Saigon Cargo Service boasts an impressive gross profit margin that is the envy of any savvy business owner. With an exceptional ability to generate profit from revenue, the company stands out as a shining example of financial prowess.
With an impressive and sustained upward trajectory, this stock has been a market darling, rewarding investors with impressive returns. It has consistently outperformed the broader Vietnamese stock market, bringing joy to both large institutional investors and individual retail investors alike who have patiently held on to their investments over the long term.
Last week, Doan Hoang Anh, the daughter of Chairman Doan Nguyen Duc, purchased 2 million HAG shares in a matched order. The transaction, valued at approximately VND 20 billion, was based on the session's closing price.
The recovery of profit margins will be a crucial factor for investors to consider to avoid a "value trap" with BSC steel. At first glance, the stock may seem like a bargain, but without a notable recovery and growth in profits, investors could find themselves in a tricky situation.
Hoàng Anh Gia Lai aims high for 2024 with a target revenue of VND 7,750 billion and an after-tax profit goal of VND 1,320 billion.
The proprietary trading arms of securities companies were net buyers to the tune of 11 billion VND across all three stock exchanges.
The primary reasons for such a situation are audit gaps; financial statements with auditor's opinions; stocks that are subject to warning/control/trading restriction/trading suspension; and listing time of less than 6 months, among others.
The VN-Index's upward trajectory since the beginning of May came to a halt today (May 9th). The momentum from large-cap stocks waned, liquidity decreased, and foreign investors offloaded a substantial amount, with net sell-offs surpassing VND 1,720 billion.
With an impressive performance in the first quarter, VNX has achieved 21% of its annual revenue target and an outstanding 41% of its full-year net profit goal for 2024.
"Despite repeated warnings, some investors continue to fall prey to scam artists posing as securities firms, exploiting loopholes, and swindling them out of their money. This is a pervasive issue that demands attention and underscores the importance of vigilance and education in the world of investing."
