Tóm tắt:
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PVI is trading at a 2011 PBR and PER of 0.8x and 10.6x respectively, versus historica averages of 1.2x and 13x, which are the same as regional (Asia-Pacific emerging) current averages. The dividend is a supporting factor; additionally, being a liquid stock with a good growth story, PVI will benefit from a rising Vietnamese equity market that we expect from mid-2011.
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