NagaCorp: Very High Capex Intensity Another Red Flag After a Corporate Governance Debacle
Nagacorp Ltd (3918 HK), a gaming operator in Cambodia, has a profitable operation despite a niche location. However, we have a big reservation...
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Melco International Development: Liquidity Vs. Rising Debt
We initiate our coverage on Melco International Development Ltd (200 HK) (Melco) and its consolidated subsidiaries with an UNDERWEIGHT...
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China's Tourism-Friendly Policy Toward Cambodia Spurs Nagacorp's Powerful 2017 Performance
 While South Korea and Philippines casinos took a hit on China visa restrictions over the last two years, Cambodia's Nagaworld set new records...
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Macau Junkets Deploying Liquidity in Cambodia
Cambodia’s Gaming Boom on Chinese VIPsLarge junket operators are looking beyond Macau to deploy their liquidity, tracking the Chinese business...
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Nagacorp: One of the Uncut Gems Left in the Asian Gaming Space, Ready to Sparkle Soon
Nagacorp's solid performance under the radar screen mainly due to investor focus on bullish catalysts in Macau and now results from the Japanese...
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