Investor That Can See The Future

Chapter 421

Karos has officially released ADT1.

Although platooning has been commercialized by attaching a module to an existing truck, the unmanned electric truck is a technology that goes a few steps further.

People who saw the gigantic truck moving quietly and smoothly with no engine noise rose from their seats and applauded.

Electric vehicles and autonomous driving technologies shine more in commercial vehicles than in passenger cars. Among them, the unmanned electric truck can be said to be the core of future land transportation.

Therefore, all truck companies announced their development plans, and Scania and Mercedes-Benz trucks made prototypes and demonstrated test runs.

However, Karos was the fastest in commercialization.

Daryl said with his arms wide open.

“ADT1 will be the first to go into Silicon Valley and use it to rebuild California!”

* * *

(strategy)

Karos’s future strategy is condensed into three categories. The first is the continuous development of unmanned electric vehicles, the second is an open platform, and the third is the reinforcement of passenger services.

The most notable of these is the open platform strategy. This strategy is advantageous in several ways.

First, it can avoid competition with existing automakers and grow together. Already, Karos has attracted silver cars, GM, Ford, and BMW to the so-called ‘Caros camp’.

Second, even if you buy a competitor’s car, the car is powered by Karos’ software. This is the same as buying another company’s computer and having Windows installed on it, and a Korean company’s smartphone running Gubble’s Andromeda.

Third, it is the preoccupation of the car infotainment market. Karos has already established Let’s, a car infotainment company, jointly with Faceit.

Let’s analyze users’ tendencies and provide various contents such as education, video, entertainment, and travel through the vehicle’s display.

As autonomous driving technology and car sharing become more active, car sales will inevitably decrease. But whether renting or buying doesn’t make much of a difference in the total time people use a car. Passengers will use Let’s content during that time.

This shows that even if car sales decline in the future, Karos’ profits can continue to increase.

Analysts rotted their heads in estimating Karos’s enterprise value.

This is because the stock price of a listed company tells everything, but an unlisted company has no choice but to estimate by substituting various indicators.

In simple manufacturing, assets and profits are important factors in determining value. However, the high-tech manufacturing and service industries are more important than their immediate assets and profits, but their share and growth potential. As long as you can increase your share of the growing market, you can earn money later.

It was impossible to apply the same value to Karos as other automakers. Considering the future growth potential of the future car market, it was not strange to apply the same value as Guble or AMZ.

JP Morgan estimates Karos worth more than $900 billion, and Morgan Stanley said that if Karos goes public, it could be valued at least $1 trillion.

If this is true, it could even surpass AMZ, which is currently the number one company by market cap in the United States.

The governance structure of Karos is simple.

OTK Company, the largest shareholder, owns 71.5%, Seoseong Electronics, the second largest shareholder, holds 24.5%, and the management including Daryl owns 4%.

As the CEO of OTK Company is Jin-hoo Kang, it means that Jin-hoo Kang is controlling the giant company called Karos.

This is unprecedented in American economic history.

People couldn’t hide their surprise again.

“How much should I hold on to assets after the earthquake?”

“It doesn’t matter how much more you make in the future?”

“If it is the current trend, it will increase several times.”

“A young Korean is the richest man in the world.”

Fortunately, Americans did not have much objection to this.

America is a land of opportunity where anyone can succeed if they have the ability. And Jinhoo Kang is the hero who saved America from crisis.

* * *

Currently, the US economy is booming enough to be called a melting pot.

Not to mention automobile manufacturing and IT and other service industries, the California restoration project brought the construction industry to a boil.

Unemployment fell to 3 percent, virtually full employment, and businesses were struggling to find a job. In other words, there are a lot of jobs, but there are no people.

So now was the perfect time to launch ADT1.

Opposition to unmannedness is strong in any industry. Who would love to lose their job?

But if you are in a situation where you can find another job, there is less resistance.

Justification is enough. Materials are being transported to Silicon Valley from all over the United States, and they are anxious to find a truck driver at each construction site.

It will be even more difficult to object if there is a justification for rapid reconstruction.

The problem is still production.

The monthly production of ADT1 is only 600 units. Considering that last year’s sales of logistics trucks in the U.S. were about 300,000, this is a very small amount.

We are building an additional production line, and we plan to raise it to 1,000 units right away through production stabilization.

There is no end to what to do.

Taek-gyu looked at the article and said.

“I heard that Carlos might be the number one in the US market cap.”

“You’re just talking.”

Mega IT companies are concentrating on investment while keeping their operating profit margins as low as possible. As Karos is also implementing this strategy, in fact, considering the net profit, it is receiving an unreasonably high valuation.

No one knows the value of a stock. A stock is a stock that goes to the upper limit and goes directly to the lower limit even in a single article.

“A trillion dollars… … .”

At one time, the market cap of $1 trillion was unheard of.

However, a few years ago, companies that exceeded $1 trillion were born simultaneously. There are a total of four companies currently worth $1 trillion on the U.S. stock market.

AMZ, MS, NPL, Gubble.

As you can tell from the name alone, it is all in the IT industry.

Only these four companies are playing at $1 trillion, and the next ones are at best (?) at $500 billion or $600 billion. One of those companies is Berkshire Cashier, run by Warren Boat.

Companies with a market cap of $1 trillion already have their own moats that no one can overcome. And the same goes for Carlos.

Currently, there is no company that can be called a competitor to Karos in the future car market. Once a competitor, Nikola is on a workout because she can’t pay off her maturing bonds.

As he has already solidified his position in the market, Karos’ monopoly system will continue for a while.

So I guess that’s why it’s valued so highly.

However, no matter how expensive it is called, it does not mean that it is immediately in your hand as cash. No where to sell.

“But don’t you feel better when the stock price rises?”

“That’s right.”

In fact, after the $1 trillion announcement came out, Karos executives looked very excited. That’s why 1 trillion dollars has a lot of symbolic meaning.

“How about a game to commemorate the trillion dollar mark?”

“… … You are at work.”

And don’t you think it could drop to 500 billion dollars?

* * *

After work, I headed to the wine bar of the Grand Dayton Hotel.

It was still early, so the bar was quiet. I sat inside and waited.

After a while, a man arrived. She is a woman in her thirties with neatly tied hair and silver-rimmed glasses. Her outfit is a high-waisted skirt with a white blouse that fits her body perfectly.

Hyunjoo noona looked at me and said.

“sorry. It’s a little late. Did you wait long?”

“no. I haven’t been here in a while.”

Hyunjoo’s sister ordered wine. We clapped the glasses lightly.

“Has Henry arrived well?”

“Huh. It’s been a while since I’ve been there, so I guess I’m too busy meeting people.”

Henry left for New York yesterday.

“Did you call me out for a drink because you were bored?”

Hyunjoo noona laughed out loud.

“Well, there is something like that. When I get home from work, there is no one to greet me all the time, so it’s not like I’m right there.”

“Still, there’s a gun.”

“I’m really happy. How boring it is to be alone in that spacious house.”

For reference, Geon-i has two nanny to take care of her 24 hours a day. Still not sure if she was relieved, Hyun-joo noona checked her house CCTV with her smartphone from time to time.

“Why did you two want to see each other?”

“I just want to have a drink together. Hate?”

“I don’t like it.”

We see each other every day, but it’s been a long time since we’ve seen each other alone.

“And to give you this too.”

Hyunjoo noona handed me the envelope. It is none other than a wedding invitation.

“congratulations. Now you are really getting married.”

She should have had a wedding earlier, but she kept putting it off because she was busy with pregnancy, childbirth, and other things. However, preparations have been ongoing for several months, and as a result of collecting opinions and schedules from all walks of life, the date has been set for the next month. Venue: Jeju Island Ceylon Hotel.

The reason Henry went to New York was to meet and greet the distinguished guests in person.

“I don’t mind if I don’t, but she said that he had to unconditionally raise the ceremony.”

“of course. My sister should wear a dress, too.”

The wedding of the grandson of the world’s largest IB Golden Gate CEO and the president of the Korean branch. In the financial world, it is truly the wedding of the century.

“Isn’t it really okay to say that my sister is getting married?”

“Yes?”

Wasn’t the marriage early?

“You used to like me.”

“Fuck!”

In an instant, I almost spit out the drink I was drinking.

The reason noona knows about this is, of course, that Taek-gyu talked about it earlier.

“Oh, Taek-gyu Oh really.”

Hyunjoo noona laughed as if it was funny.

“Actually, I knew it before Taek-gyu said it.”

“Ok? From when?”

“I figured it out right away.”

I was surprised.

“Really?”

“You come to my house so recklessly, isn’t it strange that you don’t know anymore? And don’t you bring up economic terms that you wouldn’t even learn in middle school and ask what it means for nothing, or say that you’ll be entering Korea University later?”

“Ah… … .”

I’ve teased that much.

Actually, Taek Gyu-rang was in the same class, but she wasn’t that close. But by chance, I stopped by Taek-gyu’s house and saw Hyun-joo’s older sister.

Compared to the young girls at school, Hyunjoo noona felt like a real grown woman.

She was a fresh shock to me as she was a pure middle school student at the time.(Read more @ wuxiax.com)

From then on, I often went to Taek-gyu’s house after school to see Hyun-joo’s older sister. As a result, she became one of the best friends.

Now that I think about it, maybe this was my first love… … .

“It’s like going to Korea University thanks to my sister. I know?”

“I was surprised too. A middle school kid said that he also wanted to go to a Korean university, and she really knows how to enter.”

When I was in elementary school and middle school, I wasn’t really that good at studying.

But when she heard that her sister was a Korean university, she thought that she wanted to go to that university, and from then on, she began to study hard.

“If you think about it, she might not have even gotten to this point if she hadn’t met her sister.”

At my words, Hyunjoo noona smiled.

“Thank you for thinking that way.”

She said as if her sister sighed.

“I was young at the time. She is now an aunty.”

“What do you mean? She is still so pretty.”

“She has become a father.”

“It’s true. So Henry must have been in love with his sister.”

We chatted and drank continuously. It’s been a while since the two of us talked, so we have a lot to talk about.

Hyunjoo noona seemed to have something she wanted to say.

“Whether you live together or have children, marriage is another matter.”

“right.”

Americans seem to meet easily and break up easily, but even in the Western world, marriage is the most important social contract and the union between family and family.

Hyunjoo noona looked at me and said.

“To ask Ellie to take her bouquet.”

The bouquet is usually given to one of her bride’s friends, unmarried and married. So it’s only natural for Ellie to receive her bouquet.

What’s next?

I noticed what my sister wanted to say.

“All the while, she couldn’t count the men who ran for Eli. Among them, there were not one or two handsome and wealthy men.”

Elida exudes a model-like pose even in a suit. He is also a lawyer in the financial world by profession, so it is natural for men to line up.

“She had been suffering from it since she was little, so she didn’t really care about Ellie’s men. But I didn’t really know that she would be dating her brother’s friend. I’m not in a position to meddle in other people’s relationships, and I think Ellie would be upset if she found out, but I want to know what you think after Jin-hoo.”

“I am… … .”

It is inconceivable to even come to meet a woman other than Ellie.

Hyunjoo noona tilted her wine glass.

“It’s not about what to do right now. But from now on, I think it would be good to seriously think about it. You might think it’s too early to get married, but Ellie might not.”