Chapter 183: [Highspeed expansion, 100% debt ratio! ] (Seeking month
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Chapter 183 [High-speed expansion, 100% debt ratio! 】(Ask a monthly pass!)
Located in the office on the sixth floor of the Universal Building on Queen’s Road in the central ring of the island, Wu Guangyao and Sundars are having a heated discussion.
Because of the good market situation, only the last 4 freighters (50,000 tons deadweight) of Global Shipping’s 16 freighters (with a deadweight of 200,000 tons) have not paid off the loan, and the remaining freighters have no debt.
Therefore, Wu Guangyao plans to directly purchase a second-hand cargo ship with a deadweight of 200,000 tons this time.
This made Sundarshi feel that Wu Guangyao was obviously taking risks, very radical!
But Wu Guangyao doesn't think so. Two years before the end of the Korean War, it is enough to make all these freighters pay back.
"At present, freighters all over the world have appreciated in value, whether they are second-hand or brand-new freighters. Therefore, the fixed assets of global shipping should be 10 million US dollars." Wu Guangyao said, in fact, when these freighters were bought, they cost almost nothing. $6 million.
The amount of fixed assets represents how much HSBC can lend to Global Shipping this time!
Wu Guangyao naturally has to fight for more valuation.
Sundas looked at Wu Guangyao and insisted that the freighter of Global Shipping was worth 10 million U.S. dollars, and he couldn't help but feel a little helpless.
The second-hand cargo ships of Global Shipping are simply those that were eliminated by European and American shipping companies. If they want to really fix the value, they must at least make a discount.
No, a 30% discount does not necessarily mean that the bank will dare to borrow money!
Who knows that one day there will be a breakdown in the sea and become a pile of broken copper scraps.
Since the young man refused to give in on fixed assets, Sundars had to document the debt ratio of Global Shipping.
"Even if it is 10 million U.S. dollars, if your company's debt ratio is as high as 100%, it is obviously in an extremely dangerous state. So you can borrow up to 8 million U.S. dollars, and you have to use the entire PG zipper company as a mortgage guarantee." Sundas finally Opened his mouth and said.
Accordingly, it is impossible for HSBC to lend to second-hand ships!
But in the past two years, HSBC has obviously tasted the sweetness of global shipping, so they will not reject Wu Guangyao.
Moreover, PG zipper is a cash cow with an annual profit of 6 million U.S. dollars. HSBC is also very clear.
"I still have Cheung Kong Holdings. You should also know the current value of Cheung Kong Holdings. The value of the land is close to 2 million U.S. dollars. So I will use the shares of Cheung Kong Holdings as collateral, and this time I will borrow a total of 10 million U.S. dollars." Wu Guangyao resolutely Said.
There is naturally a reason why Wu Guangyao wants a huge one-time loan of 10 million US dollars.
First of all, what is certain is that there are still two and a half years of war against the DPRK, enough to make Global Shipping pay back without worrying about losing money.
Secondly, Wu Guangyao had a big plan in the second half of 1953;
If successful, global shipping will be famous all over the world, greatly improving the reputation of global shipping in the world, and global shipping will be able to step onto the world stage.
"If this is the case, your debt ratio is as high as 100%, and you will step into the abyss by accident. Is this different from your previous style?" Sundars was full of questions.
Wu Guangyao first rented boats for a long time, so that it is stable and safe; instead, he is practicing an adventurous and radical style.
Not to mention that the ten most recent freighters have implemented short-term contracts, but it happened that the blind cat ran into a dead mouse, and the war came;
Now I have mortgaged most of my assets.
The shipping industry itself is a big risk. During the shipping depression in the 1930s, how many European and American shipping companies went bankrupt.
Of course, the Greek ship king Onassis also bought two cheap freighters during the shipping depression. As a result, he encountered World War II and made a lot of money.
"Do you know how tigers hunt? They always lie down first, crawl as far as possible in the grass, waiting for the best chance, and then pounce on it. I'm like a tiger, waiting for one Opportunity, and then suddenly exerted strength to reap the biggest prey. I waited for two years, and finally encountered the best opportunity. Naturally, I won’t let this opportunity slip away. The war in Korea will never end in one or two years, and the development of Dongying It won’t end in two or three years. So the freighter I bought this time may not take two years before I can get him back. Why don’t I take a risk for such a cost-effective business!” Wu Guangyao calmly analyzed.
"Whether the war will end for the time being, the peak of shipping will not end in two or three years. Well, since you have so much confidence, then I will promise you a loan of 10 million US dollars."
"Okay, I'll leave for Europe to buy freighters." Wu Guangyao didn't want to delay for a moment. Now shipping is a good opportunity to make money.
Getting the loan promise from HSBC, Wu Guangyao rushed to Europe non-stop.
Kayla received Wu Guangyao from the airport, and the two naturally wanted to go to Kayla’s residence first to resolve their lovesickness.
The buildings here are mostly five-story European-style buildings connected to each other, with very few tall buildings.
Kayla’s residence is on the third floor of a European-style building, and it is leased.
With Wu Guangyao's worth, she is naturally able to buy her a better house. Wu Guangyao also mentioned it, but Kayla refused.
Currently, the law firm is on the right track, with a lot of business volume. Kayla believes that she will soon be able to buy a house on her own.
Wu Guangyao had to transfer 50% of the law firm to her, so she has 70% of the shares.
I believe that it won’t be long before she will be rich!
Walking into Kaila's house, Wu Guangyao hugged Kaila and launched an offensive.
The thick clothes slipped down layer by layer, revealing two young and energetic bodies, one white and one yellow entwined with each other.
Wu Guangyao hugged Kayla. The weather in London was really cold, so naturally he wanted to go to the bedroom for further communication.
Don’t know where the bedroom is, Wu Guangyao kicked a door open with Kayla in his arms.
"My dear, that's the kitchen!" Kayla said dissatisfied, not knowing whether it was dissatisfaction with Wu Guangyao kicking the door too hard, or complaining that he had left the wrong room.
Wu Guangyao wanted to say that in the kitchen, there was a sudden chill.
This **** London weather is really cold!
One output, the two of them lay exhausted on Kayla’s bed, pulling over the bedding, Kayla lying in Wu Guangyao's arms.
"Will you get pregnant?"
"meeting!"
After a question and answer, Kayla fell into silence. Being pregnant means that she has no retreat and will be the lover of this man for a lifetime.
"Trust me, I will make you happy!" Wu Guangyao gently comforted.
As long as you have money, you can solve 99% of your troubles, so Wu Guangyao dares to boast about going to Haikou!
"If I want to live on Hong Kong Island and be your wife, will you agree?" Kayla asked again, and now Kayla is not sure how much Wu Guangyao loves herself.
This kind of wealthy people, no matter they are from that country, may regard women as playthings!
"Yes, and I will try my best to coordinate your relationship! But Kayla, I think you will be happier in London than your auntie! I plan to invest in various industries in London in the future, for you and for our children. !"
Wu Guangyao didn't lie to Kayla, he had the idea of paving the way for his children.
A small law firm is obviously not enough to match Wu Guangyao’s second room.
"Hmph, I don't know if you are telling the truth! But I tell you, I have to keep the position of my wife, and I have to check whether you still love me at any time!" Kayla said, she thought if Wu Guangyao loved herself , Will definitely not be afraid of the original partner and marry yourself into the door.
Although I said that I would not go to Hong Kong Island to become a wife, but a woman’s heart is naturally elusive!
"Yes! Your man still has this charm. That woman is not willing to betray, and obediently listen to orders!"
"Humph!"
Kayla's cold snort just aroused Wu Guangyao's desire, and he turned over and rode on Kayla.
"Not satisfied? That is to try!"
Feeling Kayla’s hot body, Wu Guangyao seemed to be ready to move again. This European and American woman is so exciting!
No wonder men in later generations are proud of marrying a white woman!
It’s no wonder that future generations of company leaders should be proud of learning English!
(End of this chapter)
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Chapter 183 [High-speed expansion, 100% debt ratio! 】(Ask a monthly pass!)
Located in the office on the sixth floor of the Universal Building on Queen’s Road in the central ring of the island, Wu Guangyao and Sundars are having a heated discussion.
Because of the good market situation, only the last 4 freighters (50,000 tons deadweight) of Global Shipping’s 16 freighters (with a deadweight of 200,000 tons) have not paid off the loan, and the remaining freighters have no debt.
Therefore, Wu Guangyao plans to directly purchase a second-hand cargo ship with a deadweight of 200,000 tons this time.
This made Sundarshi feel that Wu Guangyao was obviously taking risks, very radical!
But Wu Guangyao doesn't think so. Two years before the end of the Korean War, it is enough to make all these freighters pay back.
"At present, freighters all over the world have appreciated in value, whether they are second-hand or brand-new freighters. Therefore, the fixed assets of global shipping should be 10 million US dollars." Wu Guangyao said, in fact, when these freighters were bought, they cost almost nothing. $6 million.
The amount of fixed assets represents how much HSBC can lend to Global Shipping this time!
Wu Guangyao naturally has to fight for more valuation.
Sundas looked at Wu Guangyao and insisted that the freighter of Global Shipping was worth 10 million U.S. dollars, and he couldn't help but feel a little helpless.
The second-hand cargo ships of Global Shipping are simply those that were eliminated by European and American shipping companies. If they want to really fix the value, they must at least make a discount.
No, a 30% discount does not necessarily mean that the bank will dare to borrow money!
Who knows that one day there will be a breakdown in the sea and become a pile of broken copper scraps.
Since the young man refused to give in on fixed assets, Sundars had to document the debt ratio of Global Shipping.
"Even if it is 10 million U.S. dollars, if your company's debt ratio is as high as 100%, it is obviously in an extremely dangerous state. So you can borrow up to 8 million U.S. dollars, and you have to use the entire PG zipper company as a mortgage guarantee." Sundas finally Opened his mouth and said.
Accordingly, it is impossible for HSBC to lend to second-hand ships!
But in the past two years, HSBC has obviously tasted the sweetness of global shipping, so they will not reject Wu Guangyao.
Moreover, PG zipper is a cash cow with an annual profit of 6 million U.S. dollars. HSBC is also very clear.
"I still have Cheung Kong Holdings. You should also know the current value of Cheung Kong Holdings. The value of the land is close to 2 million U.S. dollars. So I will use the shares of Cheung Kong Holdings as collateral, and this time I will borrow a total of 10 million U.S. dollars." Wu Guangyao resolutely Said.
There is naturally a reason why Wu Guangyao wants a huge one-time loan of 10 million US dollars.
First of all, what is certain is that there are still two and a half years of war against the DPRK, enough to make Global Shipping pay back without worrying about losing money.
Secondly, Wu Guangyao had a big plan in the second half of 1953;
If successful, global shipping will be famous all over the world, greatly improving the reputation of global shipping in the world, and global shipping will be able to step onto the world stage.
"If this is the case, your debt ratio is as high as 100%, and you will step into the abyss by accident. Is this different from your previous style?" Sundars was full of questions.
Wu Guangyao first rented boats for a long time, so that it is stable and safe; instead, he is practicing an adventurous and radical style.
Not to mention that the ten most recent freighters have implemented short-term contracts, but it happened that the blind cat ran into a dead mouse, and the war came;
Now I have mortgaged most of my assets.
The shipping industry itself is a big risk. During the shipping depression in the 1930s, how many European and American shipping companies went bankrupt.
Of course, the Greek ship king Onassis also bought two cheap freighters during the shipping depression. As a result, he encountered World War II and made a lot of money.
"Do you know how tigers hunt? They always lie down first, crawl as far as possible in the grass, waiting for the best chance, and then pounce on it. I'm like a tiger, waiting for one Opportunity, and then suddenly exerted strength to reap the biggest prey. I waited for two years, and finally encountered the best opportunity. Naturally, I won’t let this opportunity slip away. The war in Korea will never end in one or two years, and the development of Dongying It won’t end in two or three years. So the freighter I bought this time may not take two years before I can get him back. Why don’t I take a risk for such a cost-effective business!” Wu Guangyao calmly analyzed.
"Whether the war will end for the time being, the peak of shipping will not end in two or three years. Well, since you have so much confidence, then I will promise you a loan of 10 million US dollars."
"Okay, I'll leave for Europe to buy freighters." Wu Guangyao didn't want to delay for a moment. Now shipping is a good opportunity to make money.
Getting the loan promise from HSBC, Wu Guangyao rushed to Europe non-stop.
Kayla received Wu Guangyao from the airport, and the two naturally wanted to go to Kayla’s residence first to resolve their lovesickness.
The buildings here are mostly five-story European-style buildings connected to each other, with very few tall buildings.
Kayla’s residence is on the third floor of a European-style building, and it is leased.
With Wu Guangyao's worth, she is naturally able to buy her a better house. Wu Guangyao also mentioned it, but Kayla refused.
Currently, the law firm is on the right track, with a lot of business volume. Kayla believes that she will soon be able to buy a house on her own.
Wu Guangyao had to transfer 50% of the law firm to her, so she has 70% of the shares.
I believe that it won’t be long before she will be rich!
Walking into Kaila's house, Wu Guangyao hugged Kaila and launched an offensive.
The thick clothes slipped down layer by layer, revealing two young and energetic bodies, one white and one yellow entwined with each other.
Wu Guangyao hugged Kayla. The weather in London was really cold, so naturally he wanted to go to the bedroom for further communication.
Don’t know where the bedroom is, Wu Guangyao kicked a door open with Kayla in his arms.
"My dear, that's the kitchen!" Kayla said dissatisfied, not knowing whether it was dissatisfaction with Wu Guangyao kicking the door too hard, or complaining that he had left the wrong room.
Wu Guangyao wanted to say that in the kitchen, there was a sudden chill.
This **** London weather is really cold!
One output, the two of them lay exhausted on Kayla’s bed, pulling over the bedding, Kayla lying in Wu Guangyao's arms.
"Will you get pregnant?"
"meeting!"
After a question and answer, Kayla fell into silence. Being pregnant means that she has no retreat and will be the lover of this man for a lifetime.
"Trust me, I will make you happy!" Wu Guangyao gently comforted.
As long as you have money, you can solve 99% of your troubles, so Wu Guangyao dares to boast about going to Haikou!
"If I want to live on Hong Kong Island and be your wife, will you agree?" Kayla asked again, and now Kayla is not sure how much Wu Guangyao loves herself.
This kind of wealthy people, no matter they are from that country, may regard women as playthings!
"Yes, and I will try my best to coordinate your relationship! But Kayla, I think you will be happier in London than your auntie! I plan to invest in various industries in London in the future, for you and for our children. !"
Wu Guangyao didn't lie to Kayla, he had the idea of paving the way for his children.
A small law firm is obviously not enough to match Wu Guangyao’s second room.
"Hmph, I don't know if you are telling the truth! But I tell you, I have to keep the position of my wife, and I have to check whether you still love me at any time!" Kayla said, she thought if Wu Guangyao loved herself , Will definitely not be afraid of the original partner and marry yourself into the door.
Although I said that I would not go to Hong Kong Island to become a wife, but a woman’s heart is naturally elusive!
"Yes! Your man still has this charm. That woman is not willing to betray, and obediently listen to orders!"
"Humph!"
Kayla's cold snort just aroused Wu Guangyao's desire, and he turned over and rode on Kayla.
"Not satisfied? That is to try!"
Feeling Kayla’s hot body, Wu Guangyao seemed to be ready to move again. This European and American woman is so exciting!
No wonder men in later generations are proud of marrying a white woman!
It’s no wonder that future generations of company leaders should be proud of learning English!
(End of this chapter)
Chapter 183 High-speed expansion, 100% debt ratio! Ask a monthly pass!Located in the office on the sixth floor of the Universal Building on Queen's Road in the central ring of the island, Wu Guangyao and Sundars are having a heated discussion.Because of the good market situation, only the last 4 freighters 50,000 tons deadweight of Global Shipping's 16 freighters with a deadweight of 200,000 tons have not paid off the loan, and the remaining freighters have no debt.Therefore, Wu Guangyao plans to directly purchase a second-hand cargo ship with a deadweight of 200,000 tons this time.This made Sundarshi feel that Wu Guangyao was obviously taking risks, very radical!But Wu Guangyao doesn't think so. Two years before the end of the Korean War, it is enough to make all these freighters pay back."At present, freighters all over the world have appreciated in value, whether they are second-hand or brand-new freighters. Therefore, the fixed assets of global shipping should be 10 million US dollars." Wu Guangyao said, in fact, when these freighters were bought, they cost almost nothing. $6 million.The amount of fixed assets represents how much HSBC can lend to Global Shipping this time!Wu Guangyao naturally has to fight for more valuation.Sundas looked at Wu Guangyao and insisted that the freighter of Global Shipping was worth 10 million U.S. dollars, and he couldn't help but feel a little helpless.The second-hand cargo ships of Global Shipping are simply those that were eliminated by European and American shipping companies. If they want to really fix the value, they must at least make a discount.No, a 30% discount does not necessarily mean that the bank will dare to borrow money!Who knows that one day there will be a breakdown in the sea and become a pile of broken copper scraps.Since the young man refused to give in on fixed assets, Sundars had to document the debt ratio of Global Shipping."Even if it is 10 million U.S. dollars, if your company's debt ratio is as high as 100%, it is obviously in an extremely dangerous state. So you can borrow up to 8 million U.S. dollars, and you have to use the entire PG zipper company as a mortgage guarantee." Sundas finally Opened his mouth and said.Accordingly, it is impossible for HSBC to lend to second-hand ships!But in the past two years, HSBC has obviously tasted the sweetness of global shipping, so they will not reject Wu Guangyao.Moreover, PG zipper is a cash cow with an annual profit of 6 million U.S. dollars. HSBC is also very clear."I still have Cheung Kong Holdings. You should also know the current value of Cheung Kong Holdings. The value of the land is close to 2 million U.S. dollars. So I will use the shares of Cheung Kong Holdings as collateral, and this time I will borrow a total of 10 million U.S. dollars." Wu Guangyao resolutely Said.There is naturally a reason why Wu Guangyao wants a huge one-time loan of 10 million US dollars.First of all, what is certain is that there are still two and a half years of war against the DPRK, enough to make Global Shipping pay back without worrying about losing money.Secondly, Wu Guangyao had a big plan in the second half of 1953;If successful, global shipping will be famous all over the world, greatly improving the reputation of global shipping in the world, and global shipping will be able to step onto the world stage."If this is the case, your debt ratio is as high as 100%, and you will step into the abyss by accident. Is this different from your previous style?" Sundars was full of questions.Wu Guangyao first rented boats for a long time, so that it is stable and safe; instead, he is practicing an adventurous and radical style.Not to mention that the ten most recent freighters have implemented short-term contracts, but it happened that the blind cat ran into a dead mouse, and the war came;Now I have mortgaged most of my assets.The shipping industry itself is a big risk. During the shipping depression in the 1930s, how many European and American shipping companies went bankrupt.Of course, the Greek ship king Onassis also bought two cheap freighters during the shipping depression. As a result, he encountered World War II and made a lot of money."Do you know how tigers hunt? They always lie down first, crawl as far as possible in the grass, waiting for the best chance, and then pounce on it. I'm like a tiger, waiting for one Opportunity, and then suddenly exerted strength to reap the biggest prey. I waited for two years, and finally encountered the best opportunity. Naturally, I won't let this opportunity slip away. The war in Korea will never end in one or two years, and the development of Dongying It won't end in two or three years. So the freighter I bought this time may not take two years before I can get him back. Why don't I take a risk for such a cost-effective business! Wu Guangyao calmly analyzed."Whether the war will end for the time being, the peak of shipping will not end in two or three years. Well, since you have so much confidence, then I will promise you a loan of 10 million US dollars.""Okay, I'll leave for Europe to buy freighters." Wu Guangyao didn't want to delay for a moment. Now shipping is a good opportunity to make money.Getting the loan promise from HSBC, Wu Guangyao rushed to Europe non-stop.Kayla received Wu Guangyao from the airport, and the two naturally wanted to go to Kayla's residence first to resolve their lovesickness.The buildings here are mostly five-story European-style buildings connected to each other, with very few tall buildings.Kayla's residence is on the third floor of a European-style building, and it is leased.With Wu Guangyao's worth, she is naturally able to buy her a better house. Wu Guangyao also mentioned it, but Kayla refused.Currently, the law firm is on the right track, with a lot of business volume. Kayla believes that she will soon be able to buy a house on her own.Wu Guangyao had to transfer 50% of the law firm to her, so she has 70% of the shares.I believe that it won't be long before she will be rich!Walking into Kaila's house, Wu Guangyao hugged Kaila and launched an offensive.The thick clothes slipped down layer by layer, revealing two young and energetic bodies, one white and one yellow entwined with each other.Wu Guangyao hugged Kayla. The weather in London was really cold, so naturally he wanted to go to the bedroom for further communication.Don't know where the bedroom is, Wu Guangyao kicked a door open with Kayla in his arms."My dear, that's the kitchen!" Kayla said dissatisfied, not knowing whether it was dissatisfaction with Wu Guangyao kicking the door too hard, or complaining that he had left the wrong room.Wu Guangyao wanted to say that in the kitchen, there was a sudden chill.This **** London weather is really cold!One output, the two of them lay exhausted on Kayla's bed, pulling over the bedding, Kayla lying in Wu Guangyao's arms."Will you get pregnant?""meeting!"After a question and answer, Kayla fell into silence. Being pregnant means that she has no retreat and will be the lover of this man for a lifetime."Trust me, I will make you happy!" Wu Guangyao gently comforted.As long as you have money, you can solve 99% of your troubles, so Wu Guangyao dares to boast about going to Haikou!"If I want to live on Hong Kong Island and be your wife, will you agree?" Kayla asked again, and now Kayla is not sure how much Wu Guangyao loves herself.This kind of wealthy people, no matter they are from that country, may regard women as playthings!"Yes, and I will try my best to coordinate your relationship! But Kayla, I think you will be happier in London than your auntie! I plan to invest in various industries in London in the future, for you and for our children. !"Wu Guangyao didn't lie to Kayla, he had the idea of paving the way for his children.A small law firm is obviously not enough to match Wu Guangyao's second room."Hmph, I don't know if you are telling the truth! But I tell you, I have to keep the position of my wife, and I have to check whether you still love me at any time!" Kayla said, she thought if Wu Guangyao loved herself , Will definitely not be afraid of the original partner and marry yourself into the door.Although I said that I would not go to Hong Kong Island to become a wife, but a woman's heart is naturally elusive!"Yes! Your man still has this charm. That woman is not willing to betray, and obediently listen to orders!""Humph!"Kayla's cold snort just aroused Wu Guangyao's desire, and he turned over and rode on Kayla."Not satisfied? That is to try!"Feeling Kayla's hot body, Wu Guangyao seemed to be ready to move again. This European and American woman is so exciting!No wonder men in later generations are proud of marrying a white woman!It's no wonder that future generations of company leaders should be proud of learning English!End of this chapter
