My 1999

Chapter 431 Closing the position

After staying at Cadogan Manor for two hours and having lunch, Xu Liang left.

After returning to Loren Manor, Lu Hui greeted him.

"Mr. Xu, this is the news we just received."

He took the document in her hand and looked at it, with a smile on his face.

"Closing the position? I thought they could hold on for a few more days."

"This time, Larry Ellison lost at least $5 billion."

Lu Hui looked at the boss in front of her with reverence. Faced with the encirclement and suppression of top institutions and super-rich people such as Ellison, Elliott Management Company, Goldman Sachs, Soros, etc., she not only made huge profits, but also caused heavy losses to the other party.

This ability is amazing.

"Loss now may not be a real loss."

Xu Liang smiled and returned the document to Lu Hui.

With the ability and talent of Paul Singer and others, they will definitely go long crude oil, and when the Iraq war breaks out, they can make back all their losses.

It will even make a lot of profit.

"By the way, there are some gifts from the Cadogan family in the trunk of the car. Take them out and put them in my collection room."

When he left, Charles Cadogan gave him several pieces of blue and white porcelain from the official kiln of the Rabbit Qing Dynasty.

Although each piece is worth no less than 100,000 pounds, they are only scraps in the Cadogan family's collection.

Of course, at their level, the things you give are too cheap, which is completely offending.

"yes."

"By the way, where are my parents?"

"Xu Meng took them on a trip, and they won't be back until this afternoon," Lu Hui said.

"I understand, go and do your work."

Back in the office, Xu Liang sat on the sofa, his eyes slightly closed, and he felt relaxed.

Now that the outbreak of the war in Iraq is becoming more and more clear, there are basically no surprises in this round of short selling.

However, if you want to reap the benefits, you have to wait until April at least, and there is still some waiting.

SARS is becoming more and more severe in China, and he doesn't know when a nationwide lockdown will be implemented. He doesn't want to go back for a while. Once he is sealed in the country, a lot of things will be delayed.

The biggest thing for him now is to plan how to spend the profits from this oil speculation.

Hongyan, Hongmeng, Hanhua, Jianlibao, and New Dream are his four major companies.

New dreams can be ruled out.

He basically won't invest anymore.

Moreover, even if it wanted to invest, New Dream couldn’t afford much money.

One is that there are not enough teacher resources, and the other is that the domestic education and training market has not yet fully developed.

Jianlibao can be cast once.

Qiao Yuhui will develop the drinking water market domestically and the Japanese market overseas.

If you have enough funds, you can definitely open up the situation through acquisitions.

With the well-established channels of local companies, it will be much easier for Jianlibao to enter the Japanese market.

Hanhua didn't need him to invest. When the oil speculation ended and the skyrocketing profits spread, people would line up to give him money.

Finally, there is Hongmeng.

The most important thing for Hongmeng Company now is not money, but relationships.

Series B financing is coming soon, and Hongmeng will have more money coming in.

Finally there is Red Rock.

This is a big drain on money.

Among other things, Taihua Real Estate has more than a dozen urban complex projects this year, and even if they start construction on land, they will cost at least several billion dollars.

Then there is the 15% stake in Standard Chartered Bank held by the Qiu family.

After acquiring this part of the equity, plus the 16.8% held by Hongyan, as long as part of it is acquired from the secondary market, Xu Liang can control more than 34% of Standard Chartered's equity and become the chairman of the board of directors of Standard Chartered.

Although there is no way to completely control this old bank, it will have a stronger influence on it.

At that time, there is a high probability that there will be no dilemma of using Jianlibao shares as collateral but not being able to get a loan.

If there is still money left, consider other investment directions.

——

The atmosphere in the club is a bit depressing.

Paul Singer, Alexander Soros, Carey Killinger, John Thornton and Howard Eisen looked somber.

The light cyan exhaust smoke enveloped the entire room like a thick mist. Against the backdrop of the orange light bulbs, the people illuminated seemed like ghosts from the underworld.

After a long time, Paul Singer said in a low voice: "Howard, Ellison is really not coming?"

"He is still in a nursing home. This loss is too tragic and has hit him hard."

"Huh, heavy? Of all of us involved, who is not a heavy blow? We were invited by him at the beginning, but now he ran away first."

Howard Eisen said coldly: "Paul, the money Larry lost was all his own money. What about you guys? Even if they lose everything, it's just a customer loss. Elliott and Quantum Fund can even get management money." Make money for free.

So don't make sarcastic remarks here.

If you really lose 6 billion US dollars, can you still sit here peacefully? "

"Okay, everyone, calm down. I know this heavy loss has made everyone angry, but the most important thing now is not to be angry, but how to recover this loss." John Thornton said quickly.

Everyone turned and looked over.

"John, what do you have in mind?" Carey Killinger asked quickly.

The words were filled with eagerness.

He is no better than Larry Ellison, Paul Singer and others.

Although he is the CEO of Washington Mutual, he is not the founder.

If he cannot recover this loss, he will be kicked out of the board of directors during the year-end summary meeting.

This is definitely not a situation he wants to see.

“According to information received by Goldman Sachs, Washington has made up its mind that if Iraq does not agree to the conditions proposed by Washington, then war will definitely break out.

As Iraq is the largest oil producer in the Middle East after Saudi Arabia, I believe everyone is well aware of the impact that the outbreak of war will have on oil prices. "

Paul Singer and others' eyes instantly lit up.

"John, what if Iraq accepts Washington's conditions?" Howard Eisen said.

John Thornton smiled and said: "Howard, if a strong villain doesn't want to pay anything, let him live in your family's ancestral home, and you have to give him half of the money you earn, you Will you agree?"

"I'll beat his ass with an M16."

Howard Eisen cut to the chase.

John Thornton shrugged, "I think Saddam thinks so too. Moreover, Iraq's military equipment is not bad, with millions of well-equipped troops, and it is fighting on its own soil. He doesn't think he can't stop American soldiers." .”

Seeing everyone's eyes getting brighter and brighter, John Thornton continued with a smile.

"As long as we backhand and go long, when the war breaks out and oil prices skyrocket, we will not only be able to make back the money we lost this time, but maybe even get a bigger profit."

After everyone thought for a moment, Alexander Soros smiled and said: "It seems we should invest more money."

"If you want to raise money, do it as soon as possible. The war may break out anytime." John Thornton said.

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