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No one ever believed it would come to this, but soon the price will fall below RM2.00. A father spent his whole life building this company from the ground up, caring for it and its shareholders like his own family. And now, this is what it has come to under his son’s watch. One can only imagine the heartbreak he must be feeling & what a painful chapter for an old man who gave it everything.
Looking at the current situation, a price of RM1.35 for Genting’s share is not impossible. The founder spent his entire life building this empire and wealth; it must be deeply saddening and disappointing to witness this from above. As the Chinese saying goes, wealth rarely lasts beyond three generations—it seems to be unfolding that way here.
People often say that if one lacks capability, even the strongest backing is of no use.