<h4>Chapter 73: Hit a Jackpot with Four Major Rivers Project (1) – PART 2</h4>
Once the realtor finished his sales pitch, ady asked a question.
“How much is it per pyung?”
“It’s 1 million won per pyung. That’s the price if you buy now. After a few days, the price will go up.”
“You said it is a farnd. It’s very expensive for a farnd.”
“Look at the area. The way thend is used can be changed. Do you know what would happen once thisnd is ressified? I don’t think you know.”
“What would happen?”
Thedies swallowed their saliva.
“Since it is a riverside area, you can build a motel or a beautiful café. You can rent it out and let it generate ie for your retirement.”
The three women blinked their eyes. It seemed like they were picturing a cozy café or a motel on thend inside their heads.
Ordinary people seemed to be very interested in the riversidend.
The realtor’s office was busy answering phone calls.
“Whether there is and on the market? Not yet. There is one but someone is talking with our realtor about thend right now.”
“And on the market? Why don’t youe and consult our realtor? I am with a client right now and I gotta go.”
Thedies were discussing about thend.
“Did you see all the phone calls we are receiving right now? Thend that’s avable today might not be avable tomorrow.”
“I am a resident of Seoul. Is it possible for me to buy a farnd here? I was told that in order to buy a farnd, I have to submit some kind of n for the use of thend.”
“You don’t have to worry about it. If you make a provisional contract for thend today, I will exin everything to you about it.”
“How much do you require for a provisional contract?”
“As you know, for a contract, 10% of thend’s price is required. However, I can’t ask thendowner toe to the office right now to make the contract, so 10 million won will do for now. And thend will be on hold for you.”
“Okay then, we will take all those three lots.”
Thedies were probably wealthy. They looked generous and merciful like Buddha. Moreover, they seemed to be benevolent just like Liu Bei in the Chinese historical novel, Romance of the Three Kingdoms. Onedy opened her designer bag and pulled out checks.
The realtor looked at Gun-Ho.
“I can give you a call once anothernd appears on the market. Leave your business card with me.”
“I don’t have a business card.”
A frown appeared on his forehead when Gun-Ho said he didn’t have a business card. He handed a piece of paper to Gun-Ho and said,
“You can leave your number here.”
Gun-Ho thought he could get a lot of spam calls once he gave his number to him, but he couldn’t tell him he didn’t want to leave his number. After he left his number with the realtor, Gun-Ho walked out of the office.
“Thosedies will eagerly look forward to MB’s election. If their husbands are either a university professor, a pastor or are working in the media, their husbands will try so hard to have MB get elected. Those civic organizations that are opposing the Four Major Rivers Project, Min-Ho Kang and the female journalist, can they beat those people?
Gun-Ho thought about these things while driving back to Seoul.
After his trip to Yeoju City, Gun-Ho thought about the Four Major Rivers Project all day long every single day.
The wallpaper pattern on the ceiling looked like a flowing river. He once dreamed about a field of reeds around the four rivers. Gun-Ho opened an early morning newspaper.
“The Four Major Rivers Project is hitting the news every day. The newspaper is covered with it.”
Gun-Ho read every single news and articles on the newspaper meticulously. After he was done with the newspaper, he started thinking again.
“Thosedies who bought the riversidend in Yeoju City probably have rich husbands, so they can just go around and shop fornds like a hobby or something. But I can’t. Not just yet.”
One of the reasons why Gun-Ho couldn’t easily decide to acquire and now was that he couldn’t afford to have his money tied up in and. Unless he had a job or a business that generated ie, he wouldn’t be able to use a significant amount of his money into a long-term investment like thedies did—who bought thend in Yeoju.
“Then what should I do?”
Gun-Ho walked around in his room with his arms crossed.
He couldn’te up with any good ideas. He thought of the weir that the realtor mentioned. A weir is a barrier built to control the flow of the river’s water.
“Building a weir in a stream should not be so difficult while building a weir in a river with a strong current would involve arge scale construction and it takes a long time toplete.”
Gun-Ho thought of what Chairman Lee told him about the Four Major Rivers Project earlier.
“Do you think MB will be elected? If so, will he do the Four Major Rivers Project? If so, who would benefit the most from the project?”
Gun-Ho walked around again in his room with his arms crossed.
“The first beneficiary must be thendowners around the river, and... Oh, my gosh!”
An idea shed across Gun-Ho’s mind. A light bulb went on over his head.
“That’s it! It’s dredging construction!”
Gun-Ho went over on what Chairman Lee said about Major Rivers Project once again.
‘Do you think MB will be elected?’
“He will likely be elected. The economy was not doing well right now, so the electorate was leaning toward MB who used to be a CEO of a bigpany. Their hopes were high. Additionally, his opponent—Dong-Young Jeong—was not very popr.”
‘If so, will he deliver on the Four Major Rivers Project promise?’
“He will certainly do it. He had a good experience with his previous renewal project with Cheonggyecheon. It was a sess, so he will definitely do it again without hesitation.”
‘If so, who would benefit the most from the project?’
“It will be thendowner around the four rivers, and the people who will participate in the project—the constructionpanies. He wouldn’t select Hyundai Construction for the project though because he once worked there so the public will suspect the connection between the two. I should put aside those big constructionpanies. Mid-sized constructionpanies will be selected. Which one of those has experience with dredging construction or industrial nt construction?”
He narrowed down the list of constructionpanies that would be possibly selected to participate in the Four Major Rivers Project to those mid-sizepanies with experience of dredging or industrial nt construction. Gun-Ho started searching on the Inte.
“Investing in real estate is a good option for me, but investing in stocks rted to the project is good as well. The people who have money make more money. I have more than 1.1 billion won. I don’t want my money tied up in a real estate. Stocks can be easily liquidated, so investing in stocks is a better option for me. If I use my 1.1 billion won in investing in stocks, I can easily recover the loss incurred by my earlier QM Steel stock investment.”
Gun-Ho started searching on the Inte enthusiastically.
“I have to find the constructionpanies who will likely participate in the Four Major Rivers Project!”
He was alreadyte.
Two strong KOSDAQ registered candidates—EE-HWA Construction and Samok-Jeong Company—became popr already among little investors. (Sammok-Jeong Company is now Sammok S-Form)
EE-HWA Construction was an industrial nt constructionpany, and Sammok-Jeong Company manufactured construction molding.
“Sh*t, these people are so quick. EE-HWA Construction and Sammok-Jeong Company were not this popr before.”
Gun-Ho observed the trading volume of those twopanies’ stocks and verified whether foreigners and institutional investors purchased their stocks.
“The trading volume has been increasing, and their stock prices are above the 20-day moving average! Should I get in now? There is still time until the presidential election.”
Gun-Ho sighed and mumbled while closing his eyes. He then looked into a nk space. He could only think of EE-HWA Construction and Samok-Jeong Company right now. He didn’t even hear the delivery man who was ringing the doorbell of his office-tel.