God of stocks chapter 406
Chapter 406 Burning, Not Watering (1)
“I think I’m noticing it because there will still be a burden for 1,100 won. If this is open, it will be a real problem from then on. And what’s going on with the Korea Development Bank story?”
“We’re overwrought with the story of why we take over Lehman. Isn’t this normal? Why are you trying to hold a bomb when you’re crazy? You’re not sane. However, the market is still suspicious of the fact that there is still no mention of the breakdown of the acquisition negotiations. Isn’t it acquired as it is? So, there is a drop today that certainly breaks 1,500.”
“Did you come down to 1,474?”
“uh. Even though it was said that the stock tax would be cut, the market is gloomy. Definitely. Will the stock market survive just by cutting taxes? Exporters are now being sold out. I wonder what kind of expressions the kids who used to be positive for export stocks when the exchange rate rises now are on their faces.”
IT stocks including Ohsung Electronics were showing an unknown decline. It was recording a drop close to -10% on average of 5 trading days.
“How much are our profits now?”
“10% passed, and not far 15%. In terms of amount, it is making over 60 billion won. Oh. And Taeeun LCD entered the lower limit for two consecutive days. Aren’t these guys ruining like this?”
“If you hear that the Financial Supervisory Service has been investigated, prepare to organize it.”
“Investigation by the Financial Supervisory Service? The FSS went into investigation?”
“The loss from Kiko is probably out of control now. If it exceeds 1,100 won, it would be better to go bankrupt. So, will you stay still at the FSS? If you leave it like this, people will be upset about what the FSS is doing, so you will pretend to investigate Eoyoung Booyoung to avoid it.”
“So why is the second contract blowing up a solid company? What do you do when you get tens of billions of profits? I would lose hundreds of billions of dollars with Kiko. There is no one in the company analyzing these things, and I don’t understand what they are doing.”
“I knew it. Because I don’t know, I would have thrown a match. But usually this number of matches has never come out well. It’s a Korean character. When it doesn’t work, I aim for a reversal of the atmosphere, but is it reversed that way? I should have admitted to the loss and cut it off, but it’s not like stocks or businesses that can’t cut it.”
Among the places where the Kiko contract was signed, the ones that confirmed the loss and terminated the contract were selected. And it was entering a situation where only the place where the contract was canceled survives.
The places where the loss could not be confirmed and Taeeun LCD tried to compensate for the loss somehow seemed to fall into hell.
“But how far are we going to take it? 1,400 under? Is it a little too far there?”
It was a sell-off in the early 1,600. The index fell by more than 10% at 1,400 under, and if it is sold in large quantities to exporters including Ohsung Electronics such as SH Partners, it is expected to generate close to 20% profit.
Kim Hee-yeol sold at 1,800 and saw 1,500 under, so he expected to clean up at 1,400 under.
However, the reply that came back surprised Kim Hee-yeol.
“I wait for the big one to burst.”
“A big one? What is the big one?”
“Circuit. We wait until the KOSPI circuit.”
“What? Waiting for the KOSPI circuit, not a sidecar? Not KOSDAQ, but KOSPI circuit? Is it what I heard right? Or are you out of your mind right now? The circuit breaks in the KOSPI?”
“I’m sure you heard it right. KOSPI Circuit. What I am waiting for is the KOSPI circuit.”
“Hey. What do you mean? How does the KOSPI circuit burst like now? It was said that one of the things that wouldn’t explode when there are many people participating in the stock market is the KOSPI circuit. It used to be possible, but now it is impossible?”
Kim Hee-yeol looked at Lee Sang-hoon while holding the newspaper he was reading. Already, the focus on the word KOSPI circuit was shaking, making a look as if it was dreaming.
The KOSPI Circuit has only been activated three times so far.
Two times in the 2000s and once in the famous 9/11 attacks. Then, in the eight years passed, it was Kospi that he had never been near the circuit.
And the time when the circuit broke out and now was a different era. At the time, stocks were a form of speculation and there were not many investors, so they moved lightly, but now they are proud of their heavy body and their volatility has decreased significantly.
It was Kim Hee-yeol, who thought that expecting the circuit to break out at the moment was like hoping to win the first prize in the lottery.
However, it was Lee Sang-hoon who said he was waiting for the first prize in the lottery. Everyone expects and wants to win the 1st prize in the lottery, but most people talked as if dreaming. However, Lee Sang-hoon spoke with conviction that it would appear as reality, not expectations.
“Yeah, as you said, the circuit may be unreasonable. However, this market is finished only when a similar appearance appears. And I wait for that time when all the blue lights are raised as if everyone would be ruined and the terror reaches its peak, rather than a drop of -7% tinkering with a gap and setting up beekeepers.”
“Will such a day come? Isn’t it a dreamlike story?”
“I think you will come? Look at the exchange rate. It is 1,090 won. Even though I did a crazy thing to catch 1,000 won by throwing a bento bomb at an interest rate hike, 100 won rose. Didn’t it even appear in the newspaper? That the exporters don’t give out dollars. I received my payment in dollars and I am not doing any currency exchange. So, there are stories about the dollar drying out on the market. Why would this be? Once a button is sewn incorrectly, it means that it cannot be refitted unless the shirt is completely removed. Gives a tinker rebound in the current situation? It’s all about sticking back together.”
Kim Hee-yeol looked at Lee Sang-hoon quietly. His face was full of faith in what he said.
“Doctor Doom was here too.”
There were several people in the United States called Dr. Doom.
Mark Faber, who talked about Black Monday and Japan’s economic downturn, was representative, and recently, Professor Rubini was also raising his reputation.
“What I’m different from Dr. Doom is that they talk about decline all year round and I’m not. Don’t you know from seeing it? I’m not a madman crying for a crash even in the bull market.”
The characteristic of these people, called Dr. Doom, was that they talked about decline even in the bull market. Even last year, which was a huge rise, they cried out for a plunge in the day and night, and even in the case of the second year and the previous year, which had been sideways, they continued to warn the market that the market crashed.
They were treated as fools for several years, and when the crash came out in a few years, they quickly became sages and were praised, and they lived for years with that fame.
Rather than shouting rise in the bull market, the strong impression when the collapse occurred while shouting a plunge in the bull market knew that it worked well for people.
Lee Sang-hoon thought that he was different from those who only spoke such words.
***
The window dressing at the end of the month, which was like an inevitable fate, seemed to go away this time.
In terms of monthly salary, the index, which was thought to be kept at 1,500, ended at 1,474, which failed to recover 1,500 due to sales by foreigners that continued even on the last day of August.
“I’m overturned in the movie this time. it’s annoying.”
Min Yoon-seo grabbed the ice cream bucket and scooped the ice cream with a spoon, complaining toward Lee Sang-hoon. Not long ago, she was fond of entering a new movie, so it seemed that she was showing a great sense of loss because the movie was overturned.
“Why did you fall over? This time, a big investor came in and said it would be a big deal? Didn’t you say that a foreign investor put in the money?”
“do not know. I decided to invest and said that one side couldn’t invest, so I found new investors. However, there is no place to make a new investment. The initial start started at 20 billion, but now it has shrunk to 5 billion, not 10 billion, but there is no place to invest. it’s annoying.”
“While there is a lot of 10 billion and 20 billion, we have not received 5 billion investments? Are you saying that there aren’t many investors?”
“uh. This time, I was looking for a new investment to advance overseas, but what is this? it’s annoying. Because of this work, I also considered all other works. There were a lot of good dramas, but I left them all and went all-in to this movie, but I went out completely. What am I eating now? Will you feed me?”
“Can’t I buy you food? Don’t worry about eating.”
“I really promised you. You are responsible for my rice. Come on. Take a stamp. I can’t. Let’s write a contract. After a long time in the entertainment industry, I realized something, but oral contracts are of no use. The contract must exist so that there will be something to say later in the fight. First of all, I’ll finish eating this and write a contract, so don’t say anything else.”
“I won’t say anything else, so eat whatever you’ve been eating.”
She said she was going on a diet because she was going to go to the movie soon. However, when the film was overturned, the diet seemed to have become a story of the water. She was eating shrimp tempura with ice cream.
Lee Sang-hoon laughed as he looked at Min Yoon-seo, who was eating with a strange combination.
“What is the taste of eating shrimp tempura on ice cream?”
“I won’t tell you. You don’t eat This is all mine.”
“When did I say to eat? Eat a lot. But isn’t that what I bought? You can’t eat what I bought?”
On the way home from work, Min Yoon-seo called and got pissed off, so they brought them back. However, the person who bought it was eating alone, not being able to touch it.
“I should have bought two like that. From now on, if you want to eat what I ordered, buy two. That way, I won’t fight with what I eat.”
“I didn’t know you had so much appetite. Not long ago, you only ate half an apple a day because you were on a diet.”
“The movie is upside down, what do you know. The photo shoots are also being canceled. No, some world-class luxury companies suddenly say they don’t have money. Do you think that makes sense? Just a few months ago, Europe was the default, and it was a place where people furioused me to go to Africa to shoot, but now it’s a waste of plane tickets. I couldn’t say anything because I was so ridiculous.”
“Luxury companies say they don’t have money?”
“So. It was a place where I used hundreds of millions of times for a photo shoot, but I suddenly don’t know what was going on. Does that mean you don’t have money to buy a building and you don’t have money? Ugh. Anyway, I don’t understand.”
It was Lee Sang-hoon, who knew that Yoon-seo Min was recently signing advertising contracts with famous luxury brands, gaining popularity in China and Japan. But the luxury companies she spoke with were saying they had no money.
“okay. They said that clothes aren’t selling well these days. no. What clothes were sold in half. Does that make sense? You are making excuses. The place I signed up for is where people who change clothes every season live. Don’t you think that people who aren’t stingy with the price of clothes are an excuse for not buying clothes? ”
“Aren’t you making excuses to plug in someone else?”
“Then I won’t be still. It’s not because the penalty is huge. Really, the plans are being canceled one after another. By now, S/S products should be released for next year, but the products are not available.”
“The situation is so bad? Total sales fell like that.”
I didn’t think that it was only domestic that the sales she said had been cut in half. Maybe domestic sales did not decline significantly. The luxury clothes market in Korea was not a market that had entered maturity, so it was not a place to rise or fall. When she said the sales were cut in half, it sounded like a word covering the world market.
“okay. So I want to cancel the lines of the new people. But you have to comfort me saying that I have canceled the movie. Are you just asking if luxury companies aren’t selling? Wanna die?”
Min Yoon-seo glanced at Lee Sang-hoon’s appearance.
“okay. Sorry. But why doesn’t the spoon stop when you’re angry? Do you know how many calories when you finish eating it? I think you will come to me after eating all that and ask me why didn’t you dry it?”
“I’m going to worry about tomorrow, and now I’m trying to eat sweets and make me feel better. Do I have to say that? it’s annoying. get out.”
“Aren’t you here at my house? How do you drive the owner out of the way?”
“If I go out, you won’t come back to let you go. So you have to go out to come back here. When I go out and reflect, I only buy two rows of Rabokki and Kimbap.”
“I think exporting is telling me to go out to buy something to eat. And when you finish eating it, you’ll be full. Do you have a belly for rabokki and kimbap?”
“Don’t nag and go out quickly.”
Min Yoon-seo stood up with an ice cream bucket and spoon in both hands and pushed Lee Sang-hoon’s ass with his feet and kicked him off the front door.
As Lee Sang-hoon was pushed out by Min Yoon-seo, he remembered what Min Yoon-seo had said.
‘The luxury companies don’t have money?’
America was the most consumed luxury goods. When luxury companies didn’t sell their goods, it was in line with that money wasn’t circulating in the United States.
It was heard in Lee Sang-hoon’s ears in a new form that a problem was arising in the US economy, which was only seen as an article.
From the next morning, the stock market was flooded with bad news.
The market began with the US stock market falling close to -2%, falling into the gap from the beginning, with an indicator of poor personal income and spending in the US.
The index, which started at 1,453, continued to decline as oil prices surged over concerns that an intraday US hurricane could destroy oil-related facilities off the US coast.
On the previous trading day, it was an index that asked whether or not to keep 1,500, but now it has fallen to the mid-1,400 range and seemed to go down to confirm support for the 1,400 range.
The index, which jumped from the previous low to the gap and fell through the gap, accelerated the plunge due to the announcement of the Blue House.
korean novel God of stocks chapter 406
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