The Chaebol's Youngest son MTL - Chapter (275)
Episode 275.Preparation of luxury listing.
April 6.
Baeksan Group.
Han Do -young sat down with Kim In -cheol, representative of Baeksan Heavy Industries.
“We have a stake in the DSH engine and are constantly negotiating with companies such as Norway, Italy, and France, which have a lot of original technology for LNG ships.As the shipbuilding industry is in a slow downturn, the shipbuilding industry is not good, so negotiations are in progress. ”
“I’m glad.Do not spare money.When the shipping and shipbuilding industry turns booming, the original technology that has been collected will give great strength to our Baeksan Heavy Industries. ”
“you’re right.I look at the envy of Korea that Korea makes a ship well, but those who see real profits are companies with original technology. ”
Kim In -cheol replied with the match.
Baeksan Heavy Industries threw a game aggressively buying the original technology in a difficult time.
It was possible only because it was a subsidiary of Baeksan Group.
“If you put it on the market to sell the original technology owned by the future heavy industry or Daehyeon Heavy Industries, you can buy it.You don’t have to talk first, but let’s take over when you come to the market. ”
“yes.President.”
“Are not you tired?”
“no.Rather, it’s hard. ”
Kim In -cheol shrugged.
“Let’s do a little more power.After this difficult time, our Baeksan Heavy Industries will be able to overwhelm Daehyeon Heavy Industries and Future Heavy Industries. ”
“I think it’s already overwhelming.The two companies are in trouble and are busy overcoming it, but we are running for the future. ”
“Let’s do a little more.Keep securing the original technology. ”
Han Do -young got up from his seat and sent it back after encouraging Kim In -cheol.
Hannam -dong.
Han Do -young, who left work, drank Baek Eun -ji and coffee.
“I invested a lot in Kakatok.”
“I also invested a lot in Naver.I think my mom won this game. ”
“It’s a bit unfair.If a luxury member is driven by it, you can’t do it early. ”
“Where is it fair to the world?Then, when you were winning, wouldn’t other companies think it was unfair? ”
Han Do -young said in the first hand of Baek Eun -ji.
“Yes.But it’s not over yet. ”
“okay.I think they will be operated as an oligopoly system.Doyoung can’t easily collapse. ”
Baek Eun -ji replied with a relaxed expression.
“I think I can afford it these days.”
“You’re over that tired logistics center.Uh, the loan is 3 trillion now.3 trillion.It’s a low interest rate these days, so it’s huge.I hope it will be listed quickly.Reduce it to about one trillion.Still, these days, operating profit is not negative, so I’m happy to see the numbers. ”
“Low interest rates will continue for the time being, so expand the market boldly.China, Southeast Asia ···. ”
“done.I’m enough to Korea. ”
Baek Eun -ji dismissed Han Do -young’s proposal.
Han Do -young was confused whether it was the size of her bowl or wise, but she was no longer suggested.
This was because she had a great success.
“by the way.Would it be okay to list the luxury on Nasdaq next year?I just want to be listed on KOSPI. ”
“why?Are you anxious? ”
“just.I think that’s enough.KOSPI is also a big company like Baeksan Electronics and the future electronics.I want to go to New York.Unlimited short selling is unlimited and I’m a little reluctant. ”
“Please.”
It was true that Baek Eun -ji’s sense of business was excellent, but through this luxury she realized that she prefers stability rather than adventure.
Listing on Nasdaq will be recognized for more value, and it will be much easier to raise funds, but Pyongyang’s audit was inevitable.
Of course, KOSPI was fine.
We are overwhelming the online market and the possibility of growing growth in the future will be a huge company.
“Hey, Naver’s market cap is over 5 trillion, how much is it luxury?”
Naver was listed on KOSDAQ and grew up steadily as it moved to KOSPI.
On the other hand, luxury was delayed on listing and planned to be listed next year because operating profit recorded a large deficit while building a distribution center.
“At least 10 trillions.”
“of course.Luxury has a 30%stake in Naver.I have a 17%stake in Alibaba. ”
She shrugged.
Han Do -young endured what he wanted to say, thanks to whom.
“I’ll only say one word.If you are listed on Nasdaq, you will be able to 50 to 60, not 10 trillion.And it will grow more. ”
Han Do -young recalled the memory of Kupang’s listing on Nasdaq.
Of course, Coupang was listed after 2020, when the bubble was severe, but it had a cumulative deficit, but it was likely to cause a very sensation if it was a luxury.
Tesla, which is scheduled to be listed next year, exceeded the market cap of 2 trillion won in the previous life.
Tesla succeeded because of the bright future prospects, despite the lack of performance except the launch of the roadster at this time.
“Do you want Luxury to be listed on Nasdaq?”
“yes.Anyway, listing on the big market can be more recognized for its corporate value.If you list in KOSPI, you don’t have to sit down and lose money.In the United States, huge funds are looking for a place to invest.Tesla will be listed next year.Do you know? ”
“know.You made a roadster. ”
“There is no performance except that, but we will only list the future value, and if you look at the current Wall Street, the market cap will be at least 1 trillion.How much is the luxury? ”
Han Do -young again persuaded Baek Eun -ji.
I understood her heart for stability, but I didn’t want to miss this good opportunity.
When the specific money was presented, Baek Eun -ji shook his heart.
“I just believe in my son and list it on Nasdaq.If you ask Baeksan Securities, you will take care of it. Why are you stubborn?And you can pay back 3 trillion at once. ”
Han Do -young pushed back Baek Eunji as he was strong.
She finally nodded.
“I’ll only believe you.”
“I thought well.Honestly, it doesn’t make sense to do this with this. ”
Han Do -young laughed.
Han Do -young waited for a late time.
“Didn’t you sleep?Do you have any stories to do? ”
“father.I decided to list it on the Luxury Nasdaq, so please be in charge of Baeksan Securities.I thought about next year, but I don’t know when my mother’s heart will change. ”
“okay.That’s better.Hey, if you list Tesla, you can say 1 trillion.Of course I have to go to Nasdaq.If our KOSPI grows, the market is as good as Nasdaq when a good company is listed, but we can’t keep up with Nasdaq.Let’s hurry. ”
Han Chung -sik was as happy as his work.
“Please take care of the fee.”
“oh my.done.I don’t want to scratch it later.Let’s promote this fall.It’ll turn out okay.”
“I will believe it.”
Han Chung -sik smiled and nodded.
***
next day.
Han Chung -sik officially announced that he is preparing for listing in Nasdaq.
He also worked with luxury executives to make the materials required by Nasdaq.
There was a lot of interest in the Korean market at Wall Street, especially the luxury of the Korean online market was not listed.
April 15.
luxury.
Baek Eun -ji shook his head and told Han Do -young.
“oh my god.What calls are you so much? ”
“that much.I decided that the luxury was promising.Korea is an exclusive location in the market, and there is no competitor, and last year’s sales were 12 trillion and last year’s online market share 72%.Of course I’m greedy.In addition, Naver and Alibaba major shareholders.Perhaps for the time being, luxury will be the maximum. ”
“Now you don’t have to invest in the distribution center, so your operating profit will increase significantly?”
“Yes.If you pay a lot of dividends, you will go up.You can pay back the loan, or you can use it as a company fund and use it when you need it. ”
“I know that all.This blind. ”
She seemed to be realistic now.
“Did you not sell your stake?”
“I didn’t sell it.But will it be within this year? ”
“It usually takes about six to two years to list.Various documents are prepared and submitted and approved after due diligence.It takes a while.I’ll use it in the United States.To proceed quickly.It’s been more than 10 years since I started, and I think it’s going to be in the fall. ”
Baek Eun -ji nodded with the above expression.
April 25th.
Baeksan Securities submitted luxury documents to Nasdaq.
It was fast in conjunction with Merrill Lynch, the largest securities firm in the United States.
The problem was due to live action.
It would be necessary to check whether the documents are correct, including the financial statements of the luxury, but it was not easy to determine when it will come to Korea.
Han Do -young told Baek Eun -ji to wait and focused on the group.
From here, it was not urged.
April 30.
Han Ki -young found luxury.
“Hey, isn’t it too fast?”
“Please give up a little for your child.I will live at the price currently traded in the over -the -counter trading.Will you help me?I’m working hard, please help me. ”
“Did you come before?Then I would have been able to buy it cheaper. ”
“howeverI’ll.In fact, I have invested here and there, and it took time to organize it.And it’s true that I thought luxury would be listed in Korea next year. ”
Han Ki -young recognized his mistake.
“How much did the KY Fund investment?”
“There are about 100 billion.I have invested here and there, and now I have been trying to invest in luxury. ”
“It’s quite a lot.Who believes you and pays so much investment.There was an eye -blind investor. ”
It would not be a cold Han Do -young, and if so, it was only Han Chung -sik.
“You should later filial to your father.No matter how blood I have, I can’t invest like that.Didn’t Do -young invest much? ”
“I didn’t invest a dime.It’s a business. ”
“It’s only a person who smells people in my house.”
Baek Eun -ji was hesitant for a while.
“Meet Choi.Choi Hyun -joo.know?”
“yes.”
Choi Hyun -joo has already managed the finance of Baek Eun -ji for more than 10 years and has recently been promoted to financial director.
“I’m not like me, but it’s like Doyoung.Talk well and buy a stake.I will have to pay my price. ”
“Is your mother the most trusted person?”
Baek Eun -ji nodded.
He graduated from Wonju and recruited her as an accounting and had a good idea to know each other better than anyone.
“thank you.Thanks to this, KY FUND can grow further.I hope you will exhaust all 30 billion won this time. ”
“Go quickly.”
“thank you.mom.”
Han Ki -young jumped his arms and kissed Baek Eun -ji’s cheek and ran out of the office.
“Kiyoung is still.It’s only two years old, and why is Kiyoung and Do -young so different?I think it’s a difference of 20 years old. ”
Baek Eun -ji burst into laughter.