Metro Holdings

[chaosdiablo]

Are you saying that the management is unable to unlock the value of Metro and that is the reason why the share price is trading at such a huge discount to NAV?

I don't want to be a wet blanket - I think there is nothing that shareholders can look forward to.

Pulling off the sale of Metro City Beijing is already a miracle. Given the current climate in China, it is difficult to see how Metro can find sorchai to buy them off any assets at the price that they are looking for.

Apart from being cash rich, their unwillingness to share will continue sustain a huge discount to book value. This is on top of valuations on their assets that is running low on leases.

If they are willing to unlock shareholders' wealth, they would have easily raise their regular dividend amount and declared a bigger special dividends.

I suppose there are good reasons why Metro has always been trading at generous discount to book value despite their steadily improving balance sheet especially in the last few years.

Be prepared to face 2 cents dividends in the absence of asset sales.

What can shareholders look forward to after this 6 cents dividend xd tomorrow ?