Sean Monaghan Quotations

It is a very large investment and certain casino companies just cannot afford it.

We believe these companies have the experience in dealing with the Asian market, including premium play, and we expect these companies to bid aggressively.

Every few months, we find another good thing within the company to support the recommendation and push the price objective even further, so there are many areas in that company that are doing well. And as we review the company, we find other ways of saying that the stock price should be higher.

At the end of the day, it's the Government that will make the decision, not the media or the public.

The winning bidder will provide the lowest execution risk to the Singapore government.

The winning bid will have to be well-rounded.

The (Singapore) government is conscious that the region will be very different by the time the casinos begin operating in 2009.

A lot of companies put their hands up initially, but the winner has to be a company that is very good at maximizing every necessary component of the casino-resort. Very few companies are good at that.

There's still about two months to go before the casino proposals are submitted. It's too early in the game to write them off.

Asia, economically, is offering amazing opportunities for growth in terms of disposable income and new customers. Companies that don't have exposure to Macau are going to be very interested in Singapore. It will be the largest, the most skilled, best-capitalized casino companies that will likely be awarded the licenses.