External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul>
<li>Large land bank within prime locations: As of the end of 2Q/22, IDC's land bank encompasses more than 758 ha, with five Industrial Parks (IP) concentrated in the two key economic provinces of the North and South.</li>
<li>Most IPs are cleared early, so the cost of sales is very low.</li>
<li>Moreover, most industrial zones in the North are field land, so compensation is low, based on the state unit price.</li>
</ul>
<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>


Large land bank within prime locations: As of the end of 2Q/22, IDC's land bank encompasses more than 758 ha, with five Industrial Parks (IP) concentrated in the two key economic provinces of the North and South.
Most IPs are cleared early, so the cost of sales is very low.
Moreover, most industrial zones in the North are field land, so compensation is low, based on the state unit price.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

IDICO Corporation - JSC  (IDC VN Equity/Buy) - Initiation - Industrial Parks Drive the Growth