＜ Stock Commander 01 ＞
＜68＞
“Oh, then how are you? Have you thought about it?”
“haha! Hey, isn’t it a body where everything is more comfortable now? Even after retirement, I’m just sad. However, at this age, I am in a position where I cannot play myself.”
“No, Chief Joe! Aren’t you just reaching retirement age? Even if you are retired, do you think you can still do more?”
“Ah, can I really do that?”
“Have you heard of [Daesung Steel]?”
“yes? What about [Daesung Steel]?”
“It is a place where the stock price has plummeted a lot these days. Sooner or later, a judgment of non-recovery may be made through a meeting of creditors. So while we were preparing this and that, I thought of President Cho.”
“Tell me more.”
“Currently, [Daesung Steel] has a fairly high debt ratio. Did you say about 500%? The dependence on borrowings also exceeded 80%. It has become difficult to hold on to any longer as the company has gone through deterioration in management. Creditors are currently privately searching for a decent buyer before making a public sale.”
“Oh yeah? What is the total debt size of [Daesung Steel]?”
“It counts a little. About 1.2 trillion won.”
“Wow, that’s really worth it.”
“The size of the debt is so large that most places will not even be able to tackle it in the first place.”
“But on that scale… Mmm! Won’t the government come up with a remedy?”
“ah! Great horse immortality? You mean that? Big companies never fail. Because the government will definitely bail it out. However! It won’t be easy this time. We’ve been working on something.”
“okay? That sounds a bit tempting, but what kind of things can I help you with?”
“Chief Joe! It’s enough for us if President Jo just steps in the middle. haha! If you do that, our private equity fund (PEF) will prepare a special reward. ah! In addition, we are currently forming a consortium with a large investment fund on the US side. It has a very solid foundation. Guaranteed, too. How is it? Could you help me?”
Cho Tae-jeong, former president of the bank, thought for a while at the proposal, then smiled. It seemed that they wanted to mobilize a huge amount of money through institutional banks.
In other words, it seems to mean to let go of the bridge in the middle.
If that’s the case, then you just have to let go of the bridge and get a rebate in the middle. ah! no Now, should I say it’s labor cost, not rebate?
After thinking for a while, Cho Tae-jeong, the former president of the bank, smiled on his lips, and soon announced his positive intentions.
“But I have a little question, where are you referring to large American funds?”
Then the answer came right away.
“Chief! I don’t know if you know, but have you heard of [Golden Invesco MRC Fund]? It is one of the hottest funds these days.”
“Ahhh! Are you talking there? I’ve heard it too. Isn’t the fund’s manager Larry Grubbs? You must be the hottest person on Wall Street these days. How did you come to invest in Korea?”
“Well, isn’t that obvious? Isn’t it our destiny to follow money wherever it goes? Indeed, chieftain! If you have time, it would be a good idea to buy that [Daesung Steel] stock as well. ‘Cause I’ll hit it up soon Of course, only the president knows, and it’s not good if rumors spread for nothing.”
“haha! Yes? Okay. Of course I will keep my mouth shut. thank you Mr. Park.”
Then, former CEO Cho Tae-jung hung up the phone and immediately launched a stock app on his smartphone.
What is [Daesung Steel]?
First, the stock price is a question.
In fact, when a big rice cake dumpling appears, they attack like wild beasts.
After that, birds will fly in and even bugs will attack and devour them.
Isn’t this the capitalist waste treatment method?
Fortunately, it seems that one piece of rice cake will fall on him, and Jo Tae-jung is in a state of subtly improved mood.
“Let’s see.”
However, Cho Tae-jeong, the former manager, is blind.
He quickly took out his magnifying glasses, put them on, and looked at his smartphone again.
stock price…
uh? 18,500 won?
As such, the current market price was pointing at 18,500 won.
Of course, during the day, the window was all blue.
Stock prices continue to plummet.
In fact, the stock price, which was about 32,450 won last week alone, is now hitting 18,500 won after plummeting from the beginning.
Compared to 32,450 won, the share price fell by about -43%.
In an instant, a strange smile bloomed on the wrinkled lips of former CEO Cho Tae-jeong.
Soon after, he went through his smartphone contacts and pressed the call button.
and after a while
After a short beep, the other person answered the phone.
#
“Hmm, Taehyung. Can you call me now?”
“yes! What are you doing? older brother. I’m fine now.”
“Ah, that’s… I had some good things today. Do you know [Daesung Steel] by any chance?”
“yes? Why [Daesung Steel]?”
“They say the stock price has crashed right now. So buy some stock and keep it. There will be a big issue sooner or later, so you can eat it big. you know what i mean Be sure to keep your mouth shut. If this kind of information leaks out, we are the ones who lose. know?”
“yes! Of course I know. older brother! Did you say [Daesung Steel]?”
“okay. [Daesung Steel].”
“older brother! Thank you again and again!”
“Hmmmm. Well, there’s nothing to thank me for. that’s all my money And again, if I make a profit, I take 10% off and eat it.”
“Thank you for always. older brother!”
“Okay, go in now.”
“yes! older brother.”
“Wait a minute!”
“yes?”
“Oops, I forgot. Let’s just keep asking about it. Tae Hoon. You said you left your investment money in a small boutique right now, right? They say the profits there are pretty good?”
“yes. It came out better than I thought, so I’m a little surprised.”
“How much did you say you entrusted?”
“About 20 billion. As I said last time, the profits continued to come out well, so we continued to raise them.”
“Then what is the rate of return?”
“To date, it is about 36%.”
“Ugh. Quite high. Do you think they are a bit clever?”
“yes. All of them have foreign experience, so their skills are very good. older brother! I’m thinking about adding more money, is that okay?”
“how much more?”
“About 10 billion more…”
“Hmm. What did you say it was called?”
“[Boston Institute of Investment].”
“Boston Institute of Investment? Hmm. Anyway, I know they’re good friends. Taehun! There are some circumstances right now, so get rid of that investment of 20 billion as quickly as possible.”
“yes? Brother, what do you mean by that?”
“[Daesung Steel] will go through M&A. The Korean side is dominated by a private equity fund I know well, so I have to put in some money. If things go well there, within a few years you can be at least 100% to 200% profitable.”
“Ah, I see. Then we will get the money out as soon as possible.”
“And you said those boutique kids are rather smart?”
“yes.”
“Never break ties. visit once in a while There will be some other things coming up soon. [Daesung Steel] It’s the case. We can’t go into the main thing, and I think something bigger will come out of Hong Kong sooner or later. It seems that something like that will overturn the Hang Seng Index will happen sooner or later. Anyway, let’s prepare slowly.”
After hanging up the phone like that, former CEO Cho Tae-jung smiled.
He put his smartphone down on the study desk.
Then he starts staring at the computer monitor quietly.
Even though I retired, the greed for money still hasn’t gone away.
The desire to become richer was growing.
That can be said to be his only pleasure as a former bank president.
Of course, making money here and there was not the real purpose of spending it.
Just like a trophy of sorts.
It was because the cash record itself was the only happiness and self-satisfaction.
#
Meanwhile, at that time.
Hyeonjun was still talking to Yohan.
“What is the current buying status? Any problem?”
“yes. We are proceeding with the purchase calmly.”
So Hyun-jun was in the middle of ordering this work after distributing the four stock accounts opened in each securities company in his name to them.
In other words, Kim Yo-han, Park Jung-min, Kim Do-hoon, and Nam Min-woo each take on one account and are in the process of stock purchases.
Since the company had not yet been established, Hyun-joon proceeded to invest in an account under his personal name.
In particular, in this process, teamwork work has become much more important now to avoid so-called cross trading, in which identical stocks flow to each other in stock accounts under the same name.
So Yohan, as an experienced person, even played the role of team commander, instructing each person to buy and sell, or taking on the role of punishing each other.
“First of all, when the purchase of 150,000 shares is completed, let’s hold on and watch the situation.”
“yes!”
“And even if you receive the quantity, don’t keep holding it, and keep spitting it out and lowering the stock price.”
“yes. I am doing that.”
“The total investment is 6.5 billion won, so it is less than I thought. Compared to the [Daesung Steel] market gun, you know it’s new blood, right? So keep an eye on the movement of the main gun and keep up with it. When I have to spit it out, I spit it out again.”
“yes.”
In the end, the current work is a kind of small (?) share price work in progress to receive the quantity of the bid price even slightly lower.
Hyeon-joon hung up the phone after giving the order.
Currently, I am using a volume rotation strategy and a split purchase strategy to acquire stocks with lower stock prices.
It was clear that if you bought stocks at this asking price at any asking price, you would definitely make a big profit later.
In fact, that was also part of what Hyeon-joon, a native of a stock workshop, intuitively realized after seeing the strange stock price trend, regardless of his ‘Ghost Eye’ ability.
And after a while, Hyeon-jun actually activated the ‘ghost eyes’ ability.
At this time, unexpected future stock prices were being caught.
#
uh? 19,700 won?
Does it rise somewhat without falling further?
If that’s the case, is it possible that you hit the floor?
However, since he knows that future stock prices are always short-term stock prices, not long-term stock prices, Hyun-jun did not think that the stock price was going up at face value.
Of course, it will hit 19,700 won at any time.
Perhaps, there could be signs of another crash after 19,700 won.
So Hyun-jun contacted Yo-han again.
After raising the target a little more, buying approximately 300,000 shares, an instruction was added to sell half of the volume from 19,500 won to 19,700 won.
On the other hand, I did not forget to ask you to pay attention to the stock price trend.
Because, in general, what is judged to be illegal in stock price manipulation, i.e., market manipulation, is generally straight trading, cross trading (i.e., wash trading), artificial high or low order, fake order, and dissemination of false information.
Placing a buy order or a sell order in accordance with the general stock price trend cannot be seen as an act of manipulation.
So, it was true that it was always necessary to increase or decrease the stock price while trading according to the stock price trend.
“So be careful, but be especially careful with cross-account cross-trading. know? If there is any cross trading, the entire transaction will be stopped immediately. Of course, the party is out unconditionally! So, tell everyone to stay sane.”
“yes! I will keep that in mind!”
As such, Yohan’s role in leading the amateur team members, who were gamers, became more and more important.
Meanwhile, Hyun-jun, who finished the instructions, looked at the trends of each account on his computer monitor.
While watching Hoga, Hyeonjun checked the current time after a while.
It’s already 10:25 am.
The all-important early part of the day was passing by.
Sooner or later, at 11 o’clock, then it will go to the mid-flow.
It was a very good thing for Hyeon-jun if there were no sudden spikes.
Because now is not the time to want stock prices to skyrocket.
When the stock price falls further and reaches the bottom, the key is to sweep as many stocks as possible at that time.
And time passed quickly again.
