MCH - Consumer Champion with Unique Retail Synergy - Initiation
Masan Consumer manufactures seasonings (50% market share), convenience foods (20%), non-alcoholic beverages (3%), coffee (14%) and home & personal...
176 Views
IDC [BUY +36.9%] - Large Strategic Land Bank to Drive IP Land Sales Rebound - Update
We maintain our BUY rating on IDC but lower our target price by 4% to VND54,000/share, as a result of our 32%/22%/18%/11% cut in 2025/26/27/28F...
138 Views
VinFast's (Nasdaq: VFS) Q3 2025 Earnings Call - Highlights
Management reiterated its focus on top-line growth, reaffirming its 2025G global delivery target to at least double the 2024 level to ~200,000 EVs...
170 Views
MBB [BUY +42.5%] - Stronger Earnings Growth in 2026 Fuels Higher ROE - Update
We increase our target price (TP) by 8% to VND32,500/share, and upgrade our rating from OUTPERFORM to BUY as the share price has decreased 10% in...
131 Views
KBC [BUY +21.8%] - Trang Cat UA Launch, Strong IP Backlog to Boost 2026 Earnings - Update
We maintain our BUY rating and raise our target price (TP) by 2% to VND 42,500/share.Our higher TP is driven by (1) rolling our valuation horizon...
147 Views