Analysis Center
07
February
VHC – Earnings review – [BUY] – Better-than-expected NPAT in 4Q24
In 4Q24, VHC released a revenue of VND3,206bn (+33.8% yoy/ -2.2% qoq). Notably, Pangasius segment skyrocketed to VND1,850bn (+53% yoy/ -3.2% qoq) thanks to a rally in export volume. 4Q24...
06
February
Tet may mask a stronger economic performance
Vietnam’s economy showed resilience in January despite global trade war concerns. Accounting for a 22.7% reduction in working days due to Tet, our analysis suggests that export activities and industrial...
06
February
FRT – Brief – [NONRATED] – Slower expansion faster recovery
In 4Q24, FRT’s net revenue climbed up to VND11.4tn (+31.7% yoy), while NPAT rose to VND134bn (from loss of -VND103bn in 4Q23). For 2024, FRT reported net revenue of VND40.1tn...
06
February
Derivatives: Awaiting breakout signal
The contract accumulated within the 1,330-1,335 point range. Traders should monitor breakout signals from this consolidation zone to confirm the next trend. Based on this signal, traders could consider opening...
06
February
Market commentary: Positive signals
The market has experienced two consecutive gaining sessions; although liquidity showed some signs of softening compared to the previous session, it still surpassed the five-session average. Moreover, the positive signal...
05
February
PVS – Brief – [NONRATED] – 4Q24: One-off income boosted earnings
4Q24 revenue grew to VND9.78tn (+45% yoy) thanks to boosted M&C segment (VND7.21tn, +77% yoy, +199% qoq). NPAT/NPAT-MI surged to VND705bn/VND551bn, respectively grew by 140%/92% yoy.
05
February
Fund flow: Positive developments in Vietnam
The capital flow activities into investment funds in Vietnam have shown optimistic trends, reflecting the market's vibrancy and positive outlook. Therefore, we believe that fund flows could turn positive into...
05
February
Market commentary: Market recovery
The market experienced positive gains and increased liquidity, with the index remaining above most major moving averages. However, this session marked only the first recovery following a previous decline, suggesting...
05
February
Derivatives: Bull Trap?
The contract presents several positive signals but lacks consistency, as the breakout in the previous session was not strong enough. Therefore, traders should continue to monitor the market and wait...
Featured Analysis
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