Analyst Pin-board: BMP – Improving Efficiency is The Top Priority
In short, we believe that BMP is capable of surpassing its 2019 guidance given the current input price movement and the market conditions. More importantly, it is essential to note that BMP has zero long-term debts and possesses a large cash hoard to fund its Capex and dividend payouts. It means that the company can maintain a cash dividend of VND 4,000 per share, paid out of 2019 earnings, equivalent to a dividend yield of 9% at the current market price. BMP is trading at 8.3x trailing P/E, which is worth considering for investors who look for stocks with established position in the industry with strong financials
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.