God-Given Investment Genius - God-Given Investment Genius chapter 24

24- Seonghan Paper Co., Ltd. (7)

#24. Sunghan Paper Co., Ltd. (7)

From noble mtl dot com.

Cheol-gyu Choi, who came out of the Yoo-won Harness Semiconductor building, was at a loss as to whether or not to believe what President Cha Moo-seok had just told him.

‘A person who only works at a paper mill wrote such a report?’

There was no way that President Cha Moo-seok would have lied when he asked for the report writer as a condition of the contract.

‘If that statement is true, it means that it was Seonghanjeji, not Yuwon, who made this board from the beginning…’

Come to think of it, there were a couple of strange things.

Even though President Cha Moo-seok is the confidant of Yuwon Group Chairman Jin Seong-cheol, it was difficult to say that he had the insight and distribution to carry out such a task.

The name Oh Jung-hwan was stamped on the phone of Chief Choi Cheol-gyu, who had been lost in thought for a long time, with a vibration.

Choi Cheol-kyu nervously pressed the call button and said.

“what?”

– Confirmation of changes in stockholders of Sunghan Paper has been completed.

“Recite it.”

– The shares of President Sung-Han Park and his daughter Ji-Soo Park, who previously had most of the shares, were reduced to 10%. And a private equity fund called ‘Vertical Movement’ was registered as the new major shareholder.

“Vertical movement? Is the representative there’s name Kang Ji-hyeok?”

– no. The representative is a person named Daniel Connor of American nationality.

“Are you sure? President Moo-Seok Cha said that someone named Kang Ji-hyeok took over the stake in Sunghan Paper?”

– I’m sure, chief. It must have been confirmed through the creditor bank.

“Look at this guy, he looked ahead to the tax issue and even hired a face madam.”

– yes? what did you say?”

“I wasn’t talking to you.”

– Ah… Yes, Chief. How… should I first meet a man named Daniel Connor?

“It’s not your place, so tie up all the land that Seonghan Paper owns and make a contract. Leave the amount blank.”

– Yes, chief. I’ll prepare it right away. Where can I bring it to you?

“Bring it to the front of the private equity fund building that says Vertical Movie. If we leave now… it will take about 40 minutes. Before that, send your address and phone number to this number.”

– Oh, I see.

***

At that time, vertical movement.

“Mr. Kang, Choi Cheol-gyu, head of the Future Strategic Planning Department at Ilsung Electronics, said he would visit here soon.”

Jihyuk said with a sullen face.

“It moves faster than I thought. I thought it would come tomorrow or the day after tomorrow. Let’s even have a meeting.”

Daniel couldn’t figure out the distribution of a person named Kang Ji-hyeok.

When Jihyeok first heard about this operation, Daniel thought it was crazy.

Moving Yoowon to feed the Ilsung Group with big taffy.

It was difficult for ordinary people to even plan for fear of repercussions.

And Choi Cheol-kyu, who is now coming with the Vertical Movement, is the Ilsung Group’s solver that everyone in the business world knows.

It was said that such a person would visit, but Ji-hyeok was not agitated at all.

Rather, let’s discuss where to invest the money from the sale of the land that Ilsung Electronics will receive…

‘Obviously crazy, or genius enough to look crazy, one of the two.’

Daniel’s thoughts were awakened by Jihyeok’s voice.

“Mr Connor, are you listening to me?”

“yes? Ah yes. I’m listening. Please continue.”

“I don’t know if the contract will be reached today, but as soon as the 200 billion won from the land sale comes in….”

“Wait a minute, Mr. Kang. Have you already agreed on the sale price?”

Jihyuk smiled and said.

“I haven’t met anyone from Ilsung Group yet.”

“Then how can I get the amount of 200 billion…”

“Because the amount I set is 200 billion.”

“yes?”

Daniel still couldn’t figure out how Jihyeok’s brain circuits worked.

“You don’t have to look that way. This is the amount set at the line that is not greedy as much as possible.”

“But how can you ask for five times in just a few weeks…”

“If you ask Ilsung Electronics ten times more, they will give it to you. Although 400 billion won is a lot of money, it is a small amount compared to the expected loss.”

Daniel asked, tilting his head.

“If what Mr. Kang said is true, do you really need to set it at 200 billion? The sale price could be raised through negotiations…”

“That would be possible. But, an old man I know well said that. Don’t get too greedy. When it comes to digging, timing is important.”

Daniel said with a slightly bitter expression.

“It’s an extremely Korean sentiment.”

“hahahaha, is that so? However, it was advice that I must keep in mind even from my point of view growing up in the United States. There is a similar passage in the Talmud. Don’t be greedy enough to touch the other person’s planting and worry about the future.”

Jihyeok kindly explained, but Daniel didn’t agree easily this time either.

“But wouldn’t it be the same for 200 billion won or 400 billion won to touch Il Sung’s heart? If that’s the case, I think it’s better to bring a lot of money…”

Jihyuk said with a subtle smile.

“You can earn more money elsewhere. Without touching the planting of one star. Anyway, if 200 billion comes in, move all of it to Vertical Movement, excluding corporate tax and the amount needed for debt repayment.”

“You mean everything? Taxes won’t be trivial.”

“Treat it for investment purposes, not dividends.”

“All right. Then, can I purchase Yuwon Harness Semiconductor with the funds?”

Jihyuk shook his head and said.

“Yoowon’s stock price will drop significantly for the time being.”

“Good news about acquiring a stake in a semiconductor material parts equipment company will be announced soon, but are you saying that the stock price will drop?”

Jihyuk said with a slightly disappointed face.

“Do you really think so?”

“Ah… Uncertainty.”

“you’re right. Increasing facility investment means greater uncertainty until tangible results emerge. We will invest in semiconductor equipment companies. The list will be sent as soon as it is delivered from Yuwon.”

Jihyeok, who finished his words, glanced at his watch before opening his mouth again.

“It’s about time for Chief Choi Cheol-gyu to arrive. Then I’ll rent a conference room.”

***

Choi Cheol-kyu, who first met Ji-hyeok, started with threats.

“Hey, do you think you can do business normally in Korea with such a trick?”

“It seems that Chief Choi Cheol-gyu came running too quickly for the threat to work.”

Cheol-gyu Choi relaxed his hardened expression and said with a smile.

“It seems like you’re not afraid… ask only one Did you really write the report you handed over to President Cha Moo-seok?”

Jihyuk said in a calm voice.

“That’s right.”

“Can you prove it?”

“doesn’t exist. But, do I really need to prove it?”

“If that’s really the report you wrote, I’ll take over the land owned by Sunghan Paper at a generous price. Instead, the condition is that you take the position of director of the Ilsung Economic Research Institute. Of course, you’ll have to get tested. For reference, the current research director earned 40 billion won through stock options last year.”

“Um… I think Ilseong is still less urgent.”

Choi Cheol-gyu frowned and said.

“This is not negotiable. If you don’t like it, we don’t have to make this deal. What can you do with the land if you take your hands off the amusement park anyway?”

When Jihyeok didn’t answer, Cheolkyu Choi made another suggestion.

“If you don’t like the institute, tell me which affiliate you want. I will be treated like an executive immediately after entering the company, and after three years of practical evaluation, I will recommend you as the CEO.”

In fact, it was not unexpected that Jihyeok would rate his report so highly at Ilsung Electronics or Yuwon Semiconductor.

Originally, even if something like this happened, I thought I would moderately refuse and focus on the deal, but after seeing Choi Cheol-gyu’s contemplation, I decided to tease him a little.

“Chief, I know how to look at contemplation. Would you like to listen to it?”

Choi Cheol-gyu’s impression was further frowned at the sudden talk of contemplation.

Either that or not, Jihyeok started talking about Choi Chulkyu’s contemplation.

“The manager has a really nice forehead. It’s not narrow and straight, and there are no wrinkles in the bow, so it’s the same as being born with the best fortune as an office worker. So, you may have become the second person in the Ilsung Group, the number 1 in the business world, but the road ahead is not so smooth thanks to the exhaustion of your fortune at an early age. Narrow philtrum and slim chin, so I don’t know if it looks good on the outside, but after middle age, it’s a prize that luck rapidly declines.”

“What are you going to do now?”

“Listen, this is an important point. Did you have surgery on the dimples on your cheeks? Alas, no need to answer. Natural or not, because of that, the official has been strongly heard. You’re still in your forties, so you’ve got some time left, but in a few years you could be caught up in a lawsuit and end up in prison. If any of the things you are currently pursuing are even slightly illegal, prepare a little more carefully.”

Choi Cheol-gyu’s face quickly turned red.

“Stop talking nonsense and tell me if there are any conditions you want.”

“great. Give me 1 trillion for the land. Then I will work at Ilsung for just five years.”

“One… one trillion? Are you talking sanely?”

“If it is difficult to work, please give me 200 billion won. Instead, I’ll pretend I didn’t hear the scout offer.”

Choi Cheol-gyu said with an angry face that he was so absurd.

“So you’re saying you’re going to sell the land for 200 billion?”

“You know the value of the land better, and I know the value of the land better than anyone else. In fact, even if you give me 1 trillion, it’s not really a loss, right?”

A drop of cold sweat ran down Choi Cheol-gyu’s back.

“What would you do if we said we couldn’t give you 200 billion until the end?”

“well. I’ve never thought of that… Do you have any money in mind in Ilseong?”

“We thought up to 100 billion.”

Jihyuk smiled and said.

“Then I will sell it for 100 billion won.”

Choi Cheol-gyu said with a furrowed brow.

“Stop the Scout offer instead, what is that?”

“I’m making a proposal. It’s the heart of the Ilsung group, so what would you do?”

“Right. Then, start with the land sale contract.”

Choi Cheol-gyu took out the contract that Oh Jeong-hwan had prepared and decided to write the word 100 billion won in the empty amount column.

At that time, Jihyeok also took out a document from his bag and said.

“Oh, I didn’t tell you this. If you buy my land for 100 billion won, you will never see this report.”

– Strategies to respond to the reorganization of the global semiconductor market and strategies to enter the foundry business.

“This, this…”

“Think of it as a sequel to the report you saw earlier.”

The moment when the wide-eyed Choi Cheol-kyu quickly snatched the report.

Jihyeok took a step ahead and put the report back in his bag.

“What are you doing?”

Jihyuk said with a soft smile.

“If you want to see the sequel, you have to pay for the ticket.”

***

Upon returning to the head office, Chief Choi Cheol-gyu had an unusually flushed expression on his face.

He was holding a briefcase that he didn’t normally carry around his chest with both hands as if it were a treasure.

Then, a member of the planning department, who found the appearance strange, approached Cheol-gyu Choi and asked cautiously.

“Chief, are you in any uncomfortable place?”

“No, you’re above the vice president, right?”

“Yes, chief.”

“Call the secretary’s office saying I’m leaving right now.”

“I understand, chief. But why are you carrying your bag when you go to the vice president’s office? Give it to me, and I’ll put it in your place.”

With those words, a staff member from the Planning Office put his hand into Choi Cheol-gyu’s bag.

“Don’t touch me!”

“yes? yes.”

“Since I will report and come back, all the business, sales, and marketing directors should gather. To the conference room by 30 minutes.”

***

After a while, Choi Cheol-kyu bent down to Ilsung Group Vice Chairman Lee Jae-seong and presented the report written by Ji-hyeok.

Vice Chairman Lee Jae-seong said to Choi Cheol-gyu.

“Chief Choi.”

“Yes, Vice President.”

“I heard it was a 100-billion-dollar report, so I thought it would be about a book, but it’s surprisingly simple.”

Vice Chairman Lee Jae-seong’s words revealed doubts about whether this report was really worth 100 billion won.

“Vice Chairman, all strategies for Ilsung Electronics to dominate the global semiconductor market in the future were contained in this five-page report.”

“Then, let’s read it. Whether our Chief Choi made a mistake or not.”

Maybe 5 minutes passed?

Vice Chairman Lee Jae-seong’s expression was also slowly changing to a shocked one.

From noble mtl dot com.

Then, he pursed his lips and glared at Choi Cheol-gyu.

This was the expression Vice Chairman Lee Jae-seong often made when he was angry.

“Chief Choi, I am very disappointed.”

“yes? However, this report is more than enough to be worth 100 billion won…”

“No, that’s not it. I heard you called 1 trillion won in 5 years. Shouldn’t you have brought it even with a trillion won?”