Reborn Capital Empire
Chapter 586: Roosevelt's chat
Chapter five hundred and eighty-six chats at the Roosevelt family
…
"boom…!"
With a heavy blow, the white golf ball crossed a graceful arc, flew more than ten meters, rolled half a meter after landing, and fell into the hole accurately.
"Clap!"
With applause, "Bruce, your game is getting better and better."
"Unfortunately, it's still a lot worse than you."
The old Roosevelt smiled and said, "The game is learned. When you play my age, you will definitely play better than me." After a pause, "I heard that LinkedIn's stock price has grown to $50?"
"At $49.35, it's almost $50."
"$49.35, based on LinkedIn's total share capital of 200 million shares, its market value is $9.87 billion. Just a subsidiary has a market value of nearly 10 billion US dollars, and the more valuable Ruby and Google can also be I figured it out."
Guo Shouyun smiled and shook his head, "I'm not as optimistic as you are. The main reason for LinkedIn's high stock price is that it has just been listed. If the half-year lock-up period has passed and the investment company starts to cash out, let alone $49.35, It would be nice to be able to maintain the listing price of $38.”
"This lack of confidence is not your usual style."
"Be prepared for the worst in everything, so that you won't be in a hurry when things come to an end."
After taking a look at Guo Shouyun, "What kind of stimulation does it sound like to hear you say this?"
"It's not too exciting, it's just that I have experienced a lot, and I have some feelings."
"Don't share it with me? Maybe I can give you some advice."
Guo Shouyun nodded, "Actually, you should have guessed without saying it. ... Now that the situation in Iraq is becoming more and more stable, and the oil resources are receiving more and more attention, I am worried that my plan will fail."
"Maginu Oil Field?"
"good!"
"With Unocal's strength and position in the oil industry, it is indeed difficult to swallow the Majinu oil field alone. However, your previous financing for Unocal was indeed a brilliant move. There are Bush, Kennedy, Morgan and other families. With the help of Unocal's help, Unocal's acquisition of the Majinu Oilfield has added three points to the possibility. But if you want to really achieve your goal, you still need your own management."
"I understand the same reason. It's just that even if you have tried your best, you will always feel a little uneasy in your heart before things settle down." Guo Shouyun nodded.
Glancing at him, "Actually, it doesn't matter if the Unocal family wins the Majinu oil field, or if you share a profit with other oil companies. Your share of the Iraqi oil industry is almost a certainty. In comparison, , I'm more worried about your investment in Brazil. The oil sector exploration in the three ultra-deep sea areas is too risky."
"Father-in-law, now is not the past. Those easy-to-exploit oil resources have long been exhausted in the past hundred years. Almost all the remaining oil fields are buried thousands of meters deep in land and sea with harsh natural environment. The cost of exploration and development is getting higher and higher, and even if we do not win the bid for the exploration block in the ultra-deep water area, the development cost of the exploration block in the deep sea and the shallow water area is not low.”
"...However, Brazil has been exploring and developing offshore blocks for nearly ten years, and has not found any surprising large oil fields. Therefore, rather than offshore blocks, I prefer to explore the ultra-deep water areas of the Santos Basin that have never been developed. Investment in exploration blocks.”
"You are gambling!" Old Roosevelt said after listening.
"Oil exploration in the 21st century is a gamble, I just took a bigger gamble."
"What if you lose the bet?"
"If you win in gambling, you will naturally lose!" After a pause, his eyes swept across the old Roosevelt's face quickly, "I understand what my father-in-law means. Losses in oil exploration will make Unocal shareholders dissatisfied. However, Unocal is in the In 2003, it generated $31.47 billion in revenue and $5.34 billion in net profit. Although it is a bit worse than Exxon Mobil, Chevron Texaco, ConocoPhillips, and even Chesapeake Energy. Unocal has the highest revenue per share of net assets of any oil company."
The old Roosevelt nodded, looked at the son-in-law in front of him, and sighed a little: "Unocal's income from non-main business is too high. Bruce, you are indeed a genius in the financial field!"
Unocal's lucrative gains on oil and gas forward contracts have boosted its overall revenue level.
"I won't say it before the day comes. Unocal's financial gains are enough to balance the company's investment in exploration in the Santos Basin in Brazil. Even if no oil fields are found in the three blocks, the company will not lose money. What's more, the exploration has just just begun. In the beginning, who can guarantee that there are no big oil fields there?"
"Do you really have so much confidence in the Santos Basin?" Old Roosevelt said after a moment of thought.
"Whether it is from the geological structure of the Santos Basin or the offshore oil exploration data in Brazil in recent years, it all shows that there are a lot of oil resources in its offshore areas, especially in the fault structural belt of the Santos Basin. The reason why it has not been found yet, It may still be in the wrong location. And compared to the shallow and deep water areas that everyone is keen on, there are more possibilities in ultra-deep water areas.”
After listening to the old Roosevelt, he nodded after thinking for a moment.
"Anyway, you are the chairman of Unocal's board of directors. Since you are confident, then you can do it according to your own ideas. But I want to remind you, don't let Unocal generate excessive losses, otherwise these are helping your family behind the scenes. And the group ~www.wuxiaspot.com~ will be the first to stand up and kick you out of Unocal."
"Including you?" Guo Shouyun narrowed his eyes slightly.
"Including me!"
After nodding affirmatively, "Bruce, although you are my son-in-law. But you should be clear. I represent the entire Roosevelt family. If I can't put the family's interests first, then I can become the head of the Roosevelt family and take charge of the Roosevelt family. The Foundation will also be kicked out."
After a pause, Old Roosevelt patted Guo Shouyun on the shoulder and sighed: "Having a strong and profound family has both advantages and disadvantages. The biggest disadvantage is that you can't help yourself. Of course, you still experience it now. No. But as your career gets bigger, you'll get more clarity on that feeling."
"...Okay, let's not talk about these unpleasant topics. It's rare for you to come here, so stay with me for lunch at noon. I specially let people cook Chinese food to ensure that it suits your taste."
Together with the old Roosevelt, Guo Shouyun smiled and nodded after giving the club in his hand to the waiter next to him.
"Even if you don't tell me, I will definitely finish my lunch today before leaving."
"Haha, let's go! Elizabeth has always wanted to talk to your son-in-law. By the way, how is Wendy doing?"
"It's good. It's just that she is often invited to go shopping by some noble ladies, which makes her a little impatient."
"This can't be done. You are a husband and wife. It is her responsibility to expand your husband's contacts and stabilize the family. ... By the way, why didn't she come this time on LinkedIn."
"George and Elizabeth are almost three years old. She is choosing tutors for them, and she has no time for it."
……………………
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