When Zheng Jianguo bought the oil contract, he spent 318 million US dollars to build a position at the price of 27 US dollars and 39 cents, holding a total of 116210295 barrels of oil contract, so when Charlie asked him to calculate the account, he could directly multiply the rising amount by 110 million.
The latest oil contract is 33 US dollars and 81 cents per barrel. After deducting 27 US dollars and 39 cents bought, there is a difference of 6 US dollars and 42 cents. If you multiply this figure by 110 million, you will get a result of 762 million.
Of course, this is the way Charlie asked Zheng Jianguo to roughly calculate his wealth. The real number should be multiplied by 116210295, so the result is 746.07 million. With the investment of 318 million US dollars, the overall scale is almost 1.064 billion.
This is a huge fund that can be called anywhere in the world. However, considering the scale of the oil company Zheng Jianguo covets, this money is more than enough to absorb 5% of the shares of either Ashland or Philip.
However, Charlie knew that Zheng Jianguo would not put greater interests, but gave up borrowing money in order to be stable, not to mention that he even thought about the collateral: "boss, when you borrow money, you can mortgage the shares you want to buy to the bank. Considering that most banks only give 70% of the market value of the collateral, So, boss, you take 1 billion worth of shares to mortgage 700 million, which is no problem.
However, there is a small hidden danger in this case. That is, people in the bank need to know your actions. However, I think when we acquire a scale of $1 billion, even if the oil company has not found it, these financial institutions should also analyze the trading volume of these two stocks -- "
"Will Wall Street financial institutions follow up?"
Zheng Jianguo was excited. If he was still thinking of going to the bank to borrow money, he didn't know how to borrow anything. Instead, he forgot the stocks he bought. If he thought about it, he quickly distributed his thoughts: "a $1 billion stock can be mortgaged and loaned $700 million, and a $700 million stock can be mortgaged and loaned $490 million, Then 490 million can borrow 343 million US dollars, so the second loan is 240 million, 168 million and 117 million?
Up to now, the total loan is 2.058 billion, which is almost 3 billion US dollars if you count your own 1 billion. With the support of such an order of magnitude, how can you restore the shares of the two oil companies to their original market value? However, for a loan of this scale, the interest alone is almost hundreds of millions of dollars -- "
After thinking about this idea, Zheng Jianguo couldn't help looking at Charlie: "Charlie, the loan interest of your bank is 19%?"
"Within six months, the short-term lending is 19%, and the long-term lending is about 24% -"
Charlie nodded and said that at the beginning of June 1980, the benchmark savings interest rate in the United States was as high as 17%, that is to say, if you find a bank to deposit money, you will only enjoy a discount higher than this figure: "the oil contract has risen by almost one fifth this year, so central banks all over the world have raised the benchmark interest rate, The Federal Reserve raised the interest rate from 11% last year to 17% - "
Zheng Jianguo suddenly realized that he didn't know how high prices affected the economy until he bought the oil contract. In addition, after making the decision to snipe the oil contract, he learned a lot of this knowledge and knew that controlling the scale of credit can curb the inflation caused by the rise of oil price - without money, you won't push up prices?
Seeing Zheng Jianguo silent, Charlie glanced at the nurses who came from time to time in the distance, and then said, "boss, considering my relationship in the bank, if I borrow money at this exchange rate, I can get a commission of 0.005%. If you mind --"
"As required, I can't let my own people take advantage of it and suffer losses. However, if you can trust me, I think you can take the money out and follow the operation. You can't eat the meat, but you can still have a soup -"
Zheng Jianguo shook his head. The reason why he used Charlie was that after making his own money, he ran to deliver the car to himself at the first time, and the gift was more than one-third of the Commission, which showed that his EQ was at least more than 70: "of course, if you can get money to eat meat, I don't mind --"
"Hehe, boss, that's what I think. I'm going to --"
Charlie never regarded Zheng Jianguo as a fool. At most, he had the idea of looking down upon him at that time. However, this idea also disappeared after the other party changed from a gold contract to an oil contract. He knew that his chance to become a multimillionaire would probably depend on Zheng Jianguo. Now he is sure to wait until: "I'm going to borrow some money and eat some meat with you behind your ass, Then I'll close all the oil contracts when I go to work this afternoon? "
"Close the position. After closing the position, absorb the shares of the two companies. It's better early than late."
Zheng Jianguo nodded before saying Kung Fu. Alfonso appeared in the distance, looked at Charlie curiously, and said, "Zheng, your game console has been developed now?"
"OK, I'll go first and contact you later -"
Charlie glanced at Alfonso and said. Zheng Jianguo nodded and watched the former leave. After turning around, he said, "I gave them suggestions. Should it be the project now? The development of game consoles is not as fast as you think. If you try your best to catch up with the work now, it would be good to have an engineering console by the end of the year -- "
"Well, I'll look forward to it."
Alfonso nodded, looked around, vaguely winked at him and said, "I'll come as soon as I go. If someone asks you, I'll go to the laboratory."
"No problem ~"
After waving his hand, Zheng Jianguo watched the man leave with a smile. He also looked at the watch on his wrist. In order to wait for Charlie to have a rest in the dressing room, Alfonso was lazy now, so he couldn't run around?
So Zheng Jianguo thought about it and went to the telephone at the service desk. After picking it up, he found out Augustus's number and dialed it. He didn't want to be answered with a few phone rings. He saw director Nathan appear at the door of the emergency room and waved to him: "Zheng, Alfonso, come and get down -"
"Click."
The detective put the phone back. Zheng Jianguo quickly went to the door of the emergency room. Nathan had found an emergency bed and pushed it out. At this time, he just saw Pliny appear from the dressing room, grabbed his young man and said, "Pliny, there's a patient here --"
Soon, as the patient pushed into the emergency room and Alfonso didn't come back, Zheng Jianguo was very busy. He didn't start until he went to the operating room with Pliny and Nathan. It was already 3:30 p.m.
In the TV hanging in front of the service desk, the male host was saying something: "just behind me, large trees and forests were pushed down one after another, and a layer of volcanic ash was falling on the ground, which can reach to the ankle. We can still feel a steaming heat standing here. It's really too hot -"
"Is that 100 degrees Fahrenheit?"
After watching Zheng Jianguo appear, Manion said that Zheng Jianguo just glanced at the TV and said, "I feel he has 105. I hope he won't stay there too long, otherwise he should call the rescue helicopter -"
"Zheng, I just saw the Republic boycott the Moscow Olympic Games?"
After appearing at the service desk, Alfonso looked at Zheng Jianguo and said something. The latter nodded and said, "for a researcher, I think it is inappropriate to politicize the Olympic movement, but considering that people have grown up eating the food and drinking the water of this land since they were born, they should also shoulder the responsibility for this land, For this reason, I think the Republic's boycott is correct, because the Soviet is invading Afghanistan -- "
"Zheng, you are a doctor. You shouldn't be involved in these things."
Alfonso glanced at Zheng Jianguo and shook his head. The latter smiled and did not speak. The Soviet war in Afghanistan was long over. To be exact, there was little suspense about the war between the two countries. Afghanistan captured the capital two days after the invasion, and also supported its cronies.
Only after the establishment of their cronies, the Soviet did not launch a war dominated by the agent of the cronies, but still personally ended up attacking the hostile forces. Therefore, at this time, the 100000 troops dispatched at the beginning of the war were still running around in the face of the ubiquitous guerrillas.
"Nine and a half more years --"
The idea flashed through his mind. Zheng Jianguo was not disgusted with Alfonso's kindness. Doctors generally have a high sense of empathy. In their eyes, there are only two kinds of people in the world, those who are not ill and those who have been ill, nationality and skin color are secondary factors. Of course, some normal people - bastards like Alfonso are not excluded.
The reason why Zheng Jianguo put the Soviet in mind is not because of the Soviet oil reserves. According to the published data, the total oil reserves of the discovered oil fields are about 57 billion barrels.
In terms of reserves ranking alone, the Soviet ranks seventh in the world after the oil countries in the Middle East and Venezuela, accounting for 5.7% of the world's proved reserves.
However, considering that the Soviets are used to concentrating on doing great things, their oil export volume in 1979 has become the second in the world, after Saudi Arabia and before Iran.
Iran has been sanctioned since the beginning of the year. This year's oil exports will certainly decline significantly. Needless to say, the original number of Saudi Arabia is twice that of the Soviet and the Soviet is twice that of Iran. The vote after that can be ignored.
The reserves are small and the export volume is so large. Next, Zheng Jianguo thought with his fingers and could guess that the Soviet would definitely take advantage of the rise in oil prices to start work vigorously and increase the export volume to obtain a large amount of foreign exchange. This is also the main reason why he shorted the oil contract: "amplify the impact of the Soviet expansion of the oil exploitation industry on investors."
Of course, if the Soviets took advantage of the high oil price to expand production capacity to make money, Zheng Jianguo's sniper would probably lose even his grandmother. After all, the main force of long oil contracts at this time are rich people around the world who mainly focus on hot money. Their views on oil prices are similar to those of him before. The higher the better.
However, considering the impact of high oil prices on the economy, as European and American developed countries plagued by inflation and stagflation, they have become the main force to reduce oil prices. Zheng Jianguo believes that if he releases the news of graphene batteries, these people will definitely follow up immediately - water power, wind power and thermal power. The channels of power are much easier than oil.
However, Zheng Jianguo didn't expect to find that the market value of oil companies was undervalued before shorting oil contracts, and his attention turned from oil contracts to oil stocks. Therefore, after confirming that even Charlie agreed with his ideas, he immediately decided to go to the stock market first.
Zheng Jianguo, who wanted to take out all his wealth, was still uneasy. As Charlie came to the trading phone and needed to enter the password, he entered the closing trading password on the phone and confirmed that the oil contract in his hand began to sell. The uneasiness in his heart completely disappeared: "let's see Charlie's ability -"
"Zheng, how did you start to pay attention to oil stocks -"
After lunch the next day, when Zheng Jianguo ran to the service desk and switched to the financial channel with the remote control, Manion looked at Bernard, who was obviously different next to her, and then smiled: "Hey, Bernard, why is your face a little red?"
"Oh, ah, my face, um - it's too hot, yes, it's too hot ~"
Bernard smiled and looked at Manion and Zheng Jianguo. The latter looked at them thoughtfully. What Yang Na had said before flashed in his mind, nodded and said with a smile: "it's really hot -"
"Zheng, have you started to pay attention to stocks? Which ones do you want to buy? Or is your game company going to IPO? "
With the sound, Alfonso appeared next to the service desk with a cup of coffee. After watching the rolling stock prices on the TV, Zheng Jianguo's eyes were firmly nailed to the host's report: "Ashland's stock rose by 28 cents, up from yesterday --"
"Ringling -"
Sure enough, seeing what he wanted, Zheng Jianguo focused his attention. It was only now that the phone on the service desk rang that he wanted to amplify the sound of the TV. Bernard, who had picked up the phone, looked at him: "Zheng? Zheng is here. Where are you? Oh, Zheng's friend -- "
"My friend?"
Even when watching the TV host talk about Philip oil's stock, Zheng Jianguo was distracted by Bernard's voice. Then he remembered that Bernard had handed over the phone when he called him yesterday: "Zheng, your friend said he had something to do with you -"
"Hi -"
After receiving the phone with a smile, Zheng Jianguo said hello, but an extremely strange voice came from the microphone: "Zheng, I'm at the door of your hospital now. Augustus asked me to bring you a ticket to les miserables -"