Analysis Center
15
November
CTG – Brief – [NONRATED] – Outperformance
3Q24 PBT climbed by +34.5%yoy to VND6,553bn thanks to higher net interest incomes (+19%yoy) and high incomes from bad-debt collections, compensating by an increase in risk provision expenses (+25%yoy) and...
15
November
Derivatives: Downtrend dominates
Current signals indicate that the downtrend holds the advantage in the short term. Traders should exercise caution and closely observe the upcoming trend to make appropriate investment decisions.
15
November
Market commentary: Confirmation of the downtrend
The index continues to signal a negative downtrend with a sharp decline, forming a new low below the Sep 2024 level. This implies that downside risks remain. Therefore, investors should...
15
November
Retail – Note – [NONRATED] – A run-up for the peak sales season
Despite the Yagi Typhoon impacts, we saw a continuing recovery of listed retailers/distributors in 3Q24. In 4Q24F, we believe that consumer spending would be stronger because of (1) the recovery...
15
November
Quant Note – 3Q24 wrap-up: On right track
NPAT-MI growth reached up to 27.9% yoy in 3Q24, and the positive growth chain continued expanding. Even though NPAT-MI growth in 3Q24 was higher than 2Q24's 15.6% yoy, it is...
14
November
HDG – Brief – [NONRATED] – Energy supported growth trend while awaiting Charm Villas phase 3
HDG’s 3Q24 revenue amounted to VND567bn, up 23% yoy, driven by growth in both the energy and leasing & hotel services segments. Besides, the GP rose by 33% yoy to...
14
November
Derivatives: Volume increase
With the failure of the Tweezer Bottom pattern on the hourly chart, the downtrend is expected to continue in the coming sessions. Traders should cautiously monitor the next trend developments...
14
November
Market commentary: Recovery effort
Although the market closed in positive territory, however, liquidity remained weak. Additionally, the VNIndex continued to close below most major moving averages, indicating that downside risk has persisted. Hence, investors...
13
November
PVS – Brief – [NONRATED] – FX loss pressured earnings
3Q24 revenue grew to VND4.82tn (+15% yoy) thanks to the top-line growth from almost all segments. Company gross profit rose 85% yoy with gross margin expanded by 2.6%p, to 6.9%....
Featured Analysis
NT2 – Earnings review – [HOLD] – 2Q25: Strong bottom-line expansion
Derivatives: A return to the uptrend?
Market commentary: Extended uptrend
Derivatives: Signs of caution?
Market commentary: Selling pressure on large-cap stocks
Market commentary: Green returns to the market
Derivatives: Bullish Engulfing candlestick
