Chapter 427 - Cox Industries (1) (1/2)
Early next morning, Jeff and JoAnna returned to the White family villa.
Jeff went to the study room as soon as they reached and was on the phone with stockbrokers and financial advisors to do final strategizing before stock market opens. After stock market opened, he was overseeing the purchase of stocks from Cox Industries and their two partner companies.
Oscar noticed that JoAnna is with his wife and found it suspicious that Jeff would leave his beloved fiancé just like that. He knows how Jeff is possessive of JoAnna and would not leave her out of his sight unless something important is happening. But what can be so important? Oscar was curious and found Jeff in the study behind his laptop and various documents spread on the desk.
”Trouble at work?”
Jeff glanced over his glasses. ”No, everything is fine.”
”If everything is fine, how come you are working?” Oscar was approaching desk and glanced at the documents. ”Cox Industries? Why are you interested in their stocks? Their value fell drastically in last few days.”
”I know.” Jeff smirked, but only for a moment.
Oscar sensed that he is missing something important. ”You know? Do you have something to do with that?”
”No.” Jeff didn't lie. He personally didn't do anything to lower the value of Cox Industries. It was Aiden and Sarah who did that work.
Oscar glanced at the laptop. ”You are buying them?”
”Yes.” Jeff was getting irritated by his father who was distracting him.
”Why?” Oscar ignored Jeff's temper, or maybe he didn't notice.
Jeff removed his glasses and turned to look at his father. ”What do you want?” Impatience was now obvious in his voice.
”I can tell that something is going on. Why are you buying Cox Industries?” Oscar's tone sent a clear message that he is not moving until he gets his answers.
Jeff exhaled in frustration. He can see that Oscar will not give up until he finds out the details. He might as well tell him. ”We are buying stocks until we reach above 51%. More the better. Then I will sell them off in pieces.”
In Oscar's mind, some things were coming together. ”Is that how you earned money I asked for in order to break the contract with Lambert?”
”Yes.”
Oscar analyzed Jeff's response. ”If I understood correctly, there is more than just Cox Industries?”
”Correct. Two more. Anything else?” Jeff was eager to get back to his tasks. He was working real-time with five stockbrokers and was on chat with Sophia.
Oscar saw Jeff's impatience, but he still had questions for him. ”With whom are you working on this?”
”Sophia Hill is also buying. She is the oldest Hill sister, CEO of Orion Enterprise. She will sign her stocks to me when purchase is done.”
The more Oscar heard, the more he liked it. ”How much profit are you estimating?”
”Minimum two times investment. Realistic three times.”
”I want in.” Oscar's eyes were glowing from excitement. His mind was filled with dollar signs.
Jeff shook his head and turned his attention back to the laptop. ”It's nothing to do with me.”
Oscar frowned. ”You are denying your father?”
Jeff exhaled in frustration and without looking up from the laptop he explained. ”I can't deny you or accept. If you want in, go and buy the stocks yourself. When stock market closes, whatever you have, give me authorization to fully represent you. That's it.” Jeff scribbled something on a piece of paper and gave it to Oscar. ”These are three companies we are targeting today.”
”Great!” Oscar glanced at the paper and pulled his phone happily.
Jeff glanced at Oscar's rare smile, while his displeasure was obvious. ”Why are you still here?”
Oscar was outraged by that question. ”This is my study!”
Jeff realized that what Oscar said is correct. He cleared his throat awkwardly. ”Right… Well, I'm using it now. If you want to be here, don't make noise. I want to focus.”
Oscar gave a piercing gaze to Jeff, which Jeff ignored.
'Hmph… this brat shows no respect!' Oscar complained internally, but his mood improved as he called his stockbroker and instructed him what stocks to buy. After his phone call, Oscar lingered in the study.
Sometime later, Jeff received a text message which made him frown. Immediately he called Aiden. It took some time for him to pick up.
”Don't you know we are working today? … I expect you to be available… Yes, yes… Timothy Cox noticed that he is losing power, and wants to use an offshore account… It's not his… Cayman Islands… Sabrina Welsh… Now.”
Oscar overheard the call. ”Who did you call?”
”Aiden.”