Daily Call

Daily Call
SSI Daily Call with Update on MBB

Market wrap: Gains extend on both bourses thanks to surging key sectors

Macro wrap: Update on tax administration decree

Equity wrap: MBB VN (BUY; TP VND 24,800): 3Q 2020 updates – Restructured loans exhibiting good recovery

10/11/2020

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SSI Daily Call with Update on REE

Market wrap: Heavy foreign selloffs return to narrow gains from HCM main bourse

Macro wrap: The week ahead: Macros light, policies right, inflation far from sight 

Equity wrap: REE VN (Outperform; TP VND 46,200): Hydropower segment drives momentum in forecast

09/11/2020

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SSI Daily Call with Update on STK

Market wrap: Both bourses lose grounds despite foreign net buy returns

Macro wrap: Update on US DoC preliminary determination on CVD investigation into Vietnam light truck tire producers

Equity wrap: STK VN (BUY; TP VND 21,400): Recovery knocking sooner than expected 

06/11/2020

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SSI Daily Call with Update on SOEs reform and MWG and FPT

Market wrap: VN-Index slowly inches back to 940 level as heavy foreign selloffs remain

Macro wrap: Update on SOE reform and remittance 

Equity wrap: MWG VN (BUY; TP VND 147,000): 3Q2020 earnings update

                       FPT VN (BUY; TP VND 62,600): Analyst meeting – Earnings forecast maintained

05/11/2020

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SSI Daily Call with Update on VCB

Market wrap: Majority of key sectors march higher supporting VN-Index to gain further

Macro wrap: Update on North-South Expressway

Equity wrap: VCB VN (Outperform; TP VND 97,400): Higher CIR and credit cost hampered 3Q20 results

04/11/2020

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SSI Daily Call with Update on National Assembly meeting and ACV

Market wrap: Stocks rally extending bourses' gains amid lower traded volume

Macro wrap: Update on the National Assembly meeting

Equity wrap: ACV VN: 3Q 2020 financial results – Back to profitability

03/11/2020

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SSI Daily Call with Update on cabinet meeting and ACB

Market wrap: VN-Index gains higher thanks to blue-chips rise 

Macro wrap: Update on cabinet meeting

Equity wrap: ACB VN (BUY; TP VND 30,800): Earnings beat our consensus

02/11/2020

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SSI Daily Call with Update on October economic data and CTG

Market wrap: Stocks mix trading amid heavy foreign net selling pressures

Macro wrap: Update on Vietnam economy in October

Equity wrap: CTG VN: Decent income growth, but soaring provision expenses impacted the bottom line

30/10/2020

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SSI Daily Call with Update on PLC

Market wrap: VN-Index tumbles to 921 pts as growing heavy selloff pressures

Macro wrap: Update on Vietnam – US relations

Equity wrap: PLC VN (Outperform; TP VND 23,700): Continued strong earnings growth in Q3

29/10/2020

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SSI Daily Call with Update on fiscal policy and MSN

Market wrap: Majority of stocks slide further extending both bourses' loss 

Macro wrap: Update on fiscal plan for 2021

Equity wrap: MSN VN (Market Perform): Update on MSR deal

28/10/2020

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SSI Daily Call with Update on TCB

Market wrap: Profit taking pressures lead to VN-Index' sharp decline before closing

Macro wrap: Update on FDI, trade and long-term growth aspiration

Equity wrap: TCB VN: 3Q 2020 Earnings Flash Note

27/10/2020

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SSI Daily Call with Update on Vietnam FDI and HT1 3Q20 results

Market wrap: HCM main bourse claims 9-month high thanks to blue-chips rally

Macro wrap: Update on FDI

Equity wrap: HT1 VN (Market Perform; TP VND 16,900): Significant drop in 3Q20 earnings due to sales price cut amid weak market demand

26/10/2020

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SSI Daily Call with Update on MSCI index consultation and VPB and DPM 3Q prelim results

Market wrap: Blue-chips soar lifting VN-Index to recover in the green

Macro wrap: Update on MSCI index consultation

Equity wrap: VPB VN: Provision expenses started to hike

                       DPM VN: 3Q20 results beat market expectations

23/10/2020

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SSI Daily Call with Update on Vietnam fiscal policy and GAS analyst meeting and MCM 3Q20 results

Market wrap: Bourses lost grounds as growing profit-locking pressures

Macro wrap: Update on Vietnam fiscal policy

Equity wrap: GAS VN (Outperform): Analyst meeting

                       Moc Chau Milk (MCM: OTC): Surprising Q3 2020 results

22/10/2020

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SSI Daily Call with Update on 5-year economic plan and ACB 3Q20 prelim results

Market wrap: Banking stocks rally boosting VN-Index into green

Macro wrap: Update on the government’s plan in phases to 2030

Equity wrap: ACB VN: 3Q20 prelim results: Earnings beat our consensus

21/10/2020

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