bookrandom Chapter 475 Spring of 90, Vacuum Electronics in Decline
Chapter 475 Spring of 90, Vacuum Electronics in Decline
The two couples of parents had only been in Shanghai for a few days when they came to buy houses.
A thorn was planted in Xiang Pengfei's heart: money, money, only with money could he be good to those who were good to him; he needed to make money.
Lately, he's been thinking about how to make a lot of money; his keen sense of money is like a hunter's instinctive perception of its prey.
Last week, at the Jing'an Securities trading counter, he set his sights on a stock—Vacuum Electronics.
When this stock was first issued, each share had a face value of one hundred yuan. At its peak, it rose to over one hundred and forty yuan, but in the last few days it has plummeted to ninety-one yuan.
Pengfei felt this was an excellent buying opportunity, and his confidence was not unfounded.
After all, he originally studied economics and management. He not only remembered the teachers' analysis of the essence of capital economics in class, but also had his own analysis. While prices were rising due to the price hurdles, bank interest rates soared to 12%. Now that market prices are gradually stabilizing, the authorities will certainly not ignore the situation and allow bank interest rates to continue to rise.
Last year, after making a fortune collecting treasury bonds with Brother Tunan, this business opportunity was easily discovered and imitated, and many people joined the ranks of collecting treasury bonds. He also met Brother Yang, who specialized in collecting treasury bonds, and he collected some last year and sold them to Brother Yang for a profit.
These people specifically went to remote places, such as Xi'an, Xinjiang, and Gansu. The treasury bonds had been turned into a red ocean, and it was no longer possible to make money like they used to. So, during this period, he also paid attention to the news and the movements at the securities trading counter.
He explained his idea of investing in the stock market to Lin Dongzhe and Tu Nan in detail.
In his heart, these two had always been people he trusted. After thinking about it, Zhuang Tunan and Lin Dongzhe felt that what they said to Pengfei made a lot of sense. They might be able to make a fortune. Young people should dare to fight.
Lin Dongzhe immediately slapped his thigh. "No pain, no gain! Pengfei, let's do it!"
Zhuang Tunan nodded in agreement. "I need to discuss this with your sister-in-law; all the money in the house is with her."
The next day, Xiang Pengfei received calls from the two of them. Although Tu Nan was busy drawing and couldn't accompany them, he highly approved of Pengfei's judgment and, after discussing it with Wan Shu, took out 20,000 yuan without hesitation. Lin Dongzhe was in complete agreement and also took out 20,000 yuan.
Early in the morning, before dawn, Pengfei and Lin Dongzhe had already set off to queue up.
When they arrived at the trading counter in Jing'an, a long queue had already formed. Pengfei and Lin Dongzhe stood close to the queue, each holding two fried dough sticks.
After finishing his fried dough sticks, Pengfei hugged the backpack slung across his chest, which contained 60,000 yuan in cash that the three of them had pooled together.
Lin Dongzhe, standing beside him, took out a handkerchief to wipe his hands and poked him with his finger. "Can we really do this?"
"Sure!"
He leaned close to Lin Dongzhe's ear and whispered, "The essence of capital is to buy low and sell high. Vacuum Electronics is currently undervalued. Its net asset value per share can exceed its stock price. Now is the best time to buy. If you lose money, I'll write you both IOUs. You won't lose this money."
“Pengfei, my brother and I are adults and have our own judgment. We make money together and lose money together. He's still my brother-in-law.”
Pengfei put his arm around his shoulder and nodded, but what he was really thinking was, "If we really lose money, I can't let Dongzhe and my brother suffer. I have to take the blame."
At eight o'clock, the trading counter finally opened. They were standing relatively close to the front, slowly moving forward.
They were squeezed in the queue when they turned around and inadvertently saw a middle-aged man in a suit making a phone call on a mobile phone.
It was Mr. Yang, the one who specialized in collecting treasury bonds. His briefcase was bulging and must have been full of money.
Mr. Yang hung up the phone and looked them over with a smile. "Xiao Xiang, are you here to see what's going on? Is this your friend?"
“Dongzhe, I helped Mr. Yang collect treasury bonds for a while before. Mr. Yang, this is my younger brother Lin Dongzhe. We’re here to buy stocks.”
Lin Dongzhe greeted him politely. "Hello, Mr. Yang."
"Hello, which team does Xiao Xiang favor?"
"Vacuum electrons".
Mr. Yang pondered for a moment. “I also think highly of this stock. Xiao Xiang, you're a reliable young man; that's why you've worked with me for a while. I wouldn't tell anyone else this. Remember, if you want to make money, the stock market is constantly changing. Even with the stocks you like best, you must have a backup plan. Always know when to take profits. When everyone wants to sell, you must sell first. Once everyone has sold, the price will naturally drop, and then you can buy back in.”
Xiang Pengfei fully agreed with Mr. Yang's words. "Thank you for your guidance, Mr. Yang. I will keep it in mind."
Finally, it was their turn.
At the trading window, Xiang Pengfei held the completed order form, Lin Dongzhe counted the money, and watched the teller push out a stack of share certificates.
At 91 yuan per share, I bought 660 shares for a solid 60,000 yuan.
He now had 660 shares of "Vacuum Electronics" stock. All his savings, along with the trust of his two brothers, were staked on this thin piece of paper. The stock was divided into three parts, and Lin Dongzhe would deliver his brother's share to him that evening.
Pengfei secretly vowed that, given how much Lin Dongzhe and his brother trusted him, he would make this stock stand out for him no matter what.
As soon as they went out, they heard voices coming from inside. "One hundred thousand yuan, what a generous offer!"
"I don't know what's going on today. Those two young people just bought vacuum electronics too. This is bad luck. I hope it doesn't end badly."
The two of them turned around and saw that it was Mr. Yang who had spent 100,000 yuan to buy vacuum electronics. He was indeed rich and powerful, spending 100,000 yuan in one go.
Lin Dongzhe put his arm around his shoulder. "Don't listen to what they say. My brother and I trust your judgment. Once it goes back up to 140, we'll be rich!"
"Yes, I will."
Pengfei saved up 21,000 yuan from the money he earned last time, plus from selling plastic bags and trading treasury bonds.
He poured almost all his savings into this investment, and now he only has a thousand yuan left.
But he didn't panic. He felt that it was not impossible for the price to rise to 140, 200, 300, or even 600 or 500.
The two had been busy all morning and were quite hungry. At the restaurant, they ordered two bowls of noodles and a plate of beef. Lin Dongzhe took out two hundred yuan from his pocket and stuffed it into the breast pocket of his shirt.
"Don't refuse yet. This money isn't from me, it's from my brother. He knows you don't have much capital, so he must have used up all his savings this time. My brother and sister-in-law were worried you wouldn't have money for food, so my sister-in-law specifically asked me to give you this two hundred because she was afraid you'd feel embarrassed."
Seeing that Pengfei didn't speak, he picked up a piece of meat and put it in his bowl. "Take it. When we make money from stocks, it'll be a piece of cake. We can pay you back then."
"Ok!"
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