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Mr. Market is voting down the acquisition, with more than -7% down as of now.
As usual, Mr. Market isn't always right. Base on feedback from the ground, there are much room for improvement comparing with the previous management. Straco might be able to make it profitable, with its skill and resources.
(not vested)
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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Zouk... when zouk moved in, then the base rental plus car park takings will underwrite the investment.
Real business takes time... Mr Market too emotional at times...
Not Vested
GG
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Got this from another forum... :-)
> The Flyer should have been built on top of Mount Faber
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Zouk has not confirm the move to flyer right?
The flyer is secondary, Zouk is the soul to make flyer fly.
(Just Vested )
The thing about karma, It always comes around and bite you when you least expected.
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Yup. Agreed with both cityfarmer and gg. There are a lot of details not yet shared. As a businessman, mr wu is much less concerned about the stock price than building business, there would definitely be business considerations in his mind in the flyer acquisition.
The devil is in the details.
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Zouk will be positive. And if STB desperate enough maybe can ask them to change Promenade station name to Flyer station since the existing name don't mean much either
Maybe also extend the Marina Link to improve access
(29-08-2014, 08:32 AM)specuvestor Wrote: First and foremost make the parking free during lunchtime again agree with Thor that weekday doesn't seem to garner 1k patrons for the ride. Thought the retro food stalls were quite nice
I think main thing is how to develop the potential of the place as it's really not conducive and out of normal traffic. Reminds me of the multiple Sentosa fails in the past 30 years until they got the connecting bridge up (not casino)
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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But, market has thought otherwise. Down 8% since opening this morning.
Entertainment is a cut-throat business. What is the economic moat?
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29-08-2014, 12:45 PM
(This post was last modified: 29-08-2014, 12:46 PM by Damien.)
Dear Curious party, do you see another flyer around? Its a tourist attraction, not a new club, arcade or night-life business.
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