Rosneft is also a joint-stock limited liability company with a total share capital of 2 billion shares and has not yet been listed. After the outbreak of the Russian financial crisis, total assets were only $495 million. Kirilenko decided to sell 75% of his shares in order to relieve financial pressure. To HTIC, the two parties had signed a provisional agreement on the transfer of equity. However, after Primitov came to power, he clearly opposed it and finally allowed HTIC to invest US$124 million and hold 500 million shares of Rosneft, accounting for 25% of the total share capital.
Sun Jian didn't take advantage at that time!
Primkov appointed Rosneft Vice President Danchikov as President of Rosneft to form a new company management.
Danchikov received his doctorate in 1981; in 1997, he was appointed Vice President of Rosneft due to his outstanding work, responsible for the company's business in Sakhalin and the Far East.
After Danchikov took office, he proposed to change the company's status quo, restore the lost market share and put the company on the track of sustainable development. He made bold reforms and hired new people. The company spent more than half a year auditing assets and eliminating centrifugal tendencies within the company. By May 1999, control of the company's assets was successfully restored, and unified production and economic policies were implemented company-wide. As international crude oil and natural gas prices soared, Rosneft posted a profit of $320 million in mid-1999 (last year Loss of US$460 million during the same period) and earnings per share of US$0.16, the company has entered a stable development track.
New York crude oil futures prices started from the lowest of US$8.45/barrel at the beginning of the year. The closing price yesterday (11th) was US$20.66/barrel, a surge of 145%! According to the IMF's forecast, with the strong recovery of the global economy and increased demand, crude oil futures prices in 2000 may exceed US$30 per barrel.
New York natural gas futures prices started from last year's lowest of US$1.06/million British thermal units (MMBtu). The closing price yesterday (11th) was US$2.86/MMBtu, a surge of 170%! According to IMF forecasts, with the rise in international oil prices, natural gas futures prices next year may exceed US$7/MMBtu.
During the Spring Festival this year, Sun Jian received an investment analysis report from Huang Weidong, director of the ATIC Futures Investment Department. The price of crude oil on the New York Futures Exchange fell below $8.45 per barrel and closed at $8.5! Immediately instruct Yu Jianguo, Li Huabin and Huang Weidong to invest US$500 million to go long the October New York crude oil futures contract and add 10 leverage.
After the delivery on October 29 (Friday), the profit on the account was US$6.856 billion (excluding transaction fees)! This was Sun Jian's first time entering the crude oil futures trading market. In more than 8 months, he made a fortune!
Sun Jian had never done crude oil futures trading in his previous life. When he saw Chen Huamin and others from HTIC Futures Investment Department investing in New York crude oil futures contracts, he considered that the stock index futures investment funds at his disposal were getting larger and larger, so as to avoid large funds causing violent fluctuations in the Hang Seng Index futures market. Germinate investing in New York crude oil futures that are less likely to cause market volatility.
From then on, Huang Weidong sent a New York crude oil futures investment analysis report every trading day. Sun Jian, who is good at learning, has also become an expert in New York crude oil futures theory. Crude oil futures price fluctuations are determined by market demand. As market demand increases, oil output increases. Factors such as organized production cuts and local wars will cause crude oil futures prices to rise.
Crude oil futures are also a zero-sum trading product and a means of hedging (hedging trade) for oil production companies.
Since investing in Rosneft and Rosneft, Sun Jianeng has obtained the first-hand oil and natural gas transaction prices of the two companies from Lekatov, the director of the two companies, and can read what Huang Weidong sent him every trading day. New York crude oil futures trading analysis report, the memory of global crude oil prices in the past life fluctuating violently with global economic development and war gradually returned to his mind. He remembered that next year's 91* and the 2003 Iraq War will cause oil prices to rise sharply. Especially before the global financial crisis broke out in 2008, the international crude oil futures price exceeded US$150 per barrel!
Sun Jian doesn’t know the rise or fall of New York crude oil futures prices next month? But he knows that with the rapid development of China's economy, the global economy will get rid of the impact of the Asian financial crisis and enter the track of rapid development. The prices of crude oil and natural gas futures will also rise and move up the channel. He saw that the price of New York crude oil futures fell below According to the analysis report of US$8.5/barrel, it is immediately clear that this is the lowest point in history! Invest US$500 million, add 10 times leverage, and boldly go long in New York crude oil futures trading!
The first time he went long on the October contract of New York crude oil futures, he made a fortune. Sun Jian doubled his confidence and instructed Huang Weidong to invest US$500 million each to continue to go long on the October contract of New York crude oil and natural gas futures, both with 10 leverage!
The IMF predicts that with the strong recovery of the global economy, New York crude oil futures prices will rise to US$30/barrel next year, but no one can predict the sharp decline of the Nasdaq index as the Internet technology stock bubble bursts? How could anyone predict the 91* outbreak? The United States had to launch an anti-K war, and the Iraq War broke out! The war in Afghanistan breaks out...
The price of New York crude oil futures falling below 20 US dollars per barrel will become history. Be bold and go long in New York crude oil and natural gas futures!
Instruct Huang Weidong to invest US$200 million each to go long on the February contracts of Nasdaq and Dow Jones stock index futures, increasing leverage by 10 times!
Instruct Li Huabin to invest US$3 billion in technology stocks such as Microsoft, Qualcomm, Cisco, INTEL, and Dell.
Enjoy the last crazy dividends from Internet technology stocks!
The US$500 million Sun Jian invested in Gazprom and Rosneft today was the money he earned from investing in the October New York crude oil futures contract!
I think this is the luck of investing in two companies!
Both Ivanovich and Danchikov admired the hidden richest man in the world, Sun Jian, for his courage and foresight, his proficiency in multiple languages, and his profound knowledge. When they had the opportunity, they discussed with Sun Jian the impact of the recovery of the world economy on the oil and gas market. The impact of fluctuations? Benefited a lot.
From the moment he took shares in Rosneft and Rosneft, Sun Jian knew that the Russians would regard him as a cash cow, but he was not worried that once international oil and gas prices soared, he would be able to recoup his investment from the annual dividends of the two companies. When Rosneft grows up under the leadership of Danchikov, it will become comparable to China Petroleum in its domestic market position.
Under the leadership of Ivanovich, Gazprom is now Russia's largest oil and gas company, with a total share capital of 5 billion shares, listed in London, New York and Moscow.
In 1998, earnings per share were US$0.10 and dividends per share were US$0.05. HTIC received US$62.5 million in dividends.
Rosneft has not yet been listed. In 1998, earnings per share were -$0.35, and the board of directors decided not to pay dividends.
