Reborn as the richest man in India
Chapter 181 The minimum standard for equity participation is 500 million (asking for monthly votes)
Jogo was silent.
The three of Hebiza thought that Qiaogo had been hit. After all, Qiaogo was obviously full of confidence before, so they did not say anything anymore to give him some time.
In fact, Qiao Ge was very happy inside.
If you want to defeat your competitors, you often need to take advantage of their opponents' aggressive expansion.
At this time, the opponent seems very powerful, but there are also great hidden dangers.
That is the capital chain problem.
In the process of expansion, a large part of the funds is destined to be borrowed, and many of the interest rates may be high, putting great pressure on funds.
Then once something goes wrong, the capital chain is in danger of being broken.
As long as the Sitharaman family does not make a fuss in the palm oil market, then his previous plans can be implemented.
The other party's expansion is only in the traditional edible oil market.
And he broke away from the traditional one and started sniping from a new track.
For Qiaogo, he is now eager for the Sitharaman family to occupy a larger and larger share of the traditional edible oil market, which means that the other party will invest and consume more funds.
As long as you seize the opportunity and attack in time, you can hit the vital point of the Sitharaman family.
In the next few years, they will definitely be in the investment stage and will suffer heavy losses.
After all, there is a price war, and the price must be high.
If they want to capture most of the market and then make money, a few years will definitely not be enough.
According to Qiao Ge's deduction, they can really make money in at least five years. During this period, there will be too much room for maneuver.
He had to find a way to promote the import of palm oil, and Qiaogo had a clear goal in mind.
And when the Sitharaman family invested most of their funds, it was when their cash flow was most scarce.
In this way, it would definitely hit them within seven inches. The more Qiao Ge thought about it, the more excited he became.
Are you using your small skills to make a big difference?
To me, the Sitharaman family is definitely a behemoth, but according to my plan, there is a great possibility of overthrowing it.
He said before that he would overthrow the Sitharaman family, which was actually a bit exaggerated. At most, it would only seriously damage their vitality.
After all, they have a deep foundation and can bear even a loss of one or two billion.
Now that the other party is expanding so aggressively, if something goes wrong, it will really be doomed.
Not even for a wealthy family, the debt is just too high.
"Maybe." Qiao Ge smiled.
"Huh?" Hapal glanced at Qiaogo with some doubts, "Why do I still sound unconvinced by your tone?"
"You're not unconvinced, you don't seem to care?" Noma was also a little surprised.
"Brother Qiaogo, do you still think you have a chance?" Hebicha also asked.
That's how Qiaogo's tone made them feel.
They thought that the Sitharaman family's big move would make Jogo completely give up.
Although they really want the Sitharaman family to be destroyed, they can only think about it in their hearts, which is too unrealistic.
"Of course there is a chance." Qiao Ge smiled brightly.
Although the Sitharaman family is a big owner of edible oil and their vision is far beyond ordinary people, they were not aware of the development prospects of palm oil.
Regarding this, Qiao Ge would not have such foresight if he had not had some memories from his previous life.
During this period, even some large palm oil companies in the UK were not optimistic about the price of palm oil in the future. They believed that palm oil was a sunset industry, so they would sell oil palm plantations in Malaysia in the future.
Who would have thought that palm oil would explode so dramatically in the coming era? What a sunset industry, on the contrary, it is a sunrise industry, full of vitality.
Therefore, it is quite normal that the Sitharaman family does not see the future of palm oil.
Only then will they continue to work in traditional industries such as soybean oil and rapeseed oil.
In this way, their current investment moves are very consistent with Qiaogo's next plan for them.
The faster they expand and the greater their investment, the greater the impact the palm oil industry will have on them in the future.
"Brother, are you sure you're not joking?" Hapal asked suspiciously.
What else can be done?
The old men from their families had secretly bumped into each other several times, but they never came up with an answer.
Regarding the expansion of the Sitharaman family, they are powerless and can only reluctantly support a few relatively strong local edible oil companies. It can be said that in a few years, the Sitharaman family will be among the top wealthy families.
If they don't catch up, they may fall behind.
This is something they cannot tolerate.
Since the Sitharaman family has such great courage, don’t they?
So they also had an investment direction after careful consideration.
Hebicha and Noma are also staring at Qiaogo. Is there any possibility of this matter turning around?
"Of course I'm not joking, I'm serious." Qiao Ge said with a smile, "As I mentioned to you last time, you can join the team in the future. Otherwise, you can invest a little now. I think in this way, maybe you can Accelerate the pace of success.”
Hebicha was speechless for a while. He didn't even say anything about what he was doing. He just let himself invest here. How could he talk about business like this?
Noma asked this question.
"There's no way, it's hard to say now, because I haven't even started taking action yet." Qiao Ge said helplessly.
It's not that he doesn't believe them, it's just that the interests involved are too great.
If they reveal this matter to some people in the family, there is no guarantee that those people will have any ideas or vision.
This is not a good thing for yourself.
Even if you let them know, it will only be after you gain a certain advantage.
"So how much do you want us to invest?" Harpal asked.
"Of course, the more, the merrier. Starting from 100 million, three to five hundred million is not too much." Qiao Ge replied.
These words made the three of them dumbfounded.
It starts with 100 million, and 350 million is not much.
Each of them has a net worth of about 300 million. Do they want all of their net worth?
"This is an original stock. If you miss this time, the cost will be much higher in the future. Don't blame me for not reminding you, brother." Qiao Ge said again.
In the end, the three of them still couldn't make up their minds.
The investment on Qiao Ge's side was really too big, and they were panicking.
After all, Qiao Ge refused to say what project he was investing in. Their relationship had not reached this level yet.
Qiao Ge didn't force it. It would be best if they could invest, and they could speed up the acquisition of oil palm plantations. After all, this requires a large amount of capital.
However, even if they don't invest, they will be fine on their own. At worst, they can slowly acquire plantations. Anyway, they still have several years to go.
And this is exclusive to you, and your future profits will be even greater.
As I said, if they want to join in the future, it won't be at the current price.
If they fail to receive the benefits they offer, they cannot blame themselves.
"Brother, since you won't talk about your project over there, we won't ask any more questions. But we have a project here, are you interested?" Hebicha asked with a smile.
"Big project?" Qiao Ge was stunned for a moment.
"Of course." Noma whispered, "This is our mission in Mumbai. We are preparing to work hard in the petrochemical industry."
"What?" Qiao Ge was a little surprised, "It seems like it's not easy for a private person to get involved, right?"
The petrochemical industry is still exclusively owned by the state, and even the current Reliance Group has not entered it.
"That's the case now, but it won't necessarily be the case in the future." Harpal explained, "There is talk of liberalization from the government, allowing powerful private companies to join..."
After listening to the words of the three people, Qiao Ge finally understood what was going on.
Their families have close ties with high-level government officials, so they know some of the latest policies.
Although the petrochemical industry has not yet been opened to the private sector, this policy is already under high-level discussions.
Letting go is basically a certainty, that is, it will happen very soon in the next few years.
This is an industry with heavy asset investment. Investment funds start at tens of billions, which is not something that ordinary private companies can afford.
Since none of the three Hebizas were originally from this industry, although they were planning to enter, they were planning to join forces in order to share risks.
In addition to the three of them, they are also actively inviting other powerful families or individuals to participate in the company.
The three Hebichas came to Mumbai with the intention of contacting some of the richest people in Mumbai who had a good relationship with them.
Qiao Ge is not yet on their family's approved list, because Qiao Ge's current funds are not enough in the eyes of those old men, and he is at most a candidate.
According to the opinion of the old man in their family, the minimum capital standard for equity participation is 500 million rupees.
Now if Qiao Ge is asked to come up with 500 million, he really can’t come up with it.
Even if he could come up with it, Qiao Ge couldn't get involved now.
He will definitely find a way to enter the petrochemical industry in the future.
Not in this way, especially since he only holds a small share and has no power at all.
So Qiaogo refused.
Even if the Herbiza family can make money in the future, Qiao Ge would rather have a petrochemical company that he can control.
Although he was a little jealous, Qiao Ge knew very well that his current strength was far from enough.
How much money can you do?
"Brother, do you think the risk is too great?" Hebicha asked.
"No, I think this industry is very promising." Qiao Ge sighed, "It's just that I have invested in many industries now, and the business is huge. I have to spend money everywhere, and I can't squeeze out investment funds at all. 5 Billions, that’s too much.”
In this regard, Hebiza and the other two understood.
Don’t they know what Qiao Ge’s situation is?
Even if Qiao Ge concealed some funds from the outside world, most of those funds were invested by him in the project that he could not tell them for the time being. Since it was to target the Sitharaman family, the investment must be huge.
So how much money can Qiaogo still have?
Regarding their investment in petrochemical industry, Qiao Ge's funds are indeed far from enough and he is not qualified to participate.
"I think so too. The future is very bright." Harpal agreed. "In the past, which industry was exclusively owned by the state, which one did not make money? If we can get involved, the profits can far exceed theirs."
"So the competition is huge. There are not many petrochemical industry licenses issued by the government this time. I don't know how many people are watching." Noma sighed.
There are many forces like them that find people to form companies as partners, and everyone can see the benefits.
As long as you can get a license, it is equivalent to getting a cornucopia, and wealth will pour in.
As one of the big cities with the largest concentration of wealthy people, Mumbai is certainly worthy of people from all walks of life coming to win over and seek financial support.
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