Chapter 14 Morgan Bank Loans



When Bao Junyi heard Lucy's angry words, he cursed in his heart that he had played too much. He came here to do business today, otherwise he would be an illegal Morgan resident in the future. He admitted his mistake and said, "Beautiful Miss Lucy, I was just joking just now. Don't take it seriously."

After hearing what Bao Junyi said, Lucy became even angrier, and then felt a little disappointed.

"Hmph, I'll remember you." Lucy turned around and left angrily.

Bao Junyi touched his nose awkwardly and said, "Boss Damon, Miss Lucy won't be angry, right?"

"You said she is the apple of the Morgan family's eye. No one dares to mess with her. You better be careful when you go out next time." Damon complained in his heart.

"Xiao Baosheng, it's okay. If there are no problems, let's sign the contract."

After signing, we will start purchasing the spot gold required by Xiaobaosheng through our global branches as required.

"Great, happy cooperation then."

Bao Junyi continued, "I don't have enough cash to buy gold this time, so I need to mortgage my Miracle Games shares. I wonder what Morgan's valuation would be?"

Damon pondered for a moment and said, "We can value Miracle Games at $2 billion."

"It's too low. Your young master is also a shareholder, so he should know the ability to attract money."

"In 1971, the company's net profit revenue was more than 200 million US dollars; in 1972, the company's net profit was more than 500 million US dollars. Moreover, this year the company has expanded its markets in the Asia-Pacific region, Africa and South America, and its profits may double," Bao Junyi analyzed.

Damon calculated in his mind and said, "The valuation is $2.5 billion. It can't be any higher."

“Estimated value: $3 billion!”

"I'll mortgage 25% of my shares and borrow $750 million. The interest rate can be higher, otherwise I'll go to the Standard Chartered Bank next door." Bao Junyi said indifferently.

Damon thought for a moment before saying, "Okay, but you can't withdraw the gold you purchased during this period. It's held as collateral in our bank. If it falls below expectations and you don't provide the margin, we'll force you to sell it."

"Yes. The loan is $450 million, and I can withdraw it at any time."

"Among them, 300 million US dollars are used to purchase spot gold with a 20-fold leverage. At the same time, gold is now in a correction, and we need to buy in batches above 72 US dollars per ounce, and complete the operation within a week. Is there any problem on Morgan's side?" Bao Junyi asked seriously.

"No problem, the terms can be written into the contract. I believe in our financial position," Damon said confidently.

"Very good, it's a pleasure working with you." Damon and Bao Junyi laughed and shook hands.

Bao Junyi finally completed the last link of the early stage of the plan, and he felt relieved.

Thirty minutes later, the lawyers on both sides completed all the processes and procedures.

Bao Junyi and his group walked out of the Morgan Building.

In front of the floor-to-ceiling window of a room on the top floor of the Morgan Building, the blonde beauty watched Bao Junyi and his group leave.

This person is Lucy. She came to Hong Kong this time with her best friend Diana. Every time they met, she mentioned how talented Bao Junyi was. Out of girlish curiosity, she came to Hong Kong to familiarize herself with the family business and, by the way, to understand what kind of person he was so that she could check him for her best friend.

"I only realized after meeting him for the first time that he's actually a gangster. Although he's quite handsome, he said my private parts are small. Mine are obviously bigger than Diana's." Lucy angrily pounded the glass with her little hands.

"Don't let me catch you next time, so that you can know how powerful this queen is." Lucy said fiercely to Bao Junyi as he left.

Bao Junyi didn't know that he had been noticed by the eldest daughter of the Morgan family.

Bao Junyi walked out of the Morgan Building and suddenly felt a chill on his back, so he quickened his pace and left.

After Bao Junyi finished his work, he went straight back to the Bao family’s old house.

While at home, Bao Junyi asked his father to deposit US$150 million to purchase spot crude oil into the Global Shipping account, and completed the transaction within a month and deposited it into the Global Shipping terminal warehouses in various countries.

Otherwise, I basically stay at home every day drawing blueprints, doing designs, and doing research and development. I am a pure science and engineering guy.

Several sisters began to worry about Bao Junyi. He is now quite old and still has no partner after breaking off the engagement. He is the only male in the Bao family, so several sisters often try to find a partner for him.

Bao Junyi persisted in living in this environment for half a month.

The next day.

10:20 am.

A Boeing passenger plane from the United States to Hong Kong landed at Kai Tak International Airport.

Kai Tak International Airport, located in the Kowloon City District of Hong Kong, was put into use in 1925. It is also the main external transportation for Hong Kong. Kai Tak Airport was in service until it was closed in 1998. It served for nearly a century and witnessed the rise of Hong Kong.

A middle-aged white man walked out of the cabin, carrying a briefcase, wearing a high-end suit and sunglasses, looking very energetic.

This person is Michael, the person in charge of the US Automobile Research and Development Center. When he got off the plane, he saw someone holding a sign with his name on it.

He walked over and asked, "HI, who sent you?"

"Hello, Mr. Michael, I am the driver and bodyguard of Boss Bao Junyi. He asked me to pick you up." Wang Gang said politely.

"Okay, let's go."

After Wang Gang picked up Michael, he drove directly from the airport to the Peninsula Hotel.

"Mr. Michael, the boss asked me to tell you that you should first adjust to the jet lag and have a good rest. I will pick you up early tomorrow morning to go to the headquarters for a meeting." Wang Gang said.

"OK."

The next day.

In the large conference room on the top floor of Miracle Building.

All the executives of Miracle Group were present. Bao Junyi sat in the main seat and spoke after looking around.

"This is the first high-level meeting of Miracle Group. Jia Yuezheng will first report on the progress of the company's various projects in the first half of the year."

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