Reborn Capital Empire

Chapter 244 Considerations for the future

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"Boss, this is the information just passed from Solomon. The gold price in the Hong Kong gold exchange market has exceeded 277.39 US dollars per ounce!"

"Did Zhang Shaoling and the others throw them away?"

"not yet!"

"When the London market opens tomorrow, let him throw away my share!" Guo Shouyun said.

In May, he manipulated 700 million US dollars of funds to join the gold battlefield again, but after waiting for more than half a month, the low point of gold did not show the 260 US dollars he expected, or even below. Instead, it started to rise after a brief shock at $265. Although he didn't wait for the price he expected, Guo Shouyun still entered the market decisively, and once again leveraged 700 million US dollars with 10 times leverage, and bought 2.62 million gold long positions at the price of 26,732 US dollars per lot.

After a brief analysis of the law of gold fluctuations, he determined a safety margin of $27.739 billion for himself. As long as gold fluctuates within this range, he chooses to hold positions. Once gold reaches this margin, even if it is still rising, it must be resolutely sold.

"Do you still choose to go short?"

"Do not!"

Guo Shouyun quickly shook his head.

After a sudden event, the decline of gold tends to be very fast, and it is beneficial to go short at this time. But if a crisis does form, no one can predict the exact drop.

Of course, if you look at the past rules, after a short-term rise, the price will fall back within a month or two, and you can make money by shorting. But the opportunity to enter the market is not easy to judge, and Guo Shouyun does not know what price gold will rise to before it will turn down. If it is too high, he will need to increase the margin for the position.

But now the holding margin of the Solomon division of Thunder Fund is not only the holding margin, it also bears the capital expenditure of Pan Pacific Energy Group to acquire peer companies and maintain operations.

Especially after acquiring a series of loss-making power and gas utility companies, Pan Pacific Group's funds to maintain operations have climbed to 200 million US dollars. The most important thing is that pre-tax profits are not enough to cover all the expenses. Guo Shouyun must now $890 million a month to Pan Pacific to break even.

Losing $890 million a month is a huge pressure right now. From the establishment of Pan Pacific to the present, he has accumulated losses of 1.57 billion US dollars on it.

And that loss will continue to balloon as he acquires more electric and gas utilities.

Coupled with the surging hostility of financial giants such as Enron, Goldman Sachs, and Seymour, he must leave ample funds to deal with the crisis.

In addition, after a series of expenses, Guo Shouyun's funds have also decreased a lot. For example, Apple, Pacific and Southern California cost him $200 million, the acquisition of Marvel cost him $100 million, and the capital injections of Sunrise Capital, Centaurs and Unicorns, and the pe division of Phoenix Capital are close to $100 million; Pan Pacific Energy The group's subsequent mergers and acquisitions have spent 3.5 billion US dollars, and it has not stopped until now; it has spent 430 million for Apple's acquisition of Amazon's shares; coupled with the operating deficit of Pan Pacific Group; all expenditures have reached $7.93 billion.

Guo Shouyun added the principal of 180.09 billion US dollars to the profits earned by Solomon in the two gold speculations in the first half of the year, leaving only 100.79 billion US dollars. About 200 million of this money is the principal and dividends of other customers. That is to say, the money that really belongs to Guo Shouyun is only about 800 million.

Not to mention shorting, if he doesn't sell his gold longs, he will be able to maintain it for a month at most, and he will face a dilemma.

Fortunately, the gold market did not let him down.

If he sells gold at $277.39 per ounce, he can earn $1ooo per lot, 2.62 million lots, or $2.62 billion! This money can finally make up for Pan Pacific Group's losses, and can support it for another two months.

But Guo Shouyun, who is still under heavy pressure from Enron and Goldman Sachs and other financial giants, is reluctant to take risks on gold shorts.

Because if you go long, even if you lose temporarily, it will always go up. But going short is too risky. In the current situation, it is the most reasonable choice to ensure the safety of funds to deal with unknown crises.

After nodding clearly, Wendy smiled and said, "If this is the case, I'm afraid the boss will lose to Zhang!"

"With Zhang Shaoling's character, he will definitely be short, but it depends on whether he can control his safety margin!" Guo Shouyun nodded.

"...Forget it, let's not talk about this! It's not early, you have a busy day and go to rest early!"

Wendy nodded, "You also rest early!"

"Yeah. I'm going to sleep after reading these papers!"

After Wendy closed the door and left, Guo Shouyun cheered up and continued to look at the documents in his mailbox. With the growth of its various companies, the complexity has become more and more. Although the coo or the president helps to handle it, there are still more things that need his chairman to make decisions than in the past.

The lights in the study stayed on until the early morning, but Guo Shouyun didn't stay in bed because of going to bed late the next day. Simple exercise in the morning, after breakfast, we drove to the airport. After waiting for about half an hour, the private jet Kunpeng he took out yesterday has brought the executives of Pan Pacific Energy Group from San Francisco to New York.

"boss!"

"Boss!"

After briefly shaking hands with everyone, Guo Shouyun said, "The car has been prepared for you. Someone at the hotel you are staying will make arrangements for you. Now let's get in the car and go to the headquarters of Phoenix Company. ... Let's go!"

Everyone nodded, several executives got into the same car with Guo Shouyun, and the rest of the secretary and entourage sat in other cars.

There is still some distance from the airport to the company. At this time, Guo Shouyun inevitably asked about the company's operation.

"How's the company integration going?"

Jonathan Weir, the company's coo, frowned slightly and said: "With a series of mergers and acquisitions, the situation has become more complicated than before. It takes a lot of time for the comprehensive evaluation of personnel, and subsequent promotion or tailoring. In addition, many companies have different cultural concepts, and it takes three to five years, or even longer to integrate. Moreover, what is more troublesome is that although the companies we acquired are electric and natural gas utilities, they are more or less Most of them are involved in other industries, including production plants for cables, transformers, meters and other consumables and power supplies, hydropower, thermal power, nuclear power and other power plants, as well as real estate, ski resorts, farms, and more importantly, we now have a ball team!"

"Team?" Guo Shouyun said with great interest.

"Yes! Phoenix Suns, the Phoenix Electric company we acquired owns 37% of the Suns! And ownership of American Airlines Field!"

"Is it the Phoenix Suns? This is really surprising news." In fact, Guo Shouyun was wondering why it wasn't a rocket? Because of the latter's relationship with the Great Wall of China, in less than ten years, the team's value has increased tenfold. From an investment point of view, this is a good choice. More importantly, being Yao Ming's boss seems pretty good!

"In addition to physical assets such as factories, real estate, and farms, there are also some corporate bonds and equity!"

"I am afraid that the corporate bonds and equity that have not been sold are mostly losses, right?"

Jonathan Weir nodded, "Most of them are Internet stocks and technology stocks, and bonds are similar. They were bought by various companies when the Internet concept was popular, and they were all stuck after the Nasdaq crash. !"

"What is the total value of this portion of equity assets?"

“At current market prices, they are only $1.27 billion! That’s a 73% loss from when they bought it!”

"Do you have detailed information?" Guo Shouyun nodded and asked.

"Yes!" Knowing that the big boss is an expert in the field of Internet and technology companies, Jonathan Weir prepared a detailed document when he came.

I took a look at it, and the names of eBay, Amazon, America Online, Yahoo, Microsoft, and Cisco were listed. It is not surprising that Guo Shouyun, at the height of the Internet bubble, the above companies were the most popular stocks in the entire market.

"I'll handle this part of the property. All the rest of the property, except for the farm and the shares of the Suns, are all sold."

The farm can be sold to Guo, and the Suns are purely Guo Shouyun's whim. And he himself is wearing the hat of a college basketball player, so it seems normal to play basketball.

"Boss, do you even want to sell the cable factory and consumables factory? You must know that they are very closely related to our main business, and they are profitable. If they stay, they will be a powerful supplement to the group's business."

Guo Shouyun shook his head.

"Sell it. Pan Pacific Energy Group is an energy and utility company. When the company's operating conditions are not good, we must solve the main business before we are eligible to consider horizontal expansion."

Having said that, he actually had another layer of consideration. Cables, meters, transformers are not high-tech things. If these factories are retained, it can increase a little bit of income, but Guo Shouyun believes that if these things are imported from China, the savings will be far greater than the income.

After all, labor costs in the U.S. are too high. Moreover, he did not want to add some unprofitable enterprises to distract his little energy.

Seeing Guo Shouyun's firmness, Jonathan Weil didn't say anything more. After all, the current situation of the Pan Pacific Group is really not very good.

"What are the assets and liabilities of the group now?"

"Assets of US$100 million~www.wuxiaspot.com~Liabilities of US$5.1o.7 billion!"

"It's amazing!" Guo Shouyun exclaimed.

"Boss, I think we can slow down the pace of acquisitions, otherwise the accumulated debt will drag down the company's operations!" Jonathan Weir worried.

"I understand your concern, but the company will not have too much time for rapid expansion. In addition, in the energy field, there may be some acquisitions in o2 and o3 years. In the past ten years after o3 years, the company will no longer Carry out large-scale mergers and acquisitions. Therefore, the company's ups and downs will be relatively large in the past three years, and the task of integrating personnel and business will be more arduous. As the company's manager, you must stabilize the company's operations as much as possible, and get through this period. A period of rapid expansion!"

"Boss, why the three-year expansion period?" asked Jeff Durant, the company's cFo, who was sitting on the sidelines.

"Because of the Nasdaq crisis, the delay in the U.S. economic development is only three years at most. The energy industry has generally had a hard time in these three years. It is a good time for mergers and acquisitions. The foundation of being a world-class energy giant!"

Guo Shouyun clearly remembers that from 2003 until the oil shale explosion in the United States, international energy prices have been rising. When you buy a company when energy prices are rising, both the market value and the premium are much higher than when they are at a trough. Of course Guo Shouyun would not make such a mistake.

After he finished explaining, Jonathan Weir on the side nodded, "I will do my best to manage the company!"

Guo Shouyun smiled and patted his shoulder, "Don't worry, I will help you as much as possible, especially in terms of funds!"

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