My view is that, once the IR is annouced, the focus will be, can
this company deliver the goods. Since IR will not take off 2 years
from now, as an investor, I would rather put my money into
something that can generate immedate returns.
The other thing is that IR is new to Singapore, despite all the
hype, there is still a risk that Singapore IR might not take off.
casino is basically all about gambling and it is highly regulated
business in singapore. If the return does not match the risk, I
would rather put my money in bluechip with good dividend.