Chapter 134

Ikana, who left the airport, boarded an escort vehicle sent by security to approach the airport gate.

She came here this time mainly for "YKM" business.

Half a month ago, Ika submitted YKM's business plan to Smith Capital.

After being killed by relevant Smith Capital analysts and traders three times in a row.

For the fourth time, it was finally recognized by Smith Capital. At its peak, YKM was valued at $1.1 billion.

As for Smith Capital, this time it only achieved a valuation of 150 million USD.

This is why the gap is so large.

Because not long ago, Ikana's father, Mr. D. Ted Lerner, completed the withdrawal of shares. The old man recovered most of his investment in YKM.

YKM has lost the assets that sustained its strongest valuation, leaving it largely an empty shell.

After rigorous evaluation, Smith Capital finally offered a price of US$150 million.

The final result of the negotiations between the two sides was that Smith Capital invested 50 million US dollars.

Received 33.3% shares of YKM company. Currently, YKM shares account for 33.3% of Smith Capital's shares and Ikana personally owns 20% of the shares.

The remaining seven shareholders took over the remaining shares.

These seven shareholders are all investors who participated in the initial A funding round.

Round B of the second round could not be raised normally, and in the end only one Smith Capital came.

This is why YKM has its current capital structure. By share ratio, Smith Capital is currently YKM's largest shareholder.

YKM, which has raised $50 million from Smith Capital, will have more room to continue expanding and growing on its own.

Compared to New York and the East Coast, Ikana thought.

The West Coast may be a better development direction for YKM.

In the planning letter sent to shareholders, investors emphasized this point. So after taking care of some things at YKM headquarters on the east coast.

Ikana left the West Coast at the end of October.

For this reason, Abel, who is already the main shareholder of YKM.

She was very considerate and arranged to meet the convoy and lived on the west coast.

Ikana got in the car, and the two-car convoy left the airport and headed toward Beverly Hills. Come here this time,

Ikana brought an assistant and a bodyguard.

The assistant sat in the same car as her and the bodyguard sat in the car in front.

Ikana noted that,

The driver of this car is one of Abel's personal bodyguards, a black Lincoln.

Ikana gets acquainted with Lincoln after starting the car.

Ikana smiled and said in the back compartment:

"Lincoln, where is our destination?"

Of Abel's two black bodyguards, Johnson is the quiet and introverted one. But this bastard was a sniper, the kind that could hit a rabbit's eye at a distance of two to three hundred meters with a normal rifle without the need for a sight.

Last time, Abel returned to Texas to participate in the siege of the Druid Peak wolf farm.

The person who shot the most coyotes was Johnson.

In contrast, Lincoln, another black bodyguard, is much more lively and has a characteristically black personality.

It's just that Lincoln also receives professional safety training, in accordance with training requirements. He does not dare to reveal his dark qualities in front of his master, nor in front of Ikana, who is having an affair with the boss.

Faced with Ikana's question, Lincoln thought for a moment and answered as calmly as possible:

"Miss Lerner, we're going to 10066 Cielo DR in Beverly Hills. That's the new house the boss bought and he usually lives there when he comes to Los Angeles."

Ikana sitting in the back seat nodded slightly after hearing this.

Ikana's father rarely visited the West Bank.

His family owns homes in various places on the east coast, Florida and even Texas. Even more so in New York.

But on the West Coast, the Ikana family doesn't own any real estate.

Papa Ikana, a native of New York, rarely comes here.

This makes Ikana less familiar with Los Angeles than New York.

She only knows Beverly Hills, but doesn't know where DR Cielo is in Beverly Hills. She calmed down and let the stone security convoy advance towards Abel.

From the airport to Beverly Hills it takes about an hour to drive.

While Ikana was sitting in the car despondent, the convoy finally arrived at its destination.

Two cars stopped in front of the gate of a villa with a spacious copper gate, birdsong, fragrant flowers along the gate, and lush green trees.

Then Ikana saw Lincoln in front holding the walkie-talkie and saying a few words. A few seconds later, the villa door opened.

Two cars entered the mansion and stopped in the mansion's spacious central courtyard.

The position of the car door where Ikana lies faces the door to the main hall of the house.

In the yard, there was a bodyguard approaching to open the door for Ikana.

Ikana got out of the car but didn't see Abel. She also knew the driver had opened the door for her. That's Captain Edward, Abel's bodyguard.

Ikana couldn't help but ask Edward:

"Edward, right? I want to know where Abel is. YKM has official business so I need to report directly to him."

Edward never cared about Abel's affairs. This guy from Texas, Abel, respects his heart and does his best, but he doesn't care about anything other than the safety and security of his boss.

This is also the reason why Abel appreciated him and made him the security captain.

Of course.

The identity of a fellow countryman is an advantage.

Edward heard the girl having an affair with this boss say so. Furthermore, there is no reason why Abel wouldn't have intentionally given the order.

Edward said:

"The boss works in the studio on the second floor in the back. Miss Ikana, could you wait a moment in the living room, I'll tell the boss a moment?

"Okay. Thank you, Edward." Ikana smiled.

Edward, who was not good with words, nodded, "Nothing, Miss Ikana."

Edward went to inform Abel, and Ikana was led by the villa's maid into the large living room in the middle of the villa. Ikana admired the decoration and layout of this grand house while walking around.

First of all, the decoration is very luxurious.

Ikana, who was so luxurious that she was familiar with the luxurious decoration of the house, also felt that the decoration level of this villa was higher.

After walking through the living room door, a feeling of luxury overwhelmed me.

Large open living room with fireplace in the middle. Obviously, at this location in Los Angeles, the heater needs to be used several times a year.

But almost every mansion here likes to install a fireplace like this.

Some people only use technology and it seems like there are always fires burning in the fireplace but in reality these fires are virtual.

Or just use the gas fireplace for firewood for the fireplace.

But Ikana's attention was not superfluous, almost only the decorative fireplace remained. On the other side of the open-plan living room is a private shaded outdoor terrace connected to the living room.

This terrace is very beautiful and its area is very large.

The overall shape is oval, half located indoors, with a sun roof and interior.

The other half is outdoors, an outdoor terrace overlooking all of Beverly Hills, overlooking half of Los Angeles from a majestic height.

Almost at first sight,

Ikana fell in love with this terrace. She imagined in her heart,

In the evening, host a small or medium-sized reception on this terrace of at least three or four thousand square feet.

With three or five friends, look halfway out over Beverly Hills and take in the night view of Los Angeles below.

When you look up, you can see the starry sky unobstructed, and you can see other luxury homes near Beverly Hills on the left and right.

Behind is a comfortable and luxurious semi-indoor terrace that helps you easily relax.

Just think about it,

This made Ikana feel that this must have been a very pleasant reception and celebration. Unfortunately, this house is not mine but Abel's.

she thought.

As she stood at the edge of the terrace, looking out at Beverly Hills and Los Angeles in the distance.

When we hesitate to break up.

Edward came closer and whispered to Ikana:

"Miss Ikana, the boss is in the studio over there, please go."

"Alright."

Ikana withdrew her reluctant gaze, and the cool Los Angeles breeze blew across her body. This made Ikana a bit reluctant to leave the rooftop.

But meeting Abel is more important. She followed Edward and went to the back of the living room.

Abel's studio will be located at the back of the villa.

This allows Ikana to appreciate the rest of the villa along the way. Ikana was born into a real estate family and worked as an intern at her father's company.

Have good knowledge of real estate and construction.

This type of knowledge allows him to make quick judgments.

Abel bought a house in Beverly Hills, with at least 20,000 square feet of interior space.

As for the outdoor space, it is currently impossible to speculate because the rear garden cannot be seen. Ikana also noticed that the ground where she and Edward walked, even the walkway, was covered with soft and precious carpets.

Medieval European style chandeliers hang in various places throughout the hallway and over the living room.

Even during the day they shine brightly and look beautiful.

In the airy outdoor area, plant all kinds of beautiful flowers with a faint floral scent.

Going full circle, Ikana essentially made a verdict. This is a house decorated in the style of wealthy people in the American South, which is filled with Texas.

Maybe that's why Abel bought it.

Who said Abel was a Texan?

Thinking so, Ikana quickly went to the studio that Edward mentioned under Edward's guidance.

It is located at the back of the villa, a very spacious, airy and modernly decorated hall. There was a sofa in the middle of the hallway and a handsome, sunny guy was sitting on it.

Around the big boys,

There are more than a dozen computers.

There are more than a dozen employees, sitting in front of computers and working.

In the middle of the room are several giant screens displaying various financial information.

Ikana glanced around the studio before turning to the tall boy. She discovered that Abel was also looking at her.

Ikana today wore an elegant white shirt and sky blue skinny jeans that accentuated her slender legs.

Young, soft feet stepped on 5-7cm high transparent crystal high heels, with light blue blood vessels under the white skin.

Combined with purple nails, it looks a bit more luxurious and glamorous.

The delicate three-dimensional facial features, long curly light blonde hair, and silver-rimmed sunglasses that are usually absent add a touch of mature feminine charm. "Come here, sit wherever you want."

After enjoying Ikana, who is always very good at dressing up and also very good at dressing up, after today's beauty.

Abel smiled and greeted, then looked towards the screen.

At 9:30 a.m., the US futures market opens.

Seeing that he was actually just saying a word to himself, he ignored it.

Ikana was a bit surprised. She let out a sigh, now that she had made up her mind, she completely let go, no longer holding back.

She proactively leaned forward, stood next to Abel, breathed softly into his ear, and whispered softly: "What are you looking at?"

"Futures Contracts. International Crude Oil Futures Contracts."

Abel seemed engrossed, all his energy focused on the screen.

But what surprised Ikana was that in this state, he actually wrapped his arms around her own soft waist.

Firm and elastic, it is a sense of touch that can only be achieved after exercise and regular body management. Ikana was surprised and her heart beat a little faster.

She wanted to put that aside and think about Paige Morgenthau.

There are also many different psychological preparations that I made in my heart when I came all the way here.

In the end, she did not avoid Abel's contact but pointed to the surrounding employees sitting in front of the computer:

"Who are they?"

"The company's trader. I didn't return to New York so Smith Capital sent elite people. The amount of money is too big and I can't handle it alone.

Abel is a good teacher and willing to explain.

International crude oil futures opened 1.03% higher in pre-market trading and the current New York crude price was 29.43.

Immediately after that, thousands of large orders began to be recorded, bringing very positive results.

Abel gently hugged Ikana, smiled and ordered the merchant:

"5,000 yuan has dropped to 29.00, making them mistakenly think there is financial support here."

Within just five minutes, trading volume increased rapidly and New York crude oil prices fluctuated between 29 and 29.4.

Abel and others paid between 70,000 and 80,000 hands, and the price of oil remained at around 29.2. The attitude of the main bulls today seems very certain.

Ikana studied at a business school and also repeatedly played on the stock and futures markets. At first she couldn't understand the data in front of her, but she didn't really understand.

After observing for a while, she was able to guess.

She discovered that the data on the screen in front of her were all different data related to international crude oil in the market.

Abe making international crude oil futures contracts?

Almost six months ago, at Ikana in New York. I often heard various exaggerated descriptions of Abel's investment abilities in the press and among young people.

Everyone says that this Wall Street wolf doesn't really like investing in the stock market.

What he likes most are various commodity futures contracts with higher risks and returns, and the foreign exchange market is like a retail slaughterhouse.

More importantly, the Wolf of Wall Street is constantly in and out of these places.

It's been six months and I've never heard of him losing any money. Previously, Ikana felt that Abel's financial ability in this aspect was excellent.

But everyone's boasting is a bit excessive.

No one can always guarantee invincibility in the capital market.

Buffett can't do that either.

Buffett sometimes loses money, and there are times when the losses are significant. It's just that the number of times Buffett lost money was much less than the number of times he made a profit.

Ikana doesn't really believe in Abel's fabled financial invincibility.

She thought Abel must have gained much and lost very little.

But it is impossible not to lose 100%.

This time, I had the opportunity to be next to Abel and watch him live capital to devastate the market. For a moment, Ikana was very excited and her breathing became much faster.

She heard this after Abel gave the above series of orders.

started repeating again: "Stop a moment.

Looking at the data on the screen, Ikana's little heart pounded.

It has also invested in international crude oil, although the stakes are relatively small, just a few hundred thousand dollars.

But it is possible to understand data and market trends. New York crude oil is currently priced at $29/barrel, $29,000 for a 1,000-barrel lot and $290,000 for 10 lots.

10,000 lots is 290 million, and 70,000 to 80,000 lots is nearly two billion dollars.

Although it is a margin transaction, with such a large amount of money, the leverage ratio is usually not too high.

Up to five or six times, or two billion US dollars, requires a deposit of about 400 to 500 million US dollars.

The screen shows that Abel still holds 800,000 volumes of international crude oil. 80x2.9 is equivalent to 23.2 billion USD. Excluding margin leverage, it belongs to Abel's equity, which is expected to be at least around 3-4 billion USD.

To think that Abel has a huge amount of capital at the moment, it is causing a stir in the capital markets.

When she looked at Abel, her gentleness became more and more gentle, as if she wanted to melt him.

As soon as Abel took a break, the bulls and retail investors thought the short squeeze had been blown. The fiery mood in the international crude oil market is spreading, which is reflected in oil prices.

A vertical positive line appeared, surpassing the $30 level almost immediately.

Abel burst out laughing.

Seeing that he was a bit stunned, Ikana, who didn't even realize that he was hugging her, hurriedly asked what was wrong.

He laughed and said: "These leeks in the crude oil market are too stupid. They don't know how to wait for a correction before buying. They don't know that sometimes the bulls are actually bears pretending to be…."

Likewise, sometimes the bears are also pretend bulls.

In the capital market, there will never be fixed buying and selling positions.

Both bears and bulls can make split-second moves whenever profitable.

Sometimes even the bull and the bear are the same person. This is called hedging in capital markets.

Faced with Abel's complaints about leeks in the crude oil futures market.

Ikana didn't say a word and she, also one of the leek growers, felt insulted.

When the time came, Abel did not wait any longer, considering drastic liquidation of the warehouse, so he directly ordered:

"20,000 lots for one lot, all positions will be cleared and no lower positions will remain."

What made him so confident was because his financial talent told him so.

The time has come. Oil prices have been rising for more than half a year this year and oil prices, at $30, are about to start falling sharply.

At first, Abel, a large short seller, appeared with tens of thousands of sell orders.

Let many retail investors think that this is the last stand of the empty dog ​​and that such tricks are nothing to worry about. This wave of benefits belongs to me.

After completing nearly 200,000 games. Smart people have realized something is wrong, the bear is full of firepower, dangerous!

Many multi-headed organizations have immediately made the change that you are in me and you are in me.

Adhering to the principle of being in if you can't beat them, they joined the army of short sellers and began to attract long-term retail investors and stop losses promptly.

Some bulls wanted to hold out for a while, but with Abel's order, a sell order of 100,000 lots directly broke through the defense line, and oil prices plummeted, falling -14.25%.

Immediately, buyers turned to sellers and the general trend reversed.

Countless long-term retail investors have been cut to the point of crying, dying, and feeling confused. The bottom line is that Smith Capital invested $4.2 billion in international crude oil futures contracts.

After deducting the differences, the final settlement amount was 7.62 billion USD, with a profit of 3.42 billion USD, a profit of 82%.

(end of this chapter)