QUOTE(BEANCOUNTER @ May 14 2011, 10:18 AM)
given that summit didn't do extremely well, do we think another shopping mall can do much better?

Logically no.. which is why equine should have priced the props lower for those considering the risk/return ratio. They have been too demanding liao in terms of pricing.
I think management is the most important of all, after location. This location should be prime, but too bad for summit, we can see it has not been fully taken care of properly.
Another example being mines, after management change from chinaman to capita, the place looks totally different, they are still upgrading the place now so long after takeover. Invest in the place & it will grow.
I'm not sure if equine has this kind of philosophy based on their project execution so far.