The journey starts from the Titanic

Giant crocodiles like Morgan Firm naturally buy in large quantities, and the price will naturally be closer to the true value.The high share price of Chevron Petroleum is mainly due to the fact that it has just gone public and has relatively few shares circulating on the market. It has been highly speculated and will rise to a better position in the future.

However, as Robles gradually put more shares on the market, the stock price will gradually return to normal levels.

It takes time to cash out, and this process may last for a long time, maybe one year or two years or three years, so Situ Nan thinks it is worth it to get 36 million US dollars from Morgan at one time.

Of course, these shares are also worth that money.

"Don't worry. Didn't Occidental Petroleum just get a $10 million loan from Robles? I will pay the remaining four payments on time."

Robles explained.

According to the agreement, the funds cashed out from the stock market will first be provided to Occidental Petroleum, plus loans from Wells Fargo Bank, Occidental Petroleum’s Central Aortic Project and the Atlantic Rim Project have sufficient funds to start.

"I know! But not only Occidental Petroleum needs money, but Chevron Petroleum also needs money. I have a plan recently to acquire another oil company."

Situ Nan smiled and told Robles that he had spotted the Pan American Petroleum Company.

"At the current price, Morgan is still cheaper. If there is any good news, push the stock price higher and increase the bargaining chip for us." Robles said with some regret.

"Good news?" A smile flashed across Situ Nan's eyes.

"Do you have a way?" Robes came with interest.

"In a few days! There will be good news soon. Maybe it can double the share price of Chevron Oil!" Situ Nan believed.

"Okay! Then I will drag them first." Robles nodded, knowing that Situ Nan had a way, he didn't ask what it was.

As a stock issuer, Robles Securities is carrying Chevron Oil's multi-million-dollar issuance task and is under great financial pressure.

Because it is equivalent to a stock wholesaler, the best way is to wholesale stocks to the secondary market as soon as possible, that is, small and medium financial companies that rely on large companies like Robles Securities. After the financial companies get the stocks, they can retail for ordinary investment. By.

The more stocks are sold out, the funds of Robles Securities can be recovered as soon as possible.It is an astronomical figure for Chevron Petroleum to issue 100 million U.S. dollars in stocks. If there is no large-scale purchase by other large financial companies, it will take a long time and risks to rely on Robles Securities to slowly sell to small and medium financial companies and retail investors. Big.

In Situ Nan's view, Chevron Oil Company does have a strong strength and the risk is almost zero, but it is cheaper to sell it to the Morgan firm. Although it loses a little money, it is worth saving time.

Chapter 186 Good News

Stuart’s worries seem unnecessary to Robles. The most important thing for Robles is time. As the top trading firms on Wall Street, Robles is fully capable of buying 100 million US dollars of stock. It needs the participation of other large companies, and it can also sell Chevron Oil shares to countless American investors.

It takes a little longer, but the profit is definitely more than selling it to the "big wholesalers" of the Morgan firm.

As a stock issuer, Robles Securities received a 9% discount from Chevron Petroleum Company, and a profit of 3 million US dollars when it changed hands.

In fact, the price of Chevron Petroleum stock sold by Robles Securities to others is more than $100 per share, and the profit from it is far more than $3 million.

Robes' tight appearance fell into Situ Nan's eyes. He smiled and shook his head, and said in his heart: "This kid has been waiting for his oil company to go public, and he is not willing to share a piece of the pie with others."

But having said that, the potential of Chevron Petroleum is there. The stock price is definitely more than $120 per share. Morgan Bank and others can also say that they have eaten the ready-made ones. The role is similar to that of Robles, buying shares from others. Just resell it to others.It relies on sufficient funds and strong distribution capabilities.

The wholesale stocks of Robles and Co. were not only sold by Morgan Firm, but also by Moody-Fitch.

Moody's-Fitch Company is doing credit evaluation, and indirectly also doing stock and bond trading.

Taking the Moody-Fitch assessment report and patted it, Situ Nan was a little proud: "It's a face-saving! Chevron Petroleum's credit rating is all a, so good!"

Nonsense, can your own company speak ill of it?

Robles gave Situ Nan a white look.

Not only Chevron Petroleum, but also South China’s rail bond issuance in the U.S. is also very smooth. In addition to Robles’ strong issuance capability, the South China Railway plan is packaged beautifully and attractively, and it is also inseparable from Moody's-Fitch. Cooperating gave full a credit evaluation.

After the appraisal company’s appraisal, whether it is Chevron Oil or South China’s railway bonds, investors have a guarantee in their hearts: they believe in authoritative judgments.

"By the way, the sales of Nanhua’s railway bonds last year were good, and the funds for the circum-Java island railway project have been secured. If Nanhua is interested, Robles can underwrite other construction bonds."

Robes proposed.

"Good idea." Situ Nan nodded, intending to report this problem to South China. It is best to borrow money from Americans. Although most of the funds flow into the pockets of American companies, they can exchange them for the supplies that South China needs. And equipment is also worth it.

If you are afraid, you are afraid of being blocked everywhere, and you must be self-reliant if you do something big.

The South China market is almost open to American companies (mostly companies of the William Consortium), and the trade relationship with the United States is good. In addition, the domestic situation is stable and suitable for investment, so it is easier for South China to invest in the international market.

It would be impossible if it were the Soviet Union, they are being blocked by the whole world.Japan’s reputation is also not very good. Because of the lack of resources and the economic downturn in recent years, it is not easy to obtain international funds even if Tokyo is rebuilt.

"It's better to be like Germany and the Soviet Union in World War II, with a large amount of American aid, and you don't have to pay back a penny.

On the contrary, the British were more miserable. In the end, even their underwear was almost completely exploited by American profiteers.It is best for South China to obtain long-term loans from the United States. The longer the better. After World War II, the Americans needed South China to stand up and go south, and naturally they would not have to pay back the money."

Inspired by Robles, Situ Nan thought too much, and didn't have the consciousness of being a Yankee at all.In fact, some of the money the United States lent to South China came out of his pocket?"...

"Gadas, how is the company?" Situ Nan called to Los Angeles.

"Everything is going well. I also know the situation in New York. Our stock is issued very well." Gadas's excited voice came over the phone.

For those shareholders who have been unable to distribute bonuses in Occidental Petroleum for a long time, it is wise to choose Chevron Petroleum shares.

As soon as the company goes public, they can get a return of several tens of times the original investment, and there is no complaint at all.

"Let's not talk about the stock market. Do you still remember that I heard about the bad land of Chevron Oil Company?" Situ Nan asked.

"Of course! I have a headache for this." Gudas said.Chevron Oil Company originally thought it had opened a high-yield oil field, but it did not expect that after a period of time, the output would drop drastically, and the reserves were far less than previously expected.

"Listen! The expert's and the forecast are okay, it's just a slight mistake. I found someone to re-explorate, the location is correct, and the reserves are correct, but the predicted oil field should go deep underground. Several hundred meters."

"Really?" The voice on the other end of the phone became louder for a few minutes, and Situ Nan could almost hear the rapid breathing from the microphone.

"You immediately organize the manpower to drill down at least 500 meters, no, one kilometer!"

Situ Nan affirmed.

He did find someone to check the information later, and found it interesting.

Petroleum exploration is like a gamble. It wins a huge profit and loses its wealth. Only those powerful oil companies dare to invest money in it. Large areas are explored, the number of exploration wells is large, and the drilling depth is deep. If the average individual businessman drills If a few mouthfuls still didn't work, he immediately gave up.

Because it is not clear about the situation of the oil field, the original Chevron Oil Company was not only acquired by Occidental Petroleum, but when it was reorganized, its assets also shrank greatly, making Situ Nan cheaper.

"Oh..." Gudas seemed to have some doubts, after all, this was a new adventure.He remembered that Situ Nan mentioned this matter, but his tone at the time was not very sure.

"We must find out the oil, this will make our stock price soar!" Situ Nan said beyond doubt, putting down the phone and smiling slightly.

In recent years, oil exploration technology has developed rapidly, and Occidental Petroleum's Pratt Laboratory is one of the best.

With leading technology and Situ Nan's inspiration, Occidental Petroleum has almost no disadvantage.Even Situ Nan secretly sighed more than once, I wonder if God is too good to him, or the golden finger was opened too easily.

The exploration and exploitation technology in the 1920s did not reach the level of a hundred years later, so many times it was obvious that according to geological reports, there was a lot of oil in somewhere, but it just couldn’t be drilled. In fact, because they didn’t insist or were unable to drill down 10 meters or 100 Meter.

As the world’s largest oil extractor, Occidental Petroleum Corporation is technologically advanced in oil exploration. Halliburton Oilfield Services, which is controlled by it, has the world’s most advanced cementing and excavation technologies, as well as the famous Hughes drill bit. The best drilling equipment they produce.