Chapter 97: 97
The second auction for the vacant lot in Gangdong District failed as expected . Gun-Ho was keeping an eye on the land while waiting for the right moment to purchase it at a low price .
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Manager Kang suggested Gun-Ho to participate in the third auction for the land . After having Manager Kang's report on the vacant lot, Gun-Ho asked him while looking at the calendar .
"What's the starting price for the third auction?"
"The price was 3 . 6 billion won at the second auction, so it will drop to 2 . 88 billion won for the third try of the auction . "
"Do you think I should offer 3 billion won?"
"Well, since the land is held in tenancy in common and the property interest for sale at the auction is only for 50% of the full property interest, it is possible that you would be the only one bidding on the land . If that happens, I guess we can offer the same amount as the starting price . "
"Let's go to the Seoul Eastern District Court together at the third auction day . "
"Okay, I will . "
"And, sir…"
"Yes?"
"You mentioned last time that you would participate in the auction with our company name instead of your name individually . "
"Oh, you are concerned about the bid deposit . I will transfer 300 million won to the business bank account . "
"300 million won should be enough since a bid deposit is 10% of the offer price . "
"Manager Kang, prepare the company's certificate of a registered seal . "
"Okay . "
Gun-Ho received a call from the branch manager of the stockbroking firm .
"Hello, President Goo . How have you been? This is the branch manager of the stock brokerage company . "
"Oh, hi . How are you?"
"Is it a good time to talk?"
"Yes, it's fine . "
"I'm calling to recommend you the stock of Samsung Electronics . That stock seems to be not moving much lately, but the price will surely increase soon in the future because the semiconductor business is still booming . "
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"Samsung stock is a large-cap stock that moves so slowly… What about the stocks of pharmaceutical companies?"
"Pharmaceutical company stocks are often manipulated by some groups of little people, so I don't recommend it to a big gentle player like you . Haha . "
"Hmm, Samsung Electronics…"
"You won't regret it . You will be able to smile after about three months once you buy their stock . "
"Okay . Their price per share is about 2,400,000 won . I will buy 1,000 shares then . "
"Thank you, sir . By the way, why don't you join me in playing golf in the field?"
"Thank you for asking, but I am not good at playing golf . Have a wonderful day . "
Gun-Ho purchased 2,000 shares of Samsung Electronics stock, instead of 1,000 shares .
"I am investing about 5 billion won in this stock . Assuming its stock price increases by only 1% after three months, how much will I make? Haha . It's still about 50 million won . "
Gun-Ho transferred the 90 million won to his sister's bank account, that he made from stock investment earlier .
"Sister? I just sent you 90 million won to your account . Have your husband buy the truck . "
"You did already? Thank you, Gun-Ho . Thank you . Don't worry about mom and dad . I will take good care of them . "
Gun-Ho hung up the phone before she would start crying .
Gun-Ho decided to learn to play golf, so he could expand his social network through it .
"There were so many people who enjoy playing golf and they become closer to each other by playing it together . The branch manager of the stock brokerage company and Attorney Kim from Kim&Jeong, they all play golf . I think I should know how to play it . "
Gun-Ho remembered that he saw a comprehensive sports center at the Yangjae four-way intersection; its name was 'Sportime . ' Sportime was popular among the middle-aged ladies living in the Gangnam area because they provided a hot spring bath to its members .
"How much do they charge for a membership?"
Gun-Ho called Sportime .
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"Sportime? I'm interested in buying a golf membership . How much is it?"
"If you buy a comprehensive membership, you can use all the facilities we provide in our sports center . "
"What types of facilities do you have then?"
"We, of course, have an indoor practice facility for golf, and we have a fitness center, swimming pool, and facilities for bowling and table-tennis . We also offer yoga and dance classes . "
"How much is it?"
"Is it for an individual membership or business membership?"
"I'd like to know the price for both . "
"Are you going to take a gold membership?"
"Huh? Umm, how much is that?"
"For a business membership, it's 250 million won and for an individual membership, it's 83 million won . "
Gun-Ho was astonished by its ridiculously high membership prices .
"Hmm, I see . I will stop by the center soon . "
Gun-Ho grumbled after getting off the phone with the sports center .
"It's unreasonably expensive . I don't have money to spend there . Well, I do have money and I can get their membership if I want, but I don't want to spend my money there . "
Gun-Ho decided to go somewhere less pricey than Sportime . He bought a three-month membership at the golf indoor facility inside the Education Community Center building . It was a bit far to drive but it was okay .
After spending his mornings at his office, Gun-Ho started going to the indoor practice facility for golf in his Land Rover . He already purchased a set of golf clubs, golf gloves, and golf shoes . Gun-Ho requested a private lesson from a golf coach . The coach who would teach Gun-Ho was a female in her 20s . Gun-Ho was told that the coach had once been a pro golfer . She certainly had a pro golfer's strong arms and physique .
"Is this your first time, sir?"
"Yes, this is my very first time . "
"What have you done so far without learning to play golf?"
"I was busy making a living . . . "
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The female coach smiled with her white teeth upon responding to what Gun-Ho was saying . She then opened Gun-Ho's golf bag and pulled out one club from the center of the various clubs in the bag .
"Let's start with this 7-iron . "
"Okay . "
"Spread your legs shoulder width and relax your wrists . "
For the next several days, Gun-Ho practiced golf swing diligently with his 7-iron . However, he didn't see any improvement . He kept missing the golf ball whenever he swung . The coach tried to improve Gun-Ho's posture .
"Don't take your eyes off the ball and move your waist only before hitting the ball . Relax your wrists!"
Gun-Ho hit the golf ball while trying to keep the right posture as the coach instructed .
However, the ball went less than 80 yards .
"Look at how I hit the ball and see the difference between your posture and mine . "
The lady coach hit the ball with her hair blowing; her swing was beautiful .
The golf ball that the coach hit flew and reached to the point more than 150 yards far .
"Whoa . That was nice!"
Gun-Ho kept practicing while trying to listen carefully to the coach's instruction and put a lot of efforts to make a nice swing just like the coach did . However, it didn't happen .
"F*ck! I guess I just don't have an aptitude for golf . "
Gun-Ho decided to visit China after ending this ridiculous golf lesson .
Gun-Ho called Professor Wang . The phone kept ringing but no one answered it . Maybe professor Wang was in a lecture . After one hour or so, Gun-Ho received a call from Professor Wang .
"President Goo? I'm sorry that I missed your call . I was in the middle of a lecture . "
"I'm coming to China to see the industrial complex in Kunshan City . When do you have time?"
"This week is not good, but I am good next week from Wednesday . Come, friend . "
"Okay, I will arrive at Hangzhou Xiaoshan Airport next Wednesday then . You don't have to come to pick me up at the airport . "
"Sounds good . Call me when you get here . "
"Okay, I will see you then . "
Gun-Ho arrived at Incheon International Airport .
"How come there are so many people here? It's like a traditional market . "
The airports in Korea had become busier and busier every year and now it became so crowded, which was different from the time when Gun-Ho had gone to China for the first time .
Gun-Ho arrived at the Xiaoshan Airport in Hangzhou City . It was a newly constructed airport .
"I can smell China in the air already . "
Gun-Ho gave a call to Professor Wang in a taxi . Professor Wang picked up the phone and he sounded sleepy .
"Hey, it's me . Are you at the university? Or home?"
"I'm home right now . Did you arrive? I can get ready quickly . Where are you?"
"Come to Shangri-La Hotel . I will be at the café inside the hotel . Let's have lunch together . "
When Gun-Ho arrived at the café in Shangri-La Hotel, Professor Wang was already there waving his hand at Gun-Ho .
"Hey, over here!"
"How did you get here so early?"
"I just arrived . "
"You want to go have lunch?"
"Well, it's a bit early for lunch . Let's have a cup of tea here for now . "
They had tea while listening to a live saxophone play . The saxophone player was an old gentleman . He was playing an old pop song with his saxophone .
"Nothing much is in the Jinxi Industrial Park right now . They are still in the process of completing 3-Flow work . "
"They have a floor plan, right?"
"Yeah, they do have a floor plan for the industrial park . I just talked with Deputy Mayor Li on the phone . He will be at the Business Hotel in Kunshan City tomorrow at 11 AM waiting for us in the lobby . The president of Jinxi Construction Company will join us there as well . "