Brian Langis
Value, contrarian, growth at reasonable price, special situations

NagaCorp - The Action Is In This IndoChina Casino

NagaCorp - The Action Is In This South-East Asia Casino

NagaCorp Ltd. (NagaWorld, Naga) (OTCPK:NGCRF)


Note: NagaCorp's primary ticker is 3918 on the Hong Kong Exchange, its principal trading venue, but Seeking Alpha does not permit linking to Hong Kong tickers.

Note: Dollar amounts are in US$ unless mentioned otherwise. USD-HKD 7.75 Price of 1 USD in HKD

NagaCorp runs a monopoly on gambling in Phnom Penh. Share of the casino operator has been on a bullish tear since its 2006 IPO and is up +81% year-to-date. In 2006, NagaCorp raised US$95 million with a Hong Kong stock offering at a price of HK$1.43 per share. Since then shareholders have been well rewarded; today shares of casino

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