56, over a million, less than 10 days increase by 10 times!? _1
Translator: 549690339 I
[Today’s Intelligence]
[1. You checked lottery-related information yesterday and acquired the following intel The lottery shop at No. 59 Tongji Road will soon issue a
first prize.]
[2. You checked football information yesterday and acquired the following intel — The Huaxia Team will lose 0:3 to the Kore Country Team.]
[3. You met Li Jinwen yesterday and acquired the following intel Li
Jinwen’s parents will visit you in Rakshasa City soon.]
[4. You checked the family group chat yesterday and acquired the following intel Lin Hu’s wife’s infidelity video will be uploaded at 5:00:00 AM to
(www.any three digits+two letters.com) in the Domestic Explorer Section.]
[5. You met Wang Youcai yesterday and acquired the following intel — Wang Youcai has a date with the female anchor Lanlanzi at the Marriott Hotel, Jingkai Road tomorrow night at 7.]
[6. You went to Da Run Fa Supermarket yesterday and acquired the following intel Due to the flood in the north, the wholesale price of ginger
shoots will rise to 9.25 yuan per 500 grams in seven days.]
[7. You bought a Wuling car yesterday and acquired the following intel —
The presale price of Wuling Starlight is 93,800-109,800 yuan.]
[8. You checked the classmates’ group chat yesterday and acquired the following intel Zhang Yihua’s animation studio is facing closure, but if
it does not close, it will generate 200 million in revenue in the next year.]
[9. You passed by the BYD 4S shop yesterday and acquired the following intel
— BYD’s Hong Kong stock closed yesterday at 234.20, today’s opening price is 233.50, peaking at 233.50, with a trading volume of 105,600 shares.] [10. You passed by the BMW 4S shop yesterday and acquired the following intel
— The female employee Zhang Hui has a personal debt of 180,000 yuan and will soon flee abroad with the customer’s car purchase funds.]
“Having hung around the lottery shop for so long without getting a single football match result, I finally have one!”
Lin Mo quickly took out his phone and checked the latest odds for the football match between the Huaxia Team and the Kore Country Team.
The odds for the Kore Country Team to defeat the Huaxia Team are 1 to 1.18.
Hmm, that’s frustratingly low.
Even if you bet 1 million on Kore Country winning, you’d only earn 180,000 in the end.
On the other hand, betting the other way would net more, with a draw at odds of 6.0, and a Huaxia Team victory at even higher odds of 1 to 11.
What does that mean,
bet 100,000 and make a clean million!
But that’s only if the Huaxia Team wins.
However, Lin Mo wasn’t looking at the odds for victory.
How much money could that earn?
For someone who knows the exact final result of the match, of course, he’d go all-in on the score odds, and after checking, Lin Mo found out that the odds for a 0:3 loss were 6.90, almost 7 times the return.
“I currently have a little over a million on hand. If I bet all of it, I could earn at least six or seven million!”
“Awesome! Now I don’t need to buy a house on Minghai Island. I could pick out a two-bedroom apartment in North City District!”
Though it hadn’t begun yet, Lin Mo could almost see the moment his bank account balance skyrocketed.
Just thinking about it is thrilling!
And today’s good news doesn’t stop there.
“Ginger shoots wholesale price will go up to 9.25 yuan?”
“Isn’t it usually three or four yuan?”
“I need to check the current wholesale price of ginger shoots!”
Lin Mo studied Agricultural Product Transportation and Distribution Management in college. Although the school wasn’t great and he didn’t learn much of substance, he still had a decent understanding of agricultural products.
He opened the APP store, searched for “Yi Mu Tian” app, and downloaded it onto his phone.
This is an Internet company based on mobile Internet technology that deeply plows agricultural product origins to enhance the efficiency of agricultural produce circulation, mainly providing pre-sale market research services and full-process supervision services during the sales.
It’s like Taobao, with a slogan that claims to help those with abundant supplies open up the national market quickly, ensuring there are no hard-to-sell goods anywhere.
The app isn’t large.
After a successful download, Lin Mo entered the words “ginger shoot” and clicked search.
The results displayed.
[Ginger Price: 3.75 Yuan per half-kilogram (November 22nd)]
+0.7 Yuan +0.17% (compared to the previous day) 7-day average price 3.46 Yuan per half-kilogram.
Lin Mo glanced at the prices from the place of origin.
[1.42 Yuan per half-kilogram (November 22nd)]
+0.01 Yuan +0% (compared to the previous day) 7-day average price 1.46 Yuan per half-kilogram.]
Prices from the place of origin could only serve as a reference, as the transport costs of agricultural products were very high, and there were second and third-level middlemen marking up the prices.
Going directly to the place of origin to buy wasn’t realistic.
Nowadays, most farmers operated under contract farming, which meant that before even planting, these major wholesalers had already reserved the next year’s yield and a guaranteed minimum price.
They wouldn’t sell to outsiders.
Individual farmers did exist, but collecting their produce was too much of a hassle, laborious and troublesome.
Moreover, the problems with local muscle and local tyrants in the agricultural sector were severe. As an outsider unfamiliar with the area, going to the place of origin and trying to buy at a slightly higher price than the big wholesalers could be risky.
Personal safety wasn’t the main concern, but the state of the goods was unpredictable.
You could encounter substandard goods being passed off as good quality, goods being swapped, a mysterious delay in the transportation of the truck, or even whether you could extract the goods from the ground – all were uncertainties.
After you’ve paid the money, having the goods snatched away by a mob of a hundred or so local villagers would leave you with no recourse.
Exaggeration?
It was indeed that exaggerated.
Just like the incident not long ago in Henan Province, where a lady growing medicinal herbs had taken out loans totaling several hundreds of thousands of yuan. She had endured until a year of bumper harvests, only to have her crop completely robbed and destroyed by villagers nearby, leading to a total loss.
They didn’t rob her earlier, nor later, but chose the year of the bounty to strike.
When Lin Mo saw this news, he figured it was probably due to a pricing disagreement with the major local wholesalers that led to her being targeted.
Farmers didn’t necessarily make money, but these middlemen were raking it in hand over fist.
The situation was somewhat better now. Going back a bit further, when capital entered the field to speculate, it would directly corner the entire garlic market from the place of origin, causing the price of garlic, which cost one Yuan per half-kilogram to produce, to skyrocket crazily to fifteen Yuan per half-kilogram.
All sorts of wild futures trading markets also emerged, where people banded together to shear the unsuspecting investors, with some multiplying their funds several times over in a matter of days.
It wasn’t until 2018 that the government introduced a target price insurance policy. No matter how low the purchase price, the insurance would set a price and then make up the difference to the farmers, finally calming the notorious ‘Garlic You Cruel’ crisis.
“Time difference… seems like it’s just enough,” he muttered to himself.
“Let me think…”
“I’ll take all the money I have now to bet on football game scores. I can claim the prize from sports lottery the next day and get the funds. Then I can take that money to the wholesale market and stock up on ginger shoots. Aside from the cost of cold storage and transportation, I can at least double my capital.”
“If all goes well, in less than ten days, the more than one million yuan I have now could turn into… over ten million!”
“I’m gonna make it… this time it’s for real!”
Lin Mo clenched his fists tightly, caught up in exhilaration. At that moment, all he wanted to do was leap out of bed, roar to the heavens, and then run two laps around the neighborhood.
He’d been excited when he made over a million, but the thrill was nothing like this.
After all, a million yuan, though substantial, was not enough when it came to spending!
It wouldn’t even solve the problem of buying a house!
But ten million was different,
It wasn’t just enough to buy a house outright, but there would also be money left to invest in Zhang Yihua’s animation studio.
According to the information provided by the system, that was a high-quality entrepreneurial project which could reach a revenue of two hundred million yuan in the coming year!
The more Lin Mo thought about it, the more excited he became, so wired that he couldn’t sleep. All he wished for was the dawn to come quickly so he could start implementing his plan.
Then, to his dismay, Lin Mo discovered he was suffering from severe insomnia, just like on the first day the system was activated.
The moment he closed his eyes, visions of more than two hundred million yuan in tender, pink banknotes piled up like mountains danced before him, jostling and swaying, sending every one of his cells into a frenzied dance…
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