svetikya Page 38
Page 38
Sha Qiang looked at Ni Yongjun gratefully and said.
"Come, eat."
When Ni Yongjun saw the servants bring out the dishes, he gestured for Sha Qiang to eat and talk at the same time.
"Brother Ni, what brings you here?"
Sha Qiang picked up his chopsticks and started eating, saying as he ate.
"I'm going to send you to Yau Ma Tei to open a large arcade."
Ni Yongjun said to Sha Qiang while eating.
"Great, arcades are all the rage right now."
"Thirty arcades have opened on the west side of Tsim Sha Tsui, and each one is extremely popular, competing with the mahjong stalls downstairs."
"The club members on the first floor even complained to me that they wanted to be moved up to the second floor to oversee the event."
Sha Qiang took a big bite of the chicken leg and then said smugly.
The fact that these thirty arcades are doing well means that he did a good job of choosing the locations.
Seeing that business was good, his third uncle gave him a lot more money.
He used the prize money to buy a car.
He was beaming with pride because he had a car to drive.
"The profit point?"
Ni Yongjun hadn't paid attention when Sha Qiang mentioned it, so he asked out of curiosity.
Because now the triad is managed by Uncle Three, the electronics factory is managed by Ni Yongxiao, and the arcade is managed by Silly Qiang.
Therefore, you need to ask Sha Qiang about the game's profitability.
"There are now a total of one hundred arcades, and each arcade has an Apple machine, a Lion machine, a Mahjong machine, and a Horse Racing machine."
"Because there is a shortage of left-hand lion machines, each arcade only has one lion machine."
"Except for the largest arcade, each arcade makes about 100,000 yuan a day."
When Sha Qiang saw Ni Yongjun asking, he put down his chopsticks, wiped his mouth, and then said to Ni Yongjun.
How much profit does the largest arcade make daily?
After listening, Ni Yongjun asked again.
"It's equivalent to three small arcades, so it costs around 300,000."
When Sha Qiang heard Ni Yongjun ask the question, he answered directly.
"Approximately how much profit did you make during this period?"
Seeing that Sha Qiang answered fluently, Ni Yongjun asked again.
"The total profit of all the arcades is approximately 80 million."
"Because one-third of the arcades were newly opened, that's why the profit is only this much."
"By next month, we can expect to make a profit of around 150 million."
Sha Qiang then pulled a laptop out of his brown suit and began to read.
"Not bad, not bad. If we can take over Yau Ma Tei, our monthly profits will double."
After hearing Sha Qiang finish reading from the notebook, Ni Yongjun smiled and said...
"Brother Ni, Yau Ma Tei is a big place, but many people are poor."
"So it's pretty much the same as what Brother Ni said, the profit is about the same."
Sha Qiang flipped through the notebook, found that page, and saw that he was talking to Ni Yongjun.
"Oh, you've even researched this?"
Hearing Sha Qiang explain in such detail, Ni Yongjun asked curiously.
"Of course, it's my job."
Sha Qiang then closed his notebook and said proudly.
"Okay, after you finish eating, go to Yau Ma Tei, find a good shop, and open a big arcade."
Seeing how diligently Sha Qiang was working, Ni Yongjun encouraged him.
"Received, Brother Ni."
"I've finished eating."
Upon hearing what Ni Yongjun said, Sha Qiang quickly ate two bites, then put down his chopsticks and went back to work.
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Chapter 59 Accumulation of Shares in Wharf Holdings Amid Volatility
"Hey, Mr. Ni."
"The money has been laundered."
"You only lost 50 million, and your account now has 720 million Hong Kong dollars."
Ni Yongjun had just finished eating when his fourth uncle called.
He proudly reported the results of his money laundering efforts.
Indeed, laundering 100 million US dollars, worth 780 million Hong Kong dollars, and only losing 50 million Hong Kong dollars afterward is truly amazing.
"Well done. I'll have my third uncle transfer ten million to your account later."
After hearing his fourth uncle's report, Ni Yongjun was in a great mood, so he transferred the handling fee to his fourth uncle in accordance with the rules.
"Thank you so much, Mr. Ni. You saved me. No need for the processing fee."
When his fourth uncle heard that he could receive ten million, he declined with delight.
Because he stated from the beginning that he wouldn't charge any fees for the rescue, and that it was purely out of gratitude.
"If there's money, everyone should make it."
"Take this, and I'll give you a commission on every transaction from now on."
Ni Yongjun patiently persuaded his fourth uncle.
"OK then."
"Thank you, Mr. Ni."
"Yes, the HK$40 million you transferred from Wharf Holdings last time has already been used to buy shares, but the stock price has risen somewhat."
"A total of 70 million was spent to buy 4.5 million shares."
When Uncle Si heard that Ni Yongjun insisted on giving him a handling fee, he had no choice but to accept it.
He then went on to report on the acquisition of Wharf Holdings.
"What percentage of the total shares are represented by 4.5 million shares?"
After hearing this, Ni Yongjun thought for a moment and asked again.
"Wharf Holdings issued a total of 100 million shares, so 4.5 million shares account for 4.5%."
When Uncle Si heard Ni Yongjun's question, he answered in detail.
"It's a little less."
"I'll transfer 710 million into the account; you buy with all your might."
When Ni Yongjun heard that it was only 4.5%, he felt it was too little, so he asked his fourth uncle to increase the purchase.
“Mr. Ni, if we buy in with all our might, the stock price will rise, and the cost will increase.”
When Fourth Uncle heard that Ni Yongjun wanted to buy in with all his might, he explained to Ni Yongjun that this would increase costs, but it would indeed allow him to quickly acquire a large number of shares.
I can accept a rise in stock price. I have spare cash now, so of course I should buy in quickly. Otherwise, if others find out, they will buy in as well, and the stock price will rise in the same way.
Ni Yongjun stated his thoughts directly.
Because buying gradually, little by little, will not cause the stock price to rise.
The problem is that this trading method will lengthen the time frame. If others also see the potential and enter the market to acquire shares, the stock price will rise just as much.
So this trading method involves betting on when others will enter the market and buy in.
Once someone else enters the market, the trading strategy becomes ineffective.
Therefore, it's better to buy directly and grab a large number of shares first.
"Understood, Mr. Ni."
"I will use a volatile accumulation strategy to allow those investors to sell their shares and exit the market."
As soon as Fourth Uncle heard Ni Yongjun's name, he replied.
This kind of accumulation through fluctuations is the correct approach; it's the fastest way to acquire a large number of shares without significantly increasing the stock price.
However, this method requires substantial financial resources; otherwise, it's simply not feasible.
Because a single pull and a subsequent drop would require three times the amount of capital to operate, or it might not achieve the desired shock effect, nor create any sense of panic.
Without a panicked market, investors won't take profits and leave.
As is well known, stock market investors are very calm when stock prices fall, but they become very impatient when prices fall after they have risen.
Because this is all money, every time the price drops, you make less money, so it's better to sell and buy back in after the decline stops.
"Okay, I'll do it your way."
After hearing what his fourth uncle said, Ni Yongjun agreed.
He then went to the bank and transferred the money from his account to a dedicated securities account.
As soon as the HK$710 million arrived in his account, Uncle Si started managing the business.
As soon as the market opened in the afternoon, Wharf Holdings' share price soared uncontrollably, and trading volume surged.
Upon seeing this, some professional short-term stock traders rushed to buy in.
This resulted in an upward trend throughout the afternoon, although there were some fluctuations in between, but the magnitude was not significant.
"I bought shares in Wharf Holdings and have made several thousand dollars."
"Really? I went to buy some more."
Two investors in the stock brokerage hall started whispering among themselves, discussing how much money they had made from buying Wharf Holdings shares.
Suddenly, half an hour before the market closed, Wharf Holdings' share price began to fall.
Although the decline started slowly, the downward trend was already evident.
"No, Wharf Holdings is going to fall, I need to sell."
One of the people discussing Wharf Holdings saw that the price was about to drop, so he stopped chatting and went straight to the machine to operate it.
As these professional stock investors followed suit, Wharf Holdings could not hold on and its stock price quickly fell.
Some long-term shareholders of Wharf Holdings couldn't stand the shrinking profits, so they also sold and left the market.
As these shareholders sold off and left the market, Wharf Holdings wiped out all the gains it had made that afternoon, closing with only a slight increase.
After a few days of this operation, Ni Yongjun's account accumulated a large number of stocks, bringing his holdings to 15 million shares.
Wharf Holdings' share price only rose from HK$15 to HK$17.
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I'm begging for monthly tickets! I'm begging for flowers! I'm begging for ratings! I'm begging for votes to urge for more updates! I'm begging for book reviews!! I humbly request the support of all my dear readers!!
Chapter 60 Cucumber Li smashes things in anger
Wharf Holdings' recent price increase has also attracted the attention of Li Ka-shing, founder of CK Asset Holdings.