Analysis Center
26
May
Covered warrant: A cautious sentiment emerged
Market sentiment appeared cautious over the week, as both trading activity and the number of advancing warrants decreased. According to valuations based on the Black-Scholes model, several CWs are currently...
26
May
Derivatives: Liquidity declined
Short-term risks may increase as upward momentum pauses and volume stays low. Traders should stay cautious, monitor the market closely, and wait for the next signal before opening new positions.
26
May
Market commentary: Retracement phase?
A retracement trend appears to be gradually returning as the index continues to struggle to break through the Mar/2025 resistance level. At the same time, market liquidity is showing signs...
26
May
Chart of the day: Accumulation phase?
The VN-Index continues to follow an upward trend. Therefore, investors may maintain their current equity allocation.
23
May
PVB – Brief – [NONRATED] – 1Q25: Time to roll up the sleeves
PVB’s revenue stood at VND106bn in 1Q25 (-14% yoy, +87% qoq), notably higher than the 5-year average quarterly revenue of VND69bn. Gross profit came in at VND12.6bn (-63% yoy), translating...
23
May
STK – Brief – [NONRATED] – 1Q25: Earnings rebound from the low base
In 1Q25, STK’s revenue posted to VND376bn (+41.6% yoy/ +12.7% qoq), of which, virgin yarn: VND187bn (+17.8% yoy/ +7.9% qoq) and recycled yarn: VND189bn (+77.3% yoy/ +17.9% qoq). Gross margin...
23
May
VOS – Brief – [NONRATED] – Unfavorable time
In 1Q25, VOS reported a VND462bn revenue (-65% QoQ, -58% YoY). Shipping revenue down to VND477bn due to weak market and falling rates in both dry bulk and product tanker...
23
May
Derivatives: Retesting the 1,400 zone
Although a correction occurred, the uptrend has not been reversed, even though risks are beginning to rise. Therefore, traders should remain cautious, monitor the market closely, and wait for further...
23
May
Market commentary: Correction pressure
Profit-taking pressure became more pronounced as the index approached the peak set in Mar/2025, preventing a breakout. In the short term, correction risks remain present and may persist in the...
Featured Analysis
Market commentary: Extended uptrend
Derivatives: Signs of caution?
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Derivatives: Bullish Engulfing candlestick
QTP – Earnings review – [BUY] – 2Q25: NPAT boosted as operational efficiency
PVB – Brief – [NONRATED] – 2Q25: Full speed ahead
