Episode 186. Investor (3)
Jin Soo-hyeok, who had kept his mouth shut, also checked the contents of the document.
The expressions of Jin Soo-hyeok, Jin Yeon-seok, Jin Gyu-yeon, and Lee Seong-guk, who were reading one by one, hardened.
Then Kangsu said.
“As you can see, there are 13 people in total. There is no reaction to life other than the account used to buy the stock.”
In the personal information, there was a picture of the person’s address and some information.
However, all of them were either occupied by other people or were empty. In addition, the bigger problem was that the owners of borrowed-name accounts were all foreigners.
Others knew what it meant too. Jin Soo-hyeok asked cautiously.
“then… Are they all borrowed-name accounts?”
“Perhaps it is. First of all, if you look at the time and timing of the purchase, it will be that a certain person or organization has moved together. Otherwise, it cannot overlap like this.”
Lee Seong-guk from the side asked with a disbelieving expression.
“Huh—a borrowed-name account… . So, are you saying that our company is in a state of so-called operation stock?”
“you’re right. However, when looking at the chart, it seems to be a long-term war, not a short-term one. It was in a state of eating metallurgy metallurgy. In addition, it is estimated that if this rare earth fraud had occurred, a considerable amount of stocks would have been accumulated at that time.”
Lee Seong-guk subconsciously nodded at Kang-soo’s explanation. Jin Yeon-seok and Jin Soo-hyeok, who were listening together, blinked their eyes at Kang-soo.
Until just a few months ago, Kang-soo did not know much about stocks or management. But now, it showed the flow of stocks, terminology, and even speculation based on expectations.
It was like looking at a professional manager. It was completely different from when I was a manager.
Jin Soo-hyeok muttered while watching such a river.
“greatly… You seem to have studied a lot.”
“… I think it has increased because I have continued to do related work.”
“Then I’m glad. If you do— what are you going to do with the current situation?”
“If you add up each of the stocks currently identified under borrowed names… The accumulated amount is TC International… 7.2%, JY Holdings… 6.4%. This is an immediate estimate. There may be more hidden borrowed-name shares.”
Everyone was surprised by the percentage.
Both were giants with market capitalizations in the trillions.
Kangsu did not stop there and continued his explanation.
“If you substitute the percentage for the current total stock… The minimum amount of money invested in the collection is 100 billion won for TC International and 500 billion won for JY Holdings.”
It was calculated taking into account the average price according to recent stock fluctuations.
Even so, it couldn’t have been a staggering amount.
In response, Jin Yeon-seok salivated and spoke as if muttering.
“Big—if it’s really all borrowed-name accounts and someone moved them… . It’s not something to think about.”
This is because it meant knowing how to manage at least hundreds of billions of dollars meticulously and thoroughly over a long period of time. That too with a car name.
Lee Seong-guk also had a worried expression.
“How can we do this? Ah—would you like to freeze the account by filing a public interest report with the Financial Supervisory Service?”
That was a pretty good opinion. If that happens, the account will be stuck, and the person who manages the account will be tied up with hundreds of billions.
But Kang-soo had a different idea.
“Since I am a foreigner, even if I report public interest to the authorities, I don’t know if it will work. Besides, it would be a problem to find out how it was discovered.”
“ah-“
It was just like proving to yourself that you checked each person’s identity one by one.
At this, Kangsu thought deeply and said.
“Could you entrust this task entirely to me?”
“What are you going to do?”
“Is there a way?”
Lee Seong-guk and Jin Soo-hyeok waited for Kang-soo’s answer with a question.
“As for the account freeze, I will do my best to prevent the problem from spreading. And the rare earth side became a problem when the plate broke this time, right?”
“… It is.”
As the fraudulent fraud of a Chinese parent company was revealed, the contract that TC International agreed to supply to Korea also became dangerous.
Of course, Lee Seong-guk did not let go of his hand, so the urgent fire was put out at a loss. The problem was: The company could be at risk if it continued to lose money.
However, if the contract is broken, the customer will be taken away.
“The rare earth side has put a hand on it to quell additional urgent complaints for now.”
“what? How?”
Everyone was puzzled by Kangsu’s words.
Jinyeon Group also had an affiliate that handled rare earths called JY Chemicals. Of course, the business was carried out with rare earth supplies supplied by TC International.
Due to this incident, the supply of rare earths was temporarily delayed in the name of in-law relations.
I wondered what Kang-soo was doing in such a situation.
“Jinsong Chemical.”
“If that’s the case, isn’t it a place that has become dangerous due to the 100 billion won fraud this time?”
“We bought the rare earths that they had. Total 620 tons. It is 90 million won by lowering the purchase price per ton by about 10 million won from the current market price.”
Jin Yeon-seok, Lee Seong-guk, Jin Gyu-yeon, and Jin Soo-hyeok were shocked.
Then, Jin Gyu-yeon, my uncle, asked.
“You really bought it?”
“you’re right. The amount spent on it is about 55 billion.”
“You were the one who bought all the remaining rare earth elements from Jinsong Chemical!”
Lee Seong-guk also contacted Jinsong Chemical as soon as he heard the news of the crisis because the rare earths had been thrown away as the fraud case was resolved.
That was just yesterday.
But I heard that someone has already completed the purchase. Within a few days, someone had snatched it up first.
“I will give it to TC International at 9,500 per ton. How is it? And since the goods are already in Korea, there are no shipping costs or customs fees.”
“under-“
It was five million won lower than the market price. In addition, the additional conditions were also good.
Everyone was dumbfounded at the sight of Kang-soo moving ahead of him several times. I couldn’t understand how Kang-soo, who had only started running the business for a few months, was able to act like he is now.
In response, Jin Soo-hyeok tapped Kang-su’s shoulder, who was sitting next to him.
“It’s really amazing.”
“I was lucky.”
The timing of the danger of Jinsong Chemical and the crisis of TC International matched exquisitely.
Because Kang-soo had information from both places, he was able to contact Jinsong Chemical as soon as the fraudulent news broke out and purchase rare earths at an appropriate price.
If it had been another company, it would have slashed the price of rare earths like a mackerel, taking advantage of the crisis at Jinsong Chemical.
Of course, Jinsong Chemical knew that well, so it set the right price for the first precipitation.
At the embarrassing development of the situation, Lee Seong-guk looked at Jin Yeon-seok and muttered.
“It’s something I’ve been struggling with, but it seems to be resolved this way.”
“Thanks to my grandson’s insight. Heh heh heh—!”
“You must be proud of having great grandchildren.”
“Of course not!”
A relay of praise and admiration continued for a long time.
While the two were having a conversation, Kang-soo cautiously intervened.
“Anyway, I will be in charge of the list of shareholders for borrowed-name accounts. And I want you to pretend you don’t know what’s going on in that case.”
Jin Yeon-seok was worried about Kang-soo’s request.
“Can’t you tell me what you’re trying to do?”
“Knowing that could hurt you.”
“Hmm… … .”
I was going to proceed without saying anything about the river.
However, if you didn’t know anything and the connection point was revealed, you could suffer unnecessary damage.
“i get it. don’t mind.”
“Are you really okay?”
Despite Jin Yeon-seok’s answer, Jin Soo-hyeok’s concerns only grew.
It was because Kang-soo looked like he was trying to do everything by himself.
“I’m used to things like this, so it’s okay.”
“guy… … .”
The atmosphere calmed down.
Then, a knock rang through the room.
Knock-knock-knock-
After that, the voice of Jin Woo-yeon, who was quiet and urgent, was heard.
“grandfather! grandfather! I’m in trouble!”
“You may come in.”
The door opened and Jin Woo-yeon had a serious expression.
The atmosphere of those who saw her face became serious.
“What’s going on?”
“My mom said that everyone might be hungry, so I made a dessert. I hadn’t seen it before, so it must have been in the kitchen. The dessert is called ‘Oriental Peach Pancake’.”
“… … .”
Everyone’s expression hardened.
At that time, Lee Ji-yoon’s voice came through the open door.
“Everyone go out! Come and have dessert!”
The mood got more serious. Because the food has already been made.
Then Jin Yeon-seok asked belatedly.
“What is your mother doing?”
I couldn’t cook without any hints. So, the first line of defense against Lee Ji-yoon’s cooking was the helper who was in charge of the kitchen.
“They said it was a surprise and held it next to them!”
“Big—”
it was properly planned.
At that time, Lee Seong-guk quietly called Jin Gyu-yeon.
“Jin West… … .”
“Yes, father-in-law.”
“You solve it.”
“… yes?”
“Isn’t that your wife?”
Jin Gyu-yeon was dumbfounded.
“Aren’t you also the daughter of your father-in-law?”
“greatness-!”
Everyone was busy avoiding it.
At that moment, exclamations erupted from the kitchen.
“Wow— Delicious!”
It was Jack’s voice. Those in the study heard the sound and cautiously went out.
At the table in front of the kitchen, Jack was sitting and eating something that looked like pancakes (?).
“what? Is it really good?”
Jin Woo-yeon, who was the first to make a fuss, was the first to approach with curiosity.
At that time, Kang-su grabbed Jin Woo-yeon’s shoulder.
“… why?”
“That friend, I just eat anything well.”
“huh? really?”
Jack Cortez. Not long ago, he roamed remote areas as an active freelance mercenary.
Mercenaries are usually self-sufficient and provide nutrients when food is scarce.
There, they start by hunting animals, and then find and eat bugs that are rich in protein.
In such a situation, Jack was one of those people who enjoyed chewing on bugs.
The ‘Oriental Peach Pancake’ on the table quickly disappeared.
“oh-! Is it that delicious?”
“Really delicious.”
Everyone watched it and started cheering inwardly.
‘Eat them all! Eat it all!’
The palm-sized pancakes went into Jack’s mouth two or three at a time.
Lee Ji-yoon was delighted with the first reaction and continued to bake the dough in the container. In the meantime, Simon, who was standing on one side of the restaurant, cautiously got up and approached Kang-su.
Kangsu cautiously asked in Swahili when Simon’s expression was not serious.
“Have you tasted it?”
Kangsu was curious as he hadn’t tried Lee Jiyoon’s cooking yet.
“Did you say you were my aunt?”
“… yes, a lot… Is it bad?”
“… Do you remember the Bakalu tribe in Congo?”
It was a tribe that I visited after working together for a while during my mercenary days.
“I remember.”
“The oatmeal porridge you ate there?”
“How can I forget? I still have nightmares sometimes.”
“Almost 10 times that… … .”
At that time, Kangsu took a bite and ran out of the tent.
Of course Simon was there too. And only Jack ate deliciously.
While the conversation was going on, Jack ate all the Korean peach pancakes made by Lee Ji-yoon.
“oh! It’s all gone, what should I do?”
“Ah— are there really no more?”
Jack was truly sorry.
At the same time, the family sighed slightly in relief when they saw Jack and Lee Ji-yoon.
Returning life of a retired S-class mercenary