Chapter 275: There is not much time left for Jiang Hua(1/2)
Jiang Hua returned to Maple Leaf Country, and Susanna had completed the acquisition of Husky Energy Company.
In the previous life, Li Chaoren acquired 52% for HK$3.2 billion.
This time it was also HK$3.2 billion to complete all acquisitions.
Because the current money has not depreciated, the acquisition will be completed at a very high premium.
Only a fool would not sell it. The current oil price is so cheap that Husky is not making money.
Acquiring a mid-sized energy company is equivalent to having a ticket to enter the energy market.
Soon large sums of money entered the accounts of energy companies,
This is a race against time.
On October 20 this year, the Gulf oil-producing countries unanimously announced that
There is an oil embargo against the United States and the European Union.
When the first oil crisis came, oil prices soared again and again.
By late December, the price of oil rose from US$2.9 per barrel to US$12.
In just two months, one person's wealth can quadruple.
That's why Jiang Hua gave up his hobby,
Come here to participate in the last big operation.
In late April, Husky Energy announced that due to high oil production costs,
The gas station business suffered serious losses, and then announced that it would gradually close the gas station business.
This is just the first step in Jianghua. The gas station only makes a few dollars a day.
And each gas station has its own oil storage depot, big or small,
Store the oil and wait a few months before opening again!
In late May, Husky Energy leased an unknown number of large tankers for an eight-month period to transport oil from the Gulf.
In the same month, Husky successively acquired many small oil companies.
These companies all have one characteristic: the oil depots where they store oil are very large.
In June, the energy company leased large oil depots from multiple companies for one year.
Some people may be trying to bully you, Jianghua, since you know that oil will skyrocket.
Why don't you speculate in futures? It's easier this way.
The author feels that smart and handsome readers will not ask such questions.
There are limits to futures trading. If you place an order of 10 billion at once, see which securities dare to take it.
There will be no delivery of goods next.
Besides, there is another tool for futures trading called leverage.
If you invest 100 million, you can use 20-50 times leverage, and all the remaining money will be converted into oil.
Isn't it just eating two fish and making money on both ends?
It's late August.
Ganghwa’s vacation team is also back.
It's time for them to take the field.
I didn’t buy much this time because the market is so big.
Among the dozens of people who came this time, Jiang Hua was in a group of two.
Divide them into trading markets in different countries.
A Chinese paired with a foreigner and a Hang Seng Bank staff member,
Large trading markets such as London and New York invest around 50 million.
For small trading markets, just invest around 10 million.
He is not greedy. After doing this, he will be able to stop for at least 10 years.
This time he spent a lot of money.
All the funds from Sequoia Capital were drained,
I paid off a lot of mortgages, plus the money transferred back from Xiangjiang.
Just about 5 billion US dollars.
This is nothing in front of those large consortiums. You must know that the market value of IBM now exceeds 200 billion US dollars.ъìqυgΕtv.℃ǒΜ
Mobil Oil Company has similar prices.
However, these are working capital, and if we can now provide 5 billion US dollars, we cannot say that we don’t have them.
It should not exceed the number of two palms.
Husky hoards oil crazily, sometimes even purchasing oil at a price slightly higher than the market price.
The same is true on the Xiangjiang side, and all the oil tankers owned by Charter King have also been rented.
There are also ships from other companies, all going to the Middle East to fill with oil.
Such a large-scale oil hoarding operation,
Of course it attracted others' attention, but it was a normal business move.
It is normal for an energy company to store oil appropriately.
It's just that this is a little too much.
Oil today is only about $1 a barrel.
Jiang Hua still felt that it was too slow to stock up on oil, so he directly contacted the world's largest oil producing country.
Abu Dhabi, Abu Dhabi is a real oil country,
The Emirate of Abu Dhabi accounts for more than 90% of the entire UAE's oil reserves.
It can be said that they are extremely rich, but they are not making money now.
Jiang Hua immediately dropped the US$1 billion order and raised the price by US$0.3 per barrel.
Hehe! All these people have to do is worship Husky Energy as a god.
But they can't produce this thing.
With $1 billion at every turn, Jiang Hua's dream was shattered.
They only make 30 billion US dollars a year from oil.
This 1 billion is already a lot.
In this way, Jiang Hua has only used less than half of his funds.
His idea is too naive. He thinks that if he has money, he can just stock up on oil.
But he cannot produce 5 billion US dollars of oil.
Isn't this blinding?
The top executives of Husky Energy were all stunned by the boss's operations.
They thought they would just stock up on oil, but they didn't expect to spend 1 billion to buy it.
That's it, they still have a lot on their account.
The two groups were discussing in the conference room, and Jiang Hua and his nominal boss Susanna were whispering.
"Jianghua, are you sure oil will surge?"
Jiang Hua has not answered yet.
The other party raised his voice and said:
"Madam, we really want to make this deal. We have just discussed it. For US$1 billion, we will license the mining rights of the Zakum Oilfield to you for 40 years, and you will enjoy 40% of the profits."
There is only one Zakum, with a stock of about 66 billion barrels, and they have to share 60% of the profits.
Jiang Hua actually refused, mainly because he couldn't make quick money.
As a homebody living in the 20s of the 21st century,
Making quick money is his pursuit, and he has been mining for 40 years.
He doesn't even know if he can live another 40 years.
Before Jiang Hua could answer, the other party continued:
“We are very sincere!”
Jiang Hua said a few words in Susanna's ear.
To be continued...