Analysis Center

FPT CORPORATION (FPT VN) The company sustained vivid growth in 1Q2024 driven by solid performance of the global IT services segment, in line with our expectation. The stock price has increased by 38% from our latest update and fully...

REE CORPORATION (HOSE: REE) We forecast that the shift in the meteorology cycle from El Nino to La Nina in 2024 will support the business results of REE’s energy segment, which contributes 47.0% of REE’s revenue and 42.9% of...

VIETNAM TECHNOLOGICAL AND COMMERCIAL JOINT STOCK BANK (TCB) We raise target price to VND49,000/share due to Q1/24 business results being more positive than expected but maintain our NEUTRAL recommendation because TCB stock price has increased 18.9% since our last...

MOBILE WORLD INVESTMENT CORP (MWG VN) The company’s profitability enhanced much better than our expectations in 1Q2024, mostly driven by a rebound in TGDD & DMX’s gross margin and BHX narrowing loss. We revise up our EAT projection by...

SAIGON VRG INVESTMENT CORPORATION (SIP VN) 1Q2024 business results were in line with ACBS’s forecast. Reiterate Outperform recommendation. However, we adjusted the target price at YE2024 up by 9% to VND102,300/share, equivalent to a 13% expected share price return...

COTECCONS CONSTRUCTION JSC (CTD VN) In the third quarter of the fiscal year (January 1, 2024 – March 31, 2024), CTD achieved positive business outcomes. The company’s revenue reached nearly VND4.7 trn (+49% YoY). The construction sector which accounted...