VNM tây đã bán xong

ATC 2 quỹ ETF mua 1.5 triệu cổ VNM giá 107k/ Cp; Quỹ nó mua giá này; NĐT cá nhân chắc xúc được.

Nó mua thoả thuận của bên đầu bán nuớc ngoài khả năng hết hàng rồi

2 quỹ đăng ký mua gần 2 triệu cổ nhưng chỉ mua đc có 1.5 triệu thôi.

Mình vào giá 102 đây hy vọng tháng sau tăng 10%

Con này khả năng tuần sau chạy

Chart nay biết bao giờ chatk nổi

nó thoả thuận giá tb trong ngày mà? 101.7 chứ?

Tiếp tục theo dõi

tuần này liệu có tiếp tục -1-2 triệu cổ mỗi ngày không các bác

Undervalued. We believe Vietnam Dairy, known as Vinamilk, is a dominant, best-inclass franchise trading at an unfair discount – the stock trades at a 19x FY21e PE versus peers’ 30x. The company is Vietnam’s leading dairy product manufacturer with a 50% domestic market share, a strong brand and balance sheet, and competitive advantages in costs and distribution. However, over the past five years, the stock has underperformed the country index by c150% because of slower growth. We argue that Vinamilk’s growth is set to reaccelerate, driven by a rise in per-capita dairy consumption, a premium product portfolio, and an expanding export market.
Consumption, premiumisation and exports. After comparing Vietnam with countries with similar consumption cultures (e.g. China), we think there is room for further growth in Vietnam before the dairy market becomes fully mature. We also think that the market underappreciates the investments the company has made in its premium portfolio, which generates faster growth and higher prices. On the export front, Vinamilk has started to make inroads into China, South Korea and the Philippines. It has also formed partnerships in the domestic market with Kido Group (KDC VN, VND50,800, Not Rated) in beverages/ice cream and Sojitz (2768 JP, JPY317.00, Not Rated), a Japanese trading company, in a new category – beef.
Our forecasts. We forecast a revenue CAGR of c8% in 2020-2023e, driven by volume growth (5%), higher average selling prices (ASP) from premiumisation (1%), new products (1%) and incremental contribution from higher exports (1%). We expect EPS to grow at a CAGR of over 10% during the next three years – above the consensus forecast of 7% – as we think the company will enjoy the benefits of operating leverage as well as higher interest income from its rising cash balances.
Valuation and risks. Our target price of VND140,000 is based on a 26x FY21e PE, a 15% discount to its peers’ average of 30x to account for its listing in Vietnam, a frontier market. We believe this multiple is fair given the company’s >35% ROE and non-cyclical growth profile. With c39% upside, we initiate with a Buy rating. Furthermore, its net-cash balance sheet (c10% of its current market cap in cash & deposits) and strong free cash flow provide a cushion for downside risks. In addition, the stock is an ideal proxy for foreign investors to the Vietnam market, as it does not have a foreign ownership limit and is thus accessible without a trading premium. Key downside risks: Higher raw milk powder prices and increased competition from domestic and foreign rivals.

--- Gộp bài viết, Mar 22, 2021, Bài cũ: Mar 22, 2021 ---

thế này chắc về 70 để target dc 100%