Re: Las Vegas Sands Wants To Cash Out 49% On MBS! They Think Zikapore Gone Fuck In 20
Malls in urban built up areas are generally declining all over the World as more sales go online. Some are converting their malls upper floors to office and service centres which cannot be done online.
If Sheldon sells something it means that it is a red flag. For new investment he goes for external funding so his claim that he wants to fund new investment can be discounted. Branson is also another to watch. He always unloads a significant portion of his investment after a few years to reduce risk and his timing is always interesting. Both have great foresight. When Branson sold part of his stake in Virgin Atlantic to SIA, there was no downside or an obligation to fulfil a condition or change his model. SIA on the other had was hoping to get East Atlantic traffic to flow from Virgin. It never did and they had to write-off their investment.
We have no made a single investment in the international arena that delivered for the last 25 years.
The govt should have split Temasek into 2 separate entities, one to float national assets such as Airports, Power Stations etc and one to do pure investments. Now we are in situation where most people suspect that sale of national assets have helped prop up Temasek Investments in bad years.
