Analysis Center
04
February
ANV – Earnings Review – [HOLD] – 4Q24: The hardship dragged on
In 4Q24, ANV released revenue of VND1,361bn (+22.5% yoy). Gross margin was at 10.2% (staying flat yoy but inching down by 2.7%p qoq) due to ANV recorded an allowance for...
04
February
Derivatives: Selling pressure after the holiday
The contract recorded a sharp decline with several negative signals in the short term. As investors remain cautious after the long holiday, it is advisable to continue monitoring the market...
04
February
Market commentary: Widespread selling pressure
The market recorded its first decline after a long holiday. The primary causes stem from macro concerns such as fears of an AI stock bubble due to the impact from...
03
February
PVD – Earnings Review – [BUY] – 4Q24: Rising pressures
PVD’s 4Q24 revenue grew by 60% yoy (VND2,789bn, 112% of KIS forecast), but gross profit plummeted 10% yoy to VND359bn (71% of KIS forecast) owing to poorer day rates. 4Q24...
03
February
Market Trader: Liquidity improves before Tet
After three consecutive weeks of net selling, foreign investors recorded a slight net buying of VND120bn in the week before Tet. However, for the whole month of January, they net...
03
February
Covered warrant: Pre-Tet selling activity
In the week leading up to the Tet holiday, negative sentiment continued to dominate the market, as the number of declining warrants remained prevalent. Hence, investors should observe and wait...
03
February
SBV supports liquidity before Tet holiday
This week, the SBV injected a significant amount of liquidity to ensure money supply for the Tet holiday as exchange rate pressures eased further. The interbank yield curve flattened, with...
03
February
Derivatives: Final session before Tet
The contract's trend is influenced by the long holiday. Therefore, the contract requires a breakout in the next session to confirm its trend. Based on this signal, traders can consider...
03
February
Market commentary: Positive developments
The market recorded two consecutive sessions of gains alongside improved liquidity, reflecting a somewhat optimistic sentiment ahead of the long Lunar New Year holiday. However, investors should remain cautious regarding...
Featured Analysis
Derivatives: Breakout Signal?
Market commentary: Maintaining the green territory
Market commentary: Positive performance
Market commentary: Positive performance
Derivatives: Dominated by green
REE – Brief – [NONRATED] – Profit gains through cost reduction
PNJ – Brief – [Non-rated] – Challenges still ahead
