Chapter 190 The King of Chartered Ships admits defeat!
The charter king seemed to be attracted by Wu Guangzheng's answer, and his gaze became sharper, as if trying to read more information from his son-in-law's eyes.
"It's an interesting idea not to compete with Lin Fei. Can you elaborate on why?"
The charter king asked slowly, his voice revealing a hint of curiosity.
Wu Guangzheng sat upright, took a deep breath, and began to explain in an orderly manner: "Father-in-law, we now have assets like Wharf in our hands, which is actually quite good.
If we continue to compete with Lin Fei for Wheelock & Silver, not only will a large amount of funds be bound, but there will also be potential market risks and legal risks. "
The charter king nodded: "Go on." "
"From the perspective of capital operation, although Wheelock & Co. is now profitable, it is still mainly a traditional trading company, and it has a large amount of inventory and fixed assets.
This has certain limitations in terms of cash flow and asset liquidity. "
Wu Guangzheng analyzed word by word.
The charter king smiled with satisfaction, obviously agreeing with Wu Guangzheng's analysis.
"The situation of Wharf is different, it is mainly land and property, with high mortgage value and liquidity.
I think that instead of investing a lot of money and energy in the battle with Lin Fei, it is better to use this capital to acquire other promising assets. "
After Wu Guangzheng finished speaking, he looked at the charter boat king with a serious gaze.
The charter king was silent for a moment, and then slowly spoke: "Your analysis is very good, and you have indeed considered a lot of details that I haven't noticed.
Especially from the perspective of capital operation and risk control, you have analyzed quite thoroughly. "
The charter king thought for a while, and then asked: "Then how much risk do you think 07 is to compete with Lin Fei for Wheelock Foreign Bank?"
Wu Guangzheng smiled slightly and replied: "Father-in-law, we all know that Lin Fei is a difficult person to figure out, and we don't know how many hole cards his Feilong Group has.
But what I can be sure of is that even if we raise the price, he will have the capital and means to compete with us. "
"So, Guangzheng, tell me your views on the future situation of the business war. "
The charter king picked up a cigar and lit it slowly.
Wu Guangzheng glanced at the map on the table, and then took a deep breath: "Father-in-law, I don't think it is in line with our long-term strategic goals to simply compete with Lin Fei for Wheelock Foreign Company.
I tend to address future challenges with capital optimization and diversification. "
The charter king spat out a puff of smoke and looked sharply: "Go on." "
"From a balance sheet perspective, competing with Lin Fei for Wheelock is likely to drain a lot of our cash and liabilities, causing our debt ratio to skyrocket.
As a result, it will be difficult for us to have enough capital to make other more promising investments in the future. "
The charter king nodded: "So, you advocate that we should have a trade-off?"
"Exactly, father-in-law. "
Wu Guangzheng continued: "At this stage, we should focus on capital expansion, not capital consumption.
We need to use our limited resources to the best of our ability to get the most out of it. "
"Well, so you're trying to expand more aggressively?"
The charter king looked at Wu Guangzheng, as if he wanted to read more information from his eyes.
"It's not exactly radical, I prefer to call it a strategic expansion. "
Wu Guangzheng explained with a smile: "We must not only consider the speed of expansion, but also the direction and timing of expansion.
This brings us to the question of capital structure and market positioning. "
The charter king seemed to be attracted: "Oh?
"Specifically, we need to consider both financial and market risks, and while expanding, we must also ensure that our capital chain is not broken, so that we can truly achieve sustainable development. "
Wu Guangzheng changed his words and continued: "We need a more perfect risk management mechanism and a more flexible capital operation model, so as to be invincible in the fierce market competition." "
The charter king smiled, as if he heard the meaning: "What you mean is that instead of letting capital passively get involved in the battle with Lin Fei, it is better to take the initiative to choose other industries with more potential and returns." "
"Yes, father-in-law. "
"Then Guangzheng, since you said that you would not compete with Lin Fei for Wheelock Feng Foreign Bank, then do you have any more specific plans for the next?"
The gaze of the charter king is direct and sharp, as if it can penetrate everything.
Wu Guangzheng sat back on the couch and spread out a map with multiple markers and lines.
"Father-in-law, I have made some predictions and analyses of the economic situation in the next few years, specific to various industries. "
The charter king smiled and walked over to Wu Guangzheng's side, ready to listen to his further explanation.
"With regard to the financial sector, particularly the equity and currency markets, hedging will be a key word as multiple rounds of economic cycles are expected to come in the future. "
Wu Guangzheng pointed to the financial district on the map: "By setting up or acquiring hedge funds, we can do long and short operations, and even if the market is sluggish, we can make profits by shorting." "
The charter king nodded: "Makes sense, continue." "
"In the real estate sector. It's not just about buying and selling land and buildings.
I suggest that we can turn real estate into a more liquid financial product through asset securitization, and then trade it in the capital market. "
Wu Guangzheng explained.
The eyes of the charter ship king are getting brighter and brighter: "This is a good idea, asset securitization can greatly improve the efficiency of capital use." "
"Real estate is always a scarce resource in a place like Xiangjiang where land is limited.
Even if the economic environment is not good, real estate does not depreciate too much.
Moreover, real estate projects are usually highly leveraged, and we can even use a small amount of our own funds to obtain more loans, thereby amplifying the return on investment. "
Wu Guangzheng's voice gradually became enthusiastic.
"Yes, father-in-law.
And, having the added advantage of doing so, is risk diversification.
By packaging multiple real estate projects into one financial product, the risks posed by a single project can be effectively diversified. "
The charter king smiled: "Your proposal is very forward-looking, I am very satisfied." "
"Thank you, father-in-law. (If you read a violent novel, go to Feilu Novel Network!)
Finally, I would like to say that if we succeed in the competition with Lin Fei, we may be able to gain something in the short term, but in the long run, what we need is sustainable development. "
Wu Guangzheng glanced at the charter king: "Consuming a lot of money to compete with Lin Fei is not in line with our expansion goals.
We want continuous expansion, not temporary victory. "
The charter boat king took a deep breath, and then slowly exhaled it, forming a beautiful smoke ring: "Guangzheng, I feel more and more that it is a wise choice to entrust the business to you. "
"Thank you father-in-law for your trust, I will not let you down. "[]
Wu Guangzheng stood up and saluted the charter king.
The charter king walked to the study and looked around at the space with four walled bookshelves, thick carpets, and decent display of classical furniture.
He walked to the window and looked through the shutters at the busy harbor and the tall buildings in the distance.
He slowly walked over to a mahogany desk, opened a pipe inlaid with ivory, and took a puff.
The smoke swirled in the air and vanished, as if to take away some of his worries.
He sat down and silently remembered a lot of things.
He had no sons, only three sons-in-law, and Wu Guangzheng was the most outstanding of them.
Smart, quick-witted, with a different vision, as if he has seen the future.
The charter king decided at that time that this was the person he wanted to focus on cultivating.
Thinking of this, he opened a drawer on the table and took out a photograph.
It was a black-and-white photo of his youth, and he also had Wu Guangzheng's eyes back then, full of ambition and hope.
He put down the photo, took a deep breath, and a decision came to mind.
The charter king took out an old-fashioned phone and dialed Wu Guangzheng's number.
"Wu Guangzheng, tomorrow at three o'clock in the afternoon, I will wait for you at home, and I have some things to discuss with you. "
"Understood, father-in-law. "
Wu Guangzheng's voice on the other end of the phone revealed a mixture of stability and excitement.
After hanging up the phone, the charter boat king had a general plan in mind.
And he saw such potential in Wu Guangzheng.
He stood up again, walked to the window, looked at the busy streets of Xiangjiang outside, and thought silently in his heart: Lin Fei is not an easy opponent to deal with, and the Feilong Group has a very strong advantage in many 953 aspects.
However, will he easily admit defeat as the king of charter boats?
This business empire, which was once created by him, is about to write a new chapter in his and Wu Guangzheng's hands.
The charter king's mansion is located on the top of a hill overlooking the entire bustling city.
He stood in front of the French floor-to-ceiling window, took a sip of the whiskey next to him, and then turned around.
The doorbell rang, and it was Wu Guangzheng who walked in on time.
"Sit, Guangzheng. "
The charter king pointed to the plush sofa.
"Thank you, father-in-law. "
Wu Guangzheng sat down, his eyes sharp, and he was engrossed.
The charter king lit a cigar and took a deep breath: "I have made a decision about Wheelock & Co. "
Wu Guangzheng raised his eyebrows: "Please speak." "
"We quit. "
The charter king said briefly.
Wu Guangzheng was a little surprised, but immediately replied, "Have you already thought it through?"
"Very clear. "
The charter boat king spat out a smoke ring: "Dealing with Lin Fei requires money and time, and I am more willing to use these resources to expand our influence in other fields."
Now, leave this matter to you and talk to Lin Fei. "
"Understood. "
Wu Guangzheng nodded.
"But I have a few reminders for you. "
The charter boat king paused, staring at Wu Guangzheng with sharp eyes: "First, even if we withdraw, we can't let Lin Fei feel that we are weak or afraid of him.
Be a deterrent. "
"Second, the negotiation should be elegant, but not without a bottom line.
Let Lin Fei understand that we are choosing the battlefield, not escaping. "
In the end, this is also a subtle gesture of goodwill to Lin Fei.
If possible, let him understand that we are not enemies and that there may be room for cooperation in the future. "
Wu Guangzheng heard it, and then smiled slightly: "I understand what you mean, this is actually a game." "
"Quite right. "
The charter king nodded.
Wu Guangzheng stood up and bowed slightly: "Don't worry, I will let Lin Fei understand our bottom line and sincerity." "。
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