Chapter 10

I've become the genius grandson of a securities tycoon - Chapter 10 (10/477)

Chapter 10: Why are there so many entangled people? (2)

1 billion.

It was the amount Choi Jae-cheol proposed.

"Is it possible to pay in both won and dollars?"

"Yes."

Jae-jun smiled at Choi Jae-cheol.

"Does this make us accomplices?"

Choi Jae-cheol, still with a heavy face, received another smile from Jae-jun.

"Let's see. Actually, 1 billion isn't that tempting a sum..."

This guy...

A thin sigh escaped Choi Jae-cheol's lips.

"But, instead of asking how much you want, you should first tell me how many shares Jae Kyung Machinery will throw into the market so I can set the exact amount... right?"

Hmm.

Choi Jae-cheol's eyes twitched.

It wasn't a wrong statement, and he couldn't refute it, which made him even more frustrated.

Surely, you don't think we'll throw in 50%...

A company can't just throw away its shares even if the stock price skyrockets.

If someone with ill intentions starts buying up the circulating shares and persuades the holders to secure a friendly stake, they could take over the management.

Jae-jun spoke in a soothing tone to Choi Jae-cheol.

"Okay, institutional investors own about 20% of Jae Kyung Machinery's shares, and about 30% are on the market. To be precise, about 29.9% are available. Jae Kyung Machinery must hold more than 50.1%. With the stock price at 100,000 won, we can sell at least 10% to 20%, right?"

Just selling is risky.

"After selling, you plan to buy back when the stock price stabilizes around 10,000 won, right? Correct?"

Buying back is more important.

"..."

"Bravely throwing 200,000 shares and then buying back around 30,000 won... let's see, how much is that? At least 10 billion won, right?"

Choi Jae-cheol's eyes, which had been trembling, now showed determination.

"Jae-jun Im!"

Choi Jae-cheol's angry voice echoed through the room.

However.

Clap, clap, clap.

Jae-jun, ignoring Choi Jae-cheol's reaction, clapped three times to draw attention.

"Let's do it this way."

"..."

"To be honest, it's hard to take 10 billion won, which is just a little more than pocket money..."

"Pocket money?"

"Isn't it? Ah, it's more like dirty money. Working overtime and all night to meet deadlines... Look at me. Manager Kim, does the title 'Manager' even fit with a work uniform? I think it's right to treat the money of such people with respect. Don't you agree?"

"So, what do you want?"

"Ah, Vice President, it's fine to be angry, but not to use informal language."

"..."

To Choi Jae-cheol, Jae-jun was a completely different person.

He thought Jae Kyung Machinery wasn't much larger than Current Securities in terms of scale.

However, he was in a helpless situation, having been caught by a weakness.

But the Jae-jun in front of him was relentlessly exploiting that weakness.

Using the opponent's weakness is a basic part of negotiation.

But it's also important to show respect to the opponent to ensure a future relationship.

Jae-jun was attacking as if to say that even a pretense of respect was unnecessary.

As if to say that if this happens again, he would dismantle the company entirely.

And he was doing it with a smile.

Is this guy really such a character?

He's so different from the rumors of being a reckless and degenerate.

Jae-jun smiled again.

"Let's do it this way, Vice President."

"What is it this time?"

"I'll just take a helicopter and go back."

"And you'll throw your shares into the market?"

"No, why would I let go of the fish I've already caught? I just need one promise from you."

"Promise... tell me."

"Throw the shares you plan to sell into the market on September 1st."

"September 1st?"

"Yes. As soon as the clock strikes 9, you can throw them in. The stock price will probably be around 120,000 won, maybe even higher."

What's his intention?

This is clearly a favorable condition for Jae Kyung Machinery.

Could he be trying to kill No Kyung-beom?

Is he planning to end the operation on September 1st?

Choi Jae-cheol hadn't received the time to end the operation from No Kyung-beom.

He could sense that something was happening between Jae-jun and No Kyung-beom, but he was unsure where to play his hand.

The Jae-jun who came by helicopter was definitely not the Jae-jun he had known or heard about.

He felt a sense of overwhelming pressure, as if Jae-jun was about to crush No Kyung-beom.

But he couldn't ignore the fact that No Kyung-beom had the backing of Hwang Seon-dal, a powerful figure in the Myeongdong loan market, whom even Current Securities couldn't handle.

He needed to buy some time.

"Alright. Let's do it that way."

"Then, bring the sell order form. We need to be clear."

"Sell order form..."

Jae-jun...

I didn't expect this.

I thought we would just settle it verbally, but he wants to make it official...

Jae-jun smiled at Manager Kim.

"There's a Current Securities branch nearby, so Manager Kim can go and come back quickly. What do you think, Vice President?"

Choi Jae-cheol didn't want to show any hesitation about the already decided matter.

"Manager Kim, go and come back."

"Are you really going, Vice President?"

"Of course. Go quickly."

"Ah, yes."

"Book a sell order for 200,000 shares at the lower limit on September 1st."

"Yes."

Manager Kim looked at everyone in the room, shuddered, and bowed before leaving.

After confirming that Manager Kim had left, Choi Jae-cheol turned his gaze to Jae-jun.

The irritation on his face disappeared, replaced by a curious look.

"Mr. Jae-jun Im... what should I call you? Executive? Vice President?"

"Ha ha, just Jae-jun Im. I'm a new employee who just joined the company."

"A new employee?"

"Yes, and today is my first day. I've started a bit too big."

Ha ha ha.

Choi Jae-cheol laughed loudly, seemingly in a daze.

"Are you the grandson of Chairman Im Byung-dal?"

"Maybe. If it were my grandfather, he would have thought more. I'm just full of energy, so I came by helicopter."

"What brings you here?"

"My mentor is Kang Byung-gu. He told me to come."

"Kang Byung-gu... a mentor..."

Hmm, impressive or reckless.

In any case.

No one in Current Securities knew about Jae-jun's existence.

That wasn't the important part.

No one had seen Jae-jun's true self.

When did he change?

Or has he been hiding it all along?

Why?

"Is the owner of Current Securities changing?"

"Not yet. No, it won't happen for a while. I don't have the potential to be promoted quickly. I plan to work at Current Securities for a long time."

"I see."

Vice President Choi, if you think this is the end, you're mistaken.

"Vice President, don't let your guard down until the operation ends. I might show up again."

"It would be better if we never see each other again."

"Then that would be even better. It's best if we keep today's events to ourselves."

"If it helps Jae Kyung Machinery."

"Great."

Choi Jae-cheol compared the Jae-jun he saw in the underground parking lot with the current Jae-jun and shook his head.

Too different.

An hour later.

Jae-jun confirmed the sell order form brought by Manager Kim and boarded the helicopter with Manager Jeong.

As the helicopter took off and Jae Kyung Machinery looked like a small box, Manager Jeong asked Jae-jun.

"How did you know that No Kyung-beom and Kang Byung-gu were planning something?"

"Intuition!"

"Huh?"

"Ha ha ha. Just kidding. I saw it on their monitors. Analysts and fund managers work in different areas, but the same stock and graph appeared on both of their monitors. It was almost impossible. And it was ridiculous that the analyst was buying. The stock price of Jae Kyung Machinery was also too high, making it too obvious."

Did you catch that right away?

"When did you learn that?"

"Do you know my study abroad grades in Australia?"

"Yes..."

"How were they?"

"That was..."

I knew it.

Jae-jun couldn't have studied in Australia.

"I lived in the trading floor during my time in Australia. Since my grandfather is the chairman of a securities company, even if I couldn't study well, I had to be good at stocks, right?"

"I see."

"It's a secret from my grandfather. It's the last surprise I can give him."

"Ha ha, yes. I understand."

Manager Jeong shook his head at Jae-jun.

"I thought I knew you, but I don't."

"Just pretend you don't know."

"Also, by the way, about Jae Kyung Machinery. The sell order can be canceled and changed in the middle, right?"

"I know, but I won't change it. In fact, I'll call No Kyung-beom and tell him to set the operation end date to September 1st."

"Ah, you're creating confusion."

"Yes, by now No Kyung-beom is probably calling frantically and talking a lot."

"What will you do if he mentions you?"

"Isn't that good? If Vice President Choi tells No Kyung-beom about me, how will No Kyung-beom react? Will he contact the real person behind this?"

"Right. Even if he knows, he can't stop the operation..."

Jae-jun, who knew the entire story, also knew about the real person, the money provider, Hwang Seon-dal.

"Right. No Kyung-beom will need permission from the money provider. Jae Kyung Machinery must have borrowed funds from him. They are both tied to him. What will happen if I reveal my identity to the money provider?"

"It will be chaos. The operation's security is its life. If it's exposed to the grandson of Current Securities? The money provider might bury No Kyung-beom in the mountains, even if he doesn't know about Vice President Choi."

"Yes, so Vice President Choi will try to keep my existence a secret. If he tells No Kyung-beom, No Kyung-beom will order him to keep quiet. But from what I saw, Vice President Choi seems to have his own thoughts. He will bury my existence."

Manager Jeong laughed.

"You're not ordinary."

"Ah, you already know everything..."

"Then, how will you stop No Kyung-beom?"

"I need to think about it. What's the limit on the amount our fund manager can invest in a single stock?"

"For small and medium-sized companies, it's 50 billion won."

"So, the money provider must have invested at least 150 billion won."

"How much do you think No Kyung-beom has bought?"

"Probably 20% of the circulating shares."

"About 200,000 shares."

"Yes, he must have bought and sold alone, incurring significant losses. Now, he will buy a large amount, and rumors will spread, pushing the stock to the upper limit for a few days."

"Then people will rush in."

"After sprinkling more money for a few days, he will crash the stock. But that's where the brakes are applied."

"September 1st, right?"

"Yes. At least a significant amount of hair will be pulled out. To end all operations by September 1st, the detailed schedule in the middle will be a challenge."

"By September 1st, No Kyung-beom might take all the shares of Jae Kyung Machinery."

"No, we will take them."

"What do you mean?"

"It's not clear yet, but I'll explain later."

Jae-jun thought of Kang Ho-seok, who was under his grandfather's protection.

To properly conclude this game, he needed a hidden expert.

According to the personnel record given by Manager Jeong, Kang Ho-seok was an expert in scalping.

If Kang Ho-seok could perform the scalping speed Jae-jun wanted, it would be perfect.

"We've arrived at Current Securities."

At the pilot's words, Jae-jun looked out the window.

He could still see employees gathered in groups on the rooftop, smoking.

They were taking a break after the trading session.

Now that the trading session is over, the securities company will prepare for the new war of tomorrow.

They need to summarize the overseas markets, check the exchange rates and spot prices, and predict the dynamics of companies for the next day.

Jae-jun looked at each person on the rooftop.

They all considered Current Securities their lifelong career.

This was an era where one's job was their life.

Can I really lead them well?

Can I withstand the upcoming foreign exchange crisis without sending any of them to the streets?

At that moment, Manager Jeong turned his head towards Jae-jun.