Thanks for sharing ! How do you think about mgmt/ownership of GENC & their ability to screw you here ? Also for the cash/ property is there ever any likelihood this gets crystalized ?
Totally fair concern. The family controls the business and moves slowly — they won’t destroy value, but they also haven’t shown urgency to unlock it. Crystallization could happen, but timing’s unknowable. The bet is: you don’t need it. At today’s price, you’re getting paid to wait. My write up is attached above.
Thanks for sharing ! How do you think about mgmt/ownership of GENC & their ability to screw you here ? Also for the cash/ property is there ever any likelihood this gets crystalized ?
Totally fair concern. The family controls the business and moves slowly — they won’t destroy value, but they also haven’t shown urgency to unlock it. Crystallization could happen, but timing’s unknowable. The bet is: you don’t need it. At today’s price, you’re getting paid to wait. My write up is attached above.
Hey, thanks for your thoughts & sharing. Will read & subscribe.
Write Up on $GENC: https://open.substack.com/pub/bridgington/p/gencor-industries-cash-land-and-a?r=56ex4y&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
Good writeup