sleeping giant.., page-11

Here is another perspective...I agree that a company which creates a small number of subsidairies may be discounted against a sum of the parts. However, perhaps a premium to the sum of the parts may emerge, when the believed perception is that the company has an ability to create value via spin offs as its core business. Is this not what DGR is becoming...a factory of new companies?? Recent company presentations talk about 20 new companies in the next 5 years. The question is, is this achieveable? If the answer is "yes", then DGR becomes very attractive, and should be valued more highly than on an NTA discounted basis. I would suggest that if they can achieve this, it would be an almost unique miodel...perhaps tried in the past, but not that well accomplished. There is always a first!