I also agree, the CEO LKT and his crook of rotten management shoujld step down with dignity...causing all the big lost of shareholders.

above are my observartion, not a buy call or sell call...i know many will keep cursing this counter, to try buy low....but i see there should be oversold sentiment with these two counters...the upcioming Financial report this week should reveal sth....

if GENM and GENTING post positive earning in upcoming FY this week and FYR in FEB. I don's see reason why people should fear and sell on all cost....

The only scary factor, if the lousy CEO LKT and the family, and the crooks of useless management sitting on fat salary doing nothing. The old line up of GENM and GENTING managgement who never revolutinalize their biz is the real scary factor. and thier useless third generation, so far no any outstanding successor, also is a bomb waiting to explore

Factor 1: in fact this coming quarter FR is positive, the share price can have strong support. Maybe FR around Feb after CNY will be a bit of disappointment due to short school holidays...But that moment they should announce the dividend, if 9 sen, thats huge given current share price of RM 2.1 today
Factor 2: the exclusion wil; trigger sell down by institution funds...genting /GENM may need some good postiove news to restore the status in KLSE... that may take some times, and why market is negative on these GENM and GENTING counters

I think the massive sell down , there are two possibilities

1: Uncertainly related to this coming Quarter Financial report this week/market non favourable sentiment due to School holiday (only 1 week) compared to last year 3 weeks...
2: the exlcusion from KLSE

Its not USD 2.6billion.

Correct is USD 600 mil lawsuit.

Secondly...verdict not given yet...Genting may have it solid base to win it all ..

TAURX---whoever shouting on fraud/non fraud--same-verdict not announced...the GENM and GENTING share price thus far never factor in TAURX...whether its a scam or fraud, no body care.