Reborn as the richest man in India.

Chapter 280 Net worth is conservatively estimated at US$20 billion (please vote for me)
On the Sharma family side, Yas personally led the team.

Hebiza, Hapal and Noma led the team on behalf of their father.

The Pandit family and Wydar were represented by Dabai, Wydar's son, who led the trip.

After all, Huida has limited mobility.

Except for Yas, everyone else is considered a junior. A junior's trip will not attract so much attention. Even if someone sees it, it can be said that they are traveling to relax, which is conducive to keeping this matter confidential.

The one with the highest seniority here is naturally Yas. Whether it is Dabai, Hebicha or Lupa, they all regard themselves as juniors.

But Yas and Qiaogo were talking to each other as equals.

So, this kind of seniority and stuff is up to everyone.

Fayez quickly introduced them to the oil palm industry in Malaysia.

In fact, before Yasi and the others came, they also collected information about the palm oil industry in Malay.

After all, it is a big investment, and it is impossible for them to know nothing about it.

It’s just that no matter how much they collect, they are not as familiar and knowledgeable as Fayes in the local area.

Especially now that news does not spread as fast as in previous lives, a lot of the news they get has expired and is too lagging behind.

After Fayez's introduction, they became clearer.

Next, they will fly to various parts of Malay to acquire suitable plantations and some oil-pressing factories, mainly plantations.

Due to the large scale of their acquisition this time, several parties have demarcated some areas to avoid competition among themselves and causing the sales price in an area to rise sharply, which is not good for anyone.

Today's communication equipment and news are not spread that fast, so they decided to act quickly.

As long as the price is similar, buy it immediately.

It doesn't matter if the price is a little higher.

Because they know very well that such a large capital investment this time will definitely have an impact on the seller's market, and they must wait for the market to react and acquire as many acquisitions as possible.

Yas and the others still marveled at Qiao Ge's vision and luck.

The last time Qiao Ge came to Malay to acquire the Guinness Palm Industry Company was two months ago. In just over two months, the assets he acquired had increased a lot.

As for the palm oil properties previously acquired, their prices have increased even more, more than doubling.

After Qiaogo invested US$5.2 million in Malay and acquired Guinness Palm Industry Company for US$2.55 million, Qiaogo mortgaged the company's assets for RM3 million, approximately US$1.5 million, based on a valuation of [-]%.

Panda Foreign Trade Company still has 2.45 million U.S. dollars. Since it is not easy to transfer U.S. dollars out of the country now, Qiao Ge will definitely not use this money easily.

Therefore, if the assets on the Malay side can be mortgaged for loans, we can use them to make more acquisitions, and leverage can be used. This is a good way to quickly expand the scale.

In fact, the assets that Qiao Ge acquired earlier have already increased in value, and he can borrow more, so he can use the assets in Malay to slowly continue to acquire them.

After all, it will be more difficult to make large-scale acquisitions in the future, and the money consumed will not be too large.

The US$1.5 million of this mortgage loan was used to acquire several more plantations in more than two months, totaling nearly 1 hectares, 30000% of which are plantations in their peak production period. The price itself is high, and the price has increased. , so the average cost per hectare reaches RM[-].

As a result, the total area of ​​plantations under Qiaogo's name reached 11.5 hectares, a very astonishing area.

There were also previous mortgage loans of RM3.1 million, approximately US$1.65 million.

Therefore, Qiaogo’s total investment is US$8.15 million.

This total investment is more than 1 million less than what Ass and others put together.

Moreover, all of Qiaogo’s assets in Malaysia have increased in value, with a conservative estimate of US$16 billion.

If you calculate it this way, Qiaogo's assets in Malay are actually much higher than those of Ass and others.

This is only now. Since the plantation area on Qiaogo's side is larger, the price will mainly rise in the future. Therefore, Qiaogo's advantage over Yas and others will become greater and greater.

Based on a valuation of US$16 billion and mortgage loans at 10%, there is still US$20 billion, equivalent to RM[-] billion, available for loans.

Now Qiaogo only has a loan of 6 million ringgit, and the amount is still large, so the US$2.45 million in Panda Foreign Trade Company's account is basically not used.

As for the use of US$2.45 million, Qiao Ge really hasn’t thought about it yet.

Maybe invest in stocks?

Find a way to go to the beautiful country to buy stocks of several famous companies in your previous life?

This method is feasible, but Qiao Ge feels that even if you buy stocks, it depends on the situation.

If you just want to wait for their stock prices to rise, then you don't need to invest too much, because now there are greater opportunities in other industries and you can make more money.

Therefore, stock investment objects are very important, not only well-known companies in the past life, but also those companies that can bring benefits to themselves now.

If he just passively waits for the stock price to rise in a few years or even more than ten years, Qiao Ge feels that there is no need to invest heavily.

Even if the stock price rises many times by then, if this money is invested in some other industries now, the profit will be several times this.

I just thought about this idea, and it’s not too late to think about it again after my trip to Malaysia is over.

As soon as Yasi and the others dispersed, they began to scan the goods. For those plantations and related industries that were intended to be sold, they almost immediately agreed to the quotations.

You must know that the prices of palm industry companies that are still selling have increased a lot.This caused people who had previously wanted to acquire it to hesitate.

After all, the price is a bit high now, and many people want to wait.

But now, they have no chance, because there will soon be no sellers in the market.

Since Yasi and the others had a lot of funds, there were not enough companies on the market that were obviously for sale, so they went directly to those sellers who were still hesitating.

This group of sellers is a little confused. They think the price is about the same now, but they are worried that it will rise in the future, so they seem a little hesitant.

But when Yasi and the others came to the door, these people realized that the opportunity had come and took the initiative to come to the door to buy. It would be a shame for them not to raise the price.

Therefore, these people all added [-]% to [-]% to the highest market price. Regarding these prices, Yas and the others pretended to negotiate, and finally bought almost according to this quotation.

The sellers are very satisfied and they feel they have made a profit.

At least judging from the current situation, it is a profit. After all, it is one to two percent higher than the highest price in the market.

After a month of madness, Yas and their US$10 billion are almost exhausted.

Later on, the market actually reacted a little bit. Those who had not sold yet found that many people were shopping for goods in the market, so they raised the prices one after another. The main reason was that the price of plantations was at least double that of a month ago. times.

Some are simply not sold.

After Yasi and the others stopped the acquisition, only a few orders were sold at this high price. It was because some belated acquirers were a little panicked, fearing that the price would rise again.

Who would have thought that after buying it, the price would not move, and within a few days it would fall back to several percent.

However, this price has not dropped to what it was a month ago, and is probably maintained at about 1.5 times the highest price a month ago.

"Hahaha, it's so cool. We didn't do anything, it was just an acquisition. We have made a lot of money now." Lupa laughed.

He is the youngest besides Qiaogo, and among the Vasayan family, he speaks more casually.

They started purchasing from the lowest price one month ago, and the highest price in the later period was about 1.6 times the lowest price.

Since most of them are early low-price acquisitions and there are fewer high-price acquisitions in the later period, their overall cost is about 1.2 times the lowest price.

The current market price remains at about 1.5 times the lowest price, which means that just one month after buying it, their assets have increased by more than [-]%.

You must know that their total assets are US$10 billion. If it is more than 2%, it is more than US$[-] million. This is just sitting and appreciating.

In fact, these prices are rising. Qiaogo’s later purchase price of 30000 hectares of plantation was around RM40000 per hectare, while Yas’s purchase price was around RM10000 per hectare, an increase of RM[-].

The total plantations acquired by Yas and the others this time are about 4 hectares. Most of them are in the peak production period, about 3 hectares. The total cost is 16 billion ringgit. The rest is reserved for labor costs and company operating expenses. The acquisition of warehouses and a small number of oil pressing plants totaled about 4 million ringgit.

Originally, given their size, these oil mills were definitely not enough.

However, Qiaogo’s current oil pressing plant is large enough, especially after the acquisition of Guinness Palm Oil Industry Company. The advanced machinery and management system have made it more efficient. The palm fruits of his own plantation alone are completely It is not enough to allow the oil pressing plant to operate at full capacity.

Therefore, Yasi's products can just make up for this shortfall in production.

Yas and others naturally follow the lead of Jogo when it comes to the palm oil industry.

Not to mention that Qiao Ge's assets are far above them, but simply because of his familiarity and understanding of this industry, Qiao Ge is also above them.

"Calm down, these are all false." Qiao Ge said with a smile.

"Qiaogo, if you say this is a stock, I agree with you, but we are an industry. Judging from the current development of the palm oil industry, it will continue to rise." Rupa said.

Although there are times when the industrial industry plummets, but now he is very optimistic about this industry, and there is no such thing as a plummet.

"This is just our opinion. You must know that many European companies are still not optimistic about the palm oil industry. They think it is a sunset industry. Otherwise, how could they sell it?" Qiao Ge said with a smile.

"That's because they have no vision. Besides, their judgments are not the truth and sometimes they are wrong," Harpal said.

"That's right, those British people have poor vision. I don't care what the demand for palm oil in other countries around the world is in the future. Once we in India are liberalized, the demand will be very large." Yas smiled.

Therefore, in the palm oil industry, they are not afraid of losing money and are very optimistic about the future prospects.

This is what everyone thinks, because they have inside information, that is, the country will liberalize the import of palm oil. Once this is announced, it will definitely have a great impact on the price of international palm oil market.

After all, the population is here and the demand is huge. This is a potential big customer for palm oil.

As long as they base themselves on the domestic market, they can just sit back and collect money.

"Speaking of which, brother Qiaogo, your assets have appreciated more," Hebicha said.

They all sighed when they thought of the 11.5 hectares of plantations under Qiao Ge's name.

Although most of the plantations in Qiaogo are not in their peak period, and only about 4.5% of them are in their peak period, the base is here, so there are nearly [-] hectares of plantations in their peak period.

It is still more than the 3 hectares for all of them combined.

Precisely because Qiaogo's plantation area is large, Qiaogo's asset growth has certainly far exceeded theirs in this month's price increase. After all, the main force behind the price increase is the plantation.

Price increases for warehouses and oil mills are actually not that big.

If the valuation of Jogo’s palm oil industry assets in Malaysia was US$16 billion a month ago, it would have to increase by another US$[-] billion now.

Even excluding the loan of RM6.1 million from Khogo, Khogo’s net worth in the palm oil industry is conservatively estimated at US$20 billion.

(End of this chapter)