Tracodi General Meeting of Shareholders (TCD): The margin pressure this year will be far greater when capital is expected to reach a record VND 5,164 billion, an estimated profit of 105 billion dong in the first quarter, followed by a forecasted spike in 04/15/2022 According to the 2022 business plan, revenue is expected to reach 3,700 billion VND. This total comes from construction sector both the prior year and this year, VND 2,070 billion; from renewable energy, VND 1,050 billion; transport and industrial projects, VND 580 billion. Read More
Restructuring Vinataxi, Tracodi (TCD) gains more competitive advantages 04/07/2022 (Stock market news) 70% capital of Vinataxi Co., Ltd. has just been transferred from an international investor to Helios JSC, a subsidiary of Bamboo Capital Group, led to a new possible business direction. Read More
Covid-19 causes many challenges for the real estate market but also an opportunity for M&A, expanding land bank 03/18/2022 While many companies have regretted not finishing their 2021 business plans due to the pandemic, many real estate giants including BCG Land seized the opportunity to expand their land bank, and look at 2022 with even more ambitious ones. Read More
VNM ETF invests in BCG and other seven stocks 03/12/2022 This morning, Vietnam time, MVIS announced the results of the quarterly review for the MVIS Vietnam Index which comprises a diversified group of many of the largest and most liquid companies in the investable universe. According to the first review, MVIS Vietnam Index added eight stocks including CEO, HUT, DXG, BCG, HDG, ORS, VIX and PVD whereas no stock was disinvested from the portfolio. Read More
BCG – Awaiting another year of robust earnings - Business analysis report of VN Direct 03/07/2022 - In FY21, BCG's net profit (NP) grew by 186.9% yoy, fulfilling 75.7% of our full year forecast as higher-than-expected minority interest. - We revise our forecast for FY22/23/24F NP by -27.7%/-1.5%/+6.1% vs. previous projection due to the adjustment of property handover revenue. - Upgrade form Hold to Add with higher target price of VND29,600/share. Read More