I never ask if the market is going to go up or down, because I don’t know, and besides it doesn’t matter. I search nation after nation for stocks, asking: “Where is the one that is lowest priced in relation to what I believe it’s worth?” John Templeton, November 1978
NagaCorp Ltd (3918.HK) operates the largest casino hotel in Cambodia, NagaWorld, and its shares have been among the top performers on the Hong Kong stock market since listing in 2006. (read here and here)
- NagaCorp operates NagaWorld, the only licensed casino in Phnom Penh, Cambodia. The company holds a 70 year license running through 2065 that includes a 41 year monopoly within a 200 kilometer (120 mile) radius of capital city Phnom Penh. NagaCorp’s monopoly on Phnom Penh casinos not due to expire until 2035.
- NagaCorp added a $9m aircraft to its arsenal in ...