Speaker:
Kevin Bertoli: Asian Equities Portfolio Manager
Kevin discusses the Donaco (DNA) opportunity including; what drives the market in Macau, i.e. the continued gradual improvement in infrastructure and the ability of market participants to improve the yields on their tables; and the ability for DNA to expand their tables and improve these yields. The market has built in an expectation for DNA to earn $5,000 US per table per day. Kevin highlights that he believes in 3-5 years’ time people will look back and realise this prediction was too low.
Kevin further discusses the geopolitical issues in China and Vietnam and how they impact DNA’s long term prospects. He also analyses what he will be reviewing in DNA’s result.
Thank you for watching.
