Analyst Pin-board: PAC – 1H2020 Update
In the first half of the year, the company's results were negatively affected by the COVID-19 pandemic, causing the business performance to decline. However, a more optimistic economic outlook in 2H2020 will support the company to achieve its 2020 plan. The level of competitiveness is increasing and future growth will be low from now until the end of 2022. Therefore, we adjust our target price by reducing it from VND 27,300/share to VND 23,800/share. Coupled with the expected cash dividend of VND 1,500/share within the next 12 months, the total return is 5%. We recommend to ACCUMULATE this stock.
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.