Omniscient Investment Point - Chapter 219
Only Noblemtl
219. The Beginning of Jupjup – 2
(1)
High risk, High return.
It’s a phrase you’ll always encounter in the world of investment.
However, that doesn’t mean you can jump into a hot flame like a moth.
That was something an amateur would do.
The fire has already died down, leaving only embers of firewood.
But if you just stick it well, it looks like it will burn brightly.
Investing in just such companies will yield high returns.
Magnetic, a battlefield company on the verge of bankruptcy, was also very likely to be one of them.
After a default, a large amount of bad debts are generated, and it falls to what is commonly called a shit price.
But will the magnet actually disintegrate?
Absolutely not. Why? Because it is a battlefield company, and electric vehicles are the future industry of mankind.
I explained this to Kang Hyun-ji as I moved to Hinome Pharmaceutical.
“Oh, so you’re saying the Japanese government won’t bankrupt Magnetic?”
“That’s right. If we do it right, we’ll probably inject public funds to give it some life. In the meantime, we’ll probably find a buyer or investor for Magnetic.”
“Then, are you even thinking about taking over?”
“I need to meet with the current president tomorrow and discuss that.”
As it turns out, the battlefield company Magnetic is not a small company.
When I heard the story from Myeongjuwon, it was a place with a sales volume of a whopping 2 trillion yen.
This translates to 18 trillion won in Korean currency.
Even though it has been running at a loss for years, a company with sales of 18 trillion won can grow at a rapid pace once it starts turning an operating profit.
In other words, if only management could be normalized.
‘I wonder how many times I can get back the money I invested.’
However, because of its large size, it seems unlikely that even Hyun Ki-hyuk’s H2K partners will be able to move on their own.
We needed to hold hands with someone, and it seemed like we were the one chosen.
‘Then thank you.’
If they offer me a lot of money, why would I turn it down?
I immediately asked Myeongjuwon.
“What is the current financial situation of the Japanese branch?”
“I received about 1 billion yen in dividends from Hinome Pharmaceuticals.”
1 billion yen is 9 billion won.
It wasn’t a lot of money, but it was more than I expected.
“Huh? There’s more than I thought.”
“I think you can think of it as Hinome Pharmaceutical doing well. They have increased the market share of existing eye disease medications, and Cordyceps sinensis is selling like hotcakes. Above all, getting rid of all the high-income earners was a stroke of genius.”
“Ah, I guess so. Hahaha.”
As it turns out, there was a reason for that.
There are several factors that contribute to the increase in a company’s profits.
We could have increased our profits by selling more like we are doing now.
‘Did you clean up all the stagnant water then?’
Cost savings, especially lower labor costs, have resulted in significant profits.
“Then, the increase in profits is all thanks to CEO Myung.”
“No, that’s not true. The Utah CEO was very good at managing the business. Maybe it’s because he was young, but he personally ran around and opened up several general hospitals.”
“Yes, yes, I’ll say it’s thanks to those two. Hahaha.”
“ha ha ha.”
Soon our laughter filled the car.
For some reason, this laughter seemed like it would be the signal for the first step toward subduing Japan.
(2)
It’s been a while since I’ve seen Yuta Kimura,
‘also…….’
It erases ‘±20’ in my right eye.
And then we went to the left and created D-2,718.
‘Huh? It’s coming out right away.’
Again, ‘±40’ was engraved on the right eye.
It felt so good to see my life being extended so instantly.
Naturally, the words coming out of my mouth were bound to be mixed with a lot of dopamine.
“I heard the story. Thanks to Representative Utah, the company’s profits have increased significantly? Hahaha.”
“No, I didn’t do anything. Basically, the market trusted ophthalmic medicine, and we emphasized that more and increased the number of general hospitals.”
“That’s right. You couldn’t do that before, but now you’ve done that and made it a healthier company.”
Even though I said this, Utah continued to humbly say no.
I couldn’t help but laugh at the Japanese’s uniquely self-deprecating attitude.
The topic then changed to Kartip.
“I heard from CEO Myung that passing the 2nd phase a test will probably be faster?”
“Yes, that’s right. Actually, my friend helped me a lot.”
“If we’re friends… … .”
“He is a friend of mine at the Ministry of Health and Welfare, and he is in charge of clinical-related work.”
“Oh, I think I heard that story before. My mother had pancreatic cancer.”
“Yes, that’s right.”
I remembered his name too.
I heard that his name is Daichi Nakamura, and he is a clinical staff member with the position of director at the Ministry of Health and Welfare.
The original attitude was very conservative and there was a tendency to look down on Korean pharmaceutical and biotechnology…
“That friend’s mother is currently a clinical subject for Kartip.”
“is it so?”
“Yes, yes. So, although it is not a clear improvement, it has been confirmed that the cancer cells have stopped progressing. There has also been no metastasis.”
“That’s good.”
I gulped and let out a sigh of relief.
‘It’s the same phenomenon as me.’
As my progression slowed down, my tumor also began to shrink in size.
Even though the given environment was different from mine, I couldn’t help but feel a sense of kinship with it.
“While going through that process, there was no need for him to delay Phase 2a. In addition, the news that Dr. Carty’s NASDAQ listing was confirmed also had an impact.”
“That’s a relief. Hahaha.”
Ultimately, it means that several factors combined to cause the passage of Phase 2 a.
After this conversation, we stood up to tour the factory.
The disappointing part is that the ‘±40’ in my right eye didn’t blink…
‘Well, I’ll send a signal next time I come.’
I promised myself that I would visit often, if only to recharge my batteries in Japan.
(3)
News that offset the disappointment came the next morning.
“Sir, we just received a call from headquarters. The exploration robot has finally confirmed that there are quite a lot of oil reserves in the area adjacent to Block 7. Of course, it is only an estimate, but it is almost certain.”
“uh?”
Before going to meet Hyun Ki-hyeok, I heard some great news from Myung Joo-won.
The reason this was important was because it was an adjacent area.
During this time, the Japanese government never permitted Korea to independently explore the 7 mining blocks.
The one who was frustrated with this was Korea.
Because according to the old treaty, it was written that only joint exploration was possible.
“That’s good.”
“Yes, Japan did not participate in the exploration because it was not economically feasible, but it seems like it would be difficult to withdraw unconditionally due to the oil discovered in the neighboring area. Hahaha.”
Looking at Myeong Ju-won laughing heartily, I nodded too.
One person comes to mind at the same time.
‘I definitely have to see this, Kamiki Shota from Umi Industries.’
Among the people I saw in Japan last time, two were candidates who could extend my life.
One was Utah, and the day before I picked up a ‘±20’.
The remaining one was Kamiki, and he also showed me ‘±20’.
– My goal is to discover oil and gas with exploration robots.
This made the numbers in my right eye blink.
‘Coming to Japan for our honeymoon was a really good choice.’
Thinking about this, I quickly asked Hyun Ki-hyuk.
“Shall we change our schedule a little today?”
“yes?”
“I’m going to stop by Umi Industries now, as I’m supposed to meet the current president in the afternoon. I don’t need to tell you this news.”
“Ah, hahaha, yes, I know that, but good things are more enjoyable when shared, so… … , let’s go right away.”
So, I stopped by Umi Industry before meeting Hyun Ki-hyuk.
‘Oh, they extended it by 20 days again.’
After meeting Shota Kamiki, his life was extended by D-2,737 days.
In addition,
‘±40?’
This person also gave me a reason to come to Japan often.
‘I guess I’ll have to come back again soon to make that blink.’
Anyway, I have to meet Hyun Ki-hyuk and discuss the Japanese company acquisition.
To do that, I would have to visit Japan more often than I do now… … ,
‘I hope to meet more Jupjup in the future… … .’
So I prayed and prayed.
I really desperately need… … .
(4)
I finally met Hyun Ki-hyuk.
He greeted us with a bright smile and congratulated us in his own way, following his previous wedding.
“I was so jealous that I asked my wife if we should get married again.”
As always, this guy makes even heavy conversations light.
The news about the 7th district that followed was the same.
“But, Mr. Jang. I didn’t see it that way, but were you planning to make Korea an oil-producing country?”
“You didn’t see me like that?”
“I thought you were environmentally friendly. That’s why you invest here and there, and why you mentioned hydrogen reserves last time.”
“Of course I like the environment. But there’s no jumping on the way there, right? As we take steps forward, we also have to step on fossil fuels.”
“but…….”
But this gentleman’s mention of the environment and oil-producing countries wasn’t just because of the 7th mining district.
“In that sense, Japan is a bit late. No, it’s the fastest, but should I say it’s been going in one direction for too long?”
“That’s right. We’re just increasing the proportion of hybrids… … .”
China, Europe, Korea and the United States.
These were countries where the electric vehicle penetration rate was rapidly increasing.
However, among the major global automobile demand countries, Japan is the last to follow.
Some may think that this is possible, but it is surprising given that the birthplace of secondary batteries, which are the core of electric vehicles, is Japan.
From a Japanese perspective, expectations and disappointments intersected, especially in the electric vehicle components sector.
In a bad way.
“Magnetic also invested too much, knowing that Japan’s transition to electric vehicles would accelerate. As a result, they ended up with an overproduction of electrical components, which remained in inventory and had to be disposed of continuously.”
“So you were on the verge of bankruptcy.”
“Yes. Japanese automakers have been lukewarm about switching to electric vehicles, and with demand for electric vehicles slowing down worldwide, accumulated deficits have been holding them back.”
“But isn’t the transition to electric vehicles the trend of the times?”
“It’s a place we must go someday. Just as humanity is doing its best to conquer cancer, the energy transition is something that everyone must do to save our sick planet.”
“So, have you decided?”
Now there was no need to waste time, so I asked quickly.
Hyun Ki-hyuk nodded.
“There’s no reason not to do it. Electric vehicles are a future industry, and there’s no way that Magnetic, a major component manufacturer, would completely disintegrate. The Japanese government won’t let that happen either.”
“So, is it a takeover or an investment?”
“If you help me, I’ll try to take over.”
At those words, I smiled and nodded.
“Let’s do that.”