Report

Analyst Pin-board MSN – Solid steps to develop the Point of Life consumer ecosystem

  • We view that Alibaba investment in The CrownX is a long-term key addition for VinCommerce’s business model to build a leading online grocery platform, thanks to massive growth potential of online grocery in Vietnam and the co-operation with Alibaba to promote faster the completion of online platform.
  • Phuc Long Kiosk, strategic collaboration model between Masan Group and Phuc Long, to transform The CrownX into a one-stop shop concept.
  • We recommend BUY for MSN share at our target price (TP) of VND 136,000, equivalent to expected return of 27% from Jun 01st 2021 market price.
Provider
Viet Dragon Securities
Viet Dragon Securities

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.

Analysts
Son Tran

Other Reports from Viet Dragon Securities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch