Chapter 319: 317 [Taking Advantage]
Li Wendi plans to make a fortune in the gold market and achieve personal financial freedom. Of course, this will take three or four years. After all, in the early 80s, the price of gold was as high as US$825 per ounce, which is a full US$106 per ounce less than the current US$719 per ounce, an increase of nearly 7 times.
As for buying gold with leverage, it’s not that Li Wendi has not thought about it, but the time has not come yet. In addition, leveraging for too long will only swallow up a lot of profits. Now it’s a safer investment with idle funds.
Since 75 to 76, the price of gold has been sluggish, and this is the lowest price in recent times, which is a good opportunity to buy.
Li Wendi had already told He Qijun about Junfu Jewelry Company's joint purchase of gold with Xingguang Real Estate Company, so it would not delay Zhao Lekai's real estate work at Xingguang Real Estate Company.
Li Wendi wanted to take Zheng Yutong with him, but he didn't know what reason to convince Zheng Yutong. Zheng Yutong has been in the jewelry industry for many years and is very familiar with the international gold market. Li Wendi felt that if he was not careful, people would be suspicious, so he simply "made a fortune in silence."
Metropolitan Real Estate Company Office
Gao Yi was reporting on his work, which was related to the sale and purchase of a problematic industrial building by Cai Ziming and his company.
"Cai Ziming has already started contacting the owner. According to the current market situation, the market value of the North Point Heyang Industrial Building is 670 million. If we deduct the debts left by the owner and the construction fees owed for the interior renovation of the building, it is worth about 420 million at most." Gao Yi said.
"A loss of 250 million is not a big enough number." Li Wendi said with some regret.
Gao Yi went on to say, "As we investigated further, we discovered that there was a small factory manufacturing contraband in the building. The contraband was gunpowder, which seemed to be related to the gunpowder used in the gold shop robbery at the beginning of the year."
Li Wendi widened his eyes. This news was explosive enough. If Cai Ziming did not discover it after accepting it, then the responsibility would fall on Cai Ziming, because by that time, the original owner would have left Hong Kong.
"How did you find out? Those who dared to make gunpowder must be desperate criminals, and they must have kept it strictly confidential." Li Wendi asked in shock. He didn't want to get involved with such people for no reason, otherwise his good days in the future would be gone forever.
"Don't worry, boss! We discovered it accidentally. When we were investigating the value of the industrial building, one of our employees had a very sensitive nose and smelled a hint of gunpowder, but we didn't find any related companies in the industrial building... We found finished gunpowder..." Gao Yi explained the cause and effect of the incident, and his face didn't look very good. It was obvious that he was frightened.
"You are so brave. Don't do this kind of thing in the future. There are many ways to bring down Cai Ziming. There is no need to take such a risk." Li Wendi said unhappily. Gao Yi was not afraid of getting into trouble, but he was.
"Yes! We will pay attention to it next time." Gao Yi looked a little strange.
Li Wendi also felt that his words were wrong, and added, "It's not worth it to be scared for such a project, but you are also doing it for the company. How about this, I will personally reward you 10 yuan, and you divide the money equally among the employees who took risks."
"As for you, I will reward you 10 privately."
"Thank you, boss!" Gao Yi was not greedy for the 10 yuan, but hoped that Li Wendi would recognize their efforts and contributions.
"This information must be kept strictly confidential. If it gets leaked, we will all be charged with failing to report the incident." Li Wendi's eyes became sharp.
"Don't worry, boss. I have already warned them." Gao Yi said solemnly.
Li Wendi changed the subject again and said, "Let's suspend our actions against Cai Ziming for now and wait until Cai Ziming completely takes over the industrial building." Now this deal is still under negotiation and it is uncertain whether it can be completed. If we do too much, it may arouse Cai Ziming's vigilance, so it is better to wait and see.
……
After receiving the call from Dasheng Real Estate Company, Yin Minghao of Xinchang Group Company was a little surprised. Originally, the two parties were hostile, and the matter of Gaofu Real Estate Company should have come to an end. It was not until Ma Qingwei mentioned the topic of the conversation that Yin Minghao suddenly realized that Dasheng Real Estate Company wanted to manipulate the stock price of Gaofu Real Estate Company.
As the owner of Gaofu Real Estate Company and the helmsman of Xinchang Group, Yin Minghao naturally does not like to talk about his own affairs with others. However, considering the status of Dasheng Real Estate Company in the business world, Yin Minghao is not Li Wendi and does not want to become an enemy of Dasheng Real Estate Company, so he agreed to the meeting.
"Hello, Mr. Ma and little Mr. Ma!" Yin Minghao greeted them with a smile, but he didn't care much in his heart.
"Hello, Mr. Yin!" Ma Qingwei nodded in response, and Ma Jincan just nodded slightly, a little defiantly.
Seeing this, Yin Minghao's mood also became bad. It was the Ma family father and son who asked him out, but he had this face, which made people feel uncomfortable.
"I know the purpose of the meeting between the two Mr. Ma. Tell me about your bargaining chips first." Yin Minghao sat down and got straight to the point.
"Mr. Yin, this is a mutually beneficial matter. There's no need for any bargaining chips, right?" Ma Jincan responded expressionlessly. He knew Yin Minghao's background and bullied him because he was not familiar with these business tricks.
Yin Minghao was slightly stunned and had the urge to stand up and leave, but he held back. "If Mr. Ma insists on saying so, then it seems that there is nothing to talk about between us. Whether it is mutually beneficial or not is a matter of course."
"I think the share price of Gaofu Real Estate has fallen quite a bit, and Mr. Yin must be under a lot of pressure. The board of directors is not so easy to fool." Ma Jincan continued to threaten, "Mr. Yin, don't forget that Dasheng Real Estate is still a shareholder and director of Gaofu Real Estate, and you can ask questions."
Although Yin Minghao became the chairman of the board of directors of Gaofu Real Estate Company, he still could not control the entire board of directors. Ma Jincan seized this weakness, which would affect his prestige in the board of directors.
Raising the stock price and allowing Dasheng Real Estate to sell its shares seems to be a good thing for Yin Minghao as it will reduce one obstacle on the board of directors' side.
Therefore, Yin Minghao really wanted to agree with Ma Jincan's suggestion, but he was very unhappy with Ma Jincan's threat.
"There is some truth in what Mr. Ma said, but Xinchang Group has no way to raise the share price of Gaofu Real Estate for the time being, and Gaofu Real Estate Company itself does not have any good news to announce, so Mr. Ma may not be able to get what he wants." Yin Minghao said.
Ma Qingwei quickly took up the topic and said, "Our suggestion is that Gaofu Real Estate Company has a lot of properties under its umbrella and can cooperate with Dasheng Real Estate Company. This will be good news and the stock price will definitely increase."
Yin Minghao frowned and said, "Xiao Masheng, do you mean that Dasheng Real Estate Company wants to acquire the properties of Gaofu Real Estate Company to increase the stock price? If so, Gaofu Real Estate Company has no need to do so."
Yin Minghao felt that the father and son wanted to take advantage and were unwilling to share any of the profits with Xinchang Group and Gaofu Real Estate Company. It was really a failure.
(End of this chapter)