We're building a super chaebol in Hong Kong
#216 - Intel in the spotlight
The next day, early in the morning, Judy Foster left the hotel where Su Cheng was staying and hurried back to their original hotel.
Su Cheng, on the other hand, wasn't in a hurry and slept until 8:30 in the morning before getting up.
Last night, the two of them were relatively restrained, after all, they both had things to do the next day.
However, Judy Foster indicated that she would come again tonight.
During the three days in New York, she hoped to be by Su Cheng's side every night.
To this, Su Cheng naturally agreed with both hands.
Judy Foster's appearance is indeed not top-notch among the beauties in Hollywood.
However, discussing whether Judy Foster is a particularly beautiful actress or similar questions is meaningless.
This woman, who looks as weak as a lamb, is using her intelligence and independent spirit as tools to leave her voice and imprint on the Hollywood film landscape.
This is also what Su Cheng appreciates about her. In his previous life, Judy Foster was one of Su Cheng's favorite Hollywood actresses.
As the saying goes, beautiful appearances are all the same, but interesting souls are one in a million.
Although Judy Foster is not a stunning beauty, she is a beauty that grows on you, coupled with her interesting soul, how could Su Cheng not like her!
After a simple freshening up, Su Cheng had breakfast with Zhang Qizheng and others in the hotel's buffet restaurant, and then sat in the lobby reading the newspaper.
In his hand was a copy of "The Wall Street Journal."
A headline immediately attracted Su Cheng's attention.
"Internal strife in Persia erupts, multiple cities fall into chaos, more than 80% of cities declare paralysis."
This news, seemingly without much impact on other countries, caused everyone to worry when they read the content.
More than 80% of the cities declared paralysis, directly affecting the normal operation of all walks of life, including the oil industry.
The article pointed out that Persia's external supply of oil is currently only about 10% of the usual amount, and it is not far from a complete halt.
"Boss, this news will definitely affect the market value of the 7 companies we hold shares in. This news is just too timely."
While Su Cheng was reading the newspaper, Zhang Qizheng was also reading it. After reading it, he quickly took the newspaper and walked to Su Cheng, pointing to the article on it excitedly.
As a professional elite in the financial industry, Zhang Qizheng immediately realized how much impact this news would have on their stocks when he saw it.
"Yes, I saw it," Su Cheng said with a smile.
Although he didn't know this news in advance, he already knew that the stock prices of these 7 listed oil companies would not stop rising so quickly.
"It's a good thing for us, fortunately we didn't take action yesterday afternoon," Zhang Qizheng said with emotion at this time.
Su Cheng eats meat, and they drink soup.
This profit is truly related to them, and whether they earn more or less affects their commission.
For stockholders who often speculate in stocks, a copy of "The Wall Street Journal" is essential, because it is a newspaper focusing on business and financial news.
No one who speculates in stocks does not pay attention to current affairs, after all, this will affect their judgment on whether to buy or sell, and which stocks to buy.
When Su Cheng walked into the stock exchange, it was almost impossible to move inside. Even if the exchange hired a lot of security guards, it was useless. The stockholders were too enthusiastic.
"Fortunately, we rented a private room in advance," Zhang Qizheng said with emotion.
Surrounded by bodyguards, Su Cheng finally squeezed to the location of the private room with great difficulty.
After everyone entered the private room, they breathed a sigh of relief.
"Today's task is very simple. Leave a few people to monitor the rise and fall of the 7 oil companies for me, and the rest of you keep an eye on Intel's stock to collect. Anything below yesterday's closing price, buy it for me. Control it within 25% at most. Be careful not to push its stock price up for me!" Su Cheng said directly.
Intel is definitely a "super hot" stock in the technology stocks of this era.
In the short two years from 1978 to 1980, Intel's stock index directly soared from about 700 points to 3000 points, which is more than a 4-fold increase.
You must know that the overall technology stocks in the 1970s underperformed the overall market.
In the 1970s, the performance of large-cap information technology companies in the United States was not good. Except for a few companies such as IBM, most of the companies classified as information technology were mainly concentrated in the electronics and black home appliances fields. The stock prices of well-known companies such as IBM, Kodak, and Xerox all significantly underperformed the overall market in the 1970s.
In comparison, Intel is simply outstanding, becoming the best-performing technology sector company in terms of rate of return.
In fact, Su Cheng's acquisition of it is not for this 4-fold increase.
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After acquiring its stock, he has no intention of selling it in the short term, even if it rises 4 times in two years, he does not intend to sell it.
Su Cheng doesn't care about earning tens of millions of dollars in two years.
Today, Intel is at a low point, with a market value of only more than 30 million US dollars. Su Cheng can even directly acquire it.
However, he has no intention of directly acquiring Intel for his own use, because this would completely interfere with its normal development.
The secretly held shares should not be too many. 25% of the shares, if not held through multiple accounts, can easily cause trouble.
It is hard to believe that Intel, which had a market value of 500 billion US dollars in 1999, has a total market value of only more than 30 million at this time.
Therefore, Su Cheng holds it for long-term investment and does not interfere with any of its development.
If it is interfered with, the future development of Intel will definitely be deviated, and no one knows what it will become at that time.
Therefore, controlling about 25% of the shares with multiple accounts and not interfering with any of its development is the best choice.
From more than 30 million US dollars to 500 billion US dollars, that is more than 10,000 times the increase. This investment is as cost-effective as it is.
Spending about 8 million US dollars in 20 years to control 25% of Intel's shares is simply too worthwhile.
After 20 years, this investment of more than 8 million US dollars will become 125 billion US dollars.
As for the famous Apple and Oracle companies in later generations, they have not yet been listed at this time, and Su Cheng is too lazy to pay attention to them.
Zhang Qizheng completely obeyed Su Cheng's arrangements.
Although he felt that it was a bit of an overreaction to have so many trading elites work on a listed company with a total market value of more than 30 million US dollars, he would not say much and just do it.
In the five years of knowing the boss's decision, Zhang Qizheng found that he had hardly missed it.
The purchase of crude oil, which was previously discussed and even ridiculed by many people, now seems so wise in the face of the ever-exploding oil crisis.
Soon, he arranged the manpower and started today's work.
At this time, no one knew that this beautiful country's technology upstart with a market value of nearly 35 million US dollars was being targeted.
It's like a convenience store being targeted by a billionaire.
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