Chapter 834 – KOSPI Spring
Hope.
〔Korea Stock Gallery〕
─Women’s Stock Power Material
─Thank you for your hard work on the downturn!!
─JjinㅡㅡㅡHalfㅡㅡㅡetc.
─The reason for Power Material’s positive decision today. Ssul
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No matter what the situation, there is always a line of support.
In the stock market.
─The reason for Power Material’s positive decision today. Ssul
The reason it’s plummeting now
This is because the president ignored CW Securities’ recommendations and did whatever he wanted to appoint the board of directors.
Are there any rumors that the relationship will recover again?
└(Oh, it’s so scary Con)
└It was too much to cut the stock price by 1/4 just for breach of trust…
└Chanwook hyung, please be patient
└ㄹㅇ I have been doing something for a while, so how can I let it go?
It can also be an investment opportunity.
Investors harbor expectations just in case.
Why?
The stock price is too low.
Light as a feather.
All you have to do is blow.
─No, he said he would make peace with Profit and Ik Jwa
[Frog holding a bamboo spear meme. Jpg]
I’m saying I’m in trouble because I took out a loan.
Why are you yelling at me again!!
└(Mol? Lu con)
└Quickly send a KakaoTalk message to Lee Chan-wook kkkk
└Do you understand?
└I didn’t go in because I was worried when I saw that you were confident in the gallery, but I’m really glad.
Hope that it will fly.
That makes investors crazy.
It only needs to explode once.
When that one time just doesn’t work out.
─Institutions’ Power Materials Selling Report ㄷㄷ
[Sell lift capture. Jpg]
ETF, MSCI deleted
It is said that the decline in the stock price is so large that cash flow is likely to worsen.
└Is this good news?
Author− It’s a fire
└Most companies do not provide sales reports
└Is this the low point?
Investors realize.
It is true that the current stock price is properly evaluated.
‘…’
Such a situation.
Investors can’t be the only ones who have lost their feet.
The company is also in chaos.
“I paid a penalty for the bonds that were canceled with CW Securities. And I tried to renew it with a new financial company…”
There are details of the contract with CW Securities.
Existing bonds and convertible bonds were canceled.
It’s not a big burden.
All you have to do is renew the contract at a slightly higher interest rate.
“Bond interest rates have risen significantly as banks have classified our corporate bonds as non-prime bonds.”
“What, non-prime vegetable? So how much is it?”
“Think about at least 15%…”
“?!!”
That is impossible.
Interest rates are not constant for all companies.
—————————–±
『Interest Rate by Grade』
AAA: 5.72%
AA+: 5.89%
AA: 6.05%
AA－: 6.27%
A: 6.45%
A-: 6.91%
BBB+: 9.88%
BBB: 11.22%
BBB-: 13.10%
±——————————————–
There is a standard.
There are huge differences depending on the company’s credit.
Grade A blue chip bonds are boiling.
However, for non-prime bonds of B grade or lower.
“Our company was recently downgraded to BBB+. The problem is that the bank evaluated us lower than that… So we actually have to raise funds at interest rates below the BB rating.”
Soaring to the sky.
This is especially true now that interest rates are high.
You never know when or which company will fail.
I don’t want to take risks.
“No matter what, it’s not 15%! Why is it so high?!”
“There was an incident at Legoland a while ago.”
“…”
“Even this is a price that can only be achieved through bidding. Recently, Korea Electric Power Corporation has been printing large amounts of corporate bonds, so the bidding rate for corporate bonds for companies like us is not high.”
The market situation has also worsened.
Several unexpected problems arose.
High interest rates.
Instead of just a few percent, you now have to pay more than 10%.
Quang!
Dongwoon Oh, the president of Power Materials, slams the desk.
I can’t hold back my anger.
“This bastard Lee Chan-wook…”
“I never thought I would do this.”
“If it turns out that way, I have a way too.”
“Yes?”
I was stuck without a move.
It’s more than I thought.
No, I couldn’t even think of it.
Securities team.
Power Materials, which was not even a mid-sized company until recently, does not have one.
‘I thought I would stay still.’
But Oh Dong-woon also knows.
This is how listed companies easily make money.
“We should at least increase paid-in capital.”
“Paid capital increase?”
“All you have to do is steal the shareholders’ money!”
Print stocks.
Convert to money.
Even if the damage to shareholders is severe.
‘I’m in the same situation~.’
It is not a situation to distinguish between hot and cold water.
If you issue corporate bonds with an interest rate of 15%, you will go bankrupt.
The company is really going bankrupt.
I was planning on passing the damage on to shareholders.
“We can’t do that.”
Securities company team leader Kang Eun-young is dumbfounded.
A company requested capital increase.
Power Material.
This is the place that has been making noise in the stock market recently.
‘Did you entrust your money to us?’
It is true that paid-in capital increase takes away shareholders’ money.
However, the issuing entity is a securities company.
In other words, securities companies must buy stocks.
Set a price much lower than the current price.
“I’m sorry, but it’s going to be difficult at our securities firm. Yes, yes. I’m in charge. Please work hard.”
I have no confidence in selling it even at that price.
The company’s financial condition looks serious.
‘We can’t pretend to be with CW Securities.’
Current situation.
I have a rough understanding.
The last shareholders’ meeting served as a catalyst.
We are trying to privateize the company.
This is a common phenomenon in domestic dog breeds.
Gulp!
I plan to completely destroy it.
It feels like CW Securities’ strong will is visible.
“If you were to issue corporate bonds and paid-in capital increase for no reason, you would get a lot of hate.”
“The conditions are not good~.”
Some profit.
Just to get that one thing, you can’t do anything that will only attract Lee Chan-wook’s eyes.
It is the center of the Korean restaurant industry.
It also has a strong influence on the financial industry.
In a sense, it is more than Ohsung Group.
The answer is simple, without even having to use a calculator.
Such a situation.
‘…’
It’s extremely embarrassing.
No, all I can say is that we were completely on the defensive.
“Some private equity funds are interested, but the conditions are so cruel. They are like hyenas. Moreover, as if there was a rumor circulating in Yeouido, the selling is getting stronger.”
Paid-in capital increase is an act of selling trust.
That’s because the company needs urgent money.
What if it is a trustworthy company?
I think it is money for business expansion.
‘My, my stake is worth…’ …’
That trust.
It is a completely lost position.
The market also reflects value.
“Well, then what about selling the company?! That’s right, selling it!”
“Of course, I have inquiries about that as well.”
“Yeah, right?”
But even if the sky falls, there is a hole to emerge from.
What we have accumulated so far.
‘There is no way to die.’
It doesn’t return to anything.
A coveted company.
It is bound to happen.
There is no problem with the company.
Corporate bond interest rates are just high.
What if you fall for a good company?
It may be a problem that can be solved once and for all.
“Domestic companies are not very willing…”
“What about overseas companies?”
“The government is not allowing it because of the technology leak issue.”
Even that doesn’t work out the way you want.
The fact that it was on Lee Chan-wook’s palm.
‘Do you really want me to die?’
I realized it too late.
No matter how illiterate you are in economics, you have no choice but to know.
Sure.
The world is trying to kill you.
No, it is someone’s clear will.
“I think the most realistic solution would be to assess the circumstances now… I don’t know what the boss will think.”
This is Lee Chan-wook.
It had that much power.
‘Why only me!’
You only realize it after being hit.
It was only too late when I regretted it.
—————————–±
『Power Material』
989 won ▼167,911 won (-99.41%)
[Graph showing stock prices plummeting like Niagara Falls. Jpg]
±——————————————–
Power Materials becomes a penny stock.
* * *
Penny stock.
It is a low-priced stock derived from the word ‘penny’, which means less than one dollar.
‘In plastering.’
If the stock price is less than $1, it is kicked out of the market.
So the price is even lowered.
It is a tactic of the short selling force.
From the company’s perspective, methods such as stock consolidation are also used.
“Just sign here.”
It is inevitable that cash flow will deteriorate.
It is a fatal blow to growth stocks.
‘It’s a company that was raised by someone.’
Secondary battery-related stocks.
They know the internal situation better than they do.
It’s natural since he even managed it himself.
How to destroy it.
“Representative Lee, please think again…”
“If you don’t like it, you don’t have to do it. We don’t force you.”
“…”
I know.
Just as the person who is best at tearing down a building is a builder.
The company’s financial condition is serious.
It is natural to purchase it at a low price.
“You didn’t force me! You were pressuring no one to buy anything from our company!”
That’s how it is done.
Financial markets.
Selling/buying can only take place if there is a buyer.
‘Korea’s financial market.’
There are definitely a lot of disadvantages.
Empty words are not enough.
For those who are not rulers.
“So?”
“What, what?”
“If that’s true, what are you going to do?”
That’s right.
It is a market that is best for those who have money to use.
‘Power is.’
Having it is not the end.
You have to know how to swing it.
Even the bone marrow is used.
Decreases the value of power materials.
And then sell it to trustworthy companies at a low price.
Since I don’t benefit directly, no one complains.
The original dictatorship.
“…”
It is the most efficient method of governance.
That is, if you can choose the target well.
