Rebirth 1980: Marrying my sister’s best friend at the beginning
Chapter 771: Sandy pleads guilty!
Outside London. Castle Manor!
In the conference room, all team members affiliated with Xingchen Investment Company and Far East Club gathered together.
With the successful completion of the acquisition of Sheffield Steel Company, the last 1000 million tons of futures contracts have also been offset by the company's internal debt. At this point, their investment trip to London is about to come to an end.
Therefore, this morning, Li Yi asked Pang Feiyan, Zhang Qiusheng and others to go to the exchange to make the final settlement of the results of this investment.
Now, the settlement results have come out, and everyone gathered together just to see the results of this trip to London.
In the main seat of the conference room, Li Yi looked at the excited and excited expressions of everyone, and he felt very happy.
With a slight cough, he immediately said: "I know everyone wants to know how much money I made this time, so I won't waste my time. Feiyan, please tell everyone the calculation results!"
"Yes, boss!"
Later, Pang Feiyan forced herself to calm down her excitement, then took out a document and read it: "In this trip to London, we invested 570 billion Hong Kong dollars, totaling 35.6 billion pounds. After more than three months of investment, We made a profit of 7.86 million pounds from investing in copper futures and 9.54 million pounds from investing in aluminum futures!”
"In addition, we made a book profit of 68 billion pounds from investing in steel futures and 18 billion pounds from investing in current steel. Therefore, the book profit from this investment is around 103 billion pounds."
hiss!
Before he finished speaking, everyone in the conference room couldn't help but take a breath.
Everyone was shocked by this terrifying number, 103 billion. What’s more, it was pounds!
If this is converted into Hong Kong dollars, it would be tens of billions. I have never seen so much money even if I burn paper!
Just when everyone was shocked, Li Yi spoke: "Feiyan is only talking about book surplus. In fact, our net profit is far less than that. Mainly when investing in steel futures, although we have a profit of 68 billion, But we had 1000 million tons of current steel and 1000 million tons of futures contracts that we didn’t sell, so when settling with the institution, we actually paid the institution £4 million in cash.”
"In addition, when we acquired Sheffield Steel Company, we not only invested 31 billion pounds in cash, but also assumed most of the company's debt, which was directly offset by the 1000 million tons of futures contracts."
"Then on the spot market, the 1000 million tons of steel we purchased before have not been sold yet, so now we only have 4 million pounds in cash, 2000 million tons of steel, and a half-dead company!"
Hearing this result, everyone was stunned again!
As for the promised 100 billion profit, how come after all the hard work, the money has not been seen, and only 35 million of the principal of 4 billion pounds is left?
For a moment, everyone's eyes fell on Li Yi!
Of course Li Yi knew what everyone was thinking.
At the moment, he smiled and said: "Although this result surprises everyone, we have 2000 million tons of steel in hand. According to the market price, these steels are worth at least 72 billion pounds!"
As soon as he finished speaking, Zhou Xinghua said immediately: "Li Sheng, although there is indeed not enough steel on the market now, not everyone can afford the 2000 million tons of steel we have!"
Zhang Qiusheng also echoed: "If so much steel flows into the market at once, it will inevitably have an impact on the market price."
Before he could finish speaking, Li Yi said with a smile: "Who told you that our 2000 million tons of steel will enter the market!"
"Li Sheng, how can we cash out without flowing into the market?" Zhou Xinghua frowned.
"Isn't there still a futures market?" Li Yi said lightly.
"Futures market?"
Soon everyone thought of Sheffield Steel Company!
Now that this company has been acquired by them, of course they can hand over the steel in their hands to Sheffield Company and let them sell it to the futures market.
Compared with the spot market, the futures market withdraws funds faster!
"Li Sheng, we haven't officially taken over the company yet. I heard that the Sheffield Company is currently in chaos. They..."
Before Zhou Xinghua could finish speaking, there was a sudden knock on the door of the conference room.Then, Li Yi's personal bodyguard Zhang Ziqiang opened the door and walked in, then walked to Li Yi and said a few words.
Then, after Li Yi and Zhang Ziqiang exchanged a few words, they immediately stood up with a smile and said: "The Henry family are here, let's go out and meet them!"
After finishing speaking, Li Yi strode towards the hall outside!
When Li Yi brought Li Yunbao, Zhou Xinghua and others to the living room downstairs, Zhang Ziqiang also walked in with three men dressed as gentlemen.
Among the three people walking in the middle was an old man in his 60s, and on each side was a middle-aged man in his 40s. One of them, Li Yi, had met before, and he was the general manager of Sheffield United Steel Company.
For the past five years the Sheffield Steel Company has been in his charge.
Seeing Li Yi surrounded by stars in the living room, Sandy felt extremely complicated.
When he first heard the name Li Yi, he didn't take this young man seriously at all. He was just an Eastern upstart who didn't know the rules and couldn't make any big waves.
But what I never expected was that this young man would take the Sheffield Steel Company away from the Sassoon family in just a few months, just like pulling a tooth from a tiger's mouth.
The most unimaginable thing is that this young man only used 31 billion pounds and 1000 million tons of steel futures contracts to do this.
As the general manager of this company, no one knows the value of Sheffield Steel Company better than Sandy. That is to say, the fools of the Sassoon family insist on using the largest steel company in the empire as a financial tool.
If the company regains its previous productivity, its market value will increase three to five times as the market recovers.
Unfortunately.
Before Sandy could express his emotions, Li Yi stood up directly on the main seat, and then took the initiative to say to him: "Mr. Sandy, we meet again!"
Sandy sighed and said, "Lee, we lost!"
Then he pointed to the old man next to him and said: "This is my father. You can call him Old Henry. Let's come here today."
Before he could finish speaking, Li Yi interrupted him and said, "I know you are here to sell me shares, but unfortunately, I will not accept your family's shares!"
At this time, Old Henry hurriedly said: "Mr. Li, we know that Sandy has offended you before, so we have brought him over now and asked him to apologize to you. In the words of your big Eastern country, this is called back-forcing." .”
"I'm asking for forgiveness!"
The corners of Li Yi's mouth couldn't help but twitch, and he apologized profusely!
"Yes, I am asking for forgiveness, and our family has decided to send Sandy to America tomorrow to express our family's apology and ask you to forgive him for his previous wrong actions!" Old Henry said.
Hearing this, a meaningful smile suddenly appeared at the corner of Li Yi's mouth, and then said: "Mr. Henry, do you think I don't take your family's shares in order to retaliate against Mr. Sandy for what happened before?"
"Isn't it?"
"Haha, of course not. If I really want revenge, I won't come to you. Instead, I should go to the Sassoon family!" Li Yi said lightly.
"Then why don't you accept the shares of our company?" Sandy asked in a deep voice.
"Because I want to cooperate with your Henry family, or to be more precise, I want to cooperate with Mr. Sandy!" Li Yi said.
"Cooperation. Mr. Li Yi, what do you mean by cooperation?"
Li Yi immediately said: "How about your Henry family retaining all 5% of the shares, and Mr. Sandy continuing to serve as the general manager of Sheffield United Steel Company?"
As soon as these words came out, everyone in the whole living room was stunned.
(End of this chapter)
In the conference room, all team members affiliated with Xingchen Investment Company and Far East Club gathered together.
With the successful completion of the acquisition of Sheffield Steel Company, the last 1000 million tons of futures contracts have also been offset by the company's internal debt. At this point, their investment trip to London is about to come to an end.
Therefore, this morning, Li Yi asked Pang Feiyan, Zhang Qiusheng and others to go to the exchange to make the final settlement of the results of this investment.
Now, the settlement results have come out, and everyone gathered together just to see the results of this trip to London.
In the main seat of the conference room, Li Yi looked at the excited and excited expressions of everyone, and he felt very happy.
With a slight cough, he immediately said: "I know everyone wants to know how much money I made this time, so I won't waste my time. Feiyan, please tell everyone the calculation results!"
"Yes, boss!"
Later, Pang Feiyan forced herself to calm down her excitement, then took out a document and read it: "In this trip to London, we invested 570 billion Hong Kong dollars, totaling 35.6 billion pounds. After more than three months of investment, We made a profit of 7.86 million pounds from investing in copper futures and 9.54 million pounds from investing in aluminum futures!”
"In addition, we made a book profit of 68 billion pounds from investing in steel futures and 18 billion pounds from investing in current steel. Therefore, the book profit from this investment is around 103 billion pounds."
hiss!
Before he finished speaking, everyone in the conference room couldn't help but take a breath.
Everyone was shocked by this terrifying number, 103 billion. What’s more, it was pounds!
If this is converted into Hong Kong dollars, it would be tens of billions. I have never seen so much money even if I burn paper!
Just when everyone was shocked, Li Yi spoke: "Feiyan is only talking about book surplus. In fact, our net profit is far less than that. Mainly when investing in steel futures, although we have a profit of 68 billion, But we had 1000 million tons of current steel and 1000 million tons of futures contracts that we didn’t sell, so when settling with the institution, we actually paid the institution £4 million in cash.”
"In addition, when we acquired Sheffield Steel Company, we not only invested 31 billion pounds in cash, but also assumed most of the company's debt, which was directly offset by the 1000 million tons of futures contracts."
"Then on the spot market, the 1000 million tons of steel we purchased before have not been sold yet, so now we only have 4 million pounds in cash, 2000 million tons of steel, and a half-dead company!"
Hearing this result, everyone was stunned again!
As for the promised 100 billion profit, how come after all the hard work, the money has not been seen, and only 35 million of the principal of 4 billion pounds is left?
For a moment, everyone's eyes fell on Li Yi!
Of course Li Yi knew what everyone was thinking.
At the moment, he smiled and said: "Although this result surprises everyone, we have 2000 million tons of steel in hand. According to the market price, these steels are worth at least 72 billion pounds!"
As soon as he finished speaking, Zhou Xinghua said immediately: "Li Sheng, although there is indeed not enough steel on the market now, not everyone can afford the 2000 million tons of steel we have!"
Zhang Qiusheng also echoed: "If so much steel flows into the market at once, it will inevitably have an impact on the market price."
Before he could finish speaking, Li Yi said with a smile: "Who told you that our 2000 million tons of steel will enter the market!"
"Li Sheng, how can we cash out without flowing into the market?" Zhou Xinghua frowned.
"Isn't there still a futures market?" Li Yi said lightly.
"Futures market?"
Soon everyone thought of Sheffield Steel Company!
Now that this company has been acquired by them, of course they can hand over the steel in their hands to Sheffield Company and let them sell it to the futures market.
Compared with the spot market, the futures market withdraws funds faster!
"Li Sheng, we haven't officially taken over the company yet. I heard that the Sheffield Company is currently in chaos. They..."
Before Zhou Xinghua could finish speaking, there was a sudden knock on the door of the conference room.Then, Li Yi's personal bodyguard Zhang Ziqiang opened the door and walked in, then walked to Li Yi and said a few words.
Then, after Li Yi and Zhang Ziqiang exchanged a few words, they immediately stood up with a smile and said: "The Henry family are here, let's go out and meet them!"
After finishing speaking, Li Yi strode towards the hall outside!
When Li Yi brought Li Yunbao, Zhou Xinghua and others to the living room downstairs, Zhang Ziqiang also walked in with three men dressed as gentlemen.
Among the three people walking in the middle was an old man in his 60s, and on each side was a middle-aged man in his 40s. One of them, Li Yi, had met before, and he was the general manager of Sheffield United Steel Company.
For the past five years the Sheffield Steel Company has been in his charge.
Seeing Li Yi surrounded by stars in the living room, Sandy felt extremely complicated.
When he first heard the name Li Yi, he didn't take this young man seriously at all. He was just an Eastern upstart who didn't know the rules and couldn't make any big waves.
But what I never expected was that this young man would take the Sheffield Steel Company away from the Sassoon family in just a few months, just like pulling a tooth from a tiger's mouth.
The most unimaginable thing is that this young man only used 31 billion pounds and 1000 million tons of steel futures contracts to do this.
As the general manager of this company, no one knows the value of Sheffield Steel Company better than Sandy. That is to say, the fools of the Sassoon family insist on using the largest steel company in the empire as a financial tool.
If the company regains its previous productivity, its market value will increase three to five times as the market recovers.
Unfortunately.
Before Sandy could express his emotions, Li Yi stood up directly on the main seat, and then took the initiative to say to him: "Mr. Sandy, we meet again!"
Sandy sighed and said, "Lee, we lost!"
Then he pointed to the old man next to him and said: "This is my father. You can call him Old Henry. Let's come here today."
Before he could finish speaking, Li Yi interrupted him and said, "I know you are here to sell me shares, but unfortunately, I will not accept your family's shares!"
At this time, Old Henry hurriedly said: "Mr. Li, we know that Sandy has offended you before, so we have brought him over now and asked him to apologize to you. In the words of your big Eastern country, this is called back-forcing." .”
"I'm asking for forgiveness!"
The corners of Li Yi's mouth couldn't help but twitch, and he apologized profusely!
"Yes, I am asking for forgiveness, and our family has decided to send Sandy to America tomorrow to express our family's apology and ask you to forgive him for his previous wrong actions!" Old Henry said.
Hearing this, a meaningful smile suddenly appeared at the corner of Li Yi's mouth, and then said: "Mr. Henry, do you think I don't take your family's shares in order to retaliate against Mr. Sandy for what happened before?"
"Isn't it?"
"Haha, of course not. If I really want revenge, I won't come to you. Instead, I should go to the Sassoon family!" Li Yi said lightly.
"Then why don't you accept the shares of our company?" Sandy asked in a deep voice.
"Because I want to cooperate with your Henry family, or to be more precise, I want to cooperate with Mr. Sandy!" Li Yi said.
"Cooperation. Mr. Li Yi, what do you mean by cooperation?"
Li Yi immediately said: "How about your Henry family retaining all 5% of the shares, and Mr. Sandy continuing to serve as the general manager of Sheffield United Steel Company?"
As soon as these words came out, everyone in the whole living room was stunned.
(End of this chapter)
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