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KDH – Visit Note – 20180212

Company Note 12/02/2018    132

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  • KDH has a convincing development pipeline of traditional products in the East of HCMC while its long-term prospects are underpinned by its massive land bank in the West of HCMC. Earnings will ramp up this year based on strong pre-sales realized last year, especially in the condominium segment which saw a total absorption rate of around 89%; non condo absorption rates were also robust at 76%.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND31,400

N/A

N/A

NOT RATED

REAL ESTATE

 

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