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FRT – FPT Retail (FRT) slightly undershot the FY2018 management target due to a slump in Apple product sales 4Q18 – NRNote

Company Note 15/02/2019    232

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  • Apple – sweet fruit turns sour.
  • FRT continued to extend its mobile handset retail footprint.
  • The pharmacy chain – Long Chau has not yet been consolidated into FRT.
  • FRT is currently trading at a TTM P/E of 12.9x.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND64,000

N/A

3.1%

NOT RATED

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