The conglomerate discount of Gent (current market cap) versus the sum of its shareholdings of the market cap for each listed subsidiaries is showing extreme pessimism; >50% and unbelievable if you will. There are only two outcome (1) the boss to trigger privatisation, possible but not easy. (2) min 20% rebound to narrow the conglomerate discount to 30% first

it becomes attractive for the boss to privatise Gent when the conglomerate discount is at more than 50%. There is still at least 30% discount even if the boss makes an offer at 20% higher than the market. Not gonna be easy though as he has yet to complete privatisation of GenM. He will probably make a move on GenM first.

Jjy很多小股东都没有智慧
都在做春秋大梦你看看陈志远的公司以0.26卖给其他股东套现7000多万有形资产在一块多.要钱不要股.跟到不好的老板股票就是废纸一张
云顶净有形资产7块多
如果只剩20%一样画葫芦
最多也只值1.5左右.记得
股东门
投资掌握好，不必做到老
知识可以改变命运
祝大家财商进步。富足生命

indeed, 仙 黄大. capital misallocation instead of returning value to shareholders. Shareholders have been attacking and putting each other down in the forum over the past two years due to persistent pessimism about the share price and its prolonged downtrend. That speaks volumes of how much Gent is hated :)

when June comes, if both the news of NY casino opening with 100-200 tables and taurx drug approval still can't increase the price of this Genting share, then we'll know how rot genting is and probably would be delisted for listing in NYSE.

I can imagine how the boss may look forward to delist Gent for RM7-8 billion for the remaining 50% outstanding shares and next list Getting America for USD10 bil for a 51% share offered. easily pocket back RM40 bil for himself and family by just spending rm8 billions here. not to forget he still own 49% of Genting America via his 100% Genting group ownership.
by that time both GenM n Gent would be delisted.