My American magical life
Chapter 946 - 946 77 A cost of 50 million is too low first make it 405 million

946: Chapter 77: A cost of 50 million is too low, first make it 405 million.

946: Chapter 77: A cost of 50 million is too low, first make it 405 million.

What’s more terrifying is that Cheng Daqi, this leader, has not stopped moving forward, and Li Haiping, as Cheng Daqi’s henchman, naturally has not ceased the expansion of power.

He is transforming from a new godfather into a true black leader.

Compared to women, Li Haiping cares more about whether he can advance better and faster to satisfy Cheng Daqi.

Li Haiping is already fifty years old; he cannot bear to slow down.

This is the most important and only opportunity of his life.

—————–

At the Crusoe Family, Cheng Daqi was having a meeting with Old Crusoe and Domo.

Once, Xu Belt set up an Evergrande newspaper within Evergrande, and in it, he was always meeting with provincial leaders and officials, making it look like he was some kind of leader himself.

But in terms of magnitude, if Cheng Daqi just tiptoes, he could start a ‘New Times’ too.

So, in the New Times, today’s meeting with the Crusoe father and son could be written as “Cheng Daqi, CEO, meets with the Chairman of Crusoe Real Estate Board, reaching consensus to deepen cooperation and expand investment further”—all the fuss.

However, in fact, they are indeed trying to reach a consensus.

“….finally, operating with an actual valuation of about one billion, strive to let the market value exceed two billion after listing, with some premium.”

Cheng Daqi has high expectations for the private prison project.

He and Gru, Niusen are bringing people into California in droves; he to disrupt America, Gru to expand power when public security worsens, Niusen for the immigrant vote.

Everyone has a bright future.

And now, Cheng Daqi’s small influence has discovered new profit points from West State’s debt resolution process.

Especially want to commend Li Haiping, who, by repairing prisons with moisture, almost equals free labor.

And when the prison is built, it can be operated as a compliant listed company, earning a large sum for Cheng Daqi.

Sometimes, Cheng Daqi even sighs that Li Haiping, who seems plain, is surprisingly smooth in doing evil deeds.

Truly, looks can be deceiving.

“Chan, my business personnel have calculated specifically, if you operate that piece of land well, it can be valued at least fifteen billion dollars.”

Old Crusoe held a black notebook, writing for Cheng Daqi, then handed it to him, pointing to the data on it.

“That piece of land is equally valued at two hundred million dollars in West State’s report.

This is certified by other third-party institutions, and of course, this refers to the situation including ground buildings.

Our redevelopment of old buildings, thanks to the use of certain slaves…

special workers for this reason, can save a significant portion of the cost.

After redeveloping and renovating, I can give it an overall valuation of three hundred million—a conservative estimate.

But if we slightly increase the investment, such as adding more valuable constructions on the renovation, then this valuation can still rise, like, seven to eight hundred million.”

Domo was a bit excited, he didn’t expect this project could enable his old father to easily reach the starting point of seven or eight billion, that’s the basic fixed asset investment, and if combined with private prison franchise operations and local government service purchase agreements, who could even imagine the value!

Looking at the data listed by old Crusoe, Cheng Daqi nodded repeatedly, knowing that old Crusoe genuinely wants to integrate into their collective, being very attentive to this private prison project.

“What about the cost?

If we build anew, the cost is much higher than renovation.”

Cheng Daqi, with one hand propping his chin, pondered while asking.

The cost for renovation is only a few million dollars, and the aim of renovation is to solidify the two hundred million valuation, thus very worthwhile.

But if according to old Crusoe’s plan, building some new constructions, thereby making the project’s fixed asset assessment higher, the cost would rise.

“About 120 million, if workers can continue, um, you know, if workers can still be used in that way, the cost can go as low as 50 million.

I guarantee with my years of credibility in the real estate industry, this cost, the same effect, no other real estate company could achieve for you.

Chan, I could even say, in the construction part alone, I’m not planning to make money at all.”

Old Crusoe was almost beating his chest.

Cheng Daqi’s small influence seemed shaky in the BEC’s investigation, but where the news doesn’t report, old Crusoe saw something else worth pondering.

Situation one, Temir, who disappeared for a long time, appeared at the Republican Party National Committee headquarters, accompanied by Wolf.

Situation two, Wolf previously gifted Cheng Daqi a private jet, which was also synchronized to Domo by Eris—so clinging together really works.

Situation three, after the second consideration in the Senate, California Senate summoned Lisa for a dedicated inquiry meeting on New Era’s nonprofit application, which, after inquiry, New Era’s nonprofit application passed with high votes.

Old Crusoe, what a character, he’s a typical crafty old hand, immediately sensed the flavor.

Great Commander to check BEC, said to give an account to the people being exploited?

Shaky?

An account perhaps there is, but saying it’s shaky is bullshit!

“Hahaha, Mr.

Crusoe, we are friends, how could we let you not make money, but I remember, the main earnings of Crusoe Real Estate rely on property appreciation and leasing, property services, etc.

If we increase investment on this land, the newly built structures must be for the future service of private prisons, such a special project, do you have relevant experience?”