5 stocks that are "resistant" to disease

GIL, VSC, DHC, HSG and DGW were listed by Mirae Asset in the list of stocks with positive liquidity, potential to increase prices thanks to good financial health.

The filter funnel of the analysis group Mirae Asset Securities (Vietnam) includes net cash flow from operating activities for three consecutive quarters that is not negative, the rate of return on total assets in the last two quarters is not negative, equity Owning over 35% of total assets, total debt must not exceed 150% equity. These conditions are considered in combination on the latest 6-quarter financial statements as of August 7.

The analysis team excludes banking and insurance companies because of the particularity of the financial statements. Enterprises with negative equity capital from 2017 to the end of the second quarter of this year or not having enough input parameters are not considered.

"The conditions in this filter are not too strict, because in our opinion the epidemic has partly affected the business results of the first two quarters of the year," the analyst group noted. At the same time, the group also recommends that stocks selected after this filter should be evaluated in depth before making investment decisions.

The two largest partners, Amazon and IKEA, both have strong finance and stable business operations, helping the company to bear less pressure on orders this year compared to other textile and apparel businesses in the same industry.

Annual revenue and net profit is estimated at VND 3,380 billion and VND 213 billion, up about 33% year-on-year. Cash dividends this year is expected to be 15-30%, corresponding to dividends on the stock market price up to 7-13%.

All you need to look for today: btc to skrill

VSC - Vietnam Container Group Joint Stock Company

The company is operating in two major ports, Green in the upstream of the Cam River and VIP Green downstream. The Hai Phong area is experiencing oversupply when the demand is only about 70% of capacity. Lach Huyen port is being deployed with a total investment of 7,000 billion VND, creating more pressure on upstream businesses, while downstream businesses are still competitive in the short term thanks to convenient traffic location.

The company's revenue and net profit this year are estimated at VND 1,752 billion and VND 300 billion, down by 2% and 5% respectively compared to the previous year because output is affected by diseases, especially pine goods. mandarin from China.

DHC - Dong Hai Ben Tre Joint Stock Company

The company's main material is old cartons. Input supply in Vietnam accounts for about 40%, the rest is imported from the US, EU and Japan. The cheap inventory gradually runs out, while the price of new raw materials can increase sharply. However, the analyst team said that this is only a short-term problem because the supply market will soon stabilize when production activities recover from the disease.

DHC's revenue and profit after tax this year are forecasted to reach VND 2,147 billion and VND 215 billion, up 50% and 18% year-on-year respectively. EPS is forecasted at VND 3,838, implying a forward P / E for this year at 9.5x.

HSG - Hoa Sen Group Joint Stock Company

Hoa Sen is the first company to recover from the peak HRC price period in the second half of 2018 thanks to the advantage of agents and distribution stores nationwide. This year's gross profit margin is forecasted at 15.5% thanks to management system changes and inventory accumulation when the price of this product falls. Domestic sales this year and next year are forecasted at VND 16,000 billion and VND 17,400 billion, respectively.

In the second half of the year, this company plans to issue shares to strategic shareholders at a price not lower than book value. Analysts said that the reasonable price when issuing will be about 16,800 dong.

DGW - The Digital World Joint Stock Company

DGW's revenue and net profit are forecasted at VND 11,345 billion and VND 236 billion this year, respectively, up 34% and 45% year-on-year. This year EPS is forecasted at VND 5,488, implying a forward P / E of 6.5x.

The company's laptop distribution segment accounts for nearly 59% of the market share in terms of value, while the mobile segment is also making significant strides thanks to its low-mid-range segment. The addition of a new partner, Unilever, will help the consumer goods segment grow, although it may not be much. New revenue contributions from the Apple brand will increase in the second half of this year onwards.