Investor Letter 3/2019
Vietnam Solid Data, No Tense, No Jittery • PYN Elite’s key holdings (82% of the portfolio) valued at P/E 7.1 for 2021. • Vietnam has the highest number of free
Vietnam Solid Data, No Tense, No Jittery • PYN Elite’s key holdings (82% of the portfolio) valued at P/E 7.1 for 2021. • Vietnam has the highest number of free
In September, PYN Elite gained 1.9% on MWG, HDB, KDH and CII. VN Index +1.3% supported by banking sector. Q3 GDP growth came strong at 7.3%, well above consensus of
The good pace of industrial production in Vietnam keeps GDP growth up to speed. General Statistics Office of Vietnam just released preliminary third-quarter growth figures, which were surprisingly good; growth
PYN Elite’s NAV in August increased 1.27%, led by MWG (+ 9.5% MoM), TPB (+2.0% MoM) and KDH (+8.3% MoM) while VN-Index declined 0.77%, caused by laggards GAS (-5.7% MoM),
In the middle of the holiday season, perhaps these investment related questions occupy the vacationer: what could kick start a new substantial performance for PYN Elite’s value? When can we