America's Road To Wealth Chapter 112

  Chapter 112 Amanda's favor? (710)

  2000,

  September 20.

   This day is the day when Smith Capital moved.

  Smith Capital, which was originally located in the Woolworth Building, moved to LIC next door to Manhattan Island as a whole.

  LIC is what New Yorkers call "Long Island City".

  People often confuse Long Island City (Long Island City) with Long Island (Long Island), but the difference between one letter and the other is thousands of miles away.

  Long Island refers to a long and narrow island southeast of New York City.

  The west side is close to Manhattan Island, and the other three sides are close to the sea. It is very large and is famous for its clear water beaches, coastal lighthouses, wineries, etc.

  Abel's only manor villa at present, No. 1, Huangdian 13th Road, is on this island.

  In a narrow sense, Long Island City is a small area in the westernmost section of Long Island.

  In 1870, this small city was born. Then it took 28 years for Long Island City to be incorporated into the greater New York area, following Queens. Everyone kindly abbreviated it as "LIC".

  Strictly speaking, it actually belongs to the Queens District, which is an area below the Queens District.

  Entering the 20th century, a bridge and a subway became the only way to enter Long Island from Manhattan, establishing Long Island City's important position as an industrial hub.

  In the early urbanization process of New York, it played the same role as Brooklyn's Williamsburg and Dumbo communities, belonging to the city's docks and factories.

  Until the 1970s, when the manufacturing industry ushered in a cold winter, the abandoned factory buildings were spotted by artists and rented for creation. This area gradually became the area with the most intensive art activities in New York.

   Finally, after entering the 1990s, as the land of Manhattan was developed to the extreme.

  More and more real estate developers are eyeing here, and a large number of commercial buildings and high-end CBD office buildings have been developed.

   In addition, it faces Manhattan only across the East River.

  This place has gradually become a lot of companies that don't like the crowded Manhattan, or simply think that Manhattan is too expensive.

   They all moved here.

  The most famous is Citibank, whose headquarters are nearby.

  Smith Capital's new headquarters building is located on the periphery of LIC near the East River, and can directly see the opposite Empire State Building.

   It is a five-story building built in 1970.

   It was once used as a museum, library, supermarket, and was purchased by Abel last month.

   It took about a month and $3 million in renovations.

  Here is now named [Smith Building], which is used as the headquarters building of Smith Capital.

   The company's relocation, of course, does not require Abel to do it himself.

   It doesn't even need the help of David Mellon, a Wall Street elite. The company's deputy general manager, Melio, has already arranged everything in an orderly manner.

  Abel and David only need to stay in the office on the fifth floor opened up for them.

  While drinking his favorite coffee, he looked at the opposite Manhattan.

  The two discuss the company's next investment plan.

  “.New York Crude is now at 34.96, Brent is at 35.16 and Oman is at 35.09.””

  Office, David said: "Obviously, this month, it's up again."

   "The analysts on Wall Street, as well as our own analysts, believe that crude oil has a high probability of breaking through $36, or even $37."

  Abel shook his head.

  Smith Capital has previously invested billions of dollars in international crude oil.

  Follow-up, after receiving the funds from the first private placement, another 1.5 billion US dollars was invested in it.

  Smith Capital currently has a total investment of more than 2.5 billion US dollars in international crude oil.

  With leverage, the company can control the influence of funds in crude oil futures, exceeding tens of billions of dollars.

  Abel said: "What is our average cost?"

  When he started investing, his requirement was that the purchase cost should not be higher than $31 a barrel.

   But when the new money was invested later, the price of oil had risen a lot.

   On average, it is clearly impossible to keep the cost below $31.

   Sure enough, David said: "At present, our average holding cost is a total of 32.3 US dollars."

  After hearing this data, Abel said: "It's already good. Even with the lowest New York crude oil, we still have a profit of more than 2.5 US dollars."

   "David, let the people below start preparing. In these two days, when everyone thinks it will rise and is bullish on it, start closing positions and selling."

  David Mellon was stunned.

  Abel's judgment obviously contradicts the current mainstream argument on Wall Street.

   "It seems that crude oil is going to fall?"

  David said softly: "No problem, I'll let everyone start selling immediately."

  Abel nodded, "There's no need to be in a hurry. Just throw them out in a week. I estimate that within a week, they can still be at this price."

   "Understood." David nodded.

   In this way, David has relatively more time to operate.

  This can at least make or save hundreds of millions of dollars or even more profits for Smith Capital.

   After talking about the company's largest investment so far, David began to talk about another thing.

   "I made an appointment for you with Isaac Perlmutter. The gentleman would be happy to meet you."

  David said: "You have just become the chairman of an entertainment brokerage company, and you have established a sweater brand, and now you are in contact with the chairman of a toy comic company."

   "Honestly, Abel. Sometimes I don't even know what you're thinking."

   "Thank you, David. But I don't want to explain it to you now, you just need to know, and you will know the reason in a few years." Abel replied with a smile.

  David: "You're always like this"

   "But who called you a boss?" He added: "Isaac Perlmutter said he was free anytime. He is now on the plane to New York."

   "Uh, I remember the company he owns, wasn't it in New York before?"

   "Yes. But you know, it almost went bankrupt and delisted in 1996. Although it has recovered, it has been very bad."

  David said: "In 1998, in order to reduce expenses. Isaac Perlmutter moved the company to Los Angeles."

   "Understood." Abel nodded, "Then when this Mr. Perlmutter arrives, please notify me immediately."

  David had just made an OK gesture when he saw Abel pause and asked another question.

   "By the way, David. I heard that this Perlmutter is a venture capital businessman, and he also likes to play stocks?"

  David nodded: "Yes. Let me tell you another thing, before I was still working for Goldman Sachs, Isaac Perlmutter was one of my big clients."

   "Oh~ what a coincidence?" Abel couldn't help raising his eyebrows, "Then you should be familiar with Isaac Perlmutter's investment?"

   "Almost." David nodded.

   "Hey." Abel had a meaningful smile on his face.

  He said: "So do you think we can make some trouble for Mr. Isaac Perlmutter?"

   "Uh" David Mellon looked at him, "What do you mean?"

  Abel whispered something to him.

   "Uh" David Mellon hesitated after listening.

   “It seems a bit against my professionalism.”

   "Come on," Abel said with a smile, "This could potentially make you a few hundred thousand dollars."

   "Okay." David nodded, "My current professionalism is all for Smith!"

   "Ha~"

   "That's right." Abel stood up, walked to David, and patted him on the shoulder: "Go. You are much more professional than me in this regard."

  David made an OK gesture, and the two of them laughed at the same time, looking a little embarrassed.

  At this moment, there was a knock on the office door.

   Immediately afterwards, a delicate voice sounded:

   "Mr. Smith, Mr. Mellon, this is Amanda. May I go in? There are some documents that need to be placed with you."

  After hearing this voice, David gave Abel a thumbs up.

   This guy also said softly: "You really have it. Ask the eldest lady of the Hearst family to come and move our company!"

   "Ha~" Abel laughed, "It's not my fault. I didn't do it on purpose. Who told her to come here for an internship and just happened to meet our company's relocation?"

   "And." Abel added: "It's not that I told her not to do this kind of work, she insisted on doing it herself."

  David shook his head and called out, "Come in, Amanda."

  The door was pushed open.

  Amanda still has a petite body, holding documents and files as high as her hair, and walked in with some difficulty.

  She looked wobbly, as if the papers and files were about to drop to the floor at any moment.

  Abel looked at David and motioned for the latter to help.

  David shook his head and refused, his eyes slipped around Abel and Amanda, his eyes were a little ambiguous.

  Abel had no choice but to shake his head, and walked over to catch the large number of documents and files that Amanda staggered over.

   "Be careful, Amanda. In fact, you don't need to do these rough jobs, someone from the company will do it." Abel helped her put the documents and files on the table.

   "That can't be done." Amanda breathed a sigh of relief, and then laughed, "I'm your secretary now, although it's just an intern. But it's also my job, and of course I must do it well!"

   "Okay. As long as you like it." Abel waved his hand.

   Amanda didn't stay long, smiled sweetly at Abel, nodded politely at David, turned around and went out to work again.

   After she left and the door of the office was closed.

   David Mellon suddenly said:

   "It seems that this young lady of the Hearst family has some kind of meaning for my boss."

   "Ha~" Abel smiled, "Don't say such things. She is only sixteen years old."

  David rolled his eyes and wanted to say something else in this regard.

  Abel did not give him a chance.

   "Okay. Remember to keep an eye on the matter of crude oil. When the shipment is completed, let me know immediately. Also, don't forget about Isaac."

  He chose to leave directly.

  Just before leaving the company, he explained David Mellon like this.

  Leaving the Smith Building, Abel's motorcade quickly left the LIC, and soon headed for JFK International Airport, which is also in Queens.

   An hour later, he was already on the plane to Texas.

   On the plane, he used the satellite phone to call another David who he left in Tarrant County.

   "David, this is Abel Smith."

   "Good afternoon, BOSS. I know it's you, and I have your satellite phone number."

   "OK. So, I'm on my way to Tarrant County now. I'll be there in about two hours. David, tell me what's going on there."

"OK."

  A week ago, due to the surprise raid by the Manhattan District Attorney's Office.

  Abel was forced to return from Texas early.

   Afterwards, he found that it was nothing serious at all.

  Manhattan District Attorney's Office, just on behalf of some people, a small warning—no, not even a warning.

   It can only be said to be a compliment.

  The other party is probably telling Abel that they can do this if necessary.

   Abel was depressed and helpless about these people's actions.

   However, he did not make it easy for the Manhattan District Attorney's Office who was regarded as a gun.

   Afterwards he spent some money, sparking a little media firestorm against the Manhattan District Attorney's office.

   Among them, the newspapers in the Los Angeles area are the most enthusiastic and rush to the forefront.

   Even now he has stopped investing money.

  The West Coast newspapers, led by the Los Angeles Times, are still doing trouble.

  In addition to this aspect, he also let Caroline launch a lawsuit storm against the Manhattan District Attorney's Office.

   Compared with the previous storm of public opinion, it is obvious that this time-consuming and laborious litigation storm.

   For the Manhattan District Attorney's Office, the harm and impact are even greater.

  According to Caroline, Robert Morgenthau had a headache.

  The old guy wanted to find Abel for dinner, so he made an appointment with Abel through Caroline.

  Abel pushed again and again, and this time he simply flew directly to Texas, so that Robert Morgenthau could not find anyone.

  Actually, Abel also knew about these two means of revenge.

   It doesn't really hurt the roots of the Manhattan District Attorney's Office.

   It can only cause them some trouble, especially the former, probably not even trouble.

  Because of the storm of public opinion originally aimed at the Manhattan District Attorney's Office.

   Now it has turned into some kind of low-intensity confrontation between the newspapers of the West Coast and the East Coast.

   There is no business with the Manhattan District Attorney's office at all.

  It is also a lawsuit storm, this kind of straightforward krypton gold method.

   gave Robert a headache and trouble.

   So much so that they all wanted to ask Abel to have dinner, probably because they wanted to reconcile.

  Abel also knew that reconciliation would always come.

  Because this time it is really not a big deal.

  Strictly speaking, it should even be said that the Manhattan District Attorney's Office is acting impartially.

  The two employees of Abel really committed crimes.

   It's just that these things are not done on Smith Capital's side.

   It was a crime I committed at my previous company before I came to work here.

  Abel has already made plans, when he returns from Texas.

  As long as Robert is a little softer, he will cancel this lawsuit storm.

   After all, the main purpose of launching this counterattack has also been completed.

   It also freed him up to focus back on Texas.

   On the Texas side, Abel left David Jones and five bodyguards.

  Five bodyguards, three of them were with Alexander Smith.

  The other two are working for David Jones.

  What David has to do is very simple. He represents Abel here and discusses with Devine how to help Alexander.

   At the same time, the relocation of the rock security guards to this side has been completed.

   "First, Aleswas & Electric."

  David's side, according to the boss's concern, let's talk about the energy company first.

  Although David didn't know it, the relocation of Rock Security was obviously more important.

   But the boss seems to pay more attention to such a regional electrical company.

   "I have been in touch with several shareholders and the board of directors of this company through Mr. Devine."

   "Obviously the other party has a very urgent idea of ​​selling, and the offer is very low. Only 20 million US dollars is needed to win 80% of its shares."

   "But there is a problem, that is, this company has nearly 50 million dollars in debt. The debt has exceeded twice its market value, and this is the biggest problem."

  The debt ratio is 250%. Abel on the plane was a little speechless when he heard this data.

  He asked again: "What about other aspects?"

   "Other Words." David Jones:

   “The company currently has about a thousand employees.

   Three power plants, twenty-one gas stations, 555 miles of natural gas pipelines.

  It provides electricity to one thousand small farms in Tarrant County, and has about 100,000 to 120,000 customers. "

  Abel held the satellite phone and spoke again: "What is the reason for the serious debt?"

   "I checked the information, the reason why I have so many debts."

  “There are three reasons. One is that its three power plants are all old-fashioned power plants. The technology is outdated, requiring a lot of maintenance fees every year, and the efficiency is also worrying.”

   "The second reason is that Ales Company recently acquired a gas company. This gas company is also on the verge of bankruptcy. Ales sees that it has two natural gas fields."

   "The third reason is competition. There are 11 electric power companies in Tarrant County, and the competition is very fierce. Ales Company, which has no cost advantage, lost in the price war."

   "Hoo~"

   On the plane, Abel exhaled lightly.

   "Understood," he said. "Well, wait until I arrive. Talk about the rock security relocation."

   "Relocation is not an issue." David said: "Tarrant County Council welcomed the arrival of Rock Security.

   It's just that Sunny Mountain Farm is still blank.

  If you want to wait until the construction is complete and can accommodate more than a thousand people to settle in the training ground, it may take more than half a year of construction time. "

   "Understood." Abel said again.

   "Wait for me to pass."

   After finishing speaking, he hung up the satellite phone.

   Then he looked up and looked at the four beautiful stewardesses standing in front of him.

  Different from last time, he could only tell that one of the four stewardesses was familiar.

   Not Maria, but another one.

  He pointed to the familiar flight attendant, and said softly:

   "Where's Maria? Isn't it Maria's turn this time?"

  He kind of misses Maria from last time.

  Can blow and play, brush teeth well.

  The flight attendant who was called by him was stunned, and then immediately replied:

   "Oh, sir. You mean Maria, right? She's getting married this week, and she's taking time off to get married."

   "Take leave of absence to get married." Abel felt a little regretful.

  But after thinking about it, I don't want to collect it.

   What a pity, it's a big deal to meet again next time, just to experience it again.

   At that time, there was also the blessing of Cao Cao's attributes, wouldn't it be more beautiful?

  As long as you pay attention to safety, this occasional game.

   It's okay to eat.

  Thinking like this, he looked at the four stewardesses again.

  The quality of the four people this time is not as high as the last two.

  The one with the most beautiful body and the best body is the one who just spoke.

  Abel now has higher requirements and appetite.

  This kind of quality has made him not think much.

   He even thought about getting off the plane later.

  I want David to complain to American Express.

  The quality is getting worse and worse, bad review!

  (end of this chapter)

Chapter end