And the price of gold futures is still falling.

During the contract period, most of the orders have been closed.

In the end, there is still Yoshiyoshi Aso, and a small number of bulls are still struggling to support.

There are three days left until the final delivery day.

Yoshiyoshi Aso finally knew who had hung up so many empty orders.

It turned out to be Mingyang Metal, which has the qualification of spot delivery!

This company was acquired by Lightspeed some time ago, and now it is Fengyu Zhushi Company.

After learning about Akeyo Metal's family background, Yoshiyoshi Aso smiled.

Because of the contracts in hand, including leverage, there are more than $12 billion in total.

He didn't believe that Fengyu Zhushi Company, which had acquired Mingyang Metal, would be able to come up with more than 300 tons of gold at one time.

If he can't get the spot on the delivery date, he has to pay him at least $1.5 billion in liquidated damages.

On the contrary, because he is long, the contract in his hand is higher than the market price.

If Fengyu can come up with spot delivery, of course Aso Yoshiyoshi can't come up with so much money.

However, regardless of whether the position is liquidated or defaulted, it will lose no less than $1.5 billion in liquidated damages.

Of course, this is only a contract in the hands of Yoshiyochi Aso.

If you count the list in the hands of other institutional investors, Fengyu Zhushi Club will have to come up with more spot gold.

It is estimated that not less than 500 tons.

It's only 500 tons!

For Lin Feng, it's no problem to multiply it 20 times.

Moreover, it is much more cost-effective to use futures to buy and sell gold than to sell it at market price.

You only have enough spot in your hand, and if you go short, you won't lose anything.

This is also the usual practice of many futures manufacturers in order to prevent product prices from falling sharply.

For example, precious metals, corn, soybeans...... Wait a minute.

Because the price of the physical object has plummeted, the money lost is earned back in the futures market.

If it rises sharply, the price of the physical object will rise, and the loss of the short order can be smoothed out.

Of course, if the appetite is too great, the short orders issued far exceed their spot inventory,

If you can't make up for it on the delivery date, you can only breach the contract and pay the liquidated damages.

When Aso Yoshiyoshi felt that he would not lose money this time and would make a lot of money, he suddenly received a phone call.

It was a call from a futures exchange.

The other party is ready to trade in spots, and asks Yoshiyoshi Aso to prepare the banknotes.

With more than 12 billion US dollars, even if Yoshiyoshi Aso turns himself into a golden man, he can't sell it for so much money.

Futures exchanges will not deceive Yoshiyochi Aso.

This proves that they are indeed able to mobilize so much gold.

Regardless of whether it is spot or close, it will lose $1.5 billion.

It's a big loss this time!

Pen fun pigeon