Wansheng Real Estate’s new building in Causeway Bay will be launched in July. Real estate is rising now, and house prices are different every month and are rising. However, the price of this property Nie Zhan did not increase, and it was still sold at the price three months ago.
By mid-August when Mong Kok properties are launched, the prices of ground-floor and inferior units will be reduced by HK$20 per square foot. Not only that, there is also a lottery to give out gifts, and those who buy a house can get a souvenir when they leave.
This incident was quickly reported. Many people thought Nie Zhan was crazy. They also speculated whether there was a problem with Wansheng Real Estate’s capital chain. Otherwise, why would real estate be lowered for sale if it was so popular now? When the reporter interviewed Nie Zhan, he said that the company's debt ratio was relatively high and he wanted to withdraw funds early to pay off part of the debt.
Wansheng Real Estate has borrowed heavily to buy land, and its debt ratio is now as high as 68, far exceeding the normal level. His statement can be recognized by the public.
Hu Zhifeng had long persuaded him not to have such a high debt ratio. Seeing him repay the debt after withdrawing funds, he felt that his persuasion had worked. Tao Yong directly helped his girlfriend Shi Xinyu to buy two apartments in Mong Kok and asked Nie Zhan for the internal price.
After Shi Xinyu bought the house, she immediately called Lu Jiaxin, "Jiaxin, you know what I won. I won a gold necklace."
Wansheng Real Estate There are various prizes prepared, including electric fans, rice cookers, gold necklaces, and the grand prize is an air conditioner.
Lu Jiaxin smiled and said, "I'm so lucky."
Shi Xinyu said excitedly, "Yes, Tao Yong also said that I am lucky. Jiaxin, I will treat you to afternoon tea tomorrow." . ”
Actually, the gold necklace given was very thin and could be bought for a few hundred yuan, but it was a good sign. Tao Yong also felt that his fiancée had been going well recently and now she had won another prize, so he praised her. For Shi Xinyu, who had always been denied, her boyfriend's praise was even happier than winning a lottery.
Lu Jiaxin smiled and agreed.
Shi Xinyu was very puzzled and asked, "Jiaxin, aren't you bored at home every day?"
Lu Jiaxin smiled and said, "No."
Why are you bored? I have a full schedule of classes in the morning, I get up to do my homework after lunch, and I occasionally have appointments in the evening. It was also the afternoon tea arranged by Teacher Xinyu. If I was playing ball, I wouldn’t have time.
Shi Xinyu said, "Sister Mei Tong has to go to work tomorrow, so I won't call her. I'll call her extra when she has a rest."
She still I think it's best for me now. There is a store manager in the store who can go over and take a look when he is free. He can also entertain customers when the mood strikes. If you don't want to move, just stay at home or get together with two friends. Unlike Yu Meitong, she just works from Monday to Friday and occasionally attends lectures on weekends. Although I know she is making progress, she looks so tired
"Tell her this."
"Yes."
Ended Not long after Shi Xinyu called, she received another call from Su Heyuan, asking about the real estate. Now that the real estate market is so good, everyone is increasing their prices.Not to mention lowering production prices, but also holding lottery draws to attract buyers. Nie Zhan said he would withdraw funds to repay debts, but he was dubious.
Lu Jiaxin was thinking that he had a new building to be opened next month, so he said, "I can't explain it clearly on the phone. Come over after get off work and we will have an interview."
He just said it was abnormal, but Su Heyuan was not Willing to wait until get off work "I'll come over now."
"I have to go to class, I don't have time now, you can come over at noon"
Su Heyuan then remembered that she had to go to class in the morning, so go over now There was no time to talk in detail, "Okay, I'll come over for lunch."
Lu Jiaxin thought that he liked to eat sashimi, so she smiled and said, "It just so happened that Feng Qinglei sent tuna and Australian lobster. You are in for a treat today." ”
After calculating the time, Lu Jiaxin just finished her class when Su Heyuan arrived at the Lu family mansion. At this time, Lu Jiaxin had no appetite, so she took him to the study.
Su Heyuan said impatiently, "Why does Nie Zhan want to sell at a lower price?"
Lu Jiaxin drank half a glass of water and said slowly, "Just like the report said, returning funds to pay off debts and reduce liabilities "The debt ratio is 68, which is too high."
"What's more?"
Lu Jiaxin smiled. The money raised through rights issues will be used to repay debts.”
Wansheng Real Estate conducted rights issues to raise funds the year before last and last year. Next month's rights issue fund-raising was facilitated by Lu Jiaxin. Of course, the money from raising funds is not used to pay off debts. It will be used to buy bottoms after the stock market crash, and then it will be used to hoard land after making money.
Su Heyuan said doubtfully, "Just keep the real estate debt ratio at 60. The funds returned from the two real estate projects should be almost the same."
Lu Jiaxin did not answer his words, but asked "How much have you invested in the stock market?"
Su Heyuan said without thinking, "I bought 46 million stocks and have earned more than 24 million so far. My grandfather said that the stock market is a little overheated now, so let me Reduce some of the stock holdings. I have already told the stockbroker to sell half of it, so that I can get my principal back."
No wonder Mr. Su was able to escape from the stock market crash that year. I don’t know how many people are better than me when I’m sober. In fact, the stock market is too hot, and many people are uneasy, but they are greedy and always want to make more money.
Lu Jiaxin said, "Azhan also feels that the stock market is overheated now, so he wants to quickly withdraw funds to pay off part of the debt. The company's debt ratio is too high. If there is a big fluctuation in the stock market, banks will come to collect debts."
"Nie Zhan also feels that the stock market is overheated"
Lu Jiaxin asked, "Don't you think the stock market is overheated now?"
Su Heyuan also felt unsure, so he listened to the old man It is recommended to reduce half of the stock holdings at the end of the month. Thinking that Lu Jiaxin's financial fortune has always been good, he asked, "You also bought a lot of stocks and cleared them."
Lu Jiaxin didn't hide anything from him, and said, "I will clear the stocks next month, and the futures next month." All positions were closed at expiration. I made a lot of money this time, so don’t be greedy, or you’ll cry if you get caught in it.”
As soon as Su Heyuan heard this, he said, "Then tell me when you clear out the warehouse, and I will sell them all too."
"Okay."
Su Heyuan asked, "Home Xin, do you want me to organize an event?"
As the second shareholder, Lu Jiaxin also knows the situation of Yuansheng Real Estate relatively well. Yuansheng Real Estate's debt ratio is 46, which is within the normal range in the real estate industry. However, the stock market crash is coming, so it would be better to sell the house as soon as possible to collect funds. Otherwise, when the stock market crash comes, many people will suffer heavy losses and will not buy houses. If the house cannot be sold, the company will have to pay high bank interest, which increases costs.
Lu Jiaxin said with a smile, "Gifts actually don't cost much, but some people are used to being thrifty. If the house price is similar to the location, they will definitely choose you first."
Su Heyuan thought about it. I decided to follow Lu Jiaxin’s suggestion and prepare to hold promotions next month. After the funds are withdrawn, you can either pay off debts or hoard land. Please remember to collect it, the latest and fastest website without anti-theft, free to find books and add books, you can join the qq group 887805068