PYN Elite core holdings include 15 positions representing 94 percent of the portfolio. Half of the core holdings have already published their Q1 results. Airfreight company SCS’s earnings were up only 11 percent, and the company’s business will be returning…
Fitch upgraded Vietnam’s outlook in April from stable to positive. Credit Rating Agency highlighted in the review Vietnam’s ability to sustain high growth and the brisk outlook of the economy. Vietnam’s public debt-to-GDP ratio also stands out, as it reflects…
In March, PYN Elite gained 1.4% supported by CTG, VCI and HDB. VN Index gained 2.0% helped by VIC and banking stocks. The Index held up well supported by local investors buying as bank deposits become less appealing with lower…
My colleagues at PYN recently suggested that I should write a column for an online publication on value investing. This is a topical issue as investors debate the old question of value vs growth. After thinking about it for a…
Vietnam’s stock market recovered well from the January correction. VN-Index increased 10.6% MoM thanks to VIC (9.7% MoM), VHM (8.7% MoM) and TCB (22.7% MoM) while PYN Elite’s NAV was up 9.6% MoM because of CTG (22.1% MoM), MBB (17.9%…
Covid Crisis is still slowing down many economies, but it is likely, that in the year 2021 we will see strong growth globally due to last year’s poor numbers. There is already evidence of the robust growth in Vietnam’s exports…
It is possible to receive PYN Elite NAV daily to your mobile phone as a WhatsApp message. If you wish to use the service, follow this procedure: 1. Add PYN Elite (+358 40 1355 178) to your phone contacts. 2.…
Vietnam’s stock market had a turbulent month in January when VN Index tumbled -4.28%, after a long rally that brought the Index up close to the peak of 1,200 points. The profit-taking was magnified by panic over margin calls and…
British Citywire has ranked PYN Elite’s portfolio manager Petri Deryng as number one among the Emerging Markets Asia -category fund managers. PYN Elite was ranked second in the funds. PYN Elite’s returns were up 43,7% USD in the year 2020.
Vietnam’s stock market has got to a jittery start for 2021, but it’s all due to the relatively fast move up in less than 10 weeks from 900 points to 1200 level. The year 2021 looks very good for the…