Peta’s blog
Situation under control
The Vietnam Stock Exchange started in 2020 with an index reading of 960 (A). The Vietnamese economy was having good growth and the earnings expectations of listed companies were rather robust. At the turn of the year, a period of…
Read moreVIETNAM ON/OFF
The signals of the COVID-19 epidemic from Vietnam have been encouraging this week. People have been able to return to shopping malls and streets. The virus no longer seems to scare the public. Some schools have reopened this week and…
Read moreVIETNAMESE STOCK MARKET
The Vietnamese stock exchange has been on a slide since April 2018 by 35.2 percent. Decline is now 18.8% since the beginning of this year. After the weak two-years performance, about one fifth of the stock market’s value has been…
Read moreVIETNAM GDP TO GROW 3% IN 2020
Vietnam’s growth froze in the first quarter of the year but continued to record a GDP growth rate of 3.82%. Manufacturing and exports continued to maintain moderate growth, although the growth figures also weakened towards the end of the quarter.…
Read moreCOVID-19 VIETNAM
Vietnam’s latest COVID-19 figure is 266 infections. Only one new infection has been detected in the last 24 hours. No country has been able to compile statistics on virus infections correctly, but it is wrong to assume that numbers from…
Read moreVN INDEX BOTTOMING OUT: –43% IN TWO YEARS
The US stock markets crashed 57% from their peak levels during the 2008–2009 financial crisis. The 1929 stock market crash was a similar magnitude of 50 %, but it was followed by a banking crisis that lasted around three years,…
Read moreALL IN!
The Vietnamese market was attractively priced even before the stock market slump caused by the coronavirus. Vietnamese listed companies have seen good earnings growth, but the index has been consolidating and getting ready for a further take off for a…
Read moreA month with Coronavirus
The coronavirus has brought VN Index from 990 level to 920 in a month, with the weakest trading days visiting below 900. The first 3 weeks of the year were very promising. The index performed nicely due to good company…
Read moreGood Results
The Vietnamese stock market has been sluggish for a long time, while the US stock market and several individual Finnish stocks have performed well. However, all the elements for a brisk stock market performance in Vietnam exist; here are the…
Read more DownloadRealizing MWG Gains
At the end of November, we agreed on a block trade where we halved our MWG stake by selling seven million shares at a good premium compared to the stock market price. As the purchase price deviated from the stock…
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