Chapter 259【Let’s stroke it! 】(Ask a monthly pass!)
The real estate industry on Hong Kong Island has become hot since 1953, when Nanyang capital poured in;
Next, Fok Yingdong’s speculation in pre-completed flats continued to thrive in the real estate industry, which was out of control.
By April 1956, residential prices in Yau Tsim Mong, Kowloon had reached 32 Hong Kong dollars per square foot;
According to this trend, Wu Guangyao estimated that by the end of 1957, the price of residential properties in Kowloon will reach 40 Hong Kong dollars to 42 Hong Kong dollars per square foot.
What is the concept of this price, compare it with the data (the unit price of high-end residences on Hong Kong Island was 70 to 80 Hong Kong dollars per square foot at the beginning of 1969, and at the end of 1970, the unit prices of high-end Hong Kong islands were 180 to 200 Hong Kong dollars per square foot.)
In other words, Hong Kong Island housing prices at the end of 1957 will reach a little more than half of what they will be 12 years later.
This price increase made Wu Guangyao frightened, so he decided to develop early and sell the house first.
In April, Cheung Kong Industrial developed the land in Mong Kok, which is still a residential area, and it is still a planned 1,900 unit residence.
In May, Yangtze River Development developed a deep-water wading land and will build a residential community with 1,800 units.
For a time, Changjiang Industrial has unlimited scenery!
Four residential projects, there should be 7,500 residential units, which can accommodate 50,000 people!
No real estate company dares to develop such a large project. Even a British-owned real estate company chooses to develop a project of hundreds of unit houses, and then waits for the funds to be returned to develop the next project.
Chinese capital is the same, even more shabby, and generally develops two or three high-rise residential projects with one or two hundred units.
Although the projects that everyone develops are small, there are too many people who can't stand to do real estate, so it will be sooner or later that supply exceeds demand!
Just like stock speculation, everyone knows that stocks have the risk of plummeting; but when the stock rises, it is enough to make everyone forget the risk!
Unlike Wu Guangyao, as a traverser, he clearly knows the time of the plunge!
Even so, Wu Guangyao has prepared for the worst, and the plunge will be advanced!
Therefore, Wu Guangyao decided to fully develop the land in 1956 and withdraw funds as much as possible in the first half of 1957.
It doesn’t matter if it can't be sold out, as long as 1958 has passed, it will rise slowly!
But 60% of the funds must be withdrawn for bank loan repayment, commercial construction costs, and bargain-hunting funds!
1956 was a year when Wu Guangyao had many sons and daughters!
In May, Keika Kusano made another contribution and gave birth to a daughter for Wu Guangyao, named Wu Rui;
Kayla in London is also 8 months pregnant, which means that Wu Guangyao will have three children this year;
Since then, Wu Guangyao has a total of 8 children.
Lin Yueru, Li Cui, Kayla, and Kusano Keika each gave birth to two children for Wu Guangyao. It can be described as outstanding military exploits!
Wu Guangyao is to accompany the postpartum Kusano Keika while working in Toyo.
The Dongying branch of Global Shipping is located on the 12th floor of a building with a hundred employees.
In Wu Guangyao’s exclusive office, Gao Ke, head of the Dongying branch of Global Shipping, is reporting!
"The four companies, Showa Energy, Changtong Cargo, Mitsui Vessels, and Osaka Merchant Marines, have been dissatisfied with the short-term contract since we started to rent only short-term contracts. They have begun to reduce the number of short-term contracts. Our shipping mission. Fortunately, our global shipping is well received in the industry, so even if these four companies reduce our business, our global shipping will not be affected too much!"
Wu Guangyao is not surprised. It is normal for these big customers to be dissatisfied with his own speculative behavior!
However, this will not change your own business methods.
"In these years, 70% of our business in Dongying has been undertaken by these four companies, which is easy to be choked by them! Next, you try to spread the business as much as possible. For example, new customers should turn them into old customers. Long-term customer."
"Yes, please rest assured, Mr. Wu, our global shipping advantages are among the best in the world, and it is not difficult to expand our business!"
Wu Guangyao nodded, Gao Ke's words are on the point!
Compared with shipowners in Europe, America and Dongying, Global Shipping has a price advantage, and this advantage is great!
Compared with the shipowners on Hong Kong Island, Global Shipping is more professional. The quality of seafarers and the professionalism of the company are unmatched by other shipowners on Hong Kong Island. Because Global Shipping has a professional maritime college, the people trained are Systematic training.
This is Wu Guangyao's support, not afraid that these companies will not choose themselves.
However, if you can obviously fight for it, Wu Guangyao will fight for it. After all, the customer is first and you cannot offend it easily!
"Help me make an appointment with a long-term customer of Dongying, I invite everyone to gather together!"
"Yes!"
Wu Guangyao still intends to fight for it and contact the relationship!
Global Shipping has nine long-term customers, large and small in Toyo; among them, Showa Energy, Changtong Cargo, Mitsui Shipping, and Osaka Merchant Marine account for 70% of the business, and the remaining five companies account for 30% of the business.
Over the years, Global Shipping has rarely cooperated with customers who only need to lease a few boats for a short period of time;
After all these nine customers have cooperated for the first time, the cooperation has not been interrupted. It can be said that the cooperation is very pleasant.
This time Wu Guangyao refuses to rent a long-term lease. Obviously these people will be a little dissatisfied, so let yourself put out the fire for everyone!
Wu Guangyao went to the countryside to follow the customs, entertained everyone in a high-end geisha hall, and ordered a high-level geisha for each.
Everyone did not enter the topic at the beginning, but chatted about some business and current affairs before entering the topic.
"Mr. Wu, you can always predict the shipping situation, and our customers will suffer a lot!" Nozawa Nao, enjoying the service of a geisha, complained to Wu Guangyao dissatisfied.
"Really? Have you really suffered a lot for so many years?"
"Then I'll give you a stroke: Before 1951, I leased you a long-term contract. At that time, no other shipowner did this except me. This time, you made money!"
"From 1951 to 1953, global shipping happened to catch up with the opportunity. At that time, although we rented you short-term, but we all got a 10% discount, and a small number of ships were also rented for long-term. I would like to ask here. During this period, has anyone rented it to you for a long-term period? Is there anyone whose short-term price is lower than me? This time, you still made a profit!"
"In 1953, I did predict that the Korean War was about to end. After all, where was the situation. I leased you a three-year long-term contract, but my long-term contract price was also 10% off. Overloaded by you, the maintenance costs are very high. Have you calculated carefully, in the past three years, our global shipping and those short-term chartered ship owners have actually made almost the same average per trip! It’s just that our business has not been interrupted. And the short-term charter shipowner business may have been interrupted. Then I would like to ask, what have you lost?"
Wu Guangyao righteously asked everyone a series of rhetorical questions, clearing up the speculation of global shipping.
After listening to Wu Guangyao's words, everyone did not immediately refute, but thought that Global Shipping has indeed not pitted everyone over the years. Global Shipping’s three-year lease contract only seeks a ‘business stability’.
Actually, there is a little knowledge in this, that is, after they leased the ships of Global Shipping, if the business decreases, then the ships with short-term contracts must be cancelled.
So, it can be said that this is a win-win situation, and what is lost is the interests of other shipowners.
"But, why don't you continue to lease a long-term contract?" Nozawa Shang asked the biggest question in his mind.
"First, the vast majority of shipowners are now leasing short-term contracts, and no one is willing to sign long-term contracts with you, so global shipping can choose independently; second, this year's shipping price is the lowest in the past five years (8 US dollars per month). T), long-term contracts have no benefits at all. How do you tell us to rent to you; third, even if you think I am speculating, then I ask you, when there is a real voyage operation, are you the first to think of us? Shipping, because we can give you a discount and give you the best service."
Wu Guangyao can be said to put the interests in front of everyone. Although they have found other ship owners, Wu Guangyao believes that the price is definitely not much different from that of Global Shipping, but Global Shipping is definitely more professional!
Changtong Freight’s Sato finished the round: "Haha, in fact, we and Mr. Wu are the most enjoyable cooperation. Recently, we did have a little misunderstanding. It is fine if we make it. We will still be friends in the future. Continue to cooperate!"
Nozawa Nao also knows that he must not offend Global Shipping. First of all, Dong Yunhao should be the most powerful other shipowner on Hong Kong Island, but he only has a carrying capacity of 200,000 tons, and most of them do not take the route of Dongying. Others on Hong Kong Island. The shipowner usually has a deadweight of tens of thousands of tons, which is definitely not enough for a large energy company; the important thing is that the price and service are not comparable to global shipping.
As for European and American shipowners and Dongying shipowners, they are inferior to global shipping in all aspects!
"Anyway, no matter what kind of quotation, I give you a 10% discount on the market price, and guarantee service, efficiency and professionalism. Mr. Nozawa, don't you think?" Wu Guangyao also looked at It came out, maybe this time it was Nozawa Shang who was taking the lead.
"Mr. Wu, please forgive me, it is indeed my mistake! But if Mr. Wu invited this meal earlier, maybe everyone will have no misunderstanding, haha!" Nozawa Shang finally relieved.
Wu Guangyao also apologized to everyone, explaining that it was too late!
In fact, even if Wu Guangyao does not explain, these people will not choose not to cooperate!
After all, where is the advantage, and global shipping in Dongying is definitely very popular, there is no shortage of customers at all!
It turns out that price and service are advantages on the one hand; on the other hand, Wu Guangyao is the big shipowner who takes the lead in building ships in Dongying. Dongying shipbuilding industry, government, and society are definitely very fond of global shipping!
I recommended it at noon today, happy!
(End of this chapter)