What if I have some money as an online car-hailing driver?

Chapter 426 Holding Jinbai Oil and Gas Company

The shareholders and executives of Jinbai Oil and Gas Company were shocked after reading the short-selling reports of Star Investment and Berkshire.

why?
Because the short-selling report of Star Investment actually listed in detail that the company's shareholders and senior executives secretly embezzled part of the profits by concealing income.

Other companies' financial fraud is to inflate revenue and profits. Jinbai Oil and Gas Company's financial fraud is to conceal part of the profits. This is the difference between local tyrants and other companies.

If the revenue and profits are announced truthfully, the money earned must be shared with all shareholders.

But if part of the report can be concealed, then this part can be distributed to a few people.

A large company with a yearly revenue of trillions of dollars and a net profit of hundreds of billions of dollars, if it casually conceals the report, the actual amount is quite scary.

For example, according to the reality of the short-selling report of Star Investment, the company concealed the revenue of about 360 billion meters of gold last year, and this part of the money was distributed by more than 20 members of the royal family, including the old man Hillman who forced Maya to marry. up.

Corruption exists everywhere, and everyone is not shocked by the money, they are shocked by the intelligence capabilities of Xingchen Investment.

Who would have thought that an investment company's ability to obtain intelligence was even stronger than that of a national intelligence agency?
This horse riding is a bit unscientific.

Of course, it is impossible to obtain these accurate data if we only rely on the researchers of Star Investment.

But the intelligence department of Xingchen Defense has such capabilities. They find out the data through network intrusion and other methods and hand it over to Xingchen Investment, and then the researchers of Xingchen Investment sort out the data and make a short report.

It can be said that in the whole world, except for the government departments of some powerful countries, only Yang Chen can do this in terms of personal ability.

Researchers like Buffett and Berkshire can only analyze based on public data, but they can't find out the specific data and personnel names of Jinbai Oil and Gas Company's corruption.

Faced with such an accurate short-selling report, the shareholders of Jinbai Oil and Gas Company couldn't sit still.

The investment institutions and retail investors who were planning to fight against the royal family members lost confidence at this time, and rushed to sell the stocks they held.

Once investors in the entire market are bearish, it is really powerless to recover.

Unless the shareholders of the royal family members can mobilize nearly one trillion yuan of funds in a short period of time, the price can be completely dragged down.

Although they are indeed rich, they will never be able to quickly mobilize such a large amount of cash. Even powerful countries like the Dragon Kingdom and the United States cannot mobilize so much cash in a short period of time.

As of the close, Jinbai Oil and Gas Company's stock price plummeted 50%.

Originally, this was a good opportunity for members of the royal family to buy bottom and increase their holdings, but they have no intention of doing this at all now.

At this moment they are arguing at the shareholders meeting.

Those shareholders and executives who are not corrupt require those who have been corrupted to spit out all the money they have embezzled over the years. With this money, they can buy the bottom and increase their holdings.

But the meat in the stomach has already been swallowed, how can there be any reason to spit it out again?
Those corrupt shareholders and high-level executives pretended that they had no money, and they would return it when they had money.

What about riding a horse to coax a child?
How could other shareholders agree?
The two sides quarreled more and more intensely, and finally fought.

After the fight, institutional investors have applied to the local Securities Regulatory Commission to freeze the accounts of all shareholders and high-level officials suspected of corruption, and will refund the money from these frozen accounts after the investigation is clear.

This matter has become so big, of course the local Securities Regulatory Commission and the police must take action.

Let’s not talk about whether to refund the money, at least make a show, otherwise it will affect the goodwill of Jinbai, and even the entire United Arab Emirates.

What Yang Chen was waiting for was that the accounts of these people were frozen, and they could only watch Yang Chen and Buffett buy the bottom.

At this time, it was eleven o'clock in the evening on Longguo's side.

Poor Lanxid was sued by the bar because he had no money to pay the bill. The relevant department detained the documents of Lanxied and others, and they were not allowed to leave Longguo at will.

Jinbai's side became a mess again, and all the accounts at home were frozen, and Lan Xide could only find a way to transfer money from the Swiss bank to pay the bill.

Originally, he wanted the embassy to help pay the bill, but the embassy did not have so much cash available.

And Maya doesn't care about him, so he can only rely on himself.

The bar manager has already reminded him that if he fails to pay the bill after 12:100 noon, a late payment fee of [-] million will be added for every hour of overtime.

He can refuse to give it, but he has to be prepared to deal with the assassination of mercenaries from the Star Defense Group.

Therefore, Lanshid is very anxious now, and has been urging the Swiss bank to hurry up. If there is an extra hour of delay, he will pay an extra 100 million.

Early the next morning, there was another news from Maozi.

"Maozi and the Three Kingdoms of Azerbaijan reached a strategic cooperation agreement. The Three Kingdoms of Azerbaijan will buy no less than 1 million barrels of crude oil from Maoziguo in batches, and the price of each barrel including freight will be between 30-35 meters of gold."

As soon as this news came out, it immediately detonated the entire crude oil market.

Yesterday it was said that Maozi flipped the table, but today they did it even better, they just smashed the pot, and everyone should stop eating.

More than 20 years ago, it was difficult to buy at this price.

What exactly does Maozi mean?
Who made the decision, how can it be sold so cheaply?
Only by carefully reading the news can we know the clues of this.

The batch of oil exported by Maozi is called Ural oil, which is of very poor quality and cannot be directly used in industrial production. It must go through a purification process to obtain usable oil.

For example, Longguo imports light oil, which is a bit expensive, but the quality is very high, and it can be used to directly process various oil products.

But these can only be understood by people in the industry, or people with more knowledge. Ordinary people don't understand the difference between crude oil, petroleum, and gasoline.

They felt that Maozi had pushed down the price of oil to 30-35 meters per barrel, and the international oil price would definitely collapse.

Therefore, those ordinary retail investors placed orders and sold goods without hesitation, and quickly cleared their positions and left the market.

Yang Chen and Buffett made an agreement. When the market opens today, we will first wait for retail investors to sell in panic to suppress the price. When the price reaches around 3 meters gold, both parties will immediately enter the market to eat.

Yang Chen has studded this time, and he and Xingchen Investment have mobilized all the overseas funds, totaling about 5000 billion meters of gold.

But Star Investment also shorted the futures market and more than 30 oil companies at the same time, and they had to leave half of the funds for later buying and closing positions.

Therefore, they only have 2500 billion meters of gold available, but they have leveraged the money by 2-3 times in various banks and brokerages, and raised about 6000 billion meters of gold available funds.

Buffett also urgently raised 1500 billion meters of gold. As long as the two companies cooperate well, the money will be enough to control Jinbai Oil and Gas Company after the sharp drop.

The stock market opens.

Not surprisingly, the entire oil sector tumbled.

Because of the fight yesterday, many shareholders of royal family members who did not receive embezzled money also began to sell their shares.

Once the shares in their hands are sold off, it will directly cause the royal family to lose control of the company.

Thanks to the "efforts" of the vast majority of investors, the stock price of Jinbai Petroleum and Natural Gas Company fell below 3 meters in just 3 minutes.

According to the plan, Yang Chen and Buffett began to secretly eat goods in batches.

When the stock price fell to 2.5 meters gold, it stopped falling, and then Yang Chen and Buffett's funds began to enter the market to eat money, and before the investors who had placed the sell order reacted, they directly ate all the stocks they had placed for sale.

I saw that the stock price of Jinbai Petroleum and Natural Gas Company rose in a straight line, rising from the lowest point of 2.5 meters to 6 meters in one breath.

The whole process took less than 3 minutes, and the speed of eating goods was quite fast. It was too late for many investors to withdraw their sell orders when the stock price rebounded.

At this time, Buffett's 1500 billion gold has been exhausted, while Yang Chen's 6000 billion gold has been used up 5000 billion.

It was originally aimed at holding shares, and Yang Chen didn't keep the remaining 1000 billion meters of gold, so he ordered Jinming to buy them all.

As the dust settled in the finale, the royal family shareholders of Jinbai Oil and Gas Company belatedly realized that something was amiss.

But at this time, there are not many sell orders in the market, and the stock price fluctuates around 7.5 meters.

Even now that the royals have mobilized sufficient funds, they will not be able to buy many shares.

Star Investment and Berkshire began to count the results.

Xingchen Investment cost 6000 billion meters of gold, and won a total of 55% of the equity of Jinbai Oil and Gas Company.

Berkshire spent 1500 billion meters of gold, and the total price won about 10% of the equity of Jinbai Oil and Gas Company.

Obviously, even without the part held by Buffett, Yang Chen's Star Investment can already control Jinbai Oil and Gas Company.

However, Yang Chen is a trustworthy person. He said that he would buy the shares held by Buffett at a premium of 20% after the capital turnover in the future, and he will definitely do what he said.

Without Buffett's help this time, Yang Chen would not have been able to suppress the stock price of Jinbai Oil and Gas Company so thoroughly.

After all, the title of stock god is there, and his name is indeed more useful than Yang Chen's.

but!

That was before.

From now on, Star Investment will overtake Buffett and Berkshire to become the most famous investment company in the world.

Shorting and controlling Jinbai Oil and Gas Company will definitely become a battle for Star Investment to become king.

At this time, Jin Ming was still nervously instructing the trader to carry out the buying operation.

Because Star Investment shorted crude oil futures and stocks of major oil companies around the world before the oil price officially plummeted.

Now it is necessary to buy at a low price to close short futures and stocks. This time, the operation of harvesting the global oil market is considered complete.

Due to the time difference, it took two days to close the position, and the total profit was 1500 billion meters, and the yield was as high as 60%.

After the funds were recovered, Yang Chen immediately proposed to buy the shares of Jinbai Oil and Gas Company held by Berkshire with Buffett.

but!

Buffett turned it down.

why?

Because Buffett originally thought that Yang Chen's funds would not be too much, at most around 2000 billion gold.

With this money, Yang Chen can buy about 20% of the shares.

Berkshire's 1500 billion meters of gold purchases should account for between 10% and 15% of the equity.

In this case, even if all Berkshire's purchases are sold to Yang Chen, Yang Chen's total shareholding ratio is not enough to control Jinbai Oil and Gas Company.

As long as Yang Chen can't control Jinbai Oil and Gas Company, the money he invested may be wasted at any time.

why?
Because the members of the Jinbai royal family shareholders can dilute Yang Chen's shareholding by issuing additional shares, which eventually caused Yang Chen to invest a huge amount of money but failed to achieve the goal of controlling Jinbai Oil and Gas Company. He could only act as a financial investor and wait for dividends.

But the situation is different now, beyond Buffett's imagination.

Yang Chen already holds 55% of the shares, and no one can influence him.

If Buffett sells another 10% of the shares held by Berkshire to Yang Chen, and Yang Chen spends some more money to buy about 2% of the shares, he will realize the absolute control of Jinbai Oil and Gas Company.

Once Yang Chen absolutely controls Jinbai Petroleum and Natural Gas Company, it will not only be a simple matter of investment income, but also a matter related to oil strategy, and even international relations and structure.

Yang Chen just wants Jinbai Petroleum and Natural Gas Company to sell cheap oil and natural gas to Longguo, and then sell it to other countries at a high price to make money to subsidize the part that Longguo earns less or even loses money. Have you supported the people of the Dragon Kingdom?
How can this work?
This must not be allowed to happen.

Therefore, Buffett rejected Yang Chen's request to acquire the 10% equity, and said that he would not sell it for any amount of money.

However, after this battle, Buffett completely convinced Yang Chen.

Therefore, he deliberately asked Yang Chen to meet and explain.

"I can't say some things clearly, but I believe that Mr. Yang should be able to understand my difficulties. If I sell this part of the equity to you, I will be investigated when I go back. I am sorry that I broke my promise, and I express my sincerity to Mr. Yang My apologies." Buffett said embarrassingly.

To be honest, Yang Chen didn't expect that he could acquire so many shares at the beginning.

Now only 10% of Buffett's equity is missing to be able to absolutely control Jinbai Oil and Gas Company, Yang Chen certainly doesn't want to miss such a golden opportunity.

"I can probably understand what Mr. Buffett means. However, I still hope that Mr. Buffett can sell me the 10%. The price is negotiable, how about a 50% premium?" Yang Chen asked.

Buffett: "Mr. Yang, this is not a matter of money. To tell you the truth, I have received an order from our country to keep this 10% stake and absolutely not let you get it. So, I really can't Sell ​​it to you. Not to mention a 50% premium, if you pay a 5 times premium, I can’t even sell it to you. Many strategic things can’t be bought with money. However, I really admire Mr. Yang’s methods. This battle has greatly exceeded my expectations. To be honest, if I had expected this situation, I would never be able to help you. You are terrible. I think in the near future, you will definitely become a man who conquers the world .”

Yang Chen: "Mr. Buffett, don't paralyze me. Let's get down to business, can't you really think about it?"

Buffett shook his head and said, "I really can't think about it anymore. I hope Mr. Yang can understand."

Yang Chen: "Okay! Then I can reap you."

Buffett froze, and after a few seconds, he laughed and said, "Mr. Yang, don't scare me. You must be kidding me, right?"

Harvest Buffett?
Is this an idea that people on earth dare to have?
Even if you eat a peanut while drinking, you can't get drunk like this.

Buffett's smile is a confident smile, but also a contemptuous smile.

Unless the US government takes action, no one can harvest Buffett.

Yang Chen smiled slightly, like a smiling assassin, and said: "Mr. Buffett, do you think I am joking with you? I have given Mr. Buffett face over and over again, but you seem to take this for granted. I have something good to think about." You, you think you can’t do it, and I won’t force you. You want to do it later, but I didn’t gossiping and accepted you. We agreed in advance to operate together, and when my capital turnover comes, I will buy the one you bought at a premium of 20% Part of the equity. Now you are telling me this nonsense and breaking the contract, do you think I will joke with you?"

The smile on Buffett's face gradually disappeared. He could see Yang Chen's seriousness, and felt Yang Chen's displeasure. He also believed that Yang Chen would dare to do what he said.

However, he really couldn't think of how Yang Chen could reap him.

Buffett: "It can be seen that Mr. Yang is very serious, so can I ask you how you plan to operate?"

Yang Chen: "Can I tell you in advance? Alright, let's stop here today. I've already had a showdown with you, and then we'll see who is stronger. Bye bye, I'll go first I won’t see you off tomorrow, I wish you a safe journey.”

Looking at Yang Chen's leaving back, Buffett secretly had an ominous premonition in his heart.

Tomorrow, I have to go back to my country as soon as possible, and gather a team to study my own flaws.

As long as he has no flaws, Yang Chen can't harvest even if he wants to.

Star Investment and Berkshire jointly shorted Jinbai, a natural gas company that shocked the global capital market.

Short selling has been unpopular since ancient times.

When Soros shorted Southeast Asia, his reputation was not good, and he was always called a financial robber.

Another example is that Muddy Waters shorted Ruixing Coffee a while ago, and it also received a lot of abuse.

But short selling in the capital market is also a form of investment. As long as it succeeds, it will still be praised by people in the circle.

As for the comments and abuse of ordinary people, what is it compared with real money?
Therefore, as long as there is an opportunity to short, those institutions will not be soft.

At this time, the capital market of Longguo was also jubilant.

After all, Longguo has launched an investment company that can stir up the world's capital.

In the past, Long Kingdom could only be harvested by foreign capital. Now Long Kingdom finally has companies that can harvest foreign wealth. Of course, Long Kingdom people are happy.

No, related topics such as "Star Investment shorted Jinbai Oil and Gas Company", "Star Investment teamed up with Buffett", "Star Investment Holding Jinbai Oil and Gas Company" and other related topics rushed to the hot search lists of major platforms.

Both the capital circle and ordinary netizens came to leave messages and congratulations.

"Awesome! As an investor who has been in the industry for 25 years, this may be the best news I have heard in my life. We finally have a company in Longguo that can harvest foreign capital. This day will definitely be recorded in Longguo In the history of capital, this battle will surely become a classic case in the world investment community.”

"Haha... I bought stocks with Xingchen, and I have already earned a house. I didn't expect them to be so powerful, and they could join hands with Buffett to harvest foreigners."

"I want to know who the boss of Xingchen Investment is? Why do I only report on the CEO Jin Ming all the time, but never see any news about the boss behind it? Accurately describe what he is capable of. I have never heard of a failure if he makes a shot anyway."

"I want to ask Xingchen Investment to hold Jinbai Petroleum and Natural Gas Company, does it mean that we can use cheap oil in the future? After all, Xingchen Investment is our Longguo company, and they will definitely sell it to Longguo Petroleum at a lower price. "

"It's not that I'm hypocritical. When I saw news reports that Xingchen Investment won 55% of the shares of Jinbai Oil and Gas Company, I was really moved to tears. Before that, our company could only be harvested by foreign capital in the international market. Even Our big A has also been repeatedly harvested by foreign funds, especially the 15 stock market crash. I have been looking forward to the day when we can form a powerful investment company, and we can also harvest foreign funds Capital, let them pay a heavy price for their previous actions. I will retire soon, and finally waited for Star Investment before retirement. No matter who the boss behind the scenes is, I have to say thank you to him. Even if I die now , I have no regrets."

(End of this chapter)