God of Corporate Hunting - Chapter 285



Only Noblemtl
Read Novel Noblemtl

◈ Episode 285: New Battlefield (1)

At that time, Shin Cheol-ho was out of his mind due to the civil war in Bukseong Life.

As Hyunjae Seop and Hyunjae Eun entered into a public opinion war, Shin Cheol-ho analyzed the situation and presented a report that Hyunjae Eun needed.

I occasionally checked the stock price of Bukseong Life Insurance and explored trends in public opinion on the stock bulletin board.

The bulletin board was half filled with posts criticizing Hyunjae Seop and Hyunjae Eun.

Hyun-Seop Hyeon was criticized for not managing stock prices on a regular basis and only seeking shareholder support when it was urgent.

On the other hand, the current government is criticized as being greedy and the main culprit who brought in foreign powers.

Most ordinary investors were of the opinion that it didn’t matter as long as the stock price rose. There was a flood of inquiries about when to sell stocks that had made a profit or whether it was okay to invest now, and self-proclaimed stock gurus appeared in droves.

“Sarah, Sarah! This is a once in a few years opportunity!”

“My love, Bukseong Life! I’m a Fire Tribe reservation!”

“Then life becomes a fire.”

Shin Cheol-ho, who had been working hard, answered the phone nervously when it rang.

“who?”

Suddenly I heard fluent English. What is this? Are they teasing me for being good at English?

“You don’t know Korean?”

[Catherine.]

“Are you stupid, Catherine?”

[Catherine Pinklin! You called me from America last time, right?]

Only then did Shin Cheol-ho answer the phone in English.

“Ah! Pop it! Pop it!”

There was a brief silence on the other side at his blunt response.

After a long time the voice was heard again.

[I came to Korea because of Bukseong Life Insurance. You said you were an expert, right? I’m also curious about Mega Asset Management’s approach.]

“Huh? I’m not interested in girls who are Photoshopped.”

[I’m not that ugly, am I?]

“You’re going all the way to Korea to prove that?”

[It’s not for that reason, but since I came anyway, let’s meet up.]

“I’m busy right now.”

Stop!

Shin Cheol-ho hung up the phone.

Even though he was already busy with Bukseong Life, a strange woman was bothering him.

However, he did not know how much Catherine was embarrassed by this behavior and how much she hated Mega Asset Management. Furthermore, it made her even more determined to short sell.

Shin Cheol-ho witnessed the stock price of Bukseong Life Insurance falling. However, a buying volume came in from somewhere and immediately raised the stock price.

“That’s amazing.”

While he was unable to contain his admiration for the stock fight, Yoon Se-bin came in.

“Where did Mr. Destiny go?”

“This is the CEO’s office. Oh! CEO Yoon, do you know about the Wonder Fund?”

Shin Chul-ho recalled that Catherine was a fund manager at Wonder Fund.

“Wonder Fund? Oh! That’s an American hedge fund? It’s a pretty big fund with good performance. Why?”

“The person in charge there wants to see me…….”

Shin Chul-ho showed Catherine the photo he had sent to his cell phone.

“Oh! I know this woman. Catherine Pinklin!”

“Huh? You’re a famous woman?”

“Rather than being famous…….”

Yoon Se-bin mumbled the end of his sentence.

“I declined your invitation to meet me…….”

“Yes? Does Mr. Cheol-ho sometimes refuse to meet with women?”

“Because I’m ugly… Ah! That’s not it. It’s because I’m single-mindedly devoted to Representative Yoon.”

Yoon Se-bin sighed and laughed.

“Catherine, she’s pretty.”

“Huh? Photoshop…….”

“It’s a real face. But why that woman?”

“I said I was in charge of Bukseong Life Insurance…….”

Shin Cheol-ho revealed the circumstances that had arisen.

Yoon Se-bin’s complexion changed.

She quickly ran to Park Won-tae’s office where Nam Woon-myeong was.

Shin Cheol-ho tilted his head and muttered after seeing that sight.

“Why are you like that? But is that what you call a beauty? No, it’s because men’s eyes and women’s eyes look different.”

Shin Cheol-ho looked at his phone. If we were meant to meet, he would contact me again.

* * *

Nam Yun-myeong felt like he was solving a riddle puzzle.

“I think that force is the Wonder Fund.”

“It’s not an unfounded guess, since they’re a hedge fund, but why are they suddenly interested in Bukseong Life?”

Nam Woon-myung, who heard Shin Cheol-ho’s story, immediately realized its importance.

Still, Yoon Se-bin and Park Won-tae looked like they didn’t understand English.

“We are not buying Bukseong Life, are we? We have been speculating that Chairman Hyun-Seop and KR Investment Group will buy it, but KR has denied it. Hyun-Seop alone is too big to raise Bukseong Life. We need a force that will accept it and raise it together…….”

“That’s the Wonder Fund?”

“That’s probably true. I think he recently joined the war.”

Yoon Se-bin tilted his head.

“There probably isn’t much to eat at Bukseong Life. The prices are too high right now.”

“The Wonder Fund will catch up.”

“Huh? Short selling, no way?”

“Ding dong daeng!”

This means that up until now, the stock price has been raised by buying and selling to secure selling volume.

Nam Yun-myeong explained the overall flow again.

All four forces are intertwined, and each has a different goal. Who will be the final winner?

“The more complicated things become, the faster the group will disband…….”

Nam Yun-myeong viewed the development of the situation positively.

“Shall we proceed with the original plan?”

“That’s right. It’s actually easier to deal with Bukseong Life Insurance. It seems like other affiliates will confront KR Investment Group head-on. We just pretend to sympathize with them through the media.”

* * * * * * * * * * * * * *
* * Baca Novel Korean * *
* * * Noblemtl dot com * * *
* * * * * * * * * * * * * *

The operation was set.

* * *

Hyun Jae-seop encouraged Hyun Chang-min to purchase additional stocks of Bukseong Life Insurance.

The price went up a lot, but I didn’t care. If I were to get hold of Bukseong Life Insurance, I could easily pay that much to control the group.

After Bukseong Life, only Bukseong Pharmaceutical and Bukseong Bio remain, which are isolated and helpless. Since Bukseong Life has quite a few Bukseong Bio shares, you can get them back with a second attack.

Anyway, Bukseong Pharmaceutical and Bukseong Bio, which have separated from the group, will not be able to last long.

Hyunseop Hyeon called the heads of friendly groups.

“Chairman Ahn, what happened?”

[Don’t worry. I’ve informed the financial institutions within the group. All affiliates that can be mobilized, such as securities companies and savings banks, have purchased Bukseong Life Insurance stocks. They’ve made a lot of profit so far. But how long should I keep buying?]

“It’s still a long way to go. It’ll go up a lot more.”

[If you estimate it based on the net profit of Bukseong Life, isn’t it still incredibly overvalued?]

“The ants are supporting you. If you keep climbing, they will follow you regardless of the direction.”

[I see. I understand. I only trust you.]

Hyunseop Hyeon continued to call other groups.

I also checked with Everly. I heard that KR Investment Group is also continuing to buy.

“Should we start calling for a shareholders’ meeting now?”

When I calculated it, he had a much larger stake. Hyun Chang-min clearly had the upper hand as he stuck with him.

Currently, the side, or rather, Mega Asset Management, has judged that it has reached its limit. Even if it had bought more, it would not last more than a few weeks because it is so expensive. It was a surefire strategy.

After confirming the unity of the friendly forces, Hyun-Seop Hyeon called in Chief Kim Hak-Yong and re-examined the stocks held by the affiliates under his command in Bukseong Life Insurance.

The results were clear.

“Request a board meeting.”

You can never lose in the North Star Civil War.

* * *

To my surprise, I heard from Catherine again.

Shin Cheol-ho believed Yoon Se-bin’s words and made a promise.

Even though he was busy with Bukseong Life, Nam Woon-myung actively pushed for it.

He was not the type of person who would naturally turn down a meeting with a beautiful woman.

Catherine, whom I saw in person, was indeed a beauty.

Although not as much as Judy, she was a woman everyone would look back on at least once.

A satisfied Shin Cheol-ho had dinner together and then had a drink at the hotel bar.

“Well, I’m originally indifferent to women. That’s why I declined your offer to meet me last time.”

Catherine smiled with an expression that said, “It’s okay.”

“Of course you are busy. So how is Bukseong Life going these days?”

Shin Chul-ho explained the conflict between the owner’s family, including Hyun Jae-seop and Hyun Jae-eun. It was interesting because it was a complex story that was not included in the securities company report.

“So, what does Mega think is the fair price?”

“Us? We bought quite a bit in the beginning, but now we are holding back on chasing purchases. It’s too expensive, isn’t it? We’ll buy it if it drops a little.”

“It’s going to fall.”

“It’s tough. Regular investors are flocking to it like moths to a flame.”

Shin Cheol-ho added an explanation to Catherine, who had an uneasy expression on her face.

“There are meme stocks in the US, right? You know, the stocks that institutions shorted and then crashed? Was it GameStop? If you look at the popularity of Bukseong Life Insurance these days, it’s no different. It’s rare for a conglomerate stock to be ignited by a dispute between the owner’s family. If it falls, ordinary people will buy more.”

“But if the materials are lost…….”

“It can’t be destroyed. Unless you give up the group. If you want to maintain control, you can’t sell stocks. The stocks of Bukseong Construction were similar last time. Both sides are still holding on to them, so they haven’t fallen much since then. On the contrary, Bukseong Construction is slowly rising due to the recent Bukseong Life Insurance incident.”

Unlike Shin Cheol-ho, who was explaining excitedly, Catherine’s complexion gradually darkened.

“There are similar stocks in Korea. It’s a case where institutions shorted and completely lost money… What was it? It was a stock related to secondary batteries….”

Catherine’s hands trembled as she held the glass.

“Huh? You don’t like whiskey? How about something else?”

“Oh, no.”

Catherine asked additional questions as she emptied her glass.

Shin Cheol-ho was so excited that he told all sorts of stories. He mainly talked about gossip in the stock market and the bad relationship between the owner family of Bukseong and Mega Asset Management.

“What about Korea Asset Management?”

“Ah! Chairman Bukseong is gnashing his teeth. He and Bukseong are now completely at odds. In the meantime, Bukseong’s second son has been in talks to marry Yoon, the CEO of Goryeo Asset Management…….”

“Marriage proposal?”

“That’s broken and they’re blushing. Honestly, Hyun Chang-min, that bastard, isn’t qualified. Representative Yoon is the woman who even Ashur proposed to…….”

“Ashur!”

“Ashur may be behind this Bukseong Life incident.”

Catherine, growing increasingly anxious, asked again.

“How many shares of Bukseong Life Insurance are in circulation?”

“Excluding the amount locked up by the owner’s family and the National Pension Service, it is usually a little over 50%.”

“Phew, that’s a relief.”

“But now there’s a management dispute, right? Ordinary investors are holding on to it, saying it’s a jackpot. And Korea Asset Management and Mega Asset Management will never sell it. Then it’s obvious. Can’t you see the stock price movement these days? Since the number of shares in circulation has decreased, it’s easy to go up, right? Just like small-cap stocks.”

In fact, Bukseong Life Insurance’s recent movements were reminiscent of a small-scale operation.

“So what about the distribution volume?”

“About 10%? That’s because I’ve seen it carefully. The locked up quantity is huge. Basically, the two major powers each hold 35%, and on top of that…….”

As Shin Cheol-ho’s explanation became more and more specific, Catherine’s face turned ashen.

“Why is that? It’s a good thing for the buyer. By any chance… did you short sell it?”

“yes?”

“If you short sell that, you could end up in trouble…….”

“Ugh.”

“To commemorate our meeting today, I’ll tell you some important information. It’s tomorrow, right? Tomorrow morning, the Hyunjae-eun side will hold a press conference to protect Bukseong Life Insurance. They’re calling for a desperate fight. This is the response from Hyunjae-seop’s side to their request to hold a board meeting.”

“Eww!”

“It’ll be worth seeing tomorrow. There’ll be a pillar of fire…….”

Catherine’s face turned pale and she even spit out the alcohol she was drinking.

Shin Cheol-ho, startled, quickly approached her and patted her on the back.

“Are you feeling unwell? Should I move you to your room?”

“Ugh.”

“I’ll look into it. There’s a lot of information I haven’t told you yet…….”

Catherine held Shin Cheol-ho’s hand and trembled.

Shin Cheol-ho didn’t know that the more information he revealed, the more distressed she became.

He barely managed to lift her up.

I don’t think I’ll be able to leave this woman’s hotel room today.

Read Novel Noblemtl
Read Novel Noblemtl