This morning's meeting was going strangely.
We talked about volunteer work in the dosshouse, and the atmosphere became strange.
It occurred to me that the real estate story only caused the relative deprivation of the employees.
I pondered over what kind of house the employees live.
The male employees knew that they lived in Yeongdeungpo-gu or Dongjak-gu, near their workplace in Yeouido.
Assistant Manager Kim Hyung-sook lives in Geumcheon-gu and Assistant Manager Hong Ji-young lives in Eunpyeong-gu.
As acting Choi Yu-na is from the U.S., she lives in a studio apartment.
None of our employees lived in Gangnam apartment.
Their ultimate goal would be to live in Gangnam.
Especially when my child is getting older and going to school, I thought that such desire would be more.
Moreover, they must have seen me buying as many as 50 apartments in Gangnam with great financial power.
Gangnam apartment with good transportation, good infrastructure, and good school district must go up.]
I wanted to let our employees live in Gangnam.
But it didn't cost a penny or two, so I couldn't help it. But I can't even lend you my hard-earned money!
[How can we get our employees to buy a decent apartment near work, if not Gangnam?]
I decided to think about this problem.
When employees become rich, loyalty to the company is added.
As I was lost in thought without saying anything, Chang said, "Let's end the meeting."
I came to my room.
After stretching once, I turned on the computer.
SillaJen was strong today as well. Korean Air was also moving up and down the 30,000 won line.
I was looking at the stock price chart when I got a call from real estate agent Lee Won-kyu.
"Mr. President, have you seen the newspaper? Real estate is going up after sleeping. The boss bought real estate at an exquisite time."
"I don't care about going up further. That's because I bought a house for myself, rather than for investment purposes."
"Haha, I know that."
"Also, buying 50 apartments in Gangnam is from funds invested by customers, so what's my personal gain? But I'm happy to hear that."
"It's going to go up further. It will go up even more next year. You'll see. In an era of low interest rates, real estate is the only place to go?"
"Looking at the rise in real estate, it seems like a lot of money is being released in an era of low interest rates.”
"I heard that a lot of small and medium-sized business policy funds will be released this time. It's 186 trillion won a year. When this money is released, we'll have to spend it to normalize the management of small and medium-sized enterprises, and there will be some people who are going to invest in real estate."
"You don't have to do that?"
"You and I are even setting up brokers to get a policy loan for small and medium-”
"Even a broker? The loan is based on the ability of the loan applicant, but would you give it to anyone like a dog when a broker appears?"
"The brokers ask for a commission on the condition that they get a loan, and they ask for a maximum of 20 percent compensation. If you borrow a billion won, you're asking for 200 million."
"Ay, you must be kidding. Who borrows money for so much?"
"Think about it, boss. Would it be better to give you a commission if I get 1.4 billion won next year when I bought an apartment worth 1 billion won? Won't you get better?"
"Well, that's... ..."
"I took the policy funds of small and medium-sized enterprises as an example, and there are many smart people who want to invest in real estate without fail if they have other loan products. A world where homeless people can't live."
"If real estate were to soar so irrationally, would the government stay still? I'll pay for it with tax."
"Haigo, and tax resistance will come right away. It's not speculation, it's just a flesh-and-blood purchase, but it's going to pour out into the streets. I'll tell them to step down."
"Well."
"Tell your staff to buy an apartment now. I'll take the good stuff out first and then broker it for you."
"Okay."
"The vice president, Hubert Palmer, you know, has now bought up to three apartments in Gangnam with gap investments. I'm going home with him."
"I heard you bought up to two, but you bought up to three.”
"Oh, I saw in the paper that you became the vice president of the Korea-U.S. Businessmen's Club. Congratulations."
"It's just a social group."
"I'm happy to know someone like you. Please call me anytime if you need to run an errand."
It's lunch time.
I left the office with General Manager Chang.
They ate rice cake dumpling soup.
"There was a call from Lee Won-kyu earlier. I hear you're trying to get a loan from each other's policy funds for small businesses."
"They'll try to get each other's money because the interest is cheap."
"Some of us are going to take it and invest in real estate, right?"”
"I'm sure there are. Some self-employed people now buy homes with operating loans. It's because housing prices are going up."
"There's a lot of money on the market.”
"These days, there are a lot of big companies with billions of won in annual salary, right? Moreover, it is an era where couples make money, so they have accumulated money. Real estate will soar just like stocks when it's on demand."
"Shall we?"
"By next year, even those in their 20s and 30s, if they don't have money, will try to attract their souls to buy a house."
"Oh, my. I don't have money on one side..."
We both ate rice cake dumpling soup without a word.
I asked again.
"If house prices go up, let's ask the director, Song, and Jeong to buy an apartment.”
"I don't think I'll get a lot of loans because I have no collateral. Of course, Jung and Song get paid hundreds of millions of won a year, so they get credit.m. But there's a limit to credit."
"You mean you can't borrow enough money from the bank to buy a house."
"Yes, you must provide security. Song and Chung are young people and don't have real estate to provide collateral."
"I see."
"If young people are buying their homes now, they should be at least 10 years old at work, and if they are in their 20s and 30s, they will be able to do so with parental support."
I came up to the office and drank coffee.
It was best to drink coffee while looking at the whole view of Yeouido after lunch.
Before I go to meet Linda Sim, I opened the HTS to check the stock price.
SillaJen was still going up well.
Gamma Nu, Degens and Asta hit the ceiling today. They were small companies.
Gamma Nu is a company specializing in electronic components and has hit the ceiling due to expectations of financing such as third-party allocated paid-in capital increase.
I smiled a bitter smile.
Not long ago, S production, which I invested in, was not a paid-in capital increase, but it soared due to the success of the investment in convertible bonds.
Gamma Nu, however, also hit the ceiling on expectations of financing.
Digens hit the ceiling on news of its investment proposal to build a tourism and leisure town, while Asta hit the ceiling on the fact that it is in the business of manufacturing dementia diagnoses. Small companies often hit the ceiling easily for small favorable factors.
However, stocks like Samsung Electronics, which is a large-cap stock, are difficult to create an upper limit.
SillaJen is also soaring, but it is difficult to make an upper price.
This was because such stocks should not be allowed to empty all the money they have to make the upper limit.
I brushed my teeth, patted my hair, and tied my tie again.
Then I went to meet Linda Sim.
I went to the Conrad Hotel.
Linda Sim hasn't arrived yet.
I was sitting in a coffee shop and looking at my smartphone when Linda Sim came.
All the nails were painted red with loud make-up.
As soon as Linda Sim sat on the chair, she twisted her legs first.
"Sorry! I'm on my way back from meeting the president of Group A's state bank.”
"A bank manager? Not a branch manager, but a bank manager?”
"The chairman of the chaebol group doesn't deal with the branch manager. I deal with a bank president or president."
"Is that so?"
When Moellis & Co.'s chief fund manager comes to Korea, he also meets with the chairman of the chaebol or the head of the bank. So it's an honor for Mr. Choi! To meet me.‘
"We don't have to meet!"
"Hoo hoo hoo. If you don't meet me, you'll hover around the country and end up? Are you going to ring the bell of your life after hovering only in a small Korean land?”
"How's Group A going?“
"More than that, announcer Park Un-young, Choi's wife, was so pretty. You look so much prettier in person than on TV. We're the same woman, and I'm so jealous."
"We're already married. There's no need to be jealous or anything.”
Linda Sim suddenly looked up at the ceiling of the hotel coffee shop and lamented.
"Oh, how did heaven give birth to Park Un-yong and give birth to me! If it weren't for Park Un-young, you'd be my man!"
"It seems like Zhu Yu of Onara, who is always in the Three Kingdoms, is saying something.”
"Hoo-hoo, I'm also a man of the Romance of the Three Kings.“
"It's a surprise that you're playing games, too."
"Hey! Mr. Choi! Life is a game! Mr. Choi came all the way here in a game, didn't he?”
Linda Sim then closed one eye and winked.
"What did you talk about when you met the bank president?"
"The bank lent more money to Group A than I thought.”
Linda Sim then took out a document from her designer handbag and shook it in front of me.
"This is the status of loans borrowed from Group A to the bank. Other than this, borrowed money from other banks isn't even in here. The bank I visited today, for example, is the first creditor."
"That's what it's going to be. How much do you owe me?"
"Over 200 percent! Some affiliates are over 400%.”
"Over 400 percent? That many?"
"You stupid CEO Choi! Do you know that chaebol in Korea only have companies like Samsung and Lotte? There are a lot of chaebol that own companies with over 400 percent debt."
"That's too much."
"You look close, don't you?" Still, he's good at it's good. If you have a lot of debt, you can't even afford a bank. Choi, do you know how to go? It's a dead horse! Big words don't die easily.”
"There's something I've heard somewhere!"
"Do you know how many of Korea's top 30 conglomerates' affiliates are under capital erosion or have a debt-to-equity ratio exceeding 200 percent?"
"How much is it?"
"It's 324, 25 percent of the total.”
"So many?“
"Among them, 89 companies, or 7.1% of the total, have more capital erosion affiliates than assets, and 235, or 18.7% of the total, have debt ratios exceeding 200%."
"Amazing."
"From the point of view of the chaebol, would they want to sell these companies? You don't want to sell it?”
"That's what you want to clear up."
"As expected, Mr. Choi is smart."
Linda Sim called me Mr.Choi and Mr.Choi.
He sang at his own pleasure.
Such a woman's careless talk to me as a sign of friendliness was acceptable.
Anyway, it was because she must be a strange, husky, but charming woman.
That's why he met with chaebol and bank presidents against the backdrop of his beauty and senior fund manager at a global private equity firm.
"There's a lot of trouble for the chaebol, too.”
"Hey, Mr. Choi! Daewoo Shipbuilding & Marine Engineering Group is at a financial risk of 50 percent, including one capital erosion out of 14 affiliates, six with debt ratios exceeding 200 percent.”
"Is that so?"
Booyoung Group has four capital erosion and six companies with debt ratios exceeding 200 percent. Bad affiliates make up 45.5% of the total."
"Is that so?"
Among the 28 affiliates, the Kumho Asiana Group also has 12 companies whose debt ratio exceeds 200 percent. It's 42.9 percent of course.
"Kumho Asiana is difficult, too."
"In addition, CJ Group and Hyosung Group also have many affiliates whose financial status is at risk."
Linda Sim suddenly pressed her face against my face.
There was a strong smell of cosmetics.
"Hey! Mr. Choi! Don't you want to take over a chaebol affiliate with a debt ratio of 400 percent?"
Linda Review Gift