NOVEL SIMPLE The youngest son of the chaebol family, Mo Hyun-min
Chapter 42
In early July 1990, the cosmetics company of the Amorery Group successfully entered the fashion capital of Paris by acquiring the Faberge factory. Many women in Gaul, Hans and even John joined the rush after seeing Amore's series of cosmetics, especially the skin care and beauty effect of "snowflake". Amore, which
originally only planned to explore the European market, was a little blindsided, and they did not expect that the pursuit and enthusiasm of European ladies for cosmetics would be so strong.
The first batch of Amore's cosmetics shipped to Europe sold out in just half a month. As a last resort, cosmetics executives had to urgently move stocks to Europe, while factories ramped up production and started production at full capacity in three shifts.
In the subsequent press conference, Xu Peiqing, as a spokesman, was even more excited to announce this good news to many media, and the stock of Amore's cosmetics company soared by 12% in the afternoon, and it was directly up to the end of the afternoon.
......
Meeting room of Miracle Investments.
Chen Daojun turned towards Wu Shixian and asked, "President Wu, do we still have liquidity on the books of Miracle Investment Company?" Chen Daojun tapped his fingers on the conference table, calculating in his heart, calculating the time for half a month, the Middle East region will be thunderous!
"Boss, our company currently has 350 million US dollars left in the palm of our hand, and the residential area in the previously developed Buntang area has sold a lot in the past few months, and the income of Disneyland and Resort is still as stable as ever, with a total income of 120 million US dollars in these four months." Wu Shixian looked at the latest financial statement in his hand and said to Chen Daojun.
"Is it only $350 million?" Chen Daojun hesitated for a while, and then asked Wu Shixian, "How much money does Hanjin Shipping still have on its books?"
"They probably have less than 250 billion won over there, less than $200 million." Wu Shixian recalled the financial situation of Hanjin Shipping that he had seen before, and asked with some curiosity, "Boss, do you have any plans?"
"Didn't you wonder before, why did I shift my attention to the shipping industry, and even more so I didn't hesitate to offend the Hanjin Group, and also take Hanjin Shipping?" Chen Daojun smiled mysteriously and continued, "Because a new oil crisis is coming. The Gulf region is likely to see more turmoil next, and the price of oil will rise rapidly as a result.
"Boss, what you said is true?" Wu Shixian's pupils shrank sharply, if there is really chaos over there, the price of oil will definitely skyrocket, and even many countries and regions will be affected. As of January 1990, the proven oil reserves in the Gulf
region were about 651.7 billion barrels, accounting for 65% of the world's proven oil reserves (about 1,001.5 billion barrels), and the Gulf region produced about 14.5 million barrels of oil per day, accounting for about 23% of the world's daily oil production (63.6 million barrels); About 12 million barrels of oil are exported per day, accounting for about 43% of the world's daily oil exports (28 million barrels). It is fair to say that the Gulf accounts for half of the global oil market.
"The nearest Gulf region is not very stable. Especially the small Yi country, fighting with the big Iraq country in the past few years, but it lost a lot of money. And the country next door to it, the country of Kot, does not have much escort force except for massive oil fields. The poor and crazy little Yiguo is likely to do it. Based on the current situation and the memories of his previous life, Chen Daojun gradually analyzed, "The beautiful country will not sit idly by and watch the small Iraqi country occupy the Kote country, and will inevitably lead the army to safeguard justice!"
"So, the boss means that we're buying a lot of crude oil before they even get to fight." When war breaks out, sell it at a high price. Earn high spreads? Wu Shixian quickly understood what Chen Daojun meant, and said with some excitement.
"It's not just about buying oil. We can also go into the crude oil futures market. Doesn't John have an international oil exchange? We can buy a wave in bulk. Add 5x leverage! Chen added.
"Boss, wouldn't that be too risky? If the situation is very different from what you analyzed. We may lose a lot of money. Although Wu Shixian sees the huge benefits, the huge risks that accompany it cannot be ignored.
"It's just a few hundred million dollars, even if I lose money, I can hold on." If I guessed correctly, then my income is at least two or three billion US dollars, so why not gamble? Chen Daojun said confidently that having memories of his past life is his most precious asset. Even if the prediction this time is wrong and the operation is not in place, he still has other opportunities to make a lot of profits, so he does not have the same many concerns as ordinary people.
——————— dividing line——————
Wu Shixian was eventually impressed by Chen Daojun's plan and courage, and the two soon began to prepare and lay out in advance. Chen Daojun contacted Eric, the exclusive operator of Goldman Sachs Investment Bank, and asked him to cash out all the stocks in his account and withdraw funds.
Eric was puzzled by this sudden order, in his opinion, the current stock market is good, although occasionally fluctuating slightly, but overall is continuing to rise, why is it suddenly about to leave?
Chen Daojun only said about this, "I found a higher yield investment project, which requires a lot of cash. "
......
As for Wu Shixian's side, the efficiency is even higher, originally Hanjin Shipping has good trade exchanges with some countries in the Middle East, especially the Gulf region.
After going through an intermediary, Wu Shixian bluntly proposed that more oil needed to be purchased. The other party was immediately happy when they heard it, you must know that the price of oil has been very stable in the past two years, and these oil-producing countries can obviously produce more oil and earn more profits, but due to a series of factors such as sales channels, buyers' markets, and the proposal of beautiful countries, they have to limit daily output.
Even when part of the production overflows and cannot find a buyer, it can only be temporarily placed in the warehouse to eat ash. Both
sides were satisfied with the temporary oil deal, one glad they were able to free up stocks, and the other excited to buy low-priced oil. Under Wu Shixian's order, in just two days, Hanjinhai mobilized more than a dozen giant cargo ships to purchase oil only in the Gulf region.
......
In late July 1990, negotiations between the small Islamic Republic and the Kote State began. But the two sides reached a stalemate, and eventually negotiations broke down. Xiao Yiguo took the initiative and launched an attack towards the Kurt country. The defenseless country of Kot
was directly stunned by this sudden attack, and after only a few hours, the small country of Iraq won a big victory and occupied the country of Kot. The beautiful country, which is the most leading big brother of the Kot country, is extremely dissatisfied with the shameless actions of the little Yi country, and sends a large number of reinforcements to the Gulf region to "uphold justice" for the younger brother.
This sudden local conflict has a tendency to intensify, and when other countries react, they realize that due to the turmoil in the Gulf region, global oil production has fallen sharply, and oil prices have risen sharply. People are fighting, they follow the bad luck, too special pit people!
originally only planned to explore the European market, was a little blindsided, and they did not expect that the pursuit and enthusiasm of European ladies for cosmetics would be so strong.
The first batch of Amore's cosmetics shipped to Europe sold out in just half a month. As a last resort, cosmetics executives had to urgently move stocks to Europe, while factories ramped up production and started production at full capacity in three shifts.
In the subsequent press conference, Xu Peiqing, as a spokesman, was even more excited to announce this good news to many media, and the stock of Amore's cosmetics company soared by 12% in the afternoon, and it was directly up to the end of the afternoon.
......
Meeting room of Miracle Investments.
Chen Daojun turned towards Wu Shixian and asked, "President Wu, do we still have liquidity on the books of Miracle Investment Company?" Chen Daojun tapped his fingers on the conference table, calculating in his heart, calculating the time for half a month, the Middle East region will be thunderous!
"Boss, our company currently has 350 million US dollars left in the palm of our hand, and the residential area in the previously developed Buntang area has sold a lot in the past few months, and the income of Disneyland and Resort is still as stable as ever, with a total income of 120 million US dollars in these four months." Wu Shixian looked at the latest financial statement in his hand and said to Chen Daojun.
"Is it only $350 million?" Chen Daojun hesitated for a while, and then asked Wu Shixian, "How much money does Hanjin Shipping still have on its books?"
"They probably have less than 250 billion won over there, less than $200 million." Wu Shixian recalled the financial situation of Hanjin Shipping that he had seen before, and asked with some curiosity, "Boss, do you have any plans?"
"Didn't you wonder before, why did I shift my attention to the shipping industry, and even more so I didn't hesitate to offend the Hanjin Group, and also take Hanjin Shipping?" Chen Daojun smiled mysteriously and continued, "Because a new oil crisis is coming. The Gulf region is likely to see more turmoil next, and the price of oil will rise rapidly as a result.
"Boss, what you said is true?" Wu Shixian's pupils shrank sharply, if there is really chaos over there, the price of oil will definitely skyrocket, and even many countries and regions will be affected. As of January 1990, the proven oil reserves in the Gulf
region were about 651.7 billion barrels, accounting for 65% of the world's proven oil reserves (about 1,001.5 billion barrels), and the Gulf region produced about 14.5 million barrels of oil per day, accounting for about 23% of the world's daily oil production (63.6 million barrels); About 12 million barrels of oil are exported per day, accounting for about 43% of the world's daily oil exports (28 million barrels). It is fair to say that the Gulf accounts for half of the global oil market.
"The nearest Gulf region is not very stable. Especially the small Yi country, fighting with the big Iraq country in the past few years, but it lost a lot of money. And the country next door to it, the country of Kot, does not have much escort force except for massive oil fields. The poor and crazy little Yiguo is likely to do it. Based on the current situation and the memories of his previous life, Chen Daojun gradually analyzed, "The beautiful country will not sit idly by and watch the small Iraqi country occupy the Kote country, and will inevitably lead the army to safeguard justice!"
"So, the boss means that we're buying a lot of crude oil before they even get to fight." When war breaks out, sell it at a high price. Earn high spreads? Wu Shixian quickly understood what Chen Daojun meant, and said with some excitement.
"It's not just about buying oil. We can also go into the crude oil futures market. Doesn't John have an international oil exchange? We can buy a wave in bulk. Add 5x leverage! Chen added.
"Boss, wouldn't that be too risky? If the situation is very different from what you analyzed. We may lose a lot of money. Although Wu Shixian sees the huge benefits, the huge risks that accompany it cannot be ignored.
"It's just a few hundred million dollars, even if I lose money, I can hold on." If I guessed correctly, then my income is at least two or three billion US dollars, so why not gamble? Chen Daojun said confidently that having memories of his past life is his most precious asset. Even if the prediction this time is wrong and the operation is not in place, he still has other opportunities to make a lot of profits, so he does not have the same many concerns as ordinary people.
——————— dividing line——————
Wu Shixian was eventually impressed by Chen Daojun's plan and courage, and the two soon began to prepare and lay out in advance. Chen Daojun contacted Eric, the exclusive operator of Goldman Sachs Investment Bank, and asked him to cash out all the stocks in his account and withdraw funds.
Eric was puzzled by this sudden order, in his opinion, the current stock market is good, although occasionally fluctuating slightly, but overall is continuing to rise, why is it suddenly about to leave?
Chen Daojun only said about this, "I found a higher yield investment project, which requires a lot of cash. "
......
As for Wu Shixian's side, the efficiency is even higher, originally Hanjin Shipping has good trade exchanges with some countries in the Middle East, especially the Gulf region.
After going through an intermediary, Wu Shixian bluntly proposed that more oil needed to be purchased. The other party was immediately happy when they heard it, you must know that the price of oil has been very stable in the past two years, and these oil-producing countries can obviously produce more oil and earn more profits, but due to a series of factors such as sales channels, buyers' markets, and the proposal of beautiful countries, they have to limit daily output.
Even when part of the production overflows and cannot find a buyer, it can only be temporarily placed in the warehouse to eat ash. Both
sides were satisfied with the temporary oil deal, one glad they were able to free up stocks, and the other excited to buy low-priced oil. Under Wu Shixian's order, in just two days, Hanjinhai mobilized more than a dozen giant cargo ships to purchase oil only in the Gulf region.
......
In late July 1990, negotiations between the small Islamic Republic and the Kote State began. But the two sides reached a stalemate, and eventually negotiations broke down. Xiao Yiguo took the initiative and launched an attack towards the Kurt country. The defenseless country of Kot
was directly stunned by this sudden attack, and after only a few hours, the small country of Iraq won a big victory and occupied the country of Kot. The beautiful country, which is the most leading big brother of the Kot country, is extremely dissatisfied with the shameless actions of the little Yi country, and sends a large number of reinforcements to the Gulf region to "uphold justice" for the younger brother.
This sudden local conflict has a tendency to intensify, and when other countries react, they realize that due to the turmoil in the Gulf region, global oil production has fallen sharply, and oil prices have risen sharply. People are fighting, they follow the bad luck, too special pit people!
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