- NagaCorp is a Cambodian casino operator which has a monopoly license within a 200km radius of the country's capital until 2045.
- Apart from a wide moat, NagaCorp also has a statistically profitable business model and exposes investors to the growth trends in South East Asia.
- Founder Chen Lip Keong still helms the company today, and he has a solid track record of creating shareholders' value and upholding high standards of corporate governance.
- The article also conducts a valuation on NagaCorp using a variety of valuation tools and different recovery scenarios.
- Overall, NagaCorp is undervalued today, and the rewards outweigh the risks.
For further details see:
NagaCorp: A Casino Monopoly Now Attractively Priced