Reborn as the richest man in India.

Chapter 42

Several people in a luxury villa in Mumbai were also talking about the contents of the newspaper.

"What do you mean by saying that Jia launched this kid?"

"It's ridiculous. If a kid comes out to buy cotton, can he hide it from us? Isn't Gao Haga and the others providing funds behind it."

"Faga wants to stabilize the situation in Mumbai, and his mood is understandable."

"However, we have to pay attention. If we let it go, the situation will really be stabilized, and it will be difficult for cotton prices to continue to fall."

"Mr. Pandit, you have to make up your mind."

Several people present cast their eyes on an old man in his sixties, and they were obviously dominated by this old man.

"Do you know how much money Gaohaga and the others gave to that kid named Jogo?" Pandit asked slowly.

Everyone nodded, indicating that they were not very clear.

"There should be tens of millions, right?" Someone asked uncertainly.

Pandit chuckled all his life and said, "Don't underestimate Fajia. According to the news I got, it will not be less than [-] million rupees."

This statement surprised everyone present.

Borrowing a teenager for [-] million, even if they have a lot of money, they can't do that, right?

"It can't be wrong, there must be [-] million." Pandit knew that they didn't believe it, "so we will estimate it according to [-] million, and maybe add more."

"You said, what should we do?"

"We are not trying to fight against Fajia. We just hope that the price of cotton will be as low as possible, so that everyone can make money." Pandit said with a slight smile.

Everyone present laughed, that's why.

"While buying cotton, that kid is preaching that the price of cotton will rise soon, which will make some people hesitate. This is really not beneficial to us." Pandit pointed to a passage in the newspaper.

These are the two words Jogo said about cotton at the press conference yesterday.

What he means is that I hope everyone does not panic, the Suez Canal will definitely return to normal in a short time, then cotton prices will rebound.

These words are used to stabilize the small merchants who want to sell cotton. If they are not stabilized, they will sell them collectively. Qiao Ge feels that he may not have enough funds to add another [-] to [-] million.

But these words are very unfriendly to Pandit and the others.

If these small merchants hold the goods and don't sell them anymore, how can they buy them at a lower price?

Qiao Ge is a bit like a shit stick to them. They don't care much about the amount of funds of [-] to [-] million, but the impact is not small, which makes them a little depressed.

Seeing that everyone was silent, Pandit continued: "So we can't let this kid succeed, at least we must eliminate the influence of what he said. I suggest that we ship to that kid."

"What?" Several people present were surprised, "We ship?"

They want to buy at a low price. What kind of routine is shipping now? Isn't this a loss-making business?

They are big merchants, and the price of the cotton they stocked before is actually not too high, much lower than that of Gudali, and the cost is about 100 US dollars per pack.

Qiao Ge's current purchase price is 85 US dollars, how can they do such a loss-making business?

Moreover, they have strong funds and can wait for the canal to resume unimpeded slowly, without any rush.

"We ship, do you think those small merchants will panic?" Pandit laughed, "It's only 85 million rupees, and the purchase is based on 9 US dollars per package, which means more than 10 packages. As long as we spend 10 [-] bales, that kid’s funds are exhausted, in fact, he doesn’t need [-] bales, he’s already bought thousands of bales.”

"Understood, the boy will not be able to buy any more when his funds are exhausted. Since our selling attitude will make those small merchants even more frightened, it will be difficult for Fajia to stabilize the situation. It is entirely possible that the price of cotton will continue to fall to 80." possible."

"80? The lower the better." Pandit nodded.

Everyone laughed loudly, and they were in a good mood. If 10 bales of cotton were to be dumped, it would definitely be fine.

"I probably understand Gaohaga's plan."

As soon as Pandit said this, everyone stopped laughing and listened to him continue: "The cotton Jogo bought must be used as collateral for their loan. As long as he can't sell the cotton, the cotton will It fell into the hands of Gaohaga and the others."

"Hmph, they are easy to calculate. The income from cotton must exceed the interest." Someone said, "Are they sure that after we know that Qiao Ge has purchased a large amount of cotton, they will block him at that time so that he cannot find a purchaser?"

"If our [-] bales are really bought by Qiao Ge, can you get him to sell the cotton?" Another person said, "They have counted on us, they have decided to eat us, Gao Haga and others really hateful."

They don't care about a small amount of cotton. It involves [-] bales, so it's not a small amount. Besides, they sell a large part of it at a low price. It's impossible for them to take advantage of it.

So Jogo's cotton can't be sold.

"I believe Gao Haga and the others will definitely sell it to us after they finally get the cotton." Pandit said with a faint smile.

"what?"

"It's nothing to be surprised about. They are old foxes. Are they really going to fight us tit for tat? Is this the result they want to see?" Take advantage of it, and then they will sell their cotton to us at a similar price, and it will not be too high."

Everyone thought it made sense, that is to say, after going around, this batch of cotton will eventually return to their hands.

Of course, even if the price of the 85 bales of cotton is not high, it will be higher than $[-]. After all, those guys can't make money, so they will lose a little.

It's just that the people present are all smart people, and they can quickly figure out whether they are losing or gaining by doing so.

It doesn't matter if you lose 10 bales, as long as you run out of Qiao Ge's funds, the panic caused will make the cotton prices of other merchants lower. Less than $85.

In this way, they believe that they can still make a lot of money.

The most important thing is to blow Fajia's prestige, let him know that there are some things that his administrator can't do whatever he wants.

The assets of this group of people are actually nothing compared to some other rich men in Mumbai, but in the cotton industry, if everyone joins hands, it is not so easy for the administrator to intervene.

"Didn't we let them suffer before? It's interesting to have exchanges. Let's do this. Let's each produce some cotton, make a hundred thousand packs, and use up that kid's funds. Well, remember to call some Reporters spread the news, making as much noise as possible..." Pandit said.

Everyone has no objection to Pandit's proposal. Only when the news spreads can it cause panic.

Someone mentioned Hu Lin and the others, and they thought that Qiao Ge's purchase of cotton would be sold to the Chinese.

This surprised other people. Other foreign purchasers are easy to say, but they have nothing to do with the Chinese side.

Pandit is very calm. He thinks that this matter has nothing to do with the Chinese. The purchase volume of the Chinese cannot be too large. The previous [-] bales was about the same.
Everyone thinks it is reasonable, but in the end it is their contest with Gao Haga and Fajia.

So without hesitation, they immediately started calling the people below them to arrange tasks.

(End of this chapter)