latelenovela Chapter 157
Chapter 157
Chapter 157: Utah, Kraisin Oil Company, 900 million Hong Kong dollars to enter! Moor in the Mediterranean!!
Kwun Tong District, Kowloon.
Starry Sky Culture Headquarters.
Chairman’s Office.
“Well done.”
After reading the document seriously, Song Tianyao looked at Dahua, who was sitting on the side, and said with a smile.
“It’s all done as you tell you.”
Dahua didn’t feel that he had any credit.
The voice turned, and he said with some surprise: “Brother Yao, I didn’t expect the liquidated damages to be so high, and Tung Chee-hwa could agree.” ”
“Oriental Shipping is now insolvent, struggling, on the verge of bankruptcy, not to mention five times, I estimate, ten times Tung Chee-hwa can agree.”
Song Tianyao said with a smile.
“Then why not sign a tenfold liquidated damages?”
Dahua thought about it and said with some doubts.
Since they all speculate that Tung Chee-hwa can accept it, why don’t they make higher demands?
“Five times is enough, no matter how high it is, there is no need.”
Song Tianyao shook his head and didn’t explain much.
For this matter, he did not reveal much to Dahua.
Just briefly mentioned the request.
There are only two important points.
First, the liquidated damages must be five times the transportation cost.
Second, the time limit is mid-January of 79, and the transportation time is five months.
As for the deep meaning of such an arrangement.
Song Tianyao didn’t say, Dahua naturally didn’t know anything.
However, seeing these requirements, Dahua probably guessed that he wanted to do something.
Back to business.
Song Tianyao signed an agreement with Oriental Shipping Company not to buy or sell oil.
The contract was signed in the middle of January of ’79.
At that time, the war began to break out, and the oil crisis was already in sight.
Prices skyrocketed directly.
With the shrewdness of those ghost guys, they must be willing to sell the crude oil in their hands and cover the source of the goods.
These are precedents in the first oil crisis.
By that time, the yellow cauliflower was cold, and no one with money could buy crude oil.
So, as early as after the release of Indiana Jones in November.
Song Tianyao mobilized all the funds he could use.
When it is possible to maintain the operation of the company.
He can mobilize HK$900 million in cash.
And the task of buying these crude oils.
Handed over to Aze to deal with.
After so much time in the management of Galaxy Real Estate, Aze has long been tempered and can completely handle this matter.
As soon as the funds are in place.
He asked Deng Jianjun to lead the team to follow Aze to the United States.
There is only one goal, to buy crude oil.
Destination: Lake Salt City, Utah, USA.
There is an oil company ranked 58th in the world’s top 500 companies.
Sinclair Oil Company.
The original body was acquired by the American Atlantic Oil Refining Company in six or nine years, but it still maintained its original name.
Aze and they are estimated to have arrived, maybe they are already in the process of negotiation.
Now, the price of crude oil is $13 a barrel.
This translates to a little more than HK$87.
900 million Hong Kong dollars, for the world’s top 500 companies, is also a big business, naturally not afraid of not being able to buy crude oil.
After all, the current Yilang War has no warning at all.
Yilang’s war was against the United States, and it also expelled all pro-Mi people in the country, which led to the oil crisis.
900 million Hong Kong dollars can buy almost 10.35 million barrels of crude oil.
It is estimated that this business will make the head of Sinclair laugh out loud.
However, if only to wait until next April.
When a barrel of crude rose to $39.50, the person in charge could cry out that Utah is located in the western part of the United States.
Public security is average, guns are rampant.
Even though the Shield Fox combatants have experienced a hundred battles, they are in a foreign country and have no support.
Do not fight unprepared wars.
So.
In order not to have surprises.
Song Tianyao instructed Aze after buying these crude oils.
Delivered directly to the steamer, moored in the Mediterranean.
No docks at any national marina.
Until the price of crude oil soars, it is transported until the sun does not set and all are sold, and then it will make a lot of money.
Even if it is sold at a reduced price.
At that time, 900 million Hong Kong dollars will become 2.7 billion Hong Kong dollars, and this is not counting a fraction.
At first glance, it has only tripled.
It doesn’t seem like much.
But there is one thing to be aware of.
This is not a small amount of money.
It’s over 100 million dollars.
If you want to double the normal business, there is no long time to pile up, and it is basically impossible.
And buy oil.
It takes less than half a year.
You can achieve triple the profit, which can be described as fearful.
Therefore, speculation is the opportunity to get rich quickly.
Now that the tanker has been chartered and everything is arranged, a new problem arises.
Why charter Oriental Shipping ships in mid-January next year?
There is also no cargo to transport.
In fact, it was Song Tianyao who wanted to annex Eastern Shipping.
The oil crisis is an opportunity.
After all, Oriental Shipping is a bit in debt.
Again, the emaciated camel is bigger than the horse, and the assets of Oriental Shipping are still more than 100 million.
Adding up, according to the normal purchase price, he had to pay a price of one billion to eat Oriental Shipping.
Song Tianyao naturally didn’t want to come up with so much.
Oriental Shipping is not worth so much, or cash flow.
The most valuable thing in a business is cash flow, how can you spend so much money on a company.
Therefore, we can only pit Tung Chee-hwa.
The transportation cost signed on the contract is more than 90 million Hong Kong dollars.
The transit time point is limited to five months after the middle sentence of January.
Liquidated damages, HK$460 million.
Oil prices fluctuate in early January.
And that point in time of the limit.
It happened to be at the stage of the soaring price of oil.
If Tung Chee-hwa wants to fulfill this contract.
Then you have to buy oil that is three times more expensive.
This is why the sun never sets first.
Go around Yilang again, and the middle route actually overlaps somewhat.
The main purpose is to consume oil.
Let Tung Chee-hwa not be able to afford this money, and go bankrupt directly after fulfilling the contract.
However, if you do not perform the contract, you will face high liquidated damages and bankruptcy.
When the time comes.
It was the timing of Song Tianyao’s acquisition of Oriental Shipping.
The price is half lower than before.
The funds for the acquisition are basically used to repay the liabilities of Oriental Shipping.
As for Tung Chee-hwa, he will not get too much. It’s not bad to be a little rich man with money.
It’s not like it’s on the streets.
Therefore, five times the liquidated damages are enough.
And Song Tianyao, from beginning to end, paid the deposit of 20 million Hong Kong dollars.
If Tung Chee-hwa wants to fulfill the contract, it doesn’t matter, it’s the same result anyway.
After all, Oriental Shipping doesn’t have much money on its books.
The deposit of 20 million Hong Kong dollars is enough at the current oil price.
But as soon as the price of oil rises, it is not enough.
At that time, the freighter will have to stop halfway through without replenishment.
on the contract.
However, a special rule has been added: the shield fox will only pay the subsequent funds after the transportation is completed.
Tung Chee-hwa naturally did not pay much attention to this requirement at this time, and the gladly signed regulations could only be seen in January to show its power.
Song Tianyao hopes that Tung Chee-hwa can get a little better at that time.
Don’t know that things can’t be done, and force your head, that’s stupid.
However, if Tung Chee-hwa is iron-headed, Song Tianyao will not stop it.
It’s just a little distressed.
Although the fuel consumed was paid for by Oriental Shipping.
However, it was the deposit of the shield fox.
That is, Song Tianyao’s money.
Round it up.
That’s still his money.
Therefore, Tung Chee-hwa, be eye-catching, don’t engage in worthless ones.
Shake your head and push the absurd thoughts out of your head.
Song Tianyao dialed the phone of the finance department: “Director Tang, according to the fax sent by my secretary, I will pay 20 million Hong Kong dollars to Oriental Shipping tomorrow.” ”
“Okay, Chairman.”
Such a large sum of money.
Without his opening, the finance department would not dare to make decisions.
The provincial finance department will come to ask for instructions.
Arrange the payment.
Hanging up the phone, Song Tianyao was in a good mood, looked at Dahua and said with a smile: “This thing is done beautifully, just in time for dinner, I invite you to eat.” ”
“Then I’ll have a good meal.”
Dahuahan smiled and nodded.
“Don’t be poor, you will rarely have such a meal now?”
Song Tianyao shook his head funny.
“Hey, that’s not necessarily, Brother Yao, you are a Hong Kong Island celebrity now, how many paparazzi want to secretly photograph you, maybe I will be in the newspaper headlines tomorrow.”
Dahua teased with a smile.
“Fuck off, if you want to be a celebrity, how can you use such trouble, I’ll invest you in a salty and wet film, you are the male lead, there is cool and earned, how about it?”
Song Tianyao quipped with a smile.
“Forget it, I’m not interested in this.”
Dahua waved his hand and quickly refused
“Let’s go, let’s eat.”
Song Tianyao greeted, picked up his suit jacket and left the company with Dahua.