Chapter 781 - IPO Presentation (2) – Part 2
The convention center was large in size, and Gun-Ho didn’t expect to see it fully filled with people. But, to his surprise, a lot of people came to see the presentation. Most of them were actual institutional investors, investment consultants, and people from various stock brokerage firms. Economic reporters came as well.
Gun-Ho felt calm when he held the microphone to give his presentation.
“Ladies and gentlemen, thank you all for coming. I truly appreciate that you make time to come given your busy schedule. My name is Gun-Ho Goo. I’m the president of Dyeon Korea.”
Assistant Manager Il-Gi Seong was busily taking pictures in the back of the room.
Gun-Ho continued, “Dyeon Korea is a manufacturing company that produces PP compounds and engineering plastics. We manufacture the raw materials that are used to make auto and electronic devices’ parts. We recently started producing eco-friendly materials…”
The attendees were listening to Gun-Ho’s speech silently. There were some people making a note from time to time while listening, but no one raised any questions.
When Gun-Ho talked about the company’s financial situation, he explained it very well and professionally without even looking at a document or a PowerPoint slide since he remembered all the numbers.
“Our company has been in business for less than three years; however, our annual sales growth rate is more than 30%. Dyeon Korea’s partner is the world-renowned American company—Lymondell Dyeon. We have the exclusive right to manufacture and sell the products in the entire Asia market. The company has no debt, and it generates profits. We have our factories overseas as well, specifically in Chennai, India, and Suzhou City, Jiangsu Province in China.
The Asia market is currently bigger than the markets in Europe, South America, or North America. Since India and China is a huge continent, we are planning to build more factories there. We will also expand our business to Indonesia, Vietnam, Uzbekistan, and the Middle East. In order to build additional factories in these countries, we need funds. This is the main reason why we decided to go public.”
Once Gun-Ho finished his presentation, he started the Q&A session giving the attendees the opportunity to ask any relevant questions. However, not many people had a question. Only a few asked about if the company had a competitor, and in what percentage the joint venture’s two major shareholders own its ownership interest. When Gun-Ho looked at the exit door in the back, there were a lot of people standing there. They were probably those who arrived at the presentation a bit late and couldn’t find a seat. They attentively listened to Gun-Ho’s presentation while standing in the back.
When the presentation was over, the branch manager of the stock brokerage company extended his hand to Gun-Ho for a handshake.
“It was a nice presentation, sir.”
“I hope I didn’t make any mistakes.”
“You didn’t. You did very well. You looked calm and stable which must give a good impression to the investors. When you talked about the company’s financial status, I’ve noticed that you didn’t even look at any documents. I thought it was very you.”
“Do you think we will have many investors who would show their interests?”