Chapter 69 Two Chances
On the way back, Chen Yi couldn't help thinking about his second pot of gold. Through the benefit of the boss, Chen Yi got the first pot of gold, thus realizing the gorgeous transformation from the bottom of the society to the factory owner.
Now Dafeng Toys Factory has nearly 400 employees. In the eyes of many people, Chen Yi is already considered a successful person, a proper winner in life, who can be honored.
This is really not an exaggeration. Thinking about the situation of the Chen family before, and looking at the life of the Chen family now, who would dare to say that Chen Yi is still an ordinary person?
But these are only what ordinary people think is okay. In Chen Yi's own opinion, he is still far, far away.
Compared with several foreign firms and Li Chaoren who has already made a name for himself, neither Dafeng Toy Factory nor Chen Yi himself is far from qualified.
In Xiangjiang, a society where everything depends on money, with his worth, he doesn't even have the chance to have a cup of tea in front of those big shots.
Therefore, Chen Yi felt that his net worth must be increased as soon as possible. Only in this way could he seize the good opportunity with Li Chaoren and other bigwigs.
7374 was a good opportunity to buy the bottom, whether it was to buy the bottom of listed company stocks, or to buy the bottom of Xiangjiang Real Estate, this is an excellent opportunity not to be missed.
How much profit the Rubik's Cube toy can bring him in the future, not to mention for now, besides the Rubik's Cube toy, he also wants to obtain a huge amount of bottom-hunting funds through other methods.
As a fan of novels in his previous life, Chen Yi had a lot of Xiangjiang novels in his mind, and among them, there were two opportunities for his predecessors from all walks of life to start their careers.
Two major events occurred in 1973 and 1974.
The first thing was that in October 1973, the fourth Middle East war broke out. Unlike the previous three wars, this war was actually a war deliberately launched by Arab countries in order to raise oil prices.
In October 1973, twelve Arab countries including Egypt and Syria launched the "Ramadan War" against Israel.
As a result, the Fourth Middle East War officially broke out.
In order to cooperate with the war and attack Israel and its supporters, on the day the war broke out, Syria first cut off an oil pipeline, and Lebanon also closed Sidon, an important oil delivery port in the south.
At the same time, Iraq announced that it would nationalize the shares jointly owned by Exxon and Mobile of the United States in Basra Petroleum Company, a subsidiary of the Iraqi Oil Company.
Followed by Kuwait, Iraq, Saudi Arabia, Qatar, the United Arab Emirates and Iran decided to increase the market price of crude oil in the Gulf region by 17%.
The Middle East war broke out, and global oil prices rose accordingly.
In the era of industrialization, oil is an inseparable energy resource for all industrialized countries. The Arab countries jointly cut off the oil of European and American countries, causing panic in the international oil market.
Historically, from October to December, in just two months, the Arab member states raised their benchmark crude oil prices from three dollars per barrel to eleven dollars after recovering their right to price crude oil.
Oil prices more than tripled, triggering the worst global economic crisis since World War II.
The first oil crisis lasted for three full years and had a severe impact on the economies of developed countries in Europe and America.
During this crisis, the industrial production of the United States dropped by 14%, and the industrial production of RB dropped by more than 20%. The economic growth of all industrialized countries slowed down significantly.
The only profit is the Arab countries that initiated the war. After the oil crisis, the Arab countries increased their economic strength due to the rise in international oil prices.
According to statistics, the price increase alone has caused the oil revenue of Arab countries to soar from 30 billion U.S. dollars before 1973 to more than 100 billion U.S. dollars.
Whether the economies of European and American countries will slow down or be affected, Chen Yi doesn't care. He only knows about the oil crisis in a few months.
If this opportunity is grasped well, he will catch up with Li Chaoren in one fell swoop, and even if he catches up with Li Chaoren, he may not be sure.
The stock market can make people rich or bankrupt overnight.
His understanding of the stock market only exists in some novels.
In addition to the opportunities brought about by the oil crisis, there is also the World Cup in West Germany in 1974. He gambled on the World Cup. Although he did not understand the entire process of the World Cup, he knew that the Federal Republic of Germany won in the end.
As long as the World Cup starts at that time, he bets at major regular bookmakers, and after Germany wins, it is not a big problem to earn several hundred million from it.
These two opportunities allowed countless seniors before Chen Yi to get rid of their status as dicks, and since then they have reached the pinnacle of life and entered the palace of marrying Bai Fumei.
Chen Yi will never miss this kind of opportunity that has been verified by countless seniors. In Chen Yi's opinion, three million Hong Kong dollars is still too little.
Li Chaoren's Cheung Kong Industrial Company was listed last year, that is, in 1972. At that time, Cheung Kong Industrial Company issued 42 million shares at HK$3 per share, and its shares were oversubscribed by 65 times. The stock price doubled to HK$6.
After Cheung Kong went public, Li Chaoren has already entered the ranks of billionaires.
With a mere three million Hong Kong dollars in his hand, even if all of them are invested in the stock market, after the oil crisis comes, he will not be able to compare with others even if he is struggling to death.
If he can add a zero after three million Hong Kong dollars a few months later, then he will be on the same level as Li Chaoren and stand on the same starting line, and there will be no problem.
If there is a chance, it is not impossible for him to take down Hutchison before Li Chaoren.
Even if you can’t win it, it’s not bad to be a shareholder of Hutchison. It’s such a wonderful thing for Li Chaoren to make money for him and work for him.
The more he thought about it, the more excited Chen Yi felt, and the drive to make money came back. Chen Yi felt that he was exhausted from the day, and his whole body was full of energy again.
Back to the factory, Chen Yi found that there was no one in the factory. He looked at the time and found that it was time for lunch. He knew that everyone must have gone to the cafeteria, so he didn't delay and walked straight to the cafeteria at the back.
"Xiao Yi, Ming Zai, you are back."
"Auntie, what's delicious tonight?"
"There is your favorite braised pork, hurry up and get a plate, my aunt will get you some more later, you can eat more."
Ming Zai swallowed when he heard that there was braised pork in brown sauce. He took the dinner plate in his hands and ate more than half of the plate of rice before he came to the vegetable window.
Looking at the red braised pork, Mingzai impatiently picked up a piece of braised pork with his chopsticks and put it into his mouth.
Mother Chen heard that Ming Zai said it was delicious, so she gave him another spoonful of soup and sprinkled it on the rice.
Chen Yi asked, "Mom, has Xiaoying eaten?"
Mother Chen said: "She is still doing homework in your office."
"Brother, why didn't you call me when you came back." At this moment, Chen Ying's voice came from behind.
"I didn't know you were in the office, so hurry up and get lunch." Chen Yi took out an empty dinner plate, handed it to his sister, and asked, "Are you here alone?"
Chen Ying said: "Sister Qingqing has something to do and went home from get off work."
Hearing that Ma Qingqing had returned home, Chen Yi didn't ask any more questions. Although Dafeng Toys Factory operates two shifts now, Ma Qingqing is a human being, not a machine. It is impossible for her to stay in the factory all the time without going back to rest.
There is nothing to do at night. Now Dafeng Toy Factory implements a piecework system. The more employees do, the higher the salary.
So, even if there is no supervision, the employees will not steal, play tricks, or be lazy.
——
(end of this chapter)