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On looking forward, the divestment of SCIC may also improve BMP’s liquidity and make stock suitable for a wider variety of investment styles. However, since the business’ performance still have no significant improvements thus far and the contribution of Long An factory is still not in clear sight, VDSC maintain our target price of VND87,700/share from the last update (04 /04/2014) and upgraded our recommendation from NEUTRAL to BUY in LONG TERM.
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