VNH Vietnam Holding

Edison issues report on VietNam Holding (VNH)

Edison Investment Research Limited
Edison issues report on VietNam Holding (VNH)

19-Aug-2024 / 14:25 GMT/BST
The issuer is solely responsible for the content of this announcement.


 

London, UK, 19 August 2024

 

Edison issues report on VietNam Holding (VNH)

Edison issues report on Record (LSE: VNH) to read the full report.

All reports published by Edison are available to download free of charge from its website

Edison is authorised and regulated by the .

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities.

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The issuer is solely responsible for the content of this announcement.


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Reports on Vietnam Holding

Pedro Fonseca
  • Pedro Fonseca

VietNam Holding - First redemption tender a success

VietNam Holding (VNH) delivered a 27.3% net asset value (NAV) per share total return over the last 12 months (ending 31 October) in sterling terms. The company outperformed a strongly appreciating market (Vietnam All Share Index (VNAS) at 20.6%), driven by the demand from retail investors. The economy showed robust growth, supported by a surge in exports, and investor confidence was reinforced by good H124 corporate earnings. Meanwhile, VNH executed its first share redemption tender, and investo...

 PRESS RELEASE

Edison issues report on VietNam Holding (VNH)

Edison Investment Research Limited Edison issues report on VietNam Holding (VNH) 19-Aug-2024 / 14:25 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 19 August 2024   Edison issues report on VietNam Holding (VNH) Edison issues report on Record (LSE: VNH) to read the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the . Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitatio...

Pedro Fonseca
  • Pedro Fonseca

VietNam Holding - Steady outperformance and solid fundamentals

VietNam Holding (VNH) posted a solid net asset value (NAV) per share total return (TR) in the first seven months of 2024 (7M24) of 14.5% in US dollar terms, which was ahead of the Vietnam All Share Index’s (VNAS’s) return of 8.1%. Over the last 10 years, VNH has delivered a c 10% return pa and consistently outperformed VNAS by c 3pp pa. The index in turn performed ahead of both emerging and frontier markets averages. Vietnamese equities offer a combination of undemanding valuations (a 20% discou...

 PRESS RELEASE

Edison issues update on VietNam Holding (VNH): Introducing redeemable ...

Edison Investment Research Limited Edison issues update on VietNam Holding (VNH): Introducing redeemable shares 12-Apr-2024 / 12:07 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 12 April 2024   Edison issues update on VietNam Holding (VNH): Introducing redeemable shares VietNam Holding (VNH) posted a solid net asset value (NAV) per share total return (TR) in 2023 of 15.8% (22.4% in US dollar terms), outperforming the Vietnam All Share index (VNAS), which posted an 11.7% return, and its direct peers. The investment manager remains...

Pedro Fonseca
  • Pedro Fonseca

VietNam Holding - Introducing redeemable shares

VietNam Holding (VNH) posted a solid net asset value (NAV) per share total return (TR) in 2023 of 15.8% (22.4% in US dollar terms), outperforming the Vietnam All Share index (VNAS), which posted an 11.7% return, and its direct peers. The investment manager remains confident that 2024 will be strong for Vietnamese equities, underpinned by average 20% y-o-y expected earnings per share (EPS) growth. VNH recently introduced a share redemption facility (on top of regular share buybacks), which allows...

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