C347 Good and Bad
C347 Good and Bad
And we are in the oil city, more than half of us here rely on oil to make a living. Whether it is the salaried families in the oil area or the farmers near the oil area, they are all affected.
And the large drop in oil prices, this is just the beginning. Through the fall in oil prices, there was a series of butterfly effects.
We all rely on oil to make a living, the price of oil has fallen, and our income has decreased. And when everyone's income becomes lower, the number of times they come out to play will also be lower.
When everyone's spending becomes lesser, our entertainment venue will naturally be affected as well. And we, these entertainment venues, have been affected. Those restaurant owners, the bar owners, the KTV owners, they will naturally be affected. Not only them, but even our real estate projects are also affected. The business in the city was booming, and many of the popular shops were priceless. Now, everyone's income was affected, and there were fewer consumers. Some of the rich shops gradually became ordinary shops. As for some ordinary shops, they had become even more unpopular.
As for the shops that we are about to build and sell, many people also came over to refund. They were the bosses of some restaurants, KTV, and other entertainment places. They had originally planned to open branches, but now they were all not open.
And what kind of situation was it when doing business? If they didn't make money, they would have to pay. In just a short week, due to the influence of the off-season and financial crisis, our dozen or so night clubs in the city keep losing money every day. At the same time, the Oil Refinery and real estate companies are also losing money.
Sitting in the company of Leng family, Leng Shi's parents and her family's accountant kept getting even with each other. The sound of the calculator kept ringing. As for my brothers, Hongshan and I, our expressions became increasingly solemn as we smoked cigarettes one after another.
After a few hours, Leng Shi's father seemed to have aged a few years. Raising his head, he picked up a cigarette and lit it up. " This real estate project was originally the last project that we were about to transform into. And now, due to the impact of the financial crisis, our real estate project probably won't make much money. To be able to protect our project is already a blessing in disguise."
" How can we keep this project safe? " I asked.
"Let's reduce the price. The prices of the buildings will all drop, and the shops will be relocated from selling to renting." Leng's father said.
Hearing Leng's father's words, I frowned and took a deep breath of my cigarette. " If all the properties were to fall, then the houses that were previously sold... If those owners come looking for us, I'm afraid we'll have to give them some money back. As for the shop rental, it was originally a shop that could be sold for five million each. I'm afraid that we can only earn fifty thousand a year. If we do that, we might have to pay for it. "
" It's also better than turning it into an unfinished project. " Leng's father said.
"Can the international oil prices still rise?" I thought about it and asked.
"I'm afraid that it won't be able to rise again in a year. And if our project is defined as an unfinished project, even if the commercial revival happens a year later, our property will probably be destroyed as well " Leng's father said.
"Alright, let's do as you say." I said.
In just one night, we lost about one billion yuan in the project with Leng family. The house that was previously worth six thousand yuan per square meter had been robbed like crazy. We sold it for 4,000 yuan per square meter. As for the hundreds of shops, each of them could have been sold for millions of dollars. All of them were renovated to rent.
F * ck, I'm so worried that my hair is about to turn white. This time, it can really be said that my hair will turn white overnight. As for the other few businesses of ours, other than the port, we can earn some money. Oil Refinery and the entertainment facilities are also losing money non-stop. More than a dozen places are losing money, and that's more than a million yuan per night. Also, the Oil Refinery was also making a million yuan per day.
And if we calculate according to this compensation method, how much would it be in a month?
Two million per day, that would be sixty million in a month. We originally had 500 million, but because of the real estate losses, we and the Leng family each took half of it, and we lost all five hundred million. As for our Oil Refinery and the Night Arena, we don't have a single cent left. We'll take a loan with the bank, and we'll be able to hold on for a while.
However, Leng's father's judgment is absolutely correct. He said that this financial crisis will only recover after a year, and that it will only recover after a year. This year, it will be seven to eight hundred million, and we can't afford to lose money.
After thinking for an entire night, I made a decision without hesitation. The Oil Refinery closed its doors and dismissed the brothers who ran the oil for us. Up until now, we have a total of 18 entertainment facilities in the city. 15 of these places have been closed down, leaving only three places with relatively better business.
When I went to the bank to make a loan, I saw my uncle. His business is bigger than mine, and his investment is also bigger than mine. This financial crisis had a huge impact on him. As for the two of us, one of the top bosses in City J, we saw them looking for a bank loan. The two of them looked at each other and smiled helplessly.
The one who was the most shocked was the big brother of the province, Zhang Yuhui. There was also the richest man in the province and the bosses of all the large consortiums. When there was a rift between me and Zhang Yuhui, he had already invested over a hundred projects of various sizes. There were oil districts in many places in the province, except for the oil districts. He had also invested in a lot of financial businesses.
His projects were too many, too many. Naturally, his losses were also the greatest. Our side pays a few million a day, and their side pays ten million a day.
And under such a big background, under the influence of the richest man in the provincial capital and the bosses of the large consortiums, Zhang Yuhui made a few wrong decisions in a row. One of the biggest wrong decisions was to stockpile crude oil. He took advantage of this opportunity to buy a lot of crude oil at a low price. After he bought the crude oil, the international price of oil once again fell. Maybe after he persisted for a year, he would be able to make money. But his money empire was merged together with the bosses of the big consortiums. When the bosses saw that the situation was getting worse and worse, they withdrew their investments and contracted their businesses like me. Then, they left Zhang Yuhui behind, leaving him to stock up on the crude oil in his hands and a large amount of debt.
In such a desperate situation, his little brother, Shaoya, came up with a bad idea. He pushed the relationship between Zhang Yuhui and me to the point of falling apart.
At the end of September, when my brothers and I were discussing how to develop in the future, Shaoya came to find me with his little brothers.
He even found someone to kill me before and almost killed me. At this moment, it was as if nothing had happened to him. He walked in and lit a cigarette as he laughed loudly. Then he casually found a chair and sat down. "Wang Yue, Mr Yue of City J, you are so cool. You are getting more and more cool."
Shaoya's words were already annoying, because his relationship with Shaoya was not good. I saw him say so much for no reason, so I asked him with a cold smile. "Brother Shaoya, a financial crisis has taken care of all of us. I was so worried that my hair was about to turn white. Look at me. May I ask where I come from? "
After hearing what I said, Shaoya smiled and said," Mr Yue, you must be cool because you are smart. "
" Oh? " I sneered.
" I heard that you earned quite a bit of money from doing charity, right? Although this financial crisis has a huge impact on you, it doesn't seem to have any effect on your charity, right? "Shaoya had a secretive expression as he looked deeply at me.
"Shaoya, just fart if you want to. F * ck you, stop beating around the bush. " Young Master Qian had always annoyed him. He did not have a good impression of anyone in the provincial capital.
After hearing Young Master Qian's scolding, Shaoya did not get angry. He just smiled and walked to my side. He put his hands on my chair and said, " Wang Yue, you don't need to tell me what your purpose for doing charity is. We all know that we are not good people. No one can lie to anyone. I don't believe that you will really do charity out of good intentions."
"As for the money, lend it to us. Your Brother Hui owes a large sum of money and needs this money to do some underworld business to make a comeback. If we wait for our underworld business to restart, we will definitely return the money double. "
..." "Hearing Shaoya's words, my heart couldn't help but twitch.
Shaoya, he actually wants to use our charity fund to do underworld business. Use this clean sum of money to do dirty business!