Stocks in the spotlight on September 24: MWG, VCB, VHC

2 min read

Comments on some key stocks given by securities companies include MWG, VCB, and VHC.

Cổ phiếu tâm điểm ngày 24/9: MWG, VCB, VHC - Ảnh 1.

Photo: Anh Huong

MWG – Micro greener electrics capture unmet demand

Viet Capital Securities Joint Stock Company (VCI)

Analysis:

The micro DMX model records a high gross profit margin, supported by product structure and favorable operating costs.

According to management, the micro DMX stores recorded gross profit margins of about 23% compared with about 21% of the existing TGDD and DMX stores. This positive gross margin is underpinned by the higher sales contribution of the household goods group (20% – 25% compared to about 15% for other DMX models).

As for operating costs, the rental costs of the DMX micro store are approximately 25% of the cost of the DMX mini store. Meanwhile, each DMX micro store only employs 4 employees (excluding store managers) compared with 12-15 at DMX mini store.

In addition, the micro DMX model can take advantage of the existing logistics system and mid / senior management personnel such as regional director and regional sales manager.

Up to now, MWG operates 28 micro-DMX stores and is expected to reach a total of 70-80 stores by the end of September.

Management continues to set a target for the total number of micro DMX stores to reach 300/700 / 1,200 by the end of 2020/2021/2022, thereby expanding the company’s market share in the electronics segment from 40% in 6 months at the beginning of 2020 to 45% / 55% / 60% by the end of 2020/2021/2022.

By the end of 2020, MWG plans to deploy this new model in a total of 19 provinces / cities in the Southeast and Southwest regions, then nationwide in 2021. Each province / city is expected to have 15 – 20 very small DMX stores, according to the management board.

VCB – Accumulation

BIDV Banking Securities Joint Stock Company (BSC)

Technical highlights:

– Current trend: Cumulative.

– MACD trend indicator: Golden Cross appears.

– RSI indicator: Gradually increases above 50 and has not entered the overbought zone.

MA: EMA12 is above EMA26.

Analysis:

VCB is still in a sideways movement in the 82 – 86 area after having recovered in early August. The stock liquidity in recent sessions is still of good value and is stable.

Technical indicators are currently in a positive state. Today, the MACD indicator has just appeared Golden Cross, so the potential VCB will establish a short-term uptrend. The nearest support level of the stock is at around 84.5.

Cổ phiếu tâm điểm ngày 24/9: MWG, VCB, VHC - Ảnh 2.

Technical chart of VCB stock

VHC – Positive

Yuanta Securities Vietnam JSC (FSC)

Technical highlights:

– Short term resistance 46

– Short term support 40.56

– Short-term uptrend

– Mid-term resistance at 47.23

– Mid-term support 36.96

– Mid-term uptrend

Analysis:

The price chart of VHC hit a 52-week high and the price graph entered a strong bull cycle with a short-term expected target of 47.23. Therefore, short-term investors can continue to hold or increase the proportion of these stocks and buy new stocks at corrections.

Cổ phiếu tâm điểm ngày 24/9: MWG, VCB, VHC - Ảnh 3.

VHC stock technical chart

Investors should only consider comments of securities companies as a source of reference information. Securities companies all recommend disclaimer for the above judgment.

Source: vietnambiz.vn – Translated by fintel.vn