General Manager Chang kept telling me, sitting in a chair.
"Group A fighting against creditors is rocking with eggs."
"Shall we?"
"If we lose our end-of-life profits, it's very dangerous. I've seen a lot of companies going through due diligence and collapsing due to loss of profits."
Loss of due profit means the withdrawal of loans that the financial period lent to the debtor before maturity.
This happens when the debtor is behind in interest.
In other words, if the financial period determines that the credit risk of the debtor has increased, it refers to the right to collect the remaining debt at a time even before the maturity of the loan.
For example, if a person borrows money with a maturity of three years but starts to lose interest in a year, he or she starts collecting money immediately without waiting for three years.
"The creditors don't let it go."
"If the interest and principal are not paid due to the loss of the term profit, the creditor immediately files a lawsuit with the court for the return of the loan."
"But if I hold out, will I be locked up?”
"Yes, Group A is at risk of collapsing other affiliates. A chaebol chairman often takes over big companies and becomes the winner's curse."
"The winner's curse?"
"Winner's curse is a situation in which you win a competition but you spend too much money to win."
"You mean you're facing a headwind."
"The winner's curse came from an auction of offshore oil mining rights in Texas in the 1950s."
"Really?"
"At the time, the overheated auction atmosphere set the winning bid too much than it really was. That's where it comes from.
"I see."
"These days, we're talking about chaebols being upset because they overpaid for their acquisition costs."
"Then Group A is likely to be cursed by the winner.”
"That's why we need to restructure now. However, Group A chairman said, "There is a possibility that we will lobby for K construction because it is too bad and hurts our pride."
"Group A's share price seems to be going down a lot right now.”
"It's probably because the financial structure of a company is dangerous. We're going to have to restructure or vomit K Construction to get the stock back."
"I'm sure."
"But it seems like foreigners are buying A Chemical shares."
"Really? Why?"
"I saw it as a long war. The A-chemistry itself is a company with a surplus, so you'll expect it to recover someday. These people look forward to two, three years."
"That means ants can't last two or three years."
"Yes, ants have no money to spare and even borrow, so it's hard to invest for that long period of time. It's also uncertain when the restructuring will take place."
"Hmm."
I nodded.
After Chang left my room, I looked at the investor-specific trading trends in A Chemical shares.
There is no institutional trend, but foreigners are buying steadily.
The current crisis in Group A has caused shares of A Chemical to hit a 52-week low, but foreigners' shares have been increasing.
Six months ago, the 2.5 percent stake was now exceeding 7.5 percent.
As foreigners do, the agency's movements have not changed much.
The next day, the A-chemistry seemed to rise slightly.
When stock prices stopped flowing after endless falls, people seemed to think they were losing ground.
Then it plummeted again.
It was because A Chemical announced that it would provide payment guarantees to K Construction to raise all of its funds.
Investors went wild.
"What happened to this? The basement floor has been breached!"
"The chairman, step down. Why is A Chemical bleeding because of K Construction?"
"Keeking. It's still before the Han River freezes. You guys, Han River Bridge is close to Nodeul Station on Line 9."
"Here the ice gods still can't escape and whine!"
"There's a whole company like this? Screw a company like X!"
I sighed lightly.
I could see the desperate ants in my eyes.
Indeed, an article was published in the evening that a person in his 40s who invested in Group A was arrested for assault.
The man had failed to invest his mortgage in Group A. So he went to his ex-wife and was arrested for assaulting her.
He was a really unlucky guy who had to be careful about stocks.
He made a mistake and lost all his property in an instant, and his wife and himself were arrested.
Every time I read an article like this, I got mixed up as a stockholder.
By September, the management submitted a leave of absence to KBS.
It seemed that it was because now I could see that I was full.
In addition, Eunyeong's boss at her workplace encouraged her to take a rest after seeing her struggling.
Eunyeong decided to attend only the Graduate School of Media and Information.
"You can drive well alone, can't you?”
"It's okay still. I think I can drive alone until winter vacation."
"Tell me whenever you need a driver. I'll arrange it for you.”
"Thank you."
Eunyeong was more relaxed than when she was an announcer.
In fact, the announcer has always been a series of tension. I was worried that I would make a mistake.
Also, I had to pay a lot of attention to grooming.
But I didn't have to do that because I only went to school.
Moreover, graduate schools did not tighten their studies.
It's not the time to write a report yet, so I could sit at my desk and listen to professors' lectures.
On Saturday and Sunday I was always with Eunyeong.
I wasn't the kind of person who played golf or drank with my friends.
I was happy to be always with my beautiful wife, Eunyeong.
So I went with Eunyeong when I went to the mart or department store.
Once an old lady living in the neighborhood looked at us and said,
"You always hold hands. I think Geum Seul is good. Oh, no! You have a baby in your stomach. Now you'll be busy being born with a pouting."
I couldn't believe I was the father of a baby.
Eunyeong was very interested in children.
When someone came with the baby in the stroller, he always ran and talked to the baby mother.
He would hold the baby's hand, asking how old the baby was.
The mothers would have hated it if someone else held her hand, but they liked it better because it was held by pretty Eunyeong.
In fact, there was a time when a ragged old lady in the subway was scolded by her mother for holding her hand because the baby was pretty.
The mother yelled at him not to touch her with dirty hands.
Monday, September 4th.
The faces of the participants in this morning's meeting were not very cheerful.
That was because North Korea conducted its sixth nuclear test yesterday.
This was because this would increase concerns about geopolitical risks.
I said it first.
"The market is not going to be good today because of yesterday's nuclear test."
answered Chang.
"You'll be affected.”
Assistant manager Hong was furious.
"Oh, why do these guys blow their brains out when they're bored? It's already the sixth time."
Chung smiled and said.
"They did it to raise their share price to the U.S. ahead of the anniversary of the founding of the North Korean regime on Sept. 9."
Assistant manager Choi Yu-na asked with an anxious look.
"Will this not lead to a war?"
"It's a war. Do you think it's me? We'll just get into each other's form."
Jang said, looking in the face of deputy Choi Yu-na.
"Assistant Manager Choi. The U.S. game is good, right?”
"Yes, the U.S. economy will not shrink. The manufacturing index is better than the previous month."
"Then I think the Korean stock market will have a limited fall..."
I said.
"I don't know if today's market is going to be bad. If possible, today's deal should be approached from a conservative perspective."
"Okay."
I finished the meeting and looked at the market.
Most of the events were marked with shriveled notes on the charts.
I wondered if SillaJen would do the same.
It was best to just play on a day like this.
I decided to go around Yeouido park.
I was walking in Yeouido Park and stopped by Youngpoong Bookstore in IFC Mall again.
I bought a couple of management books here. I bought it with a corporate credit card.
I bought the books I buy without any burden because they are paid for the printing of the books by the company.
When I bought the book, it was already past 11 a.m.
I opened the HTS and looked at stocks of interest.
Also, most shares were in negative territory.
Surprisingly, however, only SillaJen was spouting red pillars.
"Huh?"
SillaJen was up 6 percent to 28,100 won.
"Wow, you've gone up 1,600 won."
I looked at my valuation. It was 68.3 billion won.
"Now 65 billion won in loans from E Tower Building remains to be paid back!"
If this happens, I will have no debt for buying 50 Gangnam apartments.
I have a desire to clean up SillaJen at this point.
"You've come up a lot. Should we go up any more?”
I was thinking about this, and I felt like I could hear a voice in the bookcase behind my back.
Are you going to eat that and clean up?]
I faltered.
This time, Linda's voice seemed to be heard.
[Ho Ho Ho. Mr. Choi, I thought you were a big star, but you were a timid Korean man. So what's the big deal?]
I have a hunch.
"Hey, go, go, go, go!
If I stayed in the office, my hands were itching and I felt like selling SillaJen.
I thought I'd have to come with a little wind.
I came out to the office.
And said to Hong.
"Assistant Manager Hong! I'm going out for a while."
"It's almost lunchtime. Are you going alone?”
"That's what happened.
However, Choi, who was next to him, was leaving the office as soon as he received the call.
I asked Assistant Manager Hong.
"Assistant Manager Choi is running out like that even though it's not lunch time yet. What's the matter?"
"I think we have a visitor from America."
"Really?"
"I didn't say anything, but I heard you talking to someone on the phone. When you asked me when I came to Korea, I thought so."
"Really? Maybe you're just going to meet for lunch."
I went to a Chinese restaurant alone and ordered jjamppong.
And went to Conrad Hotel Sauna.
Soaking himself in the bath and sticking his neck out, he was lost in thought to himself.
[Don't you think it's better to sell the phillazene now?] Then should I pay off my debts with this money and clean up 50 apartments? And buy shares of G Electronics and G Development? It'll take a few days to buy 100 billion worth of this, too.]
[No. Since SillaJen is now in motion, wouldn't it be better to leave it until the end of the year? It's early September, so there's not much time left until the end of the year.]
[No, I could go down if I do that. Look at Group A chairman. Aren't you having a hard time being greedy like me? Isn't the group shaking while trying to be greedy? Isn't there no law against me?]
I had all sorts of thoughts of stars.
The idea of fate and not selling was changing from moment to moment.
After finishing the sauna and applying lotion on my face, I felt much lighter.
I called real estate agent Lee Won-kyu from the lounge.
"It's me."
"Oh yes, Mr. Choi."
"How much would I get if I sold 50 apartments in Gangnam that I have now?"
"Well, I know the acquisition cost was 95 billion won, but wouldn't 120 billion come in now?”
"Then, shall we sell it now?"
"Yes?"
"I mean to sell."
"You can't do that. If you sell it without holding it for a year, you will receive a lot of capital gains tax. What's wrong with the apartment that's going up well now?"
the police force