Reversal of Life With Stock Cheats - Reversal of Life With Stock Cheats chapter 49
a few days ago.
Savannah Markets New Business Strategic Planning Manager Bronson Parker was surprised to receive a proposal from Jaegu Kim.
‘(Isn’t this kind of fee going to be in the red? Besides, they’ll even provide a warehouse…)’
Daehan Delivery, one of the main services of Daehan Market, is a system that delivers items ordered in the morning on the same day, and was popular among busy modern people.
To make this possible, Daehan Market rented warehouses in various areas around the metropolitan area. And it was expanding its warehouse to expand its service area.
Hojae Han proposed to allocate part of the warehouse to Savannah Market.
‘(If this is the case, there is no merit of Dokgo Commerce.)’
One of the reasons why Savannah Market chose Dokgo Commerce was the distribution warehouses spread across the country. Dokgo Commerce offered to use Dokgo Group’s nationwide warehouses at a low price if they signed a contract.
The words are cheap. It was burdensome in a situation where I didn’t know how many products I could sell in the Korean market.
‘(The space is smaller, but not charging storage fees is a pretty attractive proposition.)’
If the demand in Korea increases, then the warehouse could be expanded. Whether renting directly from Savannah Market or additionally renting from Daehan Market, it would work somehow.
‘(The commission is less than 1/4 of Dokgo Commerce… This will increase the competitiveness of the product.)’
Consumers who shop online are sensitive to price. In order to save even a single penny, he refused to purchase easily through an official importer and chose the difficult overseas direct purchase.
Therefore, price competitiveness was of paramount importance.
Considering the commission offered by Dokgo Commerce, there would be little merit in the price competitiveness of Savannah Market in the Korean market.
However, the Korean market was different.
Daehan Market proposed a fee that was only 1/4 of that of Dokgo Commerce. In fact, it was at the level of helping Savannah Market enter the market for only money close to labor costs, storage fees, and transportation costs.
‘(If this happens, what’s left?)’
It was an award-winning condition.
Two years later, there was a provision to renegotiate the terms through a renewal contract, but that was something to be reconsidered at that time.
‘(If you suddenly raise your commission a lot, you can find another partner, so there’s nothing to lose.)’
He was worried that his business in Korea would collapse because of Dokgo Commerce, which had no intention of lowering commissions.
For him, who was worried about leaving the company due to his failure to enter the Korean market, Daehan Market was like a rope.
If you enter the Korean market through Daehan Market, you will be able to achieve significant results for at least two years. In the meantime, I was talking about being able to work.
‘(It’s quite attractive if you get an investment.)’
When considering entering the Korean market, it was a company that had already been investigated once. Although it was pushed to the next rank by Dokgo Commerce, it was considered until the end.
It was excluded from the list due to its recent sluggish performance and lack of capital, but according to the report, it said that it plans to secure capital through an investment of 40 billion won soon.
‘(Because it was an attractive company from the beginning, except for the capital issue.)’
Daehan Market was an unlisted company with an 80% stake in Han Ho-jae, the CEO, but the progress it has shown so far has been quite solid.
Until Dokgo Commerce jumped into the market, the growth trend continued, and the width of the surplus was increasing. A year ago, Dokgo Commerce has been in the red since it started aggressive marketing, but it was the same with the opponents who played the chicken race.
‘(If the investment money flows in, I’ll be able to hold out for a while.)’
If so, Daehan Market will be able to have a competitive edge, so it was judged that it would not be inferior to them as a partner.
‘(I need to properly compare the two companies and write a report.)”
Although his mind was leaning toward the Korean market, it was certainly not an easy decision to make. Besides, he wasn’t the final decision maker.
‘(As expected, before writing a report, I’ll need a consultation first. I don’t have time to go in person, but it’s possible if it’s a video conference.)’
The proposal from Kim Jae-gu was also very good, but it seemed that a little more discussion was needed regarding the marketing direction and market analysis perspective.
‘(You can’t miss such a good opportunity by hesitating.)’
Bronson immediately began composing an e-mail to Kim Jae-goo.
***
To sum up Bronson’s email, it was a very attractive proposal, and he wanted to hold a teleconference as soon as possible.
‘As expected, it’s not easy to refuse that offer.’
Although it is slightly behind Dokgo Commerce now, it was still a similar size Daehan Market.
I immediately called Hojae Han, checked his schedule, and sent Bronson an e-mail suggesting a videoconference time. The reply came immediately.
[(10:40 am Korean time. Good)]
Of course, I did not forget to set up a meeting with Han Ho-jae for investment. I sent a message to Han Kyung-ah and Choi Ji-hoon that I would go on a business trip today, and headed straight to Daehan Market.
It’s been a while since I’ve dressed up as chief Kim, so I felt strange because I felt like an agent.
‘It’s already 8:50.’
The Watcher’s Eye pop-up came to mind. Over the weekend, I took out the mobile phone connected to the newly developed integrated program and entered the value.
After a while, the expected stock prices for tomorrow also came to mind. After entering everything, press the submit button. I saw the program actively moving and trading.
Now that the program is heavy, the mobile phone only displays the received content, and the actual calculation is performed by the computer in the office.
‘Should I leave the stock trading to the program and finish this side?’
When Daehan Market defeated Dokgo Commerce, I was itching to see the expression of Dokgo Jeong and his ex-wife.
After parking nearby and entering the lobby of the Daehan Market building, Han Ho-jae hurriedly ran over.
“Chief Kim, are you here?”
“Hello. Representative Han. You came down directly.”
“Chief Kim is coming, so of course I have to come down.”
He looked a bit haggard, but looking at his face flushed with anticipation, I could feel how desperately he had waited.
“It’s been a while. How are you?”
“Thanks to you, I’ve been well. How has the CEO been?”
“hahahahaha. I couldn’t sleep properly because of the homework assignments given to me. But I feel refreshed after a long time since I went back to my original intentions.”
Is it because of my mood that I seem to be subtly condescending?
Seeing that he looked happy despite looking tired from working overtime, I thought he was a heavenly entrepreneur.
“It’s not like this here, go inside.”
Following Han Ho-jae into the representative office of Daehan Market, the secretary brought a tray of Americano and refreshments and set the table on the table.
At Ho-jae Han’s glance, she bowed her head and went outside.
He touched my fingertips and looked at me.
“Did you get the proposal?”
“Yes.”
“How is it?”
“It wasn’t bad.”
Han Ho-jae took a break and let out a small sigh of relief. He was the type to show everything he was thinking on his face.
“Then how much do you think about investing?”
“As I said last time, I will invest 20 billion won for a 10% stake. I am willing to secure up to a 30% stake.”
“30% is impossible, but I think it’s possible to increase the amount by 20%.”
“Is this something you’ve been talking about with others?”
“Yes. I thought you would oppose it, but surprisingly, they readily agreed to the paid-in capital increase.”
that’s not natural Samcheok Dongja knew that the company would wither away if left alone.
“What do you think, CEO? Wouldn’t it be better to secure capital through a 20% investment rather than a 10% investment?”
“That’s right. I need a lot of bullets to counterattack properly now.”
That’s right. Daehan Market had to beat Dokgo Commerce unconditionally, so this amount of investment was not a big deal.
‘The money I earned yesterday was 340 billion, so this is not a burden.’
And the overflow was bullets.
“Okay. Then write a contract with 40 billion investment at 20%.”
“Yes. By the way… you told me last time…”
oh You’re talking about marketing costs. If you’re an entrepreneur, it’s only natural to remember that much.
But I can’t just give it away.
“You’re referring to the marketing costs I mentioned last time.”
“Yes!”
Han Ho-jae nodded vigorously with a desperate expression.
“Of course you have to invest. There are conditions before that.”
“If it’s a condition…”
“You have to have a marketing plan to get investment.”
“Ah! If that’s the case, I’ve prepared it. Shall I show you now?”
I checked the clock and it was already 9:30. There were only 50 minutes left until 10:40, when I was supposed to meet with Bronson.
“Let’s talk about it after meeting with Savannah Market first.”
“Since there are still 50 minutes left, how about finishing the investment that has been decided?”
Seeing that he could not keep his fingers still and kept bumping their tips, it was quite sweet. The size of the investment was decided, so there was no need to waste time.
“I see.”
“I’ll call a lawyer right away.”
“Yes.”
Ho-jae Han made a call somewhere, and soon after, a man opened the door and entered. He was a neatly dressed man with his hair neatly brushed back with mousse.
“Representative Han, long time no see.”
“You lawyer. Long time no see. Sit over here.”
Han Ho-jae and I sat facing each other at the central table, which was made up of sofas on all four sides. The lawyer took a seat on the side and sat down.
When Han Ho-jae took out the documents and handed them to him, the judicial scrivener examined them carefully.
“You are attracting 40 billion won in investment for a 20% stake through the issuance of new shares.”
“you’re right.”
“You’re acquiring a stake in B&T Financial.”
His gaze turned to me, so he got up and held out his hand.
“This is Kim, managing director of B&T Financial.”
“I am a lawyer, Kangwon Lee.”
He also got up, shook hands lightly, and sat down. Today, I was the representative of B&T Financial.
While the judicial scrivener was checking the documents, he used the eyes of trust on Han Ho-jae.
[Reliability 82%]
[Cooldown: 23 hours 59 minutes 59 seconds]
It was a slightly higher number than before.
As a result of deep consideration, I came to the conclusion that what I said was right and contacted him, so it was a natural result.
The solicitor put down the paperwork.
“There is no problem with the contents. First, please fill out the details such as the share, amount, balance date, etc.”
The procedure was handled one by one according to the instructions of the lawyer. As an investor, it was the first time I participated in a paid-in capital increase, so I listened carefully to every word he had to say.
For items I did not understand, the lawyer explained in detail.
‘It’s complicated though.’
It is best to leave complex tasks to the experts. Thanks to this lawyer, the paperwork was completed with just a few stamps of B&T Financial.
‘Now, if you deposit, 20% of Daehan Market becomes mine.’
On paper, it belonged to B&T Financial, but I was the actual owner of it.
Is it because I think it has become my thing? More than before, I fell in love with Daehan Market.
“Let’s meet again on Friday, the day of the deposit.”
“Yes. See you on Friday.”
The lawyer’s work was over, so he left first. It was soon time for a meeting with Savannah Market.
Han Ho-jae checked his watch and stood up.
“I’m about to have a meeting with Mr. Bronson at Savannah Market. Would you like to observe?”
Usually, when an investor invests, that’s it, but I’ve been curious about how they work.
“Yes.”
***
Han Ho-jae did a good job as expected. In particular, their English proficiency was close to that of the locals.
Bronson said he would give a positive review, and the meeting ended with mutual satisfaction.
After the meeting, I was briefed on the marketing plan, and this also brought results beyond my imagination.
‘They said they worked all weekend, but the results were pretty good.’
The marketing cost of 3 billion won was decided to be donated separately at the time of the stake acquisition.
After having lunch with Han Ho-jae, we headed to the airport.
I didn’t forget to change into Kim Jae-gu’s usual clothes instead of B&T Financial’s executive director Kim’s clothes.
‘Didn’t I say the estimated time of arrival was 4 o’clock?’
< After all, that offer is not easy to refuse > End