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After 3 p.m., the station and the train conductor came to my room.
It reported securing G Electronics and G Development shares with the money entrusted by the chairman of G Group.
“G Electronics in G001 Fund secured 1.08 million shares for an average purchase price of 46,000 won.”
“1.08 million shares?”
“Yes.”
“G Development, which is in G002 Fund, has secured 2.7 million shares at the unit price of 18,500 won.
“Thank you for your hard work.”
“G Electronics’ dividend per share was over 500 won last year. Dividend revenue is expected to exceed 500 million. G development is also over 200 won, so dividend income is expected to exceed 500 million won.
“Okay. Now forget about the G001 and G002 funds.”
“I’ll report to the boss later on the status of dividend payments.”
I was thinking of calling the head of the law firm, Hua Chun, for buying 100 billion won in shares, but I quit.
It was because the management of the money entrusted by the chairman of G Group is my responsibility, not the jurisdiction of the law firm, Hwacheon.
It is December 22nd.
Thirty-four non-Park lawmakers of the ruling Saenuri Party announced on the 27th that they would leave the party, making the first split of the conservative party a reality.
This led to public opinion that it was time for Ban to come to the surface.
At last, Tong Yang Moolsan and S.C. Engineering, which were bought from J.S. Invest as their own account, hit the upper limit.
General Manager Chang came into my room.
“Did you see the upper limit on Ban’s theme stocks, Tong Yang Logistics and S.C. Engineering?”
“I see. If the ceiling doesn’t break down, take it by tomorrow or throw it away today.”
“The station manager and Song will take care of themselves.”
“Our own account balance was 7.2 billion won, right?”
“Even if we sell it now, it’s going to be over 10 billion.”
I said with a smile.
“But can Ban really be elected president?”
“Well, the pro-Park and non-Park conservatives are sending love calls, but I don’t know because I don’t know until I run the election.”
“I’m sure expectations and concerns are fifty-fifty.”
“That’s right. Ban is an international player, so he’s well-informed and well-qualified, but I doubt how he’ll solve the mountain of domestic problems.”
“Yes, how sensitive and difficult to solve the problem of polarization in Korean society, youth unemployment, and irregular workers?”
“Yes, Mr. Ban has only four months left to go before the early presidential election. You have to come quickly and show the people something, but we don’t have much time.”
“We don’t know much about politics, but I’m glad the theme stocks did.”
“I was also worried about Tong Yang Moolsan and S.C. Engineering, but they did.”
“Did you say that Chairman Kim Jong-pil is from East to West?”
“Yes, we are supporters of the same Chungcheong region. It was a bit weak to be woven into theme stocks, but I gave it to him. Stsushi Engineering also went on a theme stock ride in September, so it looked weak, but I’m glad it went up.”
“What asset management company did you say S.C. Engineering invested in?”
“Yes, it’s invested by Pine Asia Asset Management.”
“I see.”
“So when G Group chairman’s money came in, I wanted to have an M&A with a listed company. How many companies have fallen into management right now and are anxiously waiting for the hands of investors?”
“You have money, but you can’t just invest.”
“We need to find companies that are making profits. They’re good at analyzing cars and stops like that, aren’t they?
“Yes, but…”
“There is a company called TS Investment that hit the ceiling today, not Ban’s theme stocks.”
“It looks like an investment company, not a manufacturing company, because it has the word Invest like JS Invest.”
“That’s right. It’s a small business start-up investment company. It’s a company that invests in start-ups and venture companies. Of course, we’ll have more assets than we do.”
“Is that so?”
Originally, this company has switched from a corporate restructuring company to a medium-term start-up investment company.“
“But since you hit the ceiling, where did you invest and hit the jackpot?”
“TS Investment recently hit the ceiling on news that it will invest more than 50 billion won in bio, healthcare and IT next year.”
“I heard that I made a lot of money by investing, but it didn’t go up, it went up from investing in the future.”
“Isn’t the original stock going up because of expectations or dreams? If Ban becomes president, it would be hard to see the benefits of Tong Yang Trading Co. and S.C. Engineering Co., which hit the ceiling today.”
“That’s true.”
Director Jang left my room and I called Assistant Manager Kim Hyung-sook.
“How’s your brother doing?””
“You mean my brother in Pitestech? You’re doing great.”
“If Mr. Lee Won-kyu asks you to sign an apartment contract, tell him I didn’t let him.”
“What? You don’t invest in apartments anymore? Didn’t you say you’d fill 50 units?”
“I asked Lee Won-kyu something. I’m going to start buying apartments again after I see them deal with it.”
“Okay. If Mr. Lee Won-kyu calls, I’ll tell him so.”
“Then go out and work.”
“Well… Mr. President.”
“Why, do you have anything to say?”
“We don’t invest in buildings? The real estate in Banpo, which we’ve met before, said it would give me a tip and recommended a profitable commercial building.”
“We don’t do commercial buildings.”
“Now, the rich in Gangnam have the highest preference for commercial buildings among the types of profitable real estate.”
“Is that so?”
“The level of Gangnam asset managers’ eyes on profit-type real estate rental returns is around 5 percent per year. But the commercial building is sure to have an annual yield of 6 percent.
As I told Mr. Kim Hyung-sook one day, JS Development is a temporary investment company. It’s a company that will be disbanded in 5 years. Maybe it’ll be disbanded in three years.”
“I know that.”
“If I had my money, I would invest in profitable commercial buildings, but all the money I’m investing in JS development now is a client deposit. We could be in a position to pay for a redemption request.”
“That’s true.”
“I’m buying an apartment now because it’s in the interest of a rental business, but if this benefit is lost, I don’t have to take JS development out.”
“I see what you mean.”
“Also, a multibillion-dollar commercial building may not be as good as a convertible apartment. Assistant manager Kim Hyung-sook, just do the apartment.”
“Okay, that’s the kind of call I’m just saying.”
Assistant manager Kim Hyung-sook greeted me and went out.
I went to the water purifier near the office for a cup of coffee.
Assistant manager Hong Ji-young was moving a large orchid flowerpot to the conference room.
“What am I, a flowerpot?”
“Jang told me that I had two pots in, and I told him to put one in the conference room. The atmosphere in the conference room will be revived if there’s a bit of trouble, right?”
“Where did the pot come in?”
“It’s from the president of Pitestech and the president of Mogang Tech. It’s a flowerpot to congratulate you on your promotion to the director.”
“Well, is that so?”
I assumed that Jang was sent by the presidents after hearing the news because he was appointed as a part-time auditor of Mogang Tech and Pites Tech.
“It’s a flowerpot.”
“Ho-ho, there’s a scent, too. Boss.”
I asked Assistant Manager Hong Ji-young to come to my room.
“You know December 29th is the closing of the stock market this year, right?”
“Is that so? Isn’t it the 30th?”
“No, it’s closed on the 29th, so it’s closed. So we’re going to have a year-end party that day. Didn’t you hear from Deputy Director Song?”
“Preparing for the year-end party is my job. That’s what the secretary does.”
“Maybe Song has been too busy running G001 and G002 funds to talk to Hong. We’re closed on the 29th and closed on the 30th, so I suggested we have a year-end party on Friday the 30th.”
“Then I’ll look for a restaurant around here and arrange it.”
“We’ve asked them to do it outdoors, not around here. I asked him to go to the house with the band. Mr. Hong, do you recognize him?”
“I can see. There are many such businesses in Songchu or Ilyoung.”
I felt a prick inside me when the Songchu story came out.
Because it was the place where I first had a relationship with Eunyeong on a rainy day.
“Songchu? How does Hong know Songchu?”
“I know. I lived in your city of Goyang when my family was in college. When I was in college, I went to MT.”
“Really? Then find out. But aren’t you going to know when you do a survey?”
“You can search and explore the Internet first. We need to look for a house with a microphone and a band.”
“It’s an outdoor year-end party, so do it during the day, not at night.”
“Okay. It’s perfect to go to Songchu or Ilyoung for lunch.”
“Then Hong, too, knows the reservoir on the other side of the mountain from Songchu Park?”
“Is that a reservoir?” I don’t know. I didn’t see the reservoir.”
The Kisan Reservoir, which has precious memories with me and Eunyeong, seemed to be unfamiliar with Hong Dae-
“Discuss well with the conductor and decide where to place it.”
“Okay,”
Kang Hyung-suk, who works for Pitestech, called.
“Oh, Kang Dae-ri, what are you doing?”
“Maybe you don’t have time this Saturday or the end of the year, do you?”“
“I don’t think I’ll be free this Saturday. I have to go somewhere with KBS announcer Park Un-young.”
I didn’t say I was going to Omihyang’s housewarming party.
Both Na and Kang Hyung-suk were friends who went to Oh Mi-hyang’s wedding ceremony because they didn’t want to give the impression that someone invited them and others didn’t.
“What about the end of the year?”
“At the end of the year, December 30, we have a year-end party for J.S. Invest. I have to be there.”
“Since I’m in charge of general affairs, Vice President Han Kwang-jin asked me to set a date for Piettek’s year-end party. That’s why I asked for the schedule of CEO Choi.”
“Pitestech year-end party? Why ask me about my schedule?”
“Han said he would like to attend the year-end party because Choi is also co-representative here. That’s why I’m asking.”
I should go because I’m a co-director, but I was really lazy.
But I didn’t want to go because I was the CEO of the mask, so I had to say something before the year-end party and drink alcohol.
“I’ve got a full schedule by the end of the year, what should I do? I’ll call the vice president directly because I can’t attend. We want to proceed with Pitestech under the supervision of President Kim Kyo-young and Vice President Han.”
“Hmm, is that right? Then you’ll be able to attend the New Year’s celebration?”
“New Year’s Eve?”
“I guess there are 150 employees here and they’re having a New Year’s celebration. He told me to schedule that, too.”
I’ve never attended a New Year’s celebration.
It didn’t seem to be a drinking day. He didn’t even attend the year-end party, but he couldn’t miss the ceremony.
“I’ll attend the New Year’s ceremony.”
“Thank you. Then I’ll keep that in mind.”
Mistakes in operating assets and unique accounts