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Real Man-Chapter 742
Chapter 742
Yoo-hyun sat up straight and went straight to the point.
“The problem is that Elliot has too much stake in the company, right?”
“Yeah. They have absolute power over the conversion to a holding company. No matter who becomes the chairman, they can’t stop them.”
“Then can’t we make Elliot sell their shares first?”
“Why would they do that unless Hansung goes bankrupt? Why would they sell the hard-to-get Hansung Electronics shares?”
Park Young-hoon’s words had no logical flaws.
Yoo-hyun changed the situation and asked again.
“What if there was a chance to buy back Hansung Electronics stocks at a dirt-cheap price?”
“Are you saying we should collude with the owner?”
“Yeah. For example, we could pretend that Hansung Electronics is breaking away from Hansung Group and then buy it back and go back on our word.”
There were many scenarios we could make.
We could split Hansung Electronics according to the rumors in the market. We could also use the acquisition of Shinwa Semiconductor as an excuse to get rid of it.
It didn’t mean we would really do that. It meant we could make them believe that.
Park Young-hoon was incredulous.
“Are you kidding? That would cause a huge social friction. Hansung Electronics is a big company, you know?”
“Do you think there is no possibility at all?”
“It’s impossible. The political and creditor groups would have to turn a blind eye. And we would have to block all the other capitals from invading. Do you think that’s possible?”
“What if it is?”
“It still won’t work. To make a profit, the speculative capital would have to shake it until there is a rumor that Hansung Electronics is going to collapse. That would ruin the company internally.”
It meant that even if we survived the storm, we would end up with a ragged company.
In the process, many employees and partner companies would suffer a lot of damage.
Yoo-hyun muttered to himself.
“That person doesn’t care about that.”
“What?”
“Never mind. By the way, when will this start operating?”
“What do you mean by operating? Well, the setting is done, so we’ll try it slowly from next week.”
“Can you speed up the schedule?”
Park Young-hoon tilted his head at Yoo-hyun’s question.
“Why? What’s going on?”
“Well. There is something. To make your grand dream come true.”
“Grand dream?”
“What I mean is…”
Park Young-hoon drank his coffee without much thought and listened to Yoo-hyun’s plan.
Then his eyes blinked and his eyebrows twitched. He finally spat out the coffee he was drinking.
“Pfft. Are you crazy?”
“I’m not crazy, so I’m preparing. I’ll be back from the US soon.”
“Wow…”
Park Young-hoon couldn’t close his mouth.
All kinds of rumors about Hansung Electronics poured out, but no one thought it would go bankrupt.
It was because of the trust in the representative company of Korea.
But a news that could break this trust came out.
Shin Cheonsik, the former vice president, was a member of the Banggye clan, but he was also part of the owner family.
It was not a simple sale. It meant that the owner’s controlling stake was gone.
Starting from him, the owner family’s shares poured out one after another. The market began to shake.
The news that followed was decisive.
As the situation became more anxious, the stock price hit the bottom.
It was a situation where we had to defend the stock price, but it was impossible for Hansung Group, which had a dry capital.
No one tried to take advantage of the situation from the competing companies.
Even Elliot, the largest shareholder, started to sell their shares.
It was unprecedented.
A strong image that Hansung Electronics might go bankrupt was imprinted on people’s minds.
No one invests in a company that is going to fail.
Everyone sold their stocks. Hansung Electronics had to go through the coldest winter.
It happened in a week while Yoo-hyun was in the US.
Only one person.
There was someone who had a completely different idea in this situation.
It was Park Young-hoon, the representative of Mirinae Securities.
The moment he saw the message on the monitor screen, a curse came out of his mouth.
“Han Yoo-hyun. You crazy bastard.”
He was that shocked.
After a while, when he came to his senses, a director of Mirinae Securities approached him.
“Sir. All the employees are on standby.”
“What about the setting?”
“It’s done. We can start as soon as you give the order.”
“Wait a minute.”
Park Young-hoon reached out and stopped the director. He picked up his phone.
It was not a decision he could make by himself.
At that time.
Yoo-hyun, who had arrived in the country, met Jeong Da-hye, who came to pick him up at the airport.
Just as they were about to hug for the reunion, a call came from Park Young-hoon.
A sigh came out of Yoo-hyun’s mouth.
“Ugh. This guy can’t get the timing right.”
“Answer it. Young-hoon must be having a hard time these days.”
“Yes. Just a moment.”
As Yoo-hyun answered the phone, Park Young-hoon’s voice came out like a machine gun.
-Hey. Are you really going to do that crazy operation?
“Of course. Why do you think I went to the US for nothing?
-Ha… Can I trust you?
“You can’t trust the brother who was lost in front of Mijin. But you can trust the brother’s ambition that he had when he was a salaryman.”
-You’re talking nonsense. Fine. Hang up.
Click.
Yoo-hyun looked at the phone that was hung up and chuckled. Jeong Da-hye asked.
“Why did Young-hoon say something about going to the US?”
“It’s not that. He seems to have something to buy, but he’s hesitating.”
“Since you mentioned Mijin, did he miss the chance to give her a gift for the end of the year? Or for Christmas?”
“Do you have to make me hear that?”
Yoo-hyun felt a prick and Jeong Da-hye spat out a spiteful word.
“Of course not. I had no complaints about spending my first Christmas in Korea alone. I was busy updating WithH.”
“Oh. I see…”
“I’m kidding.”
Jeong Da-hye poked his side and laughed heartily.
Yoo-hyun knew that she was trying to make him feel comfortable.
He smiled and held her hand.
“Let’s have our belated Christmas party today.”
“Sounds good. How was your business trip to the US? Did you meet Paul Graham?”
“Yes, I did.”
“What did you do?”
“Nothing much. I just collected some money that I was owed.”
“Oh. I see. That must be the bonus for the shale oil investment success.”
“That’s right. And I also stopped by Facebook. And there I…”
Yoo-hyun walked and told her the story of what happened in the US.
He left out some key details, but he had no trouble conveying the gist.
Meanwhile, in the conference room of the Innovation Strategy Department.
Baek Imki, the executive in charge of management strategy, who was leading the emergency mode, opened his mouth heavily.
“We should prepare for the worst situation before it’s too late.”
“What do you mean? Are you saying we should back down now?”
Park Doo-sik, the deputy manager, asked sharply. Yoo Seokwon, the team leader from the management strategy department, retorted.
“Park deputy manager, I know you worked hard in the infrastructure strategy department, but put aside your personal feelings. We have to think rationally.”
“But still. Didn’t the vice president trust us and ask us to do our best?”
“It’s no use defending the stock price with the vice president’s personal funds. The public opinion is like this. The major shareholders won’t react at the temporary general meeting.”
In other words, they had no money.
No one picked up the stocks that Elliot threw at the bottom price. The trade itself was not happening.
The market already thought that Hansung Electronics was over.
Baek Imki added a word.
“If we keep this up, we’ll be dragged down before the temporary general meeting. The situation is serious.”
“…”
The word ‘give up’ entered everyone’s mind along with the silence.
The situation was desperate.
The news that rubbed salt into the wound came out.
Shin Kyungsoo checked the content in the newspaper and asked calmly.
“Brother, you must be feeling uneasy.”
“I want to hold on, but I’ll be dragged down soon. It’ll be a headache.”
Shin Kyungsoo smiled at Choi Jaegi’s words.
“I guess so. But what were you going to say earlier?”
“Well… There’s a place that’s buying a little bit of Elliot’s stake in the market right now.”
“Where?”
“It’s called Mirinae Securities. It’s a small brokerage firm. I excluded them when I sent the cooperation document to the brokerage firms.”
“They must be moths drawn to the smell of money.”
“Should we warn them?”
“Why bother? We should show them that if they covet what’s not theirs, they’ll be humiliated.”
“Okay. Then we’ll go with the Wall Street style.”
Choi Jaegi smiled wickedly.
Two days later, Yoo-hyun entered the Mirinae branch on the third floor of the building.
They all looked tired from having a meeting all night.
Tap tap tap.
But they were still working hard with their noses on the monitor.
From a distance, Park Young-hoon’s voice full of spirit was heard.
“Kang assistant, slow down the buying speed. You have to bluff like you have no money.”
“An manager, tune the stock bot to focus on foreign trading.”
“Kim director, follow me. We’ll settle this today.”
“Yes, sir.”
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They looked very different from when they were watching the employees at Double W.
He felt like he finally wore his own clothes.
Yoo-hyun chuckled and put down the drink box he brought in the corner. He sat down in an empty seat.
There was no reason to bother them when they were working hard.
On the monitor screen, their work history was uploaded at an incredibly fast speed.
The graph linked to the stock bot was shaking up and down.
How was it going?
Yoo-hyun had a lot of experience in corporate life, but he was not a stock expert.
He could only see the rough shape. He lacked the depth to judge the pros and cons.
He thought he would ask when it was sorted out. Then the phone rang.
Ring. Ring.
He saw Paul Graham’s name and answered the phone happily.
“What’s the matter with you calling me at this time?”
-Hansung Electronics’ stock trading situation is too interesting.
“Are you watching?”
-Of course. I’m watching. My blood-like money is in there.
This incident seemed to have stimulated his curiosity.
His voice was full of childish mischief.
“Is that blood-like money being used well?”
-The person who planned the operation seems to be quite an expert. The fishing skill is no joke.
“In what way?”
-For two days, they’ve been buying and selling with minimal funds. I guess they’ve raised the price enough. The other side will come out in full force.
“In full force…”
As Yoo-hyun spoke, a message popped up on the stock bot window.
-They’re showing off their power.
“That’s right. They made it to the bottom price.”
-But the first one to stack the remaining amount at the bottom price is your side, right?
As soon as he finished speaking, Park Young-hoon shouted.
“An manager, change the stock bot response time to 5 ticks. If they bite the remaining amount at the bottom price, proceed with buying right away.”
“Yes, I’ve changed it.”
As Paul Graham mentioned, Mirinae Securities was moving.