Give us your feedback

KDH – Weathering the gloomy property market – Update

Company Note 09/10/2020    181

Share

  • We raise our FY20/21F earnings by 3.7%/11.2% to reflect high take-up rates.
  • We expect a 63.9% increase KDH’s presales in 2H20F, thanks to the potential launch of Armena project in late-4Q20F.
  • Upgrade to Add from Hold with a higher TP of VND29,100.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND24,250

VND29,100

2.06%

ADD

PROPERTY DEVT & INVT

Please follow this link for the full report

DMCA.com Protection Status