Chapter 2410 Rich Man
For Lira Gaevich.
Maybe ten million dollars is not that much money after all.
The same is true for Chen Zhao. Maybe he will spend more than this amount of money at once.
But if it's in business, every cent counts.
The two legal teams may have been arguing for months, just for the 0.1 profit.
This is very common in shopping malls.
Therefore, Lira Gaevich cannot be as indifferent as he seems on the surface.
The same is true for Chen Zhao, such as the movies invested by Chen Zhao, Steven and Rasfa.
The three of them can give each other millions or even tens of millions of dollars in gifts.
But in terms of box office share, it is impossible to pay less even if it is one cent or cent.
Because that is the bottom line of business investment. If you lose one cent today, you may lose a zero tomorrow.
Of course, the reason why Lila Gaevich was handed over to Chen Zhao was to handle it.
The main thing is to sell Chen Zhao a favor.
In other words, it was to return the favor to Chen Zhao.
The two of them can be considered a life-long friendship.
After all, he fell into hell in the first place.
Chen Zhao went straight into hell.
From that time on, he also understood Chen Zhao's terror.
He knew better that it was a blessing to have such allies and friends.
Of course, being owed $10 million is another story.
If given the opportunity, he would not let go of collecting the debt from the Xinshe Research Institute.
Just because he used this incident to sell Chen Zhao a favor doesn't mean he gave up the $10 million.
"Would you like to go to that research institute and have a look? Maybe we can find any clues."
"Is it far from here?"
"It's not close. In fact, I haven't been there either." As he said that, Lila Gaevich turned to look at the servant next to him: "Go and call Merlin."
"Merlin? Who?"
"Oh, one of my lawyers." Lila Gaevich said: "Because the Xinshe Research Institute has not paid for the goods and is suspected of malicious default, we recently planned to use the Xinshe Research Institute to pay off the debt. This time She is also responsible for everything.”
Chen Zhao originally thought that Merlin was a legal beauty like Alex.
As a result, Chen Zhao was greatly disappointed when Merlin came.
Merlin is already in his fifties, although his clothes are as simple and smart as ever.
But it didn't feel like what Chen Zhao expected at all.
Merlin didn't know Chen Zhao, so he just said hello to Lila Gaevich.
"boss."
"Well, how is the situation at the Xinshe Research Institute?"
"Currently, because the court cannot find a legal person, it has determined that Xinshe Research Institute has committed a serious breach of contract and maliciously defaulted on payment. It has agreed to our request. Now Xinshe Research Institute and the surrounding land are ours."
"You did a great job. Take us around the Xinshe Research Institute. I want to see my new territory."
Chen Zhao and Lila Gaevich were sitting in the back seat, chatting.
Although Merlin was driving the car, she had eyes and ears in all directions, and she had been listening to the conversation between the two.
She was very curious about who Chen Zhao was.
"Has your Hydra yacht been used recently?" Lila Gaevich asked.
"What? Are you going to sea?"
"Yeah, I'm taking some foreign partners out for fun, so I plan to borrow your Hydra for use."
"You don't have a yacht?"
Lira Gaevich's wealth is only much greater than that of Chen Zhao.
Therefore, Chen Zhao does not believe that Lira Gaevich will not have a yacht.
"Yes, I have two yachts, but they have been sailing for more than twenty years. Most of the equipment has not kept up with the times. If it is just for ordinary pleasure, forget it. This time it is used to entertain a few super rich people. , those two yachts are a bit hard to deal with.”
"Oh, then you can send someone to my house to pick it up another day." Chen Zhao said.
Chen Zhao has no plans to go to sea recently, so he generously lent the Hydra to Lira Gaevich.
Merlin's heart moved, this Asian man was also a rich man.
She had boarded Lila Gaevich's yacht, and pure luxury was not enough to describe those two super yachts.
But even that kind of extravagant super yacht is not qualified?
So how luxurious should the yacht Lira Gaevich borrowed from Chen Zhao be?
"Have you made any large investments recently?" Lila Gaevich asked again.
"Huh? Why do you ask that?"
"Your friends have been selling some second- and third-level assets recently, cashing out, and making large loans with banks. This situation is either because they are in urgent need of money, or there is a financial shock. If it is a financial shock, It’s impossible for me to know nothing about it, so I can only guess where they need money urgently and what kind of investment they should make.”
The so-called secondary assets are those industries whose annual profits do not exceed 1 to 2% of the investment amount. Basically, after deducting the interest on liabilities, the secondary assets can only be said to have no losses at best, and are far from being profitable.
However, even secondary assets are still very popular in the financial market.
Just like the giants on Wall Street, they are not short of money, but what they are short of is how to turn the cash in their hands into non-depreciating properties.
The third-level assets are the kind of industries that are above and below the profit line. They may make a small loss this year and make a small profit next year. They can barely break even and survive.
If the third-level assets can be sold at a breakeven price of their own valuation, the second-level assets can be sold at a premium of more than 20% over their own valuation.
This kind of assessment is graded and evaluated by banks. For example, first-class assets are high-quality assets.
Assets with profitability exceeding 5% are all assets that are rare to come by.
There are also special-grade and premium-grade assets. Basically, premiums of 200% and 300% are normal.
For example, Chen Zhao's Marina Restaurant is a prime asset. Although the bank valuation is only 80 million US dollars, its considerable profitability means that even if others bid five times, there will still be people rushing to get it.
As for Chen Zhao's Dashan Brewery and this brand, they are immeasurable treasures.
Maybe the market valuation of Dashan Beer cannot even enter the world's top 500 companies, but its profitability can make it into the top 100 companies in the world.
"Those people are your friends. The total amount of funds they have raised so far should be more than 3 billion U.S. dollars, and you have a lot of cash on hand. According to my estimate, you should have more than 1.5 billion U.S. dollars in cash. So I have to suspect that their intention to obtain cash and loans is for some kind of investment project.”
Merlin felt frightened when he heard the conversation between the two people behind him.
Is this man too rich?
What does it mean to have more than 1.5 billion US dollars in cash?
The world's richest man is estimated to have less than $1.5 billion in cash.
Even asking them to come up with $100 million on the spot would be difficult.
But this man actually holds 1.5 billion US dollars.