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Chapter 427: The Boss is a Stock Investor (Part 2)
“Forty million.”
President Cao seemed distracted, constantly checking his watch.
Zhao Qingfeng, observing his behavior, realized that the stock market was about to open, and it seemed like his ‘gambling addiction’ was kicking in, making it hard for him to sit still.
“We at Lingfeng Technology are sincere in buying, can we negotiate a little?”
Zhao Qingfeng pointed out several flaws, such as the building being too old and needing renovations.
“It’s really not possible.”
President Cao impatiently listed many advantages, “Don’t look down on our company just because it seems run-down, the structure is actually unaffected. A thirty-year-old building is no worse than the ones built now, which are all shoddy constructions. Moreover, what if this area gets incorporated into the development zone by the city in the future? Wouldn’t you make a huge profit? In short, brother Zhao, considering you and Li Jianjun are friends, I can only personally give you a discount of 500,000 more, I can’t do any more than that.”
Rumors about the development zone were always circulating.
Some said it would be to the west, others to the east, but no one could say for sure.
Unless they had insider information from within the government.
But even the government hadn’t decided which direction to develop in the future.
In the whole world, only Zhao Qingfeng knew about the future direction.
“Is that so…”
Zhao Qingfeng sipped his tea, “If it gets developed, this building will indeed be valuable. Then why are you selling it? You might as well wait.”
President Cao scoffed, “Do you think I can just wait if I want to? I haven’t paid the workers yet, and the shareholders’ settlements are also included in this. They’re pressuring me every day; do you think I want to sell this urgently?”
Zhao Qingfeng seemed quite interested in the workers’ wages and asked in detail.
President Cao explained that including retirement, buyouts, compensation, etc., nearly 20 million had to be paid to 600 workers. The remaining 20 million would be the ‘severance pay’ for shareholders and other big bosses. As the primary shareholder, he would receive about 5 million, which was not a small amount, but his expression showed no happiness.
“Let’s leave it at that for now…”
After talking for a while, just after nine o’clock, President Cao was already looking to leave.
Zhao Qingfeng wouldn’t let him go, “President Cao, let’s talk some more, 500,000 is a bit too little, lower it a bit more, and I can pay in full today.”
President Cao waved his hand, “brother Zhao, 500,000 is already quite a bit. The rest of the money has to be distributed among every worker and shareholder; I don’t have the authority to just lower the price. At the very least, a shareholders’ meeting would have to be called, and it would have to go through a vote by the employees. That’s all the power I have.”
Since they couldn’t agree, they left it at that.
Zhao Qingfeng wasn’t in a hurry and followed President Cao downstairs.
At the door, before getting into the car, he added, “President Cao, let’s have lunch together at noon. I’m going to the stock exchange in a bit, and I expect my stocks to surge again today. If they really surge, I’ll take it for 40 million in full.”
A light statement, seemingly insignificant to the average person, but for a stock investor, it was too tempting to know which stock Zhao Qingfeng was investing in.
Surge…
These words appeared countless times in President Cao’s dreams.
What others didn’t know was that he had already lost nearly 6 million, sold his house and car, and was desperate to turn his fortunes around.
Seeing Zhao Qingfeng drive away in his Bentley, President Cao slapped his forehead.
A noble person!
No, he had to follow up immediately to see what Zhao Qingfeng was buying. If he could make money with him, giving a 500,000 discount was not a problem.
Ten minutes after the market opened.
President Cao followed to the stock exchange in the city center.
Though personal computers were available, it was all about the atmosphere.
Upon entering, President Cao immediately spotted Zhao Qingfeng, standing in front of the big screen with a smile on his face.
He approached with heavy thoughts, and right beside him, he heard Zhao Qingfeng joyfully and confidently tell Wang Xiaohu, “See, I was right! This stock is definitely going to rise, the insider information can’t be wrong, and it could at least increase twenty times more in the future. Xiaohu, isn’t it tough following me? Eating meat every day, you must be tired of it, haha. Help me notify my friends, tell them, after the market opens at 1:30 this afternoon, to immediately buy into the other three stocks.”
———-
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Moofie[Translator]
Just a college student that studied in China with HSK6 that loves reading novels~!