Stock Recommendations (Vietnam Market)_March 2025
Despite a moderate 15.2% YoY expansion in total assets to VND978tr, TCB demonstrated robust growth in core profit-generating assets, including...
312 Views
The Week That Was in ASEAN@Smartkarma - Indosat's AI, MAPI's Expansion, and BliBli's Omnichannel
The past week saw insight on Indosat (ISAT IJ), Mitra Adiperkasa (MAPI IJ), Global Digital Niaga Tbk PT (BELI IJ), Singapore Post (SPOST SP), and...
466 Views
MarketVector Vietnam Local Index Rebalance: One Add, Float & Capping Changes
Saigon Vrg Investment will be added to the index at the close 20 December. Estimated one-way turnover is 5.1% and that results in a one-way trade...
402 Views
Hoa Phat Group JSC (HPG VN Equity/ Trading Buy) - Near-Term Margin Upside on the Table
Following the robust Oct-2024 sales update, we revise our volume estimates by 5–7% for FY24–25F. We also incorporate recent raw material pullbacks.
390 Views
HPG VN - Domestic Demand & Capacity Expansion to Drive 2025F Growth
Our higher TP is driven by (1) rolling our TP forward to end-2025 and (2) 4%/2%/3%/3%/3% higher 2025/26/27/28/29F NPAT-MI projections, outweighing...
401 Views