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Chapter 128 Harvest season, Japanese buyers!
Time flies, April has passed, and May has also passed~
When time entered June, Lin Haoran felt that this was a season of harvest.

As he expected, oil prices continued to rise at a very rapid pace in April and May.

On the morning of June 1st, Lin Haoran got up, washed up, and picked up the newspaper prepared for him by the Filipino maid and started reading.

The first thing he looked at was the latest international crude oil price: US$27.86 per barrel.

This was a price within his expected range. Although it was not unexpected, Lin Haoran was in a very good mood.

His oil cost is only $12.5 per barrel!
According to the contract signed with Saudi Aramco, he can only store his crude oil for free until the end of June.

And he has no plans to continue hoarding. If he continues to hoard, even if the price rises to $30 per barrel, the difference compared to $27.86 per barrel is not that big, and relatively speaking, it will be too time-consuming.

Therefore, Lin Haoran decided to recover the funds as soon as possible.

While watching the crude oil price, he also paid attention to another piece of news: the international gold price.

Since the end of May, the increase in gold prices has slightly accelerated.

In April, the price of gold showed signs of a slight decline, but by May, the gold price had risen from around $4 per ounce in April to over $5 per ounce.

Today, June 6st, the latest quotation has reached US$1 per ounce.

It is time to enter the gold futures market as soon as possible.

In the next six or seven months, gold will soar into the sky at an extremely exaggerated rate.

The United States could not bear this rapid rise. In order to boost the weak dollar and maintain its position in the world, it had to suppress the price, which eventually led to a sharp drop in gold prices.

After breakfast, Lin Haoran returned to the chairman’s office of Wan’an Group.

To outsiders, the current Wan'an Group does not seem to have changed much from the Lin Wan'an era. The group is currently responsible for only two major projects, one is a commercial building project in North Point, and the other is the construction project of the Shangri-La Hotel in Tsim Sha Tsui.

In fact, only the top management of Wan'an Group knew that Wan'an Group had carried out many major operations in the past two or three months.

Moreover, judging from today's increasingly hot real estate market, the original decisions were all correct.

Wanan Group's decisions on loans and investments only need to be disclosed in the financial statements when the annual financial statements are released. There is no need to announce them to the public as soon as possible, like changes in senior positions.

Therefore, not many people know about these decisions made by Wanan Group.

Since 1978, most listed real estate companies have benefited from low prices and skyrocketing housing prices, and their stock prices have also skyrocketed.

Real estate giants such as Hong Kong Land Development, Henderson Land Development, Cheung Kong Holdings, New World Development and Sun Hung Kai Properties have seen their share prices soar by more than 50% over the past year.

However, among these listed real estate companies, Wan'an Group is like a freak. Its slow development speed has prevented much increase in the shares of Wan'an Group.

From last year to this year, the increase is not even 10%, and the stock trading volume is low all year round.

If it were other bosses, they might hope that the shares they hold would skyrocket, which would mean that their net worth would also skyrocket.

But Lin Haoran didn't have this idea. To him, the value of his stock market assets was all fake and didn't have much practical significance.

Therefore, he had no interest in pushing up Wanan Group's stock price.

If he hypes it up a bit, the share price of Wan'an Group can break through the market value of HK$2 million at any time and rise to a higher market value. This is the general trend of the entire real estate industry.

But now, the total market value of Wan'an Group is less than 1.7 million Hong Kong dollars.

Before Lin Haoran took over, the total market value of Wan'an Group had actually reached HK$1.8 million.

However, after Lin Haoran took over the position of chairman, affected by the previous influence of Qingzhou Yingni Company, many shareholders held a distrustful attitude towards the young helmsman Lin Haoran.

Therefore, even though the entire real estate industry is rising, Wan'an Group is like a weird thing. It has fallen from a peak of 1.8 million Hong Kong dollars to its current total market value of less than 1.7 million Hong Kong dollars.

If nothing unexpected happens, when Wan'an Group sells its properties in the future, the group's available funds will reach hundreds of millions of Hong Kong dollars.

As for how many hundreds of millions it is, we will have to wait until we sell the properties that need to be sold, then we will know.

Once next year’s annual financial report is released, it is estimated that Wanan Group’s stock price will soar.

Therefore, Lin Haoran even planned to privatize Wan'an Group.

Once the group is privatized, the money will be his, not everyone else's.

The current value of Wanan Group shares in the hands of shareholders is less than 100 million Hong Kong dollars. At a cost of less than 100 million Hong Kong dollars, one can increase their available funds by several hundred million Hong Kong dollars, which is a much easier profit.

Others need to rely on financing to develop their companies, but Lin Haoran does not.

He has a certain understanding of the future economic trends, and as long as he seizes some key opportunities to make money, he won't have to worry.

Sitting in the office of the chairman of Wan'an Group, Lin Haoran first reviewed and approved two business plans handed over by Yang Mingyi, then put down his work and thought about how to sell the crude oil he had on hand.

The simplest way is to contact Bao Yugang proactively. He must have customers who are short of oil.

However, before Lin Haoran took the initiative to contact him, Bao Yugang called again. "Haoran, I remember you said before that you planned to sell the oil in early June, right?" Bao Yugang asked directly.

"Yes, Uncle Bao, that's exactly what I was thinking." Lin Haoran replied with a smile.

"You won't wait anymore? I think the oil price will continue to rise." Bao Yugang asked with curiosity.

"It will definitely continue to rise, but I don't know how high it can go. I'm already very satisfied with the current profit. As a human being, you can't let greed control yourself." Lin Haoran explained.

Of course he wouldn't tell the truth, and Lin Haoran also planned to make the next gold investment secretly.

In Hong Kong, it might be difficult for him to hide his investment from some people.

But he had no plans to invest in gold in Hong Kong, as the market here could not afford such a large amount of funds.

"It just so happens that I have several petrochemical companies in Japan. If you are willing to sell, why don't I let them contact you?" Bao Yugang said.

Obviously, these Japanese customers should be major customers of the Global Shipping Group, otherwise Bao Yugang would not be so concerned about them.

"Okay, then I'll trouble Uncle Bao." Lin Haoran said with a smile.

Japanese customers?

Lin Haoran has made a decision.

The oil price needs to be raised. He would be happiest if he could make money from the Japanese.

He knew that Japan was a major oil consumer, but its oil reserves were limited. Locally exploitable oil resources could only meet a small part of the country's oil demand, and most of the oil supply had to rely on overseas imports.

Therefore, Japan is highly dependent on oil, and this high dependence on imported oil poses a huge risk to Japan's energy security.

Just like this time, they had to tighten their belts to use their domestic oil.

In order to deal with this risk, Japan began to build strategic oil reserves, so the demand for oil is very high.

But now, all oil exporting countries not only have to queue up, but even if it is your turn, they have to limit the amount of oil they sell.

So, the current situation is that even if you have money you can't buy enough oil.

As a result, oil prices will naturally continue to rise.

Not long after hanging up the phone, Lin Haoran received a call from an unfamiliar number.

The call came from someone speaking not very standard Chinese.

"Mr. Lin, I was introduced by Mr. Bao Yugang. I heard that you have a lot of oil. On behalf of three Japanese petrochemical companies, I hope to purchase this batch of crude oil from you." The other party spoke very respectfully.

"Of course, but I have to see what price you offer." Lin Haoran said with a smile.

"Mr. Lin, I wonder how much oil you have in your hands?" the other party asked.

"480 million barrels!" Lin Haoran answered directly.

This is a huge amount, so when the other party heard Lin Haoran's words, he was immediately surprised.

"Mr. Lin, we have an office in Hong Kong. How about we send someone over to discuss with you in detail?" The other party did not rush to mention the price, but said this.

"Okay, I'm in my office in the Wan'an Group Building, waiting for you at any time." Lin Haoran responded.

If the buyer was from another country, Lin Haoran might not know how to negotiate the price, but he felt that it would be easier to negotiate the price with the buyer from Japan.

From the fact that Bao Yugang called him many times, and all of them were clients from Japan, it was obvious that the other party's demand for oil was too great.

Although we can't overcharge them, there's no problem in charging a little bit.

Half an hour later, three Japanese people came to Lin Haoran's office.

Behind these three Japanese people, there are their respective companies.

"Please take a seat, everyone." Lin Haoran said with a smile. These people were all sending him money.

"Mr. Lin, could you show us your evidence of oil storage?" As soon as the other party sat down, someone couldn't wait to ask.

"Of course no problem." Lin Haoran said, taking out the oil purchase contract.

There is actually no need to hide these things. After all, everyone knows what the oil price was in November.

"Mr. Lin, you are such a great investor." A Japanese man exclaimed when he saw the unit price of US$12.5 that Lin Haoran purchased.

"Okay, I know your purpose. If you want to buy, just show your sincerity. I want to make it clear in advance that there are many people who want to buy my oil. Everyone knows that my 480 million barrels of oil can be used at any time.

At present, my oil is stored in the oil tanks of Saudi Aramco. These are my advantages. If you don’t have a little sincerity, then our cooperation may not be able to proceed. "Lin Haoran gave them a shot of vaccination first.

(End of this chapter)