It was dreary this morning and snow fell.
It was said that there would be a lot of rain in the southern part of the country, but Seoul was sure to turn into rain during the day.
The rain at the end of February was useless.
It doesn't matter if it's Seoul because it's all asphalt roads, but the unpaved mountainous areas seemed to make the roads muddy.
"It shouldn't rain on the wedding day!"
I quickly clicked on the weekly weather forecast with my smartphone.
Fortunately, there was no sound of rain on my wedding day.
It shouldn't rain this Saturday.
Would you like to have a wedding on a rainy day?
Also, this Saturday was the 17th day of candlelight vigils, so it shouldn't have rained, even considering it was Hong Ji-young.
It should not have rained when I saw my uncle, who was going to attend the Taegeukgi rally with Vietnam veterans and church members.
I don't have an umbrella with me because I don't have to get rained on.
There are emergency umbrellas and raincoats in the trunk behind the car, but they have rarely been used.
When I arrived at the office, Jang and Song greeted me.
"I had a good trip to Vietnam."
"Did you decide to build a factory?"
"I'll report to you over a cup of coffee."
"Okay. Let's all listen at the conference room coffee time."
We all gathered in the conference room with coffee in a paper cup.
Jang distributed a set of chocolates from Vietnam to all the participants.
"Vietnam has a large cocoa farm, so the chocolate industry is developed. I bought it as a set, so try it."
"Wow, this looks like a week's worth of food.”
Everyone was happy to get a chocolate set. I got a set, too.
Jang said when he saw Hong.
"Me, you didn't want to see me?”
"If you say that, you'll get sexually harassed! I'm glad you weren't here, so I didn't have to get stressed!"
"I'm sad."
While drinking coffee, Chang said.
"The Samsung plant we visited on the first day was located in Bac Ninh Province in northern Hanoi. It was close to Hanoi, so the population density was high. It's in the Red River Delta, and there are 15 industrial complexes here."
"I heard that there is a Korean rock and rock factory, right?"
"Yes, that's right. It was in a Samsung factory, a Rock & Lock, or a Yen Phong industrial complex."
"Have you decided to enter Vietnam?”
"I even signed a contract. Near the Yanpong Industrial Complex, there was a 1,000 pyeong building with 2,000 pyeong of land. The electrical capacity and the water seemed to be fine."
"How long did you sign the contract?"
"I signed for 1.5 million dollars."
"$1.5 million?”
"I said I'd buy it in operating profit."
"Hmm."
"At the board meeting, they suddenly signed a contract saying it was approved by Mr. Choi. This could reduce dividends for the next year."
"Well, it's the board's approval, so I can't help it. Now that we've reduced our holdings, I don't know if we'll be able to get next year'
"Isn't he asking me to give up my non-executive audit?”
"Haha, should I? That's the board's approval."
Jang seemed worried that the non-executive audit allowance from Mogang Tech would be eliminated.
"There's a lot of rental factories, right?”
"A lot. The monthly rent for the rental plant was $2.5 per square meter."
"Then 1,000 square meters would be 2,500 dollars...... I don't think it's cheap."
"It's a little expensive because downtown Hanoi is close, but it seems to have the advantage of being easy to supply and demand."
"How much is the labor cost?"
"It's about $250 or so. Morgang Tech decided to send out its workforce right away."
"Really?"
"We finally have a Vietnamese young man who worked for Mogang Tech's partner company, so we decided to join together. She speaks Korean very well, too."
"Can you communicate well in stuttering Korean?”
"The head of Mogang Tech is like a manager, and he is fluent in English."
"Mogang Tech is an experienced company, so I'm sure you'll do well."
"A vice president of Pitestech has not signed a contract.
"Why? He didn't make it to Vietnam?"
"You seem to like the factory that they offer to vacate in March rather than the one that's empty now. It's not urgent right now, so he said he'd sign if he left in March."
"You seem to be a very careful person."
"I once again said I should come to Park Ninseong with President Kim Kyo-young."
"Maybe it's because of the installation of production facilities."
"I think there is a junior of President Kim Kyo-young among Samsung plant executives in Yanpong complex. They said they'd actually check what Samsung wanted."
"If Pitestech buys a factory, it's like Mogang Tech.”
"Maybe so. But Han seems to be thinking about leasing."
"If you have a chance to talk to a vice president, tell him I can buy it. We're a company with over 50 billion sales, so we're going to cover 1.5 million dollars in operating profit."
"Pitestech owns 100 percent of the company's shares, and that would reduce year-end dividends, right?
"I'll eat less. We're going to have to have a big sales volume to get listed on the KOSDAQ."
"That's not a lot of manufacturing sales."
"You know that the CEO of Mogang Tech has taken out a million shares of Mogang Tech this time, right?”
"I told you. Now that you're the number one shareholder, your neck seems to be strained."
"Haha, is that so?"
"And then I got a pinnacle from a vice president."
"What kind of Pinzan?"
"I asked him what he wanted to do when he got upset by J.S. Invest."
"You said too much."
"Of course I laughed and talked like a joke."
"Did you?"
"Laughing, Choi asked me what I would do if I bought a million shares when the stock price was low again and kicked out the chairman and the president at the next board meeting."
"Haha, that joke..."
"And right away, Mo Kang-tech's face hardened and his tail waned.”
said the station.
"As you all know, the fourth fund is 15 billion won invested by law firm Hwachon. So far, the fourth fund has been invested in Mogang Tech, and it's been shedding 3.5 million shares that we've acquired for the first time."
Assistant manager Choi Yu-na said.
"How much did you shake off?‘
"There were 500,000 shares in the first round, 500,000 shares in the second round, and Samsung's Harman merger theme this time, so we went up together and shook off a million shares when A-Tec went through the roof."
"Then you must have taken two million out of 3.5 million shares."
"Yes, there are currently 1.5 million shares left in Mogang Tech and 15 billion in cash."
Assistant Manager Choi Yu-na said with her eyes wide open.
"No, so 15 billion won invested, and 15 billion won in cash is enough for us, and we have 1.5 million more Morgang Tech shares that we haven't sold yet?”
"Yes, to be precise, I've earned the remaining 1.5 million shares."
"One and a half million shares! Oh my God!"
Choi Yu-na has been proud to make a lot of money by investing in U.S. stocks. But looking at it today, I realized that the profits he made were nothing.
Chang said.
"But when we have more assets, we should think about taking over companies and going to real estate rather than stocks."
asked assistant manager Choi Yu-na.
"Why is that?"
"The stock has a lot of risks. So far, we've been lucky to get a lot of returns, but there's no guarantee that this will continue."
"Yes, but."
"Our private equity firm has to keep its investment principal no matter what. If a customer's redemption request goes out of order, then we're closed."
"That would be so."
We're already starting to see some of the biggest private equity firms in the last year. So I think we need to go to real estate, which is a safe asset, even if the yield is small."
When I heard Jang say this, I thought of an American asset manager named Woods & Moore, whom Choi Yu-na said recently. He said he was interested in real estate in Korea. Up to $50 million was also intended for investment.
[How much is $50 million? They say the factory in Yen Phong Industrial Complex in Vietnam costs 1.5 million dollars... ...that's enough money to buy 33 factories. You can buy a whole industrial complex!]
50 million dollars is a little more than 50 billion dollars.
In Korea, a 50 billion won building is not that big if it does not generate finance.
The NH Nonghyup Capital Building in Yeouido, which I recently visited, was not that big.
It was a big building for others, but it looked small in the eyes of Choi Jun-
The building had been acquired by an asset management company for 110 billion won.
It's almost nine o'clock when the stock market opens.
I had to get up today to buy SillaJen.
I said, drinking the last remaining coffee.
"I heard a good word today. Thank you for coming back from your business trip to Vietnam. It's snowy today, so I'll buy lunch for you.“
"Hooray!"
When Hong yelled at me for buying lunch, Chang frowned and looked at Hong.
Assistant manager Hong crouched his neck again and fluttered his tongue.
I started to capture SillaJen today.
Korean Air stocks were showing beekeepers today. I only worked on buying SillaJen until I had lunch.
At lunchtime, at the suggestion of Assistant Manager Hong, seven members of my family went to Yeonpo-tang's house.
Here we also ate raw octopus and sea cucumbers with Yeonpo-t
The snow turned into sleet in the daytime.
Eating soup on a humid day made me feel warm. We also drank a glass of beer.
Chang said over a glass of beer.
"With the sleet falling, the unpaved roads in the mountain village will be hard to get around."
Looking out the window, Hong said.
"I wish it was snow!"
After the meal, we came up to the office.
The sleet turned into rain.
We rushed to the office with handkerchiefs on our heads.
I drank a cup of coffee and looked at the monitor and fell asleep sitting in a chair.
Maybe it was because I drank a glass of beer while eating Yeonpo-tang.
I turned my head to the side and woke up after a while, and it was already past 3 p.m.
The stock market was over.
Fortunately, about 15,000 shares of SillaJen were signed to buy and play.
It was a similar amount as usual.
I felt my mouth was stuffy and my eyes were puffy after I slept.
I ran to the Conrad Hotel Sauna.
I worked out and played sauna at the fitness center.
After the sauna, I was all sullen, so I dozed off in the sleeping room again.
It was raining outside, but it was a strange place because it was inside the hotel.
I didn't even know time was passing.
I looked at the clock and it was already past seven and it was almost eight.
"Is the time already like this?"
I remembered hanging my coat in the office while I was thinking of getting off here. I went back to the office. It was because the car key was in the coat pocket.
I thought all the employees had left work, but Assistant Manager Kim Hyung-sook was working alone with only the stand lights on.
"Oh! You didn't get off work."
"Mr. President? You didn't get off work."
"I came back from some exercise."
Assistant Manager Kim Hyung-sook raised her head.
I must have cried, so I wiped around my eyes with the back of my hand.
It was already dark outside and the rain that hit the window seemed to get stronger.
Confession in Tears