I bought SillaJen today.
SillaJen's share price was around 13,000 won in early January, but now it has been around 11,000 won.
I kept my unit price down to the 11,000 won range by watering.
So I lowered the profit and loss rate, but I became anxious as the amount of investment increased. There was also a sense of anxiety that the company might be disintegration.
On the other hand, however, it was reassuring that SillaJen's stock listing kept a large amount of cash in reserve.
Anxiety and relief seemed to come by replacing every hour.
"You said you registered for the first patient in Korea's Phase 3 clinical trial of Pexaback, the liver cancer grand prize, in October last year, right?There's still time. We haven't even started registering clinical third-phase patients in China or Europe, not in Korea.”
I consoled myself like this and went through the marriage.
Hwang Byung-chul, who runs a beer shop at Geumjeong Station, called me.
"Mr. Choi, are you busy? Is it possible to talk on the phone?”
"It's possible."
"I heard Cho In-chang, a flower shop owner at Choi's company, and Kim Geun-tae, a car salesman, visited you?"
"I came."
"I said something to these bastards. I think CEO Choi is looking for dogs or cows because he's so popular these days, so you shouldn't do that. People who don't usually come and go shouldn't do that."
"It's all right."
"He says he's okay because he has face, but is that okay? Do you think it's okay for a bunch of guys like us who don't meet and drink sometimes like a fly? I told these guys to go through me if they wanted to meet Choi."
The word "through me" sounded strange, too.
Hwang Byung-chul is not even my secretary.
In fact, I didn't distinguish between good and bad classmates. They were all the same.
I didn't think there were any friends who treated me warmly when I was in school.
All I could remember was that I played the role of an outcast.
However, they are not friends who can be reunited anymore, but they are still living together.
"By the way, won't you come here once?”
"I'll arrange a meeting after the wedding."
I`m proud of Choi. I talk a lot to the bosses who let me shop here. The groom who is getting married to KBS announcer Park Un-young is my fake friend.”
"What are you bragging about? Don't do that. I'll treat you to a drink.”
"Yes, thank you. And if you have any flirting kids, call me."
Clearly, friends who do self-employed business felt a little more rough than those who do ninth-grade civil servants.
Assistant manager Kim Hyung-sook said he needs more money in his bank account to pay the balance of his newly contracted apartment. I put 10 billion won in my JS development account.
I wasn't leaving the money to Assistant Manager Kim Hyung-sook at once, but I was putting it in small portions according to the amount of apartment purchases.
Acting President Kim Hyung-sook showed me a copy of 26 real estate registrations other than the four newly contracted ones. I examined the status of ownership transfer one by one.
All 26 of them have been confirmed to be owned by JS Development Co., Ltd., without setting up real estate collateral in the financial sector.
And since all 26 of them were rented monthly, they showed me the documents that had lease contracts with tenants.
Also, I prepared and showed the monthly rent deposit status table on Excel.
JS Development showed to me immediately without approval from Director Jang as Assistant Manager Kim Hyung-sook was appointed as the representative.
I signed the check boxes of various documents posted by Assistant Manager Kim Hyung-sook.
Usually the treasurer tries to get the signature of his superiors on his report.
It was because he avoided responsibility when he had a problem of whether he had reported or not. So the accounting officers were always scrupulously prepared.
Assistant Manager Kim Hyung-sook said.
"26 units have been registered for transfer of ownership, so we can make a mortgage. If the Loan To Value Ratio (LTV) or Debt To Income (DTI) is reduced, the loan can be reduced."
"Didn't you hear what Jung and Song said during coffee time in the morning? You say the housing market is going to slow down."
"Well, that's true, but..."
"Chung said that the number of new apartment units in Gangnam area has decreased, while Song also said there is a concern about excessive housing supply." Also, the political circle says that the mandatory post-sale system is in the process of public debate."
"Even so..."
"It's okay. Let's fill up 50 units and then get in touch with the bank."
"Okay."
"If you have 50 apartments in Gangnam and rent them all, the bank will welcome them."
"That's true. Rent is coming in regularly, so the bank will say there's no problem getting their interest."
"As I'm going to the Pitestech board of directors tomorrow, ask him to show me the data on Pitestech's financial statements for the previous year."
"I've already received it."
"Is there anything wrong with Mr. Kim?"
"I think the boss will be a little disappointed because we don't have any dividends this year. Pitestech is your 100% investment company."
"For the time being, it for the time being. They're covered by their salaries."
"I wish I had a pay plus alfa..."
"Now you can think of it as a company you've started."
"You're raising your salary on this board, aren't you?”
"If my salary goes up, I'll have to raise the salaries of other executives."
"But I'd like to see a rise in employee wages."
"Under the labor-management wage agreement."
It was the next day.
The next day was February 14th, Valentine's Day.
I bought 3 chocolates at the supermarket in Jaipat, Dorim-dong where we live.
And Eunyeong took a picture and sent it to me.
[I send a Valentine's Day gift to my eternal love manager.]
A reply came from Eunyeong.
[Ho Ho, thank you for the food. Way to go today!]
Eunyeong sent me a baby bear's favorite emoticon.
I handed out the chocolate that I had taken to send to Eunyeong to the female staff.
Choi Yu-na, Kim Hyung-sook, and Hong Dae-ri liked it.
"As expected, the boss is the coolest. The other male employees in our company don't have any stylish people!"
The female employees were so moved by the small incident.
I became a stylish boss with just one chocolate.
I skipped coffee time today.
It was because it was the day I went to the board of directors of Pitestech
Before departure, I placed a lot of orders for SillaJen at around 11,000 won.
They were placed on the lion's orders, separated by price.
It was like setting up a fish tank for each fish price. That way, when you come in the afternoon, you can see how much meat you have caught in the fishbowl.
I headed for Uiwang City with Chang and Assistant Manager Kim Hyung-sook.
"Mogang Tech" seemed to be going to someone else's house, but it felt like my home because it was a company that I invested in it.
Jang, who was riding in front of him, said.
"Mr. President! The new revenue generated by Vice President Han Kwang-jin is not reflected in the previous year's performance. It will be reflected from this year."
"I know."
"That's why we're making operating profits, but we're not making any net profits."
"As long as it's not minus."
"It's not Minus.
"That's fine, then.
"Next year, we'll have over 50 billion G-Electronics deliveries, Tianjin exports, and sales from China's West Bank plant."
"Can't we get Vietnam sales in the second half?"
"It would be possible if we set up a factory in Vietnam in the first half of the year. But that's going to be in the company's business plan for this year."
"Is that so?"
"Yesterday, Vice President Han Kwang-jin said he would do the same with last year's earnings report and this year's estimated profit and loss report."
"Well, is that so?"
I was the president of a private equity firm, so I had a reason to be interested in corporate management as long as I had to manage the fund well.
It occurred to me that although I have been to a factory, most of all, private equity firms may lose popularity later on.
Private equity firms sharply lowered their standards last year.
That's why private equity firms have mushroomed. As a result, many private equity firms were insolvent.
I saw that one of these private equity firms must be involved in an accident, which would create a credibility problem and cause a social reputation to deteriorate.
It was expected that there would be a day when the customer's deposit would fall like the tide ebbs.
That's why I'm paying more attention to trying to have a company.
He wanted to have a smart listed company with a private equity firm.
I wanted to have a big company, but I was still not strong enough, so I was just thinking about it.
Passing through Gunpo and near Dangjeong Station, I got a call to General Manager Jang.
"Yes, Vice President Han!"
It seemed like a call came from a vice president.
"I'm passing through the Tangjeong station now. We'll be there soon."
Turning off the phone, Chang said.
"It's Han, and they're asking how far are you?”
Arrived at Pitestek.
The factory seemed much different than before, it seemed cleaner and disciplined. Vice President Han Kwang-jin came and seemed to have put his efforts into management.
Kim Kyo-young is an engineering graduate, but Kim Kyo-young was a person who focused more on product development than management.
That's why I hired Vice President Han Kwang-jin to support President Kim Kyo-young.
Kang Hyung-suk, who is in charge of accounting and general affairs, welcomed us.
We entered the conference room where the board of directors was to be held under the guidance of two people.
The waiting president, vice president, and the head of the institute stood up to greet us.
"There's a lot of traffic, isn't there?"
"No, thanks. I think it's my time."
"This board of directors is also here, Mr. Kim Hyung-sook."
Assistant Manager Kim Hyung-sook greeted the executives of Piettek.
I said.
"Assistant Manager Kim Hyung-sook is not a director, but she came with me for the record."
"Good to see you."
I sat in the chair and the board of directors was held.
The society was seen by the accounting director.
In the previous year, Han Kwang-jin, vice president, was not the president.
"We had 41.6 billion won in sales last year and 2.8 billion won in operating profit. Net profit is 200 million."
"It's not a deficit."
"Yes, we've been in the red, but starting this year we've had a small surplus.“
"Didn't you force yourself to make financial statements?"
"Not really. Thank you Jang and Mr. Kim Hyung-sook, who came with the president, are finance experts. It's been internally audited."
When I looked into the faces of Jang and Assistant Manager Kim Hyung-sook, they nodded that they were right.
"The report did not include 5 billion won in sales from newly-delivered G Electronics, 3 billion won from G Electronics' Tianjin plant, and 3 billion won from its new plant in West Bank, China."
"Then this year's sales will be 11 billion won.“
"We've set a new growth rate of 15 billion this year, and we're planning to increase our existing sales from 41.6 billion to 45 billion."
"Then the sales target for the end of this year is 60 billion.”
"Yes, we estimate operating profit at 18%."
"Then is operating profit 10.8 billion won?"
"Yes, I'll explain this year's strategy by division."
Vice President Han Kwang-jin explained the plans for this year by business department and product.
I believe that if operating profit is 10.8 billion won this year, there will also be some post-tax profits.
I saw that dividends would be possible.
Research Director's Tears