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POW – AGM Note – 20190423

Company Note 22/04/2019    116

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  • The company has set a flat business plan for FY2019 at the AGM on 19 Apr 2019. In our view, this plan is quite conservative given lower depreciation expenses (thanks to fully depreciated Ca Mau 1 & 2 plants in 2018) and potentially higher output volume with no major maintenance this year. The company plans to pay 6% stock dividend in 2019.

Market Price

Target Price

Dividend Yield

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Sector

VND14,100

N/A

0.00%

NOT RATED

PROPERTY

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