Analysis Center

IDICO CORPORATION – JSC (IDC VN) Positive 1Q2024 business results. Adjust 2024 forecast mainly due to a reduction in industrial park land area delivered. Change recommendation from Outperform to Neutral with an almost unchanged target price of VND64,500/share because...

FPT DIGITAL RETAIL JSC (FRT VN) The company returned to be profitable in 1Q2024 following three consecutive quarters of loss in 2023. While Long Chau kept enhancing its performance, the FPT Shop chain extended its loss, resulting in a...

MILITARY COMMERCIAL JS BANK (MBB) We downgrade MBB from BUY to OUTPERFORM based on: (1) we reduce target price by 14.7% to VND25,600/share compared to the previous report due to adjusting the PBT forecast for 2024 to reduced by...

GEMADEPT CORPORATION (HSX: GMD)- Restructuring operations for embracing trading recovery. GEMADEPT Corporation (GMD VN), established in 1990, has continuously expanded investments across various sectors to create an integrated value chain including seaports, inland container depots (ICDs), airport cargo terminals,...

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