Invest
Journey To Retirement Part 1.4 — Genting SP
By ccloh Strategic Investor Zone  •  April 21, 2019
Singapore Government announced on 3rd Apr 2019 the plan to expand the 2 IRs (Resort World Sentosa and Marina Bay Sands) with the requirement that the 2 IRs operators pumping in a total of S$9 billion (S$4.5 billion each) for the expansion.  Nothing surprising with that given that Singapore is already 1 foot into the IR or gaming industry and with the upcoming regional competition in particular the Japan IR, it is just a plain common sense one need to upgrade or expand.  It is only the pseudo-elite who probably possess not much of a common sense call it an imagination regarding the expansion.

Japan IR (suppose to have 3 of them) will create a casino gaming market just behind Macau in the world in term of revenue and that is some threat Singapore can't ignore about it.  Thus, the idea of expansion to the 2 IRs should not be something

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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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