Chapter 970 [Win-win, the kind of win-win that wins twice]
At two or three in the morning in the middle of the night, Mr. Wang was also excited to answer the phone. After a while, he jumped up from where he was sitting and said to the phone: "You mean that when crude oil closed at -37.63 US dollars, it was still
With a position of 109,000 lots?”
Wang Yue was also surprised by the size of this position. Then he heard the report from his subordinates on the phone. After a while, Mr. Wang suppressed his excitement and responded: "... Got it!"
After finishing the call with his subordinates, Mr. Wang was not idle. He immediately made another call to Lu Ming.
After a while, the call was connected, and Wang Yue laughed excitedly and said: "Hahaha, brother, I really admire you. You are so convinced that you are so strategized that you can win thousands of miles away. No, the distance between the CME Group and the CME Group is thousands of miles away."
Outside, this is a decisive victory thousands of miles away. I can finally see that playing against you is definitely a human tragedy."
Mr. Wang couldn't stop laughing when he answered the phone. He was very excited now. The person under his command had just given him a text message report.
All in all, it's a win.
Mr. Wang immediately went on to say: "Brother, I just received the exact news. In the end, we grabbed up to 108,757 contracts, which were executed in accordance with the TAS instruction (settlement price transaction), that is, settled at -37.63 US dollars/barrel, and we took it.
75% of the volume, haha!”
This means that without physical crude oil, the net profit is US$4.092 billion!
According to the agreement between Wanxiang and its partners, the oil will belong to the partners for free, and the money transferred after each barrel of oil is delivered will belong to Wanxiang Group. After TAS, the partners will immediately transfer money to Wanxiang's account. At the same time,
Wanxiang offers a guaranteed price of no less than US$20/barrel and no higher than US$30/barrel, and has priority to buy the physical crude oil from its partners.
In other words, the partners received about 108 million barrels of oil for free, and all they needed to do was deliver it. At the same time, the oil pipelines under Wanxiang Leasing were also transferred to the partners for physical crude oil delivery.
And if no one buys the oil in the hands of partners, then Wanxiang will pay to buy it. The starting price is 20 US dollars per barrel. In other words, if the partners sell it to Wanxiang at this price, they can earn more than 21.6 US dollars.
As long as oil prices continue to rise, partners will also earn more.
The only risk for the partners is the guaranteed payment of US$4.092 billion to Wanxiang. This money is carried by the partners, and they will need to go to the delivery party to ask for the money.
In other words, starting from tomorrow, Wanxiang's partners will not only be able to obtain 108 million barrels of crude oil from the delivery party without spending a penny, but the other party will also pay US$4.092 billion.
Therefore, Wanxiang's partners earn free gas money, and the profit is determined by selling the gas at a certain price, while Wanxiang withdraws with the US$4.092 billion advanced by its partners.
The partners are also optimistic that the oil price will go back up, so they dare to guarantee that after TAS wins the contract, they will immediately send the $4.092 billion to Wanxiang. Anyway, the oil is in hand and has the ability to deliver, so there is no loss in this transaction.
The worst thing is to go to the delivery party and ask for money. What you will get back then will be profits. At worst, you won’t owe anything if you don’t get it back. And as long as the oil price can rise to above 45 US dollars, even if you don’t get back a penny of the 4.092 billion US dollars,
If you can make money and won’t lose money in the worst case scenario, of course you’ll do it.
So the partners made a calculation and concluded that it was absolutely impossible to lose money on this transaction, it was just a matter of making more or less.
…
At this moment, Mr. Wang, who was on the phone with Lu Ming, had almost digested his excitement. He was seen pacing back and forth in the living room. At the same time, a voice came from Lu Ming on the other end of the phone: "Brother Wang, what's next?
What you have to do in the next two days is to sell these partners of yours."
After hearing this, Mr. Wang hesitated to speak, and thought to himself: "This guy looks like a gentle young man, but he is also a ruthless person. He sells it after use and squeezes out all the value. I hope he will not use it in the future."
I’ll just sell it.”
These days, as long as the price is right, friends can still sell it.
Mr. Wang thinks... it's better to take it easy when dealing with Lu Ming in the future. Although this brother is indeed a kind person to his friends, as long as you don't cheat him, it's basically impossible for him to cheat you.
And if you want to trick a character like him, you have to consider whether you can fight him. You should worry more about being sold by him, not about tricking him.
This young man is a ruthless character. Without ruthlessness, he would not have been able to single-handedly create and run a financial giant like Tiansheng Capital.
After a while, Mr. Wang couldn't help but said: "Brother, to be honest, you can just sell someone after using them..."
Lu Ming, who was on the other end of the phone, immediately replied: "Anyway, just throw away the blame and clear yourself from the relationship. Just blame it all on the CME Group. Your North American partners have nothing to say? And they don't sell it."
If we get rid of them, how can CME Group default on the contract? If we don’t default on the contract, how can we win the bet on the other side? If the bet on the other side wins, it will still be worth three to four billion US dollars!"
Upon hearing that he could earn three to four billion U.S. dollars by winning this bet, Mr. Wang immediately said decisively: "Made is a one-time deal anyway, and it is impossible to mix it up after this incident, so we should sell it more simply."
, make another big profit!"
Lu Ming on the other side smiled knowingly, that's right.
Wanxiang's next operation of selling teammates is actually very simple, that is, it uses the so-called "Uncle Party" to release the news, and the news will be released immediately tomorrow. Among them, 108,757 contracts are operated by Tiansheng Capital behind the scenes, and at the same time, they are leasing in the Cushing area.
The news about the batch of oil pipelines was also revealed in the "Uncle Party" manner, and then Wanxiang also issued a satisfactory announcement.
At this moment, the partners have all transferred their money to Wanxiang, and the contracts have been transferred to the partners. They have already taken the money and withdrawn from the North American capital market. It doesn’t matter whether they hide it or not. It doesn’t make much sense. Anyway, the money is in hand.
He has also successfully escaped.
Is it possible that Lao Mei can still go to Ningzhou Tiansheng Capital headquarters to arrest Lu Ming?
However, Tiansheng Capital definitely denies that Sanlian did it. The whole world knows about it and the whole world is happy about it. But I just don’t admit that I did it. Anyway, Tiansheng Capital was not directly involved.
any evidence.
At this time, Wall Street is still reconciling the accounts, and it won’t take more than 24 hours to realize that the big head has been cut off, so if you don’t break the news yourself, the other party will soon realize the problem.
When the news comes out, if Wall Street and CME Group know that they are carefully mantis hunting cicadas, Tiansheng Capital will sneak up on them from behind.
The mentality is absolutely explosive.
Lu Ming was sure that if the news came out tomorrow, CME Group would definitely not be able to afford it and would cheat on it and void the previous transactions.
CME Group: The transaction just made was wrong and does not count. Please try again!
There is a 100% probability that such a cheating operation will happen, but whether it is cheating or not, it doesn’t matter to Tiansheng Capital or Wanxiang, because more than 4 billion US dollars have been obtained and escaped, and the contracts have been dumped to Wanxiang
of those partners.
If CME Group cheats, Wanxiang's partners will suffer. If they want to admit their failure, that's their business. If they don't, then they can fight with CME Group.
Anyway, Tiansheng and Wanxiang have already withdrawn, and now they have become spectators watching the show, watching several major interests within Lao Mei's own family fight against each other.
Moreover, as long as the CME Group defaults on its contract, the gambling operations on the other side will immediately make huge profits, quietly plundering a handful of money from major and medium-sized financial banks or insurance companies in the United States.
A direct win-win, a win-win situation where you win twice.
Lu Ming was absolutely certain that CME Group would 100% breach the contract, because as long as CME Group dared not to breach the contract, Lu Ming would dare to ask Wanxiang to further increase the price of oil to 20 US dollars per barrel, or even 30 US dollars per barrel to buy it from its partners.
Bad luck will come.
Anyway, if you hold the green paper in your hand, you have to spend it to exchange for physical resources. Even if the premium is as high as 30 US dollars per barrel, you can accept it. As long as you can transport the oil back from North America, you will make money. By then, let the oil price soar for more than a year.
When the price per barrel reaches hundreds of dollars, excluding storage and transportation costs, you will earn more than you do now.
It's just as cost-effective to use it yourself.
The other party must have seen this clearly, so CME Group must have breached the contract, because the losses would have been even worse if it had not breached the contract, and it was absolutely impossible for Lu Ming to take away the oil.
As soon as the default operation of CME Group comes out, it will bet against another group of financial institutions from your old American family. Sorry, we will win again.
Anyway, you win if you breach the contract, and you still win if you don't breach the contract.
