Originally posted by Gazelle:
a) This is an article I want to highlight to yuo.
"Our business plan creates the most diversified sources of income
of any of the major casino developments," Weidner says. "[b]A large
portion of our revenues relate to the conference and exhibition
business. That in turn, drives rooms and catering
revenues. As a result, our casino department contributes
about 30 to 35 percent of the total. That's not because
the casino doesn't do extraordinarily well it does but because
we'll generate $320 million in rooms revenue alone this year"
Are you saying that this is a planned economy and not a free market
economy?
b) 70/30 is not a theory, it is a business model use by LV Sands
for the Venetian LV, and what I am saying is that Singapore
government is using this model as an example for Singapore
IR.
c) The example I am highlighting is just to counter someone's idea
that in business you cannot forecast.
[/b]
a) I also want to highlight to you. Can you tell me from their
financial statements, which year of their casino operations say
30%? Don't tell me you are going to be like OM, "they reported it
not me".
b) Aiyo, since when is any business wholly 70/30. You are really
logically challenged. It depends on the market, like Microsoft can
be having 70% of business in software, if it sees opportunities in
hardware and invest in that area, it will affect their
portfolio.
c) Business can be forecasted, BUT forecast is never accurate, it
will never be accurate, it's like the weather forecast. If you can
forecast the weather perfectly, you will be able to forecast a
business with 100% accuracy.
