- Home
- The Great Era of Rebirth: 1993
- Chapter 787 - Chapter 777 , get a few more (please subscribe!)
Chapter 777 , get a few more (please subscribe!)
Chapter 777, get a few more (please subscribe!)
“A feasible investment plan is inseparable from a process: hypothesis-argument-funding-betting-waiting-harvest.”
Lao Deng held the thick analysis data in his right hand and talked eloquently:
“We have hired 10 investigators to collect a lot of intelligence from different fields such as the Thai stock market, real estate, industry, banking, and government decision-making.
And the feedback came back very shocking:
Due to the rising US dollar exchange rate, which has led to a substantial decrease in Thailand’s exports, the Thai government has taken a risky move and borrowed from foreign countries to stimulate the domestic economy.
The survey data shows that since 1994, the scale of international capital flowing into Thailand has reached 1.5 trillion baht, which is 35% of Thailand’s total GDP in 1995, which is an astonishing amount.
Most of these international capitals are short-term loans implemented by the Thai government to stimulate the domestic economy, and the repayment period is only one year. This is undoubtedly a hidden disaster, and it can also be regarded as an early layout plan by Wall Street.
In addition, the rapid growth of domestic real estate prices and stock prices in Thailand is also a red flag. These are the results of Thai domestic entities seeing a profitable change to stocks and foreign capital, but after all, this is hyped and virtual, to put it bluntly. It’s a bubble economy.
At this point, in order to repay the debt, the central bank of Thailand knows that there are tigers in the mountains, and it can only go to the mountains. Predatory Thailand provides the prerequisites for maturity.
I think Thailand cannot escape this crisis, and the baht will collapse within six months at most.”
Everyone in the conference room listened to Lao Deng’s analysis with a solemn expression. The aggregated data of various industries in Thailand were displayed, and the action maps of the Wall Street counterparts explained a problem to the participants: Thailand real estate, The stock market and banks are already on the verge of collapse.
In other words, one foot has now stepped into the coffin, and only one tipping point is when the bubble bursts.
At the same time, looking at the data reports and action charts, everyone’s solemn faces revealed eagerness to try again, because in the eyes of these predators, crises are full of opportunities.
Everyone in the conference room started to tremble involuntarily, all eyes were fixed on the big boss in front of him. I didn’t expect that this young boss who was so excited when we met for the first time would have such courage, ambition, and even a little ruthlessness.
Since so many problems have been discovered, then his boss may also be one of the biggest beneficiaries of this gluttonous feast. As for whether this is a nightmare for ordinary people in Thailand, it is not something they should consider if it deviates from their own work.
“From the beginning of February, Soros began to aggressively short the Thai baht. He borrowed up to $15 billion in forward Thai baht contracts from the Bank of Thailand, and sold them on a large scale in the spot foreign exchange market, increasing the pressure on the devaluation of the Thai baht and causing turbulence in the Thai financial market.
The central bank of Thailand used $2 billion in foreign exchange reserves to intervene, quelling the turmoil, keeping the baht at 25:1 against the dollar.
But before the Thai government could take its breath away, the rating agency Moody’s lowered the credit ratings of the three major banks in Ayutthaya, Kyoto, and Thai Army from A2 to A3. Two weeks later, they were downgraded from A3. to the extremely dangerous B1 level.
A rating in junk territory means that international financing markets are closed to Thais. ”
“I have a hunch that the best time to short the baht is coming, maybe at the end of this month, maybe at the beginning of next month, this is the best opportunity we’ve ever had to buy put options, because the baht can’t hold up,” Deng said. half a year.”
Everyone in the conference room was excited, Zhang Xuan and Tao Ge looked at each other and nodded slightly: This greasy old Deng still has two brushes.
Although Zhang Xuan does not understand finance, he knows the general trend of the future. Although there are discrepancies between Lao Deng’s analysis and the general trend, under such a big collision, it can be ignored.
At this moment, he was very fortunate to have fooled a talented person like Lao Deng to do things for him.
The meeting lasted for 2 hours, and then the young President Zhang invited the guests and invited everyone in the company to have a feast.
After drinking and eating, Lao Deng said to Zhang Xuan and Tao Ge, “Go, go to my room and sit down.”
Zhang Xuan heard the overtones and did not refuse.
Entering the suite, Lao Deng untied his tie and asked, “Drink tea or drink.”
Zhang Xuan leaned on the sofa: “Drinks, it’s convenient.”
Lao Deng asked Tao Ge, “How about you?”
Tao Ge said: “Bring me a can of Coke.”
Lao Deng took out three cans of Coke from the refrigerator, one for each person.
Zhang Xuan lifted the lid and drank half the bottle before asking Lao Deng, “Tell me, what’s the matter?”
Lao Deng also took a sip, put down the cola and said, “You are a thief, you know that you can’t hide it from you.
I would like to ask you, how much money can you raise in the next month? ”
Zhang Xuan was stunned: “Didn’t you already transfer 100 million pounds to the company’s account?
not enough? ”
Old Dengz said: “This is a once-in-a-century opportunity, and you are willing to invest only 100 million pounds?”
Zhang Xuan’s eyebrows were twisted together: “You can speak, how much do you need?”
Lao Deng rubbed his hands together: “I know you are not short of money, do you want another 100 million pounds?
In this way, I have enough funds in my hand, and it will be much easier for me to operate. ”
Nima!
Old Deng, I am a fairy, the old man now has more than 300 million pounds in the Swiss bank. If you spend another 100 million, it will only be 200 million pounds.
But considering that money can’t make money, and just lying in the bank is not the way, he didn’t agree or refuse the first time.
Zhang Xuan thoughtfully said: “My money is not from the wind, I need to save some wife’s book, I will think about it.”
Apart from the topic of funds, Zhang Xuan mentioned another thing about coming to Singapore this time:
“Old Deng, don’t just stare at the stock market, but keep an eye on the financial situation of some big companies such as Japan, South Korea, and Hong Kong. This is useful to me.”
Old Deng was stunned: “Are you too daring to be too fat? Dare to make Xiangjiang’s idea? You know that you can return this year. You are not afraid of death, but I am afraid of death.”
Zhang Xuan rolled his eyes: “Are you stupid or am I stupid? How can I do such a thing of backstabbing the country?
The reason why you want to pay attention to Xiangjiang is because there are several real estate companies in Xiangjiang that may have opportunities at that time.
For example, Tomson Group has a lot of land plots with excellent locations in the Shanghai stock market. You think we would take this opportunity to become a shareholder of Tomson Group? Will the top three shareholders be happy? ”
Old Deng grinned happily: “It’s really cool. If you don’t talk about it, I’ll take care of the sheep. Besides real estate, what other aspects do you focus on?”
Zhang Xuan said leisurely: “Let’s focus on chips and screens. In fact, don’t focus on any aspect. Every economic crisis is a major reshuffle of capital. We must seize every opportunity to make more money in Japan and South Korea.”
ps: Please subscribe! Ask for a monthly pass!
(end of this chapter)