Analysis Center
15
May
Market commentary: Extending the upward momentum
The market recorded another upward session, indicating that buying demand and the prevailing uptrend remain intact. However, liquidity declined significantly, partly reflecting investors’ cautious sentiment as the index moves toward...
15
May
Derivatives: Breakout signal
Traders should wait for one additional breakout confirmation before concluding that the uptrend has resumed. Until that signal materializes, a cautious and observational stance is advised.
14
May
NKG – Brief – [NONRATED] – 1Q26: Significant challenges remain
In 1Q26, NKG recorded revenue of VND3,261bn, down 20.3% YoY . Based on NKG’s galvanized steel price movements over the last two quarters and published revenue by market, we estimate...
14
May
PHR – Brief – [NONRATED] – 1Q26: Receiving compensation from THACO
In 1Q26, PHR reported VND468bn net revenue (-6% QoQ, +50% YoY, figure 1), gross profit increased to VND116bn (-26% QoQ, +14% YoY, figure 2). Net profit came in at VND285bn...
14
May
Market commentary: Energy sector in the spotlight
Despite the previous session's pullback, the market still exhibits positive signals, as liquidity has declined over the past few sessions. In addition, the index formed a small-bodied candlestick with a...
14
May
Derivatives: Waiting for a breakout signal
The current pullback can be interpreted as an accumulation phase. Traders are advised to exercise caution, monitor the market closely, and wait for a clear reversal signal before reopening new...
13
May
NT2 – Earnings review – [HOLD] – 1Q26: Profit rebounded strongly
Revenue in 1Q26 reached VND2,172bn (+52% yoy, equivalent to ~90% of KIS’s forecast), driven by (i) a 59% yoy increase in production amid national power consumption growth of 6.5% yoy...
13
May
REE – Brief – [NON-RATED] – 1Q26: M&E boosted profit growth
In 1Q26, REE recorded revenue of VND2,471bn (+19% yoy, figure 1), mainly driven by strong growth from the M&E segment. Gross profit reached VND1,046bn (+10% yoy, figure 6), while gross...
13
May
PVS – Earnings Review – [HOLD] – 1Q26: Strong NPAT growth in line with forecast
Facts: Strong NPAT growth in line with forecast 1Q26 revenue reached VND8.7tn (+45% yoy). Of which, the Mechanical & Construction (M&C) segment recorded revenue of VND5.9tn (+47% yoy), exceeding our...
Featured Analysis
SBV ramps up repo injections
Derivatives: A reversal pattern?
Market commentary: Divergent movements
Chart of the day: Short-term sell signal?
SIP – Brief – [NONRATED] – Surging expenses dragged the 1Q26 net profit
Derivatives: Mounting selling pressure
Market commentary: Selling pressure persists
