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1136 The idea of ??hitting someone else's oilfield

Li Changheng knew that this method would not last long.

After thinking about it for a moment, I quickly shifted the topic to Belford Investment Company and sold it to banks such as Citigroup, Morgan Stanley, Wells Fargo and America.

In addition to the establishment of Belford, in addition to the fact that junk stocks must make money, and because Frank Abanel had just helped him, he got dozens of oil paintings from France, which needed to be comforted and thanked him.

The reason why he would bring Nasser to him was to some extent because Li Changheng wanted to use 15% of the shares to thank Nasser for selling the Canal oil field to himself.

Nasser was not the most beloved prince in the family at that time. He was a bit like Andre Rockefeller's situation in the family. He hoped that he could make money and live a better life.

I also look forward to following Li Changheng to make some money and proving my abilities to the family.

The two sides quickly reached an agreement, and Nasser paid the most money but had the least shares.

But now it seems that Nasser not only did not suffer any losses, but made a lot of money.

Wall Street's valuation of Belford has risen from 1 billion when Li Changheng revealed the news that he sold the investment company, and has risen all the way to 1.52 billion.

Within one year of investment companies, relying on subprime mortgage financial portfolios, a net profit of US$260 million was achieved, and then it soared to the current 3 billion.

If it weren't for subprime mortgage portfolio contracts that needed to be obtained from major banks, Belford Investment Company would definitely have soared to US$4 billion.

But with just a valuation of 3 billion, then 15% is equal to US$450 million.

Nasser was so excited when he thought of this number at this moment. He even hoped to delay another year, just like Frank Abanel.

By then, the market value may exceed 4 billion.

But Li Changheng doesn't have so much time to wait, let alone Citi's market value is also rising.

It was only 20 billion last year, but it has risen to 23 billion this year.

Moreover, Li Changheng did not suffer any loss, after obtaining the oil field he bought for 100 million yuan.

After some renovation, it increased from 4 oil wells to 10, with a daily output of 35,000 barrels.

With the current oil price of 13 US dollars, he earns about 450,000 US dollars every day. After deducting labor and other costs in annual net profit, it has exceeded 100 million since last year.

The outside world's valuation of oil fields has also risen from 500 million after the outbreak of the oil crisis to more than 800 million.

Li Changheng, who is no longer short of money, will not sell this piece at all and has perfected everything. He does not need to invest anything. He waits for high-quality assets with net income of hundreds of millions of US dollars every year.

Taking advantage of the opportunity that Nasser did not want to exchange shares for cash, but wanted to invest in Citigroup or other banks, Li Changheng pretended to be embarrassed.

It was easy to get Nasser that he owed him a favor and agreed to help Nasser acquire a stake in Citi.

Of course, doing so has really harmed one's own interests.

Once Citi takes 15% of Nasser and 20% of Frank Abanel's shares, it is equivalent to directly swallowing 35% of Belford Investment Company's shares.

It is basically impossible to sell 65% of Li Changheng's name to Citi, otherwise several banks such as Morgan Stanley would definitely cause trouble.

Thinking of this, Li Changheng, who felt that he was at a loss, had some heart-warming explanations, and Nasser was indeed as he expected, whether he was willing or not, but in order to maintain his relationship with him.

Like Frank Abanel, in order to keep up with his footsteps, he promised that he would definitely help as long as he could use himself.

Li Changheng smiled and waited for this sentence.

The Getty family has been suing the two countries since the Kuwait area, which is estimated to have reserves of more than 1.3 trillion barrels in the future, since it was nationalized by Kuwait and Sat in 1974.

But two and a half years later, everything the Getty family did was useless.

Before the United States signed the US dollar as oil settlement currency with countries such as Saute, the Americans had no choice but to deal with the desert tyrants.

Now that the contract has been signed, the oil price has fallen for a while.

But it rose again in less than half a year. How come the United States needs the rich people even more.

After all, once the desert tyrants announce production cuts, the United States will be in a long-term inflation economy, which will definitely be worse and even cause a crisis again.

In this case, the government will not offend the rich for the sake of the Getty family.

Moreover, Old Getty is famously stingy, even the members who were supported by him can get limited benefits.

Not to mention other political forces.

Of course, it’s not that no one helped Old Getty to ask him to ask Li Changheng for help.

After all, the only oil field that Shate has not been taken back to the state is the Canal Oil Field under Li Changheng's name.

But since Li Changheng has set his sights on the Getty family's oil field, how could he help?

Besides, the butt determines thinking. If you help the Getty family, it is equivalent to offending the seven sisters of Petroleum.

The seven sisters of Petroleum include Rockefeller, Morgan Morgan Stanley, California and Texas, as well as England, the Netherlands and other countries.

No matter how you calculate it, it's not worth it.

In desperation, according to the information obtained by Li Changheng, Old Getty was already seeking to revoke the prosecution in exchange for obtaining the right to refine crude oil produced in the oil field.

Otherwise, the refineries of the Getty family that have more than the seven oil sisters will have to be closed down and then divided up by major oil giants.

Li Changheng had no sympathy for Old Getty at all about this, and was even thinking about how to help Meifu, Exxon and other groups to swallow the Getty family's oil assets as soon as possible.

Then, after obtaining ownership of the Kuwait oil field, or nominal inheritance rights.

Negotiate with Kuwait to regain ownership of the oil field.

At least, you have to obtain some shares in the oil field.

This plan is difficult. After all, if Nasser's father agrees, it would be like slapping himself in the face.

But if Lee Changheng remembers correctly, there is a movie that tells the story of the Getty family, like Hurst, who were targeted and were really kidnapped by someone.

But the difference is that Randall Hurst is willing to pay any price to save his son, while Old Getty is so stingy that he is willing to pay a million dollars.

Moreover, this is because 1 million is the highest annual tax deduction for individuals in the United States.

When his grandson was cut off by a kidnapper who had no patience, and outside public opinion kept mocking and attacking Old Getty, he agreed to pay 2.2 million yuan, and the remaining 1.7 million yuan had to be borrowed by his own son.

And if I ask him for a loan, the annual interest rate will be 4%.

This directly made the Getty family, father and son, grandparents and grandchildren really become passers-by.
Chapter completed!
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