Chapter 214: Chapter 214: Making a company

Chapter 214: Making a company

 

'What in the world? Did the young master just gain a 7 million profit?' Never did Elder Wu expect those small companies would make such a big splash in profit. But that wasn't just all. That company was the one that made the lowest profit.

 

Lu Chen had sold off stocks of other companies as well. From what Elder Wu could see, there was one where Lu Chen made 8 and 9 times the profit. The other's he couldn't see, but the highest amount Elder Wu saw was a company giving 12 times the amount of profit!

 

Elder Wu couldn't make out how these companies would make such a profit. But what he could be sure of is Lu Chen is now a millionaire. Lu Chen had only used a few million yuan and got in return tens of millions of yuan. The amount of profit alone is spectacular. 

 

'So the young master is not only a fighting genius, but he's also a great analyst.' 

 

'Should I tell him?' If Lu Chen's grandfather finds out about his sudden gain in wealth, the grin on the old man's face would be out of this world. He might even have a heart attack from happiness.

 

Not realizing what Elder Wu was thinking, Lu Chen is too focused on buying the stocks he needs. 

 

The stocks he sold off were the ones that would go down after a few days. Yes, Lu Chen knows he could wait a little bit longer to sell them to gain a bit more profit. 

 

However, it was better to sell it now than later. Lu Chen knows only an estimate of when the stocks will go up and then go down. Lu Chen would just stick with the profit he has now rather than lose it.

 

After selling all of those stocks, Lu Chen invested more of his money into more. Specifically the ones that haven't increased as much. Those would increase later and would make a much larger profit than the ones right now. 

 

"This should be a good enough amount for me to start it now." The amount of money he has left is around 30 million yuan. 

 

"Young master, why do you need so much money? And to start what?" Lu Chen said his thoughts out loud, making Elder Wu curious. The amount of money is enough for Lu Chen to buy whatever his mind desires. 

 

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'Oh, yeah. I should tell Elder Wu about it.' Lu Chen explains, "Elder Wu, I'm going to use all the money I got to make a company." That was the end goal Lu Chen wanted to accomplish.

 

'A company?' Elder Wu became more confused. Why would a second-generation rich kid like Lu Chen need a company when his family runs such a wealthy company?

 

From the expression on Elder Wu's face, Lu Chen explains, "I want a company, so I don't need to rely on Lao Ba and Lao Ma." Even though Zhang Wenling and Lu Xiaotong told him that he doesn't need to worry about anything involving the Lu family, he just can't.

 

And being independent right now will help him in the long run too.

 

"Elder Wu, can you give me a list of companies that are about to go bankrupt or need somebody as their shareholder?" Building a company from scratch would take too much time. Lu Chen would need to create a proper infrastructure and hire new people. All of that would require a lot more money than he has right now. 

 

Rather than that, taking over a company was much better. Even though the infrastructure would be garbage, there is one. Lu Chen could just improve on it.

 

And all he needs to do is buy out the majority of shares in the company, and nobody would be able to talk down to him.

 

"I will get it done, young master." Finding broken companies around the city would only take a matter of days.

 

"Thank you." Lu Chen went back to searching up more stocks and other things he needed for the company.

 

As Lu Chen continues to search things up on the internet, Feng Meifeng came back. In her hands was lunch for the two of them. She did bring lunch for the three one time, but Elder Wu refused. 

 

Feng Meifeng didn't say anything to Lu Chen as she placed the food on the table. Turning to Elder Wu, she nods her head.

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