My autobiography is definitely not a tragedy!-Chapter 730 - 448: The Bigger the Storm, the Pricier the Fish_2
Chapter 730: Chapter 448: The Bigger the Storm, the Pricier the Fish_2
From her last performance, Gao Yuan clearly had reservations about selling shares of Changqing Biological, showing an extremely determined stance.
However, it might not be the same strict defense for Baiyeji.
In practical terms, compared to two biotechnologies with limited influence, an IT company that has continuously created superstar AI products obviously holds more investment value.
When the time comes, using the resources at hand to slightly hype it up, getting Baiyeji into the "trillion club" and then selling off the shares in hand would be an enormously profitable transaction.
Incidentally, it would also accomplish the acquisition task of eight oil tankers... a perfect two-for-one deal!
Once the other party agrees, they could immediately obtain a whopping sum of 51 billion in capital, solving their urgent needs.
In Tang Yijing’s view, with such generous terms, Gao Yuan would almost certainly not refuse.
However...
Gao Yuan slowly shook her head.
Tang Yijing’s face stiffened.
"Chairman Gao, are you not satisfied with the price?
Although Baiyeji has the technology, after all, it has not undergone large-scale market testing yet. The price we are offering is already quite sincere."
Gao Yuan shook her head, "Mr. Tang might have misunderstood, I am fairly approving of the current valuation of Baiyeji, it’s the 3.6 billion price tag I’m referring to."
"Uh... what do you mean?" Tang Yijing was stunned.
"What was said to be 3.6 billion before doesn’t mean it is still 3.6 billion today. The market dictates the price, Mr. Tang should understand that, right?" Gao Yuan said with a smile.
Tang Yijing: "..."
His expression grew more rigid as he said, "I don’t quite understand what you’re getting at, Chairman Gao."
"Not long ago, across the ocean, a sudden announcement was made to withdraw from the Iran nuclear deal and to reimplement sanctions. How does Mr. Tang see the impact of this unexpected event?"
Gao Yuan suddenly posed a question that seemed completely unrelated to the topic at hand.
Yet, these words struck like a bolt from the blue, causing a storm of alarm to surge within Tang Yijing’s heart!
"This... forgive my limited knowledge..."
He struggled to maintain his composure, but panic was evident in his eyes.
The vague suspicions he had had at their last meeting became reality at this moment—the other party... seemed to have already noticed!
"Ha! In my opinion, this will directly lead to a global supply tension, an increase in oil prices, and indirectly result in a rise in oil tanker lease prices.
In the first half of this year, the average daily charter rate for VLCCs from the Middle East to Country Hua was only 11,000 US Dollars/day, with sluggish market demand.
However, since last week, the loading volume in the Middle East has significantly increased, and Asian refiners’ demand for oil from the Middle East and Atlantic basin has also increased markedly.
Under the momentum of the market, the average daily charter rate of the benchmark route has quietly risen, ending its downward trend. As of yesterday, it has already exceeded 12,000 US Dollars/day.
In just one week, the rental price has risen by more than 1,000 US Dollars...
I believe, given Mr. Tang’s professional expertise, you understand what this implies, right?"
Tang Yijing’s face became even more frozen, and he dared not meet Gao Yuan’s piercing gaze.
There are numerous shipowners and shipping companies around the world who buy ships and then rent them out to achieve long-term investment returns.
Therefore, the daily charter rate of standard routes is one of the important indicators of ship prices.
This is because it relates to the number of years shipowners can expect a return on their investment and whether it’s worthwhile to invest.
By the way, John Frederiksen, the Norway Ship King, is one such prominent shipowner...
"This... international transport markets are unpredictable, and small price changes might just be normal technical adjustments..." Tang Yijing said, steeling himself.
Seeing that he was still stubbornly arguing the point, Gao Yuan smiled.
"Is that so? I, on the other hand, see it as a strong signal of the market warming up.
By the way, Mr. Tang, have you seen the news today? What do you think about the sudden detention of Hua Wei’s executive in Canada?"
"Uh... this..."
Tang Yijing was unsure why Gao Yuan was bringing up this topic at this moment and chose his words carefully.
"Of course, the news is all over the place today, and I have heard about it.
However, the media always makes a big fuss of things, and the specific circumstances, I’m afraid, will only be known after some time has passed.
It might just be a standard transit investigation. After all, such things happen quite often abroad."
"Ha! I, on the other hand, feel that this is a symbolic incident of escalations between the two countries.
So, Mr. Tang, do you think, if the two countries fall into an even more intense dispute, it would be good or bad for the upcoming international shipping market?"
"It should... be bearish..."
"Hmm! It’s a long-term bear market, but short-term it is actually bullish! You know, the rougher the seas, the pricier the fish..."
Tang Yijing: "..."
"So, does Chairman Gao believe in the subsequent market and plan to wait for a better offer?" he said, forcing a smile.
"Hmm! Indeed!"
Gao Yuan, on the other hand, did not attempt to hide her agreement, nodding and looking at him with a smile.
How could this be...
Tang Yijing was desperate to realize that it seemed almost impossible to complete the minimum guaranteed task today...
The international oil tanker market was indeed undergoing subtle changes that were difficult for the average person to notice.
That was also why the client was urging them, hoping to complete the acquisition as soon as possible...
Because after some time, once the daily charter rate for oil tankers continues to rise, even fools would know that the 8 oil tankers in their possession were treasures!
Although 3.6 billion was higher than the current market price for new ships, those 8 ships were invaluable immediate deliveries.
You should know that shipbuilding cycles are at least one or two years. Who could guarantee the same market conditions by the time new ships were launched?
But what he never expected was why a high-tech company owner, who had never been involved in any international shipping field, would have such a keen observation of the subtle changes in the oil tanker market.
The advantage of information asymmetry no longer existed, and naturally, the window for a low-cost acquisition had closed...
"Then... I wonder what your mental price is now, Chairman Gao?"
Tang Yijing almost felt as if his heart was bleeding as he asked the question.
As soon as he said this, it virtually meant his unconditional surrender, handing over the right to set prices.
It also meant... his bonus was gone...
But he understood that, with Gao Yuan having said what she had, continuing to hope for the 3.6 billion price was nearly impossible.
Unable to snap up a bargain, he could only proceed with the business process and engage in price negotiations.
All he could hope for now... was that the other party wouldn’t make outrageously high demands...
"The price remains at 3.6 billion, but I will only sell you 6 ships!" Gao Yuan stated her price.
"What... What?!"
Upon hearing this, Tang Yijing almost spat out a mouthful of blood.
Originally, 3.6 billion for 8 ships, averaging 450 million per ship; now you’re selling them for 600 million a ship, and it’s only been a few days! Isn’t that too steep a price increase?
"Chairman Gao, you’re not joking, are you?"
"Of course not. Among them, besides 5 ordinary large oil tankers, there’s also one that’s undergone automation upgrades, absolutely worth the price!
Of course, if you’re not in a position to decide, you can always ask the buyer behind you, hehe!"
Tang Yijing’s expression stiffened.
Does she know something? Impossible! She must be bluffing!
"Additionally, I have an extra condition."
Tang Yijing was dumbfounded.
You’re already asking 600 million per ship, and there are still extra conditions?
Gao Yuan looked at him, smiling softly.
"Actually, it’s nothing troublesome... Look, if we solve the problem with these 8 ships, the ’concerns’ of your company’s executives would no longer exist.
In that case, could we then consider discussing the matter of a loan?
How about using Baiyeji’s 100% equity as a mortgage for a loan of 15 billion? What do you think?
If that doesn’t work, Changqing Biological’s shares can also be mortgaged, as long as the price is right, we can talk about it!
Gao Sheng has funds, we have technology; it would be a perfect win-win for a strong alliance!"
Tang Yijing: "..."
Good lord, selling ships for 3.6 billion isn’t enough, and you also want to borrow another 15 billion?
Including the loans from the banks and P2P...
What’s with this addiction to borrowing money?
Those online commentators were right.
The person in front of me definitely loves to All in at any opportunity..."
This chapter is updat𝙚d by f(r)eew𝒆bn(o)vel.com
