Reborn as the richest man in India
Chapter 18 More than a Million Rupees
"Don't get me wrong, it's because the Chinese purchase prices have dropped sharply. They are not fools. They see the cotton market. Today's price of 10,000 bales is higher because I made a deal with them earlier. Tomorrow 10,000 packs will be repriced according to the current price. According to this trend, I believe it will be possible to drop to 90 US dollars per pack in less than ten days and a half. Of course, this is my personal opinion. If the two uncles do not If you agree, then it will be difficult for me to purchase it. You can store it for a while, and maybe the price will go back up." Qiao Ge explained, "To be honest with you, this is what my purchase price will be tomorrow."
"If you miss this time, I don't know how long it will take for the next buyer to come, so don't throw all the goods into your hands. If you sell now, you will make a profit if you lose less." Sen'ao said calmly from the side.
Dinu glared at Sen'ao angrily, this guy was just gloating about his misfortune.
In just one day, the price dropped by 30 US dollars, and the cotton of Sen'ao and the others had been sold to Qiao Ge today. Based on their relationship, the price must have been 130 US dollars or even higher. It makes me angry just thinking about it.
"Qiaogo, can't you give us a discount?" Dinu asked a little unwillingly, "After all, I have watched you grow up..."
"It is precisely because of this that I will accept the 4,000 packages from you. Otherwise, tomorrow, everyone will be limited, and it is impossible to give such a large amount to one or two people." Qiao Ge said lightly.
"Qiao Ge is right, this is already a great deal of face for us. Qiao Ge, just pay according to your price." Gudali stopped Dinu.
He knew that Qiao Ge was not lying to them. There were indeed too many people who wanted to ship, and it was impossible for everyone to get too much.
Qiao Ge really wants to accept the 4,000 packages from his side, which is indeed a great honor.
"In that case, let's sign the contract." Qiao Ge said.
"Slow down." Sen'ao shouted to stop, "The quality of cotton must be guaranteed."
"Sen'ao, who do you think I am?" Guda said sternly, "The city government is taking the lead this time, right? Can I cause trouble?"
"I still have to make it clear." Sen'ao said without changing his expression.
Qiao Ge was not worried about Gudalli's manipulation of cotton. He was right. This matter was not only his own business, but also represented the Bombay Municipal Government.
As for the land in the warehouse, Qiao Ge felt that it was better to be more cautious. If Gudali really wanted to play tricks, he could only do it on this matter.
This is also the reason why he asked Adela to go there with him tomorrow, and be careful about sailing the ten thousand year ship.
Gudali and Dinu left, and Gaomisha was a little confused about Qiaogo's purchase of their cotton.
"Actually, I feel that the price of this cotton will increase in the near future." Qiao Ge explained, "If these uncles wait a little longer, they might be able to sell it at a higher price by then, and I can return your goods. .”
Upon hearing this, Sen'ao and the other three immediately nodded in rejection.
They can still make a little money now and don't dare to gamble.
Besides, even if it goes back a little, their volume is not large, not much more.
"Qiaogo, you are also betting, what if the price does not rebound?" Old Gupta asked.
Ever since Gudali and the others had done what they had done before, deep down in his heart he still didn't want Qiao Ge to accept their goods.
"Even if it doesn't rebound, the price of cotton will continue to decline, right? It's already 90 US dollars." Qiao Ge grinned, "If I don't buy theirs, they will probably not be able to find someone to take over for a while. If they wait for a few days for the price to go up, wouldn't it be a bargain for them? In that case, it's better to buy it while it's cheap. When the price goes up, they will have no choice but to accept their fate. But I didn't expect that Gudalli and the others would have so many. Cotton Stock.”
"I know something about this. About two months ago, when the canal was not blocked, Gudali was optimistic about cotton exports, so he bought a lot. At that time, it was almost the highest price. I think his cost should be It’s about US$120 per pack,” Sen’o said.
"Is he really willing to lose 30 US dollars per pack? He bought it at a high price and sold it at a low price." Lahudi said with some surprise, "This is not in line with his previous temperament. Is there any fraud in it?"
For 3,700 packages, Gudali will lose US$111,000, nearly 1.4 million rupees this time.
"That's not the case. As he said himself, the city government was involved in Qiaogo's purchase and sale. How dare he dare to make trouble on this? And what he said about wanting to withdraw the funds is indeed true. , his factory in Pune has been built very big, and the investment is huge. It is said that he has invested all the money he has earned over the years, even if it is not that much, I am afraid it is not much different. So now he is in urgent need of recovering the funds, and on the cotton side We and the factory were in a hurry to get rid of it." Sen'ao explained.
After the cotton sale, Gudali was able to get back 4.2 million rupees. If the warehouse and factory could be successfully sold to Qiao Ge, it would be 1.8 million rupees. In total, he recovered 6 million rupees at once.
"This guy is so brave." Gao Misha murmured.
"Sometimes I have to admire him for his willingness to invest." Senao sighed, "otherwise how could he make so much money."
"Honestly, I really hope his investment fails. Qiao Ge, wouldn't you be helping him if you really want to buy his warehouse later?" Lahu said.
"Uncle Lubai, I think he can probably get through it even without these funds. In that case, let's get some benefits. He is not kind. I think I made a million rupees from him this time, right?" Qiao Ge smiled.
When Sen'ao and others heard this, it was indeed true. Part of Guda's losses was earned by Qiao Ge.
In fact, Qiao Ge wanted to say that taking over the land in Gudali would definitely make him vomit three liters of blood, not just one million rupees?
After Gudali and Dinu left Qiaogo's home, they got into a Mercedes-Benz and left.
The car belongs to Kudali. He is now a multi-millionaire, so the car cannot be bad. Only imported cars show wealth and come with a driver.
"Boss Pease, we have suffered a big loss this time. In fact, we can refuse it. I don't believe that the price of cotton will not rise back in a while. Then the Suez Canal cannot remain blocked. It has been almost two months. Are you almost ready?" Dinu looked distressed.
He lost more than 110,000 rupees on 300 bales of cotton.
He cannot compare to Gudalli, whose annual income is about 200,000 rupees.
"The price of cotton will definitely go back up, but I can't wait until that time." Gudali said lightly, "If the cotton money is not recovered, then I will have to borrow money. Even if the price of cotton increases, It’s probably not enough to pay high interest rates for borrowing money. It’s true that a small loss means a profit.”
"But I, I'm not in a hurry, I can definitely wait." Dinu looked sad. He was not in a hurry to get the money back, he just came with Pease, so he sold the cotton together.
Dinu's words made Gudali frown, and said impatiently: "It's such a big deal, I'll pay you 50,000 rupees, okay?"
These words immediately made Dinu smile. In this way, he only lost 60,000 rupees, which was much better than he expected.
"Thank you Boss Pease."
Gudali closed his eyes and didn't bother to pay attention to Dinu's flattery.
"Young man, it's not easy to take advantage of me." Gudali thought to himself.
He suffered a loss on the cotton side, but as long as Qiaogo bought his piece of land, he would be able to make Qiaogo lose a third or more in an instant, and Qiaogo would not be able to do so if he wanted to do so in the future. Unless it's a big vomiting of blood.
Thinking of this, he felt much better. After selling the cotton, he would be able to recover the rupees within a month, which could effectively alleviate his recent financial pressure.
The factory will definitely be able to convince the boy tomorrow. Thinking about it, this trip will go very smoothly.
However, he remembered that Qiao Ge had established a relationship with the Chinese this time and made him so much money at once, and he felt depressed again.
Seeing that the Gupta family was about to go to the slums, he felt extremely happy, but unexpectedly he turned over in an instant.
"The days are long, and we don't always have such luck." Gu Dali muttered in his heart.
You'll Also Like
-
Monster Hunter: This fire dragon has special characteristics
Chapter 147 1 hours ago -
Extremely hot apocalypse: I evacuated the polar icebergs
Chapter 498 1 hours ago -
If you are asked to live broadcast fortune-telling, will you compete with the King of Hell?
Chapter 141 1 hours ago -
Only seven days left to live? She goes crazy and kills
Chapter 234 1 hours ago -
Reincarnated as a sacred tree, I create a family of Yin soldiers
Chapter 633 1 days ago -
Rebirth as a lion starts with self-discipline
Chapter 160 1 days ago -
National Creation: I created a weird world
Chapter 136 1 days ago -
Road Survival: Once you hit the soul, you can make a must-have product
Chapter 645 1 days ago -
Asking for Immortality in Another World
Chapter 717 1 days ago -
What kind of evil method is this? This is the righteous method.
Chapter 117 1 days ago