Chapter 832 – KOSPI Spring
General shareholders’ meeting.
It exists in Korea, but it is limited.
It was like that before.
It was almost rewritten by one person.
“I am Park Moo-yeol, who will take over as chairman. I declare the opening of Power Materials’ 17th regular shareholders’ meeting.”
Things in the world are not simple.
There is no desire as honest as human greed.
Let’s begin.
It is the general shareholders’ meeting that decides the direction of a company.
“No, the agenda is…”
“Anyone can see that it looks like they are trying to take care of their own self-interest.”
“I have to say one word firmly!”
Shareholders.
It’s worth the mess.
It is natural that the atmosphere is not bright.
The agenda for the general shareholders’ meeting is announced in advance.
The intention of each one of them.
—————————–±
『Agenda for general shareholders’ meeting』
No. 1: Approval of financial statements and financial statements for the 17th fiscal year
No. 2: Matter of election of directors
No. 3: Approval of director remuneration limit
±——————————————–
It’s naked.
This is an issue that cannot be ignored.
“I have something to say!”
“I have something to say!”
It’s worth raising your hands like an eternal 14-year-old.
This must be stopped.
‘He said he was a relative of the new director.’
‘These bastards are trying to do double-eight things.’
Investors also know.
This is the tactic used by Korean listed companies.
One of them.
Place your blood relatives and personal connections on the board of directors.
“Chairman!”
They are trying to legally siphon off company funds.
It must not be tolerated.
The designated shareholder screams at the top of his voice.
I thought they would represent their opinions.
“I would like to express my infinite gratitude for allowing me to speak. I would like to applaud the executives and employees who worked hard despite difficult conditions.”
“”?””
Express opposite opinions.
An unbelievable sight unfolds.
The reason.
Director investors who had attended many general shareholders’ meetings were aware.
“I think it would be a good idea to quickly pass over this trivial agenda.”
“Ah, I heard the good words from our shareholder! If that is your opinion, we will do so.”
Plant spies among shareholders.
This is an employee of the company who only has one week.
It’s an old method
This is something you should not do.
Such a common sense thought.
Earth! Earth! Land!
It is not a place to be eaten.
General shareholders’ meetings tend to be different at K-shareholder meetings.
Earth! Earth! Land!
Approval of director remuneration limit was also passed haphazardly.
No matter how you want to stop it.
“No, these bastards…”
“This is a dictatorship, a dictatorship!”
“Do you think we can stay still?”
Voting rights.
Shareholder rights are proportional to the number of shares held.
All you have to do is somehow secure a majority.
It is a structure that has no choice but to be advantageous to the company.
“What’s the reaction?”
“It’s a bit bad. There are a lot of people who think the company’s intentions are bad.”
“Hehe, I guess so.”
Why?
An individual investor is an individual investor.
It is not easy to come together.
Most people do not even know that they have to exercise their voting rights.
That’s why.
‘What can we do about these things?’
It is easy to create a majority.
If you add the company’s shares and friendly shares.
And it is resolved quickly.
You just have to do it quickly before it gets worse.
“Once it has been passed, it will not be easy to overturn it. We will be able to push forward with an increase in the compensation of board members, including the CEO, without difficulty.”
As a result.
It feels very refreshing.
The salaries of myself and the directors also increased significantly.
Of course, there was opposition even within the board of directors.
The outside directors fiercely resisted.
‘Wow, this is a company.’
The board of directors’ vote also exceeded the majority.
Democracy!
This is a bill that was passed in a legal way.
“It’s the way it should be.”
“Yes, that’s right.”
“Hey, what I do is less than half of what other companies do.”
“Of course. Boss…”
Dongwoon Oh, CEO of Power Materials, smiles with satisfaction.
It was his long-cherished wish.
Companies listed on the Korean stock market.
There are various ways to get away with it.
‘It would be okay if the stock price went up. What more do you want?’
I want to do it myself.
You can do that much.
It’s a thought I couldn’t bear.
Lee Chan-wook noticed.
The market situation is such that if you make a mistake, you will be screwed.
Korean Newspaper− “”KOSPI 3000 next year?… Time to try kimchi soup”
Fact News− 「”We will not impose excessive austerity measures”… “Dove Powell, should we call a Santa rally?”
But there has been improvement.
A warm wind is blowing in the market.
The high interest rate trend is also expected to break.
The company also grew.
It can be operated sufficiently without relying on Lee Chan-wook.
“After the general shareholders’ meeting… The stock price was adjusted by about 10%. However, we do not expect any disruption to our operations.”
It’s just as the secretary said.
Ants may be talking about stock prices plummeting.
‘So what does that have to do with it?’
It doesn’t make sense from the company’s perspective.
When the market is good like now.
Rather, it just feels like the opposite.
Every time the media reports market capitalization or share value.
“I will also give you a raise in salary, do you understand?”
“With a rat’s tongue…”
“What?”
“As expected, you are the boss!”
My stomach hurts.
That money should have been mine!
Investors only benefit.
‘It’s much better to eat it.’
Lee Chan-wook says he wants to see the future and become Super Eul.
The idea is to break away from being a subcontractor for automobile companies.
But it’s not bad either.
Stable income is guaranteed.
At least within this small company.
“Crack down on the mood of the employees! If the securities company bothers to call, tell the IR manager to take care of it!”
You are the king.
You can take the profits earned by the company like a piggy bank.
Such a life.
I am fully satisfied.
Even if it doesn’t become a world-class company.
“Buy, boss!”
“Why? Did you call me already?”
“That’s not true… I think I should tell you this.”
“Oh, what is it?”
This is the general thinking of Korean listed companies.
All you have to do is eat well and live well.
It’s none of the investors’ business.
B2B companies are not influenced by consumer public opinion.
I thought it would be easy to cook.
—————————–±
『Power Material』
118,300 won ▼50,600 won (-29.95%)
[Graph suddenly hitting the lower limit. Jpg]
±——————————————–
A bomb gift is delivered.
* * *
Corporate culture.
It can literally be called culture.
‘There is no way it can change overnight.’
It is the same even if it is bound by law or regulation.
The habits of yesteryear don’t go anywhere.
“I had a feeling about it before. The president was overly calculating. Being calculating is not necessarily a bad thing in business, but…”
An incident is bound to happen.
I knew someone would commit it.
‘There is only one way to fix it.’
It has been proven through history.
It appears in countless books.
“In one word, it means making money.”
“Well, that’s right.”
“Even if it weren’t for him, it would have happened at some point.”
“Hmm…”
It means beating them backwards.
That too is not at the right level and is a total disaster.
‘Is there no reason for there to be an idiom called ‘one bee, one hundred worlds?’
As the old sages tried, there was no better way than beating them backwards.
In modern terms, big data.
If you do this, you can accept that there is evidence.
“Let’s put it into practice as we have prepared. There is a need to teach people what happens if they break business ethics.”
It needs that kind of impact.
In order for a group to fundamentally change.
I prepared it in advance.
No, I was waiting.
Because there has to be at least one example.
─Short sell order has been filled!
Etiquette Hold the injection stick.
The company’s stock price is completely ruined.
‘If that happens.’
The market recognizes.
And then you pay attention.
The seriousness of power materials.
“We will proceed with the expulsion of ETFs, sales reports, and even critical articles in a single motion. Such a strong response would be unprecedented in Korea, but…”
“If it’s not to that extent, it’s meaningless.”
Human.
It is natural to have desires.
How can you not be greedy when you have money right in front of you?
‘That.’
Laws, systems, and education have changed it.
This is why public order is maintained in modern society.
It wasn’t in the stock market.
Rather, it was a world where shrewd people benefited.
─Short sell order has been filled!
Double kill!
Triple kill!
Quadra Kill!
Penta Kill… !
Not so.
You can get hit.
The moment you recognize that fear.
“It needs to be completely destroyed. We need to show what price a company listed on the stock market pays when it commits immoral acts.”
Culture is formed.
Invisible norms make us hesitate to take hasty actions.
Sora’s father.
It was also Executive Director Yoon Seung-hyun’s secret work.
Among the companies included in ETF.
“If this succeeds… It may really change the Korean stock market.”
“There are no what ifs.”
“I made a mistake. You were the person who could change Korea.”
To monitor companies that may cause abnormal behavior.
Create an optimal route for sanctions.
‘The position they have built.’
It makes you realize that it is nothing more than a sand castle.
Destroy it in the most efficient way.
It is possible.
Power and power.
The world may not know, but Korea is in a position to take control.
