Omniscient Investment Point - Chapter 244



Only Noblemtl

244. Stand Up Korea – 5

(1)

After a while, an article came out pointing out the overheated phenomenon of sole fashion.

『Although Sol Fashion has shown a sharp rise of about 470% since entering the stock market, securities companies are reluctant to objectively evaluate it. Naturally, they have also given up on stock price predictions. Only some experts are pointing out that Sol Fashion investment is close to gambling due to the extreme overheating phenomenon… (continued)… 』

Strangely enough, I find myself nodding along.

The arms bend inward, says the head of a private equity fund that invested in sole fashion.

‘No matter what, it’s too much foam.’

What is even more absurd is that stocks tied to the same industry and theme are also hitting their upper limits due to the sole fashion.

『Y Corporation, a brand that produces sportswear, is at its highest!』

『Mermaid Manufacturer BYS Rising!』

『Handsome, a high-end clothing specialty fashion company, the beginning of a gap rise!』

『Sneakers Specialist Hwaseong, Will It Hit a 52-Week High?』

Looking at this, it wasn’t so bad.

Domestic clothing and shoe manufacturers were typical undervalued stocks, but as they received attention from the market after a long time, funds were pouring in… … .

‘But it’s too much.’

I was starting to worry that there would definitely be side effects later on. It can’t be helped that my fashion and mine are being criticized.

‘I’m worried that there will be people who go bankrupt because they’re borrowing money for no reason.’

Maybe that’s why, when Hong-cheol Lim, a reporter for the Daehan Economic Daily, asked me to have a drink, I readily went out.

And as usual, I found a cheap store and made an appointment.

“Okay, today we’re having gopchang. Is that okay?”

“Of course I like it.”

“Thank goodness. Just in case, I told the reporters not to come.”

“Will that work?”

“He threatened me. He said that if I followed him, he wouldn’t give me any good news.”

“As expected, God Jang!”

“That’s too much to even say anymore. It’s too much, it’s burdensome.”

“Wow, our CEO Jang sometimes feels burdened. Hahaha.”

Lim Hong-cheol laughing heartily.

He too, around the time I was filling my stomach with grilled tripe, began to call the surge in sole fashion a bubble.

“Should we call this a luxury fashion craze? But it’s still too much of a bubble… … .”

“What I’m saying is, I don’t know how to handle this.”

“It’s a happy worry, but what is the CEO’s fault? The current government policy has given more momentum to the stock price increase. So the government should take responsibility.”

“Don’t joke.”

“I’m not kidding. At first, the government overly expressed its intention to support stock prices. As a result, people are investing in stocks. Moderation is good. Even if that’s not the case, I think we need to control the speed. Otherwise, a bubble will rise, and when it bursts… .”

Lim Hong-cheol looked left and right and shrugged his shoulders.

I have a lot to say, but I am conscious of the eyes and ears of those around me.

But since I gave up the lease on this store today, I blurt out the rest of my words with an awkward smile.

“I personally don’t like short selling, but isn’t that what we need at times like this?”

“It’s not a stock that can be short-sold.”

“Well, that’s true, but… … .”

“… … .”

“The government should step in.”

“no way…….”

“Isn’t it time to gradually expand short selling to all stocks?”

Is there anything more troubling than the word short selling?

To be honest, I also invested in short selling and inverse at first without knowing much, but later I realized that it wasn’t right.

Betting on the minus rather than the plus.

Personally, I don’t like it.

For some reason, I felt like I was stealing someone else’s hard-earned money, dreams, and hopes.

As if he had read my expression, Hong-cheol Lim quickly spoke.

“I hate short selling too. But only when it has the word ‘illegal’ in front of it.”

“You should also consider the fact that the financial authorities did not properly supervise and manage the situation.”

“Yes, it is too slow. By the time we figure it all out, the parties who have been happily short selling illegally and fraudulently will be paying a tiny fine. But for now, it is like a runaway horse.”

In a situation where I should like it, I hear such an objective evaluation.

It was evidence that the bubble in the soul fashion market was severe.

“No wonder the stock market is pointing out that Sol Fashion’s current stock price is overvalued. However, they are not suggesting investment opinions or target stock prices, saying that it is difficult to predict future movements.”

“hmm…….”

“They are afraid of individual investors. And of the god they have established as the God of the Market.”

“… … .”

“That’s why I keep saying this, the government needs to step in. Take the blame for the president and have the self-purification process take place so that the bubble of the Soul Fashion can burst.”

I still didn’t like it.

I’m not one to avoid criticism, and there was one thing that had been bothering me for a while now…

“Right now, I admit that there is a bubble. But I am confident that Sol Fashion will rise to the position where its evaluation is appropriate in the shortest possible time.”

“yes?”

“Let me show you this in a minute.”

I quickly handed him my smartphone.

This is to show him a report from the lab managed by Kwon Ji-young.

『Looking forward to the Sol Fashion that will ascend to the throne next year at this time… … 』

“omg…….”

Just looking at the title of the report, Lim Hong-cheol made a dumbfounded expression.

Sol Fashion, which debuted on KOSPI, had an IPO price of 325,000 won.

However, following the first day’s tattabl, it rose to the upper limit for two consecutive days.

It was close to 2.2 million won per week.

After that, it was the weekend, and today the consolidation ended.

“Of course, even if it is the Emperor’s stock listed there, it is definitely overvalued now. However, if it is the Emperor’s stock at this time next year, can’t we expect to see the current stock price the year after that?”

“Sir, operating profit is 100 billion won… … . The current market capitalization is over 30 trillion won. PER measurement is meaningless in this situation.”

“What if next year’s operating profit forecast is 1 trillion?”

“Huh? Really?”

“Yes, Representative Nam guaranteed it.”

“omg…….”

Lim Hong-cheol made a dumbfounded expression for the second time today.

That was because it was hard to believe that Sol Fashion’s operating profit would increase tenfold in just one year.

“Of course, it is Representative Nam’s goal, but you know what kind of person he is, right?”

“I know… … . You’re the kind of person who never lies.”

“Yes.”

“Wow… … . Ten times… … . Is that really possible?”

“I don’t know either.”

Honestly, I don’t know either.

“But one thing is certain. This time, we have secured more funds than expected, so the investment capacity is nearly infinite. So, the expansion speed is also nearly infinite, right?”

“Yes, haha… … .”

Although it is expressed as infinite, it means that you can invest that much and expand that much quickly.

“In addition, you should consider that Sol Fashion is a luxury brand. In addition, Sol Fashion is already expanding into China and Japan following Korea.”

“ah…….”

The country that consumes the most luxury goods in the world is China.

And the country that consumes the most luxury goods per capita in the world is Korea.

‘Japan can’t be ignored either.’

If you add up the sales of luxury goods in Korea, China, and Japan, it would probably amount to about one-third of the world’s total?

“First of all, we are checking the response to Sol Fashion in Japan and China.”

“Excuse me?”

“Yes, we entered Japan a few months ago, and China last month. Starting from the second quarter, you will see significant results in sales and profits there.”

“ah…….”

Today, we will check out Lim Hong-cheol’s elasticity in several versions.

But I still have more to hear.

“Now, let’s continue the conversation we had earlier. Let’s say we achieve 1 trillion won in operating profit next year. Then the PER would be 30, right?”

“Well, that would be so… … .”

“I can’t honestly say for sure after two years. I’ve never seen a company grow tenfold every year. But even if it only grows twofold… … .”

“PER 15 times… … .”

“That’s right. So, wouldn’t it be okay to just wait and see if it’s a bubble for 3 to 5 years?”

“nice…….”

I didn’t say it to convince you, but every word of it made perfect sense to me.

As a result, the stock price of sole fashion, which even I thought was excessively inflated, is gradually being accepted.

At this, I smiled broadly and asked a question.

“Where is the world’s best luxury group?”

“That’s ACML.”

“Yes, that’s right. ACML, represented by Accociel. Annual operating profit alone is 30 trillion won. So, the market capitalization recently exceeded 700 trillion won. Chairman Nam is targeting that exact place.”

“Wow… … . Operating profit of 30 trillion won and market capitalization of 700 trillion won. But in two years, operating profit of 2 trillion won and market capitalization of 30 trillion won. If that were to happen, wouldn’t that be too undervalued?”

“Of course. In a situation where we are already shouting out Stand Up Korea, shouldn’t a company like this be highly evaluated?”

“Of course. Even when Tesla was in the red, its market cap was over 500 trillion. Sol Passion is so undervalued. Hahaha.”

Lim Hong-chul is now completely gaslighted by me.

Maybe that’s why, when I saw the title in the Daehan Economic Daily a few days later, I couldn’t help but laugh.

『Soul Fashion, Korea’s representative sport that can follow the path of Tesla and ACML』

(2)

Of course, except for the Daehan Economic Daily, the bubble theory was brought up as soon as the stock price of Sol Fashion began to decline.

『Analyst, it is difficult to publish a report on the sole fashion… … .』

『Soul Fashion, There is no standard that can explain the current stock price』

Meanwhile, one report from our company’s lab caught everyone’s attention.

To summarize, the high growth in the first quarter compared to last year was much higher in the second quarter.

In particular, there is a high possibility that unexpected reactions will be experienced in Japan and China, and unimaginable numbers will appear on the financial statements.

So, Chairman Nam Seung-ryong’s target of 1 trillion won in operating profit next year is not an illusion.

“But I just can’t write down the target price.”

“Well, I guess there’s nothing I can do. The current stock price is higher than the target price… … .”

After submitting the report, Kwon Ji-young looks at me with a slightly fearful expression.

I spoke to her encouragingly.

“Still, you did a good job and were brave. Did you see the comments?”

“Yes, it was huge. That’s why I’m scared.”

In fact, the comments on the article citing her report were filled with cheers from individual investors.

Because she couldn’t have predicted this reaction, Kwon Ji-young even used the word “scary.”

“Don’t worry. Maybe it will turn out as you said.”

“Really?”

“Then, next year, Sol Fashion will definitely be able to achieve its 1 trillion goal.”

There was a reason for making such a confident statement.

I met CEO Nam Seung-ryong yesterday… … .

‘I saw ±120.’

I intend to stay by his side and help him, even if it means extending his life by one more year.

Jiyoung Kwon smiles faintly, perhaps relieved.

I laughed too.