Daily Call

Daily Call
SSI Daily Call with Update on SOE reform and CTG

Market wrap: Stocks trade mix on profit locking pressure

Macro wrap: Update on SOE reform

Equity wrap: CTG VN (Outperform): 2Q2020 earnings flash note 

07/08/2020

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SSI Daily Call with Update on public investment and REE

Market wrap: Both bourses maintain 3 consecutive day gain amid higher traded volume

Macro wrap: Update on public investment

Equity wrap: REE VN (Outperform; TP VND 38,100): Stable Cashflow from Office Leasing and Water Supply

06/08/2020

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SSI Daily Call with Update on industrial production index and MWG

Market wrap: Both indices up higher despite foreign net selling returns 

Macro wrap: Update on industrial production

Equity wrap: MWG VN: June results in-line with SSI forecasts 

05/08/2020

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SSI Daily Call with Update on cabinet meeting and POW HDB

Market wrap: Blue-chips surge bringing the bourses into green

Macro wrap: Update on cabinet meeting

Equity wrap: POW VN (Outperform; TP VND: 12,000): Uncertainty about Ca Mau Bad Debt Load; Target Price Cut

                       HDB VN: Better than expected 2Q PBT growth

04/08/2020

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SSI Daily Call with Update on VCB

Market wrap: Stocks trade mix on ETFs rebalancing date

Macro wrap: Update on Covid-19 outbreak in Vietnam

Equity wrap: VCB VN (Market Perform): 1H 2020 Update – Earnings call

03/08/2020

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SSI Daily Call with Update on 2021 economic plan and PLC

Market wrap: Both indices edge higher amid low traded volume

Macro wrap: Update on 2021 Planning

Equity wrap: PLC VN (Outperform; TP VND: 18,600): Better than expected Q2 2020 results 

31/07/2020

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SSI Daily Call with Update on July macro data and MBB and QNS 2Q20 prelim results

Market wrap: Stocks slump as pressured by the pandemic uncertainty

Macro wrap: Vietnam macro update for July

Equity wrap: QNS VN (Outperform): 2Q20 prelim results: Resilient soymilk sales amidst pandemic

                       MBB VN (Outperform; TP VND 22,000): 1H 2020 earnings result exceeded management guidance at 2020 AGM

30/07/2020

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SSI Daily Call with Update on VNM 2Q20 prelim results

Market wrap: Bargain hunting leads both bourses into green

Macro wrap: Update on public investment

Equity wrap: VNM VN (Outperform; TP VND 135,000): Q2 results well in line with management guidance at 2020 AGM

29/07/2020

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SSI Daily Call with Update on Vietnam FDI and TPB earnings call

Market wrap: VN-Index witnesses biggest drop since late March amid pandemic concerns

Macro wrap: Update on Vietnam FDI in July

Equity wrap: TPB VN (Outperform): Corporate bonds and big companies were the key growth drivers

28/07/2020

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SSI Daily Call with Update on Covid-19 situation in Vietnam and FPT and DPM

Market wrap: Both bourses return to slump over pandemic concerns

Macro wrap: Update on impact from Covid-19 pandemic

Equity wrap: FPT VN: Tech Meetup day – Still hunting for new projects

                       DPM VN (Outperform; TP VND 16,900): 2Q20 earnings results

27/07/2020

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SSI Daily Call with Update on Covid-19 stimulus packages and MCM

Market wrap: Blue-chips rise bringing VN-Index higher amid muted traded liquidity

Macro wrap: Update on impact from Covid-19 pandemic

Equity wrap: Moc Chau Milk JSC (OTC): Iconic dairy to be listed within 9 months

24/07/2020

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SSI Daily Call with Update on VCB 2Q20 results

Market wrap: Heavy blue-chips selloffs send VN-Index to tumble further

Macro wrap: Update on Vietnam energy sector

Equity wrap: VCB VN (Market Perform; TP VND 89,900): Earnings recovery thanks to retail banking, FX trading, and cost management

23/07/2020

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SSI Daily Call with Update on public investment and FPT

Market wrap: VN-Index stays muted around 860 level amid stocks mix trading

Macro wrap: Update on Long Thanh airport project

Equity wrap: FPT VN (Outperform; TP VND 56,400): Actively evolving

22/07/2020

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SSI Daily Call with Update on VN30 2Q20 review

Market wrap: Stocks slump as foreign net selling hikes

Macro wrap: Update on Vietnam export

Equity wrap: HOSE Indexes review Q3 2020

21/07/2020

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SSI Daily Call with Update on public investment and VPB 2Q prelim results

Market wrap: Majority of stocks lost grounds against previous gains, pressuring VN-Index lower

Macro wrap: Update on public investment

Equity wrap: VPB VN (Market Perform): Earnings inflated due to Circular 01

20/07/2020

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