Omniscient Investment Point - Chapter 290



Only Krnovel

290 Innovation is possible only when it penetrates everyday life – 2

(1)

Since Daehyun Technology decided to build a robot, I wanted to get updates on the process.

I don’t want to know the technical details that require security.

Even though I was an investor, I couldn’t ask for such trade secrets.

“I just want to know the development speed.”

“Of course we should share it.”

Ryu Jeong-bae seemed apologetic and readily accepted my request.

The reason he looked apologetic was simple.

Because they didn’t release the wearable robot they promised me.

Was that why?

A few days later, he sent me the first course via text message.

But it wasn’t a kimchi robot.

– It was already judged that it was too late to launch a kimchi robot this year, so a meeting was held to launch a wearable robot in the spring instead.

– Oh, really?

– Yeah, there’s a bit of controversy here, and it’s because of the motor reducer company.

– If you are a motor reducer manufacturer, there is PSG in Korea, right?

– Huh? Yes, yes, I see you know a lot. But that’s not our company’s main business partner.

– Where are you?

– It’s a Japanese company. The problem is that global work is concentrated here, so it takes quite some time for it to reach our turn.

I couldn’t help but nod my head while chatting on KakaoTalk.

‘It’s true that Japanese companies are good at making robot-related parts.’

It’s not just robots.

Japan was a small business powerhouse.

So I asked.

– Are you 100% relying on the motor reducer?

– Yes, that’s right.

– Is it burdensome to switch to a domestic company?

– I think there is a quality issue.

– As far as I know, PSG is said to be the second best company in the world in manufacturing motor reducers after Japan.

– That’s right. Then, shall we try using that part? By the way, the third best company is in China.

Our country places a lot of question marks on products made in China.

I was one of them, but China’s technological prowess was already growing by the day.

The same goes for the robotics field, and I knew about the places that Ryu Jeong-bae mentioned.

Why did you mention Chinese companies?

– If it’s because of the price, I think it’s better to go to PSG.

He seemed to want to lower the unit price.

– Okay, thanks for the advice.

– Nope. Hahaha

At this point, it could be called influence rather than advice.

It felt like my input was being put into the design process, essentially using our Daeil farm as a test bed.

‘By the way, it’s PSG.’

It was time to dig a little deeper into robots, including that one.

So, I gave Kwak Hyun-woo homework for the first time in a long time.

“Hyunwoo.”

“Yes, sir.”

“Go study robotics this weekend.”

“omg.”

“It has to be flawless. When you stab it, it has to come out on a scale from 1 to 10.”

“That’s too much. Could you narrow it down a bit?”

“Really? Then at least familiarize yourself with the motor reducer.”

“All right…….”

Operation success.

If you had told me to study motor reducers, I would have narrowed it down further.

‘Oh my, it doesn’t grow.’

Everything else is progressing by leaps and bounds, but I’m not good at letting things get out of my hands.

Of course, that’s why I like Kwak Hyun-woo.

(2)

Over the weekend, I spent time with Myeongjuwon, who had wanted to have a meal with me as soon as I arrived from Japan.

“I’m so anxious. Hahaha.”

As it turned out, there was another reason.

“As always, I don’t think I can push forward with anything without trusting the country called Japan.”

“why?”

“There’s a story coming out in the Japanese media that they sold Magnetic to a Korean investment company at a very cheap price.”

“You came now?”

“Once our company turned a profit, our operating profit improved significantly.”

“hmm…….”

I don’t trust the country called Japan either.

Their nature is strong against the weak, weak against the strong, strong against the weak, as always.

“Then, should we just spread the rumor about the sale?”

“Oh, sir, haha… … .”

“Why? I’ll sell it if someone offers a good price.”

“Without even asking the current chairman.”

“That gentleman probably thinks the same way as I do. He doesn’t completely trust Japan.”

When I look at the history of our companies based in Japan, I can’t help but feel annoyed.

So I’ve always been one of those people who thinks there has to be a second or third option.

“Even if we enter into negotiations now, it will take years to sell. In the meantime, we can inflate the value of Magnetic to several times the acquisition price. And then we can exit leisurely.”

“Was that your original plan?”

“No. We have to show this to Japan, they will be scared. Especially since they don’t know where we will sell.”

“Oh, I see.”

What if, in other words, they sell it to a Chinese or Russian company?

Even if it is blocked by law and system, there are quite a few shortcuts in the world.

“The key is to remember that we are A and they are B. If the media reports that, Representative Myung should fight back.”

“Okay, I’ll keep that in mind. Hahaha.”

Myeongjuwon will probably have other thoughts as well.

But the reason you came to me in person today and reported to me is to ensure that you can respond as you wish.

“If you touch me one more time, I won’t stay still.”

“Yes, that’s right.”

I nodded and smiled at his words, implying that he was holding back.

I wish the Japanese media would just touch on it once.

Let’s just set it on fire.

This is probably what they call a “tacho slope”?

(3)

After the weekend, Kwak Hyun-woo came to me and finally laid out what he had studied.

“PSG’s investment point is that it is a powerhouse in precision reducers used in industrial robots.”

This guy seemed to be looking into it so I could invest.

‘Well, there’s nothing I can’t do.’

Was that why? It really hit the investment point perfectly.

“In particular, it can be supplied to both collaborative robots and traditional industrial robots.”

“So where do you do it most?”

“There are five domestic and foreign companies. Three of them are Chinese companies and two are from our country.”

“Hey, that’s too little.”

“It’s not that long of a history. Originally, there were a few other companies, including the US, but they were replaced by Japanese companies starting this year. No, to be precise, there was a bottleneck in the Japanese companies, so they used PSG’s motor reducer for a while and then went back.”

“Then, similar situations will repeat themselves in the future.”

“And then you can take that spot. As you know, manufacturers have a really hard time when there is supply and demand instability.”

“but.”

Suddenly, automotive semiconductors came to mind.

It was also a Japanese company, and there was a time when the factory stopped operating due to a fire or flood.

People only then learned firsthand that they could not buy cars because of automotive semiconductors.

Manufacturers were also in a difficult position, and in particular, Korea, which had no domestic companies producing automotive semiconductors, felt the need for diversification more than ever.

If we plug this into a robot reducer, wouldn’t we be able to catch a glimpse of the future of PSG?

“Furthermore, the penetration rate of the collaborative robot market is expected to soar to approximately 30% by next year. Accordingly, the demand for precision reducers is expected to increase significantly, and it is clear that the monopoly of Japanese companies will be broken.”

“Good, good.”

“Are you investing?”

“huh.”

I didn’t think about it at first, but after hearing it, I changed my mind.

Perhaps that thought has been heightened by the recent surge in Dr. Carty’s stock price.

Because I cashed out some of it and thought it would be okay to invest it somewhere.

“The market capitalization is also just right. It’s around 500 billion.”

I liked this too.

Finally, the reason why I thought I had to invest unconditionally.

“Sales were 500 billion won, and operating profit was 300 billion won.”

“You’re making a profit?”

“Yes, it is one of the few places among the robotics-related fields.”

“It’s better.”

“There was a time when robots were running smoothly, but unfortunately, they’ve become quiet these days. So, by the deep? What do you think?”

“Gogosing.”

This is how I decided to invest in PSG.

And this decision began to have aftershocks.

(4)

The sign is due to one title from an economic newspaper with the word ‘exclusive’ in it.

『Long-life, robot parts manufacturer?』

『JTS, hooked on robots!』

There’s a stalker. Or, there’s a spy inside.

“How did you know?”

“I think someone is following me.”

On the way to PSG, Kwak Hyun-woo took my words lightly.

“If this continues, I’ll go out.”

“why?”

“Won’t the robot stock price go up?”

“Yes, so I think it will be difficult for our company to be purely buy-the-dip in the future.”

“Damn. I can’t control this guy’s popularity.”

“… … .”

“Why aren’t you saying anything?”

“Can I tell you that you are unlucky?”

“ha ha ha.”

PSG arrived while exchanging jokes like this.

Maybe it was because I had called in advance, but the representative was waiting for me.

“Nice to meet you. My name is Jaehak Lee.”

He didn’t look young. At least sixty? No wonder, PSG wasn’t a new company.

It was originally famous for its motors, and when robots appeared, it developed motor reducers as a new business.

“Nice to meet you. I am Jang Su-myeong.”

“I know. I need an introduction, but you don’t have to, sir. Hahaha.”

Wherever I went, I felt comfortable because of my fame.

There were also drawbacks.

In the past, when investing, it was okay to cut back a little.

There is no law that says it can’t be done now, but it seems that small and medium-sized businesses are being treated with caution.

However, for investment, there were some areas that needed to be carefully checked.

“I have one question to ask.”

“Yes, go ahead.”

“If you receive investment, what will be the first thing you do?”

“It’s research and development.”

As soon as I heard the answer, I nodded.

PSG had a fairly high debt ratio.

But since he didn’t say he would pay it back, I couldn’t help but like it.

“All right.”

“What is the investment method?”

“What can I do for you? Bonds, stocks, block deals, it doesn’t matter.”

“Shall we go with a comfortable 3-person arrangement?”

“Yes, that’s right.”

This was also adjusted.

It’s literally lightning fast.

‘Since you have a lot of money, this is also possible.’

I thought about it as I came out of PSG.

Maybe in the capitalist world there is nothing that money cannot do.

I am not a materialist, but I believe that one industry can be easily created.

As I got into the car, my confidence began to grow.

My smartphone rang and I got a call from Ryu Jeong-bae.

– Are you investing in PSG?

“No, are you stalking me?”

– Hahaha, you might think so. Actually, our executive visited there because of the motor reducer. I got a call from the CEO saying he saw it in passing.

“okay.”

– PSG is blessed, right? They’ll rise soon.

“That is a dangerous statement to make right now.”

– Oh, I will never buy even one share.

Invest in stocks with inside information.

If you’re not careful, you might get caught up in something like that.

Anyway, there are a lot of people on this earth who do that kind of thing.

‘I can’t do that either.’

I already have a cheat key.

This is my right eye reader.

It doesn’t work as well these days, but it’s implemented the formula for success so far.

But the real reward is greater when you don’t rely on a reader.

So I’m looking forward to this one too.

PSG, one day I hope they beat the Japanese and become the best in the world.