Chapter 1393 Battle for the throne (5)
With the auction over, it appears that Malaysia's edible oil procurement crisis has come to an end, but in fact, it has entered a more exciting and dangerous stage.
As soon as the auction ended, the news that a mysterious business group purchased all the inventory in Malaysia plus futures for the next few years spread quickly through various channels.
The next day.
All the major financial journals and television stations in the world began to report on the mysterious business group’s arrogant acts!
When meeting with ordinary financial traders, there is an additional topic for discussion.
Big futures players think they have discovered a business opportunity to make money!
"Boss, big news! A mysterious business group has bought out all of Malaysia's edible oil stocks, plus Malaysia's production in the next few years!"
"I'm afraid this business group wants to create a world monopoly! Tell the traders immediately and ask them to do their best to scan the international futures market for goods. Buy as many edible oil futures as they can for me!"
"Oh my God! Mike, we just missed out on a fortune!"
"Darling, why do you say that?"
“The news channel just said that a mysterious consortium has bought out all the edible oil spot and futures in Malaysia!
The amount of spot or futures remaining on the market now is less than 20% of what it was at its peak!
And this 20% has to be snapped up by hundreds of countries around the world! Do you think about how oil prices will skyrocket? "
"Damn, I'm so stupid! I thought the edible oil futures could no longer rise, so I gave away the goods! Alas..."
"It doesn't matter, it's not too late to regret now, buy it quickly, you will make money if you buy it now!"
"..."
A large number of small businesses, institutions, and professional speculators from all over the world began to snap up edible oil futures even more frantically.
Everyone believes that since the mysterious business group has established a monopoly, the price of edible oil will inevitably rise sharply in the short term!
However, the fact is that the price of edible oil has been hovering around 8,000 yuan per ton.
The reason is also very simple.
These small traders, institutions and speculators who came in later and bought edible oil futures like crazy have been unknowingly cut off by Chen Mo and his Hongmenghui International members!
Small businesses, institutions and speculators bought like crazy, while Chen Mo, Princess Aisha and other forces who had planned ahead quietly sold.
As many buy orders as there are in the market, Chen Mo and the others will have as many sell orders. When buyers and sellers reach a balance point, the futures price will naturally not go up.
In three days, the trading volume of international edible oil futures rose to a very scary figure, but strangely, the price of edible oil futures did not show any sign of skyrocketing!
It even fell down a little bit!
Herness Hotel, Presidential Suite.
Chen Mo, Princess Aisha, Prince Abdul and other world-class bosses gathered together.
Everyone looked excited.
"Looking at how happy everyone is, it must be that all the futures in their hands are sold out, right?"
Chen Mo took a sip of the black tea sent by Princess Aisha and couldn't help but exclaimed: "This black tea tastes so delicious! Can you give me a few dozen more kilograms?"
Princess Aisha said coquettishly: "President Chen, what kind of bargain do you think this is on the street? This is Sunset No. 9 black tea, which is the highest quality among British and German black teas. It is specially used to entertain important foreign guests!
It is famous for its unique "rich, strong, fresh and fragrant".
The annual output totals just a few hundred kilograms! "
“After the stock is reserved for entertaining foreign guests every year, it is estimated that only a dozen kilograms can be circulated, and we have basically digested it internally.
I brought you a full two kilograms this time. Aren’t you satisfied? "
Chen Mo touched his nose: "Hey, you made a lot of money from crude oil futures last time, right? I'm afraid you made at least 100 billion from edible oil futures this time? Isn't it right to give me dozens of kilograms of tea?"
Princess Elsa suddenly lost her temper.
There is no way, who told Chen Mo to tell the truth!
"What about you? How is the shipment going?" Chen Mo continued to ask.
"It's all gone!"
"This time we in Hongmeng Club listened to your arrangement and all made a lot of money!"
"Each of us has made at least more than 60 billion, and the most ruthless one is that boy Sukabulie from the Bear Country. After listening to your words, he directly mortgaged the loan and used 10 times leverage to trade, and he operated fiercely. , this time I directly made more than 500 billion!"
"Hey, because I made a lot of money this time, the family has decided to make me the heir!"
"The richest man in our country has changed hands, and we have become the richest man for a time!"
"..."
Everyone happily reported the good news to Chen Mo.
In addition to the nine super-rich people who were rescued on Paradise Island, they later helped Chen Mo recruit many rich people and plutocrats from various countries to join the association.
Originally, these people had no feelings for the Hongmeng Society, and they only joined the society to give face to other wealthy people. They all looked down upon Chen Mo, the so-called president, and looked down upon him.
After all, how can a young man in his twenties be qualified to be the leader of the top plutocrats, wealthy families, and royal children of these major countries?
As a result, after two thrilling futures trading, everyone made a lot of money!
Many people have become the richest man in their country, the heirs of their country's royal family, plutocrats and wealthy families!
The real benefits made everyone change their mentality, and they were full of admiration and adoration for Chen Mo.
Chen Mo smiled and nodded gently.
Chen Mo didn't make much this time.
Although he has sufficient cash flow, the money needs to be used to buy goods at critical moments to hedge risks. Therefore, he does not have much money to speculate in goods, and of course the profit will not be much.
However, this time Chen Mo's goal was not to make the little money from cooking oil futures, but the oil fields in Camel Country!
As long as he can help Abdul win the throne of emperor, then Chen Mo can spend 4 trillion yuan to buy the Camel Country oil fields that have never been sold to the outside world!
You know, the price of crude oil has bottomed out since the beginning of this year. There will only be a few small fluctuations in the next 20 years, but overall it is doubling up!
And the significance of oil fields is extraordinary. Once Chen Mo can buy those oil fields, not only will he buy an old hen that can always lay golden eggs, but at a critical moment, these oil fields may be able to save his life!
After thinking about this, Chen Mo asked Abdul in a deep voice: "Abdu, when will the campaign between you and Picard end?"
"There are still seven days left. After seven days, one of him and I will have to stay in that hotel." Abdul said.
"Okay! In three days, we will have a grand celebration banquet at the hotel where Picard's team lives! Everyone, go there!
I want him to know that he was deceived! "
