Comments on some key stocks given by securities companies include MWG, VCB, and VHC.
MWG – Micro greener electrics capture unmet demand
Viet Capital Securities Joint Stock Company (VCI)
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)
– 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.
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.
VHC – Positive
Yuanta Securities Vietnam JSC (FSC)
– 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
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.
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