Chapter 751 [A Meiqiang sells natural gas and earns money with tears]
On Tuesday, July 2, today's A-share market closed a high red small cross star K-line. The Shanghai Composite Index reached an intraday high of 3048.48 points, failing to break through the previous high of 3050 points.
The two markets opened slightly lower in early trading. After the opening, the three major stock indexes fluctuated. The Shenzhen Component Index and the ChiNext Index turned red and fell again. In the afternoon, the Shanghai and Shenzhen markets maintained a volatile consolidation trend, and individual stocks were also calm.
To put it bluntly, it is a boring market.
As of the close, the Shanghai Composite Index closed at 3,043 points, down -0.03%, the Shenzhen Component Index closed at 9,545 points, up +0.16%, and the GEM Index closed at 1,570 points, up +0.15%.
Tiansheng Holdings, like the broader market, closed a red cross star K line today. The stock price reached a maximum of 97907.34 yuan during the session, slightly setting a record high. After the market closed, it closed at 97405.64 yuan, up +0.14%.
The market value is 7,792.451 billion yuan.
From the perspective of industry sectors, today pork concept stocks are making a comeback, the new energy vehicle sector is also strong, the domestic aircraft carrier sector is quite active, and iron ore concept stocks are also on the rise.
Tobacco, artificial meat, liquor concepts and other sectors were among the top gainers, while waste classification, environmental engineering and other concept sectors were among the top losers.
Fulongma fell by the limit today, with its stock price closing at 63.33 yuan.
This stock's second wave of major rises failed to hit the 11th consecutive board. Since the first daily limit, it has broken through 19 boards in 22 days.
Today Fulong Maping, the leader of the two cities, opened higher. Half an hour before the opening, the stock price soared to 77.36. It reached the limit at one point, but suddenly plunged and collapsed around 10 o'clock, which also brought the environmental concept sector to collapse.
Since Fulongma hit the daily limit on the first board on May 31, as of today's highest point, it has achieved a cumulative increase of +557.82%. It has more than quintupled in one month, which is enough to be included in the list of the top ten monster stocks in 2019.
January of this year is undoubtedly the New Year's Eve event for the demon Dongfang Communications. In February, it was the Demon Emperor Shunhao Shares that surpassed the epic 29-link board of Daofeng Technology. Then came the alternating stage from the end of February to the beginning of March.
In the big financial market, Jiancheng Investment, PICC, and Bauhinia Bank are hard to distinguish. The big monster in April is Qiming Fubon, while the monster stock in May is Jinli Permanent Magnet, which comes out of the concept of rare earth permanent magnets.
As for June, it is undoubtedly the Fulong Horse. It has only closed 2 negative lines since its launch. The remaining trading days are either at the daily limit or on the way to the daily limit.
Almost every month in the two cities of Big A, a representative stock will be speculated by the market. If it does not double, it is not enough to be called a monster stock.
…
At about 17:00 this afternoon, a piece of news reached Lu Ming's ears, and he was stunned for a long time.
At the company headquarters, Lu Ming's office, he was sitting on the boss's chair and looked at the beautiful assistant who came to report the situation and said blankly: "What's going on? Ross, the head of the North American Commerce Department... Does that guy want me to buy North American natural gas?
"
My heart suddenly felt happy.
Han Qiulin didn't know what he was thinking, so she nodded and added: "In the latest negotiations that have just been resumed, one of the conditions on the North American side is to specify that Tiansheng Group must pay for natural gas and sign a contract with their Venture-Global-LNG company.
A 20-year long-term purchase and sale agreement for LNG.”
Lu Ming was really happy when he heard the news. The commander-in-chief is definitely a good person.
Previously, he triggered a second major meltdown in the U.S. stock market, and Tiansheng Capital earned more than one trillion yuan. Now he wants to force-sell natural gas, and it is another operation of forcing money.
What else can be done?
I could only earn the money with tears in my eyes, because three years later, the dispute between Damao and Ermao caused the price of natural gas to skyrocket tenfold to US$3,000/thousand cubic meters, a tenfold increase.
Lu Ming immediately asked: "Exactly how much do I have to pay for it every year?"
This is not the first time that the United States has engaged in forced sales of natural gas, because as early as last year, it was also Loss who said arrogantly: The easiest way to make the United States happy is to buy more North American natural gas.
Just in February 2018, North American natural gas supply giant Cheniere-Energy signed the first long-term contract with a domestic company to supply North American liquefied natural gas to Greater China. This agreement signed with a domestic oil and gas group company lasts for 25 years.
Year.
At this time, Han Qiulin replied: "The other party requires the purchase of 3.5 million tons of LNG per year at a price of 300 US dollars/thousand cubic meters."
LNG is liquefied natural gas. After 1 ton of LNG is gasified, approximately 1,495 cubic meters of natural gas can be obtained. 350 tons of LNG are purchased every year, which is almost 5.25 billion cubic meters of natural gas. A 20-year contract is 70 million tons of LNG, which is equivalent to approximately 105 billion cubic meters.
.
Han Qiulin added: "The United States also made additional supplements to this, requiring the agreement to be a fixed-price purchase and liquidated damages of US$11.5 billion."
Hearing this, Lu Ming managed his expression very well, but his stomach hurt from laughing, so he immediately said without hesitation: "No problem, sign!"
Gu Yuan
Good guy, Lu Ming was laughing and crying in his heart. The commander-in-chief was afraid that Tiansheng Capital would regret it in the future and would also stipulate such a huge amount of liquidated damages in the agreement.
Good guy...
Being forced to earn money with tears in my eyes is so daring...
However, Han Qiulin couldn't understand why Lu Ming agreed without even thinking. She looked at him blankly and couldn't help but said: "Wait a minute, did I hear wrongly? Did you sign it directly?"
Lu Ming affirmed: "Yes, sign it, sign it and that's it. Oh, by the way, after all, this is a big order that still needs to be discussed. You go and inform the other board members. The board meeting will discuss this matter tomorrow morning and pass it by the way."
"
Han Qiulin couldn't understand but nodded and said, "Okay then!"
The annual purchase volume of 3.5 million tons, based on the price of 300 US dollars/thousand cubic meters, means that the annual purchase amount is 1.575 billion US dollars, which is about 10.6 billion yuan. The twenty-year long-term contract agreement is 31.5 billion US dollars, which is about 216 billion yuan.
Around RMB.
As far as the current market price is concerned, the negotiated price is much more expensive. No wonder Han Qiulin doesn't understand it.
Another very important reason is that natural gas prices have been falling. North American natural gas futures prices have fallen to US$2.316/million British thermal units, which is the level of three years ago, and the downward trend is still going on.
Therefore, the commander-in-chief wanted to sign a fixed contract, and he was worried that Lu Ming would go back on his word and stipulated a liquidated damages agreement worth tens of billions of dollars. In the short term, the commander-in-chief's operation was fine, but it was just that God's calculations were not as good as those of humans.
The current price of U.S. gas to shore is about 1.2 yuan, of which the gas price is 0.5 yuan and the freight is 0.7 yuan.
If Lu Ming signs this agreement with North America, it means that the CIF price of U.S. gas will be 2.05 yuan, and the freight will definitely still be 0.7 yuan. In other words, the gas price will be 1.35 yuan/cubic meter, which is +170 more expensive than the previous market price.
%, the absolute premium value of the CIF gas price is +70.83%. In short, you have to pay a purchase contract that far exceeds the current market price, and it is still a fixed price.
If the price of natural gas continues to fall, the difference will be even greater, and the difference will be a real profit.
However, compared with the entry price of Gazprom, it is quite cost-effective. The entry price of Gazprom is 350 to 380 US dollars/thousand cubic meters, which is about 2.2 yuan to 2.4 yuan/cubic meter.
The domestic natural gas terminal prices are basically above 2.5 yuan.
Data show that in 2016, the total domestic LNG imports from North America were about 200,000 tons. If last year’s contract plus this long-term gas contract of 3.5 million tons per year is implemented, Ugly will become a major player in the Greater China market.
Natural gas supplying countries.
In 2016, domestic natural imports were 70 billion cubic meters.
By 2O22, Lu Ming estimates that domestic natural gas imports will far exceed the 140 billion cubic meters estimated by the International Energy Agency. In order to ensure safe domestic gas supply, it is indeed necessary to find gas sources everywhere.
At present, domestic natural gas import sources are mainly divided into Central Asian gas and LNG. Central Asian natural gas is transported through pipelines, which is equivalent to inserting a pipe into the Middle East and sucking it hard. To a certain extent, it has to compete with Europeans for gas.
It enters the border from the west of the country and is then transported to major coastal cities.
The other pipe is in the direction of Northeast Asia, sucking it from the bear. As for purchasing the expensive gas from the bear, it is not just cross-border trade, but also the game of other factors.
Then LNG was imported and shipped by sea on LNG ships, mainly from Aramco.
This time the commander-in-chief insisted on selling the gas forcibly, so Lu Ming could only earn the huge profit from the middleman in tears. Three years later, the gas delivered to Ami was backhandedly sold to the Europeans, basically.
In this way, you can earn several times the middleman's profit margin by changing hands.
Isn’t it beautiful?
However, Tiansheng Capital is a non-bank financial investment company, so it certainly cannot handle this natural gas and does not have the relevant business license.
But it doesn't matter. Lu Ming decided to hand it over to the domestic Zhong Petrochemical Company for custody after his anger was over. Tiansheng Capital would just pay for it. He would not end it personally and just engage in capital operations that he was good at.
There is no need to acquire the corresponding oil and gas companies. Besides, there are no domestic companies that can be acquired. Large gas companies are all state-owned enterprises.
As for the gas that arrives first, it will be supplied to the country first, and it doesn’t matter if it loses money. We only need to wait for the natural gas surge in Europe three years later, and then resell the gas delivered by Aramco!
The commander-in-chief gave this money as a gift, and Lu Ming felt embarrassed.
