America's Road to Wealth

Chapter 143 Smith Capital Reception

New York, Queens.

After being away from Smith Tower for a month.

Abel again,

Appeared in the most important company under his name now, Smith Capital.

During his absence this month, there were no major changes at Smith Capital.

The structure of this financial company is too misshapen.

There are more than 100 people in the company, all analysts and traders.

There is not a single trader with trading qualifications and trading authority.

In large and medium-sized financial and securities companies, various "vice presidents" are common, that is, sales elites.

That's not even one.

Such a deformed structure.

When there is no task, the company's staff's job is to collect as much information as possible on the market.

in other words.

Most of the time, these people have nothing to do.

Fortunately, in the past two months, Abel has made many moves in the capital market.

He has made many big moves in London gold, foreign exchange market and international crude oil.

Especially international crude oil.

The two fluctuation cycles lasted for more than a month each time.

During this period, it allowed the staff of Smith Capital and David Mellon to not be empty because of no work.

As before,

He had left No. 1, 13th Road, Royal Point, New York, before nine o'clock in the morning.

Even last night,

He and two slightly green supermodels played until four o'clock.

At seven o'clock the next day, he woke up as usual.

And full of energy.

A few hours of sleep had restored him to full health and mana.

He was very satisfied with Korkova and Lima last night.

He was more satisfied than Gisele Bundchen and Carmen Keys before.

The young Lima gave him the idea of ​​"signing a contract".

Those beautiful, somewhat unruly wolf eyes.

It gave him the urge to severely insult and blaspheme.

Especially when it comes to the top.

As for Karolina Korkova, Big KK is too young.

She is also a bit more like a traditional European supermodel, with not much flesh.

It looks good, but it’s a pity that it’s not the one Abel prefers.

That is to say, he is better than young, but still a little shy and ignorant.

It also made him feel good.

Lima and Korkova this time, Kath and Gisele last time.

These are in parallel space and time.

The top supermodels who once flourished in the age of the Victoria's Secret gods and caused countless LSPs around the world to murder countless descendants.

The pleasant experience with them made Abel deeply feel that he created Isa Company.

The approach of snatching them away from Victoria's Secret was really the right thing to do.

Even after that, Isa didn’t make much money.

Even if he loses money, he feels it is worth it.

Money is hard to buy, but for him, money is just a number.

Consuming these numbers will keep him in a good mood.

Let him enjoy this.

Then he thinks it's all worth it!

In addition, he plans to spend a sum of money to renovate No. 1, Huangdian 13th Road.

after this.

He will no longer use this mansion to receive other women.

This will become his and Isa's back garden.

Only Isa's babies can live here.

It would be an Elizabethan back garden that was exclusive to him, filled with a group of supermodels with the best bodies and most beautiful looks in the world.

It is also his own back garden.

This was Abel's thought when he left No. 1, Huangdian Road 13, this morning.

He quickly took action and took out the money to find a designer to redesign and decorate.

And he himself arrived at Smith Building before ten o'clock.

There is a parking lot in front of the Smith Building, and in front of the parking lot is the gate.

Outside the gate, you can see the East River and Queens Boulevard in Manhattan.

On the roof of the Smith Building, four helicopter pads have been planned.

Abel came from Long Island, and his helicopter landed here.

He had just arrived at his office in the Smith Building.

In less than two minutes,

There was a knock on the office door.

"Come in."

Abel's voice just fell.

The door was pushed open and David Mellon walked in from the outside.

"Oh haha~ I'm finally back." David Mellon shook his head with a smile:

“I didn’t expect it would be so difficult to meet Smith in Smith Capital!”

"The angels in the City of Angels are too beautiful, aren't they? It makes you linger here and there."

Facing the poor-talking David, Abel said directly: "Let's get down to business."

"Ha~"

"Okay." David Mellon said: "As for business. If you, the alpha wolf of the pack, don't initiate the hunt, what business will our little wolf cubs have?"

"If you have to find one, it might just be the year-end cocktail party we talked about yesterday."

Abel nodded: "Then let's talk about this first."

Yesterday, Abel was on the plane returning from Los Angeles.

Spoken on the phone with David Mellon.

David was on the phone and gave him a suggestion.

The suggestion is that David Mellon thinks it's the end of the year, or even the end of this month.

Smith Capital should hold a year-end cocktail party like other Wall Street firms.

Giants like Goldman Sachs, MG, and Merrill Lynch, as well as medium-sized financial companies.

Most of them will hold such a banquet at the end of the year or in the middle of the year.

At this cocktail party, all company executives were present.

A customer who is favored by the company.

For example, other Wall Street giants, other influential and wealthy investors, or elites in other fields.

Everyone will receive an invitation.

To put it bluntly, it means showing off your muscles and making more allies and customers at the same time.

In the world of capital, the ability to make money is the only muscle.

Abel knew all this.

At the end of last year and the beginning of this year, he received many invitations to such cocktail parties.

Goldman Sachs, MG, Chase, Merrill Lynch, Lehman, and other companies ranked high and low on Wall Street all sent him similar invitation letters.

He didn't even go.

“Smith Capital has been established for almost a year.”

David Mellon said: "There has not been a reception until now. This is very abnormal in the industry."

"You have no idea how many people have asked me when Smith Capital will hold a reception."

"Okay, now my boss finally agrees. When these people ask again, I can finally answer them directly."

"No need to mention the past. Let's talk about the cocktail party at the end of this year."

Abel said:

"I think Waldorf Astoria or Hilton are both good. Well, Hilton Hotel. Anyway, I have spoken to Barry Hilton a few times."

David Mellon raised his eyebrows, "Is that just that?"

"Otherwise?" Abel said angrily, "Do I have any other relationship with Hilton?"

"Paris" David muttered, his voice low.

"Okay, okay." He said again:

"Then let's go to the Hilton Hotel. As for the guests, you always have to invite guests to a cocktail party. You should give me the guest list, right?"

"First and foremost, it's our clients. The guys at Private Equity One."

Abel thought for a while and said:

"The second is the banks we mainly cooperate with. In addition, some of the leading figures in New York should also send them invitation letters."

David nodded.

"So, my respected boss, do you have any guests that you need to specially invite?"

Abel thought for a while and replied:

"I didn't expect it at the moment. I can give you ten more places. You can invite anyone you want. Give Melio five more places. I will inform you later if I think of anyone to invite."

"OK." David gestured, nodded and said:

"Okay. The last thing is time, BOSS, when will our reception be held?"

“I remember it seemed like a lot of companies were in December, and some were in January and February?”

Abel asked.

"That's generally true."

"Then let's not join in the fun with them." Abel said directly:

"Just this month. Today is the 5th, so let's just do it on the 15th. There are still ten days left."

"OK~"

David gestured OK again.

Smith Capital’s first year-end reception was simply decided.

After talking about this matter, David Mellon chatted with Abel about another matter.

"BOSS, you asked me to pay attention to poorly managed energy companies. Although I don't know the reason, there happens to be such a company right now, and its ownership structure is in trouble."

"oh?"

Abel was immediately interested.

His explanation,

He had given the order to David as early as when he set off from Houston to Los Angeles.

His idea at that time was to acquire some small and medium-sized energy companies, or listed energy companies.

Merge and reorganize with Alais Energy, which he bought in Tarrant County.

Directly use the method of buying and buying to achieve your own layout in energy.

For a month, there was no news from David.

Except that he is in Los Angeles, and information exchange is somewhat inconvenient.

Also because Abel asked David to pay attention to those medium and large energy companies.

Although there are many such energy companies in the United States.

But under normal circumstances, their operating conditions are pretty decent.

It takes a certain amount of time to wait for the right opportunity to win this kind of company.

"Which company is it?" Abel asked.

"Sempra Energy."

David Mellon said a name: "Sempra Energy, you may have heard of that name."

"Sampra Energy Company?" Abel thought for a while.

He remembered that this seemed to be the West Coast, a large energy company that had just been established but was quite large.

The reason is that not long after its establishment, the scale can reach a certain level.

At the same time, it has been on the market for two years since its establishment.

Abel remembered that this was because this company was a new company formed after the merger of two listed energy companies.

David also confirmed this.

"The predecessors of Sempra Energy were Pacific Energy and Inova Gas."

"They merged in 1998 and then re-listed. The company currently has a total share capital of 250 million, approximately US$70+ per share, and a total market value of US$17.6 billion."

With a market value of US$17.6 billion, Abel raised his eyebrows.

This size,

In the current U.S. energy market, and even the global energy market.

It can already be called one of the energy giants.

"What about the equity structure? What is the equity structure of Sampra Energy?" Abel asked.

"The current largest shareholder of the company is the Martin family of the original Pacific Energy Company. After the merger of the two companies, the Martin family currently holds approximately 23.5% of Sempra Energy's shares."

"The second largest shareholder is the Taylor family of Inova Natural Gas, with a shareholding ratio of about 16.73%."

"The third largest shareholder is Buffett's Berkshire Hathaway, with a shareholding ratio of 5%."

"The stock god bought it at the end of 1997. When he bought it, he spent $300 million. Now the shares are worth more than $800 million."

"In less than three years, the stock god made more than $500 million in profits from Sempra Energy."

"This income ratio can only be said to be worthy of Buffett."

It can be heard that David Mellon still has some respect for Buffett.

This is also normal.

Buffett became famous in the mid-1980s, when David was still a child.

His family is also from a financial family, so he probably grew up listening to Buffett's stories since childhood.

After the 1990s, due to the vague guidance of relevant US departments.

Buffett and Soros are known throughout the world as the twin swords of imperial finance and are very famous.

"It only took three years to earn 500 million US dollars from 300 million US dollars. This is too slow." Abel commented this way.

David was speechless.

Because David knows that most people in the world do not dare and are not qualified to comment on Buffett like this.

But Abel just had such qualifications.

Abel could even point to Buffett's nose and say this to Buffett.

"Okay. I forgot that you are a super pervert." David Mellon shrugged:

"Compared to you, any investor in this world becomes an ordinary person."

"Okay. Don't talk about this, let's talk about Sampla Energy. Why do you think now is a suitable time to buy it."

Abel has no interest in comparing himself to Buffett.

Buffett, that's half talent and half family background.

Which part accounts for more, it’s really hard to say.

As for Abel himself, he feels that he is a pure talent!

"There's something wrong with the Taylor family."

David Mellon said: "The old Taylor of Inova Natural Gas is dead. Mark Taylor passed away suddenly half a month ago."

"Due to the sudden death, Mark Taylor did not leave a will."

"Without a will, there would be no clear heir to his vast estate."

"The three Taylor brothers began to fight for property. Because they held a large proportion of shares in Sempra Energy, even Sempra Energy's stock was affected."

"In addition, because there is no will, the federal Department of Justice and the local prosecutor may get involved."

"The three Taylor brothers reached a temporary settlement within a short period of time."

"They insisted on selling all the Taylor family's shares for cash first."

"Then the three brothers will "discuss" the distribution of the inheritance among themselves."

David looked at Abel: "Now Taylor, waving the stock and selling it all over the United States."

"A lot of people have expressed interest. Including the Martin family from Sempra Energy."

"In addition, three giants in the same industry, Consolidated Edison Electric, American Electric Power, and Duke Energy, have also expressed clear interest."

"Even on Wall Street, some people are very excited."

An emerging company is Sempra Energy, an electric and natural gas utility company.

It has six subsidiaries, which basically cover the functions of all energy companies.

Its business scope is almost equivalent to China's Sinopec + State Grid.

Of course, the scale is far smaller than these two.

Just focus on energy and electricity. Many energy companies in the United States play this way.

Even the Alais company owned by Abel is the same.

They also operate power plants, gas stations, natural gas mines, wires and electricity sales, oil refining, and some mine other minerals. They are really versatile.

In a country of capital, they do whatever they want with the money.

Among them, Sempra Energy Company probably ranks around 9-11 among similar electric and natural gas utilities in the United States.

There is no doubt that this is a behemoth, with about 13,000 employees.

This time, due to internal reasons, an opportunity emerged to acquire a large number of its shares.

David Mellon felt that Abel really wanted to enter the energy industry.

Sempra Energy would be a good choice.

And Abel’s reaction was——

"What are you waiting for?"

Abel said to David: "Hurry up and send invitations to the three Taylor brothers. Ask them to come to our annual meeting to speak. Also tell them that we will be more sincere than anyone else."

"I knew you would do this." David said with a smile:

"No problem, I'll invite them right away."

"If they heard your name before, they might hesitate."

"But now. I think when they hear that Abel Smith is interested in their stock, they will hold it back and wait to see your offer."

Abel raised his eyebrows, looked at David and said:

"Now, this is the benefit of being famous. It's also one of the reasons why I want to enter Hollywood."

David smiled back with a "hehe".

"That's right." David Mellon said again.

"The little girl from the Hearst family wants to intern in our company again. The little girl couldn't find you, so she came to me. Dear playboy, would you like to bring the little girl in to be your secretary?"

Amanda Hearst?

Abel thought of the eldest lady of the Hearst family whom he met at a cocktail party a month ago.

Amanda Hurst was only sixteen years old.

The little girl looks very good, a little prettier than Ikana.

Abel remembered that there was a tear mole on her face.

When she smiles, the tear mole will add a bit of charm to the young girl as a mature woman.

Speaking of Amanda Hearst, Abel remembered that she had a cousin who also belonged to the Hearst family.

Abel scratched his head and looked at David Mellon.

"What do you mean, David, do you think I should let her in again?"

"It depends on what you mean," David Mellon said softly.

Abel raised his eyebrows, wondering why David kicked the ball back again.

"What I mean is" David Mellon said softly:

"It depends on what you mean to Amanda Hearst before you can make a better decision."

"What's the meaning?"

"Does it mean that you mean something to Amanda? Just like you mean to Ikana."

David's words were a bit convoluted, but Abel immediately understood what he meant.

What David Mellon is talking about this time is what he means to the little girl.

Do you have any ill intentions like that towards Ikana?

"So what if there is?"

"What if not?" Abel said, looking at David.

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