Nagacorp. This Cambodian casino company has significant earnings upside due to the additional gaming and hotel capacity it is currently building. This additional capacity, which is being funded from existing cash resources, will more than double both the number of gaming tables and the number of rooms. The stock is priced at a discount to its international peers, before allowing for any additional income from the expansion, hence this provides a very attractive entry point.
| Sedol |
Type |
Price |
Date |
| B1FSSM3 |
Buy |
HKD 2.00 |
22/05/2008 | |
