too bad genting dividend is not so attractive, if not i wouldn't mind to keep some.

Then i have to wait for undervalue .

Hang Lung Properties’ Chan Says Singapore’s Casinos Will ‘Flop’
2009-09-10 05:20:36.882 GMT


By Chia-Peck Wong and Bernard Lo
Sept. 10 (Bloomberg) -- Ronnie Chan, chairman of Hang Lung
Properties Ltd., Hong Kong’s fifth-biggest developer by market
value, said the two casino-resorts in Singapore will fail
because they won’t be able to attract high-rollers.
Las Vegas Sands Corp., the casino company controlled by
billionaire Sheldon Adelson, and Genting Singapore Plc, a unit
of Asia’s biggest listed gambling operator, are building
Singapore’s first two casinos.
Chan commented after attending the Bloomberg Leadership
Forum in Hong Kong.

“The big rollers are what make money in casinos, they will
never come to Singapore, it’s a family entertainment” location.
“You think big-rollers will go to Singapore where they
have teeth and fangs coming out sideways? There are too many
rules. I was in Sentosa island, I really think that it’s going
to be a flop.
“The whole integrated entertainment industry, I’m worried
for them. The good thing about Singapore is that if you flop,
you’re given a second chance.”

I'm holding it too. What's your tp?