[Report file] Is there an upper limit to just hearing the sound of 'twin'? "Acquisition is behind the scenes, only the stock price has risen"

"It will surpass Tesla"...

The wrong first button

of last year , 'Semisysco', the stock that heated up the KOSDAQ market the most.

After hitting the upper limit (30%) from the last day of May, it showed a phenomenal rate of increase, continuing the march in the upper limit for four consecutive trading days.

The stock price, which has been hovering around 7,000 won, has risen nearly sevenfold in just over a week based on the closing price.

In November of the same year, we changed the company sign to a familiar name.

It was the 'Edison EV'.

When he jumped into the battle to take over Ssangyong Motor, saying, "It will surpass Tesla," the stock price fluctuated again and rose 8 times in about a week from the highest price.

Edison EV, which recorded high price like eating rice.

The takeover of Ssangyong Motor failed and stock trading is currently suspended.

This is because the company recorded an operating loss for the fourth year in a row.

It means that you have sold the product for 4 years, but only lost money.

Who has benefited the most from this situation?

Let's go back to

.

Edison Motors Chairman Young-kwon Kang secured 1.12 million shares, or 16.67%, of Edison EV (then Semisysco) through a company in which he is the largest shareholder.

Six investment associations also spent more than 30 billion won to buy shares.

However, looking at it two months later, the stakes in these investment associations have significantly decreased.

Most of the stock was sold when the stock price jumped more than 7 times.

There are many rumors that CEO Kang's acquaintances participated in the six investment associations, but no official position has been released yet.

"This time we are going"...

Double drops are also 'upper limit'

This time the runners have changed.

It is a more familiar SsangBol than the Edison EV.

On the 31st of last month, Kwanglim, an affiliate of the SsangBall Group, said, "We plan to actively take over Ssangyong Motor by working with affiliates."

It means to attract affiliate money.

From then on, the high price march started again.

The stock price of Ssangbool, which started at 629 won, closed at 1,230 won on the 5th.

During the same period, Gwanglim, the stock of Ssangbangbang Group, sold from 2,525 won to 4,250 won.

Nanos costs from 3,915 won to 6,600 won.

Vivian is 2,710 won to 4,615 won.

IOK is 1,220 won to 2,085 won.

Except for the double drop, which nearly doubled, the increase rate was around 70%.

However, the industry remains skeptical.

According to the Financial Supervisory Service, the current assets of SsangBul Group are 270 billion won.

Combined, this is less than 400 billion won.

It is said that it is not easy as it is calculated that at least KRW 500 billion to KRW 1 trillion is needed for the acquisition and operation of Ssangyong Motor.

As the news spread, the stock price, which had soared high in the sky without realizing it, is recovering again.

During the same period, when it was revealed that Mirae Industries, a subsidiary of Ssangbangbang Group, had prepared 12 billion won in cash by selling all of the stocks that surged, the financial authorities also suggested intervention.

Jeong Eun-bo, head of the Financial Supervisory Service, criticized the current situation, saying, "The recent misuse of the capital market in the process of restructuring through acquisitions of listed companies has led to a decrease in market credibility and concerns about damage to investors."

A never-ending challenge...

Stock price surges due to 'halo effect' before takeover

It doesn't end here.

Recently, KG Group delivered its intention to acquire Ssangyong Motor to EY Hanyoung Accounting Corporation.

It is known that he formed a consortium with financial investors.

Again, KG group stocks soared.

At the same time, there is talk of a shortage of cash that KG Group can mobilize.

It seems difficult to evaluate the company as 'immoral' just because the stock price has risen after announcing that it is jumping into the acquisition of Ssangyong Motor.

However, companies that are not related to the automobile industry or engage in 'media play' with unreasonably insufficient funds will inevitably be criticized in the future.

Investors need to be careful as the situation can change at any time when even the down payment has not yet been paid.

An official from the securities industry looked at the recent situation and said:

"Only ants (investors) remain in the place where Ssangyong Motor swept away."

The remaining time on Ssangyong is 6 months...

What are the terms of the acquisition?

The road ahead of Ssangyong Motor that has survived until now is a thorny road.

As the door of the electric vehicle era opens, Ssangyong Motor's position as a 'SUV powerhouse' will inevitably decrease.

According to the Korea Automobile Manufacturers Association, a total of 6.66 million electric vehicles were sold in major countries around the world last year, up 110.7% from a year ago.

In Korea, Hyundai Motor Company's 'IONIQ 5' is terrifying.

Even if Ssangyong Motor enters the electric vehicle market right now, experts say it will take 4 to 5 years to catch up with the current level of technology.

Professor Kim Pil-su of Daelim University said, "Even if a company to acquire Ssangyong appears, it is true that Ssangyong will not be able to enter the electric vehicle market in a short period of time."

The head of the Yun Seok-Yeol government is bound to be complicated.

The battle to take over Ssangyong Motor, which was expected to be finalized by the last government, is bound to be burdensome.

In a situation where it is impossible to recklessly invest national finances, and in the worst case, if the 'liquidation procedure' proceeds, not only Ssangyong employees but also employees of partner companies may lose their jobs.

That number alone reaches 200,000.

Even current owners of Ssangyong Motors will face difficulties in repairs, etc.

Now there is only about 6 months left.

Instead of coveting only Ssangyong Motor's land or just issuing a check to boost stock prices, we have no choice but to wait for the real 'white knight' to appear.