Chapter 272: Stealing the Sky and Changing the Day
Overall, tonight's date was a great one. Pen Γ fun Γ Pavilion www. ο½ο½ο½ο½ο½ο½ γ ο½ο½ο½ο½
After dinner, Roland sent the "Pearl Knight" Victoria back to the Yanbo Chamber of Commerce's guild in Kitland City, and he took the insurance contract to visit Master Kosygin non-stop.
In Roland's view, the tournament can only succeed and not fail, and the so-called insurance does not actually provide much security for his investment.
If the operation of the tournament fails, whether there is insurance or not is nothing more than a loss of 1 million or a loss of 500,000 yuan, and both results will have a devastating blow to his overall plan.
In that case, why give up a portion of the profits to buy insurance? In fact, what he cares about is not the insurance itself, but the use of insurance contracts to pull the Yangbo Chamber of Commerce into his camp of profiting from the competition.
Victoria didn't realize that she was selling more than just an insurance policy today, and I'm afraid even Katya didn't realize that they actually leased the "credit" of the Yangbo Chamber of Commerce to Roland when they signed this insurance.
This "credit" is like an invisible asset, and in certain circumstances it is even more valuable than the 500,000 insurance amount.
As soon as Roland walked into Kosygin's parlor, this invisible asset came into play, revealing a great presence in the eyes of the Master of Prophecy.
"Oh? You did buy bonds? Kosygin took the bond subscription contract handed over by Roland, and suddenly couldn't laugh or cry, "You kid is so stubborn, I said all those words in the morning, okay, the loan has been given to you, I don't care what you want to buy, but why are you still coming to me?" β
"Master, I want to continue to take out a loan, or a million." Roland replied calmly with a teacup.
"What to use as collateral?"
"Just use this short-term financing note with a face value of 1 million."
"Poof!" Kesygin squirted out all the tea in one gulp, and couldn't help but be angry, "Little guy, are you entertaining me?" The credit rating of these bonds is rubbish in my eyes! If I accept that you will continue to borrow with bonds as collateral, why not buy bonds yourself, why give you the opportunity to arbitrage from them? You're old and confused, aren't you? β
Roland smiled and helped him beat his back, "Master, dissipate your anger, I did this for a reason." β
"Then tell me your reasons! If you can't satisfy me, I'll turn you into a frog and throw you in the pond! Kosygin said angrily.
"Master, you don't want to buy bonds because you don't have a high credit rating on this bond and think the risk of default is too great, right?"
"yes, and then what?"
"Risk is difficult to measure with data, everyone has a different opinion, in my opinion, this bond is not very risky, it is worth starting, so I borrowed money from you to buy bonds, my mind, you also know, is to use the interest rate difference between bonds and loans to arbitrage."
"Hehe, you're very honest, but I can't agree with your assessment of risk, young man, don't talk about you when I do this business, your father hasn't been born yet, do you really think your vision is more accurate than mine?" Kosygin asked with a sneer.
"That's right! You are an expert, an authority, and a leader in the industry! I admit it, but there are other professionals in the industry besides you, and their opinions are probably more supportive of my judgment. β
"Oh? Tell me, what kind of professional agrees with your nonsense? Kosygin was both unimpressed and a little curious.
Roland smiled innocently, "Master, have you heard of the Yangbo Chamber of Commerce in Baigull Harbor?" β
Kesygin couldn't help but sit up straight and twisted his neck, "The largest chamber of commerce in the North, the leader of the Beihai trade circle, of course I know that although the lighthouse bank does not have much business with the Yangbo Chamber of Commerce, I still approve of their business methods, could it be that the top management of the Yangbo Chamber of Commerce intends to buy bonds?" β
"Not intentionally, it's already bought a million bonds." Roland took out a copy of the contract for the subscription of bonds by the Yangbo Chamber of Commerce and handed it to Kosygin, "I borrowed it from Mrs. Natasha, if you don't believe it, you can verify it yourself, it will definitely not be fake." β
Kosygin snorted and threw down the contract casually, "Forgive me, kid, don't dare to lie to me...... The Yangbo Chamber of Commerce only bought one million, if they were really confident, why didn't they eat all the five million? This doesn't mean much. β
"Master, let's be honest with you, the Yangbo Chamber of Commerce has pressed too much chips on several big businesses recently, and there is not much liquidity left, and they can't get more cash if they want to buy bonds, and they can't find a bank loan, so they can only buy a little less."
"Hehe, it's all you talking to yourself, I won't be gullible."
Roland saw that the old man was disdainful, but his heart was actually a little shaken, so he showed his final killer move.
"Master, look, this is the bond insurance I bought in the Yangbo Chamber of Commerce, the insurance amount of 500,000, the Yangbo Chamber of Commerce only charges me 10,000 yuan for the insurance fee, what do you think this means?"
Of course, Kosygin would not have known that there was a lot of human affection in this policy, and Victoria did not intend to bother with Roland about the cost out of the mood of repaying the favor.
Starting from the general business thinking, since the insurance amount is huge and the fee charged is very low, Kesygin can only come to one conclusion: Yangbo Chamber of Commerce believes that this insurance is very safe, it is almost impossible to trigger the compensation clause, no need to invest a penny, and make a net profit of 10,000 yuan in 30 days, which is a good deal!
The old man took a sip of tea, smacked his lips, and couldn't help muttering in his heart: "Is it really that I am too conservative?" β
Roland is a hairy boy with neither fame nor qualifications in the investment circle, and he can laugh at Roland's judgment. But he couldn't ignore the judgment of the Yangbo Chamber of Commerce, after all, it was also a huge consortium comparable in size to the Lighthouse Bank, and the professional investment team hired by them was not vegetarian.
He is an authority, and others have authority; He has qualifications, could it be that the Yangbo family, which has been running the North Sea trade circle for centuries, lacks qualifications?
Everybody thinks they're smart, but the question is who are you compared to -- who are the top people in the industry who are stupider than you?
People who are accustomed to using authority to crush younger generations tend to be more afraid of authority than younger generations.
Kosygin really faltered.
Roland observed the change in his face and struck while the iron was hot: "Master, I want to use the insurance contract of the Yangbo Chamber of Commerce plus the bond contract as collateral to borrow one million from the Lighthouse Bank, okay?" β
Kosygin was silent for a long time, and finally spoke: "The Yangbo Chamber of Commerce has been operating steadily for many years, with good financial conditions and excellent credit, with the bonds guaranteed by the Yangbo Chamber of Commerce, the risk is within the controllable range, and I can accept your mortgage application." β
"Thank you, Master! I'll treat you to dinner tomorrow! Roland smiled and gave Kosygin a powerful bear hug.
"Oops! You light, pity my old bone ......" Kosygin pushed Roland away, rubbed his waist and said stupidly, "I feel that your kid will come to me again." β
"Hehe, your old man deserves to be called a master of prophecy!"
"Come on, stinky boy, get out of here! When I see you, my scalp is numb, and I always feel that I have been calculated by your kid......"
"Then there will be a period later!"
"Hmm......" Cauchy Jin watched the figure of the young man disappear outside the door, and couldn't help but shake his head and smile bitterly, "What kind of fame is this little fox doing?" β
Early the next morning, Roland took the newly arrived check for 1 million, first went to Lady Natasha to buy bonds, walked out of the castle gate and went straight to the office of the Yangbo Chamber of Commerce, planning to go to Lori Knight to buy a bond insurance.
Hurrying out a short distance, Roland suddenly stopped.
Not far in front of him, a lonely figure appeared on the empty avenue, with a long tuxedo wrapped around the girl's tall and graceful body.
The golden glow of the morning sun seemed to drape her in a gorgeous veil, and between her dark hair and her long black dress were only two touches of snow whiteβa slender neck like a swan, and a pair of white slender hands. (To be continued.) )