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Old 21st May 2008, 09:40
  #5 (permalink)  
wayne's tache
 
Join Date: Jul 2007
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Pansy only looks like a heavyweight in a Macau context.

Shun Tak survives on its legacy of monopoly businesses, most of which will fade from view as competition begins to leak into Macau. So ST now increasingly relies on selling off the family land bank.

Sure, Pansy will also sometimes team up with more skilled business partners (MGM etc) but the actual ST involvement in this type of interaction is minimal. Pansy opens doors and rubber stamps joint ventures - her team is not sufficiently experienced to do more and concentrates most on trying not to stir up her tai-tai temper.

If this is NX's best hope - having Pansy take more charge - god help everyone.
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