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VN-INDEX 1.228,10 -0,23/-0,02%
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VN-INDEX    1.228,10   -0,23/-0,02%  |   HNX-INDEX   221,29   -0,47/-0,21%  |   UPCOM-INDEX   91,70   +0,20/+0,21%  |   VN30   1.286,07   -0,60/-0,05%  |   HNX30   467,97   -1,84/-0,39%
24 Tháng Mười Một 2024 9:16:29 CH - Mở cửa
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Tiêu đề Ngày Nguồn Ngôn ngữ Loại Số trang Kích thước

Review 2011 and Outlook 2012

The 2011 macroeconomic picture in Vietnam saw some mprovements with record low trade deficit, balance of payment surplus, decreased budget deficit, and stable domestic consumption. Inflation, however, remained high despite...

13/01/2012 Horizon Securities Tiếng Anh 10 269 Kb

Refrigeration Electrical Engineering Corporation - Company visit note

We believe that a sum of the parts valuation is most appropriate given REE’s diversified business lines. For the M&E and ReeTech businesses, we have applied a 12x and 13.4x...

08/03/2010 Horizon Securities Tiếng Anh 8 131 Kb

CMC Corporation - Company note

At VND28,700 (US$1.55) per share, CMG will be valued at 12.7x FY2010 P/E, a 34% premium to its regional peers in the technology sector. Since its debut on HOSE, CMG...

25/02/2010 Horizon Securities Tiếng Anh 8 87 Kb

Hau Giang Pharmaceutical JSC - Company visit note

Established in 1974 as a state-owned company, DHG was equitized in 2004 and listed on HOSE in 2006. The company is mainly engaged in manufacturing pharmaceutical products with four main...

25/02/2010 Horizon Securities Tiếng Anh 7 189 Kb

Coteccons Group - Company note

Established as a division of Technical Construction and Building Material Company (part of  Building  Material Corporation No.1), Cotec Construction (Coteccons) was equitized in 2004 and will list 18.45mln shares on...

08/02/2010 Horizon Securities Tiếng Việt 7 136 Kb

Hung Vuong Corporation - Company note

Hung Vuong Corporation is the largest pangasius exporter in the world with total designed production  capacity of  910 tons/day. Its four main business segments are: (1) Fish feed (2) Fish...

25/11/2009 Horizon Securities Tiếng Anh 7 97 Kb

Sacombank SecuritiesJoint Stock Company - Company Note

Sacombank-SBS was established in 2006 as a subsidiary of Sacombank Financial Group. Its businesses  include brokerage, stock depositary, proprietary trading, underwriting and investments. The company is headquartered in Ho Chi...

13/11/2009 Horizon Securities Tiếng Anh 10 216 Kb

Hoang Anh Gia Lai Corp - Company visit note

Found in 1993, HAG was privatized  in June 2006 and  listed on HOSE at the end of 2008. HAGL  focuses  on  four  primary  business  operations: (1) real estate  development  mostly...

03/11/2009 Horizon Securities Tiếng Việt 7 317 Kb

Vietnam Export Import Commercial Joint Stock Company

Established in 1989, the bank is known to have a competitive advantage in settlement and foreign  exchange trading. Once listed, the bank will have the fifth largest market cap in...

26/10/2009 Horizon Securities Tiếng Anh 7 154 Kb

Phu Nhuan Jewelry JSC - Company visit note

Established in 1988, Phu Nhuan Jewelry Joint Stock Company (PNJ) is  the leading jewelry  manufacturer  in Vietnam with two jewelryfactories (total capacity of  3 million products per year), 17 branches ...

21/10/2009 Horizon Securities Tiếng Việt 8 224 Kb

Petro Vietnam Transportation Corp - Company visit note

PVT  Established  in 2002 as a subsidiary  of  the  Vietnam  National  Oil  and  Gas (PetroVietnam)  the company was privatized  in 2006 and  listed on HOSE in 2007. The company’s principle...

06/10/2009 Horizon Securities Tiếng Anh 8 173 Kb

Societe De Bourbon Tay Ninh.,JSC Report

STB is a Vietnam-based company mainly engaged in sugar manufacturing sector. The company produces, distributes and trades sugar and sugar related products, and also manages sugacane plantations for production supply..

23/09/2009 Horizon Securities Tiếng Anh 9 262 Kb

Gemadept Corporation Report

Gemadept Corporation (GMD): Gemadept Corporation (GMD): Gemadept Corporation(GMD): Established  in 1990 as a state-owned  company, Gemadept Corporation  (GMD) was privatized in 1993 and listed on HOSE  in 2002. The...

18/09/2009 Horizon Securities Tiếng Anh 10 188 Kb

Petrovietnam Fertilizer and Chemical Joint Stock Company Report

Given the improvement of urea price estimates over the long-term and better visibility of  the company’s upcoming projects, we upgrade  our rating to  BUY. We’ve value DPM on a DCF...

27/08/2009 Horizon Securities Tiếng Anh 7 223 Kb

Vietnam Dairy Products 1HFY09 – Downgrade to UNDERPERFORM

Vinamilk’s 1HFY09 came mostly in line with our estimates. Units sold increased 27.5% while revenue jumped 35.5% in the first half of 2009 compared to the same period last year. ...

24/08/2009 Horizon Securities Tiếng Anh 8 247 Kb

Hau Giang Pharmaceutical - Ahead of the Pack but Fully Valued

Hau Giang Pharmaceutical (DHG) established in 1974 as a state-owned company, DHG was equitized in 2004 and listed on HOSE in 2006. The company is mainly engaged in manufacturing pharmaceutical...

22/08/2009 Horizon Securities Tiếng Anh 21 468 Kb

Pha Lai Thermal Power Joint Stock Company Report

Pha Lai Thermal Power JSC was first incorporated in 1982 as a state-own enterprise. The company was  later converted to a public  company  and  its  shares  were  listed  on  the ...

10/08/2009 Horizon Securities Tiếng Anh 13 188 Kb

Vietnam Bank for Industry and Trade Securities Joint Stock Company - Company note

Established in September 2000, VietinBankSc is the brokerage unit of Joint Stock Commercial Bank for Industry and  Trade (VietinBank). The company has a chartered capital of VND789.9bln (US$44.5mln), of which...

30/07/2009 Horizon Securities Tiếng Anh 6 172 Kb

Joint Stock Commercial Bank for Industry and Trade - Company note

Established in March 1988 as a spin-off of the State Bank of Vietnam, the bank became a joint stock commercial bank on July 3rd 2009. Once listed the bank will...

15/07/2009 Horizon Securities Tiếng Anh 7 127 Kb

Hoang Mai Cement JSC - Company Factsheet

Hoang Mai Cement was established in 1995 on the North Central coast of Vietnam as a state-owned enterprise and was privatized in 2007. The company is primarily engaged in the...

08/07/2009 Horizon Securities Tiếng Anh 7 184 Kb