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."
Taking the document in her hand and looking at it, a smile appeared on her face.
"Closed the position? I thought they could hold on for a few more days."
"This time, Larry Ellison lost at least 5 billion US dollars."
Lv Hui admired Looking at the boss in front of him, facing the encirclement and suppression of top institutions and super-rich people such as Ellison, Elliott Management Company, Goldman Sachs, Soros, etc., he not only made a lot of money, but also caused heavy losses to the other party.
This kind of ability is amazing.
“If you are losing money now, it 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 backhand and go long in crude oil. When the Iraq War breaks out, they can make back all their losses.
You will even make a lot of profits.
"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 Card Duo Gen 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 got it, 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 Iraq war is becoming more and more clear, there is basically no surprise in this round of short selling.
But if you want to reap the benefits, you have to wait at least until April, and there is still some waiting.
At present, SARS is becoming more and more severe in China. 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 planning 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 in China and the Japanese market abroad.
If you have enough funds, you can completely 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.
The last one is Hongmeng.
The most important thing for Hongmeng Company now is not money, but the network of relationships.
Series B financing is coming soon, and Hongmeng will have more money coming in.
Finally there is Hongyan. 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 starting construction in the area will cost at least several billion dollars.
Then there is the 15% stake in Standard Chartered Bank held by the Qiu family.
With 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, its influence on it will be stronger.
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 looked 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 the nursing home. The loss this time is too heavy. It was a heavy blow to him.”
“Huh, it was a heavy blow to all of us who were involved. We were invited by him in the first place, but now he ran away first.”< br>
Howard Eisen said coldly: "Paul, the money Larry lost was all his own money. What about you? Even if you lose everything, it is just a loss for customers. Elliott, Quantum Fund and even You can also earn money from management fees.
So don't make sarcastic comments here.
If you really lose 6 billion US dollars, can you still sit here peacefully? "
"Okay, everyone, calm down. I know that this heavy loss has made everyone angry, but the most important thing now is not to be angry, but how to recover from this loss. "John Thornton said quickly.
Everyone turned and looked over.
"John, what do you have in mind? asked Carey Killinger 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 Bank, 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 the information obtained 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 the largest oil producer in the Middle East after Saudi Arabia, the war broke out in Iraq. I believe everyone knows what impact it will have on oil prices.”
Paul Singer and others’ eyes lit up instantly.
"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 you let him live in your ancestral home, and the money you earn will be Would you agree to give him half?”
"I'll beat his ass with an M16."
Howard Eisen said decisively.
John Thornton shrugged, "I think Saddam thinks so too. Moreover, Iraq's military equipment is not bad. It uses millions of well-equipped troops and is fighting on its own soil. He doesn't think so. I can’t stop the American soldiers.”
Looking at the brightening eyes of everyone, 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 we may also be able to make even bigger profits.”
After everyone thought for a moment, Alexander Soros smiled and said: "It seems that we should invest more money."
"If you want to raise money, do it as soon as possible. The war may break out when." John Thornton said.
(End of this chapter)