I disagree that we are saying the same thing.But I do agree that...

I disagree that we are saying the same thing.

But I do agree that the share will not respond until sengkang is online

I have always highlighted a key risk is that the shares will not reflect the true value of the underlying assets. The fault sits squarely with management for that.

But you appear to be saying sengkang wont come on line because that is what the market is telling you. Whereas I look to announcements by stanchart, mizuho, gtt, etc which seem to point to sengkang eventually being completed. I certainly don't look to the management/director's integrity for my belief.

The reasons I gave are not excuses - but are reasons why the weight of money will not step in and make the stock reflect its underlying value. Now of course the market might be totally efficient and the underlying value of the LNG facility might only be $500m, but given the potential earnings and the limited participation in the market I fall on the side of the broken market thesis.