Tuesday, June 2, 2015

NAGACORP'S NET PROFIT ALERT

Nagacorp issued a Net Profit alert on 1 June, 2015 in anticipation that its H1 2015 Net Profit could surge and potentially exceed US$100 million. This is on the back of  an upfront payment of US$40 million received pursuant to a JV with an electronic gaming machine operator.

My disclosure: I am long Nagacorp.

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