Chapter 286 Profits

Director Huang's regret is fleeting.

He looked at the jumping white line on the screen and closed his eyes and said, "Now the oil price is only a small shock. Maybe there is some bearish news, but the general direction will not change. As the war progresses, oil prices will rise all the way. Unless Iraq is completely destroyed of its war strength.

The second half of his sentence is to look at the fat expert.

Except for Zhu Enbo, the only ally he can win is him. Zhu Enbo's identity is too low, and it's also good to trick this military expert into warming up the field.

For decades of officialdom, where a stupid expert in a school can resist. The fat expert was deceived by Director Huang's firm tone and neat movements, and what Director Huang said was exactly what he wanted to say. Therefore, without any twists and turns, the fat expert said with a smile, "I agree. Iraq's air force and air defense force are a little weaker, but the armored forces are extremely strong, and they are not much Destroy, when the ground war comes, these armies will surprise the Americans..."

Su Cheng completely gave up correcting him and commanded his traders to go.

Director Huang is still saying something that oil prices will rise. Su Cheng just sighed. If it rises, he is reluctant to sell it. If it falls, it is a common mistake for amateurs to expect a rebound. For those who can't control themselves according to the stop loss point, the best way to deal with such problems is to stay away from the market...

Director Huang is a standard amateur, but he has a degree in economics and a bureau leader. As a result, he is not far away from the futures market, but also led the operation.

Fortunately, many orders of the State Reserve have been thrown away, and the pure mouth cannon has no impact on Su City.

Director Huang, Zhu Enbo and the cadres who participated in this matter, have nothing to do with Su Cheng.

Oil prices have fallen again and again, like a slide.

It was almost lunchtime, and the oil price fell below $30. There was no pause in the middle, and there was no barrier at all. It gradually fell down like that, and then continued to slowly go down, so that there was no end to it.

Duan Yuanguang secretly calculated himself, tilted his body, and said to Mr. Zhou and Mr. Su, "On the 16th, Dahua made 200 million US dollars. When it rose just now, it made a stubble of money. When it fell, did it also make a stubble?"

Professor Dai whispered "Yes" and said, "When it rose, it was 40 million barrels of oil, making more than 4.5 billion yuan. When it fell, there were more than 40 million barrels. If the average price was 40 dollars, it is now 400 million again."

"A billion dollars." This time, Mr. Zhou couldn't calm down.

The foreign exchange reserves of the country have just exceeded the $10 billion mark. In just a few days, a company has made so much money... In fact, everyone is a little stunned.

"How to deal with this matter?" Director Mao asked cautiously.

"What to deal with?" Mr. Zhou stared and said, "The country has no loss. [China] Chinese enterprises have made money, which is a good thing. However, don't publicize it. Take a look at the State Reserve Center and almost lose tens of millions of yuan. This boy from Sucheng is a talent in the futures market. However, it is also very dangerous.

Director Mao nodded thoughtfully. With such an upper order, every word has to be chewed clearly.

Su Zhenguo also said, "This futures market is changeable and unpredictable. We should learn, but the capital should not be too big."

"After I go back, I will rectify the State Reserve Center." Director Mao's words determined the fate of Director Huang and Zhu Enbo.

Director Mao is the deputy director in charge of the State Reserve Bureau, and Su Zhenguo is the director of the overall situation. The decision they made together is fatal to the State Reserve Center. Director Huang looked at them and his heart hung in the air. When he saw Director Mao's smile, his heart immediately fell, like an oil price, and fell in two halves.

Su Cheng stretched out and announced the end of the most intense stage.

The current oil price fluctuated between $25 and $30, returning to the pre-war level. Soon, with the leakage of the results of the air strike, the oil price will fall to the range of $20 and $25. Then, with the failure of the Iraqi ground battlefield, the oil price will fall below $20, and finally stop here. Li.

For Su Cheng, he has invested 600 million yuan in his pocket, and 100 million US dollars remain in the futures market as margin. When the oil price falls to about $20, he will make a profit of $800 million.

If everything goes according to the plan and the ground battle of the Gulf War ends, the total cash volume of Dahua Industry will exceed 1.5 billion US dollars, with total assets of more than 1.7 billion US dollars.

It can be said that Western oil companies, which tried their best to restrain, gave up their good profit prospects and all made Sucheng cheaper. The $1.5 billion in profits from the Gulf War will eventually be passed on to American consumers.

Although Su Zhenguo and others can't see the $500 million profit from the continued downward price of oil prices, the $1 billion profit is surprising enough for them.

Mr. Zhou quickly called Su Cheng to his side and asked carefully.

Even national leaders can't despise $1 billion. However, it is difficult for Su Cheng, a futures trader who relies solely on "early knowledge" to give constructive opinions. Everyone can only look at him with envy and attribute success to messy things such as luck and talent.

After a while, the price in the futures market stabilized.

The staff of Dahua and the State Reserve Center packed up their equipment and left. Director Huang turned around and walked out of the dreamland in three steps, which was also his last step in his life.

Zhu Enbo walked decisively. He made a bigger mistake than Director Huang. He not only lost the official position of the director, but also made it difficult to stay in the State Reserve Center.

Su Cheng was left in the room by Mr. Zhou.

After the idle people left, Mr. Zhou asked with a smile, "Su Cheng, what's your next plan?"

At this time, any mistake or omission may change things. Su Cheng suppressed his desire to answer quickly, thought about it carefully, and then made a decision and replied, "I'm going to expand the construction of the methanol base, and then actively get involved in the Haicang plan."

What he said is half true and half false. If Su Cheng is allowed to make a choice now, he would rather set up a petrochemical base by himself than get involved in the Haicang plan. If he does a sequencing, it should be the order of building an independent factory and getting involved in Haicang and methanol bases.

But when answering, Su Cheng changed the order. Because the methanol base uses the least funds, it is second to get involved in Haicang, and the self-built Haicang base costs a lot of money.

Su Cheng turned the order upside down in order to see Mr. Zhou's intention.

As a business owner who started from oil, it is normal for Sucheng to cooperate with politics and businessmen. Only state-supported oil companies have a future, and similarly, oil companies must support the country. When Bush Sr. wants to fight Iraq, all the oil companies in the Western world are suffocating, and they don't make money even if they look rich. In the past, Cuba, now Libya, and in the future, Sudan and Iran are all resource-rich countries. A ban from the United States said that the economy was blocked, and no oil companies rushed up.

Compared with the "Seven Sisters", the three barrels of oil in China are far from enough.

Mr. Zhou's answer to Su Cheng was not surprised. He still smiled and said, "Dahua is a powerful company. We support Dahua's active development towards the petrochemical industry. Well, it is normal for Formosa Plastics to have doubts about the Haicang plan. It would be very good if Dahua Industry could help them dispel their doubts.

This is the first time that the government has approved Dahua Industry's participation in the Haicang plan.

Su Cheng [Xing] nodded excitedly and said, "Great, with the support of Mr. Zhou, we will definitely actively participate in the Haicang plan. On the one hand, let them promise to invest as soon as possible, and on the other hand, it should also create a situation that is beneficial to us.

"It's a good story. However, after investing in the Haicang plan, there is not much money to do such futures trading.

"There will be no particularly good opportunity in the next few years. When the Gulf War is over, I will withdraw from the futures market. When Su Cheng said this, when he saw the strange expressions of several people, he couldn't help smiling and said, "I judge that the war will end in two months. If it doesn't end, I will also withdraw from the futures market."

"Don't lose too much. The initial capital investment of Haicang Plan is at least 700 million US dollars. Even if it is a bank loan, the initial investment will not be less than 500 million US dollars. Su Zhenguo said gently.

Sucheng soon realized that the investment of $700 million was the amount of investment he proposed for the independent ethylene plan. Su Zhenguo said this, which means that it is possible for him to build a petrochemical base independently in China.

This is not easy.

After 1998, private construction of petrochemical bases and even foreign investment in petrochemical bases will encounter many obstacles. Not to mention domestic private enterprises.

Because of the enterprise reform in 1998, Sinopec and PetroChina have been reorganized, so that both companies have upstream oil fields and downstream petrochemical enterprises, resulting in certain competition.

Although this kind of competition is not very sufficient, it has greatly enhanced the strength of the two enterprises. Moreover, it has also raised the threshold for the petroleum and petrochemical industry.

Before 1998, whether an enterprise wanted to enter the upstream or downstream, it only faced a central enterprise of PetroChina or Sinopec. After 1998, we will face two food protection enterprises, and naturally there will be fewer and fewer things.

Su Cheng turned his mind and quickly made a decision. Seize this opportunity.

He squeezed his lips and said tentatively, "Dahua Industry currently only needs 200 million yuan of liquidity to operate normally. We still have the ability to prepare $1.4 billion in two years.

1.4 billion yuan in two years, of course, is the expenditure of self-built petrochemical base. Because of the political significance of the Haicang Plan, no one talks about replacing Haicang, but only talks about it as part of participating in the Haicang Plan.

Zhou Lai thought for a while and said, "I think it's okay to consider it. However, it can only be used as a supplement to Formosa Plastics.

He did not say whether it was a supplement to the Haicang plan or a supplement to the Haicang plan. It shows that Mr. Zhou still hopes that Formosa Plastics will continue the Haicang plan.

If it is someone else, you may be a little disappointed, but Su Cheng knows that the ambiguous life of Formosa Plastics will not last long.

...(To be continued