Greetings from Vietnam, where I have been for two weeks visiting companies in Ho Chi Minh City and Hanoi. I have spent my days meeting numerous CEOs and evenings working on this Investor Letter. We decided to make it this time in a Questions and Answers format to address various topics.
Here are the key findings of the letter:
We can expect Vietnamese companies to deliver a strong earnings year in 2022.
The turnaround companies and the banks in the PYN Elite portfolio look particularly interesting this year.
We may see a lot of sudden up and down movements in the stock markets during the year.
Portfolio Manager and Board Member, born 1961. Petri is the founder of PYN Fund Management. He has been a portfolio manager for the PYN Elite Fund since its inception in 1999. Petri has been quoted among the most successful portfolio managers in Finland and Europe. By Citywire, Morningstar and Arvopaperi Magazine. He has 30 years of experience in visionary and successful equity investing. Prior to starting as a full-time portfolio manager, Petri worked as an entrepreneur in the media industry in radio and television program productions. Petri is a graduate of economics. Petri has been living in Asia for a long time on the target markets for PYN Elite investments. In addition to investment, important things in his life are family, sea and fishing, as well as skiing, walking and cycling.
PYN Fund Management uses cookies as well as cookies from third parties. Cookies are used to enhance the visitor experience, to remember your settings and present you with personalised content on our websites. We also use cookies for traffic analysis, to provide social media features and to show you targeted ads in our own and external online media. By using our site, you accept all cookies from us and our collaborators and you thus consent to ours and our collaborators’ use of cookies. Disabling cookies will reduce the site functionality and the online experience. Privacy Policy
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Privacy Policy
Cookie
Type
Duration
Description
_ga
2 years
The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_ga_3RFR72HQEH
2 years
This cookie is installed by Google Analytics.
_gat_gtag_UA_136611769_1
1 minute
Set by Google to distinguish users.
_gid
1 day
Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
cookielawinfo-checkbox-marketing
11 months
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-non-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Non Necessary".
esign
session
Eväste vaaditaan sähköisen allekirjoittamisen mahdollistamiseksi.
esign_id
session
Required cookie to enable electronic signing for documents.
esign_pwd
session
Required cookie to enable electronic signing for documents.
esign_uuid
session
session
Required cookie to enable electronic signing for documents.
isbOPcurrentLanguage
session
Keeps track of user's selected website language.
PHPSESSID
session
This cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
ppwp_wp_session
30 minutes
The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
