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Text Chapter 1472 Profit Maximization

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    Xiao Qi reminded Cao Zhichong that it was really for his own good.

    In a few years, the country will seriously investigate this kind of extravagant eating and drinking problem. If Cao Zhichong gets carried away and does not pay attention to these aspects, he is likely to be disbanded.

    Xiao Qi felt that Cao Zhichong was smart and obedient, which would allow Xiao Qi to indirectly control China's oil trends, so he also intended to give him a hand, lest it would be difficult to cooperate with another person.

    no way.

    The young man is not such a nosy person, but when it comes to oil, China's state-owned enterprises are really aggrieved. They are just fat sheep in the eyes of others, the kind that can be slaughtered anytime and anywhere. Xiao Qi can't even look at it.  After passing by, I couldn¡¯t help but want to give them a hand.

    Even if we don¡¯t look at the fact that they are losing people¡¯s money in vain, we should also look at the face of the tens of millions of car owners in the country. Their day-to-day income is one-tenth of that in the United States, and gas prices are more expensive than in the United States.  It¡¯s better not to live such a frustrating life.

    Sitting in Jingya¡¯s room, there really weren¡¯t many dishes.

    Because it was evening, the side dishes were all Jiangnan style, light and focused on the original taste, and most of them were vegetarian.

    However, Xiao Qi was at Niu Ruzheng's house just now and didn't eat much. It happened that there was no need to pay attention to etiquette here, so he really ate for a while before putting down his chopsticks.

    Cao Zhichong and Kang Yuanjun are older and have eaten a little before. Naturally, they cannot match Xiao Qi's appetite. Besides, they are not here to eat. They just wait for this man to eat and drink early and help them solve the puzzle.  Give them some pointers on how to grasp the overall situation in the near future.

    Since the two of them also knew the relationship between Xiao Qi and Qiao Guoer, and knew that Xiao Qi would return to Qiao Guoer's house later, they did not dare to ask anyone to accompany them, so the three people in the room seemed a little deserted.

    Fortunately, Kang Yuanjun and Cao Zhichong deliberately flattered each other, and time passed slowly while talking and laughing.

    "Speaking of it. I really want to take pictures of the expressions of those bastards before and after, so that you, Mr. Qi, can also appreciate it." Cao Zhichong did not drink or eat meat, but as he spoke, he felt a little drunk: "To be honest  , I was under a lot of pressure! 78.3 billion US dollars! Damn it, I was the CEO of the richest state-owned enterprise in China, but it was also my first time doing such a business. I couldn¡¯t sleep during that time.  , I was afraid that I would wake up one morning and hear the news about the oil plummet. As a result, these bastards dared to make trouble and badmouthed our actions all day long!

    Sometimes I wonder, would it be better if I just follow the steps and follow the market?  But I, Lao Cao, am not willing to give in!  What is the difference between my doing this and previous CEOs of PetroChina?  I'm going to make this achievement!  I just want to follow Hongfu Qitian's Qi Shao to accomplish the great things that they can't accomplish!

    ¡°As a result, I endured and endured, and just when everyone was about to collapse, I finally made it to September.  Life is finally getting better!  I remember that day was September 13th, and the price of oil directly exceeded 80 US dollars. At that moment, I knew that I finally won the bet!  Qi Shao is indeed Qi Shao. How can the genius of our Chinese people be comparable to that of foreign financial speculators?

    This time, the voices that attacked us and Director Niu were attacked before.  All were misfired and their tails were clamped.  It¡¯s like they¡¯ve never sprayed feces into their mouths before!  But there is no need for me to take revenge on them, their future is already over!  On such a major matter, not only did they fail to judge the trend of oil in advance, but they also made things difficult for us who were serious about our work. They also showed this face in front of everyone. They are looking for death themselves!  "

    Kang Yuanjun frowned.  He wanted to remind Cao Zhichong not to get too excited, but Xiao Qi stopped him with his eyes.

    When Jiang Dahai was frightened that day, Cao Zhichong didn't react at all. It wasn't that he wasn't afraid, but because his patience was far beyond that of ordinary people.  Now that he has met Xiao Qi, the instigator, and his friends are present, he can naturally speak out freely, which can be regarded as a kind of catharsis of negative emotions. This will be of great benefit to his mental endurance in the future.

    Speaking of this, Cao Zhichong simply drank a few sips of wine to calm down the excitement in his heart.

    "Haha, Lao Cao, you have finally had your hard work now. Sinopec, CNOOC, and China Aviation Oil are not as popular as you. I heard that the people above mentioned your name and said, 'This comrade is skilled in business and has a firm stand. He is very good!'  ¡¯¡± Kang Yuanjun continued with a smile, ¡°As well as civil aviation giants such as Air China, China Eastern Airlines, and China Southern Airlines, who wouldn¡¯t thank you for your previous reminder? Although the price of oil they bought was around 70 US dollars, they only bought 100-  It¡¯s more than 20 billion yuan, but it¡¯s much better than now when I don¡¯t dare to pursue it at all!¡±

    "Isn't it Qi Shao's credit?" Cao Zhichong is not greedy for credit. "When I said it at the beginning, the people at the Civil Aviation Administration of China didn't take it seriously. But Air China, China Eastern Airlines, China Southern Airlines, Sichuan Airlines, etc., all took a prepared attitude.  , a small amount?Hoarded some.  Now he calls me often and says he regrets it, he should have bought more if he had known.  "

    After a pause, he raised his head and asked Xiao Qi: "Qi Shao, do you think we can still buy it now? Does PetroChina want to buy more?"

    Xiao Qi said calmly: "You still want to buy it? It's 78.3 billion U.S. dollars, can you really bear it?"

    Cao Zhichong did not guess on his own: "Then what do you mean"

    "No need to buy it. It doesn't make much sense to buy it now. There are too many funds involved. I'm afraid it will affect the situation later. When the price reaches the top in the future, we can slowly ship the goods! I'm afraid it will cost a lot to buy the goods now.  It took a lot of trouble to sell it." Xiao Qi said slowly: "If you have enough from the airline, you don't have to buy it. If you don't have enough, it doesn't hurt to buy more."

    "That Shao Qi, can I ask, what do you estimate the price of oil to be?" Cao Zhichong couldn't help but lower his voice.

    ¡°I don¡¯t know yet, but I¡¯m sure I can¡¯t stop at 100. If I were one of these speculators, I would stop at 150-160.¡±

    "so tall!?"

    Cao Zhichong was so frightened that he could hardly hold the chopsticks in his hand.

    Some time ago, on July 31, after the oil price broke through a record high of 78.21 US dollars, everyone estimated that it would fall back, but the trend has been rising. Now it is said that it will rise to the 100 US dollars that Xiao Qi bet on, and it has already gone from 100 US dollars to 100 US dollars.  Many people ridiculed it as a fantasy, but it turned into silent acknowledgment.

    When US$100 is just around the corner, Xiao Qi said that it may rise to US$150. What kind of concept is this? Even the historical record will double again!  !

    "But don't worry, if the oil price rises to a certain level, the United States will be the most unbearable." Xiao Qi said calmly: "The United States will not fail to respond. What we have to do is to smoothly suppress oil prices before the U.S. government takes action."  Get away and make a lot of money! Also vent your anger!"

    "It all depends on Young Master Qi's command! Old Cao must be on the front and back of the horse and obey orders!" Cao Zhichong quickly raised his cup and said.

    This thing is no joke.

    ¡°Once oil falls from such a high position, it will definitely be like a dam bursting, and there will be no stopping it at all.

    Even if the current prices of companies such as PetroChina and Sinopec are not high, it is impossible to sell them in such a violent decline, which will intensify the collapse of oil.

    The only way out is to sell oil when it is about to reach its highest point to maximize profits. This is the most beautiful attack.

    Of course, without Xiao Qi, companies such as PetroChina, Sinopec, CNOOC, and China National Aviation Oil would have to sell oil one after another at around 100 US dollars. Anyway, their average price is between 56 and 60 US dollars, and they have already made a profit.  If it is close to double, there is no need to be so greedy. Profit maximization is a "idiot's behavior" that Buffett has always disdained.

    Because he believed in Xiao Qi so much, Cao Zhichong decided to take another risk and follow Xiao Qi's command to fight. The higher the price can be sold and the closer it is to the collapse point, the greater his contribution will be.

    By then, as Xiao Qi said, based on this merit alone, let alone being in office, even if Cao Zhichong retires, no one will come to make trouble!  (To be continued)
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