Tiêu đề | PVS_BUY_TP 18,300_Upside 17.3%_April showers bring May flowers_BSC Company update |
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Loại báo cáo | Phân tích công ty |
Nguồn | BSC |
Doanh nghiệp | PVS |
Chi tiết |
Ngày : 22/07/2021 Số trang : 8 Ngôn ngữ : English Dạng tệp : .PDF Kích thước : 646 Kb Tải về: 136 Tải về |
Bình chọn | (Bạn phải đăng nhập để bình chọn) |
Tóm tắt |
Valuation
We recommend BUY for PVS stock with a target price of VND 18,300, +17.3% from the November 17, price of VND 15,600 based on P/E 2021 = 10.5
Forecast of business performance
Investment thesis
Investment to large oil and gas projects are heavily focused, which is expected to bring growth to VPS
Catalyst
The market will receive new cash flows from investment funds according to the MSCI FM Index and MSCI FM 100 Index from November 2020 when Kuwait is upgraded. Accordingly, the proportion of PVS shares in iShare fund is expected to increase from 0.09% to 0.22% (equivalent to a purchase value of 0.49 million USD). (For details refer to Link)
Financial result & business update
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