Chapter 1286 - Domestic made is also fine
Chapter 1286 – Domestic made is also fine
“Here, Dear. Have a piece of apple.”
Li Na looks at the apple. Feng Yu had removed the skin and also removed almost half of the apple with the skin!
“You can have it. I am too full.”
Alright. Feng Yu finished that apple with a few bites.
“I need to go to Russia and the US a few days later.”
“Ok. You had accompanied me for some time, and I also can’t help you with your business.”
“Don’t worry. I will be back soon. It should take around two weeks.”
Feng Yu is going to Russia is because Kirilenko’s son has his full moon celebration. He did not know if Russia has this custom or if Kirilenko’s Fengshui master suggested this. But he doesn’t mind as he can also check on his business there. Russia’s eCommerce shopping website development had started, and he wants to check on its progress.
This situation in every country is different, and Feng Yu’s experiences might not be suitable for Russia. But he can offer some suggestions for Kirilenko and his staff.
Feng Yu will be going to the US after Russia is because of this year’s NBA semi-finals. The Wind and Rain Team is currently leading 2:1 against the Spurs and has a high chance of advancing to the finals. The Nets are also about to win against the Pacers in the Eastern Conference.
Last year’s runner-up, the Lakers, had lost to Spurs, and Feng Yu wonders if they can repeat their feats next year like his previous life.
Kirilenko even mentioned that they would fix the first six matches of the finals, and each of them will win three matches each. The seventh match will be the real match!
This way, they can sell out the tickets for all seven matches, and both of them can make more money. As long as the matches are exciting, no one will complain.
Feng Yu wants to support his team and encourage them to enter the finals. Of course, he needs to instruct them on his arrangement with Kirilenko!
Feng Yu also want to visit Amazon. Amazon is developing well and is already the World’s Biggest B2C eCommerce website. He needs to check on them and make sure there are no accidents.
Amazon is developing much faster than Feng Yu’s previous life. They are not affected by the market crash because they are not listed. Many investors are waiting and looking forward to Amazon getting listed.
Anyway, Amazon will get listed to raise funds for their overseas expansion. The investors are also worried that Amazon will raise funds privately again. But this possibility is not high, as there’s no reason for those investors to hold on to the shares and wait for dividends. How can they recover their investments this way?
Under normal circumstances, almost all investors will sell their non-voting shares to recover their capital.
These investors can get the highest returns when the company is listed, and returns from dividends are too low.
The company is currently using bank loans for its expansions. When it got listed, the company can repay its loans and continue with its expansion.
When the company gains market share, the profits will start coming in. If it starts to go after profits and give up expanding now, it will not be easy for them to expand in the future.
In short, this is giving up short-term gains for higher profits in the future. Those investors will not see any returns, and the returns will be very low in the next one to two years.
Luckily, most of the internet companies’ profits are negative now, and Amazon is doing well for maintaining slight growth in their profits.
Feng Yu is very satisfied with Bezos management. Of course, he has given Bezos enough support, and he gets to make all the decisions. Although Ralph is holding a Director title in Amazon, it is for convenience. Ralph has never interfered with the company’s operations.
When Feng Yu was about to leave for Russia, he received a call from Director Fang.
“Manager Feng, there is an issue with that matter we discussed.”
“What is it? You all cannot get one satellite for me? Never mind. I will contact Sino Satellite myself and launch it in another country.”
Feng Yu is quite unhappy with this. He had helped the higher-ups a lot, but they are refusing to help him on this matter.
“Manager Feng, listen to me first. It’s not the higher-ups who are unwilling to help. It is because Sino Satellite’s orders are full until three years later. They cannot add one more for you, and we have plans for the satellites we booked. But the higher-ups are willing to let you rent two transponders cheaply.”
“Two transponders? It’s not enough. Never mind. I will get someone else to help. Although it might be slightly more costly, I can still accept it.” Feng Yu decided to look for Kirilenko. Although it is not cheaper, he can skip the queue and launch it earlier.
“Manager Feng, there is another solution. Dong Fang Hong 3 has four more transponders than Sino Satellite. Sino Satellite has 14 while we have 18. I know you find eight years of usage is too little, but it is still worthwhile. The higher-up said that if you buy Dong Fang Hong 3, they will allow you to reserve a Dong Fang Hong 4. When Dong Fang Hong 3 time is up, Dong Fang Hong 4 will be ready to be launch. Dong Fang Hong 4 can last 15 years.”
“Also, we will provide all the services if you buy our satellites. This is more worthwhile than buying one from other countries. We also have existing stocks, and if you agree, we will launch them for you next month. The earlier your satellite is launch, the earlier you can make money, right? Our launches are also the cheapest, and your satellite will be launched with two other satellites. It will be a successful launch!”
China is continuing to launch communication satellites and has no problem launching Feng Yu’s satellite together.
An overseas company reserved this satellite, but the company bought a US satellite and gave up their deposit with China.
At around the same time, Feng Yu wants to buy a satellite urgently.
Feng Yu thought for a while. Although this satellite’s duration is much shorter, it has four more transponders. The profits will increase by a lot, and the cost will be much lower.
More importantly, the Government agreed to build a Dong Fang Hong 4 for Feng Yu, which will solve many future problems.
“Alright. I agree with your suggestion. But I am busy this month. I will let Wind and Rain Holdings Kameda Masao sign the contract with you all, and the balance will be paid after it is launched successfully!”