Daily Call

Daily Call
SSI Daily Call with Update on property market and KDC

Market wrap: Indices surged higher despite VN30F1M expiry

Macro wrap: Update on property market

Equity wrap: KDC VN (Market Perform; TP VND 51,000): 3Q22 GPM declined sharply YoY despite revenue growth

18/11/2022

Download
SSI Daily Call with Update on money market and Banking sector

Market wrap: Shorts squeezed across the boards

Macro wrap: Update on money market movement and exchange rate

Equity wrap: Vietnam Banking sector Update: A thorny path ahead

17/11/2022

Download
SSI Daily Call with Update on gasoline market and KDC

Market wrap: Force Sales across the boards

Macro wrap: Update on the fuel supply shortage situation

Equity wrap: KDC VN: 3Q22 results: GPM sharply declined despite revenue continued to growth

16/11/2022

Download
SSI Daily Call with Update on Corporate bond market and VNM

Market wrap: Markets down amid diminishing liquidity

Macro wrap: Update on the Vietnam Corporate Bond Market

Equity wrap: VNM VN: Company Update

15/11/2022

Download
SSI Daily Call with Update on BMP

Market wrap: Margin calls on property tickers dragged indices

Macro wrap: News briefing

Equity wrap: BMP VN (Outperform; TP VND 58,800): 3Q22 earnings peaked thanks to lower input materials

14/11/2022

Download
SSI Daily Call with Update on FPT

Market wrap: Markets sank amid weak sentiment

Macro wrap: News briefing

Equity wrap: FPT VN (Outperform; TP VND 95,400): Solid growth supported by abundant net cash & strong interest coverage ratio

11/11/2022

Download
SSI Daily Call with Update on gasoline sector and MWG

Market wrap: Indices up with moderate liquidity, SOCBs lead the gain

Macro wrap: Update on fuel supply shortage in Vietnam

Equity wrap: MWG VN (BUY; TP VND 61,000): Decelerating earnings growth, higher financial expenses

10/11/2022

Download
SSI Daily Call with Update on Trade data and property sector

Market wrap: Markets being calm amid Deputy PM holds emergency meetings with realtor

Macro wrap: Vietnam Economy Watch Oct Trade Data: Trade drops as demand worsens

Equity wrap: Vietnam Property sector update

09/11/2022

Download
SSI Daily Call with Update on State budget and HPG

Market wrap: Indices sank further despite SBV Governor calm

Macro wrap: Update on 10M22 State Budget and 2023 State Budget Plan

Equity wrap: HPG VN (Market Perform; TP VND 15,700): Quick update on Oct sales volume and blast furnace closure

08/11/2022

Download
SSI Daily Call with Update on PVD

Market wrap: VN equities sank on domestic ETF rebalancing date

Macro wrap: Update on government discussion on selected issues

Equity wrap: PVD VN (Market Perform; TP VND 18,200): Short-term impacted from global monetary tightening

07/11/2022

Download
SSI Daily Call with Update on National Assembly meeting and SAB and MSN

Market wrap: Bourses fluctuated with cautious sentiment

Macro wrap: Update on National Assembly meeting

Equity wrap: SAB VN (Outperform; TP VND 204,000): 3Q22 analyst meeting – Stabilization in earnings growth going forward

                       MSN VN: Management significantly lowers guidance for 2022 due to impact of inflationary pressure and tightened monetary environment

04/11/2022

Download
SSI Daily Call with Update on HT1

Market wrap: Indices being dragged down by profit

Macro wrap: Update on the draft Circular to set “Made in Vietnam” criteria

Equity wrap: HT1 VN (Market Perform; TP VND 10,190): Tough 3Q22- This quarter may be time to call the bottom

03/11/2022

Download
SSI Daily Call with Update on Vietnam manufacturing PMI and inflation and PHR

Market wrap: Steady increase on bourses prior to FED talk this week

Macro wrap: Update on Vietnam manufacturing PMI and inflation

Equity wrap: PHR VN (Outperform; TP VND 51,000): On track to reach earnings guidance

02/11/2022

Download
SSI Daily Call with Update on PTB

Market wrap: Markets resilience to bad news

Macro wrap: Update on Circular 13/2022 on the provision of special loans to the credit institutions which are under special supervision

Equity wrap: PTB VN (Market Perform; TP VND 55,700): Declining demand for wood

01/11/2022

Download
SSI Daily Call with update on October macro data and HPG

Market wrap: Earnings released led market mix trade

Macro wrap: Update on Vietnam’s October macro data

Equity wrap: HPG VN (Market Perform; TP VND 18,000): Slowing demand is the key concern in the coming time

31/10/2022

Download
SSI