Analyst Pin-board Gem Sky World – Key benificiary from Long Thanh Airport
Benefiting from the strong growth trend of the real estate market in the suburbs of Ho Chi Minh City which comes from infrastructure, notably the Long Thanh Airport (launched in January 2021), we believe that Gem Sky World will be the key catalyst of Dat Xanh Group in the following years, thanks to the advantages of scale, solid legal status and good location in the area. Recently, the company organized a sale event for land at Topaz and shophouse in Garnet and Pearl areas following the success of previous launches with an absorption rate of 95% over 1,357 land products. We expect that the next launch of Gem Sky World will continue to attract homebuyers thanks to its current good sale progress. In 2021, Gem Sky World is expected to generate VND 500 to VND 700 Bn NPAT for DXG based on management estimation (40-50% of DXG total NPAT target).
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.