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

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>We maintain our Buy rating and target price of VND62,000 for Nam Long Investment Corporation (NLG), based on the RNAV valuation method.</li><li>With six real estate projects currently launching and presales value of VND8,410bn in 1H22, we believe that NLG is currently underpriced and is thus an attractive investment opportunity.</li><li>Risk: The shortage of supply in the real estate market and the corporate bond market turmoil in 1H22, have combined to negatively impact investor sentiment.</li></ul><p><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></p>

We maintain our Buy rating and target price of VND62,000 for Nam Long Investment Corporation (NLG), based on the RNAV valuation method.With six real estate projects currently launching and presales value of VND8,410bn in 1H22, we believe that NLG is currently underpriced and is thus an attractive investment opportunity.Risk: The shortage of supply in the real estate market and the corporate bond market turmoil in 1H22, have combined to negatively impact investor sentiment.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.

Nam Long Investment Corporation: Internal Strength Overcomes Challenges