Thuduc House’s TDH Shares on a Roll: Surging 22% in Four Trading Sessions
HoSE-listed Thuduc House’s (TDH) shares witnessed a remarkable rally, surging 6.54% to close at VND 4,890 per share on May 14, with a trading volume of 1.2 million units. This marked the fourth consecutive session of strong gains for TDH, previously rising 1.75% on May 9, reaching the maximum daily limit of 6.86% on May 12, and climbing 5.28% on May 13.
In just four trading days, TDH’s share price has skyrocketed by nearly 22%. If we look further back, from its low of VND 2,420 on April 10, the lowest since the beginning of the year, the real estate stock has soared by a staggering 102.07%, adding VND 2,470 per share.
The sharp upturn in TDH shares comes on the heels of Thuduc House’s positive financial results for the first quarter of 2025, with a post-tax profit of nearly VND 6 billion, compared to a loss of nearly VND 1.7 billion in the same period last year.
Notably, in the fourth quarter of 2024, the real estate company reported a record loss of nearly VND 285 billion. This coincided with TDH plunging to its historical low of VND 2,100 per share.
TDH shares surge to a peak, marking the highest price in over a year. (Source: cafef)
In related news, Le Ngoc Xuan, Thuduc House’s Board Secretary and authorized representative for information disclosure, has registered to purchase two million shares from May 15 to June 13, for investment purposes.
Should the transaction be successful, Ms. Xuan’s ownership in TDH will increase from 0.029% to 1.79%. Based on TDH’s closing price of VND 4,890 on May 14, Ms. Xuan is estimated to invest nearly VND 9.8 billion to complete this transaction.
Previously, on April 17, Thuduc House announced the record date for the upcoming 2025 Annual General Meeting of Shareholders. The record date is set as May 19, 2025, and the meeting is expected to take place in June 2025. Further details regarding the venue and agenda will be communicated later.
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As of the current market value, Ms. Xuan is expected to spend approximately 9 billion VND to finalize the transaction.
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