We anticipate the company is well-positioned to take advantage of the increased number of visitors in Cambodia over the next couple of years.
NagaCorp has developed long-standing relationships with junket operators in the ASEAN region, which could contribute to the company's VIP market growth.
NagaCorp continues to commit paying a dividend payout ratio of 60%.
We recommend accumulating shares of this company if the price falls below HKD 14.30.
In our first article on NagaCorp (HK:3918) or (OTCPK:NGCRF), we will focus on the macroeconomic trends, Naga 2 project which was built back in late 2017 and the company's VIP market business.