I Picked Up a Dimensional Travel Machine: Wizard - Chapter 63



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Garbage Cleaning (1)
At first, Christopher, who had pretended to know Levy at the party, was seen fidgeting.

Somehow, during the last negotiation, I said that his math skills were lacking compared to those of a relatively professional oil exploration company mathematician. I guess it’s because he has a strong background.

If he had been so obviously ‘lacking in ability’ that he would have been cut several times, he would have been cut several times.

Perhaps Christopher, a Harvard graduate, is in charge of the ‘truth’ today as well.

But if you listen carefully, what that guy is saying is quite something.

“Well. This is Mr. Levy here. I know he’s a great mathematician with a promising future because I’ve worked with him. But. People like us shouldn’t just look at things like that……. (omission)….. Hehe. Still, if it’s the Diaz family, it must be a family with quite a reputation in Boston. Well, I don’t know what kind of relationship they have. And I don’t want to know. Still, when meeting people, you need to check this and that. They’re not ordinary people. But if they’re upper class enough to be called a ‘family’, then that is. Young Lady Diaz is still young…….”

“Hey, Dr. John Keshi. What are you doing in front of people?” Min-ki said, getting angry.

“Huh? What do you mean? As a senior, I can be of help to the young lady of the Diaz family in her life…”

“Why do you advise that?”

“That’s right, Mr. McMillian. Isn’t this the first time you’ve seen me? This is a bit unpleasant.”

Emilia also snapped at John Keshi, feeling uncomfortable with his excitement.

“Okay. Doctor. Calm down. I’m sorry to you both. We….”

“Hold on tight. What did I say that was wrong? And this is our great United States of America. This is not a place where an Asian like you can rely on your brain alone.”

“What? Are you crazy?”

“Haha. Look at this. That’s why they’re such lowly people. They’re just a little smart. They make a little money and think the world is all they see. Tsk. How much is that prize money? In some remote corner of Asia…”

“Shut up~! I can’t listen to you any longer. I tried my best to be polite because I know your father, but your way of thinking reeks of garbage!”

“What? Trash? Miss Diaz. Apologize to me now. How dare you….”

“Why are you doing this? Okay. Dr. John Keshi. Come with me over there. Mr. Levy. It was nice to meet you. I’m sorry. Okay.”

Christopher dragged John Keshi away as he continued to tangle and try to stir up more trouble.

I was so shocked by the racist remark that came out of nowhere that I couldn’t even speak. What the heck?

What is this sudden announcement?

If it weren’t for the apologetic look on Christopher’s face as he led Dr. John Keshi away, I wouldn’t have let it go, but I held myself back because I didn’t want to ruin the party atmosphere.

“Levi. Sorry. I should have stopped you sooner. I was listening to what you were saying…”

“It’s okay. It’s not Millie’s fault. The world is so big. Why do people come here like that?”

Emilia, who had been guilty of begging Levy to attend the party, spent the entire evening trying to cheer him up.

Min-ki pretended to be okay on the outside, but he was actually very hurt on the inside.

No matter how much the United States claims to be a rational society that values ​​ability, white supremacy is deeply rooted in its roots.

Perhaps what Emilia is sorry about is not only Dr. John Kesey’s remarks, but also the apology for America’s behavior.

The affair with John Kesey, who was steeped in white supremacy and class consciousness, almost ended as a one-off episode.

But a few days later, Emilia’s expression didn’t look so good, so I asked her, “What’s wrong?” and she spoke with difficulty.

Listening to Emilia’s story, it seemed like this wasn’t something that could be resolved by just leaving it alone.

“what?”

“My dad asked me if I could apologize to that John Kesey guy.”

“What are you talking about? Why is Millie apologizing?”

“It’s true that the fault lies with that John Kesh McMillian. He seems to be acting a bit lethal. He seems to have started to seriously interfere with my father’s business by mobilizing his family connections and such. On the surface, he said, ‘When you do business,’ but according to what I hear later, he ultimately wants ‘my apology.’ He said that I belittled him for giving him sincere advice at the end. He said that he called me ‘trash.’

Anyway, when things that had been going smoothly suddenly went wrong, Dad must have looked into it through various routes. Since he found the cause easily, I think he must have been talking directly to us. There was no need to hide it.”

“So you want to apologize?”

“No. I don’t want to do it either. I didn’t do anything wrong. At first, my father didn’t know the situation well and asked, ‘What do you think about apologizing?’ But after hearing the context, he said there was no need to apologize. Even if business is a bit difficult, it’s not like we can’t make a living. But I’m still a little worried. That’s why his expression was like that.”

“Hmm. Okay, I understand. I’ll look into it. Just wait.”

– Ring ring ring ring. Ring ring ring.

– Yes, Mr. Levy.

– Louis, I have something to look into.

– Yes, go ahead.

– John Kesh McMillian, and learn about the energy company called Ganadarko Petroleum. Its main business, current status, governance structure, etc.

– What’s the matter with you? Are you the target?

– Yes. It’s similar. I can’t go into detail. But let me just tell you everything. Starting with the weaknesses.

– Yes, I understand. I’ll report back to you in a few days.

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Originally, Min-ki’s future blueprint had scenarios prepared in the order of finance, pharmaceuticals, and energy.

Although it was still lacking in capital and organization to start an energy company, the lid was slightly opened by the ‘McMillion’ family(?) who operated ‘Ganadarko Petroleum’, one of the top 5 private oil companies in the United States that was salting Min-gi’s salt.

‘I will show you thoroughly what the revenge of the 7th Circle Archmage is. You little puppy!’

After holding back his anger for a few days, the basic research on the company was finally completed and a report was sent to Min-ki.

“Ultimately, Ganadarko is an independent oil company in the United States. Its major assets include operating assets in Venezuela, production assets in Qatar, oil assets in the Gulf of Mexico, and onshore assets in the United States. Its market capitalization is $56.7 billion (KRW 62 trillion). Its current stock price is $110. Its secured reserves are approximately 2.5 billion barrels. It produces approximately 170 to 180 million barrels per year. It has approximately 40 subsidiaries, but only a few, such as Western Gas Resources, are actually large-scale. The rest are mostly overseas branches.”

“Yes, that’s right. But this company’s stock price will continue to fall. About 1 year and 1 month later, it will fall to $70 on October 9, 2015. And then about 3 months later, on January 15, 2016, it will plummet by about 55% to $32. It is one of the short-term plunge companies that Mr. Levy has pointed out.”

“First of all, what is the best way to completely ruin this company?”

“Huh? Hmm… This is not easy. It is a solid company that consistently produces resources. Its human resources and organizational structure are not run extravagantly. The reason the stock price keeps falling is because of the plunge in international oil prices, not because of operational errors. It is not easy to do it through normal methods. No, it is practically impossible.

Moreover, the company is so large that our assets (about 6 billion dollars) can only cause a temporary stock price crash or surge. It is a bit difficult to ruin it. Besides, what Mr. Levy wants is not to ruin the ‘Ganadaco’ company, but the ‘McMillion’ family. Even if we sell it through a hostile M&A, it will only increase the wealth of the McMillion family.

In addition, the McMillian family has accumulated considerable wealth other than that. The shares of the family owned by people within the family fence alone are close to 20%. Other real estate and financial assets are also considerable. The McMillian family’s wealth is not exact, but it is roughly estimated to be around $30 billion (33 trillion won).”

“So. Take off all the tea leaves. Even if something surreal happens, what’s the best way to ruin these guys? Would it be if all their genetic material explodes in a natural disaster? Something like that.”

“Ah. If that’s the imagination, then the method you mentioned is the best. After all, extracting and selling oil and gas resources is the main source of income. But realistically, it’s not easy for something like that to happen. In addition, as I said earlier, in addition to the estimated value of Ganadarko’s shares of approximately $11.3 billion (12 trillion won), the McMillian family has other real assets and financial assets worth about $19 billion (21 trillion won). Even if Ganadarko were to collapse right away, it wouldn’t matter much since they have $19 billion in assets. Of course, they would be quite shaken.”

“Hmm. But it’s true that among the assets they own, Ganadako has the largest proportion, right?”

“Yes, that’s right.”

“What about the international oil prices I mentioned last time?”

“The oil price, which was currently over $110, has gradually calmed down and has now broken the $100 mark. You told me that it will plummet to around $50 by the end of December. So, about 30% of our capital will soon be invested in crude oil futures.”

“If this is the case, then it will be very difficult for Ganadako as well, right?”

“Yes. The revenue will be cut in half. The cost of sales will not decrease because the oil price is falling. In fact, the impact will be greater. The operating profit ratio will fall by about 1/3.”

“What if we declare hostile M&A in that case?”

“yes?”

“So. This is my plan……. (omitted)……”

First, Min-ki instructed CEO Lewis to start an energy company.

The name was set as ‘MF Energy’.

It’s a few years earlier than originally planned, but that doesn’t matter.

I told Emilia to ‘hold on and don’t apologize’ and left open the possibility that I could invest in her father’s business or lend him money if things got tough, so she could hold on until she got serious about it.

Since MF Pharmaceutical’s ‘Shapremin’ and new types of antibiotics have not yet been released on the market, the only place for cash to flow was MF Invest.

Fortunately, there is still about $6 billion left in the pot, with results that far exceeded expectations.

Of course, even that is invested here and there and cannot be used all at once.

Anyway, the first thing I did after founding ‘MF Energy’ was to contact oil companies in the United States.

“Huh? What did you say?”

“Yes. This time, we are starting an oil company. We are thinking of purchasing your shale oil field in Arkansas. We would also like to purchase your refinery in New Mexico.”

“What are you talking about? Why would we sell our oil fields, production facilities, and refineries that are all functioning well?”

“Haha. That’s why I’m making a proposal. We started a business, but we don’t have any business foundation related to ‘oil’ or ‘refinery.’ So we’re looking into other companies’ infrastructure that we can buy. I’ll give you a reasonable price. Do you have any intention of selling?”

“Hmm. This isn’t something I can answer on my own. Just wait. What do you need?”

“Yes. First of all ………..(omission)……..”

In this way, MF Energy went around to every oil company in the U.S. and sent emails requesting the sale of assets related to its oil business infrastructure.

The point is, ‘We also want to get into the oil business.

All I have now is money.

So, he harassed all the oil companies in the United States, saying, ‘Can you sell your 0000 facility or 0000 oil field?’

Naturally, this suggestion was also put into a place called ‘Ganadako’ run by the McMillian family.

This is because, in addition to overseas oil fields such as those in Venezuela and Qatar, Ganadarko also had quite a few offshore oil fields in the Gulf of Mexico and onshore oil fields within the United States.

In addition, they immediately took the bait, wanting to sell a few surface oil fields that were like a ‘brain’ because their productivity was not that high.

“Hmm. I can’t sell it at this price.”

“But now the price of oil continues to plummet. It has already fallen to around $90. The production cost of shale oil fields is close to $50. If the price of oil continues to fall like this, the value of shale oil fields will be insignificant.”

“But it’s still quite profitable. You can make a profit of $40 per barrel. And that’s sustainable. Isn’t that why you’re trying to buy the oil field now? But the amount you’re proposing is just ridiculous.”

“Our analysis suggests that oil prices could plummet in the coming months. So, the price you’ve suggested seems a bit difficult. Could you lower it a bit more?”

“Hmm. Let me think about it a bit more.”

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