External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

Cotec Construction JSC / Equity Bottom-Up

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<li>Valuation: We lower our target price for Coteccons Construction JSC (CTD) to VND88,300 (from VND108,100) and maintain our Buy recommendation, based on the DCF valuation method.</li>
<li>CTD’s corporate re-structuring efforts continue to progress, showing promising signs in 1H22:</li>
<li>Project bidding accelerated, with total contract value at approximately VND16tr.</li>
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<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>






Valuation: We lower our target price for Coteccons Construction JSC (CTD) to VND88,300 (from VND108,100) and maintain our Buy recommendation, based on the DCF valuation method.
CTD’s corporate re-structuring efforts continue to progress, showing promising signs in 1H22:
Project bidding accelerated, with total contract value at approximately VND16tr.





Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Coteccons Construction JSC ( CTD VN Equity / Buy) - Update - Regaining leadership position  