研究中心

Long VN30F2208 near 1,220-1,225 pts area and stop the loss when there is the closing price below 1,215 pts level. (Hourly chart)

Because of selling pressure at the high level, the downtrend is still dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.

Although some bullish signals appear, the downtrend is dominant in the short term. Hence, we need more confirmation signals to define a new uptrend.

Despite the third recovery, the downtrend is still intact in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.

Phat Dat Group released 2Q22 results on 21 Jul, posting revenue of VND853bn (+58.6% yoy, 36.5% qoq) and net profit/NPATMI of VND409bn/413bn (+62.9/63.9% yoy and 46.6/46.5% qoq), implying EPS of VND671.The key attributes to the flourishing revenue growth are the bulk sales of condo projects in Nhon Hoi Ecological tourism and townhouse project (satellite region Binh Dinh province) and in Bau Ca Residential project (Central Coast Quang Ngai province).

STK posted 2Q22 business results with revenue of VND530bn (-17.3% qoq, +3.8% yoy) and NPAT of VND70bn (-8.9% qoq, -2.0% yoy). Overall, in 1H22, the company recorded revenue of VND1,170bn (+8.6% yoy) and NPAT of VND146bn (+3.4% yoy), fulfilling 45%/49% of annual guidance.

Long VN30F2208 near 1,220-1,225 pts area and stop the loss when there is the closing price below 1,215 pts level. (Hourly chart)

VHC’s 2Q22 revenue surged 80% yoy to VND4,226bn and net profit jumped 2.0x yoy to VND788bn, above 1%/40% our 2Q22F estimation and fulfilling 56%/80% our forecast. In 3Q22, we expect that VHC still maintain solid business results compared to 3Q21 but is merely equivalent to new high record at 2Q22, mdue to the soft landing qoq of export fillet pangasius product in key market US.

On July 20, SSI Securities (SSI) announced MI financial report for 2Q22. Revenue was pegged VND1,583bn(-17% qoq, -8.4% yoy) and NPAT was VND416bn (-39% qoq , -26.4% yoy). In 1H22, SSI recorded VND3,198bn revenue (+10.6% yoy) and VND998bn net profit (+10.9% yoy).

Despite the second recovery, the downtrend is still dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.