Breaking Up Is Better Than Divorce

someone else’s money

“yes. 55 billion to be exact.”

Sunggyu told his father the exact amount of money he had.

Even at the age of 90, Chairman Ryu still knew the details of his own actions and his father’s actions.

“sorry. The group is difficult, but I just want to take care of myself.”

Since my grandfather already knows, I think there is no point in making excuses.

“No sorry. If there is such an opportunity, it is natural to seize it quickly. you were the only one The other guys floundered around and missed a chance to pitch a short sale.”

The old man’s words were not the scolding Sunggyu had envisioned.

“However… … .”

“yes. Grandpa.”

“It’s five billion. It’s disappointing that I couldn’t put that in.”

“sorry.”

“Director Oh put in 200 billion won. I think I made 80 billion won.”

“ah!”

The fact that Chairman Ryu’s henchman, Chief of Staff Oh Kyung-duk moved, meant that it was the intention of Chairman Ryu.

“It was a very good attitude to never miss an opportunity to benefit under any circumstances. But if I had thought a little more, I could have made a bigger profit. Why didn’t you come running to me right away?”

“I was short in thought.”

“okay. Of course, it must have been difficult to say that he was trying to increase his stake in Daeyang International and Daeyang Heavy Industries with the profits he earned. But yes, my dear.”

Unlike usual, Chairman Ryu treated his grandson with a kind face.

“I have no intention of stopping you from being greedy for Daeyang’s stake. In order to swallow up the great empire of the ocean. You must have endless greed. Those who are not greedy do not deserve to inherit the ocean I have built.”

Sunggyu was silently listening to the old man’s words.

“If there is such an opportunity in the future, do not miss it and hold on to it. And don’t forget to come to me and ask for help if you need it. Wasn’t it someone else and not your grandfather?”

“Grandpa.”

Sunggyu looked at his grandfather with thrilled eyes.

“done. Don’t be so cute, go out now.”

“yes. Grandpa.”

With a smile, Sunggyu bowed his head and left the room.

“Tell me to come over there, Chief Oh.”

When the grandson left, Chairman Ryu found his henchman by intercom.

“Sunggyu, that guy looks just like me. There’s a lot of greed and no friendship. Only the ambition to put the ocean in my hands. But it’s still too clumsy.”

Chairman Liu said.

As usual, there was a certain emotion in his voice.

“Still, he’s doing great for his age.”

“You help me.”

“Are you serious?”

Director Oh asked with a slightly surprised expression.

Until now, Chairman Ryu had never said such a thing to Director Oh.

Sons and grandchildren only stood back and watched the fierce battle between them.

And now for the first time, the old man was trying to change that composition.

“It’s probably not serious.”

“Due to this incident, both the group and DL Capital suffered considerable losses. But for the ocean group, it’s just a small storm.”

“no. I’m not talking about Freescale.”

The old man’s eyes deepened.

“Then what are you talking about? … .”

“That little guy. Did I say Kang Yujin?”

“yes. Kang Yu-Jin That thunder-naked bastard is undoubtedly showing hostility to the Daeyang Group. But it is not to the extent that the president is concerned. At best, it’s nothing more than winning one big hand with money. Those guys are bound to fall for my tricks at any time.”

“no. I feel bad. How much money did he make this time?”

“From what we’ve been able to figure out, it’s about 1.2 trillion won.”

Although Eugene hadn’t said anything to anyone yet, the Daeyang Group secretary office was estimating Eugene’s profit at least similarly.

Unlike in the United States, in Korea, investor information is easily passed on to superiors.

For a group with the status of the ocean, anyone in this country could find out the assets and investment details of anyone they wanted in a matter of minutes.

What is still unknown is the extent of investment carried out by foreign investment institutions.

“You and Seong-gyu have earned no more than 150 billion won at most. But he made ten times that amount.”

“Luck. Who in the world would have known that terrorism would happen in Malaysia? The gnome threw 500 billion on a news article simply out of hostility to the ocean. It may have made a lot of money right now, but it is too reckless.”

Director Oh denied that the president highly valued Eugene.

A person who bets big money as he pleases without much information cannot be a big person.

At least, as far as Director Oh knew.

“Anyway, keep an eye out for more.”

Chairman Ryu had no intention of arguing by comparing his own perspective with that of Director Oh.

“All right. I will mark him as much as possible.”

“Whew… … It will probably be a tougher time than it was 18 years ago.”

The old man was much more concerned about the gritty little boy named Kang Yu-jin than the enormous damage suffered by the Freescale incident.

“So that means we’ve lost two billion dollars this time… … .”

“yes. The DL gun is like that.”

They did not comment on the damage suffered by the Daeyang Group.

“Did the stock price drop enough to fall?”

“It looks like it’s on the floor.”

“Then we can take it slowly now. When the acquisition is over, send out an article stating that the contract to acquire Freescale will be terminated. Then I will come back to my place.”

Chairman Ryu is truly a person who falls down on the road and at least picks up dirt and gets up.

It has always been so. If the company expects a loss, sell it in advance, and if it makes a profit, buy it in advance.

The reason that Daeyang Electronics’ stock fell nearly 30% this time was also due to the market’s reaction to terrorism, but Chairman Ryu’s intention to use this as an opportunity made the share price fall even more.

“How much can you make up for with that?”

“We need to get at least half of it back.”

What Chairman Liu said to his grandson was quite far from the truth.

“Hey, Goyan… … . Even if you do that, it’s a loss of 1 trillion won… … . Where the hell do you get this? It’s okay, it’s okay.”

Chairman Ryu’s face trembled slightly as he recalled the loss again.

Director Oh could see that his master was genuinely angry.

And at times like that, I was well aware that I was a person who had to deal with someone’s anger.

But this time there was no target. Who is to be held accountable for the terrorism in Malaysia?

“I guess Han Jae-deok is too old now.”

Finally, the old man found someone to be held accountable for this horrific event.

“That’s right. As I get older, I don’t seem to be able to behave properly.”

“okay. If you can’t act, you should stop. It’s past the age of retirement, it’s past.”

That was the end of it. But Director Oh knew what he had to do.

* * *

One day in May, when the articles about Freescale were slowly disappearing, Eugene went out to the Dasan Motors headquarters for a drink.

“this… … That’s funny. Who knew it would turn out like this.”

“That’s it. It’s a blessing not to be able to take over Freescale.”

“Blessed. Right. If disaster strikes the ocean, good for us. Heh heh.”

Kim Soo-ho, who had a bear-like impression, laughed slyly.

“Now, the Freescale acquisition looks very over the top.”

“I will. Buying a 15 billion dollar bill for 28 billion won and buying a 10 billion dollar bill for 28 billion won are completely different things. There are already articles criticizing Daeyang Electronics for its recklessness.”

“Does the vice president think that Daeyang is about to give up on the contract?”

“You have to make me give up.”

Vice President Kim Su-ho’s eyes gleamed insidiously. It was after I had already lobbied a lot of people in the political and financial circles.

The fact that the media is publishing negative articles about Daeyang’s acquisition of Freescale cannot be said to have nothing to do with Dasan’s intentions.

“It’s good. Oh, of course I’m sorry for the victims of terrorism.”

“If Daeyang gives up Freescale, are you willing to take over from Dasan?”

“maybe. First of all, because I have time. It will take at least a year for the Blackstone Group to settle this situation. It looks like we’re going to file a contract break suit, so that’s going to take time too.”

“The lawsuit won’t last long. In Daeyang, there is no intention to keep the funds invested in DL Capital tied up.”

“It shouldn’t be. It will take several months though. Anyway, once Daeyang gives up the down payment, there will be no need to take over again. Anyway, no one is going to take over Freescale for a year or two. In two years, we can also prepare live ammunition. The acquisition price will come down due to the Malaysia case. Anyway, Freescale is our car.”

“Hey, what about it? Actually, I am also interested in Freescale.”

Eugene smirked and said.

“You?”

Vice President Kim Soo-ho opens his eyes and looks at Eugene.

“Honestly, isn’t it an attractive property? Whether it’s an electric vehicle, a hybrid, a hydrogen car, or autonomous driving. In the future, the value of Freescale will grow more and more. If you buy it, I don’t think you’ll see any loss.”

There is no exaggeration in Eugene’s words. In the next five years, Dasan Motors will have to build a factory due to the supply and demand problem of semiconductors for vehicles.

Unlike general semiconductors, automotive semiconductors that require high durability against high pressure and high temperatures lack know-how to be manufactured by general semiconductor companies.

“Are you going to compete with us for Freescale?”

“What if I bought it and sent it back to Dasan for adoption? I heard that NXP is interested in Freescale. If Blackstone has a $3 billion down payment from the ocean, it doesn’t mean it can’t be sold a little cheaper. Isn’t that the only way you’ve been looking for an exit? For NXP, I think it’s a great opportunity. Not just NXP, but Renesas and Infineon as well. If the price is low, will the market wait for two years?”

“Hmm… … .”

At Eugene’s words, Vice President Kim Su-ho entered into thoughts.

Of course, Dasan did not mean that he did not think about other companies.

But when Eugene speaks so confidently, there is no choice but to be a little more concerned.

The Dasan Group head family, who had been watching Eugene so far, were very concerned about him, unlike what he saw from the outside.

The fact that many Chinese divisions of Dasan Group affiliates noticed the unexpected fall of the Shanghai city secretary suggests that Eugene possesses unusual intelligence.

Moreover, he was aware of the partnership with Shanghai Husugao Chi-Che, which was under way, and was fully aware of Daeyang’s acquisition of Freescale.

It was he who dug into the relationship between Daeyang and DL Capital.

It is unreasonable to regard that as just a lucky boy who hit the jackpot simply because he was lucky.

At least in terms of information power, it had to be acknowledged.

“I mean Renesas… … .”

If Freescale goes to the ocean, it’s a big problem, but if it’s taken over by NXP or Infineon, there’s nothing to worry about. But Renesas is a little more difficult.

If all automotive semiconductors fall into Japanese hands… … .

Automobile companies around this time had already sufficiently predicted that the electric field would dominate the automobile industry in the future.

Dasan Motors’ domestic rival is Daeyang Motors, but from a global perspective, Toyota of Japan is the ultimate opponent that must be overcome.

But Renesas, which is in Toyota’s grasp, takes over Freescale?

Maybe it’s more of a problem than getting into the ocean.

“So do you have the funds to acquire Freescale?”

Kim Soo-ho straightens his slightly hardened face and asks.

“If not, why not borrow it? haha.”

“Playing on Wall Street, I got a taste for borrowing.”

“What. It’s a business, isn’t it?”

“okay. That’s what business is. You do it with someone else’s money.”

Uncle Bear swallowed his disappointment once again.

In other words, it means that now is the most driest time in the past 10 years.

But from what I’ve heard, it’s not just a bad suggestion.

“It will still take some time for the ocean to completely disengage, so wait and see.”

Vice President Kim Su-ho began to seriously consider Eugene’s proposal.

“By the way, he must be very hot. I’ve been watching my old man run his business, and I’ve never been so upset in nearly 20 years.”

Again, the topic returned to the chairman of the Daeyang Group.

“Still, it wouldn’t have been a loss. It feels like the share price has fallen beyond the normal reaction.”

Eugene doubted whether Daeyang’s hand was reaching out to the decline in Daeyang Group’s stock price.

Daeyang Group’s response to the share price drop was too slow.

If Daeyang Electronics had announced a stop loss for Freescale a little earlier, it would have been much better than it is now.

However, in the ocean, the share price decline was neglected.

“These are the people who will remain.”

Vice President Kim agrees.

“So, you guys, you made a lot of profit from this short sale, didn’t you?”

“yes. I had quite a bit of fun.”

But there is still more to be enjoyed.

The Daeyang Group would believe that the situation was over, but there was one more small bomb that Eugene had prepared.

bang!

“What the hell is this! who! Who dares do such a thing!”

An unbelievable old man’s shout shook the mansion.

“Who left Geun-seok like this? Who said this about Geun-seok?”

While Chairman Liu’s shouts erupted, everyone in the mansion was terrified and did not know what to do.

“News from America.”

Director Oh also responded with a much more cautious attitude than usual.