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For those investors with more than RM2.35 GENM, the best hope is the failed privatization, especially with the sure-get casino license and quitting of the strongest competitor (MGM) that has the established business or facilities.
If you take no actions and the privatization is successful, Uncle Lim still has to send you RM2.35/share to your account. Sell now, and you will lose the opportunity to witness a failed privatization. Also, GENT has already appreciated.
@Nnn, that depends on whether you believe the privatization would be successful or not -- most analysts said no. If not successful, GENM will be more valuable with the sure-get casino license in NY with 800 gaming tables within 6 months, while other competitors need several years from scratch.
