Give us your feedback

GAS – FY20F earnings cut on oil price slump – Update

Company Note 19/03/2020    212

Share

  • We expect FY20F net profit to be hit by a combined effect of the spreading pandemic and global oil price war.
  • Reiterate Hold with a lower P/E-based TP of VND61,800, assuming the global oil price bottoms in 2Q and rebounds in 2H20F.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND58,000

VND61,800

5.17%

HOLD

OIL & GAS

Please follow this link for the full report

DMCA.com Protection Status