VHC – Flying through the clouds – Update
- We expect a rebound in pangasius export price following demand recovery in the EU and China for FY21.
- Reiterate ADD and lower TP to VND50,000 due to prolonged COVID-19 outbreak impacts and lower FY21-FY22 EPS forecasts.
|
Market Price
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Target Price
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Dividend Yield
|
Rating
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Sector
|
|
VND42,750
|
VND50,000
|
4.74%
|
ADD
|
FISHERY
|
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