SCS VN - Cutting Assumed Contribution from LTA-C1, High Cash DPS
We downgrade our rating for SCS to MARKET PERFORM from OUTPERFORM as we cut our target price (TP) by 25%. SCS’s share price has dropped by 10% over...
191 Views
Saigon Cargo Services (SCS VN): Q3 2024 Preview Strong As Ever
Trading at 10.7x PE FY24 and a 9% dividend yield, we cover catalysts such as the Long Thanh airport bidding and the corporate tax change to 20% in...
308 Views
Saigon Cargo Services (SCS VN): August Volumes of 40% YoY, Correction Provides An Opportunity
We provide an update on Saigon Cargo Services (SCS VN) volumes. Trading at 11.9x FY24 PE, net cash, with an 8% dividend yield and ROEs consistently...
356 Views
Sai Gon Cargo Service (SCS VN): Strong Q2 2024, 8% Dividend Yield, >40% ROEs, Net Cash
We summarize Sai Gon Cargo Services' (SCS VN) Q2 FY24 results. This rare stock has>40% ROE, 70% net margins, and a 7.5-8% dividend yield. There is...
336 Views
Shortlist Of High Conviction Ideas: Income, Value, and Margin of Safety - November 2024
We compile our selection of small and mid-cap names for the Philippines with our desired characteristics of high dividend yields, value, and margin...
330 Views