God-Given Investment Genius - God-Given Investment Genius chapter 26
26- What Shamans Do
#26. what a shaman does
Arriving at her home after a long absence, Seo-yeon ran to President Seong-cheol Jin as soon as he saw him and embraced him.
“hehehe, did our princess feel good today?”
“What is good… It’s nice to see you dad after a long time.”
It was Seoyeon who hadn’t been held in her arms since she was 15.
I felt that there was something wrong with my youngest daughter, who was already close to 30 years old, showing such gentle aegyo, but wouldn’t it be the father who knew it but did it?
“My daughter, is the film business having a hard time these days? Can Dad give me some money?”
“really? Oh no. Our filming is going well.”
It was Seoyeon who almost took the bait in an instant.
The money Chairman Jin Seong-cheol is giving away would not be worth one or two hundred million, but today there was something I wanted more than money.
“Oh, Seo Yeon-ah. How did you get to know that Kang Ji-hyeok friend? Are you close?”
“Mr. Jihyeok?”
“I have been of great help to the group with this matter, and I heard that he is a friend you introduced.”
“He’s in the movie business with me.”
“okay? You’re not giving me money or anything like that, are you?”
“Oh no, Dad. He has more money than me. And he used to have a lot of money, but this time he sold land in Ilseong and received 200 billion won?”
Chairman Jin Seong-cheol asked with a slightly surprised expression.
“200 billion?”
“Yes, 200 billion.”
“Huh… The old man is really good at it. 200 billion with only that much land. Against Ilseong, heh heh. You must be no ordinary man.”
“Yeah, that’s right. He is far from normal.”
In fact, a conglomerate group might be spending too much money, but even purchasing a ballpoint pen is reasonable enough to be decided after a thorough price investigation by the purchasing management team.
Among them, Ilseong, who is known for being thorough, did such an overspending?
Jin Seong-cheol had no choice but to re-evaluate Kang Ji-hyeok.
In addition, he is a guy with 200 billion won in cash.
No matter how rich the Korean conglomerates are, how many people have 200 billion won in cash?
I thought that Jin Seong-cheol’s make-up would be suitable as Seo-yeon’s partner if Ji-hyeok’s background was okay.
“Isn’t Seoyeon having a relationship other than you and her friend’s movie business?”
“Another relationship? Aren’t you flirting?”
“Heh heh, yes, it’s not like they’re talking about something these days.”
“He has a good-looking face, he’s smart, and his wealth seems to increase a lot in the future, and everything is good…”
“Is everything good? Does he have another woman? No, if Seoyeon is like you, it’s normal for Seoyeon to say no even if there are other girls…”
Even looking at it objectively, her daughter lacked in beauty, intelligence, and family background.
If being a little loose-hearted is a downside, it’s a downside, but isn’t a slightly sloppy appearance stimulating men’s instincts more?
“Dad can see it, right? But, the competition is too strong for me to try.”
Chairman Jin Seong-cheol said with a slightly displeased expression.
“Keuheum, let’s see if there are any women.”
“It’s not like that… but there is such a thing anyway, Dad.”
Thinking that Seoyeon’s words didn’t make sense, the moment she tried to ask more, Seoyeon’s two older brothers came in at the same time.
Chairman Jin Seong-cheol, who saw the two sons, said with a little anger.
“You two are called by your father, so why are you coming so late?”
Seojun and Seogyeong lined up their excuses in turn.
“sorry. The executive meeting got a bit long…”
“I’m also late to meet with some semiconductor executives, Father.”
“Things I can’t work on, I can’t keep up with work hours and work overtime. understand?”
“I will keep this in mind, Father.”
“Yes, father. It’s very late, let’s eat first.”
“Before that, both of you sit here.”
Seo-joon and Seo-gyeong, who had been pondering over what their father had called them all the way, sat down looking disapprovingly at Seo-yeon, who was right next to Chairman Seong-cheol Jin.
He was a younger brother who was thoroughly excluded from group management, but he could not let his guard down because he heard rumors that the youngest, who had been loved by his father since childhood, played a big role in the transaction with Ilsung.
“You know that Seo-kyung met semiconductor executives, but Seo-yeon did a pretty big job this time.”
“Yes, I heard you, Father.”
“I heard it too. I didn’t know Seoyeon had such a talent. hahahaha.”
“So this time, I’m going to give Seoyeon a small share of the holding company.”
Unlike Chairman Jin Seong-cheol, who spoke calmly, the reaction of the two sons was passionate.
“father?!”
“Dad, isn’t Seo-yeon the kind of person who will become a married woman once she gets married?!”
“Where did you learn the habit of cutting off your father’s horse?”
“But, Father. It’s still a precarious situation, but it’s not worth splitting the stake…”
“Right, Father. With the transition to a holding company, the control over affiliates is greatly diluted, but it is problematic to split the stake.”
Jin Seong-cheol, who had been silent while the two sons were talking, slowly opened his mouth.
“Did you talk? If you interrupt me one more time without rudeness, he will have to give up his current share.”
“…”
“…”
“Seoyeon is also my daughter. It’s only natural to give a prize if you’ve made a mark.”
Chairman Seong-Cheol Jin put down the documents on the table and said.
“Seoyeon, you sign there. The holding company’s stake is 0.3%. This time, Abby will take care of the gift tax, but next time you’ll have to prepare. I’ll take care of you up to 1%, so you know that.”
Seoyeon said with a slightly disappointed expression.
“Dad, my eldest brother already gave me 7%. Why am I 1%?”
“When you get married, I’ll bring cash and other things. Don’t be greedy any more.”
While Seo-jun and Seo-gyeong were sighing at the word “only 1%,” Chairman Jin Seong-cheol opened his mouth again.
“And Seogyeong.”
“Yes, Father.”
“I will have to delay going to the semiconductor president. Stop even contacting the executives and empower President Cha.”
“yes? Dad, what are you saying all of a sudden? The table is now set, but…”
“Did you set the table? A 30-year-old loyalist said he was going to do something big for the last time, but if you handed over my son to build up his achievements, do you think the executives would acknowledge you? Do more as the president of a construction company. and the eldest son.”
“Yes, Father.”
“No matter what anyone says, you are the successor to the group. It looks like your younger brother wants to take away at least a semiconductor, will you just wait and see? Just because the telecommunications company is doing well now doesn’t mean semiconductors are nothing?”
“Ah… no, Father.”
“If you are not greedy, I have no choice but to reconsider. Keep in mind, as you said, it may not work if you are a married woman, but the second son is a different story. Do you understand?”
Seo-joon, whose face turned red in an instant, answered with anger.
“I will keep that in mind.”
Chairman Jin Seong-cheol, who ignited the rivalry between his two sons, relaxed his hardened expression as if he had never done that before and spoke to Seo-yeon.
“Seo Yeon-ah, that’s what Abby gives to her with a big heart. Hurry up and sign it.”
Chairman Jin Seong-cheol has already clearly drawn the line.
Seo-yeon remembered Ji-hyeok’s advice and made up her mind once again.
“Dad, I have something to tell you.”
“Don’t ask for more shares. It’s not okay.”
“No, I don’t need a stake in that holding company. Instead, just give me two subsidiaries.”
Seojun and Seogyeong shouted at the same time.
“No, Father.”
“Seoyeon, are you crazy?”
“Brothers, I am not crazy. Dad, I’m not asking for a great affiliate. Yuwon Cosmetics, Yuwon DF, which the group intends to sell. Just give me these two.”
Chairman Jin Seong-cheol looked at Seo-yeon and asked.
“You know they are both losing business, right?”
“Sure, you know. If the U1 shopping mall doesn’t provide funding, it’s an affiliate that will fail anytime.”
“Knowingly, you asked for it instead of the holding company’s stake?”
“Instead, please take away all the rental money from U1 Shopping and hand it over with plenty of operating funds.”
“In terms of value, a 1% stake in the holding company would be much larger. Do you still want to have affiliates?”
“Yes, rather than being proud of having a 1% stake that I can’t even sell, I just want to grow my company well.”
Jin Seong-cheol showed a happy expression.
It was strange to think that the youngest daughter, who had been greedy since childhood and only whined every time, seemed to be the first to grow up.
Looking at the expressions of the two sons, it seemed that it didn’t matter if it was cosmetics or Dieppe.
“good night. Seoyeon will do as you wish.”
“really? Daddy, love…”
Chairman Jin Seong-cheol interrupted Seo-yeon.
“Don’t like it too much. I will not hand over all the stakes in the affiliates you said. In the first place, because of the loan, they said they would take an affiliate with little stake value, but there is no reason to stop it.”
Seoyeon twisted her body and said.
“Hey, Dad has to pay for the rental.”
“Do you want to see this father go to prison? If you treat all that much loan as a loss, you will be charged for negligence. Instead, I’ll add more operating funds. That would be a loan, but hehehe.”
“Ah… Dad, that’s not it. I asked for affiliates, not debts…”
“Instead, if you just take those two affiliates and get them back on track, I’ll add the U1 shopping mall as well.”
Seoyeon, Seojun, and Seogyeong siblings could not close their mouths.
U1 shopping mall, which is expected to reach a minimum of 5 trillion to a maximum of 10 trillion if the current market valuation goes through normalization of its subsidiaries and goes through to the final listing.
As Jihyeok said, I threw away my greed a little bit and got a bigger one.
***
[Cheongdam Station]
“Ha… that’s absurd.”
“Are you here?”
“Hey, what are you planning to do now?”
Director Cheol-gyu Choi, who visited the Cheongdam Station Center to meet Dong-soo, couldn’t hide his embarrassment when Ji-hyeok greeted him instead of Dong-soo.
“Aren’t you here to meet Dong Soo? He’s a guy who helps me with my work, so I just delegated the negotiations to me.”
“That’s not it, I’m just asking if that seat is yours right now.”
“Ah… that’s right. I am the director of Cheongdam Station Center. People call it Cheongdam Dosa.”
“Ha… I’m going crazy. So, are you saying you’re a shaman?”
“I’m a shaman, so don’t you believe the report?”
Choi Cheol-kyu was so stunned that he was speechless.
‘I’m sorry, Vice President. Kang Ji-hyeok’s owner is Shin-ryeong.’
Chief Cheol-gyu Choi, who had been reluctant to pay that much money to recruit Ji-hyeok in the first place, thought it might have been a good thing.
From noble mtl dot com.
‘I should have recognized it when I was contemplating something…’
Vice Chairman Lee Jae-seong’s order to buy even Ji-hyeok, if there is a jeonju behind him, has become a futile greed.
“Today, Mr. Dong-soo, let’s talk about the land. Do you have the amount you want again?”
“This time, instead of money, I want something else.”
“I have no reason to make a skewed deal with you now. Don’t be greedy for nothing.”
Jihyuk smiled and said.
“It will be a deal that Ilsung won’t lose too much.”
“So what do you want?”
“Ilsung Construction has a lot of land here and there. What I’m interested in is a 22,000-pyeong forest in Yongin. It is an area that is traded at around 100,000 won per pyeong, so there will be no problem with providing land.”
Although Choi Cheol-kyu knew the group’s circumstances like the palm of his hand, he could not remember the numerous lands owned by affiliates.
“Let’s talk on the phone for a while.”
“Have a good trip.”
After a while, Choi Cheol-gyu, who had finished talking on the phone with Ilsung Construction, returned with a strange expression.
“Is this really all it takes?”
Jihyuk smiled and said.
“Are you worried that land prices will go up because of development right now?”
“No, do as you say. Can you send me the contract through your lawyer tomorrow?”
“I see.”
Choi Cheol-kyu, who had reached an agreement, asked Ji-hyeok as he was about to get up.
“Why did you do this? With your insight, you could make a lot of money without doing this.”
Jihyeok smiled and said.
“It sounds like an overestimation, but it’s not wrong. If Ilseong hadn’t used Godeok Development to hit land prices, I wouldn’t have stepped forward. And I didn’t prepare this in the first place.”
Choi Cheol-kyu’s impression was frowned upon.
“You mean there is a background?”
“I will only say that it started more than ten years ago with the motherly love of a mother who was very sorry for her son who was left alone.”
“What is that…”
“That’s what being a shaman is like. Sometimes I do things like listening to the voice of ghosts and releasing them. Oh, sometimes I even release the wishes of the living.”
Jihyeok continued talking to Choi Chul-gyu, who seemed at a loss for words.
“Go and tell Vice Chairman Lee Jae-sung. My father told me to let him go.”