Report

Analyst Pin-board PVD - Changing drilling schedule will result in a huge drop in 3Q2020 earnings

As the core business is likely to turn weaker in the second half and the prospects are not clear for 2021, we recommend to ACCUMULATE this stock with the target price of VND11,000. Even if it is being traded at a low historical valuation, we see no catalysts in the short term.

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.

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Analysts
Vu Tran

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