The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 42 Another Purpose of Winning Hanjin Shipping

In early July 1990, the cosmetics company under the Amore Group successfully landed in Paris, the fashion capital, by acquiring the Fabergé factory.Many women from the Kingdom of Gaul, Hans and even the Kingdom of John joined in the buying frenzy after seeing a series of cosmetics under Amore, especially the skin care and beauty effects of "Snowflake".

The Amore Group, which originally planned to open up the European market, was a little confused. They didn't expect that European ladies' pursuit and enthusiasm for cosmetics would be so strong.

The first batch of Amore cosmetics shipped to Europe was sold out in just half a month.As a last resort, the executives of the cosmetics company had to urgently transfer the inventory to Europe, and at the same time, the factory accelerated production and started three shifts to produce at full capacity.

In the subsequent press conference, Xu Peiqing, as the spokesperson, excitedly announced the good news to many media. In the afternoon of that day, Amore Cosmetics' stock price soared by 12%. By the time the market closed in the afternoon, it was even more direct. daily limit.

……

Miracle Investment Company conference room.

Chen Daojun asked Wu Shixian, "President Wu, do we still have liquidity on Miracle Investment Company's books?" Chen Daojun tapped his fingers on the conference table, thinking in his mind that in half a month, the Middle East would be exposed to violence. Thunder!
"Boss, we still have 3.5 million US dollars left in our company's palm. The previously developed residential areas in the Bundang area have sold a lot in the past few months. The income of Disneyland and resorts is still as stable as ever. In the past 4 months , with a total income of 1.2 million U.S. dollars." Wu Shixian looked at the latest financial statement in his hand, and said to Chen Daojun.

"Is it only 3.5 million U.S. dollars?" Chen Daojun hesitated for a while, and then asked Wu Shixian, "How much money does Hanjin Shipping still have on its books?"

"They probably still have less than 2500 billion won, which is less than 2 million US dollars." Wu Shixian recalled the financial situation of Hanjin Shipping that he had seen before, and asked curiously, "Boss, do you have any plans? ?”

"Didn't you wonder before, why did I shift my attention to the shipping industry, and why did I not hesitate to offend the Hanjin Group and take down Hanjin Shipping?" Chen Daojun smiled mysteriously, and then said, "Because of a new oil crisis It's coming. The Gulf region is likely to be followed by turmoil, and the price of oil will rise rapidly as a result."

"Boss, are you telling the truth?" Wu Shixian's pupils shrank suddenly. If chaos really breaks out over there, the price of oil will definitely skyrocket, and even many countries and regions will be affected.

As of January 1990, the proven oil reserves in the Gulf region were about 1 billion barrels, accounting for 6% of the world's proven oil reserves (about 517 billion barrels), and the daily oil production in the Gulf region was about 10 million barrels. barrels, accounting for about 015% of the world's daily oil production (65 million barrels); the daily export of oil is about 1 million barrels, accounting for about 450% of the world's daily oil exports (6 million barrels).It can be said bluntly that the oil production in the Gulf region accounts for half of the global oil market.

"The recent Gulf region is not very stable. Especially the small country of Iraq, which fought with the big country in the past few years, but lost a lot of money. And the country of Cote next door does not have much defense force except for its massive oil fields. Poor and crazy The small country of Iraq is likely to take action." Chen Daojun gradually analyzed based on the current situation and the memories of his previous life, "The beautiful country will not sit back and watch the country of small Yi occupy the country of Kot, and will definitely lead its army to safeguard justice!"

"So, what the boss means is that we purchase a large amount of crude oil before they start fighting. When the war breaks out, we can sell it at a high price and earn a high price difference?" Wu Shixian quickly understood what Chen Daojun meant. , said with some excitement.

"Not only to purchase oil. We can also enter the crude oil futures market. Isn't there an international oil exchange in John Country? We can buy a lot of it. Increase leverage by 5 times!" Chen Daojun added.

"Boss, is this too risky? If the situation is very different from what you analyzed, we may lose a lot of money." Although Wu Shixian saw the huge benefits, the huge risks accompanying it cannot be ignored. .

"It's only a few hundred million U.S. dollars. Even if I lose money, I can still survive. If I guess right, then my profit will be at least two to three billion U.S. dollars. With such a high profit, why not take a gamble?" Chen Daojun said confidently Said that having the memory of the previous life is his most precious wealth.Even if the prediction is wrong this time and the operation is not in place, he still has other opportunities to make a lot of profits, so he doesn't have many worries like ordinary people.

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Wu Shixian was finally moved by Chen Daojun's plan and courage, and the two quickly began to prepare and layout in advance.Chen Daojun contacted Eric, the exclusive operator of Goldman Sachs Investment Bank, and asked him to cash out all the stocks in his account and withdraw the funds.

Eric was very puzzled by this sudden order. In his opinion, the current stock market is going well. Although there are occasional slight fluctuations, the overall rise continues. Why is he suddenly leaving the market?
Chen Daojun only said one thing about this, "I have found investment projects with higher returns and require a lot of cash."

……

As for Wu Shixian, the efficiency is even higher. Originally, Hanjin Shipping had good trade relations with some countries in the Middle East, especially the Gulf region.

After being connected through a middleman, Wu Shixian directly proposed that more oil needs to be purchased.The other party was immediately happy when they heard it. You must know that the price of oil has been stable for the past two years. These major oil-producing countries can obviously produce more oil and earn more profits, but due to sales channels, buyer’s market, and beautiful A series of factors, including the proposal of the United States, had to limit the daily output.

Even when part of the output overflows and cannot find a buyer, it can only be temporarily placed in the warehouse to eat ashes.

Both parties were quite satisfied with the temporary oil deal. One party was thankful that it could free up inventory, and the other party was excited to buy low-priced oil.Under Wu Shixian's order, in just two days, Han Jinhai mobilized more than ten giant cargo ships to go to the Gulf region to purchase oil.

……

In late July 1990, negotiations between Xiaoyi and Cote began.However, the two sides were at a stalemate and the negotiations eventually broke down.Xiao Yiguo took the initiative and launched an attack on the country of Kot.

The unsuspecting country of Kot was stunned by the sudden attack. After only a few hours, the country of Little Yi won a complete victory and occupied the country of Kot.The beautiful country, which is the leader of the Kurt country, is extremely dissatisfied with the shameless actions of the little Yi country, and sent a large number of reinforcements to the Gulf region to "hold justice" for the younger brother.

This sudden local conflict has a tendency to get more intense. When other countries reacted, they realized that due to the turmoil in the Gulf region, global oil production had dropped sharply, and oil prices had risen sharply.When others go to war, they suffer misfortune. It’s such a deception!

　Third update today, thank you all for your support!

　　
　
(End of this chapter)