45: Chapter 44 Business Genius, This Stock Is Not Worth Buying
Inside Fang Cheng's dorm, Lin Feng was checking the website's backend.
This slightly aloof science and engineering programmer stood beside Lin Feng, voluntarily yielding half a step of space.
It was just like in a company, where a subordinate waits for the boss to review their work.
"The traffic is quite high."
"Boss, you don't know, my QQ is about to explode every day."
"Who is looking for you?"
"Restaurant owners outside the delivery service range are all complaining about why the delivery service can't be extended to them."
"Then how did you answer?"
"Boss, I'm good at programming, but I'm not a professional at customer service. I just told them directly, it's too far and the costs are too high."
"That's fair."
"That may be true, but it is indeed a problem. The catering market is so big; we can't just give up on restaurants five kilometers away, right?"
"That's why I came this time, to add an errand-running section to the website."
"Errand-running?"
Even as a top science student with off-the-charts logical thinking, Fang Cheng didn't understand what this term, which would only appear in daily life over a decade later, meant.
"Let me briefly explain the meaning of 'errand-running' to you."
Lin Feng organized his thoughts and explained his idea to Fang Cheng, who listened with a look of shock.
"Hey, what's wrong with you?"
"Nothing. How did you come up with this solution?"
"Just thought about it casually, and it came to me."
"Tsk tsk tsk, I watch the news, and those economists and business moguls don't look favorably upon delivery services. Why do I feel like they lack vision?"
"They have their own perspectives. They are all chairmen of multi-billion dollar groups; would they even look at my little things?"
...
Fang Cheng was quite speechless, always feeling like Lin Feng was hiding his true talent.
In his mind, the food delivery platform industry was very novel; an ordinary person wouldn't be able to come up with it at all.
And the future was very bright. Take him, a programmer, for example; he was usually very busy and very lazy.
Sitting in front of a computer all day, the best thing would be for someone to prepare food and place it in front of him.
"Boss, your request isn't difficult. I can add an errand-running section very quickly, but we still need to act as a third-party guarantee platform, which requires trust."
"It's fine. Trust is something that must be accumulated, along with usage habits."
"Once these customers who like ordering takeout can't do without us, they will naturally trust us."
Lin Feng took out a notebook containing the errand-running rules he had organized.
Fang Cheng took a look, and his heart was somewhat shocked.
Inside were payment rules and the role the company would play.
The responsibilities and costs that both buyers and sellers would need to bear in the event of a dispute after a transaction were clear at a glance.
In summary, Fengda Delivery was just a guarantee platform, responsible for acting as a referee.
If a dispute arose between a buyer and a rider, the platform would make a ruling and hold the highest authority.
This rule was similar to the trading model of Taobao, but Fang Cheng never expected it to be used for this.
He looked deeply at Lin Feng. If following Lin Feng before was because he felt he had some cleverness and could make some pocket money by following him...
…then now, the thoughts in his heart had changed unconsciously.
Lin Feng was a business genius from the Literature Department; his ideas were absolutely more than 10 years ahead of their time.
"Boss, I understand. Leave this matter to me; I can get it done in 3 days."
"Mm, thank you for your hard work with customer service. Once we are on the right track, I will hire someone specifically to take over this position."
It was already dark when Lin Feng left Fang Cheng's dorm.
Just as he walked out of the dormitory building, a familiar figure walked toward him.
"You brat, how long has it been since you contacted me?"
"Teacher Tian, this is school; let's go to my place."
"You ride your little scooter around with two beauties, showing off, and now you've started a company for food delivery. Is it that you don't think much of this old woman anymore?"
"Hehe, how could that be? As the saying goes, 'When young, one doesn't appreciate mature women, mistaking young girls for treasures.' How could I make such a mistake?"
"You've got a whole set of fancy words; are you taking the postgraduate entrance exam?"
Internet slang from over a decade later had actually been used by Tian Xue.
"Teacher Tian, you came to find me; there must be something going on, right?"
"It's about stocks. I discovered a stock that has a lot of potential and I feel it will soar."
"Then go all in."
"You have 420,000 here with me; should I invest it all?"
Lin Feng was shocked. It had only been a week, and 300,000 had turned into 420,000. This wasn't a bull market; wasn't Tian Xue being a bit too amazing?
"Teacher Tian, is there an expert behind the scenes guiding you?"
"I found an investment consultant."
Lin Feng suddenly realized. This kind of company started appearing on a large scale in this era, and they were a mixed bag.
Some indeed had some ability, but most just took money and tried their luck, with clients bearing the risk themselves.
Tian Xue had been winning money during this time, so it seemed this company had some strength.
"Investment consultant... What stock did they recommend to you this time that made you go to such lengths to prepare a heavy position?"
"There is a stock called Huaxia Ocean Shipping. The momentum is very strong, and it's viewed favorably in the long term. The consultant at the company suggested a heavy position."
"Teacher Tian, if they are really that accurate, why don't they sell their houses and go all in?"
"This... perhaps they want to serve the public."
"Teacher Tian, are you okay?"
"Hey, watch your image; we are at school."
Seeing Lin Feng reach out to touch her forehead, Tian Xue was startled and quickly took a few steps back.
"Teacher Tian, there are times when you are afraid too. In a while..."
[Huaxia Ocean Shipping looks like a strong stock on the surface, but global shipping supply exceeds demand, freight rates are collapsing, annual losses exceed 10 billion, the 2007-2008 high was about 68 yuan/share, and it will continue to plummet in 2010-2011, dropping to a low of about 8 yuan/share.]
Lin Feng looked at the information that popped up with a calm expression; he was already used to it.
"Teacher Tian, this stock cannot be bought. Sell it immediately and close the position."
"But I've already lost a few thousand."
"Listen to me, you won't go wrong. Currently, global shipping looks like it's booming, but supply exceeds demand; freight rates will collapse sooner or later."
"Actually, you can look at 2007-2008. The highest price for this stock was about 68 yuan per share. Now? It's only over 30; the momentum is wrong."
"Also, you can check if the current shipping industry is on a downward slope. That consultant of yours is an idiot, just scamming you for service fees."
Tian Xue noticed that Lin Feng's expression was very serious, not at all like he was joking, and she finally realized the seriousness of the situation.
She had always thought Lin Feng was just lucky and gave conclusions based on his feelings.
Now she discovered that he was very professional and knew much more than she did.
"Let's go, go to my place. I'll close the position tomorrow."
Lin Feng nodded, and the two left the school and headed straight for Tian Xue's home.
Jinsheng Investment Consulting Company, second-floor office.
Wang Zhong was watching international news with calm eyes, looking like he had everything under control.
"Old Wang, that client of yours has earned quite a bit recently, right?"
"Mm, I recently recommended a shipping stock to her. If she goes all in on this, and if it makes money, I'll have her join the VIP group, and I'll manage her portfolio."
"Old Wang, you're really something. The stocks you recommend are quite accurate."
"Just good luck. If I could get this university teacher to use leverage to trade stocks, I could earn even more."
A flash of greed crossed Wang Zhong's eyes.