Report

BCI - Gold in land

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“BCI is one of the most experienced real estate developers in HCMC. The firm is advantaged large by a land bank of over 300ha it has accumulated over the years at a very low cost. BCI was once known for its conservative business strategy and unfluctuating revenue and earnings. Following the withdrawal of the State-related HFIC as its largest shareholders and the following acquisition by KDH in mid-2015, BCI witnessed a major shift in its direction where the Company has been actively seeking to liquidate a good number of non-operating assets to focus resources on its larger projects. To counter the location disadvantage of its projects, BCI plans to start the construction of the two-kilometer Binh Tien Street BT project this year. We view these as necessary preparations that should put BCI on a fast growth tracks starting 2018.

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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