Omniscient Investment Point - Chapter 252



Only Noblemtl

252. Things I knew but couldn’t do – 1

(1)

Forte Bio has hit its upper limit again.

So the market cap went from 10 trillion won to 13 trillion won, and no one said anything about it.

“These days, the stock market is more volatile than Bitcoin.”

“That’s right.”

I nodded to what Jong-Hyeon Ahn, the head of the virtual currency team at JTS, said when he came into the CEO’s office to report the next day.

Of course, Bitcoin has doubled in value over the past year, so his expression has also blossomed.

I smiled and asked him too.

“By the way, our country should also be able to trade Bitcoin ETFs soon.”

“There is some talk in the political world, but as always, it disappears after the election is over.”

“I know.”

“So these days, I’ve sold about half of my Bitcoin and put it into Ethereum.”

“aha.”

Bitcoin soared after the launch of a spot ETF in the US, and was at an all-time high as the halving approached.

Some say it will cost twice as much as the current price, while the most optimistic of them say it will cost ten times as much.

Jong-Hyeon Ahn is also an optimist.

“Personally, I think Bitcoin will go up several times its current price.”

“Is that so? Isn’t it a bit of a bubble? It even surpassed the world’s silver market cap?”

“Coins should be viewed individually, and never invested in compared to other assets.”

“but·······.”

“My friend always hesitated. When it was 10 million won, when it was 20 million won, when it was 50 million won, and when it went up to 100 million won.”

“Should I have said it more strongly?”

“Hey, how can you do that? I’m not going to take responsibility for the loss, and that guy has a habit of always investing in stocks or coins that I recommend. Even if I tell him to invest only the price of a cigarette every day, he doesn’t listen to me.”

“I see.”

I have one or two people like that around me.

I couldn’t say anything.

Because they also had their own investment philosophy and beliefs.

“Anyway, I predict that Bitcoin will continue to rise, but there will definitely be corrections.”

“I guess so.”

“Therefore, we look forward to the ETF listing of the next coin.”

“Is that Ethereum?”

“Yes, it’s almost 100% certain that Ethereum will be the next one.”

“Should I trust Team Leader Ahn again?”

“Mr. Representative, please start investing today.”

“Well, maybe so?”

“Oh, just the cost of cigarettes. Excessive investment is detrimental to your mental health.”

“Okay. Hahaha.”

I’ve also invested in coins.

But when it went up too quickly in the beginning, I just sold it.

No matter how you looked at it at the time, there was just too much foam.

‘I should have just held on to it then. If I had, the returns would have been no joke.’

I guess I’m becoming a slob too.

I chuckled to myself.

But, to avoid being fooled next time, I invested in Bitcoin and Ethereum right away.

‘5,000 won is a bit much, but starting today, I should just spend 100,000 won a day.’

(2)

That afternoon, Lee Tae-soo, the CEO of JTS Securities, came to visit.

“Thanks to the CEO’s trust, the STO team wants to explain the new business.”

“Hey, what are you talking about? I just believed in the prospects of token securities.”

Actually, I believed in the prospects of STO token securities more than people.

This is because token securities entered the market after receiving official certification from the Financial Services Commission.

“But what if it’s a business presentation?”

“We are thinking of issuing it directly through JTS Securities.”

“ah·······.”

Token securities, in a nutshell, refer to stocks that are sold by dividing a large stock into smaller pieces.

In fact, the concept of coins was introduced to securities.

Because of this, even the Emperor’s liquor worth over 1 million won could be purchased in 1,000 or 10,000 won amounts per day.

Of course, such split trading, or token securities trading, was taking place not only at us but also at other securities firms.

But, what about our STO team explaining the new business?

“I’m looking forward to it. I really have to go. When will it be?”

“It’s this weekend. It’s Saturday.”

“Well, are you coming out and working on the weekend?”

“Because I thought the faster the better·········.”

“Okay, see you this weekend.”

How can I get some rest when the staff in the field team are telling me to return by the weekend and explain the business?

I had no choice but to go over the weekend and listen to the business presentation.

However, I didn’t go and hear it alone.

“I’m not forcing you, but token securities are related to the blockchain technology of coins. How about you, do you want to come with me?”

“If your superior says something like that, you can’t help but feel pressured.”

“Is that so? Hahaha. Okay. Then, I’ll change the subject. I’ll force you. Give me one day off on the weekend. I’ll give you an allowance instead.”

“Okay, that’s enough.”

It was accompanied by Ahn Jong-hyun.

However, he smiled bitterly at the allowance I mentioned.

Perhaps it means that the performance-based pay is so huge that they don’t want a meager allowance.

Of course, the words were different.

“I also need to learn what I can. If it helps, I can give you my opinion.”

“Okay. Thank you.”

So, we headed to JTS Securities over the weekend.

“I will explain it myself.”

It was CEO Lee Tae-soo, not the team leader, who personally came forward and talked about entering the new STO business.

But after hearing everything, both Jonghyun Ahn and I couldn’t help but tilt our heads.

“Eco-friendly business·········?”

“Would this be a business viable option?”

“Of course.”

From what I’ve heard, it seems like they’re issuing token securities to invest in eco-friendly businesses.

Personally, I thought you would go into real estate, art, etc·······.

“Recently, RE 100 is expanding beyond the national level to include companies.”

RE 100 is an abbreviation for ‘Renewable Energy 100’ and is an international corporate agreement project to replace 100% of the electricity used by companies with renewable energy by 2050.

Anyone who doesn’t know this is either a spy or a fool.

So I sighed inwardly, feeling like I was about to start another cliche.

The problem is that Jong-Hyeon Ahn and I have forgotten reality.

“Unfortunately, our country is not responding well to this.”

“That’s right······.”

“That was a long time ago. Aren’t we based on manufacturing?”

“I repeat, other countries and companies do not see it that way. Knowing this, the problem is that we have done nothing so far. To be honest, even though RE 100 is now becoming a reality, we are still doing it.”

Lee Tae-soo was serious about RE 100.

The expression on his face was the same, as was the voice coming out of his mouth.

“You will also know that globally influential companies are participating. Super A and Super B. Let me give you an example. Recently, a company called ALMS, which exclusively produces exposure equipment, declared that it will never supply equipment to a place that does not pass their RE 100 standard.”

This was also a known fact.

ALMS also produces extreme ultraviolet exposure equipment required for semiconductor microfabrication, and its own RE 100 standard threshold is quite high.

In addition, semiconductor companies around the world are fiercely competing to secure ALMS equipment.

however,

“According to the information we have obtained, major domestic semiconductor companies such as Yoo Sung Electronics have failed to meet the ALMS standards.”

“uh?”

“uh?”

I didn’t know this either.

No, the media warned that it would not be easy, but they did not predict that Yoosung Electronics, the world’s number one DRAM company, would not meet the ALMS standards.

“I repeat, ALMS is the only company in the world that produces extreme ultraviolet lithography equipment. If we don’t secure it, we won’t be able to win the ultra-gap technology race that Yoo Sung Electronics has been calling for.”

“Well, that could be true. But doesn’t Yoo Sung Electronics own a significant stake in ALMS?”

“It is going through a liquidation process.”

“uh?”

I was surprised again.

In the past, for the sake of a strategic alliance (written as such and read as a bid), Yoo Sung Electronics increased its stake in ALMS to over 5%.

Of course, it is to receive extreme ultraviolet exposure equipment as a top priority.

But what if it gets liquidated?

“I absolutely have to meet the RE 100 standard.”

“Yes, that’s right. But Yoo Sung Electronics’ factories exist in Korea, China, and the United States. Among them, the core technology is concentrated in our country. The problem is that our country’s new and renewable energy is still in its infancy.”

“hmm·······.”

I burst into laughter.

To summarize Lee Tae-soo’s story, it is no longer a choice but a necessity for companies like Yoo Sung Electronics to meet the 100% renewable energy ratio.

then?

“The government has no choice but to step in.”

“Yes. So the President’s first visit was to the United States, and then to the Netherlands.”

In fact, as soon as Seon Dong-il took office as president, he decided to visit the United States first and the Netherlands second.

There was nothing strange about the United States as an ally, but many in the Netherlands took it unexpectedly.

As it turns out, the fire at my feet was quite urgent.

“The results are not out yet, but there have been rumors going around recently that government officials and the chairman of Yoo Sung Electronics have been meeting frequently.”

Among the flyers, the one that is the most numerous and also the most accurate is the stock market flyer.

Therefore, what Lee Tae-soo said is closer to the truth.

‘Well, this government’s catchphrase is ‘transition economy.’

One of them included energy transition.

I thought this simply meant pursuing an eco-friendly approach, but it turned out to be a matter that could determine life or death in the future.

“Then, the government will make an announcement soon.”

“I’ve made a lot of presentations. So much so that it’s boring. That’s why people don’t really listen to me.”

I understood what you meant right away.

This is because Ahn Jong-hyun and I had similar reactions a little while ago.

RE 100, which we have heard so many times, the transition to renewable energy that has been repeated to the point of boredom.

The moment we hear those words, we push the concept to a corner of our brain.

It’s not because it’s not an immediate task.

Because I didn’t feel as much as I knew.

“When others are less interested, or rather, when there was a time when people were very interested, but when it is repeated too much, like oxygen, it disappears… In industries where you will realize its importance, it seems better to invest in advance and secure a good position.”

“That’s right.”

I actually thought I had done as Lee Tae-soo said.

Do Chan-gyu’s investment in Eco & F, and his subsequent steps toward mining hydrogen in Block 7, etc.

That’s why I think we treated the energy transition too vaguely and insensitively.

Even though in reality we should have been more proactive.

‘It’s not too late.’

At least if the STO token securities team today follows the direction of approaching renewable energy as a piecemeal investment, it seems that it will be able to breathe life into the neglected energy transition.

So I said with a smile.

“Let’s do this as quickly as possible.”

Then, confidence is engraved on the faces of Lee Tae-soo and his team members.