Chapter 640: Buy All Gas Concept Stocks, You Will Earn 20 Billion in This Wave
[After three years of signing, my identity as a great person was exposed] []
After listening to Yang Chen's words, Yang Fu seemed to understand why the price of vegetables has soared.
In fact, it’s not just vegetables that are increasing in price. Many things are also increasing in price.
It’s just that vegetables are closely related to everyone’s lives and we eat vegetables every day, so everyone’s reaction is so intense.
Soon, things related to daily life, such as oil, salt, sauce, vinegar, coal, electricity, gas, etc., will definitely increase in price significantly.
This is the sequelae of the real estate industry entering a period of depression. Other industries simply cannot withstand the financial impact on the market and will inevitably push up prices.
However, our company's income has not increased significantly, which will cause many people to feel that they cannot afford to live.
Yang Chen continued: "Sell all the stocks you hold now, buy all the funds into gas concept stocks, and wait for them to double."
Yang Fu: "Sell everything and buy the gas concept? You won't be wrong in your prediction, right?"
Yang Chen smiled and replied: "If the computer makes a mistake, I can't even make a mistake. In a month at most, gas will definitely rise by at least 30%. You first look for some more active gas concept stocks, and then look for opportunities to sneak in and wait. Just the stock explosion of this concept will do."
After all, they were father-in-law, and Yang Fu felt that his son would definitely not lie to him.
The only thing he is worried about now is whether Yang Chen will make a mistake in his prediction.
The Metaverse concept stocks he currently holds are looking pretty good.
If he sells them all to buy gas, if Yang Chen guesses wrong and the stock of this concept does not rise sharply, then he will lose the profit that the Metaverse Concept should have risen.
Yang Chen stood up and said, "I'm going to make a phone call. You can do the math yourself."
Vegetable prices have risen sharply. This is a good opportunity for the fresh and high-quality products purchased by Yang Chen to hit the rice group selection, Tao Vegetables and other community group buying brands.
Yang Chen immediately called Zhang Qiutong, CEO of Fresh Food Choice.
Ever since Yang Chen acquired 90% of the equity from Zhang Qiutong, he has not particularly interfered with the management of the company. Everything has continued as usual and is still managed by Zhang Qiutong.
Now that the opportunity for Fresh Food Premium to take off has come, Yang Chen must go into battle himself.
As long as we can seize this opportunity, it will be easy to achieve the best choice of fresh food, surpass the best choice of rice balls, and shop for vegetables and other brands.
Zhang Qiutong quickly asked: "Director Yang, why did you call me suddenly? Do you have any instructions?"
Yang Chen said with a smile: "I do have something very important to ask you. I recently found that the price of vegetables has soared a lot. Do we have a lot of inventory here? Are the prices fluctuating greatly?"
Zhang Qiutong: "We don't have much inventory. We don't have much inventory. Especially for vegetables that are more perishable, we don't dare to stock up on more. Basically, it's enough for two or three days. Any more is not cost-effective."
It's only enough for two or three days, which is obviously not enough.
Yang Chen: "What about our current purchase price? Has it increased significantly?"
Zhang Qiutong: "It has increased a little, but not by much. But if this situation continues for a long time, our profit margin will be significantly reduced. Originally, Fresh Food Selection was in the stage of burning money. If the profit margin decreases at this time , which is very unfriendly to our performance. At present, we are still in the stage of burning money. If the performance cannot be improved, then there is really no hope, and no other institutions will invest in our company."
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[After three years of signing, my identity as a great person was exposed] []
Yang Chen doesn't care about performance or organization, he just wants to seize this opportunity to make Fresh Food Selection No. 1 in the industry.
Yang Chen immediately ordered: "You should adjust the price immediately, and you are not allowed to increase the price of vegetables.
We even need to send more coupons to old users to stimulate their desire to consume. "
Zhang Qiutong was confused when he heard this. The company was already losing money, so why did Yang Chen want to lose more?
Zhang Qiutong felt that Yang Chen might not understand well, so he explained: "Director Yang, we are not making any money now and have been in a state of loss. Every dime that is lowered now means that we have lost a dime."
Yang Chen: "I know, I've already lost most of my money, and I don't care if I lose a little more."
Zhang Qiutong: "The key is that the supply of vegetables is tight these days, and the cost of receiving goods is constantly increasing. If we lower the price and the cost increases, the 10 billion funds on the account may be gone in less than half a year."
He said this as if Yang Chen didn't know how to settle accounts.
Yang Chen must have a rough estimate before making a decision.
As long as the loss is within his acceptable range, he won't care how much he lost.
However, Zhang Qiutong was also performing his duties and was not wrong.
Yang Chen patiently explained: "I have thought about everything you said, and those are not problems. Let's put it this way, you send people to look at rice dumplings, vegetables and other brands every day. We are cheaper than them for similar products. 10%. I will make random checks and comparisons from time to time. If I find that our price is not more than 10% lower than the price of other brands, I will ask you! Do you understand? "
Zhang Qiutong was stunned because he felt that Yang Chen was completely fooling around.
However, Yang Chen is the major shareholder and chairman who holds 90% of the shares.
Zhang Qiutong is just the CEO with only 10% of the shares.
No matter in terms of equity or position, he has to obey Yang Chen's orders.
Even if Yang Chen's decision is really wrong, he can only implement it obediently and has no right to object.
Besides, the main funds for the company's development were injected by Yang Chen.
Yang Chen doesn't deserve to lose all his money, so as a CEO, why should he worry so much?
"Okay, I understand. However, I want to tell you, Director Yang, in advance. According to your method, I estimate that we will be out of money for up to half a year." Zhang Qiutong replied.
Yang Chen: "These are not things you should consider. Just carry out my orders."
After saying that, Yang Chen hung up the phone.
Of course Yang Chen knew that he would burn money quickly like this, but he was not afraid. As much as he would burn here, he would earn back as much as he could from the stock market.
He called Chen Qiao, CEO of Star Investment.
Chen Qiao was studying financial news. When she saw Yang Chen calling, she quickly answered the call.
"Hey, Mr. Yang, what's up?" Chen Qiao asked.
Yang Chen: "We are selling all the stocks we are operating except liquor, and lurking all suitable gas concept stocks within three trading days. We can wait for the main force to pull up, or we can do it ourselves. In short , just buy all gas concept stocks.”
Chen Qiao: "Vegetable prices have been ridiculous recently. Shouldn't we buy agricultural stocks? I haven't heard that gas prices are going to rise."
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[After three years of signing, my identity as a great person was exposed] []
Yang Chen: "The stock nature of agricultural stocks is too poor, and most of them are large-cap stocks, so it is difficult to pull them up significantly. Even if there is hot news, it would be good to have a daily limit. But most gas stocks are theme stocks , the market is relatively small, and it is easy to raise a few daily limits. We need to lurk in advance and wait for the big rise in gas."
Chen Qiao: "So, Mr. Yang, do you expect the gas price to rise sharply in the future?"
Yang Chen: "It is inevitable that everything such as firewood, rice, oil, salt, sauce, vinegar, and tea will rise. This wave of significant decline in housing prices will lead to a substantial increase in daily necessities. Just wait and see, there will be news in a week at most, about natural gas, coal, electricity, etc. Energy prices will rise across the board."
Yang Chen's vision has always been very accurate, especially since the stocks he named to buy would all reach their daily limit without exception.
Chen Qiao has witnessed how unique Yang Chen's vision is many times, and she will never doubt Yang Chen's judgment.
"Okay! I will hold a group meeting for everyone later and ask them to prepare some information first. Tomorrow we will start selling off the stocks we hold and buy gas and other energy stocks in large quantities." Chen Qiao replied.
Yang Chen: "Yeah. Give priority to buying gas and hydrogen energy concept stocks, followed by coal, then electricity, and liquor will be adjusted recently. Look for opportunities. Buy as much as you have on the books. We must make at least two hundred in this wave. Hundreds of millions. Do you understand?"
Chen Qiao: "Understood!"
What are you afraid of losing money?
If you lose money there, you can make it back in the stock market. Anyway, the stock market is an ATM machine, and it is an ATM machine that allows you to withdraw money directly without depositing money.