Ann: On-Market Buyback and Appendix 3C, page-22

Haters gonna hate KSD, however just remember there are 2 decent casinos underpinning this and it's more than the share price movements. I know you must be underwater, though surely you have to acknowledge the amount of progresses that has been made.

You can't help the death of a Monarch and the management payments which effectively were part of the purchase price for Star Vegas. These guys appear to be pretty good operators, just look at what they have achieved repositioning Aristo.


I don't think the market wants to look beyond the present on this one and I think that is why it is mispriced.
Anyways, a lower price is better while a buy back is being conducted.