Chapter 594 Tough Decision (2/2)
He pointed to Li Du. ”Look, didn't Mr. Li come to us to sell these gemstones because of our brand's reputation? We have the world's most reputable brand, the best designers, we just need enough gemstones . . .”
”Yes, enough gemstones. So, where are they? How do we get them?” Norman said coldly. ”Fine. There are a few fire opals here now, but how are you going to obtain them?”
Roger was no longer speaking and looked very stumped with eyebrows tightly knit.
The people speaking were not taking each other seriously but Li Du was. Even though the two of them were mindlessly talking with each other, it gave Li Du an idea.
This was an opportunity!
Harry Winston was facing a crisis that was the result of a failed investment. It led to poor cash flow that caused many shareholders to lose confidence and want to sell their shares.
Naturally, at this point in time, the shares could only be sold at a lower price. At the very least, the selling price would be much lower than when Harry Winston had good cash flow. As such, why would Li Du not think of a way to buy the shares?
He was currently intending to enter the jewelry industry and gemstone business. However, his status was only that of a raw material provider.
According to the principle of income distribution within the three stages of production, raw material providers have the lowest income distributed, while the most profitable was the retailers who had ways into the markets.
Harry Winston was a retailer that not only had access to the market but also a reputation that was built over a hundred years.
If he was to buy shares and become a shareholder, he would have a place to deal all the gemstones he acquired in the future. He could pass them over to his own company to sculpt into products for sale.
At this rate, the profits would be huge!
Despite that, there was still a risk to doing this. How much money did he have now? How many shares could he buy? It was simply not enough to affect the decisions of the company!
In other terms, if he was incapable of saving the company, the company would still have to declare bankruptcy and be sold off, which left his investment with no return.
Soon, Li Du was frowning more than Roger, having met the most difficult decision in his life.
He was sitting on the sofa, pondering agonizingly, unaware of what was going on around him.
After an unknown period of time, someone patted him on the shoulder and said, ”Mr. Li, are you alright?”
With his deep thoughts interrupted, he automatically nodded his head. ”Oh, I'm fine. I was just thinking through some stuff. Roger?”
The person who patted his shoulder was Roger. The four of them had already stopped arguing and it was now Tedrick and the rest who were frowning.
Roger said, ”Oh, it was like this Mr. Li. My friends and I were having a bit of a quarrel. I am really sorry for making fools of ourselves.”
”No worries.” Li Du smiled.
Roger said, ”I can't keep taking up your time. If you are willing to sell us your gemstones here, we could start discussing the price.”
Li Du inquired, ”You guys have the money to buy them?”
After hearing those words, Roger's face turned red as if he had been humiliated. He replied, ”Of course, Mr. Li. The value of the jewelry in our store alone is worth more than tens of millions!”
Li Du hurriedly apologized. ”My apologies for saying something stupid. Shall we discuss the prices?”