Chapter 776 Bullying the Children
Not to mention anything else, the people at Boyin just thought, as long as they get some crude oil, when the whole country of America is short of oil.
The major airlines and the U.S. military were forced to transfer the contracts originally planned to other aircraft manufacturers to Boyin.
Not to mention stealing all of them, just 10% or 20% of the orders will be enough for Boyin's stock price to rise instead of fall in the next year or two.
At that time, when other aircraft manufacturers are weakened or even on the verge of bankruptcy, it is not impossible to acquire competitors.
As the main business of banking, insurance, and financial business, there are too many means to promote Citigroup's business growth and stock price surge under the condition of obtaining enough oil.
The tractors and mining companies under its banner alone can use crude oil quotas to overwhelm and shoulder most of the small and medium-sized competitors who cannot buy enough crude oil and operate at full capacity.
As for how to avoid monopoly and unfair competition, it is also very simple. As long as there are two companies between these companies and the oil sellers, and there is no direct connection, it is not so easy to sue.
Now when I heard that Li Changheng actually agreed to give US$100 million worth of crude oil to the United States in exchange for 1% of the private shares of the United States.
Many shareholders and allies of Citigroup suddenly felt that Meifu was robbing their interests, and Li Changheng, the big boss, was also benefiting himself at the expense of others.
Therefore, Alan Gay, chairman of the board of directors of Citigroup, did not wait for Andre Rockefeller to consider the gains and losses clearly.
The first time he said, "Henry, within a year or two, you will be the number one person of Citigroup in the future, and this company will be your foundation and backing.
Any behavior that damages Citigroup's interests and capital enemies will not only damage your personal interests, but also consume the confidence of shareholders who support you. "
After hearing this, Li Changheng was not only not angry, but also said with a smile, "Don't forget my four oil wells in Kanal Oilfield."
Everyone was stunned, and Li Changheng continued, "When I bought it, because the oil production rate of the gushing well decreased, Nasser thought that I paid 100 million US dollars to buy it, and he took advantage of it.
But, for me, since the contract is not limited, I can't open more oil wells.
Then it only needs to spend millions of dollars to easily drill at least 6 wells around the oil well.
If you pay 1.5 times the cost of labor and equipment, you can use a daily output of 2,400 tons and 17,000 barrels.
It can easily become a high-yield oil well of 5,000 tons and nearly 35,000 barrels.
After one year and six months, after deducting labor and equipment costs, I have stored more than 20 million barrels of crude oil in Singapore. "
God, everyone was calling Nasser an idiot in their hearts.
Although it is indeed very expensive to give 100 million at a time, it took 7 or 8 years to recover the cost of the original $2 a barrel.
But now it’s only been a year and a half, and if 20 million barrels of crude oil are sold, at least 70 million US dollars can be recovered.
No matter how you look at this deal, Nasser suffered a big loss.
More than a dozen shareholders can't wait to go back for more than a year and snatch 4 oil wells in the Kanal Oilfield.
While Andre Rockefeller was also envious and jealous, he silently calculated and said with a frown, "Even if it is calculated at the current price of 3.6 US dollars per barrel, 20 million barrels is now only 72 million US dollars.
And, don't forget, once your guess is established, Mobil's stock price will at least double, or even double, or triple. "
"Are you an idiot as an investor and stockholder?"
Li Changheng looked at Andre Rockefeller with contempt, and everyone laughed after thinking about it for a while.
Without Li Changheng's personal explanation, Taylor took the initiative to say, "Oil prices have risen sharply, and oil fields will indeed rise sharply, but stockholders and investors are not stupid.
First of all, there are too many oil companies in the market, let alone the seven large oil companies that were spun off from Rockefeller decades ago.
There are no less than 10 large and medium-sized oil companies in Texas and the Gulf of Mexico alone.
Counting Europe, Maple Leaf countries, Mexico, and South American countries have not 50 oil companies, but there must be 40.
With so many choices, if I were an investor, the first thing I would look at was the capacity of oil companies to increase production.
The second is the number of oil fields in hand, and how much crude oil can be produced every day.
However, if you want to increase production, purchase, and merge more oil fields, you must spend a lot of money. "
Andre sat back on the sofa helplessly, and after talking, he returned to the question of who had more cash.
And more importantly, if Li Changheng's bullish judgment on crude oil prices spreads, Mobil will lose the opportunity to acquire small and medium-sized oil fields at low prices.
Taylor saw that Andre had stopped talking, and his face was happy, but he was very surprised thinking in his heart, it seems that Rockefeller Jr. is not a qualified heir.
Still, that's good news for Citigroup.
After thinking for a while, he continued, "Shareholders may blindly follow the trend of investment, but investment institutions and big capital don't just look at the development prospects of oil companies.
If you want to expand production capacity and merge oil fields, it will take half a year instead of one or two months.
It is certainly possible for Henry to say that the market value has increased several times, but the rate of increase is definitely not as fast as that of oil prices. "
Andre blushed a little and defended, "But you can't deny that the future prospects of companies such as the US floating company will rise with the soaring oil price, at least for several years."
Li Changheng continued, "But the 20 million barrels of crude oil in my hand will increase the stock price of Mobil by at least 10%.
Moreover, the more abundant the reserves, the more attractive and favored investors are than other oil companies when oil prices soar.
Citigroup would certainly be willing to lend you a loan of equal value.
With an extra 100 million loan in hand, and selling 20 million crude oil, it is another 100 million US dollars.
With only 200 million US dollars, we are the first to buy some small and medium-sized oil companies that cannot support.
When the market is extremely short of oil, you can earn double or double when you resell it.
In the future, not to mention that the market value exceeds the New Jersey standard, there is still great hope to catch up with the California standard. "
Speaking of this, Li Changheng saw that everyone was either frowning or overjoyed, and instantly understood that this group of people guessed from the sales of 200 million yuan that he predicted that the price of oil would exceed US$10 a barrel.
At this time, it seems that some people must suspect that he is bragging, but as soon as the war started, the price of oil itself soared to 4.5 US dollars within a few days.
In the event of an oil embargo, $10 a barrel is by no means nonsense.
Andre couldn't care less about bargaining now, walked to the phone, picked up the receiver and was about to make a call, but was held down by Li Changheng who followed him.
"Turn on the speakerphone, and I'll talk to your father directly."
While Andre frowned, he subconsciously felt angry, but after being stared at by Li Changheng for a few seconds, he scratched his head guiltily and helplessly.
Then he had already agreed with Li Changheng's proposal in his heart, and he didn't notice at all that he, who had been suppressed several times in a row, had already accepted Li Changheng's strength in his heart.
Seeing how Andre was struggling, the old guys put down the microphone, pressed the hands-free button to start dialing, and suddenly showed meaningful smiles.
No matter how shrewd old Rock Feller is, time is on Li Changheng's side, and Andre, the heir, seems to be no match for the future helm of Citigroup.