Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

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<ul>
<li>Ecuador's crisis, driven by violence and narco-gang threats, impacts the global seafood supply chain, especially the lucrative shrimp exports sector.</li>
<li>Resilient amid challenges, India holds its position as the second-largest global shrimp producer, balancing opportunities and persistent challenges in logistics and competition.</li>
<li>Investors urged caution in the Indian seafood boom, yet potential opportunities arise from Ecuador's supply disruptions, with reduced import duty enhancing India's competitiveness.</li>
</ul>


Ecuador's crisis, driven by violence and narco-gang threats, impacts the global seafood supply chain, especially the lucrative shrimp exports sector.
Resilient amid challenges, India holds its position as the second-largest global shrimp producer, balancing opportunities and persistent challenges in logistics and competition.
Investors urged caution in the Indian seafood boom, yet potential opportunities arise from Ecuador's supply disruptions, with reduced import duty enhancing India's competitiveness.


Shrimp Industry Shakeup: Ecuador Crisis Sparks Opportunities for Indian Seafood Companies

External broker reports(aggregated public sources), Rong Viet Securities

Rong Viet Securities

External broker reports(aggregated public sources)

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Thematic (Sector/Industry)

Despite facing a problem of raw material in 2018, Vinh Hoan's business still prospers in virtue of the favorable conditions of the USD/VND exchange rate, demand and tax policies in its two major markets - the US and China.In the longer term, the growing demand and its market diversification strategy would be the key drivers for VHC's growth. The capacity of culturing and processing will be enhanced because of Tan Hung farm and Thanh Binh factory. The price of raw fish will gradually stabilize when the projects of MARD on the fingerling quality improvement provide large amounts of fingerlings to the market. These are the principle factors that are expected to help the company expand its profit margin in the long run. In addition, the company’s stringently certified aquaculture quality and its superior ability of R&amp;D over competitors will ensure its leading position in the pangasius sector of Vietnam and the world.Based on the closing price of VND 90,000 per share on Sep 19th, 2018 and an expected dividend of VND 3,300 per share for the next 12 months, we recommend ACCUMULATE with a total return of 10%. This target price is adjusted upward compared with our May 2018 report to reflect the potential growth, in the context that the USD/VND exchange rate has risen significantly and the China’s import tax became more favorable.

Despite facing a problem of raw material in 2018, Vinh Hoan's business still prospers in virtue of the favorable conditions of the USD/VND exchange rate, demand and tax policies in its two major markets - the US and China.In the longer term, the growing demand and its market diversification strategy would be the key drivers for VHC's growth. The capacity of culturing and processing will be enhanced because of Tan Hung farm and Thanh Binh factory. The price of raw fish will gradually stabilize when the projects of MARD on the fingerling quality improvement provide large amounts of fingerlings to the market. These are the principle factors that are expected to help the company expand its profit margin in the long run. In addition, the company’s stringently certified aquaculture quality and its superior ability of R&amp;D over competitors will ensure its leading position in the pangasius sector of Vietnam and the world.Based on the closing price of VND 90,000 per share on Sep 19th, 2018 and an expected dividend of VND 3,300 per share for the next 12 months, we recommend ACCUMULATE with a total return of 10%. This target price is adjusted upward compared with our May 2018 report to reflect the potential growth, in the context that the USD/VND exchange rate has risen significantly and the China’s import tax became more favorable.

[Result Update] VHC - Benefits from Market Conditions

Institutional Sales at Bao Viet Securities, BAOVIET Securities

Dylan Waller

Institutional Sales at Bao Viet Securities

The 1st Established Securities House in Vietnam

BAOVIET Securities

Bao Viet Securities Joint Stock Company (BVSC) is one of the leading and most prestigious securities companies in Vietnam, providing professional financial and investment services for domestic and foreign individuals and institutions, investment funds and banks. BVSC is a member of Bao Viet Holdings, the leading financial &amp; insurance conglomerate under the control of Vietnam’s MOF. During its 13 years of development, as the first securities company in the Vietnamese stock market, BVSC has continuously increased its financial capacity, strengthened its operations and developed a modern information technology system in order to improve the quality of service and become a leading brokerage company in Vietnam. BVSC has received a number of awards and recognitions from foreign and local prestigious institutions. In advisory activities, with highly experienced experts who were educated at foreign and local prestigious universities, BVSC was honored to receive the “Outstanding M&amp;A Advisory Firm” Award in 2011 and 2012, granted by the Securities Investment newspaper and the Ministry of Planning and Investment. BVSC was also recently named Best Equity House and Best Brokerage House in Vietnam in 2016 by Global Banking; Finance Review. Mergers and acquisitions (M&A) deals under BVSC consultancy were also selected as the most typical deals in the market. BVSC has also upheld its position among the top 10 securities companies by brokerage market share on the HSX and HNX. Notably, BVSC is among the three biggest bond brokerage houses in the market.

<h2>
Brief Company/Market News Loc Troi Group (LTG) began trading on the UPCoM(unlisted public companies market) this week.  Loc Troi Group is a leading pesticides company in Vietnam, which is also poised to benefit in other areas in agriculture in the future:</h2><ul class=""><li>
LTG is a leading pesticide company with an attractive profit margin. The company is also one of two distributors of Syngenta products, a pesticide brand name with a large global scale and influence. Despite the current slowdown in growth of the…</li></ul>


Brief Company/Market News  Loc Troi Group (LTG) began trading on the UPCoM(unlisted public companies market) this week.  Loc Troi Group is a leading pesticides company in Vietnam, which is also poised to benefit in other areas in agriculture in the future:
LTG is a leading pesticide company with an attractive profit margin. The company is also one of two distributors of Syngenta products, a pesticide brand name with a large global scale and influence. Despite the current slowdown in growth of the…

Viet Capital Securities Joint Stock Company

Luan Nguyen

1. Home laundry appliances grow by 13% to reach 1.4 million units in 2015, value growth rate is 17% to reach VND8.8 trillion.2. Laundry care’s value reaches VND20.5 trillion, growing by 13% in 2015.Laundry detergents grew remarkably from 6% in 2014 to 10% in 2015. Concentrated powder detergents remain negligible on the market. On the other hand, concentrated liquid detergent and condensed fabric softener prevail.

1. Home laundry appliances grow by 13% to reach 1.4 million units in 2015, value growth rate is 17% to reach VND8.8 trillion.2. Laundry care’s value reaches VND20.5 trillion, growing by 13% in 2015.Laundry detergents grew remarkably from 6% in 2014 to 10% in 2015. Concentrated powder detergents remain negligible on the market. On the other hand, concentrated liquid detergent and condensed fabric softener prevail.

Positive Growth for Laundry Market in Vietnam

Despite the recession, packaged meat and seafood value in the year of 2016 increased by 6% compared to 2015. The value increased thanks to the improvement in unit price. Sale output also went up by 5% due to the fact that customers preferred choosing convenient products to consuming fresh meat. Packaged meat and seafood growth from 2013 to 2016 was not as high as in 2007 to 2011.

Despite the recession, packaged meat and seafood value in the year of 2016 increased by 6% compared to 2015. The value increased thanks to the improvement in unit price. Sale output also went up by 5% due to the fact that customers preferred choosing convenient products to consuming fresh meat. Packaged meat and seafood growth from 2013 to 2016 was not as high as in 2007 to 2011.

Meal Preparation Becomes More Convenient Thanks to Processed Food

Vietnam

Vinh Hoan is a leading Vietnamese aquaculture company specializing in the farming, processing, and export of pangasius (basa) fish and other seafood products. The company operates an integrated model covering hatchery, farming, and processing, and also produces value-added products like frozen fillets, breaded fish, and collagen. Headquartered in Cao Lanh, Dong Thap Province, Vietnam, the company was founded in 1997.

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Vinh Hoan (VHC VN)

Shrimp Industry Shakeup: Ecuador Crisis Sparks Opportunities for Indian Seafood Companies

Ecuador's crisis affects global seafood supply, boosting India's shrimp industry amid challenges and caution from investors.

Nimish Maheshwari

[Result Update] VHC - Benefits from Market Conditions

Despite facing a problem of raw material in 2018, Vinh Hoan's business still prospers in virtue of the favorable conditions of the USD/VND exchange...

Rong Viet Securities

BVSC Vietnam Research Updates

Brief Company/Market NewsLoc Troi Group (LTG) began trading on the UPCoM(unlisted public companies market) this week. Loc Troi Group is a leading...

BAOVIET Securities

Positive Growth for Laundry Market in Vietnam

1. Home laundry appliances grow by 13% to reach 1.4 million units in 2015, value growth rate is 17% to reach VND8.8 trillion.2. Laundry care’s...

Luan Nguyen

Meal Preparation Becomes More Convenient Thanks to Processed Food

Despite the recession, packaged meat and seafood value in the year of 2016 increased by 6% compared to 2015. The value increased thanks to the...

Luan Nguyen

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Shrimp Industry Shakeup: Ecuador Crisis Sparks Opportunities for Indian Seafood Companies

​Ecuador's crisis affects global seafood supply, boosting India's shrimp industry amid challenges and caution from investors.

Nimish Maheshwari

[Result Update] VHC - Benefits from Market Conditions

Despite facing a problem of raw material in 2018, Vinh Hoan's business still prospers in virtue of the favorable conditions of the USD/VND exchange...

Rong Viet Securities

BVSC Vietnam Research Updates

Brief Company/Market NewsLoc Troi Group (LTG) began trading on the UPCoM(unlisted public companies market) this week. Loc Troi Group is a leading...

BAOVIET Securities

Positive Growth for Laundry Market in Vietnam

1. Home laundry appliances grow by 13% to reach 1.4 million units in 2015, value growth rate is 17% to reach VND8.8 trillion.2. Laundry care’s...

Luan Nguyen

Meal Preparation Becomes More Convenient Thanks to Processed Food

Despite the recession, packaged meat and seafood value in the year of 2016 increased by 6% compared to 2015. The value increased thanks to the...

Luan Nguyen

Ecuador's crisis affects global seafood supply, boosting India's shrimp industry amid challenges and caution from investors.