After 12 Hours

Orphaned to Punishment House

The category that gave me the best opportunity was' Entertainment ’. Having received useless real estate news in the' economy ’, I clicked on' Entertainment ’and‘ IT/Science ’in a row, and saw the article titled' Entertainment ’opened my eyes.

‘Jiwoo Entertainment. Acquired by BEU Group, China’

Acquisition, a very important event in the equity industry. When a company acquires blood from another company, a large amount of money is brought in by a new parent company. In addition, a parent company often presents a new monetization model to its subsidiaries in order to grow or link to their original business when acquiring a subsidiary.

The acquisition will dramatically improve the financial statements of the subsidiary, as well as increase in sales, usually with the funds from the parent company. Literally replacing a parent company is an event where earth-bottomed shares are transformed into restricted shares. I clicked on the article without hesitation.

*

Domestic consolidated entertainment company Jiu Entertainment has been acquired by China's BEU Group. Today, Ji Dong Ji Entertainment's founder, Kim, announced an agreement to sell 32.67% of his shares to BEU Group in China. The largest shareholder of Jiwoo Entertainment has been transformed into the BEU Group, which has secured access to various subsidiaries of the BEU Group (BPU, Mythological Film Company), collaboration and domestic artists in China.

*

I have definitely heard of 'Jiu Entertainment’ I turned on MTS to search for Erase Entertainment. However, one phrase at the top of the category stands out more than the price of the stock. The word "management" written in red.

Management?

Management is a type of stamp that a company receives for a few consecutive years, or when it is in a crisis of establishment, for more than a year, or if the financial statements are not as good, it is stamped on the shares that go through the process of unlisted revocation. It's a stock that's literally been specially managed.

Generally, it is better not to buy or sell shares with these controls. It's because I don't know when and how it will be unlisted. With the deregistration of the public register, the stock can either become a piece of waste paper, or go outside and trade with only a few people. In this case, it is usually traded at a slightly more expensive price than toilet paper. You can't guarantee the future. I was troubled for a moment.

‘... it's a bit risky.' ’

I looked at the Ziu Entertainment Stock Chart.

Oh, my God.

The stock chart had a clear downward curve. Sometimes there was a spike or a fall, but in the end, I had a graph of primary functions with a negative slope that looked like it was hand-drawn with a main bar or monthly bar.

Three years ago, it was ₩ 18,000... and now it's only ₩ 3,000... one-sixth of it. I'm sure there are already a lot of people on the Han River... "

Usually any stock has good times and bad times, which is consistently negative for what happened. I looked at the financial statements. But the financial statements are also strange.

But the sales are good? ’

Sales were steady. Rather, they were growing sparingly.

"Who is this singer or Talent?"

I opened the search box to search for entertainment. At the top of the artist list, you see the Girl Group Ninetail.

"Ah, the Nineteen Tails are here. ’

Girls group nineteen were the third and fourth largest fans in my country. Especially the leader, Hayeon Seo, who had a rare beauty when considering her domestic girl group visual turret, so that no one in his 20s or 30s in Korea would recognize her.

‘The Nineteen Tails are quite popular... especially the company with the hyenas. ’

I found the stockbroker for the comprehensive portal. There is no better place to judge the situation of the company.

*

Oh, it's going down again today... I'm going down the river today. I'm gonna go suck on some soju.

What are you, stupid? Hold this stock? Sell it fast. Whoever sells 100 won first wins.

This stock is finished. Watch him do it. He's howling with company money.

What's wrong with Nineteen Tails... they can't even release an album because of the same thing!

I'm a fan of Nineteen Tails. I'm going to go find Jiu Entertainment with a knife. Wait for him.

*

I have questions when I look at the bulletin board.

‘Who's the same person? ’

I think I've seen him somewhere. He was the founder and major shareholder of the Gwen Entertainment once again. Founder and CEO Kim Dong Joo of Ji Woo Entertainment. He did not run the company well, so he was eating blasphemy to anonymous shareholders.

Well, it's unusual in the stock market. If anyone has a sixth of his wealth, he will want to insult even if he holds on to the president. Before that, you have to blame your fingers for buying stocks, but it's hard for ordinary people to blame themselves. Anyway, I found a clue here.

‘Chairman Kim Jong-un played for the company's money? ’

CEO Risk. It happens a lot. Recently, a Peanut Airlines director sent a plane to Korea to return to the United States saying that the stewardess was wrong. At the time, peanut airlines had already evaporated a trillion won in market capitalization, down –10% in a week.

What the hell did you do? ’

I wanted to find out more about the story, but I didn't have time. It's 8: 58. Only two minutes until the chapter begins. We don't have time to analyze more about why Jiu Entertainment with Nineteen Tails and Haengseo has become like this. The only thing that matters to me is whether this stock goes up or down.

If a blood acquisition rumor has spread in the market, the stock price may skyrocket as soon as the intestine starts, so make a decision quickly. I searched for just one more key element that would impact the stock price right away, putting aside all those specific stories.

"Total market value of BEU"

Usually the most important thing about this acquisition, when it comes to acquisition news, is how much influence the parent company has. It is similar to the adoption process of an orphanage in a house. In some cases, they will be adopted into a typical home, and in some cases they will be adopted as children of any hive.

The former is not bad, but the latter rapidly improves the company. I watched the search results BEU is not a Korean company, so it did not produce any corporate information. Instead I was able to find it on the news.

‘... the BEU leading the Korean concert is Beijing-based, a Chinese entertainment company with a market capitalization of RMB 120 billion...’

20 trillion. Incredible. In fact, even the top entertainment companies in my country, ZM, YC, and PJY, are two trillion, 10 times larger.

‘Lion. This... must be bought.' ’

Of course, management is a bit disturbing, but it's August. This is not a dangerous time, since March, which is the period in which a large number of publicly listed revocations were issued. Although there is a problem with the company, if the parent company changes this evening, the problem will also disappear.

If you say the money problem in life is about 80 percent, the money problem in the company is 99.9%. When I made my decision, I turned on MTS. Time is 8: 59. Now it's one minute to chapter opening. I entered the password and took my hand to the buy button.