Posted by KC Loh > 2012-11-21 12:28 | Report Abuse

LKT seems to be out of ideas. This may be profitable in future, but as the analyst correctly mentioned, not their core operations! what signal is he giving to the investment frat? no more interested in pursuing Echo?

Posted by moven00 > 2012-11-21 14:17 | Report Abuse

LKT and Genting is feeling the pressure to deliver and expand its profit.
Well, pharmaceutical might sounds interesting to many. But reality bits. It is a long and tough journey. Simply look at gain such as Pzifer and Roche. They are also research pharmaceutical company, amid Giant of pharmaceutical. But also struggling and make lotsa research that cost billions yet still not that successful. This Giant even have to close down some of their factories in US.

Posted by winwinwin > 2012-11-22 15:21 | Report Abuse

Genting shares will get dumped....this is similar to Gamuda buying some phone company many years ago.....once you stray....you won't be loved !