The Chaebol Who Flies From Space - Chapter 63



Only Noblemtl

63. Going to America (4)

The film industry was one of the only competitive industries left in the United States in the 1980s, when manufacturing had collapsed and burned down.

It’s not like the United States has been pressuring other countries to open their film markets.

“What a capable piece of trash. I wonder if it will burn well if I set it on fire. If it doesn’t block my path, I’ll just have to wait and see. Anyway, this movie has a very high chance of being a box office hit. The acquisition of Blue Rabbit’s shares is my job, and the rest is yours.”

Actually, the film industry is a burden to me.

It looked so delicious, but I didn’t like the amount I ate.

So, for now, I’m going to leave it to my younger sister. The way to succeed in the film industry was simple.

It is an eye for scenarios and a huge investment fund.

I don’t know how long Jeongyeon can last on this earth, but she’s not bad, so she’ll do well. Probably.

“What do you mean, it’s my share?”

“Blue Rabbit is a good opportunity for you to try your hand at film production. Even if you fail, just pick a scenario you like and try producing it. Suzy, who has experience at Disney, will be there to help you, so that will be helpful.”

My sister was dumbfounded for a moment at my words.

“What… What are you talking about! How can I produce a movie? I came here to learn the job, so what are you going to do if you suddenly throw me into production work?”

I lightly patted my sister’s head as she panicked.

“You don’t know how much you have in your hands. Let the great brother himself tell you. I made about a billion dollars from selling my Mexican oil field stake. I’ll have to take out taxes on it, but I can pour it all into the movie.”

In fact, $2 billion has already been used to acquire stocks in IT companies. The money borrowed was used as collateral to acquire WD Chosun.

“……..”

My sister remained silent for a long time, as if the amount I had mentioned did not seem real. To my sister, who was a student who had been receiving allowance from her mother, the amount I had mentioned was a large sum of money that she had only ever heard of on TV or in books.

“So don’t worry about what you’ll do if your movie production goes wrong and fails. It’s not like it’s a big deal if you fail at making a movie.”

I told my sister the truth, but my wealth is growing every night. The valuation calculated at yesterday’s stock price was close to $10 billion.

The talk that the U.S. stock market was in a slump did not work for IT companies. In particular, the stock price of Amazon, which acquired a 21% stake, rose dramatically.

The stock price, which was purchased at an average of $13, has already exceeded $30.

In terms of value, the value of the Toad F&B I own is much higher, but I can’t sell it and have to hold on to it.

It feels good to have more money at my disposal to do whatever I want.

After my sister, who was half-astonished by what I said, left the room, I started doing the work that had been piling up.

“What did the information come up from Toad F&B?”

[News has been released that a new distillery has been completed. This plant has been licensed for export purposes only.]

The overseas sales of Ddukkeobi F&B’s soju were overwhelmingly high.

In the domestic market, toad soju is still an absolute powerhouse, but the margin rate is different.

The price of soju exported to China and Russia is around 1 dollar.

The margin dropped by 1,000 won per bottle. It was a huge margin, different from Korea, where it is difficult to make even a 100 won profit due to the high taxes.

“Export volume has increased a lot, right?”

[2.8 billion bottles go into China and 1.4 billion bottles go into Russia.]

“You’ve grown a lot. Isn’t there a lack of ripening time?”

[We are barely holding on as the amount of goods consumed increases.]

This was a problem. The maturation period did not last indefinitely and the barrels had to be replaced every six months.

It might be okay for expensive products, but the amount consumed by cheap products was too much.

There is not an infinite supply of meteorites from which we can extract the necessary ingredients.

“Is there any way to increase the volume of meteorite trading?”

[We are currently merging additional meteorite exchanges and monopolizing the authenticity determination device. It is impossible to increase this any further.]

“Ugh, that’s really difficult. And I can’t just go out into space and bring back a meteorite.”

Humanity still finds it burdensome to go to the moon.

“How about using a mass driver to send a mining robot to the moon?”

[Not recommended. Room temperature superconducting technology for mass drivers has not yet been developed.]

“You haven’t made that one yet?”

[Again, this is Earth power, not Cosmic power.]

“It’s really shocking.”

[Don’t talk nonsense. If you slow down the reaction speed of the maturation period, the lifespan will be longer. If you try to mature the alcohol in such a short period of time as now, the lifespan will be shortened.]

“How long do you want it to be delayed?”

[If you change the time it takes from one day to 15 days, the lifespan doubles, and if you change it to one month and let it mature slowly, it quadruples.]

“If the maturation period is extended, will there be no problem with shipment volume?”

[Of course there will be problems. So we should stop increasing production any further and slowly increase the number of maturation units while maintaining the current production volume. If we increase it to about twice the current number of maturation units, there will be no problem.]

“There’s nothing we can do. Let’s do as you say. What happened with the application for permission from China?”

[It was rejected. We will stick to the current policy of not importing 53-degree soju.]

The 53-degree toad liquor made for testing purposes was also not approved in China.

If you invest in Maotai and export high-end shochu, you could end up killing yourself. So, I just calmly accepted the result.

“I heard that 75-degree soju sells well in Russia?”

I heard that the quantity that Georgi received with a loud voice sold well.

Two million bottles of premium soju are sold in Russia every month.

It’s a nice sum of money, earning 20 million dollars a month, but there’s no such thing as too much. The amount earned from low-quality soju is over 4 trillion won a year.

[I ask for more quantity, but there is no way.]

“There’s nothing I can do. It’s hard to maintain the current status. Besides, the taxes I have to pay next year are a pain. Aren’t there any promising new businesses?”

The corporate tax that needs to be paid next year will exceed 1.2 trillion won. We had to invest to reduce taxes.

I needed to invest my overflowing funds, but I couldn’t find a suitable place.

[What if we entered the coffee market?]

“Coffee? How much does that cost? The market size isn’t that big, is it?”

[To be precise, we are entering the caffeine market.]

“Are the two different?”

[The caffeine market is a broad term. One is the coffee market and the other is the energy drink market.]

“Energy drinks? I used to drink them a lot, too. After a hard day of work, if I drink one, my whole body feels tingly and I feel energized. But here, there’s no caffeine detoxification technology, so why would I drink that?”

I’ve never had an energy drink here before.

Because Ariel balanced my body, I didn’t feel tired even when doing simple things. Sometimes, just drinking tea and coffee was enough.

There wasn’t much to be stressed about here.

[Because there isn’t any, it’s a profitable market. Once you get addicted, you keep drinking.]

“I really like that. Well, I guess caffeine addiction won’t kill you.”

[Sometimes you die.]

“Shut up! What is the current size of the energy drink market?”

[Including sports drinks, the North American market size is still small at $3 billion.]

“Hey! The market is the size of a bean!”

[It’s a huge bean. It’s because the market hasn’t grown yet. Now is a good time to invest. The master who has drunk it more often than me will know better how big the market size is.]

“It’s a promising market. But should I start my own company?”

The market had good prospects.

[There’s no need for that. There’s a company that’s just right. It’s a beverage company called Hansen Beverage, which is listed on NASDAQ. They’ve released a new energy drink. The product is well-made.]

“You want to buy it there?”

[Because it is a beverage company, the stock price is cheap. Even if you buy more than half of the shares, $200 million is enough.]

“It’s not that expensive. Let’s buy it. If we go slowly in the market, we’ll become a major shareholder. Is there anything else?”

[Coffee is something to look for in California. Starbucks, listed on the NASDAQ, is actively expanding overseas and is a good investment target, but it has already established a branch in Korea.]

“I think I’ve been to the coffee shop in front of the women’s university.”

[That’s why I recommend the coffee business. If you bring the coffee shop chain in the US to Korea, it will be easier to buy real estate. How much will you make from selling a cup of coffee? What will be left in the end is real estate.]

This guy was more serious about real estate speculation than I, the owner.

In Korea, when a company buys real estate, it is hit with a hammer called the non-business-use heavy tax.

If you create a coffee shop chain, it naturally becomes an office building.

It was a welcome sound for the F&B with plenty of spare cash. If you buy a building in a major commercial area of ​​a big city and open a coffee shop, all your worries will end.

“Iriel, this time it was really good advice.”

[Ahem! This is all I have. However, Hansen Beverage has a small volume traded on the stock market, so I have to negotiate with the major shareholder.]

“Really? Are they going to sell it?”

[Hansen is in the process of discontinuing a number of its products and expanding into energy drinks, so it shouldn’t be too difficult to acquire the stake, as Hilton Schlossberg and Rodney Sachs are in the process of buying the failing beverage company for $1.7 million.]

“The names are all crappy, Schlossberg and Sachs. I should contact those authors myself… No, this is when you need an expert. Tell Team Leader Jeong to come to the US with his team.”

I wanted to put him in the Chinese branch because he wanted to work, but he came back to Korea in a hurry. He is currently working on creating a game company run by his uncle, and the busy work must have been wrapped up.

He told me that he wanted to work for him, so I’m sure he’ll do well if I put him in charge of this project. After the acquisition of Hansen Beverage shares is completed, I’ll also tell him to look into coffee shop chains that he might buy.

[Master, is this the end?]

“What’s the aftermath?”

[No matter how much you want to work, you have to give yourself some time to rest after finishing a big task.]

“People who are good at their jobs should be given more work. Hard work is rewarding. If they come here, they’ll do well.”

It’s not that I can never see Team Leader Jeong playing.

In the future, Team Leader Jeong and the M&A team will continue to work under me. It was fortunate that my younger sister Jeongyeon was not sent to the M&A team as originally planned.

How much would they grumble if I sent Jeongyeon there?

Once again, I commend the decision I have made.