RCS - VietNam Holding Ltd - Update research from QuotedData

VietNam HoldingAnnouncement

15/12/2022 12:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221215:nRSO8752Ja&default-theme=true

RNS Number : 8752J  VietNam Holding Limited  15 December 2022

Vietnam Holding Limited - Update research from QuotedData

15(th) December 2022

A real growth story that remains intact

Despite having coped well with COVID and offering very strong growth prospects
over the next five years (see page 6), the Vietnamese stock market has been
weighed down by severe negative sentiment towards Asia in recent months. This
is likely a function of lockdowns in China, slowing global economic growth and
rising interest rates in the West.

Vietnam Holding (VNH) has outperformed local market indices by good margins.
Nevertheless, it has lost value during the last twelve months and, reflecting
this, its share price discount
(https://quoteddata.com/glossary/discount-to-nav/) to net asset value (NAV)
(https://quoteddata.com/glossary/net-asset-value-per-share-nav-per-share/) has
widened. This could represent a significant opportunity. The Vietnamese market
is cheap versus both global and emerging Asian peers. It could see a
significant rerating as growth comes through, with the potential for a
narrower discount on VNH too.

Full research:

https://quoteddata.com/research/vietnam-holding-limited-real-growth-story-remains-intact-qd/
(https://quoteddata.com/research/vietnam-holding-limited-real-growth-story-remains-intact-qd/)

This research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com) where you will also find news, performance data
and factsheets on every London listed Investment Company. QuotedData writes
and distributes research on a number of quoted companies, facilitates meetings
between those companies and existing and potential investors and assists in
raising additional capital where required.

NB: Marten & Co was paid to produce this note on Vietnam Holding Limited
and it is for information purposes only. It is not intended to encourage the
reader to deal in the security or securities mentioned in this report. Please
read the important information at the back of this note. QuotedData is a
trading name of Marten & Co Limited which is authorised and regulated by
the Financial Conduct Authority. Marten & Co is not permitted to provide
investment advice to individual investors categorised as Retail Clients under
the rules of the Financial Conduct Authority.

QUOTEDDATA

50 Gresham Street | London EC2V 7AY

Tel: +44 (0) 20 3691 9430

www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com
(mailto:research@quoteddata.com) | www.martenandco.com
(http://www.martenandco.com)

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRATABTTMTTBBMT