Company Report

We recommend BUYING Dabaco (DBC) shares with a target price of VND68,700/share, assuming improved business prospects, expanded business scale and profit from real estate projects

Accelerated provisioning in 2Q21

2Q21 earnings up 36.1% YoY

HRC is the growth driver

Positive outlook thanks to large landbank

We recommend BUYING PHR shares with a target price of VND65,700 apiece with the momentum gained from rubber plantations converted into industrial land, stable operation of the rubber segment & joint venture, and attractive cash dividend yield

Positive outlook thanks to high world oil prices

We recommend BUYING MSH shares with a target price of VND85,600/share thanks to recovering demand, capacity expansion, boosted exports and attractive cash dividend

Positive outlook in the long term

1Q21 NPAT up 38.4% YoY