Chapter 18

 "Don't get me wrong, it's the Chinese who have dropped the purchase price sharply. They are not fools. They see the cotton market. Today's price of 10,000 bales is higher because I bought it earlier. We have made an agreement with them that tomorrow's 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 don't 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." jogo explained, "To be honest with you, I will announce the purchase price tomorrow. It's like this.If you miss this time, you don't know how long it will take to wait for the next buyer, so don't throw all the goods into your hands. Make a move now, and you will make a profit if you lose less." Seno said calmly from the side said.Dinu glared at Seno 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 jogo today. Based on their relationship, the price must have been 130 US dollars or even higher. It makes me angry just thinking about it.

  "jogo, can't you give us a little discount?" Dinu asked a little unwillingly, "After all, I have watched you grow up..." "It is precisely because of this that I will accept you. 4,000 bags, otherwise tomorrow, everyone will be limited, and it is impossible to give such a large amount to one or two people." jogo said lightly.

  "jogo is right, this is already a great deal of face for us. jogi, just pay according to your price." Gudali stopped Dinu.

  He knew that jogo 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.Jogo 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." jogo said.

  "Slow down." Seno shouted to stop, "The quality of cotton must be guaranteed. "Seno, who do you think I am?" Gudali said in a serious voice, "This time, the city government is taking the lead, right? I can cause trouble.""I still need to make it clear." Seno said without changing his expression.jogo was not worried about Gudali'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, jogo 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 jogo's purchase of their cotton.

"Actually, I feel that the price of this cotton will increase in the near future." jogo 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, Seno 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.

  "jogo, 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 jogo 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." jogo 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 Gudali and the others would have so many. Cotton inventory."

  "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 he The cost should be around US$120 per pack," Seno 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 in surprise, "This is not in line with his previous temperament. Is there any fraud in it?".The main loss was US$111,000, nearly 1.4 million rupees."That's not the case. As he said himself, the city government was involved in jogos 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." Seno 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 jogo, it would be 1.8 million rupees. In total, he recovered 6 million rupees at once.

  "This guy is so brave." Gaomisha murmured."Sometimes I have to admire him for his willingness to invest." Seno sighed, "otherwise how could he make so much money."

"Honestly, I really hope his investment fails. jogo, wouldn't you be helping him if you really want to buy his warehouse later?" Lahu said.

  "Uncle, 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?" jogo smiled.When Seno and others heard this, it was indeed true, Part of Gudalis losses was earned by jogo.In fact, jogo 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 jogo's home, they got into a Mercedes-Benz and left.

The car belongs to Gudali. 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 Gudali, 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 on borrowing money. A small loss means a profit, that's right." "But me, I'm not in a hurry, I can definitely wait." Dinu looked sad, and he was in no rush to get the money back. , just came here with Pease, so the cotton was sold 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. Rupee is much better than I expected."Thank you, Boss Pease."Gudali closed his eyes and was too lazy 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 jogo bought his piece of land, he would be able to make Qiaogo lose a third or more in an instant, and jogo 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 jogo 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." Gudali muttered in his heart.

  (End of chapter)