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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (43176)7/9/2011 10:25:23 PM
From: Spekulatius   of 78667
 
Re Pargesa
The last transaction seems seemed to favor Pargesa,sine they got a very good price for their Imersys stake from GBR. But sine Pargesa owns GBR and not much else,they sort of sold it to themselves. I do think there io an effort underway ti simplify the structure,which should be good for GBR and Pargesa. I think Pargesa will eventually be dissolved, which may mean that the discount to NAV will shrink.
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